GPROJET: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GPROJET
Largest movements
- Tangible fixed assets +€34,151
up €34,151 (+591.4%), from €5,775 to €39,926
of which Furniture and vehicles: +€34,573
- Cash +€22,641
up €22,641 (+1222.8%), from €1,852 to €24,493
mainly Debts after one year (+€25,695) and Depreciation (+€13,410)
- Receivables within one year -€7,566
down €7,566 (-13.6%), from €55,510 to €47,944
of which Trade receivables: -€7,804
- Debts after one year +€25,695
new in 2025: €25,695
- Trade debts +€8,890
up €8,890 (+91.1%), from €9,764 to €18,654
- Current portion of long-term debt +€7,609
up €7,609 (+1106.4%), from €688 to €8,297
- Reserves +€5,383
up €5,383 (+50.5%), from €10,666 to €16,049
- Other debts +€3,240
up €3,240 (+127.5%), from €2,542 to €5,782
- Gross operating margin +€20,581
up €20,581 (+262.9%), from €7,828 to €28,409
- Depreciation +€7,941
up €7,941 (+145.2%), from €5,469 to €13,410
- Taxes +€2,276
up €2,276 (+537.2%), from €424 to €2,700
- Financial charges +€1,455
up €1,455 (+467.8%), from €311 to €1,766
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,824 | €114,243 | +€49,419 | +76.2% |
| Fixed assets | 21/28 | €7,095 | €41,246 | +€34,151 | +481.4% |
| Tangible fixed assets | 22/27 | €5,775 | €39,926 | +€34,151 | +591.4% |
| Plant, machinery and equipment | 23 | €2,298 | €1,876 | -€422 | -18.4% |
| Furniture and vehicles | 24 | €3,477 | €38,049 | +€34,573 | +994.4% |
| Financial fixed assets | 28 | €1,320 | €1,320 | = | 0.0% |
| Current assets | 29/58 | €57,730 | €72,997 | +€15,268 | +26.4% |
| Amounts receivable within one year | 40/41 | €55,510 | €47,944 | -€7,566 | -13.6% |
| Trade receivables | 40 | €50,975 | €43,171 | -€7,804 | -15.3% |
| Other amounts receivable | 41 | €4,534 | €4,773 | +€238 | +5.3% |
| Cash at bank and in hand | 54/58 | €1,852 | €24,493 | +€22,641 | +1222.8% |
| Deferred charges and accrued income | 490/1 | €368 | €561 | +€193 | +52.3% |
| Total equity and liabilities | 10/49 | €64,824 | €114,243 | +€49,419 | +76.2% |
| Equity | 10/15 | €43,512 | €48,895 | +€5,383 | +12.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,666 | €16,049 | +€5,383 | +50.5% |
| Non-distributable reserves | 130/1 | €10,666 | €16,049 | +€5,383 | +50.5% |
| Reserves not available under the articles | 1311 | €10,666 | €16,049 | +€5,383 | +50.5% |
| Profit (loss) carried forward | 14 | €26,646 | €26,646 | = | 0.0% |
| Amounts payable | 17/49 | €21,312 | €65,348 | +€44,036 | +206.6% |
| Amounts payable after more than one year | 17 | - | €25,695 | +€25,695 | |
| Financial debts | 170/4 | - | €25,695 | +€25,695 | |
| Amounts payable within one year | 42/48 | €21,312 | €39,653 | +€18,341 | +86.1% |
| Current portion of amounts payable after more than one year | 42 | €688 | €8,297 | +€7,609 | +1106.4% |
| Trade debts | 44 | €9,764 | €18,654 | +€8,890 | +91.1% |
| Suppliers | 440/4 | €9,764 | €18,654 | +€8,890 | +91.1% |
| Taxes, remuneration and social security | 45 | €8,319 | €6,920 | -€1,399 | -16.8% |
| Taxes | 450/3 | €1,519 | €2,620 | +€1,101 | +72.5% |
| Remuneration and social security | 454/9 | €6,800 | €4,300 | -€2,500 | -36.8% |
| Other amounts payable | 47/48 | €2,542 | €5,782 | +€3,240 | +127.5% |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,469 | €13,410 | +€7,941 | +145.2% |
| Other operating charges | 640/8 | €333 | €151 | -€182 | -54.8% |
| Non-recurring operating charges | 66A | €75 | - | -€75 | |
| Gross operating margin | 9900 | €7,828 | €28,409 | +€20,581 | +262.9% |
| Operating profit (loss) | 9901 | €1,952 | €14,849 | +€12,898 | +660.9% |
| Financial income | 75/76B | €2 | €0 | -€2 | -87.7% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -87.7% |
| Financial charges | 65/66B | €311 | €1,766 | +€1,455 | +467.8% |
| Recurring financial charges | 65 | €311 | €1,766 | +€1,455 | +467.8% |
| Profit (loss) for the period before taxes | 9903 | €1,642 | €13,083 | +€11,441 | +696.7% |
| Income taxes | 67/77 | €424 | €2,700 | +€2,276 | +537.2% |
| Profit (loss) for the period | 9904 | €1,219 | €10,383 | +€9,165 | +752.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,219 | €10,383 | +€9,165 | +752.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.