EVD Management: 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.
EVD Management
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€17,901
down €17,901 (-27.4%), from €65,252 to €47,352
mainly Current investments (-€100,000) and Receivables within one year (-€5,211)
- Receivables within one year +€5,211
up €5,211 (+26.8%), from €19,437 to €24,649
of which Other amounts receivable: +€3,850
- Reserves +€68,345
up €68,345 (+92.5%), from €73,848 to €142,193
- Tax, wage and social debts +€19,619
up €19,619 (+66.6%), from €29,445 to €49,064
- Gross operating margin -€6,608
down €6,608 (-6.7%), from €98,674 to €92,066
- Taxes -€1,323
down €1,323 (-6.4%), from €20,614 to €19,292
- Depreciation +€1,224
up €1,224 (+73.2%), from €1,673 to €2,898
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 | €109,541 | €198,960 | +€89,419 | +81.6% |
| Fixed assets | 21/28 | €20,786 | €22,246 | +€1,460 | +7.0% |
| Tangible fixed assets | 22/27 | €20,786 | €22,246 | +€1,460 | +7.0% |
| Land and buildings | 22 | €19,972 | €17,814 | -€2,158 | -10.8% |
| Plant, machinery and equipment | 23 | €814 | €2,744 | +€1,930 | +237.1% |
| Furniture and vehicles | 24 | - | €1,688 | +€1,688 | |
| Current assets | 29/58 | €88,756 | €176,714 | +€87,959 | +99.1% |
| Amounts receivable within one year | 40/41 | €19,437 | €24,649 | +€5,211 | +26.8% |
| Trade receivables | 40 | €18,483 | €19,845 | +€1,361 | +7.4% |
| Other amounts receivable | 41 | €954 | €4,804 | +€3,850 | +403.5% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €65,252 | €47,352 | -€17,901 | -27.4% |
| Deferred charges and accrued income | 490/1 | €4,066 | €4,714 | +€648 | +15.9% |
| Total equity and liabilities | 10/49 | €109,541 | €198,960 | +€89,419 | +81.6% |
| Equity | 10/15 | €76,848 | €145,193 | +€68,345 | +88.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €73,848 | €142,193 | +€68,345 | +92.5% |
| Distributable reserves | 133 | €73,848 | €142,193 | +€68,345 | +92.5% |
| Amounts payable | 17/49 | €32,694 | €53,767 | +€21,073 | +64.5% |
| Amounts payable within one year | 42/48 | €32,694 | €53,659 | +€20,965 | +64.1% |
| Trade debts | 44 | €3,249 | €4,595 | +€1,346 | +41.4% |
| Suppliers | 440/4 | €3,249 | €4,595 | +€1,346 | +41.4% |
| Taxes, remuneration and social security | 45 | €29,445 | €49,064 | +€19,619 | +66.6% |
| Taxes | 450/3 | €29,445 | €49,064 | +€19,619 | +66.6% |
| Accrued charges and deferred income | 492/3 | - | €108 | +€108 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,673 | €2,898 | +€1,224 | +73.2% |
| Other operating charges | 640/8 | €1,121 | €1,073 | -€48 | -4.3% |
| Gross operating margin | 9900 | €98,674 | €92,066 | -€6,608 | -6.7% |
| Operating profit (loss) | 9901 | €95,880 | €88,096 | -€7,784 | -8.1% |
| Financial income | 75/76B | €1 | €625 | +€624 | +124830.0% |
| Recurring financial income | 75 | €1 | €625 | +€624 | +124830.0% |
| Financial charges | 65/66B | €1,418 | €1,083 | -€335 | -23.6% |
| Recurring financial charges | 65 | €1,418 | €1,083 | -€335 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €94,462 | €87,637 | -€6,825 | -7.2% |
| Income taxes | 67/77 | €20,614 | €19,292 | -€1,323 | -6.4% |
| Profit (loss) for the period | 9904 | €73,848 | €68,345 | -€5,502 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €73,848 | €68,345 | -€5,502 | -7.5% |
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.