EVI & GLENN: what changed
Two financial 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 & GLENN
Largest movements
- Tangible fixed assets -€13,512
down €13,512 (-4.9%), from €273,738 to €260,227
of which Land and buildings: -€10,662
- Cash +€4,078
up €4,078 (+149%), from €2,746 to €6,823
mainly Net result for the year (+€19,600) and Depreciation (+€16,512)
- Debts after one year -€21,795
down €21,795 (-12.4%), from €176,013 to €154,218
- Reserves +€19,600
up €19,600 (+50.6%), from €38,720 to €58,320
- Other debts -€11,223
down €11,223 (-47.2%), from €23,781 to €12,558
- Current portion of long-term debt +€4,401
up €4,401 (+18.0%), from €24,394 to €28,795
- Staff costs -€6,688
down €6,688 (-98.3%), from €6,803 to €115
- Financial charges -€3,866
down €3,866 (-26.7%), from €14,458 to €10,592
- Gross operating margin +€2,794
up €2,794 (+4.8%), from €57,698 to €60,492
- Taxes -€1,407
down €1,407 (-10.6%), from €13,233 to €11,826
- Other operating charges -€893
down €893 (-29.1%), from €3,073 to €2,180
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.
Derived cash bridge
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 | €298,090 | €287,988 | -€10,102 | -3.4% |
| Fixed assets | 21/28 | €275,738 | €262,227 | -€13,512 | -4.9% |
| Tangible fixed assets | 22/27 | €273,738 | €260,227 | -€13,512 | -4.9% |
| Land and buildings | 22 | €252,522 | €241,860 | -€10,662 | -4.2% |
| Plant, machinery and equipment | 23 | €7,709 | €4,611 | -€3,097 | -40.2% |
| Furniture and vehicles | 24 | €2,519 | €1,783 | -€736 | -29.2% |
| Other tangible fixed assets | 26 | €10,989 | €11,972 | +€983 | +8.9% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €22,351 | €25,761 | +€3,410 | +15.3% |
| Stocks and contracts in progress | 3 | €1,353 | €1,900 | +€547 | +40.4% |
| Stocks | 30/36 | €1,353 | €1,900 | +€547 | +40.4% |
| Amounts receivable within one year | 40/41 | €18,252 | €17,038 | -€1,215 | -6.7% |
| Trade receivables | 40 | €18,102 | €16,456 | -€1,646 | -9.1% |
| Other amounts receivable | 41 | €150 | €582 | +€432 | +288% |
| Cash at bank and in hand | 54/58 | €2,746 | €6,823 | +€4,078 | +149% |
| Total equity and liabilities | 10/49 | €298,090 | €287,988 | -€10,102 | -3.4% |
| Equity | 10/15 | €55,906 | €75,506 | +€19,600 | +35.1% |
| Contributions | 10/11 | €12,772 | €12,772 | = | 0.0% |
| Reserves | 13 | €38,720 | €58,320 | +€19,600 | +50.6% |
| Distributable reserves | 133 | €38,720 | €58,320 | +€19,600 | +50.6% |
| Profit (loss) carried forward | 14 | €4,413 | €4,413 | = | 0.0% |
| Amounts payable | 17/49 | €242,184 | €212,482 | -€29,702 | -12.3% |
| Amounts payable after more than one year | 17 | €176,013 | €154,218 | -€21,795 | -12.4% |
| Financial debts | 170/4 | €176,013 | €154,218 | -€21,795 | -12.4% |
| Amounts payable within one year | 42/48 | €65,146 | €57,909 | -€7,237 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €24,394 | €28,795 | +€4,401 | +18.0% |
| Financial debts | 43 | - | €468 | +€468 | |
| Credit institutions | 430/8 | - | €468 | +€468 | |
| Trade debts | 44 | €5,268 | €6,999 | +€1,730 | +32.8% |
| Suppliers | 440/4 | €5,268 | €6,999 | +€1,730 | +32.8% |
| Taxes, remuneration and social security | 45 | €11,702 | €9,090 | -€2,612 | -22.3% |
| Taxes | 450/3 | €7,896 | €5,245 | -€2,652 | -33.6% |
| Remuneration and social security | 454/9 | €3,806 | €3,845 | +€39 | +1.0% |
| Other amounts payable | 47/48 | €23,781 | €12,558 | -€11,223 | -47.2% |
| Accrued charges and deferred income | 492/3 | €1,025 | €355 | -€670 | -65.4% |
| Remuneration, social security and pensions | 62 | €6,803 | €115 | -€6,688 | -98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,506 | €16,512 | +€6 | 0.0% |
| Other operating charges | 640/8 | €3,073 | €2,180 | -€893 | -29.1% |
| Gross operating margin | 9900 | €57,698 | €60,492 | +€2,794 | +4.8% |
| Operating profit (loss) | 9901 | €31,317 | €41,685 | +€10,369 | +33.1% |
| Financial income | 75/76B | €787 | €332 | -€455 | -57.8% |
| Recurring financial income | 75 | €787 | €332 | -€455 | -57.8% |
| Financial charges | 65/66B | €14,458 | €10,592 | -€3,866 | -26.7% |
| Recurring financial charges | 65 | €14,458 | €10,592 | -€3,866 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €17,646 | €31,426 | +€13,780 | +78.1% |
| Income taxes | 67/77 | €13,233 | €11,826 | -€1,407 | -10.6% |
| Profit (loss) for the period | 9904 | €4,413 | €19,600 | +€15,187 | +344% |
| Profit (loss) for the period to be appropriated | 9905 | €4,413 | €19,600 | +€15,187 | +344% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.