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Evinrude: 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.

What changed

Evinrude

BE 0763.376.538
NACE 69.101, Activities of lawyers
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€66,046
2023 · €54,412+€11,634
Equity
€66,459
2023 · €142,541-€76,082
Cash
€60,891
2023 · €172,659-€111,768
Balance sheet total
€78,498
2023 · €177,241-€98,743

Largest movements

2023 to 2024
Assets
  • Cash -€111,768

    down €111,768 (-64.7%), from €172,659 to €60,891

    mainly Contributions, distributions and other (-€142,127) and Tax, wage and social debts (-€20,597)

  • Tangible fixed assets +€13,025

    up €13,025 (+284.3%), from €4,582 to €17,606

    of which Furniture and vehicles: +€13,841

Equity and liabilities
  • Reserves -€76,127

    down €76,127 (-53.6%), from €142,127 to €66,000

  • Tax, wage and social debts -€20,597

    down €20,597 (-63.4%), from €32,486 to €11,889

  • Trade debts -€1,986

    no longer reported in 2024 (was €1,986)

Income statement
  • Gross operating margin +€23,537

    up €23,537 (+33.7%), from €69,775 to €93,311

  • Taxes +€9,781

    up €9,781 (+69.0%), from €14,168 to €23,949

  • Depreciation +€2,008

    up €2,008 (+168.2%), from €1,194 to €3,202

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €54,412
Gross operating margin +€23,537
Depreciation -€2,008
Financial charges -€114
Taxes -€9,781
Result 2024 €66,046

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€46,586
Investment -€16,227
Financing -€142,127
Cash 2023 €172,659
Net result for the year +€66,046
Depreciation +€3,202
Trade debts -€1,986
Tax, wage and social debts -€20,597
Other debts -€79
Investment in fixed assets (net) -€16,227
Contributions, distributions and other -€142,127
Cash 2024 €60,891
Every line side by side 29 lines
Line Code 2023 2024 Change %
Total assets 20/58 €177,241 €78,498 -€98,743 -55.7%
Fixed assets 21/28 €4,582 €17,606 +€13,025 +284.3%
Tangible fixed assets 22/27 €4,582 €17,606 +€13,025 +284.3%
Furniture and vehicles 24 €832 €14,673 +€13,841 +1662.6%
Other tangible fixed assets 26 €3,750 €2,933 -€816 -21.8%
Current assets 29/58 €172,659 €60,891 -€111,768 -64.7%
Cash at bank and in hand 54/58 €172,659 €60,891 -€111,768 -64.7%
Total equity and liabilities 10/49 €177,241 €78,498 -€98,743 -55.7%
Equity 10/15 €142,541 €66,459 -€76,082 -53.4%
Contributions 10/11 €2 €2 = 0.0%
Reserves 13 €142,127 €66,000 -€76,127 -53.6%
Distributable reserves 133 €142,127 €66,000 -€76,127 -53.6%
Profit (loss) carried forward 14 €412 €457 +€46 +11.1%
Amounts payable 17/49 €34,700 €12,038 -€22,662 -65.3%
Amounts payable within one year 42/48 €34,700 €12,038 -€22,662 -65.3%
Trade debts 44 €1,986 - -€1,986
Suppliers 440/4 €1,986 - -€1,986
Taxes, remuneration and social security 45 €32,486 €11,889 -€20,597 -63.4%
Taxes 450/3 €32,486 €11,889 -€20,597 -63.4%
Other amounts payable 47/48 €227 €149 -€79 -34.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,194 €3,202 +€2,008 +168.2%
Gross operating margin 9900 €69,775 €93,311 +€23,537 +33.7%
Operating profit (loss) 9901 €68,581 €90,109 +€21,529 +31.4%
Financial charges 65/66B €1 €115 +€114 +11478.8%
Recurring financial charges 65 €1 €115 +€114 +11478.8%
Profit (loss) for the period before taxes 9903 €68,580 €89,995 +€21,415 +31.2%
Income taxes 67/77 €14,168 €23,949 +€9,781 +69.0%
Profit (loss) for the period 9904 €54,412 €66,046 +€11,634 +21.4%
Profit (loss) for the period to be appropriated 9905 €54,412 €66,046 +€11,634 +21.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.