Turnover
≈ €200,000 estimated
The micro format states no turnover.
EG EVOLUTION
Overview
Lifetime
2 annual accounts with figures on one time axispeak €36,490 (2025)
€36,490▲ 130%
lowest -€8,642 (2024)
€9,624▲ €18,266
peak €3,982 (2025)
€3,982▲ €9,624
€103,383▼ 10.7%
Board6 names since 2023
3 directorsRafiullah Safi and 2 others
Documentsfilings and deeds
31-01-2026on the last day
2025micro format
Gross margin from €15,871 to €36,490Back to profit: €9,6243 directors appointed, 1 resignation 06-08Registered office moved from Harelbeke to Kortrijk 12-03Equity from -€5,642 to €3,982Cash from €4,995 to €19,410
Key points
from the 2025 annual accountsChecked score
38
Weak
Financially stronger than 63% of micro companies in food and beverage service (NACE 56)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.8% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.3%
01-2025: 5.3%● unchanged vs 12-2024
02-2025: 5.2%▼ -0.1 percentage points vs 01-2025
03-2025: 4.9%▼ -0.3 percentage points vs 02-2025
04-2025: 6.2%▲ +1.3 percentage points vs 03-2025
05-2025: 6.2%● unchanged vs 04-2025
06-2025: 6.2%● unchanged vs 05-2025
07-2025: 6.2%● unchanged vs 06-2025
08-2025: 6.2%● unchanged vs 07-2025
09-2025: 6.2%● unchanged vs 08-2025
10-2025: 7.4%▲ +1.2 percentage points vs 09-2025
11-2025: 8.3%▲ +0.9 percentage points vs 10-2025
12-2025: 8.2%▼ -0.1 percentage points vs 11-2025
01-2026: 8.5%▲ +0.3 percentage points vs 12-2025highest value
02-2026: 4.3%▼ -4.2 percentage points vs 01-2026lowest value
03-2026: 4.3%● unchanged vs 02-2026lowest value
04-2026: 4.3%● unchanged vs 03-2026lowest value
05-2026: 4.3%● unchanged vs 04-2026lowest value
06-2026: 4.3%● unchanged vs 05-2026lowest value
07-2026: 4.3%● unchanged vs 06-2026lowest value
08-2026: 4.3%● unchanged vs 07-2026
09-2026: 4.3%● unchanged vs 08-2026
10-2026: 6.0%▲ +1.7 percentage points vs 09-2026
11-2026: 5.8%▼ -0.2 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2023
Sector: Food and beverage service activities (NACE 56)
1 change of registered office in 24 months
Size: total assets €107,365
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 56, micro). It does better than 28% of them on solvency, 63% on liquidity, 65% on profitability and 94% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 2,157 companies had the same profile as EG EVOLUTION has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of EG EVOLUTION itself is higher: 5.8% within 12 months. It rests on far more data about EG EVOLUTION than the profile alone.
Test of the method
The method was tested on the 497,448 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 2,157 companies, not a prediction for EG EVOLUTION. 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
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.85 (0.53 in 2024), below 1. Short-term debt is 31.9% and cash 18.1% of total assets. 96.3% 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
Five signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
on the day
2024
4 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 2 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
Board and ownership
- MARCKX Guillaume founderdeed of 17-05-2023
- TCHALAEV Elias founderdeed of 17-05-2023
Recent changes
New director
Mohammed Al-Zeaidi appointed, Hilal Safi resigned · General meeting of 17-06-2026 · Gazette deed
3 directors appointed, 1 resignation
Resignation: Elias Tchalaev (director) · Appointments: Shouaib Safi, Rafiullah Safi and Hilal Safi · Director discharge: Elias Tchalaev (director (not named in the articles)) · General meeting of 28-07-2025 · Gazette deed
Registered office moved from Harelbeke to Kortrijk
New registered office: Leiestraat 11, 8500 Kortrijk · Previous registered office: Kortrijksesteenweg 10, 8530 Harelbeke · Resignation: Guillaume Marckx (director) · General meeting of 12-08-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0801787449
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EG EVOLUTION Kortrijk | €107,365 | €36,490 | 3.7% | - |
| BARMATT Waregem | €120,205 | €44,830 | 41.2% | - |
| Tian Tan Leuven | €101,538 | €35,001 | 67.6% | - |
| IMRE GROUP Ghent | €100,143 | €41,649 | -20.1% | - |
| PIZZA KAR Etalle | €108,580 | €42,528 | 61.4% | - |
| Confiserie Eva Ghent | €114,748 | €37,439 | 26.5% | - |
| Baba Market Antwerp | €113,404 | €41,217 | 15.7% | - |
These companies have the same main activity as EG EVOLUTION: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €100,000 and €120,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 15-05-2023Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 1 other
- Establishment unit
- 2.345.830.6778500 Kortrijk, since 15-05-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 02-09-2023
Annual accounts to 30-06-2025
- €36,490▲ 130%
- €9,624
- €3,982
- €107,365▼ 2.5%
- Filing
- Filed on 31-01-2026, on the last day of the filing period
Insights on EG EVOLUTION
The computed 12-month bankruptcy probability of EG EVOLUTION is 5.8% (elevated). The 2025 annual accounts show equity of €3,982 and a net result of €9,624.
