GB Technics: 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.
GB Technics
Largest movements
- Cash +€92,537
up €92,537 (+41.0%), from €225,573 to €318,110
mainly Net result for the year (+€145,660) and Other debts (+€10,681)
- Tangible fixed assets -€9,979
down €9,979 (-25.9%), from €38,468 to €28,489
of which Furniture and vehicles: -€9,835
- Receivables within one year -€8,870
down €8,870 (-8.9%), from €99,119 to €90,250
of which Other amounts receivable: -€11,851
- Reserves +€145,660
up €145,660 (+63.6%), from €229,035 to €374,695
- Trade debts -€74,585
no longer reported in 2025 (was €74,585)
- Other debts +€10,681
new in 2025: €10,681
- Advances received -€6,279
no longer reported in 2025 (was €6,279)
- Gross operating margin +€68,186
up €68,186 (+47.7%), from €143,050 to €211,236
- Taxes +€13,839
up €13,839 (+45.2%), from €30,611 to €44,450
- Write-downs +€8,362
new in 2025: €8,362
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 | €363,160 | €436,848 | +€73,688 | +20.3% |
| Fixed assets | 21/28 | €38,468 | €28,489 | -€9,979 | -25.9% |
| Tangible fixed assets | 22/27 | €38,468 | €28,489 | -€9,979 | -25.9% |
| Plant, machinery and equipment | 23 | €144 | - | -€144 | |
| Furniture and vehicles | 24 | €38,324 | €28,489 | -€9,835 | -25.7% |
| Current assets | 29/58 | €324,692 | €408,360 | +€83,667 | +25.8% |
| Amounts receivable within one year | 40/41 | €99,119 | €90,250 | -€8,870 | -8.9% |
| Trade receivables | 40 | €84,928 | €87,909 | +€2,981 | +3.5% |
| Other amounts receivable | 41 | €14,192 | €2,341 | -€11,851 | -83.5% |
| Cash at bank and in hand | 54/58 | €225,573 | €318,110 | +€92,537 | +41.0% |
| Total equity and liabilities | 10/49 | €363,160 | €436,848 | +€73,688 | +20.3% |
| Equity | 10/15 | €231,035 | €376,695 | +€145,660 | +63.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €229,035 | €374,695 | +€145,660 | +63.6% |
| Distributable reserves | 133 | €229,035 | €374,695 | +€145,660 | +63.6% |
| Amounts payable | 17/49 | €132,125 | €60,153 | -€71,972 | -54.5% |
| Amounts payable within one year | 42/48 | €132,125 | €60,153 | -€71,972 | -54.5% |
| Trade debts | 44 | €74,585 | - | -€74,585 | |
| Suppliers | 440/4 | €74,585 | - | -€74,585 | |
| Advances received on contracts in progress | 46 | €6,279 | - | -€6,279 | |
| Taxes, remuneration and social security | 45 | €51,261 | €49,472 | -€1,789 | -3.5% |
| Taxes | 450/3 | €41,361 | €45,072 | +€3,711 | +9.0% |
| Remuneration and social security | 454/9 | €9,900 | €4,400 | -€5,500 | -55.6% |
| Other amounts payable | 47/48 | - | €10,681 | +€10,681 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,136 | €9,979 | -€157 | -1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,362 | +€8,362 | |
| Other operating charges | 640/8 | €1,132 | €2,450 | +€1,318 | +116.4% |
| Gross operating margin | 9900 | €143,050 | €211,236 | +€68,186 | +47.7% |
| Operating profit (loss) | 9901 | €131,782 | €190,445 | +€58,663 | +44.5% |
| Financial income | 75/76B | €383 | €690 | +€307 | +80.3% |
| Recurring financial income | 75 | €383 | €690 | +€307 | +80.3% |
| Financial charges | 65/66B | €504 | €1,025 | +€521 | +103.5% |
| Recurring financial charges | 65 | €504 | €1,025 | +€521 | +103.5% |
| Profit (loss) for the period before taxes | 9903 | €131,661 | €190,110 | +€58,449 | +44.4% |
| Income taxes | 67/77 | €30,611 | €44,450 | +€13,839 | +45.2% |
| Profit (loss) for the period | 9904 | €101,050 | €145,660 | +€44,610 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €101,050 | €145,660 | +€44,610 | +44.1% |
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 6 October 2026 via checked.be.