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 +€60,534
up €60,534 (+177.5%), from €34,108 to €94,642
of which Trade receivables: +€71,246
- Cash +€42,905
up €42,905 (+28.3%), from €151,636 to €194,541
mainly Net result for the year (+€234,850) and Stocks and contracts (+€31,755)
- Stocks and contracts -€31,755
no longer reported in 2024 (was €31,755)
- Tangible fixed assets -€19,654
down €19,654 (-25.2%), from €77,861 to €58,207
- Deferred charges and accrued income +€5,505
new in 2024: €5,505
- Reserves +€234,850
up €234,850 (+6224.6%), from €3,773 to €238,623
- Other debts -€204,316
down €204,316 (-92.6%), from €220,541 to €16,225
- Tax, wage and social debts +€23,556
up €23,556 (+46.8%), from €50,298 to €73,854
- Gross operating margin +€95,713
up €95,713 (+40.9%), from €233,924 to €329,637
- Taxes +€26,571
up €26,571 (+54.1%), from €49,095 to €75,665
- Other operating charges -€5,596
down €5,596 (-87.1%), from €6,423 to €827
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €295,360 | €352,895 | +€57,535 | +19.5% |
| Fixed assets | 21/28 | €77,861 | €58,207 | -€19,654 | -25.2% |
| Tangible fixed assets | 22/27 | €77,861 | €58,207 | -€19,654 | -25.2% |
| Furniture and vehicles | 24 | €77,861 | €58,207 | -€19,654 | -25.2% |
| Current assets | 29/58 | €217,499 | €294,688 | +€77,189 | +35.5% |
| Stocks and contracts in progress | 3 | €31,755 | - | -€31,755 | |
| Contracts in progress | 37 | €31,755 | - | -€31,755 | |
| Amounts receivable within one year | 40/41 | €34,108 | €94,642 | +€60,534 | +177.5% |
| Trade receivables | 40 | - | €71,246 | +€71,246 | |
| Other amounts receivable | 41 | €34,108 | €23,397 | -€10,712 | -31.4% |
| Cash at bank and in hand | 54/58 | €151,636 | €194,541 | +€42,905 | +28.3% |
| Deferred charges and accrued income | 490/1 | - | €5,505 | +€5,505 | |
| Total equity and liabilities | 10/49 | €295,360 | €352,895 | +€57,535 | +19.5% |
| Equity | 10/15 | €22,373 | €257,223 | +€234,850 | +1049.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,773 | €238,623 | +€234,850 | +6224.6% |
| Distributable reserves | 133 | €3,773 | €238,623 | +€234,850 | +6224.6% |
| Amounts payable | 17/49 | €272,987 | €95,672 | -€177,315 | -65.0% |
| Amounts payable within one year | 42/48 | €272,987 | €95,211 | -€177,776 | -65.1% |
| Trade debts | 44 | €2,149 | €5,132 | +€2,984 | +138.9% |
| Suppliers | 440/4 | €2,149 | €5,132 | +€2,984 | +138.9% |
| Taxes, remuneration and social security | 45 | €50,298 | €73,854 | +€23,556 | +46.8% |
| Taxes | 450/3 | €50,298 | €73,854 | +€23,556 | +46.8% |
| Other amounts payable | 47/48 | €220,541 | €16,225 | -€204,316 | -92.6% |
| Accrued charges and deferred income | 492/3 | - | €462 | +€462 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,010 | €19,654 | +€2,644 | +15.5% |
| Other operating charges | 640/8 | €6,423 | €827 | -€5,596 | -87.1% |
| Gross operating margin | 9900 | €233,924 | €329,637 | +€95,713 | +40.9% |
| Operating profit (loss) | 9901 | €210,491 | €309,156 | +€98,665 | +46.9% |
| Financial income | 75/76B | €191 | €1,939 | +€1,749 | +917.7% |
| Recurring financial income | 75 | €191 | €1,939 | +€1,749 | +917.7% |
| Financial charges | 65/66B | €69 | €581 | +€512 | +742.4% |
| Recurring financial charges | 65 | €69 | €581 | +€512 | +742.4% |
| Profit (loss) for the period before taxes | 9903 | €210,613 | €310,515 | +€99,902 | +47.4% |
| Income taxes | 67/77 | €49,095 | €75,665 | +€26,571 | +54.1% |
| Profit (loss) for the period | 9904 | €161,518 | €234,850 | +€73,331 | +45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €161,518 | €234,850 | +€73,331 | +45.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.