GK & COMPANY: what changed
GK & COMPANY
Largest movements
- Stocks and contracts -€10,211
down €10,211 (-27.0%), from €37,853 to €27,642
- Tangible fixed assets +€9,850
up €9,850 (+895%), from €1,100 to €10,950
- Cash +€686
up €686 (+49.5%), from €1,386 to €2,072
mainly Stocks and contracts (+€10,211) and Depreciation (+€3,150)
- Debts after one year -€3,040
no longer reported in 2025 (was €3,040)
- Profit (loss) carried forward +€2,342
up €2,342 (+52.9%), from €4,430 to €6,772
- Trade debts +€2,329
up €2,329 (+73.4%), from €3,172 to €5,501
- Tax, wage and social debts -€1,306
down €1,306 (-9.5%), from €13,698 to €12,392
of which Taxes: -€1,374
- Gross operating margin -€8,204
down €8,204 (-48.6%), from €16,874 to €8,670
- Depreciation +€2,600
up €2,600 (+473%), from €550 to €3,150
- Other operating charges +€1,270
up €1,270 (+109%), from €1,169 to €2,439
- Taxes -€522
down €522 (-47.1%), from €1,107 to €586
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,339 | €40,665 | +€326 | +0.8% |
| Fixed assets | 21/28 | €1,100 | €10,950 | +€9,850 | +895% |
| Tangible fixed assets | 22/27 | €1,100 | €10,950 | +€9,850 | +895% |
| Furniture and vehicles | 24 | €1,100 | €10,950 | +€9,850 | +895% |
| Current assets | 29/58 | €39,239 | €29,715 | -€9,524 | -24.3% |
| Stocks and contracts in progress | 3 | €37,853 | €27,642 | -€10,211 | -27.0% |
| Stocks | 30/36 | €37,853 | €27,642 | -€10,211 | -27.0% |
| Cash at bank and in hand | 54/58 | €1,386 | €2,072 | +€686 | +49.5% |
| Total equity and liabilities | 10/49 | €40,339 | €40,665 | +€326 | +0.8% |
| Equity | 10/15 | €20,430 | €22,772 | +€2,342 | +11.5% |
| Contributions | 10/11 | €16,000 | €16,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,430 | €6,772 | +€2,342 | +52.9% |
| Amounts payable | 17/49 | €19,909 | €17,893 | -€2,017 | -10.1% |
| Amounts payable after more than one year | 17 | €3,040 | - | -€3,040 | |
| Other amounts payable | 178/9 | €3,040 | - | -€3,040 | |
| Amounts payable within one year | 42/48 | €16,869 | €17,893 | +€1,023 | +6.1% |
| Trade debts | 44 | €3,172 | €5,501 | +€2,329 | +73.4% |
| Suppliers | 440/4 | €3,172 | €5,501 | +€2,329 | +73.4% |
| Taxes, remuneration and social security | 45 | €13,698 | €12,392 | -€1,306 | -9.5% |
| Taxes | 450/3 | €10,427 | €9,053 | -€1,374 | -13.2% |
| Remuneration and social security | 454/9 | €3,270 | €3,338 | +€68 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €550 | €3,150 | +€2,600 | +473% |
| Other operating charges | 640/8 | €1,169 | €2,439 | +€1,270 | +109% |
| Gross operating margin | 9900 | €16,874 | €8,670 | -€8,204 | -48.6% |
| Operating profit (loss) | 9901 | €15,155 | €3,081 | -€12,074 | -79.7% |
| Financial charges | 65/66B | €153 | €153 | +€1 | +0.3% |
| Recurring financial charges | 65 | €153 | €153 | +€1 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €15,002 | €2,928 | -€12,074 | -80.5% |
| Income taxes | 67/77 | €1,107 | €586 | -€522 | -47.1% |
| Profit (loss) for the period | 9904 | €13,895 | €2,342 | -€11,553 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,895 | €2,342 | -€11,553 | -83.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.