GEVO: 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.
GEVO
Largest movements
- Tangible fixed assets -€12,885
down €12,885 (-22.7%), from €56,811 to €43,926
of which Leasing and similar rights: -€13,146
- Receivables within one year +€10,987
up €10,987 (+41.4%), from €26,540 to €37,527
- Cash -€6,722
down €6,722 (-17.0%), from €39,600 to €32,877
mainly Debts after one year (-€13,666) and Receivables within one year (-€10,987)
- Deferred charges and accrued income -€1,563
down €1,563 (-66.0%), from €2,369 to €806
- Debts after one year -€13,666
down €13,666 (-35.4%), from €38,553 to €24,887
- Trade debts +€1,689
up €1,689 (+19.5%), from €8,648 to €10,337
- Tax, wage and social debts +€1,496
up €1,496 (+18.9%), from €7,912 to €9,408
of which Remuneration and social security: +€1,193
- Gross operating margin -€8,384
down €8,384 (-32.0%), from €26,215 to €17,831
- Depreciation +€2,299
up €2,299 (+18.9%), from €12,172 to €14,471
- Taxes -€1,028
down €1,028 (-86.9%), from €1,182 to €154
- Other operating charges +€788
up €788 (+75.6%), from €1,041 to €1,829
- Financial charges -€302
down €302 (-21.3%), from €1,416 to €1,114
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 | €125,320 | €115,137 | -€10,183 | -8.1% |
| Fixed assets | 21/28 | €56,811 | €43,926 | -€12,885 | -22.7% |
| Tangible fixed assets | 22/27 | €56,811 | €43,926 | -€12,885 | -22.7% |
| Plant, machinery and equipment | 23 | €2,375 | €1,809 | -€566 | -23.8% |
| Furniture and vehicles | 24 | €1,432 | €2,258 | +€827 | +57.7% |
| Leasing and similar rights | 25 | €53,004 | €39,859 | -€13,146 | -24.8% |
| Current assets | 29/58 | €68,509 | €71,211 | +€2,702 | +3.9% |
| Amounts receivable within one year | 40/41 | €26,540 | €37,527 | +€10,987 | +41.4% |
| Trade receivables | 40 | €26,540 | €37,527 | +€10,987 | +41.4% |
| Cash at bank and in hand | 54/58 | €39,600 | €32,877 | -€6,722 | -17.0% |
| Deferred charges and accrued income | 490/1 | €2,369 | €806 | -€1,563 | -66.0% |
| Total equity and liabilities | 10/49 | €125,320 | €115,137 | -€10,183 | -8.1% |
| Equity | 10/15 | €52,529 | €52,792 | +€264 | +0.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €33,937 | €33,937 | = | 0.0% |
| 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 | €32,078 | €32,078 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €264 | +€264 | |
| Amounts payable | 17/49 | €72,791 | €62,344 | -€10,446 | -14.4% |
| Amounts payable after more than one year | 17 | €38,553 | €24,887 | -€13,666 | -35.4% |
| Financial debts | 170/4 | €38,553 | €24,887 | -€13,666 | -35.4% |
| Amounts payable within one year | 42/48 | €34,238 | €37,458 | +€3,220 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €13,425 | €13,666 | +€241 | +1.8% |
| Trade debts | 44 | €8,648 | €10,337 | +€1,689 | +19.5% |
| Suppliers | 440/4 | €8,648 | €10,337 | +€1,689 | +19.5% |
| Taxes, remuneration and social security | 45 | €7,912 | €9,408 | +€1,496 | +18.9% |
| Taxes | 450/3 | €7,304 | €7,608 | +€304 | +4.2% |
| Remuneration and social security | 454/9 | €607 | €1,800 | +€1,193 | +196% |
| Other amounts payable | 47/48 | €4,253 | €4,047 | -€206 | -4.9% |
| Non-recurring operating income | 76A | €8,264 | €0 | -€8,264 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,172 | €14,471 | +€2,299 | +18.9% |
| Other operating charges | 640/8 | €1,041 | €1,829 | +€788 | +75.6% |
| Gross operating margin | 9900 | €26,215 | €17,831 | -€8,384 | -32.0% |
| Operating profit (loss) | 9901 | €13,002 | €1,532 | -€11,470 | -88.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,416 | €1,114 | -€302 | -21.3% |
| Recurring financial charges | 65 | €1,416 | €1,114 | -€302 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €11,586 | €418 | -€11,168 | -96.4% |
| Income taxes | 67/77 | €1,182 | €154 | -€1,028 | -86.9% |
| Profit (loss) for the period | 9904 | €10,404 | €264 | -€10,140 | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,404 | €264 | -€10,140 | -97.5% |
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 14 October 2026 via checked.be.