Evolin: what changed
What changed
Evolin
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€129,607
2024 · €84,357+€45,251
Equity
€1.0m
2024 · €912,959+€129,607
Cash
€4,040
2024 · €6,766-€2,726
Balance sheet total
€1.5m
2024 · €1.5m+€70,699
Largest movements
Assets
- Receivables within one year +€76,422
up €76,422 (+48.4%), from €157,939 to €234,360
of which Other amounts receivable: +€74,892
Equity and liabilities
- Reserves +€129,607
up €129,607 (+85.9%), from €150,959 to €280,566
- Short-term financial debts -€80,004
down €80,004 (-79.3%), from €100,939 to €20,935
- Tax, wage and social debts +€32,579
up €32,579 (+72.3%), from €45,085 to €77,664
of which Taxes: +€32,579
Income statement
- Gross operating margin +€58,824
up €58,824 (+42.0%), from €139,973 to €198,797
- Financial charges +€8,438
up €8,438 (+46.7%), from €18,085 to €26,523
- Taxes +€4,560
up €4,560 (+13.5%), from €33,734 to €38,294
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€84,357
Gross operating margin
+€58,824
Other operating charges
+€188
Financial income
-€764
Financial charges
-€8,438
Taxes
-€4,560
Result 2025
€129,607
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€87,599
Investment
€0
Financing
-€90,325
Cash 2024
€6,766
From operations (derived)
+€87,599
Net result for the year
+€129,607
Depreciation
+€3,000
Receivables within one year
-€76,422
Smaller working-capital items
-€152
Trade debts
-€1,014
Tax, wage and social debts
+€32,579
Financing
-€90,325
Debts after one year
-€2,149
Current portion of long-term debt
-€8,172
Short-term financial debts
-€80,004
Cash 2025
€4,040
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,451,804 | €1,522,503 | +€70,699 | +4.9% |
| Fixed assets | 21/28 | €1,286,992 | €1,283,992 | -€3,000 | -0.2% |
| Tangible fixed assets | 22/27 | €26,992 | €23,992 | -€3,000 | -11.1% |
| Furniture and vehicles | 24 | €26,992 | €23,992 | -€3,000 | -11.1% |
| Financial fixed assets | 28 | €1,260,000 | €1,260,000 | = | 0.0% |
| Current assets | 29/58 | €164,812 | €238,511 | +€73,699 | +44.7% |
| Amounts receivable within one year | 40/41 | €157,939 | €234,360 | +€76,422 | +48.4% |
| Trade receivables | 40 | €77,540 | €79,070 | +€1,530 | +2.0% |
| Other amounts receivable | 41 | €80,399 | €155,290 | +€74,892 | +93.1% |
| Cash at bank and in hand | 54/58 | €6,766 | €4,040 | -€2,726 | -40.3% |
| Deferred charges and accrued income | 490/1 | €107 | €110 | +€3 | +3.2% |
| Total equity and liabilities | 10/49 | €1,451,804 | €1,522,503 | +€70,699 | +4.9% |
| Equity | 10/15 | €912,959 | €1,042,566 | +€129,607 | +14.2% |
| Contributions | 10/11 | €762,000 | €762,000 | = | 0.0% |
| Reserves | 13 | €150,959 | €280,566 | +€129,607 | +85.9% |
| Distributable reserves | 133 | €150,959 | €280,566 | +€129,607 | +85.9% |
| Amounts payable | 17/49 | €538,845 | €479,936 | -€58,909 | -10.9% |
| Amounts payable after more than one year | 17 | €322,376 | €320,227 | -€2,149 | -0.7% |
| Financial debts | 170/4 | €322,376 | €320,227 | -€2,149 | -0.7% |
| Amounts payable within one year | 42/48 | €216,469 | €159,710 | -€56,759 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €66,294 | €58,122 | -€8,172 | -12.3% |
| Financial debts | 43 | €100,939 | €20,935 | -€80,004 | -79.3% |
| Credit institutions | 430/8 | €100,939 | €20,935 | -€80,004 | -79.3% |
| Trade debts | 44 | €4,002 | €2,988 | -€1,014 | -25.3% |
| Suppliers | 440/4 | €4,002 | €2,988 | -€1,014 | -25.3% |
| Taxes, remuneration and social security | 45 | €45,085 | €77,664 | +€32,579 | +72.3% |
| Taxes | 450/3 | €45,085 | €77,664 | +€32,579 | +72.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €149 | €0 | -€149 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,000 | €3,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,622 | €1,434 | -€188 | -11.6% |
| Gross operating margin | 9900 | €139,973 | €198,797 | +€58,824 | +42.0% |
| Operating profit (loss) | 9901 | €135,351 | €194,363 | +€59,012 | +43.6% |
| Financial income | 75/76B | €824 | €60 | -€764 | -92.7% |
| Recurring financial income | 75 | €824 | €60 | -€764 | -92.7% |
| Financial charges | 65/66B | €18,085 | €26,523 | +€8,438 | +46.7% |
| Recurring financial charges | 65 | €18,085 | €26,523 | +€8,438 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | €118,091 | €167,901 | +€49,811 | +42.2% |
| Income taxes | 67/77 | €33,734 | €38,294 | +€4,560 | +13.5% |
| Profit (loss) for the period | 9904 | €84,357 | €129,607 | +€45,251 | +53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €84,357 | €129,607 | +€45,251 | +53.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.