GS - TECHNOLOGY: 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 - TECHNOLOGY
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves -€226,398
down €226,398 (-52.7%), from €429,985 to €203,587
of which Distributable reserves: -€224,538
- Other debts +€218,079
up €218,079 (+74,810%), from €292 to €218,371
- Tax, wage and social debts +€10,961
up €10,961 (+1,198%), from €915 to €11,875
- Gross operating margin -€260
down €260 (-20.0%), from €1,300 to €1,040
- Financial charges +€234
up €234 (+156%), from €150 to €384
- Taxes -€123
down €123 (-20.1%), from €613 to €490
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 | €438,219 | €441,826 | +€3,607 | +0.8% |
| Fixed assets | 21/28 | €239,699 | €239,699 | = | 0.0% |
| Financial fixed assets | 28 | €239,699 | €239,699 | = | 0.0% |
| Current assets | 29/58 | €198,520 | €202,127 | +€3,607 | +1.8% |
| Amounts receivable after more than one year | 29 | €165,000 | €165,000 | = | 0.0% |
| Other amounts receivable | 291 | €165,000 | €165,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,144 | €36,557 | +€4,413 | +13.7% |
| Trade receivables | 40 | - | €3,000 | +€3,000 | |
| Other amounts receivable | 41 | €32,144 | €33,557 | +€1,413 | +4.4% |
| Cash at bank and in hand | 54/58 | €1,376 | €570 | -€806 | -58.6% |
| Total equity and liabilities | 10/49 | €438,219 | €441,826 | +€3,607 | +0.8% |
| Equity | 10/15 | €436,185 | €209,787 | -€226,398 | -51.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €429,985 | €203,587 | -€226,398 | -52.7% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €428,125 | €203,587 | -€224,538 | -52.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,034 | €232,039 | +€230,005 | +11,307% |
| Amounts payable within one year | 42/48 | €1,284 | €231,289 | +€230,005 | +17,910% |
| Trade debts | 44 | €78 | €1,043 | +€965 | +1,237% |
| Suppliers | 440/4 | €78 | €1,043 | +€965 | +1,237% |
| Taxes, remuneration and social security | 45 | €915 | €11,875 | +€10,961 | +1,198% |
| Taxes | 450/3 | €915 | €11,875 | +€10,961 | +1,198% |
| Other amounts payable | 47/48 | €292 | €218,371 | +€218,079 | +74,810% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Other operating charges | 640/8 | €502 | €507 | +€5 | +1.0% |
| Gross operating margin | 9900 | €1,300 | €1,040 | -€260 | -20.0% |
| Operating profit (loss) | 9901 | €798 | €533 | -€265 | -33.2% |
| Financial income | 75/76B | €1,650 | €1,650 | = | 0.0% |
| Recurring financial income | 75 | €1,650 | €1,650 | = | 0.0% |
| Financial charges | 65/66B | €150 | €384 | +€234 | +156% |
| Recurring financial charges | 65 | €150 | €384 | +€234 | +156% |
| Profit (loss) for the period before taxes | 9903 | €2,298 | €1,798 | -€500 | -21.7% |
| Income taxes | 67/77 | €613 | €490 | -€123 | -20.1% |
| Profit (loss) for the period | 9904 | €1,685 | €1,308 | -€376 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,685 | €1,308 | -€376 | -22.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.