EV Goat: what changed
EV Goat
Largest movements
- Receivables within one year +€9,148
up €9,148 (+52.9%), from €17,280 to €26,429
of which Trade receivables: +€5,342
- Intangible fixed assets +€1,461
new in 2026: €1,461
- Cash -€696
down €696 (-86.8%), from €802 to €106
mainly Receivables within one year (-€9,148) and Investment in fixed assets (net) (-€4,244)
- Tangible fixed assets -€377
down €377 (-7.4%), from €5,075 to €4,698
of which Plant, machinery and equipment: -€1,142
- Tax, wage and social debts +€6,186
up €6,186 (+123%), from €5,028 to €11,214
of which Remuneration and social security: +€7,431
- Profit (loss) carried forward +€4,611
up €4,611 (+45.5%), from €10,145 to €14,756
- Other debts -€2,000
no longer reported in 2026 (was €2,000)
- Trade debts +€740
up €740 (+14.8%), from €4,985 to €5,724
- Gross operating margin -€6,820
down €6,820 (-26.9%), from €25,321 to €18,501
- Staff costs +€5,286
new in 2026: €5,286
- Other operating charges -€2,269
down €2,269 (-51.9%), from €4,368 to €2,099
- Taxes -€1,681
down €1,681 (-41.4%), from €4,057 to €2,376
- Depreciation +€1,171
up €1,171 (+58.9%), from €1,988 to €3,159
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,157 | €32,694 | +€9,537 | +41.2% |
| Fixed assets | 21/28 | €5,075 | €6,159 | +€1,084 | +21.4% |
| Intangible fixed assets | 21 | - | €1,461 | +€1,461 | |
| Tangible fixed assets | 22/27 | €5,075 | €4,698 | -€377 | -7.4% |
| Land and buildings | 22 | - | €529 | +€529 | |
| Plant, machinery and equipment | 23 | €4,290 | €3,148 | -€1,142 | -26.6% |
| Furniture and vehicles | 24 | €785 | €1,021 | +€236 | +30.1% |
| Current assets | 29/58 | €18,082 | €26,535 | +€8,452 | +46.7% |
| Amounts receivable within one year | 40/41 | €17,280 | €26,429 | +€9,148 | +52.9% |
| Trade receivables | 40 | €13,108 | €18,450 | +€5,342 | +40.8% |
| Other amounts receivable | 41 | €4,173 | €7,979 | +€3,806 | +91.2% |
| Cash at bank and in hand | 54/58 | €802 | €106 | -€696 | -86.8% |
| Total equity and liabilities | 10/49 | €23,157 | €32,694 | +€9,537 | +41.2% |
| Equity | 10/15 | €11,145 | €15,756 | +€4,611 | +41.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,145 | €14,756 | +€4,611 | +45.5% |
| Amounts payable | 17/49 | €12,012 | €16,938 | +€4,926 | +41.0% |
| Amounts payable within one year | 42/48 | €12,012 | €16,938 | +€4,926 | +41.0% |
| Trade debts | 44 | €4,985 | €5,724 | +€740 | +14.8% |
| Suppliers | 440/4 | €4,985 | €5,724 | +€740 | +14.8% |
| Taxes, remuneration and social security | 45 | €5,028 | €11,214 | +€6,186 | +123% |
| Taxes | 450/3 | €5,028 | €3,783 | -€1,245 | -24.8% |
| Remuneration and social security | 454/9 | - | €7,431 | +€7,431 | |
| Other amounts payable | 47/48 | €2,000 | - | -€2,000 | |
| Remuneration, social security and pensions | 62 | - | €5,286 | +€5,286 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,988 | €3,159 | +€1,171 | +58.9% |
| Other operating charges | 640/8 | €4,368 | €2,099 | -€2,269 | -51.9% |
| Gross operating margin | 9900 | €25,321 | €18,501 | -€6,820 | -26.9% |
| Operating profit (loss) | 9901 | €18,965 | €7,956 | -€11,009 | -58.0% |
| Financial income | 75/76B | €1 | €89 | +€88 | +9,793% |
| Recurring financial income | 75 | €1 | €89 | +€88 | +9,793% |
| Financial charges | 65/66B | €1,252 | €1,058 | -€193 | -15.5% |
| Recurring financial charges | 65 | €1,252 | €1,058 | -€193 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €17,714 | €6,987 | -€10,727 | -60.6% |
| Income taxes | 67/77 | €4,057 | €2,376 | -€1,681 | -41.4% |
| Profit (loss) for the period | 9904 | €13,657 | €4,611 | -€9,046 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,657 | €4,611 | -€9,046 | -66.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.