GEDITEC: 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.
GEDITEC
Largest movements
- Cash +€160,043
up €160,043 (+147.8%), from €108,285 to €268,328
mainly Net result for the year (+€308,129) and Other debts (+€171,219)
- Receivables within one year -€92,122
down €92,122 (-8.4%), from €1.1m to €1.0m
of which Trade receivables: -€168,216
- Intangible fixed assets -€55,836
down €55,836 (-25.3%), from €220,591 to €164,755
- Stocks and contracts -€28,498
down €28,498 (-9.1%), from €313,737 to €285,239
- Trade debts -€201,804
down €201,804 (-60.3%), from €334,560 to €132,756
- Other debts +€171,219
up €171,219 (+24.2%), from €706,460 to €877,678
- Debts after one year -€49,802
down €49,802 (-37.6%), from €132,540 to €82,737
- Reserves +€47,859
up €47,859 (+10.5%), from €454,002 to €501,860
- Gross operating margin +€60,146
up €60,146 (+15.8%), from €381,759 to €441,904
- Financial charges +€11,022
up €11,022 (+59.6%), from €18,505 to €29,527
of which Financial charges: +€5,627
- Taxes +€5,908
up €5,908 (+10.5%), from €56,473 to €62,381
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 | €1,760,863 | €1,731,565 | -€29,298 | -1.7% |
| Fixed assets | 21/28 | €240,870 | €172,426 | -€68,444 | -28.4% |
| Intangible fixed assets | 21 | €220,591 | €164,755 | -€55,836 | -25.3% |
| Tangible fixed assets | 22/27 | €20,278 | €7,671 | -€12,607 | -62.2% |
| Plant, machinery and equipment | 23 | €1,882 | €2,582 | +€699 | +37.1% |
| Furniture and vehicles | 24 | €18,396 | €5,089 | -€13,307 | -72.3% |
| Current assets | 29/58 | €1,519,993 | €1,559,139 | +€39,146 | +2.6% |
| Stocks and contracts in progress | 3 | €313,737 | €285,239 | -€28,498 | -9.1% |
| Stocks | 30/36 | €313,737 | €285,239 | -€28,498 | -9.1% |
| Amounts receivable within one year | 40/41 | €1,097,623 | €1,005,501 | -€92,122 | -8.4% |
| Trade receivables | 40 | €679,578 | €511,362 | -€168,216 | -24.8% |
| Other amounts receivable | 41 | €418,044 | €494,139 | +€76,094 | +18.2% |
| Cash at bank and in hand | 54/58 | €108,285 | €268,328 | +€160,043 | +147.8% |
| Deferred charges and accrued income | 490/1 | €348 | €71 | -€277 | -79.5% |
| Total equity and liabilities | 10/49 | €1,760,863 | €1,731,565 | -€29,298 | -1.7% |
| Equity | 10/15 | €472,602 | €520,460 | +€47,859 | +10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €454,002 | €501,860 | +€47,859 | +10.5% |
| Distributable reserves | 133 | €454,002 | €501,860 | +€47,859 | +10.5% |
| Amounts payable | 17/49 | €1,288,261 | €1,211,104 | -€77,157 | -6.0% |
| Amounts payable after more than one year | 17 | €132,540 | €82,737 | -€49,802 | -37.6% |
| Financial debts | 170/4 | €132,540 | €82,737 | -€49,802 | -37.6% |
| Amounts payable within one year | 42/48 | €1,155,721 | €1,128,367 | -€27,354 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €47,986 | €49,802 | +€1,816 | +3.8% |
| Trade debts | 44 | €334,560 | €132,756 | -€201,804 | -60.3% |
| Suppliers | 440/4 | €334,560 | €132,756 | -€201,804 | -60.3% |
| Taxes, remuneration and social security | 45 | €66,716 | €68,130 | +€1,414 | +2.1% |
| Taxes | 450/3 | €66,716 | €68,130 | +€1,414 | +2.1% |
| Other amounts payable | 47/48 | €706,460 | €877,678 | +€171,219 | +24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,673 | €59,142 | -€2,531 | -4.1% |
| Other operating charges | 640/8 | €2,855 | €2,053 | -€802 | -28.1% |
| Gross operating margin | 9900 | €381,759 | €441,904 | +€60,146 | +15.8% |
| Operating profit (loss) | 9901 | €317,230 | €380,709 | +€63,479 | +20.0% |
| Financial income | 75/76B | €15,211 | €19,327 | +€4,116 | +27.1% |
| Recurring financial income | 75 | €15,211 | €19,327 | +€4,116 | +27.1% |
| Financial charges | 65/66B | €18,505 | €29,527 | +€11,022 | +59.6% |
| Recurring financial charges | 65 | €18,505 | €24,132 | +€5,627 | +30.4% |
| Non-recurring financial charges | 66B | - | €5,395 | +€5,395 | |
| Profit (loss) for the period before taxes | 9903 | €313,936 | €370,509 | +€56,573 | +18.0% |
| Income taxes | 67/77 | €56,473 | €62,381 | +€5,908 | +10.5% |
| Profit (loss) for the period | 9904 | €257,463 | €308,129 | +€50,666 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €257,463 | €308,129 | +€50,666 | +19.7% |
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 3 October 2026 via checked.be.