GS Bouw: 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.
GS Bouw
Largest movements
- Cash -€25,123
down €25,123 (-64.2%), from €39,156 to €14,033
mainly Investment in fixed assets (net) (-€33,276) and Receivables within one year (-€12,617)
- Tangible fixed assets +€19,868
up €19,868 (+49.1%), from €40,439 to €60,307
of which Plant, machinery and equipment: +€17,235
- Receivables within one year +€12,617
up €12,617 (+149.6%), from €8,434 to €21,051
of which Trade receivables: +€11,836
- Deferred charges and accrued income +€7,964
up €7,964 (+376.7%), from €2,114 to €10,078
- Stocks and contracts +€3,078
new in 2025: €3,078
- Debts after one year +€13,336
new in 2025: €13,336
- Trade debts +€11,373
up €11,373 (+265.9%), from €4,277 to €15,651
- Other debts -€9,304
down €9,304 (-33.0%), from €28,208 to €18,905
- Reserves -€7,343
down €7,343 (-16.7%), from €43,859 to €36,516
- Tax, wage and social debts +€5,565
up €5,565 (+49.3%), from €11,298 to €16,864
of which Taxes: +€3,666
- Gross operating margin -€59,791
down €59,791 (-87.1%), from €68,634 to €8,843
- Taxes -€11,221
down €11,221 (-99.3%), from €11,298 to €78
- Depreciation +€2,850
up €2,850 (+27.0%), from €10,558 to €13,408
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 | €90,143 | €108,548 | +€18,404 | +20.4% |
| Fixed assets | 21/28 | €40,439 | €60,307 | +€19,868 | +49.1% |
| Tangible fixed assets | 22/27 | €40,439 | €60,307 | +€19,868 | +49.1% |
| Plant, machinery and equipment | 23 | €11,996 | €29,231 | +€17,235 | +143.7% |
| Furniture and vehicles | 24 | €28,443 | €31,076 | +€2,633 | +9.3% |
| Current assets | 29/58 | €49,704 | €48,240 | -€1,464 | -2.9% |
| Stocks and contracts in progress | 3 | - | €3,078 | +€3,078 | |
| Stocks | 30/36 | - | €3,078 | +€3,078 | |
| Amounts receivable within one year | 40/41 | €8,434 | €21,051 | +€12,617 | +149.6% |
| Trade receivables | 40 | €5,272 | €17,109 | +€11,836 | +224.5% |
| Other amounts receivable | 41 | €3,162 | €3,943 | +€781 | +24.7% |
| Cash at bank and in hand | 54/58 | €39,156 | €14,033 | -€25,123 | -64.2% |
| Deferred charges and accrued income | 490/1 | €2,114 | €10,078 | +€7,964 | +376.7% |
| Total equity and liabilities | 10/49 | €90,143 | €108,548 | +€18,404 | +20.4% |
| Equity | 10/15 | €46,359 | €39,016 | -€7,343 | -15.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €43,859 | €36,516 | -€7,343 | -16.7% |
| Distributable reserves | 133 | €43,859 | €36,516 | -€7,343 | -16.7% |
| Amounts payable | 17/49 | €43,784 | €69,531 | +€25,747 | +58.8% |
| Amounts payable after more than one year | 17 | - | €13,336 | +€13,336 | |
| Financial debts | 170/4 | - | €13,336 | +€13,336 | |
| Amounts payable within one year | 42/48 | €43,784 | €56,170 | +€12,385 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | - | €4,751 | +€4,751 | |
| Trade debts | 44 | €4,277 | €15,651 | +€11,373 | +265.9% |
| Suppliers | 440/4 | €4,277 | €15,651 | +€11,373 | +265.9% |
| Taxes, remuneration and social security | 45 | €11,298 | €16,864 | +€5,565 | +49.3% |
| Taxes | 450/3 | €11,298 | €14,965 | +€3,666 | +32.5% |
| Remuneration and social security | 454/9 | - | €1,899 | +€1,899 | |
| Other amounts payable | 47/48 | €28,208 | €18,905 | -€9,304 | -33.0% |
| Accrued charges and deferred income | 492/3 | - | €25 | +€25 | |
| Remuneration, social security and pensions | 62 | €830 | €1,353 | +€523 | +63.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,558 | €13,408 | +€2,850 | +27.0% |
| Other operating charges | 640/8 | €374 | €330 | -€44 | -11.9% |
| Gross operating margin | 9900 | €68,634 | €8,843 | -€59,791 | -87.1% |
| Operating profit (loss) | 9901 | €56,872 | -€6,248 | -€63,120 | |
| Financial income | 75/76B | €4 | €131 | +€127 | +2868.9% |
| Recurring financial income | 75 | €4 | €131 | +€127 | +2868.9% |
| Financial charges | 65/66B | €1,719 | €1,148 | -€571 | -33.2% |
| Recurring financial charges | 65 | €1,719 | €1,148 | -€571 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €55,157 | -€7,265 | -€62,422 | |
| Income taxes | 67/77 | €11,298 | €78 | -€11,221 | -99.3% |
| Profit (loss) for the period | 9904 | €43,859 | -€7,343 | -€51,202 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,859 | -€7,343 | -€51,202 |
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 12 October 2026 via checked.be.