EVOR: what changed
EVOR
Largest movements
- Cash -€18,168
down €18,168 (-39.0%), from €46,577 to €28,409
mainly Trade debts (-€19,993) and Receivables within one year (-€14,669)
- Receivables within one year +€14,669
up €14,669 (+118%), from €12,420 to €27,089
of which Trade receivables: +€14,372
- Tangible fixed assets -€5,629
down €5,629 (-11.4%), from €49,398 to €43,769
of which Furniture and vehicles: -€4,738
- Trade debts -€19,993
down €19,993 (-29.9%), from €66,773 to €46,780
- Tax, wage and social debts +€3,199
up €3,199 (+8.2%), from €38,955 to €42,153
of which Taxes: +€1,799
- Current portion of long-term debt +€3,158
new in 2025: €3,158
- Profit (loss) carried forward +€2,508
up €2,508 (+12.4%), from €20,144 to €22,652
- Advances received +€2,287
up €2,287 (+135%), from €1,690 to €3,977
- Staff costs +€165,304
up €165,304 (+85.6%), from €193,167 to €358,471
- Gross operating margin +€148,269
up €148,269 (+65.1%), from €227,893 to €376,162
- Taxes -€5,098
down €5,098 (-71.0%), from €7,177 to €2,079
- Depreciation +€4,428
up €4,428 (+114%), from €3,890 to €8,318
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 | €138,242 | €128,720 | -€9,522 | -6.9% |
| Fixed assets | 21/28 | €68,441 | €62,312 | -€6,129 | -9.0% |
| Intangible fixed assets | 21 | €4,638 | €4,138 | -€500 | -10.8% |
| Tangible fixed assets | 22/27 | €49,398 | €43,769 | -€5,629 | -11.4% |
| Land and buildings | 22 | €5,275 | €4,711 | -€564 | -10.7% |
| Plant, machinery and equipment | 23 | €22,405 | €22,077 | -€327 | -1.5% |
| Furniture and vehicles | 24 | €21,718 | €16,980 | -€4,738 | -21.8% |
| Financial fixed assets | 28 | €14,405 | €14,405 | = | 0.0% |
| Current assets | 29/58 | €69,801 | €66,408 | -€3,392 | -4.9% |
| Stocks and contracts in progress | 3 | €10,268 | €10,483 | +€215 | +2.1% |
| Stocks | 30/36 | €10,268 | €10,483 | +€215 | +2.1% |
| Amounts receivable within one year | 40/41 | €12,420 | €27,089 | +€14,669 | +118% |
| Trade receivables | 40 | €12,269 | €26,641 | +€14,372 | +117% |
| Other amounts receivable | 41 | €151 | €448 | +€297 | +196% |
| Cash at bank and in hand | 54/58 | €46,577 | €28,409 | -€18,168 | -39.0% |
| Deferred charges and accrued income | 490/1 | €536 | €428 | -€108 | -20.2% |
| Total equity and liabilities | 10/49 | €138,242 | €128,720 | -€9,522 | -6.9% |
| Equity | 10/15 | €30,144 | €32,652 | +€2,508 | +8.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,144 | €22,652 | +€2,508 | +12.4% |
| Amounts payable | 17/49 | €108,098 | €96,068 | -€12,029 | -11.1% |
| Amounts payable within one year | 42/48 | €107,418 | €96,068 | -€11,349 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | - | €3,158 | +€3,158 | |
| Trade debts | 44 | €66,773 | €46,780 | -€19,993 | -29.9% |
| Suppliers | 440/4 | €66,773 | €46,780 | -€19,993 | -29.9% |
| Advances received on contracts in progress | 46 | €1,690 | €3,977 | +€2,287 | +135% |
| Taxes, remuneration and social security | 45 | €38,955 | €42,153 | +€3,199 | +8.2% |
| Taxes | 450/3 | €24,516 | €26,315 | +€1,799 | +7.3% |
| Remuneration and social security | 454/9 | €14,438 | €15,838 | +€1,400 | +9.7% |
| Accrued charges and deferred income | 492/3 | €680 | €0 | -€680 | -100% |
| Remuneration, social security and pensions | 62 | €193,167 | €358,471 | +€165,304 | +85.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,890 | €8,318 | +€4,428 | +114% |
| Other operating charges | 640/8 | €1,823 | €1,750 | -€74 | -4.0% |
| Gross operating margin | 9900 | €227,893 | €376,162 | +€148,269 | +65.1% |
| Operating profit (loss) | 9901 | €29,013 | €7,623 | -€21,390 | -73.7% |
| Financial income | 75/76B | €124 | €194 | +€70 | +56.6% |
| Recurring financial income | 75 | €124 | €194 | +€70 | +56.6% |
| Financial charges | 65/66B | €1,815 | €3,231 | +€1,415 | +78.0% |
| Recurring financial charges | 65 | €1,815 | €3,231 | +€1,415 | +78.0% |
| Profit (loss) for the period before taxes | 9903 | €27,321 | €4,586 | -€22,735 | -83.2% |
| Income taxes | 67/77 | €7,177 | €2,079 | -€5,098 | -71.0% |
| Profit (loss) for the period | 9904 | €20,144 | €2,508 | -€17,637 | -87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,144 | €2,508 | -€17,637 | -87.6% |
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 6 November 2026 via checked.be.