Its solvency ranks better than 29% of 17,162 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-01-2026, on the day of the deadline€36,490
▲ 130%
€14,160
▲ €17,345
€9,624
▲ €18,266
-€4,989
▲ €9,914
3.7%
▲ 8.8 percentage points
0.85
▲ 0.32
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 ≈ €200,000. Estimated: probably between €150,000 and €270,000.
Balance sheet
balance sheet total €107,365 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
3.7%
Higher than 29% of 17,162 companies in 2025.
0.85
Higher than 40% of 16,586 companies in 2025.
9.0%
Higher than 61% of 16,669 companies in 2025.
EG EVOLUTION
Middle half of the sector
80% of the sector
Micro accounts in food and beverage service (NACE 56)
Net result: middle half · 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 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
107,365 | 110,108 | |
21/28 |
78,120 | 93,035 | |
21 |
10,146 | 13,646 | |
22/27 |
67,974 | 79,389 | |
23 |
19,383 | 24,849 | |
24 |
10,163 | 8,485 | |
26 |
38,428 | 46,055 | |
29/58 |
29,245 | 17,073 | |
3 |
5,000 | 5,000 | |
30/36 |
5,000 | 5,000 | |
40/41 |
3,134 | 5,391 | |
40 |
15 | - | |
41 |
3,119 | 5,391 | |
54/58 |
19,410 | 4,995 | |
490/1 |
1,701 | 1,687 | |
| Balance sheet: equity and liabilities | |||
10/49 |
107,365 | 110,108 | |
10/15 |
3,982 | -5,642 | |
10/11 |
3,000 | 3,000 | |
14 |
982 | -8,642 | |
17/49 |
103,383 | 115,750 | |
17 |
65,822 | 83,774 | |
170/4 |
65,822 | 83,774 | |
42/48 |
34,234 | 31,976 | |
42 |
19,406 | 18,425 | |
43 |
0 | 3,239 | |
430/8 |
0 | 3,239 | |
44 |
13,597 | 10,313 | |
440/4 |
13,597 | 10,313 | |
47/48 |
1,232 | - | |
492/3 |
3,327 | - | |
| Income statement | |||
9900 |
36,490 | 15,871 | |
630 |
20,447 | 17,979 | |
640/8 |
1,871 | 1,077 | |
66A |
12 | - | |
9901 |
14,160 | -3,185 | |
75/76B |
112 | 206 | |
75 |
112 | 206 | |
65/66B |
4,648 | 5,661 | |
65 |
4,648 | 5,661 | |
9903 |
9,624 | -8,641 | |
67/77 |
0 | 1 | |
9904 |
9,624 | -8,642 | |
9905 |
9,624 | -8,642 | |
| Appropriation of the result | |||
9906 |
982 | -8,642 | |
14P |
-8,642 | - | |
| Document | |||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 34,606 | 14,794 | ||
| 30,071 | 9,337 | ||
| 5,532 | 111,014 | ||
| 14,415 | - | ||
| -4,989 | -14,903 | ||
| 3.7% | -5.1% | ||
| 0.85 | 0.53 | ||
| 0.71 | 0.38 | ||
| 25.96 | - | ||
| 241.7% | - | ||
| 9.0% | -7.8% | ||
| 7.45 | 2.61 |
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 | 30-06-2025 | 30-06-2024 |
|---|---|---|
| Tangible fixed assets | €5,532 | €93,514 |
| Intangible fixed assets | - | €17,500 |
| €20,447 | €17,979 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on EG EVOLUTION
The operating result for 2025 is a profit of €14,160, after a loss of €3,185 in 2024.
