E.V.O. new: 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.O. new
Largest movements
- Receivables within one year +€49,091
up €49,091 (+190%), from €25,848 to €74,939
of which Trade receivables: +€54,827
- Cash -€21,845
down €21,845 (-14.7%), from €148,843 to €126,998
mainly Receivables within one year (-€49,091) and Other debts (-€9,432)
- Profit (loss) carried forward +€26,532
up €26,532 (+28.5%), from €93,246 to €119,778
- Reserves +€20,000
up €20,000 (+1,075%), from €1,860 to €21,860
of which Distributable reserves: +€20,000
- Other debts -€9,432
down €9,432 (-19.7%), from €47,990 to €38,558
- Tax, wage and social debts -€5,288
down €5,288 (-42.1%), from €12,573 to €7,285
of which Taxes: -€6,119
- Trade debts -€3,063
down €3,063 (-27.9%), from €10,967 to €7,905
- Gross operating margin +€48,756
up €48,756 (+94.8%), from €51,450 to €100,206
- Staff costs +€31,229
up €31,229 (+2,788%), from €1,120 to €32,349
- Taxes +€4,260
up €4,260 (+39.7%), from €10,721 to €14,981
- Depreciation +€1,131
up €1,131 (+73.1%), from €1,547 to €2,678
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €188,899 | €216,515 | +€27,617 | +14.6% |
| Fixed assets | 21/28 | €9,937 | €11,692 | +€1,755 | +17.7% |
| Tangible fixed assets | 22/27 | €9,917 | €11,672 | +€1,755 | +17.7% |
| Plant, machinery and equipment | 23 | €5,303 | €7,434 | +€2,131 | +40.2% |
| Furniture and vehicles | 24 | €4,613 | €4,238 | -€376 | -8.1% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €178,962 | €204,824 | +€25,862 | +14.5% |
| Stocks and contracts in progress | 3 | €2,929 | €2,377 | -€551 | -18.8% |
| Stocks | 30/36 | €2,929 | €2,377 | -€551 | -18.8% |
| Amounts receivable within one year | 40/41 | €25,848 | €74,939 | +€49,091 | +190% |
| Trade receivables | 40 | €15,116 | €69,943 | +€54,827 | +363% |
| Other amounts receivable | 41 | €10,733 | €4,996 | -€5,737 | -53.5% |
| Cash at bank and in hand | 54/58 | €148,843 | €126,998 | -€21,845 | -14.7% |
| Deferred charges and accrued income | 490/1 | €1,342 | €509 | -€833 | -62.0% |
| Total equity and liabilities | 10/49 | €188,899 | €216,515 | +€27,617 | +14.6% |
| Equity | 10/15 | €113,706 | €160,238 | +€46,532 | +40.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €21,860 | +€20,000 | +1,075% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €93,246 | €119,778 | +€26,532 | +28.5% |
| Amounts payable | 17/49 | €75,193 | €56,277 | -€18,916 | -25.2% |
| Amounts payable within one year | 42/48 | €75,193 | €56,277 | -€18,916 | -25.2% |
| Financial debts | 43 | €3,663 | €2,530 | -€1,133 | -30.9% |
| Credit institutions | 430/8 | €3,663 | €2,530 | -€1,133 | -30.9% |
| Trade debts | 44 | €10,967 | €7,905 | -€3,063 | -27.9% |
| Suppliers | 440/4 | €10,967 | €7,905 | -€3,063 | -27.9% |
| Taxes, remuneration and social security | 45 | €12,573 | €7,285 | -€5,288 | -42.1% |
| Taxes | 450/3 | €11,100 | €4,981 | -€6,119 | -55.1% |
| Remuneration and social security | 454/9 | €1,473 | €2,304 | +€831 | +56.4% |
| Other amounts payable | 47/48 | €47,990 | €38,558 | -€9,432 | -19.7% |
| Non-recurring operating income | 76A | €3,004 | €0 | -€3,004 | -100% |
| Remuneration, social security and pensions | 62 | €1,120 | €32,349 | +€31,229 | +2,788% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,547 | €2,678 | +€1,131 | +73.1% |
| Other operating charges | 640/8 | €1,448 | €1,132 | -€315 | -21.8% |
| Non-recurring operating charges | 66A | €0 | €847 | +€847 | +8,471,800% |
| Gross operating margin | 9900 | €51,450 | €100,206 | +€48,756 | +94.8% |
| Operating profit (loss) | 9901 | €47,335 | €63,200 | +€15,865 | +33.5% |
| Financial income | 75/76B | €82 | €56 | -€26 | -31.4% |
| Recurring financial income | 75 | €82 | €56 | -€26 | -31.4% |
| Financial charges | 65/66B | €1,839 | €1,743 | -€96 | -5.2% |
| Recurring financial charges | 65 | €1,839 | €1,743 | -€96 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €45,578 | €61,513 | +€15,935 | +35.0% |
| Income taxes | 67/77 | €10,721 | €14,981 | +€4,260 | +39.7% |
| Profit (loss) for the period | 9904 | €34,857 | €46,532 | +€11,675 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,857 | €46,532 | +€11,675 | +33.5% |
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.