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Enovalife

Active
Public limited companyfounded 2013active for 13 yearsBourgetlaan 3, 1140 Evere, BelgiumKBO/BCE: BE 0503.997.053
Summary

Enovalife has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.9m and a net result of €2.8m. Equity is growing by about 49% per year across the filed financial years. Its solvency ranks better than 39% of 247 sector peers (NACE 72, financial year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Research and development on biotechnology
NACE 72101Computer consultancy and computer facilities management NACE 62200
#1 employer in Evere, Professional and technical services sector1 site
Size
€25.2mturnover 2024
Staff
155 FTE
Equity
€7.9m
Profit
€2.8m
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Parent
ORANGE BUSINESS SERVICES · 99.9%
Holdings
1
Auditor: KPMG Réviseurs d'Entreprises BV/SRLAccounts 71 days overdue2 of 26 deeds read
Why 56raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 07-11-2025)1 financial year not filed after the legal deadline; latest accounts 96 days late; 3 of the last 3 latelowers riskSize: turnover €25.2m, 155 FTE, total assets €21.9mSector: Scientific research and development (NACE 72)Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 54% of its sector peers (NACE 72, medium-sized)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 61-14
equity 36.3% of total assets
Liquidity 32-5
short-term debt 61.2% · cash 10.9%
Profitability 85-11
return on assets 12.8%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (47 companies, NACE 72, medium-sized)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.3%▼ -0.1 percentage points vs 08-2025 10-2025: 0.5%▲ +0.2 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.3%▼ -0.2 percentage points vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.2%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.7%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €440,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 1.62, compared with 1.99 in 2023; short-term debt: 61.2% and cash: 10.9% of total assets), but 63.7% of the assets are financed with debt.
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 72, medium-sized): better than 40% on solvency, 32% on liquidity, 85% on profitability and 57% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Five signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 07-11-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 96 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: turnover €25.2m, 155 FTE, total assets €21.9m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Scientific research and development (NACE 72)
KBO
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 04-11-2025, 96 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
96 days late
2023
91 days late
2022
42 days late
2021
191 days late
2020
72 days late
2019
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 84 days after the deadline; the sector median (NACE 72) for financial year 2024 is 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representative: Eric BLAZYResignation: Kris van den Eynde…
  2. Reappointment: KPMG Réviseurs d'Entreprises BV/SRL (statutory…Permanent representative: Steven Vanbinnebeeck ·…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Employer in Evere, Professional and technical services sectorin the Checked rankings #1 View
  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Positive: 5 years of growth in a rowturnover 2024: €25.2m 5 years View
  • Controlled by ORANGE BUSINESS SERVICESknown shareholders 100% 99.9% View
  • A director leftlatest change 31-12-2025 · 0 in office 1 left View

By topic

Financials

Financial year
2024
Turnover
€25.2m
Profit
€2.8m
Solvency
36.3%
Turnover▲ 7.0%
Net result
20182024
Go to Financials

Board & ownership

Parent
ORANGE BUSINESS SERVICES · 99.9%
Known shareholders
100%
Auditor
KPMG Réviseurs d'Entreprises BV/SRL
Go to Board & ownership

Timeline

Events
17
Since
2014
  1. 30-10-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2024
  3. 31-12-2023Equity above €5m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Research and development on biotechnologyNACE 72101
Founded
11-02-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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