GEVAN: what changed
What changed
GEVAN
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
€677,745
2024 · €605,296+€72,449
Equity
€2.1m
2024 · €1.4m+€677,745
Cash
€114,282
2024 · €28,266+€86,016
Balance sheet total
€8.1m
2024 · €7.7m+€403,859
Largest movements
Assets
- Stocks and contracts +€386,587
up €386,587 (+8.0%), from €4.8m to €5.2m
- Cash +€86,016
up €86,016 (+304%), from €28,266 to €114,282
mainly Net result for the year (+€677,745) and Debts after one year (+€538,438)
Equity and liabilities
- Profit (loss) carried forward +€677,745
up €677,745 (+53.8%), from €1.3m to €1.9m
- Debts after one year +€538,438
up €538,438 (+17.9%), from €3.0m to €3.5m
- Current portion of long-term debt -€489,851
down €489,851 (-36.6%), from €1.3m to €849,574
- Other debts -€348,772
down €348,772 (-30.8%), from €1.1m to €782,258
- Tax, wage and social debts +€171,442
up €171,442 (+42.4%), from €404,002 to €575,444
Income statement
- Gross operating margin -€162,303
down €162,303 (-12.6%), from €1.3m to €1.1m
- Write-downs -€87,044
no longer reported in 2025 (was €87,044)
- Financial income +€79,887
up €79,887 (+443,814%), from €18 to €79,905
- Financial charges -€43,614
down €43,614 (-18.2%), from €239,262 to €195,648
- Depreciation -€34,624
down €34,624 (-31.1%), from €111,219 to €76,595
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€605,296
Gross operating margin
-€162,303
Depreciation
+€34,624
Write-downs
+€87,044
Other operating charges
-€1,664
Financial income
+€79,887
Financial charges
+€43,614
Taxes
-€8,752
Result 2025
€677,745
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€39,000
Investment
-€1,571
Financing
+€48,587
Cash 2024
€28,266
From operations (derived)
+€39,000
Net result for the year
+€677,745
Depreciation
+€76,595
Stocks and contracts
-€386,587
Receivables within one year
-€6,071
Deferred charges and accrued income
-€209
Trade debts
-€145,144
Tax, wage and social debts
+€171,442
Other debts
-€348,772
Investment (derived)
-€1,571
Investment in fixed assets (net)
-€1,571
Financing
+€48,587
Debts after one year
+€538,438
Current portion of long-term debt
-€489,851
Cash 2025
€114,282
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,685,178 | €8,089,036 | +€403,859 | +5.3% |
| Fixed assets | 21/28 | €1,788,647 | €1,713,624 | -€75,023 | -4.2% |
| Tangible fixed assets | 22/27 | €1,779,647 | €1,704,624 | -€75,023 | -4.2% |
| Land and buildings | 22 | €1,774,983 | €1,699,403 | -€75,581 | -4.3% |
| Plant, machinery and equipment | 23 | €4,664 | €3,886 | -€777 | -16.7% |
| Furniture and vehicles | 24 | - | €1,335 | +€1,335 | |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €5,896,531 | €6,375,413 | +€478,882 | +8.1% |
| Amounts receivable after more than one year | 29 | €975,728 | €975,728 | = | 0.0% |
| Other amounts receivable | 291 | €975,728 | €975,728 | = | 0.0% |
| Stocks and contracts in progress | 3 | €4,846,017 | €5,232,604 | +€386,587 | +8.0% |
| Stocks | 30/36 | €4,846,017 | €5,232,604 | +€386,587 | +8.0% |
| Amounts receivable within one year | 40/41 | €45,521 | €51,592 | +€6,071 | +13.3% |
| Other amounts receivable | 41 | €45,521 | €51,592 | +€6,071 | +13.3% |
| Cash at bank and in hand | 54/58 | €28,266 | €114,282 | +€86,016 | +304% |
| Deferred charges and accrued income | 490/1 | €999 | €1,207 | +€209 | +20.9% |
| Total equity and liabilities | 10/49 | €7,685,178 | €8,089,036 | +€403,859 | +5.3% |
| Equity | 10/15 | €1,446,091 | €2,123,836 | +€677,745 | +46.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | €130,000 | €130,000 | = | 0.0% |
| Reserves | 13 | €38,264 | €38,264 | = | 0.0% |
| Distributable reserves | 133 | €38,264 | €38,264 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,259,277 | €1,937,022 | +€677,745 | +53.8% |
| Amounts payable | 17/49 | €6,239,086 | €5,965,200 | -€273,886 | -4.4% |
| Amounts payable after more than one year | 17 | €3,000,743 | €3,539,181 | +€538,438 | +17.9% |
| Financial debts | 170/4 | €3,000,743 | €3,539,181 | +€538,438 | +17.9% |
| Amounts payable within one year | 42/48 | €3,238,344 | €2,426,019 | -€812,325 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €1,339,425 | €849,574 | -€489,851 | -36.6% |
| Trade debts | 44 | €363,888 | €218,743 | -€145,144 | -39.9% |
| Suppliers | 440/4 | €363,888 | €218,743 | -€145,144 | -39.9% |
| Taxes, remuneration and social security | 45 | €404,002 | €575,444 | +€171,442 | +42.4% |
| Taxes | 450/3 | €404,002 | €575,444 | +€171,442 | +42.4% |
| Other amounts payable | 47/48 | €1,131,029 | €782,258 | -€348,772 | -30.8% |
| Non-recurring operating income | 76A | €338,084 | - | -€338,084 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,219 | €76,595 | -€34,624 | -31.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €87,044 | - | -€87,044 | |
| Other operating charges | 640/8 | €782 | €2,447 | +€1,664 | +213% |
| Gross operating margin | 9900 | €1,286,431 | €1,124,128 | -€162,303 | -12.6% |
| Operating profit (loss) | 9901 | €1,087,387 | €1,045,087 | -€42,300 | -3.9% |
| Financial income | 75/76B | €18 | €79,905 | +€79,887 | +443,814% |
| Recurring financial income | 75 | €18 | €79,905 | +€79,887 | +443,814% |
| Financial charges | 65/66B | €239,262 | €195,648 | -€43,614 | -18.2% |
| Recurring financial charges | 65 | €239,262 | €195,648 | -€43,614 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €848,143 | €929,344 | +€81,201 | +9.6% |
| Income taxes | 67/77 | €242,847 | €251,599 | +€8,752 | +3.6% |
| Profit (loss) for the period | 9904 | €605,296 | €677,745 | +€72,449 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €605,296 | €677,745 | +€72,449 | +12.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.