EVECOS: 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.
EVECOS
Largest movements
- Cash -€33,147
down €33,147 (-21.3%), from €155,318 to €122,171
mainly Contributions, distributions and other (-€150,000) and Investment in fixed assets (net) (-€20,550)
- Tangible fixed assets +€19,998
new in 2025: €19,998
- Current investments +€14,233
up €14,233 (+4.1%), from €350,000 to €364,233
- Other debts +€30,342
up €30,342 (+1141.3%), from €2,659 to €33,000
- Tax, wage and social debts -€19,673
down €19,673 (-19.8%), from €99,114 to €79,441
- Contributions -€9,435
down €9,435 (-50.7%), from €18,600 to €9,165
- Financial income +€91,517
up €91,517 (+12016.9%), from €762 to €92,279
- Financial charges +€67,094
up €67,094 (+5919.4%), from €1,133 to €68,228
- Gross operating margin -€14,824
down €14,824 (-7.5%), from €198,309 to €183,485
- Taxes +€10,241
up €10,241 (+20.3%), from €50,551 to €60,792
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 | €575,083 | €580,972 | +€5,890 | +1.0% |
| Fixed assets | 21/28 | - | €19,998 | +€19,998 | |
| Tangible fixed assets | 22/27 | - | €19,998 | +€19,998 | |
| Furniture and vehicles | 24 | - | €19,998 | +€19,998 | |
| Current assets | 29/58 | €575,083 | €560,974 | -€14,108 | -2.5% |
| Amounts receivable within one year | 40/41 | €68,646 | €74,200 | +€5,554 | +8.1% |
| Other amounts receivable | 41 | €68,646 | €74,200 | +€5,554 | +8.1% |
| Current investments | 50/53 | €350,000 | €364,233 | +€14,233 | +4.1% |
| Cash at bank and in hand | 54/58 | €155,318 | €122,171 | -€33,147 | -21.3% |
| Deferred charges and accrued income | 490/1 | €1,118 | €370 | -€748 | -66.9% |
| Total equity and liabilities | 10/49 | €575,083 | €580,972 | +€5,890 | +1.0% |
| Equity | 10/15 | €472,173 | €467,622 | -€4,551 | -1.0% |
| Contributions | 10/11 | €18,600 | €9,165 | -€9,435 | -50.7% |
| Reserves | 13 | €453,573 | €458,457 | +€4,884 | +1.1% |
| Distributable reserves | 133 | €453,573 | €458,457 | +€4,884 | +1.1% |
| Amounts payable | 17/49 | €102,910 | €113,351 | +€10,441 | +10.1% |
| Amounts payable within one year | 42/48 | €102,910 | €112,939 | +€10,029 | +9.7% |
| Trade debts | 44 | €1,137 | €497 | -€640 | -56.3% |
| Suppliers | 440/4 | €1,137 | €497 | -€640 | -56.3% |
| Taxes, remuneration and social security | 45 | €99,114 | €79,441 | -€19,673 | -19.8% |
| Taxes | 450/3 | €99,114 | €79,441 | -€19,673 | -19.8% |
| Other amounts payable | 47/48 | €2,659 | €33,000 | +€30,342 | +1141.3% |
| Accrued charges and deferred income | 492/3 | - | €412 | +€412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €552 | +€552 | |
| Other operating charges | 640/8 | €553 | €743 | +€189 | +34.2% |
| Gross operating margin | 9900 | €198,309 | €183,485 | -€14,824 | -7.5% |
| Operating profit (loss) | 9901 | €197,755 | €182,190 | -€15,565 | -7.9% |
| Financial income | 75/76B | €762 | €92,279 | +€91,517 | +12016.9% |
| Recurring financial income | 75 | €762 | €92,279 | +€91,517 | +12016.9% |
| Financial charges | 65/66B | €1,133 | €68,228 | +€67,094 | +5919.4% |
| Recurring financial charges | 65 | €1,133 | €68,228 | +€67,094 | +5919.4% |
| Profit (loss) for the period before taxes | 9903 | €197,384 | €206,241 | +€8,857 | +4.5% |
| Income taxes | 67/77 | €50,551 | €60,792 | +€10,241 | +20.3% |
| Profit (loss) for the period | 9904 | €146,832 | €145,449 | -€1,384 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €146,832 | €145,449 | -€1,384 | -0.9% |
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 11 October 2026 via checked.be.