GSN 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.
GSN SERVICES
Largest movements
- Tangible fixed assets +€8,800
new in 2025: €8,800
- Financial fixed assets +€2,800
new in 2025: €2,800
- Receivables within one year +€1,404
up €1,404 (+80.4%), from €1,746 to €3,149
of which Other amounts receivable: +€2,904
- Deferred charges and accrued income +€359
new in 2025: €359
- Cash +€334
up €334 (+170.4%), from €196 to €529
mainly Tax, wage and social debts (+€19,817) and Other debts (+€6,170)
- Tax, wage and social debts +€19,817
new in 2025: €19,817
of which Remuneration and social security: +€15,927
- Profit (loss) carried forward -€16,559
down €16,559 (-241.1%), from -€6,868 to -€23,428
- Other debts +€6,170
up €6,170 (+73.2%), from €8,429 to €14,599
- Trade debts +€4,269
up €4,269 (+1121.1%), from €381 to €4,650
- Staff costs +€71,659
new in 2025: €71,659
- Gross operating margin +€60,734
up €60,734, from -€482 to €60,252
- Depreciation +€2,200
new in 2025: €2,200
- Other operating charges +€1,803
new in 2025: €1,803
- Financial charges +€1,010
up €1,010 (+748.4%), from €135 to €1,145
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 | €1,941 | €15,637 | +€13,696 | +705.5% |
| Fixed assets | 21/28 | - | €11,600 | +€11,600 | |
| Tangible fixed assets | 22/27 | - | €8,800 | +€8,800 | |
| Furniture and vehicles | 24 | - | €8,800 | +€8,800 | |
| Financial fixed assets | 28 | - | €2,800 | +€2,800 | |
| Current assets | 29/58 | €1,941 | €4,037 | +€2,096 | +108.0% |
| Amounts receivable within one year | 40/41 | €1,746 | €3,149 | +€1,404 | +80.4% |
| Trade receivables | 40 | €1,500 | - | -€1,500 | |
| Other amounts receivable | 41 | €246 | €3,149 | +€2,904 | +1181.4% |
| Cash at bank and in hand | 54/58 | €196 | €529 | +€334 | +170.4% |
| Deferred charges and accrued income | 490/1 | - | €359 | +€359 | |
| Total equity and liabilities | 10/49 | €1,941 | €15,637 | +€13,696 | +705.5% |
| Equity | 10/15 | -€6,868 | -€23,428 | -€16,559 | -241.1% |
| Profit (loss) carried forward | 14 | -€6,868 | -€23,428 | -€16,559 | -241.1% |
| Amounts payable | 17/49 | €8,810 | €39,065 | +€30,256 | +343.4% |
| Amounts payable within one year | 42/48 | €8,810 | €39,065 | +€30,256 | +343.4% |
| Trade debts | 44 | €381 | €4,650 | +€4,269 | +1121.1% |
| Suppliers | 440/4 | €381 | €4,650 | +€4,269 | +1121.1% |
| Taxes, remuneration and social security | 45 | - | €19,817 | +€19,817 | |
| Taxes | 450/3 | - | €3,889 | +€3,889 | |
| Remuneration and social security | 454/9 | - | €15,927 | +€15,927 | |
| Other amounts payable | 47/48 | €8,429 | €14,599 | +€6,170 | +73.2% |
| Remuneration, social security and pensions | 62 | - | €71,659 | +€71,659 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,200 | +€2,200 | |
| Other operating charges | 640/8 | - | €1,803 | +€1,803 | |
| Gross operating margin | 9900 | -€482 | €60,252 | +€60,734 | |
| Operating profit (loss) | 9901 | -€482 | -€15,411 | -€14,929 | -3099.0% |
| Financial charges | 65/66B | €135 | €1,145 | +€1,010 | +748.4% |
| Recurring financial charges | 65 | €135 | €1,145 | +€1,010 | +748.4% |
| Profit (loss) for the period before taxes | 9903 | -€617 | -€16,556 | -€15,939 | -2584.5% |
| Income taxes | 67/77 | - | €4 | +€4 | |
| Profit (loss) for the period | 9904 | -€617 | -€16,559 | -€15,943 | -2585.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€617 | -€16,559 | -€15,943 | -2585.0% |
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 5 October 2026 via checked.be.