GEKKOIL: 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.
GEKKOIL
Largest movements
- Cash -€16,537
down €16,537 (-97.4%), from €16,971 to €434
mainly Trade debts (-€20,026) and Debts after one year (-€6,308)
- Receivables within one year +€2,939
up €2,939 (+13.0%), from €22,666 to €25,605
of which Other amounts receivable: +€1,488
- Financial fixed assets +€1,000
new in 2023: €1,000
- Tangible fixed assets -€916
down €916 (-12.0%), from €7,643 to €6,727
- Trade debts -€20,026
down €20,026 (-61.6%), from €32,490 to €12,463
- Other debts +€10,455
up €10,455 (+681%), from €1,534 to €11,990
- Debts after one year -€6,308
down €6,308 (-45.4%), from €13,906 to €7,597
- Profit (loss) carried forward +€1,832
up €1,832 (+19.5%), from -€9,419 to -€7,586
- Gross operating margin +€10,075
up €10,075, from -€5,840 to €4,235
- Other operating charges +€707
new in 2023: €707
- Financial charges -€566
down €566 (-42.1%), from €1,346 to €779
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,280 | €38,766 | -€13,513 | -25.8% |
| Fixed assets | 21/28 | €12,643 | €12,727 | +€84 | +0.7% |
| Intangible fixed assets | 21 | €5,000 | €5,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €7,643 | €6,727 | -€916 | -12.0% |
| Furniture and vehicles | 24 | €7,643 | €6,727 | -€916 | -12.0% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €39,637 | €26,039 | -€13,597 | -34.3% |
| Amounts receivable within one year | 40/41 | €22,666 | €25,605 | +€2,939 | +13.0% |
| Trade receivables | 40 | €13,642 | €15,093 | +€1,451 | +10.6% |
| Other amounts receivable | 41 | €9,023 | €10,512 | +€1,488 | +16.5% |
| Cash at bank and in hand | 54/58 | €16,971 | €434 | -€16,537 | -97.4% |
| Total equity and liabilities | 10/49 | €52,280 | €38,766 | -€13,513 | -25.8% |
| Equity | 10/15 | -€4,033 | -€2,200 | +€1,832 | +45.4% |
| Contributions | 10/11 | €5,386 | €5,386 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,419 | -€7,586 | +€1,832 | +19.5% |
| Amounts payable | 17/49 | €56,312 | €40,967 | -€15,346 | -27.3% |
| Amounts payable after more than one year | 17 | €13,906 | €7,597 | -€6,308 | -45.4% |
| Financial debts | 170/4 | €13,906 | €7,597 | -€6,308 | -45.4% |
| Amounts payable within one year | 42/48 | €42,407 | €33,369 | -€9,037 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €6,126 | €6,308 | +€183 | +3.0% |
| Trade debts | 44 | €32,490 | €12,463 | -€20,026 | -61.6% |
| Suppliers | 440/4 | €32,490 | €12,463 | -€20,026 | -61.6% |
| Taxes, remuneration and social security | 45 | €2,257 | €2,608 | +€351 | +15.5% |
| Taxes | 450/3 | €2,257 | €2,608 | +€351 | +15.5% |
| Other amounts payable | 47/48 | €1,534 | €11,990 | +€10,455 | +681% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €916 | €916 | = | 0.0% |
| Other operating charges | 640/8 | - | €707 | +€707 | |
| Gross operating margin | 9900 | -€5,840 | €4,235 | +€10,075 | |
| Operating profit (loss) | 9901 | -€6,756 | €2,612 | +€9,368 | |
| Financial charges | 65/66B | €1,346 | €779 | -€566 | -42.1% |
| Recurring financial charges | 65 | €1,346 | €779 | -€566 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,102 | €1,832 | +€9,934 | |
| Profit (loss) for the period | 9904 | -€8,102 | €1,832 | +€9,934 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,102 | €1,832 | +€9,934 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.