GURPREET SINGH: 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.
GURPREET SINGH
Largest movements
- Cash +€20,432
up €20,432 (+644%), from €3,173 to €23,606
mainly Net result for the year (+€16,430) and Other debts (+€4,888)
- Tangible fixed assets -€1,960
down €1,960 (-15.4%), from €12,762 to €10,802
of which Plant, machinery and equipment: -€1,763
- Receivables within one year -€489
down €489 (-73.3%), from €667 to €178
- Profit (loss) carried forward +€8,870
no longer reported in 2025 (was -€8,870)
- Reserves +€7,560
new in 2025: €7,560
- Other debts +€4,888
up €4,888 (+30.8%), from €15,866 to €20,754
- Tax, wage and social debts -€2,279
down €2,279 (-34.7%), from €6,577 to €4,298
of which Remuneration and social security: -€4,800
- Trade debts -€812
down €812 (-87.9%), from €924 to €112
- Gross operating margin +€20,913
up €20,913 (+3,908%), from €535 to €21,448
- Taxes +€1,928
new in 2025: €1,928
- Other operating charges +€617
up €617 (+491%), from €126 to €743
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 | €16,997 | €35,224 | +€18,227 | +107% |
| Fixed assets | 21/28 | €12,762 | €10,802 | -€1,960 | -15.4% |
| Tangible fixed assets | 22/27 | €12,762 | €10,802 | -€1,960 | -15.4% |
| Plant, machinery and equipment | 23 | €12,028 | €10,265 | -€1,763 | -14.7% |
| Furniture and vehicles | 24 | €734 | €537 | -€197 | -26.8% |
| Current assets | 29/58 | €4,235 | €24,422 | +€20,187 | +477% |
| Stocks and contracts in progress | 3 | €300 | €300 | = | 0.0% |
| Stocks | 30/36 | €300 | €300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €667 | €178 | -€489 | -73.3% |
| Trade receivables | 40 | €667 | €178 | -€489 | -73.3% |
| Cash at bank and in hand | 54/58 | €3,173 | €23,606 | +€20,432 | +644% |
| Deferred charges and accrued income | 490/1 | €94 | €338 | +€244 | +259% |
| Total equity and liabilities | 10/49 | €16,997 | €35,224 | +€18,227 | +107% |
| Equity | 10/15 | -€6,370 | €10,060 | +€16,430 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €7,560 | +€7,560 | |
| Distributable reserves | 133 | - | €7,560 | +€7,560 | |
| Profit (loss) carried forward | 14 | -€8,870 | - | +€8,870 | |
| Amounts payable | 17/49 | €23,367 | €25,164 | +€1,797 | +7.7% |
| Amounts payable within one year | 42/48 | €23,367 | €25,164 | +€1,797 | +7.7% |
| Trade debts | 44 | €924 | €112 | -€812 | -87.9% |
| Suppliers | 440/4 | €924 | €112 | -€812 | -87.9% |
| Taxes, remuneration and social security | 45 | €6,577 | €4,298 | -€2,279 | -34.7% |
| Taxes | 450/3 | €1,777 | €4,298 | +€2,521 | +142% |
| Remuneration and social security | 454/9 | €4,800 | - | -€4,800 | |
| Other amounts payable | 47/48 | €15,866 | €20,754 | +€4,888 | +30.8% |
| Remuneration, social security and pensions | 62 | €37 | - | -€37 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,960 | €1,960 | = | 0.0% |
| Other operating charges | 640/8 | €126 | €743 | +€617 | +491% |
| Gross operating margin | 9900 | €535 | €21,448 | +€20,913 | +3,908% |
| Operating profit (loss) | 9901 | -€1,587 | €18,745 | +€20,333 | |
| Financial charges | 65/66B | €594 | €387 | -€207 | -34.8% |
| Recurring financial charges | 65 | €594 | €137 | -€457 | -76.9% |
| Non-recurring financial charges | 66B | - | €250 | +€250 | |
| Profit (loss) for the period before taxes | 9903 | -€2,181 | €18,358 | +€20,539 | |
| Income taxes | 67/77 | - | €1,928 | +€1,928 | |
| Profit (loss) for the period | 9904 | -€2,181 | €16,430 | +€18,611 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,181 | €16,430 | +€18,611 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.