G.T. CREATIONS: 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.
G.T. CREATIONS
Largest movements
- Receivables within one year +€1,605
up €1,605 (+3,060%), from €52 to €1,658
of which Trade receivables: +€1,605
- Tangible fixed assets -€950
down €950 (-47.2%), from €2,013 to €1,063
of which Furniture and vehicles: -€944
- Cash -€159
down €159 (-4.8%), from €3,337 to €3,178
mainly Net result for the year (-€7,248) and Receivables within one year (-€1,605)
- Profit (loss) carried forward -€7,248
down €7,248 (-17.4%), from -€41,768 to -€49,016
- Other debts +€6,216
up €6,216 (+20.8%), from €29,933 to €36,148
- Trade debts +€1,446
up €1,446, from €0 to €1,446
- Gross operating margin +€7,295
up €7,295 (+54.1%), from -€13,494 to -€6,199
- Write-downs -€2,142
down €2,142 (-100%), from €2,142 to €0
- Depreciation -€371
down €371 (-28.1%), from €1,321 to €950
- Financial income +€239
up €239 (+501%), from €48 to €287
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 | €8,986 | €9,489 | +€503 | +5.6% |
| Fixed assets | 21/28 | €2,013 | €1,063 | -€950 | -47.2% |
| Tangible fixed assets | 22/27 | €2,013 | €1,063 | -€950 | -47.2% |
| Plant, machinery and equipment | 23 | €6 | €0 | -€6 | -100% |
| Furniture and vehicles | 24 | €2,007 | €1,063 | -€944 | -47.0% |
| Current assets | 29/58 | €6,973 | €8,426 | +€1,452 | +20.8% |
| Stocks and contracts in progress | 3 | €3,500 | €3,500 | = | 0.0% |
| Stocks | 30/36 | €3,500 | €3,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €52 | €1,658 | +€1,605 | +3,060% |
| Trade receivables | 40 | €52 | €1,658 | +€1,605 | +3,060% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,337 | €3,178 | -€159 | -4.8% |
| Deferred charges and accrued income | 490/1 | €84 | €90 | +€6 | +6.7% |
| Total equity and liabilities | 10/49 | €8,986 | €9,489 | +€503 | +5.6% |
| Equity | 10/15 | -€21,084 | -€28,332 | -€7,248 | -34.4% |
| Contributions | 10/11 | €18,800 | €18,800 | = | 0.0% |
| Reserves | 13 | €1,884 | €1,884 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,884 | €1,884 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,884 | €1,884 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,768 | -€49,016 | -€7,248 | -17.4% |
| Amounts payable | 17/49 | €30,070 | €37,821 | +€7,751 | +25.8% |
| Amounts payable within one year | 42/48 | €30,070 | €37,821 | +€7,751 | +25.8% |
| Trade debts | 44 | €0 | €1,446 | +€1,446 | |
| Suppliers | 440/4 | €0 | €1,446 | +€1,446 | |
| Taxes, remuneration and social security | 45 | €138 | €226 | +€89 | +64.6% |
| Taxes | 450/3 | €138 | €226 | +€89 | +64.6% |
| Other amounts payable | 47/48 | €29,933 | €36,148 | +€6,216 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,321 | €950 | -€371 | -28.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,142 | €0 | -€2,142 | -100% |
| Other operating charges | 640/8 | €303 | €309 | +€6 | +1.9% |
| Gross operating margin | 9900 | -€13,494 | -€6,199 | +€7,295 | +54.1% |
| Operating profit (loss) | 9901 | -€17,260 | -€7,458 | +€9,802 | +56.8% |
| Financial income | 75/76B | €48 | €287 | +€239 | +501% |
| Recurring financial income | 75 | €48 | €287 | +€239 | +501% |
| Financial charges | 65/66B | €162 | €77 | -€85 | -52.4% |
| Recurring financial charges | 65 | €162 | €77 | -€85 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,374 | -€7,248 | +€10,126 | +58.3% |
| Profit (loss) for the period | 9904 | -€17,374 | -€7,248 | +€10,126 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,374 | -€7,248 | +€10,126 | +58.3% |
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 23 October 2026 via checked.be.