GESTECH ENGINEERING: 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.
GESTECH ENGINEERING
Largest movements
- Receivables within one year +€135,691
up €135,691 (+227.9%), from €59,545 to €195,236
of which Other amounts receivable: +€83,605
- Tangible fixed assets +€29,189
new in 2025: €29,189
- Cash +€21,479
up €21,479 (+58.1%), from €36,967 to €58,447
mainly Net result for the year (+€166,294) and Other debts (+€20,000)
- Profit (loss) carried forward +€166,294
up €166,294 (+1196.7%), from €13,896 to €180,190
- Other debts +€20,000
new in 2025: €20,000
- Tax, wage and social debts +€3,643
up €3,643 (+51.5%), from €7,067 to €10,710
- Trade debts -€3,578
down €3,578 (-26.7%), from €13,383 to €9,805
- Gross operating margin +€153,324
up €153,324 (+1050.6%), from €14,595 to €167,919
- Taxes +€3,456
new in 2025: €3,456
- Financial income +€3,105
new in 2025: €3,105
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 | €96,512 | €282,872 | +€186,359 | +193.1% |
| Fixed assets | 21/28 | - | €29,189 | +€29,189 | |
| Tangible fixed assets | 22/27 | - | €29,189 | +€29,189 | |
| Furniture and vehicles | 24 | - | €29,189 | +€29,189 | |
| Current assets | 29/58 | €96,512 | €253,683 | +€157,171 | +162.9% |
| Amounts receivable within one year | 40/41 | €59,545 | €195,236 | +€135,691 | +227.9% |
| Trade receivables | 40 | €28,545 | €80,631 | +€52,086 | +182.5% |
| Other amounts receivable | 41 | €31,000 | €114,605 | +€83,605 | +269.7% |
| Cash at bank and in hand | 54/58 | €36,967 | €58,447 | +€21,479 | +58.1% |
| Total equity and liabilities | 10/49 | €96,512 | €282,872 | +€186,359 | +193.1% |
| Equity | 10/15 | €15,656 | €181,950 | +€166,294 | +1062.2% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Capital | 10 | €1,600 | €1,600 | = | 0.0% |
| Issued capital | 100 | €1,600 | €1,600 | = | 0.0% |
| Reserves | 13 | €160 | €160 | = | 0.0% |
| Non-distributable reserves | 130/1 | €160 | €160 | = | 0.0% |
| Legal reserve | 130 | €160 | €160 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,896 | €180,190 | +€166,294 | +1196.7% |
| Amounts payable | 17/49 | €80,857 | €100,922 | +€20,065 | +24.8% |
| Amounts payable within one year | 42/48 | €80,857 | €100,922 | +€20,065 | +24.8% |
| Trade debts | 44 | €13,383 | €9,805 | -€3,578 | -26.7% |
| Suppliers | 440/4 | €13,383 | €9,805 | -€3,578 | -26.7% |
| Advances received on contracts in progress | 46 | €60,406 | €60,406 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,067 | €10,710 | +€3,643 | +51.5% |
| Taxes | 450/3 | €7,067 | €10,710 | +€3,643 | +51.5% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Remuneration, social security and pensions | 62 | €160 | €168 | +€8 | +5.0% |
| Other operating charges | 640/8 | €334 | €1,105 | +€771 | +230.7% |
| Gross operating margin | 9900 | €14,595 | €167,919 | +€153,324 | +1050.6% |
| Operating profit (loss) | 9901 | €14,100 | €166,645 | +€152,545 | +1081.9% |
| Financial income | 75/76B | - | €3,105 | +€3,105 | |
| Recurring financial income | 75 | - | €3,105 | +€3,105 | |
| Financial charges | 65/66B | €45 | -€0 | -€45 | |
| Recurring financial charges | 65 | €45 | -€0 | -€45 | |
| Profit (loss) for the period before taxes | 9903 | €14,056 | €169,750 | +€155,695 | +1107.7% |
| Income taxes | 67/77 | - | €3,456 | +€3,456 | |
| Profit (loss) for the period | 9904 | €14,056 | €166,294 | +€152,239 | +1083.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,056 | €166,294 | +€152,239 | +1083.1% |
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 29 September 2026 via checked.be.