GVR Solutions: 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.
GVR Solutions
Largest movements
- Tangible fixed assets +€46,692
up €46,692 (+694.3%), from €6,725 to €53,417
of which Leasing and similar rights: +€47,259
- Receivables within one year -€16,711
down €16,711 (-28.3%), from €58,995 to €42,284
of which Other amounts receivable: -€8,688
- Debts after one year +€22,987
new in 2025: €22,987
- Current portion of long-term debt +€15,971
new in 2025: €15,971
- Other debts -€12,332
down €12,332 (-22.2%), from €55,649 to €43,317
- Tax, wage and social debts +€3,831
up €3,831 (+383.1%), from €1,000 to €4,831
of which Remuneration and social security: +€2,000
- Depreciation +€8,322
up €8,322 (+201.8%), from €4,124 to €12,447
- Gross operating margin -€7,831
down €7,831 (-29.1%), from €26,907 to €19,076
- Taxes -€3,666
down €3,666 (-71.0%), from €5,166 to €1,500
- Other operating charges +€2,502
up €2,502 (+318.7%), from €785 to €3,287
- Financial charges +€1,587
up €1,587 (+1546.6%), from €103 to €1,690
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 | €150,638 | €180,648 | +€30,010 | +19.9% |
| Fixed assets | 21/28 | €6,725 | €53,417 | +€46,692 | +694.3% |
| Tangible fixed assets | 22/27 | €6,725 | €53,417 | +€46,692 | +694.3% |
| Plant, machinery and equipment | 23 | €4,161 | €3,292 | -€869 | -20.9% |
| Furniture and vehicles | 24 | €2,564 | €2,867 | +€302 | +11.8% |
| Leasing and similar rights | 25 | - | €47,259 | +€47,259 | |
| Current assets | 29/58 | €143,912 | €127,230 | -€16,682 | -11.6% |
| Amounts receivable within one year | 40/41 | €58,995 | €42,284 | -€16,711 | -28.3% |
| Trade receivables | 40 | €50,307 | €42,284 | -€8,023 | -15.9% |
| Other amounts receivable | 41 | €8,688 | - | -€8,688 | |
| Cash at bank and in hand | 54/58 | €82,606 | €82,709 | +€103 | +0.1% |
| Deferred charges and accrued income | 490/1 | €2,310 | €2,237 | -€73 | -3.2% |
| Total equity and liabilities | 10/49 | €150,638 | €180,648 | +€30,010 | +19.9% |
| Equity | 10/15 | €73,295 | €73,448 | +€153 | +0.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,295 | €68,448 | +€153 | +0.2% |
| Amounts payable | 17/49 | €77,343 | €107,200 | +€29,857 | +38.6% |
| Amounts payable after more than one year | 17 | - | €22,987 | +€22,987 | |
| Financial debts | 170/4 | - | €22,987 | +€22,987 | |
| Amounts payable within one year | 42/48 | €77,343 | €84,213 | +€6,870 | +8.9% |
| Current portion of amounts payable after more than one year | 42 | - | €15,971 | +€15,971 | |
| Trade debts | 44 | €20,694 | €20,094 | -€600 | -2.9% |
| Suppliers | 440/4 | €20,694 | €20,094 | -€600 | -2.9% |
| Taxes, remuneration and social security | 45 | €1,000 | €4,831 | +€3,831 | +383.1% |
| Taxes | 450/3 | €1,000 | €2,831 | +€1,831 | +183.1% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €55,649 | €43,317 | -€12,332 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,124 | €12,447 | +€8,322 | +201.8% |
| Other operating charges | 640/8 | €785 | €3,287 | +€2,502 | +318.7% |
| Gross operating margin | 9900 | €26,907 | €19,076 | -€7,831 | -29.1% |
| Operating profit (loss) | 9901 | €21,998 | €3,343 | -€18,655 | -84.8% |
| Financial charges | 65/66B | €103 | €1,690 | +€1,587 | +1546.6% |
| Recurring financial charges | 65 | €103 | €1,690 | +€1,587 | +1546.6% |
| Profit (loss) for the period before taxes | 9903 | €21,895 | €1,653 | -€20,242 | -92.5% |
| Income taxes | 67/77 | €5,166 | €1,500 | -€3,666 | -71.0% |
| Profit (loss) for the period | 9904 | €16,729 | €153 | -€16,576 | -99.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,729 | €153 | -€16,576 | -99.1% |
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 9 October 2026 via checked.be.