EREVA: 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.
EREVA
Largest movements
- Receivables within one year +€22,951
up €22,951 (+225%), from €10,208 to €33,158
of which Trade receivables: +€18,763
- Deferred charges and accrued income +€14,072
up €14,072 (+1,517%), from €928 to €15,000
- Cash +€9,712
up €9,712 (+33.2%), from €29,280 to €38,992
mainly Net result for the year (+€44,860) and Other debts (+€17,723)
- Tangible fixed assets -€7,955
down €7,955 (-3.6%), from €218,787 to €210,831
of which Land and buildings: -€9,958
- Reserves +€27,137
up €27,137 (+165%), from €16,454 to €43,592
of which Distributable reserves: +€27,137
- Other debts +€17,723
new in 2025: €17,723
- Debts after one year -€15,744
down €15,744 (-7.9%), from €199,018 to €183,274
- Trade debts +€9,690
up €9,690 (+1,127%), from €860 to €10,549
- Gross operating margin +€50,357
up €50,357 (+39.8%), from €126,504 to €176,861
- Financial charges +€2,843
up €2,843 (+47.1%), from €6,041 to €8,884
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 | €259,982 | €298,762 | +€38,780 | +14.9% |
| Fixed assets | 21/28 | €219,567 | €211,611 | -€7,955 | -3.6% |
| Tangible fixed assets | 22/27 | €218,787 | €210,831 | -€7,955 | -3.6% |
| Land and buildings | 22 | €214,069 | €204,110 | -€9,958 | -4.7% |
| Plant, machinery and equipment | 23 | €3,165 | €2,990 | -€175 | -5.5% |
| Furniture and vehicles | 24 | €1,553 | €3,731 | +€2,178 | +140% |
| Financial fixed assets | 28 | €780 | €780 | = | 0.0% |
| Current assets | 29/58 | €40,415 | €87,150 | +€46,735 | +116% |
| Amounts receivable within one year | 40/41 | €10,208 | €33,158 | +€22,951 | +225% |
| Trade receivables | 40 | €4,316 | €23,080 | +€18,763 | +435% |
| Other amounts receivable | 41 | €5,891 | €10,079 | +€4,187 | +71.1% |
| Cash at bank and in hand | 54/58 | €29,280 | €38,992 | +€9,712 | +33.2% |
| Deferred charges and accrued income | 490/1 | €928 | €15,000 | +€14,072 | +1,517% |
| Total equity and liabilities | 10/49 | €259,982 | €298,762 | +€38,780 | +14.9% |
| Equity | 10/15 | €36,454 | €63,592 | +€27,137 | +74.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €16,454 | €43,592 | +€27,137 | +165% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €14,454 | €41,592 | +€27,137 | +188% |
| Amounts payable | 17/49 | €223,527 | €235,170 | +€11,643 | +5.2% |
| Amounts payable after more than one year | 17 | €199,018 | €183,274 | -€15,744 | -7.9% |
| Financial debts | 170/4 | €199,018 | €183,274 | -€15,744 | -7.9% |
| Amounts payable within one year | 42/48 | €23,585 | €51,896 | +€28,311 | +120% |
| Current portion of amounts payable after more than one year | 42 | €15,336 | €15,744 | +€408 | +2.7% |
| Trade debts | 44 | €860 | €10,549 | +€9,690 | +1,127% |
| Suppliers | 440/4 | €860 | €10,549 | +€9,690 | +1,127% |
| Taxes, remuneration and social security | 45 | €7,389 | €7,880 | +€491 | +6.6% |
| Taxes | 450/3 | - | €584 | +€584 | |
| Remuneration and social security | 454/9 | €7,389 | €7,296 | -€93 | -1.3% |
| Other amounts payable | 47/48 | - | €17,723 | +€17,723 | |
| Accrued charges and deferred income | 492/3 | €924 | €0 | -€924 | -100% |
| Remuneration, social security and pensions | 62 | €105,282 | €104,094 | -€1,189 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,356 | €12,872 | -€1,485 | -10.3% |
| Other operating charges | 640/8 | €4,341 | €6,017 | +€1,676 | +38.6% |
| Gross operating margin | 9900 | €126,504 | €176,861 | +€50,357 | +39.8% |
| Operating profit (loss) | 9901 | €2,524 | €53,879 | +€51,355 | +2,035% |
| Financial income | 75/76B | €251 | €449 | +€199 | +79.3% |
| Recurring financial income | 75 | €251 | €449 | +€199 | +79.3% |
| Financial charges | 65/66B | €6,041 | €8,884 | +€2,843 | +47.1% |
| Recurring financial charges | 65 | €6,041 | €8,884 | +€2,843 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,267 | €45,444 | +€48,711 | |
| Income taxes | 67/77 | - | €584 | +€584 | |
| Profit (loss) for the period | 9904 | -€3,267 | €44,860 | +€48,127 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,267 | €44,860 | +€48,127 |
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 25 October 2026 via checked.be.