ASSURANCES GEVA: 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.
ASSURANCES GEVA
Largest movements
- Tangible fixed assets +€37,185
up €37,185 (+204%), from €18,228 to €55,413
of which Leasing and similar rights: +€55,413
- Receivables within one year -€10,314
down €10,314 (-50.7%), from €20,359 to €10,044
of which Other amounts receivable: -€8,047
- Deferred charges and accrued income +€2,133
new in 2025: €2,133
- Debts after one year +€32,180
up €32,180 (+359%), from €8,971 to €41,151
- Profit (loss) carried forward -€14,980
down €14,980 (-90.1%), from €16,625 to €1,645
- Trade debts +€12,219
up €12,219 (+2,179%), from €561 to €12,780
- Tax, wage and social debts -€4,145
down €4,145 (-67.7%), from €6,121 to €1,977
of which Taxes: -€5,301
- Current portion of long-term debt +€3,557
up €3,557 (+91.3%), from €3,895 to €7,452
- Other operating charges -€42,156
down €42,156 (-89.6%), from €47,059 to €4,903
- Gross operating margin -€33,799
down €33,799, from €28,845 to -€4,955
- Depreciation -€5,567
down €5,567 (-69.6%), from €7,996 to €2,430
- Financial charges +€1,004
up €1,004 (+142%), from €706 to €1,710
- Taxes +€303
new in 2025: €303
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 | €44,233 | €73,064 | +€28,832 | +65.2% |
| Fixed assets | 21/28 | €22,452 | €59,636 | +€37,185 | +166% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €18,228 | €55,413 | +€37,185 | +204% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €18,228 | €0 | -€18,228 | -100% |
| Leasing and similar rights | 25 | - | €55,413 | +€55,413 | |
| Financial fixed assets | 28 | €4,223 | €4,223 | = | 0.0% |
| Current assets | 29/58 | €21,781 | €13,428 | -€8,353 | -38.4% |
| Amounts receivable within one year | 40/41 | €20,359 | €10,044 | -€10,314 | -50.7% |
| Trade receivables | 40 | €9,300 | €7,033 | -€2,267 | -24.4% |
| Other amounts receivable | 41 | €11,059 | €3,011 | -€8,047 | -72.8% |
| Current investments | 50/53 | €630 | €18 | -€612 | -97.1% |
| Cash at bank and in hand | 54/58 | €792 | €1,232 | +€440 | +55.5% |
| Deferred charges and accrued income | 490/1 | - | €2,133 | +€2,133 | |
| Total equity and liabilities | 10/49 | €44,233 | €73,064 | +€28,832 | +65.2% |
| Equity | 10/15 | €24,684 | €9,704 | -€14,980 | -60.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,625 | €1,645 | -€14,980 | -90.1% |
| Amounts payable | 17/49 | €19,548 | €63,360 | +€43,812 | +224% |
| Amounts payable after more than one year | 17 | €8,971 | €41,151 | +€32,180 | +359% |
| Financial debts | 170/4 | €8,971 | €41,151 | +€32,180 | +359% |
| Amounts payable within one year | 42/48 | €10,577 | €22,209 | +€11,631 | +110% |
| Current portion of amounts payable after more than one year | 42 | €3,895 | €7,452 | +€3,557 | +91.3% |
| Trade debts | 44 | €561 | €12,780 | +€12,219 | +2,179% |
| Suppliers | 440/4 | €561 | €12,780 | +€12,219 | +2,179% |
| Taxes, remuneration and social security | 45 | €6,121 | €1,977 | -€4,145 | -67.7% |
| Taxes | 450/3 | €6,121 | €820 | -€5,301 | -86.6% |
| Remuneration and social security | 454/9 | - | €1,156 | +€1,156 | |
| Non-recurring operating income | 76A | €16,050 | - | -€16,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,996 | €2,430 | -€5,567 | -69.6% |
| Other operating charges | 640/8 | €47,059 | €4,903 | -€42,156 | -89.6% |
| Non-recurring operating charges | 66A | - | €728 | +€728 | |
| Gross operating margin | 9900 | €28,845 | -€4,955 | -€33,799 | |
| Operating profit (loss) | 9901 | -€26,211 | -€13,017 | +€13,195 | +50.3% |
| Financial income | 75/76B | €0 | €49 | +€49 | +489,200% |
| Recurring financial income | 75 | €0 | €49 | +€49 | +489,200% |
| Financial charges | 65/66B | €706 | €1,710 | +€1,004 | +142% |
| Recurring financial charges | 65 | €706 | €1,710 | +€1,004 | +142% |
| Profit (loss) for the period before taxes | 9903 | -€26,917 | -€14,677 | +€12,239 | +45.5% |
| Income taxes | 67/77 | - | €303 | +€303 | |
| Profit (loss) for the period | 9904 | -€26,917 | -€14,980 | +€11,937 | +44.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,917 | -€14,980 | +€11,937 | +44.3% |
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 16 October 2026 via checked.be.