ENVVIE: 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.
ENVVIE
Largest movements
- Tangible fixed assets -€18,025
down €18,025 (-6.6%), from €274,344 to €256,319
of which Land and buildings: -€11,533
- Receivables within one year -€7,305
down €7,305 (-8.2%), from €88,870 to €81,566
of which Other amounts receivable: -€5,257
- Other debts -€37,581
down €37,581 (-39.2%), from €95,781 to €58,201
- Debts after one year -€14,866
down €14,866 (-6.5%), from €229,625 to €214,759
- Tax, wage and social debts +€12,670
up €12,670 (+140%), from €9,050 to €21,720
of which Taxes: +€7,943
- Reserves +€11,257
up €11,257 (+28.9%), from €38,887 to €50,144
- Staff costs +€37,155
up €37,155 (+97.3%), from €38,176 to €75,332
- Gross operating margin +€23,722
up €23,722 (+23.8%), from €99,572 to €123,294
- Financial charges +€1,586
up €1,586 (+18.7%), from €8,490 to €10,075
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 | €484,767 | €458,998 | -€25,769 | -5.3% |
| Fixed assets | 21/28 | €274,344 | €256,319 | -€18,025 | -6.6% |
| Tangible fixed assets | 22/27 | €274,344 | €256,319 | -€18,025 | -6.6% |
| Land and buildings | 22 | €248,003 | €236,470 | -€11,533 | -4.7% |
| Plant, machinery and equipment | 23 | €20,710 | €15,386 | -€5,324 | -25.7% |
| Furniture and vehicles | 24 | €5,631 | €4,462 | -€1,169 | -20.8% |
| Current assets | 29/58 | €210,423 | €202,679 | -€7,745 | -3.7% |
| Amounts receivable after more than one year | 29 | €7,500 | €7,500 | = | 0.0% |
| Other amounts receivable | 291 | €7,500 | €7,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €88,870 | €81,566 | -€7,305 | -8.2% |
| Trade receivables | 40 | €4,114 | €2,066 | -€2,048 | -49.8% |
| Other amounts receivable | 41 | €84,757 | €79,500 | -€5,257 | -6.2% |
| Cash at bank and in hand | 54/58 | €112,864 | €112,599 | -€264 | -0.2% |
| Deferred charges and accrued income | 490/1 | €1,189 | €1,014 | -€175 | -14.8% |
| Total equity and liabilities | 10/49 | €484,767 | €458,998 | -€25,769 | -5.3% |
| Equity | 10/15 | €130,087 | €141,344 | +€11,257 | +8.7% |
| Contributions | 10/11 | €91,200 | €91,200 | = | 0.0% |
| Reserves | 13 | €38,887 | €50,144 | +€11,257 | +28.9% |
| Distributable reserves | 133 | €38,887 | €50,144 | +€11,257 | +28.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €354,680 | €317,654 | -€37,026 | -10.4% |
| Amounts payable after more than one year | 17 | €229,625 | €214,759 | -€14,866 | -6.5% |
| Financial debts | 170/4 | €229,625 | €214,759 | -€14,866 | -6.5% |
| Amounts payable within one year | 42/48 | €125,055 | €102,895 | -€22,160 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €14,474 | €14,866 | +€393 | +2.7% |
| Financial debts | 43 | €25 | €0 | -€25 | -100% |
| Credit institutions | 430/8 | €25 | €0 | -€25 | -100% |
| Trade debts | 44 | €5,463 | €6,511 | +€1,049 | +19.2% |
| Suppliers | 440/4 | €5,463 | €6,511 | +€1,049 | +19.2% |
| Advances received on contracts in progress | 46 | €263 | €1,597 | +€1,334 | +508% |
| Taxes, remuneration and social security | 45 | €9,050 | €21,720 | +€12,670 | +140% |
| Taxes | 450/3 | €5,670 | €13,613 | +€7,943 | +140% |
| Remuneration and social security | 454/9 | €3,380 | €8,107 | +€4,727 | +140% |
| Other amounts payable | 47/48 | €95,781 | €58,201 | -€37,581 | -39.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €38,176 | €75,332 | +€37,155 | +97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,592 | €19,675 | -€917 | -4.5% |
| Other operating charges | 640/8 | €1,505 | €1,813 | +€308 | +20.5% |
| Gross operating margin | 9900 | €99,572 | €123,294 | +€23,722 | +23.8% |
| Operating profit (loss) | 9901 | €39,299 | €26,475 | -€12,824 | -32.6% |
| Financial income | 75/76B | €769 | €0 | -€769 | -100.0% |
| Recurring financial income | 75 | €769 | €0 | -€769 | -100.0% |
| Financial charges | 65/66B | €8,490 | €10,075 | +€1,586 | +18.7% |
| Recurring financial charges | 65 | €8,490 | €10,075 | +€1,586 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | €31,578 | €16,400 | -€15,178 | -48.1% |
| Income taxes | 67/77 | €4,260 | €5,143 | +€883 | +20.7% |
| Profit (loss) for the period | 9904 | €27,318 | €11,257 | -€16,062 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,318 | €11,257 | -€16,062 | -58.8% |
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 19 October 2026 via checked.be.