GE.VE: what changed
Two fiscal 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.
GE.VE
Largest movements
- Cash +€73,750
up €73,750 (+128.3%), from €57,466 to €131,216
mainly Current investments (+€50,000) and Net result for the year (+€15,052)
- Current investments -€50,000
down €50,000 (-33.3%), from €150,000 to €100,000
- Receivables within one year -€5,569
down €5,569 (-23.6%), from €23,634 to €18,065
of which Trade receivables: -€15,814
- Reserves +€15,052
up €15,052 (+14.8%), from €101,733 to €116,784
- Other debts +€10,218
up €10,218 (+59.0%), from €17,325 to €27,542
- Tax, wage and social debts -€5,734
down €5,734 (-81.0%), from €7,079 to €1,345
- Gross operating margin -€62,704
down €62,704 (-70.8%), from €88,627 to €25,922
- Taxes -€19,275
down €19,275 (-68.3%), from €28,235 to €8,960
- Financial income +€2,117
up €2,117 (+130.6%), from €1,621 to €3,739
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.
Cash bridge derived
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 | €238,063 | €258,196 | +€20,132 | +8.5% |
| Fixed assets | 21/28 | €5,788 | €7,729 | +€1,940 | +33.5% |
| Tangible fixed assets | 22/27 | €5,788 | €7,729 | +€1,940 | +33.5% |
| Plant, machinery and equipment | 23 | €355 | €95 | -€260 | -73.3% |
| Furniture and vehicles | 24 | €3,070 | €5,927 | +€2,857 | +93.1% |
| Other tangible fixed assets | 26 | €2,363 | €1,707 | -€656 | -27.8% |
| Current assets | 29/58 | €232,275 | €250,467 | +€18,192 | +7.8% |
| Amounts receivable within one year | 40/41 | €23,634 | €18,065 | -€5,569 | -23.6% |
| Trade receivables | 40 | €21,717 | €5,904 | -€15,814 | -72.8% |
| Other amounts receivable | 41 | €1,917 | €12,161 | +€10,245 | +534.5% |
| Current investments | 50/53 | €150,000 | €100,000 | -€50,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €57,466 | €131,216 | +€73,750 | +128.3% |
| Deferred charges and accrued income | 490/1 | €1,176 | €1,187 | +€11 | +0.9% |
| Total equity and liabilities | 10/49 | €238,063 | €258,196 | +€20,132 | +8.5% |
| Equity | 10/15 | €150,183 | €165,234 | +€15,052 | +10.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €101,733 | €116,784 | +€15,052 | +14.8% |
| Distributable reserves | 133 | €101,733 | €116,784 | +€15,052 | +14.8% |
| Profit (loss) carried forward | 14 | €29,858 | €29,858 | = | 0.0% |
| Amounts payable | 17/49 | €87,881 | €92,961 | +€5,081 | +5.8% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,244 | €30,739 | +€5,494 | +21.8% |
| Financial debts | 43 | €642 | €1,852 | +€1,209 | +188.3% |
| Credit institutions | 430/8 | €642 | €1,852 | +€1,209 | +188.3% |
| Trade debts | 44 | €198 | - | -€198 | |
| Suppliers | 440/4 | €198 | - | -€198 | |
| Taxes, remuneration and social security | 45 | €7,079 | €1,345 | -€5,734 | -81.0% |
| Taxes | 450/3 | €7,079 | €1,345 | -€5,734 | -81.0% |
| Other amounts payable | 47/48 | €17,325 | €27,542 | +€10,218 | +59.0% |
| Accrued charges and deferred income | 492/3 | €2,636 | €2,222 | -€414 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,644 | €2,919 | +€275 | +10.4% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €88,627 | €25,922 | -€62,704 | -70.8% |
| Operating profit (loss) | 9901 | €85,598 | €22,616 | -€62,982 | -73.6% |
| Financial income | 75/76B | €1,621 | €3,739 | +€2,117 | +130.6% |
| Recurring financial income | 75 | €1,621 | €3,739 | +€2,117 | +130.6% |
| Financial charges | 65/66B | €2,783 | €2,342 | -€441 | -15.8% |
| Recurring financial charges | 65 | €2,783 | €2,342 | -€441 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €84,436 | €24,012 | -€60,424 | -71.6% |
| Income taxes | 67/77 | €28,235 | €8,960 | -€19,275 | -68.3% |
| Profit (loss) for the period | 9904 | €56,201 | €15,052 | -€41,149 | -73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,201 | €15,052 | -€41,149 | -73.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.