GMP-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.
GMP-CONSTRUCT
Largest movements
- Receivables within one year +€28,433
up €28,433 (+14732.1%), from €193 to €28,626
of which Trade receivables: +€18,500
- Cash +€20,331
up €20,331 (+1023.7%), from €1,986 to €22,317
mainly Net result for the year (+€34,405) and Tax, wage and social debts (+€16,201)
- Tangible fixed assets +€2,250
new in 2025: €2,250
- Reserves +€34,552
new in 2025: €34,552
- Tax, wage and social debts +€16,201
up €16,201 (+2177.6%), from €744 to €16,945
- Turnover +€262,988
up €262,988 (+393.7%), from €66,802 to €329,790
- Purchases and services +€213,195
up €213,195 (+340.4%), from €62,623 to €275,818
- Gross operating margin +€49,794
up €49,794 (+1191.5%), from €4,179 to €53,973
- Taxes +€15,188
up €15,188 (+1399.8%), from €1,085 to €16,273
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 | €3,088 | €53,694 | +€50,606 | +1638.8% |
| Fixed assets | 21/28 | €909 | €2,751 | +€1,842 | +202.6% |
| Intangible fixed assets | 21 | €909 | €501 | -€408 | -44.9% |
| Tangible fixed assets | 22/27 | - | €2,250 | +€2,250 | |
| Plant, machinery and equipment | 23 | - | €2,250 | +€2,250 | |
| Current assets | 29/58 | €2,179 | €50,943 | +€48,764 | +2237.9% |
| Amounts receivable within one year | 40/41 | €193 | €28,626 | +€28,433 | +14732.1% |
| Trade receivables | 40 | - | €18,500 | +€18,500 | |
| Other amounts receivable | 41 | €193 | €10,126 | +€9,933 | +5146.6% |
| Cash at bank and in hand | 54/58 | €1,986 | €22,317 | +€20,331 | +1023.7% |
| Total equity and liabilities | 10/49 | €3,088 | €53,694 | +€50,606 | +1638.8% |
| Equity | 10/15 | €2,344 | €36,749 | +€34,405 | +1467.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €34,552 | +€34,552 | |
| Distributable reserves | 133 | - | €34,552 | +€34,552 | |
| Profit (loss) carried forward | 14 | €344 | €197 | -€147 | -42.7% |
| Amounts payable | 17/49 | €744 | €16,945 | +€16,201 | +2177.6% |
| Amounts payable within one year | 42/48 | €744 | €16,945 | +€16,201 | +2177.6% |
| Taxes, remuneration and social security | 45 | €744 | €16,945 | +€16,201 | +2177.6% |
| Taxes | 450/3 | €744 | €16,945 | +€16,201 | +2177.6% |
| Turnover | 70 | €66,802 | €329,790 | +€262,988 | +393.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €62,623 | €275,818 | +€213,195 | +340.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €409 | €591 | +€182 | +44.5% |
| Other operating charges | 640/8 | €1,021 | €2,519 | +€1,498 | +146.7% |
| Gross operating margin | 9900 | €4,179 | €53,973 | +€49,794 | +1191.5% |
| Operating profit (loss) | 9901 | €2,749 | €50,863 | +€48,114 | +1750.2% |
| Financial charges | 65/66B | €179 | €185 | +€6 | +3.4% |
| Recurring financial charges | 65 | €179 | €185 | +€6 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €2,570 | €50,678 | +€48,108 | +1871.9% |
| Income taxes | 67/77 | €1,085 | €16,273 | +€15,188 | +1399.8% |
| Profit (loss) for the period | 9904 | €1,485 | €34,405 | +€32,920 | +2216.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,485 | €34,405 | +€32,920 | +2216.8% |
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.