GMS CONSTRUCTION: what changed
Two fiscal 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.
GMS CONSTRUCTION
Largest movements
- Tangible fixed assets +€7,771
new in 2024: €7,771
- Receivables within one year +€5,856
new in 2024: €5,856
- Cash +€1,704
new in 2024: €1,704
mainly Net result for the year (+€12,674) and Depreciation (+€8,717)
- Profit (loss) carried forward +€12,674
up €12,674, from -€63 to €12,611
- Trade debts +€2,720
new in 2024: €2,720
- Gross operating margin +€22,430
new in 2024: €22,430
- Depreciation +€8,717
new in 2024: €8,717
- Other operating charges +€1,050
new in 2024: €1,050
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 | - | €15,331 | +€15,331 | |
| Fixed assets | 21/28 | - | €7,771 | +€7,771 | |
| Tangible fixed assets | 22/27 | - | €7,771 | +€7,771 | |
| Furniture and vehicles | 24 | - | €7,771 | +€7,771 | |
| Current assets | 29/58 | - | €7,560 | +€7,560 | |
| Amounts receivable within one year | 40/41 | - | €5,856 | +€5,856 | |
| Other amounts receivable | 41 | - | €5,856 | +€5,856 | |
| Cash at bank and in hand | 54/58 | - | €1,704 | +€1,704 | |
| Total equity and liabilities | 10/49 | €0 | €15,331 | +€15,331 | |
| Equity | 10/15 | -€63 | €12,611 | +€12,674 | |
| Profit (loss) carried forward | 14 | -€63 | €12,611 | +€12,674 | |
| Amounts payable | 17/49 | €63 | €2,720 | +€2,657 | +4217.9% |
| Amounts payable within one year | 42/48 | €63 | €2,720 | +€2,657 | +4217.9% |
| Trade debts | 44 | - | €2,720 | +€2,720 | |
| Suppliers | 440/4 | - | €2,720 | +€2,720 | |
| Other amounts payable | 47/48 | €63 | - | -€63 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,717 | +€8,717 | |
| Other operating charges | 640/8 | - | €1,050 | +€1,050 | |
| Gross operating margin | 9900 | - | €22,430 | +€22,430 | |
| Operating profit (loss) | 9901 | - | €12,664 | +€12,664 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €63 | - | -€63 | |
| Recurring financial charges | 65 | €63 | - | -€63 | |
| Profit (loss) for the period before taxes | 9903 | -€63 | €12,674 | +€12,737 | |
| Profit (loss) for the period | 9904 | -€63 | €12,674 | +€12,737 | |
| Profit (loss) for the period to be appropriated | 9905 | -€63 | €12,674 | +€12,737 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.