Losses
-€10,435 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
COM'EVOLVE
Overview
Lifetime
5 annual accounts with figures on one time axispeak €42,634 (2022)
€7,785▼ 21.0%
lowest -€7,191 (2025)
-€7,191▼ €3,947
peak €50,526 (2023)
€40,090▼ 15.2%
€19,052▼ 53.4%
Board1 name since 2021
1 directorGAUDRON Julien Patrick André
Documentsfilings and deeds
21-07-202610 days before the deadline
2025micro format
Gross margin from €9,850 to €7,785Loss of €7,191Registered office moved from Chaudfontaine to Grivegnée 26-03Equity from €47,282 to €40,090Debts from €40,861 to €19,052Cash from €36,712 to €17,462
Key points
from the 2025 annual accountsChecked score
54
Fair
Financially stronger than 51% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,276 companies (NACE 47, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 11.4%
01-2025: 11.4%● unchanged vs 12-2024
02-2025: 11.3%▼ -0.1 percentage points vs 01-2025
03-2025: 11.3%● unchanged vs 02-2025
04-2025: 16.6%▲ +5.3 percentage points vs 03-2025highest value
05-2025: 16.6%● unchanged vs 04-2025highest value
06-2025: 16.6%● unchanged vs 05-2025highest value
07-2025: 4.6%▼ -12.0 percentage points vs 06-2025
08-2025: 5.9%▲ +1.3 percentage points vs 07-2025
09-2025: 6.0%▲ +0.1 percentage points vs 08-2025
10-2025: 9.5%▲ +3.5 percentage points vs 09-2025
11-2025: 1.8%▼ -7.7 percentage points vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025lowest value
02-2026: 1.8%● unchanged vs 01-2026
03-2026: 1.8%● unchanged vs 02-2026
04-2026: 1.9%▲ +0.1 percentage points vs 03-2026
05-2026: 2.1%▲ +0.2 percentage points vs 04-2026
06-2026: 2.1%● unchanged vs 05-2026
07-2026: 2.1%● unchanged vs 06-2026
08-2026: 1.9%▼ -0.2 percentage points vs 07-2026
09-2026: 2.0%▲ +0.1 percentage points vs 08-2026
10-2026: 2.0%● unchanged vs 09-2026
11-2026: 2.0%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
2 of the last 3 accounts late
Loss of €7,191, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 2.24, cash €17,462, halved
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 79% of them on solvency, 79% on liquidity, 24% on profitability and 23% on growth.
The bankruptcy probability was computed on 07-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,591 companies had the same profile as COM'EVOLVE has now. Each dot stands for 9 companies, two years later.
87.4%
were still trading
9.4%
stopped another way
3.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of COM'EVOLVE itself: 2.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,591 companies, not a prediction for COM'EVOLVE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.24 (2.05 in 2024), above the usual 1.5. Short-term debt is 32.2% and cash 29.5% of total assets. 32.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€7,191
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-07-2026, 10 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
10 days early
2024
64 days late
2023
327 days late
2022
693 days late
2021
352 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 285 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 June (4 of the last 5 accounts filed within 338 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0762789885
Registered office moved from Chaudfontaine to Grivegnée
New registered office: Avenue des Coteaux 1, 4030 Grivegnée · Previous registered office: Fond des Bois 33, 4050 Chaudfontaine · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founder: GAUDRON Julien Patrick André (fondateur,comparant) · Appointment: GAUDRON Julien Patrick André (director) · published on 04-02-2021 · Gazette deed
First establishment
Fond des Bois 33, Chaudfontaine
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| COM'EVOLVE Liège | €59,142 | €7,785 | 67.8% | - |
| DRUPL Nieuwpoort | €53,478 | €7,959 | 89.4% | - |
| XIMCO Ghent | €62,273 | €6,840 | 23.7% | - |
| MESKA Koksijde | €55,174 | €10,592 | -27.9% | - |
| DRAGON PRODUCTIONS Liège | €64,243 | €17,174 | 46.6% | - |
| Féréo Stoumont | €31,246 | €7,890 | -63.7% | - |
| Colibri Rédac Aywaille | €92,124 | €10,237 | 65.6% | - |
These companies have the same main activity as COM'EVOLVE: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €31,200 and €92,100, founded between 2019 and 2022.
