GEVEKE PROCESS TECHNOLOGY: 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.
GEVEKE PROCESS TECHNOLOGY
Largest movements
- Receivables within one year -€1.8m
down €1.8m (-57.6%), from €3.2m to €1.4m
of which Trade receivables: -€2.0m
- Cash +€1.6m
up €1.6m (+194%), from €798,366 to €2.3m
mainly Receivables within one year (+€1.8m) and Net result for the year (+€789,780)
- Deferred charges and accrued income +€149,358
up €149,358 (+3,819%), from €3,911 to €153,269
- Stocks and contracts -€65,085
down €65,085 (-14.9%), from €437,892 to €372,808
- Trade debts -€355,773
down €355,773 (-36.4%), from €976,253 to €620,480
- Accrued charges and deferred income +€172,629
up €172,629 (+346%), from €49,918 to €222,548
- Profit (loss) carried forward -€70,220
down €70,220 (-3.1%), from €2.3m to €2.2m
- Other debts +€62,000
up €62,000 (+7.8%), from €798,000 to €860,000
- Gross operating margin -€257,182
down €257,182 (-14.6%), from €1.8m to €1.5m
- Taxes -€80,307
down €80,307 (-23.0%), from €348,596 to €268,289
- Write-downs +€46,234
up €46,234 (+68.9%), from -€67,085 to -€20,850
- Financial income -€26,867
down €26,867 (-42.3%), from €63,531 to €36,665
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 | €4,453,656 | €4,241,489 | -€212,166 | -4.8% |
| Fixed assets | 21/28 | €2,000 | €3,211 | +€1,211 | +60.6% |
| Tangible fixed assets | 22/27 | €2,000 | €3,211 | +€1,211 | +60.6% |
| Other tangible fixed assets | 26 | €2,000 | €3,211 | +€1,211 | +60.6% |
| Current assets | 29/58 | €4,451,656 | €4,238,278 | -€213,378 | -4.8% |
| Stocks and contracts in progress | 3 | €437,892 | €372,808 | -€65,085 | -14.9% |
| Stocks | 30/36 | €437,892 | €372,808 | -€65,085 | -14.9% |
| Amounts receivable within one year | 40/41 | €3,211,486 | €1,363,013 | -€1.8m | -57.6% |
| Trade receivables | 40 | €3,188,615 | €1,204,599 | -€2.0m | -62.2% |
| Other amounts receivable | 41 | €22,871 | €158,414 | +€135,543 | +593% |
| Cash at bank and in hand | 54/58 | €798,366 | €2,349,189 | +€1.6m | +194% |
| Deferred charges and accrued income | 490/1 | €3,911 | €153,269 | +€149,358 | +3,819% |
| Total equity and liabilities | 10/49 | €4,453,656 | €4,241,489 | -€212,166 | -4.8% |
| Equity | 10/15 | €2,412,790 | €2,342,570 | -€70,220 | -2.9% |
| Contributions | 10/11 | €117,000 | €117,000 | = | 0.0% |
| Capital | 10 | €117,000 | €117,000 | = | 0.0% |
| Issued capital | 100 | €117,000 | €117,000 | = | 0.0% |
| Reserves | 13 | €11,700 | €11,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,700 | €11,700 | = | 0.0% |
| Legal reserve | 130 | €11,700 | €11,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,284,090 | €2,213,870 | -€70,220 | -3.1% |
| Amounts payable | 17/49 | €2,040,866 | €1,898,919 | -€141,946 | -7.0% |
| Amounts payable within one year | 42/48 | €1,990,947 | €1,676,372 | -€314,576 | -15.8% |
| Trade debts | 44 | €976,253 | €620,480 | -€355,773 | -36.4% |
| Suppliers | 440/4 | €976,253 | €620,480 | -€355,773 | -36.4% |
| Taxes, remuneration and social security | 45 | €216,694 | €195,892 | -€20,802 | -9.6% |
| Taxes | 450/3 | €131,151 | €96,553 | -€34,597 | -26.4% |
| Remuneration and social security | 454/9 | €85,543 | €99,338 | +€13,795 | +16.1% |
| Other amounts payable | 47/48 | €798,000 | €860,000 | +€62,000 | +7.8% |
| Accrued charges and deferred income | 492/3 | €49,918 | €222,548 | +€172,629 | +346% |
| Remuneration, social security and pensions | 62 | €494,822 | €488,037 | -€6,785 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,321 | €2,261 | -€2,060 | -47.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€67,085 | -€20,850 | +€46,234 | +68.9% |
| Other operating charges | 640/8 | €1,081 | €612 | -€469 | -43.4% |
| Gross operating margin | 9900 | €1,762,698 | €1,505,516 | -€257,182 | -14.6% |
| Operating profit (loss) | 9901 | €1,329,558 | €1,035,456 | -€294,102 | -22.1% |
| Financial income | 75/76B | €63,531 | €36,665 | -€26,867 | -42.3% |
| Recurring financial income | 75 | €63,531 | €36,665 | -€26,867 | -42.3% |
| Financial charges | 65/66B | €12,483 | €14,051 | +€1,568 | +12.6% |
| Recurring financial charges | 65 | €12,483 | €14,051 | +€1,568 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €1,380,607 | €1,058,069 | -€322,537 | -23.4% |
| Income taxes | 67/77 | €348,596 | €268,289 | -€80,307 | -23.0% |
| Profit (loss) for the period | 9904 | €1,032,011 | €789,780 | -€242,231 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,032,011 | €789,780 | -€242,231 | -23.5% |
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 25 October 2026 via checked.be.