G.C. CONSTRUC.: 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.
G.C. CONSTRUC.
Largest movements
- Receivables within one year +€2,010
up €2,010 (+10.1%), from €19,864 to €21,874
of which Other amounts receivable: +€4,054
- Cash +€1,877
up €1,877, from €0 to €1,877
mainly Net result for the year (+€3,829) and Trade debts (+€3,111)
- Deferred charges and accrued income -€456
no longer reported in 2025 (was €456)
- Reserves +€3,828
up €3,828 (+100%), from €3,823 to €7,651
of which Distributable reserves: +€3,829
- Trade debts +€3,111
up €3,111 (+946%), from €329 to €3,440
- Tax, wage and social debts -€3,068
down €3,068 (-65.8%), from €4,664 to €1,596
- Short-term financial debts -€359
no longer reported in 2025 (was €359)
- Gross operating margin +€609
up €609 (+10.7%), from €5,713 to €6,322
- Staff costs -€547
down €547 (-93.1%), from €588 to €41
- Taxes +€384
up €384 (+31.7%), from €1,212 to €1,596
- Other operating charges +€155
up €155 (+35.4%), from €437 to €592
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 | €20,616 | €24,084 | +€3,468 | +16.8% |
| Fixed assets | 21/28 | €296 | €333 | +€37 | +12.4% |
| Financial fixed assets | 28 | €296 | €333 | +€37 | +12.4% |
| Current assets | 29/58 | €20,320 | €23,751 | +€3,431 | +16.9% |
| Amounts receivable within one year | 40/41 | €19,864 | €21,874 | +€2,010 | +10.1% |
| Trade receivables | 40 | €19,044 | €17,000 | -€2,044 | -10.7% |
| Other amounts receivable | 41 | €820 | €4,874 | +€4,054 | +494% |
| Cash at bank and in hand | 54/58 | €0 | €1,877 | +€1,877 | |
| Deferred charges and accrued income | 490/1 | €456 | - | -€456 | |
| Total equity and liabilities | 10/49 | €20,616 | €24,084 | +€3,468 | +16.8% |
| Equity | 10/15 | €15,176 | €19,005 | +€3,829 | +25.2% |
| Contributions | 10/11 | €6,197 | €6,197 | +€0 | 0.0% |
| Capital | 10 | €6,197 | - | -€6,197 | |
| Issued capital | 100 | €6,197 | - | -€6,197 | |
| Reserves | 13 | €3,823 | €7,651 | +€3,828 | +100% |
| Non-distributable reserves | 130/1 | €620 | €620 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | -€0 | 0.0% |
| Distributable reserves | 133 | €3,203 | €7,032 | +€3,829 | +120% |
| Profit (loss) carried forward | 14 | €5,156 | €5,156 | +€0 | 0.0% |
| Amounts payable | 17/49 | €5,440 | €5,079 | -€361 | -6.6% |
| Amounts payable within one year | 42/48 | €5,440 | €5,036 | -€404 | -7.4% |
| Financial debts | 43 | €359 | - | -€359 | |
| Credit institutions | 430/8 | €359 | - | -€359 | |
| Trade debts | 44 | €329 | €3,440 | +€3,111 | +946% |
| Suppliers | 440/4 | €329 | €3,440 | +€3,111 | +946% |
| Taxes, remuneration and social security | 45 | €4,664 | €1,596 | -€3,068 | -65.8% |
| Taxes | 450/3 | €4,664 | €1,596 | -€3,068 | -65.8% |
| Other amounts payable | 47/48 | €88 | - | -€88 | |
| Accrued charges and deferred income | 492/3 | - | €43 | +€43 | |
| Remuneration, social security and pensions | 62 | €588 | €41 | -€547 | -93.1% |
| Other operating charges | 640/8 | €437 | €592 | +€155 | +35.4% |
| Gross operating margin | 9900 | €5,713 | €6,322 | +€609 | +10.7% |
| Operating profit (loss) | 9901 | €4,688 | €5,690 | +€1,002 | +21.4% |
| Financial charges | 65/66B | €273 | €264 | -€9 | -3.1% |
| Recurring financial charges | 65 | €273 | €264 | -€9 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €4,415 | €5,425 | +€1,010 | +22.9% |
| Income taxes | 67/77 | €1,212 | €1,596 | +€384 | +31.7% |
| Profit (loss) for the period | 9904 | €3,203 | €3,829 | +€626 | +19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,203 | €3,829 | +€626 | +19.5% |
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.