EVERGLADES: 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.
EVERGLADES
Largest movements
- Receivables within one year +€18,618
up €18,618 (+639%), from €2,912 to €21,530
of which Trade receivables: +€19,542
- Receivables after one year +€15,000
up €15,000 (+50.0%), from €30,000 to €45,000
- Cash -€6,452
down €6,452 (-7.6%), from €85,125 to €78,674
mainly Receivables within one year (-€18,618) and Receivables after one year (-€15,000)
- Tangible fixed assets +€3,446
up €3,446 (+61.4%), from €5,616 to €9,062
of which Other tangible fixed assets: +€3,201
- Reserves +€30,627
up €30,627 (+32.9%), from €92,990 to €123,616
of which Distributable reserves: +€30,627
- Trade debts -€2,463
down €2,463 (-84.2%), from €2,926 to €463
- Tax, wage and social debts +€2,354
up €2,354 (+26.5%), from €8,896 to €11,250
- Gross operating margin +€22,377
up €22,377 (+104%), from €21,498 to €43,875
- Taxes +€6,486
up €6,486 (+119%), from €5,465 to €11,951
- Depreciation -€654
down €654 (-30.6%), from €2,141 to €1,487
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,527 | €155,215 | +€30,688 | +24.6% |
| Fixed assets | 21/28 | €5,616 | €9,062 | +€3,446 | +61.4% |
| Tangible fixed assets | 22/27 | €5,616 | €9,062 | +€3,446 | +61.4% |
| Furniture and vehicles | 24 | €1,586 | €1,831 | +€245 | +15.4% |
| Other tangible fixed assets | 26 | €4,030 | €7,232 | +€3,201 | +79.4% |
| Current assets | 29/58 | €118,910 | €146,152 | +€27,242 | +22.9% |
| Amounts receivable after more than one year | 29 | €30,000 | €45,000 | +€15,000 | +50.0% |
| Other amounts receivable | 291 | €30,000 | €45,000 | +€15,000 | +50.0% |
| Amounts receivable within one year | 40/41 | €2,912 | €21,530 | +€18,618 | +639% |
| Trade receivables | 40 | €0 | €19,542 | +€19,542 | |
| Other amounts receivable | 41 | €2,912 | €1,988 | -€923 | -31.7% |
| Cash at bank and in hand | 54/58 | €85,125 | €78,674 | -€6,452 | -7.6% |
| Deferred charges and accrued income | 490/1 | €873 | €949 | +€75 | +8.6% |
| Total equity and liabilities | 10/49 | €124,527 | €155,215 | +€30,688 | +24.6% |
| Equity | 10/15 | €111,590 | €142,216 | +€30,627 | +27.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €92,990 | €123,616 | +€30,627 | +32.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €91,130 | €121,756 | +€30,627 | +33.6% |
| Amounts payable | 17/49 | €12,937 | €12,998 | +€61 | +0.5% |
| Amounts payable within one year | 42/48 | €11,867 | €11,928 | +€61 | +0.5% |
| Trade debts | 44 | €2,926 | €463 | -€2,463 | -84.2% |
| Suppliers | 440/4 | €2,926 | €463 | -€2,463 | -84.2% |
| Taxes, remuneration and social security | 45 | €8,896 | €11,250 | +€2,354 | +26.5% |
| Taxes | 450/3 | €8,896 | €11,250 | +€2,354 | +26.5% |
| Other amounts payable | 47/48 | €46 | €216 | +€170 | +373% |
| Accrued charges and deferred income | 492/3 | €1,070 | €1,070 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,141 | €1,487 | -€654 | -30.6% |
| Other operating charges | 640/8 | €1,028 | €1,035 | +€8 | +0.7% |
| Gross operating margin | 9900 | €21,498 | €43,875 | +€22,377 | +104% |
| Operating profit (loss) | 9901 | €18,329 | €41,353 | +€23,024 | +126% |
| Financial income | 75/76B | €1,200 | €1,225 | +€25 | +2.1% |
| Recurring financial income | 75 | €1,200 | €1,225 | +€25 | +2.1% |
| Financial charges | 65/66B | €345 | €0 | -€345 | -100% |
| Recurring financial charges | 65 | €345 | €0 | -€345 | -100% |
| Profit (loss) for the period before taxes | 9903 | €19,184 | €42,578 | +€23,394 | +122% |
| Income taxes | 67/77 | €5,465 | €11,951 | +€6,486 | +119% |
| Profit (loss) for the period | 9904 | €13,720 | €30,627 | +€16,907 | +123% |
| Profit (loss) for the period to be appropriated | 9905 | €13,720 | €30,627 | +€16,907 | +123% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.