GST Partners: 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.
GST Partners
Largest movements
- Receivables within one year +€1,100
new in 2025: €1,100
of which Trade receivables: +€750
- Cash +€522
new in 2025: €522
mainly Net result for the year (+€1,200) and Trade debts (+€872)
- Profit (loss) carried forward +€1,200
up €1,200 (+1.4%), from -€87,603 to -€86,403
- Trade debts +€872
new in 2025: €872
- Other debts -€850
down €850 (-1.2%), from €68,992 to €68,142
- Tax, wage and social debts +€400
new in 2025: €400
- Gross operating margin +€2,239
up €2,239, from -€239 to €2,000
- Taxes +€400
new in 2025: €400
- Other operating charges +€214
up €214 (+115.1%), from €186 to €400
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 | - | €1,622 | +€1,622 | |
| Current assets | 29/58 | - | €1,622 | +€1,622 | |
| Amounts receivable within one year | 40/41 | - | €1,100 | +€1,100 | |
| Trade receivables | 40 | - | €750 | +€750 | |
| Other amounts receivable | 41 | - | €350 | +€350 | |
| Cash at bank and in hand | 54/58 | - | €522 | +€522 | |
| Total equity and liabilities | 10/49 | €0 | €1,622 | +€1,622 | |
| Equity | 10/15 | -€68,992 | -€67,792 | +€1,200 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11 | €11 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11 | €11 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11 | €11 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,603 | -€86,403 | +€1,200 | +1.4% |
| Amounts payable | 17/49 | €68,992 | €69,414 | +€422 | +0.6% |
| Amounts payable within one year | 42/48 | €68,992 | €69,414 | +€422 | +0.6% |
| Trade debts | 44 | - | €872 | +€872 | |
| Suppliers | 440/4 | - | €872 | +€872 | |
| Taxes, remuneration and social security | 45 | - | €400 | +€400 | |
| Taxes | 450/3 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €68,992 | €68,142 | -€850 | -1.2% |
| Other operating charges | 640/8 | €186 | €400 | +€214 | +115.1% |
| Gross operating margin | 9900 | -€239 | €2,000 | +€2,239 | |
| Operating profit (loss) | 9901 | -€425 | €1,600 | +€2,025 | |
| Profit (loss) for the period before taxes | 9903 | -€425 | €1,600 | +€2,025 | |
| Income taxes | 67/77 | - | €400 | +€400 | |
| Profit (loss) for the period | 9904 | -€425 | €1,200 | +€1,625 | |
| Profit (loss) for the period to be appropriated | 9905 | -€425 | €1,200 | +€1,625 |
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 7 October 2026 via checked.be.