GEKRILCA: 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.
What changed
GEKRILCA
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€37,003
2024 · -€63,474+€26,471
Equity
€1.3m
2024 · €1.4m-€37,003
Cash
€7,809
2024 · €23,643-€15,833
Balance sheet total
€4.8m
2024 · €4.8m-€8,141
Largest movements
Assets
- Tangible fixed assets -€65,358
down €65,358 (-3.9%), from €1.7m to €1.6m
of which Land and buildings: -€55,372
- Financial fixed assets +€60,000
up €60,000 (+2.9%), from €2.1m to €2.1m
Equity and liabilities
- Debts after one year +€59,744
up €59,744 (+1.9%), from €3.1m to €3.2m
of which Other amounts payable: +€156,315
Income statement
- Gross operating margin +€27,953
up €27,953 (+10.7%), from €260,700 to €288,653
- Staff costs +€11,908
up €11,908 (+11.8%), from €101,002 to €112,910
- Financial charges -€8,295
down €8,295 (-4.9%), from €168,926 to €160,631
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.
Result 2024
-€63,474
Gross operating margin
+€27,953
Staff costs
-€11,908
Depreciation
+€2,505
Other operating charges
-€15
Other operating items
-€1,321
Financial income
+€941
Financial charges
+€8,295
Taxes
+€21
Result 2025
-€37,003
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.
From operations
-€5,012
Investment
-€59,029
Financing
+€48,207
Cash 2024
€23,643
From operations (derived)
-€5,012
Net result for the year
-€37,003
Depreciation
+€64,387
Receivables after one year
-€34,441
Receivables within one year
+€21,390
Trade debts
-€18,903
Tax, wage and social debts
-€442
Investment (derived)
-€59,029
Investment in fixed assets (net)
-€59,029
Financing
+€48,207
Debts after one year
+€59,744
Current portion of long-term debt
-€7,320
Short-term financial debts
-€4,216
Cash 2025
€7,809
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,767,518 | €4,759,377 | -€8,141 | -0.2% |
| Fixed assets | 21/28 | €3,753,096 | €3,747,738 | -€5,358 | -0.1% |
| Tangible fixed assets | 22/27 | €1,689,198 | €1,623,841 | -€65,358 | -3.9% |
| Land and buildings | 22 | €1,635,113 | €1,579,742 | -€55,372 | -3.4% |
| Plant, machinery and equipment | 23 | €661 | €221 | -€440 | -66.6% |
| Furniture and vehicles | 24 | €2,806 | €795 | -€2,011 | -71.7% |
| Leasing and similar rights | 25 | €50,619 | €43,084 | -€7,535 | -14.9% |
| Financial fixed assets | 28 | €2,063,897 | €2,123,897 | +€60,000 | +2.9% |
| Current assets | 29/58 | €1,014,422 | €1,011,639 | -€2,783 | -0.3% |
| Amounts receivable after more than one year | 29 | €629,394 | €663,835 | +€34,441 | +5.5% |
| Other amounts receivable | 291 | €629,394 | €663,835 | +€34,441 | +5.5% |
| Amounts receivable within one year | 40/41 | €361,385 | €339,995 | -€21,390 | -5.9% |
| Trade receivables | 40 | €361,385 | €339,995 | -€21,390 | -5.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €23,643 | €7,809 | -€15,833 | -67.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €4,767,518 | €4,759,377 | -€8,141 | -0.2% |
| Equity | 10/15 | €1,377,554 | €1,340,551 | -€37,003 | -2.7% |
| Contributions | 10/11 | €752,774 | €752,774 | = | 0.0% |
| Capital | 10 | €752,774 | €752,774 | = | 0.0% |
| Issued capital | 100 | €752,774 | €752,774 | = | 0.0% |
| Reserves | 13 | €130,277 | €130,277 | = | 0.0% |
| Non-distributable reserves | 130/1 | €75,277 | €75,277 | = | 0.0% |
| Legal reserve | 130 | €75,277 | €75,277 | = | 0.0% |
| Distributable reserves | 133 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €494,503 | €457,500 | -€37,003 | -7.5% |
| Amounts payable | 17/49 | €3,389,963 | €3,418,826 | +€28,862 | +0.9% |
| Amounts payable after more than one year | 17 | €3,131,689 | €3,191,432 | +€59,744 | +1.9% |
| Financial debts | 170/4 | €773,096 | €676,525 | -€96,571 | -12.5% |
| Other amounts payable | 178/9 | €2,358,592 | €2,514,908 | +€156,315 | +6.6% |
| Amounts payable within one year | 42/48 | €257,975 | €227,093 | -€30,881 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €103,802 | €96,482 | -€7,320 | -7.1% |
| Financial debts | 43 | €4,216 | €0 | -€4,216 | -100.0% |
| Credit institutions | 430/8 | €4,216 | €0 | -€4,216 | -100.0% |
| Trade debts | 44 | €105,821 | €86,918 | -€18,903 | -17.9% |
| Suppliers | 440/4 | €105,821 | €86,918 | -€18,903 | -17.9% |
| Taxes, remuneration and social security | 45 | €42,036 | €41,593 | -€442 | -1.1% |
| Taxes | 450/3 | €22,082 | €19,847 | -€2,234 | -10.1% |
| Remuneration and social security | 454/9 | €19,954 | €21,746 | +€1,792 | +9.0% |
| Other amounts payable | 47/48 | €2,100 | €2,100 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €300 | €300 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €101,002 | €112,910 | +€11,908 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,892 | €64,387 | -€2,505 | -3.7% |
| Other operating charges | 640/8 | €21,139 | €21,153 | +€15 | +0.1% |
| Non-recurring operating charges | 66A | - | €1,321 | +€1,321 | |
| Gross operating margin | 9900 | €260,700 | €288,653 | +€27,953 | +10.7% |
| Operating profit (loss) | 9901 | €71,668 | €88,882 | +€17,214 | +24.0% |
| Financial income | 75/76B | €34,100 | €35,041 | +€941 | +2.8% |
| Recurring financial income | 75 | €34,100 | €35,041 | +€941 | +2.8% |
| Financial charges | 65/66B | €168,926 | €160,631 | -€8,295 | -4.9% |
| Recurring financial charges | 65 | €168,926 | €160,631 | -€8,295 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | -€63,158 | -€36,708 | +€26,450 | +41.9% |
| Income taxes | 67/77 | €316 | €295 | -€21 | -6.6% |
| Profit (loss) for the period | 9904 | -€63,474 | -€37,003 | +€26,471 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,474 | -€37,003 | +€26,471 | +41.7% |
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 4 October 2026 via checked.be.