GACI & CO: 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.
GACI & CO
Largest movements
- Receivables within one year +€19,311
up €19,311 (+107.9%), from €17,905 to €37,216
of which Trade receivables: +€18,311
- Cash -€4,751
down €4,751 (-4.2%), from €112,008 to €107,256
mainly Receivables within one year (-€19,311) and Tax, wage and social debts (-€5,244)
- Profit (loss) carried forward +€11,887
up €11,887 (+7.8%), from €152,395 to €164,282
- Trade debts +€6,931
up €6,931 (+632.8%), from €1,095 to €8,026
- Tax, wage and social debts -€5,244
down €5,244 (-33.4%), from €15,680 to €10,436
of which Taxes: -€5,281
- Staff costs -€3,155
down €3,155 (-4.8%), from €65,122 to €61,967
- Gross operating margin -€2,427
down €2,427 (-2.9%), from €84,878 to €82,451
- Depreciation -€1,732
down €1,732 (-57.9%), from €2,992 to €1,260
- Taxes +€1,454
up €1,454 (+29.7%), from €4,902 to €6,356
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 | €257,185 | €270,790 | +€13,605 | +5.3% |
| Fixed assets | 21/28 | €125,757 | €124,497 | -€1,260 | -1.0% |
| Tangible fixed assets | 22/27 | €1,757 | €497 | -€1,260 | -71.7% |
| Plant, machinery and equipment | 23 | €980 | - | -€980 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €777 | €497 | -€280 | -36.0% |
| Financial fixed assets | 28 | €124,000 | €124,000 | = | 0.0% |
| Current assets | 29/58 | €131,428 | €146,293 | +€14,865 | +11.3% |
| Amounts receivable within one year | 40/41 | €17,905 | €37,216 | +€19,311 | +107.9% |
| Trade receivables | 40 | €17,905 | €36,216 | +€18,311 | +102.3% |
| Other amounts receivable | 41 | - | €1,000 | +€1,000 | |
| Current investments | 50/53 | €438 | €431 | -€8 | -1.8% |
| Cash at bank and in hand | 54/58 | €112,008 | €107,256 | -€4,751 | -4.2% |
| Deferred charges and accrued income | 490/1 | €1,077 | €1,390 | +€313 | +29.1% |
| Total equity and liabilities | 10/49 | €257,185 | €270,790 | +€13,605 | +5.3% |
| Equity | 10/15 | €220,595 | €232,482 | +€11,887 | +5.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,395 | €164,282 | +€11,887 | +7.8% |
| Amounts payable | 17/49 | €36,590 | €38,307 | +€1,717 | +4.7% |
| Amounts payable within one year | 42/48 | €36,590 | €38,307 | +€1,717 | +4.7% |
| Trade debts | 44 | €1,095 | €8,026 | +€6,931 | +632.8% |
| Suppliers | 440/4 | €1,095 | €8,026 | +€6,931 | +632.8% |
| Taxes, remuneration and social security | 45 | €15,680 | €10,436 | -€5,244 | -33.4% |
| Taxes | 450/3 | €6,547 | €1,266 | -€5,281 | -80.7% |
| Remuneration and social security | 454/9 | €9,133 | €9,170 | +€37 | +0.4% |
| Other amounts payable | 47/48 | €19,815 | €19,845 | +€30 | +0.2% |
| Remuneration, social security and pensions | 62 | €65,122 | €61,967 | -€3,155 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,992 | €1,260 | -€1,732 | -57.9% |
| Other operating charges | 640/8 | €430 | €445 | +€15 | +3.5% |
| Gross operating margin | 9900 | €84,878 | €82,451 | -€2,427 | -2.9% |
| Operating profit (loss) | 9901 | €16,334 | €18,779 | +€2,445 | +15.0% |
| Financial income | 75/76B | €4 | €3 | -€1 | -14.3% |
| Recurring financial income | 75 | €4 | €3 | -€1 | -14.3% |
| Financial charges | 65/66B | €275 | €539 | +€263 | +95.7% |
| Recurring financial charges | 65 | €275 | €539 | +€263 | +95.7% |
| Profit (loss) for the period before taxes | 9903 | €16,062 | €18,244 | +€2,181 | +13.6% |
| Income taxes | 67/77 | €4,902 | €6,356 | +€1,454 | +29.7% |
| Profit (loss) for the period | 9904 | €11,161 | €11,887 | +€727 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,161 | €11,887 | +€727 | +6.5% |
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 10 October 2026 via checked.be.