EVLEX: 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.
EVLEX
Largest movements
- Tangible fixed assets -€14,987
down €14,987 (-3.8%), from €397,128 to €382,141
of which Land and buildings: -€15,471
- Cash -€14,381
down €14,381 (-31.9%), from €45,110 to €30,730
mainly Contributions, distributions and other (-€61,767) and Debts after one year (-€38,104)
- Deferred charges and accrued income +€7,367
up €7,367 (+561.3%), from €1,313 to €8,680
- Debts after one year -€38,104
down €38,104 (-27.1%), from €140,653 to €102,549
- Tax, wage and social debts +€11,258
up €11,258 (+55.2%), from €20,400 to €31,658
- Advances received +€9,075
new in 2025: €9,075
- Gross operating margin -€46,711
down €46,711 (-31.8%), from €146,685 to €99,974
- Taxes -€3,007
down €3,007 (-17.7%), from €17,001 to €13,994
- Financial charges -€1,647
down €1,647 (-18.8%), from €8,766 to €7,118
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 | €443,960 | €422,147 | -€21,813 | -4.9% |
| Fixed assets | 21/28 | €397,128 | €382,141 | -€14,987 | -3.8% |
| Tangible fixed assets | 22/27 | €397,128 | €382,141 | -€14,987 | -3.8% |
| Land and buildings | 22 | €394,452 | €378,981 | -€15,471 | -3.9% |
| Plant, machinery and equipment | 23 | €1,477 | €706 | -€771 | -52.2% |
| Furniture and vehicles | 24 | €1,200 | €2,454 | +€1,254 | +104.5% |
| Current assets | 29/58 | €46,831 | €40,006 | -€6,826 | -14.6% |
| Amounts receivable within one year | 40/41 | €409 | €596 | +€188 | +45.9% |
| Trade receivables | 40 | €387 | €575 | +€188 | +48.4% |
| Other amounts receivable | 41 | €21 | €21 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €45,110 | €30,730 | -€14,381 | -31.9% |
| Deferred charges and accrued income | 490/1 | €1,313 | €8,680 | +€7,367 | +561.3% |
| Total equity and liabilities | 10/49 | €443,960 | €422,147 | -€21,813 | -4.9% |
| Equity | 10/15 | €203,713 | €199,666 | -€4,048 | -2.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €153,496 | €149,448 | -€4,048 | -2.6% |
| Distributable reserves | 133 | €153,496 | €149,448 | -€4,048 | -2.6% |
| Profit (loss) carried forward | 14 | €44,017 | €44,017 | = | 0.0% |
| Amounts payable | 17/49 | €240,246 | €222,482 | -€17,765 | -7.4% |
| Amounts payable after more than one year | 17 | €140,653 | €102,549 | -€38,104 | -27.1% |
| Financial debts | 170/4 | €140,653 | €102,549 | -€38,104 | -27.1% |
| Amounts payable within one year | 42/48 | €98,093 | €118,433 | +€20,339 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €36,539 | €38,104 | +€1,565 | +4.3% |
| Trade debts | 44 | - | €522 | +€522 | |
| Suppliers | 440/4 | - | €522 | +€522 | |
| Advances received on contracts in progress | 46 | - | €9,075 | +€9,075 | |
| Taxes, remuneration and social security | 45 | €20,400 | €31,658 | +€11,258 | +55.2% |
| Taxes | 450/3 | €20,400 | €31,658 | +€11,258 | +55.2% |
| Other amounts payable | 47/48 | €41,154 | €39,074 | -€2,080 | -5.1% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,516 | €16,489 | -€26 | -0.2% |
| Other operating charges | 640/8 | €4,168 | €4,660 | +€492 | +11.8% |
| Gross operating margin | 9900 | €146,685 | €99,974 | -€46,711 | -31.8% |
| Operating profit (loss) | 9901 | €126,001 | €78,825 | -€47,177 | -37.4% |
| Financial income | 75/76B | €43 | €7 | -€36 | -84.3% |
| Recurring financial income | 75 | €43 | €7 | -€36 | -84.3% |
| Financial charges | 65/66B | €8,766 | €7,118 | -€1,647 | -18.8% |
| Recurring financial charges | 65 | €8,766 | €7,118 | -€1,647 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €117,278 | €71,713 | -€45,565 | -38.9% |
| Income taxes | 67/77 | €17,001 | €13,994 | -€3,007 | -17.7% |
| Profit (loss) for the period | 9904 | €100,277 | €57,719 | -€42,558 | -42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €100,277 | €57,719 | -€42,558 | -42.4% |
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 10 October 2026 via checked.be.