Evarco: 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
Evarco
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,534
2024 · -€61,908+€65,441
Equity
€1.3m
2024 · €1.3m+€3,534
Cash
€11,753
2024 · €14,222-€2,469
Balance sheet total
€1.9m
2024 · €1.9m+€8,079
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Current portion of long-term debt +€31,859
up €31,859 (+111.0%), from €28,715 to €60,574
Income statement
- Other operating charges -€91,686
down €91,686 (-81.4%), from €112,647 to €20,962
- Depreciation +€16,685
up €16,685 (+22.3%), from €74,667 to €91,353
- Gross operating margin +€11,639
up €11,639 (+10.1%), from €115,553 to €127,192
- Financial charges -€2,875
down €2,875 (-23.3%), from €12,313 to €9,438
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
-€61,908
Gross operating margin
+€11,639
Depreciation
-€16,685
Other operating charges
+€91,686
Financial income
+€7
Financial charges
+€2,875
Taxes
-€589
Deferred taxes and other
-€23,491
Result 2025
€3,534
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
+€65,291
Investment
-€105,564
Financing
+€37,804
Cash 2024
€14,222
From operations (derived)
+€65,291
Net result for the year
+€3,534
Depreciation
+€91,353
Receivables after one year
+€18,200
Receivables within one year
-€13,836
Deferred charges and accrued income
-€702
Provisions
-€12,915
Trade debts
+€5,378
Tax, wage and social debts
-€7,398
Other debts
-€18,323
Investment (derived)
-€105,564
Investment in fixed assets (net)
-€105,564
Financing
+€37,804
Debts after one year
+€5,944
Current portion of long-term debt
+€31,859
Cash 2025
€11,753
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,881,364 | €1,889,443 | +€8,079 | +0.4% |
| Fixed assets | 21/28 | €1,739,656 | €1,753,867 | +€14,211 | +0.8% |
| Tangible fixed assets | 22/27 | €1,739,656 | €1,753,867 | +€14,211 | +0.8% |
| Land and buildings | 22 | €1,630,609 | €1,615,883 | -€14,727 | -0.9% |
| Plant, machinery and equipment | 23 | €15,738 | €65,096 | +€49,358 | +313.6% |
| Furniture and vehicles | 24 | €92,294 | €71,113 | -€21,181 | -22.9% |
| Leasing and similar rights | 25 | - | €1,099 | +€1,099 | |
| Other tangible fixed assets | 26 | €1,013 | €676 | -€338 | -33.3% |
| Current assets | 29/58 | €141,708 | €135,577 | -€6,132 | -4.3% |
| Amounts receivable after more than one year | 29 | €86,750 | €68,550 | -€18,200 | -21.0% |
| Other amounts receivable | 291 | €86,750 | €68,550 | -€18,200 | -21.0% |
| Amounts receivable within one year | 40/41 | €38,438 | €52,273 | +€13,836 | +36.0% |
| Trade receivables | 40 | €25,982 | €42,151 | +€16,169 | +62.2% |
| Other amounts receivable | 41 | €12,456 | €10,122 | -€2,334 | -18.7% |
| Cash at bank and in hand | 54/58 | €14,222 | €11,753 | -€2,469 | -17.4% |
| Deferred charges and accrued income | 490/1 | €2,299 | €3,000 | +€702 | +30.5% |
| Total equity and liabilities | 10/49 | €1,881,364 | €1,889,443 | +€8,079 | +0.4% |
| Equity | 10/15 | €1,264,925 | €1,268,458 | +€3,534 | +0.3% |
| Contributions | 10/11 | €208,958 | €208,958 | = | 0.0% |
| Capital | 10 | €208,958 | €208,958 | = | 0.0% |
| Issued capital | 100 | €208,958 | €208,958 | = | 0.0% |
| Reserves | 13 | €1,055,967 | €1,059,501 | +€3,534 | +0.3% |
| Non-distributable reserves | 130/1 | €17,310 | €19,810 | +€2,500 | +14.4% |
| Legal reserve | 130 | €17,310 | €19,810 | +€2,500 | +14.4% |
| Tax-exempt reserves | 132 | €814,018 | €775,273 | -€38,745 | -4.8% |
| Distributable reserves | 133 | €224,640 | €264,418 | +€39,779 | +17.7% |
| Provisions and deferred taxes | 16 | €271,339 | €258,424 | -€12,915 | -4.8% |
| Deferred taxes | 168 | €271,339 | €258,424 | -€12,915 | -4.8% |
| Amounts payable | 17/49 | €345,100 | €362,561 | +€17,461 | +5.1% |
| Amounts payable after more than one year | 17 | €192,410 | €198,354 | +€5,944 | +3.1% |
| Financial debts | 170/4 | €180,126 | €187,232 | +€7,107 | +3.9% |
| Other amounts payable | 178/9 | €12,284 | €11,122 | -€1,163 | -9.5% |
| Amounts payable within one year | 42/48 | €152,690 | €164,207 | +€11,517 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €28,715 | €60,574 | +€31,859 | +111.0% |
| Trade debts | 44 | €8,622 | €14,000 | +€5,378 | +62.4% |
| Suppliers | 440/4 | €8,622 | €14,000 | +€5,378 | +62.4% |
| Taxes, remuneration and social security | 45 | €16,982 | €9,584 | -€7,398 | -43.6% |
| Taxes | 450/3 | €16,982 | €9,584 | -€7,398 | -43.6% |
| Other amounts payable | 47/48 | €98,371 | €80,049 | -€18,323 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,667 | €91,353 | +€16,685 | +22.3% |
| Other operating charges | 640/8 | €112,647 | €20,962 | -€91,686 | -81.4% |
| Gross operating margin | 9900 | €115,553 | €127,192 | +€11,639 | +10.1% |
| Operating profit (loss) | 9901 | -€71,762 | €14,878 | +€86,640 | |
| Financial income | 75/76B | €2,004 | €2,011 | +€7 | +0.4% |
| Recurring financial income | 75 | €2,004 | €2,011 | +€7 | +0.4% |
| Financial charges | 65/66B | €12,313 | €9,438 | -€2,875 | -23.3% |
| Recurring financial charges | 65 | €12,313 | €9,438 | -€2,875 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | -€82,071 | €7,451 | +€89,522 | |
| Transfer from deferred taxes | 780 | €36,406 | €12,915 | -€23,491 | -64.5% |
| Income taxes | 67/77 | €16,243 | €16,832 | +€589 | +3.6% |
| Profit (loss) for the period | 9904 | -€61,908 | €3,534 | +€65,441 | |
| Transfer from tax-exempt reserves | 789 | €109,219 | €38,745 | -€70,474 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,311 | €42,279 | -€5,033 | -10.6% |
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.