EVERLAU: 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.
EVERLAU
Largest movements
- Stocks and contracts +€337,420
up €337,420 (+147%), from €230,234 to €567,654
- Tangible fixed assets -€19,678
down €19,678 (-3.6%), from €541,160 to €521,482
of which Land and buildings: -€19,457
- Other debts +€447,365
up €447,365 (+95.2%), from €470,070 to €917,435
- Profit (loss) carried forward -€113,317
down €113,317, from €43 to -€113,274
- Debts after one year -€21,796
down €21,796 (-7.9%), from €277,279 to €255,483
- Gross operating margin -€129,111
down €129,111, from €43,889 to -€85,222
- Other operating charges -€1,212
down €1,212 (-23.7%), from €5,119 to €3,908
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 | €817,070 | €1,131,787 | +€314,718 | +38.5% |
| Fixed assets | 21/28 | €541,160 | €521,482 | -€19,678 | -3.6% |
| Tangible fixed assets | 22/27 | €541,160 | €521,482 | -€19,678 | -3.6% |
| Land and buildings | 22 | €539,863 | €520,406 | -€19,457 | -3.6% |
| Plant, machinery and equipment | 23 | €1,298 | €1,076 | -€221 | -17.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Current assets | 29/58 | €275,909 | €610,305 | +€334,396 | +121% |
| Stocks and contracts in progress | 3 | €230,234 | €567,654 | +€337,420 | +147% |
| Stocks | 30/36 | €230,234 | €567,654 | +€337,420 | +147% |
| Amounts receivable within one year | 40/41 | - | €991 | +€991 | |
| Trade receivables | 40 | - | €991 | +€991 | |
| Cash at bank and in hand | 54/58 | €1,004 | €2,968 | +€1,965 | +196% |
| Deferred charges and accrued income | 490/1 | €44,672 | €38,691 | -€5,980 | -13.4% |
| Total equity and liabilities | 10/49 | €817,070 | €1,131,787 | +€314,718 | +38.5% |
| Equity | 10/15 | €41,643 | -€74,674 | -€116,317 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,000 | €20,000 | -€3,000 | -13.0% |
| Distributable reserves | 133 | €23,000 | €20,000 | -€3,000 | -13.0% |
| Profit (loss) carried forward | 14 | €43 | -€113,274 | -€113,317 | |
| Amounts payable | 17/49 | €775,427 | €1,206,462 | +€431,035 | +55.6% |
| Amounts payable after more than one year | 17 | €277,279 | €255,483 | -€21,796 | -7.9% |
| Financial debts | 170/4 | €277,279 | €255,483 | -€21,796 | -7.9% |
| Amounts payable within one year | 42/48 | €498,148 | €950,979 | +€452,831 | +90.9% |
| Current portion of amounts payable after more than one year | 42 | €21,796 | €21,796 | = | 0.0% |
| Financial debts | 43 | €3,000 | €11,500 | +€8,500 | +283% |
| Credit institutions | 430/8 | €3,000 | €11,500 | +€8,500 | +283% |
| Trade debts | 44 | €539 | - | -€539 | |
| Suppliers | 440/4 | €539 | - | -€539 | |
| Taxes, remuneration and social security | 45 | €2,743 | €247 | -€2,496 | -91.0% |
| Taxes | 450/3 | €2,743 | €247 | -€2,496 | -91.0% |
| Other amounts payable | 47/48 | €470,070 | €917,435 | +€447,365 | +95.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,046 | €19,678 | +€632 | +3.3% |
| Other operating charges | 640/8 | €5,119 | €3,908 | -€1,212 | -23.7% |
| Non-recurring operating charges | 66A | €14,987 | - | -€14,987 | |
| Gross operating margin | 9900 | €43,889 | -€85,222 | -€129,111 | |
| Operating profit (loss) | 9901 | €4,736 | -€108,807 | -€113,543 | |
| Financial charges | 65/66B | €7,788 | €7,390 | -€398 | -5.1% |
| Recurring financial charges | 65 | €7,788 | €7,390 | -€398 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,052 | -€116,197 | -€113,145 | -3,707% |
| Income taxes | 67/77 | €116 | €120 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€3,168 | -€116,317 | -€113,149 | -3,572% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,168 | -€116,317 | -€113,149 | -3,572% |
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 23 October 2026 via checked.be.