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GP-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.

What changed

GP-Technics

BE 0447.296.692
NACE 43.211, General electrical installation work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€392
2024 · €13,378-€12,986
Equity
€96,806
2024 · €96,514+€292
Cash
€31,704
2024 · €48,757-€17,052
Balance sheet total
€99,922
2024 · €109,265-€9,342

Largest movements

2024 to 2025
Assets
  • Cash -€17,052

    down €17,052 (-35.0%), from €48,757 to €31,704

    mainly Receivables within one year (-€12,404) and Tax, wage and social debts (-€9,087)

  • Receivables within one year +€12,404

    up €12,404 (+23.0%), from €53,921 to €66,325

    of which Other amounts receivable: +€11,472

  • Tangible fixed assets -€3,266

    down €3,266 (-76.0%), from €4,299 to €1,032

    of which Furniture and vehicles: -€2,759

  • Stocks and contracts -€1,416

    no longer reported in 2025 (was €1,416)

Equity and liabilities
  • Tax, wage and social debts -€9,087

    down €9,087 (-81.3%), from €11,176 to €2,089

Income statement
  • Gross operating margin -€18,714

    down €18,714 (-64.1%), from €29,181 to €10,467

  • Taxes -€7,027

    down €7,027 (-86.5%), from €8,123 to €1,096

  • Financial income -€1,206

    down €1,206 (-27.8%), from €4,335 to €3,129

  • Other operating charges +€1,038

    up €1,038 (+87.9%), from €1,181 to €2,219

  • Depreciation -€981

    down €981 (-23.1%), from €4,248 to €3,266

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €13,378
Gross operating margin -€18,714
Staff costs -€53
Depreciation +€981
Other operating charges -€1,038
Financial income -€1,206
Financial charges +€15
Taxes +€7,027
Result 2025 €392

Cash bridge derived

cash 2024 to 2025

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.

From operations -€16,952
Investment €0
Financing -€100
Cash 2024 €48,757
Net result for the year +€392
Depreciation +€3,266
Stocks and contracts +€1,416
Receivables within one year -€12,404
Deferred charges and accrued income +€12
Trade debts -€647
Tax, wage and social debts -€9,087
Other debts +€100
Contributions, distributions and other -€100
Cash 2025 €31,704
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €109,265 €99,922 -€9,342 -8.6%
Fixed assets 21/28 €4,299 €1,032 -€3,266 -76.0%
Tangible fixed assets 22/27 €4,299 €1,032 -€3,266 -76.0%
Plant, machinery and equipment 23 €770 €264 -€507 -65.8%
Furniture and vehicles 24 €3,528 €769 -€2,759 -78.2%
Current assets 29/58 €104,966 €98,890 -€6,076 -5.8%
Stocks and contracts in progress 3 €1,416 - -€1,416
Stocks 30/36 €1,416 - -€1,416
Amounts receivable within one year 40/41 €53,921 €66,325 +€12,404 +23.0%
Trade receivables 40 - €933 +€933
Other amounts receivable 41 €53,921 €65,393 +€11,472 +21.3%
Cash at bank and in hand 54/58 €48,757 €31,704 -€17,052 -35.0%
Deferred charges and accrued income 490/1 €873 €861 -€12 -1.4%
Total equity and liabilities 10/49 €109,265 €99,922 -€9,342 -8.6%
Equity 10/15 €96,514 €96,806 +€292 +0.3%
Contributions 10/11 €18,592 €18,592 = 0.0%
Outside capital 11 €18,592 €18,592 = 0.0%
Other 1109/19 €18,592 €18,592 = 0.0%
Reserves 13 €77,922 €78,214 +€292 +0.4%
Distributable reserves 133 €77,922 €78,214 +€292 +0.4%
Amounts payable 17/49 €12,751 €3,116 -€9,635 -75.6%
Amounts payable within one year 42/48 €12,751 €3,116 -€9,635 -75.6%
Trade debts 44 €1,575 €927 -€647 -41.1%
Suppliers 440/4 €1,575 €927 -€647 -41.1%
Taxes, remuneration and social security 45 €11,176 €2,089 -€9,087 -81.3%
Taxes 450/3 €11,176 €2,089 -€9,087 -81.3%
Other amounts payable 47/48 - €100 +€100
Remuneration, social security and pensions 62 €6,482 €6,535 +€53 +0.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,248 €3,266 -€981 -23.1%
Other operating charges 640/8 €1,181 €2,219 +€1,038 +87.9%
Gross operating margin 9900 €29,181 €10,467 -€18,714 -64.1%
Operating profit (loss) 9901 €17,270 -€1,553 -€18,823
Financial income 75/76B €4,335 €3,129 -€1,206 -27.8%
Recurring financial income 75 €4,335 €3,129 -€1,206 -27.8%
Financial charges 65/66B €103 €88 -€15 -14.9%
Recurring financial charges 65 €103 €88 -€15 -14.9%
Profit (loss) for the period before taxes 9903 €21,502 €1,488 -€20,013 -93.1%
Income taxes 67/77 €8,123 €1,096 -€7,027 -86.5%
Profit (loss) for the period 9904 €13,378 €392 -€12,986 -97.1%
Profit (loss) for the period to be appropriated 9905 €13,378 €392 -€12,986 -97.1%

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 30 September 2026 via checked.be.