EVIDENT
ActiveFinancials · financial year 2026, micro format
Annual accounts 2026 filed on 30-10-2026 at the NBB all 29 filings
Turnover
≈ €110,000
Estimated: probably between €80,000 and €160,000
Total assets
€442,065▲ 13.0%
2025 · €391,155
Net result
€32,097▲ 358%
2025 · €7,008
Working capital
€404,125▲ 9.7%
2025 · €368,248
Multi-year overview
2019 to 2026, 8 financial yearsOperating result
€41,433
▲ 931%
2026
20192026
Net result
€32,097
▲ 358%
2026
20192026
Equity
€414,132
▲ 8.4%
2026
20192026
Total assets
€442,065
▲ 13.0%
2026
20192026
Debt
€27,933
▲ 206%
2026
20192026
Working capital
€404,125
▲ 9.7%
2026
20192026
Solvency
93.7%
▼ 4.0pp
2026
20192026
Current ratio
15.47
▼ 25.91
2026
20192026
Return on assets (ROA)
7.3%
▲ 5.5pp
2026
20192026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252026
Operating result€33,087--€874-€12,152▼ 1,291%-€4,728▲ 61.1%€75,930€19,355▼ 74.5%€4,019▼ 79.2%€41,433▲ 931%
Net result€19,663--€1,647-€12,715below the sector's middle half▼ 672%-€4,766below the sector's middle half▲ 62.5%€58,174above the sector's middle half€14,596within the sector's middle half▼ 74.9%€7,008within the sector's middle half▼ 52.0%€32,097▲ 358%
Equity€321,385-€319,738▼ 0.5%€307,023above the sector's middle half▼ 4.0%€302,257above the sector's middle half▼ 1.6%€360,431above the sector's middle half▲ 19.2%€375,027above the sector's middle half▲ 4.0%€382,035above the sector's middle half▲ 1.9%€414,132▲ 8.4%
Total assets€346,378-€337,026▼ 2.7%€318,035within the sector's middle half▼ 5.6%€307,189within the sector's middle half▼ 3.4%€379,243within the sector's middle half▲ 23.5%€380,405above the sector's middle half▲ 0.3%€391,155above the sector's middle half▲ 2.8%€442,065▲ 13.0%
Debt€24,993-€17,288▼ 30.8%€11,012▼ 36.3%€4,932▼ 55.2%€18,811▲ 281%€5,377▼ 71.4%€9,119▲ 69.6%€27,933▲ 206%
Working capital€317,431-€316,394▼ 0.3%€307,023above the sector's middle half▼ 3.0%€302,257above the sector's middle half▼ 1.6%€360,431above the sector's middle half▲ 19.2%€357,460above the sector's middle half▼ 0.8%€368,248above the sector's middle half▲ 3.0%€404,125▲ 9.7%
Solvency92.8%-94.9%▲ 2.1pp96.5%above the sector's middle half▲ 1.7pp98.4%above the sector's middle half▲ 1.9pp95.0%above the sector's middle half▼ 3.4pp98.6%above the sector's middle half▲ 3.5pp97.7%above the sector's middle half▼ 0.9pp93.7%▼ 4.0pp
Current ratio13.70-19.30▲ 5.6028.88above the sector's middle half▲ 9.5862.28above the sector's middle half▲ 33.4020.16above the sector's middle half▼ 42.1267.48above the sector's middle half▲ 47.3241.38above the sector's middle half▼ 26.1015.47▼ 25.91
Return on assets (ROA)5.7%--0.5%▼ 6.2pp-4.0%below the sector's middle half▼ 3.5pp-1.6%below the sector's middle half▲ 2.4pp15.3%within the sector's middle half▲ 16.9pp3.8%within the sector's middle half▼ 11.5pp1.8%within the sector's middle half▼ 2.0pp7.3%▲ 5.5pp
above
within
below
The sector band is the middle half of the companies in Office administrative, office support and other business support activities (NACE 82). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2026 is over 10 times that of 2025 and the highest since 2023. It is a recovery after the fall in 2025.
