GIGATEK: 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.
GIGATEK
Largest movements
- Receivables within one year +€152,266
up €152,266 (+20.1%), from €757,202 to €909,468
of which Other amounts receivable: +€152,266
- Cash +€53,521
up €53,521 (+75.3%), from €71,056 to €124,578
mainly Trade debts (+€256,539)
- Trade debts +€256,539
up €256,539 (+36.5%), from €703,333 to €959,872
- Tax, wage and social debts -€30,325
down €30,325 (-100%), from €30,325 to €0
- Reserves -€11,035
down €11,035 (-16.3%), from €67,864 to €56,829
of which Distributable reserves: -€11,035
- Financial charges +€36,614
up €36,614 (+34,041%), from €108 to €36,722
- Gross operating margin +€2,116
up €2,116 (+14.3%), from €14,813 to €16,929
- Other operating charges -€500
down €500 (-44.1%), from €1,133 to €633
- Taxes -€247
down €247 (-100%), from €247 to €0
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 | €828,258 | €1,034,045 | +€205,787 | +24.8% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €828,258 | €1,034,045 | +€205,787 | +24.8% |
| Amounts receivable within one year | 40/41 | €757,202 | €909,468 | +€152,266 | +20.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €757,202 | €909,468 | +€152,266 | +20.1% |
| Cash at bank and in hand | 54/58 | €71,056 | €124,578 | +€53,521 | +75.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €828,258 | €1,034,045 | +€205,787 | +24.8% |
| Equity | 10/15 | €94,600 | €74,173 | -€20,427 | -21.6% |
| Contributions | 10/11 | €22,310 | €22,310 | = | 0.0% |
| Reserves | 13 | €67,864 | €56,829 | -€11,035 | -16.3% |
| Non-distributable reserves | 130/1 | €2,231 | €2,231 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,231 | €2,231 | = | 0.0% |
| Distributable reserves | 133 | €65,633 | €54,598 | -€11,035 | -16.8% |
| Profit (loss) carried forward | 14 | €4,425 | -€4,966 | -€9,391 | |
| Amounts payable | 17/49 | €733,659 | €959,872 | +€226,213 | +30.8% |
| Amounts payable within one year | 42/48 | €733,659 | €959,872 | +€226,213 | +30.8% |
| Trade debts | 44 | €703,333 | €959,872 | +€256,539 | +36.5% |
| Suppliers | 440/4 | €703,333 | €959,872 | +€256,539 | +36.5% |
| Taxes, remuneration and social security | 45 | €30,325 | €0 | -€30,325 | -100% |
| Taxes | 450/3 | €30,325 | €0 | -€30,325 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,133 | €633 | -€500 | -44.1% |
| Non-recurring operating charges | 66A | €2,289 | €0 | -€2,289 | -100% |
| Gross operating margin | 9900 | €14,813 | €16,929 | +€2,116 | +14.3% |
| Operating profit (loss) | 9901 | €11,390 | €16,295 | +€4,905 | +43.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €108 | €36,722 | +€36,614 | +34,041% |
| Recurring financial charges | 65 | €108 | €36,722 | +€36,614 | +34,041% |
| Profit (loss) for the period before taxes | 9903 | €11,283 | -€20,427 | -€31,709 | |
| Income taxes | 67/77 | €247 | €0 | -€247 | -100% |
| Profit (loss) for the period | 9904 | €11,035 | -€20,427 | -€31,462 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,035 | -€20,427 | -€31,462 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.