GETO CONSTRUCT: 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.
GETO CONSTRUCT
Largest movements
- Tangible fixed assets -€5,695
down €5,695 (-45.1%), from €12,626 to €6,931
of which Furniture and vehicles: -€4,087
- Cash -€1,301
down €1,301 (-74.0%), from €1,759 to €457
mainly Net result for the year (-€6,048) and Tax, wage and social debts (-€4,581)
- Receivables within one year +€736
up €736 (+1.7%), from €42,208 to €42,943
of which Trade receivables: +€664
- Reserves -€6,048
down €6,048 (-26.0%), from €23,248 to €17,201
of which Distributable reserves: -€6,048
- Tax, wage and social debts -€4,581
down €4,581 (-49.9%), from €9,178 to €4,596
- Other debts +€3,726
up €3,726 (+55.1%), from €6,767 to €10,492
- Trade debts +€1,008
up €1,008 (+49.6%), from €2,031 to €3,038
- Gross operating margin -€7,845
down €7,845 (-86.0%), from €9,122 to €1,277
- Other operating charges -€900
down €900 (-42.2%), from €2,134 to €1,234
- Taxes -€379
down €379 (-67.1%), from €565 to €186
- Depreciation +€208
up €208 (+3.8%), from €5,487 to €5,695
- Financial charges -€200
down €200 (-48.5%), from €412 to €212
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 | €58,557 | €52,662 | -€5,896 | -10.1% |
| Fixed assets | 21/28 | €12,626 | €6,931 | -€5,695 | -45.1% |
| Tangible fixed assets | 22/27 | €12,626 | €6,931 | -€5,695 | -45.1% |
| Land and buildings | 22 | €2,139 | €1,075 | -€1,064 | -49.7% |
| Plant, machinery and equipment | 23 | €2,177 | €1,633 | -€544 | -25.0% |
| Furniture and vehicles | 24 | €8,310 | €4,223 | -€4,087 | -49.2% |
| Current assets | 29/58 | €45,931 | €45,731 | -€201 | -0.4% |
| Amounts receivable within one year | 40/41 | €42,208 | €42,943 | +€736 | +1.7% |
| Trade receivables | 40 | €42,100 | €42,764 | +€664 | +1.6% |
| Other amounts receivable | 41 | €108 | €179 | +€71 | +66.4% |
| Cash at bank and in hand | 54/58 | €1,759 | €457 | -€1,301 | -74.0% |
| Deferred charges and accrued income | 490/1 | €1,965 | €2,330 | +€365 | +18.6% |
| Total equity and liabilities | 10/49 | €58,557 | €52,662 | -€5,896 | -10.1% |
| Equity | 10/15 | €40,582 | €34,535 | -€6,048 | -14.9% |
| Contributions | 10/11 | €17,334 | €17,334 | = | 0.0% |
| Reserves | 13 | €23,248 | €17,201 | -€6,048 | -26.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €21,248 | €15,201 | -€6,048 | -28.5% |
| Amounts payable | 17/49 | €17,975 | €18,127 | +€152 | +0.8% |
| Amounts payable within one year | 42/48 | €17,975 | €18,127 | +€152 | +0.8% |
| Trade debts | 44 | €2,031 | €3,038 | +€1,008 | +49.6% |
| Suppliers | 440/4 | €2,031 | €3,038 | +€1,008 | +49.6% |
| Taxes, remuneration and social security | 45 | €9,178 | €4,596 | -€4,581 | -49.9% |
| Taxes | 450/3 | €9,178 | €4,596 | -€4,581 | -49.9% |
| Other amounts payable | 47/48 | €6,767 | €10,492 | +€3,726 | +55.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,487 | €5,695 | +€208 | +3.8% |
| Other operating charges | 640/8 | €2,134 | €1,234 | -€900 | -42.2% |
| Gross operating margin | 9900 | €9,122 | €1,277 | -€7,845 | -86.0% |
| Operating profit (loss) | 9901 | €1,501 | -€5,652 | -€7,153 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +1,700% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +1,700% |
| Financial charges | 65/66B | €412 | €212 | -€200 | -48.5% |
| Recurring financial charges | 65 | €412 | €212 | -€200 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €1,090 | -€5,862 | -€6,951 | |
| Income taxes | 67/77 | €565 | €186 | -€379 | -67.1% |
| Profit (loss) for the period | 9904 | €524 | -€6,048 | -€6,572 | |
| Profit (loss) for the period to be appropriated | 9905 | €524 | -€6,048 | -€6,572 |
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.