EVS - PROJECTS: 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.
EVS - PROJECTS
Largest movements
- Deferred charges and accrued income -€18,468
down €18,468 (-100.0%), from €18,470 to €2
- Cash +€10,285
up €10,285 (+101%), from €10,154 to €20,439
mainly Deferred charges and accrued income (+€18,468) and Net result for the year (+€16,167)
- Tangible fixed assets -€4,552
down €4,552 (-15.5%), from €29,417 to €24,865
of which Land and buildings: -€2,859
- Receivables within one year -€1,165
down €1,165 (-5.4%), from €21,775 to €20,610
of which Trade receivables: -€10,991
- Debts after one year -€15,155
down €15,155 (-64.2%), from €23,598 to €8,444
- Reserves +€15,000
up €15,000 (+102%), from €14,659 to €29,659
- Other debts -€11,248
no longer reported in 2025 (was €11,248)
- Tax, wage and social debts -€6,439
down €6,439 (-56.0%), from €11,490 to €5,051
of which Taxes: -€3,823
- Short-term financial debts +€3,329
new in 2025: €3,329
- Gross operating margin +€42,482
up €42,482 (+182%), from €23,327 to €65,809
- Staff costs +€29,183
up €29,183 (+1,963%), from €1,487 to €30,670
- Taxes +€7,992
up €7,992 (+299%), from €2,672 to €10,663
- Financial charges -€2,481
down €2,481 (-35.0%), from €7,081 to €4,600
- Financial income +€1,582
up €1,582 (+229%), from €691 to €2,273
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 | €80,887 | €66,986 | -€13,901 | -17.2% |
| Fixed assets | 21/28 | €30,487 | €25,935 | -€4,552 | -14.9% |
| Tangible fixed assets | 22/27 | €29,417 | €24,865 | -€4,552 | -15.5% |
| Land and buildings | 22 | €24,276 | €21,417 | -€2,859 | -11.8% |
| Plant, machinery and equipment | 23 | €2,292 | €1,618 | -€674 | -29.4% |
| Furniture and vehicles | 24 | €2,850 | €1,830 | -€1,020 | -35.8% |
| Financial fixed assets | 28 | €1,070 | €1,070 | = | 0.0% |
| Current assets | 29/58 | €50,400 | €41,051 | -€9,348 | -18.5% |
| Amounts receivable within one year | 40/41 | €21,775 | €20,610 | -€1,165 | -5.4% |
| Trade receivables | 40 | €19,267 | €8,276 | -€10,991 | -57.0% |
| Other amounts receivable | 41 | €2,508 | €12,333 | +€9,825 | +392% |
| Cash at bank and in hand | 54/58 | €10,154 | €20,439 | +€10,285 | +101% |
| Deferred charges and accrued income | 490/1 | €18,470 | €2 | -€18,468 | -100.0% |
| Total equity and liabilities | 10/49 | €80,887 | €66,986 | -€13,901 | -17.2% |
| Equity | 10/15 | €26,001 | €42,168 | +€16,167 | +62.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €14,659 | €29,659 | +€15,000 | +102% |
| Distributable reserves | 133 | €14,659 | €29,659 | +€15,000 | +102% |
| Profit (loss) carried forward | 14 | €4,342 | €5,509 | +€1,167 | +26.9% |
| Amounts payable | 17/49 | €54,886 | €24,818 | -€30,068 | -54.8% |
| Amounts payable after more than one year | 17 | €23,598 | €8,444 | -€15,155 | -64.2% |
| Financial debts | 170/4 | €23,598 | €8,444 | -€15,155 | -64.2% |
| Amounts payable within one year | 42/48 | €30,311 | €16,374 | -€13,937 | -46.0% |
| Current portion of amounts payable after more than one year | 42 | €4,805 | €5,155 | +€350 | +7.3% |
| Financial debts | 43 | - | €3,329 | +€3,329 | |
| Credit institutions | 430/8 | - | €3,329 | +€3,329 | |
| Trade debts | 44 | €1,269 | €2,840 | +€1,571 | +124% |
| Suppliers | 440/4 | €1,269 | €2,840 | +€1,571 | +124% |
| Advances received on contracts in progress | 46 | €1,500 | - | -€1,500 | |
| Taxes, remuneration and social security | 45 | €11,490 | €5,051 | -€6,439 | -56.0% |
| Taxes | 450/3 | €8,290 | €4,467 | -€3,823 | -46.1% |
| Remuneration and social security | 454/9 | €3,200 | €584 | -€2,616 | -81.7% |
| Other amounts payable | 47/48 | €11,248 | - | -€11,248 | |
| Accrued charges and deferred income | 492/3 | €976 | - | -€976 | |
| Remuneration, social security and pensions | 62 | €1,487 | €30,670 | +€29,183 | +1,963% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,630 | €4,552 | -€1,077 | -19.1% |
| Other operating charges | 640/8 | €2,014 | €1,430 | -€584 | -29.0% |
| Non-recurring operating charges | 66A | €797 | - | -€797 | |
| Gross operating margin | 9900 | €23,327 | €65,809 | +€42,482 | +182% |
| Operating profit (loss) | 9901 | €13,399 | €29,157 | +€15,757 | +118% |
| Financial income | 75/76B | €691 | €2,273 | +€1,582 | +229% |
| Recurring financial income | 75 | €691 | €2,273 | +€1,582 | +229% |
| Financial charges | 65/66B | €7,081 | €4,600 | -€2,481 | -35.0% |
| Recurring financial charges | 65 | €7,081 | €4,600 | -€2,481 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €7,010 | €26,830 | +€19,820 | +283% |
| Income taxes | 67/77 | €2,672 | €10,663 | +€7,992 | +299% |
| Profit (loss) for the period | 9904 | €4,338 | €16,167 | +€11,829 | +273% |
| Profit (loss) for the period to be appropriated | 9905 | €4,338 | €16,167 | +€11,829 | +273% |
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 13 October 2026 via checked.be.