GEWA: 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.
GEWA
Largest movements
- Cash -€1,854
down €1,854 (-65.0%), from €2,853 to €999
mainly Net result for the year (-€1,854)
- Reserves -€1,854
down €1,854 (-13.7%), from €13,557 to €11,703
- Other operating charges +€237
up €237 (+52.8%), from €449 to €687
- Gross operating margin +€86
up €86 (+7.1%), from -€1,220 to -€1,133
- Financial charges -€19
down €19 (-35.4%), from €52 to €34
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 | €44,557 | €42,703 | -€1,854 | -4.2% |
| Current assets | 29/58 | €44,557 | €42,703 | -€1,854 | -4.2% |
| Amounts receivable within one year | 40/41 | €41,704 | €41,704 | = | 0.0% |
| Other amounts receivable | 41 | €41,704 | €41,704 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,853 | €999 | -€1,854 | -65.0% |
| Total equity and liabilities | 10/49 | €44,557 | €42,703 | -€1,854 | -4.2% |
| Equity | 10/15 | €39,557 | €37,703 | -€1,854 | -4.7% |
| Contributions | 10/11 | €26,000 | €26,000 | = | 0.0% |
| Reserves | 13 | €13,557 | €11,703 | -€1,854 | -13.7% |
| Distributable reserves | 133 | €13,557 | €11,703 | -€1,854 | -13.7% |
| Amounts payable | 17/49 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,000 | €5,000 | = | 0.0% |
| Other amounts payable | 47/48 | €5,000 | €5,000 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €687 | +€237 | +52.8% |
| Gross operating margin | 9900 | -€1,220 | -€1,133 | +€86 | +7.1% |
| Operating profit (loss) | 9901 | -€1,669 | -€1,820 | -€151 | -9.1% |
| Financial charges | 65/66B | €52 | €34 | -€19 | -35.4% |
| Recurring financial charges | 65 | €52 | €34 | -€19 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,721 | -€1,854 | -€133 | -7.7% |
| Profit (loss) for the period | 9904 | -€1,721 | -€1,854 | -€133 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,721 | -€1,854 | -€133 | -7.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.