EVEDEC.: 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.
What changed
EVEDEC.
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €336,755+€1.3m
Equity
€10.1m
2024 · €8.6m+€1.5m
Cash
€153,117
2024 · €86,090+€67,027
Balance sheet total
€10.9m
2024 · €9.3m+€1.6m
Largest movements
Assets
- Current investments +€1.5m
up €1.5m (+89.0%), from €1.7m to €3.3m
- Tangible fixed assets +€365,895
up €365,895 (+15.3%), from €2.4m to €2.8m
of which Other tangible fixed assets: +€1.9m
- Financial fixed assets -€333,316
down €333,316 (-9.5%), from €3.5m to €3.2m
Equity and liabilities
- Reserves +€1.5m
up €1.5m (+51.8%), from €3.0m to €4.5m
of which Distributable reserves: +€1.5m
- Tax, wage and social debts +€113,909
up €113,909 (+451%), from €25,242 to €139,151
of which Taxes: +€113,909
Income statement
- Financial charges -€1.4m
down €1.4m (-26,745%), from -€5,346 to -€1.4m
- Taxes +€138,939
up €138,939 (+515%), from €27,001 to €165,940
- Other operating charges -€23,903
down €23,903 (-73.7%), from €32,416 to €8,514
- Financial income -€3,436
down €3,436 (-0.9%), from €363,452 to €360,016
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.
Result 2024
€336,755
Gross operating margin
-€192
Depreciation
-€77
Other operating charges
+€23,903
Financial income
-€3,436
Financial charges
+€1.4m
Taxes
-€138,939
Deferred taxes and other
+€9,886
Result 2025
€1.7m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.9m
Investment
-€1.6m
Financing
-€229,228
Cash 2024
€86,090
From operations (derived)
+€1.9m
Net result for the year
+€1.7m
Depreciation
+€70,633
Receivables after one year
+€31,250
Receivables within one year
-€28,618
Smaller working-capital items
+€4,301
Provisions
-€12,824
Tax, wage and social debts
+€113,909
Other debts
+€63,707
Accrued charges and deferred income
+€39,121
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€103,212
Current investments
-€1.5m
Financing
-€229,228
Debts after one year
-€76,790
Current portion of long-term debt
-€24,848
Contributions, distributions and other
-€127,590
Cash 2025
€153,117
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,313,212 | €10,948,534 | +€1.6m | +17.6% |
| Fixed assets | 21/28 | €5,891,623 | €5,924,203 | +€32,579 | +0.6% |
| Tangible fixed assets | 22/27 | €2,391,481 | €2,757,376 | +€365,895 | +15.3% |
| Land and buildings | 22 | €867,065 | €462,637 | -€404,428 | -46.6% |
| Plant, machinery and equipment | 23 | - | €349,596 | +€349,596 | |
| Furniture and vehicles | 24 | €42,466 | €77,323 | +€34,857 | +82.1% |
| Other tangible fixed assets | 26 | - | €1,867,821 | +€1.9m | |
| Assets under construction and advance payments | 27 | €1,481,950 | - | -€1.5m | |
| Financial fixed assets | 28 | €3,500,142 | €3,166,826 | -€333,316 | -9.5% |
| Current assets | 29/58 | €3,421,589 | €5,024,331 | +€1.6m | +46.8% |
| Amounts receivable after more than one year | 29 | €257,750 | €226,500 | -€31,250 | -12.1% |
| Other amounts receivable | 291 | €257,750 | €226,500 | -€31,250 | -12.1% |
| Amounts receivable within one year | 40/41 | €1,345,906 | €1,374,524 | +€28,618 | +2.1% |
| Trade receivables | 40 | €6,827 | €12,094 | +€5,267 | +77.2% |
| Other amounts receivable | 41 | €1,339,078 | €1,362,429 | +€23,351 | +1.7% |
| Current investments | 50/53 | €1,729,301 | €3,268,888 | +€1.5m | +89.0% |
| Cash at bank and in hand | 54/58 | €86,090 | €153,117 | +€67,027 | +77.9% |
| Deferred charges and accrued income | 490/1 | €2,543 | €1,302 | -€1,240 | -48.8% |
| Total equity and liabilities | 10/49 | €9,313,212 | €10,948,534 | +€1.6m | +17.6% |
| Equity | 10/15 | €8,555,322 | €10,085,307 | +€1.5m | +17.9% |
| Contributions | 10/11 | €5,600,079 | €5,600,079 | = | 0.0% |
| Reserves | 13 | €2,955,243 | €4,485,229 | +€1.5m | +51.8% |
| Tax-exempt reserves | 132 | €567 | - | -€567 | |
| Distributable reserves | 133 | €2,954,676 | €4,485,229 | +€1.5m | +51.8% |
| Provisions and deferred taxes | 16 | €12,824 | - | -€12,824 | |
| Deferred taxes | 168 | €12,824 | - | -€12,824 | |
| Amounts payable | 17/49 | €745,067 | €863,226 | +€118,159 | +15.9% |
| Amounts payable after more than one year | 17 | €76,790 | - | -€76,790 | |
| Financial debts | 170/4 | €75,697 | - | -€75,697 | |
| Other amounts payable | 178/9 | €1,093 | - | -€1,093 | |
| Amounts payable within one year | 42/48 | €666,867 | €822,695 | +€155,829 | +23.4% |
| Current portion of amounts payable after more than one year | 42 | €100,545 | €75,697 | -€24,848 | -24.7% |
| Trade debts | 44 | €944 | €4,005 | +€3,061 | +324% |
| Suppliers | 440/4 | €944 | €4,005 | +€3,061 | +324% |
| Taxes, remuneration and social security | 45 | €25,242 | €139,151 | +€113,909 | +451% |
| Taxes | 450/3 | €25,242 | €139,151 | +€113,909 | +451% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €540,135 | €603,842 | +€63,707 | +11.8% |
| Accrued charges and deferred income | 492/3 | €1,411 | €40,531 | +€39,121 | +2,773% |
| Non-recurring operating income | 76A | €1,874 | - | -€1,874 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,556 | €70,633 | +€77 | +0.1% |
| Other operating charges | 640/8 | €32,416 | €8,514 | -€23,903 | -73.7% |
| Gross operating margin | 9900 | €94,994 | €94,802 | -€192 | -0.2% |
| Operating profit (loss) | 9901 | -€7,979 | €15,655 | +€23,634 | |
| Financial income | 75/76B | €363,452 | €360,016 | -€3,436 | -0.9% |
| Recurring financial income | 75 | €363,452 | €360,016 | -€3,436 | -0.9% |
| Financial charges | 65/66B | -€5,346 | -€1,435,021 | -€1.4m | -26,745% |
| Recurring financial charges | 65 | -€5,346 | -€1,435,021 | -€1.4m | -26,745% |
| Profit (loss) for the period before taxes | 9903 | €360,819 | €1,810,692 | +€1.4m | +402% |
| Transfer from deferred taxes | 780 | €2,937 | €12,824 | +€9,886 | +337% |
| Income taxes | 67/77 | €27,001 | €165,940 | +€138,939 | +515% |
| Profit (loss) for the period | 9904 | €336,755 | €1,657,576 | +€1.3m | +392% |
| Transfer from tax-exempt reserves | 789 | €130 | €567 | +€437 | +337% |
| Profit (loss) for the period to be appropriated | 9905 | €336,885 | €1,658,143 | +€1.3m | +392% |
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 17 October 2026 via checked.be.