GKG Projects & Consulting: 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.
GKG Projects & Consulting
Largest movements
- Cash -€10,264
down €10,264 (-55.6%), from €18,455 to €8,191
mainly Contributions, distributions and other (-€29,278) and Other debts (-€20,964)
- Tangible fixed assets -€2,001
down €2,001 (-7.9%), from €25,471 to €23,470
of which Land and buildings: -€7,069
- Other debts -€20,964
down €20,964 (-97.6%), from €21,484 to €521
- Reserves +€4,857
up €4,857 (+16.3%), from €29,785 to €34,642
- Tax, wage and social debts +€2,873
up €2,873 (+40.3%), from €7,134 to €10,008
of which Taxes: +€2,819
- Gross operating margin +€13,089
up €13,089 (+29.9%), from €43,779 to €56,868
- Taxes +€2,839
up €2,839 (+30.9%), from €9,177 to €12,016
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 | €59,908 | €47,080 | -€12,828 | -21.4% |
| Fixed assets | 21/28 | €25,471 | €23,470 | -€2,001 | -7.9% |
| Tangible fixed assets | 22/27 | €25,471 | €23,470 | -€2,001 | -7.9% |
| Land and buildings | 22 | €23,722 | €16,653 | -€7,069 | -29.8% |
| Plant, machinery and equipment | 23 | €1,748 | €6,817 | +€5,069 | +290% |
| Current assets | 29/58 | €34,437 | €23,610 | -€10,828 | -31.4% |
| Amounts receivable within one year | 40/41 | €15,983 | €15,419 | -€563 | -3.5% |
| Trade receivables | 40 | €15,682 | €15,140 | -€541 | -3.5% |
| Other amounts receivable | 41 | €301 | €279 | -€22 | -7.4% |
| Cash at bank and in hand | 54/58 | €18,455 | €8,191 | -€10,264 | -55.6% |
| Total equity and liabilities | 10/49 | €59,908 | €47,080 | -€12,828 | -21.4% |
| Equity | 10/15 | €31,285 | €36,142 | +€4,857 | +15.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €29,785 | €34,642 | +€4,857 | +16.3% |
| Distributable reserves | 133 | €29,785 | €34,642 | +€4,857 | +16.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,623 | €10,937 | -€17,686 | -61.8% |
| Amounts payable within one year | 42/48 | €28,623 | €10,937 | -€17,686 | -61.8% |
| Trade debts | 44 | €4 | €204 | +€200 | +4,505% |
| Suppliers | 440/4 | €4 | €204 | +€200 | +4,505% |
| Advances received on contracts in progress | 46 | - | €204 | +€204 | |
| Taxes, remuneration and social security | 45 | €7,134 | €10,008 | +€2,873 | +40.3% |
| Taxes | 450/3 | €7,134 | €9,953 | +€2,819 | +39.5% |
| Remuneration and social security | 454/9 | - | €55 | +€55 | |
| Other amounts payable | 47/48 | €21,484 | €521 | -€20,964 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,044 | €9,401 | +€357 | +3.9% |
| Other operating charges | 640/8 | €1,220 | €1,249 | +€29 | +2.4% |
| Gross operating margin | 9900 | €43,779 | €56,868 | +€13,089 | +29.9% |
| Operating profit (loss) | 9901 | €33,516 | €46,219 | +€12,703 | +37.9% |
| Financial income | 75/76B | €6 | €1 | -€4 | -73.8% |
| Recurring financial income | 75 | €6 | €1 | -€4 | -73.8% |
| Financial charges | 65/66B | €67 | €70 | +€2 | +3.3% |
| Recurring financial charges | 65 | €67 | €70 | +€2 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €33,454 | €46,150 | +€12,696 | +38.0% |
| Income taxes | 67/77 | €9,177 | €12,016 | +€2,839 | +30.9% |
| Profit (loss) for the period | 9904 | €24,278 | €34,135 | +€9,857 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,278 | €34,135 | +€9,857 | +40.6% |
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.