G.A. Techniques: 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.A. Techniques
Largest movements
- Cash +€23,012
up €23,012 (+28.7%), from €80,079 to €103,091
mainly Net result for the year (+€19,968) and Receivables within one year (+€19,278)
- Receivables within one year -€19,278
down €19,278 (-52.8%), from €36,494 to €17,216
of which Trade receivables: -€22,422
- Stocks and contracts +€4,150
up €4,150 (+162.9%), from €2,548 to €6,698
- Tangible fixed assets -€2,807
down €2,807 (-8.5%), from €33,166 to €30,359
of which Leasing and similar rights: -€7,922
- Deferred charges and accrued income +€2,096
up €2,096 (+122.1%), from €1,716 to €3,813
- Other debts +€11,388
up €11,388 (+21.9%), from €51,901 to €63,289
- Advances received +€6,864
new in 2025: €6,864
- Debts after one year -€5,608
down €5,608 (-37.5%), from €14,969 to €9,360
- Profit (loss) carried forward -€5,032
down €5,032 (-5.0%), from €100,087 to €95,055
- Gross operating margin +€12,230
up €12,230 (+40.7%), from €30,068 to €42,299
- Other operating charges -€5,048
down €5,048 (-86.7%), from €5,820 to €772
- Write-downs +€4,559
new in 2025: €4,559
- Taxes +€2,381
up €2,381 (+87.0%), from €2,736 to €5,117
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 | €181,911 | €189,252 | +€7,341 | +4.0% |
| Fixed assets | 21/28 | €35,002 | €31,815 | -€3,187 | -9.1% |
| Intangible fixed assets | 21 | €1,731 | €1,351 | -€380 | -22.0% |
| Tangible fixed assets | 22/27 | €33,166 | €30,359 | -€2,807 | -8.5% |
| Plant, machinery and equipment | 23 | €762 | €7,568 | +€6,806 | +893.3% |
| Furniture and vehicles | 24 | €4,666 | €2,975 | -€1,691 | -36.2% |
| Leasing and similar rights | 25 | €27,738 | €19,816 | -€7,922 | -28.6% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €146,909 | €157,437 | +€10,528 | +7.2% |
| Stocks and contracts in progress | 3 | €2,548 | €6,698 | +€4,150 | +162.9% |
| Stocks | 30/36 | €2,548 | €6,698 | +€4,150 | +162.9% |
| Amounts receivable within one year | 40/41 | €36,494 | €17,216 | -€19,278 | -52.8% |
| Trade receivables | 40 | €28,104 | €5,682 | -€22,422 | -79.8% |
| Other amounts receivable | 41 | €8,390 | €11,534 | +€3,144 | +37.5% |
| Current investments | 50/53 | €26,072 | €26,619 | +€548 | +2.1% |
| Cash at bank and in hand | 54/58 | €80,079 | €103,091 | +€23,012 | +28.7% |
| Deferred charges and accrued income | 490/1 | €1,716 | €3,813 | +€2,096 | +122.1% |
| Total equity and liabilities | 10/49 | €181,911 | €189,252 | +€7,341 | +4.0% |
| Equity | 10/15 | €103,087 | €98,055 | -€5,032 | -4.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,087 | €95,055 | -€5,032 | -5.0% |
| Amounts payable | 17/49 | €78,824 | €91,197 | +€12,373 | +15.7% |
| Amounts payable after more than one year | 17 | €14,969 | €9,360 | -€5,608 | -37.5% |
| Financial debts | 170/4 | €14,969 | €9,360 | -€5,608 | -37.5% |
| Amounts payable within one year | 42/48 | €63,855 | €81,837 | +€17,982 | +28.2% |
| Current portion of amounts payable after more than one year | 42 | €5,568 | €5,608 | +€41 | +0.7% |
| Trade debts | 44 | €6,260 | €6,076 | -€184 | -2.9% |
| Suppliers | 440/4 | €6,260 | €6,076 | -€184 | -2.9% |
| Advances received on contracts in progress | 46 | - | €6,864 | +€6,864 | |
| Taxes, remuneration and social security | 45 | €126 | - | -€126 | |
| Remuneration and social security | 454/9 | €126 | - | -€126 | |
| Other amounts payable | 47/48 | €51,901 | €63,289 | +€11,388 | +21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,786 | €10,820 | +€34 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,559 | +€4,559 | |
| Other operating charges | 640/8 | €5,820 | €772 | -€5,048 | -86.7% |
| Gross operating margin | 9900 | €30,068 | €42,299 | +€12,230 | +40.7% |
| Operating profit (loss) | 9901 | €13,463 | €26,147 | +€12,685 | +94.2% |
| Financial income | 75/76B | €1,296 | €1,562 | +€266 | +20.5% |
| Recurring financial income | 75 | €1,296 | €1,562 | +€266 | +20.5% |
| Financial charges | 65/66B | €2,768 | €2,624 | -€144 | -5.2% |
| Recurring financial charges | 65 | €2,768 | €2,624 | -€144 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €11,990 | €25,085 | +€13,095 | +109.2% |
| Income taxes | 67/77 | €2,736 | €5,117 | +€2,381 | +87.0% |
| Profit (loss) for the period | 9904 | €9,254 | €19,968 | +€10,713 | +115.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,254 | €19,968 | +€10,713 | +115.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.