EV&S: 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&S
Largest movements
- Tangible fixed assets +€42,356
up €42,356 (+14.9%), from €285,099 to €327,455
of which Land and buildings: +€51,668
- Cash -€27,602
down €27,602 (-23.9%), from €115,525 to €87,923
mainly Investment in fixed assets (net) (-€68,040) and Debts after one year (-€61,512)
- Debts after one year -€61,512
down €61,512 (-20.8%), from €295,894 to €234,382
- Trade debts +€38,645
up €38,645 (+5,597%), from €690 to €39,335
- Other debts +€31,293
up €31,293 (+514%), from €6,091 to €37,384
- Turnover +€83,114
new in 2024: €83,114
- Financial income -€49,999
down €49,999 (-100.0%), from €50,000 to €1
of which Non-recurring financial income: -€50,000
- Purchases and services +€27,194
new in 2024: €27,194
- Gross operating margin +€24,045
up €24,045 (+75.4%), from €31,885 to €55,930
- Depreciation -€21,017
down €21,017 (-45.0%), from €46,701 to €25,684
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €427,544 | €440,238 | +€12,694 | +3.0% |
| Fixed assets | 21/28 | €285,099 | €327,455 | +€42,356 | +14.9% |
| Tangible fixed assets | 22/27 | €285,099 | €327,455 | +€42,356 | +14.9% |
| Land and buildings | 22 | €264,285 | €315,953 | +€51,668 | +19.6% |
| Plant, machinery and equipment | 23 | €1,140 | €855 | -€285 | -25.0% |
| Furniture and vehicles | 24 | €19,675 | €10,647 | -€9,028 | -45.9% |
| Current assets | 29/58 | €142,444 | €112,783 | -€29,661 | -20.8% |
| Amounts receivable within one year | 40/41 | €26,919 | €24,860 | -€2,059 | -7.6% |
| Trade receivables | 40 | €15,832 | €20,072 | +€4,240 | +26.8% |
| Other amounts receivable | 41 | €11,087 | €4,788 | -€6,299 | -56.8% |
| Cash at bank and in hand | 54/58 | €115,525 | €87,923 | -€27,602 | -23.9% |
| Total equity and liabilities | 10/49 | €427,544 | €440,238 | +€12,694 | +3.0% |
| Equity | 10/15 | €63,356 | €66,375 | +€3,019 | +4.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | - | €12,400 | +€12,400 | |
| Issued capital | 100 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €20,084 | €20,084 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €20,084 | €20,084 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €30,873 | €33,891 | +€3,018 | +9.8% |
| Amounts payable | 17/49 | €364,187 | €373,863 | +€9,676 | +2.7% |
| Amounts payable after more than one year | 17 | €295,894 | €234,382 | -€61,512 | -20.8% |
| Financial debts | 170/4 | €295,894 | €234,382 | -€61,512 | -20.8% |
| Amounts payable within one year | 42/48 | €68,293 | €138,231 | +€69,938 | +102% |
| Current portion of amounts payable after more than one year | 42 | €61,512 | €61,512 | -€0 | 0.0% |
| Trade debts | 44 | €690 | €39,335 | +€38,645 | +5,597% |
| Suppliers | 440/4 | €690 | €39,335 | +€38,645 | +5,597% |
| Other amounts payable | 47/48 | €6,091 | €37,384 | +€31,293 | +514% |
| Accrued charges and deferred income | 492/3 | - | €1,250 | +€1,250 | |
| Turnover | 70 | - | €83,114 | +€83,114 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €27,194 | +€27,194 | |
| Remuneration, social security and pensions | 62 | - | €3,492 | +€3,492 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,701 | €25,684 | -€21,017 | -45.0% |
| Other operating charges | 640/8 | €2,039 | €3,248 | +€1,209 | +59.3% |
| Gross operating margin | 9900 | €31,885 | €55,930 | +€24,045 | +75.4% |
| Operating profit (loss) | 9901 | -€16,855 | €23,506 | +€40,361 | |
| Financial income | 75/76B | €50,000 | €1 | -€49,999 | -100.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +2,400% |
| Non-recurring financial income | 76B | €50,000 | - | -€50,000 | |
| Financial charges | 65/66B | €8,393 | €7,184 | -€1,209 | -14.4% |
| Recurring financial charges | 65 | €8,393 | €7,184 | -€1,209 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €24,752 | €16,323 | -€8,429 | -34.1% |
| Income taxes | 67/77 | - | €13,305 | +€13,305 | |
| Profit (loss) for the period | 9904 | €24,752 | €3,018 | -€21,734 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,752 | €3,018 | -€21,734 | -87.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.