GASPAR 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.
GASPAR CONSTRUCTIONS
Largest movements
- Cash +€44,743
up €44,743 (+416.4%), from €10,745 to €55,488
mainly Net result for the year (+€66,327) and Depreciation (+€31,037)
- Tangible fixed assets -€31,037
down €31,037 (-31.4%), from €98,789 to €67,752
of which Furniture and vehicles: -€29,844
- Receivables within one year -€11,480
down €11,480 (-17.2%), from €66,852 to €55,372
of which Trade receivables: -€9,950
- Profit (loss) carried forward +€66,327
up €66,327 (+47.3%), from -€140,189 to -€73,862
- Trade debts -€41,995
down €41,995 (-81.2%), from €51,691 to €9,697
- Other debts -€13,645
down €13,645 (-7.9%), from €171,812 to €158,167
- Debts after one year -€8,993
down €8,993 (-62.6%), from €14,375 to €5,382
- Tax, wage and social debts -€2,218
down €2,218 (-58.1%), from €3,817 to €1,599
of which Remuneration and social security: -€3,381
- Gross operating margin +€59,879
up €59,879 (+126.4%), from €47,365 to €107,244
- Other operating charges -€5,074
down €5,074 (-69.1%), from €7,343 to €2,268
- Staff costs -€4,811
down €4,811 (-58.2%), from €8,267 to €3,456
- Depreciation +€4,641
up €4,641 (+17.6%), from €26,396 to €31,037
- Financial charges +€2,013
up €2,013 (+142.3%), from €1,415 to €3,428
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 | €191,194 | €190,939 | -€255 | -0.1% |
| Fixed assets | 21/28 | €109,290 | €77,270 | -€32,020 | -29.3% |
| Tangible fixed assets | 22/27 | €98,789 | €67,752 | -€31,037 | -31.4% |
| Plant, machinery and equipment | 23 | €4,423 | €3,230 | -€1,193 | -27.0% |
| Furniture and vehicles | 24 | €94,366 | €64,522 | -€29,844 | -31.6% |
| Financial fixed assets | 28 | €10,502 | €9,519 | -€983 | -9.4% |
| Current assets | 29/58 | €81,904 | €113,668 | +€31,765 | +38.8% |
| Amounts receivable within one year | 40/41 | €66,852 | €55,372 | -€11,480 | -17.2% |
| Trade receivables | 40 | €52,445 | €42,494 | -€9,950 | -19.0% |
| Other amounts receivable | 41 | €14,407 | €12,877 | -€1,530 | -10.6% |
| Cash at bank and in hand | 54/58 | €10,745 | €55,488 | +€44,743 | +416.4% |
| Deferred charges and accrued income | 490/1 | €4,307 | €2,809 | -€1,498 | -34.8% |
| Total equity and liabilities | 10/49 | €191,194 | €190,939 | -€255 | -0.1% |
| Equity | 10/15 | -€61,248 | €5,079 | +€66,327 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €60,349 | €60,349 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,575 | €21,575 | = | 0.0% |
| Distributable reserves | 133 | €36,914 | €36,914 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,189 | -€73,862 | +€66,327 | +47.3% |
| Amounts payable | 17/49 | €252,442 | €185,860 | -€66,582 | -26.4% |
| Amounts payable after more than one year | 17 | €14,375 | €5,382 | -€8,993 | -62.6% |
| Financial debts | 170/4 | €14,375 | €5,382 | -€8,993 | -62.6% |
| Amounts payable within one year | 42/48 | €238,067 | €180,478 | -€57,588 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €10,747 | €11,016 | +€269 | +2.5% |
| Trade debts | 44 | €51,691 | €9,697 | -€41,995 | -81.2% |
| Suppliers | 440/4 | €51,691 | €9,697 | -€41,995 | -81.2% |
| Taxes, remuneration and social security | 45 | €3,817 | €1,599 | -€2,218 | -58.1% |
| Taxes | 450/3 | €435 | €1,599 | +€1,164 | +267.2% |
| Remuneration and social security | 454/9 | €3,381 | - | -€3,381 | |
| Other amounts payable | 47/48 | €171,812 | €158,167 | -€13,645 | -7.9% |
| Remuneration, social security and pensions | 62 | €8,267 | €3,456 | -€4,811 | -58.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,396 | €31,037 | +€4,641 | +17.6% |
| Other operating charges | 640/8 | €7,343 | €2,268 | -€5,074 | -69.1% |
| Gross operating margin | 9900 | €47,365 | €107,244 | +€59,879 | +126.4% |
| Operating profit (loss) | 9901 | €5,359 | €70,482 | +€65,123 | +1215.2% |
| Financial income | 75/76B | €19 | - | -€19 | |
| Recurring financial income | 75 | €19 | - | -€19 | |
| Financial charges | 65/66B | €1,415 | €3,428 | +€2,013 | +142.3% |
| Recurring financial charges | 65 | €1,415 | €3,428 | +€2,013 | +142.3% |
| Profit (loss) for the period before taxes | 9903 | €3,963 | €67,055 | +€63,092 | +1592.0% |
| Income taxes | 67/77 | €664 | €728 | +€65 | +9.7% |
| Profit (loss) for the period | 9904 | €3,299 | €66,327 | +€63,027 | +1910.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,299 | €66,327 | +€63,027 | +1910.4% |
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 12 October 2026 via checked.be.