GPS HOLDING: 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 HOLDING
Largest movements
- Cash -€66,823
down €66,823 (-78.8%), from €84,837 to €18,014
mainly Other debts (-€53,741) and Receivables within one year (-€7,351)
- Receivables within one year +€7,351
up €7,351 (+149%), from €4,922 to €12,272
- Other debts -€53,741
down €53,741 (-52.1%), from €103,134 to €49,393
- Profit (loss) carried forward -€5,800
down €5,800 (-28.2%), from -€20,601 to -€26,401
- Gross operating margin +€17,146
up €17,146 (+83.6%), from -€20,507 to -€3,361
- Depreciation +€1,543
new in 2025: €1,543
- Other operating charges +€887
new in 2025: €887
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 | €94,758 | €35,286 | -€59,472 | -62.8% |
| Fixed assets | 21/28 | €5,000 | €5,000 | = | 0.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €89,758 | €30,286 | -€59,472 | -66.3% |
| Amounts receivable within one year | 40/41 | €4,922 | €12,272 | +€7,351 | +149% |
| Other amounts receivable | 41 | €4,922 | €12,272 | +€7,351 | +149% |
| Cash at bank and in hand | 54/58 | €84,837 | €18,014 | -€66,823 | -78.8% |
| Total equity and liabilities | 10/49 | €94,758 | €35,286 | -€59,472 | -62.8% |
| Equity | 10/15 | -€10,601 | -€16,401 | -€5,800 | -54.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,601 | -€26,401 | -€5,800 | -28.2% |
| Amounts payable | 17/49 | €105,360 | €51,687 | -€53,672 | -50.9% |
| Amounts payable within one year | 42/48 | €105,360 | €51,687 | -€53,672 | -50.9% |
| Trade debts | 44 | €2,226 | €2,294 | +€69 | +3.1% |
| Suppliers | 440/4 | €2,226 | €2,294 | +€69 | +3.1% |
| Other amounts payable | 47/48 | €103,134 | €49,393 | -€53,741 | -52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,543 | +€1,543 | |
| Other operating charges | 640/8 | - | €887 | +€887 | |
| Gross operating margin | 9900 | -€20,507 | -€3,361 | +€17,146 | +83.6% |
| Operating profit (loss) | 9901 | -€20,507 | -€5,791 | +€14,716 | +71.8% |
| Financial charges | 65/66B | €94 | €9 | -€85 | -90.9% |
| Recurring financial charges | 65 | €94 | €9 | -€85 | -90.9% |
| Profit (loss) for the period before taxes | 9903 | -€20,601 | -€5,800 | +€14,801 | +71.8% |
| Profit (loss) for the period | 9904 | -€20,601 | -€5,800 | +€14,801 | +71.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,601 | -€5,800 | +€14,801 | +71.8% |
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 13 October 2026 via checked.be.