GBL Construction: 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.
GBL Construction
Largest movements
- Tangible fixed assets -€15,511
down €15,511 (-4.6%), from €334,480 to €318,969
of which Land and buildings: -€10,655
- Receivables within one year +€5,507
up €5,507 (+8.0%), from €69,150 to €74,657
of which Trade receivables: +€7,466
- Current portion of long-term debt +€9,426
up €9,426 (+43.1%), from €21,883 to €31,309
- Other debts -€8,028
down €8,028 (-31.1%), from €25,781 to €17,753
- Debts after one year -€5,417
down €5,417 (-1.9%), from €285,349 to €279,931
- Gross operating margin +€18,849
up €18,849 (+317.0%), from €5,946 to €24,796
- Depreciation +€2,357
up €2,357 (+14.0%), from €16,834 to €19,191
- Financial charges +€1,182
up €1,182 (+19.0%), from €6,220 to €7,401
- Other operating charges +€943
up €943 (+131.7%), from €716 to €1,659
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 | €406,244 | €397,389 | -€8,855 | -2.2% |
| Fixed assets | 21/28 | €334,480 | €318,969 | -€15,511 | -4.6% |
| Tangible fixed assets | 22/27 | €334,480 | €318,969 | -€15,511 | -4.6% |
| Land and buildings | 22 | €328,454 | €317,799 | -€10,655 | -3.2% |
| Furniture and vehicles | 24 | €6,026 | €1,171 | -€4,855 | -80.6% |
| Current assets | 29/58 | €71,764 | €78,420 | +€6,655 | +9.3% |
| Amounts receivable within one year | 40/41 | €69,150 | €74,657 | +€5,507 | +8.0% |
| Trade receivables | 40 | €7,741 | €15,207 | +€7,466 | +96.4% |
| Other amounts receivable | 41 | €61,409 | €59,450 | -€1,959 | -3.2% |
| Cash at bank and in hand | 54/58 | €2,559 | €3,039 | +€480 | +18.8% |
| Deferred charges and accrued income | 490/1 | €56 | €724 | +€668 | +1198.9% |
| Total equity and liabilities | 10/49 | €406,244 | €397,389 | -€8,855 | -2.2% |
| Equity | 10/15 | €51,327 | €47,872 | -€3,455 | -6.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,876 | €27,421 | -€3,455 | -11.2% |
| Amounts payable | 17/49 | €354,917 | €349,517 | -€5,400 | -1.5% |
| Amounts payable after more than one year | 17 | €285,349 | €279,931 | -€5,417 | -1.9% |
| Financial debts | 170/4 | €285,349 | €279,931 | -€5,417 | -1.9% |
| Amounts payable within one year | 42/48 | €69,568 | €69,585 | +€17 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €21,883 | €31,309 | +€9,426 | +43.1% |
| Trade debts | 44 | €21,381 | €20,341 | -€1,040 | -4.9% |
| Suppliers | 440/4 | €21,381 | €20,341 | -€1,040 | -4.9% |
| Taxes, remuneration and social security | 45 | €523 | €182 | -€341 | -65.2% |
| Taxes | 450/3 | €523 | €182 | -€341 | -65.2% |
| Other amounts payable | 47/48 | €25,781 | €17,753 | -€8,028 | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,834 | €19,191 | +€2,357 | +14.0% |
| Other operating charges | 640/8 | €716 | €1,659 | +€943 | +131.7% |
| Gross operating margin | 9900 | €5,946 | €24,796 | +€18,849 | +317.0% |
| Operating profit (loss) | 9901 | -€11,604 | €3,945 | +€15,549 | |
| Financial income | 75/76B | €127 | €1 | -€126 | -99.2% |
| Recurring financial income | 75 | €127 | €1 | -€126 | -99.2% |
| Financial charges | 65/66B | €6,220 | €7,401 | +€1,182 | +19.0% |
| Recurring financial charges | 65 | €6,220 | €7,401 | +€1,182 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,696 | -€3,455 | +€14,241 | +80.5% |
| Profit (loss) for the period | 9904 | -€17,696 | -€3,455 | +€14,241 | +80.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,696 | -€3,455 | +€14,241 | +80.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.