EVENEPOEL AN: 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.
EVENEPOEL AN
Largest movements
- Tangible fixed assets +€190,747
up €190,747 (+67.5%), from €282,652 to €473,399
of which Land and buildings: +€161,034
- Cash -€25,851
down €25,851 (-32.9%), from €78,561 to €52,710
mainly Investment in fixed assets (net) (-€234,755) and Current investments (-€18,045)
- Current investments +€18,045
up €18,045 (+4.4%), from €407,247 to €425,292
- Receivables within one year +€11,282
new in 2025: €11,282
- Debts after one year +€161,774
up €161,774 (+194%), from €83,571 to €245,346
- Current portion of long-term debt +€23,500
up €23,500 (+152%), from €15,477 to €38,977
- Reserves +€10,200
up €10,200 (+4.9%), from €207,456 to €217,656
of which Distributable reserves: +€10,200
- Depreciation +€31,824
up €31,824 (+261%), from €12,183 to €44,007
- Taxes -€9,209
down €9,209 (-54.4%), from €16,940 to €7,731
- Financial income +€7,616
up €7,616 (+132%), from €5,760 to €13,376
- Gross operating margin -€2,541
down €2,541 (-3.1%), from €80,896 to €78,354
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 | €768,866 | €963,733 | +€194,867 | +25.3% |
| Fixed assets | 21/28 | €282,652 | €473,399 | +€190,747 | +67.5% |
| Tangible fixed assets | 22/27 | €282,652 | €473,399 | +€190,747 | +67.5% |
| Land and buildings | 22 | €278,417 | €439,451 | +€161,034 | +57.8% |
| Furniture and vehicles | 24 | €1,063 | €31,488 | +€30,425 | +2,863% |
| Other tangible fixed assets | 26 | €3,172 | €2,460 | -€712 | -22.4% |
| Current assets | 29/58 | €486,214 | €490,333 | +€4,120 | +0.8% |
| Amounts receivable within one year | 40/41 | - | €11,282 | +€11,282 | |
| Other amounts receivable | 41 | - | €11,282 | +€11,282 | |
| Current investments | 50/53 | €407,247 | €425,292 | +€18,045 | +4.4% |
| Cash at bank and in hand | 54/58 | €78,561 | €52,710 | -€25,851 | -32.9% |
| Deferred charges and accrued income | 490/1 | €406 | €1,050 | +€644 | +158% |
| Total equity and liabilities | 10/49 | €768,866 | €963,733 | +€194,867 | +25.3% |
| Equity | 10/15 | €454,312 | €463,728 | +€9,416 | +2.1% |
| Contributions | 10/11 | €141,500 | €141,500 | = | 0.0% |
| Reserves | 13 | €207,456 | €217,656 | +€10,200 | +4.9% |
| Non-distributable reserves | 130/1 | €14,150 | €14,150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,150 | €14,150 | = | 0.0% |
| Distributable reserves | 133 | €193,306 | €203,506 | +€10,200 | +5.3% |
| Profit (loss) carried forward | 14 | €105,356 | €104,572 | -€784 | -0.7% |
| Amounts payable | 17/49 | €314,553 | €500,004 | +€185,451 | +59.0% |
| Amounts payable after more than one year | 17 | €83,571 | €245,346 | +€161,774 | +194% |
| Financial debts | 170/4 | €83,571 | €245,346 | +€161,774 | +194% |
| Amounts payable within one year | 42/48 | €230,182 | €254,659 | +€24,477 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €15,477 | €38,977 | +€23,500 | +152% |
| Financial debts | 43 | - | €5,059 | +€5,059 | |
| Credit institutions | 430/8 | - | €5,059 | +€5,059 | |
| Trade debts | 44 | €4,954 | €2,041 | -€2,913 | -58.8% |
| Suppliers | 440/4 | €4,954 | €2,041 | -€2,913 | -58.8% |
| Taxes, remuneration and social security | 45 | €17,450 | €11,127 | -€6,323 | -36.2% |
| Taxes | 450/3 | €17,450 | €11,127 | -€6,323 | -36.2% |
| Other amounts payable | 47/48 | €192,302 | €197,456 | +€5,154 | +2.7% |
| Accrued charges and deferred income | 492/3 | €800 | €0 | -€800 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,183 | €44,007 | +€31,824 | +261% |
| Other operating charges | 640/8 | €3,464 | €3,796 | +€332 | +9.6% |
| Gross operating margin | 9900 | €80,896 | €78,354 | -€2,541 | -3.1% |
| Operating profit (loss) | 9901 | €65,248 | €30,552 | -€34,697 | -53.2% |
| Financial income | 75/76B | €5,760 | €13,376 | +€7,616 | +132% |
| Recurring financial income | 75 | €5,760 | €13,376 | +€7,616 | +132% |
| Financial charges | 65/66B | €25,820 | €25,947 | +€127 | +0.5% |
| Recurring financial charges | 65 | €25,820 | €25,947 | +€127 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €45,188 | €17,980 | -€27,208 | -60.2% |
| Income taxes | 67/77 | €16,940 | €7,731 | -€9,209 | -54.4% |
| Profit (loss) for the period | 9904 | €28,248 | €10,249 | -€17,999 | -63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,248 | €10,249 | -€17,999 | -63.7% |
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 22 October 2026 via checked.be.