G-LINE 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-LINE CONSTRUCT
Largest movements
- Tangible fixed assets +€82,350
up €82,350 (+54.6%), from €150,953 to €233,303
of which Furniture and vehicles: +€72,464
- Stocks and contracts -€47,156
down €47,156 (-58.1%), from €81,097 to €33,941
- Receivables within one year +€35,852
up €35,852 (+20.1%), from €178,160 to €214,012
of which Trade receivables: +€74,204
- Cash +€23,769
up €23,769 (+9.7%), from €244,029 to €267,799
mainly Net result for the year (+€196,132) and Depreciation (+€72,172)
- Reserves +€100,000
up €100,000 (+103.2%), from €96,860 to €196,860
of which Distributable reserves: +€100,000
- Trade debts -€95,757
down €95,757 (-31.4%), from €304,825 to €209,068
- Profit (loss) carried forward +€81,846
up €81,846 (+617.1%), from €13,264 to €95,110
- Short-term financial debts -€73,851
no longer reported in 2025 (was €73,851)
- Tax, wage and social debts +€45,700
up €45,700 (+74.1%), from €61,688 to €107,388
of which Taxes: +€43,724
- Gross operating margin +€179,543
up €179,543 (+56.8%), from €316,169 to €495,712
- Taxes +€45,385
up €45,385 (+126.9%), from €35,756 to €81,141
- Depreciation +€28,932
up €28,932 (+66.9%), from €43,239 to €72,172
- Staff costs -€10,499
down €10,499 (-6.9%), from €152,837 to €142,338
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.
Cash bridge derived
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 | €682,120 | €778,400 | +€96,280 | +14.1% |
| Fixed assets | 21/28 | €168,404 | €252,254 | +€83,850 | +49.8% |
| Intangible fixed assets | 21 | €833 | €633 | -€200 | -24.0% |
| Tangible fixed assets | 22/27 | €150,953 | €233,303 | +€82,350 | +54.6% |
| Plant, machinery and equipment | 23 | €53,859 | €52,640 | -€1,219 | -2.3% |
| Furniture and vehicles | 24 | €59,675 | €132,139 | +€72,464 | +121.4% |
| Other tangible fixed assets | 26 | €37,418 | €48,524 | +€11,105 | +29.7% |
| Financial fixed assets | 28 | €16,618 | €18,318 | +€1,700 | +10.2% |
| Current assets | 29/58 | €513,716 | €526,146 | +€12,430 | +2.4% |
| Stocks and contracts in progress | 3 | €81,097 | €33,941 | -€47,156 | -58.1% |
| Stocks | 30/36 | €81,097 | €33,941 | -€47,156 | -58.1% |
| Amounts receivable within one year | 40/41 | €178,160 | €214,012 | +€35,852 | +20.1% |
| Trade receivables | 40 | €138,962 | €213,167 | +€74,204 | +53.4% |
| Other amounts receivable | 41 | €39,198 | €846 | -€38,352 | -97.8% |
| Cash at bank and in hand | 54/58 | €244,029 | €267,799 | +€23,769 | +9.7% |
| Deferred charges and accrued income | 490/1 | €10,430 | €10,394 | -€35 | -0.3% |
| Total equity and liabilities | 10/49 | €682,120 | €778,400 | +€96,280 | +14.1% |
| Equity | 10/15 | €116,324 | €298,170 | +€181,846 | +156.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €96,860 | €196,860 | +€100,000 | +103.2% |
| 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 | €95,000 | €195,000 | +€100,000 | +105.3% |
| Profit (loss) carried forward | 14 | €13,264 | €95,110 | +€81,846 | +617.1% |
| Amounts payable | 17/49 | €565,796 | €480,230 | -€85,566 | -15.1% |
| Amounts payable after more than one year | 17 | €93,948 | €123,718 | +€29,770 | +31.7% |
| Financial debts | 170/4 | €93,948 | €123,718 | +€29,770 | +31.7% |
| Amounts payable within one year | 42/48 | €471,848 | €356,512 | -€115,336 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €31,058 | €38,259 | +€7,201 | +23.2% |
| Financial debts | 43 | €73,851 | - | -€73,851 | |
| Credit institutions | 430/8 | €73,851 | - | -€73,851 | |
| Trade debts | 44 | €304,825 | €209,068 | -€95,757 | -31.4% |
| Suppliers | 440/4 | €304,825 | €209,068 | -€95,757 | -31.4% |
| Taxes, remuneration and social security | 45 | €61,688 | €107,388 | +€45,700 | +74.1% |
| Taxes | 450/3 | €28,599 | €72,323 | +€43,724 | +152.9% |
| Remuneration and social security | 454/9 | €33,089 | €35,066 | +€1,976 | +6.0% |
| Other amounts payable | 47/48 | €426 | €1,796 | +€1,370 | +321.6% |
| Remuneration, social security and pensions | 62 | €152,837 | €142,338 | -€10,499 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,239 | €72,172 | +€28,932 | +66.9% |
| Other operating charges | 640/8 | €2,177 | €1,796 | -€380 | -17.5% |
| Gross operating margin | 9900 | €316,169 | €495,712 | +€179,543 | +56.8% |
| Operating profit (loss) | 9901 | €117,917 | €279,406 | +€161,489 | +137.0% |
| Financial income | 75/76B | €285 | €4,779 | +€4,494 | +1577.5% |
| Recurring financial income | 75 | €285 | €4,779 | +€4,494 | +1577.5% |
| Financial charges | 65/66B | €8,744 | €6,912 | -€1,832 | -20.9% |
| Recurring financial charges | 65 | €8,744 | €6,912 | -€1,832 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €109,458 | €277,273 | +€167,815 | +153.3% |
| Income taxes | 67/77 | €35,756 | €81,141 | +€45,385 | +126.9% |
| Profit (loss) for the period | 9904 | €73,702 | €196,132 | +€122,430 | +166.1% |
| Profit (loss) for the period to be appropriated | 9905 | €73,702 | €196,132 | +€122,430 | +166.1% |
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 10 October 2026 via checked.be.