EV Liège: what changed
Two fiscal 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 Liège
Largest movements
- Cash +€23,814
up €23,814 (+12.5%), from €190,215 to €214,030
mainly Net result for the year (+€103,081) and Tax, wage and social debts (+€14,062)
- Deferred charges and accrued income +€22,546
up €22,546 (+7.2%), from €314,930 to €337,476
- Receivables within one year +€18,105
up €18,105 (+64.2%), from €28,222 to €46,326
- Profit (loss) carried forward +€103,081
up €103,081 (+38.7%), from -€266,216 to -€163,135
- Short-term financial debts -€34,861
down €34,861 (-47.6%), from €73,313 to €38,452
- Debts after one year -€16,037
down €16,037 (-33.6%), from €47,660 to €31,623
- Tax, wage and social debts +€14,062
up €14,062 (+23.4%), from €60,195 to €74,257
of which Taxes: +€12,607
- Accrued charges and deferred income +€13,486
up €13,486 (+9.6%), from €140,991 to €154,476
- Gross operating margin +€143,878
up €143,878 (+296.4%), from €48,547 to €192,425
- Financial charges -€9,218
down €9,218 (-37.8%), from €24,400 to €15,182
- Depreciation -€6,976
down €6,976 (-67.3%), from €10,367 to €3,391
- Staff costs +€6,496
up €6,496 (+11.0%), from €59,067 to €65,564
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.
Cash bridge derived
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 | €541,707 | €603,243 | +€61,536 | +11.4% |
| Fixed assets | 21/28 | €8,340 | €5,411 | -€2,929 | -35.1% |
| Tangible fixed assets | 22/27 | €5,520 | €2,591 | -€2,929 | -53.1% |
| Plant, machinery and equipment | 23 | - | €343 | +€343 | |
| Furniture and vehicles | 24 | €3,908 | €1,305 | -€2,603 | -66.6% |
| Other tangible fixed assets | 26 | €1,612 | €943 | -€669 | -41.5% |
| Financial fixed assets | 28 | €2,820 | €2,820 | = | 0.0% |
| Current assets | 29/58 | €533,367 | €597,832 | +€64,466 | +12.1% |
| Amounts receivable within one year | 40/41 | €28,222 | €46,326 | +€18,105 | +64.2% |
| Trade receivables | 40 | €28,222 | €46,326 | +€18,105 | +64.2% |
| Cash at bank and in hand | 54/58 | €190,215 | €214,030 | +€23,814 | +12.5% |
| Deferred charges and accrued income | 490/1 | €314,930 | €337,476 | +€22,546 | +7.2% |
| Total equity and liabilities | 10/49 | €541,707 | €603,243 | +€61,536 | +11.4% |
| Equity | 10/15 | -€126,216 | -€23,135 | +€103,081 | +81.7% |
| Contributions | 10/11 | €140,000 | €140,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€266,216 | -€163,135 | +€103,081 | +38.7% |
| Amounts payable | 17/49 | €667,923 | €626,379 | -€41,545 | -6.2% |
| Amounts payable after more than one year | 17 | €47,660 | €31,623 | -€16,037 | -33.6% |
| Financial debts | 170/4 | €47,660 | €31,623 | -€16,037 | -33.6% |
| Amounts payable within one year | 42/48 | €479,273 | €440,279 | -€38,994 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €18,467 | €16,037 | -€2,430 | -13.2% |
| Financial debts | 43 | €73,313 | €38,452 | -€34,861 | -47.6% |
| Credit institutions | 430/8 | €73,313 | €38,452 | -€34,861 | -47.6% |
| Trade debts | 44 | €102,434 | €94,037 | -€8,397 | -8.2% |
| Suppliers | 440/4 | €102,434 | €94,037 | -€8,397 | -8.2% |
| Advances received on contracts in progress | 46 | €183,150 | €175,900 | -€7,250 | -4.0% |
| Taxes, remuneration and social security | 45 | €60,195 | €74,257 | +€14,062 | +23.4% |
| Taxes | 450/3 | €52,622 | €65,229 | +€12,607 | +24.0% |
| Remuneration and social security | 454/9 | €7,573 | €9,028 | +€1,455 | +19.2% |
| Other amounts payable | 47/48 | €41,714 | €41,598 | -€116 | -0.3% |
| Accrued charges and deferred income | 492/3 | €140,991 | €154,476 | +€13,486 | +9.6% |
| Remuneration, social security and pensions | 62 | €59,067 | €65,564 | +€6,496 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,367 | €3,391 | -€6,976 | -67.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,084 | +€1,084 | |
| Other operating charges | 640/8 | €2,948 | €3,853 | +€904 | +30.7% |
| Gross operating margin | 9900 | €48,547 | €192,425 | +€143,878 | +296.4% |
| Operating profit (loss) | 9901 | -€23,835 | €118,533 | +€142,369 | |
| Financial income | 75/76B | €45 | €69 | +€24 | +54.6% |
| Recurring financial income | 75 | €45 | €69 | +€24 | +54.6% |
| Financial charges | 65/66B | €24,400 | €15,182 | -€9,218 | -37.8% |
| Recurring financial charges | 65 | €24,400 | €15,182 | -€9,218 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | -€48,190 | €103,421 | +€151,611 | |
| Income taxes | 67/77 | €532 | €340 | -€192 | -36.1% |
| Profit (loss) for the period | 9904 | -€48,722 | €103,081 | +€151,803 | |
| Profit (loss) for the period to be appropriated | 9905 | -€48,722 | €103,081 | +€151,803 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.