EVO: what changed
EVO
Largest movements
- Deferred charges and accrued income +€155,664
up €155,664 (+12,716%), from €1,224 to €156,888
- Tangible fixed assets +€73,483
up €73,483 (+220%), from €33,330 to €106,812
of which Leasing and similar rights: +€76,213
- Receivables within one year -€25,000
no longer reported in 2025 (was €25,000)
- Cash +€13,354
up €13,354 (+353%), from €3,784 to €17,138
mainly Net result for the year (+€114,059) and Debts after one year (+€60,821)
- Profit (loss) carried forward +€114,059
new in 2025: €114,059
- Debts after one year +€60,821
up €60,821 (+608%), from €10,000 to €70,821
- Tax, wage and social debts +€33,441
up €33,441 (+500%), from €6,685 to €40,126
- Current portion of long-term debt +€16,234
new in 2025: €16,234
- Other debts -€8,992
down €8,992 (-33.7%), from €26,714 to €17,722
- Gross operating margin +€139,979
up €139,979 (+573%), from €24,425 to €164,404
- Taxes +€26,756
up €26,756 (+400%), from €6,685 to €33,441
- Depreciation +€14,877
up €14,877 (+3,084%), from €482 to €15,360
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 | €63,338 | €280,838 | +€217,500 | +343% |
| Fixed assets | 21/28 | €33,330 | €106,812 | +€73,483 | +220% |
| Tangible fixed assets | 22/27 | €33,330 | €106,812 | +€73,483 | +220% |
| Furniture and vehicles | 24 | €1,695 | €2,166 | +€471 | +27.8% |
| Leasing and similar rights | 25 | - | €76,213 | +€76,213 | |
| Other tangible fixed assets | 26 | €31,635 | €28,434 | -€3,201 | -10.1% |
| Current assets | 29/58 | €30,008 | €174,026 | +€144,018 | +480% |
| Amounts receivable within one year | 40/41 | €25,000 | - | -€25,000 | |
| Trade receivables | 40 | €25,000 | - | -€25,000 | |
| Cash at bank and in hand | 54/58 | €3,784 | €17,138 | +€13,354 | +353% |
| Deferred charges and accrued income | 490/1 | €1,224 | €156,888 | +€155,664 | +12,716% |
| Total equity and liabilities | 10/49 | €63,338 | €280,838 | +€217,500 | +343% |
| Equity | 10/15 | €18,236 | €132,295 | +€114,059 | +625% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €17,236 | €17,236 | = | 0.0% |
| Distributable reserves | 133 | €17,236 | €17,236 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €114,059 | +€114,059 | |
| Amounts payable | 17/49 | €45,102 | €148,543 | +€103,441 | +229% |
| Amounts payable after more than one year | 17 | €10,000 | €70,821 | +€60,821 | +608% |
| Financial debts | 170/4 | €10,000 | €70,821 | +€60,821 | +608% |
| Amounts payable within one year | 42/48 | €35,102 | €77,427 | +€42,325 | +121% |
| Current portion of amounts payable after more than one year | 42 | - | €16,234 | +€16,234 | |
| Trade debts | 44 | €1,702 | €3,344 | +€1,642 | +96.5% |
| Suppliers | 440/4 | €1,702 | €3,344 | +€1,642 | +96.5% |
| Taxes, remuneration and social security | 45 | €6,685 | €40,126 | +€33,441 | +500% |
| Taxes | 450/3 | €6,685 | €40,126 | +€33,441 | +500% |
| Other amounts payable | 47/48 | €26,714 | €17,722 | -€8,992 | -33.7% |
| Accrued charges and deferred income | 492/3 | - | €295 | +€295 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €482 | €15,360 | +€14,877 | +3,084% |
| Gross operating margin | 9900 | €24,425 | €164,404 | +€139,979 | +573% |
| Operating profit (loss) | 9901 | €23,943 | €149,044 | +€125,101 | +523% |
| Financial charges | 65/66B | €21 | €1,544 | +€1,522 | +7,164% |
| Recurring financial charges | 65 | €21 | €1,544 | +€1,522 | +7,164% |
| Profit (loss) for the period before taxes | 9903 | €23,921 | €147,500 | +€123,579 | +517% |
| Income taxes | 67/77 | €6,685 | €33,441 | +€26,756 | +400% |
| Profit (loss) for the period | 9904 | €17,236 | €114,059 | +€96,823 | +562% |
| Profit (loss) for the period to be appropriated | 9905 | €17,236 | €114,059 | +€96,823 | +562% |
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 8 November 2026 via checked.be.