EVERTS: 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.
EVERTS
Largest movements
- Cash +€352,122
up €352,122 (+76.8%), from €458,434 to €810,556
mainly Net result for the year (+€466,833) and Debts after one year (+€201,559)
- Tangible fixed assets +€336,489
up €336,489 (+51.1%), from €658,402 to €994,891
of which Leasing and similar rights: +€313,971
- Stocks and contracts -€155,867
down €155,867 (-43.7%), from €356,535 to €200,667
of which Contracts in progress: -€156,329
- Deferred charges and accrued income +€92,295
up €92,295 (+320.7%), from €28,777 to €121,072
- Receivables within one year -€91,969
down €91,969 (-25.7%), from €357,588 to €265,619
of which Trade receivables: -€93,573
- Debts after one year +€201,559
up €201,559 (+58.8%), from €342,967 to €544,525
- Reserves +€166,833
up €166,833 (+17.9%), from €931,951 to €1.1m
- Other debts +€150,337
up €150,337 (+94.1%), from €159,698 to €310,036
- Trade debts -€115,001
down €115,001 (-45.1%), from €255,090 to €140,090
- Current portion of long-term debt +€62,738
up €62,738 (+50.1%), from €125,201 to €187,939
- Gross operating margin +€690,307
up €690,307 (+47.0%), from €1.5m to €2.2m
- Staff costs +€264,029
up €264,029 (+24.5%), from €1.1m to €1.3m
- Taxes +€96,084
up €96,084 (+216.5%), from €44,378 to €140,462
- Depreciation +€29,679
up €29,679 (+19.4%), from €153,311 to €182,990
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 | €1,897,411 | €2,432,935 | +€535,524 | +28.2% |
| Fixed assets | 21/28 | €693,506 | €1,032,449 | +€338,943 | +48.9% |
| Intangible fixed assets | 21 | €1,613 | €470 | -€1,143 | -70.9% |
| Tangible fixed assets | 22/27 | €658,402 | €994,891 | +€336,489 | +51.1% |
| Land and buildings | 22 | €255,308 | €231,417 | -€23,891 | -9.4% |
| Plant, machinery and equipment | 23 | €31,326 | €159,799 | +€128,473 | +410.1% |
| Furniture and vehicles | 24 | €371,768 | €289,703 | -€82,064 | -22.1% |
| Leasing and similar rights | 25 | - | €313,971 | +€313,971 | |
| Financial fixed assets | 28 | €33,491 | €37,088 | +€3,598 | +10.7% |
| Current assets | 29/58 | €1,203,905 | €1,400,486 | +€196,581 | +16.3% |
| Stocks and contracts in progress | 3 | €356,535 | €200,667 | -€155,867 | -43.7% |
| Stocks | 30/36 | €24,977 | €25,439 | +€462 | +1.8% |
| Contracts in progress | 37 | €331,558 | €175,229 | -€156,329 | -47.1% |
| Amounts receivable within one year | 40/41 | €357,588 | €265,619 | -€91,969 | -25.7% |
| Trade receivables | 40 | €341,966 | €248,393 | -€93,573 | -27.4% |
| Other amounts receivable | 41 | €15,622 | €17,226 | +€1,604 | +10.3% |
| Current investments | 50/53 | €2,571 | €2,571 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €458,434 | €810,556 | +€352,122 | +76.8% |
| Deferred charges and accrued income | 490/1 | €28,777 | €121,072 | +€92,295 | +320.7% |
| Total equity and liabilities | 10/49 | €1,897,411 | €2,432,935 | +€535,524 | +28.2% |
| Equity | 10/15 | €950,551 | €1,117,384 | +€166,833 | +17.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €931,951 | €1,098,784 | +€166,833 | +17.9% |
| Distributable reserves | 133 | €931,951 | €1,098,784 | +€166,833 | +17.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €946,860 | €1,315,551 | +€368,690 | +38.9% |
| Amounts payable after more than one year | 17 | €342,967 | €544,525 | +€201,559 | +58.8% |
| Financial debts | 170/4 | €342,967 | €544,525 | +€201,559 | +58.8% |
| Amounts payable within one year | 42/48 | €600,212 | €771,025 | +€170,814 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | €125,201 | €187,939 | +€62,738 | +50.1% |
| Financial debts | 43 | €14,206 | €30,296 | +€16,090 | +113.3% |
| Credit institutions | 430/8 | €14,206 | €30,296 | +€16,090 | +113.3% |
| Trade debts | 44 | €255,090 | €140,090 | -€115,001 | -45.1% |
| Suppliers | 440/4 | €255,090 | €140,090 | -€115,001 | -45.1% |
| Taxes, remuneration and social security | 45 | €46,016 | €102,665 | +€56,649 | +123.1% |
| Taxes | 450/3 | €372 | €38,919 | +€38,547 | +10368.0% |
| Remuneration and social security | 454/9 | €45,644 | €63,746 | +€18,102 | +39.7% |
| Other amounts payable | 47/48 | €159,698 | €310,036 | +€150,337 | +94.1% |
| Accrued charges and deferred income | 492/3 | €3,682 | €0 | -€3,682 | -100.0% |
| Non-recurring operating income | 76A | €14,250 | €37,147 | +€22,897 | +160.7% |
| Remuneration, social security and pensions | 62 | €1,077,500 | €1,341,529 | +€264,029 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153,311 | €182,990 | +€29,679 | +19.4% |
| Other operating charges | 640/8 | €7,909 | €8,650 | +€740 | +9.4% |
| Non-recurring operating charges | 66A | €0 | €931 | +€931 | |
| Gross operating margin | 9900 | €1,467,476 | €2,157,783 | +€690,307 | +47.0% |
| Operating profit (loss) | 9901 | €228,756 | €623,684 | +€394,928 | +172.6% |
| Financial income | 75/76B | €1,970 | €12,306 | +€10,336 | +524.6% |
| Recurring financial income | 75 | €1,970 | €12,306 | +€10,336 | +524.6% |
| Financial charges | 65/66B | €22,697 | €28,694 | +€5,997 | +26.4% |
| Recurring financial charges | 65 | €22,697 | €28,694 | +€5,997 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | €208,029 | €607,296 | +€399,267 | +191.9% |
| Income taxes | 67/77 | €44,378 | €140,462 | +€96,084 | +216.5% |
| Profit (loss) for the period | 9904 | €163,651 | €466,833 | +€303,182 | +185.3% |
| Profit (loss) for the period to be appropriated | 9905 | €163,651 | €466,833 | +€303,182 | +185.3% |
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 4 October 2026 via checked.be.