Debt's share of the balance-sheet total is 96.3%.
Board & ownership
Board
3 directors, no change since September 2026Director (not named in the articles)
since 01-08-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 31-01-2026
Director (not named in the articles)
since 01-08-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 31-01-2026
Director (not named in the articles)
appointed by deed of 23-09-2026
term without a fixed end
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 17-05-2023
Mandates through the years
6 names, the dashed line is todayRafiullah Safi
Director (not named in the articles)
Director (not named in the articles)
Shouaib Safi
Director (not named in the articles)
Director (not named in the articles)
Mohammed Al-Zeaidi
Director (not named in the articles)
Director (not named in the articles)
Hilal Safi
Director (not named in the articles)
Director (not named in the articles)
TCHALAEV Elias
Director (not named in the articles)
Director (not named in the articles)
MARCKX Guillaume
Director (not named in the articles)
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
- Rafiullah Safi
- Director (not named in the articles), since before 30-06-2025
- Shouaib Safi
- Director (not named in the articles), since before 30-06-2025
- Mohammed Al-Zeaidi
- Director (not named in the articles), appointed by deed of 23-09-2026, still in office
- Hilal Safi
- Director (not named in the articles), from before 30-06-2025 to 30-09-2026
- TCHALAEV Elias
- Director (not named in the articles), from 12-05-2023 to 01-08-2025
- MARCKX Guillaume
- Director (not named in the articles), appointed by deed of 17-05-2023, until 12-08-2024
Control
Founders
This company
EG EVOLUTION
Equity €3,982
Profit €9,624 in 2025
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €39.82 in 2025
- Source
- deed of 17-05-2023
Articles of association
deed of 17-05-2023 (in Dutch)- 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.
- Third Friday of December at 20:00
Founders
At incorporation
deed of 17-05-2023 ↗
- MARCKX Guillaume founder
- TCHALAEV Elias founder
Network & group
No group
EG EVOLUTION has no parent and no holdings in its annual accounts. EG EVOLUTION shares no director with another company.
Timeline
Timeline
9 events since 2023Board
Filings
Financial
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-01-2027
2026
New directorMohammed Al-Zeaidi appointed, Hilal Safi resigned · General meeting of 17-06-20263 points ▸
- General meeting, 17-06-2026
- Director appointment, Mohammed Al-Zeaidi (director (not named in the articles))
- Director resignation, Hilal Safi (director (not named in the articles))
Annual accounts 2025 filed PDFmicro format · on the deadline day
2025
3 directors appointed, 1 resignationResignation: Elias Tchalaev (director) · Appointments: Shouaib Safi, Rafiullah Safi and Hilal Safi · Director discharge: Elias Tchalaev (director (not named in the articles)) · General meeting of 28-07-20256 points ▸
- General meeting, 28-07-2025
- Director resignation, Elias Tchalaev (director (not named in the articles))
- Director discharge, Elias Tchalaev (director (not named in the articles))
- Director appointment, Shouaib Safi (director (not named in the articles))
- Director appointment, Rafiullah Safi (director (not named in the articles))
- Director appointment, Hilal Safi (director (not named in the articles))
- The deed holds 1 more point.
Back to profit net €9,624 The net result is €9,624, after one loss-making year.
