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EVOSYS

Active
Public limited companyfounded 1989active for 37 yearsEpiceastraat 76, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0437.642.521
Summary

The computed 12-month bankruptcy probability of EVOSYS is 2.5% (moderate). For EVOSYS, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€434,366) and a net result of -€34,641. Equity is shrinking by about 4.9% per year across the filed financial years. Its net result ranks better than 14% of 1,486 sector peers (NACE 62, financial year 2022). The company has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2022, full format

2023 annual accounts not yet filed, deadline passed on 31 July 2024 Financial year closed on 31 December 2023; filing due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 26 October 2026.

Turnover
€35,045▼ 79.8%
2021 · €173,828
EBIT margin
-96.7%▼ 89.8pp
2021 · -6.8%
Net result
-€34,641▼ 166%
2021 · -€13,035
Working capital
-€368,674▼ 4.4%
2020 · -€353,250
Trend over the years

2018 to 2022, 5 financial years 2018 to 2022, 5 financial years

The operating result stays negative: a loss of €33,881 in 2022 against €11,875 in 2021; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€35,045 2022 Operating result-€33,881 2022 Net result-€34,641 2022

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022
Turnover€247,199-€227,263▼ 8.1%€166,068▼ 26.9%€173,828▲ 4.7%€35,045▼ 79.8%
Operating result-€185,803--€125,477▲ 32.5%€85,707-€11,875-€33,881▼ 185%
Net result-€187,089--€126,229▲ 32.5%€84,787within the sector's middle half-€13,035below the sector's middle half-€34,641below the sector's middle half▼ 166%
EBIT margin-75.2%--55.2%▲ 20.0pp51.6%▲ 106.8pp-6.8%▼ 58.4pp-96.7%▼ 89.8pp
Equity-€345,248--€471,476▼ 36.6%-€386,689below the sector's middle half▲ 18.0%-€399,725below the sector's middle half▼ 3.4%-€434,366below the sector's middle half▼ 8.7%
Total assets€107,482-€47,477▼ 55.8%€117,397below the sector's middle half▲ 147%€29,269below the sector's middle half▼ 75.1%
Debt€452,730-€518,953▲ 14.6%€504,087▼ 2.9%€428,994▼ 14.9%€434,366▲ 1.3%
Working capital-€317,047--€440,703▼ 39.0%-€353,250below the sector's middle half▲ 19.8%-€368,674below the sector's middle half▼ 4.4%
Solvency-321.2%--993.1%▼ 671.9pp-329.4%below the sector's middle half▲ 663.7pp
Current ratio0.23-0.08▼ 0.150.24below the sector's middle half▲ 0.160.07below the sector's middle half▼ 0.17
Return on assets (ROA)-174.1%--265.9%▼ 91.8pp72.2%above the sector's middle half▲ 338.1pp-44.5%below the sector's middle half▼ 116.8pp
Staff (FTE)5.8-5.4▼ 6.9%2.2below the sector's middle half▼ 59.3%
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Key figures and ratios
2022 value · change against 2021
Debt ≤ 1 year
€434,366▲
2021 · €397,893
Income taxes
€24▼
2021 · €430
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 49 lines
Balance sheet Code20212022
Assets
Total assets20/58€29,269-
Fixed assets21/28€50-
Financial fixed assets28€50-
Other financial fixed assets284/8€50-
Amounts receivable and cash guarantees285/8€50-
Current assets29/58€29,219-
Amounts receivable within one year40/41€20,519-
Trade receivables40€18,917-
Other amounts receivable41€1,602-
Cash at bank and in hand54/58€5,993-
Deferred charges and accrued income490/1€2,707-
Equity and liabilities
Total equity and liabilities10/49€29,269-
Equity10/15-€399,725-€434,366▼
Contributions10/11€482,541€482,541=
Capital10€482,541€482,541=
Issued capital100€482,541€482,541=
Reserves13€444€444=
Non-distributable reserves130/1€444€444=
Legal reserve130€444€444=
Profit (loss) carried forward14-€882,709-€917,351▼
Amounts payable17/49€428,994€434,366▲
Amounts payable within one year42/48€397,893€434,366▲
Trade debts44€18,478-
Suppliers440/4€18,478-
Taxes, remuneration and social security45€26-
Remuneration and social security454/9€26-
Other amounts payable47/48€379,389€434,366▲
Accrued charges and deferred income492/3€31,101-
Income statement Code20212022
Operating income70/76A€175,142€99,023▼
Turnover70€173,828€35,045▼
Other operating income74€1,314€5,098▲
Non-recurring operating income76A-€58,880
Operating charges60/66A€187,018€132,904▼
Services and other goods61€174,178€71,335▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,999-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3,592-
Other operating charges640/8€2,376€59,917▲
Non-recurring operating charges66A€3,872€1,652▼