Official details
Source: KBO- Status
- Active since 02-02-2021Normal situation
- Activity
- Other non-specialised retail saleNACE 47120and 5 others
- Establishment unit
- 2.315.047.3324050 Chaudfontaine, since 02-02-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2026
Annual accounts 2025
- €7,785▼ 21.0%
- €7,191▲ 122%
- €40,090▼ 15.2%
- €59,142▼ 32.9%
- Filing
- Filed on 21-07-2026, 10 days before the end of the filing period
Insights on COM'EVOLVE
COM'EVOLVE files the micro format. That format states no turnover. The gross margin fell from €11,458 in 2021 to €7,785 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 21-07-2026, 10 days before the deadline€7,785
▼ 21.0%
-€6,219
▼ €4,727
-€7,191
▼ €3,947
€23,561
▼ 32.1%
67.8%
▲ 14.1 percentage points
2.24
▲ 0.19
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €87,000. Estimated: probably between €40,000 and €180,000.
Balance sheet
balance sheet total €59,142 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
67.8%
Higher than 79% of 22,909 companies in 2025.
2.24
Higher than 67% of 22,039 companies in 2025.
-12.2%
Higher than 16% of 22,189 companies in 2025.
COM'EVOLVE
Middle half of the sector
80% of the sector
Micro accounts in retail trade (NACE 47)
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
59,142 | 88,143 | 97,479 | 89,901 | 31,858 | |
21/28 |
16,530 | 20,336 | 29,556 | 37,318 | 6,836 | |
22/27 |
16,530 | 20,336 | 29,556 | 37,318 | 6,836 | |
23 |
706 | - | - | - | - | |
24 |
15,824 | 20,336 | 29,556 | 37,318 | 6,836 | |
29/58 |
42,613 | 67,807 | 67,924 | 52,583 | 25,022 | |
40/41 |
25,150 | 29,793 | 34,420 | 15,336 | 8,268 | |
40 |
21,374 | 26,793 | 34,420 | 14,450 | 8,046 | |
41 |
3,776 | 3,000 | - | 886 | 222 | |
54/58 |
17,462 | 36,712 | 33,503 | 36,883 | 16,274 | |
490/1 |
- | 1,301 | - | 364 | 480 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
59,142 | 88,143 | 97,479 | 89,901 | 31,858 | |
10/15 |
40,090 | 47,282 | 50,526 | 42,176 | 11,812 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
14 |
35,090 | 42,282 | 45,526 | 37,176 | 6,812 | |
17/49 |
19,052 | 40,861 | 46,954 | 47,725 | 20,046 | |
17 |
- | 7,758 | 15,149 | 22,191 | - | |
170/4 |
- | 7,758 | 15,149 | 22,191 | - | |
42/48 |
19,052 | 33,103 | 31,805 | 25,534 | 20,046 | |
42 |
8,422 | 7,391 | 7,042 | 6,709 | - | |
43 |
- | 667 | - | - | - | |
430/8 |
- | 667 | - | - | - | |
44 |
1,195 | 1,512 | 914 | 4,011 | 6,114 | |
440/4 |
1,195 | 1,512 | 914 | 4,011 | 6,114 | |
45 |
5,302 | 19,320 | 21,320 | 14,814 | 5,827 | |
450/3 |
5,302 | 19,320 | 21,320 | 14,814 | 5,827 | |
47/48 |
4,133 | 4,213 | 2,529 | - | 8,105 | |
| Income statement | ||||||
9900 |
7,785 | 9,850 | 25,849 | 42,634 | 11,458 | |
62 |
- | 1,760 | 1,280 | - | - | |
630 |
8,139 | 9,220 | 9,635 | 3,353 | 1,405 | |
640/8 |
5,866 | 363 | 1,000 | 635 | 751 | |
9901 |
-6,219 | -1,493 | 13,934 | 38,646 | 9,302 | |
75/76B |
187 | 522 | 25 | 372 | 1 | |
75 |
187 | 522 | 25 | 372 | 1 | |
65/66B |
653 | 1,160 | 1,456 | 191 | 199 | |
