EVOLVE-IT: 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-IT
Largest movements
- Cash -€31,605
down €31,605 (-11.6%), from €272,615 to €241,011
mainly Contributions, distributions and other (-€40,000) and Receivables within one year (-€28,570)
- Receivables within one year +€28,570
up €28,570 (+40.3%), from €70,954 to €99,524
of which Trade receivables: +€18,455
- Tangible fixed assets +€3,607
up €3,607 (+30.3%), from €11,920 to €15,527
of which Plant, machinery and equipment: +€2,891
- Reserves -€31,860
down €31,860 (-10.8%), from €294,860 to €263,000
of which Tax-exempt reserves: -€30,000
- Other debts +€30,000
up €30,000 (+300.0%), from €10,000 to €40,000
- Trade debts +€5,283
up €5,283 (+41.6%), from €12,697 to €17,980
- Gross operating margin -€47,190
down €47,190 (-52.7%), from €89,531 to €42,342
- Taxes -€7,604
down €7,604 (-25.3%), from €30,108 to €22,504
- Other operating charges +€5,285
up €5,285 (+2608.2%), from €203 to €5,487
- Financial income -€5,056
no longer reported in 2025 (was €5,056)
- Depreciation +€1,448
up €1,448 (+78.5%), from €1,844 to €3,293
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 | €355,514 | €356,087 | +€573 | +0.2% |
| Fixed assets | 21/28 | €11,945 | €15,552 | +€3,607 | +30.2% |
| Tangible fixed assets | 22/27 | €11,920 | €15,527 | +€3,607 | +30.3% |
| Land and buildings | 22 | €1,916 | €1,572 | -€345 | -18.0% |
| Plant, machinery and equipment | 23 | - | €2,891 | +€2,891 | |
| Furniture and vehicles | 24 | €3,263 | €5,268 | +€2,005 | +61.4% |
| Other tangible fixed assets | 26 | €6,741 | €5,796 | -€945 | -14.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €343,569 | €340,535 | -€3,034 | -0.9% |
| Amounts receivable within one year | 40/41 | €70,954 | €99,524 | +€28,570 | +40.3% |
| Trade receivables | 40 | €54,192 | €72,647 | +€18,455 | +34.1% |
| Other amounts receivable | 41 | €16,762 | €26,877 | +€10,115 | +60.3% |
| Cash at bank and in hand | 54/58 | €272,615 | €241,011 | -€31,605 | -11.6% |
| Total equity and liabilities | 10/49 | €355,514 | €356,087 | +€573 | +0.2% |
| Equity | 10/15 | €308,990 | €279,927 | -€29,062 | -9.4% |
| Contributions | 10/11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €294,860 | €263,000 | -€31,860 | -10.8% |
| Non-distributable reserves | 130/1 | €70,860 | €69,000 | -€1,860 | -2.6% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €69,000 | €69,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €224,000 | €194,000 | -€30,000 | -13.4% |
| Profit (loss) carried forward | 14 | €7,930 | €8,867 | +€938 | +11.8% |
| Amounts payable | 17/49 | €46,525 | €76,159 | +€29,635 | +63.7% |
| Amounts payable within one year | 42/48 | €44,193 | €76,159 | +€31,966 | +72.3% |
| Trade debts | 44 | €12,697 | €17,980 | +€5,283 | +41.6% |
| Suppliers | 440/4 | €12,697 | €17,980 | +€5,283 | +41.6% |
| Taxes, remuneration and social security | 45 | €21,497 | €18,179 | -€3,317 | -15.4% |
| Taxes | 450/3 | €21,497 | €18,179 | -€3,317 | -15.4% |
| Other amounts payable | 47/48 | €10,000 | €40,000 | +€30,000 | +300.0% |
| Accrued charges and deferred income | 492/3 | €2,331 | - | -€2,331 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,844 | €3,293 | +€1,448 | +78.5% |
| Other operating charges | 640/8 | €203 | €5,487 | +€5,285 | +2608.2% |
| Gross operating margin | 9900 | €89,531 | €42,342 | -€47,190 | -52.7% |
| Operating profit (loss) | 9901 | €87,484 | €33,562 | -€53,923 | -61.6% |
| Financial income | 75/76B | €5,056 | - | -€5,056 | |
| Recurring financial income | 75 | €5,056 | - | -€5,056 | |
| Financial charges | 65/66B | €133 | €119 | -€14 | -10.2% |
| Recurring financial charges | 65 | €133 | €119 | -€14 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €92,407 | €33,442 | -€58,965 | -63.8% |
| Income taxes | 67/77 | €30,108 | €22,504 | -€7,604 | -25.3% |
| Profit (loss) for the period | 9904 | €62,299 | €10,938 | -€51,362 | -82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,299 | €10,938 | -€51,362 | -82.4% |
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 11 October 2026 via checked.be.