EVEC: 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.
EVEC
Largest movements
- Tangible fixed assets -€7,169
down €7,169 (-6.7%), from €107,012 to €99,843
- Cash +€2,022
up €2,022 (+324.4%), from €623 to €2,645
mainly Short-term financial debts (+€38,000) and Depreciation (+€7,169)
- Short-term financial debts +€38,000
up €38,000 (+19.1%), from €198,500 to €236,500
- Profit (loss) carried forward -€22,367
down €22,367 (-25.2%), from -€88,672 to -€111,039
- Debts after one year -€20,344
down €20,344 (-46.0%), from €44,252 to €23,907
- Gross operating margin -€8,386
down €8,386 (-75.7%), from €11,079 to €2,693
- Financial income -€2,138
no longer reported in 2025 (was €2,138)
- Financial charges -€146
down €146 (-2.2%), from €6,723 to €6,577
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 | €199,408 | €195,613 | -€3,795 | -1.9% |
| Fixed assets | 21/28 | €107,012 | €99,843 | -€7,169 | -6.7% |
| Tangible fixed assets | 22/27 | €107,012 | €99,843 | -€7,169 | -6.7% |
| Land and buildings | 22 | €107,012 | €99,843 | -€7,169 | -6.7% |
| Current assets | 29/58 | €92,396 | €95,770 | +€3,374 | +3.7% |
| Amounts receivable within one year | 40/41 | €91,773 | €93,125 | +€1,352 | +1.5% |
| Trade receivables | 40 | €59,096 | €60,025 | +€929 | +1.6% |
| Other amounts receivable | 41 | €32,676 | €33,100 | +€424 | +1.3% |
| Cash at bank and in hand | 54/58 | €623 | €2,645 | +€2,022 | +324.4% |
| Total equity and liabilities | 10/49 | €199,408 | €195,613 | -€3,795 | -1.9% |
| Equity | 10/15 | -€68,212 | -€90,579 | -€22,367 | -32.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,672 | -€111,039 | -€22,367 | -25.2% |
| Amounts payable | 17/49 | €267,620 | €286,192 | +€18,572 | +6.9% |
| Amounts payable after more than one year | 17 | €44,252 | €23,907 | -€20,344 | -46.0% |
| Financial debts | 170/4 | €44,252 | €23,907 | -€20,344 | -46.0% |
| Amounts payable within one year | 42/48 | €219,578 | €257,926 | +€38,348 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €19,624 | €20,344 | +€721 | +3.7% |
| Financial debts | 43 | €198,500 | €236,500 | +€38,000 | +19.1% |
| Credit institutions | 430/8 | €198,500 | €236,500 | +€38,000 | +19.1% |
| Trade debts | 44 | €844 | €1,081 | +€237 | +28.1% |
| Suppliers | 440/4 | €844 | €1,081 | +€237 | +28.1% |
| Taxes, remuneration and social security | 45 | €610 | - | -€610 | |
| Taxes | 450/3 | €610 | - | -€610 | |
| Accrued charges and deferred income | 492/3 | €3,791 | €4,359 | +€568 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,169 | €7,169 | = | 0.0% |
| Other operating charges | 640/8 | €1,275 | €1,313 | +€39 | +3.0% |
| Non-recurring operating charges | 66A | - | €10,000 | +€10,000 | |
| Gross operating margin | 9900 | €11,079 | €2,693 | -€8,386 | -75.7% |
| Operating profit (loss) | 9901 | €2,635 | -€15,789 | -€18,424 | |
| Financial income | 75/76B | €2,138 | - | -€2,138 | |
| Recurring financial income | 75 | €2,138 | - | -€2,138 | |
| Financial charges | 65/66B | €6,723 | €6,577 | -€146 | -2.2% |
| Recurring financial charges | 65 | €6,723 | €6,577 | -€146 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,950 | -€22,367 | -€20,417 | -1047.0% |
| Profit (loss) for the period | 9904 | -€1,950 | -€22,367 | -€20,417 | -1047.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,950 | -€22,367 | -€20,417 | -1047.0% |
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 6 October 2026 via checked.be.