EV GROUP: 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.
EV GROUP
Largest movements
- Cash +€108,728
up €108,728 (+26.8%), from €405,865 to €514,592
mainly Trade debts (+€121,122) and Net result for the year (+€100,112)
- Receivables within one year +€51,120
up €51,120 (+9.7%), from €528,465 to €579,585
of which Other amounts receivable: +€104,512
- Trade debts +€121,122
up €121,122 (+16.1%), from €751,441 to €872,563
- Accrued charges and deferred income -€115,746
no longer reported in 2025 (was €115,746)
- Profit (loss) carried forward +€100,112
up €100,112 (+2,711%), from €3,693 to €103,804
- Tax, wage and social debts +€51,049
up €51,049 (+463%), from €11,026 to €62,075
of which Taxes: +€42,360
- Other debts +€28,209
new in 2025: €28,209
- Gross operating margin +€307,217
up €307,217 (+4,878%), from €6,298 to €313,515
- Write-downs +€166,835
new in 2025: €166,835
- Taxes +€37,668
up €37,668 (+547%), from €6,891 to €44,559
- Financial charges +€15,017
up €15,017 (+1,652%), from €909 to €15,926
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 | €942,405 | €1,102,169 | +€159,764 | +17.0% |
| Fixed assets | 21/28 | €7,000 | €7,000 | = | 0.0% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €935,405 | €1,095,169 | +€159,764 | +17.1% |
| Amounts receivable within one year | 40/41 | €528,465 | €579,585 | +€51,120 | +9.7% |
| Trade receivables | 40 | €211,017 | €157,624 | -€53,392 | -25.3% |
| Other amounts receivable | 41 | €317,448 | €421,960 | +€104,512 | +32.9% |
| Cash at bank and in hand | 54/58 | €405,865 | €514,592 | +€108,728 | +26.8% |
| Deferred charges and accrued income | 490/1 | €1,076 | €992 | -€84 | -7.8% |
| Total equity and liabilities | 10/49 | €942,405 | €1,102,169 | +€159,764 | +17.0% |
| Equity | 10/15 | €64,193 | €139,322 | +€75,129 | +117% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €54,300 | €29,318 | -€24,982 | -46.0% |
| Non-distributable reserves | 130/1 | €194 | €194 | = | 0.0% |
| Reserves not available under the articles | 1311 | €194 | €194 | = | 0.0% |
| Distributable reserves | 133 | €54,106 | €29,123 | -€24,982 | -46.2% |
| Profit (loss) carried forward | 14 | €3,693 | €103,804 | +€100,112 | +2,711% |
| Amounts payable | 17/49 | €878,213 | €962,847 | +€84,635 | +9.6% |
| Amounts payable within one year | 42/48 | €762,467 | €962,847 | +€200,380 | +26.3% |
| Trade debts | 44 | €751,441 | €872,563 | +€121,122 | +16.1% |
| Suppliers | 440/4 | €751,441 | €872,563 | +€121,122 | +16.1% |
| Taxes, remuneration and social security | 45 | €11,026 | €62,075 | +€51,049 | +463% |
| Taxes | 450/3 | €11,026 | €53,386 | +€42,360 | +384% |
| Remuneration and social security | 454/9 | - | €8,689 | +€8,689 | |
| Other amounts payable | 47/48 | - | €28,209 | +€28,209 | |
| Accrued charges and deferred income | 492/3 | €115,746 | - | -€115,746 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129 | - | -€129 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €166,835 | +€166,835 | |
| Other operating charges | 640/8 | €1,522 | €2,587 | +€1,065 | +70.0% |
| Gross operating margin | 9900 | €6,298 | €313,515 | +€307,217 | +4,878% |
| Operating profit (loss) | 9901 | €4,647 | €144,093 | +€139,446 | +3,001% |
| Financial income | 75/76B | €16,085 | €16,504 | +€419 | +2.6% |
| Recurring financial income | 75 | €16,085 | €16,504 | +€419 | +2.6% |
| Financial charges | 65/66B | €909 | €15,926 | +€15,017 | +1,652% |
| Recurring financial charges | 65 | €909 | €15,926 | +€15,017 | +1,652% |
| Profit (loss) for the period before taxes | 9903 | €19,823 | €144,671 | +€124,848 | +630% |
| Income taxes | 67/77 | €6,891 | €44,559 | +€37,668 | +547% |
| Profit (loss) for the period | 9904 | €12,933 | €100,112 | +€87,179 | +674% |
| Profit (loss) for the period to be appropriated | 9905 | €12,933 | €100,112 | +€87,179 | +674% |
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 16 October 2026 via checked.be.