G.K. SPRL: 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.
G.K. SPRL
Largest movements
- Receivables within one year -€28,650
down €28,650 (-7.2%), from €398,011 to €369,361
of which Other amounts receivable: -€31,315
- Tangible fixed assets -€17,612
down €17,612 (-9.7%), from €181,234 to €163,622
of which Plant, machinery and equipment: -€13,408
- Stocks and contracts +€8,852
up €8,852 (+10.0%), from €88,516 to €97,368
- Trade debts +€102,257
up €102,257 (+36.5%), from €280,363 to €382,621
- Profit (loss) carried forward -€88,501
down €88,501, from €4,843 to -€83,659
- Other debts -€70,465
down €70,465 (-65.5%), from €107,609 to €37,144
- Accrued charges and deferred income +€9,441
up €9,441 (+24.6%), from €38,443 to €47,883
- Gross operating margin -€43,838
down €43,838 (-23.7%), from €185,303 to €141,465
- Staff costs -€19,608
down €19,608 (-10.5%), from €187,578 to €167,970
- Depreciation -€14,334
down €14,334 (-25.9%), from €55,334 to €41,001
- Financial income -€6,957
down €6,957 (-92.5%), from €7,521 to €564
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.
Derived cash bridge
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 | €711,994 | €670,821 | -€41,174 | -5.8% |
| Fixed assets | 21/28 | €184,560 | €166,948 | -€17,612 | -9.5% |
| Tangible fixed assets | 22/27 | €181,234 | €163,622 | -€17,612 | -9.7% |
| Plant, machinery and equipment | 23 | €41,124 | €27,717 | -€13,408 | -32.6% |
| Furniture and vehicles | 24 | €14,488 | €7,486 | -€7,002 | -48.3% |
| Other tangible fixed assets | 26 | €125,622 | €128,420 | +€2,798 | +2.2% |
| Financial fixed assets | 28 | €3,326 | €3,326 | = | 0.0% |
| Current assets | 29/58 | €527,435 | €503,872 | -€23,562 | -4.5% |
| Stocks and contracts in progress | 3 | €88,516 | €97,368 | +€8,852 | +10.0% |
| Stocks | 30/36 | €88,516 | €97,368 | +€8,852 | +10.0% |
| Amounts receivable within one year | 40/41 | €398,011 | €369,361 | -€28,650 | -7.2% |
| Trade receivables | 40 | €12,037 | €14,702 | +€2,665 | +22.1% |
| Other amounts receivable | 41 | €385,974 | €354,659 | -€31,315 | -8.1% |
| Cash at bank and in hand | 54/58 | €26,054 | €26,822 | +€768 | +2.9% |
| Deferred charges and accrued income | 490/1 | €14,854 | €10,322 | -€4,532 | -30.5% |
| Total equity and liabilities | 10/49 | €711,994 | €670,821 | -€41,174 | -5.8% |
| Equity | 10/15 | €230,203 | €141,701 | -€88,501 | -38.4% |
| Contributions | 10/11 | €97,400 | €97,400 | = | 0.0% |
| Reserves | 13 | €127,960 | €127,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,360 | €10,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,360 | €10,360 | = | 0.0% |
| Distributable reserves | 133 | €117,600 | €117,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,843 | -€83,659 | -€88,501 | |
| Amounts payable | 17/49 | €481,792 | €529,119 | +€47,327 | +9.8% |
| Amounts payable after more than one year | 17 | €40,000 | €40,000 | = | 0.0% |
| Financial debts | 170/4 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €403,349 | €441,236 | +€37,887 | +9.4% |
| Trade debts | 44 | €280,363 | €382,621 | +€102,257 | +36.5% |
| Suppliers | 440/4 | €280,363 | €382,621 | +€102,257 | +36.5% |
| Taxes, remuneration and social security | 45 | €15,377 | €21,472 | +€6,095 | +39.6% |
| Taxes | 450/3 | €5,029 | €2,216 | -€2,813 | -55.9% |
| Remuneration and social security | 454/9 | €10,348 | €19,256 | +€8,909 | +86.1% |
| Other amounts payable | 47/48 | €107,609 | €37,144 | -€70,465 | -65.5% |
| Accrued charges and deferred income | 492/3 | €38,443 | €47,883 | +€9,441 | +24.6% |
| Remuneration, social security and pensions | 62 | €187,578 | €167,970 | -€19,608 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,334 | €41,001 | -€14,334 | -25.9% |
| Other operating charges | 640/8 | €3,534 | €1,880 | -€1,654 | -46.8% |
| Gross operating margin | 9900 | €185,303 | €141,465 | -€43,838 | -23.7% |
| Operating profit (loss) | 9901 | -€61,144 | -€69,386 | -€8,242 | -13.5% |
| Financial income | 75/76B | €7,521 | €564 | -€6,957 | -92.5% |
| Recurring financial income | 75 | €7,521 | €564 | -€6,957 | -92.5% |
| Financial charges | 65/66B | €19,671 | €18,584 | -€1,088 | -5.5% |
| Recurring financial charges | 65 | €19,671 | €18,584 | -€1,088 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€73,294 | -€87,405 | -€14,111 | -19.3% |
| Income taxes | 67/77 | €1,120 | €1,096 | -€23 | -2.1% |
| Profit (loss) for the period | 9904 | -€74,413 | -€88,501 | -€14,088 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,413 | -€88,501 | -€14,088 | -18.9% |
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 18 October 2026 via checked.be.