ENVIORE: 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.
ENVIORE
Largest movements
- Receivables within one year +€113,019
up €113,019 (+54.8%), from €206,114 to €319,133
of which Other amounts receivable: +€112,516
- Cash -€36,465
down €36,465 (-11.1%), from €328,641 to €292,177
mainly Receivables within one year (-€113,019) and Tax, wage and social debts (-€55,410)
- Reserves +€122,002
up €122,002 (+35.9%), from €340,126 to €462,128
- Tax, wage and social debts -€55,410
down €55,410 (-65.1%), from €85,062 to €29,652
- Accrued charges and deferred income +€25,111
up €25,111 (+72.1%), from €34,849 to €59,959
- Trade debts -€12,303
down €12,303 (-89.4%), from €13,756 to €1,453
- Gross operating margin -€48,260
down €48,260 (-21.6%), from €223,873 to €175,614
- Taxes -€12,175
down €12,175 (-16.8%), from €72,377 to €60,202
- Financial income +€7,688
up €7,688 (+255%), from €3,017 to €10,705
- Depreciation -€7,354
down €7,354 (-79.3%), from €9,271 to €1,918
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 | €537,628 | €617,028 | +€79,400 | +14.8% |
| Fixed assets | 21/28 | €2,873 | €5,719 | +€2,846 | +99.1% |
| Tangible fixed assets | 22/27 | €2,873 | €5,719 | +€2,846 | +99.1% |
| Plant, machinery and equipment | 23 | - | €3,489 | +€3,489 | |
| Furniture and vehicles | 24 | €2,873 | €2,230 | -€643 | -22.4% |
| Current assets | 29/58 | €534,755 | €611,309 | +€76,554 | +14.3% |
| Amounts receivable within one year | 40/41 | €206,114 | €319,133 | +€113,019 | +54.8% |
| Trade receivables | 40 | €31,265 | €31,769 | +€503 | +1.6% |
| Other amounts receivable | 41 | €174,848 | €287,364 | +€112,516 | +64.4% |
| Cash at bank and in hand | 54/58 | €328,641 | €292,177 | -€36,465 | -11.1% |
| Total equity and liabilities | 10/49 | €537,628 | €617,028 | +€79,400 | +14.8% |
| Equity | 10/15 | €403,962 | €525,964 | +€122,002 | +30.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €340,126 | €462,128 | +€122,002 | +35.9% |
| Non-distributable reserves | 130/1 | €340,126 | €462,128 | +€122,002 | +35.9% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €333,926 | €455,928 | +€122,002 | +36.5% |
| Profit (loss) carried forward | 14 | €1,836 | €1,836 | = | 0.0% |
| Amounts payable | 17/49 | €133,666 | €91,064 | -€42,602 | -31.9% |
| Amounts payable within one year | 42/48 | €98,817 | €31,105 | -€67,712 | -68.5% |
| Trade debts | 44 | €13,756 | €1,453 | -€12,303 | -89.4% |
| Suppliers | 440/4 | €13,756 | €1,453 | -€12,303 | -89.4% |
| Taxes, remuneration and social security | 45 | €85,062 | €29,652 | -€55,410 | -65.1% |
| Taxes | 450/3 | €85,062 | €29,652 | -€55,410 | -65.1% |
| Accrued charges and deferred income | 492/3 | €34,849 | €59,959 | +€25,111 | +72.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,271 | €1,918 | -€7,354 | -79.3% |
| Other operating charges | 640/8 | €1,893 | €1,915 | +€22 | +1.2% |
| Gross operating margin | 9900 | €223,873 | €175,614 | -€48,260 | -21.6% |
| Operating profit (loss) | 9901 | €212,708 | €171,781 | -€40,928 | -19.2% |
| Financial income | 75/76B | €3,017 | €10,705 | +€7,688 | +255% |
| Recurring financial income | 75 | €3,017 | €10,705 | +€7,688 | +255% |
| Financial charges | 65/66B | €251 | €281 | +€30 | +12.0% |
| Recurring financial charges | 65 | €251 | €281 | +€30 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €215,474 | €182,204 | -€33,270 | -15.4% |
| Income taxes | 67/77 | €72,377 | €60,202 | -€12,175 | -16.8% |
| Profit (loss) for the period | 9904 | €143,097 | €122,002 | -€21,095 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €143,097 | €122,002 | -€21,095 | -14.7% |
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 15 October 2026 via checked.be.