EVM Projects
Annual accounts 2024
abbreviated format, filed on 29-08-2025, 29 days lateTurnover and EBIT margin are not published. The abbreviated format does not require them.
Balance sheet
balance sheet total €6.1m on 31-12-2024in euro
in euro
Position in the sector
-6.4%
Higher than 10% of 9,640 companies in 2024.
1.02
Higher than 42% of 9,280 companies in 2024.
-4.1%
Higher than 15% of 9,592 companies in 2024.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: middle half · Staff: middle half
Staff
€34,357
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
6.1m | 4.4m | 2.7m | |
29/58 |
6.1m | 4.4m | 2.7m | |
3 |
5.4m | 4.1m | 2.6m | |
30/36 |
5.4m | 4.1m | 2.6m | |
40/41 |
0 | 115 | 3,405 | |
40 |
- | 0 | 3,405 | |
41 |
0 | 115 | - | |
54/58 |
694,250 | 256,548 | 80,090 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
6.1m | 4.4m | 2.7m | |
10/15 |
-390,518 | -138,444 | -12,902 | |
10/11 |
50,000 | 50,000 | 50,000 | |
14 |
-440,518 | -188,444 | -62,902 | |
17/49 |
6.5m | 4.5m | 2.7m | |
17 |
500,000 | 500,000 | - | |
170/4 |
500,000 | 500,000 | - | |
42/48 |
6.0m | 3.9m | 2.7m | |
43 |
1.8m | 2.4m | 1.5m | |
430/8 |
1.8m | 2.4m | 1.5m | |
44 |
3,508 | 84,349 | 3,922 | |
440/4 |
3,508 | 84,349 | 3,922 | |
46 |
2.4m | - | - | |
45 |
300,713 | 26,034 | 9,986 | |
450/3 |
296,324 | 23,225 | 9,986 | |
454/9 |
4,389 | 2,810 | - | |
47/48 |
1.5m | 1.4m | 1.2m | |
492/3 |
30,000 | 100,274 | 38,505 | |
| Income statement | ||||
9900 |
-91,923 | -22,334 | -9,340 | |
62 |
34,357 | 9,538 | - | |
640/8 |
1,108 | 2,984 | 398 | |
66A |
0 | 1,250 | - | |
9901 |
-127,388 | -36,106 | -9,737 | |
65/66B |
124,685 | 89,436 | 53,165 | |
65 |
124,685 | 89,436 | 53,165 | |
9903 |
-252,074 | -125,542 | -62,902 | |
9904 |
-252,074 | -125,542 | -62,902 | |
9905 |
-252,074 | -125,542 | -62,902 | |
| Appropriation of the result | ||||
9906 |
-440,518 | -188,444 | -62,902 | |
14P |
-188,444 | -62,902 | - | |
| Social balance sheet | ||||
9087 |
1 | 1 | - | |
Hours worked1013 |
- | 526 | - | |
| Document | ||||
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 29-08-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank2024 annual accounts filed 29 days after the deadline. Filed on 29 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00439226.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| 437,702 | 176,458 | - | ||
| 139,482 | 461,830 | 25,602 | ||
| -6.4% | -3.2% | -0.5% | ||
| 1.02 | 1.12 | 1.01 | ||
| 0.12 | 0.07 | 0.03 | ||
| -4.1% | -2.9% | -2.3% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2023 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| part-time | 0 |
| in full-time equivalents | 1 |
| 0.4 | |
| On a permanent contract | 1 |
| Joined | 2 |
| Left | 1 |
Source: social balance sheet in the 2023 annual accounts
Securities and guarantees
on own assets and for others| Item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Debts secured on the company's own assets | €1.8m | €2.4m | - |
| Mortgages, amount registered | €75,000 | €75,000 | €50,000 |
| €4.5m | €4.5m | €3.1m | |
| Carrying value of the mortgaged assets | €5.2m | €4.0m | €2.6m |
Source: notes to the 2022 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Insights on EVM Projects
The operating result for 2024 is a loss of €127,388, larger than the loss of €36,106 in 2023. It is the lowest result since 2022.
Equity is negative. Debt (€6.5m) exceeds the balance-sheet total (€6.1m).