EVUM: 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.
EVUM
Largest movements
- Cash -€41,544
down €41,544 (-48.8%), from €85,210 to €43,666
mainly Tax, wage and social debts (-€28,858) and Debts after one year (-€24,616)
- Tangible fixed assets -€39,534
down €39,534 (-7.6%), from €520,252 to €480,718
of which Land and buildings: -€22,075
- Stocks and contracts -€21,813
down €21,813 (-30.2%), from €72,186 to €50,372
- Tax, wage and social debts -€28,858
down €28,858 (-60.9%), from €47,366 to €18,509
of which Taxes: -€22,564
- Debts after one year -€24,616
down €24,616 (-6.4%), from €386,024 to €361,408
- Profit (loss) carried forward -€22,356
down €22,356 (-58.4%), from €38,275 to €15,919
- Trade debts -€8,899
down €8,899 (-66.8%), from €13,325 to €4,426
- Gross operating margin -€100,845
down €100,845 (-74.2%), from €135,959 to €35,114
- Taxes -€22,557
down €22,557 (-99.2%), from €22,736 to €179
- Depreciation +€1,891
up €1,891 (+4.9%), from €38,442 to €40,333
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 | €784,342 | €687,806 | -€96,537 | -12.3% |
| Fixed assets | 21/28 | €520,252 | €480,718 | -€39,534 | -7.6% |
| Tangible fixed assets | 22/27 | €520,252 | €480,718 | -€39,534 | -7.6% |
| Land and buildings | 22 | €482,688 | €460,613 | -€22,075 | -4.6% |
| Plant, machinery and equipment | 23 | €14,920 | €10,300 | -€4,620 | -31.0% |
| Furniture and vehicles | 24 | €22,644 | €9,805 | -€12,839 | -56.7% |
| Current assets | 29/58 | €264,090 | €207,088 | -€57,002 | -21.6% |
| Stocks and contracts in progress | 3 | €72,186 | €50,372 | -€21,813 | -30.2% |
| Stocks | 30/36 | €72,186 | €50,372 | -€21,813 | -30.2% |
| Amounts receivable within one year | 40/41 | €101,363 | €107,025 | +€5,661 | +5.6% |
| Trade receivables | 40 | €91,215 | €87,590 | -€3,625 | -4.0% |
| Other amounts receivable | 41 | €10,148 | €19,434 | +€9,286 | +91.5% |
| Cash at bank and in hand | 54/58 | €85,210 | €43,666 | -€41,544 | -48.8% |
| Deferred charges and accrued income | 490/1 | €5,331 | €6,025 | +€694 | +13.0% |
| Total equity and liabilities | 10/49 | €784,342 | €687,806 | -€96,537 | -12.3% |
| Equity | 10/15 | €220,623 | €198,268 | -€22,356 | -10.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €163,799 | €163,799 | = | 0.0% |
| Distributable reserves | 133 | €163,799 | €163,799 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,275 | €15,919 | -€22,356 | -58.4% |
| Amounts payable | 17/49 | €563,719 | €489,538 | -€74,181 | -13.2% |
| Amounts payable after more than one year | 17 | €386,024 | €361,408 | -€24,616 | -6.4% |
| Financial debts | 170/4 | €386,024 | €361,408 | -€24,616 | -6.4% |
| Amounts payable within one year | 42/48 | €177,593 | €128,130 | -€49,463 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €33,629 | €27,673 | -€5,956 | -17.7% |
| Trade debts | 44 | €13,325 | €4,426 | -€8,899 | -66.8% |
| Suppliers | 440/4 | €13,325 | €4,426 | -€8,899 | -66.8% |
| Taxes, remuneration and social security | 45 | €47,366 | €18,509 | -€28,858 | -60.9% |
| Taxes | 450/3 | €34,005 | €11,440 | -€22,564 | -66.4% |
| Remuneration and social security | 454/9 | €13,362 | €7,068 | -€6,293 | -47.1% |
| Other amounts payable | 47/48 | €83,272 | €77,522 | -€5,751 | -6.9% |
| Accrued charges and deferred income | 492/3 | €102 | - | -€102 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,442 | €40,333 | +€1,891 | +4.9% |
| Other operating charges | 640/8 | €5,027 | €4,481 | -€546 | -10.9% |
| Gross operating margin | 9900 | €135,959 | €35,114 | -€100,845 | -74.2% |
| Operating profit (loss) | 9901 | €92,490 | -€9,701 | -€102,191 | |
| Financial income | 75/76B | €1,831 | €2,321 | +€490 | +26.8% |
| Recurring financial income | 75 | €1,831 | €2,321 | +€490 | +26.8% |
| Financial charges | 65/66B | €14,208 | €14,797 | +€589 | +4.1% |
| Recurring financial charges | 65 | €14,208 | €14,797 | +€589 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €80,113 | -€22,177 | -€102,289 | |
| Income taxes | 67/77 | €22,736 | €179 | -€22,557 | -99.2% |
| Profit (loss) for the period | 9904 | €57,377 | -€22,356 | -€79,732 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,377 | -€22,356 | -€79,732 |
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 5 October 2026 via checked.be.