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EVEC

Active
Private limited company (pre-2019)founded 199135 yrs activeKettingbrugweg(SHL) 1, 3910 Pelt, BelgiumKBO/BCE: BE 0443.767.179
Summary

EVEC has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€90,579) and a net result of -€22,367. Equity is shrinking by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability4▼-26
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.37 against 0.42 in 2024; short-term debt: 131.9% and cash: 1.4% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-46.3%
Return on assets
-11.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€90,579
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
35 d early
2023
6 d early
2022
54 d early
2021
29 d late
2020
30 d late
2019
58 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 4 April 1991, EVEC was incorporated.1 Total assets went from EUR 215,739 in 2018 to EUR 195,613 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€90,579▼ 32.8%
2024 · -€68,212
Total assets
€195,613▼ 1.9%
2024 · €199,408
Net result
-€22,367▼ 1,047%
2024 · -€1,950
Working capital
-€162,156▼ 27.5%
2024 · -€127,182
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€13,091▼ 421%€3,334-€1,413€2,635-€15,789
Net result-€24,070below the sector's middle half▼ 93.3%-€3,085below the sector's middle half▲ 87.2%-€7,772below the sector's middle half▼ 152%-€1,950below the sector's middle half▲ 74.9%-€22,367below the sector's middle half▼ 1,047%
Equity-€55,405below the sector's middle half▼ 76.8%-€58,490below the sector's middle half▼ 5.6%-€66,262below the sector's middle half▼ 13.3%-€68,212below the sector's middle half▼ 2.9%-€90,579below the sector's middle half▼ 32.8%
Total assets€196,267within the sector's middle half▼ 6.7%€193,246within the sector's middle half▼ 1.5%€195,272within the sector's middle half▲ 1.0%€199,408within the sector's middle half▲ 2.1%€195,613within the sector's middle half▼ 1.9%
Debt€251,672▲ 4.1%€251,736=€261,534▲ 3.9%€267,620▲ 2.3%€286,192▲ 6.9%
Working capital-€79,046▼ 49.7%-€93,146▼ 17.8%-€111,867▼ 20.1%-€127,182▼ 13.7%-€162,156▼ 27.5%
Solvency-28.2%below the sector's middle half▼ 13.3pp-30.3%below the sector's middle half▼ 2.0pp-33.9%below the sector's middle half▼ 3.7pp-34.2%below the sector's middle half▼ 0.3pp-46.3%below the sector's middle half▼ 12.1pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2021: -€13,091-€13,091Net result 2021: -€24,070-€24,070Operating result 2022: €3,334€3,334Net result 2022: -€3,085-€3,085Operating result 2023: -€1,413-€1,413Net result 2023: -€7,772-€7,772Operating result 2024: €2,635€2,635Net result 2024: -€1,950-€1,950Operating result 2025: -€15,789-€15,789Net result 2025: -€22,367-€22,36720212022202320242025-€30,000-€20,000-€10,000€0Operating result 2023: -€1,413-€1,410Net result 2023: -€7,772-€7,770Operating result 2024: €2,635€2,640Net result 2024: -€1,950-€1,950Operating result 2025: -€15,789-€15,800Net result 2025: -€22,367-€22,400202320242025
The operating result turns negative in 2025: a loss of €15,789 after €2,635 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €195,613
Fixed assets €99,843 ▼ 6.7%
Current assets €95,770 ▲ 3.7%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€8,620▼
2024 · €9,804
Cash flow
-€15,198▼
2024 · €5,219
Current ratio
0.37▼
2024 · 0.42
Debt to equity
-3.16▲
2024 · -3.92
ROA
-11.4%▼
2024 · -1.0%
Interest coverage
-1.31▼
2024 · 1.46
Debt ≤ 1 year
€257,926▲
2024 · €219,578
Debt > 1 year
€23,907▼
2024 · €44,252
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.1% went bankrupt
9.9% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€199,408€195,613▼
Fixed assets21/28€107,012€99,843▼
Tangible fixed assets22/27€107,012€99,843▼
Land and buildings22€107,012€99,843▼
Current assets29/58€92,396€95,770▲
Amounts receivable within one year40/41€91,773€93,125▲
Trade receivables40€59,096€60,025▲
Other amounts receivable41€32,676€33,100▲
Cash at bank and in hand54/58€623€2,645▲
Equity and liabilities
Total equity and liabilities10/49€199,408€195,613▼
Equity10/15-€68,212-€90,579▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€88,672-€111,039▼
Amounts payable17/49€267,620€286,192▲
Amounts payable after more than one year17€44,252€23,907▼
Financial debts170/4€44,252€23,907▼
Amounts payable within one year42/48€219,578€257,926▲
Current portion of amounts payable after more than one year42€19,624€20,344▲
Financial debts43€198,500€236,500▲
Credit institutions430/8€198,500€236,500▲
Trade debts44€844€1,081▲
Suppliers440/4€844€1,081▲
Taxes, remuneration and social security45€610-
Taxes450/3€610-
Accrued charges and deferred income492/3€3,791€4,359▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,169€7,169=
Other operating charges640/8€1,275€1,313▲
Non-recurring operating charges66A-€10,000
