GEKA KAAS: 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.
GEKA KAAS
Largest movements
- Receivables within one year +€10,958
up €10,958 (+44.7%), from €24,493 to €35,452
of which Trade receivables: +€10,406
- Tangible fixed assets -€6,501
down €6,501 (-14.9%), from €43,545 to €37,044
of which Land and buildings: -€5,260
- Cash +€5,698
up €5,698 (+64.7%), from €8,813 to €14,511
mainly Depreciation (+€6,501) and Net result for the year (+€6,032)
- Profit (loss) carried forward +€6,032
up €6,032 (+5.6%), from -€108,429 to -€102,397
- Current portion of long-term debt +€3,293
up €3,293 (+20.6%), from €15,975 to €19,268
- Other debts -€3,091
down €3,091 (-100%), from €3,091 to €0
- Tax, wage and social debts +€2,690
up €2,690 (+19.4%), from €13,856 to €16,546
- Trade debts +€2,535
up €2,535 (+12.3%), from €20,608 to €23,143
- Gross operating margin -€26,144
down €26,144 (-45.2%), from €57,860 to €31,716
- Financial income -€3,083
down €3,083 (-97.4%), from €3,164 to €82
- Financial charges +€1,195
up €1,195 (+9.0%), from €13,310 to €14,505
- Depreciation -€962
down €962 (-12.9%), from €7,463 to €6,501
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 | €90,921 | €100,944 | +€10,024 | +11.0% |
| Fixed assets | 21/28 | €44,045 | €37,544 | -€6,501 | -14.8% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €43,545 | €37,044 | -€6,501 | -14.9% |
| Land and buildings | 22 | €37,412 | €32,152 | -€5,260 | -14.1% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €18 | €0 | -€18 | -100% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | €6,115 | €4,892 | -€1,223 | -20.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €46,875 | €63,401 | +€16,525 | +35.3% |
| Stocks and contracts in progress | 3 | €11,196 | €10,836 | -€360 | -3.2% |
| Stocks | 30/36 | €11,196 | €10,836 | -€360 | -3.2% |
| Amounts receivable within one year | 40/41 | €24,493 | €35,452 | +€10,958 | +44.7% |
| Trade receivables | 40 | €4,954 | €15,360 | +€10,406 | +210% |
| Other amounts receivable | 41 | €19,540 | €20,092 | +€553 | +2.8% |
| Cash at bank and in hand | 54/58 | €8,813 | €14,511 | +€5,698 | +64.7% |
| Deferred charges and accrued income | 490/1 | €2,374 | €2,602 | +€229 | +9.6% |
| Total equity and liabilities | 10/49 | €90,921 | €100,944 | +€10,024 | +11.0% |
| Equity | 10/15 | -€96,519 | -€90,487 | +€6,032 | +6.2% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €5,610 | €5,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,750 | €3,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,429 | -€102,397 | +€6,032 | +5.6% |
| Amounts payable | 17/49 | €187,439 | €191,431 | +€3,992 | +2.1% |
| Amounts payable after more than one year | 17 | €113,250 | €111,331 | -€1,919 | -1.7% |
| Financial debts | 170/4 | €113,250 | €111,331 | -€1,919 | -1.7% |
| Amounts payable within one year | 42/48 | €74,190 | €80,100 | +€5,910 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €15,975 | €19,268 | +€3,293 | +20.6% |
| Financial debts | 43 | €20,660 | €21,143 | +€483 | +2.3% |
| Credit institutions | 430/8 | €20,660 | €21,143 | +€483 | +2.3% |
| Trade debts | 44 | €20,608 | €23,143 | +€2,535 | +12.3% |
| Suppliers | 440/4 | €20,608 | €23,143 | +€2,535 | +12.3% |
| Taxes, remuneration and social security | 45 | €13,856 | €16,546 | +€2,690 | +19.4% |
| Taxes | 450/3 | €13,856 | €16,546 | +€2,690 | +19.4% |
| Other amounts payable | 47/48 | €3,091 | €0 | -€3,091 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,463 | €6,501 | -€962 | -12.9% |
| Other operating charges | 640/8 | €4,313 | €4,585 | +€272 | +6.3% |
| Gross operating margin | 9900 | €57,860 | €31,716 | -€26,144 | -45.2% |
| Operating profit (loss) | 9901 | €46,083 | €20,630 | -€25,454 | -55.2% |
| Financial income | 75/76B | €3,164 | €82 | -€3,083 | -97.4% |
| Recurring financial income | 75 | €3,164 | €82 | -€3,083 | -97.4% |
| Financial charges | 65/66B | €13,310 | €14,505 | +€1,195 | +9.0% |
| Recurring financial charges | 65 | €13,310 | €14,505 | +€1,195 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €35,938 | €6,206 | -€29,732 | -82.7% |
| Income taxes | 67/77 | €186 | €174 | -€11 | -6.1% |
| Profit (loss) for the period | 9904 | €35,752 | €6,032 | -€29,720 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,752 | €6,032 | -€29,720 | -83.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.