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 +€115,842
up €115,842 (+193%), from €60,012 to €175,854
mainly Net result for the year (+€104,300) and Tax, wage and social debts (+€41,933)
- Receivables within one year -€17,111
down €17,111 (-24.9%), from €68,733 to €51,622
of which Trade receivables: -€18,337
- Reserves +€104,300
up €104,300 (+143%), from €72,850 to €177,150
of which Distributable reserves: +€52,517
- Tax, wage and social debts +€41,933
up €41,933 (+151%), from €27,789 to €69,722
- Debts after one year -€37,537
down €37,537 (-4.2%), from €899,125 to €861,588
of which Financial debts: -€37,537
- Gross operating margin +€48,934
up €48,934 (+48.4%), from €101,161 to €150,095
- Taxes +€8,725
up €8,725 (+35.5%), from €24,580 to €33,305
- Financial charges +€8,700
up €8,700 (+273%), from €3,183 to €11,884
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 | €1,064,746 | €1,171,176 | +€106,430 | +10.0% |
| Fixed assets | 21/28 | €936,000 | €936,000 | = | 0.0% |
| Financial fixed assets | 28 | €936,000 | €936,000 | = | 0.0% |
| Current assets | 29/58 | €128,746 | €235,176 | +€106,430 | +82.7% |
| Amounts receivable within one year | 40/41 | €68,733 | €51,622 | -€17,111 | -24.9% |
| Trade receivables | 40 | €68,337 | €50,000 | -€18,337 | -26.8% |
| Other amounts receivable | 41 | €396 | €1,622 | +€1,225 | +309% |
| Cash at bank and in hand | 54/58 | €60,012 | €175,854 | +€115,842 | +193% |
| Deferred charges and accrued income | 490/1 | - | €7,700 | +€7,700 | |
| Total equity and liabilities | 10/49 | €1,064,746 | €1,171,176 | +€106,430 | +10.0% |
| Equity | 10/15 | €97,850 | €202,150 | +€104,300 | +107% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €72,850 | €177,150 | +€104,300 | +143% |
| Tax-exempt reserves | 132 | - | €51,783 | +€51,783 | |
| Distributable reserves | 133 | €72,850 | €125,367 | +€52,517 | +72.1% |
| Amounts payable | 17/49 | €966,895 | €969,026 | +€2,131 | +0.2% |
| Amounts payable after more than one year | 17 | €899,125 | €861,588 | -€37,537 | -4.2% |
| Financial debts | 170/4 | €363,125 | €325,588 | -€37,537 | -10.3% |
| Other amounts payable | 178/9 | €536,000 | €536,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €65,090 | €107,438 | +€42,348 | +65.1% |
| Current portion of amounts payable after more than one year | 42 | €36,875 | €37,537 | +€662 | +1.8% |
| Trade debts | 44 | €426 | €179 | -€247 | -57.9% |
| Suppliers | 440/4 | €426 | €179 | -€247 | -57.9% |
| Taxes, remuneration and social security | 45 | €27,789 | €69,722 | +€41,933 | +151% |
| Taxes | 450/3 | €27,789 | €69,722 | +€41,933 | +151% |
| Accrued charges and deferred income | 492/3 | €2,680 | - | -€2,680 | |
| Other operating charges | 640/8 | €547 | €607 | +€60 | +11.0% |
| Gross operating margin | 9900 | €101,161 | €150,095 | +€48,934 | +48.4% |
| Operating profit (loss) | 9901 | €100,614 | €149,488 | +€48,874 | +48.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,183 | €11,884 | +€8,700 | +273% |
| Recurring financial charges | 65 | €3,183 | €11,884 | +€8,700 | +273% |
| Profit (loss) for the period before taxes | 9903 | €97,430 | €137,604 | +€40,174 | +41.2% |
| Income taxes | 67/77 | €24,580 | €33,305 | +€8,725 | +35.5% |
| Profit (loss) for the period | 9904 | €72,850 | €104,300 | +€31,449 | +43.2% |
| Transfer to tax-exempt reserves | 689 | - | €51,783 | +€51,783 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,850 | €52,517 | -€20,334 | -27.9% |
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 27 October 2026 via checked.be.