GT PRESSE: 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.
GT PRESSE
Largest movements
- Stocks and contracts +€39,863
up €39,863 (+28.5%), from €139,708 to €179,571
- Intangible fixed assets -€10,000
down €10,000 (-11.3%), from €88,329 to €78,329
- Receivables within one year -€8,601
down €8,601 (-87.1%), from €9,879 to €1,277
of which Trade receivables: -€4,462
- Tangible fixed assets +€4,516
up €4,516 (+84.2%), from €5,363 to €9,879
of which Furniture and vehicles: +€5,116
- Deferred charges and accrued income +€4,049
up €4,049 (+55.9%), from €7,242 to €11,291
- Reserves +€25,201
new in 2025: €25,201
- Tax, wage and social debts +€7,690
up €7,690 (+43.5%), from €17,670 to €25,360
of which Remuneration and social security: +€5,865
- Trade debts -€5,286
down €5,286 (-2.1%), from €253,438 to €248,151
- Turnover +€414,843
up €414,843 (+14.5%), from €2.9m to €3.3m
- Purchases and services +€370,365
up €370,365 (+14.1%), from €2.6m to €3.0m
- Gross operating margin +€44,168
up €44,168 (+18.2%), from €243,191 to €287,359
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.
Derived cash bridge
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 | €279,422 | €312,167 | +€32,746 | +11.7% |
| Formation expenses | 20 | €482 | €241 | -€241 | -50.0% |
| Fixed assets | 21/28 | €100,167 | €94,763 | -€5,404 | -5.4% |
| Intangible fixed assets | 21 | €88,329 | €78,329 | -€10,000 | -11.3% |
| Tangible fixed assets | 22/27 | €5,363 | €9,879 | +€4,516 | +84.2% |
| Plant, machinery and equipment | 23 | €2,057 | €1,457 | -€600 | -29.2% |
| Furniture and vehicles | 24 | €3,306 | €8,422 | +€5,116 | +155% |
| Financial fixed assets | 28 | €6,475 | €6,555 | +€80 | +1.2% |
| Current assets | 29/58 | €178,772 | €217,163 | +€38,391 | +21.5% |
| Stocks and contracts in progress | 3 | €139,708 | €179,571 | +€39,863 | +28.5% |
| Stocks | 30/36 | €139,708 | €179,571 | +€39,863 | +28.5% |
| Amounts receivable within one year | 40/41 | €9,879 | €1,277 | -€8,601 | -87.1% |
| Trade receivables | 40 | €4,920 | €458 | -€4,462 | -90.7% |
| Other amounts receivable | 41 | €4,959 | €820 | -€4,139 | -83.5% |
| Cash at bank and in hand | 54/58 | €21,944 | €25,024 | +€3,080 | +14.0% |
| Deferred charges and accrued income | 490/1 | €7,242 | €11,291 | +€4,049 | +55.9% |
| Total equity and liabilities | 10/49 | €279,422 | €312,167 | +€32,746 | +11.7% |
| Equity | 10/15 | €2,569 | €30,201 | +€27,632 | +1,075% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €25,201 | +€25,201 | |
| Distributable reserves | 133 | - | €25,201 | +€25,201 | |
| Profit (loss) carried forward | 14 | -€2,431 | - | +€2,431 | |
| Amounts payable | 17/49 | €276,852 | €281,966 | +€5,114 | +1.8% |
| Amounts payable within one year | 42/48 | €271,537 | €276,503 | +€4,966 | +1.8% |
| Trade debts | 44 | €253,438 | €248,151 | -€5,286 | -2.1% |
| Suppliers | 440/4 | €253,438 | €248,151 | -€5,286 | -2.1% |
| Advances received on contracts in progress | 46 | €429 | - | -€429 | |
| Taxes, remuneration and social security | 45 | €17,670 | €25,360 | +€7,690 | +43.5% |
| Taxes | 450/3 | €2,774 | €4,598 | +€1,824 | +65.8% |
| Remuneration and social security | 454/9 | €14,896 | €20,762 | +€5,865 | +39.4% |
| Other amounts payable | 47/48 | - | €2,992 | +€2,992 | |
| Accrued charges and deferred income | 492/3 | €5,316 | €5,463 | +€148 | +2.8% |
| Turnover | 70 | €2,870,829 | €3,285,673 | +€414,843 | +14.5% |
| Non-recurring operating income | 76A | €311 | €0 | -€311 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,627,948 | €2,998,313 | +€370,365 | +14.1% |
| Remuneration, social security and pensions | 62 | €228,026 | €229,615 | +€1,589 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,836 | €13,525 | +€1,690 | +14.3% |
| Other operating charges | 640/8 | €6,377 | €5,928 | -€449 | -7.0% |
| Non-recurring operating charges | 66A | €1,507 | €874 | -€633 | -42.0% |
| Gross operating margin | 9900 | €243,191 | €287,359 | +€44,168 | +18.2% |
| Operating profit (loss) | 9901 | -€4,555 | €37,417 | +€41,972 | |
| Financial income | 75/76B | €221 | €58 | -€164 | -73.9% |
| Recurring financial income | 75 | €221 | €58 | -€164 | -73.9% |
| Financial charges | 65/66B | €3,822 | €3,434 | -€388 | -10.2% |
| Recurring financial charges | 65 | €3,822 | €3,434 | -€388 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,155 | €34,041 | +€42,196 | |
| Income taxes | 67/77 | €136 | €6,409 | +€6,273 | +4,601% |
| Profit (loss) for the period | 9904 | -€8,291 | €27,632 | +€35,923 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,291 | €27,632 | +€35,923 |
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 27 October 2026 via checked.be.