Evy Vos: 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.
Evy Vos
Largest movements
- Intangible fixed assets -€96,000
down €96,000 (-13.4%), from €716,884 to €620,884
- Tangible fixed assets -€35,598
down €35,598 (-29.2%), from €121,801 to €86,203
of which Furniture and vehicles: -€32,977
- Cash -€34,849
down €34,849 (-13.3%), from €262,317 to €227,468
mainly Contributions, distributions and other (-€125,000) and Other debts (-€122,895)
- Receivables within one year -€13,038
down €13,038 (-49.1%), from €26,536 to €13,498
- Other debts -€122,895
down €122,895 (-96.1%), from €127,908 to €5,012
- Profit (loss) carried forward +€93,879
up €93,879 (+61.6%), from €152,463 to €246,341
- Debts after one year -€92,216
down €92,216 (-12.5%), from €737,492 to €645,277
- Trade debts -€41,276
down €41,276 (-80.6%), from €51,201 to €9,925
- Gross operating margin +€229,317
up €229,317 (+33.1%), from €693,323 to €922,640
- Staff costs +€126,847
up €126,847 (+37.1%), from €341,842 to €468,690
- Depreciation +€28,587
up €28,587 (+26.6%), from €107,420 to €136,007
- Taxes +€22,550
up €22,550 (+43.5%), from €51,808 to €74,358
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 | €1,214,091 | €1,045,394 | -€168,697 | -13.9% |
| Fixed assets | 21/28 | €838,685 | €707,088 | -€131,598 | -15.7% |
| Intangible fixed assets | 21 | €716,884 | €620,884 | -€96,000 | -13.4% |
| Tangible fixed assets | 22/27 | €121,801 | €86,203 | -€35,598 | -29.2% |
| Plant, machinery and equipment | 23 | €14,091 | €11,471 | -€2,620 | -18.6% |
| Furniture and vehicles | 24 | €107,710 | €74,733 | -€32,977 | -30.6% |
| Current assets | 29/58 | €375,406 | €338,306 | -€37,100 | -9.9% |
| Amounts receivable within one year | 40/41 | €26,536 | €13,498 | -€13,038 | -49.1% |
| Other amounts receivable | 41 | €26,536 | €13,498 | -€13,038 | -49.1% |
| Cash at bank and in hand | 54/58 | €262,317 | €227,468 | -€34,849 | -13.3% |
| Deferred charges and accrued income | 490/1 | €86,553 | €97,340 | +€10,787 | +12.5% |
| Total equity and liabilities | 10/49 | €1,214,091 | €1,045,394 | -€168,697 | -13.9% |
| Equity | 10/15 | €172,201 | €266,080 | +€93,879 | +54.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,139 | €1,139 | = | 0.0% |
| Distributable reserves | 133 | €1,139 | €1,139 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,463 | €246,341 | +€93,879 | +61.6% |
| Amounts payable | 17/49 | €1,041,889 | €779,313 | -€262,576 | -25.2% |
| Amounts payable after more than one year | 17 | €737,492 | €645,277 | -€92,216 | -12.5% |
| Financial debts | 170/4 | €737,492 | €645,277 | -€92,216 | -12.5% |
| Amounts payable within one year | 42/48 | €304,397 | €134,037 | -€170,360 | -56.0% |
| Current portion of amounts payable after more than one year | 42 | €94,657 | €92,216 | -€2,441 | -2.6% |
| Trade debts | 44 | €51,201 | €9,925 | -€41,276 | -80.6% |
| Suppliers | 440/4 | €51,201 | €9,925 | -€41,276 | -80.6% |
| Taxes, remuneration and social security | 45 | €30,632 | €26,884 | -€3,748 | -12.2% |
| Taxes | 450/3 | - | €358 | +€358 | |
| Remuneration and social security | 454/9 | €30,632 | €26,526 | -€4,106 | -13.4% |
| Other amounts payable | 47/48 | €127,908 | €5,012 | -€122,895 | -96.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €341,842 | €468,690 | +€126,847 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,420 | €136,007 | +€28,587 | +26.6% |
| Other operating charges | 640/8 | €1,353 | €3,541 | +€2,188 | +162% |
| Gross operating margin | 9900 | €693,323 | €922,640 | +€229,317 | +33.1% |
| Operating profit (loss) | 9901 | €242,709 | €314,403 | +€71,694 | +29.5% |
| Financial charges | 65/66B | €17,175 | €21,166 | +€3,991 | +23.2% |
| Recurring financial charges | 65 | €17,175 | €21,166 | +€3,991 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €225,534 | €293,237 | +€67,703 | +30.0% |
| Income taxes | 67/77 | €51,808 | €74,358 | +€22,550 | +43.5% |
| Profit (loss) for the period | 9904 | €173,726 | €218,879 | +€45,153 | +26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €173,726 | €218,879 | +€45,153 | +26.0% |
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 25 October 2026 via checked.be.