Gio 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.
Gio Construct
Largest movements
- Receivables within one year +€47,045
up €47,045 (+141%), from €33,402 to €80,448
of which Other amounts receivable: +€68,971
- Tangible fixed assets -€7,289
down €7,289 (-50.7%), from €14,381 to €7,092
of which Plant, machinery and equipment: -€5,485
- Cash -€3,361
down €3,361 (-100%), from €3,361 to €0
mainly Receivables within one year (-€47,045) and Trade debts (-€23,540)
- Trade debts -€23,540
down €23,540 (-71.8%), from €32,782 to €9,242
- Other debts +€16,563
new in 2024: €16,563
- Short-term financial debts +€9,853
up €9,853, from €0 to €9,853
- Reserves +€9,313
up €9,313 (+215%), from €4,340 to €13,653
of which Distributable reserves: +€11,172
- Debts after one year +€8,607
up €8,607, from €0 to €8,607
- Gross operating margin +€20,073
up €20,073 (+26.6%), from €75,402 to €95,475
- Other operating charges +€6,419
up €6,419 (+5,650%), from €114 to €6,532
- Taxes +€4,589
up €4,589 (+901%), from €509 to €5,098
- Financial charges +€2,718
up €2,718 (+52.7%), from €5,159 to €7,878
- Depreciation -€1,330
down €1,330 (-12.8%), from €10,385 to €9,055
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.
Derived cash bridge
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 | €51,182 | €87,539 | +€36,357 | +71.0% |
| Fixed assets | 21/28 | €14,381 | €7,092 | -€7,289 | -50.7% |
| Tangible fixed assets | 22/27 | €14,381 | €7,092 | -€7,289 | -50.7% |
| Plant, machinery and equipment | 23 | €10,460 | €4,975 | -€5,485 | -52.4% |
| Furniture and vehicles | 24 | €3,921 | €2,117 | -€1,804 | -46.0% |
| Current assets | 29/58 | €36,801 | €80,448 | +€43,646 | +119% |
| Amounts receivable within one year | 40/41 | €33,402 | €80,448 | +€47,045 | +141% |
| Trade receivables | 40 | €21,926 | €0 | -€21,926 | -100% |
| Other amounts receivable | 41 | €11,476 | €80,448 | +€68,971 | +601% |
| Cash at bank and in hand | 54/58 | €3,361 | €0 | -€3,361 | -100% |
| Deferred charges and accrued income | 490/1 | €38 | €0 | -€38 | -100% |
| Total equity and liabilities | 10/49 | €51,182 | €87,539 | +€36,357 | +71.0% |
| Equity | 10/15 | €16,740 | €27,912 | +€11,172 | +66.7% |
| Contributions | 10/11 | €12,400 | €14,259 | +€1,859 | +15.0% |
| Reserves | 13 | €4,340 | €13,653 | +€9,313 | +215% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €2,481 | €13,653 | +€11,172 | +450% |
| Amounts payable | 17/49 | €34,441 | €59,627 | +€25,186 | +73.1% |
| Amounts payable after more than one year | 17 | €0 | €8,607 | +€8,607 | |
| Financial debts | 170/4 | €0 | €8,607 | +€8,607 | |
| Amounts payable within one year | 42/48 | €34,441 | €51,020 | +€16,578 | +48.1% |
| Current portion of amounts payable after more than one year | 42 | €1,150 | €6,834 | +€5,685 | +495% |
| Financial debts | 43 | €0 | €9,853 | +€9,853 | |
| Credit institutions | 430/8 | €0 | €9,853 | +€9,853 | |
| Trade debts | 44 | €32,782 | €9,242 | -€23,540 | -71.8% |
| Suppliers | 440/4 | €32,782 | €9,242 | -€23,540 | -71.8% |
| Advances received on contracts in progress | 46 | - | €750 | +€750 | |
| Taxes, remuneration and social security | 45 | €509 | €7,777 | +€7,268 | +1,427% |
| Taxes | 450/3 | €509 | €7,777 | +€7,268 | +1,427% |
| Other amounts payable | 47/48 | - | €16,563 | +€16,563 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €56,958 | €55,741 | -€1,217 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,385 | €9,055 | -€1,330 | -12.8% |
| Other operating charges | 640/8 | €114 | €6,532 | +€6,419 | +5,650% |
| Gross operating margin | 9900 | €75,402 | €95,475 | +€20,073 | +26.6% |
| Operating profit (loss) | 9901 | €7,947 | €24,147 | +€16,201 | +204% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €5,159 | €7,878 | +€2,718 | +52.7% |
| Recurring financial charges | 65 | €5,159 | €7,878 | +€2,718 | +52.7% |
| Profit (loss) for the period before taxes | 9903 | €2,787 | €16,270 | +€13,482 | +484% |
| Income taxes | 67/77 | €509 | €5,098 | +€4,589 | +901% |
| Profit (loss) for the period | 9904 | €2,278 | €11,172 | +€8,894 | +390% |
| Profit (loss) for the period to be appropriated | 9905 | €2,278 | €11,172 | +€8,894 | +390% |
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 15 October 2026 via checked.be.