EVALTO: 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.
EVALTO
Largest movements
- Receivables within one year +€34,763
up €34,763 (+36.4%), from €95,532 to €130,295
of which Trade receivables: +€38,419
- Cash +€23,758
up €23,758 (+56.8%), from €41,841 to €65,599
mainly Net result for the year (+€65,168) and Depreciation (+€50,244)
- Tangible fixed assets -€6,021
down €6,021 (-1.7%), from €361,309 to €355,287
of which Furniture and vehicles: -€21,404
- Reserves +€65,168
up €65,168 (+22.2%), from €293,490 to €358,658
- Debts after one year -€6,375
down €6,375 (-4.0%), from €159,855 to €153,480
- Staff costs +€38,972
up €38,972 (+215.7%), from €18,068 to €57,040
- Gross operating margin +€32,791
up €32,791 (+18.7%), from €175,183 to €207,974
- Taxes -€4,047
down €4,047 (-13.3%), from €30,537 to €26,490
- Depreciation -€3,076
down €3,076 (-5.8%), from €53,321 to €50,244
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 | €520,682 | €575,182 | +€54,500 | +10.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €375,309 | €369,287 | -€6,021 | -1.6% |
| Tangible fixed assets | 22/27 | €361,309 | €355,287 | -€6,021 | -1.7% |
| Land and buildings | 22 | €282,465 | €272,505 | -€9,961 | -3.5% |
| Plant, machinery and equipment | 23 | €21,382 | €46,726 | +€25,343 | +118.5% |
| Furniture and vehicles | 24 | €57,461 | €36,057 | -€21,404 | -37.2% |
| Financial fixed assets | 28 | €14,000 | €14,000 | = | 0.0% |
| Current assets | 29/58 | €145,373 | €205,895 | +€60,521 | +41.6% |
| Stocks and contracts in progress | 3 | €8,000 | €10,000 | +€2,000 | +25.0% |
| Stocks | 30/36 | €8,000 | €10,000 | +€2,000 | +25.0% |
| Amounts receivable within one year | 40/41 | €95,532 | €130,295 | +€34,763 | +36.4% |
| Trade receivables | 40 | €87,921 | €126,340 | +€38,419 | +43.7% |
| Other amounts receivable | 41 | €7,612 | €3,955 | -€3,656 | -48.0% |
| Cash at bank and in hand | 54/58 | €41,841 | €65,599 | +€23,758 | +56.8% |
| Total equity and liabilities | 10/49 | €520,682 | €575,182 | +€54,500 | +10.5% |
| Equity | 10/15 | €312,490 | €377,658 | +€65,168 | +20.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €293,490 | €358,658 | +€65,168 | +22.2% |
| Distributable reserves | 133 | €293,490 | €358,658 | +€65,168 | +22.2% |
| Amounts payable | 17/49 | €208,192 | €197,524 | -€10,668 | -5.1% |
| Amounts payable after more than one year | 17 | €159,855 | €153,480 | -€6,375 | -4.0% |
| Financial debts | 170/4 | €159,855 | €153,480 | -€6,375 | -4.0% |
| Amounts payable within one year | 42/48 | €48,338 | €44,045 | -€4,293 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €16,719 | €11,727 | -€4,992 | -29.9% |
| Trade debts | 44 | €1,765 | €0 | -€1,765 | -100.0% |
| Suppliers | 440/4 | €1,765 | €0 | -€1,765 | -100.0% |
| Taxes, remuneration and social security | 45 | €26,166 | €26,346 | +€180 | +0.7% |
| Taxes | 450/3 | €21,663 | €21,879 | +€217 | +1.0% |
| Remuneration and social security | 454/9 | €4,503 | €4,466 | -€37 | -0.8% |
| Other amounts payable | 47/48 | €3,688 | €5,972 | +€2,284 | +61.9% |
| Remuneration, social security and pensions | 62 | €18,068 | €57,040 | +€38,972 | +215.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,321 | €50,244 | -€3,076 | -5.8% |
| Other operating charges | 640/8 | €2,382 | €3,492 | +€1,110 | +46.6% |
| Gross operating margin | 9900 | €175,183 | €207,974 | +€32,791 | +18.7% |
| Operating profit (loss) | 9901 | €101,412 | €97,198 | -€4,214 | -4.2% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €6,039 | €5,540 | -€499 | -8.3% |
| Recurring financial charges | 65 | €6,039 | €5,540 | -€499 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €95,378 | €91,658 | -€3,720 | -3.9% |
| Income taxes | 67/77 | €30,537 | €26,490 | -€4,047 | -13.3% |
| Profit (loss) for the period | 9904 | €64,841 | €65,168 | +€327 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,841 | €65,168 | +€327 | +0.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.