GP Creative: 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.
GP Creative
Largest movements
- Receivables within one year +€46,798
up €46,798 (+67.4%), from €69,386 to €116,184
of which Trade receivables: +€38,449
- Cash -€20,998
down €20,998 (-63.7%), from €32,967 to €11,969
mainly Receivables within one year (-€46,798) and Tax, wage and social debts (-€8,754)
- Other debts +€29,941
up €29,941 (+133%), from €22,479 to €52,420
- Tax, wage and social debts -€8,754
down €8,754 (-59.4%), from €14,747 to €5,994
of which Remuneration and social security: -€8,888
- Reserves +€2,567
up €2,567 (+3.8%), from €66,758 to €69,325
- Trade debts +€1,455
up €1,455 (+52.9%), from €2,752 to €4,207
- Gross operating margin -€39,462
down €39,462 (-84.1%), from €46,898 to €7,436
- Taxes -€7,898
down €7,898 (-84.1%), from €9,393 to €1,495
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 | €109,737 | €134,946 | +€25,209 | +23.0% |
| Fixed assets | 21/28 | €7,384 | €6,793 | -€591 | -8.0% |
| Tangible fixed assets | 22/27 | €7,384 | €6,793 | -€591 | -8.0% |
| Plant, machinery and equipment | 23 | €2,590 | €1,870 | -€720 | -27.8% |
| Furniture and vehicles | 24 | €2,140 | €2,548 | +€408 | +19.0% |
| Other tangible fixed assets | 26 | €2,654 | €2,375 | -€278 | -10.5% |
| Current assets | 29/58 | €102,353 | €128,153 | +€25,800 | +25.2% |
| Amounts receivable within one year | 40/41 | €69,386 | €116,184 | +€46,798 | +67.4% |
| Trade receivables | 40 | €68,661 | €107,110 | +€38,449 | +56.0% |
| Other amounts receivable | 41 | €726 | €9,075 | +€8,349 | +1,151% |
| Cash at bank and in hand | 54/58 | €32,967 | €11,969 | -€20,998 | -63.7% |
| Total equity and liabilities | 10/49 | €109,737 | €134,946 | +€25,209 | +23.0% |
| Equity | 10/15 | €69,758 | €72,325 | +€2,567 | +3.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €66,758 | €69,325 | +€2,567 | +3.8% |
| Distributable reserves | 133 | €66,758 | €69,325 | +€2,567 | +3.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €39,979 | €62,621 | +€22,642 | +56.6% |
| Amounts payable within one year | 42/48 | €39,979 | €62,621 | +€22,642 | +56.6% |
| Trade debts | 44 | €2,752 | €4,207 | +€1,455 | +52.9% |
| Suppliers | 440/4 | €2,752 | €4,207 | +€1,455 | +52.9% |
| Taxes, remuneration and social security | 45 | €14,747 | €5,994 | -€8,754 | -59.4% |
| Taxes | 450/3 | €5,860 | €5,994 | +€134 | +2.3% |
| Remuneration and social security | 454/9 | €8,888 | €0 | -€8,888 | -100% |
| Other amounts payable | 47/48 | €22,479 | €52,420 | +€29,941 | +133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,607 | €1,829 | +€222 | +13.8% |
| Other operating charges | 640/8 | €505 | €583 | +€78 | +15.4% |
| Gross operating margin | 9900 | €46,898 | €7,436 | -€39,462 | -84.1% |
| Operating profit (loss) | 9901 | €44,786 | €5,023 | -€39,762 | -88.8% |
| Financial income | 75/76B | - | €107 | +€107 | |
| Recurring financial income | 75 | - | €107 | +€107 | |
| Financial charges | 65/66B | €271 | €235 | -€35 | -13.1% |
| Recurring financial charges | 65 | €271 | €235 | -€35 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €44,515 | €4,896 | -€39,619 | -89.0% |
| Income taxes | 67/77 | €9,393 | €1,495 | -€7,898 | -84.1% |
| Profit (loss) for the period | 9904 | €35,122 | €3,400 | -€31,722 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,122 | €3,400 | -€31,722 | -90.3% |
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.