Evetra: 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.
Evetra
Largest movements
- Receivables within one year +€105,118
up €105,118 (+98.8%), from €106,358 to €211,476
of which Trade receivables: +€104,797
- Stocks and contracts -€35,212
down €35,212 (-12.4%), from €284,012 to €248,800
- Tangible fixed assets -€29,080
down €29,080 (-9.8%), from €295,423 to €266,343
of which Land and buildings: -€19,356
- Cash +€14,295
up €14,295 (+102.9%), from €13,887 to €28,181
mainly Trade debts (+€88,149) and Tax, wage and social debts (+€37,774)
- Trade debts +€88,149
up €88,149 (+72.1%), from €122,252 to €210,402
- Profit (loss) carried forward -€54,511
down €54,511 (-29.0%), from €187,896 to €133,385
- Tax, wage and social debts +€37,774
up €37,774 (+79.1%), from €47,783 to €85,556
of which Taxes: +€19,908
- Debts after one year -€36,057
down €36,057 (-24.0%), from €149,926 to €113,869
of which Financial debts: -€36,057
- Other debts +€14,318
up €14,318 (+99.0%), from €14,457 to €28,775
- Gross operating margin -€37,458
down €37,458 (-16.4%), from €228,684 to €191,226
- Staff costs +€30,649
up €30,649 (+18.0%), from €170,314 to €200,964
- Taxes -€9,526
down €9,526 (-95.9%), from €9,932 to €406
- Financial charges +€3,427
up €3,427 (+48.0%), from €7,135 to €10,562
- Other operating charges -€3,243
down €3,243 (-26.8%), from €12,086 to €8,843
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 | €726,939 | €778,861 | +€51,923 | +7.1% |
| Fixed assets | 21/28 | €296,415 | €267,335 | -€29,080 | -9.8% |
| Tangible fixed assets | 22/27 | €295,423 | €266,343 | -€29,080 | -9.8% |
| Land and buildings | 22 | €285,699 | €266,343 | -€19,356 | -6.8% |
| Furniture and vehicles | 24 | €9,724 | - | -€9,724 | |
| Financial fixed assets | 28 | €992 | €992 | = | 0.0% |
| Current assets | 29/58 | €430,524 | €511,527 | +€81,003 | +18.8% |
| Stocks and contracts in progress | 3 | €284,012 | €248,800 | -€35,212 | -12.4% |
| Stocks | 30/36 | €284,012 | €248,800 | -€35,212 | -12.4% |
| Amounts receivable within one year | 40/41 | €106,358 | €211,476 | +€105,118 | +98.8% |
| Trade receivables | 40 | €106,358 | €211,155 | +€104,797 | +98.5% |
| Other amounts receivable | 41 | - | €321 | +€321 | |
| Current investments | 50/53 | €26,267 | €23,070 | -€3,198 | -12.2% |
| Cash at bank and in hand | 54/58 | €13,887 | €28,181 | +€14,295 | +102.9% |
| Total equity and liabilities | 10/49 | €726,939 | €778,861 | +€51,923 | +7.1% |
| Equity | 10/15 | €279,131 | €222,691 | -€56,440 | -20.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €187,896 | €133,385 | -€54,511 | -29.0% |
| Investment grants | 15 | €23,035 | €21,105 | -€1,930 | -8.4% |
| Provisions and deferred taxes | 16 | €16,024 | €15,368 | -€656 | -4.1% |
| Deferred taxes | 168 | €16,024 | €15,368 | -€656 | -4.1% |
| Amounts payable | 17/49 | €431,784 | €540,803 | +€109,019 | +25.2% |
| Amounts payable after more than one year | 17 | €149,926 | €113,869 | -€36,057 | -24.0% |
| Financial debts | 170/4 | €63,926 | €27,869 | -€36,057 | -56.4% |
| Other amounts payable | 178/9 | €86,000 | €86,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €281,858 | €426,934 | +€145,076 | +51.5% |
| Current portion of amounts payable after more than one year | 42 | €34,837 | €36,057 | +€1,220 | +3.5% |
| Financial debts | 43 | €62,529 | €66,144 | +€3,615 | +5.8% |
| Credit institutions | 430/8 | €62,529 | €66,144 | +€3,615 | +5.8% |
| Trade debts | 44 | €122,252 | €210,402 | +€88,149 | +72.1% |
| Suppliers | 440/4 | €122,252 | €210,402 | +€88,149 | +72.1% |
| Taxes, remuneration and social security | 45 | €47,783 | €85,556 | +€37,774 | +79.1% |
| Taxes | 450/3 | €25,462 | €45,370 | +€19,908 | +78.2% |
| Remuneration and social security | 454/9 | €22,320 | €40,186 | +€17,866 | +80.0% |
| Other amounts payable | 47/48 | €14,457 | €28,775 | +€14,318 | +99.0% |
| Remuneration, social security and pensions | 62 | €170,314 | €200,964 | +€30,649 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,122 | €29,080 | -€1,041 | -3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,529 | -€1,529 | |
| Other operating charges | 640/8 | €12,086 | €8,843 | -€3,243 | -26.8% |
| Gross operating margin | 9900 | €228,684 | €191,226 | -€37,458 | -16.4% |
| Operating profit (loss) | 9901 | €16,162 | -€46,132 | -€62,294 | |
| Financial income | 75/76B | €2,600 | €2,589 | -€11 | -0.4% |
| Recurring financial income | 75 | €2,600 | €2,589 | -€11 | -0.4% |
| Financial charges | 65/66B | €7,135 | €10,562 | +€3,427 | +48.0% |
| Recurring financial charges | 65 | €7,135 | €10,562 | +€3,427 | +48.0% |
| Profit (loss) for the period before taxes | 9903 | €11,628 | -€54,104 | -€65,732 | |
| Income taxes | 67/77 | €9,932 | €406 | -€9,526 | -95.9% |
| Profit (loss) for the period | 9904 | €1,695 | -€54,511 | -€56,206 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,695 | -€54,511 | -€56,206 |
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.