EVOLVE
ActiveSummary
The computed 12-month bankruptcy probability of EVOLVE is 4.5% (elevated). For EVOLVE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €424,699 and a net result of €87,415. Equity is growing by about 31% per year across the filed financial years. The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 October 2024 Financial year closed on 31 March 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 20 October 2026.
2020 to 2023, 4 financial years
The operating result falls in 2023; 2023 is 9% below 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €13,250 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59,691 | €43,213 | €7,630 | €4,852 | ▼ 36.4% |
| Other operating charges640/8 | - | - | €4,909 | €7,250 | ▲ 47.7% |
| Gross operating margin9900 | €314,906 | €69,977 | €175,366 | €160,794 | ▼ 8.3% |
| Operating profit (loss)9901 | €252,471 | €23,661 | €162,827 | €148,692 | ▼ 8.7% |
| Financial income75/76B | - | - | €6,323 | €7,080 | ▲ 12.0% |
| Recurring financial income75 | €600 | €0 | €6,323 | €7,080 | ▲ 12.0% |
| Financial charges65/66B | - | - | €666 | €1,469 | ▲ 121% |
| Recurring financial charges65 | €1,450 | €329 | €666 | €1,469 | ▲ 121% |
| Profit (loss) for the period before taxes9903 | €251,622 | €23,333 | €168,484 | €154,303 | ▼ 8.4% |
| Income taxes67/77 | €69,931 | €7,709 | €34,714 | €66,888 | ▲ 92.7% |
| Profit (loss) for the period9904 | €181,690 | €15,624 | €133,770 | €87,415 | ▼ 34.7% |
| Profit (loss) for the period to be appropriated9905 | €181,690 | €15,624 | €133,770 | €87,415 | ▼ 34.7% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €311,856 | €292,332 | €496,071 | €582,890 | ▲ 17.5% |
| Fixed assets21/28 | €83,012 | €41,186 | €13,368 | €8,517 | ▼ 36.3% |
| Intangible fixed assets21 | €28,889 | €2,222 | - | - | - |
| Tangible fixed assets22/27 | €47,948 | €32,789 | €7,193 | €2,342 | ▼ 67.4% |
| Plant, machinery and equipment23 | - | - | €2,645 | €1,296 | ▼ 51.0% |
| Furniture and vehicles24 | - | - | €4,548 | €1,045 | ▼ 77.0% |
| Financial fixed assets28 | €6,175 | €6,175 | €6,175 | €6,175 | = |
| Current assets29/58 | €228,844 | €251,146 | €482,702 | €574,373 | ▲ 19.0% |
| Stocks and contracts in progress3 | - | - | - | €70,000 | - |
| Stocks30/36 | - | - | - | €70,000 | - |
| Amounts receivable within one year40/41 | €218,658 | €224,237 | €460,015 | €443,804 | ▼ 3.5% |
| Trade receivables40 | - | - | €26,354 | - | - |
| Other amounts receivable41 | - | - | €433,661 | €443,804 | ▲ 2.3% |
| Cash at bank and in hand54/58 | €8,960 | €26,908 | €16,396 | €51,578 | ▲ 215% |
| Deferred charges and accrued income490/1 | - | - | €6,292 | €8,991 | ▲ 42.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €311,856 | €292,332 | €496,071 | €582,890 | ▲ 17.5% |
| Equity10/15 | €187,890 | €203,514 | €337,284 | €424,699 | ▲ 25.9% |
| Contributions10/11 | - | - | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €181,690 | €197,314 | €331,084 | €418,499 | ▲ 26.4% |
| Amounts payable17/49 | €123,965 | €88,818 | €158,787 | €158,191 | ▼ 0.4% |
| Amounts payable within one year42/48 | €123,965 | €88,818 | €62,787 | €62,191 | ▼ 0.9% |
| Trade debts44 | €54,002 | €3,271 | - | €882 | - |
| Suppliers440/4 | - | - | - | €882 | - |
| Advances received on contracts in progress46 | - | - | - | €17,256 | - |
| Taxes, remuneration and social security45 | - | - | €62,787 | €44,053 | ▼ 29.8% |
| Taxes450/3 | - | - | €62,787 | €44,053 | ▼ 29.8% |
| Accrued charges and deferred income492/3 | - | - | €96,000 | €96,000 | = |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €181,690 | €15,624 | €133,770 | €87,415 | ▼ 34.7% |
| + Depreciation and write-downs630 | €59,691 | €43,213 | €7,630 | €4,852 | ▼ 36.4% |
| Operating cash flow (approximation) | €241,381 | €58,837 | €141,400 | €92,267 | ▼ 34.7% |
| Investment in fixed assets (approximation) | - | -€1,388 | €20,188 | €0 | ▼ 100% |
| Change in cash | - | €17,948 | -€10,513 | €35,182 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2023 | micro format | 31-10-2023 | 2023-00506236 |
| 31-03-2022 | micro format | 03-11-2022 | 2022-20483333 |
| 31-03-2021 | micro format | 09-12-2021 | 2021-79800113 |
| 31-03-2020 | micro format | 30-11-2020 | 2020-73000212 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.