GH 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.
GH CONSTRUCT
Largest movements
- Receivables within one year -€5,265
down €5,265 (-13.5%), from €38,980 to €33,715
of which Other amounts receivable: -€3,283
- Trade debts -€5,343
down €5,343 (-44.4%), from €12,041 to €6,698
of which Bills of exchange payable: -€4,404
- Profit (loss) carried forward +€552
up €552 (+2.0%), from €28,121 to €28,672
- Turnover -€28,137
down €28,137 (-29.5%), from €95,498 to €67,360
- Purchases and services -€23,725
down €23,725 (-27.1%), from €87,543 to €63,818
- Gross operating margin -€4,413
down €4,413 (-55.5%), from €7,954 to €3,542
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,007 | €37,917 | -€5,090 | -11.8% |
| Current assets | 29/58 | €43,007 | €37,917 | -€5,090 | -11.8% |
| Amounts receivable within one year | 40/41 | €38,980 | €33,715 | -€5,265 | -13.5% |
| Trade receivables | 40 | €27,956 | €25,975 | -€1,982 | -7.1% |
| Other amounts receivable | 41 | €11,024 | €7,740 | -€3,283 | -29.8% |
| Cash at bank and in hand | 54/58 | €4,027 | €4,202 | +€175 | +4.4% |
| Total equity and liabilities | 10/49 | €43,007 | €37,917 | -€5,090 | -11.8% |
| Equity | 10/15 | €28,121 | €28,672 | +€552 | +2.0% |
| Profit (loss) carried forward | 14 | €28,121 | €28,672 | +€552 | +2.0% |
| Amounts payable | 17/49 | €14,886 | €9,245 | -€5,641 | -37.9% |
| Amounts payable within one year | 42/48 | €14,886 | €9,245 | -€5,641 | -37.9% |
| Trade debts | 44 | €12,041 | €6,698 | -€5,343 | -44.4% |
| Suppliers | 440/4 | €1,007 | €68 | -€940 | -93.3% |
| Bills of exchange payable | 441 | €11,034 | €6,630 | -€4,404 | -39.9% |
| Taxes, remuneration and social security | 45 | €2,845 | €2,547 | -€298 | -10.5% |
| Taxes | 450/3 | €2,845 | €2,547 | -€298 | -10.5% |
| Turnover | 70 | €95,498 | €67,360 | -€28,137 | -29.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €87,543 | €63,818 | -€23,725 | -27.1% |
| Other operating charges | 640/8 | €975 | €1,440 | +€465 | +47.7% |
| Gross operating margin | 9900 | €7,954 | €3,542 | -€4,413 | -55.5% |
| Operating profit (loss) | 9901 | €6,979 | €2,102 | -€4,878 | -69.9% |
| Financial charges | 65/66B | €824 | €591 | -€233 | -28.2% |
| Recurring financial charges | 65 | €824 | €591 | -€233 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €6,155 | €1,510 | -€4,645 | -75.5% |
| Income taxes | 67/77 | €1,908 | €959 | -€950 | -49.8% |
| Profit (loss) for the period | 9904 | €4,247 | €552 | -€3,695 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,247 | €552 | -€3,695 | -87.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.