Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
Belgium
In shortEvs Broadcast Equipment is profitable, generates cash and holds more cash than debt, with revenue growing (+14.3% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 22.7% | 92/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 21.7% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 20.8% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 18.0% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 3.43× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.06× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 40.04× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 29.4% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.36× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 4 | 100/100 |
| Revenue growth volatility | 21.9% | 30/100 |
| Operating margin volatility | 8.0% | 36/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 12.9% | 88/100 |
|---|---|---|
| EPS growth, 3-year average | 5.5% | 53/100 |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
The last 5 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 88 | 138 | 148 | 173 | 198 |
| Cost of revenue | 30 | 42 | 49 | 53 | 55 |
| Gross profit | 59 | 96 | 99 | 121 | 143 |
| Research & development | 24 | 27 | 26 | 32 | 42 |
| Selling, general & admin | 27 | 32 | 40 | 47 | 54 |
| Operating income | 5.7 | 37 | 32 | 41 | 45 |
| Interest expense | 0.8 | 0.9 | 0.9 | 0.9 | 1.1 |
| Pre-tax income | 4.4 | 38 | 33 | 41 | 46 |
| Income tax | (2.8) | 2.8 | 1.4 | 3.6 | 3.1 |
| Net income | 7.2 | 35 | 31 | 37 | 43 |
| Diluted EPS | €0.53 | €2.57 | €2.29 | €2.65 | €3.02 |
| Diluted shares (millions) | 14 | 14 | 14 | 14 | 14 |
Not computed: a required balance-sheet item is missing.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2024 · Data updated Apr 18, 2025