EVI - INVEST: what changed
EVI - INVEST
Largest movements
- Receivables within one year -€53,104
down €53,104 (-83.4%), from €63,699 to €10,596
of which Trade receivables: -€60,366
- Cash -€25,850
down €25,850 (-34.9%), from €74,115 to €48,265
mainly Trade debts (-€46,915) and Net result for the year (-€38,909)
- Deferred charges and accrued income -€7,597
down €7,597 (-24.8%), from €30,676 to €23,079
- Tangible fixed assets -€2,077
down €2,077 (-23.5%), from €8,839 to €6,762
of which Other tangible fixed assets: -€1,437
- Trade debts -€46,915
down €46,915 (-96.4%), from €48,646 to €1,732
- Profit (loss) carried forward -€38,909
down €38,909 (-198%), from -€19,695 to -€58,605
- Other debts -€2,387
down €2,387 (-2.5%), from €94,609 to €92,222
- Gross operating margin -€104,520
down €104,520, from €69,149 to -€35,371
- Depreciation +€1,450
up €1,450 (+232%), from €626 to €2,077
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €192,330 | €103,702 | -€88,628 | -46.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €8,839 | €6,762 | -€2,077 | -23.5% |
| Tangible fixed assets | 22/27 | €8,839 | €6,762 | -€2,077 | -23.5% |
| Plant, machinery and equipment | 23 | €1,842 | €1,202 | -€640 | -34.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €6,997 | €5,560 | -€1,437 | -20.5% |
| Current assets | 29/58 | €183,491 | €96,940 | -€86,551 | -47.2% |
| Stocks and contracts in progress | 3 | €15,000 | €15,000 | = | 0.0% |
| Stocks | 30/36 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €63,699 | €10,596 | -€53,104 | -83.4% |
| Trade receivables | 40 | €60,366 | - | -€60,366 | |
| Other amounts receivable | 41 | €3,334 | €10,596 | +€7,262 | +218% |
| Cash at bank and in hand | 54/58 | €74,115 | €48,265 | -€25,850 | -34.9% |
| Deferred charges and accrued income | 490/1 | €30,676 | €23,079 | -€7,597 | -24.8% |
| Total equity and liabilities | 10/49 | €192,330 | €103,702 | -€88,628 | -46.1% |
| Equity | 10/15 | €47,955 | €9,045 | -€38,909 | -81.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,695 | -€58,605 | -€38,909 | -198% |
| Amounts payable | 17/49 | €144,375 | €94,657 | -€49,719 | -34.4% |
| Amounts payable within one year | 42/48 | €144,375 | €94,657 | -€49,719 | -34.4% |
| Trade debts | 44 | €48,646 | €1,732 | -€46,915 | -96.4% |
| Suppliers | 440/4 | €48,646 | €1,732 | -€46,915 | -96.4% |
| Taxes, remuneration and social security | 45 | €1,120 | €703 | -€417 | -37.2% |
| Taxes | 450/3 | €1,120 | €703 | -€417 | -37.2% |
| Other amounts payable | 47/48 | €94,609 | €92,222 | -€2,387 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €626 | €2,077 | +€1,450 | +232% |
| Other operating charges | 640/8 | €726 | €749 | +€23 | +3.2% |
| Gross operating margin | 9900 | €69,149 | -€35,371 | -€104,520 | |
| Operating profit (loss) | 9901 | €67,796 | -€38,197 | -€105,994 | |
| Financial charges | 65/66B | €83 | €316 | +€233 | +283% |
| Recurring financial charges | 65 | €83 | €316 | +€233 | +283% |
| Profit (loss) for the period before taxes | 9903 | €67,714 | -€38,513 | -€106,227 | |
| Income taxes | 67/77 | €306 | €397 | +€90 | +29.5% |
| Profit (loss) for the period | 9904 | €67,408 | -€38,909 | -€106,317 | |
| Profit (loss) for the period to be appropriated | 9905 | €67,408 | -€38,909 | -€106,317 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.