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EVIBELLE

Active
Private limited companyfounded 198936 yrs activeMoerbezielaan 54, 9032 Gent, BelgiumKBO/BCE: BE 0438.449.403
Summary

The computed 12-month bankruptcy probability of EVIBELLE is 1.7% (moderate). The 2024 annual accounts show negative equity (-€46,619) and a net result of -€5,231. Equity is shrinking by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 36381 sector peers (fiscal year 2024). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
short-term debt: 0.3% and cash: 23.3% 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
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 2024
Solvency, return and age of the figures
Solvency
-553.9%
Return on assets
-62.2%
Age of the figures
21 mo
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 36 years 0 40 y
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€46,619
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 30-12-2025, 152 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 filings
Deviation from the deadline
2025
not confirmed
2024
152 d late
2023
138 d late
2022
152 d late
2021
115 d late
2020
131 d late
2019
122 d 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 135 days after 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 (1)
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

EVIBELLE was incorporated on 2 October 1989.1 Total assets fell from EUR 19,627 in 2018 to EUR 8,416 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€46,619▼ 12.6%
2023 · -€41,388
Total assets
€8,416▲ 2.4%
2023 · €8,217
Net result
-€5,231▼ 56.6%
2023 · -€3,340
Working capital
€7,983
2023 · -€2,547
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
Line20202021202220232024
Operating result-€2,647▲ 35.9%-€6,360▼ 140%-€4,503▲ 29.2%-€3,290▲ 26.9%-€5,163▼ 56.9%
Net result-€2,647below the sector's middle half▲ 35.9%-€6,404below the sector's middle half▼ 142%-€4,545below the sector's middle half▲ 29.0%-€3,340below the sector's middle half▲ 26.5%-€5,231below the sector's middle half▼ 56.6%
Equity-€27,099below the sector's middle half▼ 10.8%-€33,503below the sector's middle half▼ 23.6%-€38,048below the sector's middle half▼ 13.6%-€41,388below the sector's middle half▼ 8.8%-€46,619below the sector's middle half▼ 12.6%
Total assets€14,424below the sector's middle half▼ 13.4%€14,565below the sector's middle half▲ 1.0%€8,031below the sector's middle half▼ 44.9%€8,217below the sector's middle half▲ 2.3%€8,416below the sector's middle half▲ 2.4%
Debt€41,523▲ 1.0%€48,068▲ 15.8%€46,079▼ 4.1%€49,605▲ 7.7%€55,035▲ 10.9%
Working capital€12,139below the sector's middle half▼ 16.7%€4,913within the sector's middle half▼ 59.5%€580below the sector's middle half▼ 88.2%-€2,547below the sector's middle half€7,983within the sector's middle half
Solvency-187.9%below the sector's middle half▼ 41.1pp-230.0%below the sector's middle half▼ 42.1pp-473.8%below the sector's middle half▼ 243.7pp-503.7%below the sector's middle half▼ 29.9pp-553.9%below the sector's middle half▼ 50.2pp
Current ratio6.90above the sector's middle half▼ 2.961.57within the sector's middle half▼ 5.321.09below the sector's middle half▼ 0.480.75below the sector's middle half▼ 0.34
Return on assets (ROA)-18.4%below the sector's middle half▲ 6.4pp-44.0%below the sector's middle half▼ 25.6pp-56.6%below the sector's middle half▼ 12.6pp-40.6%below the sector's middle half▲ 15.9pp-62.2%below the sector's middle half▼ 21.5pp
