Gecomo: 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.
Gecomo
Largest movements
- Tangible fixed assets +€27,765
up €27,765 (+769%), from €3,611 to €31,376
of which Furniture and vehicles: +€26,550
- Cash +€11,124
up €11,124 (+4.8%), from €233,941 to €245,065
mainly Other debts (+€123,755) and Net result for the year (+€74,232)
- Profit (loss) carried forward -€305,106
down €305,106 (-100%), from €305,106 to €0
- Reserves +€234,338
up €234,338 (+12,599%), from €1,860 to €236,198
- Other debts +€123,755
up €123,755 (+4,923%), from €2,514 to €126,269
- Debts after one year -€13,476
down €13,476 (-62.8%), from €21,460 to €7,984
- Gross operating margin +€24,561
up €24,561 (+33.5%), from €73,378 to €97,939
- Taxes +€4,594
up €4,594 (+31.2%), from €14,708 to €19,303
- Depreciation +€2,770
up €2,770 (+289%), from €960 to €3,730
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 | €364,144 | €403,683 | +€39,538 | +10.9% |
| Fixed assets | 21/28 | €128,619 | €156,385 | +€27,766 | +21.6% |
| Tangible fixed assets | 22/27 | €3,611 | €31,376 | +€27,765 | +769% |
| Plant, machinery and equipment | 23 | - | €1,215 | +€1,215 | |
| Furniture and vehicles | 24 | €3,611 | €30,161 | +€26,550 | +735% |
| Financial fixed assets | 28 | €125,008 | €125,009 | +€1 | 0.0% |
| Current assets | 29/58 | €235,525 | €247,298 | +€11,773 | +5.0% |
| Amounts receivable within one year | 40/41 | €867 | €1,706 | +€839 | +96.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €867 | €1,706 | +€839 | +96.7% |
| Cash at bank and in hand | 54/58 | €233,941 | €245,065 | +€11,124 | +4.8% |
| Deferred charges and accrued income | 490/1 | €717 | €527 | -€190 | -26.5% |
| Total equity and liabilities | 10/49 | €364,144 | €403,683 | +€39,538 | +10.9% |
| Equity | 10/15 | €325,566 | €254,798 | -€70,768 | -21.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €236,198 | +€234,338 | +12,599% |
| Distributable reserves | 133 | €1,860 | €236,198 | +€234,338 | +12,599% |
| Profit (loss) carried forward | 14 | €305,106 | €0 | -€305,106 | -100% |
| Amounts payable | 17/49 | €38,578 | €148,884 | +€110,306 | +286% |
| Amounts payable after more than one year | 17 | €21,460 | €7,984 | -€13,476 | -62.8% |
| Financial debts | 170/4 | €21,460 | €7,984 | -€13,476 | -62.8% |
| Amounts payable within one year | 42/48 | €17,118 | €140,900 | +€123,782 | +723% |
| Current portion of amounts payable after more than one year | 42 | €13,215 | €13,476 | +€262 | +2.0% |
| Trade debts | 44 | €1,260 | €1,155 | -€105 | -8.3% |
| Suppliers | 440/4 | €1,260 | €1,155 | -€105 | -8.3% |
| Taxes, remuneration and social security | 45 | €129 | €0 | -€129 | -100% |
| Taxes | 450/3 | €129 | €0 | -€129 | -100% |
| Other amounts payable | 47/48 | €2,514 | €126,269 | +€123,755 | +4,923% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €960 | €3,730 | +€2,770 | +289% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €73,378 | €97,939 | +€24,561 | +33.5% |
| Operating profit (loss) | 9901 | €71,912 | €93,689 | +€21,777 | +30.3% |
| Financial income | 75/76B | €1,054 | €1,375 | +€321 | +30.5% |
| Recurring financial income | 75 | €1,054 | €1,375 | +€321 | +30.5% |
| Financial charges | 65/66B | €2,258 | €1,529 | -€729 | -32.3% |
| Recurring financial charges | 65 | €2,258 | €1,529 | -€729 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €70,708 | €93,535 | +€22,827 | +32.3% |
| Income taxes | 67/77 | €14,708 | €19,303 | +€4,594 | +31.2% |
| Profit (loss) for the period | 9904 | €55,999 | €74,232 | +€18,233 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,999 | €74,232 | +€18,233 | +32.6% |
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.