GIES 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.
GIES TECHNICS
Largest movements
- Receivables within one year -€22,308
down €22,308 (-82.7%), from €26,985 to €4,677
of which Trade receivables: -€19,108
- Cash +€4,601
up €4,601 (+70.3%), from €6,549 to €11,150
mainly Receivables within one year (+€22,308) and Trade debts (+€14,509)
- Deferred charges and accrued income -€3,337
down €3,337 (-33.1%), from €10,093 to €6,756
- Tangible fixed assets +€1,343
up €1,343 (+14.6%), from €9,214 to €10,557
of which Furniture and vehicles: +€1,318
- Profit (loss) carried forward -€37,432
down €37,432, from €16,859 to -€20,573
- Trade debts +€14,509
up €14,509 (+56.2%), from €25,837 to €40,347
- Other debts +€3,219
up €3,219 (+143.3%), from €2,247 to €5,466
- Gross operating margin -€56,278
down €56,278, from €23,916 to -€32,363
- Taxes -€4,897
no longer reported in 2025 (was €4,897)
- Financial charges +€2,200
up €2,200 (+778.1%), from €283 to €2,483
- Depreciation +€1,363
up €1,363 (+155.5%), from €877 to €2,240
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 | €52,841 | €33,140 | -€19,700 | -37.3% |
| Fixed assets | 21/28 | €9,214 | €10,557 | +€1,343 | +14.6% |
| Tangible fixed assets | 22/27 | €9,214 | €10,557 | +€1,343 | +14.6% |
| Land and buildings | 22 | €6,245 | €5,570 | -€676 | -10.8% |
| Plant, machinery and equipment | 23 | €2,969 | €3,669 | +€700 | +23.6% |
| Furniture and vehicles | 24 | - | €1,318 | +€1,318 | |
| Current assets | 29/58 | €43,626 | €22,583 | -€21,043 | -48.2% |
| Amounts receivable within one year | 40/41 | €26,985 | €4,677 | -€22,308 | -82.7% |
| Trade receivables | 40 | €19,663 | €555 | -€19,108 | -97.2% |
| Other amounts receivable | 41 | €7,322 | €4,122 | -€3,200 | -43.7% |
| Cash at bank and in hand | 54/58 | €6,549 | €11,150 | +€4,601 | +70.3% |
| Deferred charges and accrued income | 490/1 | €10,093 | €6,756 | -€3,337 | -33.1% |
| Total equity and liabilities | 10/49 | €52,841 | €33,140 | -€19,700 | -37.3% |
| Equity | 10/15 | €19,859 | -€17,573 | -€37,432 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,859 | -€20,573 | -€37,432 | |
| Amounts payable | 17/49 | €32,982 | €50,713 | +€17,732 | +53.8% |
| Amounts payable within one year | 42/48 | €32,982 | €50,713 | +€17,732 | +53.8% |
| Trade debts | 44 | €25,837 | €40,347 | +€14,509 | +56.2% |
| Suppliers | 440/4 | €25,837 | €40,347 | +€14,509 | +56.2% |
| Taxes, remuneration and social security | 45 | €4,897 | €4,900 | +€3 | +0.1% |
| Taxes | 450/3 | €4,897 | €4,900 | +€3 | +0.1% |
| Other amounts payable | 47/48 | €2,247 | €5,466 | +€3,219 | +143.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €877 | €2,240 | +€1,363 | +155.5% |
| Other operating charges | 640/8 | €383 | €364 | -€19 | -4.9% |
| Gross operating margin | 9900 | €23,916 | -€32,363 | -€56,278 | |
| Operating profit (loss) | 9901 | €22,656 | -€34,967 | -€57,623 | |
| Financial income | 75/76B | €183 | €18 | -€165 | -90.2% |
| Recurring financial income | 75 | €183 | €18 | -€165 | -90.2% |
| Financial charges | 65/66B | €283 | €2,483 | +€2,200 | +778.1% |
| Recurring financial charges | 65 | €283 | €2,483 | +€2,200 | +778.1% |
| Profit (loss) for the period before taxes | 9903 | €22,556 | -€37,432 | -€59,988 | |
| Income taxes | 67/77 | €4,897 | - | -€4,897 | |
| Profit (loss) for the period | 9904 | €17,659 | -€37,432 | -€55,091 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,659 | -€37,432 | -€55,091 |
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 9 October 2026 via checked.be.