Eveline De Wever: what changed
Eveline De Wever
Largest movements
- Cash -€246,479
down €246,479 (-79.7%), from €309,094 to €62,615
mainly Investment in fixed assets (net) (-€280,083) and Other debts (-€104,166)
- Tangible fixed assets +€221,811
up €221,811 (+25.0%), from €888,109 to €1.1m
of which Land and buildings: +€185,337
- Other debts -€104,166
down €104,166 (-38.5%), from €270,470 to €166,304
- Profit (loss) carried forward +€47,509
up €47,509 (+20.6%), from €230,401 to €277,910
- Accrued charges and deferred income +€14,104
up €14,104, from €0 to €14,104
- Trade debts +€12,458
up €12,458 (+264%), from €4,714 to €17,172
- Depreciation +€27,970
up €27,970 (+92.3%), from €30,302 to €58,272
- Gross operating margin +€22,390
up €22,390 (+19.6%), from €114,507 to €136,897
- Financial charges +€13,212
up €13,212 (+8,314%), from €159 to €13,371
- Financial income -€4,502
down €4,502 (-84.4%), from €5,336 to €834
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,214,942 | €1,191,605 | -€23,337 | -1.9% |
| Fixed assets | 21/28 | €888,109 | €1,109,920 | +€221,811 | +25.0% |
| Tangible fixed assets | 22/27 | €888,109 | €1,109,920 | +€221,811 | +25.0% |
| Land and buildings | 22 | €874,368 | €1,059,705 | +€185,337 | +21.2% |
| Plant, machinery and equipment | 23 | €3,681 | €10,241 | +€6,560 | +178% |
| Furniture and vehicles | 24 | €10,060 | €39,975 | +€29,915 | +297% |
| Current assets | 29/58 | €326,833 | €81,685 | -€245,149 | -75.0% |
| Amounts receivable within one year | 40/41 | €15,413 | €17,938 | +€2,525 | +16.4% |
| Trade receivables | 40 | €14,634 | €16,533 | +€1,899 | +13.0% |
| Other amounts receivable | 41 | €779 | €1,405 | +€626 | +80.3% |
| Cash at bank and in hand | 54/58 | €309,094 | €62,615 | -€246,479 | -79.7% |
| Deferred charges and accrued income | 490/1 | €2,326 | €1,132 | -€1,194 | -51.3% |
| Total equity and liabilities | 10/49 | €1,214,942 | €1,191,605 | -€23,337 | -1.9% |
| Equity | 10/15 | €930,401 | €977,910 | +€47,509 | +5.1% |
| Contributions | 10/11 | €700,000 | €700,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €230,401 | €277,910 | +€47,509 | +20.6% |
| Amounts payable | 17/49 | €284,541 | €213,695 | -€70,846 | -24.9% |
| Amounts payable within one year | 42/48 | €284,541 | €199,591 | -€84,950 | -29.9% |
| Trade debts | 44 | €4,714 | €17,172 | +€12,458 | +264% |
| Suppliers | 440/4 | €4,714 | €17,172 | +€12,458 | +264% |
| Taxes, remuneration and social security | 45 | €9,357 | €16,115 | +€6,758 | +72.2% |
| Taxes | 450/3 | €9,357 | €16,115 | +€6,758 | +72.2% |
| Other amounts payable | 47/48 | €270,470 | €166,304 | -€104,166 | -38.5% |
| Accrued charges and deferred income | 492/3 | €0 | €14,104 | +€14,104 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,302 | €58,272 | +€27,970 | +92.3% |
| Other operating charges | 640/8 | €1,584 | €2,227 | +€643 | +40.6% |
| Gross operating margin | 9900 | €114,507 | €136,897 | +€22,390 | +19.6% |
| Operating profit (loss) | 9901 | €82,622 | €76,399 | -€6,223 | -7.5% |
| Financial income | 75/76B | €5,336 | €834 | -€4,502 | -84.4% |
| Recurring financial income | 75 | €5,336 | €834 | -€4,502 | -84.4% |
| Financial charges | 65/66B | €159 | €13,371 | +€13,212 | +8,314% |
| Recurring financial charges | 65 | €159 | €13,371 | +€13,212 | +8,314% |
| Profit (loss) for the period before taxes | 9903 | €87,799 | €63,862 | -€23,937 | -27.3% |
| Income taxes | 67/77 | €17,656 | €16,353 | -€1,303 | -7.4% |
| Profit (loss) for the period | 9904 | €70,143 | €47,509 | -€22,634 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,143 | €47,509 | -€22,634 | -32.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.