GB Building Solutions: 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.
GB Building Solutions
Largest movements
- Tangible fixed assets +€68,474
up €68,474 (+527%), from €12,998 to €81,472
of which Furniture and vehicles: +€79,079
- Cash -€7,955
down €7,955 (-26.5%), from €30,076 to €22,121
mainly Investment in fixed assets (net) (-€78,492) and Receivables within one year (-€6,325)
- Receivables within one year +€6,325
up €6,325 (+365%), from €1,732 to €8,057
of which Trade receivables: +€6,315
- Debts after one year +€49,811
up €49,811 (+860%), from €5,794 to €55,605
- Current portion of long-term debt +€13,274
up €13,274 (+2,336%), from €568 to €13,842
- Reserves +€3,291
up €3,291 (+17.6%), from €18,654 to €21,945
- Tax, wage and social debts +€1,352
up €1,352 (+8.6%), from €15,667 to €17,019
of which Taxes: +€1,352
- Depreciation +€6,268
up €6,268 (+167%), from €3,750 to €10,018
- Taxes -€2,063
down €2,063 (-44.6%), from €4,630 to €2,567
- Other operating charges +€779
up €779 (+245%), from €318 to €1,096
- Financial charges +€768
up €768 (+134%), from €575 to €1,343
- Gross operating margin +€422
up €422 (+2.4%), from €17,894 to €18,316
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.
Derived cash bridge
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 | €45,465 | €113,376 | +€67,911 | +149% |
| Fixed assets | 21/28 | €12,998 | €81,472 | +€68,474 | +527% |
| Tangible fixed assets | 22/27 | €12,998 | €81,472 | +€68,474 | +527% |
| Furniture and vehicles | 24 | €2,393 | €81,472 | +€79,079 | +3,304% |
| Leasing and similar rights | 25 | €10,605 | - | -€10,605 | |
| Current assets | 29/58 | €32,467 | €31,904 | -€563 | -1.7% |
| Amounts receivable within one year | 40/41 | €1,732 | €8,057 | +€6,325 | +365% |
| Trade receivables | 40 | €1,732 | €8,047 | +€6,315 | +365% |
| Other amounts receivable | 41 | - | €10 | +€10 | |
| Cash at bank and in hand | 54/58 | €30,076 | €22,121 | -€7,955 | -26.5% |
| Deferred charges and accrued income | 490/1 | €660 | €1,727 | +€1,068 | +162% |
| Total equity and liabilities | 10/49 | €45,465 | €113,376 | +€67,911 | +149% |
| Equity | 10/15 | €21,654 | €24,945 | +€3,291 | +15.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €18,654 | €21,945 | +€3,291 | +17.6% |
| Distributable reserves | 133 | €18,654 | €21,945 | +€3,291 | +17.6% |
| Amounts payable | 17/49 | €23,812 | €88,431 | +€64,620 | +271% |
| Amounts payable after more than one year | 17 | €5,794 | €55,605 | +€49,811 | +860% |
| Financial debts | 170/4 | €5,794 | €55,605 | +€49,811 | +860% |
| Amounts payable within one year | 42/48 | €17,851 | €32,827 | +€14,976 | +83.9% |
| Current portion of amounts payable after more than one year | 42 | €568 | €13,842 | +€13,274 | +2,336% |
| Trade debts | 44 | €32 | €491 | +€459 | +1,423% |
| Suppliers | 440/4 | €32 | €491 | +€459 | +1,423% |
| Taxes, remuneration and social security | 45 | €15,667 | €17,019 | +€1,352 | +8.6% |
| Taxes | 450/3 | €13,167 | €14,519 | +€1,352 | +10.3% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €1,583 | €1,474 | -€109 | -6.9% |
| Accrued charges and deferred income | 492/3 | €167 | - | -€167 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,750 | €10,018 | +€6,268 | +167% |
| Other operating charges | 640/8 | €318 | €1,096 | +€779 | +245% |
| Non-recurring operating charges | 66A | €539 | - | -€539 | |
| Gross operating margin | 9900 | €17,894 | €18,316 | +€422 | +2.4% |
| Operating profit (loss) | 9901 | €13,287 | €7,202 | -€6,085 | -45.8% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €575 | €1,343 | +€768 | +134% |
| Recurring financial charges | 65 | €575 | €1,343 | +€768 | +134% |
| Profit (loss) for the period before taxes | 9903 | €12,712 | €5,858 | -€6,853 | -53.9% |
| Income taxes | 67/77 | €4,630 | €2,567 | -€2,063 | -44.6% |
| Profit (loss) for the period | 9904 | €8,081 | €3,291 | -€4,790 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,081 | €3,291 | -€4,790 | -59.3% |
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 30 October 2026 via checked.be.