GEVERS COMPUTING ASSOCIATION: what changed
Two fiscal 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.
GEVERS COMPUTING ASSOCIATION
Largest movements
- Current investments -€150,000
no longer reported in 2024 (was €150,000)
- Tangible fixed assets +€25,041
up €25,041 (+224.4%), from €11,160 to €36,201
of which Furniture and vehicles: +€23,709
- Cash -€18,127
down €18,127 (-32.5%), from €55,719 to €37,592
mainly Contributions, distributions and other (-€200,000) and Investment in fixed assets (net) (-€34,350)
- Receivables within one year -€3,251
down €3,251 (-12.7%), from €25,519 to €22,268
of which Trade receivables: -€2,605
- Reserves -€172,408
down €172,408 (-66.0%), from €261,099 to €88,691
of which Distributable reserves: -€172,408
- Other debts +€20,000
new in 2024: €20,000
- Tax, wage and social debts +€3,404
new in 2024: €3,404
- Gross operating margin +€27,811
up €27,811 (+102.6%), from €27,094 to €54,905
- Taxes +€7,498
up €7,498 (+115.3%), from €6,504 to €14,002
- Depreciation +€5,455
up €5,455 (+141.5%), from €3,854 to €9,309
- Financial charges -€1,530
down €1,530 (-39.8%), from €3,846 to €2,316
- Other operating charges +€981
up €981 (+106.8%), from €918 to €1,899
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €290,368 | €141,950 | -€148,418 | -51.1% |
| Fixed assets | 21/28 | €11,160 | €36,201 | +€25,041 | +224.4% |
| Tangible fixed assets | 22/27 | €11,160 | €36,201 | +€25,041 | +224.4% |
| Plant, machinery and equipment | 23 | €1,511 | €996 | -€515 | -34.1% |
| Furniture and vehicles | 24 | €5,792 | €29,501 | +€23,709 | +409.3% |
| Other tangible fixed assets | 26 | €3,857 | €5,703 | +€1,846 | +47.9% |
| Current assets | 29/58 | €279,208 | €105,750 | -€173,458 | -62.1% |
| Amounts receivable after more than one year | 29 | €47,708 | €45,000 | -€2,708 | -5.7% |
| Other amounts receivable | 291 | €47,708 | €45,000 | -€2,708 | -5.7% |
| Amounts receivable within one year | 40/41 | €25,519 | €22,268 | -€3,251 | -12.7% |
| Trade receivables | 40 | €6,943 | €4,338 | -€2,605 | -37.5% |
| Other amounts receivable | 41 | €18,576 | €17,930 | -€646 | -3.5% |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €55,719 | €37,592 | -€18,127 | -32.5% |
| Deferred charges and accrued income | 490/1 | €262 | €890 | +€628 | +239.7% |
| Total equity and liabilities | 10/49 | €290,368 | €141,950 | -€148,418 | -51.1% |
| Equity | 10/15 | €286,106 | €113,698 | -€172,408 | -60.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €261,099 | €88,691 | -€172,408 | -66.0% |
| Non-distributable reserves | 130/1 | €2,603 | €2,603 | -€0 | 0.0% |
| Legal reserve | 130 | €2,603 | €2,603 | -€0 | 0.0% |
| Tax-exempt reserves | 132 | €1,097 | €1,098 | +€1 | 0.0% |
| Distributable reserves | 133 | €257,399 | €84,991 | -€172,408 | -67.0% |
| Profit (loss) carried forward | 14 | €7 | €7 | +€0 | +2.0% |
| Amounts payable | 17/49 | €4,262 | €28,252 | +€23,990 | +562.9% |
| Amounts payable within one year | 42/48 | €4,262 | €28,252 | +€23,990 | +562.9% |
| Trade debts | 44 | €4,262 | €4,848 | +€586 | +13.7% |
| Suppliers | 440/4 | €4,262 | €4,848 | +€586 | +13.7% |
| Taxes, remuneration and social security | 45 | - | €3,404 | +€3,404 | |
| Remuneration and social security | 454/9 | - | €3,404 | +€3,404 | |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,854 | €9,309 | +€5,455 | +141.5% |
| Other operating charges | 640/8 | €918 | €1,899 | +€981 | +106.8% |
| Gross operating margin | 9900 | €27,094 | €54,905 | +€27,811 | +102.6% |
| Operating profit (loss) | 9901 | €22,322 | €43,697 | +€21,375 | +95.8% |
| Financial income | 75/76B | €210 | €214 | +€4 | +1.7% |
| Recurring financial income | 75 | €210 | €214 | +€4 | +1.7% |
| Financial charges | 65/66B | €3,846 | €2,316 | -€1,530 | -39.8% |
| Recurring financial charges | 65 | €3,846 | €2,316 | -€1,530 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €18,686 | €41,594 | +€22,908 | +122.6% |
| Income taxes | 67/77 | €6,504 | €14,002 | +€7,498 | +115.3% |
| Profit (loss) for the period | 9904 | €12,182 | €27,592 | +€15,410 | +126.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,182 | €27,592 | +€15,410 | +126.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.