EVALEX: 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.
EVALEX
Largest movements
- Receivables after one year +€100,000
new in 2025: €100,000
- Receivables within one year -€66,644
down €66,644 (-74.4%), from €89,520 to €22,876
of which Other amounts receivable: -€70,000
- Cash +€43,034
up €43,034 (+71.6%), from €60,137 to €103,171
mainly Net result for the year (+€97,717) and Receivables within one year (+€66,644)
- Deferred charges and accrued income +€4,146
new in 2025: €4,146
- Reserves +€97,717
up €97,717 (+59.9%), from €163,059 to €260,777
- Tax, wage and social debts -€17,742
down €17,742 (-56.4%), from €31,456 to €13,713
- Financial income +€7,769
up €7,769 (+6954.7%), from €112 to €7,881
- Gross operating margin +€2,376
up €2,376 (+2.1%), from €115,191 to €117,568
- Taxes +€2,175
up €2,175 (+9.0%), from €24,151 to €26,326
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 | €200,286 | €280,331 | +€80,044 | +40.0% |
| Fixed assets | 21/28 | €1,048 | €556 | -€492 | -46.9% |
| Tangible fixed assets | 22/27 | €1,048 | €556 | -€492 | -46.9% |
| Furniture and vehicles | 24 | €1,048 | €556 | -€492 | -46.9% |
| Current assets | 29/58 | €199,238 | €279,774 | +€80,536 | +40.4% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €89,520 | €22,876 | -€66,644 | -74.4% |
| Trade receivables | 40 | €14,520 | €17,876 | +€3,356 | +23.1% |
| Other amounts receivable | 41 | €75,000 | €5,000 | -€70,000 | -93.3% |
| Current investments | 50/53 | €49,581 | €49,581 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €60,137 | €103,171 | +€43,034 | +71.6% |
| Deferred charges and accrued income | 490/1 | - | €4,146 | +€4,146 | |
| Total equity and liabilities | 10/49 | €200,286 | €280,331 | +€80,044 | +40.0% |
| Equity | 10/15 | €168,059 | €265,777 | +€97,717 | +58.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €163,059 | €260,777 | +€97,717 | +59.9% |
| Distributable reserves | 133 | €163,059 | €260,777 | +€97,717 | +59.9% |
| Amounts payable | 17/49 | €32,227 | €14,554 | -€17,673 | -54.8% |
| Amounts payable within one year | 42/48 | €32,227 | €14,554 | -€17,673 | -54.8% |
| Trade debts | 44 | €682 | €751 | +€70 | +10.2% |
| Suppliers | 440/4 | €682 | €751 | +€70 | +10.2% |
| Taxes, remuneration and social security | 45 | €31,456 | €13,713 | -€17,742 | -56.4% |
| Taxes | 450/3 | €31,456 | €13,713 | -€17,742 | -56.4% |
| Other amounts payable | 47/48 | €90 | €90 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €427 | €492 | +€65 | +15.1% |
| Other operating charges | 640/8 | €534 | €515 | -€19 | -3.6% |
| Gross operating margin | 9900 | €115,191 | €117,568 | +€2,376 | +2.1% |
| Operating profit (loss) | 9901 | €114,230 | €116,561 | +€2,331 | +2.0% |
| Financial income | 75/76B | €112 | €7,881 | +€7,769 | +6954.7% |
| Recurring financial income | 75 | €112 | €7,881 | +€7,769 | +6954.7% |
| Financial charges | 65/66B | €192 | €399 | +€207 | +107.6% |
| Recurring financial charges | 65 | €192 | €399 | +€207 | +107.6% |
| Profit (loss) for the period before taxes | 9903 | €114,149 | €124,043 | +€9,894 | +8.7% |
| Income taxes | 67/77 | €24,151 | €26,326 | +€2,175 | +9.0% |
| Profit (loss) for the period | 9904 | €89,998 | €97,717 | +€7,719 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €89,998 | €97,717 | +€7,719 | +8.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.