EVED: 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.
EVED
Largest movements
- Cash +€35,783
up €35,783 (+38.5%), from €92,861 to €128,644
mainly Net result for the year (+€22,291) and Accrued charges and deferred income (+€8,466)
- Receivables within one year -€7,112
down €7,112 (-36.3%), from €19,607 to €12,495
of which Other amounts receivable: -€4,469
- Tangible fixed assets -€2,130
down €2,130 (-20.4%), from €10,458 to €8,328
of which Other tangible fixed assets: -€1,691
- Profit (loss) carried forward +€22,291
up €22,291 (+22.8%), from €97,956 to €120,247
- Accrued charges and deferred income +€8,466
up €8,466 (+2,532%), from €334 to €8,800
- Trade debts -€5,911
down €5,911 (-47.6%), from €12,416 to €6,505
- Tax, wage and social debts +€1,830
up €1,830 (+12.5%), from €14,595 to €16,425
of which Taxes: +€2,395
- Depreciation -€6,430
down €6,430 (-50.7%), from €12,671 to €6,242
- Financial charges +€2,445
up €2,445 (+70.6%), from €3,465 to €5,910
of which Non-recurring financial charges: +€2,360
- Gross operating margin +€1,823
up €1,823 (+1.7%), from €107,340 to €109,163
- Taxes +€1,634
up €1,634 (+20.8%), from €7,855 to €9,490
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 | €131,502 | €158,177 | +€26,676 | +20.3% |
| Fixed assets | 21/28 | €14,258 | €12,129 | -€2,130 | -14.9% |
| Tangible fixed assets | 22/27 | €10,458 | €8,328 | -€2,130 | -20.4% |
| Plant, machinery and equipment | 23 | €7,706 | €7,432 | -€273 | -3.5% |
| Furniture and vehicles | 24 | €579 | €413 | -€166 | -28.6% |
| Other tangible fixed assets | 26 | €2,174 | €483 | -€1,691 | -77.8% |
| Financial fixed assets | 28 | €3,800 | €3,800 | = | 0.0% |
| Current assets | 29/58 | €117,243 | €146,048 | +€28,805 | +24.6% |
| Stocks and contracts in progress | 3 | €4,775 | €4,909 | +€134 | +2.8% |
| Stocks | 30/36 | €4,775 | €4,909 | +€134 | +2.8% |
| Amounts receivable within one year | 40/41 | €19,607 | €12,495 | -€7,112 | -36.3% |
| Trade receivables | 40 | €9,181 | €6,538 | -€2,642 | -28.8% |
| Other amounts receivable | 41 | €10,427 | €5,957 | -€4,469 | -42.9% |
| Cash at bank and in hand | 54/58 | €92,861 | €128,644 | +€35,783 | +38.5% |
| Total equity and liabilities | 10/49 | €131,502 | €158,177 | +€26,676 | +20.3% |
| Equity | 10/15 | €104,156 | €126,447 | +€22,291 | +21.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,956 | €120,247 | +€22,291 | +22.8% |
| Amounts payable | 17/49 | €27,345 | €31,730 | +€4,385 | +16.0% |
| Amounts payable within one year | 42/48 | €27,011 | €22,930 | -€4,081 | -15.1% |
| Trade debts | 44 | €12,416 | €6,505 | -€5,911 | -47.6% |
| Suppliers | 440/4 | €12,416 | €6,505 | -€5,911 | -47.6% |
| Taxes, remuneration and social security | 45 | €14,595 | €16,425 | +€1,830 | +12.5% |
| Taxes | 450/3 | €10,797 | €13,192 | +€2,395 | +22.2% |
| Remuneration and social security | 454/9 | €3,798 | €3,233 | -€565 | -14.9% |
| Accrued charges and deferred income | 492/3 | €334 | €8,800 | +€8,466 | +2,532% |
| Remuneration, social security and pensions | 62 | €64,223 | €63,882 | -€341 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,671 | €6,242 | -€6,430 | -50.7% |
| Other operating charges | 640/8 | €1,360 | €1,357 | -€3 | -0.2% |
| Gross operating margin | 9900 | €107,340 | €109,163 | +€1,823 | +1.7% |
| Operating profit (loss) | 9901 | €29,085 | €37,682 | +€8,597 | +29.6% |
| Financial income | 75/76B | €3 | €9 | +€6 | +214% |
| Recurring financial income | 75 | €3 | €9 | +€6 | +214% |
| Non-recurring financial income | 76B | - | €9 | +€9 | |
| Financial charges | 65/66B | €3,465 | €5,910 | +€2,445 | +70.6% |
| Recurring financial charges | 65 | €3,465 | €3,551 | +€86 | +2.5% |
| Non-recurring financial charges | 66B | - | €2,360 | +€2,360 | |
| Profit (loss) for the period before taxes | 9903 | €25,623 | €31,781 | +€6,158 | +24.0% |
| Income taxes | 67/77 | €7,855 | €9,490 | +€1,634 | +20.8% |
| Profit (loss) for the period | 9904 | €17,767 | €22,291 | +€4,524 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €17,767 | €22,291 | +€4,524 | +25.5% |
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 16 October 2026 via checked.be.