G-Tec systems: 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-Tec systems
Largest movements
- Cash -€6,350
down €6,350 (-92.4%), from €6,871 to €521
mainly Trade debts (-€7,357) and Receivables within one year (-€3,178)
- Receivables within one year +€3,178
up €3,178 (+22.3%), from €14,230 to €17,408
of which Other amounts receivable: +€12,812
- Intangible fixed assets -€1,350
down €1,350 (-5.0%), from €27,000 to €25,650
- Trade debts -€7,357
down €7,357 (-59.8%), from €12,297 to €4,940
- Profit (loss) carried forward +€2,185
up €2,185 (+5.6%), from -€39,190 to -€37,005
- Gross operating margin +€4,451
up €4,451 (+81.2%), from €5,481 to €9,932
- Depreciation +€1,937
up €1,937 (+209.3%), from €925 to €2,862
- Financial income -€209
down €209 (-99.8%), from €210 to €1
- Other operating charges +€128
up €128 (+2.7%), from €4,668 to €4,796
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,053 | €78,086 | -€4,967 | -6.0% |
| Fixed assets | 21/28 | €60,226 | €58,190 | -€2,036 | -3.4% |
| Intangible fixed assets | 21 | €27,000 | €25,650 | -€1,350 | -5.0% |
| Tangible fixed assets | 22/27 | €33,226 | €32,540 | -€686 | -2.1% |
| Plant, machinery and equipment | 23 | €1,652 | €1,806 | +€154 | +9.3% |
| Furniture and vehicles | 24 | €31,574 | €30,734 | -€840 | -2.7% |
| Current assets | 29/58 | €22,827 | €19,896 | -€2,931 | -12.8% |
| Stocks and contracts in progress | 3 | €1,289 | €1,967 | +€678 | +52.6% |
| Stocks | 30/36 | €1,289 | €1,967 | +€678 | +52.6% |
| Amounts receivable within one year | 40/41 | €14,230 | €17,408 | +€3,178 | +22.3% |
| Trade receivables | 40 | €13,710 | €4,076 | -€9,634 | -70.3% |
| Other amounts receivable | 41 | €520 | €13,332 | +€12,812 | +2463.9% |
| Cash at bank and in hand | 54/58 | €6,871 | €521 | -€6,350 | -92.4% |
| Deferred charges and accrued income | 490/1 | €437 | - | -€437 | |
| Total equity and liabilities | 10/49 | €83,053 | €78,086 | -€4,967 | -6.0% |
| Equity | 10/15 | -€36,690 | -€34,505 | +€2,185 | +6.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,190 | -€37,005 | +€2,185 | +5.6% |
| Amounts payable | 17/49 | €119,743 | €112,591 | -€7,152 | -6.0% |
| Amounts payable after more than one year | 17 | €57,000 | €57,000 | = | 0.0% |
| Other amounts payable | 178/9 | €57,000 | €57,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €62,743 | €55,591 | -€7,152 | -11.4% |
| Trade debts | 44 | €12,297 | €4,940 | -€7,357 | -59.8% |
| Suppliers | 440/4 | €12,297 | €4,940 | -€7,357 | -59.8% |
| Taxes, remuneration and social security | 45 | €4,926 | €4,750 | -€176 | -3.6% |
| Taxes | 450/3 | €4,926 | - | -€4,926 | |
| Remuneration and social security | 454/9 | - | €4,750 | +€4,750 | |
| Other amounts payable | 47/48 | €45,520 | €45,901 | +€381 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €925 | €2,862 | +€1,937 | +209.3% |
| Other operating charges | 640/8 | €4,668 | €4,796 | +€128 | +2.7% |
| Gross operating margin | 9900 | €5,481 | €9,932 | +€4,451 | +81.2% |
| Operating profit (loss) | 9901 | -€112 | €2,275 | +€2,386 | |
| Financial income | 75/76B | €210 | €1 | -€209 | -99.8% |
| Recurring financial income | 75 | €210 | €1 | -€209 | -99.8% |
| Financial charges | 65/66B | €98 | €90 | -€8 | -7.8% |
| Recurring financial charges | 65 | €98 | €90 | -€8 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €0 | €2,185 | +€2,185 | +873876.0% |
| Profit (loss) for the period | 9904 | €0 | €2,185 | +€2,185 | +873876.0% |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €2,185 | +€2,185 | +873876.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.