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EVVA

Active
Public limited companyfounded 2002active for 24 yearsKruisstraat 17, 8610 Kortemark, BelgiumKBO/BCE: BE 0477.633.839
Summary

EVVA has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €298,601 and a net result of -€773. Equity remains stable across the filed financial years (±0.3% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€298,601▼ 0.3%
2024 · €299,375
Total assets
€614,646▲ 0.5%
2024 · €611,423
Net result
-€773
2024 · €686
Working capital
€146,524▼ 1.8%
2024 · €149,265
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result falls in 2025; 2025 is 76% below 2024.

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

Operating result€1,343 2025 Net result-€773 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€6,455-€5,674▼ 12.1%€5,815▲ 2.5%€6,190▲ 6.5%-€2,294€5,603€1,343▼ 76.0%
Net result-€3,245--€3,825▼ 17.9%€2,288€2,652▲ 16.0%€987▼ 62.8%€686▼ 30.5%-€773
Equity€296,588-€292,762▼ 1.3%€295,050▲ 0.8%€297,702▲ 0.9%€298,689▲ 0.3%€299,375▲ 0.2%€298,601▼ 0.3%
Total assets€612,067-€606,817▼ 0.9%€611,269▲ 0.7%€617,515▲ 1.0%€616,598▼ 0.1%€611,423▼ 0.8%€614,646▲ 0.5%
Debt€315,480-€314,055▼ 0.5%€316,219▲ 0.7%€319,813▲ 1.1%€317,909▼ 0.6%€312,048▼ 1.8%€316,045▲ 1.3%
Working capital-€138,585--€147,475▼ 6.4%€131,844€136,529▲ 3.6%€139,547▲ 2.2%€149,265▲ 7.0%€146,524▼ 1.8%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €614,646
Fixed assets €432,578 ▼ 0.2%
Current assets €182,069 ▲ 2.2%
Equity and liabilities €614,646
Equity €298,601 ▼ 0.3%
Debt €316,045 ▲ 1.3%
Debt's share of the balance-sheet total rises from 51.0% to 51.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,125▼
2024 · €6,385
Cash flow
€9▼
2024 · €1,468
Current ratio
5.12▼
2024 · 6.18
Debt to equity
1.06▲
2024 · 1.04
ROE
-0.3%▼
2024 · 0.2%
ROA
-0.1%▼
2024 · 0.1%
Interest coverage
0.38▼
2024 · 0.77
Debt ≤ 1 year
€35,545▲
2024 · €28,798
Debt > 1 year
€275,000=
2024 · €275,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 8,616 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€611,423€614,646▲
Fixed assets21/28€433,360€432,578▼
Tangible fixed assets22/27€433,360€432,578▼
Land and buildings22€433,360€432,578▼
Current assets29/58€178,063€182,069▲
Amounts receivable within one year40/41€174,493€178,917▲
Other amounts receivable41€174,493€178,917▲
Cash at bank and in hand54/58€3,571€3,070▼
Deferred charges and accrued income490/1€0€82▲
Equity and liabilities
Total equity and liabilities10/49€611,423€614,646▲
Equity10/15€299,375€298,601▼
Contributions10/11€250,000€250,000=
Capital10€250,000€250,000=
Issued capital100€250,000€250,000=
Reserves13€49,375€48,601▼
Non-distributable reserves130/1€18,691€18,691=
Legal reserve130€18,691€18,691=
Distributable reserves133€30,683€29,910▼
Amounts payable17/49€312,048€316,045▲
Amounts payable after more than one year17€275,000€275,000=
Financial debts170/4€275,000€275,000=
Amounts payable within one year42/48€28,798€35,545▲
Trade debts44€4,171€5,153▲
Suppliers440/4€4,171€5,153▲
Other amounts payable47/48€24,627€30,392▲
Accrued charges and deferred income492/3€8,250€5,500▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€782€782=
Other operating charges640/8€1,560€2,860▲
Gross operating margin9900€7,944€4,986▼
Operating profit (loss)9901€5,603€1,343▼
Financial income75/76B€3,357€3,424▲
Recurring financial income75€3,357€3,424▲
Financial charges65/66B€8,274€5,540▼
Recurring financial charges65€8,274€5,540▼
Profit (loss) for the period before taxes9903€686-€773▼
Profit (loss) for the period9904€686-€773▼
Profit (loss) for the period to be appropriated9905€686-€773▼
Appropriation of the result
