GEWABO: 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.
GEWABO
Largest movements
- Tangible fixed assets -€45,009
down €45,009 (-14.3%), from €314,225 to €269,216
of which Land and buildings: -€35,711
- Cash -€4,601
down €4,601 (-6.6%), from €69,864 to €65,263
mainly Debts after one year (-€16,059) and Other debts (-€14,981)
- Receivables within one year -€4,146
down €4,146 (-43.6%), from €9,511 to €5,365
of which Other amounts receivable: -€3,632
- Debts after one year -€16,059
down €16,059 (-67.5%), from €23,786 to €7,728
- Other debts -€14,981
down €14,981 (-83.2%), from €17,996 to €3,014
- Current portion of long-term debt -€14,478
down €14,478 (-47.4%), from €30,536 to €16,059
- Profit (loss) carried forward -€8,857
down €8,857 (-5.9%), from €148,915 to €140,058
- Gross operating margin -€11,199
down €11,199 (-19.7%), from €56,738 to €45,539
- Financial charges -€1,679
down €1,679 (-52.1%), from €3,226 to €1,547
- Other operating charges +€1,180
up €1,180 (+17.7%), from €6,660 to €7,840
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 | €395,355 | €342,136 | -€53,220 | -13.5% |
| Fixed assets | 21/28 | €314,225 | €269,216 | -€45,009 | -14.3% |
| Tangible fixed assets | 22/27 | €314,225 | €269,216 | -€45,009 | -14.3% |
| Land and buildings | 22 | €296,725 | €261,014 | -€35,711 | -12.0% |
| Plant, machinery and equipment | 23 | €4,657 | €3,676 | -€981 | -21.1% |
| Furniture and vehicles | 24 | €12,844 | €4,526 | -€8,318 | -64.8% |
| Current assets | 29/58 | €81,130 | €72,920 | -€8,210 | -10.1% |
| Amounts receivable within one year | 40/41 | €9,511 | €5,365 | -€4,146 | -43.6% |
| Trade receivables | 40 | €4,689 | €4,175 | -€514 | -11.0% |
| Other amounts receivable | 41 | €4,822 | €1,190 | -€3,632 | -75.3% |
| Cash at bank and in hand | 54/58 | €69,864 | €65,263 | -€4,601 | -6.6% |
| Deferred charges and accrued income | 490/1 | €1,755 | €2,292 | +€537 | +30.6% |
| Total equity and liabilities | 10/49 | €395,355 | €342,136 | -€53,220 | -13.5% |
| Equity | 10/15 | €322,529 | €313,672 | -€8,857 | -2.7% |
| Contributions | 10/11 | €146,462 | €146,462 | = | 0.0% |
| Reserves | 13 | €27,153 | €27,153 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,646 | €14,646 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,646 | €14,646 | = | 0.0% |
| Distributable reserves | 133 | €12,507 | €12,507 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,915 | €140,058 | -€8,857 | -5.9% |
| Amounts payable | 17/49 | €72,826 | €28,464 | -€44,363 | -60.9% |
| Amounts payable after more than one year | 17 | €23,786 | €7,728 | -€16,059 | -67.5% |
| Financial debts | 170/4 | €23,786 | €7,728 | -€16,059 | -67.5% |
| Amounts payable within one year | 42/48 | €49,040 | €20,736 | -€28,304 | -57.7% |
| Current portion of amounts payable after more than one year | 42 | €30,536 | €16,059 | -€14,478 | -47.4% |
| Trade debts | 44 | €508 | €1,091 | +€583 | +114.7% |
| Suppliers | 440/4 | €508 | €1,091 | +€583 | +114.7% |
| Taxes, remuneration and social security | 45 | - | €572 | +€572 | |
| Taxes | 450/3 | - | €572 | +€572 | |
| Other amounts payable | 47/48 | €17,996 | €3,014 | -€14,981 | -83.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,009 | €45,009 | = | 0.0% |
| Other operating charges | 640/8 | €6,660 | €7,840 | +€1,180 | +17.7% |
| Gross operating margin | 9900 | €56,738 | €45,539 | -€11,199 | -19.7% |
| Operating profit (loss) | 9901 | €5,068 | -€7,311 | -€12,379 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,226 | €1,547 | -€1,679 | -52.1% |
| Recurring financial charges | 65 | €3,226 | €1,547 | -€1,679 | -52.1% |
| Profit (loss) for the period before taxes | 9903 | €1,842 | -€8,857 | -€10,700 | |
| Income taxes | 67/77 | €167 | - | -€167 | |
| Profit (loss) for the period | 9904 | €1,675 | -€8,857 | -€10,532 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,675 | -€8,857 | -€10,532 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.