GPS Global Properties Services: 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.
GPS Global Properties Services
Largest movements
- Stocks and contracts +€4,725
up €4,725 (+187%), from €2,525 to €7,250
- Tangible fixed assets -€4,583
down €4,583 (-16.4%), from €27,925 to €23,342
of which Plant, machinery and equipment: -€6,643
- Receivables within one year +€4,399
up €4,399 (+8.6%), from €51,246 to €55,645
of which Other amounts receivable: +€16,729
- Intangible fixed assets -€1,754
down €1,754 (-32.7%), from €5,363 to €3,609
- Deferred charges and accrued income +€1,666
up €1,666 (+18.0%), from €9,279 to €10,945
- Profit (loss) carried forward -€43,281
down €43,281 (-489%), from -€8,855 to -€52,136
- Tax, wage and social debts +€33,136
up €33,136 (+58.7%), from €56,423 to €89,559
of which Remuneration and social security: +€22,340
- Trade debts +€14,594
up €14,594 (+32.6%), from €44,797 to €59,391
- Staff costs +€53,658
up €53,658 (+55.2%), from €97,192 to €150,850
- Gross operating margin +€13,924
up €13,924 (+13.4%), from €103,667 to €117,591
- Financial income +€1,274
new in 2025: €1,274
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.
Derived cash bridge
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 | €96,366 | €100,817 | +€4,451 | +4.6% |
| Fixed assets | 21/28 | €33,288 | €26,951 | -€6,337 | -19.0% |
| Intangible fixed assets | 21 | €5,363 | €3,609 | -€1,754 | -32.7% |
| Tangible fixed assets | 22/27 | €27,925 | €23,342 | -€4,583 | -16.4% |
| Plant, machinery and equipment | 23 | €18,804 | €12,161 | -€6,643 | -35.3% |
| Furniture and vehicles | 24 | €721 | €271 | -€450 | -62.4% |
| Assets under construction and advance payments | 27 | €8,400 | €10,910 | +€2,510 | +29.9% |
| Current assets | 29/58 | €63,077 | €73,865 | +€10,788 | +17.1% |
| Stocks and contracts in progress | 3 | €2,525 | €7,250 | +€4,725 | +187% |
| Stocks | 30/36 | €2,525 | €7,250 | +€4,725 | +187% |
| Amounts receivable within one year | 40/41 | €51,246 | €55,645 | +€4,399 | +8.6% |
| Trade receivables | 40 | €51,246 | €38,916 | -€12,330 | -24.1% |
| Other amounts receivable | 41 | - | €16,729 | +€16,729 | |
| Cash at bank and in hand | 54/58 | €27 | €25 | -€2 | -8.9% |
| Deferred charges and accrued income | 490/1 | €9,279 | €10,945 | +€1,666 | +18.0% |
| Total equity and liabilities | 10/49 | €96,366 | €100,817 | +€4,451 | +4.6% |
| Equity | 10/15 | -€6,855 | -€50,136 | -€43,281 | -631% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,855 | -€52,136 | -€43,281 | -489% |
| Amounts payable | 17/49 | €103,220 | €150,952 | +€47,732 | +46.2% |
| Amounts payable within one year | 42/48 | €103,220 | €150,952 | +€47,732 | +46.2% |
| Trade debts | 44 | €44,797 | €59,391 | +€14,594 | +32.6% |
| Suppliers | 440/4 | €44,797 | €59,391 | +€14,594 | +32.6% |
| Taxes, remuneration and social security | 45 | €56,423 | €89,559 | +€33,136 | +58.7% |
| Taxes | 450/3 | €18,545 | €29,341 | +€10,796 | +58.2% |
| Remuneration and social security | 454/9 | €37,878 | €60,218 | +€22,340 | +59.0% |
| Other amounts payable | 47/48 | €2,000 | €2,002 | +€2 | +0.1% |
| Non-recurring operating income | 76A | - | €1,691 | +€1,691 | |
| Remuneration, social security and pensions | 62 | €97,192 | €150,850 | +€53,658 | +55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,847 | €8,847 | = | 0.0% |
| Other operating charges | 640/8 | €970 | €1,578 | +€608 | +62.7% |
| Gross operating margin | 9900 | €103,667 | €117,591 | +€13,924 | +13.4% |
| Operating profit (loss) | 9901 | -€3,341 | -€43,684 | -€40,343 | -1,207% |
| Financial income | 75/76B | - | €1,274 | +€1,274 | |
| Recurring financial income | 75 | - | €1,274 | +€1,274 | |
| Financial charges | 65/66B | €246 | €871 | +€625 | +254% |
| Recurring financial charges | 65 | €246 | €871 | +€625 | +254% |
| Profit (loss) for the period before taxes | 9903 | -€3,587 | -€43,281 | -€39,694 | -1,107% |
| Profit (loss) for the period | 9904 | -€3,587 | -€43,281 | -€39,694 | -1,107% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,587 | -€43,281 | -€39,694 | -1,107% |
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 19 October 2026 via checked.be.