GTK Digit: 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.
GTK Digit
Largest movements
- Receivables within one year +€38,103
up €38,103 (+187%), from €20,349 to €58,452
of which Trade receivables: +€36,526
- Tangible fixed assets -€34,500
down €34,500 (-22.1%), from €156,038 to €121,538
of which Furniture and vehicles: -€18,908
- Cash -€20,897
down €20,897 (-9.3%), from €224,533 to €203,636
mainly Other debts (-€60,429) and Receivables within one year (-€38,103)
- Other debts -€60,429
down €60,429 (-45.1%), from €133,859 to €73,429
- Trade debts +€47,280
up €47,280 (+2,573%), from €1,838 to €49,118
- Debts after one year -€32,953
down €32,953 (-100%), from €32,953 to €0
- Current portion of long-term debt +€27,430
up €27,430 (+497%), from €5,523 to €32,953
- Reserves +€16,525
up €16,525 (+8.3%), from €199,500 to €216,025
- Depreciation -€3,344
down €3,344 (-8.8%), from €37,844 to €34,500
- Gross operating margin +€2,540
up €2,540 (+2.3%), from €110,992 to €113,532
- Taxes +€1,556
up €1,556 (+7.7%), from €20,100 to €21,656
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 | €404,458 | €384,311 | -€20,147 | -5.0% |
| Fixed assets | 21/28 | €156,038 | €121,538 | -€34,500 | -22.1% |
| Tangible fixed assets | 22/27 | €156,038 | €121,538 | -€34,500 | -22.1% |
| Furniture and vehicles | 24 | €46,893 | €27,985 | -€18,908 | -40.3% |
| Other tangible fixed assets | 26 | €109,145 | €93,553 | -€15,592 | -14.3% |
| Current assets | 29/58 | €248,420 | €262,773 | +€14,353 | +5.8% |
| Stocks and contracts in progress | 3 | €1,560 | €0 | -€1,560 | -100% |
| Stocks | 30/36 | €1,560 | €0 | -€1,560 | -100% |
| Amounts receivable within one year | 40/41 | €20,349 | €58,452 | +€38,103 | +187% |
| Trade receivables | 40 | €20,349 | €56,875 | +€36,526 | +179% |
| Other amounts receivable | 41 | - | €1,577 | +€1,577 | |
| Cash at bank and in hand | 54/58 | €224,533 | €203,636 | -€20,897 | -9.3% |
| Deferred charges and accrued income | 490/1 | €1,979 | €685 | -€1,294 | -65.4% |
| Total equity and liabilities | 10/49 | €404,458 | €384,311 | -€20,147 | -5.0% |
| Equity | 10/15 | €199,500 | €216,025 | +€16,525 | +8.3% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €199,500 | €216,025 | +€16,525 | +8.3% |
| Distributable reserves | 133 | €199,500 | €216,025 | +€16,525 | +8.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €204,958 | €168,286 | -€36,672 | -17.9% |
| Amounts payable after more than one year | 17 | €32,953 | €0 | -€32,953 | -100% |
| Financial debts | 170/4 | €32,953 | €0 | -€32,953 | -100% |
| Amounts payable within one year | 42/48 | €158,375 | €168,286 | +€9,910 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €5,523 | €32,953 | +€27,430 | +497% |
| Trade debts | 44 | €1,838 | €49,118 | +€47,280 | +2,573% |
| Suppliers | 440/4 | €1,838 | €49,118 | +€47,280 | +2,573% |
| Taxes, remuneration and social security | 45 | €17,156 | €12,785 | -€4,371 | -25.5% |
| Taxes | 450/3 | €17,156 | €12,785 | -€4,371 | -25.5% |
| Other amounts payable | 47/48 | €133,859 | €73,429 | -€60,429 | -45.1% |
| Accrued charges and deferred income | 492/3 | €13,630 | €0 | -€13,630 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,844 | €34,500 | -€3,344 | -8.8% |
| Other operating charges | 640/8 | €2,521 | €1,764 | -€758 | -30.1% |
| Gross operating margin | 9900 | €110,992 | €113,532 | +€2,540 | +2.3% |
| Operating profit (loss) | 9901 | €70,626 | €77,268 | +€6,641 | +9.4% |
| Financial income | 75/76B | €723 | €685 | -€38 | -5.3% |
| Recurring financial income | 75 | €723 | €685 | -€38 | -5.3% |
| Financial charges | 65/66B | €2,655 | €2,271 | -€384 | -14.5% |
| Recurring financial charges | 65 | €2,655 | €2,271 | -€384 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €68,694 | €75,681 | +€6,987 | +10.2% |
| Income taxes | 67/77 | €20,100 | €21,656 | +€1,556 | +7.7% |
| Profit (loss) for the period | 9904 | €48,594 | €54,025 | +€5,431 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,594 | €54,025 | +€5,431 | +11.2% |
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 27 October 2026 via checked.be.