GT Tech: 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 Tech
Largest movements
- Receivables within one year -€10,463
down €10,463 (-51.4%), from €20,366 to €9,903
of which Trade receivables: -€8,284
- Tangible fixed assets -€4,353
down €4,353 (-29.1%), from €14,971 to €10,618
of which Furniture and vehicles: -€3,801
- Cash +€2,611
up €2,611 (+304.7%), from €857 to €3,468
mainly Other debts (+€18,956) and Net result for the year (+€11,849)
- Deferred charges and accrued income +€685
new in 2025: €685
- Formation expenses -€471
down €471 (-100.0%), from €471 to €0
- Trade debts -€30,258
down €30,258 (-95.7%), from €31,624 to €1,367
- Other debts +€18,956
up €18,956 (+103.3%), from €18,350 to €37,306
- Tax, wage and social debts -€15,492
no longer reported in 2025 (was €15,492)
of which Remuneration and social security: -€12,389
- Profit (loss) carried forward +€11,849
up €11,849 (+32.9%), from -€36,051 to -€24,202
- Advances received +€2,703
new in 2025: €2,703
- Write-downs -€34,108
no longer reported in 2025 (was €34,108)
- Gross operating margin +€15,377
up €15,377 (+335.4%), from €4,585 to €19,962
- Other operating charges +€1,826
up €1,826 (+191.1%), from €956 to €2,782
- Depreciation -€224
down €224 (-4.4%), from €5,048 to €4,824
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
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 | €36,915 | €24,674 | -€12,241 | -33.2% |
| Formation expenses | 20 | €471 | €0 | -€471 | -100.0% |
| Fixed assets | 21/28 | €15,221 | €10,618 | -€4,603 | -30.2% |
| Tangible fixed assets | 22/27 | €14,971 | €10,618 | -€4,353 | -29.1% |
| Plant, machinery and equipment | 23 | €1,268 | €716 | -€552 | -43.5% |
| Furniture and vehicles | 24 | €13,703 | €9,902 | -€3,801 | -27.7% |
| Financial fixed assets | 28 | €250 | - | -€250 | |
| Current assets | 29/58 | €21,223 | €14,056 | -€7,167 | -33.8% |
| Amounts receivable within one year | 40/41 | €20,366 | €9,903 | -€10,463 | -51.4% |
| Trade receivables | 40 | €13,671 | €5,388 | -€8,284 | -60.6% |
| Other amounts receivable | 41 | €6,694 | €4,515 | -€2,180 | -32.6% |
| Cash at bank and in hand | 54/58 | €857 | €3,468 | +€2,611 | +304.7% |
| Deferred charges and accrued income | 490/1 | - | €685 | +€685 | |
| Total equity and liabilities | 10/49 | €36,915 | €24,674 | -€12,241 | -33.2% |
| Equity | 10/15 | -€28,551 | -€16,702 | +€11,849 | +41.5% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,051 | -€24,202 | +€11,849 | +32.9% |
| Amounts payable | 17/49 | €65,466 | €41,376 | -€24,091 | -36.8% |
| Amounts payable within one year | 42/48 | €65,466 | €41,376 | -€24,091 | -36.8% |
| Trade debts | 44 | €31,624 | €1,367 | -€30,258 | -95.7% |
| Suppliers | 440/4 | €31,624 | €1,367 | -€30,258 | -95.7% |
| Advances received on contracts in progress | 46 | - | €2,703 | +€2,703 | |
| Taxes, remuneration and social security | 45 | €15,492 | - | -€15,492 | |
| Taxes | 450/3 | €3,103 | - | -€3,103 | |
| Remuneration and social security | 454/9 | €12,389 | - | -€12,389 | |
| Other amounts payable | 47/48 | €18,350 | €37,306 | +€18,956 | +103.3% |
| Remuneration, social security and pensions | 62 | €447 | €379 | -€67 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,048 | €4,824 | -€224 | -4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €34,108 | - | -€34,108 | |
| Other operating charges | 640/8 | €956 | €2,782 | +€1,826 | +191.1% |
| Gross operating margin | 9900 | €4,585 | €19,962 | +€15,377 | +335.4% |
| Operating profit (loss) | 9901 | -€35,974 | €11,977 | +€47,950 | |
| Financial income | 75/76B | €10 | €5 | -€5 | -49.8% |
| Recurring financial income | 75 | €10 | €5 | -€5 | -49.8% |
| Financial charges | 65/66B | €87 | €133 | +€46 | +52.3% |
| Recurring financial charges | 65 | €87 | €133 | +€46 | +52.3% |
| Profit (loss) for the period before taxes | 9903 | -€36,051 | €11,849 | +€47,900 | |
| Profit (loss) for the period | 9904 | -€36,051 | €11,849 | +€47,900 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,051 | €11,849 | +€47,900 |
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 5 October 2026 via checked.be.