Debts
€20,872 74% of the balance sheet
Suppliers 26%Taxes and wages 35%Other 39%
Of this, €19,614 falls due within a year.
EVALA
Overview
Lifetime
3 annual accounts with figures on one time axispeak €21,552 (2023)
-€12,984▼ €28,071
lowest -€17,498 (2025)
-€17,498▼ €24,845
peak €24,940 (2024)
€7,443▼ 70.2%
€20,872▼ 13.3%
Board1 name since 2023
1 directorMAERTENS Eva Martine Robert
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from €15,087 to -€12,984Loss of €17,498Registered office moved from Ghent to Sint-Amandsberg 16-01Equity from €24,940 to €7,443Cash from €29,826 to €7,842
Key points
from the 2025 annual accountsLiquidity
1.27 was 1.83 in 2024
Short-term debts fell from €23,344 to €19,614.
Position in the sector
-€17,498
Lower net result than 90% of companies in advertising and market research. Sector median €14,813 · 8,612 companies.
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 19% of micro companies in advertising and market research (NACE 73)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 11,229 companies (NACE 73, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.3%▲ +0.1 percentage points vs 01-2025
03-2025: 0.2%▼ -0.1 percentage points vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
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: 0.6%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.6%● unchanged vs 08-2026highest value
10-2026: 0.6%● unchanged vs 09-2026highest value
11-2026: 0.6%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €17,498 (financial year 2025)
lowers risk
Sector: Advertising, market research and public relations activities (NACE 73)
Liquidity: current ratio 1.27, cash €7,842, halved
Size: total assets €28,315
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 73, micro). It does better than 31% of them on solvency, 31% on liquidity, 6% on profitability and 9% 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 low class on 30-06-2025, 0.8% 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, 1,207 companies had the same profile as EVALA has now. Each dot stands for 4 companies, two years later.
90.1%
were still trading
4.6%
stopped another way
4.6%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of EVALA itself is lower: 0.6% within 12 months. It rests on far more data about EVALA than the profile alone.
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 1,207 companies, not a prediction for EVALA. 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
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.27 (1.83 in 2024), below the usual 1.5. Short-term debt is 69.3% and cash 27.7% of total assets. 73.7% 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.
lowers riskraises riskneutral
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 29-07-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 days early
2024
154 days early
2023
15 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 57 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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 17 July (3 of the last 3 accounts filed within 140 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 0208:0800549512
Registered office moved from Ghent to Sint-Amandsberg
New registered office: Emiel Maeyensstraat 39, 9040 Sint-Amandsberg · Previous registered office: Gasmeterlaan 44, 9000 Gent · General meeting of 09-12-2024 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founder: MAERTENS Eva Martine Robert · Appointment: MAERTENS Eva Martine Robert (director) · published on 12-04-2023 · Gazette deed
First establishment
Emiel Maeyensstraat 39, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EVALA Ghent | €28,315 | -€12,984 | 26.3% | - |
| VDLC Beerse | €26,356 | -€569 | -78.4% | - |
| TRAVELEVENT BELGIUM Charleroi | €26,113 | -€4,554 | 97.6% | - |
| STUDIO DAIE Saint-Ghislain | €23,914 | €305 | 81.1% | - |
| Kwazi Leopoldsburg | €35,086 | -€34,583 | -121.9% | - |
| INSPIPLUS Sint-Gillis (bij-Brussel) | €23,673 | -€8,760 | -734.9% | - |
| NILEX FILMS Schilde | €22,555 | €1,145 | 37.4% | - |
These companies have the same main activity as EVALA: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €22,600 and €35,100, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 07-04-2023Normal situation
- Activity
- Advertising agenciesNACE 73110and 3 others
- Establishment unit
- 2.344.018.6589040 Ghent, since 07-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 31-05-2026
Annual accounts 2025
- -€12,984
- €17,498
- €7,443▼ 70.2%
- €28,315▼ 42.2%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on EVALA
EVALA files the micro format. That format states no turnover. The gross margin fell from €21,552 in 2023 to -€12,984 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-07-2026, 2 days before the deadline-€12,984
▼ €28,071
-€14,898
▼ €27,570
-€17,498
▼ €24,845
€5,247
▼ 72.9%
26.3%
▼ 24.6 percentage points
1.27
▼ 0.56
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €28,315 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
26.3%
Higher than 29% of 8,611 companies in 2025.
1.27
Higher than 33% of 8,288 companies in 2025.
-61.8%
Lower than 95% of 8,397 companies in 2025.