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
2026 in colour, 2025 as the grey bar beneath
Assets €442,065
Fixed assets
€10,007 ▼ 27.4%
Current assets
€432,058 ▲ 14.5%
Equity and liabilities €442,065
Equity
€414,132 ▲ 8.4%
Debt
€27,933 ▲ 206%
Debt's share of the balance-sheet total rises from 2.3% to 6.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45,214▲
2025 · €7,799
Cash flow
€35,878▲
2025 · €10,788
Debt to equity
0.07▲
2025 · 0.02
ROE
7.8%▲
2025 · 1.8%
Interest coverage
55.10▲
2025 · 9.54
Debt ≤ 1 year
€27,933▲
2025 · €9,119
Income taxes
€15,934▲
2025 · €4,392
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €18,904 | - | - |
| Depreciation and write-downs of the year | - | - | €1,336 | €3,780 | €3,781 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 · 1 entry · €7,610 awarded · €7,610 paidAnnual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €1,901 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,954 | €4,790 | €3,344 | - | - | €1,336 | €3,780 | €3,781 | = |
| Other operating charges640/8 | - | - | - | €688 | €642 | €649 | €592 | €3,152 | ▲ 433% |
| Gross operating margin9900 | €37,584 | €4,457 | -€8,286 | -€4,041 | €76,572 | €21,340 | €8,391 | €48,365 | ▲ 476% |
| Operating profit (loss)9901 | €33,087 | -€874 | -€12,152 | -€4,728 | €75,930 | €19,355 | €4,019 | €41,433 | ▲ 931% |
| Financial income75/76B | - | - | - | €484 | €4,000 | €2,890 | €8,198 | €7,419 | ▼ 9.5% |
| Recurring financial income75 | €958 | €244 | €62 | €484 | €4,000 | €2,890 | €8,198 | €7,419 | ▼ 9.5% |
| Financial charges65/66B | - | - | - | €389 | €3,309 | €240 | €817 | €821 | ▲ 0.4% |
| Recurring financial charges65 | €1,096 | €568 | €544 | €389 | €3,309 | €240 | €817 | €821 | ▲ 0.4% |
| Profit (loss) for the period before taxes9903 | €32,949 | -€1,197 | -€12,634 | -€4,633 | €76,620 | €22,005 | €11,399 | €48,031 | ▲ 321% |
| Income taxes67/77 | €13,286 | €450 | €81 | €133 | €18,446 | €7,409 | €4,392 | €15,934 | ▲ 263% |
| Profit (loss) for the period9904 | €19,663 | -€1,647 | -€12,715 | -€4,766 | €58,174 | €14,596 | €7,008 | €32,097 | ▲ 358% |
| Profit (loss) for the period to be appropriated9905 | €19,663 | -€1,647 | -€12,715 | -€4,766 | €58,174 | €14,596 | €7,008 | €32,097 | ▲ 358% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €346,378 | €337,026 | €318,035 | €307,189 | €379,243 | €380,405 | €391,155 | €442,065 | ▲ 13.0% |
| Fixed assets21/28 | €3,954 | €3,344 | - | - | - | €17,568 | €13,788 | €10,007 | ▼ 27.4% |
| Tangible fixed assets22/27 | €3,954 | €3,344 | - | - | - | €17,568 | €13,788 | €10,007 | ▼ 27.4% |
| Furniture and vehicles24 | - | - | - | - | - | €17,568 | €13,788 | €10,007 | ▼ 27.4% |
| Current assets29/58 | €342,424 | €333,682 | €318,035 | €307,189 | €379,243 | €362,837 | €377,367 | €432,058 | ▲ 14.5% |
| Amounts receivable within one year40/41 | €4,185 | €58,625 | €3,377 | €4,965 | €12,684 | €20,350 | €6,525 | €24,507 | ▲ 276% |
| Trade receivables40 | - | - | - | €4,800 | €7,400 | €17,765 | €6,525 | €23,655 | ▲ 263% |
| Other amounts receivable41 | - | - | - | €165 | €5,284 | €2,585 | - | €852 | - |
| Current investments50/53 | - | - | - | - | - | - | €300,000 | €300,000 | = |
