Gen 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.
Gen Technics
Largest movements
- Receivables within one year +€50,725
up €50,725 (+510.4%), from €9,938 to €60,663
of which Trade receivables: +€50,725
- Tangible fixed assets -€30,343
down €30,343 (-39.1%), from €77,644 to €47,301
- Stocks and contracts -€15,297
down €15,297 (-21.6%), from €70,752 to €55,455
- Cash -€7,828
down €7,828 (-62.3%), from €12,565 to €4,736
mainly Receivables within one year (-€50,725) and Trade debts (-€41,744)
- Other debts +€49,086
up €49,086 (+1993.6%), from €2,462 to €51,548
- Trade debts -€41,744
down €41,744 (-61.5%), from €67,922 to €26,177
- Debts after one year -€8,782
down €8,782 (-94.7%), from €9,276 to €494
- Current portion of long-term debt -€8,174
down €8,174 (-48.2%), from €16,956 to €8,782
- Tax, wage and social debts +€4,946
up €4,946 (+36.9%), from €13,393 to €18,338
- Gross operating margin +€50,491
up €50,491, from -€14,880 to €35,611
- Depreciation +€4,699
up €4,699 (+18.3%), from €25,644 to €30,343
- Financial charges +€904
up €904 (+51.7%), from €1,748 to €2,652
- Staff costs -€390
no longer reported in 2025 (was €390)
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 | €172,568 | €171,076 | -€1,492 | -0.9% |
| Fixed assets | 21/28 | €77,724 | €47,381 | -€30,343 | -39.0% |
| Tangible fixed assets | 22/27 | €77,644 | €47,301 | -€30,343 | -39.1% |
| Land and buildings | 22 | €22,650 | €12,516 | -€10,133 | -44.7% |
| Plant, machinery and equipment | 23 | €33,264 | €23,590 | -€9,674 | -29.1% |
| Furniture and vehicles | 24 | €21,730 | €11,195 | -€10,535 | -48.5% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €94,844 | €123,695 | +€28,851 | +30.4% |
| Stocks and contracts in progress | 3 | €70,752 | €55,455 | -€15,297 | -21.6% |
| Stocks | 30/36 | €70,752 | €55,455 | -€15,297 | -21.6% |
| Amounts receivable within one year | 40/41 | €9,938 | €60,663 | +€50,725 | +510.4% |
| Trade receivables | 40 | €9,938 | €60,663 | +€50,725 | +510.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €12,565 | €4,736 | -€7,828 | -62.3% |
| Deferred charges and accrued income | 490/1 | €1,590 | €2,841 | +€1,251 | +78.7% |
| Total equity and liabilities | 10/49 | €172,568 | €171,076 | -€1,492 | -0.9% |
| Equity | 10/15 | €62,559 | €63,975 | +€1,416 | +2.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,559 | €57,975 | +€1,416 | +2.5% |
| Amounts payable | 17/49 | €110,009 | €107,101 | -€2,909 | -2.6% |
| Amounts payable after more than one year | 17 | €9,276 | €494 | -€8,782 | -94.7% |
| Financial debts | 170/4 | €9,276 | €494 | -€8,782 | -94.7% |
| Amounts payable within one year | 42/48 | €100,733 | €104,846 | +€4,113 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €16,956 | €8,782 | -€8,174 | -48.2% |
| Trade debts | 44 | €67,922 | €26,177 | -€41,744 | -61.5% |
| Suppliers | 440/4 | €67,922 | €26,177 | -€41,744 | -61.5% |
| Taxes, remuneration and social security | 45 | €13,393 | €18,338 | +€4,946 | +36.9% |
| Taxes | 450/3 | €13,393 | €18,338 | +€4,946 | +36.9% |
| Other amounts payable | 47/48 | €2,462 | €51,548 | +€49,086 | +1993.6% |
| Accrued charges and deferred income | 492/3 | - | €1,761 | +€1,761 | |
| Remuneration, social security and pensions | 62 | €390 | - | -€390 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,644 | €30,343 | +€4,699 | +18.3% |
| Other operating charges | 640/8 | €998 | €1,216 | +€218 | +21.9% |
| Gross operating margin | 9900 | -€14,880 | €35,611 | +€50,491 | |
| Operating profit (loss) | 9901 | -€41,911 | €4,053 | +€45,963 | |
| Financial income | 75/76B | €47 | €16 | -€31 | -66.5% |
| Recurring financial income | 75 | €47 | €16 | -€31 | -66.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €1,748 | €2,652 | +€904 | +51.7% |
| Recurring financial charges | 65 | €1,748 | €2,652 | +€904 | +51.7% |
| Profit (loss) for the period before taxes | 9903 | -€43,611 | €1,416 | +€45,028 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€43,611 | €1,416 | +€45,028 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,611 | €1,416 | +€45,028 |
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 10 October 2026 via checked.be.