EVOLVE PERFORMANCE: 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 PERFORMANCE
Largest movements
- Receivables within one year -€37,325
down €37,325 (-36.6%), from €102,049 to €64,724
of which Trade receivables: -€41,790
- Tangible fixed assets -€34,058
down €34,058 (-11.3%), from €302,460 to €268,402
- Cash +€26,145
up €26,145 (+120%), from €21,818 to €47,963
mainly Depreciation (+€38,752) and Receivables within one year (+€37,325)
- Stocks and contracts +€7,540
up €7,540 (+16.9%), from €44,713 to €52,253
- Profit (loss) carried forward +€35,599
up €35,599 (+53.9%), from €66,045 to €101,644
- Trade debts -€32,787
down €32,787 (-53.3%), from €61,553 to €28,766
- Other debts -€28,643
down €28,643 (-30.9%), from €92,794 to €64,151
- Debts after one year -€22,402
down €22,402 (-12.0%), from €187,246 to €164,844
- Tax, wage and social debts +€14,761
up €14,761 (+44.3%), from €33,307 to €48,068
of which Taxes: +€14,333
- Gross operating margin +€51,169
up €51,169 (+30.6%), from €167,305 to €218,474
- Staff costs +€14,600
up €14,600 (+13.8%), from €106,173 to €120,773
- Taxes +€6,215
up €6,215 (+726%), from €856 to €7,072
- Financial charges +€5,793
up €5,793 (+88.8%), from €6,521 to €12,314
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €478,420 | €437,862 | -€40,559 | -8.5% |
| Fixed assets | 21/28 | €302,470 | €268,412 | -€34,058 | -11.3% |
| Tangible fixed assets | 22/27 | €302,460 | €268,402 | -€34,058 | -11.3% |
| Land and buildings | 22 | €242,206 | €230,673 | -€11,533 | -4.8% |
| Plant, machinery and equipment | 23 | €28,452 | €18,727 | -€9,725 | -34.2% |
| Furniture and vehicles | 24 | €31,802 | €19,002 | -€12,800 | -40.2% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €175,950 | €169,450 | -€6,501 | -3.7% |
| Stocks and contracts in progress | 3 | €44,713 | €52,253 | +€7,540 | +16.9% |
| Stocks | 30/36 | €44,713 | €52,253 | +€7,540 | +16.9% |
| Amounts receivable within one year | 40/41 | €102,049 | €64,724 | -€37,325 | -36.6% |
| Trade receivables | 40 | €102,049 | €60,259 | -€41,790 | -41.0% |
| Other amounts receivable | 41 | - | €4,465 | +€4,465 | |
| Cash at bank and in hand | 54/58 | €21,818 | €47,963 | +€26,145 | +120% |
| Deferred charges and accrued income | 490/1 | €7,371 | €4,510 | -€2,861 | -38.8% |
| Total equity and liabilities | 10/49 | €478,420 | €437,862 | -€40,559 | -8.5% |
| Equity | 10/15 | €72,978 | €108,576 | +€35,599 | +48.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €733 | €733 | = | 0.0% |
| Distributable reserves | 133 | €733 | €733 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,045 | €101,644 | +€35,599 | +53.9% |
| Amounts payable | 17/49 | €405,443 | €329,286 | -€76,157 | -18.8% |
| Amounts payable after more than one year | 17 | €187,246 | €164,844 | -€22,402 | -12.0% |
| Financial debts | 170/4 | €187,246 | €164,844 | -€22,402 | -12.0% |
| Amounts payable within one year | 42/48 | €216,006 | €163,387 | -€52,619 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €23,099 | €22,402 | -€696 | -3.0% |
| Trade debts | 44 | €61,553 | €28,766 | -€32,787 | -53.3% |
| Suppliers | 440/4 | €61,553 | €28,766 | -€32,787 | -53.3% |
| Advances received on contracts in progress | 46 | €5,253 | - | -€5,253 | |
| Taxes, remuneration and social security | 45 | €33,307 | €48,068 | +€14,761 | +44.3% |
| Taxes | 450/3 | €18,792 | €33,125 | +€14,333 | +76.3% |
| Remuneration and social security | 454/9 | €14,515 | €14,943 | +€428 | +2.9% |
| Other amounts payable | 47/48 | €92,794 | €64,151 | -€28,643 | -30.9% |
| Accrued charges and deferred income | 492/3 | €2,191 | €1,054 | -€1,136 | -51.9% |
| Remuneration, social security and pensions | 62 | €106,173 | €120,773 | +€14,600 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,936 | €38,752 | -€184 | -0.5% |
| Other operating charges | 640/8 | €3,765 | €4,345 | +€580 | +15.4% |
| Non-recurring operating charges | 66A | €1,812 | - | -€1,812 | |
| Gross operating margin | 9900 | €167,305 | €218,474 | +€51,169 | +30.6% |
| Operating profit (loss) | 9901 | €16,619 | €54,604 | +€37,986 | +229% |
| Financial income | 75/76B | €1,545 | €380 | -€1,165 | -75.4% |
| Recurring financial income | 75 | €1,545 | €380 | -€1,165 | -75.4% |
| Financial charges | 65/66B | €6,521 | €12,314 | +€5,793 | +88.8% |
| Recurring financial charges | 65 | €6,521 | €12,314 | +€5,793 | +88.8% |
| Profit (loss) for the period before taxes | 9903 | €11,643 | €42,670 | +€31,028 | +267% |
| Income taxes | 67/77 | €856 | €7,072 | +€6,215 | +726% |
| Profit (loss) for the period | 9904 | €10,786 | €35,599 | +€24,813 | +230% |
| Profit (loss) for the period to be appropriated | 9905 | €10,786 | €35,599 | +€24,813 | +230% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.