EVEN PAUZE: 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.
EVEN PAUZE
Largest movements
- Tangible fixed assets -€9,475
down €9,475 (-7.0%), from €134,694 to €125,219
of which Leasing and similar rights: -€5,330
- Cash -€8,655
down €8,655 (-65.9%), from €13,133 to €4,479
mainly Current portion of long-term debt (-€13,852) and Trade debts (-€10,772)
- Intangible fixed assets -€3,612
down €3,612 (-15.4%), from €23,514 to €19,902
- Reserves +€15,070
up €15,070 (+50.8%), from €29,686 to €44,756
- Current portion of long-term debt -€13,852
down €13,852 (-64.4%), from €21,493 to €7,641
- Trade debts -€10,772
down €10,772 (-61.5%), from €17,508 to €6,736
- Debts after one year -€7,641
down €7,641 (-46.1%), from €16,559 to €8,918
- Other debts -€6,742
down €6,742 (-11.0%), from €61,232 to €54,490
- Gross operating margin -€3,384
down €3,384 (-7.5%), from €45,041 to €41,658
- Taxes -€934
down €934 (-9.8%), from €9,485 to €8,551
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 | €175,532 | €153,048 | -€22,484 | -12.8% |
| Fixed assets | 21/28 | €158,208 | €145,121 | -€13,087 | -8.3% |
| Intangible fixed assets | 21 | €23,514 | €19,902 | -€3,612 | -15.4% |
| Tangible fixed assets | 22/27 | €134,694 | €125,219 | -€9,475 | -7.0% |
| Land and buildings | 22 | €104,669 | €101,670 | -€3,000 | -2.9% |
| Plant, machinery and equipment | 23 | €11,108 | €9,963 | -€1,145 | -10.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €18,916 | €13,587 | -€5,330 | -28.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €17,325 | €7,927 | -€9,397 | -54.2% |
| Amounts receivable within one year | 40/41 | €1,647 | €480 | -€1,167 | -70.9% |
| Trade receivables | 40 | €1,646 | €0 | -€1,646 | -100% |
| Other amounts receivable | 41 | €2 | €480 | +€478 | +26,561% |
| Cash at bank and in hand | 54/58 | €13,133 | €4,479 | -€8,655 | -65.9% |
| Deferred charges and accrued income | 490/1 | €2,544 | €2,969 | +€425 | +16.7% |
| Total equity and liabilities | 10/49 | €175,532 | €153,048 | -€22,484 | -12.8% |
| Equity | 10/15 | €53,954 | €69,024 | +€15,070 | +27.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €29,686 | €44,756 | +€15,070 | +50.8% |
| Distributable reserves | 133 | €29,686 | €44,756 | +€15,070 | +50.8% |
| Profit (loss) carried forward | 14 | €18,068 | €18,068 | = | 0.0% |
| Amounts payable | 17/49 | €121,579 | €84,024 | -€37,554 | -30.9% |
| Amounts payable after more than one year | 17 | €16,559 | €8,918 | -€7,641 | -46.1% |
| Financial debts | 170/4 | €16,559 | €8,918 | -€7,641 | -46.1% |
| Amounts payable within one year | 42/48 | €105,019 | €75,106 | -€29,913 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €21,493 | €7,641 | -€13,852 | -64.4% |
| Financial debts | 43 | €3 | €3 | = | 0.0% |
| Credit institutions | 430/8 | €3 | €3 | = | 0.0% |
| Trade debts | 44 | €17,508 | €6,736 | -€10,772 | -61.5% |
| Suppliers | 440/4 | €17,508 | €6,736 | -€10,772 | -61.5% |
| Taxes, remuneration and social security | 45 | €4,784 | €6,236 | +€1,452 | +30.4% |
| Taxes | 450/3 | €4,784 | €6,236 | +€1,452 | +30.4% |
| Other amounts payable | 47/48 | €61,232 | €54,490 | -€6,742 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,125 | €14,246 | +€121 | +0.9% |
| Other operating charges | 640/8 | €2,189 | €2,283 | +€94 | +4.3% |
| Gross operating margin | 9900 | €45,041 | €41,658 | -€3,384 | -7.5% |
| Operating profit (loss) | 9901 | €28,727 | €25,129 | -€3,599 | -12.5% |
| Financial income | 75/76B | €1 | €6 | +€5 | +378% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +378% |
| Financial charges | 65/66B | €1,539 | €1,514 | -€24 | -1.6% |
| Recurring financial charges | 65 | €1,539 | €1,514 | -€24 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €27,190 | €23,621 | -€3,569 | -13.1% |
| Income taxes | 67/77 | €9,485 | €8,551 | -€934 | -9.8% |
| Profit (loss) for the period | 9904 | €17,705 | €15,070 | -€2,635 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,705 | €15,070 | -€2,635 | -14.9% |
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 23 October 2026 via checked.be.