EVOLUO: 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.
EVOLUO
Largest movements
- Receivables within one year -€55,143
down €55,143 (-53.2%), from €103,654 to €48,511
of which Trade receivables: -€64,836
- Tangible fixed assets +€11,629
up €11,629 (+9.1%), from €127,707 to €139,336
of which Furniture and vehicles: +€25,820
- Short-term financial debts -€31,694
down €31,694 (-65.8%), from €48,161 to €16,467
- Trade debts -€25,780
down €25,780 (-56.8%), from €45,410 to €19,630
- Debts after one year +€11,143
up €11,143 (+45.7%), from €24,361 to €35,504
- Tax, wage and social debts -€8,761
down €8,761 (-32.6%), from €26,841 to €18,080
of which Taxes: -€9,663
- Reserves +€8,000
up €8,000 (+12.9%), from €62,124 to €70,124
- Turnover -€352,961
no longer reported in 2025 (was €352,961)
- Purchases and services -€269,062
no longer reported in 2025 (was €269,062)
- Gross operating margin -€12,873
down €12,873 (-10.5%), from €122,382 to €109,509
- Depreciation -€9,303
down €9,303 (-34.6%), from €26,889 to €17,586
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 | €242,617 | €201,697 | -€40,919 | -16.9% |
| Fixed assets | 21/28 | €130,257 | €141,886 | +€11,629 | +8.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €127,707 | €139,336 | +€11,629 | +9.1% |
| Land and buildings | 22 | €102,197 | €92,253 | -€9,944 | -9.7% |
| Furniture and vehicles | 24 | €12,395 | €38,215 | +€25,820 | +208.3% |
| Leasing and similar rights | 25 | €1,747 | - | -€1,747 | |
| Other tangible fixed assets | 26 | €11,368 | €8,868 | -€2,500 | -22.0% |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €112,360 | €59,812 | -€52,548 | -46.8% |
| Amounts receivable after more than one year | 29 | €2,468 | €3,643 | +€1,175 | +47.6% |
| Trade receivables | 290 | €2,468 | €3,643 | +€1,175 | +47.6% |
| Amounts receivable within one year | 40/41 | €103,654 | €48,511 | -€55,143 | -53.2% |
| Trade receivables | 40 | €103,264 | €38,427 | -€64,836 | -62.8% |
| Other amounts receivable | 41 | €391 | €10,084 | +€9,693 | +2481.9% |
| Cash at bank and in hand | 54/58 | €1,443 | €1,487 | +€44 | +3.0% |
| Deferred charges and accrued income | 490/1 | €4,795 | €6,172 | +€1,376 | +28.7% |
| Total equity and liabilities | 10/49 | €242,617 | €201,697 | -€40,919 | -16.9% |
| Equity | 10/15 | €83,478 | €92,248 | +€8,769 | +10.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €62,124 | €70,124 | +€8,000 | +12.9% |
| Distributable reserves | 133 | €62,124 | €70,124 | +€8,000 | +12.9% |
| Profit (loss) carried forward | 14 | €2,755 | €3,524 | +€769 | +27.9% |
| Amounts payable | 17/49 | €159,138 | €109,450 | -€49,688 | -31.2% |
| Amounts payable after more than one year | 17 | €24,361 | €35,504 | +€11,143 | +45.7% |
| Financial debts | 170/4 | €24,361 | €35,504 | +€11,143 | +45.7% |
| Amounts payable within one year | 42/48 | €133,890 | €73,370 | -€60,519 | -45.2% |
| Current portion of amounts payable after more than one year | 42 | €13,478 | €19,194 | +€5,716 | +42.4% |
| Financial debts | 43 | €48,161 | €16,467 | -€31,694 | -65.8% |
| Credit institutions | 430/8 | €48,161 | €16,467 | -€31,694 | -65.8% |
| Trade debts | 44 | €45,410 | €19,630 | -€25,780 | -56.8% |
| Suppliers | 440/4 | €45,410 | €19,630 | -€25,780 | -56.8% |
| Taxes, remuneration and social security | 45 | €26,841 | €18,080 | -€8,761 | -32.6% |
| Taxes | 450/3 | €15,236 | €5,573 | -€9,663 | -63.4% |
| Remuneration and social security | 454/9 | €11,605 | €12,507 | +€903 | +7.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €887 | €575 | -€313 | -35.2% |
| Turnover | 70 | €352,961 | - | -€352,961 | |
| Goods, raw materials, services and sundry goods | 60/61 | €269,062 | - | -€269,062 | |
| Remuneration, social security and pensions | 62 | €59,045 | €60,143 | +€1,099 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,889 | €17,586 | -€9,303 | -34.6% |
| Other operating charges | 640/8 | €10,821 | €9,605 | -€1,215 | -11.2% |
| Non-recurring operating charges | 66A | - | €3,335 | +€3,335 | |
| Gross operating margin | 9900 | €122,382 | €109,509 | -€12,873 | -10.5% |
| Operating profit (loss) | 9901 | €25,627 | €18,839 | -€6,789 | -26.5% |
| Financial income | 75/76B | - | €132 | +€132 | |
| Recurring financial income | 75 | - | €132 | +€132 | |
| Financial charges | 65/66B | €4,719 | €4,162 | -€556 | -11.8% |
| Recurring financial charges | 65 | €4,719 | €4,162 | -€556 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €20,909 | €14,808 | -€6,101 | -29.2% |
| Income taxes | 67/77 | €9,064 | €6,038 | -€3,026 | -33.4% |
| Profit (loss) for the period | 9904 | €11,844 | €8,769 | -€3,075 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,844 | €8,769 | -€3,075 | -26.0% |
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 12 October 2026 via checked.be.