EVG: 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.
EVG
Largest movements
- Receivables within one year +€16,119
up €16,119 (+141.7%), from €11,379 to €27,497
of which Other amounts receivable: +€16,219
- Cash +€13,066
up €13,066 (+45.1%), from €28,953 to €42,019
mainly Net result for the year (+€18,019) and Tax, wage and social debts (+€6,772)
- Tangible fixed assets -€6,415
down €6,415 (-68.6%), from €9,347 to €2,932
of which Plant, machinery and equipment: -€4,017
- Deferred charges and accrued income +€2,933
new in 2025: €2,933
- Stocks and contracts +€1,060
up €1,060 (+5.0%), from €21,095 to €22,155
- Profit (loss) carried forward +€18,019
up €18,019 (+32.6%), from €55,240 to €73,259
- Tax, wage and social debts +€6,772
up €6,772 (+95.2%), from €7,114 to €13,886
of which Remuneration and social security: +€7,656
- Trade debts +€1,993
up €1,993 (+49.4%), from €4,033 to €6,027
- Staff costs +€47,168
up €47,168 (+132.9%), from €35,488 to €82,656
- Gross operating margin +€31,364
up €31,364 (+36.1%), from €86,976 to €118,340
- Taxes -€5,564
down €5,564 (-53.7%), from €10,367 to €4,804
- Depreciation -€4,501
down €4,501 (-50.8%), from €8,854 to €4,353
- Financial charges +€2,292
up €2,292 (+185.1%), from €1,238 to €3,530
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 | €70,773 | €97,536 | +€26,763 | +37.8% |
| Fixed assets | 21/28 | €9,347 | €2,932 | -€6,415 | -68.6% |
| Tangible fixed assets | 22/27 | €9,347 | €2,932 | -€6,415 | -68.6% |
| Plant, machinery and equipment | 23 | €5,792 | €1,775 | -€4,017 | -69.4% |
| Furniture and vehicles | 24 | €2,444 | €248 | -€2,196 | -89.9% |
| Other tangible fixed assets | 26 | €1,111 | €909 | -€202 | -18.2% |
| Current assets | 29/58 | €61,427 | €94,604 | +€33,178 | +54.0% |
| Stocks and contracts in progress | 3 | €21,095 | €22,155 | +€1,060 | +5.0% |
| Stocks | 30/36 | €21,095 | €22,155 | +€1,060 | +5.0% |
| Amounts receivable within one year | 40/41 | €11,379 | €27,497 | +€16,119 | +141.7% |
| Trade receivables | 40 | €392 | €292 | -€101 | -25.6% |
| Other amounts receivable | 41 | €10,987 | €27,206 | +€16,219 | +147.6% |
| Cash at bank and in hand | 54/58 | €28,953 | €42,019 | +€13,066 | +45.1% |
| Deferred charges and accrued income | 490/1 | - | €2,933 | +€2,933 | |
| Total equity and liabilities | 10/49 | €70,773 | €97,536 | +€26,763 | +37.8% |
| Equity | 10/15 | €56,240 | €74,259 | +€18,019 | +32.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,240 | €73,259 | +€18,019 | +32.6% |
| Amounts payable | 17/49 | €14,534 | €23,277 | +€8,743 | +60.2% |
| Amounts payable after more than one year | 17 | €3,386 | €3,365 | -€21 | -0.6% |
| Financial debts | 170/4 | €3,386 | €3,365 | -€21 | -0.6% |
| Amounts payable within one year | 42/48 | €11,147 | €19,912 | +€8,765 | +78.6% |
| Trade debts | 44 | €4,033 | €6,027 | +€1,993 | +49.4% |
| Suppliers | 440/4 | €4,033 | €6,027 | +€1,993 | +49.4% |
| Taxes, remuneration and social security | 45 | €7,114 | €13,886 | +€6,772 | +95.2% |
| Taxes | 450/3 | €3,919 | €3,035 | -€884 | -22.6% |
| Remuneration and social security | 454/9 | €3,195 | €10,851 | +€7,656 | +239.6% |
| Non-recurring operating income | 76A | - | €7,638 | +€7,638 | |
| Remuneration, social security and pensions | 62 | €35,488 | €82,656 | +€47,168 | +132.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,854 | €4,353 | -€4,501 | -50.8% |
| Other operating charges | 640/8 | €349 | €55 | -€294 | -84.3% |
| Non-recurring operating charges | 66A | - | €5,311 | +€5,311 | |
| Gross operating margin | 9900 | €86,976 | €118,340 | +€31,364 | +36.1% |
| Operating profit (loss) | 9901 | €42,286 | €25,966 | -€16,320 | -38.6% |
| Financial income | 75/76B | €310 | €387 | +€77 | +24.9% |
| Recurring financial income | 75 | €310 | €387 | +€77 | +24.9% |
| Financial charges | 65/66B | €1,238 | €3,530 | +€2,292 | +185.1% |
| Recurring financial charges | 65 | €1,238 | €3,530 | +€2,292 | +185.1% |
| Profit (loss) for the period before taxes | 9903 | €41,357 | €22,823 | -€18,535 | -44.8% |
| Income taxes | 67/77 | €10,367 | €4,804 | -€5,564 | -53.7% |
| Profit (loss) for the period | 9904 | €30,990 | €18,019 | -€12,971 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,990 | €18,019 | -€12,971 | -41.9% |
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.