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EVOLUTION CHANGE MANAGEMENT

Active Public limited companyfounded 1998active for 28 yearsTervurenlaan 233, 1150 Woluwe-Saint-PierreKBO/BCE: BE 0464.363.150
EVOLUTION CHANGE MANAGEMENT
Financial year 2025
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Annual accounts 2025

abbreviated format, filed on 19-06-2026, 42 days before the deadline
€249,096
▼ 9.9%
€25,746
▼ 48.1%
€26,718
▲ 121%
-€387,480
▼ €36,919
34.6%
▲ 2.1 percentage points
0.13
▼ 0.00

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €400,000. Estimated: probably between €320,000 and €520,000.

Balance sheet

balance sheet total €4.4m on 31-12-2025
What the company ownsHow it is paid for

in €m

in euro

Position in the sector

Compare with sector

34.6%

Higher than 35% of 10,856 companies in 2025.

0.13

Higher than 9% of 10,478 companies in 2025.

0.6%

Higher than 27% of 10,725 companies in 2025.

EVOLUTION CHANGE MANAGEMENT Middle half of the sector 80% of the sector Abbreviated accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Staff

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 4.4m4.6m4.9m5.2m5.4m5.7m6.1m2.1m4.4m3.5m3.1m3.3m3.0m2.9m2.6m2.8m2.5m1.7m1.7m1.6m
20 -------0------------
21/28 4.3m4.5m4.7m4.9m5.1m5.3m5.6m889,402840369,689393,008415,828435,179453,992477,972496,568530,462576,335627,569671,247
21 -------0------------
22/27 4.3m4.5m4.7m4.9m5.1m5.3m5.6m889,402840369,689393,008415,828435,179453,992477,972496,568530,462576,335627,569671,247
22 4.3m4.5m4.7m4.9m5.1m5.3m5.6m889,402-367,039388,549409,559431,299453,758476,790495,140529,105567,785606,995640,870
23 -------08402,6504,4606,2693,8802341,1821,4281,3564,3946,6676,643
24 -------0---------4,15513,90823,733
26 -------0------------
27 -------0------------
28 -------0------------
29/58 60,26155,492141,937244,576264,303306,309516,2411.2m4.4m3.2m2.7m2.9m2.6m2.4m2.1m2.3m1.9m1.1m1.0m931,438
29 -------0------------
290 -------0------------
291 -------0------------
3 -------0------------
30/36 -------0------------
37 -------0------------
40/41 --1022,2276,22711,76712,1629,4527,417-60,500-75,27413,248118,5802,8815,9928,3691,35517,507
40 ---12,1006,100--0--60,500-72,600-118,5801,1684,692---
41 --1010,12712711,76712,1629,4527,417---2,67413,248-1,7141,3008,3691,35517,507
50/53 ----74,43944,691271,205306,8861.1m2.3m2.5m1.3m1.4m451,6671.8m1.8m1.2m978,155694,170231,668
54/58 60,26155,492141,926222,349182,100213,537228,939892,7863.3m855,536174,2211.6m1.1m1.9m241,907512,915700,96495,769331,090677,689
490/1 ----1,53736,3153,934919--1109331,4687243577002,9353524,575
Balance sheet: equity and liabilities
10/49 4.4m4.6m4.9m5.2m5.4m5.7m6.1m2.1m4.4m3.5m3.1m3.3m3.0m2.9m2.6m2.8m2.5m1.7m1.7m1.6m
10/15 1.5m1.5m1.5m1.5m1.4m1.1m1.2m1.8m1.9m3.5m3.1m3.3m3.0m2.8m2.5m2.7m2.3m1.6m1.5m1.5m
10/11 61,97361,97361,97361,97361,97361,97361,97361,97361,9732.2m2.2m2.2m2.2m61,97361,97361,97361,97361,97361,97361,973
10 61,97361,97361,97361,97361,973---------------
100 61,97361,97361,97361,97361,97361,97361,97361,97361,9732.2m2.2m2.2m2.2m61,97361,97361,97361,97361,97361,97361,973
101 -------0------------
11 -------0------------
1100/10 -------0------------
12 -------0------------
13 1.7m1.8m1.8m1.8m1.8m1.8m1.8m1.9m1.9m1.3m1.1m309,22825,5756,1976,1976,1976,1976,1976,1976,197
130/1 51,15151,15151,15151,15151,15151,151-0------------
130 51,15151,15151,15151,15151,15151,15151,15151,15151,15151,15141,09841,09825,5756,1976,1976,1976,1976,1976,1976,197
1312 -------0------------
1319 -------0------------
132 395,220412,496429,773447,049464,326481,602498,878516,155530,034-----------
133 1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.2m1.0m268,130--------
14 -273,937-317,931-347,273-375,423-481,929-750,323-659,421-90,545---213,907759,430759,4302.8m2.4m2.6m2.2m1.5m1.5m1.5m
15 -------0------------
19 -------0------------
16 203,507212,403221,299230,195239,091247,987256,884265,780272,926-----119,756107,96096,16484,36872,57260,776
160/5 -------0------119,756107,96096,16484,36872,57260,776
160 -------0------------
161 -------0------------
162 -------0------------
163 -------0------------
