GMARRA 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.
GMARRA CONSTRUCTION
Largest movements
- Cash -€14,643
down €14,643 (-85.3%), from €17,158 to €2,515
mainly Net result for the year (-€17,892) and Tax, wage and social debts (-€3,461)
- Tangible fixed assets -€399
down €399 (-25.3%), from €1,580 to €1,181
- Profit (loss) carried forward -€17,892
down €17,892, from €8,006 to -€9,886
- Other debts +€5,400
new in 2025: €5,400
- Tax, wage and social debts -€3,461
down €3,461 (-60.4%), from €5,733 to €2,272
- Trade debts +€911
new in 2025: €911
- Gross operating margin -€20,676
down €20,676, from €4,021 to -€16,655
- Taxes -€926
down €926, from €707 to -€220
- Staff costs -€749
down €749 (-100.0%), from €749 to €0
- Depreciation +€383
up €383 (+2333.9%), from €16 to €399
- Other operating charges +€260
up €260 (+35.4%), from €735 to €995
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.
Cash bridge derived
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 | €18,739 | €3,696 | -€15,042 | -80.3% |
| Fixed assets | 21/28 | €1,580 | €1,181 | -€399 | -25.3% |
| Tangible fixed assets | 22/27 | €1,580 | €1,181 | -€399 | -25.3% |
| Furniture and vehicles | 24 | €1,580 | €1,181 | -€399 | -25.3% |
| Current assets | 29/58 | €17,158 | €2,515 | -€14,643 | -85.3% |
| Cash at bank and in hand | 54/58 | €17,158 | €2,515 | -€14,643 | -85.3% |
| Total equity and liabilities | 10/49 | €18,739 | €3,696 | -€15,042 | -80.3% |
| Equity | 10/15 | €13,006 | -€4,886 | -€17,892 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,006 | -€9,886 | -€17,892 | |
| Amounts payable | 17/49 | €5,733 | €8,582 | +€2,850 | +49.7% |
| Amounts payable within one year | 42/48 | €5,733 | €8,582 | +€2,850 | +49.7% |
| Trade debts | 44 | - | €911 | +€911 | |
| Suppliers | 440/4 | - | €911 | +€911 | |
| Taxes, remuneration and social security | 45 | €5,733 | €2,272 | -€3,461 | -60.4% |
| Taxes | 450/3 | €5,733 | €2,272 | -€3,461 | -60.4% |
| Other amounts payable | 47/48 | - | €5,400 | +€5,400 | |
| Remuneration, social security and pensions | 62 | €749 | €0 | -€749 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16 | €399 | +€383 | +2333.9% |
| Other operating charges | 640/8 | €735 | €995 | +€260 | +35.4% |
| Gross operating margin | 9900 | €4,021 | -€16,655 | -€20,676 | |
| Operating profit (loss) | 9901 | €2,520 | -€18,049 | -€20,570 | |
| Financial charges | 65/66B | €97 | €62 | -€35 | -35.7% |
| Recurring financial charges | 65 | €97 | €62 | -€35 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €2,423 | -€18,112 | -€20,535 | |
| Income taxes | 67/77 | €707 | -€220 | -€926 | |
| Profit (loss) for the period | 9904 | €1,717 | -€17,892 | -€19,609 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,717 | -€17,892 | -€19,609 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.