Evolta Incubator: 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.
Evolta Incubator
Largest movements
- Receivables within one year -€68,457
down €68,457 (-5.6%), from €1.2m to €1.2m
of which Trade receivables: -€79,698
- Cash -€18,551
down €18,551 (-26.5%), from €69,912 to €51,361
mainly Trade debts (-€52,029) and Tax, wage and social debts (-€22,638)
- Deferred charges and accrued income -€16,504
down €16,504 (-43.9%), from €37,604 to €21,100
- Financial fixed assets +€15,000
up €15,000 (+340%), from €4,415 to €19,415
- Trade debts -€52,029
down €52,029 (-9.1%), from €570,942 to €518,913
- Tax, wage and social debts -€22,638
down €22,638 (-71.9%), from €31,503 to €8,864
of which Remuneration and social security: -€22,158
- Profit (loss) carried forward -€19,039
down €19,039 (-2.7%), from €717,642 to €698,602
- Staff costs -€104,490
down €104,490 (-51.4%), from €203,225 to €98,735
- Gross operating margin +€39,630
up €39,630 (+132%), from €30,094 to €69,724
- Financial income -€4,473
down €4,473 (-17.5%), from €25,578 to €21,105
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 | €1,345,706 | €1,250,779 | -€94,927 | -7.1% |
| Fixed assets | 21/28 | €13,748 | €22,332 | +€8,584 | +62.4% |
| Tangible fixed assets | 22/27 | €9,333 | €2,917 | -€6,416 | -68.7% |
| Furniture and vehicles | 24 | €9,333 | €2,917 | -€6,416 | -68.7% |
| Financial fixed assets | 28 | €4,415 | €19,415 | +€15,000 | +340% |
| Current assets | 29/58 | €1,331,958 | €1,228,446 | -€103,511 | -7.8% |
| Amounts receivable within one year | 40/41 | €1,223,947 | €1,155,490 | -€68,457 | -5.6% |
| Trade receivables | 40 | €307,404 | €227,706 | -€79,698 | -25.9% |
| Other amounts receivable | 41 | €916,543 | €927,784 | +€11,241 | +1.2% |
| Current investments | 50/53 | €495 | €495 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €69,912 | €51,361 | -€18,551 | -26.5% |
| Deferred charges and accrued income | 490/1 | €37,604 | €21,100 | -€16,504 | -43.9% |
| Total equity and liabilities | 10/49 | €1,345,706 | €1,250,779 | -€94,927 | -7.1% |
| Equity | 10/15 | €742,041 | €723,001 | -€19,039 | -2.6% |
| Contributions | 10/11 | €21,554 | €21,554 | = | 0.0% |
| Reserves | 13 | €2,845 | €2,845 | = | 0.0% |
| Tax-exempt reserves | 132 | €485 | €485 | = | 0.0% |
| Distributable reserves | 133 | €2,359 | €2,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | €717,642 | €698,602 | -€19,039 | -2.7% |
| Amounts payable | 17/49 | €603,665 | €527,777 | -€75,888 | -12.6% |
| Amounts payable within one year | 42/48 | €602,445 | €527,777 | -€74,667 | -12.4% |
| Trade debts | 44 | €570,942 | €518,913 | -€52,029 | -9.1% |
| Suppliers | 440/4 | €570,942 | €518,913 | -€52,029 | -9.1% |
| Taxes, remuneration and social security | 45 | €31,503 | €8,864 | -€22,638 | -71.9% |
| Taxes | 450/3 | €5,036 | €4,555 | -€480 | -9.5% |
| Remuneration and social security | 454/9 | €26,467 | €4,309 | -€22,158 | -83.7% |
| Accrued charges and deferred income | 492/3 | €1,221 | €0 | -€1,221 | -100% |
| Remuneration, social security and pensions | 62 | €203,225 | €98,735 | -€104,490 | -51.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,534 | €6,416 | -€118 | -1.8% |
| Other operating charges | 640/8 | €3,011 | €2,948 | -€63 | -2.1% |
| Gross operating margin | 9900 | €30,094 | €69,724 | +€39,630 | +132% |
| Operating profit (loss) | 9901 | -€182,676 | -€38,375 | +€144,301 | +79.0% |
| Financial income | 75/76B | €25,578 | €21,105 | -€4,473 | -17.5% |
| Recurring financial income | 75 | €25,578 | €21,105 | -€4,473 | -17.5% |
| Financial charges | 65/66B | €2,201 | €1,769 | -€432 | -19.6% |
| Recurring financial charges | 65 | €2,201 | €1,769 | -€432 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | -€159,299 | -€19,039 | +€140,260 | +88.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€159,299 | -€19,039 | +€140,260 | +88.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€159,299 | -€19,039 | +€140,260 | +88.0% |
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 18 October 2026 via checked.be.