EVALEM BETA
ActiveSummary
The computed 12-month bankruptcy probability of EVALEM BETA is 1.7% (moderate). The 2024 annual accounts show equity of €1.9m and a net result of -€24,980. Equity has been growing by about 9.9% per year since 2018. Its solvency ranks better than 55% of 4,796 sector peers (NACE 68, financial year 2024). The company has been active since 1948 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 04-05-1948 Normal situation
- Registered office
- 17 active companies are registered at this address Source: KBO register, as of 1 November 2026.
- Activity
- Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 1 other
- Establishment unit
- 2.005.213.197 1180 Ukkel, since 01-05-1948
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- EVALEM ALPHA SRLDirector · since 29-12-2022
- EVALEM ALPHA100%· score 9130-06-2025 annual accounts of EVALEM ALPHA
- Christine Wargnies50.76%annual accounts 2017
- Goethals Emeric24.5%annual accounts 2017
- Holdings
- Shares in 1 company M.D.C.
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.7%
- Gross margin
- €194,141
- ▼ 1.7%
- Turnover
- ≈ €280,000
- estimated
- Loss
- €24,980
- ▲ 224%
- Equity
- €1.9m
- ▼ 1.3%
- Total assets
- €5.2m
- ▼ 2.9%
- 2025 accounts not filed, 93 days past the deadline
Score breakdownraises riskLiquidity: current ratio 0.66, cash €572Figures for financial year 2024 (filed on 02-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 2 of the last 3 accounts latelowers riskFounded in 1948Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 68, small). It does better than 56% of them on solvency, 48% on liquidity, 23% on profitability and 36% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 6 accounts on average 12 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, full format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.
Annual accounts 2024 filed on 30-09-2025 PDF all 48 filings
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result for 2024 is 14% lower than in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €18,264 | €756,590 | €157,677 | - |
| Financial fixed assets | - | €2.8m | - | - |
| Depreciation and write-downs of the year | €61,647 | €55,732 | €93,046 | €104,861 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as EVALEM BETA: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €4.1m and €7.4m, founded between 1937 and 1968.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| EVALEM BETA Brussel | 1948 | €5.2m | €1.9m | €0.2m | -€0.02m | - | 2024 |
| VISHA Watermaal-Bosvoorde | 1968 | €6.7m | €3.0m | €0.2m | -€0.007m | - | 2025 |
| The Horizon Company Oostkamp | 1961 | €4.7m | €1.2m | €0.2m | €0.04m | - | 2025 |
| VASTGOED DE CLEENE-RAMAN Lochristi | 1937 | €4.3m | €2.6m | €0.2m | €0.05m | - | 2025 |
| Fabrieken Van Ysendyk Knokke-Heist | 1939 | €7.4m | €3.9m | €0.2m | -€0.02m | - | 2025 |
| ROBERFROID Knokke-Heist | 1968 | €5.8m | €4.7m | €0.2m | -€0.04m | 0 | 2025 |
| Belteinka Oudenaarde | 1967 | €4.1m | €3.7m | €0.2m | €0.02m | - | 2025 |
They were chosen from the 7,230 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €237,005 | €248,550 | €197,238 | €197,262 | €195,535 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €76,286 | €97,452 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,835 | €63,621 | €62,987 | €61,647 | €55,732 | €93,046 | €104,861 | ▲ 12.7% |
| Other operating charges640/8 | - | - | - | €10,480 | €9,755 | - | - | - |
| Gross operating margin9900 | €593,436 | €161,662 | €121,686 | €120,976 | €98,084 | €197,451 | €194,141 | ▼ 1.7% |
| Operating profit (loss)9901 | €514,633 | €57,196 | €44,882 | €48,850 | €32,596 | €104,405 | €89,280 | ▼ 14.5% |
| Financial income75/76B | - | - | - | - | - | €13,197 | €4,873 | ▼ 63.1% |
| Recurring financial income75 | €6 | - | - | - | - | €13,197 | €4,873 | ▼ 63.1% |
| Financial charges65/66B | - | - | - | €12,747 | €16,775 | €127,719 | €127,802 | ▲ 0.1% |
| Recurring financial charges65 | €23,315 | €19,608 | €15,868 | €12,747 | €16,775 | €127,719 | €127,802 | ▲ 0.1% |
| Profit (loss) for the period before taxes9903 | €491,324 | €37,588 | €29,013 | €36,103 | €15,821 | -€10,117 | -€33,649 | ▼ 233% |
