GECK&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.
GECK&CO
Largest movements
- Receivables within one year +€32,669
up €32,669 (+167%), from €19,547 to €52,216
of which Other amounts receivable: +€25,772
- Cash -€7,410
down €7,410 (-49.3%), from €15,022 to €7,612
mainly Receivables within one year (-€32,669) and Investment in fixed assets (net) (-€5,153)
- Tangible fixed assets +€4,168
up €4,168 (+259%), from €1,612 to €5,780
of which Plant, machinery and equipment: +€2,433
- Profit (loss) carried forward +€27,713
up €27,713 (+128%), from €21,592 to €49,305
- Tax, wage and social debts +€4,436
up €4,436 (+59.0%), from €7,524 to €11,960
- Trade debts -€2,722
down €2,722 (-59.5%), from €4,571 to €1,849
- Gross operating margin +€20,336
up €20,336 (+260%), from €7,807 to €28,143
- Financial income +€7,131
up €7,131 (+1,323%), from €539 to €7,670
of which Financial income: +€7,131
- Taxes +€5,227
up €5,227 (+292%), from €1,792 to €7,019
- Depreciation +€804
up €804 (+444%), from €181 to €985
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 | €36,181 | €65,608 | +€29,427 | +81.3% |
| Fixed assets | 21/28 | €1,612 | €5,780 | +€4,168 | +259% |
| Tangible fixed assets | 22/27 | €1,612 | €5,780 | +€4,168 | +259% |
| Plant, machinery and equipment | 23 | - | €2,433 | +€2,433 | |
| Furniture and vehicles | 24 | €1,612 | €3,347 | +€1,735 | +108% |
| Current assets | 29/58 | €34,569 | €59,828 | +€25,259 | +73.1% |
| Amounts receivable within one year | 40/41 | €19,547 | €52,216 | +€32,669 | +167% |
| Trade receivables | 40 | - | €6,897 | +€6,897 | |
| Other amounts receivable | 41 | €19,547 | €45,319 | +€25,772 | +132% |
| Cash at bank and in hand | 54/58 | €15,022 | €7,612 | -€7,410 | -49.3% |
| Total equity and liabilities | 10/49 | €36,181 | €65,608 | +€29,427 | +81.3% |
| Equity | 10/15 | €24,086 | €51,799 | +€27,713 | +115% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €1,494 | €1,494 | = | 0.0% |
| Distributable reserves | 133 | €1,494 | €1,494 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,592 | €49,305 | +€27,713 | +128% |
| Amounts payable | 17/49 | €12,095 | €13,809 | +€1,714 | +14.2% |
| Amounts payable within one year | 42/48 | €12,095 | €13,809 | +€1,714 | +14.2% |
| Trade debts | 44 | €4,571 | €1,849 | -€2,722 | -59.5% |
| Suppliers | 440/4 | €4,571 | €1,849 | -€2,722 | -59.5% |
| Taxes, remuneration and social security | 45 | €7,524 | €11,960 | +€4,436 | +59.0% |
| Taxes | 450/3 | €7,524 | €11,960 | +€4,436 | +59.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €181 | €985 | +€804 | +444% |
| Other operating charges | 640/8 | €8 | - | -€8 | |
| Gross operating margin | 9900 | €7,807 | €28,143 | +€20,336 | +260% |
| Operating profit (loss) | 9901 | €7,618 | €27,158 | +€19,540 | +256% |
| Financial income | 75/76B | €539 | €7,670 | +€7,131 | +1,323% |
| Recurring financial income | 75 | €539 | €7,670 | +€7,131 | +1,323% |
| Non-recurring financial income | 76B | €539 | €7,670 | +€7,131 | +1,323% |
| Financial charges | 65/66B | €71 | €96 | +€25 | +35.2% |
| Recurring financial charges | 65 | €71 | €96 | +€25 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €8,086 | €34,732 | +€26,646 | +330% |
| Income taxes | 67/77 | €1,792 | €7,019 | +€5,227 | +292% |
| Profit (loss) for the period | 9904 | €6,294 | €27,713 | +€21,419 | +340% |
| Profit (loss) for the period to be appropriated | 9905 | €6,294 | €27,713 | +€21,419 | +340% |
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 13 October 2026 via checked.be.