GEVANTI: 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.
GEVANTI
Largest movements
- Tangible fixed assets -€23,976
down €23,976 (-33.5%), from €71,517 to €47,541
of which Furniture and vehicles: -€15,446
- Cash -€8,059
down €8,059 (-98.2%), from €8,204 to €145
mainly Debts after one year (-€16,000) and Other debts (-€12,711)
- Receivables within one year +€5,239
up €5,239 (+13.6%), from €38,389 to €43,628
of which Trade receivables: +€8,181
- Current investments +€3,002
up €3,002 (+29.8%), from €10,059 to €13,061
- Debts after one year -€16,000
no longer reported in 2025 (was €16,000)
- Other debts -€12,711
down €12,711 (-32.1%), from €39,655 to €26,943
- Reserves +€9,250
up €9,250 (+16.9%), from €54,810 to €64,060
- Tax, wage and social debts -€3,571
down €3,571 (-27.0%), from €13,236 to €9,665
of which Taxes: -€1,790
- Trade debts -€1,463
down €1,463 (-24.1%), from €6,071 to €4,608
- Gross operating margin -€8,278
down €8,278 (-9.4%), from €87,771 to €79,493
- Staff costs -€6,075
down €6,075 (-13.3%), from €45,639 to €39,564
- Depreciation +€5,463
up €5,463 (+29.5%), from €18,513 to €23,976
- Financial charges -€2,118
down €2,118 (-82.2%), from €2,577 to €459
- Taxes -€1,211
down €1,211 (-17.9%), from €6,766 to €5,555
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.
Cash bridge derived
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 | €137,511 | €112,666 | -€24,846 | -18.1% |
| Fixed assets | 21/28 | €71,517 | €47,541 | -€23,976 | -33.5% |
| Tangible fixed assets | 22/27 | €71,517 | €47,541 | -€23,976 | -33.5% |
| Land and buildings | 22 | €3,252 | €2,589 | -€664 | -20.4% |
| Plant, machinery and equipment | 23 | €19,017 | €11,151 | -€7,866 | -41.4% |
| Furniture and vehicles | 24 | €49,247 | €33,801 | -€15,446 | -31.4% |
| Current assets | 29/58 | €65,994 | €65,125 | -€870 | -1.3% |
| Stocks and contracts in progress | 3 | €8,354 | €7,727 | -€627 | -7.5% |
| Stocks | 30/36 | €8,354 | €7,727 | -€627 | -7.5% |
| Amounts receivable within one year | 40/41 | €38,389 | €43,628 | +€5,239 | +13.6% |
| Trade receivables | 40 | €34,975 | €43,157 | +€8,181 | +23.4% |
| Other amounts receivable | 41 | €3,414 | €471 | -€2,943 | -86.2% |
| Current investments | 50/53 | €10,059 | €13,061 | +€3,002 | +29.8% |
| Cash at bank and in hand | 54/58 | €8,204 | €145 | -€8,059 | -98.2% |
| Deferred charges and accrued income | 490/1 | €988 | €563 | -€425 | -43.0% |
| Total equity and liabilities | 10/49 | €137,511 | €112,666 | -€24,846 | -18.1% |
| Equity | 10/15 | €61,060 | €70,323 | +€9,263 | +15.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €54,810 | €64,060 | +€9,250 | +16.9% |
| Distributable reserves | 133 | €54,810 | €64,060 | +€9,250 | +16.9% |
| Profit (loss) carried forward | 14 | €50 | €63 | +€13 | +26.7% |
| Amounts payable | 17/49 | €76,451 | €42,342 | -€34,109 | -44.6% |
| Amounts payable after more than one year | 17 | €16,000 | - | -€16,000 | |
| Other amounts payable | 178/9 | €16,000 | - | -€16,000 | |
| Amounts payable within one year | 42/48 | €58,962 | €41,217 | -€17,745 | -30.1% |
| Trade debts | 44 | €6,071 | €4,608 | -€1,463 | -24.1% |
| Suppliers | 440/4 | €6,071 | €4,608 | -€1,463 | -24.1% |
| Taxes, remuneration and social security | 45 | €13,236 | €9,665 | -€3,571 | -27.0% |
| Taxes | 450/3 | €2,397 | €607 | -€1,790 | -74.7% |
| Remuneration and social security | 454/9 | €10,839 | €9,059 | -€1,781 | -16.4% |
| Other amounts payable | 47/48 | €39,655 | €26,943 | -€12,711 | -32.1% |
| Accrued charges and deferred income | 492/3 | €1,489 | €1,125 | -€364 | -24.4% |
| Remuneration, social security and pensions | 62 | €45,639 | €39,564 | -€6,075 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,513 | €23,976 | +€5,463 | +29.5% |
| Other operating charges | 640/8 | €1,293 | €862 | -€431 | -33.3% |
| Gross operating margin | 9900 | €87,771 | €79,493 | -€8,278 | -9.4% |
| Operating profit (loss) | 9901 | €22,326 | €15,091 | -€7,235 | -32.4% |
| Financial income | 75/76B | €386 | €186 | -€200 | -51.7% |
| Recurring financial income | 75 | €386 | €186 | -€200 | -51.7% |
| Financial charges | 65/66B | €2,577 | €459 | -€2,118 | -82.2% |
| Recurring financial charges | 65 | €2,577 | €459 | -€2,118 | -82.2% |
| Profit (loss) for the period before taxes | 9903 | €20,135 | €14,818 | -€5,317 | -26.4% |
| Income taxes | 67/77 | €6,766 | €5,555 | -€1,211 | -17.9% |
| Profit (loss) for the period | 9904 | €13,370 | €9,263 | -€4,106 | -30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,370 | €9,263 | -€4,106 | -30.7% |
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 12 October 2026 via checked.be.