GP.BETON: 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.
GP.BETON
Largest movements
- Cash +€33,575
up €33,575 (+42.7%), from €78,559 to €112,134
mainly Trade debts (+€54,788) and Advances received (+€10,000)
- Tangible fixed assets -€9,604
down €9,604 (-67.6%), from €14,205 to €4,601
of which Furniture and vehicles: -€9,382
- Trade debts +€54,788
up €54,788 (+250.3%), from €21,891 to €76,679
- Profit (loss) carried forward -€22,432
down €22,432 (-11.0%), from €204,228 to €181,796
- Tax, wage and social debts -€10,286
down €10,286 (-76.2%), from €13,492 to €3,206
- Advances received +€10,000
new in 2025: €10,000
- Write-downs +€33,905
up €33,905 (+690.4%), from €4,911 to €38,816
- Gross operating margin -€29,206
down €29,206 (-51.8%), from €56,367 to €27,161
- Taxes -€13,368
down €13,368 (-98.7%), from €13,539 to €171
- Financial charges -€1,116
down €1,116 (-57.9%), from €1,927 to €811
- Depreciation -€696
down €696 (-6.8%), from €10,300 to €9,604
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 | €349,724 | €378,911 | +€29,187 | +8.3% |
| Fixed assets | 21/28 | €14,205 | €6,776 | -€7,429 | -52.3% |
| Tangible fixed assets | 22/27 | €14,205 | €4,601 | -€9,604 | -67.6% |
| Plant, machinery and equipment | 23 | €398 | €176 | -€222 | -55.8% |
| Furniture and vehicles | 24 | €13,807 | €4,425 | -€9,382 | -68.0% |
| Financial fixed assets | 28 | - | €2,175 | +€2,175 | |
| Current assets | 29/58 | €335,519 | €372,135 | +€36,616 | +10.9% |
| Amounts receivable within one year | 40/41 | €254,241 | €255,705 | +€1,464 | +0.6% |
| Trade receivables | 40 | €198,478 | €171,635 | -€26,843 | -13.5% |
| Other amounts receivable | 41 | €55,763 | €84,070 | +€28,307 | +50.8% |
| Cash at bank and in hand | 54/58 | €78,559 | €112,134 | +€33,575 | +42.7% |
| Deferred charges and accrued income | 490/1 | €2,719 | €4,296 | +€1,577 | +58.0% |
| Total equity and liabilities | 10/49 | €349,724 | €378,911 | +€29,187 | +8.3% |
| Equity | 10/15 | €304,381 | €281,949 | -€22,432 | -7.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €87,753 | €87,753 | = | 0.0% |
| Distributable reserves | 133 | €87,753 | €87,753 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204,228 | €181,796 | -€22,432 | -11.0% |
| Amounts payable | 17/49 | €45,343 | €96,962 | +€51,619 | +113.8% |
| Amounts payable within one year | 42/48 | €44,976 | €96,639 | +€51,663 | +114.9% |
| Current portion of amounts payable after more than one year | 42 | €3,541 | - | -€3,541 | |
| Trade debts | 44 | €21,891 | €76,679 | +€54,788 | +250.3% |
| Suppliers | 440/4 | €21,891 | €76,679 | +€54,788 | +250.3% |
| Advances received on contracts in progress | 46 | - | €10,000 | +€10,000 | |
| Taxes, remuneration and social security | 45 | €13,492 | €3,206 | -€10,286 | -76.2% |
| Taxes | 450/3 | €13,492 | €3,206 | -€10,286 | -76.2% |
| Other amounts payable | 47/48 | €6,052 | €6,754 | +€702 | +11.6% |
| Accrued charges and deferred income | 492/3 | €367 | €323 | -€44 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,300 | €9,604 | -€696 | -6.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,911 | €38,816 | +€33,905 | +690.4% |
| Other operating charges | 640/8 | €911 | €1,358 | +€447 | +49.1% |
| Gross operating margin | 9900 | €56,367 | €27,161 | -€29,206 | -51.8% |
| Operating profit (loss) | 9901 | €40,245 | -€22,617 | -€62,862 | |
| Financial income | 75/76B | €624 | €1,167 | +€543 | +87.0% |
| Recurring financial income | 75 | €624 | €1,167 | +€543 | +87.0% |
| Financial charges | 65/66B | €1,927 | €811 | -€1,116 | -57.9% |
| Recurring financial charges | 65 | €1,927 | €811 | -€1,116 | -57.9% |
| Profit (loss) for the period before taxes | 9903 | €38,942 | -€22,261 | -€61,203 | |
| Income taxes | 67/77 | €13,539 | €171 | -€13,368 | -98.7% |
| Profit (loss) for the period | 9904 | €25,403 | -€22,432 | -€47,835 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,403 | -€22,432 | -€47,835 |
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 11 October 2026 via checked.be.