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 -€66,686
down €66,686 (-69.2%), from €96,407 to €29,721
mainly Contributions, distributions and other (-€50,000) and Other debts (-€35,791)
- Current investments +€5,000
new in 2025: €5,000
- Other debts -€35,791
down €35,791 (-11.6%), from €309,599 to €273,808
- Current portion of long-term debt -€31,026
down €31,026 (-74.8%), from €41,484 to €10,458
- Profit (loss) carried forward +€14,671
up €14,671 (+66.9%), from €21,921 to €36,592
- Debts after one year -€10,458
down €10,458 (-100.0%), from €10,458 to €0
- Financial income -€147,133
down €147,133 (-100.0%), from €147,134 to €1
- Taxes -€38,343
down €38,343 (-61.9%), from €61,896 to €23,554
- Gross operating margin -€8,442
down €8,442 (-8.5%), from €99,084 to €90,642
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 | €410,341 | €347,568 | -€62,773 | -15.3% |
| Fixed assets | 21/28 | €289,141 | €288,332 | -€809 | -0.3% |
| Tangible fixed assets | 22/27 | €3,891 | €3,082 | -€809 | -20.8% |
| Furniture and vehicles | 24 | €3,891 | €3,082 | -€809 | -20.8% |
| Financial fixed assets | 28 | €285,250 | €285,250 | = | 0.0% |
| Current assets | 29/58 | €121,200 | €59,237 | -€61,963 | -51.1% |
| Amounts receivable within one year | 40/41 | €24,793 | €24,515 | -€278 | -1.1% |
| Trade receivables | 40 | €17,545 | €15,791 | -€1,755 | -10.0% |
| Other amounts receivable | 41 | €7,248 | €8,725 | +€1,477 | +20.4% |
| Current investments | 50/53 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €96,407 | €29,721 | -€66,686 | -69.2% |
| Total equity and liabilities | 10/49 | €410,341 | €347,568 | -€62,773 | -15.3% |
| Equity | 10/15 | €40,521 | €55,192 | +€14,671 | +36.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,921 | €36,592 | +€14,671 | +66.9% |
| Amounts payable | 17/49 | €369,820 | €292,376 | -€77,444 | -20.9% |
| Amounts payable after more than one year | 17 | €10,458 | €0 | -€10,458 | -100.0% |
| Financial debts | 170/4 | €10,458 | €0 | -€10,458 | -100.0% |
| Amounts payable within one year | 42/48 | €359,362 | €292,376 | -€66,986 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €41,484 | €10,458 | -€31,026 | -74.8% |
| Trade debts | 44 | €645 | €265 | -€380 | -58.9% |
| Suppliers | 440/4 | €645 | €265 | -€380 | -58.9% |
| Taxes, remuneration and social security | 45 | €7,635 | €7,846 | +€211 | +2.8% |
| Taxes | 450/3 | €7,635 | €7,846 | +€211 | +2.8% |
| Other amounts payable | 47/48 | €309,599 | €273,808 | -€35,791 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155 | €809 | +€654 | +421.4% |
| Other operating charges | 640/8 | €1,107 | €1,020 | -€87 | -7.9% |
| Gross operating margin | 9900 | €99,084 | €90,642 | -€8,442 | -8.5% |
| Operating profit (loss) | 9901 | €97,822 | €88,813 | -€9,009 | -9.2% |
| Financial income | 75/76B | €147,134 | €1 | -€147,133 | -100.0% |
| Recurring financial income | 75 | €147,134 | €1 | -€147,133 | -100.0% |
| Financial charges | 65/66B | €1,139 | €590 | -€550 | -48.3% |
| Recurring financial charges | 65 | €1,139 | €590 | -€550 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | €243,817 | €88,225 | -€155,592 | -63.8% |
| Income taxes | 67/77 | €61,896 | €23,554 | -€38,343 | -61.9% |
| Profit (loss) for the period | 9904 | €181,921 | €64,671 | -€117,250 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €181,921 | €64,671 | -€117,250 | -64.5% |
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 8 October 2026 via checked.be.