GERVOIS: what changed
What changed
GERVOIS
NACE 16.230, Manufacture of other builders' carpentry and joinery
filed annual accounts (NBB)
Net result for the year
€8,866
2024 · €897+€7,969
Equity
€40,320
2024 · €31,455+€8,866
Cash
€67,354
2024 · €62,076+€5,278
Balance sheet total
€133,852
2024 · €126,602+€7,249
Largest movements
Assets
- Cash +€5,278
up €5,278 (+8.5%), from €62,076 to €67,354
mainly Depreciation (+€39,612) and Current portion of long-term debt (+€11,268)
Equity and liabilities
- Debts after one year -€19,334
down €19,334 (-53.4%), from €36,236 to €16,902
- Current portion of long-term debt +€11,268
new in 2025: €11,268
- Trade debts +€10,586
up €10,586 (+43.6%), from €24,256 to €34,842
- Profit (loss) carried forward +€8,866
up €8,866 (+37.9%), from €23,395 to €32,260
- Accrued charges and deferred income -€8,150
no longer reported in 2025 (was €8,150)
Income statement
- Gross operating margin +€10,419
up €10,419 (+23.3%), from €44,777 to €55,197
- Depreciation +€5,231
up €5,231 (+15.2%), from €34,380 to €39,612
- Staff costs -€3,468
no longer reported in 2025 (was €3,468)
- Financial charges +€1,157
up €1,157 (+50.0%), from €2,316 to €3,473
- Other operating charges -€926
down €926 (-64.9%), from €1,427 to €502
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
€897
Gross operating margin
+€10,419
Staff costs
+€3,468
Depreciation
-€5,231
Other operating charges
+€926
Financial income
-€0
Financial charges
-€1,157
Taxes
-€456
Result 2025
€8,866
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
+€52,844
Investment
-€39,500
Financing
-€8,067
Cash 2024
€62,076
From operations (derived)
+€52,844
Net result for the year
+€8,866
Depreciation
+€39,612
Receivables within one year
-€858
Deferred charges and accrued income
-€1,225
Trade debts
+€10,586
Tax, wage and social debts
+€659
Advances received
+€3,920
Other debts
-€565
Accrued charges and deferred income
-€8,150
Investment (derived)
-€39,500
Investment in fixed assets (net)
-€39,500
Financing
-€8,067
Debts after one year
-€19,334
Current portion of long-term debt
+€11,268
Cash 2025
€67,354
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,602 | €133,852 | +€7,249 | +5.7% |
| Fixed assets | 21/28 | €53,531 | €53,420 | -€112 | -0.2% |
| Tangible fixed assets | 22/27 | €53,531 | €53,420 | -€112 | -0.2% |
| Plant, machinery and equipment | 23 | - | €8,667 | +€8,667 | |
| Furniture and vehicles | 24 | €53,531 | €44,752 | -€8,779 | -16.4% |
| Current assets | 29/58 | €73,071 | €80,432 | +€7,361 | +10.1% |
| Amounts receivable within one year | 40/41 | €8,650 | €9,508 | +€858 | +9.9% |
| Trade receivables | 40 | €8,650 | €5,179 | -€3,471 | -40.1% |
| Other amounts receivable | 41 | - | €4,329 | +€4,329 | |
| Cash at bank and in hand | 54/58 | €62,076 | €67,354 | +€5,278 | +8.5% |
| Deferred charges and accrued income | 490/1 | €2,345 | €3,571 | +€1,225 | +52.3% |
| Total equity and liabilities | 10/49 | €126,602 | €133,852 | +€7,249 | +5.7% |
| Equity | 10/15 | €31,455 | €40,320 | +€8,866 | +28.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €23,395 | €32,260 | +€8,866 | +37.9% |
| Amounts payable | 17/49 | €95,147 | €93,531 | -€1,616 | -1.7% |
| Amounts payable after more than one year | 17 | €36,236 | €16,902 | -€19,334 | -53.4% |
| Financial debts | 170/4 | €36,236 | €16,902 | -€19,334 | -53.4% |
| Amounts payable within one year | 42/48 | €50,761 | €76,630 | +€25,868 | +51.0% |
| Current portion of amounts payable after more than one year | 42 | - | €11,268 | +€11,268 | |
| Trade debts | 44 | €24,256 | €34,842 | +€10,586 | +43.6% |
| Suppliers | 440/4 | €24,256 | €34,842 | +€10,586 | +43.6% |
| Advances received on contracts in progress | 46 | - | €3,920 | +€3,920 | |
| Taxes, remuneration and social security | 45 | €6,761 | €7,420 | +€659 | +9.7% |
| Taxes | 450/3 | €2,743 | €2,820 | +€76 | +2.8% |
| Remuneration and social security | 454/9 | €4,017 | €4,600 | +€583 | +14.5% |
| Other amounts payable | 47/48 | €19,745 | €19,180 | -€565 | -2.9% |
| Accrued charges and deferred income | 492/3 | €8,150 | - | -€8,150 | |
| Remuneration, social security and pensions | 62 | €3,468 | - | -€3,468 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,380 | €39,612 | +€5,231 | +15.2% |
| Other operating charges | 640/8 | €1,427 | €502 | -€926 | -64.9% |
| Gross operating margin | 9900 | €44,777 | €55,197 | +€10,419 | +23.3% |
| Operating profit (loss) | 9901 | €5,502 | €15,084 | +€9,582 | +174% |
| Financial income | 75/76B | €0 | €0 | -€0 | -87.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -87.5% |
| Financial charges | 65/66B | €2,316 | €3,473 | +€1,157 | +50.0% |
| Recurring financial charges | 65 | €2,316 | €3,473 | +€1,157 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €3,185 | €11,610 | +€8,425 | +264% |
| Income taxes | 67/77 | €2,289 | €2,745 | +€456 | +19.9% |
| Profit (loss) for the period | 9904 | €897 | €8,866 | +€7,969 | +889% |
| Profit (loss) for the period to be appropriated | 9905 | €897 | €8,866 | +€7,969 | +889% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.