G&E BOUW: what changed
G&E BOUW
Largest movements
- Cash -€180,561
down €180,561 (-46.5%), from €388,509 to €207,948
mainly Investment in fixed assets (net) (-€179,490) and Other debts (-€110,765)
- Tangible fixed assets +€149,849
up €149,849 (+73.7%), from €203,385 to €353,234
of which Land and buildings: +€252,904
- Receivables within one year -€142,953
down €142,953 (-95.1%), from €150,334 to €7,381
of which Trade receivables: -€144,918
- Other debts -€110,765
down €110,765 (-78.7%), from €140,808 to €30,043
- Reserves -€30,330
down €30,330 (-5.0%), from €609,821 to €579,491
- Trade debts -€23,912
down €23,912 (-73.6%), from €32,491 to €8,579
- Tax, wage and social debts -€11,079
down €11,079 (-56.5%), from €19,606 to €8,528
of which Remuneration and social security: -€8,678
- Gross operating margin -€152,635
down €152,635 (-41.3%), from €369,548 to €216,913
- Staff costs -€123,024
down €123,024 (-67.3%), from €182,732 to €59,708
- Other operating charges +€32,758
up €32,758 (+1,158%), from €2,829 to €35,587
- Depreciation -€18,166
down €18,166 (-38.0%), from €47,806 to €29,641
- Taxes -€12,018
down €12,018 (-29.2%), from €41,163 to €29,145
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €857,459 | €681,375 | -€176,085 | -20.5% |
| Fixed assets | 21/28 | €204,204 | €354,053 | +€149,849 | +73.4% |
| Tangible fixed assets | 22/27 | €203,385 | €353,234 | +€149,849 | +73.7% |
| Land and buildings | 22 | €52,200 | €305,104 | +€252,904 | +484% |
| Plant, machinery and equipment | 23 | €55,568 | €1,710 | -€53,858 | -96.9% |
| Furniture and vehicles | 24 | €95,617 | €46,420 | -€49,197 | -51.5% |
| Financial fixed assets | 28 | €819 | €819 | = | 0.0% |
| Current assets | 29/58 | €653,256 | €327,322 | -€325,934 | -49.9% |
| Stocks and contracts in progress | 3 | €8,073 | €8,073 | = | 0.0% |
| Stocks | 30/36 | €8,073 | €8,073 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €150,334 | €7,381 | -€142,953 | -95.1% |
| Trade receivables | 40 | €149,200 | €4,282 | -€144,918 | -97.1% |
| Other amounts receivable | 41 | €1,134 | €3,099 | +€1,965 | +173% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €388,509 | €207,948 | -€180,561 | -46.5% |
| Deferred charges and accrued income | 490/1 | €6,340 | €3,920 | -€2,420 | -38.2% |
| Total equity and liabilities | 10/49 | €857,459 | €681,375 | -€176,085 | -20.5% |
| Equity | 10/15 | €664,555 | €634,225 | -€30,330 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €609,821 | €579,491 | -€30,330 | -5.0% |
| Distributable reserves | 133 | €609,821 | €579,491 | -€30,330 | -5.0% |
| Profit (loss) carried forward | 14 | €36,134 | €36,134 | = | 0.0% |
| Amounts payable | 17/49 | €192,905 | €47,150 | -€145,755 | -75.6% |
| Amounts payable within one year | 42/48 | €192,905 | €47,150 | -€145,755 | -75.6% |
| Trade debts | 44 | €32,491 | €8,579 | -€23,912 | -73.6% |
| Suppliers | 440/4 | €32,491 | €8,579 | -€23,912 | -73.6% |
| Taxes, remuneration and social security | 45 | €19,606 | €8,528 | -€11,079 | -56.5% |
| Taxes | 450/3 | €10,929 | €8,528 | -€2,401 | -22.0% |
| Remuneration and social security | 454/9 | €8,678 | - | -€8,678 | |
| Other amounts payable | 47/48 | €140,808 | €30,043 | -€110,765 | -78.7% |
| Non-recurring operating income | 76A | - | €95,310 | +€95,310 | |
| Remuneration, social security and pensions | 62 | €182,732 | €59,708 | -€123,024 | -67.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,806 | €29,641 | -€18,166 | -38.0% |
| Other operating charges | 640/8 | €2,829 | €35,587 | +€32,758 | +1,158% |
| Gross operating margin | 9900 | €369,548 | €216,913 | -€152,635 | -41.3% |
| Operating profit (loss) | 9901 | €136,180 | €91,977 | -€44,203 | -32.5% |
| Financial income | 75/76B | €5,024 | €9,414 | +€4,390 | +87.4% |
| Recurring financial income | 75 | €5,024 | €9,414 | +€4,390 | +87.4% |
| Financial charges | 65/66B | €149 | €290 | +€141 | +94.3% |
| Recurring financial charges | 65 | €149 | €290 | +€141 | +94.3% |
| Profit (loss) for the period before taxes | 9903 | €141,054 | €101,101 | -€39,953 | -28.3% |
| Income taxes | 67/77 | €41,163 | €29,145 | -€12,018 | -29.2% |
| Profit (loss) for the period | 9904 | €99,892 | €71,956 | -€27,936 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €99,892 | €71,956 | -€27,936 | -28.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.