GP CONSTRUCT: what changed
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
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it 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 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.