EVARDI: what changed
Two financial 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.
EVARDI
Largest movements
- Cash +€14,414
up €14,414 (+99.3%), from €14,522 to €28,936
mainly Net result for the year (+€25,186) and Depreciation (+€8,164)
- Tangible fixed assets +€6,364
up €6,364 (+87.6%), from €7,263 to €13,627
of which Furniture and vehicles: +€7,766
- Receivables within one year +€3,868
up €3,868 (+21.3%), from €18,117 to €21,984
of which Other amounts receivable: +€3,021
- Reserves +€25,000
up €25,000 (+833.3%), from €3,000 to €28,000
of which Distributable reserves: +€25,000
- Other debts -€6,266
down €6,266 (-46.2%), from €13,553 to €7,288
- Tax, wage and social debts +€4,491
up €4,491 (+127.0%), from €3,537 to €8,028
- Accrued charges and deferred income +€1,100
new in 2025: €1,100
- Gross operating margin +€34,500
up €34,500 (+290.0%), from €11,895 to €46,395
- Taxes +€10,460
up €10,460 (+2649.7%), from €395 to €10,854
- Depreciation +€5,421
up €5,421 (+197.7%), from €2,743 to €8,164
- Financial income -€1,742
down €1,742 (-91.0%), from €1,915 to €172
- Financial charges +€965
up €965 (+886.3%), from €109 to €1,074
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 | €40,767 | €65,595 | +€24,827 | +60.9% |
| Fixed assets | 21/28 | €7,263 | €13,627 | +€6,364 | +87.6% |
| Tangible fixed assets | 22/27 | €7,263 | €13,627 | +€6,364 | +87.6% |
| Furniture and vehicles | 24 | €3,834 | €11,600 | +€7,766 | +202.6% |
| Other tangible fixed assets | 26 | €3,429 | €2,026 | -€1,402 | -40.9% |
| Current assets | 29/58 | €33,505 | €51,968 | +€18,463 | +55.1% |
| Amounts receivable within one year | 40/41 | €18,117 | €21,984 | +€3,868 | +21.3% |
| Trade receivables | 40 | €16,940 | €17,787 | +€847 | +5.0% |
| Other amounts receivable | 41 | €1,177 | €4,197 | +€3,021 | +256.7% |
| Cash at bank and in hand | 54/58 | €14,522 | €28,936 | +€14,414 | +99.3% |
| Deferred charges and accrued income | 490/1 | €866 | €1,047 | +€181 | +20.9% |
| Total equity and liabilities | 10/49 | €40,767 | €65,595 | +€24,827 | +60.9% |
| Equity | 10/15 | €22,349 | €47,535 | +€25,186 | +112.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,000 | €28,000 | +€25,000 | +833.3% |
| Tax-exempt reserves | 132 | €92 | €92 | = | 0.0% |
| Distributable reserves | 133 | €2,908 | €27,908 | +€25,000 | +859.7% |
| Profit (loss) carried forward | 14 | €749 | €935 | +€186 | +24.8% |
| Amounts payable | 17/49 | €18,418 | €18,059 | -€359 | -1.9% |
| Amounts payable within one year | 42/48 | €18,418 | €16,959 | -€1,459 | -7.9% |
| Trade debts | 44 | €1,327 | €1,643 | +€315 | +23.8% |
| Suppliers | 440/4 | €1,327 | €1,643 | +€315 | +23.8% |
| Taxes, remuneration and social security | 45 | €3,537 | €8,028 | +€4,491 | +127.0% |
| Taxes | 450/3 | €3,537 | €8,028 | +€4,491 | +127.0% |
| Other amounts payable | 47/48 | €13,553 | €7,288 | -€6,266 | -46.2% |
| Accrued charges and deferred income | 492/3 | - | €1,100 | +€1,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,743 | €8,164 | +€5,421 | +197.7% |
| Other operating charges | 640/8 | €1,199 | €1,231 | +€32 | +2.7% |
| Non-recurring operating charges | 66A | - | €58 | +€58 | |
| Gross operating margin | 9900 | €11,895 | €46,395 | +€34,500 | +290.0% |
| Operating profit (loss) | 9901 | €7,953 | €36,942 | +€28,989 | +364.5% |
| Financial income | 75/76B | €1,915 | €172 | -€1,742 | -91.0% |
| Recurring financial income | 75 | €1,915 | €172 | -€1,742 | -91.0% |
| Financial charges | 65/66B | €109 | €1,074 | +€965 | +886.3% |
| Recurring financial charges | 65 | €109 | €1,074 | +€965 | +886.3% |
| Profit (loss) for the period before taxes | 9903 | €9,759 | €36,040 | +€26,282 | +269.3% |
| Income taxes | 67/77 | €395 | €10,854 | +€10,460 | +2649.7% |
| Profit (loss) for the period | 9904 | €9,364 | €25,186 | +€15,822 | +169.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,364 | €25,186 | +€15,822 | +169.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.