EVO: 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.
EVO
Largest movements
- Deferred charges and accrued income +€155,664
up €155,664 (+12,716%), from €1,224 to €156,888
- Tangible fixed assets +€73,483
up €73,483 (+220%), from €33,330 to €106,812
of which Leasing and similar rights: +€76,213
- Receivables within one year -€25,000
no longer reported in 2025 (was €25,000)
- Cash +€13,354
up €13,354 (+353%), from €3,784 to €17,138
mainly Net result for the year (+€114,059) and Debts after one year (+€60,821)
- Profit (loss) carried forward +€114,059
new in 2025: €114,059
- Debts after one year +€60,821
up €60,821 (+608%), from €10,000 to €70,821
- Tax, wage and social debts +€33,441
up €33,441 (+500%), from €6,685 to €40,126
- Current portion of long-term debt +€16,234
new in 2025: €16,234
- Other debts -€8,992
down €8,992 (-33.7%), from €26,714 to €17,722
- Gross operating margin +€139,979
up €139,979 (+573%), from €24,425 to €164,404
- Taxes +€26,756
up €26,756 (+400%), from €6,685 to €33,441
- Depreciation +€14,877
up €14,877 (+3,084%), from €482 to €15,360
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.
Derived cash bridge
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 | €63,338 | €280,838 | +€217,500 | +343% |
| Fixed assets | 21/28 | €33,330 | €106,812 | +€73,483 | +220% |
| Tangible fixed assets | 22/27 | €33,330 | €106,812 | +€73,483 | +220% |
| Furniture and vehicles | 24 | €1,695 | €2,166 | +€471 | +27.8% |
| Leasing and similar rights | 25 | - | €76,213 | +€76,213 | |
| Other tangible fixed assets | 26 | €31,635 | €28,434 | -€3,201 | -10.1% |
| Current assets | 29/58 | €30,008 | €174,026 | +€144,018 | +480% |
| Amounts receivable within one year | 40/41 | €25,000 | - | -€25,000 | |
| Trade receivables | 40 | €25,000 | - | -€25,000 | |
| Cash at bank and in hand | 54/58 | €3,784 | €17,138 | +€13,354 | +353% |
| Deferred charges and accrued income | 490/1 | €1,224 | €156,888 | +€155,664 | +12,716% |
| Total equity and liabilities | 10/49 | €63,338 | €280,838 | +€217,500 | +343% |
| Equity | 10/15 | €18,236 | €132,295 | +€114,059 | +625% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €17,236 | €17,236 | = | 0.0% |
| Distributable reserves | 133 | €17,236 | €17,236 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €114,059 | +€114,059 | |
| Amounts payable | 17/49 | €45,102 | €148,543 | +€103,441 | +229% |
| Amounts payable after more than one year | 17 | €10,000 | €70,821 | +€60,821 | +608% |
| Financial debts | 170/4 | €10,000 | €70,821 | +€60,821 | +608% |
| Amounts payable within one year | 42/48 | €35,102 | €77,427 | +€42,325 | +121% |
| Current portion of amounts payable after more than one year | 42 | - | €16,234 | +€16,234 | |
| Trade debts | 44 | €1,702 | €3,344 | +€1,642 | +96.5% |
| Suppliers | 440/4 | €1,702 | €3,344 | +€1,642 | +96.5% |
| Taxes, remuneration and social security | 45 | €6,685 | €40,126 | +€33,441 | +500% |
| Taxes | 450/3 | €6,685 | €40,126 | +€33,441 | +500% |
| Other amounts payable | 47/48 | €26,714 | €17,722 | -€8,992 | -33.7% |
| Accrued charges and deferred income | 492/3 | - | €295 | +€295 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482 | €15,360 | +€14,877 | +3,084% |
| Gross operating margin | 9900 | €24,425 | €164,404 | +€139,979 | +573% |
| Operating profit (loss) | 9901 | €23,943 | €149,044 | +€125,101 | +523% |
| Financial charges | 65/66B | €21 | €1,544 | +€1,522 | +7,164% |
| Recurring financial charges | 65 | €21 | €1,544 | +€1,522 | +7,164% |
| Profit (loss) for the period before taxes | 9903 | €23,921 | €147,500 | +€123,579 | +517% |
| Income taxes | 67/77 | €6,685 | €33,441 | +€26,756 | +400% |
| Profit (loss) for the period | 9904 | €17,236 | €114,059 | +€96,823 | +562% |
| Profit (loss) for the period to be appropriated | 9905 | €17,236 | €114,059 | +€96,823 | +562% |
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 14 October 2026 via checked.be.