GOVERS TECHNICS: 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.
GOVERS TECHNICS
Largest movements
- Receivables within one year -€15,525
down €15,525 (-29.8%), from €52,125 to €36,600
of which Other amounts receivable: -€11,016
- Cash +€12,981
up €12,981 (+79.9%), from €16,244 to €29,225
mainly Receivables within one year (+€15,525) and Net result for the year (+€9,370)
- Deferred charges and accrued income -€2,672
down €2,672 (-61.3%), from €4,362 to €1,690
- Tangible fixed assets -€2,049
down €2,049 (-22.8%), from €8,983 to €6,934
of which Furniture and vehicles: -€1,041
- Trade debts -€22,282
down €22,282 (-85.5%), from €26,069 to €3,787
- Reserves +€9,370
up €9,370 (+27.3%), from €34,382 to €43,752
- Tax, wage and social debts +€5,646
up €5,646 (+29.4%), from €19,191 to €24,837
of which Remuneration and social security: +€7,462
- Staff costs +€35,361
up €35,361 (+62.5%), from €56,622 to €91,984
- Gross operating margin +€30,352
up €30,352 (+38.7%), from €78,475 to €108,828
- Other operating charges -€1,729
down €1,729 (-50.9%), from €3,400 to €1,670
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 | €81,842 | €74,576 | -€7,266 | -8.9% |
| Fixed assets | 21/28 | €9,111 | €7,062 | -€2,049 | -22.5% |
| Tangible fixed assets | 22/27 | €8,983 | €6,934 | -€2,049 | -22.8% |
| Plant, machinery and equipment | 23 | €4,536 | €3,527 | -€1,009 | -22.2% |
| Furniture and vehicles | 24 | €4,447 | €3,407 | -€1,041 | -23.4% |
| Financial fixed assets | 28 | €128 | €128 | = | 0.0% |
| Current assets | 29/58 | €72,731 | €67,515 | -€5,216 | -7.2% |
| Amounts receivable within one year | 40/41 | €52,125 | €36,600 | -€15,525 | -29.8% |
| Trade receivables | 40 | €35,908 | €31,399 | -€4,509 | -12.6% |
| Other amounts receivable | 41 | €16,217 | €5,201 | -€11,016 | -67.9% |
| Cash at bank and in hand | 54/58 | €16,244 | €29,225 | +€12,981 | +79.9% |
| Deferred charges and accrued income | 490/1 | €4,362 | €1,690 | -€2,672 | -61.3% |
| Total equity and liabilities | 10/49 | €81,842 | €74,576 | -€7,266 | -8.9% |
| Equity | 10/15 | €36,382 | €45,752 | +€9,370 | +25.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €34,382 | €43,752 | +€9,370 | +27.3% |
| Distributable reserves | 133 | €34,382 | €43,752 | +€9,370 | +27.3% |
| Amounts payable | 17/49 | €45,460 | €28,824 | -€16,636 | -36.6% |
| Amounts payable within one year | 42/48 | €45,260 | €28,624 | -€16,636 | -36.8% |
| Trade debts | 44 | €26,069 | €3,787 | -€22,282 | -85.5% |
| Suppliers | 440/4 | €26,069 | €3,787 | -€22,282 | -85.5% |
| Taxes, remuneration and social security | 45 | €19,191 | €24,837 | +€5,646 | +29.4% |
| Taxes | 450/3 | €5,767 | €3,952 | -€1,816 | -31.5% |
| Remuneration and social security | 454/9 | €13,424 | €20,886 | +€7,462 | +55.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €200 | €200 | = | 0.0% |
| Non-recurring operating income | 76A | - | €6,862 | +€6,862 | |
| Remuneration, social security and pensions | 62 | €56,622 | €91,984 | +€35,361 | +62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,264 | €2,049 | +€785 | +62.1% |
| Other operating charges | 640/8 | €3,400 | €1,670 | -€1,729 | -50.9% |
| Non-recurring operating charges | 66A | €1,000 | - | -€1,000 | |
| Gross operating margin | 9900 | €78,475 | €108,828 | +€30,352 | +38.7% |
| Operating profit (loss) | 9901 | €16,189 | €13,124 | -€3,065 | -18.9% |
| Financial income | 75/76B | €586 | €1,109 | +€522 | +89.1% |
| Recurring financial income | 75 | €586 | €1,109 | +€522 | +89.1% |
| Financial charges | 65/66B | €1,913 | €1,750 | -€163 | -8.5% |
| Recurring financial charges | 65 | €1,913 | €1,750 | -€163 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €14,862 | €12,483 | -€2,379 | -16.0% |
| Income taxes | 67/77 | €3,786 | €3,113 | -€673 | -17.8% |
| Profit (loss) for the period | 9904 | €11,076 | €9,370 | -€1,706 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,076 | €9,370 | -€1,706 | -15.4% |
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.