EVOGREEN: 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.
EVOGREEN
Largest movements
- Cash +€76,598
up €76,598 (+35.9%), from €213,491 to €290,089
mainly Net result for the year (+€84,399) and Depreciation (+€64,753)
- Receivables within one year -€61,179
down €61,179 (-35.6%), from €172,010 to €110,831
of which Trade receivables: -€61,340
- Stocks and contracts +€32,568
up €32,568 (+19.9%), from €163,861 to €196,428
- Tangible fixed assets +€27,937
up €27,937 (+3.3%), from €847,012 to €874,949
of which Leasing and similar rights: +€64,398
- Trade debts +€44,463
up €44,463 (+32.6%), from €136,408 to €180,871
- Reserves +€34,000
up €34,000 (+7.0%), from €486,000 to €520,000
- Other debts +€30,876
up €30,876 (+143.4%), from €21,539 to €52,415
- Tax, wage and social debts -€29,483
down €29,483 (-24.1%), from €122,379 to €92,896
of which Taxes: -€34,327
- Other operating charges +€9,041
up €9,041 (+194.1%), from €4,658 to €13,699
- Depreciation -€8,392
down €8,392 (-11.5%), from €73,145 to €64,753
- Write-downs -€6,568
down €6,568 (-74.1%), from €8,858 to €2,290
- Staff costs +€4,909
up €4,909 (+7.0%), from €70,254 to €75,163
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 | €1,403,290 | €1,479,030 | +€75,740 | +5.4% |
| Fixed assets | 21/28 | €851,697 | €877,433 | +€25,736 | +3.0% |
| Intangible fixed assets | 21 | €3,789 | €1,588 | -€2,201 | -58.1% |
| Tangible fixed assets | 22/27 | €847,012 | €874,949 | +€27,937 | +3.3% |
| Land and buildings | 22 | €800,693 | €766,361 | -€34,333 | -4.3% |
| Plant, machinery and equipment | 23 | €228 | €157 | -€71 | -31.1% |
| Furniture and vehicles | 24 | €46,091 | €44,034 | -€2,058 | -4.5% |
| Leasing and similar rights | 25 | - | €64,398 | +€64,398 | |
| Financial fixed assets | 28 | €896 | €896 | = | 0.0% |
| Current assets | 29/58 | €551,593 | €601,597 | +€50,004 | +9.1% |
| Stocks and contracts in progress | 3 | €163,861 | €196,428 | +€32,568 | +19.9% |
| Stocks | 30/36 | €163,861 | €196,428 | +€32,568 | +19.9% |
| Amounts receivable within one year | 40/41 | €172,010 | €110,831 | -€61,179 | -35.6% |
| Trade receivables | 40 | €160,010 | €98,670 | -€61,340 | -38.3% |
| Other amounts receivable | 41 | €12,000 | €12,161 | +€161 | +1.3% |
| Cash at bank and in hand | 54/58 | €213,491 | €290,089 | +€76,598 | +35.9% |
| Deferred charges and accrued income | 490/1 | €2,232 | €4,249 | +€2,016 | +90.3% |
| Total equity and liabilities | 10/49 | €1,403,290 | €1,479,030 | +€75,740 | +5.4% |
| Equity | 10/15 | €546,265 | €580,663 | +€34,399 | +6.3% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €486,000 | €520,000 | +€34,000 | +7.0% |
| Distributable reserves | 133 | €486,000 | €520,000 | +€34,000 | +7.0% |
| Profit (loss) carried forward | 14 | €265 | €663 | +€399 | +150.6% |
| Amounts payable | 17/49 | €857,025 | €898,367 | +€41,341 | +4.8% |
| Amounts payable after more than one year | 17 | €485,439 | €474,295 | -€11,143 | -2.3% |
| Financial debts | 170/4 | €476,439 | €465,295 | -€11,143 | -2.3% |
| Other amounts payable | 178/9 | €9,000 | €9,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €371,587 | €423,970 | +€52,383 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €66,510 | €73,038 | +€6,528 | +9.8% |
| Trade debts | 44 | €136,408 | €180,871 | +€44,463 | +32.6% |
| Suppliers | 440/4 | €136,408 | €180,871 | +€44,463 | +32.6% |
| Advances received on contracts in progress | 46 | €24,750 | €24,750 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €122,379 | €92,896 | -€29,483 | -24.1% |
| Taxes | 450/3 | €116,949 | €82,622 | -€34,327 | -29.4% |
| Remuneration and social security | 454/9 | €5,430 | €10,274 | +€4,844 | +89.2% |
| Other amounts payable | 47/48 | €21,539 | €52,415 | +€30,876 | +143.4% |
| Accrued charges and deferred income | 492/3 | €0 | €101 | +€101 | |
| Remuneration, social security and pensions | 62 | €70,254 | €75,163 | +€4,909 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,145 | €64,753 | -€8,392 | -11.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,858 | €2,290 | -€6,568 | -74.1% |
| Other operating charges | 640/8 | €4,658 | €13,699 | +€9,041 | +194.1% |
| Gross operating margin | 9900 | €263,162 | €262,437 | -€725 | -0.3% |
| Operating profit (loss) | 9901 | €106,248 | €106,532 | +€284 | +0.3% |
| Financial income | 75/76B | €6,926 | €4,339 | -€2,587 | -37.3% |
| Recurring financial income | 75 | €6,926 | €4,339 | -€2,587 | -37.3% |
| Financial charges | 65/66B | €5,472 | €6,653 | +€1,180 | +21.6% |
| Recurring financial charges | 65 | €5,472 | €6,653 | +€1,180 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | €107,701 | €104,218 | -€3,483 | -3.2% |
| Income taxes | 67/77 | €19,401 | €19,820 | +€418 | +2.2% |
| Profit (loss) for the period | 9904 | €88,300 | €84,399 | -€3,901 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €88,300 | €84,399 | -€3,901 | -4.4% |
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 7 October 2026 via checked.be.