GG19 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.
GG19 CONSTRUCT
Largest movements
- Cash +€17,629
up €17,629 (+372%), from €4,737 to €22,366
mainly Trade debts (+€19,827) and Net result for the year (+€12,973)
- Receivables within one year +€14,542
up €14,542 (+47.4%), from €30,683 to €45,225
of which Trade receivables: +€19,004
- Tangible fixed assets -€3,112
down €3,112 (-82.2%), from €3,787 to €675
of which Furniture and vehicles: -€2,502
- Trade debts +€19,827
up €19,827 (+290%), from €6,848 to €26,675
- Profit (loss) carried forward +€12,973
up €12,973 (+159%), from €8,171 to €21,144
- Tax, wage and social debts -€3,741
down €3,741 (-64.3%), from €5,820 to €2,079
of which Taxes: -€5,241
- Purchases and services -€52,472
no longer reported in 2023 (was €52,472)
- Depreciation -€4,833
down €4,833 (-60.8%), from €7,945 to €3,112
- Gross operating margin -€1,803
down €1,803 (-10.0%), from €18,006 to €16,203
- Financial income +€697
new in 2023: €697
of which Financial income: +€697
- Taxes -€440
down €440 (-76.4%), from €576 to €136
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,439 | €68,498 | +€29,059 | +73.7% |
| Fixed assets | 21/28 | €4,019 | €907 | -€3,112 | -77.4% |
| Tangible fixed assets | 22/27 | €3,787 | €675 | -€3,112 | -82.2% |
| Plant, machinery and equipment | 23 | €610 | €0 | -€610 | -100% |
| Furniture and vehicles | 24 | €3,177 | €675 | -€2,502 | -78.8% |
| Financial fixed assets | 28 | €232 | €232 | = | 0.0% |
| Current assets | 29/58 | €35,420 | €67,592 | +€32,172 | +90.8% |
| Amounts receivable within one year | 40/41 | €30,683 | €45,225 | +€14,542 | +47.4% |
| Trade receivables | 40 | €6,465 | €25,469 | +€19,004 | +294% |
| Other amounts receivable | 41 | €24,218 | €19,757 | -€4,461 | -18.4% |
| Cash at bank and in hand | 54/58 | €4,737 | €22,366 | +€17,629 | +372% |
| Total equity and liabilities | 10/49 | €39,439 | €68,498 | +€29,059 | +73.7% |
| Equity | 10/15 | €26,771 | €39,744 | +€12,973 | +48.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,171 | €21,144 | +€12,973 | +159% |
| Amounts payable | 17/49 | €12,668 | €28,755 | +€16,087 | +127% |
| Amounts payable within one year | 42/48 | €12,668 | €28,755 | +€16,087 | +127% |
| Trade debts | 44 | €6,848 | €26,675 | +€19,827 | +290% |
| Suppliers | 440/4 | €6,848 | €26,675 | +€19,827 | +290% |
| Taxes, remuneration and social security | 45 | €5,820 | €2,079 | -€3,741 | -64.3% |
| Taxes | 450/3 | €5,820 | €579 | -€5,241 | -90.0% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €52,472 | - | -€52,472 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,945 | €3,112 | -€4,833 | -60.8% |
| Other operating charges | 640/8 | €422 | €518 | +€96 | +22.8% |
| Gross operating margin | 9900 | €18,006 | €16,203 | -€1,803 | -10.0% |
| Operating profit (loss) | 9901 | €9,639 | €12,572 | +€2,933 | +30.4% |
| Financial income | 75/76B | - | €697 | +€697 | |
| Recurring financial income | 75 | - | €697 | +€697 | |
| Non-recurring financial income | 76B | - | €697 | +€697 | |
| Financial charges | 65/66B | €179 | €161 | -€18 | -10.1% |
| Recurring financial charges | 65 | €179 | €161 | -€18 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €9,460 | €13,109 | +€3,649 | +38.6% |
| Income taxes | 67/77 | €576 | €136 | -€440 | -76.4% |
| Profit (loss) for the period | 9904 | €8,884 | €12,973 | +€4,089 | +46.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,884 | €12,973 | +€4,089 | +46.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.