Gevedimo: 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.
Gevedimo
Largest movements
- Receivables within one year -€181,226
down €181,226 (-44.8%), from €404,545 to €223,319
of which Trade receivables: -€195,610
- Cash +€181,027
up €181,027 (+431%), from €42,009 to €223,037
mainly Receivables within one year (+€181,226) and Depreciation (+€18,577)
- Current investments +€17,537
new in 2023: €17,537
- Tangible fixed assets -€11,457
down €11,457 (-19.9%), from €57,659 to €46,202
of which Other tangible fixed assets: -€10,787
- Stocks and contracts +€6,003
up €6,003 (+8.2%), from €73,242 to €79,245
- Profit (loss) carried forward -€295,847
down €295,847 (-90.4%), from €327,307 to €31,460
- Reserves +€292,257
up €292,257 (+578%), from €50,602 to €342,859
of which Distributable reserves: +€292,257
- Tax, wage and social debts +€11,625
up €11,625 (+16.9%), from €68,915 to €80,540
of which Taxes: +€12,658
- Debts after one year -€6,965
down €6,965 (-29.5%), from €23,608 to €16,643
- Trade debts +€6,461
up €6,461 (+7.5%), from €86,627 to €93,088
- Gross operating margin -€37,153
down €37,153 (-24.1%), from €154,429 to €117,277
- Taxes -€6,942
down €6,942 (-33.9%), from €20,450 to €13,508
- Staff costs -€6,020
down €6,020 (-8.6%), from €69,992 to €63,972
- Financial income +€4,592
new in 2023: €4,592
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €582,527 | €596,005 | +€13,479 | +2.3% |
| Fixed assets | 21/28 | €62,730 | €51,274 | -€11,457 | -18.3% |
| Tangible fixed assets | 22/27 | €57,659 | €46,202 | -€11,457 | -19.9% |
| Furniture and vehicles | 24 | €3,202 | €2,533 | -€669 | -20.9% |
| Other tangible fixed assets | 26 | €54,456 | €43,669 | -€10,787 | -19.8% |
| Financial fixed assets | 28 | €5,072 | €5,072 | = | 0.0% |
| Current assets | 29/58 | €519,796 | €544,732 | +€24,935 | +4.8% |
| Stocks and contracts in progress | 3 | €73,242 | €79,245 | +€6,003 | +8.2% |
| Stocks | 30/36 | €73,242 | €79,245 | +€6,003 | +8.2% |
| Amounts receivable within one year | 40/41 | €404,545 | €223,319 | -€181,226 | -44.8% |
| Trade receivables | 40 | €195,610 | - | -€195,610 | |
| Other amounts receivable | 41 | €208,935 | €223,319 | +€14,384 | +6.9% |
| Current investments | 50/53 | - | €17,537 | +€17,537 | |
| Cash at bank and in hand | 54/58 | €42,009 | €223,037 | +€181,027 | +431% |
| Deferred charges and accrued income | 490/1 | - | €1,595 | +€1,595 | |
| Total equity and liabilities | 10/49 | €582,527 | €596,005 | +€13,479 | +2.3% |
| Equity | 10/15 | €396,509 | €392,919 | -€3,590 | -0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,602 | €342,859 | +€292,257 | +578% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €48,743 | €341,000 | +€292,257 | +600% |
| Profit (loss) carried forward | 14 | €327,307 | €31,460 | -€295,847 | -90.4% |
| Amounts payable | 17/49 | €186,018 | €203,086 | +€17,069 | +9.2% |
| Amounts payable after more than one year | 17 | €23,608 | €16,643 | -€6,965 | -29.5% |
| Financial debts | 170/4 | €23,608 | €16,643 | -€6,965 | -29.5% |
| Amounts payable within one year | 42/48 | €162,409 | €186,443 | +€24,034 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €6,868 | €6,965 | +€97 | +1.4% |
| Trade debts | 44 | €86,627 | €93,088 | +€6,461 | +7.5% |
| Suppliers | 440/4 | €86,627 | €93,088 | +€6,461 | +7.5% |
| Taxes, remuneration and social security | 45 | €68,915 | €80,540 | +€11,625 | +16.9% |
| Taxes | 450/3 | €60,192 | €72,850 | +€12,658 | +21.0% |
| Remuneration and social security | 454/9 | €8,723 | €7,691 | -€1,032 | -11.8% |
| Other amounts payable | 47/48 | - | €5,850 | +€5,850 | |
| Remuneration, social security and pensions | 62 | €69,992 | €63,972 | -€6,020 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,838 | €18,577 | +€739 | +4.1% |
| Other operating charges | 640/8 | €3,250 | €2,307 | -€943 | -29.0% |
| Gross operating margin | 9900 | €154,429 | €117,277 | -€37,153 | -24.1% |
| Operating profit (loss) | 9901 | €63,349 | €32,421 | -€30,928 | -48.8% |
| Financial income | 75/76B | - | €4,592 | +€4,592 | |
| Recurring financial income | 75 | - | €4,592 | +€4,592 | |
| Financial charges | 65/66B | €12,573 | €12,095 | -€478 | -3.8% |
| Recurring financial charges | 65 | €12,573 | €12,095 | -€478 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €50,776 | €24,918 | -€25,858 | -50.9% |
| Income taxes | 67/77 | €20,450 | €13,508 | -€6,942 | -33.9% |
| Profit (loss) for the period | 9904 | €30,326 | €11,410 | -€18,916 | -62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,326 | €11,410 | -€18,916 | -62.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.