GM Technic: 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.
GM Technic
Largest movements
- Cash +€13,855
up €13,855 (+18.6%), from €74,534 to €88,389
mainly Net result for the year (+€21,769) and Tax, wage and social debts (+€1,292)
- Receivables within one year +€7,881
up €7,881 (+217.1%), from €3,630 to €11,511
- Deferred charges and accrued income +€1,453
up €1,453 (+2867.0%), from €51 to €1,504
- Tangible fixed assets +€1,198
up €1,198 (+163.8%), from €732 to €1,929
of which Plant, machinery and equipment: +€1,507
- Profit (loss) carried forward +€21,769
up €21,769 (+42.0%), from €51,789 to €73,559
- Tax, wage and social debts +€1,292
up €1,292 (+77.8%), from €1,660 to €2,952
- Other debts +€1,083
up €1,083 (+9.1%), from €11,876 to €12,960
- Gross operating margin +€16,237
up €16,237 (+250.1%), from €6,492 to €22,729
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 | €80,853 | €105,240 | +€24,387 | +30.2% |
| Fixed assets | 21/28 | €762 | €1,959 | +€1,198 | +157.3% |
| Tangible fixed assets | 22/27 | €732 | €1,929 | +€1,198 | +163.8% |
| Plant, machinery and equipment | 23 | - | €1,507 | +€1,507 | |
| Furniture and vehicles | 24 | €401 | €191 | -€210 | -52.3% |
| Other tangible fixed assets | 26 | €330 | €231 | -€99 | -30.0% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €80,091 | €103,281 | +€23,190 | +29.0% |
| Stocks and contracts in progress | 3 | €1,877 | €1,877 | = | 0.0% |
| Stocks | 30/36 | €1,877 | €1,877 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,630 | €11,511 | +€7,881 | +217.1% |
| Trade receivables | 40 | €3,630 | €11,511 | +€7,881 | +217.1% |
| Cash at bank and in hand | 54/58 | €74,534 | €88,389 | +€13,855 | +18.6% |
| Deferred charges and accrued income | 490/1 | €51 | €1,504 | +€1,453 | +2867.0% |
| Total equity and liabilities | 10/49 | €80,853 | €105,240 | +€24,387 | +30.2% |
| Equity | 10/15 | €66,049 | €87,819 | +€21,769 | +33.0% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,789 | €73,559 | +€21,769 | +42.0% |
| Amounts payable | 17/49 | €14,803 | €17,422 | +€2,618 | +17.7% |
| Amounts payable within one year | 42/48 | €14,803 | €17,422 | +€2,618 | +17.7% |
| Trade debts | 44 | €1,267 | €1,510 | +€243 | +19.1% |
| Suppliers | 440/4 | €1,267 | €1,510 | +€243 | +19.1% |
| Taxes, remuneration and social security | 45 | €1,660 | €2,952 | +€1,292 | +77.8% |
| Taxes | 450/3 | €1,660 | €2,952 | +€1,292 | +77.8% |
| Other amounts payable | 47/48 | €11,876 | €12,960 | +€1,083 | +9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €309 | €507 | +€198 | +64.2% |
| Gross operating margin | 9900 | €6,492 | €22,729 | +€16,237 | +250.1% |
| Operating profit (loss) | 9901 | €6,183 | €22,222 | +€16,039 | +259.4% |
| Financial charges | 65/66B | €158 | €346 | +€189 | +119.9% |
| Recurring financial charges | 65 | €158 | €346 | +€189 | +119.9% |
| Profit (loss) for the period before taxes | 9903 | €6,026 | €21,876 | +€15,850 | +263.1% |
| Income taxes | 67/77 | - | €106 | +€106 | |
| Profit (loss) for the period | 9904 | €6,026 | €21,769 | +€15,744 | +261.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,026 | €21,769 | +€15,744 | +261.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.