Gevema: 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.
Gevema
Largest movements
- Receivables within one year +€21,359
up €21,359 (+17.6%), from €121,067 to €142,426
of which Other amounts receivable: +€21,359
- Cash -€2,059
down €2,059 (-98.8%), from €2,083 to €24
mainly Receivables within one year (-€21,359) and Net result for the year (-€801)
- Other debts +€19,252
up €19,252 (+16.7%), from €115,440 to €134,692
- Staff costs -€1,700
no longer reported in 2025 (was €1,700)
- Gross operating margin -€815
down €815, from €468 to -€347
- Financial charges -€47
down €47 (-46.5%), from €101 to €54
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €133,150 | €152,450 | +€19,300 | +14.5% |
| Fixed assets | 21/28 | €1,000 | €1,000 | = | 0.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €132,150 | €151,450 | +€19,300 | +14.6% |
| Stocks and contracts in progress | 3 | €9,000 | €9,000 | = | 0.0% |
| Contracts in progress | 37 | €9,000 | €9,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €121,067 | €142,426 | +€21,359 | +17.6% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €121,067 | €142,426 | +€21,359 | +17.6% |
| Cash at bank and in hand | 54/58 | €2,083 | €24 | -€2,059 | -98.8% |
| Total equity and liabilities | 10/49 | €133,150 | €152,450 | +€19,300 | +14.5% |
| Equity | 10/15 | €3,741 | €2,940 | -€801 | -21.4% |
| Contributions | 10/11 | €16,800 | €16,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,059 | -€13,860 | -€801 | -6.1% |
| Amounts payable | 17/49 | €129,410 | €149,510 | +€20,101 | +15.5% |
| Amounts payable within one year | 42/48 | €117,810 | €137,910 | +€20,101 | +17.1% |
| Trade debts | 44 | €2,370 | €3,218 | +€848 | +35.8% |
| Suppliers | 440/4 | €2,370 | €3,218 | +€848 | +35.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €115,440 | €134,692 | +€19,252 | +16.7% |
| Accrued charges and deferred income | 492/3 | €11,600 | €11,600 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,700 | - | -€1,700 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €468 | -€347 | -€815 | |
| Operating profit (loss) | 9901 | -€1,619 | -€747 | +€872 | +53.9% |
| Financial charges | 65/66B | €101 | €54 | -€47 | -46.5% |
| Recurring financial charges | 65 | €101 | €54 | -€47 | -46.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,720 | -€801 | +€919 | +53.4% |
| Profit (loss) for the period | 9904 | -€1,720 | -€801 | +€919 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,720 | -€801 | +€919 | +53.4% |
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 10 October 2026 via checked.be.