GEVATRANS: 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.
GEVATRANS
Largest movements
- Cash +€23,900
up €23,900 (+84.0%), from €28,439 to €52,339
mainly Net result for the year (+€20,846) and Depreciation (+€4,961)
- Tangible fixed assets -€2,677
down €2,677 (-30.4%), from €8,797 to €6,120
of which Furniture and vehicles: -€3,133
- Reserves +€20,846
up €20,846 (+41.1%), from €50,695 to €71,541
- Gross operating margin -€6,820
down €6,820 (-14.8%), from €46,195 to €39,375
- Taxes -€1,813
down €1,813 (-15.5%), from €11,680 to €9,866
- Staff costs -€1,706
down €1,706 (-78.6%), from €2,170 to €464
- Other operating charges +€1,406
up €1,406 (+99.2%), from €1,417 to €2,824
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 | €74,439 | €96,154 | +€21,716 | +29.2% |
| Fixed assets | 21/28 | €8,932 | €6,255 | -€2,677 | -30.0% |
| Tangible fixed assets | 22/27 | €8,797 | €6,120 | -€2,677 | -30.4% |
| Land and buildings | 22 | €999 | €854 | -€145 | -14.5% |
| Plant, machinery and equipment | 23 | €1,846 | €2,447 | +€601 | +32.6% |
| Furniture and vehicles | 24 | €5,952 | €2,819 | -€3,133 | -52.6% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €65,507 | €89,899 | +€24,392 | +37.2% |
| Amounts receivable within one year | 40/41 | €34,306 | €34,678 | +€372 | +1.1% |
| Trade receivables | 40 | €30,936 | €32,176 | +€1,241 | +4.0% |
| Other amounts receivable | 41 | €3,371 | €2,502 | -€869 | -25.8% |
| Cash at bank and in hand | 54/58 | €28,439 | €52,339 | +€23,900 | +84.0% |
| Deferred charges and accrued income | 490/1 | €2,762 | €2,883 | +€121 | +4.4% |
| Total equity and liabilities | 10/49 | €74,439 | €96,154 | +€21,716 | +29.2% |
| Equity | 10/15 | €58,695 | €79,541 | +€20,846 | +35.5% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €50,695 | €71,541 | +€20,846 | +41.1% |
| Distributable reserves | 133 | €50,695 | €71,541 | +€20,846 | +41.1% |
| Amounts payable | 17/49 | €15,744 | €16,614 | +€870 | +5.5% |
| Amounts payable within one year | 42/48 | €15,744 | €16,614 | +€870 | +5.5% |
| Trade debts | 44 | €7,198 | €8,005 | +€807 | +11.2% |
| Suppliers | 440/4 | €7,198 | €8,005 | +€807 | +11.2% |
| Taxes, remuneration and social security | 45 | €8,537 | €8,609 | +€71 | +0.8% |
| Taxes | 450/3 | €8,537 | €8,609 | +€71 | +0.8% |
| Other amounts payable | 47/48 | €9 | - | -€9 | |
| Remuneration, social security and pensions | 62 | €2,170 | €464 | -€1,706 | -78.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,634 | €4,961 | +€327 | +7.1% |
| Other operating charges | 640/8 | €1,417 | €2,824 | +€1,406 | +99.2% |
| Non-recurring operating charges | 66A | €428 | - | -€428 | |
| Gross operating margin | 9900 | €46,195 | €39,375 | -€6,820 | -14.8% |
| Operating profit (loss) | 9901 | €37,545 | €31,126 | -€6,419 | -17.1% |
| Financial income | 75/76B | - | €49 | +€49 | |
| Recurring financial income | 75 | - | €49 | +€49 | |
| Financial charges | 65/66B | €243 | €463 | +€219 | +90.2% |
| Recurring financial charges | 65 | €243 | €463 | +€219 | +90.2% |
| Profit (loss) for the period before taxes | 9903 | €37,302 | €30,712 | -€6,590 | -17.7% |
| Income taxes | 67/77 | €11,680 | €9,866 | -€1,813 | -15.5% |
| Profit (loss) for the period | 9904 | €25,622 | €20,846 | -€4,776 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,622 | €20,846 | -€4,776 | -18.6% |
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 26 October 2026 via checked.be.