GERKA: 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.
GERKA
Largest movements
- Receivables within one year +€6,249
up €6,249 (+84.5%), from €7,396 to €13,645
- Cash -€5,685
down €5,685 (-10.6%), from €53,514 to €47,829
mainly Debts within one year (-€19,442) and Receivables within one year (-€6,249)
- Tangible fixed assets -€4,973
down €4,973 (-25.0%), from €19,890 to €14,918
- Debts within one year -€19,442
down €19,442 (-90.3%), from €21,540 to €2,098
- Reserves +€15,033
up €15,033 (+25.5%), from €59,061 to €74,094
- Gross operating margin -€1,767
down €1,767 (-5.8%), from €30,371 to €28,605
- Taxes +€1,053
up €1,053 (+17.3%), from €6,072 to €7,125
From the 2013 result to the 2014 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 2013 and 2014 balance sheets and the 2014 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2013 | 2014 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,800 | €76,392 | -€4,409 | -5.5% |
| Fixed assets | 21/28 | €19,890 | €14,918 | -€4,973 | -25.0% |
| Tangible fixed assets | 22/27 | €19,890 | €14,918 | -€4,973 | -25.0% |
| Current assets | 29/58 | €60,910 | €61,474 | +€564 | +0.9% |
| Amounts receivable within one year | 40/41 | €7,396 | €13,645 | +€6,249 | +84.5% |
| Cash at bank and in hand | 54/58 | €53,514 | €47,829 | -€5,685 | -10.6% |
| Total equity and liabilities | 10/49 | €80,800 | €76,392 | -€4,409 | -5.5% |
| Equity | 10/15 | €59,261 | €74,294 | +€15,033 | +25.4% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €59,061 | €74,094 | +€15,033 | +25.5% |
| Amounts payable | 17/49 | €21,540 | €2,098 | -€19,442 | -90.3% |
| Amounts payable within one year | 42/48 | €21,540 | €2,098 | -€19,442 | -90.3% |
| Trade debts | 44 | €600 | - | -€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,973 | €4,973 | = | 0.0% |
| Gross operating margin | 9900 | €30,371 | €28,605 | -€1,767 | -5.8% |
| Operating profit (loss) | 9901 | €23,267 | €22,790 | -€477 | -2.1% |
| Recurring financial income | 75 | €190 | €700 | +€511 | +269.0% |
| Recurring financial charges | 65 | €1,706 | €1,332 | -€373 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €22,564 | €22,158 | -€407 | -1.8% |
| Income taxes | 67/77 | €6,072 | €7,125 | +€1,053 | +17.3% |
| Profit (loss) for the period | 9904 | €16,493 | €15,033 | -€1,460 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,493 | €15,033 | -€1,460 | -8.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2013 and 31 December 2014. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.