Evoke Belgium: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Evoke Belgium
Largest movements
- Cash -€149,907
down €149,907 (-50.8%), from €295,155 to €145,248
mainly Investment in fixed assets (net) (-€75,000) and Debts after one year (-€41,937)
- Financial fixed assets +€75,000
up €75,000 (+409%), from €18,345 to €93,345
- Receivables within one year -€7,502
down €7,502 (-17.2%), from €43,525 to €36,023
of which Trade receivables: -€4,452
- Debts after one year -€41,937
down €41,937 (-35.9%), from €116,937 to €75,000
- Profit (loss) carried forward -€32,315
down €32,315 (-3.7%), from -€874,485 to -€906,800
- Tax, wage and social debts -€9,707
down €9,707 (-96.1%), from €10,105 to €399
of which Remuneration and social security: -€9,217
- Staff costs -€101,192
down €101,192 (-89.1%), from €113,634 to €12,442
- Gross operating margin +€61,170
up €61,170, from -€55,523 to €5,647
- Financial charges +€6,541
up €6,541 (+2,321%), from €282 to €6,823
- Other operating charges +€800
up €800 (+440%), from €182 to €981
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €360,029 | €275,278 | -€84,750 | -23.5% |
| Fixed assets | 21/28 | €20,375 | €94,007 | +€73,632 | +361% |
| Tangible fixed assets | 22/27 | €2,030 | €662 | -€1,368 | -67.4% |
| Furniture and vehicles | 24 | €2,030 | €662 | -€1,368 | -67.4% |
| Financial fixed assets | 28 | €18,345 | €93,345 | +€75,000 | +409% |
| Current assets | 29/58 | €339,654 | €181,271 | -€158,383 | -46.6% |
| Amounts receivable within one year | 40/41 | €43,525 | €36,023 | -€7,502 | -17.2% |
| Trade receivables | 40 | €40,035 | €35,582 | -€4,452 | -11.1% |
| Other amounts receivable | 41 | €3,490 | €441 | -€3,049 | -87.4% |
| Cash at bank and in hand | 54/58 | €295,155 | €145,248 | -€149,907 | -50.8% |
| Deferred charges and accrued income | 490/1 | €974 | €0 | -€974 | -100% |
| Total equity and liabilities | 10/49 | €360,029 | €275,278 | -€84,750 | -23.5% |
| Equity | 10/15 | €225,515 | €193,200 | -€32,315 | -14.3% |
| Contributions | 10/11 | €1,100,000 | €1,100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€874,485 | -€906,800 | -€32,315 | -3.7% |
| Amounts payable | 17/49 | €134,514 | €82,078 | -€52,435 | -39.0% |
| Amounts payable after more than one year | 17 | €116,937 | €75,000 | -€41,937 | -35.9% |
| Other amounts payable | 178/9 | €116,937 | €75,000 | -€41,937 | -35.9% |
| Amounts payable within one year | 42/48 | €15,556 | €5,058 | -€10,498 | -67.5% |
| Trade debts | 44 | €5,450 | €4,621 | -€829 | -15.2% |
| Suppliers | 440/4 | €5,450 | €4,621 | -€829 | -15.2% |
| Taxes, remuneration and social security | 45 | €10,105 | €399 | -€9,707 | -96.1% |
| Taxes | 450/3 | €847 | €357 | -€490 | -57.8% |
| Remuneration and social security | 454/9 | €9,259 | €42 | -€9,217 | -99.6% |
| Other amounts payable | 47/48 | - | €38 | +€38 | |
| Accrued charges and deferred income | 492/3 | €2,021 | €2,021 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €113,634 | €12,442 | -€101,192 | -89.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,394 | €1,368 | -€27 | -1.9% |
| Other operating charges | 640/8 | €182 | €981 | +€800 | +440% |
| Non-recurring operating charges | 66A | - | €16,318 | +€16,318 | |
| Gross operating margin | 9900 | -€55,523 | €5,647 | +€61,170 | |
| Operating profit (loss) | 9901 | -€170,733 | -€25,462 | +€145,271 | +85.1% |
| Financial income | 75/76B | €12 | €10 | -€2 | -14.1% |
| Recurring financial income | 75 | €12 | €10 | -€2 | -14.1% |
| Financial charges | 65/66B | €282 | €6,823 | +€6,541 | +2,321% |
| Recurring financial charges | 65 | €282 | €6,823 | +€6,541 | +2,321% |
| Profit (loss) for the period before taxes | 9903 | -€171,003 | -€32,275 | +€138,728 | +81.1% |
| Income taxes | 67/77 | €317 | €40 | -€277 | -87.3% |
| Profit (loss) for the period | 9904 | -€171,320 | -€32,315 | +€139,005 | +81.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€171,320 | -€32,315 | +€139,005 | +81.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.