G-Tec: 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-Tec
Largest movements
- Cash +€27,308
up €27,308 (+37.6%), from €72,558 to €99,866
mainly Net result for the year (+€22,546) and Tax, wage and social debts (+€5,710)
- Receivables within one year +€7,264
up €7,264 (+122%), from €5,942 to €13,206
of which Trade receivables: +€13,201
- Reserves +€22,546
up €22,546 (+83.2%), from €27,091 to €49,637
- Tax, wage and social debts +€5,710
new in 2025: €5,710
of which Remuneration and social security: +€3,035
- Accrued charges and deferred income +€3,600
up €3,600 (+100%), from €3,600 to €7,200
- Trade debts +€2,633
up €2,633 (+2,494%), from €106 to €2,738
- Gross operating margin +€23,953
up €23,953 (+209%), from €11,479 to €35,432
- Taxes +€7,108
up €7,108 (+309%), from €2,297 to €9,405
- Depreciation -€1,547
down €1,547 (-69.8%), from €2,217 to €669
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 | €80,668 | €114,705 | +€34,037 | +42.2% |
| Fixed assets | 21/28 | €1,019 | €350 | -€669 | -65.7% |
| Tangible fixed assets | 22/27 | €1,019 | €350 | -€669 | -65.7% |
| Plant, machinery and equipment | 23 | €320 | - | -€320 | |
| Other tangible fixed assets | 26 | €699 | €350 | -€350 | -50.0% |
| Current assets | 29/58 | €79,648 | €114,355 | +€34,707 | +43.6% |
| Amounts receivable within one year | 40/41 | €5,942 | €13,206 | +€7,264 | +122% |
| Trade receivables | 40 | - | €13,201 | +€13,201 | |
| Other amounts receivable | 41 | €5,942 | €5 | -€5,937 | -99.9% |
| Cash at bank and in hand | 54/58 | €72,558 | €99,866 | +€27,308 | +37.6% |
| Deferred charges and accrued income | 490/1 | €1,148 | €1,283 | +€134 | +11.7% |
| Total equity and liabilities | 10/49 | €80,668 | €114,705 | +€34,037 | +42.2% |
| Equity | 10/15 | €45,691 | €68,237 | +€22,546 | +49.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,091 | €49,637 | +€22,546 | +83.2% |
| Distributable reserves | 133 | €27,091 | €49,637 | +€22,546 | +83.2% |
| Amounts payable | 17/49 | €34,977 | €46,468 | +€11,491 | +32.9% |
| Amounts payable within one year | 42/48 | €31,377 | €39,268 | +€7,891 | +25.1% |
| Trade debts | 44 | €106 | €2,738 | +€2,633 | +2,494% |
| Suppliers | 440/4 | €106 | €2,738 | +€2,633 | +2,494% |
| Taxes, remuneration and social security | 45 | - | €5,710 | +€5,710 | |
| Taxes | 450/3 | - | €2,675 | +€2,675 | |
| Remuneration and social security | 454/9 | - | €3,035 | +€3,035 | |
| Other amounts payable | 47/48 | €31,271 | €30,820 | -€451 | -1.4% |
| Accrued charges and deferred income | 492/3 | €3,600 | €7,200 | +€3,600 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,217 | €669 | -€1,547 | -69.8% |
| Other operating charges | 640/8 | €632 | €573 | -€59 | -9.3% |
| Gross operating margin | 9900 | €11,479 | €35,432 | +€23,953 | +209% |
| Operating profit (loss) | 9901 | €8,630 | €34,190 | +€25,559 | +296% |
| Financial charges | 65/66B | €2,445 | €2,238 | -€207 | -8.5% |
| Recurring financial charges | 65 | €2,445 | €2,238 | -€207 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €6,185 | €31,951 | +€25,766 | +417% |
| Income taxes | 67/77 | €2,297 | €9,405 | +€7,108 | +309% |
| Profit (loss) for the period | 9904 | €3,888 | €22,546 | +€18,659 | +480% |
| Profit (loss) for the period to be appropriated | 9905 | €3,888 | €22,546 | +€18,659 | +480% |
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 13 October 2026 via checked.be.