EVERCO: 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.
EVERCO
Largest movements
- Stocks and contracts +€60,141
up €60,141 (+12.7%), from €472,618 to €532,760
- Cash -€49,870
down €49,870 (-57.5%), from €86,752 to €36,882
mainly Other debts (-€240,000) and Investment in fixed assets (net) (-€74,067)
- Receivables within one year -€44,882
down €44,882 (-9.7%), from €461,136 to €416,254
of which Trade receivables: -€23,039
- Tangible fixed assets -€20,714
down €20,714 (-2.9%), from €713,646 to €692,932
of which Plant, machinery and equipment: -€31,345
- Other debts -€240,000
down €240,000 (-80.0%), from €300,000 to €60,000
- Reserves +€237,175
up €237,175 (+58.9%), from €402,908 to €640,083
of which Distributable reserves: +€237,175
- Trade debts -€61,132
down €61,132 (-7.3%), from €842,562 to €781,430
- Gross operating margin +€58,962
up €58,962 (+5.0%), from €1.2m to €1.2m
- Staff costs +€27,427
up €27,427 (+3.8%), from €716,586 to €744,014
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 | €1,735,625 | €1,680,141 | -€55,484 | -3.2% |
| Fixed assets | 21/28 | €713,708 | €692,994 | -€20,714 | -2.9% |
| Tangible fixed assets | 22/27 | €713,646 | €692,932 | -€20,714 | -2.9% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €203,386 | €172,041 | -€31,345 | -15.4% |
| Furniture and vehicles | 24 | €3,368 | €2,341 | -€1,027 | -30.5% |
| Other tangible fixed assets | 26 | €506,892 | €518,550 | +€11,658 | +2.3% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €1,021,917 | €987,147 | -€34,770 | -3.4% |
| Stocks and contracts in progress | 3 | €472,618 | €532,760 | +€60,141 | +12.7% |
| Stocks | 30/36 | €472,618 | €532,760 | +€60,141 | +12.7% |
| Amounts receivable within one year | 40/41 | €461,136 | €416,254 | -€44,882 | -9.7% |
| Trade receivables | 40 | €435,293 | €412,254 | -€23,039 | -5.3% |
| Other amounts receivable | 41 | €25,843 | €4,000 | -€21,843 | -84.5% |
| Cash at bank and in hand | 54/58 | €86,752 | €36,882 | -€49,870 | -57.5% |
| Deferred charges and accrued income | 490/1 | €1,411 | €1,251 | -€160 | -11.3% |
| Total equity and liabilities | 10/49 | €1,735,625 | €1,680,141 | -€55,484 | -3.2% |
| Equity | 10/15 | €464,908 | €702,083 | +€237,175 | +51.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €402,908 | €640,083 | +€237,175 | +58.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,890 | €12,890 | = | 0.0% |
| Distributable reserves | 133 | €383,817 | €620,992 | +€237,175 | +61.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,270,717 | €978,059 | -€292,659 | -23.0% |
| Amounts payable after more than one year | 17 | €18,000 | €12,000 | -€6,000 | -33.3% |
| Financial debts | 170/4 | €18,000 | €12,000 | -€6,000 | -33.3% |
| Amounts payable within one year | 42/48 | €1,252,717 | €966,059 | -€286,659 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €6,000 | = | 0.0% |
| Trade debts | 44 | €842,562 | €781,430 | -€61,132 | -7.3% |
| Suppliers | 440/4 | €842,562 | €781,430 | -€61,132 | -7.3% |
| Taxes, remuneration and social security | 45 | €104,155 | €118,628 | +€14,473 | +13.9% |
| Taxes | 450/3 | €19,806 | €25,808 | +€6,003 | +30.3% |
| Remuneration and social security | 454/9 | €84,350 | €92,820 | +€8,470 | +10.0% |
| Other amounts payable | 47/48 | €300,000 | €60,000 | -€240,000 | -80.0% |
| Non-recurring operating income | 76A | €109,644 | €0 | -€109,644 | -100.0% |
| Remuneration, social security and pensions | 62 | €716,586 | €744,014 | +€27,427 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,409 | €94,782 | +€11,373 | +13.6% |
| Other operating charges | 640/8 | €1,788 | €1,629 | -€159 | -8.9% |
| Gross operating margin | 9900 | €1,183,574 | €1,242,536 | +€58,962 | +5.0% |
| Operating profit (loss) | 9901 | €381,791 | €402,112 | +€20,321 | +5.3% |
| Financial income | 75/76B | €3,254 | €2,792 | -€462 | -14.2% |
| Recurring financial income | 75 | €3,254 | €2,792 | -€462 | -14.2% |
| Financial charges | 65/66B | €29,617 | €31,930 | +€2,313 | +7.8% |
| Recurring financial charges | 65 | €29,617 | €31,930 | +€2,313 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €355,429 | €372,974 | +€17,546 | +4.9% |
| Income taxes | 67/77 | €75,993 | €75,800 | -€194 | -0.3% |
| Profit (loss) for the period | 9904 | €279,435 | €297,175 | +€17,739 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €279,435 | €297,175 | +€17,739 | +6.3% |
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 7 October 2026 via checked.be.