EVISA: what changed
EVISA
Largest movements
- Cash -€53,471
down €53,471 (-95.0%), from €56,299 to €2,829
mainly Other debts (-€44,623) and Debts after one year (-€17,500)
- Receivables after one year -€30,000
down €30,000 (-5.9%), from €512,000 to €482,000
- Other debts -€44,623
down €44,623 (-7.7%), from €576,714 to €532,091
- Debts after one year -€17,500
no longer reported in 2025 (was €17,500)
- Current portion of long-term debt -€12,500
down €12,500 (-41.7%), from €30,000 to €17,500
- Profit (loss) carried forward -€10,088
down €10,088 (-9.3%), from -€107,964 to -€118,051
- Write-downs -€128,000
no longer reported in 2025 (was €128,000)
- Financial charges -€108,603
down €108,603 (-99.2%), from €109,521 to €917
of which Non-recurring financial charges: -€108,194
- Gross operating margin -€69,182
down €69,182, from €68,536 to -€646
- Financial income -€14,673
no longer reported in 2025 (was €14,673)
- Depreciation -€4,305
down €4,305 (-46.3%), from €9,305 to €5,000
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €769,229 | €680,816 | -€88,414 | -11.5% |
| Fixed assets | 21/28 | €200,930 | €195,930 | -€5,000 | -2.5% |
| Tangible fixed assets | 22/27 | €200,930 | €195,930 | -€5,000 | -2.5% |
| Land and buildings | 22 | €194,801 | €194,418 | -€383 | -0.2% |
| Furniture and vehicles | 24 | €3,905 | €1,512 | -€2,394 | -61.3% |
| Other tangible fixed assets | 26 | €2,224 | - | -€2,224 | |
| Current assets | 29/58 | €568,299 | €484,886 | -€83,413 | -14.7% |
| Amounts receivable after more than one year | 29 | €512,000 | €482,000 | -€30,000 | -5.9% |
| Trade receivables | 290 | €512,000 | €482,000 | -€30,000 | -5.9% |
| Amounts receivable within one year | 40/41 | - | €57 | +€57 | |
| Other amounts receivable | 41 | - | €57 | +€57 | |
| Cash at bank and in hand | 54/58 | €56,299 | €2,829 | -€53,471 | -95.0% |
| Total equity and liabilities | 10/49 | €769,229 | €680,816 | -€88,414 | -11.5% |
| Equity | 10/15 | €140,418 | €130,331 | -€10,088 | -7.2% |
| Contributions | 10/11 | €222,100 | €222,100 | = | 0.0% |
| Reserves | 13 | €26,282 | €26,282 | = | 0.0% |
| Distributable reserves | 133 | €26,282 | €26,282 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,964 | -€118,051 | -€10,088 | -9.3% |
| Amounts payable | 17/49 | €628,811 | €550,485 | -€78,326 | -12.5% |
| Amounts payable after more than one year | 17 | €17,500 | - | -€17,500 | |
| Financial debts | 170/4 | €17,500 | - | -€17,500 | |
| Amounts payable within one year | 42/48 | €611,311 | €550,485 | -€60,826 | -10.0% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €17,500 | -€12,500 | -41.7% |
| Trade debts | 44 | €2,428 | €500 | -€1,928 | -79.4% |
| Suppliers | 440/4 | €2,428 | €500 | -€1,928 | -79.4% |
| Taxes, remuneration and social security | 45 | €2,169 | €393 | -€1,775 | -81.9% |
| Taxes | 450/3 | €2,169 | €393 | -€1,775 | -81.9% |
| Other amounts payable | 47/48 | €576,714 | €532,091 | -€44,623 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,305 | €5,000 | -€4,305 | -46.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €128,000 | - | -€128,000 | |
| Other operating charges | 640/8 | €2,794 | €3,298 | +€504 | +18.0% |
| Gross operating margin | 9900 | €68,536 | -€646 | -€69,182 | |
| Operating profit (loss) | 9901 | -€71,563 | -€8,944 | +€62,619 | +87.5% |
| Financial income | 75/76B | €14,673 | - | -€14,673 | |
| Recurring financial income | 75 | €14,673 | - | -€14,673 | |
| Financial charges | 65/66B | €109,521 | €917 | -€108,603 | -99.2% |
| Recurring financial charges | 65 | €1,326 | €917 | -€409 | -30.8% |
| Non-recurring financial charges | 66B | €108,194 | - | -€108,194 | |
| Profit (loss) for the period before taxes | 9903 | -€166,410 | -€9,862 | +€156,549 | +94.1% |
| Income taxes | 67/77 | €168 | €226 | +€58 | +34.7% |
| Profit (loss) for the period | 9904 | -€166,578 | -€10,088 | +€156,490 | +93.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€166,578 | -€10,088 | +€156,490 | +93.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.