STUDIO EVH: 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.
STUDIO EVH
Largest movements
- Receivables within one year -€38,869
down €38,869 (-64.3%), from €60,418 to €21,549
of which Other amounts receivable: -€26,593
- Cash +€24,098
up €24,098 (+47.0%), from €51,262 to €75,360
mainly Receivables within one year (+€38,869) and Net result for the year (+€37,080)
- Tangible fixed assets -€2,856
down €2,856 (-69.1%), from €4,130 to €1,274
of which Furniture and vehicles: -€2,456
- Profit (loss) carried forward -€46,351
down €46,351, from €33,431 to -€12,920
- Reserves +€30,830
up €30,830 (+50.5%), from €61,000 to €91,830
- Advances received -€7,024
no longer reported in 2025 (was €7,024)
- Tax, wage and social debts +€3,500
up €3,500 (+30.4%), from €11,500 to €15,000
- Trade debts +€1,419
up €1,419 (+105%), from €1,355 to €2,774
- Gross operating margin +€5,702
up €5,702 (+12.5%), from €45,572 to €51,274
- Depreciation +€2,084
up €2,084 (+270%), from €772 to €2,856
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 | €115,810 | €98,183 | -€17,627 | -15.2% |
| Fixed assets | 21/28 | €4,130 | €1,274 | -€2,856 | -69.1% |
| Tangible fixed assets | 22/27 | €4,130 | €1,274 | -€2,856 | -69.1% |
| Furniture and vehicles | 24 | €2,456 | - | -€2,456 | |
| Other tangible fixed assets | 26 | €1,674 | €1,274 | -€400 | -23.9% |
| Current assets | 29/58 | €111,680 | €96,909 | -€14,771 | -13.2% |
| Amounts receivable within one year | 40/41 | €60,418 | €21,549 | -€38,869 | -64.3% |
| Trade receivables | 40 | €33,240 | €20,964 | -€12,276 | -36.9% |
| Other amounts receivable | 41 | €27,178 | €585 | -€26,593 | -97.8% |
| Cash at bank and in hand | 54/58 | €51,262 | €75,360 | +€24,098 | +47.0% |
| Total equity and liabilities | 10/49 | €115,810 | €98,183 | -€17,627 | -15.2% |
| Equity | 10/15 | €95,931 | €80,409 | -€15,522 | -16.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €61,000 | €91,830 | +€30,830 | +50.5% |
| Distributable reserves | 133 | €61,000 | €91,830 | +€30,830 | +50.5% |
| Profit (loss) carried forward | 14 | €33,431 | -€12,920 | -€46,351 | |
| Amounts payable | 17/49 | €19,879 | €17,774 | -€2,106 | -10.6% |
| Amounts payable within one year | 42/48 | €19,879 | €17,774 | -€2,106 | -10.6% |
| Trade debts | 44 | €1,355 | €2,774 | +€1,419 | +105% |
| Suppliers | 440/4 | €1,355 | €2,774 | +€1,419 | +105% |
| Advances received on contracts in progress | 46 | €7,024 | - | -€7,024 | |
| Taxes, remuneration and social security | 45 | €11,500 | €15,000 | +€3,500 | +30.4% |
| Taxes | 450/3 | €11,500 | €15,000 | +€3,500 | +30.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €772 | €2,856 | +€2,084 | +270% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €45,572 | €51,274 | +€5,702 | +12.5% |
| Operating profit (loss) | 9901 | €44,682 | €48,298 | +€3,616 | +8.1% |
| Financial charges | 65/66B | €190 | €218 | +€28 | +14.7% |
| Recurring financial charges | 65 | €190 | €218 | +€28 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €44,492 | €48,080 | +€3,588 | +8.1% |
| Income taxes | 67/77 | €11,500 | €11,000 | -€500 | -4.3% |
| Profit (loss) for the period | 9904 | €32,992 | €37,080 | +€4,088 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,992 | €37,080 | +€4,088 | +12.4% |
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 13 October 2026 via checked.be.