ENVIRAD: what changed
Two fiscal 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.
ENVIRAD
Largest movements
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Receivables within one year +€49,984
up €49,984 (+2023.4%), from €2,470 to €52,454
of which Trade receivables: +€38,688
- Tangible fixed assets +€4,561
up €4,561 (+15.6%), from €29,161 to €33,722
of which Furniture and vehicles: +€5,022
- Tax, wage and social debts -€31,722
down €31,722 (-71.1%), from €44,636 to €12,914
of which Taxes: -€31,722
- Reserves +€30,212
up €30,212 (+12.8%), from €236,164 to €266,377
- Financial charges +€1,315
up €1,315 (+34.6%), from €3,796 to €5,110
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.
Cash bridge derived
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 | €368,980 | €373,337 | +€4,357 | +1.2% |
| Fixed assets | 21/28 | €56,986 | €61,547 | +€4,561 | +8.0% |
| Tangible fixed assets | 22/27 | €29,161 | €33,722 | +€4,561 | +15.6% |
| Land and buildings | 22 | €7,840 | €7,840 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,179 | €718 | -€461 | -39.1% |
| Furniture and vehicles | 24 | €20,142 | €25,164 | +€5,022 | +24.9% |
| Financial fixed assets | 28 | €27,825 | €27,825 | = | 0.0% |
| Current assets | 29/58 | €311,994 | €311,790 | -€204 | -0.1% |
| Amounts receivable within one year | 40/41 | €2,470 | €52,454 | +€49,984 | +2023.4% |
| Trade receivables | 40 | €0 | €38,688 | +€38,688 | |
| Other amounts receivable | 41 | €2,470 | €13,766 | +€11,296 | +457.3% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €256,912 | €259,133 | +€2,221 | +0.9% |
| Deferred charges and accrued income | 490/1 | €2,612 | €203 | -€2,409 | -92.2% |
| Total equity and liabilities | 10/49 | €368,980 | €373,337 | +€4,357 | +1.2% |
| Equity | 10/15 | €242,434 | €272,647 | +€30,212 | +12.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €236,164 | €266,377 | +€30,212 | +12.8% |
| Distributable reserves | 133 | €236,164 | €266,377 | +€30,212 | +12.8% |
| Profit (loss) carried forward | 14 | €70 | €70 | = | 0.0% |
| Amounts payable | 17/49 | €126,546 | €100,690 | -€25,855 | -20.4% |
| Amounts payable within one year | 42/48 | €123,784 | €96,958 | -€26,826 | -21.7% |
| Trade debts | 44 | €1,572 | €5,064 | +€3,492 | +222.1% |
| Suppliers | 440/4 | €1,572 | €5,064 | +€3,492 | +222.1% |
| Taxes, remuneration and social security | 45 | €44,636 | €12,914 | -€31,722 | -71.1% |
| Taxes | 450/3 | €44,636 | €12,914 | -€31,722 | -71.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €77,575 | €78,980 | +€1,405 | +1.8% |
| Accrued charges and deferred income | 492/3 | €2,762 | €3,733 | +€970 | +35.1% |
| Non-recurring operating income | 76A | €1,872 | €0 | -€1,872 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €689 | €689 | = | 0.0% |
| Other operating charges | 640/8 | €1,022 | €941 | -€81 | -7.9% |
| Non-recurring operating charges | 66A | €2,000 | €0 | -€2,000 | -100.0% |
| Gross operating margin | 9900 | €84,969 | €84,299 | -€670 | -0.8% |
| Operating profit (loss) | 9901 | €81,257 | €82,669 | +€1,411 | +1.7% |
| Financial income | 75/76B | €1,303 | €1,446 | +€143 | +11.0% |
| Recurring financial income | 75 | €1,303 | €1,446 | +€143 | +11.0% |
| Financial charges | 65/66B | €3,796 | €5,110 | +€1,315 | +34.6% |
| Recurring financial charges | 65 | €3,796 | €5,110 | +€1,315 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | €78,765 | €79,004 | +€240 | +0.3% |
| Income taxes | 67/77 | €21,550 | €21,992 | +€442 | +2.1% |
| Profit (loss) for the period | 9904 | €57,215 | €57,012 | -€203 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €57,215 | €57,012 | -€203 | -0.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.