EVESTE: 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.
EVESTE
Largest movements
- Tangible fixed assets -€63,768
down €63,768 (-7.9%), from €806,651 to €742,883
of which Land and buildings: -€48,434
- Cash +€34,810
up €34,810 (+137.6%), from €25,293 to €60,103
mainly Depreciation (+€75,661) and Net result for the year (+€25,512)
- Other debts -€34,539
down €34,539 (-53.6%), from €64,392 to €29,854
- Reserves +€25,512
up €25,512 (+4.8%), from €531,388 to €556,900
- Financial income +€15,739
up €15,739 (+122.8%), from €12,819 to €28,558
- Write-downs -€2,898
no longer reported in 2025 (was €2,898)
- Gross operating margin -€2,621
down €2,621 (-2.8%), from €92,975 to €90,354
- Taxes +€2,154
up €2,154 (+99.1%), from €2,173 to €4,327
- Other operating charges -€2,115
down €2,115 (-21.4%), from €9,898 to €7,784
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 | €1,806,190 | €1,794,924 | -€11,266 | -0.6% |
| Fixed assets | 21/28 | €873,912 | €810,143 | -€63,768 | -7.3% |
| Tangible fixed assets | 22/27 | €806,651 | €742,883 | -€63,768 | -7.9% |
| Land and buildings | 22 | €758,025 | €709,591 | -€48,434 | -6.4% |
| Furniture and vehicles | 24 | €39,627 | €24,292 | -€15,335 | -38.7% |
| Other tangible fixed assets | 26 | €9,000 | €9,000 | = | 0.0% |
| Financial fixed assets | 28 | €67,260 | €67,260 | = | 0.0% |
| Current assets | 29/58 | €932,278 | €984,780 | +€52,502 | +5.6% |
| Stocks and contracts in progress | 3 | €575,571 | €585,510 | +€9,939 | +1.7% |
| Stocks | 30/36 | €575,571 | €585,510 | +€9,939 | +1.7% |
| Amounts receivable within one year | 40/41 | €18,018 | €10,943 | -€7,075 | -39.3% |
| Trade receivables | 40 | €8,863 | €5,184 | -€3,680 | -41.5% |
| Other amounts receivable | 41 | €9,154 | €5,759 | -€3,395 | -37.1% |
| Current investments | 50/53 | €304,414 | €322,094 | +€17,680 | +5.8% |
| Cash at bank and in hand | 54/58 | €25,293 | €60,103 | +€34,810 | +137.6% |
| Deferred charges and accrued income | 490/1 | €8,981 | €6,130 | -€2,852 | -31.7% |
| Total equity and liabilities | 10/49 | €1,806,190 | €1,794,924 | -€11,266 | -0.6% |
| Equity | 10/15 | €1,726,388 | €1,751,900 | +€25,512 | +1.5% |
| Contributions | 10/11 | €1,195,000 | €1,195,000 | = | 0.0% |
| Capital | 10 | €1,195,000 | €1,195,000 | = | 0.0% |
| Issued capital | 100 | €1,195,000 | €1,195,000 | = | 0.0% |
| Reserves | 13 | €531,388 | €556,900 | +€25,512 | +4.8% |
| Non-distributable reserves | 130/1 | €531,388 | €556,900 | +€25,512 | +4.8% |
| Legal reserve | 130 | €44,768 | €46,043 | +€1,276 | +2.8% |
| Other | 1319 | €486,620 | €510,857 | +€24,237 | +5.0% |
| Amounts payable | 17/49 | €79,802 | €43,023 | -€36,778 | -46.1% |
| Amounts payable after more than one year | 17 | €3,750 | €3,750 | = | 0.0% |
| Other amounts payable | 178/9 | €3,750 | €3,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €69,924 | €34,522 | -€35,402 | -50.6% |
| Trade debts | 44 | €2,657 | €1,152 | -€1,505 | -56.6% |
| Suppliers | 440/4 | €2,657 | €1,152 | -€1,505 | -56.6% |
| Taxes, remuneration and social security | 45 | €2,875 | €3,517 | +€642 | +22.3% |
| Taxes | 450/3 | €2,875 | €3,517 | +€642 | +22.3% |
| Other amounts payable | 47/48 | €64,392 | €29,854 | -€34,539 | -53.6% |
| Accrued charges and deferred income | 492/3 | €6,127 | €4,751 | -€1,377 | -22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,677 | €75,661 | +€984 | +1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,898 | - | -€2,898 | |
| Other operating charges | 640/8 | €9,898 | €7,784 | -€2,115 | -21.4% |
| Gross operating margin | 9900 | €92,975 | €90,354 | -€2,621 | -2.8% |
| Operating profit (loss) | 9901 | €5,501 | €6,909 | +€1,408 | +25.6% |
| Financial income | 75/76B | €12,819 | €28,558 | +€15,739 | +122.8% |
| Recurring financial income | 75 | €12,819 | €28,558 | +€15,739 | +122.8% |
| Financial charges | 65/66B | €5,831 | €5,628 | -€204 | -3.5% |
| Recurring financial charges | 65 | €5,831 | €5,628 | -€204 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €12,489 | €29,839 | +€17,350 | +138.9% |
| Income taxes | 67/77 | €2,173 | €4,327 | +€2,154 | +99.1% |
| Profit (loss) for the period | 9904 | €10,316 | €25,512 | +€15,197 | +147.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,316 | €25,512 | +€15,197 | +147.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.