65 |
653 | 1,160 | 1,456 | 191 | 199 | |
9903 |
-6,685 | -2,130 | 12,503 | 38,827 | 9,104 | |
67/77 |
506 | 1,114 | 4,153 | 8,463 | 2,292 | |
9904 |
-7,191 | -3,244 | 8,350 | 30,364 | 6,812 | |
9905 |
-7,191 | -3,244 | 8,350 | 30,364 | 6,812 | |
| Appropriation of the result | ||||||
9906 |
35,090 | 42,282 | 45,526 | 37,176 | 6,812 | |
14P |
42,282 | 45,526 | 37,176 | 6,812 | - | |
| Document | ||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 21-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 21-07-2026 | 2026-00313867 | |
| 31-12-2024 | micro format | 03-10-2025 | 2025-00529677 | |
| 31-12-2023 | micro format | 23-06-2025 | 2025-00161743 | |
| 31-12-2022 | micro format | 23-06-2025 | 2025-00161742 | |
| 31-12-2021 | micro format | 18-07-2023 | 2023-00244187 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 1,919 | 7,727 | 23,569 | 41,999 | 10,707 | ||
| 948 | 5,976 | 17,985 | 33,716 | 8,217 | ||
| 4,332 | 0 | 3,765 | 33,834 | 8,241 | ||
| -19,250 | 3,209 | -3,380 | 20,609 | - | ||
| 23,561 | 34,704 | 36,119 | 27,049 | 4,976 | ||
| 67.8% | 53.6% | 51.8% | 46.9% | 37.1% | ||
| 2.24 | 2.05 | 2.14 | 2.06 | 1.25 | ||
| 0.48 | 0.86 | 0.93 | 1.13 | 1.70 | ||
| -17.9% | -6.9% | 16.5% | 72.0% | 57.7% | ||
| -12.2% | -3.7% | 8.6% | 33.8% | 21.4% | ||
| 2.94 | 6.66 | 16.19 | over 100 | 53.74 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,332 | - | €3,765 | €33,834 | €8,241 |
| €8,139 | €9,220 | €9,635 | €3,353 | €1,405 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on COM'EVOLVE
The operating result for 2025 is a loss of €6,219, larger than the loss of €1,493 in 2024. It is the lowest result since 2021.
Debt's share of the balance-sheet total falls from 46.4% to 32.2%. Equity and debt are lower.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 04-02-2021
term without a fixed end
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 04-02-2021
Mandates through the years
1 name, the dashed line is todayGAUDRON Julien Patrick André
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- GAUDRON Julien Patrick André
- Director (not named in the articles), appointed by deed of 04-02-2021, still in office
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €401 in 2025
- Source
- deed of 04-02-2021
Articles of association
deed of 04-02-2021 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Friday of June at 18:00
Shareholders
At incorporation
deed of 04-02-2021 ↗
- GAUDRON Julien Patrick André 100 shares (100%) · €5,000 in cash
Network & group
No group
COM'EVOLVE has no parent and no holdings in its annual accounts. GAUDRON Julien Patrick André is the only director. COM'EVOLVE shares no director with another company.
Timeline
Timeline
11 events since 2021Filings
Financial
Establishments
Address
202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 10 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0762789885
2025
Weakest financial year net -€7,191 The net result drops to -€7,191, the lowest from 2021 to 2025.