| Cash at bank and in hand54/58 | €338,148 | €274,928 | €314,658 | €294,615 | €366,559 | €339,679 | €66,609 | €104,827 | ▲ 57.4% |
| Deferred charges and accrued income490/1 | - | - | - | €7,610 | - | €2,808 | €4,233 | €2,725 | ▼ 35.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €346,378 | €337,026 | €318,035 | €307,189 | €379,243 | €380,405 | €391,155 | €442,065 | ▲ 13.0% |
| Equity10/15 | €321,385 | €319,738 | €307,023 | €302,257 | €360,431 | €375,027 | €382,035 | €414,132 | ▲ 8.4% |
| Contributions10/11 | €182,103 | - | - | €182,103 | €182,103 | €182,103 | €182,103 | €182,103 | = |
| Reserves13 | €139,283 | €139,283 | €139,283 | €139,283 | €197,457 | €192,925 | €199,932 | €232,029 | ▲ 16.1% |
| Non-distributable reserves130/1 | - | - | - | €18,830 | €18,830 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €18,830 | €18,830 | - | - | - | - |
| Distributable reserves133 | - | - | - | €120,453 | €178,627 | €192,925 | €199,932 | €232,029 | ▲ 16.1% |
| Profit (loss) carried forward14 | - | -€1,647 | -€14,362 | -€19,128 | -€19,128 | - | - | - | - |
| Amounts payable17/49 | €24,993 | €17,288 | €11,012 | €4,932 | €18,811 | €5,377 | €9,119 | €27,933 | ▲ 206% |
| Amounts payable within one year42/48 | €24,993 | €17,288 | €11,012 | €4,932 | €18,811 | €5,377 | €9,119 | €27,933 | ▲ 206% |
| Trade debts44 | €1,472 | €2,418 | €4,613 | €427 | €6,981 | €677 | €2,181 | €1,450 | ▼ 33.5% |
| Suppliers440/4 | - | - | - | €427 | €6,981 | €677 | €2,181 | €1,450 | ▼ 33.5% |
| Taxes, remuneration and social security45 | - | - | - | €234 | €7,183 | €1,460 | €2,444 | €5,563 | ▲ 128% |
| Taxes450/3 | - | - | - | €234 | €7,183 | €1,460 | €2,444 | €5,563 | ▲ 128% |
| Other amounts payable47/48 | - | - | - | €4,271 | €4,647 | €3,241 | €4,495 | €20,921 | ▲ 365% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,663 | -€1,647 | -€12,715 | -€4,766 | €58,174 | €14,596 | €7,008 | €32,097 | ▲ 358% |
| + Depreciation and write-downs630 | €3,954 | €4,790 | €3,344 | - | - | €1,336 | €3,780 | €3,781 | = |
| Operating cash flow (approximation) | €23,617 | €3,143 | -€9,371 | -€4,766 | €58,174 | €15,932 | €10,788 | €35,878 | ▲ 233% |
| Investment in fixed assets (approximation) | - | -€4,180 | - | - | - | - | €0 | €0 | - |
| Change in cash | - | -€63,220 | €39,730 | -€20,043 | €71,944 | -€26,880 | -€273,069 | €38,217 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as EVIDENT has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of EVIDENT itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 31,368 companies, not a prediction for EVIDENT. 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.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 30-10-2026 | 2026-00598801 | |
| 31-03-2025 | micro format | 30-09-2025 | 2025-00535548 | |
| 31-03-2024 | micro format | 31-10-2024 | 2024-00531330 | |
| 31-03-2023 | micro format | 30-10-2023 | 2023-00496446 | |
| 31-03-2022 | micro format | 05-10-2022 | 2022-20451225 | |
| 31-03-2021 | micro format | 16-11-2021 | 2021-77300017 | |
| 31-03-2020 | micro format | 26-11-2020 | 2020-71900546 | |
| 31-03-2019 | micro format | 31-10-2019 | 2019-72700088 | |
| 31-03-2018 | micro format | 28-09-2018 | 2018-65400502 | |
| 31-03-2017 | micro format | 03-10-2017 | 2017-65100163 |