EVCN: 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.
EVCN
Largest movements
- Cash -€14,550
down €14,550 (-95.9%), from €15,173 to €622
mainly Contributions, distributions and other (-€12,500) and Tax, wage and social debts (-€2,989)
- Receivables within one year +€709
up €709 (+10.7%), from €6,630 to €7,339
of which Other amounts receivable: +€2,210
- Tangible fixed assets -€246
down €246 (-61.0%), from €403 to €157
- Profit (loss) carried forward -€13,729
down €13,729 (-97.3%), from €14,111 to €381
- Tax, wage and social debts -€2,989
down €2,989 (-97.7%), from €3,061 to €71
- Trade debts +€2,666
new in 2024: €2,666
- Gross operating margin -€2,436
down €2,436 (-58.9%), from €4,134 to €1,698
- Taxes +€510
up €510 (+67.1%), from €761 to €1,271
- Financial charges -€237
down €237 (-68.6%), from €345 to €109
of which Non-recurring financial charges: -€138
- Other operating charges +€157
up €157 (+13.7%), from €1,144 to €1,301
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,206 | €8,118 | -€14,087 | -63.4% |
| Fixed assets | 21/28 | €403 | €157 | -€246 | -61.0% |
| Tangible fixed assets | 22/27 | €403 | €157 | -€246 | -61.0% |
| Furniture and vehicles | 24 | €403 | €157 | -€246 | -61.0% |
| Current assets | 29/58 | €21,803 | €7,961 | -€13,842 | -63.5% |
| Amounts receivable within one year | 40/41 | €6,630 | €7,339 | +€709 | +10.7% |
| Trade receivables | 40 | €6,630 | €5,129 | -€1,501 | -22.6% |
| Other amounts receivable | 41 | - | €2,210 | +€2,210 | |
| Cash at bank and in hand | 54/58 | €15,173 | €622 | -€14,550 | -95.9% |
| Total equity and liabilities | 10/49 | €22,206 | €8,118 | -€14,087 | -63.4% |
| Equity | 10/15 | €19,111 | €5,381 | -€13,729 | -71.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,111 | €381 | -€13,729 | -97.3% |
| Amounts payable | 17/49 | €3,095 | €2,737 | -€358 | -11.6% |
| Amounts payable within one year | 42/48 | €3,095 | €2,737 | -€358 | -11.6% |
| Trade debts | 44 | - | €2,666 | +€2,666 | |
| Suppliers | 440/4 | - | €2,666 | +€2,666 | |
| Taxes, remuneration and social security | 45 | €3,061 | €71 | -€2,989 | -97.7% |
| Taxes | 450/3 | €3,061 | €71 | -€2,989 | -97.7% |
| Other amounts payable | 47/48 | €35 | - | -€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246 | €246 | = | 0.0% |
| Other operating charges | 640/8 | €1,144 | €1,301 | +€157 | +13.7% |
| Gross operating margin | 9900 | €4,134 | €1,698 | -€2,436 | -58.9% |
| Operating profit (loss) | 9901 | €2,743 | €151 | -€2,593 | -94.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €345 | €109 | -€237 | -68.6% |
| Recurring financial charges | 65 | €207 | €109 | -€99 | -47.6% |
| Non-recurring financial charges | 66B | €138 | - | -€138 | |
| Profit (loss) for the period before taxes | 9903 | €2,398 | €42 | -€2,356 | -98.2% |
| Income taxes | 67/77 | €761 | €1,271 | +€510 | +67.1% |
| Profit (loss) for the period | 9904 | €1,637 | -€1,229 | -€2,867 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,637 | -€1,229 | -€2,867 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.