A.C. EVOLUTION
ActiveSummary
A.C. EVOLUTION has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,607 and a net result of €34,610. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 42% of 9,316 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Staff
- 2.4 FTE
- Equity
- €44,607
- Profit
- €34,610
Why 89raises riskSector: Construction of residential and non-residential buildings (NACE 41)Size: turnover €0, total assets €123,325lowers riskFounded in 2012Liquidity: current ratio 1.46, cash €39,861Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 44% on solvency, 67% on liquidity, 91% on profitability and 97% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 57 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Back to profitnet €34,610
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result returns to profit in 2025: €35,965 after a loss of €16,587 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,695 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | €0 | €0 | €0 | - |
| Non-recurring operating income76A | - | €0 | €0 | ▼ 40.0% |
| Goods, raw materials, services and sundry goods60/61 | €0 | €0 | €0 | - |
| Remuneration, social security and pensions62 | €99,521 | €96,622 | €118,220 | ▲ 22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,820 | €13,887 | €3,313 | ▼ 76.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€13,499 | - | - | - |
| Other operating charges640/8 | €22,697 | €5,459 | €1,880 | ▼ 65.6% |
| Gross operating margin9900 | €102,941 | €99,380 | €159,378 | ▲ 60.4% |
| Operating profit (loss)9901 | -€22,597 | -€16,587 | €35,965 | - |
| Financial income75/76B | €450 | €684 | €616 | ▼ 10.0% |
| Recurring financial income75 | €450 | €684 | €616 | ▼ 10.0% |
| Financial charges65/66B | €1,634 | €2,429 | €1,355 | ▼ 44.2% |
| Recurring financial charges65 | €1,634 | €2,421 | €1,355 | ▼ 44.0% |
| Non-recurring financial charges66B | €0 | €9 | €1 | ▼ 92.9% |
| Profit (loss) for the period before taxes9903 | -€23,782 | -€18,333 | €35,225 | - |
| Income taxes67/77 | €734 | €607 | €615 | ▲ 1.4% |
| Profit (loss) for the period9904 | -€24,516 | -€18,939 | €34,610 | - |
| Profit (loss) for the period to be appropriated9905 | -€24,516 | -€18,939 | €34,610 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €133,429 | €85,759 | €123,325 | ▲ 43.8% |
| Formation expenses20 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €39,573 | €26,625 | €23,312 | ▼ 12.4% |
| Tangible fixed assets22/27 | €39,223 | €26,275 | €22,962 | ▼ 12.6% |
| Plant, machinery and equipment23 | €28,471 | €26,275 | €22,962 | ▼ 12.6% |
| Furniture and vehicles24 | €10,752 | €0 | €0 | - |
| Financial fixed assets28 | €350 | €350 | €350 | = |
| Current assets29/58 | €93,855 | €59,135 | €100,013 | ▲ 69.1% |
| Amounts receivable within one year40/41 | €57,495 | €41,503 | €60,152 | ▲ 44.9% |
| Trade receivables40 | €47,992 | €40,818 | €58,030 | ▲ 42.2% |
| Other amounts receivable41 | €9,503 | €685 | €2,122 | ▲ 210% |
| Cash at bank and in hand54/58 | €36,360 | €17,632 | €39,861 | ▲ 126% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €133,429 | €85,759 | €123,325 | ▲ 43.8% |
| Equity10/15 | €28,936 | €9,997 | €44,607 | ▲ 346% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €8,476 | -€10,463 | €24,147 | - |
| Amounts payable17/49 | €104,493 | €75,763 | €78,718 | ▲ 3.9% |
| Amounts payable after more than one year17 | €31,626 | €16,441 | €10,329 | ▼ 37.2% |
| Financial debts170/4 | €31,626 | €16,441 | €10,329 | ▼ 37.2% |
| Amounts payable within one year42/48 | €72,866 | €59,322 | €68,388 | ▲ 15.3% |
| Current portion of amounts payable after more than one year42 | €17,100 | €15,185 | €6,112 | ▼ 59.8% |
| Trade debts44 | €42,858 | €15,378 | €45,540 | ▲ 196% |
| Suppliers440/4 | €42,858 | €15,378 | €45,540 | ▲ 196% |
| Taxes, remuneration and social security45 | €10,944 | €11,966 | €16,737 | ▲ 39.9% |
| Taxes450/3 | €1,184 | €1,149 | €1,775 | ▲ 54.5% |
| Remuneration and social security454/9 | €9,760 | €10,817 | €14,962 | ▲ 38.3% |
| Other amounts payable47/48 | €1,964 | €16,793 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €0 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,516 | -€18,939 | €34,610 | - |
| + Depreciation and write-downs630 | €16,820 | €13,887 | €3,313 | ▼ 76.1% |
