GPC 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.
GPC CONSTRUCT
Largest movements
- Deferred charges and accrued income -€115,633
down €115,633 (-78.5%), from €147,376 to €31,742
- Receivables within one year -€41,667
down €41,667 (-24.1%), from €173,111 to €131,444
of which Trade receivables: -€60,656
- Cash +€28,043
up €28,043 (+76.2%), from €36,782 to €64,824
mainly Deferred charges and accrued income (+€115,633) and Receivables within one year (+€41,667)
- Tangible fixed assets -€11,403
down €11,403 (-17.6%), from €64,854 to €53,451
of which Furniture and vehicles: -€11,057
- Trade debts -€170,401
down €170,401 (-79.8%), from €213,649 to €43,249
of which Bills of exchange payable: -€168,173
- Reserves +€31,935
up €31,935 (+1717.0%), from €1,860 to €33,795
of which Distributable reserves: +€31,935
- Turnover +€30,333
up €30,333 (+4.9%), from €622,380 to €652,713
- Purchases and services +€23,870
up €23,870 (+4.4%), from €542,950 to €566,820
- Write-downs +€16,245
new in 2024: €16,245
- Depreciation +€7,070
up €7,070 (+81.0%), from €8,726 to €15,796
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 | €422,581 | €281,462 | -€141,120 | -33.4% |
| Fixed assets | 21/28 | €65,313 | €53,451 | -€11,862 | -18.2% |
| Tangible fixed assets | 22/27 | €64,854 | €53,451 | -€11,403 | -17.6% |
| Plant, machinery and equipment | 23 | €2,483 | €2,138 | -€345 | -13.9% |
| Furniture and vehicles | 24 | €62,370 | €51,313 | -€11,057 | -17.7% |
| Financial fixed assets | 28 | €460 | - | -€460 | |
| Current assets | 29/58 | €357,268 | €228,011 | -€129,257 | -36.2% |
| Amounts receivable within one year | 40/41 | €173,111 | €131,444 | -€41,667 | -24.1% |
| Trade receivables | 40 | €173,109 | €112,453 | -€60,656 | -35.0% |
| Other amounts receivable | 41 | €2 | €18,991 | +€18,989 | +887343.0% |
| Cash at bank and in hand | 54/58 | €36,782 | €64,824 | +€28,043 | +76.2% |
| Deferred charges and accrued income | 490/1 | €147,376 | €31,742 | -€115,633 | -78.5% |
| Total equity and liabilities | 10/49 | €422,581 | €281,462 | -€141,120 | -33.4% |
| Equity | 10/15 | €197,079 | €229,014 | +€31,935 | +16.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €33,795 | +€31,935 | +1717.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €31,935 | +€31,935 | |
| Profit (loss) carried forward | 14 | €189,019 | €189,019 | = | 0.0% |
| Amounts payable | 17/49 | €225,503 | €52,447 | -€173,055 | -76.7% |
| Amounts payable within one year | 42/48 | €225,503 | €52,447 | -€173,055 | -76.7% |
| Current portion of amounts payable after more than one year | 42 | - | €460 | +€460 | |
| Financial debts | 43 | €13 | - | -€13 | |
| Credit institutions | 430/8 | €13 | - | -€13 | |
| Trade debts | 44 | €213,649 | €43,249 | -€170,401 | -79.8% |
| Suppliers | 440/4 | €2,813 | €586 | -€2,227 | -79.2% |
| Bills of exchange payable | 441 | €210,836 | €42,663 | -€168,173 | -79.8% |
| Taxes, remuneration and social security | 45 | €11,840 | €8,739 | -€3,102 | -26.2% |
| Taxes | 450/3 | €10,440 | €4,493 | -€5,947 | -57.0% |
| Remuneration and social security | 454/9 | €1,400 | €4,246 | +€2,846 | +203.3% |
| Turnover | 70 | €622,380 | €652,713 | +€30,333 | +4.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €542,950 | €566,820 | +€23,870 | +4.4% |
| Remuneration, social security and pensions | 62 | €7,993 | €10,244 | +€2,251 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,726 | €15,796 | +€7,070 | +81.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,245 | +€16,245 | |
| Other operating charges | 640/8 | €8,377 | €3,357 | -€5,020 | -59.9% |
| Gross operating margin | 9900 | €90,356 | €92,711 | +€2,355 | +2.6% |
| Operating profit (loss) | 9901 | €65,260 | €47,069 | -€18,191 | -27.9% |
| Financial income | 75/76B | €0 | €13 | +€13 | +11100.0% |
| Recurring financial income | 75 | €0 | €13 | +€13 | +11100.0% |
| Financial charges | 65/66B | €1,760 | €655 | -€1,105 | -62.8% |
| Recurring financial charges | 65 | €1,760 | €655 | -€1,105 | -62.8% |
| Profit (loss) for the period before taxes | 9903 | €63,501 | €46,428 | -€17,073 | -26.9% |
| Income taxes | 67/77 | €19,858 | €14,493 | -€5,365 | -27.0% |
| Profit (loss) for the period | 9904 | €43,643 | €31,935 | -€11,708 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,643 | €31,935 | -€11,708 | -26.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.