| Transfer from deferred taxes780 | - | - | - | €5,741 | €5,252 | €9,784 | €9,786 | = |
| Income taxes67/77 | €84,188 | €14,616 | €10,707 | €13,445 | €8,477 | €7,371 | €1,117 | ▼ 84.9% |
| Profit (loss) for the period9904 | €395,242 | €28,713 | €24,048 | €28,399 | €12,596 | -€7,705 | -€24,980 | ▼ 224% |
| Transfer from tax-exempt reserves789 | - | - | - | €10,460 | €9,826 | €27,954 | €27,961 | = |
| Profit (loss) for the period to be appropriated9905 | €183,297 | €39,172 | €34,507 | €38,859 | €22,422 | €20,249 | €2,981 | ▼ 85.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.2m | €2.0m | €2.0m | €1.8m | €5.3m | €5.4m | €5.2m | ▼ 2.9% |
| Fixed assets21/28 | €1.5m | €1.5m | €1.4m | €1.4m | €4.8m | €4.9m | €4.8m | ▼ 2.1% |
| Tangible fixed assets22/27 | €1.5m | €1.5m | €1.4m | €1.4m | €2.1m | €2.1m | €2.0m | ▼ 5.0% |
| Land and buildings22 | - | - | - | €1.4m | €2.1m | €2.1m | €2.0m | ▼ 5.0% |
| Financial fixed assets28 | - | - | - | - | €2.8m | €2.8m | €2.8m | = |
| Current assets29/58 | €0.7m | €0.6m | €0.6m | €0.4m | €0.5m | €0.5m | €0.4m | ▼ 9.9% |
| Amounts receivable within one year40/41 | €0.002m | €0.01m | €0.1m | €0.002m | €0.002m | €0.5m | €0.4m | ▼ 9.9% |
| Trade receivables40 | - | - | - | €90 | - | €0.03m | €0.02m | ▼ 52.1% |
| Other amounts receivable41 | - | - | - | €0.002m | €0.002m | €0.5m | €0.4m | ▼ 6.8% |
| Current investments50/53 | €0.05m | €0.05m | €0.03m | €0.03m | €0.03m | - | - | - |
| Cash at bank and in hand54/58 | €0.6m | €0.5m | €0.4m | €0.4m | €0.5m | €52 | €0.001m | ▲ 991% |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.002m | €0.004m | €0.003m | ▼ 20.7% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.2m | €2.0m | €2.0m | €1.8m | €5.3m | €5.4m | €5.2m | ▼ 2.9% |
| Equity10/15 | €1.2m | €1.2m | €1.1m | €1.1m | €1.9m | €1.9m | €1.9m | ▼ 1.3% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.8m | €0.8m | €0.8m | = |
| Capital10 | - | - | - | €0.06m | €0.8m | €0.8m | €0.8m | = |
| Issued capital100 | - | - | - | €0.06m | €0.8m | €0.8m | €0.8m | = |
| Reserves13 | €1.1m | €1.1m | €1.1m | €1.1m | €1.0m | €1.0m | €1.0m | ▼ 2.7% |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.007m | €0.008m | €0.008m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.007m | €0.008m | €0.008m | = |
| Tax-exempt reserves132 | - | - | - | €1.0m | €1.0m | €0.9m | €0.9m | ▼ 3.0% |
| Distributable reserves133 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Profit (loss) carried forward14 | €0.07m | €0.1m | €0.01m | €0.02m | €0.04m | €0.06m | €0.06m | ▲ 5.3% |
| Provisions and deferred taxes16 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 3.6% |
| Deferred taxes168 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 3.6% |
| Amounts payable17/49 | €0.7m | €0.5m | €0.5m | €0.4m | €3.1m | €3.2m | €3.1m | ▼ 3.7% |
| Amounts payable after more than one year17 | €0.4m | €0.4m | €0.3m | €0.2m | €3.0m | €2.6m | €2.4m | ▼ 7.4% |
| Financial debts170/4 | - | - | - | €0.2m | €3.0m | €2.6m | €2.4m | ▼ 7.9% |
| Other amounts payable178/9 | - | - | - | - | - | €0.03m | €0.04m | ▲ 29.6% |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.2m | €0.1m | €0.1m | €0.6m | €0.7m | ▲ 12.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.03m | €0.2m | €0.2m | ▲ 15.3% |
| Financial debts43 | - | - | - | - | - | €0.4m | €0.4m | ▲ 7.6% |
| Credit institutions430/8 | - | - | - | - | - | €0.4m | €0.4m | ▲ 7.6% |
| Trade debts44 | €0.02m | €0.007m | €0.01m | €0.01m | €0.02m | €0.03m | €0.05m | ▲ 90.0% |
| Suppliers440/4 | - | - | - | €0.01m | €0.02m | €0.03m | €0.05m | ▲ 90.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.006m | €0.008m | €0.007m | €0.001m | ▼ 84.9% |
| Taxes450/3 | - | - | - | €0.005m | €0.008m | €0.007m | €0.001m | ▼ 84.9% |
| Remuneration and social security454/9 | - | - | - | €0.001m | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.06m | €0.09m | - | €240 | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.006m | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.03m | €0.02m | €0.03m | €0.01m | -€0.008m | -€0.02m | ▼ 224% |
| + Depreciation and write-downs630 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.09m | €0.1m | ▲ 12.7% |
