G.V Ecotechnics: 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.V Ecotechnics
Largest movements
- Receivables within one year -€22,186
down €22,186 (-88.8%), from €24,993 to €2,807
of which Trade receivables: -€20,686
- Tangible fixed assets -€3,880
down €3,880 (-65.0%), from €5,970 to €2,089
- Cash -€2,740
down €2,740 (-79.8%), from €3,431 to €692
mainly Trade debts (-€21,941) and Current portion of long-term debt (-€7,151)
- Trade debts -€21,941
down €21,941 (-68.1%), from €32,211 to €10,270
- Current portion of long-term debt -€7,151
down €7,151 (-20.7%), from €34,542 to €27,391
- Other debts +€2,506
up €2,506 (+7.0%), from €35,655 to €38,161
- Profit (loss) carried forward -€1,689
down €1,689 (-1.8%), from -€96,108 to -€97,797
- Tax, wage and social debts -€1,467
down €1,467 (-42.4%), from €3,458 to €1,991
- Financial charges -€2,532
down €2,532 (-67.3%), from €3,761 to €1,229
- Depreciation -€1,530
down €1,530 (-28.3%), from €5,411 to €3,880
- Gross operating margin +€1,130
up €1,130 (+40.9%), from €2,762 to €3,892
- Other operating charges +€75
up €75 (+18.8%), from €398 to €473
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 | €55,428 | €26,412 | -€29,017 | -52.3% |
| Fixed assets | 21/28 | €5,970 | €2,089 | -€3,880 | -65.0% |
| Tangible fixed assets | 22/27 | €5,970 | €2,089 | -€3,880 | -65.0% |
| Plant, machinery and equipment | 23 | €5,970 | €2,089 | -€3,880 | -65.0% |
| Current assets | 29/58 | €49,458 | €24,322 | -€25,136 | -50.8% |
| Stocks and contracts in progress | 3 | €21,034 | €20,824 | -€210 | -1.0% |
| Stocks | 30/36 | €21,034 | €20,824 | -€210 | -1.0% |
| Amounts receivable within one year | 40/41 | €24,993 | €2,807 | -€22,186 | -88.8% |
| Trade receivables | 40 | €23,493 | €2,807 | -€20,686 | -88.1% |
| Other amounts receivable | 41 | €1,500 | - | -€1,500 | |
| Cash at bank and in hand | 54/58 | €3,431 | €692 | -€2,740 | -79.8% |
| Total equity and liabilities | 10/49 | €55,428 | €26,412 | -€29,017 | -52.3% |
| Equity | 10/15 | -€86,108 | -€87,797 | -€1,689 | -2.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,108 | -€97,797 | -€1,689 | -1.8% |
| Amounts payable | 17/49 | €141,536 | €114,209 | -€27,327 | -19.3% |
| Amounts payable within one year | 42/48 | €140,865 | €113,538 | -€27,327 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €34,542 | €27,391 | -€7,151 | -20.7% |
| Financial debts | 43 | - | €725 | +€725 | |
| Credit institutions | 430/8 | - | €725 | +€725 | |
| Trade debts | 44 | €32,211 | €10,270 | -€21,941 | -68.1% |
| Suppliers | 440/4 | €32,211 | €10,270 | -€21,941 | -68.1% |
| Advances received on contracts in progress | 46 | €35,000 | €35,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,458 | €1,991 | -€1,467 | -42.4% |
| Taxes | 450/3 | €3,458 | €1,991 | -€1,467 | -42.4% |
| Other amounts payable | 47/48 | €35,655 | €38,161 | +€2,506 | +7.0% |
| Accrued charges and deferred income | 492/3 | €670 | €670 | = | 0.0% |
| Non-recurring operating income | 76A | €17,120 | - | -€17,120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,411 | €3,880 | -€1,530 | -28.3% |
| Other operating charges | 640/8 | €398 | €473 | +€75 | +18.8% |
| Non-recurring operating charges | 66A | €14,733 | - | -€14,733 | |
| Gross operating margin | 9900 | €2,762 | €3,892 | +€1,130 | +40.9% |
| Operating profit (loss) | 9901 | -€17,780 | -€461 | +€17,319 | +97.4% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €3,761 | €1,229 | -€2,532 | -67.3% |
| Recurring financial charges | 65 | €3,761 | €1,229 | -€2,532 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,536 | -€1,689 | +€19,846 | +92.2% |
| Profit (loss) for the period | 9904 | -€21,536 | -€1,689 | +€19,846 | +92.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,536 | -€1,689 | +€19,846 | +92.2% |
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 31 October 2026 via checked.be.