GAVYA: 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.
GAVYA
Largest movements
- Receivables within one year -€155,295
down €155,295 (-68.6%), from €226,343 to €71,048
of which Trade receivables: -€182,959
- Cash +€48,050
up €48,050 (+375%), from €12,829 to €60,879
mainly Receivables within one year (+€155,295) and Net result for the year (+€33,305)
- Tangible fixed assets -€15,890
down €15,890 (-16.5%), from €96,076 to €80,187
of which Furniture and vehicles: -€13,226
- Tax, wage and social debts -€69,517
down €69,517 (-60.5%), from €114,903 to €45,386
of which Remuneration and social security: -€41,969
- Trade debts -€51,148
no longer reported in 2024 (was €51,148)
- Debts after one year -€33,807
down €33,807 (-37.6%), from €89,807 to €56,000
- Profit (loss) carried forward +€33,305
up €33,305 (+50.7%), from €65,667 to €98,972
- Gross operating margin +€13,077
up €13,077 (+29.0%), from €45,159 to €58,235
- Taxes +€2,559
up €2,559 (+39.5%), from €6,482 to €9,041
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €335,248 | €212,114 | -€123,134 | -36.7% |
| Fixed assets | 21/28 | €96,076 | €80,187 | -€15,890 | -16.5% |
| Tangible fixed assets | 22/27 | €96,076 | €80,187 | -€15,890 | -16.5% |
| Land and buildings | 22 | €77,336 | €74,672 | -€2,664 | -3.4% |
| Furniture and vehicles | 24 | €18,740 | €5,515 | -€13,226 | -70.6% |
| Current assets | 29/58 | €239,172 | €131,927 | -€107,244 | -44.8% |
| Amounts receivable within one year | 40/41 | €226,343 | €71,048 | -€155,295 | -68.6% |
| Trade receivables | 40 | €200,010 | €17,051 | -€182,959 | -91.5% |
| Other amounts receivable | 41 | €26,333 | €53,998 | +€27,664 | +105% |
| Cash at bank and in hand | 54/58 | €12,829 | €60,879 | +€48,050 | +375% |
| Total equity and liabilities | 10/49 | €335,248 | €212,114 | -€123,134 | -36.7% |
| Equity | 10/15 | €73,727 | €107,032 | +€33,305 | +45.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,667 | €98,972 | +€33,305 | +50.7% |
| Amounts payable | 17/49 | €261,521 | €105,082 | -€156,439 | -59.8% |
| Amounts payable after more than one year | 17 | €89,807 | €56,000 | -€33,807 | -37.6% |
| Financial debts | 170/4 | €89,807 | €56,000 | -€33,807 | -37.6% |
| Amounts payable within one year | 42/48 | €171,714 | €49,082 | -€122,632 | -71.4% |
| Current portion of amounts payable after more than one year | 42 | €1,730 | - | -€1,730 | |
| Trade debts | 44 | €51,148 | - | -€51,148 | |
| Suppliers | 440/4 | €51,148 | - | -€51,148 | |
| Taxes, remuneration and social security | 45 | €114,903 | €45,386 | -€69,517 | -60.5% |
| Taxes | 450/3 | €72,934 | €45,386 | -€27,548 | -37.8% |
| Remuneration and social security | 454/9 | €41,969 | - | -€41,969 | |
| Other amounts payable | 47/48 | €3,933 | €3,696 | -€237 | -6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,275 | €15,890 | -€385 | -2.4% |
| Gross operating margin | 9900 | €45,159 | €58,235 | +€13,077 | +29.0% |
| Operating profit (loss) | 9901 | €28,884 | €42,346 | +€13,462 | +46.6% |
| Financial charges | 65/66B | €273 | - | -€273 | |
| Recurring financial charges | 65 | €273 | - | -€273 | |
| Profit (loss) for the period before taxes | 9903 | €28,611 | €42,346 | +€13,735 | +48.0% |
| Income taxes | 67/77 | €6,482 | €9,041 | +€2,559 | +39.5% |
| Profit (loss) for the period | 9904 | €22,129 | €33,305 | +€11,176 | +50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €22,129 | €33,305 | +€11,176 | +50.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.