Annual accounts 2024 filed PDFmicro format · 64 days late
Annual accounts 2022 filed PDFmicro format · 693 days late
Annual accounts 2023 filed PDFmicro format · 327 days late
Registered office moved from Chaudfontaine to GrivegnéeNew registered office: Avenue des Coteaux 1, 4030 Grivegnée · Previous registered office: Fond des Bois 33, 4050 Chaudfontaine1 point ▸
- Registered-office move, Avenue des Coteaux 1, 4030 Grivegnée
2023
Annual accounts 2021 filed PDFmicro format · 352 days late
2022
Highest result from 2021 to 2025 net €30,364 ▲346% The operating result of €38,646 and the net result of €30,364 are both a record.
2021
IncorporationFounding capital of €5,000, 100 shares · Founder: GAUDRON Julien Patrick André (fondateur,comparant) · Appointment: GAUDRON Julien Patrick André (director) · published on 04-02-20214 points ▸
- Founder, GAUDRON Julien Patrick André (fondateur,comparant)
- Founding capital, €5,000, 100 shares
- 100 shares
- Director appointment, GAUDRON Julien Patrick André (director (not named in the articles))
- The deed holds 4 more points.
First establishment Fond des Bois 33, Chaudfontaine
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 2 February 2021, COM'EVOLVE was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 In 2025 the registered office moved to Grivegnée.3 GAUDRON Julien Patrick André is director of the company, appointed by deed of 04-02-2021.2 Total assets went from €31,858 in 2021 to €59,142 in 2025.4
Company details
Identity
- Enterprise number
- 0762.789.885
- VAT number
- BE 0762.789.885
- Peppol ID
- 0208:0762789885
- Other Peppol ID
- 9925:BE0762789885
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 02-02-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Friday of June at 18:00deed of 04-02-2021 (in French)
- Peppol
- Reachable since 06-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- COM'EVOLVE in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 04-02-2021 (in French)
Activities
NACEBEL 202547120
Other non-specialised retail sale main activity
62100
Computer programming
63910
Web portal activities
73110
Advertising agencies
Codes under NACEBEL 2008
47910
Retail trade main activity
62010
Computer programming, consultancy and related activities
62020
IT consultancy
63110
Computing infrastructure, data processing, hosting and other information service activities
63120
Computing infrastructure, data processing, hosting and other information service activities
73110
Advertising, market research and public relations activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La création de boutique en ligne; L’E-commerce; La création et la gestion de site internet; Le Marketing digital; Toutes opérations…”deed of 04-02-2021 (in French)
10 activities
- La création de boutique en ligne
- L’E-commerce
- La création et la gestion de site internet
- Le Marketing digital
- Toutes opérations relatives à l’activité des agences de publicité dans le plus large sens du terme.
- L’activité d’agence de conseil en communication et de formation dans le marketing
- La conception – production et adaptation de son et image fixe ou animée sur tout support et sous toutes formes connues ou encore inconnues à ce jour.
- Toutes opérations en rapport avec la photographie,l’audiovisuel,la vidéo,la sonorisation
- Toutes opérations de publicité et d’intermédiaire en publicité diffusion d’objets publicitaire et promotionnels,de cadeaux d’affaires,photos,éclairage et son,publicité production de médias (clips,vidéos,films et autres pancartes publicitaires,brochures et campagne publicitaire.
- Toutes opérations en relation avec toutes ces activités pouvant en faciliter la réalisation.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Avenue des Coteaux 1 registered office 4030 Liège | ||
| Fond des Bois 33 4050 Chaudfontaine | 02-02-2021 | 2.315.047.332 |
1 former office
- Fond des Bois 33, 4050 Chaudfontaine until 01-01-2023 · deed of 26-03-2025
Buildings and parcels at the addresses
- Ground area
- 417 m²
- Buildings
- 73 m²
- Volume, LiDAR
- 653 m³
- Tallest building
- 12.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62022A0009/00A000 | 265 m² | 1 · 28 m² | 5.9 m · 2 |
| 62047C0646/00W003 | 152 m² | 1 · 45 m² | 12.2 m · 4 |
Contact
E-mail
gaudron.julien@gmail.com
Phone
+32 498 05 93 62
Phone
+32 498 05 93 62 establishment in Chaudfontaine