EVENEPOEL PROPERTIES: 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 PROPERTIES
Largest movements
- Cash -€13.4m
down €13.4m (-86.2%), from €15.5m to €2.1m
mainly Other debts (-€14.0m) and Contributions, distributions and other (-€2.5m)
- Receivables within one year -€3.1m
down €3.1m (-86.7%), from €3.6m to €481,808
of which Other amounts receivable: -€3.0m
- Other debts -€14.0m
no longer reported in 2025 (was €14.0m)
- Contributions -€2.5m
down €2.5m (-6.7%), from €37.6m to €35.1m
- Trade debts -€885,988
down €885,988 (-90.1%), from €982,969 to €96,982
- Turnover +€2.1m
up €2.1m (+1,213%), from €173,927 to €2.3m
- Depreciation +€865,125
up €865,125 (+202%), from €428,131 to €1.3m
- Financial charges +€636,602
up €636,602 (+1,700%), from €37,457 to €674,058
- Services and other goods +€197,028
up €197,028 (+62.1%), from €317,529 to €514,556
- Other operating charges -€99,922
down €99,922 (-79.5%), from €125,613 to €25,690
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 | €69,901,365 | €52,973,418 | -€16.9m | -24.2% |
| Formation expenses | 20 | €160,381 | €142,926 | -€17,456 | -10.9% |
| Fixed assets | 21/28 | €50,602,690 | €50,134,316 | -€468,373 | -0.9% |
| Tangible fixed assets | 22/27 | €50,602,690 | €50,134,316 | -€468,373 | -0.9% |
| Land and buildings | 22 | €50,602,690 | €50,134,316 | -€468,373 | -0.9% |
| Current assets | 29/58 | €19,138,294 | €2,696,176 | -€16.4m | -85.9% |
| Amounts receivable within one year | 40/41 | €3,618,295 | €481,808 | -€3.1m | -86.7% |
| Trade receivables | 40 | €531,691 | €382,839 | -€148,853 | -28.0% |
| Other amounts receivable | 41 | €3,086,604 | €98,969 | -€3.0m | -96.8% |
| Cash at bank and in hand | 54/58 | €15,513,744 | €2,143,651 | -€13.4m | -86.2% |
| Deferred charges and accrued income | 490/1 | €6,254 | €70,717 | +€64,462 | +1,031% |
| Total equity and liabilities | 10/49 | €69,901,365 | €52,973,418 | -€16.9m | -24.2% |
| Equity | 10/15 | €36,968,419 | €35,085,700 | -€1.9m | -5.1% |
| Contributions | 10/11 | €37,569,851 | €35,069,851 | -€2.5m | -6.7% |
| Capital | 10 | €37,569,851 | €35,069,851 | -€2.5m | -6.7% |
| Issued capital | 100 | €37,569,851 | €35,069,851 | -€2.5m | -6.7% |
| Profit (loss) carried forward | 14 | -€601,432 | €15,849 | +€617,281 | |
| Amounts payable | 17/49 | €32,932,946 | €17,887,718 | -€15.0m | -45.7% |
| Amounts payable after more than one year | 17 | €17,500,000 | €17,505,311 | +€5,311 | 0.0% |
| Financial debts | 170/4 | €17,500,000 | €17,500,000 | = | 0.0% |
| Credit institutions | 173 | €17,500,000 | €17,500,000 | = | 0.0% |
| Other amounts payable | 178/9 | - | €5,311 | +€5,311 | |
| Amounts payable within one year | 42/48 | €14,982,969 | €128,678 | -€14.9m | -99.1% |
| Trade debts | 44 | €982,969 | €96,982 | -€885,988 | -90.1% |
| Suppliers | 440/4 | €982,969 | €96,982 | -€885,988 | -90.1% |
| Taxes, remuneration and social security | 45 | - | €31,696 | +€31,696 | |
| Taxes | 450/3 | - | €31,696 | +€31,696 | |
| Other amounts payable | 47/48 | €14,000,000 | - | -€14.0m | |
| Accrued charges and deferred income | 492/3 | €449,976 | €253,729 | -€196,247 | -43.6% |
| Operating income | 70/76A | €1,027,957 | €3,133,646 | +€2.1m | +205% |
| Turnover | 70 | €173,927 | €2,282,978 | +€2.1m | +1,213% |
| Other operating income | 74 | €854,029 | €850,668 | -€3,361 | -0.4% |
| Operating charges | 60/66A | €871,273 | €1,833,503 | +€962,231 | +110% |
| Services and other goods | 61 | €317,529 | €514,556 | +€197,028 | +62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €428,131 | €1,293,256 | +€865,125 | +202% |
| Other operating charges | 640/8 | €125,613 | €25,690 | -€99,922 | -79.5% |
| Operating profit (loss) | 9901 | €156,684 | €1,300,143 | +€1.1m | +730% |
| Financial income | 75/76B | €25,516 | - | -€25,516 | |
| Recurring financial income | 75 | €25,516 | - | -€25,516 | |
| Other financial income | 752/9 | €25,516 | - | -€25,516 | |
| Financial charges | 65/66B | €37,457 | €674,058 | +€636,602 | +1,700% |
| Recurring financial charges | 65 | €37,457 | €674,058 | +€636,602 | +1,700% |
| Other financial charges | 652/9 | €37,457 | €674,058 | +€636,602 | +1,700% |
| Profit (loss) for the period before taxes | 9903 | €144,744 | €626,085 | +€481,341 | +333% |
| Income taxes | 67/77 | €7,655 | €8,804 | +€1,149 | +15.0% |
| Taxes | 670/3 | €7,655 | €18,580 | +€10,925 | +143% |
| Tax adjustments and reversals of tax provisions | 77 | - | €9,775 | +€9,775 | |
| Profit (loss) for the period | 9904 | €137,089 | €617,281 | +€480,192 | +350% |
| Profit (loss) for the period to be appropriated | 9905 | €137,089 | €617,281 | +€480,192 | +350% |
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 18 October 2026 via checked.be.