G.A-TECH: 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.
G.A-TECH
Largest movements
- Cash -€9,244
down €9,244 (-28.9%), from €31,956 to €22,712
mainly Other debts (-€10,000) and Accrued charges and deferred income (-€6,150)
- Tangible fixed assets -€4,342
down €4,342 (-33.4%), from €13,017 to €8,675
of which Plant, machinery and equipment: -€2,200
- Receivables within one year -€2,224
down €2,224 (-5.7%), from €38,835 to €36,611
of which Trade receivables: -€1,537
- Other debts -€10,000
down €10,000 (-33.3%), from €30,000 to €20,000
- Trade debts +€8,013
up €8,013 (+32.2%), from €24,858 to €32,871
- Accrued charges and deferred income -€6,150
no longer reported in 2025 (was €6,150)
- Tax, wage and social debts -€4,413
down €4,413 (-90.7%), from €4,868 to €455
- Profit (loss) carried forward -€3,309
down €3,309 (-19.3%), from €17,149 to €13,841
- Gross operating margin -€50,636
down €50,636 (-86.4%), from €58,632 to €7,996
- Depreciation +€1,706
up €1,706 (+44.3%), from €3,852 to €5,559
- Other operating charges -€1,448
down €1,448 (-71.9%), from €2,013 to €565
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 | €85,025 | €69,167 | -€15,858 | -18.7% |
| Fixed assets | 21/28 | €13,017 | €8,675 | -€4,342 | -33.4% |
| Tangible fixed assets | 22/27 | €13,017 | €8,675 | -€4,342 | -33.4% |
| Plant, machinery and equipment | 23 | €5,921 | €3,721 | -€2,200 | -37.2% |
| Furniture and vehicles | 24 | €7,096 | €4,954 | -€2,142 | -30.2% |
| Current assets | 29/58 | €72,008 | €60,492 | -€11,516 | -16.0% |
| Amounts receivable within one year | 40/41 | €38,835 | €36,611 | -€2,224 | -5.7% |
| Trade receivables | 40 | €29,164 | €27,627 | -€1,537 | -5.3% |
| Other amounts receivable | 41 | €9,670 | €8,983 | -€687 | -7.1% |
| Cash at bank and in hand | 54/58 | €31,956 | €22,712 | -€9,244 | -28.9% |
| Deferred charges and accrued income | 490/1 | €1,218 | €1,169 | -€48 | -4.0% |
| Total equity and liabilities | 10/49 | €85,025 | €69,167 | -€15,858 | -18.7% |
| Equity | 10/15 | €19,149 | €15,841 | -€3,309 | -17.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,149 | €13,841 | -€3,309 | -19.3% |
| Amounts payable | 17/49 | €65,876 | €53,326 | -€12,550 | -19.1% |
| Amounts payable within one year | 42/48 | €59,726 | €53,326 | -€6,400 | -10.7% |
| Trade debts | 44 | €24,858 | €32,871 | +€8,013 | +32.2% |
| Suppliers | 440/4 | €24,858 | €32,871 | +€8,013 | +32.2% |
| Taxes, remuneration and social security | 45 | €4,868 | €455 | -€4,413 | -90.7% |
| Taxes | 450/3 | €4,868 | €455 | -€4,413 | -90.7% |
| Other amounts payable | 47/48 | €30,000 | €20,000 | -€10,000 | -33.3% |
| Accrued charges and deferred income | 492/3 | €6,150 | - | -€6,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,852 | €5,559 | +€1,706 | +44.3% |
| Other operating charges | 640/8 | €2,013 | €565 | -€1,448 | -71.9% |
| Gross operating margin | 9900 | €58,632 | €7,996 | -€50,636 | -86.4% |
| Operating profit (loss) | 9901 | €52,767 | €1,873 | -€50,895 | -96.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -88.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -88.9% |
| Financial charges | 65/66B | €0 | €49 | +€49 | +18114.8% |
| Recurring financial charges | 65 | €0 | €49 | +€49 | +18114.8% |
| Profit (loss) for the period before taxes | 9903 | €52,767 | €1,823 | -€50,944 | -96.5% |
| Income taxes | 67/77 | €5,618 | €5,132 | -€486 | -8.7% |
| Profit (loss) for the period | 9904 | €47,149 | -€3,309 | -€50,458 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,149 | -€3,309 | -€50,458 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.