EVOLUTION CATALYST
Annual accounts 2025
micro format, filed on 31-07-2026, on the day of the deadlineTurnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €3,987 on 31-12-2025in euro
in euro
Position in the sector
-
Higher than 13% of 18,238 companies in 2023.
-
Higher than 15% of 17,727 companies in 2023.
-
Lower than 95% of 17,865 companies in 2023.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
3,987 | 4,943 | 7,530 | 9,159 | 17,894 | 12,499 | 13,742 | 7,922 | 1,172 | 1,948 | 31,278 | 25,007 | |
21/28 |
1,015 | 1,443 | 1,035 | 370 | 250 | 250 | 250 | 154 | 154 | 78 | 2,911 | 5,745 | |
22/27 |
645 | 1,073 | 665 | - | - | - | - | - | - | - | 2,833 | 5,667 | |
23 |
- | - | - | - | - | - | - | - | - | - | 2,333 | 4,667 | |
24 |
645 | 1,073 | 665 | - | - | - | - | - | - | - | 500 | 1,000 | |
28 |
370 | 370 | 370 | 370 | 250 | 250 | 250 | 154 | 154 | 78 | 78 | 78 | |
29/58 |
2,972 | 3,500 | 6,495 | 8,789 | 17,644 | 12,249 | 13,492 | 7,768 | 1,018 | 1,870 | 28,367 | 19,262 | |
29 |
0 | 500 | 500 | 4,500 | 4,500 | - | - | - | - | - | - | - | |
291 |
0 | 500 | 500 | 4,500 | 4,500 | - | - | - | - | - | - | - | |
40/41 |
1,000 | - | 1,537 | 2,070 | 6,998 | 5,089 | 8,964 | 7,616 | 887 | 1,870 | - | 7,142 | |
40 |
1,000 | - | 1,500 | - | 4,660 | - | 4,840 | 6,816 | - | - | - | 726 | |
41 |
- | - | 37 | 2,070 | 2,338 | 5,089 | 4,124 | 800 | 887 | 1,870 | - | 6,416 | |
50/53 |
875 | 2,375 | 3,760 | - | - | - | 200 | - | - | - | - | - | |
54/58 |
1,097 | 625 | 698 | 2,219 | 6,146 | 7,160 | 4,328 | 152 | 131 | - | 28,367 | 12,120 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
3,987 | 4,943 | 7,530 | 9,159 | 17,894 | 12,499 | 13,742 | 7,922 | 1,172 | 1,948 | 31,278 | 25,007 | |
10/15 |
-8,491 | -5,352 | 1,006 | 5,553 | 11,021 | 8,759 | 7,802 | 5,169 | 70 | 589 | 9,210 | 11,020 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
925 | 925 | 925 | 925 | 925 | 925 | 925 | 775 | 520 | 520 | 520 | 520 | |
130/1 |
925 | 925 | 925 | 925 | 925 | 925 | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 925 | 775 | 520 | 520 | 520 | 520 | |
1311 |
925 | 925 | 925 | 925 | 925 | 925 | - | - | - | - | - | - | |
14 |
-15,616 | -12,477 | -6,119 | -1,572 | 3,896 | 1,634 | 677 | -1,806 | -6,650 | -6,131 | 2,490 | 4,300 | |
17/49 |
12,478 | 10,295 | 6,524 | 3,606 | 6,873 | 3,740 | 5,940 | 2,753 | 1,102 | 1,359 | 22,068 | 13,987 | |
42/48 |
12,478 | 10,295 | 6,524 | 3,606 | 6,873 | 3,740 | 5,940 | 2,753 | 1,102 | 1,359 | 22,068 | 13,987 | |
43 |
- | - | - | - | - | - | - | - | - | 423 | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | 423 | - | - | |
44 |
169 | 272 | 1,822 | 2,455 | 1,555 | 1,522 | 3,749 | 575 | 983 | 933 | 669 | 7,529 | |
440/4 |
169 | 272 | 1,822 | 2,455 | 1,555 | 1,522 | 3,749 | 575 | 983 | 933 | 669 | 7,529 | |
46 |
- | - | - | - | - | - | - | - | - | - | 1,500 | - | |
45 |
823 | 998 | 1,017 | 1,151 | 5,318 | 2,218 | 2,191 | - | - | - | 9,842 | 6,458 | |
450/3 |
823 | 998 | 1,017 | 1,151 | 4,318 | 2,218 | 2,191 | - | - | - | 9,842 | 6,458 | |
454/9 |
- | - | - | - | 1,000 | - | - | - | - | - | - | - | |
47/48 |
11,486 | 9,025 | 3,685 | - | - | - | - | 2,178 | 119 | 3 | 10,057 | - | |
| Income statement | |||||||||||||
9900 |
-977 | -5,804 | -4,247 | -5,339 | 3,412 | 1,834 | 3,774 | 6,298 | -151 | -5,257 | 1,942 | 10,398 | |
630 |
428 | 360 | 24 | - | - | - | - | - | - | 2,833 | 2,834 | 2,833 | |
640/8 |
1,304 | - | - | 12 | 348 | 367 | 348 | 878 | 347 | 348 | 641 | 791 | |
66A |
