GPS4LIFE: 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.
GPS4LIFE
Largest movements
- Cash -€10,895
down €10,895 (-4.2%), from €259,617 to €248,722
mainly Contributions, distributions and other (-€26,856) and Other debts (-€8,572)
- Receivables within one year -€7,735
down €7,735 (-24.5%), from €31,604 to €23,869
of which Trade receivables: -€16,849
- Tangible fixed assets -€4,808
down €4,808 (-22.2%), from €21,671 to €16,863
of which Other tangible fixed assets: -€2,631
- Reserves -€10,212
down €10,212 (-4.8%), from €211,792 to €201,581
- Other debts -€8,572
down €8,572 (-25.1%), from €34,085 to €25,513
- Tax, wage and social debts -€4,578
down €4,578 (-37.9%), from €12,069 to €7,491
- Gross operating margin -€45,389
down €45,389 (-59.1%), from €76,823 to €31,434
- Taxes -€14,139
down €14,139 (-60.6%), from €23,333 to €9,194
- Depreciation +€1,114
up €1,114 (+22.0%), from €5,055 to €6,169
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 | €314,314 | €290,843 | -€23,471 | -7.5% |
| Fixed assets | 21/28 | €21,721 | €16,913 | -€4,808 | -22.1% |
| Tangible fixed assets | 22/27 | €21,671 | €16,863 | -€4,808 | -22.2% |
| Furniture and vehicles | 24 | €15,219 | €13,042 | -€2,177 | -14.3% |
| Other tangible fixed assets | 26 | €6,452 | €3,821 | -€2,631 | -40.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €292,593 | €273,930 | -€18,663 | -6.4% |
| Amounts receivable within one year | 40/41 | €31,604 | €23,869 | -€7,735 | -24.5% |
| Trade receivables | 40 | €31,597 | €14,748 | -€16,849 | -53.3% |
| Other amounts receivable | 41 | €7 | €9,121 | +€9,114 | +130,206% |
| Cash at bank and in hand | 54/58 | €259,617 | €248,722 | -€10,895 | -4.2% |
| Deferred charges and accrued income | 490/1 | €1,371 | €1,339 | -€32 | -2.4% |
| Total equity and liabilities | 10/49 | €314,314 | €290,843 | -€23,471 | -7.5% |
| Equity | 10/15 | €267,794 | €257,582 | -€10,212 | -3.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €211,792 | €201,581 | -€10,212 | -4.8% |
| Distributable reserves | 133 | €211,792 | €201,581 | -€10,212 | -4.8% |
| Profit (loss) carried forward | 14 | €35,541 | €35,541 | = | 0.0% |
| Amounts payable | 17/49 | €46,520 | €33,261 | -€13,259 | -28.5% |
| Amounts payable within one year | 42/48 | €46,520 | €33,197 | -€13,323 | -28.6% |
| Trade debts | 44 | €366 | €194 | -€173 | -47.2% |
| Suppliers | 440/4 | €366 | €194 | -€173 | -47.2% |
| Taxes, remuneration and social security | 45 | €12,069 | €7,491 | -€4,578 | -37.9% |
| Taxes | 450/3 | €12,069 | €7,491 | -€4,578 | -37.9% |
| Other amounts payable | 47/48 | €34,085 | €25,513 | -€8,572 | -25.1% |
| Accrued charges and deferred income | 492/3 | - | €64 | +€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,055 | €6,169 | +€1,114 | +22.0% |
| Other operating charges | 640/8 | €840 | €652 | -€188 | -22.4% |
| Gross operating margin | 9900 | €76,823 | €31,434 | -€45,389 | -59.1% |
| Operating profit (loss) | 9901 | €70,928 | €24,612 | -€46,316 | -65.3% |
| Financial income | 75/76B | €909 | €1,394 | +€485 | +53.3% |
| Recurring financial income | 75 | €909 | €1,394 | +€485 | +53.3% |
| Financial charges | 65/66B | €483 | €168 | -€315 | -65.2% |
| Recurring financial charges | 65 | €483 | €168 | -€315 | -65.2% |
| Profit (loss) for the period before taxes | 9903 | €71,354 | €25,838 | -€45,516 | -63.8% |
| Income taxes | 67/77 | €23,333 | €9,194 | -€14,139 | -60.6% |
| Profit (loss) for the period | 9904 | €48,021 | €16,644 | -€31,377 | -65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,021 | €16,644 | -€31,377 | -65.3% |
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 27 October 2026 via checked.be.