TOON GEVAERT: 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.
What changed
TOON GEVAERT
NACE 74.301, Translation services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€183,495
2024 · €221,681-€38,186
Equity
€1.2m
2024 · €1.1m+€97,851
Cash
€246,790
2024 · €340,700-€93,910
Balance sheet total
€1.8m
2024 · €1.9m-€69,146
Largest movements
Assets
- Cash -€93,910
down €93,910 (-27.6%), from €340,700 to €246,790
mainly Other debts (-€92,440) and Contributions, distributions and other (-€85,645)
Equity and liabilities
- Reserves +€97,851
up €97,851 (+9.4%), from €1.0m to €1.1m
of which Distributable reserves: +€97,851
- Other debts -€92,440
down €92,440 (-46.9%), from €196,936 to €104,497
- Debts after one year -€64,927
down €64,927 (-13.6%), from €476,326 to €411,399
- Tax, wage and social debts -€21,180
down €21,180 (-65.1%), from €32,558 to €11,379
of which Taxes: -€21,180
- Current portion of long-term debt +€19,119
up €19,119 (+41.7%), from €45,808 to €64,927
Income statement
- Gross operating margin -€39,531
down €39,531 (-10.9%), from €362,638 to €323,107
- Financial income -€21,382
down €21,382 (-57.7%), from €37,071 to €15,689
- Taxes -€20,777
down €20,777 (-20.9%), from €99,268 to €78,491
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.
Result 2024
€221,681
Gross operating margin
-€39,531
Depreciation
+€343
Other operating charges
+€371
Financial income
-€21,382
Financial charges
+€1,236
Taxes
+€20,777
Result 2025
€183,495
raises the resultlowers the result
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.
From operations
+€114,869
Investment
-€79,662
Financing
-€129,117
Cash 2024
€340,700
From operations (derived)
+€114,869
Net result for the year
+€183,495
Depreciation
+€59,399
Receivables within one year
-€7,035
Deferred charges and accrued income
+€2,534
Trade debts
-€11,345
Tax, wage and social debts
-€21,180
Other debts
-€92,440
Accrued charges and deferred income
+€1,440
Investment (derived)
-€79,662
Investment in fixed assets (net)
-€64,297
Current investments
-€15,365
Financing
-€129,117
Debts after one year
-€64,927
Current portion of long-term debt
+€19,119
Short-term financial debts
+€2,336
Contributions, distributions and other
-€85,645
Cash 2025
€246,790
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,866,668 | €1,797,522 | -€69,146 | -3.7% |
| Fixed assets | 21/28 | €446,668 | €451,566 | +€4,898 | +1.1% |
| Intangible fixed assets | 21 | €169 | €29 | -€140 | -82.8% |
| Tangible fixed assets | 22/27 | €446,499 | €451,537 | +€5,038 | +1.1% |
| Land and buildings | 22 | €417,975 | €425,401 | +€7,426 | +1.8% |
| Plant, machinery and equipment | 23 | €98 | €5,775 | +€5,677 | +5,822% |
| Furniture and vehicles | 24 | €11,387 | €6,730 | -€4,657 | -40.9% |
| Other tangible fixed assets | 26 | €17,040 | €13,631 | -€3,409 | -20.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,420,000 | €1,345,956 | -€74,044 | -5.2% |
| Amounts receivable within one year | 40/41 | €81,025 | €88,061 | +€7,035 | +8.7% |
| Trade receivables | 40 | €80,974 | €73,323 | -€7,650 | -9.4% |
| Other amounts receivable | 41 | €52 | €14,738 | +€14,686 | +28,329% |
| Current investments | 50/53 | €992,455 | €1,007,820 | +€15,365 | +1.5% |
| Cash at bank and in hand | 54/58 | €340,700 | €246,790 | -€93,910 | -27.6% |
| Deferred charges and accrued income | 490/1 | €5,820 | €3,285 | -€2,534 | -43.5% |
| Total equity and liabilities | 10/49 | €1,866,668 | €1,797,522 | -€69,146 | -3.7% |
| Equity | 10/15 | €1,059,960 | €1,157,810 | +€97,851 | +9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,041,360 | €1,139,210 | +€97,851 | +9.4% |
| Tax-exempt reserves | 132 | €40 | €40 | = | 0.0% |
| Distributable reserves | 133 | €1,041,320 | €1,139,171 | +€97,851 | +9.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €14,556 | €14,556 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €14,556 | €14,556 | = | 0.0% |
| Major repairs and maintenance | 162 | €14,556 | €14,556 | = | 0.0% |
| Amounts payable | 17/49 | €792,153 | €625,156 | -€166,996 | -21.1% |
| Amounts payable after more than one year | 17 | €476,326 | €411,399 | -€64,927 | -13.6% |
| Financial debts | 170/4 | €476,326 | €411,399 | -€64,927 | -13.6% |
| Amounts payable within one year | 42/48 | €313,696 | €210,186 | -€103,509 | -33.0% |
| Current portion of amounts payable after more than one year | 42 | €45,808 | €64,927 | +€19,119 | +41.7% |
| Financial debts | 43 | €0 | €2,336 | +€2,336 | |
| Credit institutions | 430/8 | €0 | €2,336 | +€2,336 | |
| Trade debts | 44 | €38,393 | €27,048 | -€11,345 | -29.5% |
| Suppliers | 440/4 | €38,393 | €27,048 | -€11,345 | -29.5% |
| Taxes, remuneration and social security | 45 | €32,558 | €11,379 | -€21,180 | -65.1% |
| Taxes | 450/3 | €32,558 | €11,379 | -€21,180 | -65.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €196,936 | €104,497 | -€92,440 | -46.9% |
| Accrued charges and deferred income | 492/3 | €2,131 | €3,571 | +€1,440 | +67.6% |
| Non-recurring operating income | 76A | €2,474 | - | -€2,474 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,741 | €59,399 | -€343 | -0.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €7,483 | €7,112 | -€371 | -5.0% |
| Gross operating margin | 9900 | €362,638 | €323,107 | -€39,531 | -10.9% |
| Operating profit (loss) | 9901 | €295,413 | €256,596 | -€38,817 | -13.1% |
| Financial income | 75/76B | €37,071 | €15,689 | -€21,382 | -57.7% |
| Recurring financial income | 75 | €37,071 | €15,689 | -€21,382 | -57.7% |
| Financial charges | 65/66B | €11,536 | €10,300 | -€1,236 | -10.7% |
| Recurring financial charges | 65 | €11,536 | €10,300 | -€1,236 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €320,949 | €261,986 | -€58,963 | -18.4% |
| Income taxes | 67/77 | €99,268 | €78,491 | -€20,777 | -20.9% |
| Profit (loss) for the period | 9904 | €221,681 | €183,495 | -€38,186 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €221,681 | €183,495 | -€38,186 | -17.2% |
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 24 October 2026 via checked.be.