Gross operating margin9900€11,079€2,693▼
Operating profit (loss)9901€2,635-€15,789▼
Financial income75/76B€2,138-
Recurring financial income75€2,138-
Financial charges65/66B€6,723€6,577▼
Recurring financial charges65€6,723€6,577▼
Profit (loss) for the period before taxes9903-€1,950-€22,367▼
Profit (loss) for the period9904-€1,950-€22,367▼
Profit (loss) for the period to be appropriated9905-€1,950-€22,367▼
Appropriation of the result
Profit (loss) to be appropriated9906-€88,672-€111,039▼
Profit (loss) brought forward from the previous period14P-€86,722-€88,672▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,700€11,070€7,353€7,169€7,169=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€11,495-----
Other operating charges640/8€1,116€1,133€1,240€1,275€1,313▲ 3.0%
Non-recurring operating charges66A----€10,000-
Gross operating margin9900€13,221€15,538€7,181€11,079€2,693▼ 75.7%
Operating profit (loss)9901-€13,091€3,334-€1,413€2,635-€15,789▼ 699%
Financial income75/76B€1,745€1,867€1,998€2,138--
Recurring financial income75€1,745€1,867€1,998€2,138--
Financial charges65/66B€12,724€8,287€8,357€6,723€6,577▼ 2.2%
Recurring financial charges65€12,724€8,287€8,357€6,723€6,577▼ 2.2%
Profit (loss) for the period before taxes9903-€24,070-€3,085-€7,772-€1,950-€22,367▼ 1,047%
Profit (loss) for the period9904-€24,070-€3,085-€7,772-€1,950-€22,367▼ 1,047%
Profit (loss) for the period to be appropriated9905-€24,070-€3,085-€7,772-€1,950-€22,367▼ 1,047%
Line20212022202320242025Change
Assets
Total assets20/58€196,267€193,246€195,272€199,408€195,613▼ 1.9%
Fixed assets21/28€132,604€121,534€114,181€107,012€99,843▼ 6.7%
Tangible fixed assets22/27€132,604€121,534€114,181€107,012€99,843▼ 6.7%
Land and buildings22€132,604€121,534€114,181€107,012€99,843▼ 6.7%
Current assets29/58€63,663€71,712€81,091€92,396€95,770▲ 3.7%
Amounts receivable within one year40/41€59,271€70,334€80,332€91,773€93,125▲ 1.5%
Trade receivables40€32,597€41,793€49,707€59,096€60,025▲ 1.6%
Other amounts receivable41€26,674€28,541€30,625€32,676€33,100▲ 1.3%
Cash at bank and in hand54/58€4,392€1,377€759€623€2,645▲ 324%
Equity and liabilities
Total equity and liabilities10/49€196,267€193,246€195,272€199,408€195,613▼ 1.9%
Equity10/15-€55,405-€58,490-€66,262-€68,212-€90,579▼ 32.8%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Outside capital11€18,600€18,600€18,600---
Other1109/19€18,600€18,600€18,600---
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€75,865-€78,950-€86,722-€88,672-€111,039▼ 25.2%
Amounts payable17/49€251,672€251,736€261,534€267,620€286,192▲ 6.9%
Amounts payable after more than one year17€101,063€82,801€63,770€44,252€23,907▼ 46.0%
Financial debts170/4€101,063€82,801€63,770€44,252€23,907▼ 46.0%
Amounts payable within one year42/48€142,709€164,858€192,957€219,578€257,926▲ 17.5%
Current portion of amounts payable after more than one year42€17,612€18,261€19,032€19,624€20,344▲ 3.7%
Financial debts43€123,500€144,500€171,500€198,500€236,500▲ 19.1%
Credit institutions430/8€123,500€144,500€171,500€198,500€236,500▲ 19.1%
Trade debts44€843€1,453€1,951€844€1,081▲ 28.1%
Suppliers440/4€843€1,453€1,951€844€1,081▲ 28.1%
Taxes, remuneration and social security45€755€644€475€610--
Taxes450/3€755€644€475€610--
Accrued charges and deferred income492/3€7,900€4,077€4,807€3,791€4,359▲ 15.0%
Line20212022202320242025Change
Profit (loss) for the period9904-€24,070-€3,085-€7,772-€1,950-€22,367▼ 1,047%
+ Depreciation and write-downs630€13,700€11,070€7,353€7,169€7,169=
Operating cash flow (approximation)-€10,370€7,985-€419€5,219-€15,198▼ 391%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€3,014-€619-€136€2,022▲ 1,591%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial Weakest financial yearnet -€24,070
Net result drops to -€24,070, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
03-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
13-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 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, Pelt · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
4,166 m²
Building footprint
502 m²
Volume, LiDAR
1,941 m³
2 parcels, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
EVEC BVBA
Spreeuwerstraat 22+, 3680 MaaseikRenting and operating of own or leased non-residential real estate, excluding land
since 19912.052.598.093
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72033A0695/00G017 Flanders 2,897 m² 1 · 300 m² 6.7 m · 1 fl.
72024D0256/00R000 Flanders 1,268 m² 1 · 202 m² 6.0 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. PIMASSUR 100%
  2. VERZEKERINGEN PELLENS-VANDUFFEL 100%
  3. EVEC

Highest known parent: PIMASSUR. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded04-04-1991
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0443767179
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.