GN-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.
GN-TECHNICS
Largest movements
- Cash +€28,398
up €28,398 (+21.1%), from €134,342 to €162,740
mainly Net result for the year (+€43,178) and Other debts (+€20,223)
- Receivables within one year -€16,800
down €16,800 (-36.8%), from €45,627 to €28,826
of which Other amounts receivable: -€28,384
- Other debts +€20,223
up €20,223 (+66.1%), from €30,592 to €50,815
- Reserves -€10,311
down €10,311 (-5.3%), from €192,935 to €182,624
- Gross operating margin +€12,129
up €12,129 (+25.6%), from €47,373 to €59,502
- Taxes +€4,530
up €4,530 (+34.9%), from €12,978 to €17,508
- Financial income +€3,354
up €3,354 (+175.9%), from €1,906 to €5,260
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 | €243,086 | €252,361 | +€9,276 | +3.8% |
| Fixed assets | 21/28 | €8,170 | €5,737 | -€2,432 | -29.8% |
| Tangible fixed assets | 22/27 | €8,170 | €5,737 | -€2,432 | -29.8% |
| Land and buildings | 22 | €5,221 | €3,988 | -€1,234 | -23.6% |
| Furniture and vehicles | 24 | €2,948 | €1,750 | -€1,198 | -40.6% |
| Current assets | 29/58 | €234,916 | €246,624 | +€11,708 | +5.0% |
| Amounts receivable within one year | 40/41 | €45,627 | €28,826 | -€16,800 | -36.8% |
| Trade receivables | 40 | €10,997 | €22,580 | +€11,584 | +105.3% |
| Other amounts receivable | 41 | €34,630 | €6,246 | -€28,384 | -82.0% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €134,342 | €162,740 | +€28,398 | +21.1% |
| Deferred charges and accrued income | 490/1 | €4,948 | €5,058 | +€110 | +2.2% |
| Total equity and liabilities | 10/49 | €243,086 | €252,361 | +€9,276 | +3.8% |
| Equity | 10/15 | €192,935 | €182,624 | -€10,311 | -5.3% |
| Reserves | 13 | €192,935 | €182,624 | -€10,311 | -5.3% |
| Distributable reserves | 133 | €192,935 | €182,624 | -€10,311 | -5.3% |
| Amounts payable | 17/49 | €50,151 | €69,737 | +€19,587 | +39.1% |
| Amounts payable within one year | 42/48 | €50,151 | €69,737 | +€19,587 | +39.1% |
| Trade debts | 44 | €355 | €262 | -€93 | -26.1% |
| Suppliers | 440/4 | €355 | €262 | -€93 | -26.1% |
| Taxes, remuneration and social security | 45 | €19,204 | €18,660 | -€544 | -2.8% |
| Taxes | 450/3 | €19,204 | €18,660 | -€544 | -2.8% |
| Other amounts payable | 47/48 | €30,592 | €50,815 | +€20,223 | +66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,432 | €2,432 | = | 0.0% |
| Other operating charges | 640/8 | €725 | €901 | +€177 | +24.4% |
| Gross operating margin | 9900 | €47,373 | €59,502 | +€12,129 | +25.6% |
| Operating profit (loss) | 9901 | €44,217 | €56,169 | +€11,952 | +27.0% |
| Financial income | 75/76B | €1,906 | €5,260 | +€3,354 | +175.9% |
| Recurring financial income | 75 | €1,906 | €5,260 | +€3,354 | +175.9% |
| Financial charges | 65/66B | €1,278 | €743 | -€535 | -41.9% |
| Recurring financial charges | 65 | €1,278 | €743 | -€535 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | €44,845 | €60,686 | +€15,841 | +35.3% |
| Income taxes | 67/77 | €12,978 | €17,508 | +€4,530 | +34.9% |
| Profit (loss) for the period | 9904 | €31,867 | €43,178 | +€11,311 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,867 | €43,178 | +€11,311 | +35.5% |
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 10 October 2026 via checked.be.