| Operating cash flow (approximation) | -€7,696 | -€5,052 | €37,923 | - |
| Investment in fixed assets (approximation) | - | -€939 | €0 | - |
| Change in cash | - | -€18,728 | €22,229 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 11-05-2026 | 2026-00111468 |
| 31-12-2024 | micro format | 17-06-2025 | 2025-00149587 |
| 31-12-2023 | micro format | 14-06-2024 | 2024-00141213 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ARGENTOCarmelo |
|
Owners and capital
Capital and shareholders
- 20-12-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
20-12
Gazette deed
Reappointment: ARGENTOCarmelo (administrateuruniquenonstatutaire)Legal-form conversion · Registered office clause · Capital conversion7 facts ▸
- General meeting, 05-12-2023
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Registered office clause, “4041 Herstal(Vottem),Rue du Bouxthay,283” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression du compte de capitaux propres statutairement indisponible, fonds disponibles pour distribution” (deed in French)
- Amendment of the articles
- Director reappointment, ARGENTOCarmelo (administrateuruniquenonstatutaire)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0846.989.647
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62112B0205/00H002 | Wallonia | 383 m² | 1 · 53 m² | 10.2 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’entreprise générale de construction ou de transformation,d’aménagement,de désaffectation d’immeubles bâtis ou à bâtir; Les activités du…” (deed in French)
14 activities (deed in French)
- L’entreprise générale de construction ou de transformation,d’aménagement,de désaffectation d’immeubles bâtis ou à bâtir
- Les activités du gros œuvre,notamment les travaux de maçonnerie et de rejointoiement,de béton et de démolition
- Les activités de plafonnage,du cimentage et de la pose de chapes
- Les activités de carrelage,du marbre et de la pierre naturelle
- Les activités de la toiture,de l’isolation et de l’étanchéité
- Les activités de la menuiserie et de la vitrerie
- Les activités de la finition,notamment des travaux de peinture,de tapisserie et de placement au sol des couvertures souples
- Les activités de l’installation de chauffage central,de ventilation,de climatisation,du gaz et du sanitaire
- Les activités de plomberie
- Les activités de l’électrotechnique,l’installation de câbles et appareils électriques,l’installation de systèmes de télécommunication et surveillance,l’installation de système d’éclairage
- Toutes opérations immobilières généralement quelconques comprenant notamment l’achat,la vente,la revente,la prise en location,la mise en location,la sous-location,la gestion,la restauration,la transformation,la mise en valeur,la décoration,la promotion immobilière,les avant-projets de constructions,l’édification de toutes constructions en tant que maître de l’ouvrage ou entrepreneur général ainsi que la signature des contrats d’entreprises qui seraient nécessaires
- Toutes opérations commerciales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à son objet ou qui seraient de nature à en faciliter directement ou indirectement,entièrement ou partiellement,la réalisation
- S’intéresser par voie d’apport,de fusion,de souscription ou de toute autre manière dans toutes affaires,entreprises,associations ou société ayant un objet identique,analogue ou connexe au sien ou qui sont de nature à favoriser le développement de son entreprise,à lui procurer des matières premières,à faciliter l’écoulement de ses produits ou la prestation de ses services
- Exercer la fonction d’administrateur ou de liquidateur pour toutes sociétés
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- A.C. EVOLUTION
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, pour autant que cette décision n’entraîne pas de changement en matière de régime linguistique applicable” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est attribuée…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, assemblée peut accorder indemnité départ” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs proportionnellement si plusieurs, choisi commun accord ou président tribunal de l'entreprise statuant comme…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Wednesday of May at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed