EVERAERT TONY: 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.
EVERAERT TONY
Largest movements
- Cash -€142,435
down €142,435 (-59.6%), from €238,975 to €96,540
mainly Current investments (-€140,000) and Trade debts (-€18,306)
- Current investments +€140,000
new in 2025: €140,000
- Receivables within one year +€17,168
up €17,168 (+235%), from €7,311 to €24,479
of which Trade receivables: +€14,205
- Tangible fixed assets +€4,059
up €4,059 (+31.8%), from €12,750 to €16,809
of which Plant, machinery and equipment: +€4,743
- Reserves +€23,334
up €23,334 (+15.3%), from €152,563 to €175,897
of which Distributable reserves: +€23,334
- Trade debts -€18,306
down €18,306 (-32.5%), from €56,310 to €38,004
- Other debts +€11,263
up €11,263 (+34.9%), from €32,278 to €43,541
- Staff costs +€19,493
up €19,493 (+27.3%), from €71,422 to €90,914
- Gross operating margin +€15,987
up €15,987 (+13.5%), from €118,344 to €134,331
- Depreciation +€1,591
up €1,591 (+45.9%), from €3,465 to €5,056
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 | €268,309 | €285,663 | +€17,354 | +6.5% |
| Fixed assets | 21/28 | €14,445 | €18,366 | +€3,921 | +27.1% |
| Intangible fixed assets | 21 | €1,376 | €1,238 | -€138 | -10.1% |
| Tangible fixed assets | 22/27 | €12,750 | €16,809 | +€4,059 | +31.8% |
| Plant, machinery and equipment | 23 | €9,002 | €13,745 | +€4,743 | +52.7% |
| Other tangible fixed assets | 26 | €3,748 | €3,065 | -€684 | -18.2% |
| Financial fixed assets | 28 | €318 | €318 | = | 0.0% |
| Current assets | 29/58 | €253,865 | €267,298 | +€13,433 | +5.3% |
| Stocks and contracts in progress | 3 | €5,959 | €5,372 | -€587 | -9.9% |
| Stocks | 30/36 | €5,959 | €5,372 | -€587 | -9.9% |
| Amounts receivable within one year | 40/41 | €7,311 | €24,479 | +€17,168 | +235% |
| Trade receivables | 40 | €1,169 | €15,374 | +€14,205 | +1,215% |
| Other amounts receivable | 41 | €6,142 | €9,105 | +€2,962 | +48.2% |
| Current investments | 50/53 | - | €140,000 | +€140,000 | |
| Cash at bank and in hand | 54/58 | €238,975 | €96,540 | -€142,435 | -59.6% |
| Deferred charges and accrued income | 490/1 | €1,619 | €907 | -€713 | -44.0% |
| Total equity and liabilities | 10/49 | €268,309 | €285,663 | +€17,354 | +6.5% |
| Equity | 10/15 | €158,763 | €182,097 | +€23,334 | +14.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €152,563 | €175,897 | +€23,334 | +15.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €152,563 | €175,897 | +€23,334 | +15.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €109,546 | €103,566 | -€5,980 | -5.5% |
| Amounts payable within one year | 42/48 | €109,335 | €103,421 | -€5,914 | -5.4% |
| Trade debts | 44 | €56,310 | €38,004 | -€18,306 | -32.5% |
| Suppliers | 440/4 | €56,310 | €38,004 | -€18,306 | -32.5% |
| Taxes, remuneration and social security | 45 | €20,747 | €21,875 | +€1,129 | +5.4% |
| Taxes | 450/3 | €5,153 | €3,503 | -€1,650 | -32.0% |
| Remuneration and social security | 454/9 | €15,594 | €18,372 | +€2,779 | +17.8% |
| Other amounts payable | 47/48 | €32,278 | €43,541 | +€11,263 | +34.9% |
| Accrued charges and deferred income | 492/3 | €212 | €146 | -€66 | -31.2% |
| Remuneration, social security and pensions | 62 | €71,422 | €90,914 | +€19,493 | +27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,465 | €5,056 | +€1,591 | +45.9% |
| Other operating charges | 640/8 | €4,286 | €3,871 | -€416 | -9.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €118,344 | €134,331 | +€15,987 | +13.5% |
| Operating profit (loss) | 9901 | €39,170 | €34,490 | -€4,680 | -11.9% |
| Financial income | 75/76B | €1,221 | €1,504 | +€283 | +23.2% |
| Recurring financial income | 75 | €1,221 | €1,504 | +€283 | +23.2% |
| Financial charges | 65/66B | €1,187 | €1,160 | -€27 | -2.3% |
| Recurring financial charges | 65 | €1,187 | €1,160 | -€27 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €39,204 | €34,833 | -€4,371 | -11.1% |
| Income taxes | 67/77 | €11,160 | €9,834 | -€1,327 | -11.9% |
| Profit (loss) for the period | 9904 | €28,044 | €25,000 | -€3,044 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,044 | €25,000 | -€3,044 | -10.9% |
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 26 October 2026 via checked.be.