GEWAPLANT: 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.
GEWAPLANT
Largest movements
- Receivables within one year -€46,395
down €46,395 (-45.3%), from €102,402 to €56,006
of which Trade receivables: -€55,495
- Current investments +€37,000
up €37,000 (+6.8%), from €541,551 to €578,551
- Cash +€36,575
up €36,575 (+51.8%), from €70,610 to €107,185
mainly Other debts (+€126,463) and Net result for the year (+€81,709)
- Tangible fixed assets +€32,593
up €32,593 (+80.5%), from €40,505 to €73,098
of which Plant, machinery and equipment: +€24,772
- Stocks and contracts -€12,870
down €12,870 (-12.5%), from €102,900 to €90,030
- Other debts +€126,463
up €126,463 (+118%), from €106,988 to €233,451
- Reserves -€62,809
down €62,809 (-12.1%), from €519,634 to €456,825
- Debts after one year +€19,925
new in 2025: €19,925
- Tax, wage and social debts -€18,085
down €18,085 (-60.6%), from €29,836 to €11,752
of which Taxes: -€19,922
- Trade debts -€17,869
down €17,869 (-38.4%), from €46,541 to €28,672
- Gross operating margin -€40,865
down €40,865 (-16.5%), from €248,037 to €207,172
- Staff costs +€17,956
up €17,956 (+28.0%), from €64,206 to €82,163
- Taxes -€16,788
down €16,788 (-38.6%), from €43,504 to €26,717
- Financial income +€12,983
up €12,983 (+1,538%), from €844 to €13,827
- Depreciation -€4,871
down €4,871 (-23.4%), from €20,808 to €15,937
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.
Derived cash bridge
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 | €857,967 | €905,822 | +€47,855 | +5.6% |
| Fixed assets | 21/28 | €40,505 | €73,098 | +€32,593 | +80.5% |
| Tangible fixed assets | 22/27 | €40,505 | €73,098 | +€32,593 | +80.5% |
| Land and buildings | 22 | €23,648 | €22,285 | -€1,363 | -5.8% |
| Plant, machinery and equipment | 23 | €7,160 | €31,933 | +€24,772 | +346% |
| Furniture and vehicles | 24 | €9,696 | €18,880 | +€9,184 | +94.7% |
| Current assets | 29/58 | €817,463 | €832,724 | +€15,262 | +1.9% |
| Stocks and contracts in progress | 3 | €102,900 | €90,030 | -€12,870 | -12.5% |
| Stocks | 30/36 | €102,900 | €90,030 | -€12,870 | -12.5% |
| Amounts receivable within one year | 40/41 | €102,402 | €56,006 | -€46,395 | -45.3% |
| Trade receivables | 40 | €92,963 | €37,468 | -€55,495 | -59.7% |
| Other amounts receivable | 41 | €9,439 | €18,539 | +€9,100 | +96.4% |
| Current investments | 50/53 | €541,551 | €578,551 | +€37,000 | +6.8% |
| Cash at bank and in hand | 54/58 | €70,610 | €107,185 | +€36,575 | +51.8% |
| Deferred charges and accrued income | 490/1 | - | €952 | +€952 | |
| Total equity and liabilities | 10/49 | €857,967 | €905,822 | +€47,855 | +5.6% |
| Equity | 10/15 | €669,634 | €606,825 | -€62,809 | -9.4% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €519,634 | €456,825 | -€62,809 | -12.1% |
| Distributable reserves | 133 | €519,634 | €456,825 | -€62,809 | -12.1% |
| Amounts payable | 17/49 | €188,333 | €298,997 | +€110,664 | +58.8% |
| Amounts payable after more than one year | 17 | - | €19,925 | +€19,925 | |
| Financial debts | 170/4 | - | €19,925 | +€19,925 | |
| Amounts payable within one year | 42/48 | €188,333 | €279,072 | +€90,739 | +48.2% |
| Current portion of amounts payable after more than one year | 42 | €4,968 | €5,198 | +€230 | +4.6% |
| Trade debts | 44 | €46,541 | €28,672 | -€17,869 | -38.4% |
| Suppliers | 440/4 | €46,541 | €28,672 | -€17,869 | -38.4% |
| Taxes, remuneration and social security | 45 | €29,836 | €11,752 | -€18,085 | -60.6% |
| Taxes | 450/3 | €24,856 | €4,934 | -€19,922 | -80.1% |
| Remuneration and social security | 454/9 | €4,980 | €6,817 | +€1,837 | +36.9% |
| Other amounts payable | 47/48 | €106,988 | €233,451 | +€126,463 | +118% |
| Non-recurring operating income | 76A | - | €14,050 | +€14,050 | |
| Remuneration, social security and pensions | 62 | €64,206 | €82,163 | +€17,956 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,808 | €15,937 | -€4,871 | -23.4% |
| Other operating charges | 640/8 | €4,328 | €4,597 | +€269 | +6.2% |
| Gross operating margin | 9900 | €248,037 | €207,172 | -€40,865 | -16.5% |
| Operating profit (loss) | 9901 | €158,695 | €104,475 | -€54,220 | -34.2% |
| Financial income | 75/76B | €844 | €13,827 | +€12,983 | +1,538% |
| Recurring financial income | 75 | €844 | €13,827 | +€12,983 | +1,538% |
| Financial charges | 65/66B | €8,634 | €9,876 | +€1,242 | +14.4% |
| Recurring financial charges | 65 | €8,634 | €9,876 | +€1,242 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €150,905 | €108,426 | -€42,479 | -28.1% |
| Income taxes | 67/77 | €43,504 | €26,717 | -€16,788 | -38.6% |
| Profit (loss) for the period | 9904 | €107,400 | €81,709 | -€25,691 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €107,400 | €81,709 | -€25,691 | -23.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.