EVOLVE PERFORMANCE
Annual accounts 2024
micro format, filed on 29-08-2025, 29 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 13 November 2026.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €440,000. Estimated: probably between €340,000 and €570,000.
Balance sheet
balance sheet total €437,862 on 31-12-2024in euro
in euro
Position in the sector
24.8%
Higher than 24% of 11,512 companies in 2024.
1.04
Higher than 21% of 11,265 companies in 2024.
8.1%
Higher than 44% of 11,346 companies in 2024.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
Staff
€50,322
Staff costs divided by the average number of full-time equivalents.
level
In 2024, 1 person joined and 1 left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
437,862 | 478,420 | 459,744 | 444,558 | 418,656 | 383,407 | 152,226 | 122,509 | 124,873 | 69,561 | |
21/28 |
268,412 | 302,470 | 317,416 | 352,176 | 339,004 | 326,701 | 62,687 | 71,604 | 79,714 | 39,938 | |
21 |
- | - | - | - | - | 8,000 | 16,000 | 24,000 | 32,000 | - | |
22/27 |
268,402 | 302,460 | 317,406 | 352,166 | 338,994 | 317,458 | 45,444 | 46,361 | 46,470 | 39,813 | |
22 |
230,673 | 242,206 | 255,074 | 268,456 | 279,086 | 288,760 | 11,059 | - | - | - | |
23 |
18,727 | 28,452 | 37,830 | 47,605 | 19,998 | 20,831 | 24,997 | 29,502 | 34,008 | 38,513 | |
24 |
19,002 | 31,802 | 24,502 | 36,105 | 39,911 | 7,867 | 9,387 | 16,858 | 12,463 | 1,300 | |
28 |
10 | 10 | 10 | 10 | 10 | 1,243 | 1,243 | 1,243 | 1,243 | 125 | |
29/58 |
169,450 | 175,950 | 142,328 | 92,382 | 79,652 | 56,706 | 89,539 | 50,905 | 45,159 | 29,622 | |
3 |
52,253 | 44,713 | 35,800 | 29,700 | 18,950 | 22,350 | 19,762 | 23,924 | 15,030 | 6,320 | |
30/36 |
52,253 | 44,713 | 35,800 | 29,700 | 18,950 | 22,350 | 18,341 | 16,225 | 5,710 | - | |
37 |
- | - | - | - | - | - | 1,421 | 7,699 | 9,320 | 6,320 | |
40/41 |
64,724 | 102,049 | 87,830 | 37,273 | 3,703 | 15,853 | 63,373 | 22,931 | 21,403 | 14,482 | |
40 |
60,259 | 102,049 | 87,481 | 37,019 | 3,703 | 15,403 | 61,616 | 21,167 | 21,403 | 14,482 | |
41 |
4,465 | - | 349 | 253 | - | 450 | 1,756 | 1,764 | - | - | |
54/58 |
47,963 | 21,818 | 15,142 | 21,222 | 55,389 | 13,394 | 6,405 | 4,051 | 7,726 | 6,510 | |
490/1 |
4,510 | 7,371 | 3,555 | 4,188 | 1,610 | 5,110 | - | - | 1,000 | 2,310 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
437,862 | 478,420 | 459,744 | 444,558 | 418,656 | 383,407 | 152,226 | 122,509 | 124,873 | 69,561 | |
10/15 |
108,576 | 72,978 | 62,192 | 64,567 | 28,479 | 24,324 | 24,833 | 19,350 | 15,724 | 4,696 | |
10/11 |
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 | |
101 |
- | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
733 | 733 | 733 | 733 | 733 | 733 | 733 | 733 | 551 | - | |
130/1 |
- | - | - | 733 | 733 | - | - | - | - | - | |
130 |
- | - | - | - | - | 733 | 733 | 733 | 551 | - | |
1311 |
- | - | - | 733 | 733 | - | - | - | - | - | |
133 |
733 | 733 | 733 | - | - | - | - | - | - | - | |
14 |
101,644 | 66,045 | 55,259 | 57,634 | 21,546 | 17,392 | 17,900 | 12,417 | 8,973 | -1,504 | |
17/49 |
