GGL ALGEMENE BOUWONDERNEMING: 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.
GGL ALGEMENE BOUWONDERNEMING
Largest movements
- Stocks and contracts +€322,067
new in 2025: €322,067
- Cash -€41,313
down €41,313 (-68.9%), from €59,919 to €18,606
mainly Stocks and contracts (-€322,067) and Net result for the year (-€16,153)
- Tangible fixed assets -€4,169
down €4,169 (-24.1%), from €17,290 to €13,121
of which Plant, machinery and equipment: -€3,606
- Receivables within one year -€4,119
down €4,119 (-49.5%), from €8,325 to €4,206
- Other debts +€280,026
up €280,026 (+1,831%), from €15,294 to €295,320
- Profit (loss) carried forward -€16,153
down €16,153 (-54.3%), from -€29,761 to -€45,914
- Trade debts +€8,679
new in 2025: €8,679
- Gross operating margin -€8,498
down €8,498 (-264%), from -€3,214 to -€11,711
- Depreciation +€1,237
up €1,237 (+42.2%), from €2,932 to €4,169
- Other operating charges +€151
up €151 (+297%), from €51 to €202
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 | €85,533 | €358,085 | +€272,552 | +319% |
| Fixed assets | 21/28 | €17,290 | €13,121 | -€4,169 | -24.1% |
| Tangible fixed assets | 22/27 | €17,290 | €13,121 | -€4,169 | -24.1% |
| Plant, machinery and equipment | 23 | €15,051 | €11,445 | -€3,606 | -24.0% |
| Furniture and vehicles | 24 | €2,238 | €1,675 | -€563 | -25.1% |
| Current assets | 29/58 | €68,244 | €344,965 | +€276,721 | +405% |
| Stocks and contracts in progress | 3 | - | €322,067 | +€322,067 | |
| Stocks | 30/36 | - | €322,067 | +€322,067 | |
| Amounts receivable within one year | 40/41 | €8,325 | €4,206 | -€4,119 | -49.5% |
| Other amounts receivable | 41 | €8,325 | €4,206 | -€4,119 | -49.5% |
| Cash at bank and in hand | 54/58 | €59,919 | €18,606 | -€41,313 | -68.9% |
| Deferred charges and accrued income | 490/1 | - | €86 | +€86 | |
| Total equity and liabilities | 10/49 | €85,533 | €358,085 | +€272,552 | +319% |
| Equity | 10/15 | €70,239 | €54,086 | -€16,153 | -23.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,761 | -€45,914 | -€16,153 | -54.3% |
| Amounts payable | 17/49 | €15,294 | €303,999 | +€288,705 | +1,888% |
| Amounts payable within one year | 42/48 | €15,294 | €303,999 | +€288,705 | +1,888% |
| Trade debts | 44 | - | €8,679 | +€8,679 | |
| Suppliers | 440/4 | - | €8,679 | +€8,679 | |
| Other amounts payable | 47/48 | €15,294 | €295,320 | +€280,026 | +1,831% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,932 | €4,169 | +€1,237 | +42.2% |
| Other operating charges | 640/8 | €51 | €202 | +€151 | +297% |
| Gross operating margin | 9900 | -€3,214 | -€11,711 | -€8,498 | -264% |
| Operating profit (loss) | 9901 | -€6,196 | -€16,082 | -€9,886 | -160% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €84 | €71 | -€13 | -15.5% |
| Recurring financial charges | 65 | €84 | €71 | -€13 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,280 | -€16,153 | -€9,873 | -157% |
| Profit (loss) for the period | 9904 | -€6,280 | -€16,153 | -€9,873 | -157% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,280 | -€16,153 | -€9,873 | -157% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.