EVALA
Middle half of the sector
80% of the sector
Micro accounts in advertising and market research (NACE 73)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
28,315 | 49,017 | 41,018 | |
20 |
- | 0 | 773 | |
21/28 |
3,454 | 6,322 | 3,247 | |
22/27 |
3,454 | 6,322 | 3,247 | |
24 |
3,454 | 6,322 | 3,247 | |
29/58 |
24,861 | 42,695 | 36,998 | |
40/41 |
12,407 | 8,118 | 10,261 | |
40 |
12,407 | 8,059 | 10,261 | |
41 |
0 | 60 | - | |
54/58 |
7,842 | 29,826 | 22,110 | |
490/1 |
4,611 | 4,751 | 4,627 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
28,315 | 49,017 | 41,018 | |
10/15 |
7,443 | 24,940 | 17,593 | |
10/11 |
3,000 | 3,000 | 3,000 | |
13 |
4,443 | 21,940 | 14,593 | |
133 |
4,443 | 21,940 | 14,593 | |
17/49 |
20,872 | 24,076 | 23,426 | |
42/48 |
19,614 | 23,344 | 23,426 | |
43 |
0 | 356 | 22 | |
430/8 |
0 | 356 | 22 | |
44 |
5,456 | 1,448 | 1,431 | |
440/4 |
5,456 | 1,448 | 1,431 | |
45 |
7,208 | 12,819 | 11,640 | |
450/3 |
4,631 | 10,241 | 9,214 | |
454/9 |
2,577 | 2,578 | 2,427 | |
47/48 |
6,950 | 8,722 | 10,333 | |
492/3 |
1,258 | 732 | - | |
| Income statement | ||||
76A |
102 | - | - | |
9900 |
-12,984 | 15,087 | 21,552 | |
630 |
1,195 | 2,169 | 1,515 | |
640/8 |
144 | 247 | - | |
66A |
575 | - | - | |
9901 |
-14,898 | 12,671 | 20,037 | |
75/76B |
0 | - | - | |
75 |
0 | - | - | |
65/66B |
2,396 | 2,889 | 1,641 | |
65 |
2,396 | 2,889 | 1,641 | |
9903 |
-17,294 | 9,782 | 18,396 | |
67/77 |
204 | 2,434 | 3,803 | |
9904 |
-17,498 | 7,348 | 14,593 | |
9905 |
-17,498 | 7,348 | 14,593 | |
| Appropriation of the result | ||||
9906 |
-17,498 | 7,348 | 14,593 | |
791/2 |
17,498 | - | - | |
691/2 |
0 | 7,348 | 14,593 | |
6921 |
0 | 7,348 | 14,593 | |
| Document | ||||
The notes to these accounts have 8 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 29-07-2026.
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 | 2023 |
|---|---|---|---|---|
| -13,703 | 14,840 | 21,552 | ||
| -16,302 | 9,516 | 16,108 | ||
| 917 | 4,470 | 3,290 | ||
| -21,984 | 7,715 | - | ||
| 5,247 | 19,351 | 13,572 | ||
| 26.3% | 50.9% | 42.9% | ||
| 1.27 | 1.83 | 1.58 | ||
| 2.80 | 0.97 | 1.33 | ||
| -235.1% | 29.5% | 82.9% | ||
| -61.8% | 15.0% | 35.6% | ||
| -5.72 | 5.14 | 13.13 |
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 |
|---|---|---|---|
| Tangible fixed assets | €917 | €4,470 | €3,290 |
| €1,195 | €2,169 | €1,515 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on EVALA
The operating result for 2025 is a loss of €14,898, after a profit of €12,671 in 2024. It is the lowest result since 2023.
Debt's share of the balance-sheet total rises from 49.1% to 73.7%. Equity and debt are lower.
Board & ownership
Board
1 director, since incorporationDirector
since 06-04-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 29-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 12-04-2023
Mandates through the years
1 name, the dashed line is todayMAERTENS Eva Martine Robert
Director
Director
Board
Mandates as a list
- MAERTENS Eva Martine Robert
- Director, from 06-04-2023 to date
Control
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- €74.43 in 2025
- Source
- deed of 12-04-2023
Articles of association
deed of 12-04-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 19:00
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Recht van algemene vergadering om één of meerdere vereffenaars aan te duiden, hun bevoegdheden te omlijnen en vergoeding te bepalen…”
Shareholders
At incorporation
deed of 12-04-2023 ↗
- MAERTENS Eva Martine Robert 100 shares (100%) · €3,000
Network & group
No group
EVALA has no parent and no holdings in its annual accounts. MAERTENS Eva Martine Robert is the only director.
