EVI: 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.
EVI
Largest movements
- Tangible fixed assets +€96,646
up €96,646 (+2.6%), from €3.7m to €3.8m
- Cash -€61,067
down €61,067 (-39.9%), from €152,960 to €91,893
mainly Investment in fixed assets (net) (-€207,519) and Receivables within one year (-€52,077)
- Receivables within one year +€52,077
up €52,077 (+32.9%), from €158,261 to €210,337
of which Trade receivables: +€50,778
- Trade debts +€43,879
up €43,879 (+24.1%), from €182,233 to €226,112
- Other operating charges +€66,744
up €66,744 (+89.3%), from €74,754 to €141,498
- Gross operating margin +€14,257
up €14,257 (+5.1%), from €279,350 to €293,607
- Taxes -€13,512
down €13,512 (-69.0%), from €19,581 to €6,069
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 | €3,973,456 | €4,062,611 | +€89,155 | +2.2% |
| Fixed assets | 21/28 | €3,662,235 | €3,758,881 | +€96,646 | +2.6% |
| Tangible fixed assets | 22/27 | €3,662,235 | €3,758,881 | +€96,646 | +2.6% |
| Land and buildings | 22 | €3,662,235 | €3,758,881 | +€96,646 | +2.6% |
| Current assets | 29/58 | €311,221 | €303,730 | -€7,490 | -2.4% |
| Amounts receivable within one year | 40/41 | €158,261 | €210,337 | +€52,077 | +32.9% |
| Trade receivables | 40 | €38,705 | €89,484 | +€50,778 | +131.2% |
| Other amounts receivable | 41 | €119,556 | €120,854 | +€1,298 | +1.1% |
| Cash at bank and in hand | 54/58 | €152,960 | €91,893 | -€61,067 | -39.9% |
| Deferred charges and accrued income | 490/1 | - | €1,500 | +€1,500 | |
| Total equity and liabilities | 10/49 | €3,973,456 | €4,062,611 | +€89,155 | +2.2% |
| Equity | 10/15 | €3,734,358 | €3,769,182 | +€34,824 | +0.9% |
| Contributions | 10/11 | €517,653 | €517,653 | = | 0.0% |
| Reserves | 13 | €3,216,705 | €3,251,529 | +€34,824 | +1.1% |
| Distributable reserves | 133 | €3,216,705 | €3,251,529 | +€34,824 | +1.1% |
| Amounts payable | 17/49 | €239,098 | €293,429 | +€54,332 | +22.7% |
| Amounts payable within one year | 42/48 | €229,098 | €251,763 | +€22,665 | +9.9% |
| Trade debts | 44 | €182,233 | €226,112 | +€43,879 | +24.1% |
| Suppliers | 440/4 | €182,233 | €226,112 | +€43,879 | +24.1% |
| Taxes, remuneration and social security | 45 | €46,200 | €25,651 | -€20,549 | -44.5% |
| Taxes | 450/3 | €46,200 | €25,651 | -€20,549 | -44.5% |
| Other amounts payable | 47/48 | €664 | €0 | -€664 | -100.0% |
| Accrued charges and deferred income | 492/3 | €10,000 | €41,667 | +€31,667 | +316.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,752 | €110,874 | -€1,878 | -1.7% |
| Other operating charges | 640/8 | €74,754 | €141,498 | +€66,744 | +89.3% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €279,350 | €293,607 | +€14,257 | +5.1% |
| Operating profit (loss) | 9901 | €91,844 | €41,235 | -€50,609 | -55.1% |
| Financial charges | 65/66B | €437 | €343 | -€94 | -21.5% |
| Recurring financial charges | 65 | €437 | €343 | -€94 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €91,407 | €40,893 | -€50,515 | -55.3% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €19,581 | €6,069 | -€13,512 | -69.0% |
| Profit (loss) for the period | 9904 | €71,826 | €34,824 | -€37,003 | -51.5% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €71,826 | €34,824 | -€37,003 | -51.5% |
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 1 October 2026 via checked.be.