Corentin Evrard: 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.
Corentin Evrard
Largest movements
- Tangible fixed assets -€10,069
down €10,069 (-26.2%), from €38,473 to €28,404
of which Furniture and vehicles: -€9,669
- Receivables within one year +€9,333
up €9,333 (+933%), from €1,000 to €10,333
of which Trade receivables: +€8,407
- Deferred charges and accrued income -€7,043
down €7,043 (-77.8%), from €9,056 to €2,012
- Cash +€3,013
up €3,013 (+53.6%), from €5,623 to €8,636
mainly Depreciation (+€10,069) and Net result for the year (+€8,153)
- Debts after one year -€9,183
down €9,183 (-31.9%), from €28,766 to €19,582
- Other debts +€7,341
up €7,341 (+3,086%), from €238 to €7,579
- Tax, wage and social debts -€2,320
down €2,320 (-65.7%), from €3,532 to €1,212
- Trade debts -€774
down €774 (-47.1%), from €1,644 to €870
- Gross operating margin -€3,781
down €3,781 (-14.2%), from €26,545 to €22,765
- Financial charges -€946
down €946 (-38.1%), from €2,482 to €1,536
- Taxes -€701
down €701 (-21.9%), from €3,207 to €2,506
- Other operating charges +€347
up €347 (+225%), from €154 to €501
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 | €54,151 | €49,670 | -€4,482 | -8.3% |
| Fixed assets | 21/28 | €38,473 | €28,689 | -€9,784 | -25.4% |
| Tangible fixed assets | 22/27 | €38,473 | €28,404 | -€10,069 | -26.2% |
| Plant, machinery and equipment | 23 | €1,657 | €1,257 | -€400 | -24.1% |
| Furniture and vehicles | 24 | €36,816 | €27,146 | -€9,669 | -26.3% |
| Financial fixed assets | 28 | - | €285 | +€285 | |
| Current assets | 29/58 | €15,679 | €20,981 | +€5,302 | +33.8% |
| Amounts receivable within one year | 40/41 | €1,000 | €10,333 | +€9,333 | +933% |
| Trade receivables | 40 | €1,000 | €9,407 | +€8,407 | +841% |
| Other amounts receivable | 41 | €0 | €926 | +€926 | |
| Cash at bank and in hand | 54/58 | €5,623 | €8,636 | +€3,013 | +53.6% |
| Deferred charges and accrued income | 490/1 | €9,056 | €2,012 | -€7,043 | -77.8% |
| Total equity and liabilities | 10/49 | €54,151 | €49,670 | -€4,482 | -8.3% |
| Equity | 10/15 | €11,163 | €11,235 | +€72 | +0.6% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €7,663 | €7,663 | = | 0.0% |
| Distributable reserves | 133 | €7,663 | €7,663 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €72 | +€72 | |
| Amounts payable | 17/49 | €42,988 | €38,435 | -€4,554 | -10.6% |
| Amounts payable after more than one year | 17 | €28,766 | €19,582 | -€9,183 | -31.9% |
| Financial debts | 170/4 | €28,766 | €19,582 | -€9,183 | -31.9% |
| Amounts payable within one year | 42/48 | €14,214 | €18,844 | +€4,630 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €8,801 | €9,183 | +€383 | +4.4% |
| Trade debts | 44 | €1,644 | €870 | -€774 | -47.1% |
| Suppliers | 440/4 | €1,644 | €870 | -€774 | -47.1% |
| Taxes, remuneration and social security | 45 | €3,532 | €1,212 | -€2,320 | -65.7% |
| Taxes | 450/3 | €3,532 | €1,212 | -€2,320 | -65.7% |
| Other amounts payable | 47/48 | €238 | €7,579 | +€7,341 | +3,086% |
| Accrued charges and deferred income | 492/3 | €9 | €9 | +€0 | +1.9% |
| Non-recurring operating income | 76A | €0 | €180 | +€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,056 | €10,069 | +€13 | +0.1% |
| Other operating charges | 640/8 | €154 | €501 | +€347 | +225% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €26,545 | €22,765 | -€3,781 | -14.2% |
| Operating profit (loss) | 9901 | €16,335 | €12,195 | -€4,140 | -25.3% |
| Financial charges | 65/66B | €2,482 | €1,536 | -€946 | -38.1% |
| Recurring financial charges | 65 | €2,482 | €1,536 | -€946 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | €13,853 | €10,659 | -€3,195 | -23.1% |
| Income taxes | 67/77 | €3,207 | €2,506 | -€701 | -21.9% |
| Profit (loss) for the period | 9904 | €10,647 | €8,153 | -€2,494 | -23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,647 | €8,153 | -€2,494 | -23.4% |
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 22 October 2026 via checked.be.