At the same address
Emiel Maeyensstraat 39, 9040 Ghent · 5 other companies| J.D.W. MANAGEMENT
registered office since 26-01-2011 · founded in 2011 |
total assets €5.7m (2025) 0834.432.206 |
| J.D.W. VASTGOED
registered office since 10-01-2024 · founded in 2024 · negative equity (2025) |
total assets €4.7m (2025) 1004.515.766 |
| D.W. Investeert
registered office since 05-09-2024 · founded in 2024 |
total assets €1.8m (2025) 1013.222.903 |
| D.W. Bouwt
registered office since 15-12-2023 · founded in 2023 |
total assets €436,456 (2025) 1003.477.965 |
| Giedon
registered office since 21-05-2026 |
founded in 2026 1038.201.193 |
Board mandates elsewhere
1 board mandateBoard mandates of EVALAEVALA sits on their board1
Connections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Timeline
8 events since 2023Filings
Financial
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 2 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0800549512
2025
Weakest financial year net -€17,498 The net result drops to -€17,498, the lowest from 2023 to 2025.
Annual accounts 2024 filed PDFmicro format · 154 days before the deadline
Registered office moved from Ghent to Sint-AmandsbergNew registered office: Emiel Maeyensstraat 39, 9040 Sint-Amandsberg · Previous registered office: Gasmeterlaan 44, 9000 Gent · General meeting of 09-12-20243 points ▸
- General meeting, 09-12-2024
- Registered-office move, Emiel Maeyensstraat 39, 9040 Sint-Amandsberg
- Power of attorney, BV Accounting For Business
2024
Annual accounts 2023 filed PDFmicro format · 15 days before the deadline
2023
IncorporationFounding capital of €3,000, 100 shares · Founder: MAERTENS Eva Martine Robert · Appointment: MAERTENS Eva Martine Robert (director) · published on 12-04-20233 points ▸
- Founder, MAERTENS Eva Martine Robert
- Founding capital, €3,000, 100 shares
- Director appointment, MAERTENS Eva Martine Robert
- The deed holds 2 more points.
First establishment Emiel Maeyensstraat 39, Ghent
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 7 April 2023, EVALA was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 In 2025 the registered office moved to Sint-Amandsberg.3 MAERTENS Eva Martine Robert has served as director since 2023.4 Total assets went from €41,018 in 2023 to €28,315 in 2025.5
Company details
Identity
- Enterprise number
- 0800.549.512
- VAT number
- BE 0800.549.512
- Peppol ID
- 0208:0800549512
- Other Peppol ID
- 9925:BE0800549512
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 07-04-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 19:00deed of 12-04-2023 (in Dutch)
- Peppol
- Reachable since 31-05-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- EVALA in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 12-04-2023 (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.
- “Vlaams Gewest”deed of 12-04-2023 (in Dutch)
Activities
NACEBEL 202573110
Advertising agencies main activity
Codes under NACEBEL 2008
73110
Advertising, market research and public relations activities main activity
70210
Activities of head offices; management consultancy activities
73200
Advertising, market research and public relations activities
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Activiteiten van hoofdkantoren; adviesbureaus op het gebied van bedrijfsbeheer; Adviesbureaus op het gebied van bedrijfsbeheer; Adviesbureau…”deed of 12-04-2023 (in Dutch)
11 activities
- Activiteiten van hoofdkantoren; adviesbureaus op het gebied van bedrijfsbeheer;
- Adviesbureaus op het gebied van bedrijfsbeheer;
- Adviesbureau op gebied van public relations en communicatie;
- Adviesbureaus op het gebied van Human Ressources, personeelsbeleid Sales en IT;
- Verstrekken van financieel & bedrijfsadvies;
- Commerciële handelingen & advies;
- Het uitoefenen van bestuurdersfuncties, het verlenen van advies, management en andere diensten;
- Promotie en organisatie van evenementen;
- De aan- en verkoop, in- en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, in ’t kort tussenpersoon in de handel;
- Het verlenen van diensten en adviezen aan derden. Het verlenen van administratieve prestaties en computerservices;
- Het optreden als studie-, organisatie-, raadgevend en beherend bureau inzake bovenvermelde alsmede financiële, technische, commerciële, logistieke IT, fiscale en sociale aangelegenheden, zowel ten behoeve van vennootschappen, ondernemingen, bedrijvigheden, verenigingen en particulieren;
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Emiel Maeyensstraat 39 registered office 9040 Ghent 63920 Other information service activities | 07-04-2023 | 2.344.018.658 |
1 former office
- Gasmeterlaan 44, 9000 Gent until 10-12-2024 · deed of 16-01-2025
Buildings and parcels at the address
- Ground area
- 339 m²
- Buildings
- 207 m²
- Volume, LiDAR
- 930 m³
- Tallest building
- 10.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44061B0239/00V008 | 339 m² | 1 · 207 m² | 10.4 m · 1 |