E.V.F.: 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.F.
Largest movements
- Receivables within one year +€97,817
up €97,817 (+28.2%), from €346,748 to €444,565
of which Other amounts receivable: +€121,796
- Tangible fixed assets -€9,841
down €9,841 (-7.9%), from €124,904 to €115,064
of which Plant, machinery and equipment: -€14,745
- Trade debts +€54,326
up €54,326 (+91.5%), from €59,396 to €113,722
- Profit (loss) carried forward +€23,211
up €23,211 (+6.5%), from €358,891 to €382,102
- Tax, wage and social debts -€17,074
down €17,074 (-61.6%), from €27,714 to €10,640
of which Remuneration and social security: -€13,777
- Debts after one year +€15,772
new in 2025: €15,772
- Other operating charges +€59,308
up €59,308 (+598%), from €9,920 to €69,227
- Gross operating margin +€43,712
up €43,712 (+30.4%), from €143,825 to €187,538
- Depreciation -€13,033
down €13,033 (-20.6%), from €63,320 to €50,287
- Staff costs -€9,660
down €9,660 (-17.4%), from €55,486 to €45,825
- Financial income +€3,431
up €3,431 (+83,674%), from €4 to €3,435
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 | €480,872 | €562,497 | +€81,625 | +17.0% |
| Fixed assets | 21/28 | €126,054 | €116,214 | -€9,841 | -7.8% |
| Tangible fixed assets | 22/27 | €124,904 | €115,064 | -€9,841 | -7.9% |
| Plant, machinery and equipment | 23 | €66,580 | €51,835 | -€14,745 | -22.1% |
| Furniture and vehicles | 24 | €43,933 | €33,669 | -€10,263 | -23.4% |
| Leasing and similar rights | 25 | €13,300 | €29,179 | +€15,879 | +119% |
| Other tangible fixed assets | 26 | €1,092 | €381 | -€711 | -65.1% |
| Financial fixed assets | 28 | €1,150 | €1,150 | = | 0.0% |
| Current assets | 29/58 | €354,818 | €446,284 | +€91,466 | +25.8% |
| Amounts receivable within one year | 40/41 | €346,748 | €444,565 | +€97,817 | +28.2% |
| Trade receivables | 40 | €257,372 | €233,394 | -€23,978 | -9.3% |
| Other amounts receivable | 41 | €89,376 | €211,171 | +€121,796 | +136% |
| Cash at bank and in hand | 54/58 | €907 | €149 | -€758 | -83.6% |
| Deferred charges and accrued income | 490/1 | €7,163 | €1,570 | -€5,593 | -78.1% |
| Total equity and liabilities | 10/49 | €480,872 | €562,497 | +€81,625 | +17.0% |
| Equity | 10/15 | €380,891 | €404,102 | +€23,211 | +6.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €358,891 | €382,102 | +€23,211 | +6.5% |
| Amounts payable | 17/49 | €99,982 | €158,396 | +€58,414 | +58.4% |
| Amounts payable after more than one year | 17 | - | €15,772 | +€15,772 | |
| Financial debts | 170/4 | - | €15,772 | +€15,772 | |
| Amounts payable within one year | 42/48 | €99,982 | €142,623 | +€42,642 | +42.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €59,396 | €113,722 | +€54,326 | +91.5% |
| Suppliers | 440/4 | €59,396 | €113,722 | +€54,326 | +91.5% |
| Taxes, remuneration and social security | 45 | €27,714 | €10,640 | -€17,074 | -61.6% |
| Taxes | 450/3 | €5,286 | €1,989 | -€3,297 | -62.4% |
| Remuneration and social security | 454/9 | €22,428 | €8,651 | -€13,777 | -61.4% |
| Other amounts payable | 47/48 | €12,872 | €18,261 | +€5,389 | +41.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €55,486 | €45,825 | -€9,660 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,320 | €50,287 | -€13,033 | -20.6% |
| Other operating charges | 640/8 | €9,920 | €69,227 | +€59,308 | +598% |
| Non-recurring operating charges | 66A | €655 | €0 | -€655 | -100% |
| Gross operating margin | 9900 | €143,825 | €187,538 | +€43,712 | +30.4% |
| Operating profit (loss) | 9901 | €14,446 | €22,198 | +€7,752 | +53.7% |
| Financial income | 75/76B | €4 | €3,435 | +€3,431 | +83,674% |
| Recurring financial income | 75 | €4 | €3,435 | +€3,431 | +83,674% |
| Financial charges | 65/66B | €515 | €2,422 | +€1,906 | +370% |
| Recurring financial charges | 65 | €515 | €2,422 | +€1,906 | +370% |
| Profit (loss) for the period before taxes | 9903 | €13,934 | €23,211 | +€9,277 | +66.6% |
| Profit (loss) for the period | 9904 | €13,934 | €23,211 | +€9,277 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,934 | €23,211 | +€9,277 | +66.6% |
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 25 October 2026 via checked.be.