GK-group: what changed
GK-group
Largest movements
- Receivables within one year +€50,224
up €50,224 (+1,253%), from €4,008 to €54,232
of which Other amounts receivable: +€35,704
- Cash -€30,868
down €30,868 (-81.3%), from €37,956 to €7,088
mainly Receivables within one year (-€50,224) and Accrued charges and deferred income (-€1,950)
- Deferred charges and accrued income -€1,492
down €1,492 (-92.0%), from €1,621 to €129
- Tangible fixed assets +€1,263
up €1,263 (+136%), from €928 to €2,191
of which Furniture and vehicles: +€812
- Tax, wage and social debts +€10,480
up €10,480 (+62.9%), from €16,668 to €27,148
- Reserves +€7,131
up €7,131 (+32.8%), from €21,770 to €28,901
- Trade debts +€3,465
up €3,465 (+213%), from €1,626 to €5,091
- Accrued charges and deferred income -€1,950
no longer reported in 2024 (was €1,950)
- Gross operating margin -€20,960
down €20,960 (-63.2%), from €33,169 to €12,209
- Taxes -€5,444
down €5,444 (-65.4%), from €8,320 to €2,876
- Financial income +€1,497
new in 2024: €1,497
- Depreciation +€562
up €562 (+489%), from €115 to €677
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,513 | €63,640 | +€19,127 | +43.0% |
| Fixed assets | 21/28 | €928 | €2,191 | +€1,263 | +136% |
| Tangible fixed assets | 22/27 | €928 | €2,191 | +€1,263 | +136% |
| Plant, machinery and equipment | 23 | €928 | €1,379 | +€451 | +48.6% |
| Furniture and vehicles | 24 | - | €812 | +€812 | |
| Current assets | 29/58 | €43,585 | €61,449 | +€17,864 | +41.0% |
| Amounts receivable within one year | 40/41 | €4,008 | €54,232 | +€50,224 | +1,253% |
| Trade receivables | 40 | - | €14,520 | +€14,520 | |
| Other amounts receivable | 41 | €4,008 | €39,712 | +€35,704 | +891% |
| Cash at bank and in hand | 54/58 | €37,956 | €7,088 | -€30,868 | -81.3% |
| Deferred charges and accrued income | 490/1 | €1,621 | €129 | -€1,492 | -92.0% |
| Total equity and liabilities | 10/49 | €44,513 | €63,640 | +€19,127 | +43.0% |
| Equity | 10/15 | €24,270 | €31,401 | +€7,131 | +29.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €21,770 | €28,901 | +€7,131 | +32.8% |
| Distributable reserves | 133 | €21,770 | €28,901 | +€7,131 | +32.8% |
| Profit (loss) carried forward | 14 | - | -€0 | -€0 | |
| Amounts payable | 17/49 | €20,243 | €32,239 | +€11,995 | +59.3% |
| Amounts payable within one year | 42/48 | €18,293 | €32,239 | +€13,945 | +76.2% |
| Trade debts | 44 | €1,626 | €5,091 | +€3,465 | +213% |
| Suppliers | 440/4 | €1,626 | €5,091 | +€3,465 | +213% |
| Taxes, remuneration and social security | 45 | €16,668 | €27,148 | +€10,480 | +62.9% |
| Taxes | 450/3 | €16,668 | €27,148 | +€10,480 | +62.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,950 | - | -€1,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115 | €677 | +€562 | +489% |
| Other operating charges | 640/8 | €779 | €595 | -€183 | -23.6% |
| Gross operating margin | 9900 | €33,169 | €12,209 | -€20,960 | -63.2% |
| Operating profit (loss) | 9901 | €32,275 | €10,937 | -€21,338 | -66.1% |
| Financial income | 75/76B | - | €1,497 | +€1,497 | |
| Recurring financial income | 75 | - | €1,497 | +€1,497 | |
| Financial charges | 65/66B | €2,186 | €2,426 | +€241 | +11.0% |
| Recurring financial charges | 65 | €2,186 | €2,426 | +€241 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €30,090 | €10,007 | -€20,082 | -66.7% |
| Income taxes | 67/77 | €8,320 | €2,876 | -€5,444 | -65.4% |
| Profit (loss) for the period | 9904 | €21,770 | €7,131 | -€14,639 | -67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,770 | €7,131 | -€14,639 | -67.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.