164/5 -------0------------
168 203,507212,403221,299230,195239,091247,987256,884265,780272,926-----------
17/49 2.7m2.9m3.2m3.5m3.8m4.3m4.6m7,4192.2m50,12312,84454,25520,40622,01621,97112,57555,9333,69139,66222,588
17 2.2m2.5m2.7m3.0m3.2m3.5m3.7m0------------
170/4 2.2m2.5m2.7m3.0m3.2m3.5m3.7m0------------
175 -------0------------
176 -------0------------
178/9 -------0------------
42/48 447,742406,053443,468496,236534,095791,811845,5206,9222.2m50,12312,84454,25520,40612,01621,87212,57555,9333,60939,65020,075
42 261,363257,701248,904245,418262,416258,741240,1480------------
43 -------0------------
430/8 -------0------------
439 -------0------------
44 -36054,6809924,1401,1069076451,9311,3761,6128,13420,0999,6041,0872,7213,5281,9105,1166,912
440/4 -36054,6809924,1401,1069076451,9311,3761,6128,13420,0999,6041,0872,7213,5281,9105,1166,912
441 -------0------------
46 -------0------------
45 -8,8086,94230,58449,7715,6972,6826,27729,37448,74711,23219,345-2,09620,6659,85552,4051,69934,53313,163
450/3 -8,8086,94230,58449,7715,6972,6826,27729,37448,74711,23219,345-2,09620,6659,85550,2501,69924,018-
454/9 -------0--------2,155-10,51513,163
47/48 186,378139,184132,942219,242217,768526,267601,78302.1m--26,776306316120-----
492/3 8,4667,6457,945-16,344509770497-----10,000100--82122,513
Income statement
76A -------0802,961---4079,955------
9900 249,096276,317274,164315,553504,783301,27823,981-53,923875,58471,837-16,962107,794115,80628,436172,114253,743326,134608,680214,107169,315
62 -------0------4679,12530,89272,47589,82378,674
630 205,802205,802205,576204,674204,674204,674702,89631,4771,81023,31923,68523,54923,66323,98034,88736,98145,87357,21160,90159,818
631/4 -------0------------
635/8 -------0------11,79611,79611,79611,79611,79611,796
640/8 17,54820,94012,68118,40017,96517,8685,3231,7452,9163,9223,7793,7463,7365,8044,0644,1363,8183,6433,6184,003
649 -------0------------
66A -------0----------31,345-
9901 25,74649,57655,90792,479282,14578,737-684,237-87,146870,85844,595-44,42780,49988,407-1,348120,900191,704233,755463,55547,97015,023
75/76B 40,024--35,368144,374492,499421,403386,378152,969500,604246,540230,185299,476511,237159,764245,978709,86224,6718,76316,445
75 40,024--35,368144,374492,499421,403386,378152,969500,604246,540230,185299,476511,237159,764245,978709,86224,6718,76316,445
76B -------0------------
65/66B 47,94946,40653,93047,513184,298688,311332,214395,446144,339110,126338,139218259128,579476,31156,975161,432320,1892,407475
65 47,94946,40653,93047,513184,298688,311332,214395,446144,339110,126338,139218259128,579476,31156,975161,432320,1892,407475
66B -------0------------
9903 17,8213,1701,97780,334242,221-117,075-595,048-96,214879,488435,073-136,026310,466388,031391,265-195,646380,706782,185168,03722,98130,994
780 8,8968,8968,8968,8968,896---------------
67/77 ------015,3587,58320,10677,88126,81348265,59727,36652,452136,834-864
9904 26,71812,06610,87389,230251,117-108,179-586,152-104,425598,979414,967-213,907283,653387,549391,259-201,243353,340729,73231,20322,98130,130
789 17,27617,27617,27617,27617,27617,27617,27613,879------------
689 -------0530,034-----------
9905 43,99429,34228,150106,507268,394-90,902-568,875-90,54568,945414,967-213,907283,653387,549391,259-201,243353,340729,73231,20322,98130,130
Appropriation of the result
9906 -273,937-317,931-347,273-375,423-481,929-750,323-659,421-90,54568,945201,060545,5231.0m3.2m2.8m2.4m2.6m2.2m1.5m1.5m1.5m
14P -317,931-347,273-375,423-481,929-750,323---------------
791/2 -------0------------
691/2 -------068,945201,060759,430283,65319,377-------
691 -------0------------
6920 -------0-10,053-15,52319,377-------
6921 -------068,945191,007759,430268,130--------
694/7 -------0----2.4m-------
694 -------0----2.4m-------
695 -------0------------
696 -------0------------
Social balance sheet
9087 ---------------0.312.83.23.2
Hours worked1013 ---------------4781,7723,3064,1523,818
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 8 older financial years (1998-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 4 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 19-06-2026.

