GEVAERTS.NET: 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.
GEVAERTS.NET
Largest movements
- Receivables within one year +€25,830
up €25,830 (+25.3%), from €102,157 to €127,987
of which Other amounts receivable: +€13,589
- Current investments +€16,131
up €16,131 (+21.9%), from €73,567 to €89,699
- Cash -€5,347
down €5,347 (-13.7%), from €39,169 to €33,822
mainly Contributions, distributions and other (-€112,408) and Receivables within one year (-€25,830)
- Other debts +€94,264
up €94,264 (+817%), from €11,543 to €105,807
- Reserves -€63,343
down €63,343 (-29.9%), from €211,620 to €148,278
of which Distributable reserves: -€63,343
- Tax, wage and social debts +€3,899
up €3,899 (+29.6%), from €13,163 to €17,063
- Gross operating margin -€7,327
down €7,327 (-8.7%), from €84,080 to €76,753
- Financial charges +€4,229
up €4,229 (+440%), from €961 to €5,190
- Financial income +€2,434
up €2,434 (+12,169,900%), from €0 to €2,434
- Taxes -€2,037
down €2,037 (-9.5%), from €21,469 to €19,432
- Depreciation -€850
down €850 (-13.7%), from €6,200 to €5,350
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 | €248,845 | €283,756 | +€34,911 | +14.0% |
| Fixed assets | 21/28 | €33,951 | €32,248 | -€1,703 | -5.0% |
| Tangible fixed assets | 22/27 | €33,951 | €32,248 | -€1,703 | -5.0% |
| Land and buildings | 22 | €17,573 | €17,251 | -€322 | -1.8% |
| Plant, machinery and equipment | 23 | €14,062 | €10,080 | -€3,982 | -28.3% |
| Furniture and vehicles | 24 | €2,317 | €4,917 | +€2,601 | +112% |
| Current assets | 29/58 | €214,894 | €251,508 | +€36,614 | +17.0% |
| Amounts receivable within one year | 40/41 | €102,157 | €127,987 | +€25,830 | +25.3% |
| Trade receivables | 40 | €27,538 | €39,779 | +€12,241 | +44.5% |
| Other amounts receivable | 41 | €74,619 | €88,208 | +€13,589 | +18.2% |
| Current investments | 50/53 | €73,567 | €89,699 | +€16,131 | +21.9% |
| Cash at bank and in hand | 54/58 | €39,169 | €33,822 | -€5,347 | -13.7% |
| Total equity and liabilities | 10/49 | €248,845 | €283,756 | +€34,911 | +14.0% |
| Equity | 10/15 | €224,120 | €160,778 | -€63,343 | -28.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €211,620 | €148,278 | -€63,343 | -29.9% |
| 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 | €209,760 | €146,418 | -€63,343 | -30.2% |
| Amounts payable | 17/49 | €24,725 | €122,978 | +€98,253 | +397% |
| Amounts payable within one year | 42/48 | €24,725 | €122,978 | +€98,253 | +397% |
| Trade debts | 44 | €18 | €108 | +€90 | +502% |
| Suppliers | 440/4 | €18 | €108 | +€90 | +502% |
| Taxes, remuneration and social security | 45 | €13,163 | €17,063 | +€3,899 | +29.6% |
| Taxes | 450/3 | €13,163 | €17,063 | +€3,899 | +29.6% |
| Other amounts payable | 47/48 | €11,543 | €105,807 | +€94,264 | +817% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,200 | €5,350 | -€850 | -13.7% |
| Other operating charges | 640/8 | €148 | €150 | +€2 | +1.4% |
| Gross operating margin | 9900 | €84,080 | €76,753 | -€7,327 | -8.7% |
| Operating profit (loss) | 9901 | €77,733 | €71,253 | -€6,479 | -8.3% |
| Financial income | 75/76B | €0 | €2,434 | +€2,434 | +12,169,900% |
| Recurring financial income | 75 | €0 | €2,434 | +€2,434 | +12,169,900% |
| Financial charges | 65/66B | €961 | €5,190 | +€4,229 | +440% |
| Recurring financial charges | 65 | €961 | €5,190 | +€4,229 | +440% |
| Profit (loss) for the period before taxes | 9903 | €76,772 | €68,497 | -€8,274 | -10.8% |
| Income taxes | 67/77 | €21,469 | €19,432 | -€2,037 | -9.5% |
| Profit (loss) for the period | 9904 | €55,302 | €49,065 | -€6,237 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,302 | €49,065 | -€6,237 | -11.3% |
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 31 October 2026 via checked.be.