GEVANO: 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.
GEVANO
Largest movements
- Cash +€9,247
up €9,247 (+65.6%), from €14,100 to €23,347
mainly Net result for the year (+€11,802) and Depreciation (+€9,350)
- Receivables within one year +€8,295
new in 2022: €8,295
- Tangible fixed assets -€3,214
down €3,214 (-3.4%), from €94,619 to €91,405
of which Land and buildings: -€4,982
- Reserves +€11,802
up €11,802 (+27.1%), from €43,520 to €55,321
of which Distributable reserves: +€13,937
- Tax, wage and social debts +€3,743
new in 2022: €3,743
- Gross operating margin +€9,688
up €9,688 (+46.4%), from €20,873 to €30,561
- Taxes +€3,743
new in 2022: €3,743
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,718 | €123,047 | +€14,328 | +13.2% |
| Fixed assets | 21/28 | €94,619 | €91,405 | -€3,214 | -3.4% |
| Tangible fixed assets | 22/27 | €94,619 | €91,405 | -€3,214 | -3.4% |
| Land and buildings | 22 | €68,245 | €63,263 | -€4,982 | -7.3% |
| Plant, machinery and equipment | 23 | €25,936 | €28,004 | +€2,068 | +8.0% |
| Furniture and vehicles | 24 | €438 | €138 | -€300 | -68.4% |
| Current assets | 29/58 | €14,100 | €31,642 | +€17,542 | +124.4% |
| Amounts receivable within one year | 40/41 | - | €8,295 | +€8,295 | |
| Other amounts receivable | 41 | - | €8,295 | +€8,295 | |
| Cash at bank and in hand | 54/58 | €14,100 | €23,347 | +€9,247 | +65.6% |
| Total equity and liabilities | 10/49 | €108,718 | €123,047 | +€14,328 | +13.2% |
| Equity | 10/15 | €105,020 | €116,821 | +€11,802 | +11.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €43,520 | €55,321 | +€11,802 | +27.1% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,033 | €19,897 | -€2,136 | -9.7% |
| Distributable reserves | 133 | €15,337 | €29,274 | +€13,937 | +90.9% |
| Amounts payable | 17/49 | €3,699 | €6,226 | +€2,527 | +68.3% |
| Amounts payable within one year | 42/48 | €3,109 | €6,226 | +€3,117 | +100.3% |
| Trade debts | 44 | €455 | €182 | -€273 | -60.0% |
| Suppliers | 440/4 | €455 | €182 | -€273 | -60.0% |
| Taxes, remuneration and social security | 45 | - | €3,743 | +€3,743 | |
| Taxes | 450/3 | - | €3,743 | +€3,743 | |
| Other amounts payable | 47/48 | €2,653 | €2,300 | -€353 | -13.3% |
| Accrued charges and deferred income | 492/3 | €590 | - | -€590 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,324 | €9,350 | +€26 | +0.3% |
| Other operating charges | 640/8 | €5,753 | €5,868 | +€114 | +2.0% |
| Gross operating margin | 9900 | €20,873 | €30,561 | +€9,688 | +46.4% |
| Operating profit (loss) | 9901 | €5,795 | €15,343 | +€9,548 | +164.7% |
| Financial income | 75/76B | €0 | €274 | +€274 | +2737300.0% |
| Recurring financial income | 75 | €0 | €274 | +€274 | +2737300.0% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.9% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €5,729 | €15,545 | +€9,816 | +171.3% |
| Income taxes | 67/77 | - | €3,743 | +€3,743 | |
| Profit (loss) for the period | 9904 | €5,729 | €11,802 | +€6,073 | +106.0% |
| Transfer from tax-exempt reserves | 789 | €2,136 | €2,136 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,864 | €13,937 | +€6,073 | +77.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.