171 | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
-2,880 | -6,164 | -4,271 | -5,351 | 3,064 | 1,467 | 3,426 | 5,420 | -498 | -8,438 | -1,533 | 6,774 | |
75/76B |
- | - | - | 142 | 231 | 417 | 154 | 1 | - | 68 | 17 | 282 | |
75 |
- | - | - | 142 | 231 | 417 | 154 | 1 | - | 68 | 17 | 282 | |
65/66B |
259 | 194 | 254 | 259 | 338 | 123 | 237 | 322 | 21 | 280 | 146 | 86 | |
65 |
259 | 194 | 254 | 259 | 338 | 123 | 237 | 322 | 21 | 280 | 146 | 86 | |
9903 |
-3,139 | -6,358 | -4,525 | -5,468 | 2,957 | 1,761 | 3,343 | 5,099 | -519 | -8,650 | -1,662 | 6,970 | |
67/77 |
- | - | - | - | 695 | 804 | 710 | - | - | -29 | 148 | 2,150 | |
9904 |
-3,139 | -6,358 | -4,525 | -5,468 | 2,262 | 957 | 2,633 | 5,099 | -519 | -8,621 | -1,810 | 4,820 | |
9905 |
-3,139 | -6,358 | -4,525 | -5,468 | 2,262 | 957 | 2,633 | 5,099 | -519 | -8,621 | -1,810 | 4,820 | |
| Appropriation of the result | |||||||||||||
9906 |
-15,616 | -12,477 | -6,119 | -1,572 | 3,896 | 1,634 | 827 | -1,551 | -6,650 | -6,131 | 2,490 | 4,820 | |
14P |
-12,477 | -6,119 | -1,594 | 3,896 | 1,634 | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 150 | 255 | - | - | - | 520 | |
6920 |
- | - | - | - | - | - | 150 | 255 | - | - | - | 520 | |
| Document | |||||||||||||
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 accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00385568 | |
| 31-12-2024 | micro format | 09-07-2025 | 2025-00250001 | |
| 31-12-2023 | micro format | 23-07-2024 | 2024-00277841 | |
| 31-12-2022 | micro format | 21-06-2023 | 2023-00168034 | |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20267123 | |
| 31-12-2020 | micro format | 04-06-2021 | 2021-17500597 | |
| 31-12-2019 | micro format | 17-06-2020 | 2020-17900286 | |
| 31-12-2018 | micro format | 11-07-2019 | 2019-31800287 | |
| 31-12-2017 | micro format | 20-06-2018 | 2018-21100562 | |
| 31-12-2016 | micro format | 11-09-2017 | 2017-60800563 | |
| 31-12-2015 | full format | 17-06-2016 | 2016-19500308 | |
| 31-12-2014 | full format | 15-12-2015 | 2015-68900068 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -2,452 | -5,804 | -4,247 | - | - | - | - | - | - | -5,605 | 1,301 | 9,607 | ||
| -2,711 | -5,998 | -4,501 | - | - | - | - | - | - | -5,788 | 1,024 | 7,653 | ||
| 0 | 768 | 689 | 120 | - | - | 96 | - | 76 | 0 | 0 | 8,578 | ||
| 472 | -73 | -1,521 | -3,927 | -1,014 | 2,832 | 4,176 | 21 | - | - | 16,247 | - | ||
| -9,506 | -6,795 | -29 | 5,183 | 10,771 | 8,509 | 7,552 | 5,015 | -84 | 511 | 6,299 | 5,275 | ||
| - | - | 13.4% | 60.6% | 61.6% | 70.1% | 56.8% | 65.2% | - | - | 29.4% | 44.1% | ||
| - | - | 1.00 | 2.44 | 2.57 | 3.28 | 2.27 | 2.82 | - | - | 1.29 | 1.38 | ||
| - | - | 6.49 | 0.65 | 0.62 | 0.43 | 0.76 | 0.53 | - | - | 2.40 | 1.27 | ||
| - | - | -449.8% | -98.5% | 20.5% | 10.9% | 33.7% | 98.6% | - | - | -19.7% | 43.7% | ||
| - | - | -60.1% | -59.7% | 12.6% | 7.7% | 19.2% | 64.4% | - | - | -5.8% | 19.3% | ||
| -9.47 | -29.92 | -16.72 | - | - | - | - | - | - | - | - | - |
The ratios are withheld because a balance sheet total of €3,987 is too small for a meaningful ratio.
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €768 | €689 | - | - |
| Financial fixed assets | - | - | - | €120 | - |
| €428 | €360 | €24 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on EVOLUTION CATALYST
The operating result for 2025 is a loss of €2,880, smaller than the loss of €6,164 in 2024.
Equity is negative. Debt (€12,478) exceeds the balance-sheet total (€3,987).