GF BUILDING: 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.
GF BUILDING
Largest movements
- Tangible fixed assets +€7,065
up €7,065 (+3906.7%), from €181 to €7,246
of which Furniture and vehicles: +€7,168
- Receivables within one year -€6,334
down €6,334 (-72.1%), from €8,788 to €2,454
of which Trade receivables: -€6,480
- Stocks and contracts -€1,224
no longer reported in 2025 (was €1,224)
- Cash +€382
up €382 (+62.3%), from €613 to €995
mainly Net result for the year (+€6,398) and Receivables within one year (+€6,334)
- Deferred charges and accrued income +€235
new in 2025: €235
- Profit (loss) carried forward +€6,398
up €6,398, from -€956 to €5,442
- Tax, wage and social debts -€3,671
down €3,671 (-58.1%), from €6,320 to €2,649
of which Remuneration and social security: -€4,800
- Trade debts -€2,604
no longer reported in 2025 (was €2,604)
- Gross operating margin +€12,084
up €12,084, from -€1,558 to €10,526
- Depreciation +€1,782
up €1,782 (+1724.4%), from €103 to €1,885
- Taxes +€1,349
new in 2025: €1,349
- Other operating charges +€660
new in 2025: €660
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 | €10,806 | €10,929 | +€124 | +1.1% |
| Fixed assets | 21/28 | €181 | €7,246 | +€7,065 | +3906.7% |
| Tangible fixed assets | 22/27 | €181 | €7,246 | +€7,065 | +3906.7% |
| Plant, machinery and equipment | 23 | €181 | €78 | -€103 | -57.1% |
| Furniture and vehicles | 24 | - | €7,168 | +€7,168 | |
| Current assets | 29/58 | €10,625 | €3,684 | -€6,941 | -65.3% |
| Stocks and contracts in progress | 3 | €1,224 | - | -€1,224 | |
| Stocks | 30/36 | €1,224 | - | -€1,224 | |
| Amounts receivable within one year | 40/41 | €8,788 | €2,454 | -€6,334 | -72.1% |
| Trade receivables | 40 | €8,532 | €2,052 | -€6,480 | -75.9% |
| Other amounts receivable | 41 | €256 | €402 | +€146 | +57.0% |
| Cash at bank and in hand | 54/58 | €613 | €995 | +€382 | +62.3% |
| Deferred charges and accrued income | 490/1 | - | €235 | +€235 | |
| Total equity and liabilities | 10/49 | €10,806 | €10,929 | +€124 | +1.1% |
| Equity | 10/15 | €1,544 | €7,942 | +€6,398 | +414.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€956 | €5,442 | +€6,398 | |
| Amounts payable | 17/49 | €9,262 | €2,987 | -€6,275 | -67.7% |
| Amounts payable within one year | 42/48 | €9,262 | €2,987 | -€6,275 | -67.7% |
| Trade debts | 44 | €2,604 | - | -€2,604 | |
| Suppliers | 440/4 | €2,604 | - | -€2,604 | |
| Taxes, remuneration and social security | 45 | €6,320 | €2,649 | -€3,671 | -58.1% |
| Taxes | 450/3 | €220 | €1,349 | +€1,129 | +514.4% |
| Remuneration and social security | 454/9 | €6,100 | €1,300 | -€4,800 | -78.7% |
| Other amounts payable | 47/48 | €339 | €339 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103 | €1,885 | +€1,782 | +1724.4% |
| Other operating charges | 640/8 | - | €660 | +€660 | |
| Gross operating margin | 9900 | -€1,558 | €10,526 | +€12,084 | |
| Operating profit (loss) | 9901 | -€1,661 | €7,981 | +€9,642 | |
| Financial charges | 65/66B | €198 | €234 | +€36 | +18.2% |
| Recurring financial charges | 65 | €198 | €234 | +€36 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,859 | €7,747 | +€9,606 | |
| Income taxes | 67/77 | - | €1,349 | +€1,349 | |
| Profit (loss) for the period | 9904 | -€1,859 | €6,398 | +€8,257 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,859 | €6,398 | +€8,257 |
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.