EVL: what changed
EVL
Largest movements
- Receivables within one year +€13,912
up €13,912 (+74.5%), from €18,675 to €32,587
- Deferred charges and accrued income -€13,098
down €13,098 (-99.8%), from €13,127 to €29
- Tangible fixed assets +€7,611
up €7,611 (+295%), from €2,578 to €10,189
of which Plant, machinery and equipment: +€8,033
- Stocks and contracts -€2,094
down €2,094 (-25.9%), from €8,090 to €5,996
- Cash -€1,062
down €1,062 (-21.0%), from €5,054 to €3,991
mainly Receivables within one year (-€13,912) and Investment in fixed assets (net) (-€10,041)
- Profit (loss) carried forward -€9,346
down €9,346 (-58.8%), from -€15,908 to -€25,254
- Trade debts +€8,463
up €8,463 (+132%), from €6,418 to €14,882
- Other debts +€6,823
up €6,823 (+32.7%), from €20,848 to €27,671
- Debts after one year -€3,057
down €3,057 (-13.7%), from €22,255 to €19,198
- Tax, wage and social debts +€2,250
up €2,250 (+42.1%), from €5,350 to €7,600
- Gross operating margin +€9,803
up €9,803 (+67.6%), from -€14,503 to -€4,700
- Depreciation +€2,008
up €2,008 (+476%), from €422 to €2,430
- Other operating charges +€820
up €820 (+293%), from €280 to €1,100
- Financial charges +€413
up €413 (+58.7%), from €703 to €1,116
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 | €47,523 | €52,792 | +€5,269 | +11.1% |
| Fixed assets | 21/28 | €2,578 | €10,189 | +€7,611 | +295% |
| Tangible fixed assets | 22/27 | €2,578 | €10,189 | +€7,611 | +295% |
| Land and buildings | 22 | €1,336 | €1,179 | -€158 | -11.8% |
| Plant, machinery and equipment | 23 | - | €8,033 | +€8,033 | |
| Furniture and vehicles | 24 | €1,241 | €977 | -€264 | -21.3% |
| Current assets | 29/58 | €44,945 | €42,603 | -€2,342 | -5.2% |
| Stocks and contracts in progress | 3 | €8,090 | €5,996 | -€2,094 | -25.9% |
| Stocks | 30/36 | €8,090 | €5,996 | -€2,094 | -25.9% |
| Amounts receivable within one year | 40/41 | €18,675 | €32,587 | +€13,912 | +74.5% |
| Trade receivables | 40 | €18,675 | €32,587 | +€13,912 | +74.5% |
| Cash at bank and in hand | 54/58 | €5,054 | €3,991 | -€1,062 | -21.0% |
| Deferred charges and accrued income | 490/1 | €13,127 | €29 | -€13,098 | -99.8% |
| Total equity and liabilities | 10/49 | €47,523 | €52,792 | +€5,269 | +11.1% |
| Equity | 10/15 | -€10,039 | -€19,385 | -€9,346 | -93.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,868 | €2,868 | = | 0.0% |
| Distributable reserves | 133 | €2,868 | €2,868 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,908 | -€25,254 | -€9,346 | -58.8% |
| Amounts payable | 17/49 | €57,562 | €72,177 | +€14,615 | +25.4% |
| Amounts payable after more than one year | 17 | €22,255 | €19,198 | -€3,057 | -13.7% |
| Financial debts | 170/4 | €22,255 | €19,198 | -€3,057 | -13.7% |
| Amounts payable within one year | 42/48 | €35,307 | €52,979 | +€17,672 | +50.1% |
| Current portion of amounts payable after more than one year | 42 | €2,691 | €2,827 | +€136 | +5.0% |
| Trade debts | 44 | €6,418 | €14,882 | +€8,463 | +132% |
| Suppliers | 440/4 | €6,418 | €14,882 | +€8,463 | +132% |
| Taxes, remuneration and social security | 45 | €5,350 | €7,600 | +€2,250 | +42.1% |
| Taxes | 450/3 | €5,350 | €7,600 | +€2,250 | +42.1% |
| Other amounts payable | 47/48 | €20,848 | €27,671 | +€6,823 | +32.7% |
| Non-recurring operating income | 76A | €1,720 | €0 | -€1,720 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €422 | €2,430 | +€2,008 | +476% |
| Other operating charges | 640/8 | €280 | €1,100 | +€820 | +293% |
| Gross operating margin | 9900 | -€14,503 | -€4,700 | +€9,803 | +67.6% |
| Operating profit (loss) | 9901 | -€15,205 | -€8,230 | +€6,974 | +45.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €703 | €1,116 | +€413 | +58.7% |
| Recurring financial charges | 65 | €703 | €1,116 | +€413 | +58.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,908 | -€9,346 | +€6,562 | +41.2% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€15,908 | -€9,346 | +€6,562 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,908 | -€9,346 | +€6,562 | +41.2% |
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 4 November 2026 via checked.be.