GSPK: 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.
GSPK
Largest movements
- Cash +€5,355
up €5,355 (+1820.3%), from €294 to €5,650
mainly Receivables within one year (+€3,235) and Depreciation (+€2,892)
- Receivables within one year -€3,235
down €3,235 (-94.7%), from €3,415 to €180
of which Other amounts receivable: -€2,643
- Profit (loss) carried forward +€2,587
up €2,587 (+12.1%), from -€21,295 to -€18,708
- Other debts -€1,268
down €1,268 (-2.9%), from €43,143 to €41,875
- Gross operating margin -€2,079
down €2,079 (-22.4%), from €9,268 to €7,189
- Other operating charges +€603
up €603 (+69.7%), from €865 to €1,469
- Depreciation +€148
up €148 (+5.4%), from €2,744 to €2,892
- Financial charges -€134
down €134 (-35.8%), from €375 to €241
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 | €43,816 | €45,700 | +€1,884 | +4.3% |
| Fixed assets | 21/28 | €4,293 | €4,165 | -€129 | -3.0% |
| Tangible fixed assets | 22/27 | €4,293 | €4,165 | -€129 | -3.0% |
| Plant, machinery and equipment | 23 | €1,258 | €1,269 | +€11 | +0.9% |
| Furniture and vehicles | 24 | €1,639 | €1,439 | -€200 | -12.2% |
| Other tangible fixed assets | 26 | €1,397 | €1,457 | +€61 | +4.4% |
| Current assets | 29/58 | €39,523 | €41,536 | +€2,013 | +5.1% |
| Stocks and contracts in progress | 3 | €31,930 | €31,618 | -€312 | -1.0% |
| Stocks | 30/36 | €31,930 | €31,618 | -€312 | -1.0% |
| Amounts receivable within one year | 40/41 | €3,415 | €180 | -€3,235 | -94.7% |
| Trade receivables | 40 | €593 | €0 | -€593 | -100.0% |
| Other amounts receivable | 41 | €2,823 | €180 | -€2,643 | -93.6% |
| Cash at bank and in hand | 54/58 | €294 | €5,650 | +€5,355 | +1820.3% |
| Deferred charges and accrued income | 490/1 | €3,883 | €4,088 | +€205 | +5.3% |
| Total equity and liabilities | 10/49 | €43,816 | €45,700 | +€1,884 | +4.3% |
| Equity | 10/15 | -€13,235 | -€10,648 | +€2,587 | +19.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,295 | -€18,708 | +€2,587 | +12.1% |
| Amounts payable | 17/49 | €57,051 | €56,348 | -€703 | -1.2% |
| Amounts payable within one year | 42/48 | €57,051 | €56,348 | -€703 | -1.2% |
| Trade debts | 44 | €11,689 | €11,922 | +€233 | +2.0% |
| Suppliers | 440/4 | €11,689 | €11,922 | +€233 | +2.0% |
| Taxes, remuneration and social security | 45 | €2,219 | €2,551 | +€332 | +15.0% |
| Taxes | 450/3 | €2,219 | €2,551 | +€332 | +15.0% |
| Other amounts payable | 47/48 | €43,143 | €41,875 | -€1,268 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,744 | €2,892 | +€148 | +5.4% |
| Other operating charges | 640/8 | €865 | €1,469 | +€603 | +69.7% |
| Gross operating margin | 9900 | €9,268 | €7,189 | -€2,079 | -22.4% |
| Operating profit (loss) | 9901 | €5,659 | €2,828 | -€2,831 | -50.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -25.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -25.0% |
| Financial charges | 65/66B | €375 | €241 | -€134 | -35.8% |
| Recurring financial charges | 65 | €375 | €241 | -€134 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €5,284 | €2,587 | -€2,696 | -51.0% |
| Profit (loss) for the period | 9904 | €5,284 | €2,587 | -€2,696 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,284 | €2,587 | -€2,696 | -51.0% |
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 3 October 2026 via checked.be.