GP2Design: 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.
GP2Design
Largest movements
- Receivables within one year -€75,449
down €75,449 (-97.3%), from €77,529 to €2,080
of which Trade receivables: -€74,057
- Cash +€18,746
up €18,746 (+13.7%), from €136,486 to €155,233
mainly Receivables within one year (+€75,449) and Depreciation (+€4,419)
- Tangible fixed assets +€8,078
up €8,078 (+102.9%), from €7,847 to €15,925
of which Furniture and vehicles: +€4,720
- Other debts -€16,769
down €16,769 (-28.1%), from €59,732 to €42,963
- Reserves -€16,579
down €16,579 (-11.5%), from €144,347 to €127,768
- Profit (loss) carried forward -€14,478
down €14,478, from €0 to -€14,478
- Gross operating margin -€67,081
down €67,081, from €46,575 to -€20,506
- Taxes -€10,615
down €10,615 (-95.5%), from €11,115 to €500
- Depreciation +€1,169
up €1,169 (+36.0%), from €3,250 to €4,419
- Financial charges -€963
down €963 (-18.2%), from €5,283 to €4,320
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.
Cash bridge derived
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 | €222,691 | €175,163 | -€47,528 | -21.3% |
| Fixed assets | 21/28 | €7,847 | €15,925 | +€8,078 | +102.9% |
| Tangible fixed assets | 22/27 | €7,847 | €15,925 | +€8,078 | +102.9% |
| Plant, machinery and equipment | 23 | - | €3,357 | +€3,357 | |
| Furniture and vehicles | 24 | €7,847 | €12,568 | +€4,720 | +60.2% |
| Current assets | 29/58 | €214,844 | €159,238 | -€55,606 | -25.9% |
| Amounts receivable within one year | 40/41 | €77,529 | €2,080 | -€75,449 | -97.3% |
| Trade receivables | 40 | €75,637 | €1,580 | -€74,057 | -97.9% |
| Other amounts receivable | 41 | €1,892 | €500 | -€1,392 | -73.6% |
| Cash at bank and in hand | 54/58 | €136,486 | €155,233 | +€18,746 | +13.7% |
| Deferred charges and accrued income | 490/1 | €829 | €1,926 | +€1,097 | +132.2% |
| Total equity and liabilities | 10/49 | €222,691 | €175,163 | -€47,528 | -21.3% |
| Equity | 10/15 | €156,747 | €125,690 | -€31,057 | -19.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €144,347 | €127,768 | -€16,579 | -11.5% |
| Distributable reserves | 133 | €144,347 | €127,768 | -€16,579 | -11.5% |
| Profit (loss) carried forward | 14 | €0 | -€14,478 | -€14,478 | |
| Amounts payable | 17/49 | €65,944 | €49,473 | -€16,471 | -25.0% |
| Amounts payable within one year | 42/48 | €62,546 | €46,928 | -€15,618 | -25.0% |
| Trade debts | 44 | €270 | €2,183 | +€1,913 | +708.4% |
| Suppliers | 440/4 | €270 | €2,183 | +€1,913 | +708.4% |
| Taxes, remuneration and social security | 45 | €2,544 | €1,782 | -€762 | -30.0% |
| Taxes | 450/3 | €2,544 | €1,782 | -€762 | -30.0% |
| Other amounts payable | 47/48 | €59,732 | €42,963 | -€16,769 | -28.1% |
| Accrued charges and deferred income | 492/3 | €3,398 | €2,545 | -€853 | -25.1% |
| Non-recurring operating income | 76A | - | €8,500 | +€8,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,250 | €4,419 | +€1,169 | +36.0% |
| Other operating charges | 640/8 | €1,401 | €1,312 | -€88 | -6.3% |
| Gross operating margin | 9900 | €46,575 | -€20,506 | -€67,081 | |
| Operating profit (loss) | 9901 | €41,925 | -€26,237 | -€68,162 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €5,283 | €4,320 | -€963 | -18.2% |
| Recurring financial charges | 65 | €5,283 | €4,320 | -€963 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €36,642 | -€30,557 | -€67,199 | |
| Income taxes | 67/77 | €11,115 | €500 | -€10,615 | -95.5% |
| Profit (loss) for the period | 9904 | €25,527 | -€31,057 | -€56,584 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,527 | -€31,057 | -€56,584 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.