Operating profit (loss)9901-€11,875-€33,881▼
Financial charges65/66B€730€736▲
Recurring financial charges65€730€736▲
Other financial charges652/9€730€736▲
Profit (loss) for the period before taxes9903-€12,605-€34,617▼
Income taxes67/77€430€24▼
Taxes670/3€430€24▼
Profit (loss) for the period9904-€13,035-€34,641▼
Profit (loss) for the period to be appropriated9905-€13,035-€34,641▼
Appropriation of the result
Profit (loss) to be appropriated9906-€882,709-€917,351▼
Profit (loss) brought forward from the previous period14P-€869,674-€882,709▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Operating income70/76A---€175,142€99,023▼ 43.5%
Turnover70€247,199€227,263€166,068€173,828€35,045▼ 79.8%
Other operating income74---€1,314€5,098▲ 288%
Non-recurring operating income76A----€58,880-
Operating charges60/66A---€187,018€132,904▼ 28.9%
Services and other goods61---€174,178€71,335▼ 59.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,288€3,599€3,599€2,999--
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€3,592--
Other operating charges640/8---€2,376€59,917▲ 25×
Non-recurring operating charges66A---€3,872€1,652▼ 57.3%
Operating profit (loss)9901-€185,803-€125,477€85,707-€11,875-€33,881▼ 185%
Recurring financial income75€7-€6---
Financial charges65/66B---€730€736▲ 0.8%
Recurring financial charges65€848€647€926€730€736▲ 0.8%
Debt charges650€77-----
Other financial charges652/9---€730€736▲ 0.8%
Profit (loss) for the period before taxes9903-€186,644-€126,124€84,787-€12,605-€34,617▼ 175%
Income taxes67/77€446€105-€430€24▼ 94.4%
Taxes670/3---€430€24▼ 94.4%
Profit (loss) for the period9904-€187,089-€126,229€84,787-€13,035-€34,641▼ 166%
Profit (loss) for the period to be appropriated9905-€187,089-€126,229€84,787-€13,035-€34,641▼ 166%
Line20182019202020212022Change
Assets
Total assets20/58€107,482€47,477€117,397€29,269--
Fixed assets21/28€10,248€6,648€3,049€50--
Intangible fixed assets21€10,198€6,598€2,999---
Financial fixed assets28€50€50€50€50--
Other financial fixed assets284/8---€50--
Amounts receivable and cash guarantees285/8---€50--
Current assets29/58€97,234€40,828€114,349€29,219--
Amounts receivable within one year40/41€62,077€16,167€94,673€20,519--
Trade receivables40---€18,917--
Other amounts receivable41---€1,602--
Cash at bank and in hand54/58€32,281€15,161€12,868€5,993--
Deferred charges and accrued income490/1---€2,707--
Equity and liabilities
Total equity and liabilities10/49€107,482€47,477€117,397€29,269--
Equity10/15-€345,248-€471,476-€386,689-€399,725-€434,366▼ 8.7%
Contributions10/11€482,541€482,541€482,541€482,541€482,541=
Capital10---€482,541€482,541=
Issued capital100---€482,541€482,541=
Reserves13€444€444€444€444€444=
Non-distributable reserves130/1---€444€444=
Legal reserve130---€444€444=
Profit (loss) carried forward14-€828,232-€954,461-€869,674-€882,709-€917,351▼ 3.9%
Amounts payable17/49€452,730€518,953€504,087€428,994€434,366▲ 1.3%
Amounts payable within one year42/48€414,282€481,531€467,599€397,893€434,366▲ 9.2%
Trade debts44€149,509€129,396€10,309€18,478--
Suppliers440/4---€18,478--
Taxes, remuneration and social security45---€26--
Remuneration and social security454/9---€26--
Other amounts payable47/48---€379,389€434,366▲ 14.5%
Accrued charges and deferred income492/3---€31,101--
Line20182019202020212022Change
Profit (loss) for the period9904-€187,089-€126,229€84,787-€13,035-€34,641▼ 166%
+ Depreciation and write-downs630€1,288€3,599€3,599€2,999--
Operating cash flow (approximation)-€185,802-€122,629€88,386-€10,036-€34,641▼ 245%
Investment in fixed assets (approximation)-€0€0€0--
Change in cash--€17,120-€2,293-€6,875--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 32 filings with the National Bank
Financial year Type Filed Reference
31-12-2022 full format 01-09-2023 2023-00421835
31-12-2021 full format 25-07-2022 2022-20232428
31-12-2020 full format 30-07-2021 2021-44500255
31-12-2019 full format 30-07-2020 2020-37200588
31-12-2018 full format 24-07-2019 2019-38500111
31-12-2017 full format 26-07-2018 2018-38800028
31-12-2016 full format 12-07-2017 2017-31200504
31-12-2015 full format 13-07-2016 2016-32200065
31-12-2014 full format 15-07-2015 2015-31400202
31-12-2013 full format 29-08-2014 2014-54500281

Show all 32 filings

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 16,988 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,968. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.