Getiva: 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.
Getiva
Largest movements
- Tangible fixed assets +€88,806
up €88,806 (+6.6%), from €1.4m to €1.4m
of which Plant, machinery and equipment: +€85,008
- Cash -€68,373
down €68,373 (-50.4%), from €135,635 to €67,262
mainly Investment in fixed assets (net) (-€242,691) and Debts after one year (-€96,151)
- Reserves +€120,457
up €120,457 (+36.0%), from €334,242 to €454,699
- Debts after one year -€96,151
down €96,151 (-9.1%), from €1.1m to €954,896
of which Financial debts: -€99,506
- Current portion of long-term debt +€20,437
up €20,437 (+19.3%), from €105,736 to €126,173
- Gross operating margin +€65,166
up €65,166 (+16.8%), from €388,456 to €453,622
- Taxes +€12,154
up €12,154 (+31.5%), from €38,622 to €50,776
- Staff costs +€10,310
up €10,310 (+16.2%), from €63,501 to €73,811
- Depreciation +€7,809
up €7,809 (+5.9%), from €132,887 to €140,696
- Financial charges +€5,217
up €5,217 (+15.2%), from €34,314 to €39,532
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 | €1,629,980 | €1,689,559 | +€59,579 | +3.7% |
| Fixed assets | 21/28 | €1,355,050 | €1,457,045 | +€101,995 | +7.5% |
| Tangible fixed assets | 22/27 | €1,354,015 | €1,442,820 | +€88,806 | +6.6% |
| Land and buildings | 22 | €1,180,307 | €1,152,213 | -€28,094 | -2.4% |
| Plant, machinery and equipment | 23 | €85,817 | €170,825 | +€85,008 | +99.1% |
| Furniture and vehicles | 24 | €43,288 | €82,510 | +€39,222 | +90.6% |
| Leasing and similar rights | 25 | €44,603 | €37,273 | -€7,330 | -16.4% |
| Financial fixed assets | 28 | €1,035 | €14,224 | +€13,189 | +1274.3% |
| Current assets | 29/58 | €274,930 | €232,514 | -€42,416 | -15.4% |
| Amounts receivable after more than one year | 29 | €424 | - | -€424 | |
| Other amounts receivable | 291 | €424 | - | -€424 | |
| Stocks and contracts in progress | 3 | €97,228 | €106,047 | +€8,820 | +9.1% |
| Stocks | 30/36 | €97,228 | €106,047 | +€8,820 | +9.1% |
| Amounts receivable within one year | 40/41 | €24,932 | €34,937 | +€10,005 | +40.1% |
| Trade receivables | 40 | €24,932 | €34,937 | +€10,005 | +40.1% |
| Current investments | 50/53 | €6,950 | €10,950 | +€4,000 | +57.6% |
| Cash at bank and in hand | 54/58 | €135,635 | €67,262 | -€68,373 | -50.4% |
| Deferred charges and accrued income | 490/1 | €9,761 | €13,318 | +€3,556 | +36.4% |
| Total equity and liabilities | 10/49 | €1,629,980 | €1,689,559 | +€59,579 | +3.7% |
| Equity | 10/15 | €423,129 | €541,425 | +€118,296 | +28.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Contributions outside capital | 11 | €50,000 | €50,000 | = | 0.0% |
| Other | 1109/19 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €334,242 | €454,699 | +€120,457 | +36.0% |
| Distributable reserves | 133 | €334,242 | €454,699 | +€120,457 | +36.0% |
| Investment grants | 15 | €38,888 | €36,726 | -€2,161 | -5.6% |
| Amounts payable | 17/49 | €1,206,851 | €1,148,133 | -€58,717 | -4.9% |
| Amounts payable after more than one year | 17 | €1,051,046 | €954,896 | -€96,151 | -9.1% |
| Financial debts | 170/4 | €1,051,014 | €951,508 | -€99,506 | -9.5% |
| Other amounts payable | 178/9 | €32 | €3,388 | +€3,356 | +10529.7% |
| Amounts payable within one year | 42/48 | €155,805 | €193,238 | +€37,433 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €105,736 | €126,173 | +€20,437 | +19.3% |
| Trade debts | 44 | €14,738 | €7,676 | -€7,062 | -47.9% |
| Suppliers | 440/4 | €14,738 | €7,676 | -€7,062 | -47.9% |
| Taxes, remuneration and social security | 45 | €35,331 | €46,656 | +€11,326 | +32.1% |
| Taxes | 450/3 | €29,445 | €37,033 | +€7,588 | +25.8% |
| Remuneration and social security | 454/9 | €5,886 | €9,623 | +€3,737 | +63.5% |
| Other amounts payable | 47/48 | - | €12,732 | +€12,732 | |
| Non-recurring operating income | 76A | €8,264 | €6,000 | -€2,264 | -27.4% |
| Remuneration, social security and pensions | 62 | €63,501 | €73,811 | +€10,310 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,887 | €140,696 | +€7,809 | +5.9% |
| Other operating charges | 640/8 | €17,518 | €17,260 | -€259 | -1.5% |
| Gross operating margin | 9900 | €388,456 | €453,622 | +€65,166 | +16.8% |
| Operating profit (loss) | 9901 | €174,550 | €221,856 | +€47,305 | +27.1% |
| Financial income | 75/76B | €4,481 | €2,311 | -€2,170 | -48.4% |
| Recurring financial income | 75 | €4,481 | €2,311 | -€2,170 | -48.4% |
| Financial charges | 65/66B | €34,314 | €39,532 | +€5,217 | +15.2% |
| Recurring financial charges | 65 | €34,314 | €39,532 | +€5,217 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €144,717 | €184,635 | +€39,918 | +27.6% |
| Income taxes | 67/77 | €38,622 | €50,776 | +€12,154 | +31.5% |
| Profit (loss) for the period | 9904 | €106,095 | €133,860 | +€27,764 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €106,095 | €133,860 | +€27,764 | +26.2% |
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 11 October 2026 via checked.be.