Registered office moved from Harelbeke to KortrijkNew registered office: Leiestraat 11, 8500 Kortrijk · Previous registered office: Kortrijksesteenweg 10, 8530 Harelbeke · Resignation: Guillaume Marckx (director) · General meeting of 12-08-20244 points ▸
- General meeting, 12-08-2024
- Director resignation, Guillaume Marckx (director (not named in the articles))
- Director discharge, Guillaume Marckx
- Registered-office move, Leiestraat 11, 8500 Kortrijk
Annual accounts 2024 filed PDFmicro format · 4 days late
2023
Registered in the Peppol Directory Reachable for e-invoices through 0208:0801787449
IncorporationFounding capital of €3,000, 100 shares · Founders: MARCKX Guillaume (partner) and TCHALAEV Elias (partner) · Appointments: MARCKX Guillaume (director) and TCHALAEV Elias (director) · published on 17-05-20235 points ▸
- Founder, MARCKX Guillaume (partner)
- Founder, TCHALAEV Elias (partner)
- Founding capital, €3,000, 100 shares
- Director appointment, MARCKX Guillaume (director (not named in the articles))
- Director appointment, TCHALAEV Elias (director (not named in the articles))
- The deed holds 1 more point.
First establishment KingRibs Kortrijk, Leiestraat 11, Kortrijk
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
Company details
Identity
- Enterprise number
- 0801.787.449
- VAT number
- BE 0801.787.449
- Peppol ID
- 0208:0801787449
- Other Peppol ID
- 9925:BE0801787449
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 15-05-2023
- Financial year
- ends on 30 June
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of December at 20:00deed of 17-05-2023 (in Dutch)
- Peppol
- Reachable since 02-09-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- EG EVOLUTION in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 17-05-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Kortrijksesteenweg 10, 8530 Harelbeke”deed of 17-05-2023 (in Dutch)
Activities
NACEBEL 202556112
Limited-service restaurants, excluding mobile food services main activity
56210
Event catering
Codes under NACEBEL 2008
56102
Limited-service restaurants main activity
56210
Catering
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het uitbaten,het beheer en de inrichting van drank- en eetgelegenheden,restaurants,cafés,bars,cafetaria’s,dancings en…”deed of 17-05-2023 (in Dutch)
9 activities
- Het uitbaten,het beheer en de inrichting van drank- en eetgelegenheden,restaurants,cafés,bars,cafetaria’s,dancings en clubs,broodjeszaken,snackbars,fastfoodzaken,tavernes,tearooms
- De uitbating van een horeca- en cateringbedrijf in ruime zin en het voeren van alle activiteiten welke daarmee rechtsreeks of onrechtstreeks verband houden
- Het verrichten van traiteur en cateringdiensten.De uitbating van verbruikszalen
- De bereiding,verkoop en bedeling,zowel groot- als kleinhandel,van alle mogelijke belegde broodjes,snacks,bereide spijzen,schotels en menu’s,gebak,brood en banket,snoep,roomijs,drank en alle andere koude en warme voedingswaren in de ruimte zin van het woord
- De aankoop van grondstoffen,preparaten,ingrediënten en hulpstoffen voor de bereiding en verkoop van voormelde producten
- Het bereiden van maaltijden en spijzen in een centrale keuken voor rekening van derden
- Het verlenen van dienst- en consultancyprestaties van administratieve,technische,commerciële en bedrijfseconomische aard in de meest uitgebreide betekenis
- Het verlenen van managementactiviteiten en het besturen van andere vennootschappen
- Het verlenen aan bedrijven en particulieren van advies en bijstand en het voeren voor hen van het beleid en het beheer op technisch,commercieel,administratief en bedrijfseconomisch vlak
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| KingRibs Kortrijk registered office Leiestraat 11, 8500 Kortrijk | 15-05-2023 | 2.345.830.677 | Catering |
1 former office
- Kortrijksesteenweg 10, 8530 Harelbeke until 12-08-2024 · deed of 12-03-2025
Buildings and parcels at the address
- Ground area
- 161 m²
- Buildings
- 161 m²
- Volume, LiDAR
- 2,974 m³
- Tallest building
- 22.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34022G0020/00C000 | 161 m² | 1 · 161 m² | 22.9 m · 7 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
Recognitions
Food safety, FASFC
1 siteKortrijkunit number 2.345.830.677