GAJA TECH: 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.
GAJA TECH
Largest movements
- Cash -€145,373
down €145,373 (-57.7%), from €251,897 to €106,524
mainly Contributions, distributions and other (-€237,089) and Receivables within one year (-€14,970)
- Receivables within one year +€14,970
up €14,970 (+28.6%), from €52,383 to €67,353
of which Trade receivables: +€15,003
- Profit (loss) carried forward -€210,521
down €210,521 (-87.3%), from €241,250 to €30,728
- Other debts +€41,655
up €41,655 (+7127.5%), from €584 to €42,239
- Tax, wage and social debts +€39,192
up €39,192 (+267.7%), from €14,642 to €53,834
of which Taxes: +€36,980
- Gross operating margin -€45,438
down €45,438 (-36.7%), from €123,641 to €78,203
- Taxes +€39,028
up €39,028 (+354.8%), from €11,000 to €50,028
- Staff costs -€1,504
no longer reported in 2025 (was €1,504)
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 | €305,413 | €173,877 | -€131,536 | -43.1% |
| Fixed assets | 21/28 | €1,133 | - | -€1,133 | |
| Tangible fixed assets | 22/27 | €1,133 | - | -€1,133 | |
| Furniture and vehicles | 24 | €1,133 | - | -€1,133 | |
| Current assets | 29/58 | €304,280 | €173,877 | -€130,403 | -42.9% |
| Amounts receivable within one year | 40/41 | €52,383 | €67,353 | +€14,970 | +28.6% |
| Trade receivables | 40 | €52,350 | €67,353 | +€15,003 | +28.7% |
| Other amounts receivable | 41 | €33 | - | -€33 | |
| Cash at bank and in hand | 54/58 | €251,897 | €106,524 | -€145,373 | -57.7% |
| Total equity and liabilities | 10/49 | €305,413 | €173,877 | -€131,536 | -43.1% |
| Equity | 10/15 | €243,250 | €32,728 | -€210,521 | -86.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €241,250 | €30,728 | -€210,521 | -87.3% |
| Amounts payable | 17/49 | €62,164 | €141,149 | +€78,986 | +127.1% |
| Amounts payable within one year | 42/48 | €62,164 | €141,149 | +€78,986 | +127.1% |
| Financial debts | 43 | €570 | €570 | = | 0.0% |
| Other loans | 439 | €570 | €570 | = | 0.0% |
| Trade debts | 44 | €3,231 | €3,906 | +€675 | +20.9% |
| Suppliers | 440/4 | €3,231 | €3,906 | +€675 | +20.9% |
| Advances received on contracts in progress | 46 | €43,137 | €40,600 | -€2,537 | -5.9% |
| Taxes, remuneration and social security | 45 | €14,642 | €53,834 | +€39,192 | +267.7% |
| Taxes | 450/3 | €14,638 | €51,618 | +€36,980 | +252.6% |
| Remuneration and social security | 454/9 | €4 | €2,216 | +€2,212 | +54211.5% |
| Other amounts payable | 47/48 | €584 | €42,239 | +€41,655 | +7127.5% |
| Remuneration, social security and pensions | 62 | €1,504 | - | -€1,504 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,486 | €1,133 | -€353 | -23.7% |
| Other operating charges | 640/8 | €309 | €389 | +€80 | +25.9% |
| Gross operating margin | 9900 | €123,641 | €78,203 | -€45,438 | -36.7% |
| Operating profit (loss) | 9901 | €120,342 | €76,681 | -€43,661 | -36.3% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €305 | €90 | -€215 | -70.5% |
| Recurring financial charges | 65 | €305 | €90 | -€215 | -70.5% |
| Profit (loss) for the period before taxes | 9903 | €120,037 | €76,595 | -€43,442 | -36.2% |
| Income taxes | 67/77 | €11,000 | €50,028 | +€39,028 | +354.8% |
| Profit (loss) for the period | 9904 | €109,037 | €26,567 | -€82,470 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €109,037 | €26,567 | -€82,470 | -75.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.