Evolution Belgium
0638.824.479 · rovalta.com · 22/09/2026
NORMAL SITUATION
Evolution Belgium
Financial year 2024 · closed on 31/12/2024
Net result
90,8 k €
+26.0% YoY
Gross margin
866,9 k €
+4.0% YoY
Equity
680,3 k €
+15.4% YoY
Workforce
10,5 ETP
-23.9% YoY
Company — Normal situation.
Overview
What does Evolution Belgium do?
Evolution Belgium is a company registered in Belgium. It employs on average 10,5 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0638.824.479
Legal form
Private limited company
Contributed capital
18 550,00 €
Latest accounts
31/12/2024
Average workforce
10,5 ETP
Joint committees (4)
- 217
- 218
- 227
- 22700
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 8 financial years
| 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||
| Gross margin | 866,9 k € | +4.0% | 833,4 k € | -7.3% | 899 k € | -20.9% | 1,1 M € | +17.0% | 971,5 k € | +14.8% | 846,1 k € | +7.3% | 788,6 k € | -36.9% | 1,2 M € |
| EBITDA | 145,1 k € | +15.1% | 126,1 k € | -6.6% | 135,1 k € | -13.6% | 156,4 k € | +13.6% | 137,7 k € | -29.7% | 195,9 k € | -17.1% | 236,3 k € | -33.5% | 355,1 k € |
| Operating result | 105,4 k € | +4.1% | 101,3 k € | -4.5% | 106,1 k € | -13.8% | 123,1 k € | +29.4% | 95,1 k € | +8.9% | 87,3 k € | -0.5% | 87,7 k € | -36.5% | 138,1 k € |
| Net result | 90,8 k € | +26.0% | 72,1 k € | -9.9% | 80 k € | -7.1% | 86,2 k € | +27.3% | 67,7 k € | +14.8% | 59 k € | +6.7% | 55,3 k € | -38.4% | 89,7 k € |
| Balance sheet | |||||||||||||||
| Equity | 680,3 k € | +15.4% | 589,5 k € | +13.9% | 517,4 k € | +18.3% | 437,3 k € | +50.7% | 290,2 k € | +30.4% | 222,5 k € | +36.1% | 163,5 k € | +51.1% | 108,2 k € |
| Total assets | 938,5 k € | +20.0% | 782 k € | +11.7% | 699,9 k € | -0.2% | 701,5 k € | +37.4% | 510,7 k € | +5.7% | 483 k € | +35.1% | 357,4 k € | -17.9% | 435,4 k € |
| Cash | 21,8 k € | -82.2% | 122,8 k € | +111% | 58,2 k € | -75.6% | 238,8 k € | +346% | 53,5 k € | -51.7% | 110,7 k € | -38.8% | 181 k € | +47.7% | 122,5 k € |
| Debts | 240 k € | +24.7% | 192,5 k € | +5.5% | 182,5 k € | -30.9% | 264,2 k € | +19.8% | 220,5 k € | -15.4% | 260,5 k € | +34.3% | 194 k € | -40.7% | 327,2 k € |
| Other | |||||||||||||||
| Workforce | 10,5 ETP | -23.9% | 13,8 ETP | -1.4% | 14,0 ETP | -23.5% | 18,3 ETP | +5.2% | 17,4 ETP | +24.3% | 14,0 ETP | +13.8% | 12,3 ETP | -6.8% | 13,2 ETP |
Governance
Board of directors
Seen on filing of 31/12/2024 · 2 active · 10 ended
Active mandates
Evolution Malta Holding Limited
ActiveEvolution Malta Limited
ActiveEnded mandates
Evolution Malta Limited
EndedMartin CARLESUND
EndedFinancials
Annual accounts
Full financial information
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/06/2025 | 08/07/2024 | 25/07/2023 | 19/05/2022 | 20/05/2021 | 27/08/2020 |
| General meeting | 09/06/2025 | 13/06/2024 | 30/06/2023 | 21/04/2022 | 26/04/2021 | 10/08/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
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Try for 7 daysFilings
Annual accounts filings
10 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 09/06/2025 | 30/06/2025 | French | |
| Abridged model | 31/12/2023 | 13/06/2024 | 08/07/2024 | French | |
| Abridged model | 31/12/2022 | 30/06/2023 | 25/07/2023 | French | |
| Abridged model | 31/12/2021 | 21/04/2022 | 19/05/2022 | French | |
| Abridged model | 31/12/2020 | 26/04/2021 | 20/05/2021 | French | |
| Abridged model | 31/12/2019 | 10/08/2020 | 27/08/2020 | French | |
| Abridged model | 31/12/2018 | 28/06/2019 | 23/07/2019 | French | |
| Abridged model | 31/12/2017 | 31/08/2018 | 31/08/2018 | French | |
| Abridged modelCorrection | 31/12/2016 | 31/03/2017 | 03/01/2018 | French | |
| Abridged model | 31/12/2016 | 31/03/2017 | 22/06/2017 | French |
Valuation
Estimate
Indicative valuation
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2024 · 2 active · 10 ended
Active mandates
Evolution Malta Holding Limited
ActiveEvolution Malta Limited
ActiveEnded mandates
Evolution Malta Limited
EndedMartin CARLESUND
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Dissolution08/01/2026RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 202490,8 k €↑
- 2023Annual accounts 202372,1 k €↓
- 2022Annual accounts 202280 k €↓
- 2021Annual accounts 202186,2 k €↑
- 2019Annual accounts 201967,7 k €↑
- 2018Annual accounts 201859 k €↑
- 2017Annual accounts 201755,3 k €↓
- 2016Annual accounts 201689,7 k €