| Operating cash flow (approximation) | €0.5m | €0.09m | €0.09m | €0.09m | €0.07m | €0.09m | €0.08m | ▼ 6.4% |
| Investment in fixed assets (approximation) | - | -€0.005m | €0 | -€0.02m | -€3.5m | -€0.2m | €0 | - |
| Change in cash | - | -€0.08m | -€0.1m | €0.003m | €0.05m | -€0.5m | €0.001m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 48 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | full format | 30-09-2025 | 2025-00524887 | |
| 31-12-2023 | full format | 30-08-2024 | 2024-00422107 | |
| 31-12-2022 | full format | 31-08-2023 | 2023-00393661 | |
| 31-12-2021 | micro format | 10-05-2022 | 2022-20024868 | |
| 31-12-2020 | micro format | 20-05-2021 | 2021-14800009 | |
| 31-12-2019 | micro format | 22-06-2020 | 2020-18800574 | |
| 31-12-2018 | micro format | 18-07-2019 | 2019-34600384 | |
| 31-12-2017 | micro format | 03-05-2018 | 2018-12100299 | |
| 31-12-2016 | full format | 09-05-2017 | 2017-11600232 | |
| 31-12-2015 | full format | 10-05-2016 | 2016-11800039 |
Board & ownership
Directors
Owners and capital
Shareholders
5 ownersChain of control
- CLASS-BUSINESS
- EVALEM ALPHA
- EVALEM BETA
Owners 5
- EVALEM ALPHAparentEquity €2.9m Loss of €14,370 in 2025 (loss of €27,647 in 2024) Checked score 91100%
- Christine Wargniesnatural personSourceown accounts 201750.76%
- Goethals Emericnatural personSourceown accounts 201724.5%
- Marie Goethalsnatural personSourceown accounts 201724.5%
- Patrick Goethalsnatural personSourceown accounts 20170.24%
Capital transactions
- 17-01-2023 Capital increase of €750,000 · to €813,716 · 9,773 new shares at €76.74 per share · in kind
- 17-01-2023 Incorporation · FRANCS 100,000 · 100 shares
- 17-01-2023 Capital increase of FRANCS 400,000 · to FRANCS 500,000 · 400 new shares
- 17-01-2023 Capital increase of FRANCS 500,000 · to FRANCS 1,000,000 · 500 new shares
- 17-01-2023 Capital increase of FRANCS 7,850,000 · to FRANCS 8,850,000 · 7,850 new shares
- 17-01-2023 Capital increase of FRANCS 7,000,000 · to FRANCS 15,850,000 · 7,000 new shares
- 17-01-2023 Capital increase · to FRANCS 39,200,000
- 17-01-2023 Capital increase · to FRANCS 41,700,000 · 2,500 new shares · in kind
Show 2 older capital entries
- 17-01-2023 Capital reduction of €800,000 · to €233,716 · repaid to the shareholders
- 17-01-2023 Capital reduction of €170,000 · to €63,716 · repaid to the shareholders
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| EVALEM ALPHA SRL |
|
| F.I.B.A. |
|
| Christine WARGNIES |
|
| Patrick GOETHALS |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Composition du conseil d'administration, seule assemblée générale nomme nouvel administrateur”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Pouvoirs des liquidateurs, assemblée générale en décide autrement à la majorité des voix”
Articles of association, deed of 17-01-2023 (in French)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- M.D.C.subsidiarySourceown accounts 2024Equity €685,023 Loss of €20,985 in 2025 (loss of €42,238 in 2024) Checked score 82100%
Connections & network
1 current directorThe network starts from the directors of EVALEM BETA. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
17-01
Gazette deed
Resignations: Christine WARGNIES (director) and Patrick GOETHALS (director)Appointment: F.I.B.A. (sole director) · Permanent representative: Etienne de SAUVAGE VERCOUR · Power of attorney30 points ▸
- Power of attorney, Frédéric MAGNUS
- Director resignation, Christine WARGNIES (director)
- Director resignation, Patrick GOETHALS (director)
- Director appointment, F.I.B.A. (sole director)
- Registered-office move, 1050 Bruxelles, Avenue Louise 131A
- Permanent representative, Etienne de SAUVAGE VERCOUR
- Power of attorney
- Other provision, “unanimité, adoption des résolutions” (deed in French)
- Other provision, 1, “ordre du jour” (deed in French)
- Other provision, 29-12-2022
- Other provision, 24-12-2022
- Capital increase, €750,000
- The act holds 18 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBAgenda
Agenda
Agenda
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21807G0060/00T002 | Brussels | 1,018 m² | 1 · 176 m² | 38.6 m · 11 |
| 21612C0056/02W080 | Brussels | 293 m² | 1 · 118 m² | 17.8 m · 4 |