GCS DAKWERKEN: 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.
GCS DAKWERKEN
Largest movements
- Receivables within one year -€76,368
down €76,368 (-69.4%), from €110,105 to €33,737
of which Trade receivables: -€60,692
- Cash +€50,620
up €50,620 (+51.6%), from €98,130 to €148,750
mainly Receivables within one year (+€76,368) and Net result for the year (+€31,019)
- Tangible fixed assets +€9,357
up €9,357 (+67.6%), from €13,841 to €23,198
of which Furniture and vehicles: +€7,543
- Trade debts -€29,596
down €29,596 (-64.9%), from €45,584 to €15,988
- Reserves +€9,352
up €9,352 (+5.0%), from €187,669 to €197,021
- Tax, wage and social debts +€3,880
up €3,880 (+322%), from €1,205 to €5,085
of which Remuneration and social security: +€4,962
- Gross operating margin +€31,456
up €31,456 (+171%), from €18,438 to €49,894
- Taxes +€7,597
up €7,597 (+161%), from €4,705 to €12,302
- Depreciation +€1,187
up €1,187 (+29.2%), from €4,062 to €5,249
- Financial charges +€827
up €827 (+1,546%), from €54 to €881
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 | €240,658 | €224,294 | -€16,364 | -6.8% |
| Fixed assets | 21/28 | €13,841 | €23,198 | +€9,357 | +67.6% |
| Tangible fixed assets | 22/27 | €13,841 | €23,198 | +€9,357 | +67.6% |
| Land and buildings | 22 | €3,566 | €2,019 | -€1,547 | -43.4% |
| Plant, machinery and equipment | 23 | €3,932 | €7,293 | +€3,361 | +85.5% |
| Furniture and vehicles | 24 | €6,343 | €13,886 | +€7,543 | +119% |
| Current assets | 29/58 | €226,818 | €201,096 | -€25,722 | -11.3% |
| Stocks and contracts in progress | 3 | €16,946 | €16,289 | -€656 | -3.9% |
| Stocks | 30/36 | €16,946 | €16,289 | -€656 | -3.9% |
| Amounts receivable within one year | 40/41 | €110,105 | €33,737 | -€76,368 | -69.4% |
| Trade receivables | 40 | €84,916 | €24,225 | -€60,692 | -71.5% |
| Other amounts receivable | 41 | €25,189 | €9,513 | -€15,676 | -62.2% |
| Cash at bank and in hand | 54/58 | €98,130 | €148,750 | +€50,620 | +51.6% |
| Deferred charges and accrued income | 490/1 | €1,637 | €2,319 | +€682 | +41.7% |
| Total equity and liabilities | 10/49 | €240,658 | €224,294 | -€16,364 | -6.8% |
| Equity | 10/15 | €193,869 | €203,221 | +€9,352 | +4.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €187,669 | €197,021 | +€9,352 | +5.0% |
| Distributable reserves | 133 | €187,669 | €197,021 | +€9,352 | +5.0% |
| Amounts payable | 17/49 | €46,789 | €21,073 | -€25,716 | -55.0% |
| Amounts payable within one year | 42/48 | €46,789 | €21,073 | -€25,716 | -55.0% |
| Trade debts | 44 | €45,584 | €15,988 | -€29,596 | -64.9% |
| Suppliers | 440/4 | €45,584 | €15,988 | -€29,596 | -64.9% |
| Taxes, remuneration and social security | 45 | €1,205 | €5,085 | +€3,880 | +322% |
| Taxes | 450/3 | €1,205 | €123 | -€1,082 | -89.8% |
| Remuneration and social security | 454/9 | - | €4,962 | +€4,962 | |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,062 | €5,249 | +€1,187 | +29.2% |
| Other operating charges | 640/8 | €941 | €990 | +€50 | +5.3% |
| Gross operating margin | 9900 | €18,438 | €49,894 | +€31,456 | +171% |
| Operating profit (loss) | 9901 | €13,435 | €43,654 | +€30,219 | +225% |
| Financial income | 75/76B | €834 | €547 | -€287 | -34.4% |
| Recurring financial income | 75 | €834 | €547 | -€287 | -34.4% |
| Financial charges | 65/66B | €54 | €881 | +€827 | +1,546% |
| Recurring financial charges | 65 | €54 | €881 | +€827 | +1,546% |
| Profit (loss) for the period before taxes | 9903 | €14,216 | €43,321 | +€29,105 | +205% |
| Income taxes | 67/77 | €4,705 | €12,302 | +€7,597 | +161% |
| Profit (loss) for the period | 9904 | €9,511 | €31,019 | +€21,508 | +226% |
| Profit (loss) for the period to be appropriated | 9905 | €9,511 | €31,019 | +€21,508 | +226% |
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 28 October 2026 via checked.be.