EVOLVE: 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.
EVOLVE
Largest movements
- Current investments -€179,997
down €179,997 (-73.1%), from €246,090 to €66,093
- Cash +€88,518
up €88,518 (+142.4%), from €62,158 to €150,676
mainly Current investments (+€179,997) and Net result for the year (+€94,744)
- Tangible fixed assets -€14,146
no longer reported in 2025 (was €14,146)
- Reserves -€111,301
down €111,301 (-42.8%), from €259,933 to €148,632
- Tax, wage and social debts +€7,231
up €7,231 (+65.2%), from €11,094 to €18,325
- Taxes +€12,861
up €12,861 (+51.2%), from €25,143 to €38,005
- Financial income +€6,446
up €6,446 (+180.6%), from €3,569 to €10,015
- Gross operating margin +€1,977
up €1,977 (+1.5%), from €135,852 to €137,829
- Depreciation -€1,692
down €1,692 (-10.7%), from €15,838 to €14,146
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 | €344,337 | €237,809 | -€106,528 | -30.9% |
| Fixed assets | 21/28 | €14,146 | - | -€14,146 | |
| Tangible fixed assets | 22/27 | €14,146 | - | -€14,146 | |
| Furniture and vehicles | 24 | €14,146 | - | -€14,146 | |
| Current assets | 29/58 | €330,191 | €237,809 | -€92,381 | -28.0% |
| Amounts receivable within one year | 40/41 | €21,720 | €20,811 | -€909 | -4.2% |
| Trade receivables | 40 | €16,698 | €17,811 | +€1,113 | +6.7% |
| Other amounts receivable | 41 | €5,022 | €3,000 | -€2,022 | -40.3% |
| Current investments | 50/53 | €246,090 | €66,093 | -€179,997 | -73.1% |
| Cash at bank and in hand | 54/58 | €62,158 | €150,676 | +€88,518 | +142.4% |
| Deferred charges and accrued income | 490/1 | €223 | €229 | +€6 | +2.9% |
| Total equity and liabilities | 10/49 | €344,337 | €237,809 | -€106,528 | -30.9% |
| Equity | 10/15 | €266,133 | €154,832 | -€111,301 | -41.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €259,933 | €148,632 | -€111,301 | -42.8% |
| Distributable reserves | 133 | €259,933 | €148,632 | -€111,301 | -42.8% |
| Amounts payable | 17/49 | €78,204 | €82,977 | +€4,773 | +6.1% |
| Amounts payable within one year | 42/48 | €78,204 | €82,977 | +€4,773 | +6.1% |
| Trade debts | 44 | €1,798 | €1,643 | -€155 | -8.6% |
| Suppliers | 440/4 | €1,798 | €1,643 | -€155 | -8.6% |
| Taxes, remuneration and social security | 45 | €11,094 | €18,325 | +€7,231 | +65.2% |
| Taxes | 450/3 | €11,094 | €18,325 | +€7,231 | +65.2% |
| Other amounts payable | 47/48 | €65,312 | €63,009 | -€2,302 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,838 | €14,146 | -€1,692 | -10.7% |
| Other operating charges | 640/8 | €487 | €500 | +€12 | +2.5% |
| Gross operating margin | 9900 | €135,852 | €137,829 | +€1,977 | +1.5% |
| Operating profit (loss) | 9901 | €119,526 | €123,183 | +€3,657 | +3.1% |
| Financial income | 75/76B | €3,569 | €10,015 | +€6,446 | +180.6% |
| Recurring financial income | 75 | €3,569 | €10,015 | +€6,446 | +180.6% |
| Financial charges | 65/66B | €214 | €449 | +€235 | +110.1% |
| Recurring financial charges | 65 | €214 | €449 | +€235 | +110.1% |
| Profit (loss) for the period before taxes | 9903 | €122,882 | €132,749 | +€9,867 | +8.0% |
| Income taxes | 67/77 | €25,143 | €38,005 | +€12,861 | +51.2% |
| Profit (loss) for the period | 9904 | €97,739 | €94,744 | -€2,994 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €97,739 | €94,744 | -€2,994 | -3.1% |
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 8 October 2026 via checked.be.