IP GEVERS B.: 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.
IP GEVERS B.
Largest movements
- Financial fixed assets +€22,825
up €22,825 (+62.5%), from €36,535 to €59,360
- Tangible fixed assets -€21,477
down €21,477 (-8.2%), from €260,458 to €238,981
of which Land and buildings: -€20,288
- Cash -€6,740
down €6,740 (-29.9%), from €22,572 to €15,832
mainly Contributions, distributions and other (-€32,996) and Investment in fixed assets (net) (-€31,234)
- Receivables within one year -€3,955
down €3,955 (-63.6%), from €6,222 to €2,267
- Debts after one year -€21,684
down €21,684 (-22.4%), from €96,832 to €75,148
- Other debts +€7,196
up €7,196 (+66.6%), from €10,800 to €17,996
- Gross operating margin -€19,222
down €19,222 (-17.7%), from €108,847 to €89,625
- Taxes -€5,671
down €5,671 (-30.9%), from €18,355 to €12,685
- Depreciation -€4,071
down €4,071 (-12.0%), from €33,957 to €29,886
- Other operating charges +€1,343
up €1,343 (+31.3%), from €4,297 to €5,640
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 | €328,130 | €318,332 | -€9,798 | -3.0% |
| Fixed assets | 21/28 | €296,993 | €298,341 | +€1,348 | +0.5% |
| Tangible fixed assets | 22/27 | €260,458 | €238,981 | -€21,477 | -8.2% |
| Land and buildings | 22 | €202,881 | €182,593 | -€20,288 | -10.0% |
| Plant, machinery and equipment | 23 | €53,539 | €52,328 | -€1,212 | -2.3% |
| Furniture and vehicles | 24 | €3,637 | €3,660 | +€23 | +0.6% |
| Other tangible fixed assets | 26 | €400 | €400 | = | 0.0% |
| Financial fixed assets | 28 | €36,535 | €59,360 | +€22,825 | +62.5% |
| Current assets | 29/58 | €31,137 | €19,992 | -€11,146 | -35.8% |
| Amounts receivable within one year | 40/41 | €6,222 | €2,267 | -€3,955 | -63.6% |
| Other amounts receivable | 41 | €6,222 | €2,267 | -€3,955 | -63.6% |
| Cash at bank and in hand | 54/58 | €22,572 | €15,832 | -€6,740 | -29.9% |
| Deferred charges and accrued income | 490/1 | €2,343 | €1,893 | -€450 | -19.2% |
| Total equity and liabilities | 10/49 | €328,130 | €318,332 | -€9,798 | -3.0% |
| Equity | 10/15 | €184,638 | €187,820 | +€3,182 | +1.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €152,213 | €155,396 | +€3,182 | +2.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €150,353 | €153,536 | +€3,182 | +2.1% |
| Profit (loss) carried forward | 14 | €20,025 | €20,025 | = | 0.0% |
| Amounts payable | 17/49 | €143,492 | €130,512 | -€12,981 | -9.0% |
| Amounts payable after more than one year | 17 | €96,832 | €75,148 | -€21,684 | -22.4% |
| Financial debts | 170/4 | €96,832 | €75,148 | -€21,684 | -22.4% |
| Amounts payable within one year | 42/48 | €46,661 | €55,364 | +€8,703 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €21,041 | €21,684 | +€642 | +3.1% |
| Trade debts | 44 | €739 | €2,576 | +€1,838 | +249% |
| Suppliers | 440/4 | €739 | €2,576 | +€1,838 | +249% |
| Taxes, remuneration and social security | 45 | €14,081 | €13,107 | -€973 | -6.9% |
| Taxes | 450/3 | €14,081 | €10,276 | -€3,804 | -27.0% |
| Remuneration and social security | 454/9 | - | €2,831 | +€2,831 | |
| Other amounts payable | 47/48 | €10,800 | €17,996 | +€7,196 | +66.6% |
| Remuneration, social security and pensions | 62 | - | €392 | +€392 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,957 | €29,886 | -€4,071 | -12.0% |
| Other operating charges | 640/8 | €4,297 | €5,640 | +€1,343 | +31.3% |
| Gross operating margin | 9900 | €108,847 | €89,625 | -€19,222 | -17.7% |
| Operating profit (loss) | 9901 | €70,593 | €53,707 | -€16,886 | -23.9% |
| Financial income | 75/76B | €533 | €513 | -€20 | -3.8% |
| Recurring financial income | 75 | €533 | €513 | -€20 | -3.8% |
| Financial charges | 65/66B | €5,234 | €5,356 | +€122 | +2.3% |
| Recurring financial charges | 65 | €5,234 | €5,356 | +€122 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €65,891 | €48,863 | -€17,028 | -25.8% |
| Income taxes | 67/77 | €18,355 | €12,685 | -€5,671 | -30.9% |
| Profit (loss) for the period | 9904 | €47,536 | €36,178 | -€11,358 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,536 | €36,178 | -€11,358 | -23.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.