EV-quip: 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-quip
Largest movements
- Stocks and contracts +€31,321
up €31,321 (+41.0%), from €76,350 to €107,671
- Receivables within one year -€23,611
down €23,611 (-8.0%), from €294,349 to €270,738
of which Other amounts receivable: -€37,481
- Cash +€16,150
up €16,150 (+144%), from €11,253 to €27,403
mainly Net result for the year (+€39,692) and Receivables within one year (+€23,611)
- Intangible fixed assets -€10,185
down €10,185 (-14.3%), from €71,297 to €61,112
- Reserves +€39,692
up €39,692 (+20.2%), from €196,766 to €236,459
- Tax, wage and social debts -€15,003
down €15,003 (-25.3%), from €59,351 to €44,348
of which Taxes: -€21,323
- Trade debts -€14,079
down €14,079 (-7.9%), from €178,180 to €164,101
- Gross operating margin -€115,910
down €115,910 (-41.6%), from €278,426 to €162,516
- Taxes -€38,668
down €38,668 (-67.1%), from €57,599 to €18,931
- Staff costs +€10,254
up €10,254 (+12.7%), from €80,441 to €90,695
- Financial charges -€4,082
down €4,082 (-59.8%), from €6,821 to €2,739
- Depreciation +€2,902
up €2,902 (+27.2%), from €10,674 to €13,576
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 | €466,199 | €476,610 | +€10,411 | +2.2% |
| Fixed assets | 21/28 | €83,948 | €70,372 | -€13,576 | -16.2% |
| Intangible fixed assets | 21 | €71,297 | €61,112 | -€10,185 | -14.3% |
| Tangible fixed assets | 22/27 | €12,651 | €9,260 | -€3,391 | -26.8% |
| Furniture and vehicles | 24 | €12,651 | €9,260 | -€3,391 | -26.8% |
| Current assets | 29/58 | €382,251 | €406,238 | +€23,987 | +6.3% |
| Stocks and contracts in progress | 3 | €76,350 | €107,671 | +€31,321 | +41.0% |
| Stocks | 30/36 | €76,350 | €107,671 | +€31,321 | +41.0% |
| Amounts receivable within one year | 40/41 | €294,349 | €270,738 | -€23,611 | -8.0% |
| Trade receivables | 40 | €157,237 | €171,107 | +€13,871 | +8.8% |
| Other amounts receivable | 41 | €137,113 | €99,631 | -€37,481 | -27.3% |
| Cash at bank and in hand | 54/58 | €11,253 | €27,403 | +€16,150 | +144% |
| Deferred charges and accrued income | 490/1 | €298 | €426 | +€127 | +42.6% |
| Total equity and liabilities | 10/49 | €466,199 | €476,610 | +€10,411 | +2.2% |
| Equity | 10/15 | €211,766 | €251,459 | +€39,692 | +18.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €196,766 | €236,459 | +€39,692 | +20.2% |
| Distributable reserves | 133 | €196,766 | €236,459 | +€39,692 | +20.2% |
| Amounts payable | 17/49 | €254,433 | €225,151 | -€29,281 | -11.5% |
| Amounts payable within one year | 42/48 | €254,433 | €225,151 | -€29,281 | -11.5% |
| Financial debts | 43 | €16,902 | €16,703 | -€200 | -1.2% |
| Credit institutions | 430/8 | €16,902 | €16,703 | -€200 | -1.2% |
| Trade debts | 44 | €178,180 | €164,101 | -€14,079 | -7.9% |
| Suppliers | 440/4 | €178,180 | €164,101 | -€14,079 | -7.9% |
| Taxes, remuneration and social security | 45 | €59,351 | €44,348 | -€15,003 | -25.3% |
| Taxes | 450/3 | €45,878 | €24,556 | -€21,323 | -46.5% |
| Remuneration and social security | 454/9 | €13,472 | €19,792 | +€6,320 | +46.9% |
| Remuneration, social security and pensions | 62 | €80,441 | €90,695 | +€10,254 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,674 | €13,576 | +€2,902 | +27.2% |
| Other operating charges | 640/8 | €617 | €584 | -€33 | -5.4% |
| Gross operating margin | 9900 | €278,426 | €162,516 | -€115,910 | -41.6% |
| Operating profit (loss) | 9901 | €186,694 | €57,661 | -€129,033 | -69.1% |
| Financial income | 75/76B | €1,392 | €3,701 | +€2,309 | +166% |
| Recurring financial income | 75 | €1,392 | €3,701 | +€2,309 | +166% |
| Financial charges | 65/66B | €6,821 | €2,739 | -€4,082 | -59.8% |
| Recurring financial charges | 65 | €6,821 | €2,739 | -€4,082 | -59.8% |
| Profit (loss) for the period before taxes | 9903 | €181,265 | €58,623 | -€122,642 | -67.7% |
| Income taxes | 67/77 | €57,599 | €18,931 | -€38,668 | -67.1% |
| Profit (loss) for the period | 9904 | €123,666 | €39,692 | -€83,974 | -67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €123,666 | €39,692 | -€83,974 | -67.9% |
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 22 October 2026 via checked.be.