GDR Creative Agency: 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.
GDR Creative Agency
Largest movements
- Cash -€2,408
down €2,408 (-54.6%), from €4,407 to €1,999
mainly Investment in fixed assets (net) (-€3,000) and Tax, wage and social debts (-€2,881)
- Tangible fixed assets +€1,846
up €1,846 (+129%), from €1,429 to €3,276
- Deferred charges and accrued income +€813
new in 2025: €813
- Other debts +€5,330
up €5,330 (+2,665%), from €200 to €5,530
- Tax, wage and social debts -€2,881
down €2,881 (-85.6%), from €3,367 to €486
of which Remuneration and social security: -€2,034
- Profit (loss) carried forward -€2,101
down €2,101, from €695 to -€1,406
- Gross operating margin +€3,786
up €3,786, from -€270 to €3,516
- Other operating charges +€3,406
up €3,406 (+854%), from €399 to €3,805
- Financial charges +€622
up €622 (+1,725%), from €36 to €659
- Depreciation +€316
up €316 (+37.8%), from €837 to €1,154
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 | €7,630 | €7,954 | +€324 | +4.2% |
| Fixed assets | 21/28 | €1,429 | €3,276 | +€1,846 | +129% |
| Tangible fixed assets | 22/27 | €1,429 | €3,276 | +€1,846 | +129% |
| Furniture and vehicles | 24 | €1,429 | €3,276 | +€1,846 | +129% |
| Current assets | 29/58 | €6,201 | €4,678 | -€1,523 | -24.6% |
| Amounts receivable within one year | 40/41 | €1,794 | €1,866 | +€73 | +4.0% |
| Trade receivables | 40 | €1,794 | €1,866 | +€73 | +4.0% |
| Cash at bank and in hand | 54/58 | €4,407 | €1,999 | -€2,408 | -54.6% |
| Deferred charges and accrued income | 490/1 | - | €813 | +€813 | |
| Total equity and liabilities | 10/49 | €7,630 | €7,954 | +€324 | +4.2% |
| Equity | 10/15 | €3,695 | €1,594 | -€2,101 | -56.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €695 | -€1,406 | -€2,101 | |
| Amounts payable | 17/49 | €3,936 | €6,360 | +€2,424 | +61.6% |
| Amounts payable within one year | 42/48 | €3,936 | €6,360 | +€2,424 | +61.6% |
| Trade debts | 44 | €368 | €343 | -€25 | -6.8% |
| Suppliers | 440/4 | €368 | €343 | -€25 | -6.8% |
| Taxes, remuneration and social security | 45 | €3,367 | €486 | -€2,881 | -85.6% |
| Taxes | 450/3 | €1,333 | €486 | -€847 | -63.5% |
| Remuneration and social security | 454/9 | €2,034 | - | -€2,034 | |
| Other amounts payable | 47/48 | €200 | €5,530 | +€5,330 | +2,665% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €837 | €1,154 | +€316 | +37.8% |
| Other operating charges | 640/8 | €399 | €3,805 | +€3,406 | +854% |
| Gross operating margin | 9900 | -€270 | €3,516 | +€3,786 | |
| Operating profit (loss) | 9901 | -€1,506 | -€1,442 | +€64 | +4.2% |
| Financial charges | 65/66B | €36 | €659 | +€622 | +1,725% |
| Recurring financial charges | 65 | €36 | €659 | +€622 | +1,725% |
| Profit (loss) for the period before taxes | 9903 | -€1,542 | -€2,101 | -€559 | -36.2% |
| Profit (loss) for the period | 9904 | -€1,542 | -€2,101 | -€559 | -36.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,542 | -€2,101 | -€559 | -36.2% |
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 28 October 2026 via checked.be.