GERTKA: 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.
GERTKA
Largest movements
- Tangible fixed assets -€10,677
down €10,677 (-47.2%), from €22,641 to €11,964
of which Furniture and vehicles: -€10,142
- Cash +€3,784
up €3,784 (+21.0%), from €18,046 to €21,830
mainly Depreciation (+€10,677) and Net result for the year (+€4,610)
- Deferred charges and accrued income +€1,927
up €1,927 (+21.8%), from €8,829 to €10,757
- Receivables within one year +€1,150
up €1,150, from €0 to €1,150
of which Trade receivables: +€1,150
- Debts after one year -€8,579
down €8,579 (-92.3%), from €9,298 to €718
- Profit (loss) carried forward +€4,610
up €4,610 (+19.1%), from -€24,201 to -€19,590
- Other debts -€3,199
down €3,199 (-34.1%), from €9,377 to €6,178
- Tax, wage and social debts +€2,651
up €2,651 (+598.2%), from €443 to €3,094
of which Taxes: +€2,651
- Accrued charges and deferred income +€820
new in 2025: €820
- Gross operating margin +€8,635
up €8,635 (+80.4%), from €10,736 to €19,371
- Taxes +€1,900
up €1,900 (+1014.2%), from €187 to €2,087
- Financial charges -€912
down €912 (-46.3%), from €1,969 to €1,057
- Depreciation -€791
down €791 (-6.9%), from €11,468 to €10,677
- Other operating charges -€356
down €356 (-27.5%), from €1,295 to €939
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 | €52,197 | €48,382 | -€3,815 | -7.3% |
| Fixed assets | 21/28 | €25,321 | €14,644 | -€10,677 | -42.2% |
| Tangible fixed assets | 22/27 | €22,641 | €11,964 | -€10,677 | -47.2% |
| Furniture and vehicles | 24 | €20,305 | €10,164 | -€10,142 | -49.9% |
| Other tangible fixed assets | 26 | €2,336 | €1,801 | -€535 | -22.9% |
| Financial fixed assets | 28 | €2,680 | €2,680 | = | 0.0% |
| Current assets | 29/58 | €26,876 | €33,737 | +€6,862 | +25.5% |
| Amounts receivable within one year | 40/41 | €0 | €1,150 | +€1,150 | |
| Trade receivables | 40 | €0 | €1,150 | +€1,150 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €18,046 | €21,830 | +€3,784 | +21.0% |
| Deferred charges and accrued income | 490/1 | €8,829 | €10,757 | +€1,927 | +21.8% |
| Total equity and liabilities | 10/49 | €52,197 | €48,382 | -€3,815 | -7.3% |
| Equity | 10/15 | €19,666 | €24,277 | +€4,610 | +23.4% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €29,867 | €29,867 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €29,867 | €29,867 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,201 | -€19,590 | +€4,610 | +19.1% |
| Amounts payable | 17/49 | €32,531 | €24,105 | -€8,426 | -25.9% |
| Amounts payable after more than one year | 17 | €9,298 | €718 | -€8,579 | -92.3% |
| Financial debts | 170/4 | €9,298 | €718 | -€8,579 | -92.3% |
| Amounts payable within one year | 42/48 | €23,233 | €22,567 | -€666 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €8,489 | €8,576 | +€87 | +1.0% |
| Trade debts | 44 | €4,923 | €4,718 | -€205 | -4.2% |
| Suppliers | 440/4 | €4,923 | €4,718 | -€205 | -4.2% |
| Taxes, remuneration and social security | 45 | €443 | €3,094 | +€2,651 | +598.2% |
| Taxes | 450/3 | €443 | €3,094 | +€2,651 | +598.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €9,377 | €6,178 | -€3,199 | -34.1% |
| Accrued charges and deferred income | 492/3 | - | €820 | +€820 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,468 | €10,677 | -€791 | -6.9% |
| Other operating charges | 640/8 | €1,295 | €939 | -€356 | -27.5% |
| Gross operating margin | 9900 | €10,736 | €19,371 | +€8,635 | +80.4% |
| Operating profit (loss) | 9901 | -€2,027 | €7,755 | +€9,782 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -89.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -89.3% |
| Financial charges | 65/66B | €1,969 | €1,057 | -€912 | -46.3% |
| Recurring financial charges | 65 | €1,969 | €1,057 | -€912 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,996 | €6,698 | +€10,694 | |
| Income taxes | 67/77 | €187 | €2,087 | +€1,900 | +1014.2% |
| Profit (loss) for the period | 9904 | -€4,183 | €4,610 | +€8,794 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,183 | €4,610 | +€8,794 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.