GEA CONSTRUCTION: 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.
GEA CONSTRUCTION
Largest movements
- Cash -€63,996
down €63,996 (-13.5%), from €474,373 to €410,378
mainly Net result for the year (-€55,125) and Receivables within one year (-€30,738)
- Receivables within one year +€30,738
up €30,738 (+481%), from €6,389 to €37,126
of which Other amounts receivable: +€25,928
- Tangible fixed assets -€20,371
down €20,371 (-8.4%), from €243,074 to €222,703
of which Land and buildings: -€18,459
- Reserves -€55,125
down €55,125 (-7.7%), from €713,003 to €657,878
of which Distributable reserves: -€52,881
- Gross operating margin +€116,679
up €116,679 (+79.6%), from -€146,669 to -€29,990
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 | €802,614 | €747,145 | -€55,469 | -6.9% |
| Fixed assets | 21/28 | €253,209 | €232,838 | -€20,371 | -8.0% |
| Tangible fixed assets | 22/27 | €243,074 | €222,703 | -€20,371 | -8.4% |
| Land and buildings | 22 | €239,877 | €221,418 | -€18,459 | -7.7% |
| Plant, machinery and equipment | 23 | €3,197 | €1,286 | -€1,912 | -59.8% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €10,135 | €10,135 | = | 0.0% |
| Current assets | 29/58 | €549,405 | €514,307 | -€35,098 | -6.4% |
| Stocks and contracts in progress | 3 | €66,803 | €66,803 | = | 0.0% |
| Contracts in progress | 37 | €66,803 | €66,803 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,389 | €37,126 | +€30,738 | +481% |
| Trade receivables | 40 | €768 | €5,577 | +€4,809 | +626% |
| Other amounts receivable | 41 | €5,621 | €31,549 | +€25,928 | +461% |
| Cash at bank and in hand | 54/58 | €474,373 | €410,378 | -€63,996 | -13.5% |
| Deferred charges and accrued income | 490/1 | €1,840 | - | -€1,840 | |
| Total equity and liabilities | 10/49 | €802,614 | €747,145 | -€55,469 | -6.9% |
| Equity | 10/15 | €775,003 | €719,878 | -€55,125 | -7.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | - | €62,000 | +€62,000 | |
| Issued capital | 100 | - | €62,000 | +€62,000 | |
| Contributions outside capital | 11 | - | €0 | = | |
| Other | 1109/19 | - | €0 | = | |
| Reserves | 13 | €713,003 | €657,878 | -€55,125 | -7.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,708 | €13,464 | -€2,244 | -14.3% |
| Distributable reserves | 133 | €691,095 | €638,214 | -€52,881 | -7.7% |
| Provisions and deferred taxes | 16 | €8,092 | €6,936 | -€1,156 | -14.3% |
| Deferred taxes | 168 | €8,092 | €6,936 | -€1,156 | -14.3% |
| Amounts payable | 17/49 | €19,520 | €20,331 | +€812 | +4.2% |
| Amounts payable within one year | 42/48 | €19,520 | €20,331 | +€812 | +4.2% |
| Trade debts | 44 | €11,846 | €13,307 | +€1,461 | +12.3% |
| Suppliers | 440/4 | €11,846 | €13,307 | +€1,461 | +12.3% |
| Taxes, remuneration and social security | 45 | - | €2,351 | +€2,351 | |
| Taxes | 450/3 | - | €2,351 | +€2,351 | |
| Other amounts payable | 47/48 | €7,674 | €4,673 | -€3,000 | -39.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,371 | €20,371 | = | 0.0% |
| Other operating charges | 640/8 | €6,481 | €6,270 | -€212 | -3.3% |
| Gross operating margin | 9900 | -€146,669 | -€29,990 | +€116,679 | +79.6% |
| Operating profit (loss) | 9901 | -€173,521 | -€56,631 | +€116,890 | +67.4% |
| Financial income | 75/76B | €1,488 | €466 | -€1,022 | -68.7% |
| Recurring financial income | 75 | €1,488 | €466 | -€1,022 | -68.7% |
| Financial charges | 65/66B | €170 | €116 | -€54 | -31.8% |
| Recurring financial charges | 65 | €170 | €116 | -€54 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | -€172,203 | -€56,281 | +€115,922 | +67.3% |
| Transfer from deferred taxes | 780 | €1,156 | €1,156 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€171,047 | -€55,125 | +€115,922 | +67.8% |
| Transfer from tax-exempt reserves | 789 | €2,244 | €2,244 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€168,803 | -€52,881 | +€115,922 | +68.7% |
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 14 October 2026 via checked.be.