329,286 | 405,443 | 397,552 | 379,991 | 390,177 | 359,083 | 127,394 | 103,160 | 109,149 | 64,864 | |
17 |
164,844 | 187,246 | 210,345 | 232,992 | 255,197 | 243,704 | 2,334 | 11,438 | 20,184 | 28,586 | |
170/4 |
164,844 | 187,246 | 210,345 | 232,992 | 255,197 | 243,704 | 2,334 | 11,438 | 20,184 | 28,586 | |
42/48 |
163,387 | 216,006 | 187,096 | 146,855 | 134,789 | 114,971 | 124,988 | 91,385 | 88,799 | 36,158 | |
42 |
22,402 | 23,099 | 22,647 | 22,205 | 21,771 | 14,906 | 9,105 | 8,746 | 8,401 | 8,071 | |
44 |
28,766 | 61,553 | 36,667 | 8,822 | 19,671 | 12,393 | 19,838 | 18,433 | 15,332 | 16,295 | |
440/4 |
28,766 | 61,553 | 36,667 | 8,822 | 19,671 | 12,393 | 19,838 | 18,433 | 15,332 | 16,295 | |
46 |
- | 5,253 | 2,000 | - | - | - | - | - | - | - | |
45 |
48,068 | 33,307 | 36,378 | 23,599 | 11,012 | 9,643 | 8,876 | 3,258 | 12,645 | 9,390 | |
450/3 |
33,125 | 18,792 | 22,387 | 16,696 | 8,471 | 4,750 | 7,533 | 2,054 | 11,541 | 7,461 | |
454/9 |
14,943 | 14,515 | 13,990 | 6,903 | 2,542 | 4,892 | 1,343 | 1,203 | 1,104 | 1,929 | |
47/48 |
64,151 | 92,794 | 89,405 | 92,229 | 82,335 | 78,029 | 87,170 | 60,949 | 52,420 | 2,403 | |
492/3 |
1,054 | 2,191 | 111 | 144 | 191 | 408 | 72 | 336 | 166 | 120 | |
| Income statement | |||||||||||
9900 |
218,474 | 167,305 | 142,236 | 124,189 | 65,503 | 70,608 | 57,604 | 52,165 | 57,642 | 21,887 | |
62 |
120,773 | 106,173 | 93,685 | 47,859 | 25,985 | 29,681 | 27,266 | 25,653 | 22,741 | 15,595 | |
630 |
38,752 | 38,936 | 35,879 | 33,820 | 32,486 | 33,352 | 21,491 | 20,309 | 16,243 | 5,050 | |
640/8 |
4,345 | 3,765 | 3,225 | 5,079 | 1,255 | 383 | 1,235 | 632 | 176 | 144 | |
66A |
- | 1,812 | - | - | - | - | - | - | - | - | |
9901 |
54,604 | 16,619 | 9,447 | 37,430 | 5,776 | 7,193 | 7,612 | 5,570 | 18,481 | 1,098 | |
75/76B |
380 | 1,545 | - | 5,760 | 5,486 | 166 | 916 | 2,655 | 483 | 227 | |
75 |
380 | 1,545 | - | 5,760 | 5,486 | 166 | 916 | 2,655 | 483 | 227 | |
65/66B |
12,314 | 6,521 | 11,823 | 7,102 | 7,108 | 7,811 | 2,212 | 3,285 | 4,486 | 2,828 | |
65 |
12,314 | 6,521 | 11,823 | 7,102 | 7,108 | 7,811 | 2,212 | 3,285 | 4,486 | 2,828 | |
9903 |
42,670 | 11,643 | -2,375 | 36,088 | 4,155 | -452 | 6,315 | 4,940 | 14,478 | -1,504 | |
67/77 |
7,072 | 856 | - | - | - | 56 | 832 | 1,315 | 3,450 | - | |
9904 |
35,599 | 10,786 | -2,375 | 36,088 | 4,155 | -508 | 5,483 | 3,625 | 11,028 | -1,504 | |
9905 |
35,599 | 10,786 | -2,375 | 36,088 | 4,155 | -508 | 5,483 | 3,625 | 11,028 | -1,504 | |
| Appropriation of the result | |||||||||||
9906 |
101,644 | 66,045 | 55,259 | 57,634 | 21,546 | 17,392 | 17,900 | 12,598 | 9,524 | -1,504 | |
14P |
66,045 | 55,259 | 57,634 | 21,546 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 181 | 551 | - | |
6920 |
- | - | - | - | - | - | - | 181 | 551 | - | |
| Social balance sheet | |||||||||||
9087 |
2.4 | 2.1 | 2.3 | 1.4 | 0.9 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | |
Hours worked1013 |
3,936 | 3,362 | 3,492 | 2,437 | 1,131 | 931 | 989 | 1,035 | 1,027 | 750 | |
| Document | |||||||||||
