GAVERRANCH: 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.
GAVERRANCH
Largest movements
- Receivables within one year +€25,093
up €25,093 (+215%), from €11,689 to €36,782
of which Trade receivables: +€25,170
- Tangible fixed assets +€8,930
up €8,930 (+23.9%), from €37,390 to €46,320
of which Land and buildings: +€21,854
- Stocks and contracts +€8,103
up €8,103 (+17.3%), from €46,862 to €54,965
- Cash -€4,419
down €4,419 (-12.3%), from €36,034 to €31,615
mainly Receivables within one year (-€25,093) and Investment in fixed assets (net) (-€24,250)
- Profit (loss) carried forward +€39,638
up €39,638 (+45.2%), from -€87,624 to -€47,986
- Other debts -€14,258
down €14,258 (-19.4%), from €73,635 to €59,377
- Tax, wage and social debts +€7,298
up €7,298 (+78.2%), from €9,327 to €16,625
of which Taxes: +€7,072
- Trade debts +€5,678
up €5,678 (+18.4%), from €30,806 to €36,484
- Gross operating margin +€49,220
up €49,220 (+222%), from €22,139 to €71,359
- Staff costs -€1,786
down €1,786 (-17.2%), from €10,400 to €8,613
- Depreciation -€1,353
down €1,353 (-8.1%), from €16,673 to €15,320
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 | €134,520 | €172,180 | +€37,659 | +28.0% |
| Fixed assets | 21/28 | €37,390 | €46,320 | +€8,930 | +23.9% |
| Tangible fixed assets | 22/27 | €37,390 | €46,320 | +€8,930 | +23.9% |
| Land and buildings | 22 | - | €21,854 | +€21,854 | |
| Plant, machinery and equipment | 23 | €35,490 | €22,943 | -€12,548 | -35.4% |
| Furniture and vehicles | 24 | €1,037 | €1,523 | +€486 | +46.9% |
| Leasing and similar rights | 25 | €862 | €0 | -€862 | -100% |
| Current assets | 29/58 | €97,131 | €125,860 | +€28,729 | +29.6% |
| Stocks and contracts in progress | 3 | €46,862 | €54,965 | +€8,103 | +17.3% |
| Stocks | 30/36 | €46,862 | €54,965 | +€8,103 | +17.3% |
| Amounts receivable within one year | 40/41 | €11,689 | €36,782 | +€25,093 | +215% |
| Trade receivables | 40 | €10,666 | €35,836 | +€25,170 | +236% |
| Other amounts receivable | 41 | €1,023 | €946 | -€78 | -7.6% |
| Cash at bank and in hand | 54/58 | €36,034 | €31,615 | -€4,419 | -12.3% |
| Deferred charges and accrued income | 490/1 | €2,546 | €2,499 | -€48 | -1.9% |
| Total equity and liabilities | 10/49 | €134,520 | €172,180 | +€37,659 | +28.0% |
| Equity | 10/15 | €20,056 | €59,693 | +€39,638 | +198% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €70,495 | €70,495 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,032 | €2,032 | = | 0.0% |
| Distributable reserves | 133 | €68,464 | €68,464 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,624 | -€47,986 | +€39,638 | +45.2% |
| Amounts payable | 17/49 | €114,465 | €112,486 | -€1,979 | -1.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €114,465 | €112,486 | -€1,979 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €696 | €0 | -€696 | -100% |
| Trade debts | 44 | €30,806 | €36,484 | +€5,678 | +18.4% |
| Suppliers | 440/4 | €30,806 | €36,484 | +€5,678 | +18.4% |
| Taxes, remuneration and social security | 45 | €9,327 | €16,625 | +€7,298 | +78.2% |
| Taxes | 450/3 | €8,172 | €15,244 | +€7,072 | +86.5% |
| Remuneration and social security | 454/9 | €1,156 | €1,381 | +€225 | +19.5% |
| Other amounts payable | 47/48 | €73,635 | €59,377 | -€14,258 | -19.4% |
| Remuneration, social security and pensions | 62 | €10,400 | €8,613 | -€1,786 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,673 | €15,320 | -€1,353 | -8.1% |
| Other operating charges | 640/8 | €3,599 | €3,603 | +€5 | +0.1% |
| Gross operating margin | 9900 | €22,139 | €71,359 | +€49,220 | +222% |
| Operating profit (loss) | 9901 | -€8,532 | €43,822 | +€52,355 | |
| Financial income | 75/76B | €155 | €11 | -€144 | -92.8% |
| Recurring financial income | 75 | €155 | €11 | -€144 | -92.8% |
| Financial charges | 65/66B | €4,582 | €4,196 | -€386 | -8.4% |
| Recurring financial charges | 65 | €4,582 | €4,196 | -€386 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,959 | €39,638 | +€52,597 | |
| Profit (loss) for the period | 9904 | -€12,959 | €39,638 | +€52,597 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,959 | €39,638 | +€52,597 |
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 18 October 2026 via checked.be.