EnVolution: 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.
EnVolution
Largest movements
- Cash +€25,153
up €25,153 (+61.1%), from €41,156 to €66,308
mainly Net result for the year (+€35,423) and Depreciation (+€2,917)
- Financial fixed assets +€2,500
new in 2024: €2,500
- Receivables within one year -€2,053
down €2,053 (-11.9%), from €17,255 to €15,202
of which Trade receivables: -€3,877
- Deferred charges and accrued income -€1,392
down €1,392 (-76.0%), from €1,831 to €439
- Formation expenses -€1,114
down €1,114 (-49.7%), from €2,244 to €1,130
- Reserves +€73,540
new in 2024: €73,540
- Profit (loss) carried forward -€38,117
no longer reported in 2024 (was €38,117)
- Tax, wage and social debts -€6,091
down €6,091 (-33.5%), from €18,175 to €12,084
- Other debts -€5,827
down €5,827 (-79.4%), from €7,338 to €1,511
- Trade debts -€1,115
no longer reported in 2024 (was €1,115)
- Write-downs -€12,230
down €12,230, from €6,115 to -€6,115
- Financial charges +€2,582
up €2,582 (+272.0%), from €949 to €3,531
- Gross operating margin -€2,325
down €2,325 (-4.6%), from €50,418 to €48,093
- Other operating charges +€1,475
up €1,475 (+238.6%), from €618 to €2,094
- Taxes -€883
down €883 (-7.9%), from €11,156 to €10,273
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,628 | €87,669 | +€22,041 | +33.6% |
| Formation expenses | 20 | €2,244 | €1,130 | -€1,114 | -49.7% |
| Fixed assets | 21/28 | €3,141 | €4,589 | +€1,448 | +46.1% |
| Tangible fixed assets | 22/27 | €3,141 | €2,089 | -€1,052 | -33.5% |
| Furniture and vehicles | 24 | €3,141 | €1,339 | -€1,802 | -57.4% |
| Other tangible fixed assets | 26 | - | €750 | +€750 | |
| Financial fixed assets | 28 | - | €2,500 | +€2,500 | |
| Current assets | 29/58 | €60,242 | €81,950 | +€21,708 | +36.0% |
| Amounts receivable within one year | 40/41 | €17,255 | €15,202 | -€2,053 | -11.9% |
| Trade receivables | 40 | €17,255 | €13,378 | -€3,877 | -22.5% |
| Other amounts receivable | 41 | - | €1,824 | +€1,824 | |
| Cash at bank and in hand | 54/58 | €41,156 | €66,308 | +€25,153 | +61.1% |
| Deferred charges and accrued income | 490/1 | €1,831 | €439 | -€1,392 | -76.0% |
| Total equity and liabilities | 10/49 | €65,628 | €87,669 | +€22,041 | +33.6% |
| Equity | 10/15 | €38,617 | €74,040 | +€35,423 | +91.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | - | €73,540 | +€73,540 | |
| Distributable reserves | 133 | - | €73,540 | +€73,540 | |
| Profit (loss) carried forward | 14 | €38,117 | - | -€38,117 | |
| Amounts payable | 17/49 | €27,011 | €13,629 | -€13,382 | -49.5% |
| Amounts payable within one year | 42/48 | €27,011 | €13,619 | -€13,392 | -49.6% |
| Current portion of amounts payable after more than one year | 42 | €276 | - | -€276 | |
| Financial debts | 43 | €107 | €24 | -€84 | -78.0% |
| Other loans | 439 | €107 | €24 | -€84 | -78.0% |
| Trade debts | 44 | €1,115 | - | -€1,115 | |
| Suppliers | 440/4 | €1,115 | - | -€1,115 | |
| Taxes, remuneration and social security | 45 | €18,175 | €12,084 | -€6,091 | -33.5% |
| Taxes | 450/3 | €18,175 | €12,084 | -€6,091 | -33.5% |
| Other amounts payable | 47/48 | €7,338 | €1,511 | -€5,827 | -79.4% |
| Accrued charges and deferred income | 492/3 | - | €10 | +€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,475 | €2,917 | +€442 | +17.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,115 | -€6,115 | -€12,230 | |
| Other operating charges | 640/8 | €618 | €2,094 | +€1,475 | +238.6% |
| Gross operating margin | 9900 | €50,418 | €48,093 | -€2,325 | -4.6% |
| Operating profit (loss) | 9901 | €41,209 | €49,198 | +€7,989 | +19.4% |
| Financial income | 75/76B | €4 | €29 | +€24 | +569.6% |
| Recurring financial income | 75 | €4 | €29 | +€24 | +569.6% |
| Financial charges | 65/66B | €949 | €3,531 | +€2,582 | +272.0% |
| Recurring financial charges | 65 | €949 | €3,531 | +€2,582 | +272.0% |
| Profit (loss) for the period before taxes | 9903 | €40,264 | €45,696 | +€5,431 | +13.5% |
| Income taxes | 67/77 | €11,156 | €10,273 | -€883 | -7.9% |
| Profit (loss) for the period | 9904 | €29,109 | €35,423 | +€6,314 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,109 | €35,423 | +€6,314 | +21.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.