GITEC CONSULTANCY: 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.
GITEC CONSULTANCY
Largest movements
- Cash +€43,494
up €43,494 (+26.3%), from €165,564 to €209,058
mainly Net result for the year (+€28,991) and Receivables within one year (+€13,214)
- Receivables within one year -€13,214
down €13,214 (-69.2%), from €19,089 to €5,875
of which Trade receivables: -€11,600
- Reserves +€28,991
up €28,991 (+19.0%), from €152,648 to €181,638
- Gross operating margin +€9,363
up €9,363 (+27.7%), from €33,848 to €43,210
- Taxes +€2,607
up €2,607 (+29.1%), from €8,946 to €11,553
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 | €187,118 | €217,170 | +€30,052 | +16.1% |
| Fixed assets | 21/28 | €1,181 | €891 | -€290 | -24.6% |
| Tangible fixed assets | 22/27 | €1,181 | €891 | -€290 | -24.6% |
| Furniture and vehicles | 24 | €1,181 | €891 | -€290 | -24.6% |
| Current assets | 29/58 | €185,938 | €216,280 | +€30,342 | +16.3% |
| Amounts receivable within one year | 40/41 | €19,089 | €5,875 | -€13,214 | -69.2% |
| Trade receivables | 40 | €16,400 | €4,800 | -€11,600 | -70.7% |
| Other amounts receivable | 41 | €2,689 | €1,075 | -€1,614 | -60.0% |
| Cash at bank and in hand | 54/58 | €165,564 | €209,058 | +€43,494 | +26.3% |
| Deferred charges and accrued income | 490/1 | €1,285 | €1,347 | +€62 | +4.8% |
| Total equity and liabilities | 10/49 | €187,118 | €217,170 | +€30,052 | +16.1% |
| Equity | 10/15 | €171,248 | €200,238 | +€28,991 | +16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €152,648 | €181,638 | +€28,991 | +19.0% |
| Distributable reserves | 133 | €152,648 | €181,638 | +€28,991 | +19.0% |
| Amounts payable | 17/49 | €15,871 | €16,932 | +€1,061 | +6.7% |
| Amounts payable within one year | 42/48 | €14,670 | €15,695 | +€1,024 | +7.0% |
| Trade debts | 44 | €658 | €447 | -€211 | -32.1% |
| Suppliers | 440/4 | €658 | €447 | -€211 | -32.1% |
| Taxes, remuneration and social security | 45 | €3,225 | €3,899 | +€675 | +20.9% |
| Taxes | 450/3 | €3,225 | €3,899 | +€675 | +20.9% |
| Other amounts payable | 47/48 | €10,787 | €11,349 | +€561 | +5.2% |
| Accrued charges and deferred income | 492/3 | €1,201 | €1,238 | +€37 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €269 | €290 | +€21 | +7.6% |
| Other operating charges | 640/8 | €1,408 | €1,361 | -€47 | -3.4% |
| Gross operating margin | 9900 | €33,848 | €43,210 | +€9,363 | +27.7% |
| Operating profit (loss) | 9901 | €32,170 | €41,560 | +€9,390 | +29.2% |
| Financial charges | 65/66B | €978 | €1,016 | +€38 | +3.9% |
| Recurring financial charges | 65 | €978 | €1,016 | +€38 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €31,191 | €40,543 | +€9,352 | +30.0% |
| Income taxes | 67/77 | €8,946 | €11,553 | +€2,607 | +29.1% |
| Profit (loss) for the period | 9904 | €22,245 | €28,991 | +€6,745 | +30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,245 | €28,991 | +€6,745 | +30.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.