EVOLUTIVE ENGINEERING: what changed
Two fiscal 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.
EVOLUTIVE ENGINEERING
Largest movements
- Cash +€25,230
up €25,230 (+99.6%), from €25,341 to €50,572
mainly Debts after one year (+€169,797) and Net result for the year (+€28,906)
- Receivables within one year -€12,932
down €12,932 (-30.3%), from €42,706 to €29,774
of which Trade receivables: -€22,935
- Tangible fixed assets -€4,400
down €4,400 (-2.6%), from €169,489 to €165,089
of which Furniture and vehicles: -€10,045
- Contributions -€180,000
down €180,000 (-90.6%), from €198,592 to €18,592
- Debts after one year +€169,797
up €169,797 (+1035.7%), from €16,395 to €186,192
of which Other amounts payable: +€180,000
- Profit (loss) carried forward +€26,220
no longer reported in 2025 (was -€26,220)
- Other debts -€11,127
down €11,127 (-27.8%), from €39,985 to €28,858
- Reserves +€2,686
up €2,686 (+34.3%), from €7,822 to €10,508
of which Distributable reserves: +€2,686
- Depreciation +€14,452
up €14,452 (+117.3%), from €12,324 to €26,775
- Gross operating margin +€5,160
up €5,160 (+9.3%), from €55,537 to €60,697
- Financial charges +€1,185
up €1,185 (+130.1%), from €910 to €2,095
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.
Cash bridge derived
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 | €251,915 | €256,758 | +€4,842 | +1.9% |
| Fixed assets | 21/28 | €169,489 | €165,089 | -€4,400 | -2.6% |
| Tangible fixed assets | 22/27 | €169,489 | €165,089 | -€4,400 | -2.6% |
| Land and buildings | 22 | €122,349 | €118,154 | -€4,195 | -3.4% |
| Plant, machinery and equipment | 23 | €1,524 | €11,364 | +€9,840 | +645.8% |
| Furniture and vehicles | 24 | €45,616 | €35,571 | -€10,045 | -22.0% |
| Current assets | 29/58 | €82,427 | €91,669 | +€9,242 | +11.2% |
| Stocks and contracts in progress | 3 | €12,453 | €10,249 | -€2,204 | -17.7% |
| Stocks | 30/36 | €12,453 | €10,249 | -€2,204 | -17.7% |
| Amounts receivable within one year | 40/41 | €42,706 | €29,774 | -€12,932 | -30.3% |
| Trade receivables | 40 | €42,706 | €19,771 | -€22,935 | -53.7% |
| Other amounts receivable | 41 | - | €10,003 | +€10,003 | |
| Cash at bank and in hand | 54/58 | €25,341 | €50,572 | +€25,230 | +99.6% |
| Deferred charges and accrued income | 490/1 | €1,926 | €1,074 | -€852 | -44.2% |
| Total equity and liabilities | 10/49 | €251,915 | €256,758 | +€4,842 | +1.9% |
| Equity | 10/15 | €180,194 | €29,100 | -€151,094 | -83.9% |
| Contributions | 10/11 | €198,592 | €18,592 | -€180,000 | -90.6% |
| Reserves | 13 | €7,822 | €10,508 | +€2,686 | +34.3% |
| Tax-exempt reserves | 132 | €7,822 | €7,822 | = | 0.0% |
| Distributable reserves | 133 | - | €2,686 | +€2,686 | |
| Profit (loss) carried forward | 14 | -€26,220 | - | +€26,220 | |
| Amounts payable | 17/49 | €71,721 | €227,657 | +€155,936 | +217.4% |
| Amounts payable after more than one year | 17 | €16,395 | €186,192 | +€169,797 | +1035.7% |
| Financial debts | 170/4 | €16,395 | €6,192 | -€10,203 | -62.2% |
| Other amounts payable | 178/9 | - | €180,000 | +€180,000 | |
| Amounts payable within one year | 42/48 | €53,074 | €39,605 | -€13,470 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €9,706 | €10,203 | +€497 | +5.1% |
| Trade debts | 44 | €625 | €30 | -€595 | -95.3% |
| Suppliers | 440/4 | €625 | €30 | -€595 | -95.3% |
| Taxes, remuneration and social security | 45 | €2,759 | €514 | -€2,245 | -81.4% |
| Taxes | 450/3 | €2,759 | €514 | -€2,245 | -81.4% |
| Other amounts payable | 47/48 | €39,985 | €28,858 | -€11,127 | -27.8% |
| Accrued charges and deferred income | 492/3 | €2,252 | €1,861 | -€391 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,324 | €26,775 | +€14,452 | +117.3% |
| Other operating charges | 640/8 | €2,331 | €2,512 | +€181 | +7.8% |
| Gross operating margin | 9900 | €55,537 | €60,697 | +€5,160 | +9.3% |
| Operating profit (loss) | 9901 | €40,883 | €31,410 | -€9,473 | -23.2% |
| Financial income | 75/76B | €2 | €8 | +€6 | +232.3% |
| Recurring financial income | 75 | €2 | €8 | +€6 | +232.3% |
| Financial charges | 65/66B | €910 | €2,095 | +€1,185 | +130.1% |
| Recurring financial charges | 65 | €910 | €2,095 | +€1,185 | +130.1% |
| Profit (loss) for the period before taxes | 9903 | €39,975 | €29,323 | -€10,652 | -26.6% |
| Income taxes | 67/77 | €75 | €417 | +€341 | +453.0% |
| Profit (loss) for the period | 9904 | €39,900 | €28,906 | -€10,993 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,900 | €28,906 | -€10,993 | -27.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.