BVBA 2EVOLVE: 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.
BVBA 2EVOLVE
Largest movements
- Receivables within one year -€251,477
down €251,477 (-67.1%), from €374,604 to €123,127
of which Trade receivables: -€157,533
- Cash +€234,964
up €234,964 (+133.3%), from €176,280 to €411,244
mainly Receivables within one year (+€251,477) and Net result for the year (+€96,016)
- Receivables after one year +€84,855
up €84,855 (+54.7%), from €155,215 to €240,071
- Reserves +€95,183
up €95,183 (+18.5%), from €514,180 to €609,363
of which Distributable reserves: +€67,788
- Debts after one year -€66,606
down €66,606 (-4.8%), from €1.4m to €1.3m
- Revaluation surpluses +€61,005
up €61,005 (+30.8%), from €198,265 to €259,269
- Trade debts -€26,638
down €26,638 (-69.3%), from €38,444 to €11,805
- Depreciation -€90,980
down €90,980 (-70.5%), from €129,128 to €38,148
- Gross operating margin -€67,475
down €67,475 (-22.9%), from €294,777 to €227,302
- Financial charges +€16,096
up €16,096 (+40.5%), from €39,783 to €55,878
- Taxes +€8,885
up €8,885 (+26.8%), from €33,214 to €42,099
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 | €2,261,906 | €2,345,603 | +€83,697 | +3.7% |
| Fixed assets | 21/28 | €1,550,885 | €1,568,757 | +€17,872 | +1.2% |
| Tangible fixed assets | 22/27 | €1,550,885 | €1,568,757 | +€17,872 | +1.2% |
| Land and buildings | 22 | €1,153,986 | €1,112,873 | -€41,113 | -3.6% |
| Furniture and vehicles | 24 | €8,734 | €6,714 | -€2,020 | -23.1% |
| Other tangible fixed assets | 26 | €388,165 | €449,170 | +€61,005 | +15.7% |
| Current assets | 29/58 | €711,020 | €776,846 | +€65,825 | +9.3% |
| Amounts receivable after more than one year | 29 | €155,215 | €240,071 | +€84,855 | +54.7% |
| Other amounts receivable | 291 | €155,215 | €240,071 | +€84,855 | +54.7% |
| Amounts receivable within one year | 40/41 | €374,604 | €123,127 | -€251,477 | -67.1% |
| Trade receivables | 40 | €278,651 | €121,118 | -€157,533 | -56.5% |
| Other amounts receivable | 41 | €95,953 | €2,009 | -€93,944 | -97.9% |
| Cash at bank and in hand | 54/58 | €176,280 | €411,244 | +€234,964 | +133.3% |
| Deferred charges and accrued income | 490/1 | €4,920 | €2,404 | -€2,516 | -51.1% |
| Total equity and liabilities | 10/49 | €2,261,906 | €2,345,603 | +€83,697 | +3.7% |
| Equity | 10/15 | €731,045 | €887,233 | +€156,187 | +21.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €198,265 | €259,269 | +€61,005 | +30.8% |
| Reserves | 13 | €514,180 | €609,363 | +€95,183 | +18.5% |
| Tax-exempt reserves | 132 | €172,610 | €200,005 | +€27,395 | +15.9% |
| Distributable reserves | 133 | €341,570 | €409,358 | +€67,788 | +19.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,530,860 | €1,458,370 | -€72,490 | -4.7% |
| Amounts payable after more than one year | 17 | €1,380,281 | €1,313,674 | -€66,606 | -4.8% |
| Financial debts | 170/4 | €1,380,281 | €1,313,674 | -€66,606 | -4.8% |
| Amounts payable within one year | 42/48 | €147,584 | €141,777 | -€5,807 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €65,187 | €66,606 | +€1,420 | +2.2% |
| Trade debts | 44 | €38,444 | €11,805 | -€26,638 | -69.3% |
| Suppliers | 440/4 | €38,444 | €11,805 | -€26,638 | -69.3% |
| Taxes, remuneration and social security | 45 | €19,651 | €17,652 | -€1,998 | -10.2% |
| Taxes | 450/3 | €19,651 | €17,652 | -€1,998 | -10.2% |
| Other amounts payable | 47/48 | €24,302 | €45,712 | +€21,410 | +88.1% |
| Accrued charges and deferred income | 492/3 | €2,996 | €2,919 | -€77 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,128 | €38,148 | -€90,980 | -70.5% |
| Other operating charges | 640/8 | €3,315 | €3,487 | +€172 | +5.2% |
| Gross operating margin | 9900 | €294,777 | €227,302 | -€67,475 | -22.9% |
| Operating profit (loss) | 9901 | €162,334 | €185,666 | +€23,333 | +14.4% |
| Financial income | 75/76B | €5,487 | €8,327 | +€2,840 | +51.8% |
| Recurring financial income | 75 | €5,487 | €8,327 | +€2,840 | +51.8% |
| Financial charges | 65/66B | €39,783 | €55,878 | +€16,096 | +40.5% |
| Recurring financial charges | 65 | €39,783 | €55,878 | +€16,096 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | €128,038 | €138,115 | +€10,077 | +7.9% |
| Income taxes | 67/77 | €33,214 | €42,099 | +€8,885 | +26.8% |
| Profit (loss) for the period | 9904 | €94,824 | €96,016 | +€1,192 | +1.3% |
| Transfer from tax-exempt reserves | 789 | - | €14,705 | +€14,705 | |
| Transfer to tax-exempt reserves | 689 | €46,310 | €42,100 | -€4,210 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,514 | €68,621 | +€20,107 | +41.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.