GRP Services: 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.
GRP Services
Largest movements
- Receivables within one year +€46,489
up €46,489 (+72.2%), from €64,408 to €110,897
of which Trade receivables: +€46,354
- Cash +€31,529
up €31,529 (+344.8%), from €9,145 to €40,674
mainly Net result for the year (+€57,264) and Tax, wage and social debts (+€16,248)
- Deferred charges and accrued income -€15,762
down €15,762 (-96.3%), from €16,369 to €607
- Tangible fixed assets -€1,833
down €1,833 (-39.9%), from €4,599 to €2,766
- Profit (loss) carried forward +€56,431
up €56,431 (+1076.9%), from €5,240 to €61,671
- Tax, wage and social debts +€16,248
up €16,248 (+558.5%), from €2,909 to €19,157
- Trade debts -€6,955
down €6,955 (-11.8%), from €59,176 to €52,221
- Other debts -€5,302
down €5,302 (-23.9%), from €22,195 to €16,893
- Gross operating margin +€45,343
up €45,343 (+138.4%), from €32,762 to €78,104
- Staff costs -€16,913
down €16,913 (-93.2%), from €18,143 to €1,230
- Taxes +€13,730
up €13,730 (+536.8%), from €2,558 to €16,287
- Other operating charges -€2,881
down €2,881 (-72.9%), from €3,949 to €1,069
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 | €94,521 | €154,943 | +€60,422 | +63.9% |
| Fixed assets | 21/28 | €4,599 | €2,766 | -€1,833 | -39.9% |
| Tangible fixed assets | 22/27 | €4,599 | €2,766 | -€1,833 | -39.9% |
| Furniture and vehicles | 24 | €4,599 | €2,766 | -€1,833 | -39.9% |
| Current assets | 29/58 | €89,922 | €152,177 | +€62,256 | +69.2% |
| Amounts receivable within one year | 40/41 | €64,408 | €110,897 | +€46,489 | +72.2% |
| Trade receivables | 40 | €62,480 | €108,834 | +€46,354 | +74.2% |
| Other amounts receivable | 41 | €1,928 | €2,062 | +€134 | +7.0% |
| Cash at bank and in hand | 54/58 | €9,145 | €40,674 | +€31,529 | +344.8% |
| Deferred charges and accrued income | 490/1 | €16,369 | €607 | -€15,762 | -96.3% |
| Total equity and liabilities | 10/49 | €94,521 | €154,943 | +€60,422 | +63.9% |
| Equity | 10/15 | €10,240 | €66,671 | +€56,431 | +551.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,240 | €61,671 | +€56,431 | +1076.9% |
| Amounts payable | 17/49 | €84,280 | €88,272 | +€3,991 | +4.7% |
| Amounts payable within one year | 42/48 | €84,280 | €88,272 | +€3,991 | +4.7% |
| Trade debts | 44 | €59,176 | €52,221 | -€6,955 | -11.8% |
| Suppliers | 440/4 | €59,176 | €52,221 | -€6,955 | -11.8% |
| Taxes, remuneration and social security | 45 | €2,909 | €19,157 | +€16,248 | +558.5% |
| Taxes | 450/3 | €2,909 | €19,157 | +€16,248 | +558.5% |
| Other amounts payable | 47/48 | €22,195 | €16,893 | -€5,302 | -23.9% |
| Remuneration, social security and pensions | 62 | €18,143 | €1,230 | -€16,913 | -93.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,556 | €1,833 | +€277 | +17.8% |
| Other operating charges | 640/8 | €3,949 | €1,069 | -€2,881 | -72.9% |
| Gross operating margin | 9900 | €32,762 | €78,104 | +€45,343 | +138.4% |
| Operating profit (loss) | 9901 | €9,114 | €73,973 | +€64,859 | +711.7% |
| Financial income | 75/76B | €1 | €177 | +€176 | +28367.7% |
| Recurring financial income | 75 | €1 | €177 | +€176 | +28367.7% |
| Financial charges | 65/66B | €483 | €598 | +€114 | +23.6% |
| Recurring financial charges | 65 | €483 | €598 | +€114 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | €8,631 | €73,551 | +€64,921 | +752.2% |
| Income taxes | 67/77 | €2,558 | €16,287 | +€13,730 | +536.8% |
| Profit (loss) for the period | 9904 | €6,073 | €57,264 | +€51,191 | +842.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,073 | €57,264 | +€51,191 | +842.9% |
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 4 October 2026 via checked.be.