G.T. ELECTRONIC: 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.T. ELECTRONIC
Largest movements
- Tangible fixed assets -€12,207
down €12,207 (-27.5%), from €44,414 to €32,207
- Cash -€11,087
down €11,087 (-85.8%), from €12,924 to €1,838
mainly Net result for the year (-€28,267) and Trade debts (-€395)
- Stocks and contracts -€3,992
no longer reported in 2025 (was €3,992)
- Profit (loss) carried forward -€28,267
down €28,267 (-29.3%), from -€96,565 to -€124,832
- Other debts +€1,342
up €1,342 (+2.8%), from €47,923 to €49,264
- Purchases and services -€8,162
down €8,162 (-37.5%), from €21,749 to €13,586
- Turnover -€7,972
down €7,972 (-86.5%), from €9,211 to €1,240
- Gross operating margin +€553
up €553 (+4.3%), from -€12,900 to -€12,347
- Financial charges -€389
down €389 (-16.6%), from €2,352 to €1,962
- Other operating charges +€177
up €177 (+11.2%), from €1,573 to €1,750
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 | €61,743 | €34,191 | -€27,552 | -44.6% |
| Fixed assets | 21/28 | €44,414 | €32,207 | -€12,207 | -27.5% |
| Tangible fixed assets | 22/27 | €44,414 | €32,207 | -€12,207 | -27.5% |
| Land and buildings | 22 | €44,414 | €32,207 | -€12,207 | -27.5% |
| Current assets | 29/58 | €17,329 | €1,983 | -€15,345 | -88.6% |
| Stocks and contracts in progress | 3 | €3,992 | - | -€3,992 | |
| Stocks | 30/36 | €3,992 | - | -€3,992 | |
| Amounts receivable within one year | 40/41 | €412 | €146 | -€266 | -64.6% |
| Trade receivables | 40 | €67 | €67 | = | 0.0% |
| Other amounts receivable | 41 | €346 | €79 | -€266 | -77.1% |
| Cash at bank and in hand | 54/58 | €12,924 | €1,838 | -€11,087 | -85.8% |
| Total equity and liabilities | 10/49 | €61,743 | €34,191 | -€27,552 | -44.6% |
| Equity | 10/15 | €11,545 | -€16,722 | -€28,267 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €8,110 | €8,110 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,110 | €2,110 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,110 | €2,110 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,565 | -€124,832 | -€28,267 | -29.3% |
| Amounts payable | 17/49 | €50,198 | €50,913 | +€714 | +1.4% |
| Amounts payable within one year | 42/48 | €50,198 | €50,913 | +€714 | +1.4% |
| Trade debts | 44 | €1,468 | €1,073 | -€395 | -26.9% |
| Suppliers | 440/4 | €1,468 | €1,073 | -€395 | -26.9% |
| Taxes, remuneration and social security | 45 | €808 | €575 | -€233 | -28.8% |
| Taxes | 450/3 | €808 | €575 | -€233 | -28.8% |
| Other amounts payable | 47/48 | €47,923 | €49,264 | +€1,342 | +2.8% |
| Turnover | 70 | €9,211 | €1,240 | -€7,972 | -86.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,749 | €13,586 | -€8,162 | -37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,207 | €12,207 | = | 0.0% |
| Other operating charges | 640/8 | €1,573 | €1,750 | +€177 | +11.2% |
| Gross operating margin | 9900 | -€12,900 | -€12,347 | +€553 | +4.3% |
| Operating profit (loss) | 9901 | -€26,680 | -€26,304 | +€376 | +1.4% |
| Financial charges | 65/66B | €2,352 | €1,962 | -€389 | -16.6% |
| Recurring financial charges | 65 | €2,352 | €1,962 | -€389 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€29,032 | -€28,267 | +€765 | +2.6% |
| Profit (loss) for the period | 9904 | -€29,032 | -€28,267 | +€765 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,032 | -€28,267 | +€765 | +2.6% |
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 20 October 2026 via checked.be.