GP CLASSICS: what changed
Two fiscal 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.
GP CLASSICS
Largest movements
- Tangible fixed assets +€29,622
up €29,622 (+1544.8%), from €1,917 to €31,540
of which Furniture and vehicles: +€28,397
- Cash -€16,943
down €16,943 (-27.2%), from €62,261 to €45,318
mainly Investment in fixed assets (net) (-€33,097) and Tax, wage and social debts (-€9,830)
- Receivables within one year +€9,299
up €9,299 (+50.2%), from €18,509 to €27,808
of which Trade receivables: +€5,403
- Debts after one year +€24,771
new in 2024: €24,771
- Tax, wage and social debts -€9,830
down €9,830 (-64.6%), from €15,228 to €5,398
- Current portion of long-term debt +€5,821
new in 2024: €5,821
- Trade debts +€2,774
up €2,774 (+78.0%), from €3,555 to €6,328
- Advances received -€2,627
down €2,627 (-15.5%), from €16,927 to €14,299
- Gross operating margin -€19,085
down €19,085 (-75.4%), from €25,324 to €6,239
- Taxes -€1,858
no longer reported in 2024 (was €1,858)
- Depreciation +€1,488
up €1,488 (+71.4%), from €2,084 to €3,573
- Other operating charges +€884
up €884 (+97.5%), from €907 to €1,791
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,784 | €107,768 | +€21,983 | +25.6% |
| Formation expenses | 20 | €97 | - | -€97 | |
| Fixed assets | 21/28 | €1,917 | €31,540 | +€29,622 | +1544.8% |
| Tangible fixed assets | 22/27 | €1,917 | €31,540 | +€29,622 | +1544.8% |
| Plant, machinery and equipment | 23 | €81 | €1,386 | +€1,305 | +1618.0% |
| Furniture and vehicles | 24 | €1,757 | €30,154 | +€28,397 | +1615.9% |
| Other tangible fixed assets | 26 | €80 | - | -€80 | |
| Current assets | 29/58 | €83,770 | €76,228 | -€7,542 | -9.0% |
| Stocks and contracts in progress | 3 | €3,000 | €2,782 | -€218 | -7.3% |
| Stocks | 30/36 | €3,000 | €2,782 | -€218 | -7.3% |
| Amounts receivable within one year | 40/41 | €18,509 | €27,808 | +€9,299 | +50.2% |
| Trade receivables | 40 | €16,531 | €21,934 | +€5,403 | +32.7% |
| Other amounts receivable | 41 | €1,978 | €5,874 | +€3,896 | +197.0% |
| Cash at bank and in hand | 54/58 | €62,261 | €45,318 | -€16,943 | -27.2% |
| Deferred charges and accrued income | 490/1 | - | €320 | +€320 | |
| Total equity and liabilities | 10/49 | €85,784 | €107,768 | +€21,983 | +25.6% |
| Equity | 10/15 | €41,165 | €41,584 | +€420 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,965 | €35,384 | +€420 | +1.2% |
| Distributable reserves | 133 | €34,965 | €35,384 | +€420 | +1.2% |
| Amounts payable | 17/49 | €44,620 | €66,183 | +€21,564 | +48.3% |
| Amounts payable after more than one year | 17 | - | €24,771 | +€24,771 | |
| Financial debts | 170/4 | - | €24,771 | +€24,771 | |
| Amounts payable within one year | 42/48 | €44,546 | €41,412 | -€3,134 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | - | €5,821 | +€5,821 | |
| Trade debts | 44 | €3,555 | €6,328 | +€2,774 | +78.0% |
| Suppliers | 440/4 | €3,555 | €6,328 | +€2,774 | +78.0% |
| Advances received on contracts in progress | 46 | €16,927 | €14,299 | -€2,627 | -15.5% |
| Taxes, remuneration and social security | 45 | €15,228 | €5,398 | -€9,830 | -64.6% |
| Taxes | 450/3 | €15,228 | €5,398 | -€9,830 | -64.6% |
| Other amounts payable | 47/48 | €8,837 | €9,565 | +€729 | +8.2% |
| Accrued charges and deferred income | 492/3 | €73 | - | -€73 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,084 | €3,573 | +€1,488 | +71.4% |
| Other operating charges | 640/8 | €907 | €1,791 | +€884 | +97.5% |
| Non-recurring operating charges | 66A | €7,491 | - | -€7,491 | |
| Gross operating margin | 9900 | €25,324 | €6,239 | -€19,085 | -75.4% |
| Operating profit (loss) | 9901 | €14,842 | €876 | -€13,966 | -94.1% |
| Financial income | 75/76B | €39 | €115 | +€76 | +194.5% |
| Recurring financial income | 75 | €39 | €115 | +€76 | +194.5% |
| Financial charges | 65/66B | €365 | €571 | +€207 | +56.6% |
| Recurring financial charges | 65 | €365 | €571 | +€207 | +56.6% |
| Profit (loss) for the period before taxes | 9903 | €14,516 | €420 | -€14,097 | -97.1% |
| Income taxes | 67/77 | €1,858 | - | -€1,858 | |
| Profit (loss) for the period | 9904 | €12,659 | €420 | -€12,239 | -96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,659 | €420 | -€12,239 | -96.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.