GKABSON: 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.
GKABSON
Largest movements
- Deferred charges and accrued income -€46,061
no longer reported in 2025 (was €46,061)
- Cash -€6,152
down €6,152 (-57.9%), from €10,621 to €4,469
mainly Advances received (-€55,734) and Other debts (-€15,637)
- Tangible fixed assets -€4,016
down €4,016 (-5.9%), from €68,080 to €64,064
of which Land and buildings: -€3,971
- Receivables within one year -€3,500
no longer reported in 2025 (was €3,500)
- Advances received -€55,734
no longer reported in 2025 (was €55,734)
- Other debts -€15,637
down €15,637 (-43.5%), from €35,918 to €20,281
- Tax, wage and social debts +€11,215
up €11,215 (+114.8%), from €9,769 to €20,984
- Profit (loss) carried forward +€4,827
up €4,827, from -€1,964 to €2,863
- Trade debts -€4,400
no longer reported in 2025 (was €4,400)
- Gross operating margin +€9,932
up €9,932 (+1936.1%), from €513 to €10,445
- Depreciation -€231
down €231 (-5.4%), from €4,247 to €4,016
- Financial charges +€225
up €225 (+95.8%), from €235 to €461
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 | €128,262 | €68,533 | -€59,729 | -46.6% |
| Fixed assets | 21/28 | €68,080 | €64,064 | -€4,016 | -5.9% |
| Tangible fixed assets | 22/27 | €68,080 | €64,064 | -€4,016 | -5.9% |
| Land and buildings | 22 | €67,944 | €63,973 | -€3,971 | -5.8% |
| Furniture and vehicles | 24 | €136 | €91 | -€46 | -33.3% |
| Current assets | 29/58 | €60,182 | €4,469 | -€55,713 | -92.6% |
| Amounts receivable within one year | 40/41 | €3,500 | - | -€3,500 | |
| Other amounts receivable | 41 | €3,500 | - | -€3,500 | |
| Cash at bank and in hand | 54/58 | €10,621 | €4,469 | -€6,152 | -57.9% |
| Deferred charges and accrued income | 490/1 | €46,061 | - | -€46,061 | |
| Total equity and liabilities | 10/49 | €128,262 | €68,533 | -€59,729 | -46.6% |
| Equity | 10/15 | €22,441 | €27,268 | +€4,827 | +21.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €5,855 | €5,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,964 | €2,863 | +€4,827 | |
| Amounts payable | 17/49 | €105,821 | €41,265 | -€64,556 | -61.0% |
| Amounts payable within one year | 42/48 | €105,821 | €41,265 | -€64,556 | -61.0% |
| Trade debts | 44 | €4,400 | - | -€4,400 | |
| Suppliers | 440/4 | €4,400 | - | -€4,400 | |
| Advances received on contracts in progress | 46 | €55,734 | - | -€55,734 | |
| Taxes, remuneration and social security | 45 | €9,769 | €20,984 | +€11,215 | +114.8% |
| Taxes | 450/3 | €9,769 | €20,984 | +€11,215 | +114.8% |
| Other amounts payable | 47/48 | €35,918 | €20,281 | -€15,637 | -43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,247 | €4,016 | -€231 | -5.4% |
| Other operating charges | 640/8 | €1,100 | €1,050 | -€50 | -4.5% |
| Gross operating margin | 9900 | €513 | €10,445 | +€9,932 | +1936.1% |
| Operating profit (loss) | 9901 | -€4,834 | €5,379 | +€10,213 | |
| Financial charges | 65/66B | €235 | €461 | +€225 | +95.8% |
| Recurring financial charges | 65 | €235 | €461 | +€225 | +95.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,069 | €4,918 | +€9,988 | |
| Income taxes | 67/77 | - | €92 | +€92 | |
| Profit (loss) for the period | 9904 | -€5,069 | €4,827 | +€9,896 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,069 | €4,827 | +€9,896 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.