GV BERATUNGSGESELLSCHAFT: what changed
GV BERATUNGSGESELLSCHAFT
Largest movements
- Current investments +€57,482
up €57,482 (+8.7%), from €658,000 to €715,482
- Receivables within one year -€24,368
down €24,368 (-29.0%), from €84,042 to €59,674
of which Trade receivables: -€32,540
- Tangible fixed assets +€15,413
up €15,413 (+23.5%), from €65,500 to €80,913
of which Other tangible fixed assets: +€17,532
- Cash -€9,429
down €9,429 (-65.3%), from €14,449 to €5,020
mainly Current investments (-€57,482) and Investment in fixed assets (net) (-€27,167)
- Reserves +€33,489
up €33,489 (+15.4%), from €218,137 to €251,626
of which Distributable reserves: +€33,489
- Trade debts +€14,892
up €14,892 (+2,089%), from €713 to €15,605
- Advances received -€10,074
down €10,074 (-100%), from €10,074 to €0
- Gross operating margin -€19,508
down €19,508 (-26.3%), from €74,284 to €54,775
- Taxes -€7,440
down €7,440 (-31.3%), from €23,751 to €16,310
- Depreciation +€2,611
up €2,611 (+28.6%), from €9,143 to €11,754
- Financial income -€792
down €792 (-4.8%), from €16,574 to €15,782
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €825,349 | €863,319 | +€37,970 | +4.6% |
| Fixed assets | 21/28 | €65,500 | €80,913 | +€15,413 | +23.5% |
| Tangible fixed assets | 22/27 | €65,500 | €80,913 | +€15,413 | +23.5% |
| Land and buildings | 22 | €34,405 | €30,104 | -€4,301 | -12.5% |
| Furniture and vehicles | 24 | €2,950 | €5,132 | +€2,181 | +73.9% |
| Other tangible fixed assets | 26 | €28,145 | €45,677 | +€17,532 | +62.3% |
| Current assets | 29/58 | €759,849 | €782,406 | +€22,557 | +3.0% |
| Amounts receivable within one year | 40/41 | €84,042 | €59,674 | -€24,368 | -29.0% |
| Trade receivables | 40 | €74,255 | €41,716 | -€32,540 | -43.8% |
| Other amounts receivable | 41 | €9,787 | €17,958 | +€8,171 | +83.5% |
| Current investments | 50/53 | €658,000 | €715,482 | +€57,482 | +8.7% |
| Cash at bank and in hand | 54/58 | €14,449 | €5,020 | -€9,429 | -65.3% |
| Deferred charges and accrued income | 490/1 | €3,358 | €2,230 | -€1,128 | -33.6% |
| Total equity and liabilities | 10/49 | €825,349 | €863,319 | +€37,970 | +4.6% |
| Equity | 10/15 | €702,211 | €735,700 | +€33,489 | +4.8% |
| Contributions | 10/11 | €198,600 | €198,600 | = | 0.0% |
| Reserves | 13 | €218,137 | €251,626 | +€33,489 | +15.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €218,137 | €251,626 | +€33,489 | +15.4% |
| Profit (loss) carried forward | 14 | €285,474 | €285,474 | = | 0.0% |
| Amounts payable | 17/49 | €123,138 | €127,618 | +€4,481 | +3.6% |
| Amounts payable within one year | 42/48 | €123,138 | €127,618 | +€4,481 | +3.6% |
| Trade debts | 44 | €713 | €15,605 | +€14,892 | +2,089% |
| Suppliers | 440/4 | €713 | €15,605 | +€14,892 | +2,089% |
| Advances received on contracts in progress | 46 | €10,074 | €0 | -€10,074 | -100% |
| Taxes, remuneration and social security | 45 | €0 | €310 | +€310 | |
| Taxes | 450/3 | €0 | €310 | +€310 | |
| Other amounts payable | 47/48 | €112,351 | €111,704 | -€647 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,143 | €11,754 | +€2,611 | +28.6% |
| Other operating charges | 640/8 | €1,193 | €1,367 | +€174 | +14.6% |
| Gross operating margin | 9900 | €74,284 | €54,775 | -€19,508 | -26.3% |
| Operating profit (loss) | 9901 | €63,947 | €41,654 | -€22,293 | -34.9% |
| Financial income | 75/76B | €16,574 | €15,782 | -€792 | -4.8% |
| Recurring financial income | 75 | €16,574 | €15,782 | -€792 | -4.8% |
| Financial charges | 65/66B | €7,244 | €7,636 | +€393 | +5.4% |
| Recurring financial charges | 65 | €7,244 | €7,636 | +€393 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €73,278 | €49,800 | -€23,478 | -32.0% |
| Income taxes | 67/77 | €23,751 | €16,310 | -€7,440 | -31.3% |
| Profit (loss) for the period | 9904 | €49,527 | €33,489 | -€16,038 | -32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,527 | €33,489 | -€16,038 | -32.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.