Evaro
Evaro is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €38.31M and a net result of €2.15M. Equity remains stable across the filed fiscal years (±2.2% per year). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €38.31M |
| Net result | €2.15M |
| Active | 9 yrs |
| Locations | 1 |
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Figures by fiscal year and ratios
| Fiscal year | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema |
| Revenue | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a |
| Net profit | €2.15M | €3.87M | €2.40M | €2.08M |
| Cash flow | n/a | n/a | n/a | n/a |
| Staff costs | - | - | - | - |
| Income taxes | €8k | €10k | €17k | €8k |
| Dividends | €2.09M | €1.95M | €2.40M | €1.98M |
| Total assets | €41.02M | €40.84M | €40.25M | €39.83M |
| Equity | €38.31M | €38.26M | €36.34M | €36.34M |
| Debt | €2.71M | €2.58M | €3.91M | €3.49M |
| of which ≤ 1y | €2.10M | €1.95M | €3.91M | €3.49M |
| of which > 1y | €592k | €602k | - | - |
| Working capital | n/a | n/a | n/a | n/a |
| Employees (FTE) | - | - | - | - |
| 2026 | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a |
| Solvency | 93.4% | 93.7% | 90.3% | 91.2% |
| Debt / equity | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a |
| ROA | 5.2% | 9.5% | 6.0% | 5.2% |
| ROE | 5.6% | 10.1% | 6.6% | 5.7% |
| EBITDA margin | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a |
Full annual accounts (21 line items)
| Line item | Code | 2026 | 2025 | 2024 | 2023 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €41.02M | €40.84M | €40.25M | €39.83M |
| Fixed assets | 21/28 | €32.33M | €32.27M | €37.22M | €37.60M |
| Financial fixed assets | 28 | €32.33M | €32.27M | €37.22M | €37.60M |
| Current assets | 29/58 | €8.70M | €8.56M | €3.03M | €2.22M |
| Amounts receivable within one year | 40/41 | €2.13M | €1.99M | €2.12M | €1.87M |
| Investments | 50/53 | €6.57M | €6.57M | - | - |
| Cash & bank | 54/58 | €3k | €397 | €914k | €355k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €41.02M | €40.84M | €40.25M | €39.83M |
| Equity | 10/15 | €38.31M | €38.26M | €36.34M | €36.34M |
| Contributions / capital | 10/11 | €29.42M | €29.42M | €35.98M | €35.98M |
| Reserves | 13 | €8.90M | €8.84M | €357k | €357k |
| Amounts payable | 17/49 | €2.71M | €2.58M | €3.91M | €3.49M |
| Amounts payable after one year | 17 | €592k | €602k | - | - |
| Amounts payable within one year | 42/48 | €2.10M | €1.95M | €3.91M | €3.49M |
| Income statement | |||||
| Operating result | 9901 | €-3k | €-2k | €-3k | €-3k |
| Financial income | 75 | €2.18M | €2.33M | €2.42M | €2.04M |
| Financial charges | 65 | €22k | €24k | €186 | €10k |
| Result before taxes | 9903 | €2.16M | €3.88M | €2.41M | €2.09M |
| Income taxes | 67/77 | €8k | €10k | €17k | €8k |
| Net result for the period | 9904 | €2.15M | €3.87M | €2.40M | €2.08M |
| Result to be appropriated | 9905 | €2.15M | €3.87M | €2.40M | €2.08M |
| NACE primary | Activities auxiliary to financial services and insurance activities(66300) |
| Legal form | Private limited company(610) |
| Incorporation | 15-06-2017 |
| Status | Active |
| Postal code | 2310 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502E0043/00F000 | Flanders | 1.3 ha | 1 · 1,100 m² | 3.3 m |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
06-08-2024 Buyback of own shares
Technical details
{
"events": [
{
"kind": "share_buyback",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
"contribution_type": "inkoop_eigen_aandelen",
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Luik",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-08-06",
"filing_date": "2024-07-26",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"act_date": "2024-07-26",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": "2018-07-01"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0676.858.377",
"name_full": "Evaro",
"legal_form": "Besloten vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"notulen van de bijzondere algemene vergadering van aandeelhouders"
],
"shareholders_after": [],
"share_classes_after": []
}| Legal nameNL | Evaro |