GEKRIDO: 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.
GEKRIDO
Largest movements
- Cash +€23,110
up €23,110 (+53.1%), from €43,522 to €66,632
mainly Depreciation (+€21,901) and Trade debts (+€2,873)
- Tangible fixed assets -€21,901
down €21,901 (-5.6%), from €393,691 to €371,790
of which Land and buildings: -€21,750
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€3,223
up €3,223 (+11.9%), from €27,070 to €30,293
- Depreciation +€1,248
up €1,248 (+6.0%), from €20,654 to €21,901
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 | €585,645 | €588,496 | +€2,851 | +0.5% |
| Fixed assets | 21/28 | €393,691 | €371,790 | -€21,901 | -5.6% |
| Tangible fixed assets | 22/27 | €393,691 | €371,790 | -€21,901 | -5.6% |
| Land and buildings | 22 | €393,049 | €371,299 | -€21,750 | -5.5% |
| Plant, machinery and equipment | 23 | €643 | €492 | -€151 | -23.5% |
| Current assets | 29/58 | €191,954 | €216,706 | +€24,752 | +12.9% |
| Amounts receivable within one year | 40/41 | €769 | €381 | -€388 | -50.4% |
| Trade receivables | 40 | €494 | - | -€494 | |
| Other amounts receivable | 41 | €275 | €381 | +€107 | +38.8% |
| Current investments | 50/53 | €146,290 | €146,785 | +€495 | +0.3% |
| Cash at bank and in hand | 54/58 | €43,522 | €66,632 | +€23,110 | +53.1% |
| Deferred charges and accrued income | 490/1 | €1,373 | €2,908 | +€1,535 | +112% |
| Total equity and liabilities | 10/49 | €585,645 | €588,496 | +€2,851 | +0.5% |
| Equity | 10/15 | €453,548 | €453,526 | -€22 | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €391,548 | €391,526 | -€22 | 0.0% |
| Non-distributable reserves | 130/1 | €27,886 | €27,886 | = | 0.0% |
| Legal reserve | 130 | €27,886 | €27,886 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,382 | €4,208 | -€1,174 | -21.8% |
| Distributable reserves | 133 | €358,280 | €359,433 | +€1,152 | +0.3% |
| Amounts payable | 17/49 | €132,097 | €134,970 | +€2,873 | +2.2% |
| Amounts payable within one year | 42/48 | €132,097 | €134,970 | +€2,873 | +2.2% |
| Trade debts | 44 | - | €2,873 | +€2,873 | |
| Suppliers | 440/4 | - | €2,873 | +€2,873 | |
| Other amounts payable | 47/48 | €132,097 | €132,097 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,654 | €21,901 | +€1,248 | +6.0% |
| Other operating charges | 640/8 | €8,379 | €8,640 | +€261 | +3.1% |
| Gross operating margin | 9900 | €27,070 | €30,293 | +€3,223 | +11.9% |
| Operating profit (loss) | 9901 | -€1,963 | -€248 | +€1,715 | +87.3% |
| Financial income | 75/76B | €563 | €708 | +€145 | +25.8% |
| Recurring financial income | 75 | €563 | €708 | +€145 | +25.8% |
| Financial charges | 65/66B | €323 | €482 | +€158 | +48.9% |
| Recurring financial charges | 65 | €323 | €482 | +€158 | +48.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,724 | -€22 | +€1,702 | +98.7% |
| Profit (loss) for the period | 9904 | -€1,724 | -€22 | +€1,702 | +98.7% |
| Transfer from tax-exempt reserves | 789 | €1,174 | €1,174 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€549 | €1,152 | +€1,702 |
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 16 October 2026 via checked.be.