The notes to these accounts have 13 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 Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 29-08-2025 | 2025-00436206 | |
| 31-12-2023 | micro format | 07-08-2024 | 2024-00332921 | |
| 31-12-2022 | micro format | 07-10-2023 | 2023-00475722 | |
| 31-12-2021 | micro format | 30-09-2022 | 2022-20441646 | |
| 31-12-2020 | micro format | 18-08-2021 | 2021-49800122 | |
| 31-12-2019 | micro format | 26-08-2020 | 2020-44900452 | |
| 31-12-2018 | micro format | 26-08-2019 | 2019-50700065 | |
| 31-12-2017 | micro format | 07-08-2018 | 2018-43900144 | |
| 31-12-2016 | micro format | 30-06-2017 | 2017-24600047 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-53500112 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 93,356 | 55,554 | 45,326 | 71,250 | 38,262 | 40,545 | 29,103 | 25,880 | 34,725 | 6,147 | ||
| 74,350 | 49,722 | 33,504 | 69,908 | 36,641 | 32,844 | 26,974 | 23,935 | 27,271 | 3,546 | ||
| 4,693 | 28,282 | 1,119 | 46,992 | 46,022 | 297,366 | 12,574 | 12,200 | 56,133 | 44,988 | ||
| 26,145 | 6,675 | -6,080 | -34,167 | 41,995 | 6,989 | 2,354 | -3,675 | 1,216 | - | ||
| 6,063 | -40,055 | -44,769 | -54,472 | -55,137 | -58,265 | -35,449 | -40,480 | -43,640 | -6,536 | ||
| 24.8% | 15.3% | 13.5% | 14.5% | 6.8% | 6.3% | 16.3% | 15.8% | 12.6% | 6.8% | ||
| 1.04 | 0.81 | 0.76 | 0.63 | 0.59 | 0.49 | 0.72 | 0.56 | 0.51 | 0.82 | ||
| 0.72 | 0.61 | 0.57 | 0.43 | 0.45 | 0.30 | 0.56 | 0.30 | 0.34 | 0.64 | ||
| 3.03 | 5.56 | 6.39 | 5.89 | 13.70 | 14.76 | 5.13 | 5.33 | 6.94 | 13.81 | ||
| 32.8% | 14.8% | -3.8% | 55.9% | 14.6% | -2.1% | 22.1% | 18.7% | 70.1% | -32.0% | ||
| 8.1% | 2.3% | -0.5% | 8.1% | 1.0% | -0.1% | 3.6% | 3.0% | 8.8% | -2.2% | ||
| 7.58 | 8.52 | 3.83 | 10.03 | - | - | - | - | - | - |
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 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 3 | 2 |
| full-time | 2 | 1 | 1 | 1 |
| part-time | 1 | 2 | 2 | 1 |
| in full-time equivalents | 2.4 | 2.3 | 2.3 | 1.4 |
| 2.4 | 2.1 | 2.3 | 1.4 | |
| On a permanent contract | 3 | 3 | 3 | 2 |
| Joined | 1 | 1 | 2 | 5 |
| Left | 1 | 1 | 1 | 5 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Securities and guarantees
on own assets and for others| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Mortgages, amount registered | €50,000 | €50,000 | €50,000 | €50,000 |
| Carrying value of the mortgaged assets | €32,922 | €32,922 | €32,922 | €32,922 |
| Pledge on other assets, amount secured | €210,000 | €210,000 | €210,000 | €210,000 |
| Carrying value of the other pledged assets | €197,751 | €209,284 | €222,152 | €235,534 |
Source: notes to the 2021 to 2024 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | €4,693 | €28,282 | €1,119 | €46,992 |
| €38,752 | €38,936 | €35,879 | €33,820 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on EVOLVE PERFORMANCE
The operating result for 2024 is 3.3 times that of 2023 and the highest since 2015. It is the second rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 84.7% to 75.2%. Equity is higher and debt is lower.