GSV COMPTA: 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.
GSV COMPTA
Largest movements
- Tangible fixed assets -€100,128
down €100,128 (-97.8%), from €102,423 to €2,295
of which Land and buildings: -€85,340
- Receivables within one year -€69,576
down €69,576 (-83.7%), from €83,108 to €13,531
of which Other amounts receivable: -€68,679
- Cash -€7,140
down €7,140 (-23.5%), from €30,398 to €23,258
mainly Contributions, distributions and other (-€109,745) and Debts after one year (-€59,453)
- Intangible fixed assets -€5,000
down €5,000 (-50.0%), from €10,000 to €5,000
- Receivables after one year -€2,705
down €2,705 (-7.3%), from €36,964 to €34,259
- Profit (loss) carried forward -€109,745
down €109,745 (-71.4%), from €153,692 to €43,947
- Debts after one year -€59,453
down €59,453 (-98.4%), from €60,439 to €986
- Tax, wage and social debts -€13,557
down €13,557 (-51.7%), from €26,235 to €12,678
of which Taxes: -€14,600
- Reserves +€4,521
up €4,521 (+226.0%), from €2,000 to €6,521
of which Distributable reserves: +€4,521
- Other debts -€4,486
down €4,486 (-89.7%), from €5,000 to €514
- Depreciation -€5,478
down €5,478 (-46.6%), from €11,748 to €6,270
- Other operating charges +€3,824
up €3,824 (+122.5%), from €3,122 to €6,946
- Gross operating margin -€1,902
down €1,902 (-3.0%), from €63,148 to €61,246
- Staff costs +€1,294
up €1,294 (+3.4%), from €38,445 to €39,738
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 | €263,085 | €78,989 | -€184,096 | -70.0% |
| Fixed assets | 21/28 | €112,423 | €7,295 | -€105,128 | -93.5% |
| Intangible fixed assets | 21 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Tangible fixed assets | 22/27 | €102,423 | €2,295 | -€100,128 | -97.8% |
| Land and buildings | 22 | €85,340 | - | -€85,340 | |
| Plant, machinery and equipment | 23 | €16,829 | - | -€16,829 | |
| Furniture and vehicles | 24 | €254 | €2,295 | +€2,041 | +802.9% |
| Current assets | 29/58 | €150,662 | €71,694 | -€78,967 | -52.4% |
| Amounts receivable after more than one year | 29 | €36,964 | €34,259 | -€2,705 | -7.3% |
| Other amounts receivable | 291 | €36,964 | €34,259 | -€2,705 | -7.3% |
| Amounts receivable within one year | 40/41 | €83,108 | €13,531 | -€69,576 | -83.7% |
| Trade receivables | 40 | €10,652 | €9,755 | -€897 | -8.4% |
| Other amounts receivable | 41 | €72,455 | €3,776 | -€68,679 | -94.8% |
| Cash at bank and in hand | 54/58 | €30,398 | €23,258 | -€7,140 | -23.5% |
| Deferred charges and accrued income | 490/1 | €192 | €646 | +€454 | +236.2% |
| Total equity and liabilities | 10/49 | €263,085 | €78,989 | -€184,096 | -70.0% |
| Equity | 10/15 | €155,692 | €50,468 | -€105,224 | -67.6% |
| Reserves | 13 | €2,000 | €6,521 | +€4,521 | +226.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | - | €4,521 | +€4,521 | |
| Profit (loss) carried forward | 14 | €153,692 | €43,947 | -€109,745 | -71.4% |
| Amounts payable | 17/49 | €107,393 | €28,521 | -€78,872 | -73.4% |
| Amounts payable after more than one year | 17 | €60,439 | €986 | -€59,453 | -98.4% |
| Financial debts | 170/4 | €60,439 | €986 | -€59,453 | -98.4% |
| Amounts payable within one year | 42/48 | €46,954 | €27,535 | -€19,419 | -41.4% |
| Current portion of amounts payable after more than one year | 42 | €10,276 | €6,421 | -€3,855 | -37.5% |
| Trade debts | 44 | €3,855 | €6,382 | +€2,527 | +65.5% |
| Suppliers | 440/4 | €3,855 | €6,382 | +€2,527 | +65.5% |
| Advances received on contracts in progress | 46 | €1,588 | €1,539 | -€49 | -3.1% |
| Taxes, remuneration and social security | 45 | €26,235 | €12,678 | -€13,557 | -51.7% |
| Taxes | 450/3 | €21,778 | €7,178 | -€14,600 | -67.0% |
| Remuneration and social security | 454/9 | €4,456 | €5,500 | +€1,043 | +23.4% |
| Other amounts payable | 47/48 | €5,000 | €514 | -€4,486 | -89.7% |
| Remuneration, social security and pensions | 62 | €38,445 | €39,738 | +€1,294 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,748 | €6,270 | -€5,478 | -46.6% |
| Other operating charges | 640/8 | €3,122 | €6,946 | +€3,824 | +122.5% |
| Non-recurring operating charges | 66A | €63 | €193 | +€130 | +205.6% |
| Gross operating margin | 9900 | €63,148 | €61,246 | -€1,902 | -3.0% |
| Operating profit (loss) | 9901 | €9,770 | €8,099 | -€1,671 | -17.1% |
| Financial income | 75/76B | €2,944 | €2,438 | -€506 | -17.2% |
| Recurring financial income | 75 | €2,944 | €2,438 | -€506 | -17.2% |
| Financial charges | 65/66B | €2,202 | €2,078 | -€124 | -5.6% |
| Recurring financial charges | 65 | €2,202 | €2,078 | -€124 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €10,512 | €8,459 | -€2,053 | -19.5% |
| Income taxes | 67/77 | €3,887 | €3,938 | +€51 | +1.3% |
| Profit (loss) for the period | 9904 | €6,625 | €4,521 | -€2,104 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,625 | €4,521 | -€2,104 | -31.8% |
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 10 October 2026 via checked.be.