Enovalife
ActiveSummary
Enovalife has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.95M and a net result of €2.79M. Equity is growing by ~33.9% per year across the filed fiscal years. Its solvency ranks better than 39% of 243 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very 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
Profitability85▼-11
Solvency61▼-14
Growth78▼-1
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €460k at 30 days only on tighter terms
Liquidity ample (current ratio 1.62 against 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.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
36.3%
Return on assets
12.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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: 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 filingsDeviation from the deadline
2025
not confirmed
2024
96 d late
2023
91 d late
2022
42 d late
2021
191 d late
2020
72 d late
2019
14 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€25.18M▲ 7.0%
2023 · €23.54M
2018: €11.80M
2020: €12.37M
2021: €13.40M
2022: €17.64M
2023: €23.54M
2018 → 2024
EBIT margin
16.5%▼ 3.2pp
2023 · 19.8%
2018: 7.9%
2020: 9.1%
2021: 16.9%
2022: 12.1%
2023: 19.8%
2018 → 2024
Net result
€2.79M▼ 13.8%
2023 · €3.24M
2018: €399k
2020: €653k
2021: €1.46M
2022: €1.38M
2023: €3.24M
2018 → 2024
Working capital
€8.33M▲ 5.8%
2023 · €7.88M
2018: €2.05M
2020: €2.77M
2021: €3.53M
2022: €4.95M
2023: €7.88M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€12.37M-€13.40M▲ 8.3%€17.64M▲ 31.7%€23.54M▲ 33.4%€25.18M▲ 7.0%
Equity€2.07M-€3.53M▲ 70.6%€4.91M▲ 39.1%€8.15M▲ 66.0%€7.95M▼ 2.5%
Operating result€1.12M-€2.27M▲ 102%€2.13M▼ 6.1%€4.65M▲ 118%€4.16M▼ 10.5%
Net result€653k-€1.46M▲ 124%€1.38M▼ 5.7%€3.24M▲ 135%€2.79M▼ 13.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €21.92M
Fixed assets
€179k ▼ 61.6%
Current assets
€21.74M ▲ 36.9%
Equity and liabilities €21.92M
Equity
€7.95M ▼ 2.5%
Provisions
€216k
Debt
€13.75M ▲ 67.8%
Debt's share of the balance-sheet total rises from 50.1% to 62.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4.22M▼
2023 · €4.68M
Cash flow
€2.85M▼
2023 · €3.28M
Current ratio
1.62▼
2023 · 1.99
Quick ratio
1.62▼
2023 · 1.95
Debt to equity
1.73▲
2023 · 1.01
ROE
35.2%▼
2023 · 39.8%
ROA
12.8%▼
2023 · 19.8%
Interest coverage
47.55▼
2023 · 75.63
Debt ≤ 1 year
€13.40M▲
2023 · €8.00M
Income taxes
€1.16M▼
2023 · €1.36M
Staff costs
€12.65M▲
2023 · €10.71M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 79 lines
Balance sheet
Code20232024
Assets
Total assets20/58€16.35M€21.92M▲
Fixed assets21/28€467k€179k▼
Intangible fixed assets21-€77k
Tangible fixed assets22/27€110k€100k▼
Plant, machinery and equipment23€46k€62k▲
Furniture and vehicles24€11k€9k▼
Other tangible fixed assets26€3k€28k▲
Assets under construction and advance payments27€50k-
Financial fixed assets28€357k€3k▼
Affiliated companies280/1€354k-
Participating interests280€354k-
Other financial fixed assets284/8€3k€3k=
Amounts receivable and cash guarantees285/8€3k€3k=
Current assets29/58€15.88M€21.74M▲
Stocks and contracts in progress3€293k€40k▼
Contracts in progress37€293k€40k▼
Amounts receivable within one year40/41€13.00M€18.29M▲
Trade receivables40€7.75M€9.49M▲
Other amounts receivable41€5.25M€8.80M▲
Current investments50/53€186k€271k▲
Other investments51/53€186k€271k▲
Cash at bank and in hand54/58€1.47M€2.39M▲
Deferred charges and accrued income490/1€937k€744k▼
Equity and liabilities
Total equity and liabilities10/49€16.35M€21.92M▲
Equity10/15€8.15M€7.95M▼
Contributions10/11€67k€67k=
Capital10€67k€67k=
Issued capital100€67k€67k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Profit (loss) carried forward14€8.08M€7.87M▼
Provisions and deferred taxes16-€216k
Provisions for liabilities and charges160/5-€216k
Other liabilities and charges164/5-€216k
Amounts payable17/49€8.20M€13.75M▲
Amounts payable within one year42/48€8.00M€13.40M▲
Trade debts44€2.70M€4.34M▲
