GEEVANCO: 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.
GEEVANCO
Largest movements
- Tangible fixed assets -€5,119
down €5,119 (-44.8%), from €11,435 to €6,316
of which Plant, machinery and equipment: -€2,733
- Stocks and contracts +€4,924
up €4,924 (+243%), from €2,024 to €6,948
of which Contracts in progress: +€3,268
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€7,469
down €7,469 (-28.6%), from €26,113 to €18,644
- Other operating charges -€6,989
down €6,989 (-34.3%), from €20,378 to €13,389
- Depreciation -€470
down €470 (-8.2%), from €5,724 to €5,254
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 | €49,660 | €49,660 | = | 0.0% |
| Fixed assets | 21/28 | €11,435 | €6,316 | -€5,119 | -44.8% |
| Tangible fixed assets | 22/27 | €11,435 | €6,316 | -€5,119 | -44.8% |
| Plant, machinery and equipment | 23 | €7,051 | €4,318 | -€2,733 | -38.8% |
| Furniture and vehicles | 24 | €4,384 | €1,998 | -€2,386 | -54.4% |
| Current assets | 29/58 | €38,225 | €43,344 | +€5,119 | +13.4% |
| Stocks and contracts in progress | 3 | €2,024 | €6,948 | +€4,924 | +243% |
| Stocks | 30/36 | €524 | €2,180 | +€1,656 | +316% |
| Contracts in progress | 37 | €1,500 | €4,768 | +€3,268 | +218% |
| Amounts receivable within one year | 40/41 | €513 | €345 | -€168 | -32.7% |
| Other amounts receivable | 41 | €513 | €345 | -€168 | -32.7% |
| Cash at bank and in hand | 54/58 | €35,688 | €36,051 | +€363 | +1.0% |
| Total equity and liabilities | 10/49 | €49,660 | €49,660 | = | 0.0% |
| Equity | 10/15 | €49,660 | €49,660 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,049 | €31,059 | +€10 | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €29,189 | €29,199 | +€10 | 0.0% |
| Profit (loss) carried forward | 14 | €11 | €1 | -€10 | -90.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,724 | €5,254 | -€470 | -8.2% |
| Other operating charges | 640/8 | €20,378 | €13,389 | -€6,989 | -34.3% |
| Gross operating margin | 9900 | €26,113 | €18,644 | -€7,469 | -28.6% |
| Operating profit (loss) | 9901 | €11 | €1 | -€10 | -90.9% |
| Profit (loss) for the period before taxes | 9903 | €11 | €1 | -€10 | -90.9% |
| Profit (loss) for the period | 9904 | €11 | €1 | -€10 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11 | €1 | -€10 | -90.9% |
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.