E.V.B. Management: 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.
E.V.B. Management
Largest movements
- Tangible fixed assets +€916,548
up €916,548 (+38.2%), from €2.4m to €3.3m
of which Plant, machinery and equipment: +€1.0m
- Cash +€107,813
up €107,813 (+54.8%), from €196,737 to €304,551
mainly Debts after one year (+€911,236) and Depreciation (+€209,091)
- Debts after one year +€911,236
up €911,236 (+73.9%), from €1.2m to €2.1m
- Advances received -€175,000
down €175,000 (-100%), from €175,000 to €0
- Profit (loss) carried forward +€164,480
up €164,480 (+33.3%), from €494,248 to €658,728
- Tax, wage and social debts +€50,760
up €50,760 (+98.8%), from €51,355 to €102,116
- Trade debts +€50,706
up €50,706 (+1,175%), from €4,314 to €55,019
- Depreciation +€112,756
up €112,756 (+117%), from €96,335 to €209,091
- Gross operating margin +€62,442
up €62,442 (+15.0%), from €416,323 to €478,765
- Taxes -€15,241
down €15,241 (-22.3%), from €68,198 to €52,958
- Financial charges +€15,103
up €15,103 (+36.8%), from €41,028 to €56,131
- Financial income +€10,597
up €10,597 (+1,324,590%), from €1 to €10,598
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 | €2,631,227 | €3,634,723 | +€1.0m | +38.1% |
| Fixed assets | 21/28 | €2,397,791 | €3,314,339 | +€916,548 | +38.2% |
| Tangible fixed assets | 22/27 | €2,397,791 | €3,314,339 | +€916,548 | +38.2% |
| Land and buildings | 22 | €2,345,637 | €2,263,137 | -€82,500 | -3.5% |
| Plant, machinery and equipment | 23 | €16,316 | €1,023,410 | +€1.0m | +6,172% |
| Furniture and vehicles | 24 | €33,713 | €25,993 | -€7,721 | -22.9% |
| Other tangible fixed assets | 26 | €2,125 | €1,799 | -€326 | -15.3% |
| Current assets | 29/58 | €233,436 | €320,384 | +€86,948 | +37.2% |
| Amounts receivable within one year | 40/41 | €34,825 | €43 | -€34,782 | -99.9% |
| Trade receivables | 40 | €33,053 | €0 | -€33,053 | -100% |
| Other amounts receivable | 41 | €1,772 | €43 | -€1,729 | -97.6% |
| Cash at bank and in hand | 54/58 | €196,737 | €304,551 | +€107,813 | +54.8% |
| Deferred charges and accrued income | 490/1 | €1,874 | €15,791 | +€13,917 | +743% |
| Total equity and liabilities | 10/49 | €2,631,227 | €3,634,723 | +€1.0m | +38.1% |
| Equity | 10/15 | €502,308 | €666,788 | +€164,480 | +32.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €494,248 | €658,728 | +€164,480 | +33.3% |
| Amounts payable | 17/49 | €2,128,919 | €2,967,936 | +€839,017 | +39.4% |
| Amounts payable after more than one year | 17 | €1,233,217 | €2,144,453 | +€911,236 | +73.9% |
| Financial debts | 170/4 | €1,233,217 | €2,144,453 | +€911,236 | +73.9% |
| Amounts payable within one year | 42/48 | €894,202 | €821,732 | -€72,470 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €73,983 | €117,982 | +€43,999 | +59.5% |
| Financial debts | 43 | €70,000 | €60,000 | -€10,000 | -14.3% |
| Credit institutions | 430/8 | €70,000 | €60,000 | -€10,000 | -14.3% |
| Trade debts | 44 | €4,314 | €55,019 | +€50,706 | +1,175% |
| Suppliers | 440/4 | €4,314 | €55,019 | +€50,706 | +1,175% |
| Advances received on contracts in progress | 46 | €175,000 | €0 | -€175,000 | -100% |
| Taxes, remuneration and social security | 45 | €51,355 | €102,116 | +€50,760 | +98.8% |
| Taxes | 450/3 | €51,355 | €102,116 | +€50,760 | +98.8% |
| Other amounts payable | 47/48 | €519,550 | €486,615 | -€32,934 | -6.3% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,750 | +€250 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,335 | €209,091 | +€112,756 | +117% |
| Other operating charges | 640/8 | €8,611 | €6,704 | -€1,907 | -22.2% |
| Gross operating margin | 9900 | €416,323 | €478,765 | +€62,442 | +15.0% |
| Operating profit (loss) | 9901 | €311,378 | €262,971 | -€48,407 | -15.5% |
| Financial income | 75/76B | €1 | €10,598 | +€10,597 | +1,324,590% |
| Recurring financial income | 75 | €1 | €10,598 | +€10,597 | +1,324,590% |
| Financial charges | 65/66B | €41,028 | €56,131 | +€15,103 | +36.8% |
| Recurring financial charges | 65 | €41,028 | €56,131 | +€15,103 | +36.8% |
| Profit (loss) for the period before taxes | 9903 | €270,350 | €217,437 | -€52,913 | -19.6% |
| Income taxes | 67/77 | €68,198 | €52,958 | -€15,241 | -22.3% |
| Profit (loss) for the period | 9904 | €202,152 | €164,480 | -€37,673 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €202,152 | €164,480 | -€37,673 | -18.6% |
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 17 October 2026 via checked.be.