GH-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.
GH-TECHNICS
Largest movements
- Tangible fixed assets -€12,334
down €12,334 (-49.8%), from €24,787 to €12,452
of which Furniture and vehicles: -€11,111
- Cash -€4,222
down €4,222 (-15.7%), from €26,827 to €22,605
mainly Net result for the year (-€12,363) and Tax, wage and social debts (-€2,731)
- Receivables within one year -€2,842
down €2,842 (-16.0%), from €17,805 to €14,963
of which Trade receivables: -€5,275
- Deferred charges and accrued income +€2,727
up €2,727 (+452%), from €604 to €3,331
- Profit (loss) carried forward -€9,858
new in 2025: -€9,858
- Tax, wage and social debts -€2,731
no longer reported in 2025 (was €2,731)
- Reserves -€2,505
down €2,505 (-5.4%), from €45,971 to €43,466
- Other debts -€750
no longer reported in 2025 (was €750)
- Accrued charges and deferred income -€742
down €742 (-93.1%), from €798 to €55
- Gross operating margin -€33,980
down €33,980 (-97.9%), from €34,720 to €740
- Taxes -€4,731
no longer reported in 2025 (was €4,731)
- Depreciation -€594
down €594 (-4.6%), from €12,928 to €12,334
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 | €70,023 | €53,351 | -€16,672 | -23.8% |
| Fixed assets | 21/28 | €24,787 | €12,452 | -€12,334 | -49.8% |
| Tangible fixed assets | 22/27 | €24,787 | €12,452 | -€12,334 | -49.8% |
| Plant, machinery and equipment | 23 | €3,383 | €2,160 | -€1,223 | -36.2% |
| Furniture and vehicles | 24 | €21,403 | €10,293 | -€11,111 | -51.9% |
| Current assets | 29/58 | €45,236 | €40,898 | -€4,338 | -9.6% |
| Amounts receivable within one year | 40/41 | €17,805 | €14,963 | -€2,842 | -16.0% |
| Trade receivables | 40 | €5,814 | €539 | -€5,275 | -90.7% |
| Other amounts receivable | 41 | €11,991 | €14,423 | +€2,433 | +20.3% |
| Cash at bank and in hand | 54/58 | €26,827 | €22,605 | -€4,222 | -15.7% |
| Deferred charges and accrued income | 490/1 | €604 | €3,331 | +€2,727 | +452% |
| Total equity and liabilities | 10/49 | €70,023 | €53,351 | -€16,672 | -23.8% |
| Equity | 10/15 | €64,571 | €52,208 | -€12,363 | -19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €45,971 | €43,466 | -€2,505 | -5.4% |
| Distributable reserves | 133 | €45,971 | €43,466 | -€2,505 | -5.4% |
| Profit (loss) carried forward | 14 | - | -€9,858 | -€9,858 | |
| Amounts payable | 17/49 | €5,452 | €1,143 | -€4,309 | -79.0% |
| Amounts payable within one year | 42/48 | €4,655 | €1,087 | -€3,567 | -76.6% |
| Trade debts | 44 | €1,173 | €1,087 | -€86 | -7.3% |
| Suppliers | 440/4 | €1,173 | €1,087 | -€86 | -7.3% |
| Taxes, remuneration and social security | 45 | €2,731 | - | -€2,731 | |
| Remuneration and social security | 454/9 | €2,731 | - | -€2,731 | |
| Other amounts payable | 47/48 | €750 | - | -€750 | |
| Accrued charges and deferred income | 492/3 | €798 | €55 | -€742 | -93.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,928 | €12,334 | -€594 | -4.6% |
| Other operating charges | 640/8 | €848 | €757 | -€91 | -10.7% |
| Gross operating margin | 9900 | €34,720 | €740 | -€33,980 | -97.9% |
| Operating profit (loss) | 9901 | €20,943 | -€12,352 | -€33,295 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €43 | €11 | -€32 | -75.0% |
| Recurring financial charges | 65 | €43 | €11 | -€32 | -75.0% |
| Profit (loss) for the period before taxes | 9903 | €20,901 | -€12,363 | -€33,263 | |
| Income taxes | 67/77 | €4,731 | - | -€4,731 | |
| Profit (loss) for the period | 9904 | €16,169 | -€12,363 | -€28,532 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,169 | -€12,363 | -€28,532 |
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.