GEVA: 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.
GEVA
Largest movements
- Receivables within one year +€13,339
up €13,339 (+1.8%), from €751,685 to €765,024
- Profit (loss) carried forward +€8,782
up €8,782 (+2.2%), from -€394,319 to -€385,537
- Gross operating margin +€441
up €441 (+18.5%), from -€2,381 to -€1,940
- Financial income +€244
up €244 (+1.7%), from €14,766 to €15,010
- Taxes +€96
up €96 (+3.1%), from €3,101 to €3,197
- Financial charges +€70
up €70 (+28.4%), from €246 to €316
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 | €753,524 | €765,523 | +€11,999 | +1.6% |
| Current assets | 29/58 | €753,524 | €765,523 | +€11,999 | +1.6% |
| Amounts receivable within one year | 40/41 | €751,685 | €765,024 | +€13,339 | +1.8% |
| Other amounts receivable | 41 | €751,685 | €765,024 | +€13,339 | +1.8% |
| Cash at bank and in hand | 54/58 | €1,839 | €499 | -€1,340 | -72.9% |
| Total equity and liabilities | 10/49 | €753,524 | €765,523 | +€11,999 | +1.6% |
| Equity | 10/15 | €589,471 | €598,254 | +€8,782 | +1.5% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €735,897 | €735,897 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Tax-exempt reserves | 132 | €482,615 | €482,615 | = | 0.0% |
| Distributable reserves | 133 | €243,366 | €243,366 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€394,319 | -€385,537 | +€8,782 | +2.2% |
| Provisions and deferred taxes | 16 | €160,872 | €160,872 | = | 0.0% |
| Deferred taxes | 168 | €160,872 | €160,872 | = | 0.0% |
| Amounts payable | 17/49 | €3,182 | €6,398 | +€3,216 | +101.1% |
| Amounts payable within one year | 42/48 | €3,182 | €6,398 | +€3,216 | +101.1% |
| Trade debts | 44 | €81 | €84 | +€3 | +4.0% |
| Suppliers | 440/4 | €81 | €84 | +€3 | +4.0% |
| Taxes, remuneration and social security | 45 | €3,101 | €3,197 | +€96 | +3.1% |
| Taxes | 450/3 | €3,101 | €3,197 | +€96 | +3.1% |
| Other amounts payable | 47/48 | - | €3,117 | +€3,117 | |
| Other operating charges | 640/8 | €759 | €774 | +€15 | +2.0% |
| Gross operating margin | 9900 | -€2,381 | -€1,940 | +€441 | +18.5% |
| Operating profit (loss) | 9901 | -€3,140 | -€2,714 | +€426 | +13.6% |
| Financial income | 75/76B | €14,766 | €15,010 | +€244 | +1.7% |
| Recurring financial income | 75 | €14,766 | €15,010 | +€244 | +1.7% |
| Financial charges | 65/66B | €246 | €316 | +€70 | +28.4% |
| Recurring financial charges | 65 | €246 | €316 | +€70 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | €11,380 | €11,980 | +€600 | +5.3% |
| Income taxes | 67/77 | €3,101 | €3,197 | +€96 | +3.1% |
| Profit (loss) for the period | 9904 | €8,279 | €8,782 | +€504 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,279 | €8,782 | +€504 | +6.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.