GYPSUM: 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.
GYPSUM
Largest movements
- Cash +€24,652
up €24,652 (+93.2%), from €26,439 to €51,092
mainly Receivables within one year (+€14,229) and Depreciation (+€8,609)
- Receivables within one year -€14,229
down €14,229 (-65.6%), from €21,704 to €7,476
of which Trade receivables: -€14,257
- Tangible fixed assets -€8,609
down €8,609 (-26.4%), from €32,579 to €23,970
of which Leasing and similar rights: -€6,625
- Stocks and contracts -€3,908
down €3,908 (-75.3%), from €5,189 to €1,281
- Reserves +€7,187
up €7,187 (+37.3%), from €19,283 to €26,470
- Trade debts -€5,856
down €5,856 (-55.5%), from €10,560 to €4,704
- Debts after one year -€4,751
down €4,751 (-33.8%), from €14,063 to €9,312
- Other debts +€1,526
up €1,526 (+19.7%), from €7,733 to €9,259
- Gross operating margin -€1,851
down €1,851 (-8.2%), from €22,456 to €20,606
- Taxes -€635
down €635 (-20.4%), from €3,107 to €2,473
- Financial charges -€353
down €353 (-28.5%), from €1,241 to €888
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 | €88,100 | €86,377 | -€1,723 | -2.0% |
| Fixed assets | 21/28 | €32,579 | €23,970 | -€8,609 | -26.4% |
| Tangible fixed assets | 22/27 | €32,579 | €23,970 | -€8,609 | -26.4% |
| Plant, machinery and equipment | 23 | €7,151 | €5,167 | -€1,984 | -27.7% |
| Leasing and similar rights | 25 | €25,428 | €18,803 | -€6,625 | -26.1% |
| Current assets | 29/58 | €55,521 | €62,407 | +€6,886 | +12.4% |
| Stocks and contracts in progress | 3 | €5,189 | €1,281 | -€3,908 | -75.3% |
| Stocks | 30/36 | €5,189 | €1,281 | -€3,908 | -75.3% |
| Amounts receivable within one year | 40/41 | €21,704 | €7,476 | -€14,229 | -65.6% |
| Trade receivables | 40 | €21,704 | €7,448 | -€14,257 | -65.7% |
| Other amounts receivable | 41 | €0 | €28 | +€28 | |
| Cash at bank and in hand | 54/58 | €26,439 | €51,092 | +€24,652 | +93.2% |
| Deferred charges and accrued income | 490/1 | €2,188 | €2,558 | +€370 | +16.9% |
| Total equity and liabilities | 10/49 | €88,100 | €86,377 | -€1,723 | -2.0% |
| Equity | 10/15 | €31,683 | €38,870 | +€7,187 | +22.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,283 | €26,470 | +€7,187 | +37.3% |
| Distributable reserves | 133 | €19,283 | €26,470 | +€7,187 | +37.3% |
| Provisions and deferred taxes | 16 | €15,856 | €15,856 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,856 | €15,856 | = | 0.0% |
| Pensions and similar obligations | 160 | €15,856 | €15,856 | = | 0.0% |
| Amounts payable | 17/49 | €40,561 | €31,652 | -€8,910 | -22.0% |
| Amounts payable after more than one year | 17 | €14,063 | €9,312 | -€4,751 | -33.8% |
| Financial debts | 170/4 | €14,063 | €9,312 | -€4,751 | -33.8% |
| Amounts payable within one year | 42/48 | €26,499 | €22,149 | -€4,349 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €4,507 | €4,741 | +€234 | +5.2% |
| Trade debts | 44 | €10,560 | €4,704 | -€5,856 | -55.5% |
| Suppliers | 440/4 | €10,560 | €4,704 | -€5,856 | -55.5% |
| Taxes, remuneration and social security | 45 | €3,700 | €3,445 | -€255 | -6.9% |
| Taxes | 450/3 | €2,000 | €3,445 | +€1,445 | +72.3% |
| Remuneration and social security | 454/9 | €1,700 | €0 | -€1,700 | -100% |
| Other amounts payable | 47/48 | €7,733 | €9,259 | +€1,526 | +19.7% |
| Accrued charges and deferred income | 492/3 | - | €191 | +€191 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,609 | €8,609 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,354 | €1,454 | +€100 | +7.4% |
| Gross operating margin | 9900 | €22,456 | €20,606 | -€1,851 | -8.2% |
| Operating profit (loss) | 9901 | €12,494 | €10,543 | -€1,951 | -15.6% |
| Financial income | 75/76B | €12 | €4 | -€8 | -65.3% |
| Recurring financial income | 75 | €12 | €4 | -€8 | -65.3% |
| Financial charges | 65/66B | €1,241 | €888 | -€353 | -28.5% |
| Recurring financial charges | 65 | €1,241 | €888 | -€353 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €11,265 | €9,660 | -€1,606 | -14.3% |
| Income taxes | 67/77 | €3,107 | €2,473 | -€635 | -20.4% |
| Profit (loss) for the period | 9904 | €8,158 | €7,187 | -€971 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,158 | €7,187 | -€971 | -11.9% |
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 23 October 2026 via checked.be.