GCNN 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.
GCNN TECH
Largest movements
- Financial fixed assets +€25,000
up €25,000 (+231.5%), from €10,800 to €35,800
- Cash -€11,348
down €11,348 (-62.0%), from €18,307 to €6,959
mainly Investment in fixed assets (net) (-€26,102) and Other debts (-€14,150)
- Receivables within one year +€3,937
up €3,937 (+53.5%), from €7,358 to €11,295
of which Trade receivables: +€2,204
- Tangible fixed assets -€1,111
down €1,111 (-5.4%), from €20,472 to €19,360
of which Other tangible fixed assets: -€2,067
- Deferred charges and accrued income +€811
new in 2025: €811
- Reserves +€22,693
new in 2025: €22,693
- Other debts -€14,150
down €14,150 (-100.0%), from €14,150 to €0
- Current portion of long-term debt +€4,706
new in 2025: €4,706
- Tax, wage and social debts +€3,366
up €3,366 (+28.1%), from €11,977 to €15,342
- Taxes +€2,393
up €2,393 (+35.1%), from €6,815 to €9,208
- Depreciation +€1,512
up €1,512 (+135.4%), from €1,117 to €2,629
- Other operating charges +€1,401
up €1,401 (+573.6%), from €244 to €1,645
- Gross operating margin +€829
up €829 (+2.4%), from €35,234 to €36,063
- Financial income +€677
up €677 (+1118.4%), from €61 to €737
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 | €57,352 | €74,225 | +€16,873 | +29.4% |
| Formation expenses | 20 | €416 | €0 | -€416 | -100.0% |
| Fixed assets | 21/28 | €31,272 | €55,160 | +€23,889 | +76.4% |
| Tangible fixed assets | 22/27 | €20,472 | €19,360 | -€1,111 | -5.4% |
| Plant, machinery and equipment | 23 | - | €956 | +€956 | |
| Other tangible fixed assets | 26 | €20,472 | €18,404 | -€2,067 | -10.1% |
| Financial fixed assets | 28 | €10,800 | €35,800 | +€25,000 | +231.5% |
| Current assets | 29/58 | €25,665 | €19,065 | -€6,600 | -25.7% |
| Amounts receivable within one year | 40/41 | €7,358 | €11,295 | +€3,937 | +53.5% |
| Trade receivables | 40 | €7,358 | €9,562 | +€2,204 | +30.0% |
| Other amounts receivable | 41 | - | €1,733 | +€1,733 | |
| Cash at bank and in hand | 54/58 | €18,307 | €6,959 | -€11,348 | -62.0% |
| Deferred charges and accrued income | 490/1 | - | €811 | +€811 | |
| Total equity and liabilities | 10/49 | €57,352 | €74,225 | +€16,873 | +29.4% |
| Equity | 10/15 | €28,785 | €51,478 | +€22,693 | +78.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €22,693 | +€22,693 | |
| Distributable reserves | 133 | - | €22,693 | +€22,693 | |
| Profit (loss) carried forward | 14 | €26,785 | €26,785 | = | 0.0% |
| Amounts payable | 17/49 | €28,567 | €22,747 | -€5,820 | -20.4% |
| Amounts payable within one year | 42/48 | €28,447 | €22,552 | -€5,895 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,706 | +€4,706 | |
| Trade debts | 44 | €2,321 | €2,504 | +€183 | +7.9% |
| Suppliers | 440/4 | €2,321 | €2,504 | +€183 | +7.9% |
| Taxes, remuneration and social security | 45 | €11,977 | €15,342 | +€3,366 | +28.1% |
| Taxes | 450/3 | €11,977 | €15,342 | +€3,366 | +28.1% |
| Other amounts payable | 47/48 | €14,150 | €0 | -€14,150 | -100.0% |
| Accrued charges and deferred income | 492/3 | €120 | €195 | +€75 | +62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,117 | €2,629 | +€1,512 | +135.4% |
| Other operating charges | 640/8 | €244 | €1,645 | +€1,401 | +573.6% |
| Gross operating margin | 9900 | €35,234 | €36,063 | +€829 | +2.4% |
| Operating profit (loss) | 9901 | €33,873 | €31,789 | -€2,084 | -6.2% |
| Financial income | 75/76B | €61 | €737 | +€677 | +1118.4% |
| Recurring financial income | 75 | €61 | €737 | +€677 | +1118.4% |
| Financial charges | 65/66B | €334 | €624 | +€290 | +87.1% |
| Recurring financial charges | 65 | €334 | €624 | +€290 | +87.1% |
| Profit (loss) for the period before taxes | 9903 | €33,600 | €31,902 | -€1,698 | -5.1% |
| Income taxes | 67/77 | €6,815 | €9,208 | +€2,393 | +35.1% |
| Profit (loss) for the period | 9904 | €26,785 | €22,693 | -€4,091 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,785 | €22,693 | -€4,091 | -15.3% |
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 12 October 2026 via checked.be.