G 3 TEC: what changed
Two fiscal 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.
G 3 TEC
Largest movements
- Cash +€118,127
up €118,127 (+1736.1%), from €6,804 to €124,931
mainly Trade debts (+€71,439) and Depreciation (+€57,605)
- Receivables within one year -€22,651
down €22,651 (-23.5%), from €96,405 to €73,754
of which Trade receivables: -€29,096
- Tangible fixed assets +€17,308
up €17,308 (+6.4%), from €269,289 to €286,597
of which Other tangible fixed assets: +€14,694
- Trade debts +€71,439
up €71,439 (+124.5%), from €57,398 to €128,837
- Reserves +€46,295
up €46,295 (+29.6%), from €156,198 to €202,493
- Gross operating margin +€120,439
up €120,439 (+193.8%), from €62,144 to €182,583
- Staff costs +€53,118
up €53,118 (+1016.4%), from €5,226 to €58,344
- Taxes +€12,601
up €12,601 (+5888.3%), from €214 to €12,815
- Depreciation +€7,086
up €7,086 (+14.0%), from €50,519 to €57,605
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 | €382,407 | €493,498 | +€111,091 | +29.1% |
| Fixed assets | 21/28 | €269,475 | €286,783 | +€17,308 | +6.4% |
| Tangible fixed assets | 22/27 | €269,289 | €286,597 | +€17,308 | +6.4% |
| Plant, machinery and equipment | 23 | €12,151 | €14,187 | +€2,036 | +16.8% |
| Furniture and vehicles | 24 | €141,911 | €142,489 | +€578 | +0.4% |
| Other tangible fixed assets | 26 | €115,227 | €129,921 | +€14,694 | +12.8% |
| Financial fixed assets | 28 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €112,932 | €206,715 | +€93,783 | +83.0% |
| Stocks and contracts in progress | 3 | €7,085 | €5,033 | -€2,052 | -29.0% |
| Stocks | 30/36 | €7,085 | €5,033 | -€2,052 | -29.0% |
| Amounts receivable within one year | 40/41 | €96,405 | €73,754 | -€22,651 | -23.5% |
| Trade receivables | 40 | €78,248 | €49,152 | -€29,096 | -37.2% |
| Other amounts receivable | 41 | €18,157 | €24,602 | +€6,445 | +35.5% |
| Cash at bank and in hand | 54/58 | €6,804 | €124,931 | +€118,127 | +1736.1% |
| Deferred charges and accrued income | 490/1 | €2,638 | €2,997 | +€359 | +13.6% |
| Total equity and liabilities | 10/49 | €382,407 | €493,498 | +€111,091 | +29.1% |
| Equity | 10/15 | €174,798 | €221,093 | +€46,295 | +26.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,198 | €202,493 | +€46,295 | +29.6% |
| Distributable reserves | 133 | €156,198 | €202,493 | +€46,295 | +29.6% |
| Amounts payable | 17/49 | €207,609 | €272,405 | +€64,796 | +31.2% |
| Amounts payable after more than one year | 17 | €79,464 | €77,499 | -€1,965 | -2.5% |
| Financial debts | 170/4 | €79,464 | €77,499 | -€1,965 | -2.5% |
| Amounts payable within one year | 42/48 | €128,137 | €194,898 | +€66,761 | +52.1% |
| Current portion of amounts payable after more than one year | 42 | €47,477 | €45,167 | -€2,310 | -4.9% |
| Trade debts | 44 | €57,398 | €128,837 | +€71,439 | +124.5% |
| Suppliers | 440/4 | €57,398 | €128,837 | +€71,439 | +124.5% |
| Taxes, remuneration and social security | 45 | €7,154 | €2,648 | -€4,506 | -63.0% |
| Taxes | 450/3 | €7,154 | €274 | -€6,880 | -96.2% |
| Remuneration and social security | 454/9 | - | €2,374 | +€2,374 | |
| Other amounts payable | 47/48 | €16,108 | €18,246 | +€2,138 | +13.3% |
| Accrued charges and deferred income | 492/3 | €8 | €8 | = | 0.0% |
| Non-recurring operating income | 76A | €11,570 | - | -€11,570 | |
| Remuneration, social security and pensions | 62 | €5,226 | €58,344 | +€53,118 | +1016.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,519 | €57,605 | +€7,086 | +14.0% |
| Other operating charges | 640/8 | €1,171 | €2,028 | +€857 | +73.2% |
| Gross operating margin | 9900 | €62,144 | €182,583 | +€120,439 | +193.8% |
| Operating profit (loss) | 9901 | €5,228 | €64,606 | +€59,378 | +1135.8% |
| Financial income | 75/76B | €9 | €13 | +€4 | +44.4% |
| Recurring financial income | 75 | €9 | €13 | +€4 | +44.4% |
| Financial charges | 65/66B | €6,015 | €5,509 | -€506 | -8.4% |
| Recurring financial charges | 65 | €6,015 | €5,509 | -€506 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€778 | €59,110 | +€59,888 | |
| Income taxes | 67/77 | €214 | €12,815 | +€12,601 | +5888.3% |
| Profit (loss) for the period | 9904 | -€992 | €46,295 | +€47,287 | |
| Profit (loss) for the period to be appropriated | 9905 | -€992 | €46,295 | +€47,287 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.