EVMOOV
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 24-04-2026 PDF all 30 filings
Turnover
≈ €280,000
Estimated: probably between €140,000 and €490,000
Total assets
€169,159▼ 20.6%
2024 · €213,134
Net result
€8,204▲ 4.4%
2024 · €7,859
Working capital
-€11,679▼ 866%
2024 · -€1,209
Multi-year overview
2020 to 2025, 6 financial yearsOperating result
€5,689
▼ 20.9%
2025
20202025
Net result
€8,204
▲ 4.4%
2025
middle half of the sector
20202025
Equity
€3,789
▼ 64.6%
2025
lowest quarter of the sector
20202025
Total assets
€169,159
▼ 20.6%
2025
middle half of the sector
20202025
Debt
€165,370
▼ 18.3%
2025
20202025
Working capital
-€11,679
▼ 866%
2025
lowest quarter of the sector
20202025
Solvency
2.2%
▼ 2.8pp
2025
lowest quarter of the sector
20202025
Current ratio
0.92
▼ 0.07
2025
lowest quarter of the sector
20202025
Return on assets (ROA)
4.8%
▲ 1.2pp
2025
middle half of the sector
20202025
Staff (FTE)
no figure
2025
20202025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022202320242025
Operating result-€403--€1,633▼ 306%-€11,091▼ 579%€40,261€7,193▼ 82.1%€5,689▼ 20.9%
Net result-€438within the sector's middle half--€1,668within the sector's middle half▼ 281%-€11,232below the sector's middle half▼ 574%€40,270above the sector's middle half€7,859within the sector's middle half▼ 80.5%€8,204within the sector's middle half▲ 4.4%
Equity-€24,522below the sector's middle half--€26,190below the sector's middle half▼ 6.8%-€37,422below the sector's middle half▼ 42.9%€2,848below the sector's middle half€10,707within the sector's middle half▲ 276%€3,789below the sector's middle half▼ 64.6%
Total assets€4,789below the sector's middle half-€3,538below the sector's middle half▼ 26.1%€97below the sector's middle half▼ 97.3%€150,002within the sector's middle half▲ 1,543×€213,134within the sector's middle half▲ 42.1%€169,159within the sector's middle half▼ 20.6%
Debt€29,311-€29,728▲ 1.4%€37,520▲ 26.2%€147,154▲ 292%€202,428▲ 37.6%€165,370▼ 18.3%
Working capital-€24,522below the sector's middle half--€26,190below the sector's middle half▼ 6.8%-€37,422below the sector's middle half▼ 42.9%€1,848within the sector's middle half-€1,209within the sector's middle half-€11,679below the sector's middle half▼ 866%
Solvency1.9%below the sector's middle half5.0%below the sector's middle half▲ 3.1pp2.2%below the sector's middle half▼ 2.8pp
Current ratio1.01within the sector's middle half0.99within the sector's middle half▼ 0.020.92below the sector's middle half▼ 0.07
Return on assets (ROA)26.8%above the sector's middle half3.7%within the sector's middle half▼ 23.2pp4.8%within the sector's middle half▲ 1.2pp
Staff (FTE)1
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). 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 2025 is 21% lower than in 2024. It is the second fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff figure correction
- 2025 The accounts state 39,971.6 FTE. That amounts to under EUR 100 of staff costs per FTE. The figure is therefore left out.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169,159
Fixed assets
€34,218 ▲ 187%
Current assets
€134,941 ▼ 32.9%
Equity and liabilities €169,159
Equity
€3,789 ▼ 64.6%
Debt
€165,370 ▼ 18.3%
Debt's share of the balance-sheet total rises from 95.0% to 97.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€11,459
Cash flow
€13,974
Quick ratio
0.73▼
2024 · 0.91
Debt to equity
43.65▲
2024 · 18.91
ROE
216.5%▲
2024 · 73.4%
Interest coverage
11.44
Debt ≤ 1 year
€146,620▼
2024 · €202,428
Debt > 1 year
€18,751
Staff costs
€39,972▲
2024 · €19,558
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 2 |
| part-time | 1 | 2 |
| in full-time equivalents | 0.5 | 1 |
| Average over the year, in full-time equivalents | 0.5 | - |
| On a permanent contract | 1 | 2 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €10,916 | €28,073 |
| Financial fixed assets | - | - | €1,000 | - | - |
| Depreciation and write-downs of the year | - | - | - | - | €5,770 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 · 1 entry · €818 paidAnnual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €455 | €19,558 | €39,972 | ▲ 104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | - | €5,770 | - |
| Other operating charges640/8 | - | €403 | €348 | €969 | - | €1,114 | - |
| Gross operating margin9900 | - | -€1,230 | -€10,743 | €41,685 | €26,751 | €52,545 | ▲ 96.4% |
| Operating profit (loss)9901 | -€403 | -€1,633 | -€11,091 | €40,261 | €7,193 | €5,689 | ▼ 20.9% |
| Financial income75/76B | - | - | - | €58 | €716 | €3,516 | ▲ 391% |
