GEVHER DECORATION: what changed
What changed
GEVHER DECORATION
NACE 47.530, Retail trade
filed annual accounts (NBB)
Net result for the year
€6,923
2024 · €13,999-€7,076
Equity
€107,610
2024 · €100,687+€6,923
Cash
€47,421
2024 · €45,271+€2,150
Balance sheet total
€241,211
2024 · €226,691+€14,521
Largest movements
Assets
- Stocks and contracts +€12,736
up €12,736 (+7.4%), from €172,380 to €185,116
Equity and liabilities
- Other debts +€9,674
up €9,674 (+9.6%), from €100,702 to €110,376
- Reserves +€6,923
up €6,923 (+8.4%), from €82,087 to €89,010
Income statement
- Gross operating margin -€7,112
down €7,112 (-25.7%), from €27,629 to €20,517
- Purchases and services +€4,237
up €4,237 (+2.0%), from €213,695 to €217,932
- Financial charges -€1,896
down €1,896 (-18.5%), from €10,236 to €8,341
- Taxes +€1,772
up €1,772 (+108%), from €1,636 to €3,408
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€13,999
Gross operating margin
-€7,112
Other operating charges
-€5
Financial income
-€82
Financial charges
+€1,896
Taxes
-€1,772
Result 2025
€6,923
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2,150
Investment
€0
Financing
€0
Cash 2024
€45,271
From operations (derived)
+€2,150
Net result for the year
+€6,923
Depreciation
+€1,133
Stocks and contracts
-€12,736
Deferred charges and accrued income
-€767
Trade debts
-€346
Tax, wage and social debts
-€1,730
Other debts
+€9,674
Cash 2025
€47,421
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,691 | €241,211 | +€14,521 | +6.4% |
| Fixed assets | 21/28 | €7,646 | €6,513 | -€1,133 | -14.8% |
| Tangible fixed assets | 22/27 | €7,646 | €6,513 | -€1,133 | -14.8% |
| Plant, machinery and equipment | 23 | €7,486 | €6,513 | -€973 | -13.0% |
| Furniture and vehicles | 24 | €160 | - | -€160 | |
| Current assets | 29/58 | €219,045 | €234,698 | +€15,654 | +7.1% |
| Stocks and contracts in progress | 3 | €172,380 | €185,116 | +€12,736 | +7.4% |
| Stocks | 30/36 | €172,380 | €185,116 | +€12,736 | +7.4% |
| Cash at bank and in hand | 54/58 | €45,271 | €47,421 | +€2,150 | +4.7% |
| Deferred charges and accrued income | 490/1 | €1,394 | €2,161 | +€767 | +55.0% |
| Total equity and liabilities | 10/49 | €226,691 | €241,211 | +€14,521 | +6.4% |
| Equity | 10/15 | €100,687 | €107,610 | +€6,923 | +6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,087 | €89,010 | +€6,923 | +8.4% |
| Distributable reserves | 133 | €82,087 | €89,010 | +€6,923 | +8.4% |
| Amounts payable | 17/49 | €126,004 | €133,601 | +€7,598 | +6.0% |
| Amounts payable within one year | 42/48 | €126,004 | €133,601 | +€7,598 | +6.0% |
| Trade debts | 44 | €7,093 | €6,747 | -€346 | -4.9% |
| Suppliers | 440/4 | €7,093 | €6,747 | -€346 | -4.9% |
| Taxes, remuneration and social security | 45 | €18,208 | €16,479 | -€1,730 | -9.5% |
| Taxes | 450/3 | €14,508 | €10,779 | -€3,730 | -25.7% |
| Remuneration and social security | 454/9 | €3,700 | €5,700 | +€2,000 | +54.1% |
| Other amounts payable | 47/48 | €100,702 | €110,376 | +€9,674 | +9.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €213,695 | €217,932 | +€4,237 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,133 | €1,133 | = | 0.0% |
| Other operating charges | 640/8 | €856 | €861 | +€5 | +0.6% |
| Gross operating margin | 9900 | €27,629 | €20,517 | -€7,112 | -25.7% |
| Operating profit (loss) | 9901 | €25,641 | €18,523 | -€7,117 | -27.8% |
| Financial income | 75/76B | €231 | €148 | -€82 | -35.7% |
| Recurring financial income | 75 | €231 | €148 | -€82 | -35.7% |
| Financial charges | 65/66B | €10,236 | €8,341 | -€1,896 | -18.5% |
| Recurring financial charges | 65 | €10,236 | €8,341 | -€1,896 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €15,635 | €10,331 | -€5,304 | -33.9% |
| Income taxes | 67/77 | €1,636 | €3,408 | +€1,772 | +108% |
| Profit (loss) for the period | 9904 | €13,999 | €6,923 | -€7,076 | -50.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,999 | €6,923 | -€7,076 | -50.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.