GENERAL CONSTRUCT COMPANY: 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.
GENERAL CONSTRUCT COMPANY
Largest movements
- Receivables within one year +€68,985
up €68,985 (+48.5%), from €142,372 to €211,357
of which Trade receivables: +€69,026
- Tangible fixed assets +€58,167
up €58,167 (+100.8%), from €57,713 to €115,880
of which Furniture and vehicles: +€60,961
- Cash -€29,081
down €29,081 (-35.4%), from €82,035 to €52,954
mainly Investment in fixed assets (net) (-€93,563) and Receivables within one year (-€68,985)
- Debts after one year +€37,868
up €37,868 (+265.0%), from €14,289 to €52,157
- Profit (loss) carried forward +€25,391
up €25,391 (+13.0%), from €195,506 to €220,897
- Trade debts +€23,679
up €23,679 (+52.4%), from €45,191 to €68,870
- Current portion of long-term debt +€9,086
up €9,086 (+65.9%), from €13,791 to €22,877
- Gross operating margin +€17,305
up €17,305 (+30.0%), from €57,618 to €74,923
- Depreciation +€16,065
up €16,065 (+83.1%), from €19,331 to €35,396
- Other operating charges -€6,920
down €6,920 (-86.4%), from €8,009 to €1,089
- Financial charges +€2,323
up €2,323 (+154.5%), from €1,504 to €3,827
- Taxes +€1,852
up €1,852 (+25.1%), from €7,368 to €9,220
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 | €284,477 | €382,251 | +€97,774 | +34.4% |
| Fixed assets | 21/28 | €57,713 | €115,880 | +€58,167 | +100.8% |
| Tangible fixed assets | 22/27 | €57,713 | €115,880 | +€58,167 | +100.8% |
| Plant, machinery and equipment | 23 | €25,592 | €22,798 | -€2,794 | -10.9% |
| Furniture and vehicles | 24 | €32,121 | €93,082 | +€60,961 | +189.8% |
| Current assets | 29/58 | €226,764 | €266,371 | +€39,607 | +17.5% |
| Amounts receivable within one year | 40/41 | €142,372 | €211,357 | +€68,985 | +48.5% |
| Trade receivables | 40 | €120,415 | €189,441 | +€69,026 | +57.3% |
| Other amounts receivable | 41 | €21,957 | €21,916 | -€41 | -0.2% |
| Cash at bank and in hand | 54/58 | €82,035 | €52,954 | -€29,081 | -35.4% |
| Deferred charges and accrued income | 490/1 | €2,357 | €2,060 | -€297 | -12.6% |
| Total equity and liabilities | 10/49 | €284,477 | €382,251 | +€97,774 | +34.4% |
| Equity | 10/15 | €204,706 | €230,097 | +€25,391 | +12.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €195,506 | €220,897 | +€25,391 | +13.0% |
| Amounts payable | 17/49 | €79,771 | €152,154 | +€72,383 | +90.7% |
| Amounts payable after more than one year | 17 | €14,289 | €52,157 | +€37,868 | +265.0% |
| Financial debts | 170/4 | €14,289 | €52,157 | +€37,868 | +265.0% |
| Amounts payable within one year | 42/48 | €65,482 | €99,997 | +€34,515 | +52.7% |
| Current portion of amounts payable after more than one year | 42 | €13,791 | €22,877 | +€9,086 | +65.9% |
| Trade debts | 44 | €45,191 | €68,870 | +€23,679 | +52.4% |
| Suppliers | 440/4 | €45,191 | €68,870 | +€23,679 | +52.4% |
| Taxes, remuneration and social security | 45 | €6,500 | €8,250 | +€1,750 | +26.9% |
| Taxes | 450/3 | €6,500 | €8,250 | +€1,750 | +26.9% |
| Non-recurring operating income | 76A | €1,800 | - | -€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,331 | €35,396 | +€16,065 | +83.1% |
| Other operating charges | 640/8 | €8,009 | €1,089 | -€6,920 | -86.4% |
| Gross operating margin | 9900 | €57,618 | €74,923 | +€17,305 | +30.0% |
| Operating profit (loss) | 9901 | €30,278 | €38,438 | +€8,160 | +27.0% |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €1,504 | €3,827 | +€2,323 | +154.5% |
| Recurring financial charges | 65 | €1,504 | €3,827 | +€2,323 | +154.5% |
| Profit (loss) for the period before taxes | 9903 | €28,808 | €34,611 | +€5,803 | +20.1% |
| Income taxes | 67/77 | €7,368 | €9,220 | +€1,852 | +25.1% |
| Profit (loss) for the period | 9904 | €21,440 | €25,391 | +€3,951 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,440 | €25,391 | +€3,951 | +18.4% |
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 10 October 2026 via checked.be.