Profit (loss) to be appropriated9906€686-€773▼
Transfer from equity791/2-€773
Transfer to equity691/2€686€0▼
To the legal reserve6920€69€0▼
To other reserves6921€617€0▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,688€1,805€2,032€2,032€2,032€782€782=
Other operating charges640/8---€1,936€1,881€1,560€2,860▲ 83.4%
Gross operating margin9900€9,987€9,384€9,739€10,158€1,618€7,944€4,986▼ 37.2%
Operating profit (loss)9901€6,455€5,674€5,815€6,190-€2,294€5,603€1,343▼ 76.0%
Financial income75/76B---€3,240€3,306€3,357€3,424▲ 2.0%
Recurring financial income75€2,605€2,645€7,366€3,240€3,306€3,357€3,424▲ 2.0%
Financial charges65/66B---€6,778€25€8,274€5,540▼ 33.0%
Recurring financial charges65€12,306€12,144€10,893€6,778€25€8,274€5,540▼ 33.0%
Profit (loss) for the period before taxes9903-€3,245-€3,825€2,288€2,652€987€686-€773▼ 213%
Profit (loss) for the period9904-€3,245-€3,825€2,288€2,652€987€686-€773▼ 213%
Profit (loss) for the period to be appropriated9905-€3,245-€3,825€2,288€2,652€987€686-€773▼ 213%
Line2019202020212022202320242025Change
Assets
Total assets20/58€612,067€606,817€611,269€617,515€616,598€611,423€614,646▲ 0.5%
Fixed assets21/28€435,172€440,238€438,206€436,174€434,142€433,360€432,578▼ 0.2%
Tangible fixed assets22/27€435,172€440,238€438,206€436,174€434,142€433,360€432,578▼ 0.2%
Land and buildings22---€436,174€434,142€433,360€432,578▼ 0.2%
Current assets29/58€176,895€166,580€173,063€181,341€182,457€178,063€182,069▲ 2.2%
Amounts receivable within one year40/41€176,299€153,944€161,309€164,549€167,856€174,493€178,917▲ 2.5%
Other amounts receivable41---€164,549€167,856€174,493€178,917▲ 2.5%
Cash at bank and in hand54/58€596€4,636€3,446€242€1,881€3,571€3,070▼ 14.0%
Deferred charges and accrued income490/1---€16,550€12,720€0€82-
Equity and liabilities
Total equity and liabilities10/49€612,067€606,817€611,269€617,515€616,598€611,423€614,646▲ 0.5%
Equity10/15€296,588€292,762€295,050€297,702€298,689€299,375€298,601▼ 0.3%
Contributions10/11€250,000€250,000€250,000€250,000€250,000€250,000€250,000=
Capital10---€250,000€250,000€250,000€250,000=
Issued capital100---€250,000€250,000€250,000€250,000=
Reserves13€46,588€42,762€45,050€47,702€48,689€49,375€48,601▼ 1.6%
Non-distributable reserves130/1---€18,573€18,623€18,691€18,691=
Legal reserve130---€18,573€18,623€18,691€18,691=
Distributable reserves133---€29,130€30,066€30,683€29,910▼ 2.5%
Amounts payable17/49€315,480€314,055€316,219€319,813€317,909€312,048€316,045▲ 1.3%
Amounts payable after more than one year17--€275,000€275,000€275,000€275,000€275,000=
Financial debts170/4---€275,000€275,000€275,000€275,000=
Amounts payable within one year42/48€315,480€314,055€41,219€44,813€42,909€28,798€35,545▲ 23.4%
Financial debts43---€4,620€0---
Credit institutions430/8---€4,620€0---
Trade debts44€4,184€5,973€4,330€4,383€4,529€4,171€5,153▲ 23.5%
Suppliers440/4---€4,383€4,529€4,171€5,153▲ 23.5%
Taxes, remuneration and social security45---€1,980€0---
Taxes450/3---€1,980€0---
Other amounts payable47/48---€33,829€38,380€24,627€30,392▲ 23.4%
Accrued charges and deferred income492/3-----€8,250€5,500▼ 33.3%
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€3,245-€3,825€2,288€2,652€987€686-€773▼ 213%
+ Depreciation and write-downs630€1,688€1,805€2,032€2,032€2,032€782€782=
Operating cash flow (approximation)-€1,557-€2,021€4,320€4,684€3,019€1,468€9▼ 99.4%
Investment in fixed assets (approximation)--€6,870€0€0€0€0€0-
Change in cash-€4,040-€1,190-€3,204€1,639€1,689-€501▼ 130%

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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Public contracts: not fully processed yet. The notices from February 2020 to September 2026 are still being read.