GS - TECHNOLOGIES: 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.
GS - TECHNOLOGIES
Largest movements
- Cash -€10,569
down €10,569 (-30.8%), from €34,343 to €23,774
mainly Other debts (-€12,112) and Net result for the year (-€9,643)
- Tangible fixed assets -€6,993
down €6,993 (-21.0%), from €33,316 to €26,323
of which Furniture and vehicles: -€6,466
- Receivables within one year -€5,122
down €5,122 (-32.0%), from €16,000 to €10,879
of which Trade receivables: -€4,235
- Other debts -€12,112
down €12,112 (-22.7%), from €53,391 to €41,278
- Profit (loss) carried forward -€9,643
down €9,643 (-29.7%), from -€32,463 to -€42,107
- Gross operating margin -€10,083
down €10,083, from €9,096 to -€987
- Other operating charges -€393
down €393 (-21.7%), from €1,813 to €1,421
- Financial charges +€120
up €120, from -€97 to €23
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.
Derived cash bridge
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 | €105,261 | €82,864 | -€22,397 | -21.3% |
| Fixed assets | 21/28 | €33,316 | €26,323 | -€6,993 | -21.0% |
| Tangible fixed assets | 22/27 | €33,316 | €26,323 | -€6,993 | -21.0% |
| Furniture and vehicles | 24 | €24,676 | €18,210 | -€6,466 | -26.2% |
| Other tangible fixed assets | 26 | €8,641 | €8,113 | -€527 | -6.1% |
| Current assets | 29/58 | €71,945 | €56,541 | -€15,404 | -21.4% |
| Stocks and contracts in progress | 3 | €1,175 | €1,175 | = | 0.0% |
| Stocks | 30/36 | €1,175 | €1,175 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,000 | €10,879 | -€5,122 | -32.0% |
| Trade receivables | 40 | €13,313 | €9,078 | -€4,235 | -31.8% |
| Other amounts receivable | 41 | €2,688 | €1,801 | -€887 | -33.0% |
| Current investments | 50/53 | €19,160 | €19,385 | +€225 | +1.2% |
| Cash at bank and in hand | 54/58 | €34,343 | €23,774 | -€10,569 | -30.8% |
| Deferred charges and accrued income | 490/1 | €1,268 | €1,329 | +€61 | +4.8% |
| Total equity and liabilities | 10/49 | €105,261 | €82,864 | -€22,397 | -21.3% |
| Equity | 10/15 | €50,489 | €40,846 | -€9,643 | -19.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €64,360 | €64,360 | = | 0.0% |
| Distributable reserves | 133 | €64,360 | €64,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,463 | -€42,107 | -€9,643 | -29.7% |
| Amounts payable | 17/49 | €54,772 | €42,019 | -€12,753 | -23.3% |
| Amounts payable within one year | 42/48 | €54,772 | €42,019 | -€12,753 | -23.3% |
| Trade debts | 44 | €560 | €439 | -€121 | -21.6% |
| Suppliers | 440/4 | €560 | €439 | -€121 | -21.6% |
| Taxes, remuneration and social security | 45 | €822 | €302 | -€520 | -63.3% |
| Taxes | 450/3 | €822 | €302 | -€520 | -63.3% |
| Other amounts payable | 47/48 | €53,391 | €41,278 | -€12,112 | -22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,993 | €6,993 | = | 0.0% |
| Other operating charges | 640/8 | €1,813 | €1,421 | -€393 | -21.7% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €9,096 | -€987 | -€10,083 | |
| Operating profit (loss) | 9901 | €289 | -€9,464 | -€9,753 | |
| Financial income | 75/76B | €428 | €369 | -€59 | -13.8% |
| Recurring financial income | 75 | €428 | €369 | -€59 | -13.8% |
| Financial charges | 65/66B | -€97 | €23 | +€120 | |
| Recurring financial charges | 65 | -€97 | €23 | +€120 | |
| Profit (loss) for the period before taxes | 9903 | €814 | -€9,118 | -€9,932 | |
| Income taxes | 67/77 | €440 | €526 | +€85 | +19.4% |
| Profit (loss) for the period | 9904 | €374 | -€9,643 | -€10,017 | |
| Profit (loss) for the period to be appropriated | 9905 | €374 | -€9,643 | -€10,017 |
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 1 November 2026 via checked.be.