GECKO: what changed
Two fiscal 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.
GECKO
Largest movements
- Cash +€5,679
up €5,679 (+151.9%), from €3,738 to €9,417
mainly Net result for the year (+€12,716) and Depreciation (+€3,208)
- Tangible fixed assets -€3,208
down €3,208 (-57.4%), from €5,591 to €2,384
- Receivables within one year +€1,154
up €1,154 (+158.9%), from €726 to €1,880
- Profit (loss) carried forward +€12,716
up €12,716 (+6.7%), from -€189,681 to -€176,965
- Short-term financial debts -€6,461
down €6,461 (-100.0%), from €6,461 to €0
- Other debts -€3,769
down €3,769 (-13.7%), from €27,537 to €23,768
- Trade debts +€2,318
up €2,318 (+377.1%), from €615 to €2,933
- Debts after one year -€1,200
down €1,200 (-2.5%), from €48,949 to €47,749
of which Financial debts: -€1,200
- Gross operating margin +€6,870
up €6,870 (+62.0%), from €11,086 to €17,956
- Financial charges -€308
down €308 (-33.2%), from €929 to €621
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 | €11,544 | €15,188 | +€3,644 | +31.6% |
| Fixed assets | 21/28 | €5,891 | €2,684 | -€3,208 | -54.4% |
| Tangible fixed assets | 22/27 | €5,591 | €2,384 | -€3,208 | -57.4% |
| Furniture and vehicles | 24 | €5,591 | €2,384 | -€3,208 | -57.4% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €5,653 | €12,504 | +€6,852 | +121.2% |
| Amounts receivable within one year | 40/41 | €726 | €1,880 | +€1,154 | +158.9% |
| Trade receivables | 40 | €726 | €1,880 | +€1,154 | +158.9% |
| Cash at bank and in hand | 54/58 | €3,738 | €9,417 | +€5,679 | +151.9% |
| Deferred charges and accrued income | 490/1 | €1,188 | €1,207 | +€19 | +1.6% |
| Total equity and liabilities | 10/49 | €11,544 | €15,188 | +€3,644 | +31.6% |
| Equity | 10/15 | -€73,494 | -€60,779 | +€12,716 | +17.3% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €51,187 | €51,187 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,817 | €6,817 | = | 0.0% |
| Legal reserve | 130 | €6,817 | €6,817 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,183 | €2,183 | = | 0.0% |
| Distributable reserves | 133 | €42,187 | €42,187 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€189,681 | -€176,965 | +€12,716 | +6.7% |
| Amounts payable | 17/49 | €85,038 | €75,966 | -€9,072 | -10.7% |
| Amounts payable after more than one year | 17 | €48,949 | €47,749 | -€1,200 | -2.5% |
| Financial debts | 170/4 | €1,949 | €749 | -€1,200 | -61.6% |
| Other amounts payable | 178/9 | €47,000 | €47,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €36,089 | €28,217 | -€7,872 | -21.8% |
| Financial debts | 43 | €6,461 | €0 | -€6,461 | -100.0% |
| Credit institutions | 430/8 | €6,461 | €0 | -€6,461 | -100.0% |
| Trade debts | 44 | €615 | €2,933 | +€2,318 | +377.1% |
| Suppliers | 440/4 | €615 | €2,933 | +€2,318 | +377.1% |
| Taxes, remuneration and social security | 45 | €1,476 | €1,516 | +€41 | +2.8% |
| Taxes | 450/3 | €1,476 | €1,516 | +€41 | +2.8% |
| Other amounts payable | 47/48 | €27,537 | €23,768 | -€3,769 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,254 | €3,208 | -€46 | -1.4% |
| Other operating charges | 640/8 | €1,344 | €1,271 | -€72 | -5.4% |
| Gross operating margin | 9900 | €11,086 | €17,956 | +€6,870 | +62.0% |
| Operating profit (loss) | 9901 | €6,488 | €13,477 | +€6,989 | +107.7% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €929 | €621 | -€308 | -33.2% |
| Recurring financial charges | 65 | €929 | €621 | -€308 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €5,562 | €12,856 | +€7,294 | +131.1% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €5,423 | €12,716 | +€7,293 | +134.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,423 | €12,716 | +€7,293 | +134.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.