GEWIGRO: 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.
GEWIGRO
Largest movements
- Receivables within one year +€20,468
up €20,468 (+235.7%), from €8,682 to €29,150
of which Trade receivables: +€20,640
- Cash -€18,708
down €18,708 (-19.5%), from €96,013 to €77,305
mainly Trade debts (-€25,149) and Receivables within one year (-€20,468)
- Tangible fixed assets -€1,974
no longer reported in 2025 (was €1,974)
- Deferred charges and accrued income +€1,381
up €1,381 (+36.2%), from €3,811 to €5,193
- Other debts +€30,108
up €30,108 (+44.0%), from €68,395 to €98,502
- Trade debts -€25,149
down €25,149 (-99.2%), from €25,360 to €211
- Profit (loss) carried forward -€4,883
down €4,883 (-587.7%), from -€831 to -€5,714
- Gross operating margin -€5,440
down €5,440, from €4,085 to -€1,355
- Financial charges -€250
down €250 (-21.0%), from €1,190 to €940
- Taxes +€93
up €93 (+5946.5%), from €2 to €95
- Depreciation -€68
down €68 (-3.3%), from €2,042 to €1,974
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 | €112,924 | €112,999 | +€75 | +0.1% |
| Fixed assets | 21/28 | €2,785 | €811 | -€1,974 | -70.9% |
| Tangible fixed assets | 22/27 | €1,974 | - | -€1,974 | |
| Plant, machinery and equipment | 23 | €1,974 | - | -€1,974 | |
| Financial fixed assets | 28 | €811 | €811 | = | 0.0% |
| Current assets | 29/58 | €110,139 | €112,188 | +€2,049 | +1.9% |
| Stocks and contracts in progress | 3 | €1,632 | €540 | -€1,092 | -66.9% |
| Stocks | 30/36 | €1,632 | €540 | -€1,092 | -66.9% |
| Amounts receivable within one year | 40/41 | €8,682 | €29,150 | +€20,468 | +235.7% |
| Trade receivables | 40 | €5,508 | €26,147 | +€20,640 | +374.8% |
| Other amounts receivable | 41 | €3,175 | €3,003 | -€172 | -5.4% |
| Cash at bank and in hand | 54/58 | €96,013 | €77,305 | -€18,708 | -19.5% |
| Deferred charges and accrued income | 490/1 | €3,811 | €5,193 | +€1,381 | +36.2% |
| Total equity and liabilities | 10/49 | €112,924 | €112,999 | +€75 | +0.1% |
| Equity | 10/15 | €19,169 | €14,286 | -€4,883 | -25.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€831 | -€5,714 | -€4,883 | -587.7% |
| Amounts payable | 17/49 | €93,755 | €98,713 | +€4,958 | +5.3% |
| Amounts payable within one year | 42/48 | €93,755 | €98,713 | +€4,958 | +5.3% |
| Trade debts | 44 | €25,360 | €211 | -€25,149 | -99.2% |
| Suppliers | 440/4 | €25,360 | €211 | -€25,149 | -99.2% |
| Other amounts payable | 47/48 | €68,395 | €98,502 | +€30,108 | +44.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,042 | €1,974 | -€68 | -3.3% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €4,085 | -€1,355 | -€5,440 | |
| Operating profit (loss) | 9901 | €1,538 | -€3,848 | -€5,386 | |
| Financial charges | 65/66B | €1,190 | €940 | -€250 | -21.0% |
| Recurring financial charges | 65 | €1,190 | €940 | -€250 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €348 | -€4,788 | -€5,136 | |
| Income taxes | 67/77 | €2 | €95 | +€93 | +5946.5% |
| Profit (loss) for the period | 9904 | €347 | -€4,883 | -€5,230 | |
| Profit (loss) for the period to be appropriated | 9905 | €347 | -€4,883 | -€5,230 |
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 2 October 2026 via checked.be.