GxP Center: 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.
GxP Center
Largest movements
- Cash -€30,428
down €30,428 (-17.2%), from €177,365 to €146,937
mainly Contributions, distributions and other (-€215,000) and Receivables within one year (-€9,931)
- Tangible fixed assets -€21,554
down €21,554 (-11.8%), from €182,470 to €160,916
of which Other tangible fixed assets: -€20,888
- Receivables within one year +€9,931
up €9,931 (+69.4%), from €14,300 to €24,231
of which Trade receivables: +€10,074
- Reserves -€221,783
down €221,783 (-69.4%), from €319,776 to €97,994
- Other debts +€181,425
up €181,425 (+1,538%), from €11,794 to €193,219
- Trade debts -€4,298
down €4,298 (-57.0%), from €7,544 to €3,246
- Turnover +€71,576
up €71,576 (+93.7%), from €76,375 to €147,951
- Staff costs +€38,348
up €38,348 (+80.7%), from €47,497 to €85,846
- Gross operating margin +€12,824
up €12,824 (+14.6%), from €88,063 to €100,886
- Purchases and services +€12,738
up €12,738 (+36.5%), from €34,865 to €47,603
- Depreciation +€10,488
up €10,488 (+94.8%), from €11,067 to €21,554
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 | €374,440 | €332,084 | -€42,356 | -11.3% |
| Fixed assets | 21/28 | €182,470 | €160,916 | -€21,554 | -11.8% |
| Tangible fixed assets | 22/27 | €182,470 | €160,916 | -€21,554 | -11.8% |
| Plant, machinery and equipment | 23 | €1,779 | €1,112 | -€666 | -37.5% |
| Other tangible fixed assets | 26 | €180,691 | €159,803 | -€20,888 | -11.6% |
| Current assets | 29/58 | €191,971 | €171,169 | -€20,802 | -10.8% |
| Amounts receivable within one year | 40/41 | €14,300 | €24,231 | +€9,931 | +69.4% |
| Trade receivables | 40 | €14,157 | €24,231 | +€10,074 | +71.2% |
| Other amounts receivable | 41 | €143 | €0 | -€143 | -100% |
| Cash at bank and in hand | 54/58 | €177,365 | €146,937 | -€30,428 | -17.2% |
| Deferred charges and accrued income | 490/1 | €305 | €0 | -€305 | -100% |
| Total equity and liabilities | 10/49 | €374,440 | €332,084 | -€42,356 | -11.3% |
| Equity | 10/15 | €338,376 | €116,594 | -€221,783 | -65.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €319,776 | €97,994 | -€221,783 | -69.4% |
| Distributable reserves | 133 | €319,776 | €97,994 | -€221,783 | -69.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €36,064 | €215,491 | +€179,427 | +498% |
| Amounts payable within one year | 42/48 | €36,064 | €215,491 | +€179,427 | +498% |
| Trade debts | 44 | €7,544 | €3,246 | -€4,298 | -57.0% |
| Suppliers | 440/4 | €7,544 | €3,246 | -€4,298 | -57.0% |
| Taxes, remuneration and social security | 45 | €16,726 | €19,025 | +€2,299 | +13.7% |
| Taxes | 450/3 | €11,594 | €8,363 | -€3,231 | -27.9% |
| Remuneration and social security | 454/9 | €5,132 | €10,663 | +€5,530 | +108% |
| Other amounts payable | 47/48 | €11,794 | €193,219 | +€181,425 | +1,538% |
| Turnover | 70 | €76,375 | €147,951 | +€71,576 | +93.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €34,865 | €47,603 | +€12,738 | +36.5% |
| Remuneration, social security and pensions | 62 | €47,497 | €85,846 | +€38,348 | +80.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,067 | €21,554 | +€10,488 | +94.8% |
| Other operating charges | 640/8 | €599 | €120 | -€479 | -80.0% |
| Gross operating margin | 9900 | €88,063 | €100,886 | +€12,824 | +14.6% |
| Operating profit (loss) | 9901 | €28,900 | -€6,633 | -€35,533 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,953 | €150 | -€2,803 | -94.9% |
| Recurring financial charges | 65 | €2,953 | €150 | -€2,803 | -94.9% |
| Profit (loss) for the period before taxes | 9903 | €25,947 | -€6,783 | -€32,729 | |
| Income taxes | 67/77 | €80 | €0 | -€80 | -100% |
| Profit (loss) for the period | 9904 | €25,867 | -€6,783 | -€32,650 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,867 | -€6,783 | -€32,650 |
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 17 October 2026 via checked.be.