EWANGO: 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.
EWANGO
Largest movements
- Cash +€81,134
up €81,134 (+38.6%), from €209,985 to €291,118
mainly Other debts (+€149,347) and Net result for the year (+€42,090)
- Receivables within one year -€12,878
down €12,878 (-41.9%), from €30,698 to €17,820
of which Trade receivables: -€15,938
- Tangible fixed assets -€9,504
down €9,504 (-42.6%), from €22,287 to €12,784
of which Furniture and vehicles: -€8,430
- Other debts +€149,347
up €149,347 (+122.9%), from €121,482 to €270,829
- Profit (loss) carried forward -€87,201
no longer reported in 2025 (was €87,201)
- Current portion of long-term debt -€4,479
no longer reported in 2025 (was €4,479)
- Financial charges +€41,014
up €41,014 (+16973.3%), from €242 to €41,256
- Provisions -€37,000
down €37,000 (-100.0%), from €37,000 to €0
- Gross operating margin +€25,714
up €25,714 (+32.7%), from €78,571 to €104,285
- Taxes -€3,350
down €3,350 (-23.2%), from €14,468 to €11,118
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 | €263,482 | €323,726 | +€60,244 | +22.9% |
| Fixed assets | 21/28 | €22,287 | €12,784 | -€9,504 | -42.6% |
| Tangible fixed assets | 22/27 | €22,287 | €12,784 | -€9,504 | -42.6% |
| Land and buildings | 22 | €8,010 | €6,937 | -€1,073 | -13.4% |
| Furniture and vehicles | 24 | €14,277 | €5,846 | -€8,430 | -59.0% |
| Current assets | 29/58 | €241,195 | €310,942 | +€69,748 | +28.9% |
| Amounts receivable within one year | 40/41 | €30,698 | €17,820 | -€12,878 | -41.9% |
| Trade receivables | 40 | €30,698 | €14,760 | -€15,938 | -51.9% |
| Other amounts receivable | 41 | - | €3,060 | +€3,060 | |
| Cash at bank and in hand | 54/58 | €209,985 | €291,118 | +€81,134 | +38.6% |
| Deferred charges and accrued income | 490/1 | €512 | €2,004 | +€1,492 | +291.1% |
| Total equity and liabilities | 10/49 | €263,482 | €323,726 | +€60,244 | +22.9% |
| Equity | 10/15 | €89,201 | €2,000 | -€87,201 | -97.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,201 | - | -€87,201 | |
| Provisions and deferred taxes | 16 | €37,000 | €37,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €37,000 | €37,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €37,000 | €37,000 | = | 0.0% |
| Amounts payable | 17/49 | €137,281 | €284,726 | +€147,445 | +107.4% |
| Amounts payable within one year | 42/48 | €137,281 | €283,757 | +€146,476 | +106.7% |
| Current portion of amounts payable after more than one year | 42 | €4,479 | - | -€4,479 | |
| Trade debts | 44 | €4,036 | €3,509 | -€527 | -13.1% |
| Suppliers | 440/4 | €4,036 | €3,509 | -€527 | -13.1% |
| Taxes, remuneration and social security | 45 | €7,284 | €9,419 | +€2,135 | +29.3% |
| Taxes | 450/3 | €5,300 | €7,435 | +€2,135 | +40.3% |
| Remuneration and social security | 454/9 | €1,984 | €1,984 | = | 0.0% |
| Other amounts payable | 47/48 | €121,482 | €270,829 | +€149,347 | +122.9% |
| Accrued charges and deferred income | 492/3 | - | €969 | +€969 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,717 | €9,504 | -€213 | -2.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €37,000 | €0 | -€37,000 | -100.0% |
| Other operating charges | 640/8 | €500 | €910 | +€411 | +82.2% |
| Gross operating margin | 9900 | €78,571 | €104,285 | +€25,714 | +32.7% |
| Operating profit (loss) | 9901 | €31,355 | €93,871 | +€62,516 | +199.4% |
| Financial income | 75/76B | €1,505 | €593 | -€912 | -60.6% |
| Recurring financial income | 75 | €1,505 | €593 | -€912 | -60.6% |
| Financial charges | 65/66B | €242 | €41,256 | +€41,014 | +16973.3% |
| Recurring financial charges | 65 | €242 | €41,256 | +€41,014 | +16973.3% |
| Profit (loss) for the period before taxes | 9903 | €32,618 | €53,208 | +€20,590 | +63.1% |
| Income taxes | 67/77 | €14,468 | €11,118 | -€3,350 | -23.2% |
| Profit (loss) for the period | 9904 | €18,150 | €42,090 | +€23,940 | +131.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,150 | €42,090 | +€23,940 | +131.9% |
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 3 October 2026 via checked.be.