GDB CONSTRUCT: 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.
GDB CONSTRUCT
Largest movements
- Stocks and contracts -€3,417
down €3,417 (-100.0%), from €3,417 to €0
- Deferred charges and accrued income -€331
down €331 (-100.0%), from €331 to €0
- Trade debts -€6,479
down €6,479 (-79.4%), from €8,160 to €1,681
- Accrued charges and deferred income +€2,488
new in 2024: €2,488
- Tax, wage and social debts -€1,517
down €1,517 (-75.1%), from €2,022 to €504
- Profit (loss) carried forward +€1,267
up €1,267, from -€1,267 to €0
- Reserves +€490
up €490, from €0 to €490
- Gross operating margin +€5,293
up €5,293, from -€3,105 to €2,188
- Taxes +€186
up €186 (+515.0%), from €36 to €222
- Financial charges -€35
down €35 (-78.1%), from €44 to €10
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 | €13,915 | €10,163 | -€3,752 | -27.0% |
| Current assets | 29/58 | €13,915 | €10,163 | -€3,752 | -27.0% |
| Stocks and contracts in progress | 3 | €3,417 | €0 | -€3,417 | -100.0% |
| Stocks | 30/36 | €3,417 | €0 | -€3,417 | -100.0% |
| Amounts receivable within one year | 40/41 | €10,162 | €10,148 | -€14 | -0.1% |
| Trade receivables | 40 | - | €3,876 | +€3,876 | |
| Other amounts receivable | 41 | €10,162 | €6,271 | -€3,891 | -38.3% |
| Cash at bank and in hand | 54/58 | €5 | €15 | +€10 | +226.0% |
| Deferred charges and accrued income | 490/1 | €331 | €0 | -€331 | -100.0% |
| Total equity and liabilities | 10/49 | €13,915 | €10,163 | -€3,752 | -27.0% |
| Equity | 10/15 | €3,733 | €5,490 | +€1,756 | +47.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | €490 | +€490 | |
| Distributable reserves | 133 | €0 | €490 | +€490 | |
| Profit (loss) carried forward | 14 | -€1,267 | €0 | +€1,267 | |
| Amounts payable | 17/49 | €10,181 | €4,673 | -€5,509 | -54.1% |
| Amounts payable within one year | 42/48 | €10,181 | €2,185 | -€7,996 | -78.5% |
| Trade debts | 44 | €8,160 | €1,681 | -€6,479 | -79.4% |
| Suppliers | 440/4 | €8,160 | €1,681 | -€6,479 | -79.4% |
| Taxes, remuneration and social security | 45 | €2,022 | €504 | -€1,517 | -75.1% |
| Taxes | 450/3 | €2,022 | €504 | -€1,517 | -75.1% |
| Accrued charges and deferred income | 492/3 | - | €2,488 | +€2,488 | |
| Other operating charges | 640/8 | €224 | €199 | -€25 | -11.1% |
| Gross operating margin | 9900 | -€3,105 | €2,188 | +€5,293 | |
| Operating profit (loss) | 9901 | -€3,329 | €1,989 | +€5,318 | |
| Financial charges | 65/66B | €44 | €10 | -€35 | -78.1% |
| Recurring financial charges | 65 | €44 | €10 | -€35 | -78.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,373 | €1,979 | +€5,352 | |
| Income taxes | 67/77 | €36 | €222 | +€186 | +515.0% |
| Profit (loss) for the period | 9904 | -€3,410 | €1,756 | +€5,166 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,410 | €1,756 | +€5,166 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.