G-TECH MAINTENANCE: 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-TECH MAINTENANCE
Largest movements
- Receivables within one year +€13,839
up €13,839 (+27.8%), from €49,767 to €63,606
of which Trade receivables: +€13,490
- Tangible fixed assets +€7,723
new in 2025: €7,723
of which Furniture and vehicles: +€6,661
- Cash +€1,966
up €1,966 (+679.4%), from €289 to €2,255
mainly Tax, wage and social debts (+€23,212) and Net result for the year (+€3,291)
- Tax, wage and social debts +€23,212
up €23,212 (+406.5%), from €5,710 to €28,923
of which Remuneration and social security: +€20,162
- Trade debts -€5,518
down €5,518 (-13.4%), from €41,024 to €35,507
- Profit (loss) carried forward +€3,291
up €3,291 (+166.0%), from €1,983 to €5,274
- Advances received +€2,430
new in 2025: €2,430
- Gross operating margin +€118,432
up €118,432 (+243.3%), from €48,673 to €167,105
- Staff costs +€111,748
up €111,748 (+248.0%), from €45,069 to €156,817
- Depreciation +€1,897
new in 2025: €1,897
- Taxes +€1,845
up €1,845 (+195.0%), from €946 to €2,791
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 | €51,506 | €74,633 | +€23,128 | +44.9% |
| Fixed assets | 21/28 | €1,050 | €8,773 | +€7,723 | +735.5% |
| Tangible fixed assets | 22/27 | - | €7,723 | +€7,723 | |
| Plant, machinery and equipment | 23 | - | €1,062 | +€1,062 | |
| Furniture and vehicles | 24 | - | €6,661 | +€6,661 | |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €50,456 | €65,860 | +€15,405 | +30.5% |
| Amounts receivable within one year | 40/41 | €49,767 | €63,606 | +€13,839 | +27.8% |
| Trade receivables | 40 | €47,927 | €61,417 | +€13,490 | +28.1% |
| Other amounts receivable | 41 | €1,840 | €2,189 | +€349 | +18.9% |
| Cash at bank and in hand | 54/58 | €289 | €2,255 | +€1,966 | +679.4% |
| Deferred charges and accrued income | 490/1 | €400 | - | -€400 | |
| Total equity and liabilities | 10/49 | €51,506 | €74,633 | +€23,128 | +44.9% |
| Equity | 10/15 | €4,483 | €7,774 | +€3,291 | +73.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,983 | €5,274 | +€3,291 | +166.0% |
| Amounts payable | 17/49 | €47,023 | €66,859 | +€19,836 | +42.2% |
| Amounts payable within one year | 42/48 | €47,023 | €66,859 | +€19,836 | +42.2% |
| Trade debts | 44 | €41,024 | €35,507 | -€5,518 | -13.4% |
| Suppliers | 440/4 | €41,024 | €35,507 | -€5,518 | -13.4% |
| Advances received on contracts in progress | 46 | - | €2,430 | +€2,430 | |
| Taxes, remuneration and social security | 45 | €5,710 | €28,923 | +€23,212 | +406.5% |
| Taxes | 450/3 | €1,061 | €4,111 | +€3,050 | +287.4% |
| Remuneration and social security | 454/9 | €4,649 | €24,811 | +€20,162 | +433.7% |
| Other amounts payable | 47/48 | €288 | - | -€288 | |
| Remuneration, social security and pensions | 62 | €45,069 | €156,817 | +€111,748 | +248.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,897 | +€1,897 | |
| Other operating charges | 640/8 | - | €522 | +€522 | |
| Gross operating margin | 9900 | €48,673 | €167,105 | +€118,432 | +243.3% |
| Operating profit (loss) | 9901 | €3,604 | €7,868 | +€4,265 | +118.3% |
| Financial income | 75/76B | €35 | €2 | -€33 | -94.0% |
| Recurring financial income | 75 | €35 | €2 | -€33 | -94.0% |
| Financial charges | 65/66B | €710 | €1,788 | +€1,078 | +151.9% |
| Recurring financial charges | 65 | €710 | €1,788 | +€1,078 | +151.9% |
| Profit (loss) for the period before taxes | 9903 | €2,929 | €6,083 | +€3,153 | +107.7% |
| Income taxes | 67/77 | €946 | €2,791 | +€1,845 | +195.0% |
| Profit (loss) for the period | 9904 | €1,983 | €3,291 | +€1,308 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,983 | €3,291 | +€1,308 | +66.0% |
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 12 October 2026 via checked.be.