Evip: 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.
Evip
Largest movements
- Receivables within one year -€275,354
down €275,354 (-18.7%), from €1.5m to €1.2m
of which Trade receivables: -€351,450
- Stocks and contracts +€197,232
up €197,232 (+24.5%), from €804,951 to €1.0m
of which Contracts in progress: +€159,353
- Cash -€41,314
down €41,314 (-13.1%), from €316,386 to €275,072
mainly Debts after one year (-€474,262) and Stocks and contracts (-€197,232)
- Debts after one year -€474,262
down €474,262 (-87.8%), from €540,035 to €65,773
- Reserves +€352,960
up €352,960 (+98.4%), from €358,527 to €711,487
of which Distributable reserves: +€352,960
- Trade debts +€97,386
up €97,386 (+15.1%), from €645,965 to €743,351
- Short-term financial debts +€53,696
up €53,696 (+175.7%), from €30,569 to €84,265
- Tax, wage and social debts -€52,922
down €52,922 (-18.5%), from €286,750 to €233,828
of which Taxes: -€44,234
- Gross operating margin +€450,703
up €450,703 (+18.2%), from €2.5m to €2.9m
- Taxes +€72,203
up €72,203 (+103.1%), from €70,052 to €142,255
- Staff costs +€51,092
up €51,092 (+2.5%), from €2.1m to €2.1m
- Write-downs -€38,851
down €38,851 (-97.9%), from €39,688 to €837
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 | €2,981,195 | €2,893,162 | -€88,034 | -3.0% |
| Fixed assets | 21/28 | €369,607 | €404,461 | +€34,854 | +9.4% |
| Tangible fixed assets | 22/27 | €329,775 | €345,781 | +€16,006 | +4.9% |
| Plant, machinery and equipment | 23 | €37,031 | €39,938 | +€2,907 | +7.9% |
| Furniture and vehicles | 24 | €281,146 | €296,205 | +€15,059 | +5.4% |
| Other tangible fixed assets | 26 | €11,598 | €9,637 | -€1,961 | -16.9% |
| Financial fixed assets | 28 | €39,832 | €58,680 | +€18,848 | +47.3% |
| Current assets | 29/58 | €2,611,589 | €2,488,701 | -€122,888 | -4.7% |
| Stocks and contracts in progress | 3 | €804,951 | €1,002,183 | +€197,232 | +24.5% |
| Stocks | 30/36 | €255,173 | €293,052 | +€37,879 | +14.8% |
| Contracts in progress | 37 | €549,778 | €709,131 | +€159,353 | +29.0% |
| Amounts receivable within one year | 40/41 | €1,471,734 | €1,196,379 | -€275,354 | -18.7% |
| Trade receivables | 40 | €1,372,361 | €1,020,911 | -€351,450 | -25.6% |
| Other amounts receivable | 41 | €99,373 | €175,468 | +€76,095 | +76.6% |
| Cash at bank and in hand | 54/58 | €316,386 | €275,072 | -€41,314 | -13.1% |
| Deferred charges and accrued income | 490/1 | €18,519 | €15,067 | -€3,452 | -18.6% |
| Total equity and liabilities | 10/49 | €2,981,195 | €2,893,162 | -€88,034 | -3.0% |
| Equity | 10/15 | €1,208,527 | €1,561,487 | +€352,960 | +29.2% |
| Contributions | 10/11 | €850,000 | €850,000 | = | 0.0% |
| Capital | 10 | €850,000 | €850,000 | = | 0.0% |
| Issued capital | 100 | €850,000 | €850,000 | = | 0.0% |
| Reserves | 13 | €358,527 | €711,487 | +€352,960 | +98.4% |
| Non-distributable reserves | 130/1 | €85,000 | €85,000 | = | 0.0% |
| Legal reserve | 130 | €85,000 | €85,000 | = | 0.0% |
| Distributable reserves | 133 | €273,527 | €626,487 | +€352,960 | +129.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,772,668 | €1,331,675 | -€440,994 | -24.9% |
| Amounts payable after more than one year | 17 | €540,035 | €65,773 | -€474,262 | -87.8% |
| Financial debts | 170/4 | €540,035 | €65,773 | -€474,262 | -87.8% |
| Amounts payable within one year | 42/48 | €1,214,662 | €1,264,354 | +€49,693 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €51,377 | €35,033 | -€16,344 | -31.8% |
| Financial debts | 43 | €30,569 | €84,265 | +€53,696 | +175.7% |
| Credit institutions | 430/8 | €30,569 | €84,265 | +€53,696 | +175.7% |
| Trade debts | 44 | €645,965 | €743,351 | +€97,386 | +15.1% |
| Suppliers | 440/4 | €645,965 | €743,351 | +€97,386 | +15.1% |
| Taxes, remuneration and social security | 45 | €286,750 | €233,828 | -€52,922 | -18.5% |
| Taxes | 450/3 | €112,226 | €67,992 | -€44,234 | -39.4% |
| Remuneration and social security | 454/9 | €174,524 | €165,837 | -€8,687 | -5.0% |
| Other amounts payable | 47/48 | €200,000 | €167,877 | -€32,123 | -16.1% |
| Accrued charges and deferred income | 492/3 | €17,972 | €1,548 | -€16,424 | -91.4% |
| Non-recurring operating income | 76A | €8,382 | €34,601 | +€26,219 | +312.8% |
| Remuneration, social security and pensions | 62 | €2,063,041 | €2,114,133 | +€51,092 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,672 | €113,852 | +€2,180 | +2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €39,688 | €837 | -€38,851 | -97.9% |
| Other operating charges | 640/8 | €20,196 | €11,645 | -€8,551 | -42.3% |
| Non-recurring operating charges | 66A | €3,721 | €3,388 | -€333 | -8.9% |
| Gross operating margin | 9900 | €2,482,756 | €2,933,458 | +€450,703 | +18.2% |
| Operating profit (loss) | 9901 | €244,437 | €689,604 | +€445,166 | +182.1% |
| Financial income | 75/76B | €6,876 | €4,204 | -€2,672 | -38.9% |
| Recurring financial income | 75 | €6,876 | €4,204 | -€2,672 | -38.9% |
| Financial charges | 65/66B | €43,793 | €36,094 | -€7,700 | -17.6% |
| Recurring financial charges | 65 | €43,793 | €36,094 | -€7,700 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €207,520 | €657,715 | +€450,194 | +216.9% |
| Income taxes | 67/77 | €70,052 | €142,255 | +€72,203 | +103.1% |
| Profit (loss) for the period | 9904 | €137,469 | €515,460 | +€377,991 | +275.0% |
| Profit (loss) for the period to be appropriated | 9905 | €137,469 | €515,460 | +€377,991 | +275.0% |
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 5 October 2026 via checked.be.