Envarit: 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.
Envarit
Largest movements
- Cash -€56,463
down €56,463 (-92.1%), from €61,326 to €4,863
mainly Contributions, distributions and other (-€49,226) and Other debts (-€44,989)
- Current investments +€33,246
up €33,246 (+108%), from €30,909 to €64,155
- Tangible fixed assets -€29,481
down €29,481 (-50.0%), from €59,007 to €29,525
of which Furniture and vehicles: -€29,546
- Receivables within one year +€23,190
up €23,190 (+93.6%), from €24,770 to €47,960
of which Other amounts receivable: +€22,462
- Other debts -€44,989
down €44,989 (-62.6%), from €71,859 to €26,870
- Reserves +€18,490
up €18,490 (+37.6%), from €49,226 to €67,715
- Current portion of long-term debt -€10,160
no longer reported in 2025 (was €10,160)
- Tax, wage and social debts +€9,731
up €9,731 (+58.1%), from €16,752 to €26,483
- Debts after one year -€5,121
down €5,121 (-20.4%), from €25,121 to €20,000
- Depreciation -€13,340
down €13,340 (-49.3%), from €27,038 to €13,699
- Taxes +€6,754
up €6,754 (+36.5%), from €18,526 to €25,280
- Gross operating margin -€6,112
down €6,112 (-5.3%), from €115,699 to €109,587
- Other operating charges +€1,264
up €1,264 (+122%), from €1,038 to €2,301
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 | €176,528 | €147,019 | -€29,509 | -16.7% |
| Fixed assets | 21/28 | €59,007 | €29,525 | -€29,481 | -50.0% |
| Tangible fixed assets | 22/27 | €59,007 | €29,525 | -€29,481 | -50.0% |
| Land and buildings | 22 | €6,661 | €5,845 | -€816 | -12.3% |
| Plant, machinery and equipment | 23 | €1,339 | €923 | -€416 | -31.1% |
| Furniture and vehicles | 24 | €48,014 | €18,468 | -€29,546 | -61.5% |
| Other tangible fixed assets | 26 | €2,993 | €4,290 | +€1,297 | +43.3% |
| Current assets | 29/58 | €117,521 | €117,494 | -€27 | 0.0% |
| Amounts receivable within one year | 40/41 | €24,770 | €47,960 | +€23,190 | +93.6% |
| Trade receivables | 40 | €24,763 | €25,491 | +€728 | +2.9% |
| Other amounts receivable | 41 | €7 | €22,469 | +€22,462 | +324,125% |
| Current investments | 50/53 | €30,909 | €64,155 | +€33,246 | +108% |
| Cash at bank and in hand | 54/58 | €61,326 | €4,863 | -€56,463 | -92.1% |
| Deferred charges and accrued income | 490/1 | €516 | €516 | = | 0.0% |
| Total equity and liabilities | 10/49 | €176,528 | €147,019 | -€29,509 | -16.7% |
| Equity | 10/15 | €52,226 | €70,715 | +€18,490 | +35.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €49,226 | €67,715 | +€18,490 | +37.6% |
| Distributable reserves | 133 | €49,226 | €67,715 | +€18,490 | +37.6% |
| Amounts payable | 17/49 | €124,302 | €76,304 | -€47,998 | -38.6% |
| Amounts payable after more than one year | 17 | €25,121 | €20,000 | -€5,121 | -20.4% |
| Financial debts | 170/4 | €25,121 | €20,000 | -€5,121 | -20.4% |
| Amounts payable within one year | 42/48 | €99,182 | €56,304 | -€42,878 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €10,160 | - | -€10,160 | |
| Trade debts | 44 | €411 | €2,951 | +€2,540 | +618% |
| Suppliers | 440/4 | €411 | €2,951 | +€2,540 | +618% |
| Taxes, remuneration and social security | 45 | €16,752 | €26,483 | +€9,731 | +58.1% |
| Taxes | 450/3 | €16,752 | €26,483 | +€9,731 | +58.1% |
| Other amounts payable | 47/48 | €71,859 | €26,870 | -€44,989 | -62.6% |
| Non-recurring operating income | 76A | €1,511 | €0 | -€1,511 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,038 | €13,699 | -€13,340 | -49.3% |
| Other operating charges | 640/8 | €1,038 | €2,301 | +€1,264 | +122% |
| Non-recurring operating charges | 66A | - | €637 | +€637 | |
| Gross operating margin | 9900 | €115,699 | €109,587 | -€6,112 | -5.3% |
| Operating profit (loss) | 9901 | €87,623 | €92,950 | +€5,327 | +6.1% |
| Financial income | 75/76B | €0 | €246 | +€246 | +491,560% |
| Recurring financial income | 75 | €0 | €246 | +€246 | +491,560% |
| Financial charges | 65/66B | €719 | €201 | -€518 | -72.1% |
| Recurring financial charges | 65 | €719 | €201 | -€518 | -72.1% |
| Profit (loss) for the period before taxes | 9903 | €86,904 | €92,995 | +€6,090 | +7.0% |
| Income taxes | 67/77 | €18,526 | €25,280 | +€6,754 | +36.5% |
| Profit (loss) for the period | 9904 | €68,378 | €67,715 | -€663 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €68,378 | €67,715 | -€663 | -1.0% |
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.