EVOLVE+: 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.
EVOLVE+
Largest movements
- Cash +€46,326
up €46,326 (+55.1%), from €84,084 to €130,410
mainly Net result for the year (+€31,693) and Receivables within one year (+€17,549)
- Receivables within one year -€17,549
no longer reported in 2025 (was €17,549)
- Tangible fixed assets -€1,705
down €1,705 (-21.5%), from €7,945 to €6,240
of which Land and buildings: -€1,000
- Reserves +€31,693
up €31,693 (+39.2%), from €80,844 to €112,537
- Tax, wage and social debts -€3,385
down €3,385 (-13.4%), from €25,283 to €21,898
of which Taxes: -€3,385
- Trade debts -€2,265
down €2,265 (-73.2%), from €3,093 to €828
- Gross operating margin -€11,847
down €11,847 (-19.8%), from €59,887 to €48,040
- Taxes -€3,193
down €3,193 (-19.9%), from €16,060 to €12,866
- Depreciation +€610
up €610 (+55.7%), from €1,094 to €1,705
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 | €112,220 | €139,275 | +€27,055 | +24.1% |
| Fixed assets | 21/28 | €7,945 | €6,240 | -€1,705 | -21.5% |
| Tangible fixed assets | 22/27 | €7,945 | €6,240 | -€1,705 | -21.5% |
| Land and buildings | 22 | €5,936 | €4,936 | -€1,000 | -16.8% |
| Plant, machinery and equipment | 23 | €1,422 | €1,069 | -€353 | -24.8% |
| Furniture and vehicles | 24 | €587 | €235 | -€352 | -59.9% |
| Current assets | 29/58 | €104,275 | €133,034 | +€28,759 | +27.6% |
| Amounts receivable within one year | 40/41 | €17,549 | - | -€17,549 | |
| Trade receivables | 40 | €17,549 | - | -€17,549 | |
| Cash at bank and in hand | 54/58 | €84,084 | €130,410 | +€46,326 | +55.1% |
| Deferred charges and accrued income | 490/1 | €2,642 | €2,624 | -€18 | -0.7% |
| Total equity and liabilities | 10/49 | €112,220 | €139,275 | +€27,055 | +24.1% |
| Equity | 10/15 | €83,844 | €115,537 | +€31,693 | +37.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €80,844 | €112,537 | +€31,693 | +39.2% |
| Distributable reserves | 133 | €80,844 | €112,537 | +€31,693 | +39.2% |
| Amounts payable | 17/49 | €28,376 | €23,738 | -€4,638 | -16.3% |
| Amounts payable within one year | 42/48 | €28,376 | €23,738 | -€4,638 | -16.3% |
| Trade debts | 44 | €3,093 | €828 | -€2,265 | -73.2% |
| Suppliers | 440/4 | €3,093 | €828 | -€2,265 | -73.2% |
| Taxes, remuneration and social security | 45 | €25,283 | €21,898 | -€3,385 | -13.4% |
| Taxes | 450/3 | €23,183 | €19,798 | -€3,385 | -14.6% |
| Remuneration and social security | 454/9 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | - | €1,011 | +€1,011 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,094 | €1,705 | +€610 | +55.7% |
| Other operating charges | 640/8 | €551 | €652 | +€101 | +18.4% |
| Gross operating margin | 9900 | €59,887 | €48,040 | -€11,847 | -19.8% |
| Operating profit (loss) | 9901 | €58,242 | €45,683 | -€12,558 | -21.6% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,389 | €1,129 | -€261 | -18.8% |
| Recurring financial charges | 65 | €1,389 | €1,129 | -€261 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €56,853 | €44,560 | -€12,293 | -21.6% |
| Income taxes | 67/77 | €16,060 | €12,866 | -€3,193 | -19.9% |
| Profit (loss) for the period | 9904 | €40,793 | €31,693 | -€9,100 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,793 | €31,693 | -€9,100 | -22.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.