GCK Technics: 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.
GCK Technics
Largest movements
- Tangible fixed assets -€155,474
down €155,474 (-96.4%), from €161,272 to €5,798
of which Plant, machinery and equipment: -€123,041
- Receivables within one year -€32,851
down €32,851 (-29.9%), from €110,000 to €77,149
of which Other amounts receivable: -€19,644
- Stocks and contracts +€21,862
new in 2025: €21,862
- Other debts +€368,070
up €368,070 (+496.8%), from €74,094 to €442,164
- Profit (loss) carried forward -€241,123
down €241,123 (-78.3%), from -€308,081 to -€549,204
- Accrued charges and deferred income -€168,450
no longer reported in 2025 (was €168,450)
- Debts after one year -€75,743
no longer reported in 2025 (was €75,743)
- Trade debts +€64,835
up €64,835 (+114.8%), from €56,491 to €121,325
- Gross operating margin +€131,386
up €131,386 (+58.7%), from -€223,864 to -€92,478
- Other operating charges +€84,092
up €84,092 (+1775.9%), from €4,735 to €88,827
- Depreciation -€36,146
down €36,146 (-90.8%), from €39,787 to €3,641
- Staff costs -€31,524
down €31,524 (-47.6%), from €66,274 to €34,750
- Financial charges +€7,451
up €7,451 (+51.9%), from €14,342 to €21,793
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €271,271 | €104,808 | -€166,463 | -61.4% |
| Fixed assets | 21/28 | €161,272 | €5,798 | -€155,474 | -96.4% |
| Tangible fixed assets | 22/27 | €161,272 | €5,798 | -€155,474 | -96.4% |
| Plant, machinery and equipment | 23 | €127,852 | €4,811 | -€123,041 | -96.2% |
| Furniture and vehicles | 24 | €4,108 | €987 | -€3,121 | -76.0% |
| Other tangible fixed assets | 26 | €29,311 | - | -€29,311 | |
| Current assets | 29/58 | €110,000 | €99,010 | -€10,990 | -10.0% |
| Stocks and contracts in progress | 3 | - | €21,862 | +€21,862 | |
| Stocks | 30/36 | - | €21,862 | +€21,862 | |
| Amounts receivable within one year | 40/41 | €110,000 | €77,149 | -€32,851 | -29.9% |
| Trade receivables | 40 | €90,290 | €77,082 | -€13,207 | -14.6% |
| Other amounts receivable | 41 | €19,710 | €66 | -€19,644 | -99.7% |
| Total equity and liabilities | 10/49 | €271,271 | €104,808 | -€166,463 | -61.4% |
| Equity | 10/15 | -€289,481 | -€530,604 | -€241,123 | -83.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€308,081 | -€549,204 | -€241,123 | -78.3% |
| Amounts payable | 17/49 | €560,752 | €635,413 | +€74,660 | +13.3% |
| Amounts payable after more than one year | 17 | €75,743 | - | -€75,743 | |
| Financial debts | 170/4 | €75,743 | - | -€75,743 | |
| Amounts payable within one year | 42/48 | €316,559 | €635,413 | +€318,854 | +100.7% |
| Current portion of amounts payable after more than one year | 42 | €55,812 | - | -€55,812 | |
| Financial debts | 43 | €53,524 | €44,765 | -€8,759 | -16.4% |
| Credit institutions | 430/8 | €53,524 | €44,765 | -€8,759 | -16.4% |
| Trade debts | 44 | €56,491 | €121,325 | +€64,835 | +114.8% |
| Suppliers | 440/4 | €56,491 | €121,325 | +€64,835 | +114.8% |
| Taxes, remuneration and social security | 45 | €76,638 | €27,158 | -€49,480 | -64.6% |
| Taxes | 450/3 | €45,659 | €15,435 | -€30,224 | -66.2% |
| Remuneration and social security | 454/9 | €30,980 | €11,724 | -€19,256 | -62.2% |
| Other amounts payable | 47/48 | €74,094 | €442,164 | +€368,070 | +496.8% |
| Accrued charges and deferred income | 492/3 | €168,450 | - | -€168,450 | |
| Remuneration, social security and pensions | 62 | €66,274 | €34,750 | -€31,524 | -47.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,787 | €3,641 | -€36,146 | -90.8% |
| Other operating charges | 640/8 | €4,735 | €88,827 | +€84,092 | +1775.9% |
| Gross operating margin | 9900 | -€223,864 | -€92,478 | +€131,386 | +58.7% |
| Operating profit (loss) | 9901 | -€334,661 | -€219,697 | +€114,964 | +34.4% |
| Financial income | 75/76B | €0 | €366 | +€366 | +366380.0% |
| Recurring financial income | 75 | €0 | €366 | +€366 | +366380.0% |
| Financial charges | 65/66B | €14,342 | €21,793 | +€7,451 | +51.9% |
| Recurring financial charges | 65 | €14,342 | €21,793 | +€7,451 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | -€349,003 | -€241,123 | +€107,880 | +30.9% |
| Profit (loss) for the period | 9904 | -€349,003 | -€241,123 | +€107,880 | +30.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€349,003 | -€241,123 | +€107,880 | +30.9% |
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 11 October 2026 via checked.be.