GETEC: 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.
GETEC
Largest movements
- Receivables within one year +€10,657
up €10,657 (+64.0%), from €16,651 to €27,308
of which Trade receivables: +€12,235
- Tangible fixed assets -€9,209
down €9,209 (-4.4%), from €211,310 to €202,101
- Other debts -€195,639
no longer reported in 2025 (was €195,639)
- Debts after one year +€106,900
up €106,900 (+123.4%), from €86,615 to €193,515
- Short-term financial debts +€94,394
new in 2025: €94,394
- Profit (loss) carried forward -€7,401
down €7,401 (-6.0%), from -€124,031 to -€131,432
- Trade debts +€2,869
new in 2025: €2,869
- Gross operating margin -€12,600
down €12,600, from €12,573 to -€27
- Depreciation -€9,209
no longer reported in 2025 (was €9,209)
- Financial charges -€3,331
down €3,331 (-31.1%), from €10,706 to €7,374
of which Non-recurring financial charges: -€10,706
- Other operating charges -€1,028
no longer reported in 2025 (was €1,028)
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 | €228,333 | €229,456 | +€1,122 | +0.5% |
| Fixed assets | 21/28 | €211,310 | €202,101 | -€9,209 | -4.4% |
| Tangible fixed assets | 22/27 | €211,310 | €202,101 | -€9,209 | -4.4% |
| Land and buildings | 22 | €211,310 | €202,101 | -€9,209 | -4.4% |
| Current assets | 29/58 | €17,024 | €27,355 | +€10,332 | +60.7% |
| Amounts receivable within one year | 40/41 | €16,651 | €27,308 | +€10,657 | +64.0% |
| Trade receivables | 40 | €4,276 | €16,510 | +€12,235 | +286.2% |
| Other amounts receivable | 41 | €12,375 | €10,798 | -€1,578 | -12.7% |
| Cash at bank and in hand | 54/58 | €373 | €47 | -€326 | -87.4% |
| Total equity and liabilities | 10/49 | €228,333 | €229,456 | +€1,122 | +0.5% |
| Equity | 10/15 | -€53,921 | -€61,322 | -€7,401 | -13.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €8,137 | €8,137 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €1,939 | €1,939 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,031 | -€131,432 | -€7,401 | -6.0% |
| Amounts payable | 17/49 | €282,255 | €290,778 | +€8,523 | +3.0% |
| Amounts payable after more than one year | 17 | €86,615 | €193,515 | +€106,900 | +123.4% |
| Financial debts | 170/4 | €86,615 | €193,515 | +€106,900 | +123.4% |
| Amounts payable within one year | 42/48 | €195,639 | €97,263 | -€98,377 | -50.3% |
| Financial debts | 43 | - | €94,394 | +€94,394 | |
| Other loans | 439 | - | €94,394 | +€94,394 | |
| Trade debts | 44 | - | €2,869 | +€2,869 | |
| Suppliers | 440/4 | - | €2,869 | +€2,869 | |
| Other amounts payable | 47/48 | €195,639 | - | -€195,639 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,209 | - | -€9,209 | |
| Other operating charges | 640/8 | €1,028 | - | -€1,028 | |
| Gross operating margin | 9900 | €12,573 | -€27 | -€12,600 | |
| Operating profit (loss) | 9901 | €2,336 | -€27 | -€2,363 | |
| Financial charges | 65/66B | €10,706 | €7,374 | -€3,331 | -31.1% |
| Recurring financial charges | 65 | €10,706 | €7,374 | -€3,331 | -31.1% |
| Non-recurring financial charges | 66B | €10,706 | - | -€10,706 | |
| Profit (loss) for the period before taxes | 9903 | -€8,369 | -€7,401 | +€968 | +11.6% |
| Profit (loss) for the period | 9904 | -€8,369 | -€7,401 | +€968 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,369 | -€7,401 | +€968 | +11.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.