EVX: 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.
EVX
Largest movements
- Cash -€601,005
down €601,005 (-46.2%), from €1.3m to €700,577
mainly Trade debts (-€585,667) and Investment in fixed assets (net) (-€48,777)
- Receivables within one year +€37,057
up €37,057 (+37.5%), from €98,773 to €135,830
of which Trade receivables: +€71,350
- Trade debts -€585,667
down €585,667 (-45.7%), from €1.3m to €696,848
- Profit (loss) carried forward +€59,479
up €59,479 (+130.0%), from €45,754 to €105,233
- Current portion of long-term debt -€45,333
down €45,333 (-21.1%), from €215,333 to €170,000
- Gross operating margin +€43,689
up €43,689 (+47.6%), from €91,689 to €135,379
- Depreciation +€7,275
up €7,275 (+12.0%), from €60,763 to €68,038
- Financial charges -€4,001
down €4,001 (-28.7%), from €13,944 to €9,943
- Taxes -€1,774
no longer reported in 2025 (was €1,774)
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 | €1,932,220 | €1,349,085 | -€583,136 | -30.2% |
| Fixed assets | 21/28 | €529,116 | €509,855 | -€19,262 | -3.6% |
| Tangible fixed assets | 22/27 | €529,116 | €509,855 | -€19,262 | -3.6% |
| Land and buildings | 22 | €509,958 | €451,956 | -€58,002 | -11.4% |
| Plant, machinery and equipment | 23 | €19,158 | €57,899 | +€38,741 | +202.2% |
| Current assets | 29/58 | €1,403,104 | €839,230 | -€563,874 | -40.2% |
| Amounts receivable within one year | 40/41 | €98,773 | €135,830 | +€37,057 | +37.5% |
| Trade receivables | 40 | €51,036 | €122,385 | +€71,350 | +139.8% |
| Other amounts receivable | 41 | €47,737 | €13,445 | -€34,293 | -71.8% |
| Cash at bank and in hand | 54/58 | €1,301,582 | €700,577 | -€601,005 | -46.2% |
| Deferred charges and accrued income | 490/1 | €2,749 | €2,823 | +€74 | +2.7% |
| Total equity and liabilities | 10/49 | €1,932,220 | €1,349,085 | -€583,136 | -30.2% |
| Equity | 10/15 | €313,237 | €362,875 | +€49,639 | +15.8% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €28,919 | €28,919 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,178 | - | -€11,178 | |
| Reserves not available under the articles | 1311 | €11,178 | - | -€11,178 | |
| Distributable reserves | 133 | €17,741 | €28,919 | +€11,178 | +63.0% |
| Profit (loss) carried forward | 14 | €45,754 | €105,233 | +€59,479 | +130.0% |
| Investment grants | 15 | €88,564 | €78,723 | -€9,840 | -11.1% |
| Amounts payable | 17/49 | €1,618,984 | €986,210 | -€632,774 | -39.1% |
| Amounts payable within one year | 42/48 | €1,618,984 | €986,210 | -€632,774 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €215,333 | €170,000 | -€45,333 | -21.1% |
| Trade debts | 44 | €1,282,515 | €696,848 | -€585,667 | -45.7% |
| Suppliers | 440/4 | €1,282,515 | €696,848 | -€585,667 | -45.7% |
| Taxes, remuneration and social security | 45 | €1,774 | - | -€1,774 | |
| Taxes | 450/3 | €1,774 | - | -€1,774 | |
| Other amounts payable | 47/48 | €119,362 | €119,362 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,763 | €68,038 | +€7,275 | +12.0% |
| Other operating charges | 640/8 | €7,312 | €7,759 | +€446 | +6.1% |
| Gross operating margin | 9900 | €91,689 | €135,379 | +€43,689 | +47.6% |
| Operating profit (loss) | 9901 | €23,614 | €59,582 | +€35,967 | +152.3% |
| Financial income | 75/76B | €9,845 | €9,841 | -€4 | 0.0% |
| Recurring financial income | 75 | €9,845 | €9,841 | -€4 | 0.0% |
| Financial charges | 65/66B | €13,944 | €9,943 | -€4,001 | -28.7% |
| Recurring financial charges | 65 | €13,944 | €9,943 | -€4,001 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €19,515 | €59,479 | +€39,964 | +204.8% |
| Income taxes | 67/77 | €1,774 | - | -€1,774 | |
| Profit (loss) for the period | 9904 | €17,741 | €59,479 | +€41,738 | +235.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,741 | €59,479 | +€41,738 | +235.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.