EVAMAX: 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
EVAMAX
NACE 47.241, Retail sale of bread and pastry (bakery outlets)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2,239
2024 · €2,890-€651
Equity
€22,251
2024 · €20,012+€2,239
Cash
€24,343
2024 · €24,538-€195
Balance sheet total
€273,792
2024 · €323,697-€49,904
Largest movements
Assets
- Intangible fixed assets -€36,500
down €36,500 (-21.1%), from €172,926 to €136,426
- Tangible fixed assets -€13,397
down €13,397 (-12.7%), from €105,451 to €92,054
of which Other tangible fixed assets: -€12,061
Equity and liabilities
- Debts after one year -€45,675
down €45,675 (-24.1%), from €189,463 to €143,788
- Trade debts -€5,114
down €5,114 (-14.5%), from €35,393 to €30,278
Income statement
- Gross operating margin -€6,464
down €6,464 (-3.4%), from €188,261 to €181,797
- Staff costs -€5,108
down €5,108 (-4.1%), from €125,181 to €120,072
- Financial charges -€2,301
down €2,301 (-22.6%), from €10,177 to €7,876
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.
Result 2024
€2,890
Gross operating margin
-€6,464
Staff costs
+€5,108
Depreciation
-€1,485
Other operating charges
-€365
Financial income
+€254
Financial charges
+€2,301
Result 2025
€2,239
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.
From operations
+€47,859
Investment
-€1,059
Financing
-€46,995
Cash 2024
€24,538
From operations (derived)
+€47,859
Net result for the year
+€2,239
Depreciation
+€50,957
Stocks and contracts
+€1,247
Receivables within one year
-€1,771
Deferred charges and accrued income
+€336
Trade debts
-€5,114
Tax, wage and social debts
+€1,449
Other debts
+€946
Accrued charges and deferred income
-€2,429
Investment (derived)
-€1,059
Investment in fixed assets (net)
-€1,059
Financing
-€46,995
Debts after one year
-€45,675
Current portion of long-term debt
-€1,320
Cash 2025
€24,343
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €323,697 | €273,792 | -€49,904 | -15.4% |
| Fixed assets | 21/28 | €278,924 | €229,027 | -€49,897 | -17.9% |
| Intangible fixed assets | 21 | €172,926 | €136,426 | -€36,500 | -21.1% |
| Tangible fixed assets | 22/27 | €105,451 | €92,054 | -€13,397 | -12.7% |
| Plant, machinery and equipment | 23 | €20,157 | €18,057 | -€2,100 | -10.4% |
| Furniture and vehicles | 24 | - | €763 | +€763 | |
| Other tangible fixed assets | 26 | €85,295 | €73,234 | -€12,061 | -14.1% |
| Financial fixed assets | 28 | €546 | €546 | = | 0.0% |
| Current assets | 29/58 | €44,773 | €44,765 | -€7 | 0.0% |
| Stocks and contracts in progress | 3 | €10,350 | €9,103 | -€1,247 | -12.0% |
| Stocks | 30/36 | €10,350 | €9,103 | -€1,247 | -12.0% |
| Amounts receivable within one year | 40/41 | €8,764 | €10,534 | +€1,771 | +20.2% |
| Trade receivables | 40 | €4,900 | €6,422 | +€1,522 | +31.1% |
| Other amounts receivable | 41 | €3,864 | €4,113 | +€249 | +6.4% |
| Cash at bank and in hand | 54/58 | €24,538 | €24,343 | -€195 | -0.8% |
| Deferred charges and accrued income | 490/1 | €1,121 | €785 | -€336 | -30.0% |
| Total equity and liabilities | 10/49 | €323,697 | €273,792 | -€49,904 | -15.4% |
| Equity | 10/15 | €20,012 | €22,251 | +€2,239 | +11.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,988 | -€27,749 | +€2,239 | +7.5% |
| Amounts payable | 17/49 | €303,685 | €251,541 | -€52,143 | -17.2% |
| Amounts payable after more than one year | 17 | €189,463 | €143,788 | -€45,675 | -24.1% |
| Financial debts | 170/4 | €189,463 | €143,788 | -€45,675 | -24.1% |
| Amounts payable within one year | 42/48 | €111,793 | €107,753 | -€4,040 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €46,995 | €45,675 | -€1,320 | -2.8% |
| Trade debts | 44 | €35,393 | €30,278 | -€5,114 | -14.5% |
| Suppliers | 440/4 | €35,393 | €30,278 | -€5,114 | -14.5% |
| Taxes, remuneration and social security | 45 | €23,763 | €25,212 | +€1,449 | +6.1% |
| Taxes | 450/3 | €2,366 | €1,702 | -€664 | -28.1% |
| Remuneration and social security | 454/9 | €21,397 | €23,510 | +€2,113 | +9.9% |
| Other amounts payable | 47/48 | €5,642 | €6,588 | +€946 | +16.8% |
| Accrued charges and deferred income | 492/3 | €2,429 | - | -€2,429 | |
| Remuneration, social security and pensions | 62 | €125,181 | €120,072 | -€5,108 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,471 | €50,957 | +€1,485 | +3.0% |
| Other operating charges | 640/8 | €544 | €909 | +€365 | +67.1% |
| Gross operating margin | 9900 | €188,261 | €181,797 | -€6,464 | -3.4% |
| Operating profit (loss) | 9901 | €13,065 | €9,859 | -€3,206 | -24.5% |
| Financial income | 75/76B | €1 | €255 | +€254 | +23126.4% |
| Recurring financial income | 75 | €1 | €255 | +€254 | +23126.4% |
| Financial charges | 65/66B | €10,177 | €7,876 | -€2,301 | -22.6% |
| Recurring financial charges | 65 | €10,177 | €7,876 | -€2,301 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €2,890 | €2,239 | -€651 | -22.5% |
| Profit (loss) for the period | 9904 | €2,890 | €2,239 | -€651 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,890 | €2,239 | -€651 | -22.5% |
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 6 October 2026 via checked.be.