EVOLAS PROJECT MANAGEMENT SOLUTIONS: 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.
EVOLAS PROJECT MANAGEMENT SOLUTIONS
Largest movements
- Cash +€129,602
up €129,602 (+20.0%), from €648,724 to €778,326
mainly Net result for the year (+€237,112) and Receivables within one year (+€39,701)
- Receivables within one year -€39,701
down €39,701 (-48.3%), from €82,123 to €42,422
of which Trade receivables: -€40,392
- Reserves +€143,104
up €143,104 (+26.5%), from €539,488 to €682,592
of which Tax-exempt reserves: +€105,250
- Tax, wage and social debts -€55,139
down €55,139 (-33.9%), from €162,437 to €107,298
- Other debts +€23,480
up €23,480 (+23.5%), from €100,122 to €123,602
- Trade debts -€15,247
down €15,247 (-40.3%), from €37,853 to €22,606
- Gross operating margin +€56,711
up €56,711 (+20.1%), from €282,447 to €339,158
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 | €893,472 | €981,467 | +€87,995 | +9.8% |
| Fixed assets | 21/28 | €160,462 | €157,245 | -€3,217 | -2.0% |
| Tangible fixed assets | 22/27 | €128,412 | €122,195 | -€6,217 | -4.8% |
| Land and buildings | 22 | €112,738 | €109,254 | -€3,483 | -3.1% |
| Plant, machinery and equipment | 23 | €6,306 | €5,370 | -€937 | -14.9% |
| Furniture and vehicles | 24 | €8,436 | €7,570 | -€866 | -10.3% |
| Assets under construction and advance payments | 27 | €931 | €0 | -€931 | -100% |
| Financial fixed assets | 28 | €32,050 | €35,050 | +€3,000 | +9.4% |
| Current assets | 29/58 | €733,010 | €824,222 | +€91,212 | +12.4% |
| Amounts receivable within one year | 40/41 | €82,123 | €42,422 | -€39,701 | -48.3% |
| Trade receivables | 40 | €82,123 | €41,732 | -€40,392 | -49.2% |
| Other amounts receivable | 41 | - | €690 | +€690 | |
| Cash at bank and in hand | 54/58 | €648,724 | €778,326 | +€129,602 | +20.0% |
| Deferred charges and accrued income | 490/1 | €2,163 | €3,474 | +€1,311 | +60.6% |
| Total equity and liabilities | 10/49 | €893,472 | €981,467 | +€87,995 | +9.8% |
| Equity | 10/15 | €545,688 | €688,792 | +€143,104 | +26.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €539,488 | €682,592 | +€143,104 | +26.5% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | - | €105,250 | +€105,250 | |
| Distributable reserves | 133 | €537,628 | €577,342 | +€39,714 | +7.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €347,783 | €292,675 | -€55,109 | -15.8% |
| Amounts payable after more than one year | 17 | €39,169 | €31,697 | -€7,472 | -19.1% |
| Financial debts | 170/4 | €39,169 | €31,697 | -€7,472 | -19.1% |
| Amounts payable within one year | 42/48 | €308,614 | €260,977 | -€47,637 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €7,299 | €7,472 | +€173 | +2.4% |
| Financial debts | 43 | €903 | €0 | -€903 | -100% |
| Credit institutions | 430/8 | €903 | €0 | -€903 | -100% |
| Trade debts | 44 | €37,853 | €22,606 | -€15,247 | -40.3% |
| Suppliers | 440/4 | €37,853 | €22,606 | -€15,247 | -40.3% |
| Taxes, remuneration and social security | 45 | €162,437 | €107,298 | -€55,139 | -33.9% |
| Taxes | 450/3 | €162,437 | €107,298 | -€55,139 | -33.9% |
| Other amounts payable | 47/48 | €100,122 | €123,602 | +€23,480 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,004 | €7,296 | +€1,292 | +21.5% |
| Other operating charges | 640/8 | €1,265 | €1,818 | +€553 | +43.7% |
| Gross operating margin | 9900 | €282,447 | €339,158 | +€56,711 | +20.1% |
| Operating profit (loss) | 9901 | €275,178 | €330,044 | +€54,866 | +19.9% |
| Financial income | 75/76B | €96 | €97 | +€1 | +1.5% |
| Recurring financial income | 75 | €96 | €97 | +€1 | +1.5% |
| Financial charges | 65/66B | €1,628 | €1,719 | +€92 | +5.6% |
| Recurring financial charges | 65 | €1,628 | €1,719 | +€92 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €273,646 | €328,422 | +€54,776 | +20.0% |
| Income taxes | 67/77 | €89,848 | €91,310 | +€1,462 | +1.6% |
| Profit (loss) for the period | 9904 | €183,798 | €237,112 | +€53,314 | +29.0% |
| Transfer to tax-exempt reserves | 689 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €183,798 | €131,862 | -€51,936 | -28.3% |
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 19 October 2026 via checked.be.