GV-ICTechnics: 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.
GV-ICTechnics
Largest movements
- Cash -€24,155
down €24,155 (-27.0%), from €89,321 to €65,166
mainly Receivables within one year (-€19,937) and Other debts (-€4,039)
- Receivables within one year +€19,937
up €19,937 (+60.6%), from €32,885 to €52,823
of which Trade receivables: +€19,731
- Tangible fixed assets -€2,042
down €2,042 (-30.2%), from €6,770 to €4,728
of which Furniture and vehicles: -€2,713
- Deferred charges and accrued income +€1,952
up €1,952 (+220%), from €888 to €2,840
- Other debts -€4,039
down €4,039 (-12.3%), from €32,960 to €28,921
- Write-downs +€18,579
up €18,579, from -€2,165 to €16,414
- Gross operating margin -€6,249
down €6,249 (-22.5%), from €27,719 to €21,470
- Taxes -€3,895
down €3,895 (-87.8%), from €4,434 to €540
- Other operating charges -€3,820
down €3,820 (-77.3%), from €4,944 to €1,125
- Financial charges -€2,300
down €2,300 (-96.2%), from €2,392 to €92
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 | €129,865 | €125,557 | -€4,307 | -3.3% |
| Fixed assets | 21/28 | €6,770 | €4,728 | -€2,042 | -30.2% |
| Tangible fixed assets | 22/27 | €6,770 | €4,728 | -€2,042 | -30.2% |
| Plant, machinery and equipment | 23 | €1,657 | €2,329 | +€672 | +40.5% |
| Furniture and vehicles | 24 | €5,113 | €2,399 | -€2,713 | -53.1% |
| Current assets | 29/58 | €123,095 | €120,829 | -€2,266 | -1.8% |
| Amounts receivable within one year | 40/41 | €32,885 | €52,823 | +€19,937 | +60.6% |
| Trade receivables | 40 | €25,528 | €45,259 | +€19,731 | +77.3% |
| Other amounts receivable | 41 | €7,357 | €7,564 | +€206 | +2.8% |
| Cash at bank and in hand | 54/58 | €89,321 | €65,166 | -€24,155 | -27.0% |
| Deferred charges and accrued income | 490/1 | €888 | €2,840 | +€1,952 | +220% |
| Total equity and liabilities | 10/49 | €129,865 | €125,557 | -€4,307 | -3.3% |
| Equity | 10/15 | €92,176 | €91,736 | -€440 | -0.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,176 | €85,736 | -€440 | -0.5% |
| Amounts payable | 17/49 | €37,688 | €33,821 | -€3,867 | -10.3% |
| Amounts payable within one year | 42/48 | €36,938 | €33,821 | -€3,117 | -8.4% |
| Trade debts | 44 | €1,038 | €2,079 | +€1,041 | +100% |
| Suppliers | 440/4 | €1,038 | €2,079 | +€1,041 | +100% |
| Taxes, remuneration and social security | 45 | €2,940 | €2,821 | -€119 | -4.0% |
| Taxes | 450/3 | €2,940 | €2,821 | -€119 | -4.0% |
| Other amounts payable | 47/48 | €32,960 | €28,921 | -€4,039 | -12.3% |
| Accrued charges and deferred income | 492/3 | €750 | €0 | -€750 | -100% |
| Non-recurring operating income | 76A | €348 | €0 | -€348 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,699 | €3,161 | +€462 | +17.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,165 | €16,414 | +€18,579 | |
| Other operating charges | 640/8 | €4,944 | €1,125 | -€3,820 | -77.3% |
| Gross operating margin | 9900 | €27,719 | €21,470 | -€6,249 | -22.5% |
| Operating profit (loss) | 9901 | €22,241 | €771 | -€21,470 | -96.5% |
| Financial income | 75/76B | €5 | €221 | +€216 | +4,302% |
| Recurring financial income | 75 | €5 | €221 | +€216 | +4,302% |
| Financial charges | 65/66B | €2,392 | €92 | -€2,300 | -96.2% |
| Recurring financial charges | 65 | €2,392 | €92 | -€2,300 | -96.2% |
| Profit (loss) for the period before taxes | 9903 | €19,854 | €900 | -€18,954 | -95.5% |
| Income taxes | 67/77 | €4,434 | €540 | -€3,895 | -87.8% |
| Profit (loss) for the period | 9904 | €15,420 | €360 | -€15,060 | -97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,420 | €360 | -€15,060 | -97.7% |
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 17 October 2026 via checked.be.