GYP PRODUCTS: what changed
GYP PRODUCTS
Largest movements
- Stocks and contracts -€86,167
down €86,167 (-15.9%), from €540,786 to €454,619
- Receivables within one year +€20,492
up €20,492 (+12.8%), from €160,141 to €180,633
of which Trade receivables: +€19,014
- Tangible fixed assets -€19,160
down €19,160 (-33.7%), from €56,914 to €37,754
of which Furniture and vehicles: -€14,570
- Cash -€18,286
down €18,286 (-38.7%), from €47,213 to €28,927
- Intangible fixed assets -€18,121
down €18,121 (-41.8%), from €43,380 to €25,259
- Current portion of long-term debt -€52,145
down €52,145 (-73.5%), from €70,971 to €18,826
- Reserves +€51,309
up €51,309 (+70.8%), from €72,500 to €123,809
of which Distributable reserves: +€58,809
- Other debts -€41,992
down €41,992 (-46.7%), from €90,000 to €48,008
- Debts after one year -€38,020
down €38,020 (-83.1%), from €45,774 to €7,754
- Profit (loss) carried forward -€25,867
down €25,867 (-100%), from €25,867 to €0
- Staff costs +€79,169
up €79,169 (+78.3%), from €101,085 to €180,254
- Gross operating margin +€46,548
up €46,548 (+19.6%), from €237,747 to €284,296
- Depreciation +€7,642
up €7,642 (+25.8%), from €29,639 to €37,281
- Financial charges +€5,603
up €5,603 (+29.8%), from €18,817 to €24,420
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €853,284 | €729,730 | -€123,554 | -14.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €100,294 | €63,013 | -€37,281 | -37.2% |
| Intangible fixed assets | 21 | €43,380 | €25,259 | -€18,121 | -41.8% |
| Tangible fixed assets | 22/27 | €56,914 | €37,754 | -€19,160 | -33.7% |
| Plant, machinery and equipment | 23 | €15 | €0 | -€15 | -100% |
| Furniture and vehicles | 24 | €40,112 | €25,542 | -€14,570 | -36.3% |
| Other tangible fixed assets | 26 | €16,787 | €12,212 | -€4,575 | -27.3% |
| Current assets | 29/58 | €752,990 | €666,717 | -€86,274 | -11.5% |
| Stocks and contracts in progress | 3 | €540,786 | €454,619 | -€86,167 | -15.9% |
| Stocks | 30/36 | €540,786 | €454,619 | -€86,167 | -15.9% |
| Amounts receivable within one year | 40/41 | €160,141 | €180,633 | +€20,492 | +12.8% |
| Trade receivables | 40 | €158,370 | €177,385 | +€19,014 | +12.0% |
| Other amounts receivable | 41 | €1,771 | €3,249 | +€1,478 | +83.4% |
| Cash at bank and in hand | 54/58 | €47,213 | €28,927 | -€18,286 | -38.7% |
| Deferred charges and accrued income | 490/1 | €4,850 | €2,537 | -€2,313 | -47.7% |
| Total equity and liabilities | 10/49 | €853,284 | €729,730 | -€123,554 | -14.5% |
| Equity | 10/15 | €173,367 | €198,809 | +€25,442 | +14.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €72,500 | €123,809 | +€51,309 | +70.8% |
| Non-distributable reserves | 130/1 | €7,500 | €0 | -€7,500 | -100% |
| Reserves not available under the articles | 1311 | €7,500 | €0 | -€7,500 | -100% |
| Distributable reserves | 133 | €65,000 | €123,809 | +€58,809 | +90.5% |
| Profit (loss) carried forward | 14 | €25,867 | €0 | -€25,867 | -100% |
| Amounts payable | 17/49 | €679,917 | €530,921 | -€148,997 | -21.9% |
| Amounts payable after more than one year | 17 | €45,774 | €7,754 | -€38,020 | -83.1% |
| Financial debts | 170/4 | €45,774 | €7,754 | -€38,020 | -83.1% |
| Amounts payable within one year | 42/48 | €632,642 | €523,167 | -€109,475 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €70,971 | €18,826 | -€52,145 | -73.5% |
| Financial debts | 43 | €400,000 | €400,000 | = | 0.0% |
| Credit institutions | 430/8 | €400,000 | €400,000 | = | 0.0% |
| Trade debts | 44 | €37,379 | €19,353 | -€18,025 | -48.2% |
| Suppliers | 440/4 | €37,379 | €19,353 | -€18,025 | -48.2% |
| Taxes, remuneration and social security | 45 | €34,293 | €36,980 | +€2,687 | +7.8% |
| Taxes | 450/3 | €20,434 | €23,523 | +€3,088 | +15.1% |
| Remuneration and social security | 454/9 | €13,858 | €13,457 | -€401 | -2.9% |
| Other amounts payable | 47/48 | €90,000 | €48,008 | -€41,992 | -46.7% |
| Accrued charges and deferred income | 492/3 | €1,502 | €0 | -€1,502 | -100% |
| Remuneration, social security and pensions | 62 | €101,085 | €180,254 | +€79,169 | +78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,639 | €37,281 | +€7,642 | +25.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €261 | +€261 | |
| Other operating charges | 640/8 | €6,661 | €4,570 | -€2,090 | -31.4% |
| Gross operating margin | 9900 | €237,747 | €284,296 | +€46,548 | +19.6% |
| Operating profit (loss) | 9901 | €100,364 | €61,930 | -€38,433 | -38.3% |
| Financial income | 75/76B | €277 | €897 | +€620 | +224% |
| Recurring financial income | 75 | €277 | €897 | +€620 | +224% |
| Financial charges | 65/66B | €18,817 | €24,420 | +€5,603 | +29.8% |
| Recurring financial charges | 65 | €18,817 | €24,420 | +€5,603 | +29.8% |
| Profit (loss) for the period before taxes | 9903 | €81,823 | €38,408 | -€43,416 | -53.1% |
| Income taxes | 67/77 | €12,322 | €12,966 | +€644 | +5.2% |
| Profit (loss) for the period | 9904 | €69,501 | €25,442 | -€44,059 | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €69,501 | €25,442 | -€44,059 | -63.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.