GE KA.CE: 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.
GE KA.CE
Largest movements
- Receivables within one year +€5,610
up €5,610 (+14.4%), from €39,025 to €44,635
of which Trade receivables: +€7,155
- Stocks and contracts -€3,163
down €3,163 (-100%), from €3,163 to €0
- Accrued charges and deferred income -€10,582
down €10,582 (-100%), from €10,582 to €0
- Other debts +€8,446
up €8,446 (+412%), from €2,050 to €10,496
- Trade debts +€3,100
up €3,100 (+88.1%), from €3,519 to €6,619
- Gross operating margin -€56,707
down €56,707 (-88.0%), from €64,437 to €7,730
- Taxes -€14,961
down €14,961 (-88.5%), from €16,906 to €1,945
- Depreciation -€9,560
down €9,560 (-97.7%), from €9,781 to €221
- Financial income -€3,366
down €3,366 (-97.9%), from €3,439 to €72
- Financial charges -€929
down €929 (-18.2%), from €5,113 to €4,184
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 | €247,311 | €248,102 | +€791 | +0.3% |
| Fixed assets | 21/28 | €71,613 | €71,392 | -€221 | -0.3% |
| Tangible fixed assets | 22/27 | €71,113 | €70,892 | -€221 | -0.3% |
| Land and buildings | 22 | €71,019 | €70,892 | -€127 | -0.2% |
| Plant, machinery and equipment | 23 | €94 | €0 | -€94 | -100% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €175,698 | €176,710 | +€1,012 | +0.6% |
| Stocks and contracts in progress | 3 | €3,163 | €0 | -€3,163 | -100% |
| Stocks | 30/36 | €3,163 | €0 | -€3,163 | -100% |
| Amounts receivable within one year | 40/41 | €39,025 | €44,635 | +€5,610 | +14.4% |
| Trade receivables | 40 | €30,943 | €38,098 | +€7,155 | +23.1% |
| Other amounts receivable | 41 | €8,083 | €6,537 | -€1,545 | -19.1% |
| Cash at bank and in hand | 54/58 | €130,662 | €128,719 | -€1,942 | -1.5% |
| Deferred charges and accrued income | 490/1 | €2,848 | €3,356 | +€509 | +17.9% |
| Total equity and liabilities | 10/49 | €247,311 | €248,102 | +€791 | +0.3% |
| Equity | 10/15 | €213,132 | €211,170 | -€1,963 | -0.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €194,540 | €192,578 | -€1,963 | -1.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €192,681 | €190,719 | -€1,963 | -1.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €34,178 | €36,932 | +€2,754 | +8.1% |
| Amounts payable after more than one year | 17 | €12,000 | €12,000 | = | 0.0% |
| Other amounts payable | 178/9 | €12,000 | €12,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,596 | €24,932 | +€13,336 | +115% |
| Trade debts | 44 | €3,519 | €6,619 | +€3,100 | +88.1% |
| Suppliers | 440/4 | €3,519 | €6,619 | +€3,100 | +88.1% |
| Advances received on contracts in progress | 46 | €4,388 | €4,388 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,639 | €3,429 | +€1,790 | +109% |
| Taxes | 450/3 | €1,639 | €3,429 | +€1,790 | +109% |
| Other amounts payable | 47/48 | €2,050 | €10,496 | +€8,446 | +412% |
| Accrued charges and deferred income | 492/3 | €10,582 | €0 | -€10,582 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,781 | €221 | -€9,560 | -97.7% |
| Other operating charges | 640/8 | €3,942 | €3,415 | -€527 | -13.4% |
| Gross operating margin | 9900 | €64,437 | €7,730 | -€56,707 | -88.0% |
| Operating profit (loss) | 9901 | €50,714 | €4,094 | -€46,620 | -91.9% |
| Financial income | 75/76B | €3,439 | €72 | -€3,366 | -97.9% |
| Recurring financial income | 75 | €3,439 | €72 | -€3,366 | -97.9% |
| Financial charges | 65/66B | €5,113 | €4,184 | -€929 | -18.2% |
| Recurring financial charges | 65 | €5,113 | €4,184 | -€929 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €49,039 | -€18 | -€49,057 | |
| Income taxes | 67/77 | €16,906 | €1,945 | -€14,961 | -88.5% |
| Profit (loss) for the period | 9904 | €32,133 | -€1,963 | -€34,096 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,133 | -€1,963 | -€34,096 |
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 14 October 2026 via checked.be.