G. EVEN: 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.
G. EVEN
Largest movements
- Cash +€46,529
up €46,529 (+130%), from €35,894 to €82,423
mainly Other debts (+€42,090) and Debts after one year (+€15,062)
- Tangible fixed assets +€26,759
up €26,759 (+2,679%), from €999 to €27,758
- Other debts +€42,090
up €42,090 (+80.7%), from €52,179 to €94,269
- Debts after one year +€15,062
new in 2025: €15,062
- Current portion of long-term debt +€11,232
up €11,232 (+83.8%), from €13,406 to €24,639
- Profit (loss) carried forward +€10,859
up €10,859, from -€3,526 to €7,333
- Trade debts -€3,296
down €3,296 (-98.9%), from €3,335 to €38
- Gross operating margin +€67,767
up €67,767 (+97.0%), from €69,892 to €137,659
- Financial charges +€41,208
up €41,208 (+56.3%), from €73,181 to €114,389
- Depreciation +€8,844
new in 2025: €8,844
- Taxes +€2,530
up €2,530 (+1,794%), from €141 to €2,671
- Other operating charges +€1,531
up €1,531 (+791%), from €194 to €1,725
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 | €90,692 | €164,979 | +€74,287 | +81.9% |
| Fixed assets | 21/28 | €999 | €27,758 | +€26,759 | +2,679% |
| Tangible fixed assets | 22/27 | €999 | €27,758 | +€26,759 | +2,679% |
| Furniture and vehicles | 24 | €999 | €27,758 | +€26,759 | +2,679% |
| Current assets | 29/58 | €89,693 | €137,221 | +€47,529 | +53.0% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Trade receivables | 290 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,204 | €27,194 | +€990 | +3.8% |
| Trade receivables | 40 | €4,314 | €7,163 | +€2,849 | +66.0% |
| Other amounts receivable | 41 | €21,891 | €20,032 | -€1,859 | -8.5% |
| Cash at bank and in hand | 54/58 | €35,894 | €82,423 | +€46,529 | +130% |
| Deferred charges and accrued income | 490/1 | €2,594 | €2,603 | +€9 | +0.4% |
| Total equity and liabilities | 10/49 | €90,692 | €164,979 | +€74,287 | +81.9% |
| Equity | 10/15 | €14,788 | €25,648 | +€10,859 | +73.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €5,914 | €5,914 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,054 | €4,054 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,526 | €7,333 | +€10,859 | |
| Amounts payable | 17/49 | €75,903 | €139,331 | +€63,428 | +83.6% |
| Amounts payable after more than one year | 17 | - | €15,062 | +€15,062 | |
| Financial debts | 170/4 | - | €15,062 | +€15,062 | |
| Amounts payable within one year | 42/48 | €75,903 | €124,269 | +€48,366 | +63.7% |
| Current portion of amounts payable after more than one year | 42 | €13,406 | €24,639 | +€11,232 | +83.8% |
| Trade debts | 44 | €3,335 | €38 | -€3,296 | -98.9% |
| Suppliers | 440/4 | €3,335 | €38 | -€3,296 | -98.9% |
| Taxes, remuneration and social security | 45 | €6,983 | €5,323 | -€1,660 | -23.8% |
| Taxes | 450/3 | €6,983 | €5,323 | -€1,660 | -23.8% |
| Other amounts payable | 47/48 | €52,179 | €94,269 | +€42,090 | +80.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,844 | +€8,844 | |
| Other operating charges | 640/8 | €194 | €1,725 | +€1,531 | +791% |
| Gross operating margin | 9900 | €69,892 | €137,659 | +€67,767 | +97.0% |
| Operating profit (loss) | 9901 | €69,699 | €127,091 | +€57,392 | +82.3% |
| Financial income | 75/76B | €705 | €829 | +€124 | +17.6% |
| Recurring financial income | 75 | €705 | €829 | +€124 | +17.6% |
| Financial charges | 65/66B | €73,181 | €114,389 | +€41,208 | +56.3% |
| Recurring financial charges | 65 | €73,181 | €114,389 | +€41,208 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,778 | €13,531 | +€16,308 | |
| Income taxes | 67/77 | €141 | €2,671 | +€2,530 | +1,794% |
| Profit (loss) for the period | 9904 | -€2,919 | €10,859 | +€13,778 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,919 | €10,859 | +€13,778 |
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 24 October 2026 via checked.be.