G & C Construct: 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 Construct
Largest movements
- Tangible fixed assets -€25,258
down €25,258 (-44.0%), from €57,411 to €32,154
of which Furniture and vehicles: -€21,404
- Receivables within one year +€23,348
up €23,348 (+12.3%), from €189,656 to €213,004
of which Other amounts receivable: +€22,223
- Debts after one year -€9,954
down €9,954 (-17.6%), from €56,565 to €46,611
- Current portion of long-term debt +€4,839
up €4,839 (+21.1%), from €22,986 to €27,826
- Reserves +€3,410
up €3,410 (+2.8%), from €120,687 to €124,097
of which Distributable reserves: +€3,410
- Tax, wage and social debts +€2,831
up €2,831 (+12.8%), from €22,163 to €24,994
- Gross operating margin -€9,058
down €9,058 (-19.3%), from €46,947 to €37,889
- Taxes -€4,917
down €4,917 (-61.0%), from €8,065 to €3,149
- Financial charges +€1,391
up €1,391 (+96.5%), from €1,441 to €2,832
- Other operating charges +€624
up €624 (+28.2%), from €2,213 to €2,837
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €248,615 | €248,099 | -€516 | -0.2% |
| Fixed assets | 21/28 | €57,541 | €32,284 | -€25,258 | -43.9% |
| Tangible fixed assets | 22/27 | €57,411 | €32,154 | -€25,258 | -44.0% |
| Plant, machinery and equipment | 23 | €8,095 | €4,241 | -€3,854 | -47.6% |
| Furniture and vehicles | 24 | €49,316 | €27,913 | -€21,404 | -43.4% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €191,074 | €215,815 | +€24,741 | +12.9% |
| Amounts receivable within one year | 40/41 | €189,656 | €213,004 | +€23,348 | +12.3% |
| Trade receivables | 40 | €296 | €1,421 | +€1,125 | +379% |
| Other amounts receivable | 41 | €189,360 | €211,583 | +€22,223 | +11.7% |
| Cash at bank and in hand | 54/58 | €0 | €1,727 | +€1,727 | |
| Deferred charges and accrued income | 490/1 | €1,417 | €1,083 | -€334 | -23.6% |
| Total equity and liabilities | 10/49 | €248,615 | €248,099 | -€516 | -0.2% |
| Equity | 10/15 | €126,887 | €130,297 | +€3,410 | +2.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €120,687 | €124,097 | +€3,410 | +2.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €118,827 | €122,237 | +€3,410 | +2.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €121,728 | €117,801 | -€3,927 | -3.2% |
| Amounts payable after more than one year | 17 | €56,565 | €46,611 | -€9,954 | -17.6% |
| Financial debts | 170/4 | €56,565 | €46,611 | -€9,954 | -17.6% |
| Amounts payable within one year | 42/48 | €64,715 | €70,806 | +€6,091 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €22,986 | €27,826 | +€4,839 | +21.1% |
| Trade debts | 44 | €19,566 | €17,986 | -€1,580 | -8.1% |
| Suppliers | 440/4 | €19,566 | €17,986 | -€1,580 | -8.1% |
| Taxes, remuneration and social security | 45 | €22,163 | €24,994 | +€2,831 | +12.8% |
| Taxes | 450/3 | €22,163 | €24,994 | +€2,831 | +12.8% |
| Accrued charges and deferred income | 492/3 | €448 | €384 | -€64 | -14.2% |
| Remuneration, social security and pensions | 62 | €0 | €404 | +€404 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,380 | €25,258 | -€123 | -0.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,213 | €2,837 | +€624 | +28.2% |
| Non-recurring operating charges | 66A | €190 | €0 | -€190 | -100% |
| Gross operating margin | 9900 | €46,947 | €37,889 | -€9,058 | -19.3% |
| Operating profit (loss) | 9901 | €19,164 | €9,390 | -€9,774 | -51.0% |
| Financial income | 75/76B | €1 | €1 | +€0 | +25.5% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +25.5% |
| Financial charges | 65/66B | €1,441 | €2,832 | +€1,391 | +96.5% |
| Recurring financial charges | 65 | €1,441 | €2,832 | +€1,391 | +96.5% |
| Profit (loss) for the period before taxes | 9903 | €17,724 | €6,559 | -€11,165 | -63.0% |
| Income taxes | 67/77 | €8,065 | €3,149 | -€4,917 | -61.0% |
| Profit (loss) for the period | 9904 | €9,659 | €3,410 | -€6,248 | -64.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,659 | €3,410 | -€6,248 | -64.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.