EVART: 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.
EVART
Largest movements
- Receivables within one year +€64,506
up €64,506 (+188%), from €34,258 to €98,765
of which Trade receivables: +€60,533
- Tangible fixed assets -€13,112
down €13,112 (-10.4%), from €126,525 to €113,413
of which Leasing and similar rights: -€11,745
- Stocks and contracts +€9,578
up €9,578 (+97.4%), from €9,837 to €19,415
- Intangible fixed assets -€5,215
down €5,215 (-11.1%), from €46,935 to €41,720
- Advances received +€51,802
new in 2025: €51,802
- Tax, wage and social debts -€28,252
down €28,252 (-28.4%), from €99,572 to €71,319
of which Taxes: -€29,168
- Debts after one year +€22,528
up €22,528 (+24.9%), from €90,528 to €113,056
- Trade debts +€13,183
up €13,183 (+12.8%), from €103,106 to €116,288
- Current portion of long-term debt +€12,383
up €12,383 (+41.8%), from €29,599 to €41,981
- Gross operating margin +€80,173
up €80,173 (+23.7%), from €338,786 to €418,959
- Staff costs +€75,121
up €75,121 (+25.5%), from €294,155 to €369,275
- Depreciation +€4,721
up €4,721 (+15.8%), from €29,914 to €34,635
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.
Derived cash bridge
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 | €440,402 | €494,661 | +€54,259 | +12.3% |
| Formation expenses | 20 | €352 | - | -€352 | |
| Fixed assets | 21/28 | €349,120 | €330,793 | -€18,327 | -5.2% |
| Intangible fixed assets | 21 | €46,935 | €41,720 | -€5,215 | -11.1% |
| Tangible fixed assets | 22/27 | €126,525 | €113,413 | -€13,112 | -10.4% |
| Plant, machinery and equipment | 23 | €61,068 | €49,487 | -€11,581 | -19.0% |
| Furniture and vehicles | 24 | €4,079 | €2,701 | -€1,378 | -33.8% |
| Leasing and similar rights | 25 | €15,281 | €3,536 | -€11,745 | -76.9% |
| Other tangible fixed assets | 26 | €46,097 | €57,689 | +€11,592 | +25.1% |
| Financial fixed assets | 28 | €175,660 | €175,660 | = | 0.0% |
| Current assets | 29/58 | €90,930 | €163,868 | +€72,938 | +80.2% |
| Stocks and contracts in progress | 3 | €9,837 | €19,415 | +€9,578 | +97.4% |
| Stocks | 30/36 | €9,837 | €19,415 | +€9,578 | +97.4% |
| Amounts receivable within one year | 40/41 | €34,258 | €98,765 | +€64,506 | +188% |
| Trade receivables | 40 | €28,723 | €89,255 | +€60,533 | +211% |
| Other amounts receivable | 41 | €5,535 | €9,509 | +€3,974 | +71.8% |
| Cash at bank and in hand | 54/58 | €41,368 | €44,864 | +€3,496 | +8.5% |
| Deferred charges and accrued income | 490/1 | €5,468 | €824 | -€4,643 | -84.9% |
| Total equity and liabilities | 10/49 | €440,402 | €494,661 | +€54,259 | +12.3% |
| Equity | 10/15 | €108,799 | €100,214 | -€8,585 | -7.9% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Contributions outside capital | 11 | €12,500 | €12,500 | = | 0.0% |
| Other | 1109/19 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €53,974 | €53,974 | = | 0.0% |
| Distributable reserves | 133 | €53,974 | €53,974 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,325 | €33,740 | -€8,585 | -20.3% |
| Amounts payable | 17/49 | €331,602 | €394,447 | +€62,844 | +19.0% |
| Amounts payable after more than one year | 17 | €90,528 | €113,056 | +€22,528 | +24.9% |
| Financial debts | 170/4 | €90,528 | €113,056 | +€22,528 | +24.9% |
| Amounts payable within one year | 42/48 | €232,276 | €281,391 | +€49,115 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €29,599 | €41,981 | +€12,383 | +41.8% |
| Trade debts | 44 | €103,106 | €116,288 | +€13,183 | +12.8% |
| Suppliers | 440/4 | €103,106 | €116,288 | +€13,183 | +12.8% |
| Advances received on contracts in progress | 46 | - | €51,802 | +€51,802 | |
| Taxes, remuneration and social security | 45 | €99,572 | €71,319 | -€28,252 | -28.4% |
| Taxes | 450/3 | €66,317 | €37,149 | -€29,168 | -44.0% |
| Remuneration and social security | 454/9 | €33,255 | €34,171 | +€916 | +2.8% |
| Accrued charges and deferred income | 492/3 | €8,798 | - | -€8,798 | |
| Remuneration, social security and pensions | 62 | €294,155 | €369,275 | +€75,121 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,914 | €34,635 | +€4,721 | +15.8% |
| Other operating charges | 640/8 | €14,329 | €17,196 | +€2,868 | +20.0% |
| Gross operating margin | 9900 | €338,786 | €418,959 | +€80,173 | +23.7% |
| Operating profit (loss) | 9901 | €389 | -€2,147 | -€2,536 | |
| Financial income | 75/76B | €750 | €1,760 | +€1,010 | +135% |
| Recurring financial income | 75 | €750 | €641 | -€109 | -14.5% |
| Non-recurring financial income | 76B | - | €1,118 | +€1,118 | |
| Financial charges | 65/66B | €8,736 | €7,928 | -€808 | -9.3% |
| Recurring financial charges | 65 | €8,736 | €7,928 | -€808 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,597 | -€8,315 | -€718 | -9.5% |
| Income taxes | 67/77 | -€2,078 | €270 | +€2,347 | |
| Profit (loss) for the period | 9904 | -€5,520 | -€8,585 | -€3,066 | -55.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,520 | -€8,585 | -€3,066 | -55.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.