Suppliers440/4€2.70M€4.34M▲
Advances received on contracts in progress46€1.94M€2.09M▲
Taxes, remuneration and social security45€3.30M€3.96M▲
Taxes450/3€2.05M€2.53M▲
Remuneration and social security454/9€1.25M€1.43M▲
Other amounts payable47/48€68k€3.01M▲
Accrued charges and deferred income492/3€196k€351k▲
Income statement
Code20232024
Operating income70/76A€23.77M€26.06M▲
Turnover70€23.54M€25.18M▲
Change in stocks of work in progress, finished goods and contracts in progress71€-670k€-254k▲
Other operating income74€897k€1.14M▲
Operating charges60/66A€19.12M€21.90M▲
Goods for resale, raw materials and consumables60€964k€778k▼
Purchases600/8€964k€778k▼
Services and other goods61€7.41M€8.14M▲
Remuneration, social security and pensions62€10.71M€12.65M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€60k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€18k
Provisions for liabilities and charges: additions (uses and reversals)635/8-€216k
Other operating charges640/8€1k€35k▲
Non-recurring operating charges66A€3k€1k▼
Operating profit (loss)9901€4.65M€4.16M▼
Financial income75/76B€36k€261k▲
Recurring financial income75€36k€261k▲
Income from current assets751€36k€235k▲
Other financial income752/9€450€25k▲
Financial charges65/66B€79k€470k▲
Recurring financial charges65€79k€116k▲
Debt charges650€62k€89k▲
Other financial charges652/9€17k€27k▲
Non-recurring financial charges66B-€354k
Profit (loss) for the period before taxes9903€4.61M€3.95M▼
Income taxes67/77€1.36M€1.16M▼
Taxes670/3€1.36M€1.16M▼
Profit (loss) for the period9904€3.24M€2.79M▼
Profit (loss) for the period to be appropriated9905€3.24M€2.79M▼
Appropriation of the result
Profit (loss) to be appropriated9906€8.08M€10.87M▲
Profit (loss) brought forward from the previous period14P€4.84M€8.08M▲
Profit to be distributed694/7-€3.00M
Return on contributions (dividend)694-€3.00M
Social balance
Average headcount (FTE)9087127.8155.0▲
The notes to these accounts (54 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 96 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 91 days late
2023
31-12
Financial
Highest result since 2018net €3.24M ▲135%
Operating result €4.65M, net result €3.24M, both a record.
31-12
Financial
Equity above €5MEq €8.15M ▲66%
5 profitable years in a row build equity to €8.15M.
11-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 42 days late
07-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 191 days late
2021
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 72 days late
2020
31-12
Financial
Equity above €2MEq €2.07M ▲107%
2 profitable years in a row build equity to €2.07M.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 14 days late
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 44 days late
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
26 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, Evere · 1 establishment unit since 2013
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.
Bourgetlaan 31140 EvereGround area
1.3 ha
Building footprint
4,706 m²
Volume, LiDAR
108,362 m³
Parcel 21372B0019/00V000, Brussels · tallest building 27.6 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Bourgetlaan 3, 1140 Evere
since 20132.218.799.477
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372B0019/00V000 | Brussels | 1.3 ha | 1 · 4,706 m² | 27.6 m · 7 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
Legal Entity Identifier
984500C5D2FA1148MA84
Similar companies · same sector, comparable size
EPICS THERAPEUTICS
BE 0690.759.071
Charleroi · Eq €7.91M
TripleW
BE 0725.717.772
Antwerpen · Eq €7.76M
BioWorks
BE 1024.211.122
Westerlo · Eq €7.67M
Intrexon Actobiotics
BE 0882.251.820
Nazareth-De Pinte · Eq €8.59M
IMCYSE
BE 0828.385.542
Liège · Eq €7.27M
Of 761 companies in sector 72101 we hold annual accounts for 481. 165 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
72101Research and development on biotechnology
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.