GVG CONSTRUCT: 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.
GVG CONSTRUCT
Largest movements
- Cash -€331
down €331 (-1.1%), from €31,262 to €30,931
mainly Net result for the year (-€849) and Tax, wage and social debts (-€200)
- Profit (loss) carried forward -€849
down €849 (-1.1%), from -€80,491 to -€81,340
- Trade debts +€718
up €718 (+1129.6%), from €64 to €782
- Gross operating margin -€28,303
down €28,303, from €28,043 to -€260
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,262 | €30,931 | -€331 | -1.1% |
| Current assets | 29/58 | €31,262 | €30,931 | -€331 | -1.1% |
| Cash at bank and in hand | 54/58 | €31,262 | €30,931 | -€331 | -1.1% |
| Total equity and liabilities | 10/49 | €31,262 | €30,931 | -€331 | -1.1% |
| Equity | 10/15 | -€74,205 | -€75,055 | -€850 | -1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €85 | €85 | -€0 | -0.2% |
| Non-distributable reserves | 130/1 | €85 | €85 | -€0 | -0.2% |
| Legal reserve | 130 | €85 | €85 | -€0 | -0.2% |
| Profit (loss) carried forward | 14 | -€80,491 | -€81,340 | -€849 | -1.1% |
| Amounts payable | 17/49 | €105,468 | €105,986 | +€518 | +0.5% |
| Amounts payable within one year | 42/48 | €105,468 | €105,986 | +€518 | +0.5% |
| Trade debts | 44 | €64 | €782 | +€718 | +1129.6% |
| Suppliers | 440/4 | €64 | €782 | +€718 | +1129.6% |
| Taxes, remuneration and social security | 45 | €200 | - | -€200 | |
| Taxes | 450/3 | €200 | - | -€200 | |
| Other amounts payable | 47/48 | €105,204 | €105,204 | -€0 | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €260 | +€260 | |
| Other operating charges | 640/8 | €348 | €585 | +€238 | +68.3% |
| Gross operating margin | 9900 | €28,043 | -€260 | -€28,303 | |
| Operating profit (loss) | 9901 | €27,696 | -€845 | -€28,541 | |
| Financial charges | 65/66B | €128 | - | -€128 | |
| Recurring financial charges | 65 | €128 | - | -€128 | |
| Profit (loss) for the period before taxes | 9903 | €27,568 | -€845 | -€28,413 | |
| Income taxes | 67/77 | - | €4 | +€4 | |
| Profit (loss) for the period | 9904 | €27,568 | -€849 | -€28,417 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,568 | -€849 | -€28,417 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.