EVOBEL: 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.
EVOBEL
Largest movements
- Current investments +€574,692
up €574,692 (+45.8%), from €1.3m to €1.8m
- Reserves +€514,359
up €514,359 (+35.7%), from €1.4m to €2.0m
- Tax, wage and social debts +€48,019
up €48,019 (+61.6%), from €77,903 to €125,922
No income-statement line moved by more than 1% of the activity.
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 | €1,521,213 | €2,084,217 | +€563,004 | +37.0% |
| Current assets | 29/58 | €1,521,213 | €2,084,217 | +€563,004 | +37.0% |
| Amounts receivable after more than one year | 29 | €120,000 | €120,000 | = | 0.0% |
| Other amounts receivable | 291 | €120,000 | €120,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €6,784 | €6,813 | +€29 | +0.4% |
| Stocks | 30/36 | €6,784 | €6,813 | +€29 | +0.4% |
| Amounts receivable within one year | 40/41 | €2,626 | €24 | -€2,602 | -99.1% |
| Trade receivables | 40 | €2,626 | - | -€2,626 | |
| Other amounts receivable | 41 | - | €24 | +€24 | |
| Current investments | 50/53 | €1,253,988 | €1,828,680 | +€574,692 | +45.8% |
| Cash at bank and in hand | 54/58 | €136,139 | €126,960 | -€9,179 | -6.7% |
| Deferred charges and accrued income | 490/1 | €1,676 | €1,740 | +€64 | +3.8% |
| Total equity and liabilities | 10/49 | €1,521,213 | €2,084,217 | +€563,004 | +37.0% |
| Equity | 10/15 | €1,441,656 | €1,956,015 | +€514,359 | +35.7% |
| Reserves | 13 | €1,441,656 | €1,956,015 | +€514,359 | +35.7% |
| Distributable reserves | 133 | €1,441,656 | €1,956,015 | +€514,359 | +35.7% |
| Amounts payable | 17/49 | €79,557 | €128,202 | +€48,645 | +61.1% |
| Amounts payable within one year | 42/48 | €79,557 | €128,202 | +€48,645 | +61.1% |
| Trade debts | 44 | €1,654 | €2,281 | +€627 | +37.9% |
| Suppliers | 440/4 | €1,654 | €2,281 | +€627 | +37.9% |
| Taxes, remuneration and social security | 45 | €77,903 | €125,922 | +€48,019 | +61.6% |
| Taxes | 450/3 | €77,903 | €125,922 | +€48,019 | +61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,417 | - | -€3,417 | |
| Other operating charges | 640/8 | €216 | €294 | +€79 | +36.5% |
| Gross operating margin | 9900 | €717,556 | €714,587 | -€2,969 | -0.4% |
| Operating profit (loss) | 9901 | €713,923 | €714,293 | +€370 | +0.1% |
| Financial income | 75/76B | €55,723 | €49,084 | -€6,638 | -11.9% |
| Recurring financial income | 75 | €55,723 | €49,084 | -€6,638 | -11.9% |
| Financial charges | 65/66B | €2,578 | €4,836 | +€2,259 | +87.6% |
| Recurring financial charges | 65 | €2,578 | €4,836 | +€2,259 | +87.6% |
| Profit (loss) for the period before taxes | 9903 | €767,068 | €758,541 | -€8,527 | -1.1% |
| Income taxes | 67/77 | €231,929 | €233,053 | +€1,125 | +0.5% |
| Profit (loss) for the period | 9904 | €535,139 | €525,488 | -€9,651 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €535,139 | €525,488 | -€9,651 | -1.8% |
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 21 October 2026 via checked.be.