GVS CONSTRUCT SPRL: 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.
GVS CONSTRUCT SPRL
Largest movements
- Receivables within one year +€24,949
up €24,949 (+58.5%), from €42,630 to €67,579
of which Trade receivables: +€15,482
- Tangible fixed assets -€3,420
down €3,420 (-61.7%), from €5,540 to €2,120
- Trade debts +€16,914
up €16,914 (+301.3%), from €5,614 to €22,528
- Profit (loss) carried forward +€10,889
up €10,889 (+61.4%), from €17,731 to €28,620
- Current portion of long-term debt -€3,287
down €3,287 (-75.4%), from €4,359 to €1,072
- Tax, wage and social debts -€1,991
down €1,991 (-24.3%), from €8,210 to €6,219
- Debts after one year -€1,072
no longer reported in 2023 (was €1,072)
- Turnover -€117,340
no longer reported in 2023 (was €117,340)
- Purchases and services -€100,346
no longer reported in 2023 (was €100,346)
- Gross operating margin +€4,212
up €4,212 (+24.8%), from €16,994 to €21,206
- Taxes +€2,049
up €2,049 (+100.9%), from €2,031 to €4,080
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 | €51,246 | €72,699 | +€21,453 | +41.9% |
| Fixed assets | 21/28 | €5,540 | €2,120 | -€3,420 | -61.7% |
| Tangible fixed assets | 22/27 | €5,540 | €2,120 | -€3,420 | -61.7% |
| Furniture and vehicles | 24 | €5,540 | €2,120 | -€3,420 | -61.7% |
| Current assets | 29/58 | €45,706 | €70,579 | +€24,873 | +54.4% |
| Amounts receivable within one year | 40/41 | €42,630 | €67,579 | +€24,949 | +58.5% |
| Trade receivables | 40 | €33,541 | €49,023 | +€15,482 | +46.2% |
| Other amounts receivable | 41 | €9,089 | €18,556 | +€9,467 | +104.2% |
| Cash at bank and in hand | 54/58 | €2,952 | €2,991 | +€39 | +1.3% |
| Deferred charges and accrued income | 490/1 | €124 | €9 | -€115 | -92.7% |
| Total equity and liabilities | 10/49 | €51,246 | €72,699 | +€21,453 | +41.9% |
| Equity | 10/15 | €31,991 | €42,880 | +€10,889 | +34.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,731 | €28,620 | +€10,889 | +61.4% |
| Amounts payable | 17/49 | €19,255 | €29,819 | +€10,564 | +54.9% |
| Amounts payable after more than one year | 17 | €1,072 | - | -€1,072 | |
| Financial debts | 170/4 | €1,072 | - | -€1,072 | |
| Amounts payable within one year | 42/48 | €18,183 | €29,819 | +€11,636 | +64.0% |
| Current portion of amounts payable after more than one year | 42 | €4,359 | €1,072 | -€3,287 | -75.4% |
| Trade debts | 44 | €5,614 | €22,528 | +€16,914 | +301.3% |
| Suppliers | 440/4 | €5,614 | €22,528 | +€16,914 | +301.3% |
| Taxes, remuneration and social security | 45 | €8,210 | €6,219 | -€1,991 | -24.3% |
| Taxes | 450/3 | €8,210 | €6,219 | -€1,991 | -24.3% |
| Turnover | 70 | €117,340 | - | -€117,340 | |
| Goods, raw materials, services and sundry goods | 60/61 | €100,346 | - | -€100,346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,503 | €4,430 | -€73 | -1.6% |
| Other operating charges | 640/8 | - | €351 | +€351 | |
| Gross operating margin | 9900 | €16,994 | €21,206 | +€4,212 | +24.8% |
| Operating profit (loss) | 9901 | €12,491 | €16,425 | +€3,934 | +31.5% |
| Financial income | 75/76B | €607 | €933 | +€326 | +53.7% |
| Recurring financial income | 75 | €607 | €933 | +€326 | +53.7% |
| Financial charges | 65/66B | €2,640 | €2,389 | -€251 | -9.5% |
| Recurring financial charges | 65 | €2,640 | €2,389 | -€251 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €10,458 | €14,969 | +€4,511 | +43.1% |
| Income taxes | 67/77 | €2,031 | €4,080 | +€2,049 | +100.9% |
| Profit (loss) for the period | 9904 | €8,427 | €10,889 | +€2,462 | +29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,427 | €10,889 | +€2,462 | +29.2% |
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 8 October 2026 via checked.be.