GEKATI: 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.
GEKATI
Largest movements
- Tangible fixed assets +€24,591
up €24,591 (+49.7%), from €49,522 to €74,113
of which Furniture and vehicles: +€33,227
- Deferred charges and accrued income -€4,105
down €4,105 (-96.2%), from €4,268 to €163
- Cash +€2,027
up €2,027 (+4.5%), from €45,110 to €47,137
mainly Net result for the year (+€19,514) and Depreciation (+€15,838)
- Reserves +€19,514
up €19,514 (+24.0%), from €81,347 to €100,862
- Tax, wage and social debts +€10,130
up €10,130 (+130.1%), from €7,787 to €17,917
of which Taxes: +€8,000
- Trade debts -€4,642
down €4,642 (-38.2%), from €12,149 to €7,507
- Staff costs +€4,946
up €4,946 (+15.7%), from €31,464 to €36,411
- Gross operating margin -€3,666
down €3,666 (-4.2%), from €87,553 to €83,887
- Depreciation -€3,294
down €3,294 (-17.2%), from €19,132 to €15,838
- Financial charges -€1,204
down €1,204 (-80.3%), from €1,500 to €296
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 | €106,274 | €131,276 | +€25,002 | +23.5% |
| Fixed assets | 21/28 | €49,590 | €74,181 | +€24,591 | +49.6% |
| Tangible fixed assets | 22/27 | €49,522 | €74,113 | +€24,591 | +49.7% |
| Land and buildings | 22 | €22,354 | €15,648 | -€6,706 | -30.0% |
| Plant, machinery and equipment | 23 | €7,338 | €5,407 | -€1,930 | -26.3% |
| Furniture and vehicles | 24 | €19,830 | €53,058 | +€33,227 | +167.6% |
| Financial fixed assets | 28 | €68 | €68 | = | 0.0% |
| Current assets | 29/58 | €56,684 | €57,095 | +€411 | +0.7% |
| Stocks and contracts in progress | 3 | €6,851 | €8,107 | +€1,256 | +18.3% |
| Stocks | 30/36 | €6,851 | €8,107 | +€1,256 | +18.3% |
| Amounts receivable within one year | 40/41 | €455 | €1,687 | +€1,232 | +270.9% |
| Trade receivables | 40 | €455 | €1,687 | +€1,232 | +270.9% |
| Cash at bank and in hand | 54/58 | €45,110 | €47,137 | +€2,027 | +4.5% |
| Deferred charges and accrued income | 490/1 | €4,268 | €163 | -€4,105 | -96.2% |
| Total equity and liabilities | 10/49 | €106,274 | €131,276 | +€25,002 | +23.5% |
| Equity | 10/15 | €85,347 | €104,862 | +€19,514 | +22.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €81,347 | €100,862 | +€19,514 | +24.0% |
| Distributable reserves | 133 | €81,347 | €100,862 | +€19,514 | +24.0% |
| Amounts payable | 17/49 | €20,927 | €26,415 | +€5,488 | +26.2% |
| Amounts payable within one year | 42/48 | €20,864 | €26,352 | +€5,488 | +26.3% |
| Trade debts | 44 | €12,149 | €7,507 | -€4,642 | -38.2% |
| Suppliers | 440/4 | €12,149 | €7,507 | -€4,642 | -38.2% |
| Advances received on contracts in progress | 46 | €120 | €120 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,787 | €17,917 | +€10,130 | +130.1% |
| Taxes | 450/3 | €7,787 | €15,787 | +€8,000 | +102.7% |
| Remuneration and social security | 454/9 | - | €2,130 | +€2,130 | |
| Other amounts payable | 47/48 | €808 | €808 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €63 | €63 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €31,464 | €36,411 | +€4,946 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,132 | €15,838 | -€3,294 | -17.2% |
| Other operating charges | 640/8 | €2,944 | €3,230 | +€287 | +9.7% |
| Gross operating margin | 9900 | €87,553 | €83,887 | -€3,666 | -4.2% |
| Operating profit (loss) | 9901 | €34,013 | €28,408 | -€5,604 | -16.5% |
| Financial income | 75/76B | €137 | €50 | -€87 | -63.4% |
| Recurring financial income | 75 | €137 | €50 | -€87 | -63.4% |
| Financial charges | 65/66B | €1,500 | €296 | -€1,204 | -80.3% |
| Recurring financial charges | 65 | €1,500 | €296 | -€1,204 | -80.3% |
| Profit (loss) for the period before taxes | 9903 | €32,649 | €28,162 | -€4,487 | -13.7% |
| Income taxes | 67/77 | €9,461 | €8,648 | -€814 | -8.6% |
| Profit (loss) for the period | 9904 | €23,188 | €19,514 | -€3,674 | -15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,188 | €19,514 | -€3,674 | -15.8% |
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 3 October 2026 via checked.be.