GV SERVICES: 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.
GV SERVICES
Largest movements
- Cash -€2,286
down €2,286 (-4.9%), from €46,521 to €44,235
mainly Net result for the year (-€1,279) and Trade debts (-€692)
- Profit (loss) carried forward -€1,279
down €1,279 (-45.5%), from -€2,814 to -€4,094
- Trade debts -€692
down €692 (-75.9%), from €912 to €220
- Gross operating margin -€213
down €213 (-88.2%), from -€241 to -€454
- Purchases and services +€213
up €213 (+29.5%), from €721 to €934
- Other operating charges +€70
up €70 (+15.1%), from €459 to €529
- Financial charges +€51
up €51 (+37.8%), from €135 to €186
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 | €50,006 | €47,777 | -€2,229 | -4.5% |
| Fixed assets | 21/28 | €3,484 | €3,374 | -€111 | -3.2% |
| Tangible fixed assets | 22/27 | €3,484 | €3,374 | -€111 | -3.2% |
| Land and buildings | 22 | €3,484 | €3,374 | -€111 | -3.2% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €46,521 | €44,403 | -€2,119 | -4.6% |
| Amounts receivable within one year | 40/41 | - | €168 | +€168 | |
| Other amounts receivable | 41 | - | €168 | +€168 | |
| Cash at bank and in hand | 54/58 | €46,521 | €44,235 | -€2,286 | -4.9% |
| Total equity and liabilities | 10/49 | €50,006 | €47,777 | -€2,229 | -4.5% |
| Equity | 10/15 | €17,186 | €15,906 | -€1,279 | -7.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,814 | -€4,094 | -€1,279 | -45.5% |
| Amounts payable | 17/49 | €32,820 | €31,870 | -€950 | -2.9% |
| Amounts payable within one year | 42/48 | €32,820 | €31,870 | -€950 | -2.9% |
| Trade debts | 44 | €912 | €220 | -€692 | -75.9% |
| Suppliers | 440/4 | €912 | €220 | -€692 | -75.9% |
| Other amounts payable | 47/48 | €31,908 | €31,650 | -€258 | -0.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €721 | €934 | +€213 | +29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111 | €111 | = | 0.0% |
| Other operating charges | 640/8 | €459 | €529 | +€70 | +15.1% |
| Gross operating margin | 9900 | -€241 | -€454 | -€213 | -88.2% |
| Operating profit (loss) | 9901 | -€811 | -€1,094 | -€282 | -34.8% |
| Financial charges | 65/66B | €135 | €186 | +€51 | +37.8% |
| Recurring financial charges | 65 | €135 | €186 | +€51 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | -€946 | -€1,279 | -€333 | -35.2% |
| Profit (loss) for the period | 9904 | -€946 | -€1,279 | -€333 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€946 | -€1,279 | -€333 | -35.2% |
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.