GEVA: 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.
GEVA
Largest movements
- Cash -€5,995
down €5,995 (-9.8%), from €61,332 to €55,337
mainly Net result for the year (-€3,624) and Other debts (-€2,222)
- Reserves -€3,624
down €3,624 (-11.0%), from €32,933 to €29,309
of which Distributable reserves: -€3,624
- Other debts -€2,222
down €2,222 (-10.1%), from €22,050 to €19,828
- Depreciation -€1,831
no longer reported in 2025 (was €1,831)
- Other operating charges +€511
up €511 (+76.2%), from €671 to €1,183
- Gross operating margin +€125
up €125 (+5.3%), from -€2,337 to -€2,212
- Taxes +€50
up €50 (+36.7%), from €135 to €185
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 | €61,332 | €55,337 | -€5,995 | -9.8% |
| Current assets | 29/58 | €61,332 | €55,337 | -€5,995 | -9.8% |
| Cash at bank and in hand | 54/58 | €61,332 | €55,337 | -€5,995 | -9.8% |
| Total equity and liabilities | 10/49 | €61,332 | €55,337 | -€5,995 | -9.8% |
| Equity | 10/15 | €39,133 | €35,509 | -€3,624 | -9.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,933 | €29,309 | -€3,624 | -11.0% |
| 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 | €31,073 | €27,449 | -€3,624 | -11.7% |
| Amounts payable | 17/49 | €22,199 | €19,828 | -€2,371 | -10.7% |
| Amounts payable within one year | 42/48 | €22,199 | €19,828 | -€2,371 | -10.7% |
| Trade debts | 44 | €149 | - | -€149 | |
| Suppliers | 440/4 | €149 | - | -€149 | |
| Other amounts payable | 47/48 | €22,050 | €19,828 | -€2,222 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,831 | - | -€1,831 | |
| Other operating charges | 640/8 | €671 | €1,183 | +€511 | +76.2% |
| Gross operating margin | 9900 | -€2,337 | -€2,212 | +€125 | +5.3% |
| Operating profit (loss) | 9901 | -€4,839 | -€3,395 | +€1,444 | +29.8% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,884 | -€3,440 | +€1,444 | +29.6% |
| Income taxes | 67/77 | €135 | €185 | +€50 | +36.7% |
| Profit (loss) for the period | 9904 | -€5,019 | -€3,624 | +€1,395 | +27.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,019 | -€3,624 | +€1,395 | +27.8% |
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 14 October 2026 via checked.be.