GVE advocaat: 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.
GVE advocaat
Largest movements
- Cash +€5,676
up €5,676 (+22.1%), from €25,714 to €31,390
mainly Net result for the year (+€7,388) and Other debts (+€3,191)
- Deferred charges and accrued income +€1,558
new in 2025: €1,558
- Tangible fixed assets +€528
up €528 (+89.9%), from €588 to €1,116
- Reserves +€7,388
up €7,388 (+45.3%), from €16,297 to €23,685
- Other debts +€3,191
up €3,191 (+89.0%), from €3,585 to €6,776
- Tax, wage and social debts -€2,036
down €2,036 (-51.9%), from €3,920 to €1,885
- Trade debts -€780
down €780 (-47.3%), from €1,649 to €869
- Gross operating margin -€7,237
down €7,237 (-32.4%), from €22,370 to €15,133
- Taxes -€508
down €508 (-10.1%), from €5,008 to €4,500
- Other operating charges +€452
up €452 (+383%), from €118 to €570
- Staff costs +€391
up €391 (+23.4%), from €1,671 to €2,062
- Depreciation +€383
up €383 (+1,869%), from €20 to €404
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 | €26,452 | €34,215 | +€7,763 | +29.3% |
| Fixed assets | 21/28 | €738 | €1,266 | +€528 | +71.6% |
| Tangible fixed assets | 22/27 | €588 | €1,116 | +€528 | +89.9% |
| Plant, machinery and equipment | 23 | €588 | €1,116 | +€528 | +89.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €25,714 | €32,949 | +€7,234 | +28.1% |
| Cash at bank and in hand | 54/58 | €25,714 | €31,390 | +€5,676 | +22.1% |
| Deferred charges and accrued income | 490/1 | - | €1,558 | +€1,558 | |
| Total equity and liabilities | 10/49 | €26,452 | €34,215 | +€7,763 | +29.3% |
| Equity | 10/15 | €17,297 | €24,685 | +€7,388 | +42.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €16,297 | €23,685 | +€7,388 | +45.3% |
| Distributable reserves | 133 | €16,297 | €23,685 | +€7,388 | +45.3% |
| Amounts payable | 17/49 | €9,154 | €9,529 | +€375 | +4.1% |
| Amounts payable within one year | 42/48 | €9,154 | €9,529 | +€375 | +4.1% |
| Trade debts | 44 | €1,649 | €869 | -€780 | -47.3% |
| Suppliers | 440/4 | €1,649 | €869 | -€780 | -47.3% |
| Taxes, remuneration and social security | 45 | €3,920 | €1,885 | -€2,036 | -51.9% |
| Taxes | 450/3 | €3,920 | €1,885 | -€2,036 | -51.9% |
| Other amounts payable | 47/48 | €3,585 | €6,776 | +€3,191 | +89.0% |
| Remuneration, social security and pensions | 62 | €1,671 | €2,062 | +€391 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20 | €404 | +€383 | +1,869% |
| Other operating charges | 640/8 | €118 | €570 | +€452 | +383% |
| Gross operating margin | 9900 | €22,370 | €15,133 | -€7,237 | -32.4% |
| Operating profit (loss) | 9901 | €20,561 | €12,097 | -€8,464 | -41.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €190 | €210 | +€20 | +10.5% |
| Recurring financial charges | 65 | €190 | €210 | +€20 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €20,371 | €11,887 | -€8,483 | -41.6% |
| Income taxes | 67/77 | €5,008 | €4,500 | -€508 | -10.1% |
| Profit (loss) for the period | 9904 | €15,363 | €7,388 | -€7,975 | -51.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,363 | €7,388 | -€7,975 | -51.9% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.