GATIC: 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.
What changed
GATIC
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€170,835
2024 · -€30,860-€139,975
Equity
€101,305
2024 · €272,140-€170,835
Cash
€881
2024 · €4,586-€3,705
Balance sheet total
€434,572
2024 · €607,646-€173,074
Largest movements
Assets
- Financial fixed assets -€175,000
down €175,000 (-35.9%), from €487,485 to €312,485
- Receivables within one year +€8,893
up €8,893 (+19.7%), from €45,098 to €53,991
of which Trade receivables: +€6,191
Equity and liabilities
- Profit (loss) carried forward -€170,835
down €170,835 (-356.5%), from -€47,926 to -€218,761
Income statement
- Gross operating margin +€35,206
up €35,206, from -€865 to €34,341
- Staff costs +€12,036
new in 2025: €12,036
- Depreciation -€6,356
down €6,356 (-46.7%), from €13,603 to €7,247
- Financial charges +€2,701
up €2,701 (+85.4%), from €3,164 to €5,865
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.
Result 2024
-€30,860
Gross operating margin
+€35,206
Staff costs
-€12,036
Depreciation
+€6,356
Other operating charges
+€317
Other operating items
-€167,444
Financial income
+€326
Financial charges
-€2,701
Result 2025
-€170,835
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.
From operations
-€167,200
Investment
+€169,391
Financing
-€5,896
Cash 2024
€4,586
From operations (derived)
-€167,200
Net result for the year
-€170,835
Depreciation
+€7,247
Receivables within one year
-€8,893
Deferred charges and accrued income
+€1,624
Trade debts
-€1,948
Tax, wage and social debts
+€5,305
Other debts
+€300
Investment (derived)
+€169,391
Investment in fixed assets (net)
+€169,391
Financing
-€5,896
Current portion of long-term debt
-€5,896
Cash 2025
€881
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €607,646 | €434,572 | -€173,074 | -28.5% |
| Fixed assets | 21/28 | €556,337 | €379,699 | -€176,638 | -31.8% |
| Tangible fixed assets | 22/27 | €68,853 | €67,214 | -€1,638 | -2.4% |
| Land and buildings | 22 | €67,625 | €66,502 | -€1,123 | -1.7% |
| Furniture and vehicles | 24 | €1,227 | €712 | -€515 | -42.0% |
| Financial fixed assets | 28 | €487,485 | €312,485 | -€175,000 | -35.9% |
| Current assets | 29/58 | €51,308 | €54,873 | +€3,564 | +6.9% |
| Amounts receivable within one year | 40/41 | €45,098 | €53,991 | +€8,893 | +19.7% |
| Trade receivables | 40 | - | €6,191 | +€6,191 | |
| Other amounts receivable | 41 | €45,098 | €47,800 | +€2,702 | +6.0% |
| Cash at bank and in hand | 54/58 | €4,586 | €881 | -€3,705 | -80.8% |
| Deferred charges and accrued income | 490/1 | €1,624 | - | -€1,624 | |
| Total equity and liabilities | 10/49 | €607,646 | €434,572 | -€173,074 | -28.5% |
| Equity | 10/15 | €272,140 | €101,305 | -€170,835 | -62.8% |
| Contributions | 10/11 | €295,000 | €295,000 | = | 0.0% |
| Reserves | 13 | €25,066 | €25,066 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,737 | €21,737 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,737 | €21,737 | = | 0.0% |
| Distributable reserves | 133 | €3,329 | €3,329 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,926 | -€218,761 | -€170,835 | -356.5% |
| Amounts payable | 17/49 | €335,505 | €333,267 | -€2,239 | -0.7% |
| Amounts payable after more than one year | 17 | €320,659 | €320,659 | = | 0.0% |
| Financial debts | 170/4 | €320,659 | €320,659 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,846 | €12,607 | -€2,239 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €5,896 | - | -€5,896 | |
| Trade debts | 44 | €3,295 | €1,347 | -€1,948 | -59.1% |
| Suppliers | 440/4 | €3,295 | €1,347 | -€1,948 | -59.1% |
| Taxes, remuneration and social security | 45 | €5,655 | €10,960 | +€5,305 | +93.8% |
| Taxes | 450/3 | €5,655 | €10,960 | +€5,305 | +93.8% |
| Other amounts payable | 47/48 | - | €300 | +€300 | |
| Non-recurring operating income | 76A | - | €3,394 | +€3,394 | |
| Remuneration, social security and pensions | 62 | - | €12,036 | +€12,036 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,603 | €7,247 | -€6,356 | -46.7% |
| Other operating charges | 640/8 | €2,861 | €2,544 | -€317 | -11.1% |
| Non-recurring operating charges | 66A | €12,183 | €179,627 | +€167,444 | +1374.4% |
| Gross operating margin | 9900 | -€865 | €34,341 | +€35,206 | |
| Operating profit (loss) | 9901 | -€29,513 | -€167,114 | -€137,601 | -466.2% |
| Financial income | 75/76B | €1,817 | €2,144 | +€326 | +18.0% |
| Recurring financial income | 75 | €1,817 | €2,144 | +€326 | +18.0% |
| Financial charges | 65/66B | €3,164 | €5,865 | +€2,701 | +85.4% |
| Recurring financial charges | 65 | €3,164 | €5,865 | +€2,701 | +85.4% |
| Profit (loss) for the period before taxes | 9903 | -€30,860 | -€170,835 | -€139,975 | -453.6% |
| Profit (loss) for the period | 9904 | -€30,860 | -€170,835 | -€139,975 | -453.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,860 | -€170,835 | -€139,975 | -453.6% |
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 30 September 2026 via checked.be.