GAST TECH: 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.
GAST TECH
Largest movements
- Receivables after one year +€50,000
new in 2025: €50,000
- Cash -€14,936
down €14,936 (-12.7%), from €117,737 to €102,801
mainly Receivables after one year (-€50,000) and Tax, wage and social debts (-€9,960)
- Receivables within one year +€7,117
up €7,117 (+37.3%), from €19,082 to €26,199
of which Other amounts receivable: +€13,731
- Tangible fixed assets -€4,434
down €4,434 (-40.3%), from €10,999 to €6,564
of which Furniture and vehicles: -€3,117
- Deferred charges and accrued income +€2,058
up €2,058 (+575%), from €358 to €2,416
- Profit (loss) carried forward +€45,958
up €45,958 (+37.1%), from €123,765 to €169,723
- Tax, wage and social debts -€9,960
down €9,960 (-50.2%), from €19,831 to €9,870
- Trade debts +€1,945
up €1,945 (+204%), from €954 to €2,899
- Gross operating margin -€40,753
down €40,753 (-39.2%), from €104,032 to €63,278
- Taxes -€8,637
down €8,637 (-41.0%), from €21,047 to €12,410
- Financial income +€1,047
up €1,047 (+16,155%), from €6 to €1,053
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 | €148,975 | €187,979 | +€39,004 | +26.2% |
| Fixed assets | 21/28 | €11,799 | €6,564 | -€5,234 | -44.4% |
| Tangible fixed assets | 22/27 | €10,999 | €6,564 | -€4,434 | -40.3% |
| Plant, machinery and equipment | 23 | €4,926 | €3,608 | -€1,318 | -26.8% |
| Furniture and vehicles | 24 | €6,072 | €2,956 | -€3,117 | -51.3% |
| Financial fixed assets | 28 | €800 | €0 | -€800 | -100% |
| Current assets | 29/58 | €137,176 | €181,415 | +€44,239 | +32.2% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 291 | - | €50,000 | +€50,000 | |
| Amounts receivable within one year | 40/41 | €19,082 | €26,199 | +€7,117 | +37.3% |
| Trade receivables | 40 | €18,865 | €12,251 | -€6,614 | -35.1% |
| Other amounts receivable | 41 | €217 | €13,948 | +€13,731 | +6,337% |
| Cash at bank and in hand | 54/58 | €117,737 | €102,801 | -€14,936 | -12.7% |
| Deferred charges and accrued income | 490/1 | €358 | €2,416 | +€2,058 | +575% |
| Total equity and liabilities | 10/49 | €148,975 | €187,979 | +€39,004 | +26.2% |
| Equity | 10/15 | €125,765 | €171,723 | +€45,958 | +36.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,765 | €169,723 | +€45,958 | +37.1% |
| Amounts payable | 17/49 | €23,210 | €16,257 | -€6,953 | -30.0% |
| Amounts payable within one year | 42/48 | €23,210 | €16,257 | -€6,953 | -30.0% |
| Trade debts | 44 | €954 | €2,899 | +€1,945 | +204% |
| Suppliers | 440/4 | €954 | €2,899 | +€1,945 | +204% |
| Taxes, remuneration and social security | 45 | €19,831 | €9,870 | -€9,960 | -50.2% |
| Taxes | 450/3 | €19,831 | €9,870 | -€9,960 | -50.2% |
| Other amounts payable | 47/48 | €2,425 | €3,487 | +€1,062 | +43.8% |
| Non-recurring operating income | 76A | €25 | €0 | -€25 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,946 | €4,434 | +€488 | +12.4% |
| Other operating charges | 640/8 | €309 | €678 | +€368 | +119% |
| Gross operating margin | 9900 | €104,032 | €63,278 | -€40,753 | -39.2% |
| Operating profit (loss) | 9901 | €99,776 | €58,166 | -€41,610 | -41.7% |
| Financial income | 75/76B | €6 | €1,053 | +€1,047 | +16,155% |
| Recurring financial income | 75 | €6 | €1,053 | +€1,047 | +16,155% |
| Financial charges | 65/66B | €178 | €52 | -€126 | -70.9% |
| Recurring financial charges | 65 | €178 | €52 | -€126 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | €99,605 | €59,168 | -€40,437 | -40.6% |
| Income taxes | 67/77 | €21,047 | €12,410 | -€8,637 | -41.0% |
| Profit (loss) for the period | 9904 | €78,558 | €46,758 | -€31,800 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €78,558 | €46,758 | -€31,800 | -40.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.