GT Light Concept: 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.
GT Light Concept
Largest movements
- Receivables within one year +€13,464
up €13,464 (+33.5%), from €40,135 to €53,599
of which Other amounts receivable: +€22,334
- Tangible fixed assets -€4,221
down €4,221 (-34.3%), from €12,302 to €8,081
of which Plant, machinery and equipment: -€3,545
- Deferred charges and accrued income -€983
down €983 (-72.3%), from €1,361 to €378
- Profit (loss) carried forward +€4,473
up €4,473, from -€3,645 to €828
- Short-term financial debts +€2,320
up €2,320 (+10.2%), from €22,679 to €24,999
- Tax, wage and social debts +€746
up €746 (+14.0%), from €5,312 to €6,058
of which Remuneration and social security: +€1,364
- Gross operating margin +€2,271
up €2,271 (+6.0%), from €37,872 to €40,143
- Financial charges +€1,886
up €1,886 (+50.4%), from €3,740 to €5,626
- Staff costs +€1,262
up €1,262 (+6.3%), from €20,021 to €21,283
- Taxes -€618
down €618 (-15.0%), from €4,127 to €3,508
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 | €54,298 | €62,060 | +€7,763 | +14.3% |
| Fixed assets | 21/28 | €12,302 | €8,081 | -€4,221 | -34.3% |
| Tangible fixed assets | 22/27 | €12,302 | €8,081 | -€4,221 | -34.3% |
| Plant, machinery and equipment | 23 | €10,051 | €6,506 | -€3,545 | -35.3% |
| Furniture and vehicles | 24 | €2,251 | €1,575 | -€676 | -30.0% |
| Current assets | 29/58 | €41,996 | €53,979 | +€11,983 | +28.5% |
| Stocks and contracts in progress | 3 | €202 | - | -€202 | |
| Stocks | 30/36 | €202 | - | -€202 | |
| Amounts receivable within one year | 40/41 | €40,135 | €53,599 | +€13,464 | +33.5% |
| Trade receivables | 40 | €34,890 | €26,021 | -€8,869 | -25.4% |
| Other amounts receivable | 41 | €5,244 | €27,578 | +€22,334 | +426% |
| Cash at bank and in hand | 54/58 | €298 | €2 | -€296 | -99.3% |
| Deferred charges and accrued income | 490/1 | €1,361 | €378 | -€983 | -72.3% |
| Total equity and liabilities | 10/49 | €54,298 | €62,060 | +€7,763 | +14.3% |
| Equity | 10/15 | €14,178 | €18,651 | +€4,473 | +31.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,623 | €11,623 | = | 0.0% |
| Distributable reserves | 133 | €11,623 | €11,623 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,645 | €828 | +€4,473 | |
| Amounts payable | 17/49 | €40,120 | €43,409 | +€3,290 | +8.2% |
| Amounts payable within one year | 42/48 | €40,120 | €43,409 | +€3,290 | +8.2% |
| Financial debts | 43 | €22,679 | €24,999 | +€2,320 | +10.2% |
| Credit institutions | 430/8 | €22,679 | €24,999 | +€2,320 | +10.2% |
| Trade debts | 44 | €7,777 | €8,000 | +€224 | +2.9% |
| Suppliers | 440/4 | €7,777 | €8,000 | +€224 | +2.9% |
| Taxes, remuneration and social security | 45 | €5,312 | €6,058 | +€746 | +14.0% |
| Taxes | 450/3 | €4,127 | €3,508 | -€618 | -15.0% |
| Remuneration and social security | 454/9 | €1,186 | €2,550 | +€1,364 | +115% |
| Other amounts payable | 47/48 | €4,351 | €4,351 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €20,021 | €21,283 | +€1,262 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,198 | €4,221 | +€22 | +0.5% |
| Other operating charges | 640/8 | €678 | €1,032 | +€354 | +52.2% |
| Gross operating margin | 9900 | €37,872 | €40,143 | +€2,271 | +6.0% |
| Operating profit (loss) | 9901 | €12,975 | €13,607 | +€632 | +4.9% |
| Financial income | 75/76B | €93 | - | -€93 | |
| Recurring financial income | 75 | €93 | - | -€93 | |
| Financial charges | 65/66B | €3,740 | €5,626 | +€1,886 | +50.4% |
| Recurring financial charges | 65 | €3,740 | €5,626 | +€1,886 | +50.4% |
| Profit (loss) for the period before taxes | 9903 | €9,328 | €7,981 | -€1,347 | -14.4% |
| Income taxes | 67/77 | €4,127 | €3,508 | -€618 | -15.0% |
| Profit (loss) for the period | 9904 | €5,201 | €4,473 | -€728 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,201 | €4,473 | -€728 | -14.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.