Financials
Financial year 2025
Evolv Engineering from Roeselare, company number BE0430475409, closed financial year 2025 with a result of € 320,033 after tax. For that financial year Evolv Engineering recorded a gross margin of € 1.4 million and equity of € 607,729. Compared with financial year 2022, the result moved from € 134,223 to € 320,033. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 607,729
▲ 18% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 320,033
▲ 138% vs 2022
Profit after tax over the fiscal year.
€ 623,267
▲ 28% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 525,729.
People and assets in 2025
12.7
▼ 6.8 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 963,467
▼ 24% vs 2022
€ 75,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,203
▼ 88% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 740
▼ € 158,151 vs 2022
Loans from banks and other lenders, long and short.
€ 108,071
▼ 58% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 136,268
▼ 34% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2025 | Change 2022 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 1,700,065 | € 1,674,162 | € 1,444,672 | ▼ 14% |
| Profit after taxes | € 329,599 | € 134,223 | € 320,033 | ▲ 138% |
| Equity | € 679,157 | € 513,379 | € 607,729 | ▲ 18% |
| Total debts | € 735,712 | € 840,181 | € 477,038 | ▼ 43% |
| Cash | € 446,384 | € 488,225 | € 623,267 | ▲ 28% |
| Retained profit | € 617,157 | € 451,379 | € 525,729 | ▲ 16% |
| Dividend | € 105,000 | € 300,000 | € 0 | ▼ 100% |
| Bank debt | € 161,977 | € 158,891 | € 740 | ▼ € 158,151 |
| Balance sheet total | € 1,481,119 | € 1,502,144 | € 1,147,266 | ▼ 24% |
| Employees (FTE) | 18.8 | 19.5 | 12.7 | ▼ 6.8 |
Key figures of Evolv Engineering, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Evolv Engineering?
What happened at Evolv Engineering in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 320,033 (▲ 138% vs 2022). Source: NBB ↗
- Establis Group BV became a director. NBB
- NOOTION BV became a director. NBB
- New establishment in Gent. KBO
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 329,599 profit in 2021 to € 320,033 profit in 2025.
Paid € 275,339 in corporate taxes since 2021.
Best year ever: 2021, with € 329,599 profit.
On average € 113,800 of value added per employee in 2025.
Management
The stake of ESTABLIS GROUP, BEEHIVE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Evolv EngineeringBehind Evolv Engineering are Establis Group BV and NOOTION BV. The shares are held by ESTABLIS GROUP (84%) and BEEHIVE (39%).
Directors
According to the 2025 annual accounts
Managing director · represented by Frederik Moortgat
Also active at: ESTABLIS GENT, SKALD ENGINEERING, TAYTREAM, ESTABLIS ANTWERPEN
since 2025
Director · represented by Alexander Wullaert
since 2025
Shareholders
84%
39%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beversesteenweg 612
8800 Roeselare
Derbystraat 107
9051 Gent
Active since 1 July 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →DEVI
SKALD ENGINEERING same network
€ 1.4 million gross margin · 2025
TAYTREAM same network
€ 61,999 gross margin · 2025
PFN
ESTABLIS GROUP same network
€ 355,982 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.475.409
- VAT number
- BE 0430.475.409
- Registered office
- Beversesteenweg 612, 8800 Roeselare
- Names & denominations
- Evolv Engineering
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 1987
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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