gupi: 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.
gupi
Largest movements
- Current investments -€30,450
down €30,450 (-100.0%), from €30,450 to €0
- Receivables within one year +€9,938
up €9,938 (+90.8%), from €10,940 to €20,878
of which Trade receivables: +€11,630
- Cash -€8,173
down €8,173 (-29.0%), from €28,162 to €19,989
mainly Contributions, distributions and other (-€82,204) and Receivables within one year (-€9,938)
- Tangible fixed assets -€2,136
down €2,136 (-47.3%), from €4,519 to €2,384
- Reserves -€56,235
down €56,235 (-100.0%), from €56,235 to €0
- Other debts +€18,418
up €18,418 (+193.2%), from €9,532 to €27,950
- Tax, wage and social debts +€6,781
up €6,781 (+262.1%), from €2,587 to €9,368
- Gross operating margin +€11,691
up €11,691 (+61.9%), from €18,873 to €30,564
- Financial income +€7,198
new in 2025: €7,198
- Taxes +€3,637
up €3,637 (+83.3%), from €4,365 to €8,002
- Financial charges +€457
up €457 (+662.1%), from €69 to €526
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 | €74,324 | €43,675 | -€30,649 | -41.2% |
| Fixed assets | 21/28 | €4,519 | €2,384 | -€2,136 | -47.3% |
| Tangible fixed assets | 22/27 | €4,519 | €2,384 | -€2,136 | -47.3% |
| Furniture and vehicles | 24 | €4,519 | €2,384 | -€2,136 | -47.3% |
| Current assets | 29/58 | €69,805 | €41,291 | -€28,514 | -40.8% |
| Amounts receivable within one year | 40/41 | €10,940 | €20,878 | +€9,938 | +90.8% |
| Trade receivables | 40 | €9,248 | €20,878 | +€11,630 | +125.8% |
| Other amounts receivable | 41 | €1,692 | €0 | -€1,692 | -100.0% |
| Current investments | 50/53 | €30,450 | €0 | -€30,450 | -100.0% |
| Cash at bank and in hand | 54/58 | €28,162 | €19,989 | -€8,173 | -29.0% |
| Deferred charges and accrued income | 490/1 | €253 | €424 | +€171 | +67.5% |
| Total equity and liabilities | 10/49 | €74,324 | €43,675 | -€30,649 | -41.2% |
| Equity | 10/15 | €61,235 | €5,000 | -€56,235 | -91.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €56,235 | €0 | -€56,235 | -100.0% |
| Distributable reserves | 133 | €56,235 | €0 | -€56,235 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,089 | €38,675 | +€25,585 | +195.5% |
| Amounts payable within one year | 42/48 | €13,089 | €38,675 | +€25,585 | +195.5% |
| Trade debts | 44 | €970 | €1,356 | +€387 | +39.9% |
| Suppliers | 440/4 | €970 | €1,356 | +€387 | +39.9% |
| Taxes, remuneration and social security | 45 | €2,587 | €9,368 | +€6,781 | +262.1% |
| Taxes | 450/3 | €2,587 | €9,368 | +€6,781 | +262.1% |
| Other amounts payable | 47/48 | €9,532 | €27,950 | +€18,418 | +193.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,887 | €2,136 | +€248 | +13.1% |
| Other operating charges | 640/8 | €1,103 | €1,129 | +€26 | +2.4% |
| Gross operating margin | 9900 | €18,873 | €30,564 | +€11,691 | +61.9% |
| Operating profit (loss) | 9901 | €15,883 | €27,300 | +€11,417 | +71.9% |
| Financial income | 75/76B | - | €7,198 | +€7,198 | |
| Recurring financial income | 75 | - | €7,198 | +€7,198 | |
| Financial charges | 65/66B | €69 | €526 | +€457 | +662.1% |
| Recurring financial charges | 65 | €69 | €526 | +€457 | +662.1% |
| Profit (loss) for the period before taxes | 9903 | €15,814 | €33,972 | +€18,158 | +114.8% |
| Income taxes | 67/77 | €4,365 | €8,002 | +€3,637 | +83.3% |
| Profit (loss) for the period | 9904 | €11,448 | €25,969 | +€14,521 | +126.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,448 | €25,969 | +€14,521 | +126.8% |
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.