EVALEM BETA: 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.
What changed
EVALEM BETA
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€24,980
2023 · -€7,705-€17,276
Equity
€1.9m
2023 · €1.9m-€24,980
Cash
€572
2023 · €52+€519
Balance sheet total
€5.2m
2023 · €5.4m-€152,989
Largest movements
Assets
- Tangible fixed assets -€104,861
down €104,861 (-5.0%), from €2.1m to €2.0m
Equity and liabilities
- Debts after one year -€193,454
down €193,454 (-7.4%), from €2.6m to €2.4m
of which Financial debts: -€202,974
Income statement
- Depreciation +€11,815
up €11,815 (+12.7%), from €93,046 to €104,861
- Financial income -€8,325
down €8,325 (-63.1%), from €13,197 to €4,873
- Taxes -€6,255
down €6,255 (-84.9%), from €7,371 to €1,117
- Gross operating margin -€3,310
down €3,310 (-1.7%), from €197,451 to €194,141
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.
Result 2023
-€7,705
Gross operating margin
-€3,310
Depreciation
-€11,815
Financial income
-€8,325
Financial charges
-€82
Taxes
+€6,255
Deferred taxes and other
+€2
Result 2024
-€24,980
Cash bridge derived
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.
From operations
+€136,769
Investment
€0
Financing
-€136,250
Cash 2023
€52
From operations (derived)
+€136,769
Net result for the year
-€24,980
Depreciation
+€104,861
Receivables within one year
+€47,866
Deferred charges and accrued income
+€782
Provisions
-€9,786
Trade debts
+€24,041
Tax, wage and social debts
-€6,255
Other debts
+€240
Financing
-€136,250
Debts after one year
-€193,454
Current portion of long-term debt
+€29,159
Short-term financial debts
+€28,046
Cash 2024
€572
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,365,288 | €5,212,299 | -€152,989 | -2.9% |
| Fixed assets | 21/28 | €4,877,595 | €4,772,734 | -€104,861 | -2.1% |
| Tangible fixed assets | 22/27 | €2,117,595 | €2,012,734 | -€104,861 | -5.0% |
| Land and buildings | 22 | €2,117,595 | €2,012,734 | -€104,861 | -5.0% |
| Financial fixed assets | 28 | €2,760,000 | €2,760,000 | = | 0.0% |
| Current assets | 29/58 | €487,693 | €439,565 | -€48,128 | -9.9% |
| Amounts receivable within one year | 40/41 | €483,870 | €436,004 | -€47,866 | -9.9% |
| Trade receivables | 40 | €32,953 | €15,794 | -€17,159 | -52.1% |
| Other amounts receivable | 41 | €450,916 | €420,210 | -€30,707 | -6.8% |
| Cash at bank and in hand | 54/58 | €52 | €572 | +€519 | +990.8% |
| Deferred charges and accrued income | 490/1 | €3,771 | €2,990 | -€782 | -20.7% |
| Total equity and liabilities | 10/49 | €5,365,288 | €5,212,299 | -€152,989 | -2.9% |
| Equity | 10/15 | €1,889,706 | €1,864,726 | -€24,980 | -1.3% |
| Contributions | 10/11 | €813,716 | €813,716 | = | 0.0% |
| Capital | 10 | €813,716 | €813,716 | = | 0.0% |
| Issued capital | 100 | €813,716 | €813,716 | = | 0.0% |
| Reserves | 13 | €1,019,895 | €991,933 | -€27,961 | -2.7% |
| Non-distributable reserves | 130/1 | €8,395 | €8,395 | = | 0.0% |
| Legal reserve | 130 | €8,395 | €8,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €947,490 | €919,529 | -€27,961 | -3.0% |
| Distributable reserves | 133 | €64,009 | €64,009 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,096 | €59,077 | +€2,981 | +5.3% |
| Provisions and deferred taxes | 16 | €269,195 | €259,409 | -€9,786 | -3.6% |
| Deferred taxes | 168 | €269,195 | €259,409 | -€9,786 | -3.6% |
| Amounts payable | 17/49 | €3,206,387 | €3,088,164 | -€118,223 | -3.7% |
| Amounts payable after more than one year | 17 | €2,614,512 | €2,421,058 | -€193,454 | -7.4% |
| Financial debts | 170/4 | €2,582,376 | €2,379,401 | -€202,974 | -7.9% |
| Other amounts payable | 178/9 | €32,137 | €41,657 | +€9,520 | +29.6% |
| Amounts payable within one year | 42/48 | €591,875 | €667,106 | +€75,231 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €190,374 | €219,533 | +€29,159 | +15.3% |
| Financial debts | 43 | €367,431 | €395,477 | +€28,046 | +7.6% |
| Credit institutions | 430/8 | €367,431 | €395,477 | +€28,046 | +7.6% |
| Trade debts | 44 | €26,699 | €50,740 | +€24,041 | +90.0% |
| Suppliers | 440/4 | €26,699 | €50,740 | +€24,041 | +90.0% |
| Taxes, remuneration and social security | 45 | €7,371 | €1,117 | -€6,255 | -84.9% |
| Taxes | 450/3 | €7,371 | €1,117 | -€6,255 | -84.9% |
| Other amounts payable | 47/48 | - | €240 | +€240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,046 | €104,861 | +€11,815 | +12.7% |
| Gross operating margin | 9900 | €197,451 | €194,141 | -€3,310 | -1.7% |
| Operating profit (loss) | 9901 | €104,405 | €89,280 | -€15,125 | -14.5% |
| Financial income | 75/76B | €13,197 | €4,873 | -€8,325 | -63.1% |
| Recurring financial income | 75 | €13,197 | €4,873 | -€8,325 | -63.1% |
| Financial charges | 65/66B | €127,719 | €127,802 | +€82 | +0.1% |
| Recurring financial charges | 65 | €127,719 | €127,802 | +€82 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,117 | -€33,649 | -€23,532 | -232.6% |
| Transfer from deferred taxes | 780 | €9,784 | €9,786 | +€2 | 0.0% |
| Income taxes | 67/77 | €7,371 | €1,117 | -€6,255 | -84.9% |
| Profit (loss) for the period | 9904 | -€7,705 | -€24,980 | -€17,276 | -224.2% |
| Transfer from tax-exempt reserves | 789 | €27,954 | €27,961 | +€8 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,249 | €2,981 | -€17,268 | -85.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.