EV IMMOBILIER: 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 IMMOBILIER
Largest movements
- Cash +€75,187
up €75,187 (+58.1%), from €129,327 to €204,514
mainly Other debts (+€58,676) and Net result for the year (+€50,073)
- Receivables within one year -€20,312
down €20,312 (-22.9%), from €88,532 to €68,220
of which Trade receivables: -€20,312
- Tangible fixed assets -€3,093
down €3,093 (-40.2%), from €7,701 to €4,608
- Other debts +€58,676
up €58,676 (+92.7%), from €63,323 to €121,998
- Tax, wage and social debts -€30,112
down €30,112 (-66.3%), from €45,409 to €15,297
of which Remuneration and social security: -€18,366
- Profit (loss) carried forward +€30,073
up €30,073 (+26.9%), from -€111,687 to -€81,614
- Trade debts -€23,097
down €23,097 (-38.9%), from €59,374 to €36,277
- Reserves +€20,000
up €20,000 (+12.6%), from €158,652 to €178,652
- Gross operating margin +€106,066
up €106,066 (+867%), from €12,228 to €118,294
- Staff costs -€20,791
down €20,791 (-29.8%), from €69,725 to €48,934
- Other operating charges -€12,077
down €12,077 (-54.9%), from €21,983 to €9,906
- Depreciation -€4,146
down €4,146 (-57.3%), from €7,239 to €3,093
- Taxes +€2,115
up €2,115 (+662%), from €320 to €2,435
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 | €231,130 | €281,964 | +€50,834 | +22.0% |
| Fixed assets | 21/28 | €8,401 | €5,308 | -€3,093 | -36.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €7,701 | €4,608 | -€3,093 | -40.2% |
| Plant, machinery and equipment | 23 | €1,721 | €735 | -€986 | -57.3% |
| Furniture and vehicles | 24 | €3,461 | €2,336 | -€1,125 | -32.5% |
| Other tangible fixed assets | 26 | €2,518 | €1,537 | -€981 | -39.0% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €222,729 | €276,656 | +€53,927 | +24.2% |
| Amounts receivable within one year | 40/41 | €88,532 | €68,220 | -€20,312 | -22.9% |
| Trade receivables | 40 | €87,332 | €67,020 | -€20,312 | -23.3% |
| Other amounts receivable | 41 | €1,200 | €1,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €129,327 | €204,514 | +€75,187 | +58.1% |
| Deferred charges and accrued income | 490/1 | €4,870 | €3,922 | -€948 | -19.5% |
| Total equity and liabilities | 10/49 | €231,130 | €281,964 | +€50,834 | +22.0% |
| Equity | 10/15 | €54,156 | €104,229 | +€50,073 | +92.5% |
| Contributions | 10/11 | €7,190 | €7,190 | = | 0.0% |
| Reserves | 13 | €158,652 | €178,652 | +€20,000 | +12.6% |
| Distributable reserves | 133 | €158,652 | €178,652 | +€20,000 | +12.6% |
| Profit (loss) carried forward | 14 | -€111,687 | -€81,614 | +€30,073 | +26.9% |
| Amounts payable | 17/49 | €176,974 | €177,735 | +€761 | +0.4% |
| Amounts payable within one year | 42/48 | €176,242 | €176,604 | +€362 | +0.2% |
| Financial debts | 43 | €8,136 | €3,032 | -€5,104 | -62.7% |
| Other loans | 439 | €8,136 | €3,032 | -€5,104 | -62.7% |
| Trade debts | 44 | €59,374 | €36,277 | -€23,097 | -38.9% |
| Suppliers | 440/4 | €59,374 | €36,277 | -€23,097 | -38.9% |
| Taxes, remuneration and social security | 45 | €45,409 | €15,297 | -€30,112 | -66.3% |
| Taxes | 450/3 | €20,744 | €8,998 | -€11,746 | -56.6% |
| Remuneration and social security | 454/9 | €24,665 | €6,299 | -€18,366 | -74.5% |
| Other amounts payable | 47/48 | €63,323 | €121,998 | +€58,676 | +92.7% |
| Accrued charges and deferred income | 492/3 | €732 | €1,132 | +€400 | +54.6% |
| Remuneration, social security and pensions | 62 | €69,725 | €48,934 | -€20,791 | -29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,239 | €3,093 | -€4,146 | -57.3% |
| Other operating charges | 640/8 | €21,983 | €9,906 | -€12,077 | -54.9% |
| Gross operating margin | 9900 | €12,228 | €118,294 | +€106,066 | +867% |
| Operating profit (loss) | 9901 | -€86,718 | €56,361 | +€143,079 | |
| Financial income | 75/76B | €6 | €1 | -€5 | -86.9% |
| Recurring financial income | 75 | €6 | €1 | -€5 | -86.9% |
| Financial charges | 65/66B | €4,865 | €3,854 | -€1,012 | -20.8% |
| Recurring financial charges | 65 | €4,865 | €3,854 | -€1,012 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | -€91,577 | €52,508 | +€144,086 | |
| Income taxes | 67/77 | €320 | €2,435 | +€2,115 | +662% |
| Profit (loss) for the period | 9904 | -€91,897 | €50,073 | +€141,970 | |
| Profit (loss) for the period to be appropriated | 9905 | -€91,897 | €50,073 | +€141,970 |
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 28 October 2026 via checked.be.