G&S Construct: what changed
Two fiscal 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&S Construct
Largest movements
- Tangible fixed assets +€19,841
up €19,841 (+623.2%), from €3,184 to €23,025
- Receivables within one year +€4,920
up €4,920 (+38.3%), from €12,851 to €17,771
of which Other amounts receivable: +€5,629
- Profit (loss) carried forward +€23,516
up €23,516 (+273.2%), from €8,608 to €32,123
- Tax, wage and social debts +€6,094
up €6,094 (+248.9%), from €2,448 to €8,542
- Trade debts -€2,870
down €2,870 (-45.4%), from €6,316 to €3,446
- Other debts -€2,303
no longer reported in 2024 (was €2,303)
- Gross operating margin +€22,439
up €22,439 (+160.6%), from €13,969 to €36,408
- Taxes +€3,645
up €3,645 (+148.9%), from €2,448 to €6,094
- Depreciation +€2,821
up €2,821 (+389.1%), from €725 to €3,546
- Other operating charges +€2,055
up €2,055 (+173.3%), from €1,186 to €3,241
- Financial charges -€682
down €682 (-68.1%), from €1,002 to €320
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.
Cash bridge derived
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 | €20,676 | €45,112 | +€24,436 | +118.2% |
| Fixed assets | 21/28 | €3,184 | €23,025 | +€19,841 | +623.2% |
| Tangible fixed assets | 22/27 | €3,184 | €23,025 | +€19,841 | +623.2% |
| Furniture and vehicles | 24 | €3,184 | €23,025 | +€19,841 | +623.2% |
| Current assets | 29/58 | €17,492 | €22,086 | +€4,594 | +26.3% |
| Amounts receivable within one year | 40/41 | €12,851 | €17,771 | +€4,920 | +38.3% |
| Trade receivables | 40 | €8,999 | €8,289 | -€710 | -7.9% |
| Other amounts receivable | 41 | €3,852 | €9,481 | +€5,629 | +146.1% |
| Cash at bank and in hand | 54/58 | €4,641 | €4,316 | -€325 | -7.0% |
| Total equity and liabilities | 10/49 | €20,676 | €45,112 | +€24,436 | +118.2% |
| Equity | 10/15 | €9,608 | €33,123 | +€23,516 | +244.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,608 | €32,123 | +€23,516 | +273.2% |
| Amounts payable | 17/49 | €11,068 | €11,988 | +€920 | +8.3% |
| Amounts payable within one year | 42/48 | €11,068 | €11,988 | +€920 | +8.3% |
| Trade debts | 44 | €6,316 | €3,446 | -€2,870 | -45.4% |
| Suppliers | 440/4 | €6,316 | €3,446 | -€2,870 | -45.4% |
| Taxes, remuneration and social security | 45 | €2,448 | €8,542 | +€6,094 | +248.9% |
| Taxes | 450/3 | €2,448 | €8,542 | +€6,094 | +248.9% |
| Other amounts payable | 47/48 | €2,303 | - | -€2,303 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €725 | €3,546 | +€2,821 | +389.1% |
| Other operating charges | 640/8 | €1,186 | €3,241 | +€2,055 | +173.3% |
| Gross operating margin | 9900 | €13,969 | €36,408 | +€22,439 | +160.6% |
| Operating profit (loss) | 9901 | €12,058 | €29,620 | +€17,562 | +145.6% |
| Financial income | 75/76B | - | €309 | +€309 | |
| Recurring financial income | 75 | - | €309 | +€309 | |
| Financial charges | 65/66B | €1,002 | €320 | -€682 | -68.1% |
| Recurring financial charges | 65 | €1,002 | €320 | -€682 | -68.1% |
| Profit (loss) for the period before taxes | 9903 | €11,056 | €29,609 | +€18,553 | +167.8% |
| Income taxes | 67/77 | €2,448 | €6,094 | +€3,645 | +148.9% |
| Profit (loss) for the period | 9904 | €8,608 | €23,516 | +€14,908 | +173.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,608 | €23,516 | +€14,908 | +173.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.