EVLO: 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.
EVLO
Largest movements
- Stocks and contracts -€76,204
down €76,204 (-22.2%), from €343,564 to €267,359
- Cash -€13,519
down €13,519 (-21.9%), from €61,708 to €48,189
mainly Other debts (-€50,000) and Tax, wage and social debts (-€24,537)
- Other debts -€50,000
no longer reported in 2025 (was €50,000)
- Tax, wage and social debts -€24,537
down €24,537 (-34.3%), from €71,599 to €47,062
- Debts after one year -€21,859
down €21,859 (-8.1%), from €269,752 to €247,893
of which Financial debts: -€24,048
- Profit (loss) carried forward +€8,762
up €8,762 (+73.6%), from €11,902 to €20,664
- Other operating charges +€50,531
up €50,531 (+119.1%), from €42,430 to €92,960
- Financial charges -€13,409
down €13,409 (-43.6%), from €30,722 to €17,313
- Gross operating margin -€10,967
down €10,967 (-7.8%), from €141,030 to €130,063
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 | €674,513 | €586,051 | -€88,462 | -13.1% |
| Fixed assets | 21/28 | €2,400 | €1,797 | -€603 | -25.1% |
| Tangible fixed assets | 22/27 | €2,400 | €1,797 | -€603 | -25.1% |
| Furniture and vehicles | 24 | €74 | €592 | +€518 | +704.8% |
| Other tangible fixed assets | 26 | €2,326 | €1,205 | -€1,122 | -48.2% |
| Current assets | 29/58 | €672,113 | €584,254 | -€87,859 | -13.1% |
| Stocks and contracts in progress | 3 | €343,564 | €267,359 | -€76,204 | -22.2% |
| Stocks | 30/36 | €343,564 | €267,359 | -€76,204 | -22.2% |
| Amounts receivable within one year | 40/41 | €265,266 | €268,588 | +€3,322 | +1.3% |
| Trade receivables | 40 | €258,775 | €251,735 | -€7,040 | -2.7% |
| Other amounts receivable | 41 | €6,490 | €16,852 | +€10,362 | +159.7% |
| Cash at bank and in hand | 54/58 | €61,708 | €48,189 | -€13,519 | -21.9% |
| Deferred charges and accrued income | 490/1 | €1,576 | €118 | -€1,457 | -92.5% |
| Total equity and liabilities | 10/49 | €674,513 | €586,051 | -€88,462 | -13.1% |
| Equity | 10/15 | €121,902 | €130,664 | +€8,762 | +7.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €60,000 | €60,000 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,902 | €20,664 | +€8,762 | +73.6% |
| Amounts payable | 17/49 | €552,611 | €455,387 | -€97,224 | -17.6% |
| Amounts payable after more than one year | 17 | €269,752 | €247,893 | -€21,859 | -8.1% |
| Financial debts | 170/4 | €238,830 | €214,782 | -€24,048 | -10.1% |
| Other amounts payable | 178/9 | €30,922 | €33,111 | +€2,189 | +7.1% |
| Amounts payable within one year | 42/48 | €279,260 | €199,794 | -€79,466 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €24,993 | €24,048 | -€945 | -3.8% |
| Trade debts | 44 | €132,667 | €128,684 | -€3,983 | -3.0% |
| Suppliers | 440/4 | €132,667 | €128,684 | -€3,983 | -3.0% |
| Taxes, remuneration and social security | 45 | €71,599 | €47,062 | -€24,537 | -34.3% |
| Taxes | 450/3 | €71,599 | €47,062 | -€24,537 | -34.3% |
| Other amounts payable | 47/48 | €50,000 | - | -€50,000 | |
| Accrued charges and deferred income | 492/3 | €3,600 | €7,700 | +€4,100 | +113.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,214 | €1,263 | +€49 | +4.0% |
| Other operating charges | 640/8 | €42,430 | €92,960 | +€50,531 | +119.1% |
| Gross operating margin | 9900 | €141,030 | €130,063 | -€10,967 | -7.8% |
| Operating profit (loss) | 9901 | €97,386 | €35,840 | -€61,546 | -63.2% |
| Financial income | 75/76B | €355 | €267 | -€88 | -24.9% |
| Recurring financial income | 75 | €355 | €267 | -€88 | -24.9% |
| Financial charges | 65/66B | €30,722 | €17,313 | -€13,409 | -43.6% |
| Recurring financial charges | 65 | €30,722 | €17,313 | -€13,409 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €67,019 | €18,794 | -€48,225 | -72.0% |
| Income taxes | 67/77 | €9,270 | €10,032 | +€762 | +8.2% |
| Profit (loss) for the period | 9904 | €57,749 | €8,762 | -€48,987 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,749 | €8,762 | -€48,987 | -84.8% |
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 30 September 2026 via checked.be.