Evolutio Mgmt: 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.
Evolutio Mgmt
Largest movements
- Cash -€18,413
down €18,413 (-55.7%), from €33,051 to €14,638
mainly Net result for the year (-€41,852) and Tax, wage and social debts (-€6,263)
- Receivables within one year -€9,911
down €9,911 (-17.7%), from €55,835 to €45,925
of which Trade receivables: -€6,872
- Tangible fixed assets -€3,308
down €3,308 (-17.3%), from €19,099 to €15,791
of which Other tangible fixed assets: -€1,757
- Deferred charges and accrued income +€1,654
up €1,654 (+80.0%), from €2,067 to €3,721
- Profit (loss) carried forward -€41,852
down €41,852 (-96.2%), from -€43,523 to -€85,375
- Other debts +€25,237
up €25,237 (+29.5%), from €85,608 to €110,845
- Tax, wage and social debts -€6,263
down €6,263 (-35.9%), from €17,451 to €11,188
of which Remuneration and social security: -€4,228
- Short-term financial debts -€5,035
down €5,035 (-57.0%), from €8,841 to €3,806
- Trade debts -€2,011
down €2,011 (-27.7%), from €7,256 to €5,244
- Gross operating margin -€25,863
down €25,863 (-32.5%), from €79,643 to €53,780
- Taxes -€14,254
down €14,254 (-98.3%), from €14,503 to €249
- Financial charges -€1,432
down €1,432 (-42.2%), from €3,394 to €1,963
- Financial income +€902
up €902 (+377%), from €239 to €1,141
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 | €110,052 | €80,074 | -€29,977 | -27.2% |
| Fixed assets | 21/28 | €19,099 | €15,791 | -€3,308 | -17.3% |
| Tangible fixed assets | 22/27 | €19,099 | €15,791 | -€3,308 | -17.3% |
| Plant, machinery and equipment | 23 | €3,634 | €2,971 | -€663 | -18.2% |
| Furniture and vehicles | 24 | €2,278 | €1,390 | -€888 | -39.0% |
| Other tangible fixed assets | 26 | €13,187 | €11,430 | -€1,757 | -13.3% |
| Current assets | 29/58 | €90,953 | €64,283 | -€26,669 | -29.3% |
| Amounts receivable within one year | 40/41 | €55,835 | €45,925 | -€9,911 | -17.7% |
| Trade receivables | 40 | €39,795 | €32,923 | -€6,872 | -17.3% |
| Other amounts receivable | 41 | €16,041 | €13,001 | -€3,039 | -18.9% |
| Cash at bank and in hand | 54/58 | €33,051 | €14,638 | -€18,413 | -55.7% |
| Deferred charges and accrued income | 490/1 | €2,067 | €3,721 | +€1,654 | +80.0% |
| Total equity and liabilities | 10/49 | €110,052 | €80,074 | -€29,977 | -27.2% |
| Equity | 10/15 | -€9,156 | -€51,008 | -€41,852 | -457% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,167 | €28,167 | = | 0.0% |
| Distributable reserves | 133 | €28,167 | €28,167 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,523 | -€85,375 | -€41,852 | -96.2% |
| Amounts payable | 17/49 | €119,208 | €131,083 | +€11,875 | +10.0% |
| Amounts payable within one year | 42/48 | €119,155 | €131,083 | +€11,928 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €8,841 | €3,806 | -€5,035 | -57.0% |
| Credit institutions | 430/8 | €8,841 | €3,806 | -€5,035 | -57.0% |
| Trade debts | 44 | €7,256 | €5,244 | -€2,011 | -27.7% |
| Suppliers | 440/4 | €7,256 | €5,244 | -€2,011 | -27.7% |
| Taxes, remuneration and social security | 45 | €17,451 | €11,188 | -€6,263 | -35.9% |
| Taxes | 450/3 | €13,222 | €11,188 | -€2,035 | -15.4% |
| Remuneration and social security | 454/9 | €4,228 | €0 | -€4,228 | -100% |
| Other amounts payable | 47/48 | €85,608 | €110,845 | +€25,237 | +29.5% |
| Accrued charges and deferred income | 492/3 | €53 | €0 | -€53 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,578 | €3,308 | +€730 | +28.3% |
| Other operating charges | 640/8 | €861 | €1,254 | +€393 | +45.6% |
| Non-recurring operating charges | 66A | - | €90,000 | +€90,000 | |
| Gross operating margin | 9900 | €79,643 | €53,780 | -€25,863 | -32.5% |
| Operating profit (loss) | 9901 | €76,204 | -€40,782 | -€116,986 | |
| Financial income | 75/76B | €239 | €1,141 | +€902 | +377% |
| Recurring financial income | 75 | €239 | €1,141 | +€902 | +377% |
| Financial charges | 65/66B | €3,394 | €1,963 | -€1,432 | -42.2% |
| Recurring financial charges | 65 | €3,394 | €1,963 | -€1,432 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €73,048 | -€41,604 | -€114,652 | |
| Income taxes | 67/77 | €14,503 | €249 | -€14,254 | -98.3% |
| Profit (loss) for the period | 9904 | €58,546 | -€41,852 | -€100,398 | |
| Profit (loss) for the period to be appropriated | 9905 | €58,546 | -€41,852 | -€100,398 |
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 31 October 2026 via checked.be.