GPRS: what changed
Two fiscal 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.
GPRS
Largest movements
- Cash +€153,200
up €153,200 (+494.4%), from €30,985 to €184,186
mainly Current investments (+€140,000) and Depreciation (+€97,632)
- Current investments -€140,000
no longer reported in 2025 (was €140,000)
- Tangible fixed assets -€61,632
down €61,632 (-2.1%), from €2.9m to €2.9m
of which Land and buildings: -€89,440
- Other debts +€92,399
up €92,399 (+6253.5%), from €1,478 to €93,877
- Reserves -€76,737
down €76,737 (-5.4%), from €1.4m to €1.3m
of which Distributable reserves: -€57,000
- Debts after one year -€49,829
down €49,829 (-8.7%), from €572,172 to €522,343
of which Financial debts: -€52,022
- Gross operating margin +€7,381
up €7,381 (+5.3%), from €139,353 to €146,734
- Depreciation +€7,117
up €7,117 (+7.9%), from €90,515 to €97,632
- Financial income +€1,581
up €1,581 (+109.9%), from €1,439 to €3,021
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 | €3,111,208 | €3,063,352 | -€47,856 | -1.5% |
| Fixed assets | 21/28 | €2,939,099 | €2,877,468 | -€61,632 | -2.1% |
| Tangible fixed assets | 22/27 | €2,938,075 | €2,876,443 | -€61,632 | -2.1% |
| Land and buildings | 22 | €2,937,250 | €2,847,810 | -€89,440 | -3.0% |
| Furniture and vehicles | 24 | €825 | €28,634 | +€27,809 | +3369.8% |
| Financial fixed assets | 28 | €1,024 | €1,024 | = | 0.0% |
| Current assets | 29/58 | €172,109 | €185,885 | +€13,776 | +8.0% |
| Amounts receivable within one year | 40/41 | - | €1,446 | +€1,446 | |
| Trade receivables | 40 | - | €263 | +€263 | |
| Other amounts receivable | 41 | - | €1,183 | +€1,183 | |
| Current investments | 50/53 | €140,000 | - | -€140,000 | |
| Cash at bank and in hand | 54/58 | €30,985 | €184,186 | +€153,200 | +494.4% |
| Deferred charges and accrued income | 490/1 | €1,123 | €253 | -€871 | -77.5% |
| Total equity and liabilities | 10/49 | €3,111,208 | €3,063,352 | -€47,856 | -1.5% |
| Equity | 10/15 | €2,277,222 | €2,200,747 | -€76,475 | -3.4% |
| Contributions | 10/11 | €851,000 | €851,000 | = | 0.0% |
| Capital | 10 | €851,000 | €851,000 | = | 0.0% |
| Issued capital | 100 | €851,000 | €851,000 | = | 0.0% |
| Reserves | 13 | €1,425,998 | €1,349,261 | -€76,737 | -5.4% |
| Non-distributable reserves | 130/1 | €85,100 | €85,100 | = | 0.0% |
| Legal reserve | 130 | €85,100 | €85,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €562,989 | €543,253 | -€19,737 | -3.5% |
| Distributable reserves | 133 | €777,909 | €720,909 | -€57,000 | -7.3% |
| Profit (loss) carried forward | 14 | €224 | €485 | +€261 | +116.9% |
| Provisions and deferred taxes | 16 | €187,663 | €181,084 | -€6,579 | -3.5% |
| Deferred taxes | 168 | €187,663 | €181,084 | -€6,579 | -3.5% |
| Amounts payable | 17/49 | €646,323 | €681,522 | +€35,199 | +5.4% |
| Amounts payable after more than one year | 17 | €572,172 | €522,343 | -€49,829 | -8.7% |
| Financial debts | 170/4 | €570,972 | €518,951 | -€52,022 | -9.1% |
| Other amounts payable | 178/9 | €1,200 | €3,393 | +€2,193 | +182.7% |
| Amounts payable within one year | 42/48 | €64,871 | €149,808 | +€84,937 | +130.9% |
| Current portion of amounts payable after more than one year | 42 | €51,521 | €52,022 | +€501 | +1.0% |
| Trade debts | 44 | €2,945 | €3,110 | +€164 | +5.6% |
| Suppliers | 440/4 | €2,945 | €3,110 | +€164 | +5.6% |
| Taxes, remuneration and social security | 45 | €8,927 | €800 | -€8,127 | -91.0% |
| Taxes | 450/3 | €8,927 | €800 | -€8,127 | -91.0% |
| Other amounts payable | 47/48 | €1,478 | €93,877 | +€92,399 | +6253.5% |
| Accrued charges and deferred income | 492/3 | €9,280 | €9,370 | +€91 | +1.0% |
| Non-recurring operating income | 76A | - | €12,000 | +€12,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,515 | €97,632 | +€7,117 | +7.9% |
| Other operating charges | 640/8 | €17,776 | €18,529 | +€752 | +4.2% |
| Gross operating margin | 9900 | €139,353 | €146,734 | +€7,381 | +5.3% |
| Operating profit (loss) | 9901 | €31,062 | €30,574 | -€489 | -1.6% |
| Financial income | 75/76B | €1,439 | €3,021 | +€1,581 | +109.9% |
| Recurring financial income | 75 | €1,439 | €3,021 | +€1,581 | +109.9% |
| Financial charges | 65/66B | €7,456 | €6,931 | -€525 | -7.0% |
| Recurring financial charges | 65 | €7,456 | €6,931 | -€525 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €25,046 | €26,664 | +€1,618 | +6.5% |
| Transfer from deferred taxes | 780 | €6,579 | €6,579 | = | 0.0% |
| Income taxes | 67/77 | €14,910 | €15,841 | +€931 | +6.2% |
| Profit (loss) for the period | 9904 | €16,714 | €17,402 | +€687 | +4.1% |
| Transfer from tax-exempt reserves | 789 | €19,737 | €19,737 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,451 | €37,138 | +€687 | +1.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.