G&D BUILDING SOLUTIONS: 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&D BUILDING SOLUTIONS
Largest movements
- Cash +€13,542
up €13,542 (+149%), from €9,105 to €22,647
mainly Trade debts (+€6,862) and Receivables within one year (+€3,569)
- Receivables within one year -€3,569
down €3,569 (-76.6%), from €4,661 to €1,092
of which Other amounts receivable: -€3,210
- Deferred charges and accrued income -€1,291
down €1,291 (-78.7%), from €1,641 to €350
- Tangible fixed assets -€922
down €922 (-31.1%), from €2,962 to €2,039
of which Plant, machinery and equipment: -€1,418
- Trade debts +€6,862
up €6,862 (+5,452%), from €126 to €6,988
- Short-term financial debts -€1,604
down €1,604 (-76.8%), from €2,089 to €485
- Reserves +€1,249
up €1,249 (+21.2%), from €5,896 to €7,145
- Tax, wage and social debts +€1,218
new in 2025: €1,218
- Gross operating margin -€2,876
down €2,876 (-44.4%), from €6,480 to €3,605
- Taxes -€366
down €366 (-47.3%), from €774 to €408
- Depreciation -€207
down €207 (-11.9%), from €1,744 to €1,537
- Financial charges -€69
down €69 (-39.3%), from €176 to €107
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 | €18,369 | €26,128 | +€7,759 | +42.2% |
| Fixed assets | 21/28 | €2,962 | €2,039 | -€922 | -31.1% |
| Tangible fixed assets | 22/27 | €2,962 | €2,039 | -€922 | -31.1% |
| Plant, machinery and equipment | 23 | €2,962 | €1,543 | -€1,418 | -47.9% |
| Furniture and vehicles | 24 | - | €496 | +€496 | |
| Current assets | 29/58 | €15,407 | €24,089 | +€8,682 | +56.3% |
| Amounts receivable within one year | 40/41 | €4,661 | €1,092 | -€3,569 | -76.6% |
| Trade receivables | 40 | €360 | - | -€360 | |
| Other amounts receivable | 41 | €4,302 | €1,092 | -€3,210 | -74.6% |
| Cash at bank and in hand | 54/58 | €9,105 | €22,647 | +€13,542 | +149% |
| Deferred charges and accrued income | 490/1 | €1,641 | €350 | -€1,291 | -78.7% |
| Total equity and liabilities | 10/49 | €18,369 | €26,128 | +€7,759 | +42.2% |
| Equity | 10/15 | €10,896 | €12,145 | +€1,249 | +11.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,896 | €7,145 | +€1,249 | +21.2% |
| Distributable reserves | 133 | €5,896 | €7,145 | +€1,249 | +21.2% |
| Amounts payable | 17/49 | €7,473 | €13,983 | +€6,510 | +87.1% |
| Amounts payable within one year | 42/48 | €7,473 | €13,983 | +€6,510 | +87.1% |
| Financial debts | 43 | €2,089 | €485 | -€1,604 | -76.8% |
| Credit institutions | 430/8 | €2,089 | €485 | -€1,604 | -76.8% |
| Trade debts | 44 | €126 | €6,988 | +€6,862 | +5,452% |
| Suppliers | 440/4 | €126 | €6,988 | +€6,862 | +5,452% |
| Taxes, remuneration and social security | 45 | - | €1,218 | +€1,218 | |
| Taxes | 450/3 | - | €1,218 | +€1,218 | |
| Other amounts payable | 47/48 | €5,258 | €5,292 | +€34 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,744 | €1,537 | -€207 | -11.9% |
| Other operating charges | 640/8 | €307 | €312 | +€5 | +1.6% |
| Gross operating margin | 9900 | €6,480 | €3,605 | -€2,876 | -44.4% |
| Operating profit (loss) | 9901 | €4,430 | €1,756 | -€2,674 | -60.4% |
| Financial income | 75/76B | €44 | €8 | -€36 | -81.2% |
| Recurring financial income | 75 | €44 | €8 | -€36 | -81.2% |
| Financial charges | 65/66B | €176 | €107 | -€69 | -39.3% |
| Recurring financial charges | 65 | €176 | €107 | -€69 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | €4,298 | €1,657 | -€2,640 | -61.4% |
| Income taxes | 67/77 | €774 | €408 | -€366 | -47.3% |
| Profit (loss) for the period | 9904 | €3,524 | €1,249 | -€2,274 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,524 | €1,249 | -€2,274 | -64.5% |
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 24 October 2026 via checked.be.