GEDITECH: 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.
GEDITECH
Largest movements
- Cash -€6,355
down €6,355 (-8.8%), from €72,386 to €66,032
mainly Trade debts (-€10,270) and Tax, wage and social debts (-€4,799)
- Tangible fixed assets -€5,955
down €5,955 (-37.8%), from €15,762 to €9,807
of which Furniture and vehicles: -€4,810
- Financial fixed assets -€4,500
down €4,500 (-100%), from €4,500 to €0
- Receivables within one year +€2,081
up €2,081 (+5.1%), from €40,477 to €42,558
of which Trade receivables: +€2,659
- Trade debts -€10,270
down €10,270 (-62.6%), from €16,416 to €6,146
- Tax, wage and social debts -€4,799
down €4,799 (-36.8%), from €13,032 to €8,233
of which Taxes: -€4,799
- Reserves +€3,839
up €3,839 (+4.1%), from €92,528 to €96,367
- Other debts -€3,727
down €3,727 (-49.2%), from €7,577 to €3,850
- Gross operating margin -€18,183
down €18,183 (-60.7%), from €29,961 to €11,778
- Taxes -€3,589
down €3,589 (-72.3%), from €4,962 to €1,373
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.
Derived cash bridge
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 | €134,553 | €119,597 | -€14,956 | -11.1% |
| Fixed assets | 21/28 | €20,262 | €9,807 | -€10,455 | -51.6% |
| Tangible fixed assets | 22/27 | €15,762 | €9,807 | -€5,955 | -37.8% |
| Furniture and vehicles | 24 | €7,462 | €2,652 | -€4,810 | -64.5% |
| Other tangible fixed assets | 26 | €8,300 | €7,155 | -€1,145 | -13.8% |
| Financial fixed assets | 28 | €4,500 | €0 | -€4,500 | -100% |
| Current assets | 29/58 | €114,290 | €109,789 | -€4,501 | -3.9% |
| Amounts receivable within one year | 40/41 | €40,477 | €42,558 | +€2,081 | +5.1% |
| Trade receivables | 40 | €33,483 | €36,143 | +€2,659 | +7.9% |
| Other amounts receivable | 41 | €6,994 | €6,415 | -€578 | -8.3% |
| Cash at bank and in hand | 54/58 | €72,386 | €66,032 | -€6,355 | -8.8% |
| Deferred charges and accrued income | 490/1 | €1,427 | €1,199 | -€227 | -15.9% |
| Total equity and liabilities | 10/49 | €134,553 | €119,597 | -€14,956 | -11.1% |
| Equity | 10/15 | €97,528 | €101,367 | +€3,839 | +3.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €92,528 | €96,367 | +€3,839 | +4.1% |
| Distributable reserves | 133 | €92,528 | €96,367 | +€3,839 | +4.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €37,025 | €18,230 | -€18,796 | -50.8% |
| Amounts payable within one year | 42/48 | €37,025 | €18,230 | -€18,796 | -50.8% |
| Trade debts | 44 | €16,416 | €6,146 | -€10,270 | -62.6% |
| Suppliers | 440/4 | €16,416 | €6,146 | -€10,270 | -62.6% |
| Taxes, remuneration and social security | 45 | €13,032 | €8,233 | -€4,799 | -36.8% |
| Taxes | 450/3 | €10,532 | €5,733 | -€4,799 | -45.6% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €7,577 | €3,850 | -€3,727 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,955 | €5,955 | = | 0.0% |
| Other operating charges | 640/8 | €677 | €593 | -€84 | -12.4% |
| Gross operating margin | 9900 | €29,961 | €11,778 | -€18,183 | -60.7% |
| Operating profit (loss) | 9901 | €23,329 | €5,229 | -€18,100 | -77.6% |
| Financial income | 75/76B | €136 | €68 | -€69 | -50.5% |
| Recurring financial income | 75 | €136 | €68 | -€69 | -50.5% |
| Financial charges | 65/66B | €100 | €84 | -€15 | -15.5% |
| Recurring financial charges | 65 | €100 | €84 | -€15 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €23,366 | €5,212 | -€18,153 | -77.7% |
| Income taxes | 67/77 | €4,962 | €1,373 | -€3,589 | -72.3% |
| Profit (loss) for the period | 9904 | €18,404 | €3,839 | -€14,564 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,404 | €3,839 | -€14,564 | -79.1% |
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 13 October 2026 via checked.be.