E.V.G. 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.G. MANAGEMENT
Largest movements
- Tangible fixed assets +€43,427
up €43,427 (+425%), from €10,226 to €53,652
of which Furniture and vehicles: +€42,437
- Cash -€31,634
down €31,634 (-4.8%), from €660,241 to €628,607
mainly Contributions, distributions and other (-€370,000) and Trade debts (-€117,959)
- Profit (loss) carried forward +€126,404
up €126,404 (+14.9%), from €847,943 to €974,347
- Trade debts -€117,959
down €117,959 (-57.3%), from €205,852 to €87,893
- Taxes +€18,732
up €18,732 (+102%), from €18,404 to €37,136
- Gross operating margin +€11,213
up €11,213 (+2.1%), from €523,124 to €534,337
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 | €1,477,321 | €1,484,854 | +€7,533 | +0.5% |
| Fixed assets | 21/28 | €10,226 | €53,652 | +€43,427 | +425% |
| Tangible fixed assets | 22/27 | €10,226 | €53,652 | +€43,427 | +425% |
| Plant, machinery and equipment | 23 | €3,216 | €4,446 | +€1,231 | +38.3% |
| Furniture and vehicles | 24 | €6,769 | €49,206 | +€42,437 | +627% |
| Other tangible fixed assets | 26 | €241 | - | -€241 | |
| Current assets | 29/58 | €1,467,096 | €1,431,202 | -€35,894 | -2.4% |
| Amounts receivable within one year | 40/41 | €796,640 | €790,810 | -€5,830 | -0.7% |
| Trade receivables | 40 | €493,412 | €452,572 | -€40,841 | -8.3% |
| Other amounts receivable | 41 | €303,228 | €338,238 | +€35,010 | +11.5% |
| Cash at bank and in hand | 54/58 | €660,241 | €628,607 | -€31,634 | -4.8% |
| Deferred charges and accrued income | 490/1 | €10,215 | €11,786 | +€1,571 | +15.4% |
| Total equity and liabilities | 10/49 | €1,477,321 | €1,484,854 | +€7,533 | +0.5% |
| Equity | 10/15 | €875,443 | €1,001,847 | +€126,404 | +14.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Contributions outside capital | 11 | €25,000 | €25,000 | = | 0.0% |
| Other | 1109/19 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €847,943 | €974,347 | +€126,404 | +14.9% |
| Amounts payable | 17/49 | €601,878 | €483,008 | -€118,871 | -19.7% |
| Amounts payable within one year | 42/48 | €588,324 | €469,453 | -€118,871 | -20.2% |
| Trade debts | 44 | €205,852 | €87,893 | -€117,959 | -57.3% |
| Suppliers | 440/4 | €205,852 | €87,893 | -€117,959 | -57.3% |
| Taxes, remuneration and social security | 45 | - | €3,177 | +€3,177 | |
| Taxes | 450/3 | - | €3,177 | +€3,177 | |
| Other amounts payable | 47/48 | €382,472 | €378,384 | -€4,089 | -1.1% |
| Accrued charges and deferred income | 492/3 | €13,554 | €13,554 | = | 0.0% |
| Non-recurring operating income | 76A | €413 | - | -€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,179 | €7,780 | +€1,601 | +25.9% |
| Other operating charges | 640/8 | €2,085 | €1,773 | -€313 | -15.0% |
| Non-recurring operating charges | 66A | - | €462 | +€462 | |
| Gross operating margin | 9900 | €523,124 | €534,337 | +€11,213 | +2.1% |
| Operating profit (loss) | 9901 | €514,859 | €524,323 | +€9,464 | +1.8% |
| Financial income | 75/76B | €7,634 | €9,873 | +€2,239 | +29.3% |
| Recurring financial income | 75 | €7,221 | €9,873 | +€2,652 | +36.7% |
| Non-recurring financial income | 76B | €413 | - | -€413 | |
| Financial charges | 65/66B | €605 | €657 | +€52 | +8.5% |
| Recurring financial charges | 65 | €605 | €657 | +€52 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €521,888 | €533,539 | +€11,651 | +2.2% |
| Income taxes | 67/77 | €18,404 | €37,136 | +€18,732 | +102% |
| Profit (loss) for the period | 9904 | €503,484 | €496,404 | -€7,081 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €503,484 | €496,404 | -€7,081 | -1.4% |
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 1 November 2026 via checked.be.