Download as CSV

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 abbreviated format 19-06-2026 2026-00175570 PDF
31-12-2024 micro format 09-07-2025 2025-00248039 PDF
31-12-2023 micro format 28-06-2024 2024-00178992 PDF
31-12-2022 micro format 04-07-2023 2023-00196988 PDF
31-12-2021 abbreviated format 12-07-2022 2022-20181688 PDF
31-12-2020 abbreviated format 23-06-2021 2021-24100281 PDF
31-12-2019 abbreviated format 23-09-2020 2020-54900534 PDF
31-12-2018 micro format 24-07-2019 2019-37500495 PDF
31-12-2017 micro format 03-07-2018 2018-28200076 PDF
31-12-2016 micro format 05-07-2017 2017-27600462 PDF
31-12-2015 abbreviated format 05-07-2016 2016-28000457 PDF
31-12-2014 abbreviated format 06-07-2015 2015-27100163 PDF
31-12-2013 abbreviated format 17-06-2014 2014-18700324 PDF
31-12-2012 abbreviated format 12-07-2013 2013-30100344 PDF
31-12-2011 abbreviated format 31-07-2012 2012-36300359 PDF
31-12-2010 abbreviated format 05-07-2011 2011-26100528 PDF
31-12-2009 abbreviated format 29-07-2010 2010-35300254 PDF
31-12-2008 abbreviated format 20-07-2009 2009-43200313 PDF
31-12-2007 abbreviated format 30-06-2008 2008-30400357 PDF
31-12-2006 abbreviated format 22-06-2007 2007-25800194 PDF
31-12-2005 abbreviated format 28-06-2006 2006-34204013 PDF
31-12-2004 abbreviated format 21-06-2005 2005-29603313 PDF
31-12-2003 abbreviated format 23-06-2004 2004-29603363 PDF
31-12-2002 abbreviated format 26-06-2003 2003-31701377 PDF
31-12-2001 abbreviated format 19-06-2002 2002-24703021 PDF
31-12-2000 abbreviated format 05-07-2001 2001-34401652 PDF
31-12-1999 abbreviated format 15-06-2000 2000-22700122 PDF
31-12-1998 abbreviated format 29-06-1999 1999-26105241 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
231,548255,377261,483297,153486,818283,41018,659-55,669872,66867,915-20,741104,048112,07022,632155,787228,685279,628520,766108,87074,841
232,519217,867216,449293,904455,79196,495116,744-72,947600,789438,286-190,221307,202411,212415,239-166,356390,322775,60688,41483,88289,948
0011,2780005.4m920,039-367,03908654,1994,850016,2913,08805,97717,22325,301
4,770-86,434-80,42340,250-31,437-15,403-663,847-2.4m2.4m681,315-1.4m513,095-867,4821.7m-271,007-188,049605,194-235,321-346,599-
-387,480-350,562-301,531-251,660-269,792-485,501-329,2791.2m2.2m3.1m2.7m2.9m2.6m2.4m2.1m2.3m1.9m1.1m987,317911,363
34.6%32.5%30.4%28.4%25.6%20.0%20.4%87.0%44.0%98.6%99.6%98.4%99.3%99.2%94.5%95.7%93.8%94.7%93.2%94.8%
0.130.140.320.490.490.390.61-2.0163.06-53.77--96.89-34.41-25.9046.40
1.751.932.152.362.743.783.690.001.130.010.000.020.010.010.010.000.020.000.030.01
1.8%0.8%0.7%6.1%18.2%-9.6%-47.3%-5.7%31.0%11.9%-7.0%8.7%12.9%13.7%-8.2%13.3%31.7%2.0%1.5%2.0%
0.6%0.3%0.2%1.7%4.6%-1.9%-9.7%-5.0%13.7%11.8%-6.9%8.5%12.9%13.6%-7.7%12.7%29.7%1.9%1.4%1.9%
4.835.504.856.252.64---------------

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
Item20252024202320222021
Tangible fixed assets--€11,278--
€205,802€205,802€205,576€204,674€204,674

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on EVOLUTION CHANGE MANAGEMENT

The operating result for 2025 is 48% lower than in 2024 and the lowest since 2019. It is the fourth fall in a row.

Debt's share of the balance-sheet total falls from 62.8% to 60.7%. Equity is higher and debt is lower.

Large changes and their cause
  • 2022 Net result -64% on 2021. The accounts now follow the micro format, last year the abbreviated format.

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