Generaltec: 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.
Generaltec
Largest movements
- Receivables within one year +€41,642
up €41,642 (+236.7%), from €17,596 to €59,237
of which Trade receivables: +€54,040
- Receivables after one year +€35,000
new in 2025: €35,000
- Cash -€30,646
down €30,646 (-30.1%), from €101,904 to €71,258
mainly Receivables within one year (-€41,642) and Receivables after one year (-€35,000)
- Tangible fixed assets -€6,698
down €6,698 (-35.8%), from €18,685 to €11,987
of which Furniture and vehicles: -€3,876
- Provisions +€38,302
new in 2025: €38,302
- Other debts -€18,209
down €18,209 (-79.0%), from €23,039 to €4,830
- Profit (loss) carried forward +€10,492
up €10,492 (+10.2%), from €102,984 to €113,476
- Tax, wage and social debts +€4,774
up €4,774 (+45.0%), from €10,612 to €15,386
of which Remuneration and social security: +€6,744
- Trade debts +€3,939
up €3,939 (+717.1%), from €549 to €4,488
- Financial charges +€38,322
up €38,322 (+26062.0%), from €147 to €38,469
- Gross operating margin -€27,993
down €27,993 (-31.3%), from €89,500 to €61,507
- Staff costs -€25,774
no longer reported in 2025 (was €25,774)
- Taxes -€6,965
down €6,965 (-64.7%), from €10,772 to €3,807
- Depreciation -€1,038
down €1,038 (-13.4%), from €7,736 to €6,698
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 | €138,184 | €177,482 | +€39,298 | +28.4% |
| Fixed assets | 21/28 | €18,685 | €11,987 | -€6,698 | -35.8% |
| Tangible fixed assets | 22/27 | €18,685 | €11,987 | -€6,698 | -35.8% |
| Plant, machinery and equipment | 23 | €9,059 | €6,237 | -€2,822 | -31.2% |
| Furniture and vehicles | 24 | €9,626 | €5,750 | -€3,876 | -40.3% |
| Current assets | 29/58 | €119,500 | €165,496 | +€45,996 | +38.5% |
| Amounts receivable after more than one year | 29 | - | €35,000 | +€35,000 | |
| Other amounts receivable | 291 | - | €35,000 | +€35,000 | |
| Amounts receivable within one year | 40/41 | €17,596 | €59,237 | +€41,642 | +236.7% |
| Trade receivables | 40 | €3,057 | €57,097 | +€54,040 | +1767.8% |
| Other amounts receivable | 41 | €14,539 | €2,140 | -€12,398 | -85.3% |
| Cash at bank and in hand | 54/58 | €101,904 | €71,258 | -€30,646 | -30.1% |
| Total equity and liabilities | 10/49 | €138,184 | €177,482 | +€39,298 | +28.4% |
| Equity | 10/15 | €103,984 | €114,476 | +€10,492 | +10.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,984 | €113,476 | +€10,492 | +10.2% |
| Provisions and deferred taxes | 16 | - | €38,302 | +€38,302 | |
| Provisions for liabilities and charges | 160/5 | - | €38,302 | +€38,302 | |
| Other liabilities and charges | 164/5 | - | €38,302 | +€38,302 | |
| Amounts payable | 17/49 | €34,200 | €24,705 | -€9,496 | -27.8% |
| Amounts payable within one year | 42/48 | €34,200 | €24,705 | -€9,496 | -27.8% |
| Trade debts | 44 | €549 | €4,488 | +€3,939 | +717.1% |
| Suppliers | 440/4 | €549 | €4,488 | +€3,939 | +717.1% |
| Taxes, remuneration and social security | 45 | €10,612 | €15,386 | +€4,774 | +45.0% |
| Taxes | 450/3 | €10,612 | €8,642 | -€1,970 | -18.6% |
| Remuneration and social security | 454/9 | - | €6,744 | +€6,744 | |
| Other amounts payable | 47/48 | €23,039 | €4,830 | -€18,209 | -79.0% |
| Remuneration, social security and pensions | 62 | €25,774 | - | -€25,774 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,736 | €6,698 | -€1,038 | -13.4% |
| Other operating charges | 640/8 | €2,709 | €2,043 | -€666 | -24.6% |
| Gross operating margin | 9900 | €89,500 | €61,507 | -€27,993 | -31.3% |
| Operating profit (loss) | 9901 | €53,281 | €52,766 | -€514 | -1.0% |
| Financial income | 75/76B | €0 | €1 | +€0 | +119.5% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +119.5% |
| Financial charges | 65/66B | €147 | €38,469 | +€38,322 | +26062.0% |
| Recurring financial charges | 65 | €147 | €38,469 | +€38,322 | +26062.0% |
| Profit (loss) for the period before taxes | 9903 | €53,134 | €14,299 | -€38,836 | -73.1% |
| Income taxes | 67/77 | €10,772 | €3,807 | -€6,965 | -64.7% |
| Profit (loss) for the period | 9904 | €42,362 | €10,492 | -€31,871 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,362 | €10,492 | -€31,871 | -75.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.