| Recurring financial income75 | - | - | - | €58 | €716 | €3,516 | ▲ 391% |
| Financial charges65/66B | - | €35 | €142 | €49 | €51 | €1,001 | ▲ 20× |
| Recurring financial charges65 | €35 | €35 | €142 | €49 | €51 | €1,001 | ▲ 20× |
| Profit (loss) for the period before taxes9903 | -€438 | -€1,668 | -€11,232 | €40,270 | €7,859 | €8,204 | ▲ 4.4% |
| Profit (loss) for the period9904 | -€438 | -€1,668 | -€11,232 | €40,270 | €7,859 | €8,204 | ▲ 4.4% |
| Profit (loss) for the period to be appropriated9905 | -€438 | -€1,668 | -€11,232 | €40,270 | €7,859 | €8,204 | ▲ 4.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €4,789 | €3,538 | €97 | €150,002 | €213,134 | €169,159 | ▼ 20.6% |
| Fixed assets21/28 | - | - | - | €1,000 | €11,916 | €34,218 | ▲ 187% |
| Tangible fixed assets22/27 | - | - | - | - | €10,916 | €33,218 | ▲ 204% |
| Plant, machinery and equipment23 | - | - | - | - | €10,916 | €9,824 | ▼ 10.0% |
| Furniture and vehicles24 | - | - | - | - | - | €23,394 | - |
| Financial fixed assets28 | - | - | - | €1,000 | €1,000 | €1,000 | = |
| Current assets29/58 | €4,789 | €3,538 | €97 | €149,002 | €201,218 | €134,941 | ▼ 32.9% |
| Stocks and contracts in progress3 | - | - | - | - | €16,270 | €27,427 | ▲ 68.6% |
| Stocks30/36 | - | - | - | - | €16,270 | €27,427 | ▲ 68.6% |
| Amounts receivable within one year40/41 | - | - | €70 | €86,327 | €104,623 | €88,546 | ▼ 15.4% |
| Trade receivables40 | - | - | - | €61,584 | €72,908 | €69,815 | ▼ 4.2% |
| Other amounts receivable41 | - | - | €70 | €24,743 | €31,715 | €18,730 | ▼ 40.9% |
| Cash at bank and in hand54/58 | €4,789 | €3,538 | €27 | €62,675 | €73,480 | €13,306 | ▼ 81.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €6,845 | €5,662 | ▼ 17.3% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €4,789 | €3,538 | €97 | €150,002 | €213,134 | €169,159 | ▼ 20.6% |
| Equity10/15 | -€24,522 | -€26,190 | -€37,422 | €2,848 | €10,707 | €3,789 | ▼ 64.6% |
| Contributions10/11 | €15,122 | €15,122 | €15,122 | €15,122 | €15,122 | - | - |
| Capital10 | - | €15,122 | €15,122 | €15,122 | €15,122 | - | - |
| Issued capital100 | - | €18,592 | €18,592 | €18,592 | €18,592 | - | - |
| Uncalled capital101 | - | €3,471 | €3,471 | €3,471 | €3,471 | - | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€41,503 | -€43,171 | -€54,403 | -€14,133 | -€6,274 | €1,929 | - |
| Amounts payable17/49 | €29,311 | €29,728 | €37,520 | €147,154 | €202,428 | €165,370 | ▼ 18.3% |
| Amounts payable after more than one year17 | - | - | - | - | - | €18,751 | - |
| Financial debts170/4 | - | - | - | - | - | €18,751 | - |
| Amounts payable within one year42/48 | €29,311 | €29,728 | €37,520 | €147,154 | €202,428 | €146,620 | ▼ 27.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €5,362 | - |
| Trade debts44 | - | €417 | €3,008 | €72,136 | €133,235 | €51,923 | ▼ 61.0% |
| Suppliers440/4 | - | €417 | €3,008 | €72,136 | €133,235 | €51,923 | ▼ 61.0% |
| Other amounts payable47/48 | - | €29,311 | €34,511 | €75,018 | €69,193 | €89,335 | ▲ 29.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€438 | -€1,668 | -€11,232 | €40,270 | €7,859 | €8,204 | ▲ 4.4% |
| + Depreciation and write-downs630 | - | - | - | - | - | €5,770 | - |
| Operating cash flow (approximation) | -€438 | -€1,668 | -€11,232 | €40,270 | €7,859 | €13,974 | ▲ 77.8% |
| Investment in fixed assets (approximation) | - | - | - | - | -€10,916 | -€28,073 | ▼ 157% |
| Change in cash | - | -€1,251 | -€3,511 | €62,648 | €10,805 | -€60,174 | - |
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, 1,083 companies had the same profile as EVMOOV has now. Two years later, 96.9% were still going and 0.8% had gone bankrupt.
- Micro
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
96.9%
was still going
2.2%
stopped otherwise
0.8%
went bankrupt
That fits the bankruptcy probability of EVMOOV itself: 0.2% 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 1,083 companies, not a prediction for EVMOOV. 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 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-04-2026 | 2026-00098852 | |
| 31-12-2024 | micro format | 02-07-2025 | 2025-00231775 | |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00197162 | |
| 31-12-2022 | micro format | 11-06-2024 | 2024-00131336 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20401197 | |
| 31-12-2020 | micro format | 28-01-2022 | 2022-03700106 | |
| 31-12-2017 | micro format | 22-08-2018 | 2018-48500408 | |
| 31-12-2016 | micro format | 24-08-2017 | 2017-46900514 | |
| 31-12-2015 | full format | 18-08-2016 | 2016-44000311 | |
| 31-12-2014 | full format | 14-08-2015 | 2015-42200295 |