GCP Applied Technologies: 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.
GCP Applied Technologies
Largest movements
- Receivables within one year -€85.1m
down €85.1m (-99.4%), from €85.7m to €509,077
of which Other amounts receivable: -€84.7m
- Cash -€13.0m
down €13.0m (-57.0%), from €22.8m to €9.8m
mainly Short-term financial debts (-€98.3m) and Contributions, distributions and other (-€175,000)
- Short-term financial debts -€98.3m
down €98.3m (-92.1%), from €106.7m to €8.5m
- Financial income +€2.9m
up €2.9m (+98.2%), from €2.9m to €5.8m
- Financial charges +€2.5m
up €2.5m (+83.8%), from €3.0m to €5.5m
- Turnover +€104,882
up €104,882 (+14.6%), from €719,570 to €824,452
- Staff costs +€30,718
up €30,718 (+4.5%), from €681,372 to €712,090
- Services and other goods -€18,246
down €18,246 (-11.9%), from €153,297 to €135,051
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 | €108,976,775 | €10,843,413 | -€98.1m | -90.0% |
| Fixed assets | 21/28 | €532,090 | €532,090 | = | 0.0% |
| Financial fixed assets | 28 | €532,090 | €532,090 | = | 0.0% |
| Affiliated companies | 280/1 | €532,090 | €532,090 | = | 0.0% |
| Participating interests | 280 | €532,090 | €532,090 | = | 0.0% |
| Current assets | 29/58 | €108,444,685 | €10,311,323 | -€98.1m | -90.5% |
| Amounts receivable within one year | 40/41 | €85,656,662 | €509,077 | -€85.1m | -99.4% |
| Trade receivables | 40 | €424,906 | - | -€424,906 | |
| Other amounts receivable | 41 | €85,231,756 | €509,077 | -€84.7m | -99.4% |
| Cash at bank and in hand | 54/58 | €22,788,023 | €9,802,188 | -€13.0m | -57.0% |
| Deferred charges and accrued income | 490/1 | - | €58 | +€58 | |
| Total equity and liabilities | 10/49 | €108,976,775 | €10,843,413 | -€98.1m | -90.0% |
| Equity | 10/15 | €1,881,654 | €1,953,998 | +€72,344 | +3.8% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €526,367 | €526,367 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €513,972 | €513,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,231,340 | €1,303,685 | +€72,344 | +5.9% |
| Amounts payable | 17/49 | €107,095,122 | €8,889,415 | -€98.2m | -91.7% |
| Amounts payable within one year | 42/48 | €107,090,753 | €8,889,415 | -€98.2m | -91.7% |
| Financial debts | 43 | €106,740,009 | €8,483,196 | -€98.3m | -92.1% |
| Other loans | 439 | €106,740,009 | €8,483,196 | -€98.3m | -92.1% |
| Trade debts | 44 | €145,628 | €11,526 | -€134,103 | -92.1% |
| Suppliers | 440/4 | €145,628 | €11,526 | -€134,103 | -92.1% |
| Taxes, remuneration and social security | 45 | €205,116 | €219,693 | +€14,577 | +7.1% |
| Taxes | 450/3 | €21,530 | €17,956 | -€3,574 | -16.6% |
| Remuneration and social security | 454/9 | €183,586 | €201,738 | +€18,151 | +9.9% |
| Other amounts payable | 47/48 | - | €175,000 | +€175,000 | |
| Accrued charges and deferred income | 492/3 | €4,369 | - | -€4,369 | |
| Operating income | 70/76A | €719,570 | €824,452 | +€104,882 | +14.6% |
| Turnover | 70 | €719,570 | €824,452 | +€104,882 | +14.6% |
| Operating charges | 60/66A | €836,209 | €848,343 | +€12,134 | +1.5% |
| Services and other goods | 61 | €153,297 | €135,051 | -€18,246 | -11.9% |
| Remuneration, social security and pensions | 62 | €681,372 | €712,090 | +€30,718 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €502 | - | -€502 | |
| Other operating charges | 640/8 | €109 | €118 | +€9 | +8.3% |
| Non-recurring operating charges | 66A | €929 | €1,084 | +€155 | +16.6% |
| Operating profit (loss) | 9901 | -€116,639 | -€23,891 | +€92,748 | +79.5% |
| Financial income | 75/76B | €2,912,065 | €5,772,352 | +€2.9m | +98.2% |
| Recurring financial income | 75 | €2,912,065 | €5,772,352 | +€2.9m | +98.2% |
| Income from financial fixed assets | 750 | - | €88,320 | +€88,320 | |
| Income from current assets | 751 | €2,912,065 | €4,579,143 | +€1.7m | +57.2% |
| Other financial income | 752/9 | - | €1,104,889 | +€1.1m | |
| Financial charges | 65/66B | €2,992,308 | €5,500,022 | +€2.5m | +83.8% |
| Recurring financial charges | 65 | €2,992,308 | €5,500,022 | +€2.5m | +83.8% |
| Debt charges | 650 | - | €4,386,893 | +€4.4m | |
| Other financial charges | 652/9 | €2,992,308 | €1,113,129 | -€1.9m | -62.8% |
| Profit (loss) for the period before taxes | 9903 | -€196,881 | €248,439 | +€445,321 | |
| Income taxes | 67/77 | €1,340 | €1,095 | -€244 | -18.2% |
| Taxes | 670/3 | €1,340 | €1,095 | -€244 | -18.2% |
| Profit (loss) for the period | 9904 | -€198,221 | €247,344 | +€445,565 | |
| Profit (loss) for the period to be appropriated | 9905 | -€198,221 | €247,344 | +€445,565 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.