EVOLUTIONWAVE: 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.
EVOLUTIONWAVE
Largest movements
- Cash +€41,806
up €41,806 (+443.3%), from €9,432 to €51,238
mainly Net result for the year (+€45,278) and Depreciation (+€33,940)
- Tangible fixed assets -€27,997
down €27,997 (-4.7%), from €600,787 to €572,790
of which Land and buildings: -€24,295
- Stocks and contracts +€9,674
up €9,674 (+67.7%), from €14,300 to €23,974
- Profit (loss) carried forward +€45,278
up €45,278 (+44.2%), from -€102,428 to -€57,151
- Debts after one year -€22,650
down €22,650 (-4.1%), from €552,649 to €530,000
- Other debts -€17,041
down €17,041 (-33.9%), from €50,252 to €33,211
- Tax, wage and social debts +€11,432
up €11,432 (+43.4%), from €26,324 to €37,755
of which Taxes: +€9,679
- Gross operating margin +€88,060
up €88,060 (+59.0%), from €149,351 to €237,410
- Staff costs +€20,850
up €20,850 (+20.3%), from €102,673 to €123,523
- Other operating charges +€8,638
up €8,638 (+164.2%), from €5,260 to €13,898
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €638,014 | €657,884 | +€19,871 | +3.1% |
| Fixed assets | 21/28 | €602,287 | €574,040 | -€28,247 | -4.7% |
| Tangible fixed assets | 22/27 | €600,787 | €572,790 | -€27,997 | -4.7% |
| Land and buildings | 22 | €592,463 | €568,168 | -€24,295 | -4.1% |
| Plant, machinery and equipment | 23 | €3,975 | €2,032 | -€1,942 | -48.9% |
| Furniture and vehicles | 24 | €4,349 | €2,589 | -€1,760 | -40.5% |
| Financial fixed assets | 28 | €1,500 | €1,250 | -€250 | -16.7% |
| Current assets | 29/58 | €35,726 | €83,844 | +€48,118 | +134.7% |
| Stocks and contracts in progress | 3 | €14,300 | €23,974 | +€9,674 | +67.7% |
| Stocks | 30/36 | €14,300 | €23,974 | +€9,674 | +67.7% |
| Amounts receivable within one year | 40/41 | €11,994 | €8,632 | -€3,362 | -28.0% |
| Trade receivables | 40 | €11,991 | €8,628 | -€3,362 | -28.0% |
| Other amounts receivable | 41 | €4 | €4 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,432 | €51,238 | +€41,806 | +443.3% |
| Total equity and liabilities | 10/49 | €638,014 | €657,884 | +€19,871 | +3.1% |
| Equity | 10/15 | -€56,586 | -€11,308 | +€45,278 | +80.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €27,293 | €27,293 | = | 0.0% |
| Distributable reserves | 133 | €27,293 | €27,293 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,428 | -€57,151 | +€45,278 | +44.2% |
| Amounts payable | 17/49 | €694,599 | €669,192 | -€25,407 | -3.7% |
| Amounts payable after more than one year | 17 | €552,649 | €530,000 | -€22,650 | -4.1% |
| Financial debts | 170/4 | €552,649 | €530,000 | -€22,650 | -4.1% |
| Amounts payable within one year | 42/48 | €141,950 | €139,192 | -€2,757 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €24,017 | €22,650 | -€1,367 | -5.7% |
| Trade debts | 44 | €41,358 | €45,577 | +€4,219 | +10.2% |
| Suppliers | 440/4 | €41,358 | €45,577 | +€4,219 | +10.2% |
| Taxes, remuneration and social security | 45 | €26,324 | €37,755 | +€11,432 | +43.4% |
| Taxes | 450/3 | €12,578 | €22,257 | +€9,679 | +76.9% |
| Remuneration and social security | 454/9 | €13,745 | €15,498 | +€1,753 | +12.8% |
| Other amounts payable | 47/48 | €50,252 | €33,211 | -€17,041 | -33.9% |
| Remuneration, social security and pensions | 62 | €102,673 | €123,523 | +€20,850 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,933 | €33,940 | -€992 | -2.8% |
| Other operating charges | 640/8 | €5,260 | €13,898 | +€8,638 | +164.2% |
| Gross operating margin | 9900 | €149,351 | €237,410 | +€88,060 | +59.0% |
| Operating profit (loss) | 9901 | €6,486 | €66,050 | +€59,564 | +918.3% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €22,853 | €20,772 | -€2,081 | -9.1% |
| Recurring financial charges | 65 | €22,853 | €20,772 | -€2,081 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,355 | €45,278 | +€61,633 | |
| Profit (loss) for the period | 9904 | -€16,355 | €45,278 | +€61,633 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,355 | €45,278 | +€61,633 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.