GP 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.
GP CONSTRUCT
Largest movements
- Receivables within one year -€18,155
down €18,155 (-58.3%), from €31,144 to €12,989
of which Trade receivables: -€14,255
- Tangible fixed assets -€6,783
down €6,783 (-50.2%), from €13,500 to €6,717
of which Furniture and vehicles: -€6,164
- Cash +€5,611
up €5,611 (+15.2%), from €36,979 to €42,590
mainly Receivables within one year (+€18,155) and Depreciation (+€6,783)
- Deferred charges and accrued income -€2,013
down €2,013 (-73.8%), from €2,728 to €715
- Trade debts -€9,993
down €9,993 (-59.3%), from €16,861 to €6,868
- Debts after one year -€5,725
no longer reported in 2025 (was €5,725)
- Profit (loss) carried forward -€4,606
down €4,606 (-15.4%), from €29,935 to €25,329
- Tax, wage and social debts -€2,794
down €2,794 (-42.4%), from €6,584 to €3,790
of which Taxes: -€5,717
- Advances received +€1,696
up €1,696 (+20.2%), from €8,415 to €10,112
- Gross operating margin -€26,768
down €26,768 (-29.9%), from €89,636 to €62,868
- Write-downs +€10,666
new in 2025: €10,666
- Staff costs -€7,544
down €7,544 (-13.5%), from €55,938 to €48,394
- Taxes -€5,717
down €5,717 (-98.5%), from €5,802 to €86
- Other operating charges -€1,478
down €1,478 (-65.4%), from €2,261 to €783
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.
Derived cash bridge
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 | €84,350 | €63,010 | -€21,340 | -25.3% |
| Fixed assets | 21/28 | €13,500 | €6,717 | -€6,783 | -50.2% |
| Tangible fixed assets | 22/27 | €13,500 | €6,717 | -€6,783 | -50.2% |
| Plant, machinery and equipment | 23 | €1,667 | €1,049 | -€618 | -37.1% |
| Furniture and vehicles | 24 | €11,833 | €5,668 | -€6,164 | -52.1% |
| Current assets | 29/58 | €70,851 | €56,293 | -€14,557 | -20.5% |
| Amounts receivable within one year | 40/41 | €31,144 | €12,989 | -€18,155 | -58.3% |
| Trade receivables | 40 | €24,611 | €10,356 | -€14,255 | -57.9% |
| Other amounts receivable | 41 | €6,533 | €2,632 | -€3,900 | -59.7% |
| Cash at bank and in hand | 54/58 | €36,979 | €42,590 | +€5,611 | +15.2% |
| Deferred charges and accrued income | 490/1 | €2,728 | €715 | -€2,013 | -73.8% |
| Total equity and liabilities | 10/49 | €84,350 | €63,010 | -€21,340 | -25.3% |
| Equity | 10/15 | €37,935 | €33,329 | -€4,606 | -12.1% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,935 | €25,329 | -€4,606 | -15.4% |
| Amounts payable | 17/49 | €46,415 | €29,681 | -€16,734 | -36.1% |
| Amounts payable after more than one year | 17 | €5,725 | - | -€5,725 | |
| Financial debts | 170/4 | €5,725 | - | -€5,725 | |
| Amounts payable within one year | 42/48 | €40,691 | €29,681 | -€11,010 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €5,643 | €5,725 | +€81 | +1.4% |
| Trade debts | 44 | €16,861 | €6,868 | -€9,993 | -59.3% |
| Suppliers | 440/4 | €16,861 | €6,868 | -€9,993 | -59.3% |
| Advances received on contracts in progress | 46 | €8,415 | €10,112 | +€1,696 | +20.2% |
| Taxes, remuneration and social security | 45 | €6,584 | €3,790 | -€2,794 | -42.4% |
| Taxes | 450/3 | €5,802 | €86 | -€5,717 | -98.5% |
| Remuneration and social security | 454/9 | €781 | €3,704 | +€2,923 | +374% |
| Other amounts payable | 47/48 | €3,187 | €3,187 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €55,938 | €48,394 | -€7,544 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,493 | €6,783 | +€290 | +4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,666 | +€10,666 | |
| Other operating charges | 640/8 | €2,261 | €783 | -€1,478 | -65.4% |
| Non-recurring operating charges | 66A | - | €250 | +€250 | |
| Gross operating margin | 9900 | €89,636 | €62,868 | -€26,768 | -29.9% |
| Operating profit (loss) | 9901 | €24,944 | -€4,008 | -€28,952 | |
| Financial income | 75/76B | - | €109 | +€109 | |
| Recurring financial income | 75 | - | €109 | +€109 | |
| Non-recurring financial income | 76B | - | €109 | +€109 | |
| Financial charges | 65/66B | €1,037 | €621 | -€416 | -40.1% |
| Recurring financial charges | 65 | €1,037 | €621 | -€416 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €23,908 | -€4,520 | -€28,428 | |
| Income taxes | 67/77 | €5,802 | €86 | -€5,717 | -98.5% |
| Profit (loss) for the period | 9904 | €18,105 | -€4,606 | -€22,711 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,105 | -€4,606 | -€22,711 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.