GEE 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.
GEE CONSTRUCTION
Largest movements
- Receivables within one year -€37,399
down €37,399 (-99.9%), from €37,426 to €27
of which Trade receivables: -€37,381
- Cash -€10,987
down €10,987 (-42.4%), from €25,897 to €14,910
mainly Other debts (-€28,530) and Net result for the year (-€9,848)
- Other debts -€28,530
no longer reported in 2025 (was €28,530)
- Profit (loss) carried forward -€9,848
down €9,848, from €1,703 to -€8,145
- Tax, wage and social debts -€8,476
down €8,476 (-93.1%), from €9,100 to €624
- Trade debts -€1,654
down €1,654 (-23.1%), from €7,153 to €5,499
- Gross operating margin -€12,506
down €12,506, from €4,080 to -€8,426
- Staff costs -€651
down €651 (-54.6%), from €1,192 to €541
- Taxes -€616
no longer reported in 2025 (was €616)
- Other operating charges -€136
no longer reported in 2025 (was €136)
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 | €63,585 | €15,079 | -€48,507 | -76.3% |
| Current assets | 29/58 | €63,585 | €15,079 | -€48,507 | -76.3% |
| Amounts receivable within one year | 40/41 | €37,426 | €27 | -€37,399 | -99.9% |
| Trade receivables | 40 | €37,381 | - | -€37,381 | |
| Other amounts receivable | 41 | €45 | €27 | -€18 | -39.5% |
| Cash at bank and in hand | 54/58 | €25,897 | €14,910 | -€10,987 | -42.4% |
| Deferred charges and accrued income | 490/1 | €262 | €142 | -€121 | -46.0% |
| Total equity and liabilities | 10/49 | €63,585 | €15,079 | -€48,507 | -76.3% |
| Equity | 10/15 | €18,803 | €8,955 | -€9,848 | -52.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €4,700 | €4,700 | = | 0.0% |
| Distributable reserves | 133 | €4,700 | €4,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,703 | -€8,145 | -€9,848 | |
| Amounts payable | 17/49 | €44,783 | €6,124 | -€38,659 | -86.3% |
| Amounts payable within one year | 42/48 | €44,783 | €6,124 | -€38,659 | -86.3% |
| Trade debts | 44 | €7,153 | €5,499 | -€1,654 | -23.1% |
| Suppliers | 440/4 | €7,153 | €5,499 | -€1,654 | -23.1% |
| Taxes, remuneration and social security | 45 | €9,100 | €624 | -€8,476 | -93.1% |
| Taxes | 450/3 | €9,100 | €624 | -€8,476 | -93.1% |
| Other amounts payable | 47/48 | €28,530 | - | -€28,530 | |
| Non-recurring operating income | 76A | €10,730 | - | -€10,730 | |
| Remuneration, social security and pensions | 62 | €1,192 | €541 | -€651 | -54.6% |
| Other operating charges | 640/8 | €136 | - | -€136 | |
| Non-recurring operating charges | 66A | €433 | €826 | +€394 | +90.9% |
| Gross operating margin | 9900 | €4,080 | -€8,426 | -€12,506 | |
| Operating profit (loss) | 9901 | €2,318 | -€9,794 | -€12,112 | |
| Financial charges | 65/66B | €59 | €54 | -€5 | -7.7% |
| Recurring financial charges | 65 | €59 | €54 | -€5 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €2,260 | -€9,848 | -€12,108 | |
| Income taxes | 67/77 | €616 | - | -€616 | |
| Profit (loss) for the period | 9904 | €1,644 | -€9,848 | -€11,492 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,644 | -€9,848 | -€11,492 |
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 11 October 2026 via checked.be.