GAFIUC 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.
GAFIUC CONSTRUCT
Largest movements
- Receivables within one year +€18,065
up €18,065 (+189.4%), from €9,536 to €27,601
of which Trade receivables: +€22,783
- Cash -€2,765
down €2,765 (-37.9%), from €7,301 to €4,536
mainly Receivables within one year (-€18,065) and Investment in fixed assets (net) (-€2,534)
- Tangible fixed assets +€1,201
up €1,201 (+70.6%), from €1,702 to €2,903
of which Furniture and vehicles: +€774
- Other debts +€11,004
new in 2025: €11,004
- Profit (loss) carried forward +€3,409
up €3,409 (+26.7%), from €12,768 to €16,178
- Trade debts +€1,105
up €1,105 (+43.4%), from €2,546 to €3,652
- Tax, wage and social debts +€859
up €859 (+25.7%), from €3,348 to €4,207
- Gross operating margin -€6,042
down €6,042 (-27.2%), from €22,211 to €16,169
- Financial charges +€3,749
up €3,749 (+99.1%), from €3,784 to €7,533
- Other operating charges +€1,809
new in 2025: €1,809
- Depreciation -€1,416
down €1,416 (-51.5%), from €2,748 to €1,332
- Taxes -€1,262
down €1,262 (-37.7%), from €3,348 to €2,085
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 | €18,662 | €35,041 | +€16,378 | +87.8% |
| Fixed assets | 21/28 | €1,702 | €2,903 | +€1,201 | +70.6% |
| Tangible fixed assets | 22/27 | €1,702 | €2,903 | +€1,201 | +70.6% |
| Plant, machinery and equipment | 23 | - | €427 | +€427 | |
| Furniture and vehicles | 24 | €1,702 | €2,476 | +€774 | +45.5% |
| Current assets | 29/58 | €16,961 | €32,138 | +€15,177 | +89.5% |
| Amounts receivable within one year | 40/41 | €9,536 | €27,601 | +€18,065 | +189.4% |
| Trade receivables | 40 | €2,151 | €24,933 | +€22,783 | +1059.4% |
| Other amounts receivable | 41 | €7,386 | €2,668 | -€4,718 | -63.9% |
| Cash at bank and in hand | 54/58 | €7,301 | €4,536 | -€2,765 | -37.9% |
| Deferred charges and accrued income | 490/1 | €123 | - | -€123 | |
| Total equity and liabilities | 10/49 | €18,662 | €35,041 | +€16,378 | +87.8% |
| Equity | 10/15 | €12,768 | €16,178 | +€3,409 | +26.7% |
| Profit (loss) carried forward | 14 | €12,768 | €16,178 | +€3,409 | +26.7% |
| Amounts payable | 17/49 | €5,894 | €18,863 | +€12,969 | +220.0% |
| Amounts payable within one year | 42/48 | €5,894 | €18,863 | +€12,969 | +220.0% |
| Trade debts | 44 | €2,546 | €3,652 | +€1,105 | +43.4% |
| Suppliers | 440/4 | €2,546 | €3,652 | +€1,105 | +43.4% |
| Taxes, remuneration and social security | 45 | €3,348 | €4,207 | +€859 | +25.7% |
| Taxes | 450/3 | €3,348 | €4,207 | +€859 | +25.7% |
| Other amounts payable | 47/48 | - | €11,004 | +€11,004 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,748 | €1,332 | -€1,416 | -51.5% |
| Other operating charges | 640/8 | - | €1,809 | +€1,809 | |
| Gross operating margin | 9900 | €22,211 | €16,169 | -€6,042 | -27.2% |
| Operating profit (loss) | 9901 | €19,462 | €13,028 | -€6,434 | -33.1% |
| Financial income | 75/76B | €438 | €0 | -€438 | -100.0% |
| Recurring financial income | 75 | €438 | €0 | -€438 | -100.0% |
| Financial charges | 65/66B | €3,784 | €7,533 | +€3,749 | +99.1% |
| Recurring financial charges | 65 | €3,784 | €7,533 | +€3,749 | +99.1% |
| Profit (loss) for the period before taxes | 9903 | €16,116 | €5,495 | -€10,621 | -65.9% |
| Income taxes | 67/77 | €3,348 | €2,085 | -€1,262 | -37.7% |
| Profit (loss) for the period | 9904 | €12,768 | €3,409 | -€9,359 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,768 | €3,409 | -€9,359 | -73.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.