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EVESST

Active
Cooperative companyfounded 2000active for 26 yearsWinnerstraat 86, 3940 Hechtel-Eksel, BelgiumKBO/BCE: BE 0472.865.102

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.

Annual accounts 2024 filed on 26-09-2025 PDF all 24 filings

Turnover
≈ €25,000
Estimated: probably between €12,000 and €61,000
Total assets
€61,428▲ 5.4%
2023 · €58,254
Net result
€280▲ 37.9%
2023 · €203
Working capital
-€19,366▼ 1.8%
2023 · -€19,020
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result for 2024 is 11% higher than in 2023 and the highest since 2020. It is a recovery after the fall in 2023.

Operating result€1,019 2024 Net result€280 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result-€1,252--€510▲ 59.3%-€117▲ 77.1%-€5,303▼ 4,452%€955€919▼ 3.7%€1,019▲ 10.9%
Net result-€1,272--€531▲ 58.3%-€139▲ 73.8%-€5,720▼ 4,009%€184€203▲ 10.7%€280▲ 37.9%
Equity-€4,732--€5,263▼ 11.2%-€5,402▼ 2.6%-€11,122▼ 106%-€10,939▲ 1.7%-€10,736▲ 1.9%-€10,455▲ 2.6%
Total assets€2,502-€2,514▲ 0.5%€2,491▼ 0.9%€51,887▲ 21×€54,096▲ 4.3%€58,254▲ 7.7%€61,428▲ 5.4%
Debt€7,235-€7,777▲ 7.5%€7,893▲ 1.5%€63,010▲ 698%€65,035▲ 3.2%€68,989▲ 6.1%€71,883▲ 4.2%
Working capital-€4,732--€5,263▼ 11.2%-€5,402▼ 2.6%-€18,153▼ 236%-€18,596▼ 2.4%-€19,020▼ 2.3%-€19,366▼ 1.8%
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €61,428
Fixed assets €46,119 ▼ 3.6%
Current assets €15,308 ▲ 47.0%
Equity and liabilities
Equity-€10,455
Debt€71,883
Equity is negative. Debt (€71,883) exceeds the balance-sheet total (€61,428).
Key figures and ratios
2024 value · change against 2023
EBITDA
€2,742▲
2023 · €2,643
Cash flow
€2,004▲
2023 · €1,927
Solvency
-17.0%▲
2023 · -18.4%
Current ratio
0.44▲
2023 · 0.35
ROA
0.5%▲
2023 · 0.3%
Interest coverage
3.71▲
2023 · 3.69
Debt ≤ 1 year
€34,675▲
2023 · €29,431
Debt > 1 year
€37,209▼
2023 · €39,558
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 1,449 companies had the same profile as EVESST has now. Two years later, 2.5% had gone bankrupt and 92.2% were still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit under 5% of the balance sheet
2.5% went bankrupt
4.8% stopped otherwise
92.2% was still going

Another 0.6% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of EVESST itself is higher: 3.5% within 12 months. It rests on far more data about EVESST than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,449 companies, not a prediction for EVESST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 30 lines

Source: Annual accounts 2024 (PDF), filed on 26-09-2025.

Balance sheet Code20232024
Assets
Total assets20/58€58,254€61,428▲
Fixed assets21/28€47,843€46,119▼
Tangible fixed assets22/27€47,843€46,119▼
Land and buildings22€47,843€46,119▼
Current assets29/58€10,411€15,308▲
Cash at bank and in hand54/58€51€848▲
Deferred charges and accrued income490/1€10,360€14,460▲
Equity and liabilities
Total equity and liabilities10/49€58,254€61,428▲
Equity10/15-€10,736-€10,455▲
Contributions10/11€21,851€21,851=
Profit (loss) carried forward14-€32,587-€32,307▲
Amounts payable17/49€68,989€71,883▲
Amounts payable after more than one year17€39,558€37,209▼
Financial debts170/4€39,558€37,209▼
Amounts payable within one year42/48€29,431€34,675▲
Current portion of amounts payable after more than one year42€2,350€2,350=
Trade debts44€55-
Suppliers440/4€55-
Other amounts payable47/48€27,026€32,325▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,723€1,723=
Other operating charges640/8€696€578▼
Gross operating margin9900€3,339€3,321▼
Operating profit (loss)9901€919€1,019▲
Financial charges65/66B€716€739▲
Recurring financial charges65€716€739▲
Profit (loss) for the period before taxes9903€203€280▲
Profit (loss) for the period9904€203€280▲
Profit (loss) for the period to be appropriated9905€203€280▲
Appropriation of the result
Profit (loss) to be appropriated9906-€32,587-€32,307▲
Profit (loss) brought forward from the previous period14P-€32,790-€32,587▲

