GIKAGO SERVICE: 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.
GIKAGO SERVICE
Largest movements
- Tangible fixed assets -€5,266
down €5,266 (-87.6%), from €6,012 to €746
of which Land and buildings: -€6,000
- Receivables within one year -€1,388
down €1,388 (-26.1%), from €5,309 to €3,921
of which Trade receivables: -€2,159
- Deferred charges and accrued income -€273
down €273 (-82.3%), from €332 to €59
- Profit (loss) carried forward -€7,776
down €7,776, from €1,058 to -€6,717
- Other debts +€2,592
up €2,592 (+49.8%), from €5,204 to €7,796
- Tax, wage and social debts -€1,576
down €1,576 (-91.5%), from €1,723 to €147
of which Taxes: -€1,576
- Trade debts -€244
down €244 (-5.3%), from €4,610 to €4,366
- Write-downs +€15,000
up €15,000, from €0 to €15,000
- Gross operating margin +€12,076
up €12,076, from -€1,903 to €10,173
- Depreciation -€1,674
down €1,674 (-86.3%), from €1,940 to €266
- Other operating charges -€696
down €696 (-57.8%), from €1,204 to €508
- Financial charges +€192
up €192 (+10.4%), from €1,840 to €2,032
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 | €13,095 | €6,091 | -€7,004 | -53.5% |
| Fixed assets | 21/28 | €6,012 | €746 | -€5,266 | -87.6% |
| Tangible fixed assets | 22/27 | €6,012 | €746 | -€5,266 | -87.6% |
| Land and buildings | 22 | €6,000 | €0 | -€6,000 | -100% |
| Furniture and vehicles | 24 | €12 | €746 | +€734 | +6,148% |
| Current assets | 29/58 | €7,083 | €5,345 | -€1,738 | -24.5% |
| Amounts receivable within one year | 40/41 | €5,309 | €3,921 | -€1,388 | -26.1% |
| Trade receivables | 40 | €5,309 | €3,150 | -€2,159 | -40.7% |
| Other amounts receivable | 41 | €0 | €771 | +€771 | |
| Cash at bank and in hand | 54/58 | €1,442 | €1,365 | -€77 | -5.3% |
| Deferred charges and accrued income | 490/1 | €332 | €59 | -€273 | -82.3% |
| Total equity and liabilities | 10/49 | €13,095 | €6,091 | -€7,004 | -53.5% |
| Equity | 10/15 | €1,558 | -€6,217 | -€7,776 | |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,058 | -€6,717 | -€7,776 | |
| Amounts payable | 17/49 | €11,536 | €12,309 | +€772 | +6.7% |
| Amounts payable within one year | 42/48 | €11,536 | €12,309 | +€772 | +6.7% |
| Trade debts | 44 | €4,610 | €4,366 | -€244 | -5.3% |
| Suppliers | 440/4 | €4,610 | €4,366 | -€244 | -5.3% |
| Taxes, remuneration and social security | 45 | €1,723 | €147 | -€1,576 | -91.5% |
| Taxes | 450/3 | €1,723 | €147 | -€1,576 | -91.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,204 | €7,796 | +€2,592 | +49.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,940 | €266 | -€1,674 | -86.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €15,000 | +€15,000 | |
| Other operating charges | 640/8 | €1,204 | €508 | -€696 | -57.8% |
| Gross operating margin | 9900 | -€1,903 | €10,173 | +€12,076 | |
| Operating profit (loss) | 9901 | -€5,047 | -€5,601 | -€554 | -11.0% |
| Financial income | 75/76B | €11 | €4 | -€6 | -59.8% |
| Recurring financial income | 75 | €11 | €4 | -€6 | -59.8% |
| Financial charges | 65/66B | €1,840 | €2,032 | +€192 | +10.4% |
| Recurring financial charges | 65 | €1,840 | €2,032 | +€192 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,877 | -€7,629 | -€752 | -10.9% |
| Income taxes | 67/77 | €91 | €147 | +€56 | +60.8% |
| Profit (loss) for the period | 9904 | -€6,968 | -€7,776 | -€808 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,968 | -€7,776 | -€808 | -11.6% |
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 24 October 2026 via checked.be.