GAVA RENT: what changed
What changed
GAVA RENT
NACE 77.320, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
€67,251
2024 · €52,153+€15,097
Equity
€417,007
2024 · €349,757+€67,251
Cash
€308,661
2024 · €192,072+€116,589
Balance sheet total
€1.1m
2024 · €1.0m+€85,298
Largest movements
Assets
- Cash +€116,589
up €116,589 (+60.7%), from €192,072 to €308,661
mainly Depreciation (+€171,342) and Net result for the year (+€67,251)
- Tangible fixed assets -€50,582
down €50,582 (-8.5%), from €594,935 to €544,353
Equity and liabilities
- Debts after one year -€77,365
down €77,365 (-21.4%), from €361,367 to €284,002
- Profit (loss) carried forward +€67,251
up €67,251 (+31.6%), from €212,810 to €280,060
- Tax, wage and social debts +€33,542
up €33,542 (+358%), from €9,358 to €42,900
of which Taxes: +€31,792
- Trade debts +€32,444
up €32,444 (+20.4%), from €158,996 to €191,440
- Accrued charges and deferred income +€24,291
up €24,291 (+926%), from €2,622 to €26,913
Income statement
- Gross operating margin +€54,159
up €54,159 (+14.3%), from €379,428 to €433,586
- Depreciation +€15,798
up €15,798 (+10.2%), from €155,544 to €171,342
- Staff costs +€10,729
up €10,729 (+8.3%), from €129,421 to €140,149
- Taxes +€9,796
up €9,796 (+140%), from €7,009 to €16,806
- Other operating charges +€5,995
up €5,995 (+95.2%), from €6,295 to €12,290
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€52,153
Gross operating margin
+€54,159
Staff costs
-€10,729
Depreciation
-€15,798
Other operating charges
-€5,995
Financial income
-€2,386
Financial charges
+€5,642
Taxes
-€9,796
Result 2025
€67,251
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€314,938
Investment
-€120,760
Financing
-€77,589
Cash 2024
€192,072
From operations (derived)
+€314,938
Net result for the year
+€67,251
Depreciation
+€171,342
Stocks and contracts
-€2,500
Receivables within one year
-€9,639
Deferred charges and accrued income
-€7,153
Trade debts
+€32,444
Tax, wage and social debts
+€33,542
Other debts
+€5,359
Accrued charges and deferred income
+€24,291
Investment (derived)
-€120,760
Investment in fixed assets (net)
-€120,760
Financing
-€77,589
Debts after one year
-€77,365
Current portion of long-term debt
-€223
Cash 2025
€308,661
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,027,187 | €1,112,485 | +€85,298 | +8.3% |
| Fixed assets | 21/28 | €598,980 | €548,398 | -€50,582 | -8.4% |
| Tangible fixed assets | 22/27 | €594,935 | €544,353 | -€50,582 | -8.5% |
| Land and buildings | 22 | €192,423 | €181,413 | -€11,009 | -5.7% |
| Plant, machinery and equipment | 23 | €176,671 | €164,775 | -€11,896 | -6.7% |
| Furniture and vehicles | 24 | €10,437 | €4,415 | -€6,022 | -57.7% |
| Leasing and similar rights | 25 | €214,975 | €193,750 | -€21,225 | -9.9% |
| Other tangible fixed assets | 26 | €430 | - | -€430 | |
| Financial fixed assets | 28 | €4,045 | €4,045 | = | 0.0% |
| Current assets | 29/58 | €428,207 | €564,087 | +€135,880 | +31.7% |
| Stocks and contracts in progress | 3 | - | €2,500 | +€2,500 | |
| Stocks | 30/36 | - | €2,500 | +€2,500 | |
| Amounts receivable within one year | 40/41 | €212,964 | €222,603 | +€9,639 | +4.5% |
| Trade receivables | 40 | €202,363 | €215,626 | +€13,262 | +6.6% |
| Other amounts receivable | 41 | €10,601 | €6,977 | -€3,624 | -34.2% |
| Cash at bank and in hand | 54/58 | €192,072 | €308,661 | +€116,589 | +60.7% |
| Deferred charges and accrued income | 490/1 | €23,171 | €30,323 | +€7,153 | +30.9% |
| Total equity and liabilities | 10/49 | €1,027,187 | €1,112,485 | +€85,298 | +8.3% |
| Equity | 10/15 | €349,757 | €417,007 | +€67,251 | +19.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €116,947 | €116,947 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €114,947 | €114,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | €212,810 | €280,060 | +€67,251 | +31.6% |
| Amounts payable | 17/49 | €677,431 | €695,478 | +€18,047 | +2.7% |
| Amounts payable after more than one year | 17 | €361,367 | €284,002 | -€77,365 | -21.4% |
| Financial debts | 170/4 | €361,367 | €284,002 | -€77,365 | -21.4% |
| Amounts payable within one year | 42/48 | €313,442 | €384,563 | +€71,121 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €136,028 | €135,805 | -€223 | -0.2% |
| Trade debts | 44 | €158,996 | €191,440 | +€32,444 | +20.4% |
| Suppliers | 440/4 | €158,996 | €191,440 | +€32,444 | +20.4% |
| Taxes, remuneration and social security | 45 | €9,358 | €42,900 | +€33,542 | +358% |
| Taxes | 450/3 | €3,468 | €35,260 | +€31,792 | +917% |
| Remuneration and social security | 454/9 | €5,891 | €7,641 | +€1,750 | +29.7% |
| Other amounts payable | 47/48 | €9,059 | €14,417 | +€5,359 | +59.2% |
| Accrued charges and deferred income | 492/3 | €2,622 | €26,913 | +€24,291 | +926% |
| Remuneration, social security and pensions | 62 | €129,421 | €140,149 | +€10,729 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,544 | €171,342 | +€15,798 | +10.2% |
| Other operating charges | 640/8 | €6,295 | €12,290 | +€5,995 | +95.2% |
| Gross operating margin | 9900 | €379,428 | €433,586 | +€54,159 | +14.3% |
| Operating profit (loss) | 9901 | €88,168 | €109,805 | +€21,637 | +24.5% |
| Financial income | 75/76B | €2,455 | €69 | -€2,386 | -97.2% |
| Recurring financial income | 75 | €2,455 | €69 | -€2,386 | -97.2% |
| Financial charges | 65/66B | €31,461 | €25,818 | -€5,642 | -17.9% |
| Recurring financial charges | 65 | €31,461 | €25,818 | -€5,642 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €59,163 | €84,056 | +€24,894 | +42.1% |
| Income taxes | 67/77 | €7,009 | €16,806 | +€9,796 | +140% |
| Profit (loss) for the period | 9904 | €52,153 | €67,251 | +€15,097 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,153 | €67,251 | +€15,097 | +28.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.