GKS SYSTEMS: 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.
GKS SYSTEMS
Largest movements
- Cash +€36,143
up €36,143 (+144%), from €25,179 to €61,322
mainly Net result for the year (+€23,425) and Receivables within one year (+€9,883)
- Tangible fixed assets +€10,206
new in 2025: €10,206
- Receivables within one year -€9,883
down €9,883 (-77.8%), from €12,699 to €2,816
of which Trade receivables: -€9,537
- Deferred charges and accrued income +€1,728
up €1,728 (+2,486%), from €70 to €1,797
- Profit (loss) carried forward +€23,425
up €23,425 (+116%), from €20,241 to €43,666
- Tax, wage and social debts +€9,517
up €9,517 (+135%), from €7,070 to €16,586
of which Remuneration and social security: +€8,530
- Trade debts +€4,437
up €4,437 (+614%), from €723 to €5,160
- Other debts +€815
up €815 (+9.8%), from €8,314 to €9,129
- Gross operating margin +€59,623
up €59,623 (+233%), from €25,637 to €85,260
- Staff costs +€52,587
new in 2025: €52,587
- Depreciation +€1,363
new in 2025: €1,363
- Taxes +€987
up €987 (+19.5%), from €5,070 to €6,056
- Financial charges +€975
up €975 (+1,008%), from €97 to €1,071
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 | €38,347 | €76,541 | +€38,194 | +99.6% |
| Fixed assets | 21/28 | €400 | €10,606 | +€10,206 | +2,551% |
| Tangible fixed assets | 22/27 | - | €10,206 | +€10,206 | |
| Furniture and vehicles | 24 | - | €10,206 | +€10,206 | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €37,947 | €65,936 | +€27,988 | +73.8% |
| Amounts receivable within one year | 40/41 | €12,699 | €2,816 | -€9,883 | -77.8% |
| Trade receivables | 40 | €9,684 | €147 | -€9,537 | -98.5% |
| Other amounts receivable | 41 | €3,015 | €2,669 | -€346 | -11.5% |
| Cash at bank and in hand | 54/58 | €25,179 | €61,322 | +€36,143 | +144% |
| Deferred charges and accrued income | 490/1 | €70 | €1,797 | +€1,728 | +2,486% |
| Total equity and liabilities | 10/49 | €38,347 | €76,541 | +€38,194 | +99.6% |
| Equity | 10/15 | €22,241 | €45,666 | +€23,425 | +105% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,241 | €43,666 | +€23,425 | +116% |
| Amounts payable | 17/49 | €16,106 | €30,875 | +€14,769 | +91.7% |
| Amounts payable within one year | 42/48 | €16,106 | €30,875 | +€14,769 | +91.7% |
| Trade debts | 44 | €723 | €5,160 | +€4,437 | +614% |
| Suppliers | 440/4 | €723 | €5,160 | +€4,437 | +614% |
| Taxes, remuneration and social security | 45 | €7,070 | €16,586 | +€9,517 | +135% |
| Taxes | 450/3 | €5,070 | €6,056 | +€987 | +19.5% |
| Remuneration and social security | 454/9 | €2,000 | €10,530 | +€8,530 | +426% |
| Other amounts payable | 47/48 | €8,314 | €9,129 | +€815 | +9.8% |
| Remuneration, social security and pensions | 62 | - | €52,587 | +€52,587 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,363 | +€1,363 | |
| Other operating charges | 640/8 | €230 | €757 | +€527 | +229% |
| Gross operating margin | 9900 | €25,637 | €85,260 | +€59,623 | +233% |
| Operating profit (loss) | 9901 | €25,407 | €30,553 | +€5,146 | +20.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €97 | €1,071 | +€975 | +1,008% |
| Recurring financial charges | 65 | €97 | €1,071 | +€975 | +1,008% |
| Profit (loss) for the period before taxes | 9903 | €25,311 | €29,482 | +€4,171 | +16.5% |
| Income taxes | 67/77 | €5,070 | €6,056 | +€987 | +19.5% |
| Profit (loss) for the period | 9904 | €20,241 | €23,425 | +€3,184 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,241 | €23,425 | +€3,184 | +15.7% |
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 17 October 2026 via checked.be.