GFP 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.
GFP CONSTRUCTION
Largest movements
- Receivables within one year +€43,652
up €43,652 (+637.4%), from €6,848 to €50,500
of which Trade receivables: +€45,354
- Cash -€1,110
down €1,110 (-6.2%), from €18,034 to €16,924
mainly Receivables within one year (-€43,652)
- Debts within one year +€39,215
up €39,215 (+987.5%), from €3,971 to €43,186
of which Trade debts: +€37,253
- Profit (loss) carried forward +€3,327
up €3,327 (+15.9%), from €20,911 to €24,238
- Turnover +€446,664
new in 2021: €446,664
- Purchases and services +€439,650
new in 2021: €439,650
- Gross operating margin -€24,754
down €24,754 (-77.9%), from €31,769 to €7,015
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,882 | €67,424 | +€42,542 | +171.0% |
| Current assets | 29/58 | €24,882 | €67,424 | +€42,542 | +171.0% |
| Amounts receivable within one year | 40/41 | €6,848 | €50,500 | +€43,652 | +637.4% |
| Trade receivables | 40 | - | €45,354 | +€45,354 | |
| Other amounts receivable | 41 | - | €5,146 | +€5,146 | |
| Cash at bank and in hand | 54/58 | €18,034 | €16,924 | -€1,110 | -6.2% |
| Total equity and liabilities | 10/49 | €24,882 | €67,424 | +€42,542 | +171.0% |
| Equity | 10/15 | €20,911 | €24,238 | +€3,327 | +15.9% |
| Profit (loss) carried forward | 14 | €20,911 | €24,238 | +€3,327 | +15.9% |
| Amounts payable | 17/49 | €3,971 | €43,186 | +€39,215 | +987.5% |
| Amounts payable within one year | 42/48 | €3,971 | €43,186 | +€39,215 | +987.5% |
| Trade debts | 44 | - | €37,253 | +€37,253 | |
| Suppliers | 440/4 | - | €37,253 | +€37,253 | |
| Taxes, remuneration and social security | 45 | - | €5,933 | +€5,933 | |
| Taxes | 450/3 | - | €5,933 | +€5,933 | |
| Turnover | 70 | - | €446,664 | +€446,664 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €439,650 | +€439,650 | |
| Gross operating margin | 9900 | €31,769 | €7,015 | -€24,754 | -77.9% |
| Operating profit (loss) | 9901 | €29,924 | €7,015 | -€22,909 | -76.6% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | - | €559 | +€559 | |
| Recurring financial charges | 65 | €2,043 | €89 | -€1,954 | -95.7% |
| Non-recurring financial charges | 66B | - | €470 | +€470 | |
| Profit (loss) for the period before taxes | 9903 | €27,881 | €6,458 | -€21,423 | -76.8% |
| Income taxes | 67/77 | €6,970 | €3,131 | -€3,839 | -55.1% |
| Profit (loss) for the period | 9904 | €20,911 | €3,327 | -€17,584 | -84.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,911 | €3,327 | -€17,584 | -84.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.