EWVS-Works: 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.
EWVS-Works
Largest movements
- Cash +€43,336
up €43,336 (+46.6%), from €92,900 to €136,236
mainly Net result for the year (+€24,805) and Trade debts (+€11,602)
- Deferred charges and accrued income -€2,464
down €2,464 (-38.1%), from €6,474 to €4,010
- Reserves +€24,805
up €24,805 (+38.3%), from €64,727 to €89,532
- Trade debts +€11,602
up €11,602 (+152%), from €7,630 to €19,232
- Tax, wage and social debts +€2,706
up €2,706 (+16.3%), from €16,592 to €19,298
of which Taxes: +€2,706
- Gross operating margin -€35,369
down €35,369 (-48.5%), from €72,894 to €37,525
- Taxes -€9,580
down €9,580 (-49.3%), from €19,451 to €9,871
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 | €117,121 | €155,594 | +€38,473 | +32.8% |
| Fixed assets | 21/28 | €3,354 | €2,214 | -€1,140 | -34.0% |
| Tangible fixed assets | 22/27 | €3,354 | €2,214 | -€1,140 | -34.0% |
| Plant, machinery and equipment | 23 | €495 | €283 | -€212 | -42.9% |
| Furniture and vehicles | 24 | €2,859 | €1,932 | -€927 | -32.4% |
| Current assets | 29/58 | €113,766 | €153,380 | +€39,613 | +34.8% |
| Stocks and contracts in progress | 3 | €4,796 | €4,306 | -€490 | -10.2% |
| Stocks | 30/36 | €4,796 | €4,306 | -€490 | -10.2% |
| Amounts receivable within one year | 40/41 | €9,596 | €8,828 | -€769 | -8.0% |
| Trade receivables | 40 | €9,565 | €4,667 | -€4,898 | -51.2% |
| Other amounts receivable | 41 | €31 | €4,160 | +€4,129 | +13,252% |
| Cash at bank and in hand | 54/58 | €92,900 | €136,236 | +€43,336 | +46.6% |
| Deferred charges and accrued income | 490/1 | €6,474 | €4,010 | -€2,464 | -38.1% |
| Total equity and liabilities | 10/49 | €117,121 | €155,594 | +€38,473 | +32.8% |
| Equity | 10/15 | €77,127 | €101,932 | +€24,805 | +32.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €64,727 | €89,532 | +€24,805 | +38.3% |
| Distributable reserves | 133 | €64,727 | €89,532 | +€24,805 | +38.3% |
| Amounts payable | 17/49 | €39,994 | €53,662 | +€13,668 | +34.2% |
| Amounts payable within one year | 42/48 | €39,994 | €53,662 | +€13,668 | +34.2% |
| Trade debts | 44 | €7,630 | €19,232 | +€11,602 | +152% |
| Suppliers | 440/4 | €7,630 | €19,232 | +€11,602 | +152% |
| Taxes, remuneration and social security | 45 | €16,592 | €19,298 | +€2,706 | +16.3% |
| Taxes | 450/3 | €14,392 | €17,098 | +€2,706 | +18.8% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €15,772 | €15,132 | -€639 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,059 | €1,658 | -€401 | -19.5% |
| Other operating charges | 640/8 | €504 | €353 | -€151 | -29.9% |
| Gross operating margin | 9900 | €72,894 | €37,525 | -€35,369 | -48.5% |
| Operating profit (loss) | 9901 | €70,331 | €35,515 | -€34,816 | -49.5% |
| Financial income | 75/76B | €5 | €24 | +€20 | +404% |
| Recurring financial income | 75 | €5 | €24 | +€20 | +404% |
| Financial charges | 65/66B | €1,421 | €863 | -€558 | -39.3% |
| Recurring financial charges | 65 | €1,421 | €863 | -€558 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | €68,915 | €34,676 | -€34,239 | -49.7% |
| Income taxes | 67/77 | €19,451 | €9,871 | -€9,580 | -49.3% |
| Profit (loss) for the period | 9904 | €49,464 | €24,805 | -€24,659 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,464 | €24,805 | -€24,659 | -49.9% |
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 20 October 2026 via checked.be.