Evergrow: 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.
Evergrow
Largest movements
- Financial fixed assets +€216,676
up €216,676 (+209.9%), from €103,206 to €319,881
- Receivables within one year +€40,370
up €40,370 (+278.0%), from €14,520 to €54,890
of which Trade receivables: +€32,186
- Cash -€5,274
down €5,274 (-51.8%), from €10,176 to €4,902
mainly Investment in fixed assets (net) (-€216,676) and Receivables within one year (-€40,370)
- Debts after one year +€184,499
up €184,499 (+428.6%), from €43,042 to €227,542
- Current portion of long-term debt +€47,120
up €47,120 (+676.6%), from €6,964 to €54,084
- Reserves +€28,657
up €28,657 (+70.2%), from €40,818 to €69,475
- Tax, wage and social debts -€9,613
down €9,613 (-40.1%), from €23,946 to €14,333
of which Taxes: -€7,613
- Trade debts +€4,172
up €4,172 (+90.1%), from €4,632 to €8,804
- Gross operating margin -€12,810
down €12,810 (-20.9%), from €61,196 to €48,386
- Financial charges +€7,921
up €7,921 (+122.3%), from €6,476 to €14,397
- Taxes -€3,388
down €3,388 (-30.3%), from €11,176 to €7,787
- Financial income +€2,722
new in 2025: €2,722
- Other operating charges -€2,460
down €2,460 (-90.2%), from €2,726 to €266
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 | €127,901 | €379,673 | +€251,772 | +196.8% |
| Fixed assets | 21/28 | €103,206 | €319,881 | +€216,676 | +209.9% |
| Financial fixed assets | 28 | €103,206 | €319,881 | +€216,676 | +209.9% |
| Current assets | 29/58 | €24,696 | €59,792 | +€35,096 | +142.1% |
| Amounts receivable within one year | 40/41 | €14,520 | €54,890 | +€40,370 | +278.0% |
| Trade receivables | 40 | €14,520 | €46,706 | +€32,186 | +221.7% |
| Other amounts receivable | 41 | - | €8,184 | +€8,184 | |
| Cash at bank and in hand | 54/58 | €10,176 | €4,902 | -€5,274 | -51.8% |
| Total equity and liabilities | 10/49 | €127,901 | €379,673 | +€251,772 | +196.8% |
| Equity | 10/15 | €45,818 | €74,475 | +€28,657 | +62.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €40,818 | €69,475 | +€28,657 | +70.2% |
| Distributable reserves | 133 | €40,818 | €69,475 | +€28,657 | +70.2% |
| Amounts payable | 17/49 | €82,083 | €305,198 | +€223,115 | +271.8% |
| Amounts payable after more than one year | 17 | €43,042 | €227,542 | +€184,499 | +428.6% |
| Financial debts | 170/4 | €43,042 | €227,542 | +€184,499 | +428.6% |
| Amounts payable within one year | 42/48 | €38,606 | €77,221 | +€38,616 | +100.0% |
| Current portion of amounts payable after more than one year | 42 | €6,964 | €54,084 | +€47,120 | +676.6% |
| Trade debts | 44 | €4,632 | €8,804 | +€4,172 | +90.1% |
| Suppliers | 440/4 | €4,632 | €8,804 | +€4,172 | +90.1% |
| Taxes, remuneration and social security | 45 | €23,946 | €14,333 | -€9,613 | -40.1% |
| Taxes | 450/3 | €21,946 | €14,333 | -€7,613 | -34.7% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100.0% |
| Other amounts payable | 47/48 | €3,064 | €0 | -€3,064 | -100.0% |
| Accrued charges and deferred income | 492/3 | €435 | €435 | = | 0.0% |
| Other operating charges | 640/8 | €2,726 | €266 | -€2,460 | -90.2% |
| Gross operating margin | 9900 | €61,196 | €48,386 | -€12,810 | -20.9% |
| Operating profit (loss) | 9901 | €58,470 | €48,120 | -€10,350 | -17.7% |
| Financial income | 75/76B | - | €2,722 | +€2,722 | |
| Recurring financial income | 75 | - | €2,722 | +€2,722 | |
| Financial charges | 65/66B | €6,476 | €14,397 | +€7,921 | +122.3% |
| Recurring financial charges | 65 | €6,476 | €14,397 | +€7,921 | +122.3% |
| Profit (loss) for the period before taxes | 9903 | €51,994 | €36,444 | -€15,550 | -29.9% |
| Income taxes | 67/77 | €11,176 | €7,787 | -€3,388 | -30.3% |
| Profit (loss) for the period | 9904 | €40,818 | €28,657 | -€12,161 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,818 | €28,657 | -€12,161 | -29.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.