EVER SHINE: what changed
Two fiscal 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.
EVER SHINE
Largest movements
- Current investments +€782,124
up €782,124 (+81.3%), from €962,557 to €1.7m
- Cash -€495,824
down €495,824 (-63.7%), from €778,781 to €282,957
mainly Current investments (-€782,124) and Other debts (-€141,893)
- Stocks and contracts -€421,382
down €421,382 (-27.0%), from €1.6m to €1.1m
- Receivables within one year -€46,269
down €46,269 (-76.8%), from €60,217 to €13,948
- Other debts -€141,893
down €141,893 (-19.9%), from €711,650 to €569,757
- Reserves -€55,054
down €55,054 (-2.0%), from €2.7m to €2.7m
- Gross operating margin +€305,195
up €305,195 (+85.4%), from -€357,299 to -€52,104
- Financial income +€9,499
up €9,499 (+31.3%), from €30,390 to €39,889
- Taxes +€4,418
up €4,418, from -€928 to €3,490
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.
Cash bridge derived
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 | €3,462,403 | €3,252,721 | -€209,682 | -6.1% |
| Fixed assets | 21/28 | €101,400 | €73,069 | -€28,331 | -27.9% |
| Tangible fixed assets | 22/27 | €101,070 | €72,739 | -€28,331 | -28.0% |
| Land and buildings | 22 | €28,540 | €22,922 | -€5,617 | -19.7% |
| Plant, machinery and equipment | 23 | €2,268 | €1,134 | -€1,134 | -50.0% |
| Furniture and vehicles | 24 | €70,263 | €48,683 | -€21,580 | -30.7% |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €3,361,003 | €3,179,652 | -€181,351 | -5.4% |
| Stocks and contracts in progress | 3 | €1,559,448 | €1,138,066 | -€421,382 | -27.0% |
| Stocks | 30/36 | €1,559,448 | €1,138,066 | -€421,382 | -27.0% |
| Amounts receivable within one year | 40/41 | €60,217 | €13,948 | -€46,269 | -76.8% |
| Other amounts receivable | 41 | €60,217 | €13,948 | -€46,269 | -76.8% |
| Current investments | 50/53 | €962,557 | €1,744,681 | +€782,124 | +81.3% |
| Cash at bank and in hand | 54/58 | €778,781 | €282,957 | -€495,824 | -63.7% |
| Total equity and liabilities | 10/49 | €3,462,403 | €3,252,721 | -€209,682 | -6.1% |
| Equity | 10/15 | €2,733,525 | €2,678,471 | -€55,054 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,714,925 | €2,659,871 | -€55,054 | -2.0% |
| Distributable reserves | 133 | €2,714,925 | €2,659,871 | -€55,054 | -2.0% |
| Amounts payable | 17/49 | €728,878 | €574,250 | -€154,628 | -21.2% |
| Amounts payable within one year | 42/48 | €728,878 | €574,250 | -€154,628 | -21.2% |
| Trade debts | 44 | €14,951 | €1,933 | -€13,018 | -87.1% |
| Suppliers | 440/4 | €14,951 | €1,933 | -€13,018 | -87.1% |
| Taxes, remuneration and social security | 45 | €2,277 | €2,560 | +€283 | +12.4% |
| Taxes | 450/3 | €2,277 | €2,560 | +€283 | +12.4% |
| Other amounts payable | 47/48 | €711,650 | €569,757 | -€141,893 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,716 | €29,618 | -€98 | -0.3% |
| Other operating charges | 640/8 | €7,833 | €5,188 | -€2,645 | -33.8% |
| Gross operating margin | 9900 | -€357,299 | -€52,104 | +€305,195 | +85.4% |
| Operating profit (loss) | 9901 | -€394,848 | -€86,910 | +€307,938 | +78.0% |
| Financial income | 75/76B | €30,390 | €39,889 | +€9,499 | +31.3% |
| Recurring financial income | 75 | €30,390 | €39,889 | +€9,499 | +31.3% |
| Financial charges | 65/66B | €3,951 | €4,543 | +€592 | +15.0% |
| Recurring financial charges | 65 | €3,951 | €4,543 | +€592 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | -€368,409 | -€51,564 | +€316,845 | +86.0% |
| Income taxes | 67/77 | -€928 | €3,490 | +€4,418 | |
| Profit (loss) for the period | 9904 | -€367,481 | -€55,054 | +€312,427 | +85.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€367,481 | -€55,054 | +€312,427 | +85.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.