BOUWONDERNEMING G & K: 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.
BOUWONDERNEMING G & K
Largest movements
- Cash +€56,982
up €56,982 (+344%), from €16,578 to €73,560
mainly Trade debts (+€70,779) and Tax, wage and social debts (+€18,839)
- Receivables within one year +€15,940
up €15,940 (+23.4%), from €68,026 to €83,966
of which Other amounts receivable: +€24,005
- Tangible fixed assets -€1,641
down €1,641 (-48.8%), from €3,364 to €1,723
of which Furniture and vehicles: -€1,327
- Trade debts +€70,779
up €70,779 (+208%), from €34,021 to €104,801
- Tax, wage and social debts +€18,839
up €18,839 (+272%), from €6,923 to €25,762
of which Taxes: +€16,065
- Profit (loss) carried forward -€13,096
down €13,096 (-39.0%), from €33,574 to €20,478
- Current portion of long-term debt -€2,948
down €2,948 (-58.0%), from €5,084 to €2,136
- Debts after one year -€2,136
no longer reported in 2025 (was €2,136)
- Staff costs +€59,108
up €59,108 (+56.6%), from €104,443 to €163,551
- Gross operating margin +€16,592
up €16,592 (+11.6%), from €143,214 to €159,806
- Taxes -€4,015
down €4,015 (-89.4%), from €4,491 to €476
- Depreciation -€2,442
down €2,442 (-59.8%), from €4,084 to €1,641
- Financial income +€1,687
up €1,687 (+223%), from €756 to €2,443
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 | €89,798 | €161,237 | +€71,439 | +79.6% |
| Fixed assets | 21/28 | €3,364 | €1,723 | -€1,641 | -48.8% |
| Tangible fixed assets | 22/27 | €3,364 | €1,723 | -€1,641 | -48.8% |
| Plant, machinery and equipment | 23 | €314 | - | -€314 | |
| Furniture and vehicles | 24 | €3,049 | €1,723 | -€1,327 | -43.5% |
| Current assets | 29/58 | €86,434 | €159,514 | +€73,080 | +84.5% |
| Amounts receivable within one year | 40/41 | €68,026 | €83,966 | +€15,940 | +23.4% |
| Trade receivables | 40 | €45,273 | €37,209 | -€8,064 | -17.8% |
| Other amounts receivable | 41 | €22,753 | €46,758 | +€24,005 | +106% |
| Cash at bank and in hand | 54/58 | €16,578 | €73,560 | +€56,982 | +344% |
| Deferred charges and accrued income | 490/1 | €1,830 | €1,988 | +€158 | +8.6% |
| Total equity and liabilities | 10/49 | €89,798 | €161,237 | +€71,439 | +79.6% |
| Equity | 10/15 | €41,634 | €28,538 | -€13,096 | -31.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,574 | €20,478 | -€13,096 | -39.0% |
| Amounts payable | 17/49 | €48,164 | €132,699 | +€84,535 | +176% |
| Amounts payable after more than one year | 17 | €2,136 | - | -€2,136 | |
| Financial debts | 170/4 | €2,136 | - | -€2,136 | |
| Amounts payable within one year | 42/48 | €46,028 | €132,699 | +€86,671 | +188% |
| Current portion of amounts payable after more than one year | 42 | €5,084 | €2,136 | -€2,948 | -58.0% |
| Trade debts | 44 | €34,021 | €104,801 | +€70,779 | +208% |
| Suppliers | 440/4 | €34,021 | €104,801 | +€70,779 | +208% |
| Taxes, remuneration and social security | 45 | €6,923 | €25,762 | +€18,839 | +272% |
| Taxes | 450/3 | €5,173 | €21,238 | +€16,065 | +311% |
| Remuneration and social security | 454/9 | €1,750 | €4,524 | +€2,774 | +159% |
| Remuneration, social security and pensions | 62 | €104,443 | €163,551 | +€59,108 | +56.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,084 | €1,641 | -€2,442 | -59.8% |
| Other operating charges | 640/8 | €2,820 | €2,462 | -€359 | -12.7% |
| Gross operating margin | 9900 | €143,214 | €159,806 | +€16,592 | +11.6% |
| Operating profit (loss) | 9901 | €31,867 | -€7,848 | -€39,714 | |
| Financial income | 75/76B | €756 | €2,443 | +€1,687 | +223% |
| Recurring financial income | 75 | €756 | €2,443 | +€1,687 | +223% |
| Financial charges | 65/66B | €8,036 | €7,215 | -€821 | -10.2% |
| Recurring financial charges | 65 | €8,036 | €7,215 | -€821 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €24,586 | -€12,620 | -€37,206 | |
| Income taxes | 67/77 | €4,491 | €476 | -€4,015 | -89.4% |
| Profit (loss) for the period | 9904 | €20,096 | -€13,096 | -€33,191 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,096 | -€13,096 | -€33,191 |
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 25 October 2026 via checked.be.