GT@ch: 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.
GT@ch
Largest movements
- Receivables within one year -€6,145
down €6,145 (-15.5%), from €39,523 to €33,378
- Tangible fixed assets -€2,000
down €2,000 (-9.2%), from €21,785 to €19,785
- Profit (loss) carried forward -€4,515
down €4,515 (-50.4%), from €8,956 to €4,440
- Tax, wage and social debts -€3,832
no longer reported in 2025 (was €3,832)
- Gross operating margin +€6,332
up €6,332 (+69.3%), from -€9,144 to -€2,812
- Financial income -€299
down €299 (-28.9%), from €1,035 to €736
- Other operating charges +€139
up €139 (+184.2%), from €75 to €214
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,433 | €53,163 | -€8,269 | -13.5% |
| Fixed assets | 21/28 | €21,785 | €19,785 | -€2,000 | -9.2% |
| Tangible fixed assets | 22/27 | €21,785 | €19,785 | -€2,000 | -9.2% |
| Plant, machinery and equipment | 23 | €21,785 | €19,785 | -€2,000 | -9.2% |
| Current assets | 29/58 | €39,648 | €33,378 | -€6,269 | -15.8% |
| Amounts receivable within one year | 40/41 | €39,523 | €33,378 | -€6,145 | -15.5% |
| Other amounts receivable | 41 | €39,523 | €33,378 | -€6,145 | -15.5% |
| Deferred charges and accrued income | 490/1 | €125 | - | -€125 | |
| Total equity and liabilities | 10/49 | €61,433 | €53,163 | -€8,269 | -13.5% |
| Equity | 10/15 | €35,553 | €31,038 | -€4,515 | -12.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,397 | €20,397 | = | 0.0% |
| Non-distributable reserves | 130/1 | €813 | €813 | = | 0.0% |
| Reserves not available under the articles | 1311 | €813 | €813 | = | 0.0% |
| Distributable reserves | 133 | €19,585 | €19,585 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,956 | €4,440 | -€4,515 | -50.4% |
| Amounts payable | 17/49 | €25,880 | €22,125 | -€3,754 | -14.5% |
| Amounts payable within one year | 42/48 | €25,880 | €22,125 | -€3,754 | -14.5% |
| Financial debts | 43 | €22,048 | €22,125 | +€78 | +0.4% |
| Other loans | 439 | €22,048 | €22,125 | +€78 | +0.4% |
| Trade debts | 44 | €0 | - | -€0 | |
| Suppliers | 440/4 | €0 | - | -€0 | |
| Taxes, remuneration and social security | 45 | €3,832 | - | -€3,832 | |
| Taxes | 450/3 | €3,832 | - | -€3,832 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,045 | €2,000 | -€45 | -2.2% |
| Other operating charges | 640/8 | €75 | €214 | +€139 | +184.2% |
| Gross operating margin | 9900 | -€9,144 | -€2,812 | +€6,332 | +69.3% |
| Operating profit (loss) | 9901 | -€11,264 | -€5,025 | +€6,239 | +55.4% |
| Financial income | 75/76B | €1,035 | €736 | -€299 | -28.9% |
| Recurring financial income | 75 | €1,035 | €736 | -€299 | -28.9% |
| Financial charges | 65/66B | €259 | €226 | -€33 | -12.7% |
| Recurring financial charges | 65 | €259 | €226 | -€33 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,488 | -€4,515 | +€5,973 | +57.0% |
| Profit (loss) for the period | 9904 | -€10,488 | -€4,515 | +€5,973 | +57.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,488 | -€4,515 | +€5,973 | +57.0% |
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 3 October 2026 via checked.be.