EVA MORENO: 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.
EVA MORENO
Largest movements
- Current investments +€200,000
up €200,000 (+200.0%), from €100,000 to €300,000
- Financial fixed assets +€184,792
up €184,792 (+207.8%), from €88,907 to €273,699
- Tangible fixed assets -€129,744
down €129,744 (-97.7%), from €132,801 to €3,057
of which Land and buildings: -€115,133
- Cash -€53,074
down €53,074 (-34.6%), from €153,432 to €100,358
mainly Current investments (-€200,000) and Investment in fixed assets (net) (-€67,066)
- Reserves +€208,000
up €208,000 (+153.1%), from €135,860 to €343,860
- Tax, wage and social debts +€9,721
up €9,721 (+44.7%), from €21,738 to €31,459
- Trade debts -€8,854
down €8,854 (-98.0%), from €9,039 to €184
- Gross operating margin +€170,120
up €170,120 (+215.6%), from €78,911 to €249,031
- Taxes +€7,860
up €7,860 (+35.3%), from €22,272 to €30,132
- Depreciation -€4,882
down €4,882 (-28.9%), from €16,901 to €12,019
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 | €491,412 | €695,582 | +€204,171 | +41.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €221,708 | €276,756 | +€55,048 | +24.8% |
| Tangible fixed assets | 22/27 | €132,801 | €3,057 | -€129,744 | -97.7% |
| Land and buildings | 22 | €115,133 | - | -€115,133 | |
| Plant, machinery and equipment | 23 | €6,060 | €3,057 | -€3,004 | -49.6% |
| Furniture and vehicles | 24 | €11,607 | €0 | -€11,607 | -100.0% |
| Financial fixed assets | 28 | €88,907 | €273,699 | +€184,792 | +207.8% |
| Current assets | 29/58 | €269,704 | €418,827 | +€149,123 | +55.3% |
| Amounts receivable within one year | 40/41 | €13,795 | €15,966 | +€2,170 | +15.7% |
| Trade receivables | 40 | €13,795 | €13,613 | -€183 | -1.3% |
| Other amounts receivable | 41 | - | €2,353 | +€2,353 | |
| Current investments | 50/53 | €100,000 | €300,000 | +€200,000 | +200.0% |
| Cash at bank and in hand | 54/58 | €153,432 | €100,358 | -€53,074 | -34.6% |
| Deferred charges and accrued income | 490/1 | €2,477 | €2,503 | +€26 | +1.1% |
| Total equity and liabilities | 10/49 | €491,412 | €695,582 | +€204,171 | +41.5% |
| Equity | 10/15 | €447,174 | €655,289 | +€208,115 | +46.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €135,860 | €343,860 | +€208,000 | +153.1% |
| Distributable reserves | 133 | €135,860 | €343,860 | +€208,000 | +153.1% |
| Profit (loss) carried forward | 14 | €292,714 | €292,829 | +€115 | 0.0% |
| Amounts payable | 17/49 | €44,238 | €40,294 | -€3,944 | -8.9% |
| Amounts payable within one year | 42/48 | €44,154 | €40,208 | -€3,946 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €13,352 | €8,500 | -€4,852 | -36.3% |
| Trade debts | 44 | €9,039 | €184 | -€8,854 | -98.0% |
| Suppliers | 440/4 | €9,039 | €184 | -€8,854 | -98.0% |
| Taxes, remuneration and social security | 45 | €21,738 | €31,459 | +€9,721 | +44.7% |
| Taxes | 450/3 | €21,738 | €31,459 | +€9,721 | +44.7% |
| Other amounts payable | 47/48 | €25 | €64 | +€39 | +155.1% |
| Accrued charges and deferred income | 492/3 | €84 | €86 | +€2 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,901 | €12,019 | -€4,882 | -28.9% |
| Other operating charges | 640/8 | €2,738 | €2,842 | +€104 | +3.8% |
| Gross operating margin | 9900 | €78,911 | €249,031 | +€170,120 | +215.6% |
| Operating profit (loss) | 9901 | €59,272 | €234,170 | +€174,898 | +295.1% |
| Financial income | 75/76B | €3,282 | €5,617 | +€2,335 | +71.1% |
| Recurring financial income | 75 | €3,282 | €5,617 | +€2,335 | +71.1% |
| Financial charges | 65/66B | €897 | €1,540 | +€643 | +71.7% |
| Recurring financial charges | 65 | €897 | €1,540 | +€643 | +71.7% |
| Profit (loss) for the period before taxes | 9903 | €61,657 | €238,247 | +€176,590 | +286.4% |
| Income taxes | 67/77 | €22,272 | €30,132 | +€7,860 | +35.3% |
| Profit (loss) for the period | 9904 | €39,385 | €208,115 | +€168,730 | +428.4% |
| Profit (loss) for the period to be appropriated | 9905 | €39,385 | €208,115 | +€168,730 | +428.4% |
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 9 October 2026 via checked.be.