GEVACO: 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.
GEVACO
Largest movements
- Receivables within one year -€319,125
no longer reported in 2025 (was €319,125)
- Receivables after one year +€306,105
new in 2025: €306,105
- Debts after one year -€9,000
down €9,000 (-35.3%), from €25,500 to €16,500
- Purchases and services -€122,547
no longer reported in 2025 (was €122,547)
- Turnover -€121,500
no longer reported in 2025 (was €121,500)
- Financial charges -€13,927
down €13,927 (-85.6%), from €16,271 to €2,344
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 | €337,174 | €325,061 | -€12,113 | -3.6% |
| Current assets | 29/58 | €337,174 | €325,061 | -€12,113 | -3.6% |
| Amounts receivable after more than one year | 29 | - | €306,105 | +€306,105 | |
| Other amounts receivable | 291 | - | €306,105 | +€306,105 | |
| Stocks and contracts in progress | 3 | €14,530 | €14,530 | = | 0.0% |
| Stocks | 30/36 | €14,530 | €14,530 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €319,125 | - | -€319,125 | |
| Other amounts receivable | 41 | €319,125 | - | -€319,125 | |
| Cash at bank and in hand | 54/58 | €3,519 | €4,426 | +€907 | +25.8% |
| Total equity and liabilities | 10/49 | €337,174 | €325,061 | -€12,113 | -3.6% |
| Equity | 10/15 | €302,381 | €299,260 | -€3,120 | -1.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Revaluation surpluses | 12 | €319,262 | €319,262 | = | 0.0% |
| Reserves | 13 | €60,743 | €60,743 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,388 | €5,388 | = | 0.0% |
| Legal reserve | 130 | €5,388 | €5,388 | = | 0.0% |
| Distributable reserves | 133 | €55,355 | €55,355 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€152,624 | -€155,744 | -€3,120 | -2.0% |
| Amounts payable | 17/49 | €34,793 | €25,801 | -€8,993 | -25.8% |
| Amounts payable after more than one year | 17 | €25,500 | €16,500 | -€9,000 | -35.3% |
| Financial debts | 170/4 | €25,500 | €16,500 | -€9,000 | -35.3% |
| Amounts payable within one year | 42/48 | €9,252 | €9,300 | +€48 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €9,000 | €9,000 | = | 0.0% |
| Trade debts | 44 | - | €41 | +€41 | |
| Suppliers | 440/4 | - | €41 | +€41 | |
| Other amounts payable | 47/48 | €252 | €260 | +€7 | +3.0% |
| Accrued charges and deferred income | 492/3 | €41 | €0 | -€41 | -99.6% |
| Turnover | 70 | €121,500 | - | -€121,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €122,547 | - | -€122,547 | |
| Other operating charges | 640/8 | €1,030 | €462 | -€568 | -55.2% |
| Gross operating margin | 9900 | -€1,047 | -€314 | +€733 | +70.0% |
| Operating profit (loss) | 9901 | -€2,077 | -€776 | +€1,301 | +62.6% |
| Financial charges | 65/66B | €16,271 | €2,344 | -€13,927 | -85.6% |
| Recurring financial charges | 65 | €16,271 | €2,344 | -€13,927 | -85.6% |
| Profit (loss) for the period before taxes | 9903 | -€18,348 | -€3,120 | +€15,227 | +83.0% |
| Profit (loss) for the period | 9904 | -€18,348 | -€3,120 | +€15,227 | +83.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,348 | -€3,120 | +€15,227 | +83.0% |
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 18 October 2026 via checked.be.