EVERGREEN: 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.
EVERGREEN
Largest movements
- Cash +€756,696
up €756,696 (+2700.8%), from €28,018 to €784,714
mainly Other debts (+€795,273) and Net result for the year (+€34,561)
- Current investments +€66,034
up €66,034 (+20.3%), from €325,000 to €391,034
- Other debts +€795,273
up €795,273 (+231.7%), from €343,274 to €1.1m
- Profit (loss) carried forward +€34,561
up €34,561 (+40.0%), from €86,462 to €121,023
- Financial charges -€73,309
down €73,309 (-97.7%), from €75,045 to €1,737
of which Non-recurring financial charges: -€73,500
- Gross operating margin -€13,609
down €13,609 (-31.6%), from €43,027 to €29,419
- Other operating charges +€3,787
new in 2025: €3,787
- Taxes -€3,597
no longer reported in 2025 (was €3,597)
- Financial income -€3,189
down €3,189 (-22.6%), from €14,082 to €10,893
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 | €447,214 | €1,266,296 | +€819,082 | +183.2% |
| Fixed assets | 21/28 | €2,203 | €476 | -€1,727 | -78.4% |
| Tangible fixed assets | 22/27 | €603 | €376 | -€227 | -37.6% |
| Furniture and vehicles | 24 | €603 | €376 | -€227 | -37.6% |
| Financial fixed assets | 28 | €1,600 | €100 | -€1,500 | -93.8% |
| Current assets | 29/58 | €445,011 | €1,265,820 | +€820,809 | +184.4% |
| Amounts receivable after more than one year | 29 | €31,563 | €29,688 | -€1,875 | -5.9% |
| Other amounts receivable | 291 | €31,563 | €29,688 | -€1,875 | -5.9% |
| Amounts receivable within one year | 40/41 | €60,431 | €59,584 | -€847 | -1.4% |
| Trade receivables | 40 | €20,109 | €19,836 | -€274 | -1.4% |
| Other amounts receivable | 41 | €40,321 | €39,748 | -€573 | -1.4% |
| Current investments | 50/53 | €325,000 | €391,034 | +€66,034 | +20.3% |
| Cash at bank and in hand | 54/58 | €28,018 | €784,714 | +€756,696 | +2700.8% |
| Deferred charges and accrued income | 490/1 | - | €801 | +€801 | |
| Total equity and liabilities | 10/49 | €447,214 | €1,266,296 | +€819,082 | +183.2% |
| Equity | 10/15 | €92,662 | €127,223 | +€34,561 | +37.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,462 | €121,023 | +€34,561 | +40.0% |
| Amounts payable | 17/49 | €354,552 | €1,139,073 | +€784,521 | +221.3% |
| Amounts payable within one year | 42/48 | €354,552 | €1,139,073 | +€784,521 | +221.3% |
| Trade debts | 44 | €10,778 | €526 | -€10,252 | -95.1% |
| Suppliers | 440/4 | €10,778 | €526 | -€10,252 | -95.1% |
| Taxes, remuneration and social security | 45 | €500 | - | -€500 | |
| Taxes | 450/3 | €500 | - | -€500 | |
| Other amounts payable | 47/48 | €343,274 | €1,138,547 | +€795,273 | +231.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €509 | €227 | -€282 | -55.4% |
| Other operating charges | 640/8 | - | €3,787 | +€3,787 | |
| Gross operating margin | 9900 | €43,027 | €29,419 | -€13,609 | -31.6% |
| Operating profit (loss) | 9901 | €42,519 | €25,405 | -€17,114 | -40.2% |
| Financial income | 75/76B | €14,082 | €10,893 | -€3,189 | -22.6% |
| Recurring financial income | 75 | €14,082 | €10,893 | -€3,189 | -22.6% |
| Financial charges | 65/66B | €75,045 | €1,737 | -€73,309 | -97.7% |
| Recurring financial charges | 65 | €45 | €237 | +€192 | +421.3% |
| Non-recurring financial charges | 66B | €75,000 | €1,500 | -€73,500 | -98.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,445 | €34,561 | +€53,006 | |
| Income taxes | 67/77 | €3,597 | - | -€3,597 | |
| Profit (loss) for the period | 9904 | -€22,042 | €34,561 | +€56,603 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,042 | €34,561 | +€56,603 |
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.