EV Project: 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 Project
Largest movements
- Receivables within one year -€3,610
down €3,610 (-23.1%), from €15,609 to €11,999
of which Other amounts receivable: -€3,478
- Cash -€1,659
down €1,659 (-20.1%), from €8,260 to €6,600
mainly Trade debts (-€6,403) and Contributions, distributions and other (-€4,808)
- Deferred charges and accrued income -€717
down €717 (-87.9%), from €816 to €99
- Intangible fixed assets -€536
down €536 (-21.1%), from €2,543 to €2,007
- Tangible fixed assets -€474
down €474 (-13.7%), from €3,459 to €2,985
- Trade debts -€6,403
down €6,403 (-86.4%), from €7,413 to €1,010
- Profit (loss) carried forward -€2,727
down €2,727 (-18.6%), from €14,666 to €11,939
- Tax, wage and social debts +€1,941
up €1,941 (+29.4%), from €6,609 to €8,551
of which Remuneration and social security: +€1,858
- Gross operating margin -€14,125
down €14,125 (-61.6%), from €22,914 to €8,790
- Taxes -€2,133
down €2,133 (-38.8%), from €5,503 to €3,370
- Financial charges +€462
up €462 (+880.5%), from €52 to €514
- Depreciation +€422
up €422 (+18.4%), from €2,289 to €2,711
- Other operating charges -€351
down €351 (-51.5%), from €681 to €330
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 | €30,688 | €23,692 | -€6,996 | -22.8% |
| Fixed assets | 21/28 | €6,003 | €4,993 | -€1,010 | -16.8% |
| Intangible fixed assets | 21 | €2,543 | €2,007 | -€536 | -21.1% |
| Tangible fixed assets | 22/27 | €3,459 | €2,985 | -€474 | -13.7% |
| Furniture and vehicles | 24 | €3,459 | €2,985 | -€474 | -13.7% |
| Current assets | 29/58 | €24,685 | €18,699 | -€5,987 | -24.3% |
| Amounts receivable within one year | 40/41 | €15,609 | €11,999 | -€3,610 | -23.1% |
| Trade receivables | 40 | €7,266 | €7,135 | -€131 | -1.8% |
| Other amounts receivable | 41 | €8,343 | €4,865 | -€3,478 | -41.7% |
| Cash at bank and in hand | 54/58 | €8,260 | €6,600 | -€1,659 | -20.1% |
| Deferred charges and accrued income | 490/1 | €816 | €99 | -€717 | -87.9% |
| Total equity and liabilities | 10/49 | €30,688 | €23,692 | -€6,996 | -22.8% |
| Equity | 10/15 | €16,666 | €13,939 | -€2,727 | -16.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,666 | €11,939 | -€2,727 | -18.6% |
| Amounts payable | 17/49 | €14,023 | €9,753 | -€4,270 | -30.4% |
| Amounts payable within one year | 42/48 | €14,023 | €9,561 | -€4,462 | -31.8% |
| Trade debts | 44 | €7,413 | €1,010 | -€6,403 | -86.4% |
| Suppliers | 440/4 | €7,413 | €1,010 | -€6,403 | -86.4% |
| Taxes, remuneration and social security | 45 | €6,609 | €8,551 | +€1,941 | +29.4% |
| Taxes | 450/3 | €6,609 | €6,692 | +€83 | +1.3% |
| Remuneration and social security | 454/9 | - | €1,858 | +€1,858 | |
| Accrued charges and deferred income | 492/3 | - | €192 | +€192 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,289 | €2,711 | +€422 | +18.4% |
| Other operating charges | 640/8 | €681 | €330 | -€351 | -51.5% |
| Gross operating margin | 9900 | €22,914 | €8,790 | -€14,125 | -61.6% |
| Operating profit (loss) | 9901 | €19,944 | €5,749 | -€14,196 | -71.2% |
| Financial income | 75/76B | €277 | €217 | -€60 | -21.7% |
| Recurring financial income | 75 | €277 | €217 | -€60 | -21.7% |
| Financial charges | 65/66B | €52 | €514 | +€462 | +880.5% |
| Recurring financial charges | 65 | €52 | €514 | +€462 | +880.5% |
| Profit (loss) for the period before taxes | 9903 | €20,169 | €5,451 | -€14,718 | -73.0% |
| Income taxes | 67/77 | €5,503 | €3,370 | -€2,133 | -38.8% |
| Profit (loss) for the period | 9904 | €14,666 | €2,081 | -€12,584 | -85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,666 | €2,081 | -€12,584 | -85.8% |
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 11 October 2026 via checked.be.