Gevavi: 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.
Gevavi
Largest movements
- Cash +€413,368
up €413,368 (+184.0%), from €224,668 to €638,036
mainly Trade debts (+€1.4m) and Net result for the year (+€309,150)
- Receivables within one year +€308,450
up €308,450 (+32.2%), from €957,032 to €1.3m
of which Other amounts receivable: +€192,012
- Stocks and contracts -€172,209
down €172,209 (-19.0%), from €906,963 to €734,755
- Tangible fixed assets -€65,626
down €65,626 (-25.3%), from €258,900 to €193,274
- Trade debts +€1.4m
up €1.4m (+283.1%), from €505,649 to €1.9m
- Other debts -€950,000
down €950,000 (-100.0%), from €950,000 to €0
- Profit (loss) carried forward +€41,338
up €41,338, from -€41,338 to €0
- Gross operating margin +€371,940
up €371,940 (+55.9%), from €664,800 to €1.0m
- Taxes +€69,326
up €69,326 (+384.4%), from €18,034 to €87,360
- Staff costs -€32,153
down €32,153 (-6.2%), from €518,073 to €485,919
- Financial income -€15,225
down €15,225 (-39.5%), from €38,582 to €23,358
- Depreciation +€13,155
up €13,155 (+22.0%), from €59,826 to €72,981
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 | €2,369,652 | €2,878,719 | +€509,066 | +21.5% |
| Fixed assets | 21/28 | €269,400 | €206,319 | -€63,080 | -23.4% |
| Tangible fixed assets | 22/27 | €258,900 | €193,274 | -€65,626 | -25.3% |
| Land and buildings | 22 | €63,282 | €49,154 | -€14,128 | -22.3% |
| Plant, machinery and equipment | 23 | €92,417 | €71,733 | -€20,684 | -22.4% |
| Furniture and vehicles | 24 | €103,202 | €72,388 | -€30,814 | -29.9% |
| Financial fixed assets | 28 | €10,500 | €13,046 | +€2,546 | +24.2% |
| Current assets | 29/58 | €2,100,253 | €2,672,399 | +€572,147 | +27.2% |
| Stocks and contracts in progress | 3 | €906,963 | €734,755 | -€172,209 | -19.0% |
| Stocks | 30/36 | €906,963 | €734,755 | -€172,209 | -19.0% |
| Amounts receivable within one year | 40/41 | €957,032 | €1,265,482 | +€308,450 | +32.2% |
| Trade receivables | 40 | €938,908 | €1,055,346 | +€116,438 | +12.4% |
| Other amounts receivable | 41 | €18,124 | €210,136 | +€192,012 | +1059.4% |
| Cash at bank and in hand | 54/58 | €224,668 | €638,036 | +€413,368 | +184.0% |
| Deferred charges and accrued income | 490/1 | €11,589 | €34,126 | +€22,537 | +194.5% |
| Total equity and liabilities | 10/49 | €2,369,652 | €2,878,719 | +€509,066 | +21.5% |
| Equity | 10/15 | €745,162 | €804,312 | +€59,150 | +7.9% |
| Contributions | 10/11 | €715,000 | €715,000 | = | 0.0% |
| Capital | 10 | €715,000 | €715,000 | = | 0.0% |
| Issued capital | 100 | €715,000 | €715,000 | = | 0.0% |
| Reserves | 13 | €71,500 | €89,312 | +€17,812 | +24.9% |
| Non-distributable reserves | 130/1 | €71,500 | €71,500 | = | 0.0% |
| Legal reserve | 130 | €71,500 | €71,500 | = | 0.0% |
| Distributable reserves | 133 | - | €17,812 | +€17,812 | |
| Profit (loss) carried forward | 14 | -€41,338 | €0 | +€41,338 | |
| Amounts payable | 17/49 | €1,624,490 | €2,074,407 | +€449,916 | +27.7% |
| Amounts payable within one year | 42/48 | €1,617,419 | €2,074,407 | +€456,988 | +28.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €505,649 | €1,937,311 | +€1.4m | +283.1% |
| Suppliers | 440/4 | €505,649 | €1,937,311 | +€1.4m | +283.1% |
| Taxes, remuneration and social security | 45 | €161,770 | €137,096 | -€24,674 | -15.3% |
| Taxes | 450/3 | €110,248 | €84,027 | -€26,221 | -23.8% |
| Remuneration and social security | 454/9 | €51,522 | €53,069 | +€1,547 | +3.0% |
| Other amounts payable | 47/48 | €950,000 | €0 | -€950,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €7,072 | €0 | -€7,072 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €518,073 | €485,919 | -€32,153 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,826 | €72,981 | +€13,155 | +22.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €1,323 | +€1,323 | |
| Other operating charges | 640/8 | €32,713 | €29,750 | -€2,963 | -9.1% |
| Gross operating margin | 9900 | €664,800 | €1,036,741 | +€371,940 | +55.9% |
| Operating profit (loss) | 9901 | €54,189 | €446,768 | +€392,579 | +724.5% |
| Financial income | 75/76B | €38,582 | €23,358 | -€15,225 | -39.5% |
| Recurring financial income | 75 | €38,582 | €23,358 | -€15,225 | -39.5% |
| Financial charges | 65/66B | €65,307 | €73,615 | +€8,308 | +12.7% |
| Recurring financial charges | 65 | €65,307 | €73,615 | +€8,308 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €27,464 | €396,510 | +€369,046 | +1343.8% |
| Income taxes | 67/77 | €18,034 | €87,360 | +€69,326 | +384.4% |
| Profit (loss) for the period | 9904 | €9,429 | €309,150 | +€299,721 | +3178.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,429 | €309,150 | +€299,721 | +3178.6% |
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 9 October 2026 via checked.be.