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CULTURE EVOLUTION

Active
Private limited companyfounded 200224 yrs activeChaussée de Maubeuge 518, 7022 Mons, BelgiumKBO/BCE: BE 0478.243.256

CULTURE EVOLUTION has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €79k and a net result of €11k. Equity is growing by ~23.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability65▲+50
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity ample (current ratio 4.19 against 7.45 in 2023; short-term debt: 23.8% and cash: 27.7% of total assets), and 23.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 24 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
92 d late
2023
71 d late
2022
67 d late
2021
99 d late
2020
152 d late
2019
122 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€79k▲ 16.6%
2023 · €68k
2018: €22k 2019: €27k 2020: €53k 2021: €74k 2022: €76k 2023: €68k
2018 → 2024
Total assets
€104k▲ 19.1%
2023 · €87k
2018: €48k 2019: €55k 2020: €96k 2021: €108k 2022: €105k 2023: €87k
2018 → 2024
Net result
€11k
2023 · €-8k
2018: €-644 2019: €4k 2020: €26k 2021: €20k 2022: €2k 2023: €-8k
2018 → 2024
Working capital
€79k▲ 4.8%
2023 · €75k
2018: €19k 2019: €24k 2020: €50k 2021: €73k 2022: €75k 2023: €75k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€53k-€74k▲ 38.5%€76k▲ 3.1%€68k▼ 10.4%€79k▲ 16.6%
Operating result€35k-€29k▼ 18.3%€7k▼ 76.5%€-5k€18k
Net result€26k-€20k▼ 22.5%€2k▼ 88.8%€-8k€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €35k€35kNet result 2020: €26k€26kOperating result 2021: €29k€29kNet result 2021: €20k€20kOperating result 2022: €7k€7kNet result 2022: €2k€2kOperating result 2023: €-5k€-5kNet result 2023: €-8k€-8kOperating result 2024: €18k€18kNet result 2024: €11k€11k20202021202220232024
The operating result returns to profit in 2024: €18k after a loss of €5k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €104k
Fixed assets €363=
Current assets €104k▲ 19.1%
Equity and liabilities €104k
Equity €79k▲ 16.6%
Debt €25k▲ 27.6%
The debt ratio rises from 22.2% to 23.8%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Solvency
76.2%
2023 · 77.8%
Current ratio
4.19
2023 · 7.45
Quick ratio
1.26
2023 · 2.78
Debt / equity
0.31
2023 · 0.29
ROE
14.3%
2023 · -11.6%
ROA
10.9%
2023 · -9.0%
Debt
€25k
2023 · €19k
Debt ≤ 1 year
€25k
2023 · €12k
Income taxes
€1k
2023 · €1k
Staff costs
€37k
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€87k€104k
Fixed assets21/28€363€363=
Financial fixed assets28€363€363=
Current assets29/58€87k€104k
Stocks and contracts in progress3€55k€72k
Stocks30/36€55k€72k
Amounts receivable within one year40/41€3k€2k
Trade receivables40€3k€2k
Other amounts receivable41€24€184
Cash at bank and in hand54/58€29k€29k
Deferred charges and accrued income490/1-€96
Equity and liabilities
Total equity and liabilities10/49€87k€104k
Equity10/15€68k€79k
Contributions10/11€24k€24k=
Reserves13€763€763=
Non-distributable reserves130/1€763€763=
Reserves not available under the articles1311€763€763=
Profit (loss) carried forward14€43k€55k
Amounts payable17/49€19k€25k
Amounts payable within one year42/48€12k€25k
Trade debts44€4k€7k
Suppliers440/4€3k€7k
Bills of exchange payable441€755-
Taxes, remuneration and social security45€8k€18k
Taxes450/3€4k€8k
Remuneration and social security454/9€4k€9k
Other amounts payable47/48-€51
Accrued charges and deferred income492/3€8k-
Income statement Code20232024
Remuneration, social security and pensions62€29k€37k
Other operating charges640/8€1k€927
Gross operating margin9900€25k€56k
Operating profit (loss)9901€-5k€18k
Financial income75/76B-€46
Recurring financial income75-€46
Financial charges65/66B€2k€6k
Recurring financial charges65€2k€6k
Profit (loss) for the period before taxes9903€-7k€13k
Income taxes67/77€1k€1k
Profit (loss) for the period9904€-8k€11k
Profit (loss) for the period to be appropriated9905€-8k€11k
Appropriation of the result
Profit (loss) to be appropriated9906€43k€55k
Profit (loss) brought forward from the previous period14P€51k€43k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
31-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial Back to profitnet €11k
Net result €11k after one loss-making year.
10-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
31-12
Financial Weakest financial yearnet €-8k ▼445%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity doublescurrent ratio 7.45
Current ratio from 3.55 to 7.45; short-term debt falls from €30k to €12k.
06-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
07-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 99 days late
2021
30-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2020
31-12
Financial Highest result since 2018net €26k ▲495%
Operating result €35k, net result €26k, both a record.
30-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
30-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
2018
12-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 104 days late
23-01
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 176 days late
2016
30-11
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 2014
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Chaussée de Maubeuge 5187022 Mons
Ground area
1,992 m²
Building footprint
212 m²
Volume, LiDAR
1,281 m³
Parcel 53042C0094/00S000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Maubeuge (H.) 518, 7022 Mons
Retail sale of flowers, plants, seeds and fertilisers
since 20142.246.695.984
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
53042C0094/00S000 Wallonia 1,992 m² 1 · 212 m² 8.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Mons2.246.695.984
2 permissions
Detailhandelaar meststoffen · since 29-04-2014
Detailhandelaar pesticides · since 29-04-2014

Similar companies · same sector, comparable size

Of 63 companies in sector 10730 we hold annual accounts for 39. 17 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-09-2002
Fiscal year end31-12
Activities, NACEBEL
10730Manufacture of food products
47761Retail sale of flowers, plants, seeds and fertilisers
47279Other retail sale of food
47299Retail trade
52272
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.