G.D.S. CONSTRUCTIONS: 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.S. CONSTRUCTIONS
Largest movements
- Receivables within one year +€1,957
up €1,957 (+6.6%), from €29,766 to €31,723
of which Other amounts receivable: +€1,599
- Cash +€535
up €535 (+253%), from €211 to €746
mainly Tax, wage and social debts (+€2,584) and Net result for the year (+€2,086)
- Tax, wage and social debts +€2,584
up €2,584 (+16.3%), from €15,808 to €18,392
- Profit (loss) carried forward +€2,086
up €2,086 (+12.1%), from -€17,201 to -€15,115
- Trade debts -€2,021
down €2,021 (-34.9%), from €5,790 to €3,769
- Other debts -€483
down €483 (-6.0%), from €8,044 to €7,561
- Purchases and services -€4,038
down €4,038 (-10.0%), from €40,349 to €36,311
- Gross operating margin +€3,610
up €3,610 (+1,082%), from €334 to €3,944
- Depreciation +€1,176
new in 2025: €1,176
- Turnover -€428
down €428 (-1.1%), from €40,683 to €40,255
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 | €33,441 | €35,607 | +€2,166 | +6.5% |
| Fixed assets | 21/28 | €3,464 | €3,138 | -€326 | -9.4% |
| Tangible fixed assets | 22/27 | €2,767 | €2,441 | -€326 | -11.8% |
| Plant, machinery and equipment | 23 | €1,536 | €675 | -€860 | -56.0% |
| Furniture and vehicles | 24 | €1,231 | €1,766 | +€535 | +43.4% |
| Financial fixed assets | 28 | €697 | €697 | = | 0.0% |
| Current assets | 29/58 | €29,977 | €32,469 | +€2,492 | +8.3% |
| Amounts receivable within one year | 40/41 | €29,766 | €31,723 | +€1,957 | +6.6% |
| Trade receivables | 40 | €16,215 | €16,573 | +€358 | +2.2% |
| Other amounts receivable | 41 | €13,551 | €15,150 | +€1,599 | +11.8% |
| Cash at bank and in hand | 54/58 | €211 | €746 | +€535 | +253% |
| Total equity and liabilities | 10/49 | €33,441 | €35,607 | +€2,166 | +6.5% |
| Equity | 10/15 | €3,800 | €5,885 | +€2,086 | +54.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,400 | €2,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,400 | €2,400 | = | 0.0% |
| Legal reserve | 130 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,201 | -€15,115 | +€2,086 | +12.1% |
| Amounts payable | 17/49 | €29,641 | €29,722 | +€81 | +0.3% |
| Amounts payable within one year | 42/48 | €29,641 | €29,722 | +€81 | +0.3% |
| Trade debts | 44 | €5,790 | €3,769 | -€2,021 | -34.9% |
| Suppliers | 440/4 | €5,790 | €3,769 | -€2,021 | -34.9% |
| Taxes, remuneration and social security | 45 | €15,808 | €18,392 | +€2,584 | +16.3% |
| Taxes | 450/3 | €15,808 | €18,392 | +€2,584 | +16.3% |
| Other amounts payable | 47/48 | €8,044 | €7,561 | -€483 | -6.0% |
| Turnover | 70 | €40,683 | €40,255 | -€428 | -1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €40,349 | €36,311 | -€4,038 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,176 | +€1,176 | |
| Other operating charges | 640/8 | €320 | €400 | +€80 | +24.9% |
| Gross operating margin | 9900 | €334 | €3,944 | +€3,610 | +1,082% |
| Operating profit (loss) | 9901 | €14 | €2,368 | +€2,354 | +17,361% |
| Financial charges | 65/66B | - | €282 | +€282 | |
| Recurring financial charges | 65 | - | €282 | +€282 | |
| Profit (loss) for the period before taxes | 9903 | €14 | €2,086 | +€2,072 | +15,280% |
| Profit (loss) for the period | 9904 | €14 | €2,086 | +€2,072 | +15,280% |
| Profit (loss) for the period to be appropriated | 9905 | €14 | €2,086 | +€2,072 | +15,280% |
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 15 October 2026 via checked.be.