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2018201920202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€411€1,723€1,723€1,723=
Other operating charges640/8---€2,368€410€696€578▼ 16.9%
Gross operating margin9900-€790---€2,524€3,088€3,339€3,321▼ 0.5%
Operating profit (loss)9901-€1,252-€510-€117-€5,303€955€919€1,019▲ 10.9%
Financial charges65/66B---€417€771€716€739▲ 3.2%
Recurring financial charges65€20€21€23€417€771€716€739▲ 3.2%
Profit (loss) for the period before taxes9903-€1,272-€531-€139-€5,720€184€203€280▲ 37.9%
Profit (loss) for the period9904-€1,272-€531-€139-€5,720€184€203€280▲ 37.9%
Profit (loss) for the period to be appropriated9905-€1,272-€531-€139-€5,720€184€203€280▲ 37.9%
Line2018201920202021202220232024Change
Assets
Total assets20/58€2,502€2,514€2,491€51,887€54,096€58,254€61,428▲ 5.4%
Fixed assets21/28---€51,289€49,566€47,843€46,119▼ 3.6%
Tangible fixed assets22/27---€51,289€49,566€47,843€46,119▼ 3.6%
Land and buildings22---€51,289€49,566€47,843€46,119▼ 3.6%
Current assets29/58€2,502€2,514€2,491€598€4,530€10,411€15,308▲ 47.0%
Cash at bank and in hand54/58€829€841€818€38€170€51€848▲ 17×
Deferred charges and accrued income490/1---€560€4,360€10,360€14,460▲ 39.6%
Equity and liabilities
Total equity and liabilities10/49€2,502€2,514€2,491€51,887€54,096€58,254€61,428▲ 5.4%
Equity10/15-€4,732-€5,263-€5,402-€11,122-€10,939-€10,736-€10,455▲ 2.6%
Contributions10/11€21,851€21,851€21,851€21,851€21,851€21,851€21,851=
Profit (loss) carried forward14-€26,583-€27,114-€27,253-€32,973-€32,790-€32,587-€32,307▲ 0.9%
Amounts payable17/49€7,235€7,777€7,893€63,010€65,035€68,989€71,883▲ 4.2%
Amounts payable after more than one year17---€44,258€41,908€39,558€37,209▼ 5.9%
Financial debts170/4---€44,258€41,908€39,558€37,209▼ 5.9%
Amounts payable within one year42/48€7,235€7,777€7,893€18,751€23,127€29,431€34,675▲ 17.8%
Current portion of amounts payable after more than one year42---€2,350€2,350€2,350€2,350=
Trade debts44--€117€55€55€55--
Suppliers440/4---€55€55€55--
Other amounts payable47/48---€16,347€20,722€27,026€32,325▲ 19.6%
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€1,272-€531-€139-€5,720€184€203€280▲ 37.9%
+ Depreciation and write-downs630---€411€1,723€1,723€1,723=
Operating cash flow (approximation)-€1,272-€531-€139-€5,309€1,907€1,927€2,004▲ 4.0%
Investment in fixed assets (approximation)----€0€0€0-
Change in cash-€11-€23-€780€132-€119€797-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 24 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2024 micro format 26-09-2025 2025-00505365 PDF
31-12-2023 micro format 08-10-2024 2024-00503377 PDF
31-12-2022 micro format 29-09-2023 2023-00463486 PDF
31-12-2021 micro format 11-12-2022 2022-20535846 PDF
31-12-2020 micro format 20-08-2021 2021-50800143 PDF
31-12-2019 micro format 20-08-2021 2021-50800140 PDF
31-12-2018 micro format 20-08-2021 2021-50800138 PDF
31-12-2017 micro format 31-07-2018 2018-40100423 PDF
31-12-2016 micro format 20-07-2017 2017-33000560 PDF
31-12-2015 abbreviated format 06-03-2017 2017-05900551 PDF

Show all 24 filings

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