Evolvement Belgium: 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.
Evolvement Belgium
Largest movements
- Receivables within one year +€10,271
up €10,271 (+13.5%), from €75,970 to €86,241
of which Other amounts receivable: +€19,554
- Receivables after one year -€8,000
down €8,000 (-3.3%), from €240,000 to €232,000
- Tax, wage and social debts -€6,906
down €6,906 (-24.9%), from €27,687 to €20,780
of which Taxes: -€11,271
- Reserves +€6,878
up €6,878 (+2.8%), from €248,261 to €255,138
- Short-term financial debts -€3,212
down €3,212 (-64.3%), from €4,995 to €1,783
- Staff costs +€15,400
new in 2025: €15,400
- Gross operating margin -€8,864
down €8,864 (-31.4%), from €28,270 to €19,406
- Taxes -€6,864
down €6,864 (-59.7%), from €11,505 to €4,641
- Depreciation -€2,469
down €2,469 (-48.7%), from €5,074 to €2,605
- Financial income +€1,578
up €1,578 (+15.2%), from €10,393 to €11,971
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €320,603 | €319,138 | -€1,465 | -0.5% |
| Fixed assets | 21/28 | €4,634 | €844 | -€3,789 | -81.8% |
| Tangible fixed assets | 22/27 | €3,134 | €344 | -€2,789 | -89.0% |
| Land and buildings | 22 | €184 | - | -€184 | |
| Furniture and vehicles | 24 | €2,949 | €344 | -€2,605 | -88.3% |
| Financial fixed assets | 28 | €1,500 | €500 | -€1,000 | -66.7% |
| Current assets | 29/58 | €315,970 | €318,294 | +€2,325 | +0.7% |
| Amounts receivable after more than one year | 29 | €240,000 | €232,000 | -€8,000 | -3.3% |
| Other amounts receivable | 291 | €240,000 | €232,000 | -€8,000 | -3.3% |
| Amounts receivable within one year | 40/41 | €75,970 | €86,241 | +€10,271 | +13.5% |
| Trade receivables | 40 | €29,323 | €20,039 | -€9,284 | -31.7% |
| Other amounts receivable | 41 | €46,647 | €66,201 | +€19,554 | +41.9% |
| Deferred charges and accrued income | 490/1 | - | €54 | +€54 | |
| Total equity and liabilities | 10/49 | €320,603 | €319,138 | -€1,465 | -0.5% |
| Equity | 10/15 | €267,261 | €274,138 | +€6,878 | +2.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €248,261 | €255,138 | +€6,878 | +2.8% |
| Distributable reserves | 133 | €248,261 | €255,138 | +€6,878 | +2.8% |
| Amounts payable | 17/49 | €53,343 | €45,000 | -€8,343 | -15.6% |
| Amounts payable within one year | 42/48 | €53,343 | €45,000 | -€8,343 | -15.6% |
| Financial debts | 43 | €4,995 | €1,783 | -€3,212 | -64.3% |
| Credit institutions | 430/8 | €4,995 | €1,783 | -€3,212 | -64.3% |
| Trade debts | 44 | €20,661 | €22,437 | +€1,776 | +8.6% |
| Suppliers | 440/4 | €20,661 | €22,437 | +€1,776 | +8.6% |
| Taxes, remuneration and social security | 45 | €27,687 | €20,780 | -€6,906 | -24.9% |
| Taxes | 450/3 | €27,687 | €16,415 | -€11,271 | -40.7% |
| Remuneration and social security | 454/9 | - | €4,365 | +€4,365 | |
| Remuneration, social security and pensions | 62 | - | €15,400 | +€15,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,074 | €2,605 | -€2,469 | -48.7% |
| Other operating charges | 640/8 | €76 | €184 | +€108 | +142% |
| Gross operating margin | 9900 | €28,270 | €19,406 | -€8,864 | -31.4% |
| Operating profit (loss) | 9901 | €23,119 | €1,216 | -€21,903 | -94.7% |
| Financial income | 75/76B | €10,393 | €11,971 | +€1,578 | +15.2% |
| Recurring financial income | 75 | €10,393 | €11,971 | +€1,578 | +15.2% |
| Financial charges | 65/66B | €2,711 | €1,668 | -€1,042 | -38.5% |
| Recurring financial charges | 65 | €2,711 | €1,668 | -€1,042 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €30,802 | €11,519 | -€19,284 | -62.6% |
| Income taxes | 67/77 | €11,505 | €4,641 | -€6,864 | -59.7% |
| Profit (loss) for the period | 9904 | €19,297 | €6,878 | -€12,420 | -64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,297 | €6,878 | -€12,420 | -64.4% |
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 19 October 2026 via checked.be.