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 abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2020: -€2,647-€2,647Net result 2020: -€2,647-€2,647Operating result 2021: -€6,360-€6,360Net result 2021: -€6,404-€6,404Operating result 2022: -€4,503-€4,503Net result 2022: -€4,545-€4,545Operating result 2023: -€3,290-€3,290Net result 2023: -€3,340-€3,340Operating result 2024: -€5,163-€5,163Net result 2024: -€5,231-€5,23120202021202220232024-€6,000-€4,000-€2,000€0Operating result 2022: -€4,503-€4,500Net result 2022: -€4,545-€4,550Operating result 2023: -€3,290-€3,290Net result 2023: -€3,340-€3,340Operating result 2024: -€5,163-€5,160Net result 2024: -€5,231-€5,230202220232024
The operating result stays negative: a loss of €5,163 in 2024 against €3,290 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8,416
Fixed assets €411 ▼ 34.0%
Current assets €8,005 ▲ 5.4%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€4,951▼
2023 · -€3,078
Cash flow
-€5,019▼
2023 · -€3,128
Debt to equity
-1.18▲
2023 · -1.20
Interest coverage
-72.81▼
2023 · -61.56
Debt ≤ 1 year
€22▼
2023 · €10,141
Debt > 1 year
€55,013▲
2023 · €39,464
A ratio outside any meaningful range has been withheld (balance sheet total €8,416, equity -€46,619).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% 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
4.6% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 6,622 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 · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€8,217€8,416▲
Fixed assets21/28€623€411▼
Tangible fixed assets22/27€623€411▼
Land and buildings22€145€118▼
Furniture and vehicles24€478€293▼
Current assets29/58€7,594€8,005▲
Amounts receivable within one year40/41€5,335€6,046▲
Other amounts receivable41€5,335€6,046▲
Cash at bank and in hand54/58€2,259€1,959▼
Equity and liabilities
Total equity and liabilities10/49€8,217€8,416▲
Equity10/15-€41,388-€46,619▼
Contributions10/11€18,550€18,550=
Capital10€18,550€18,550=
Issued capital100€24,900€24,900=
Uncalled capital101€6,350€6,350=
Reserves13€965€965=
Non-distributable reserves130/1€100€100=
Legal reserve130€100€100=
Tax-exempt reserves132€865€865=
Profit (loss) carried forward14-€60,903-€66,134▼
Amounts payable17/49€49,605€55,035▲
Amounts payable after more than one year17€39,464€55,013▲
Other amounts payable178/9€39,464€55,013▲
Amounts payable within one year42/48€10,141€22▼
Other amounts payable47/48€10,141€22▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€212€212=
Other operating charges640/8€858€823▼
Gross operating margin9900-€2,220-€4,128▼
Operating profit (loss)9901-€3,290-€5,163▼
Financial charges65/66B€50€68▲
Recurring financial charges65€50€68▲
Profit (loss) for the period before taxes9903-€3,340-€5,231▼
Profit (loss) for the period9904-€3,340-€5,231▼
Profit (loss) for the period to be appropriated9905-€3,340-€5,231▼
Appropriation of the result
Profit (loss) to be appropriated9906-€60,903-€66,134▼
Profit (loss) brought forward from the previous period14P-€57,563-€60,903▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€214€104€212€212€212=
Other operating charges640/8-€775€797€858€823▼ 4.1%
Gross operating margin9900-€1,730-€5,481-€3,494-€2,220-€4,128▼ 85.9%
Operating profit (loss)9901-€2,647-€6,360-€4,503-€3,290-€5,163▼ 56.9%
Financial income75/76B--€1---
Recurring financial income75--€1---
Financial charges65/66B-€44€43€50€68▲ 36.0%
Recurring financial charges65-€44€43€50€68▲ 36.0%
Profit (loss) for the period before taxes9903-€2,647-€6,404-€4,545-€3,340-€5,231▼ 56.6%
Profit (loss) for the period9904-€2,647-€6,404-€4,545-€3,340-€5,231▼ 56.6%
Profit (loss) for the period to be appropriated9905-€2,647-€6,404-€4,545-€3,340-€5,231▼ 56.6%
Line20202021202220232024Change
Assets
Total assets20/58€14,424€14,565€8,031€8,217€8,416▲ 2.4%
Fixed assets21/28€226€1,048€836€623€411▼ 34.0%
Tangible fixed assets22/27€226€1,048€836€623€411▼ 34.0%
Land and buildings22-€199€172€145€118▼ 18.6%
Furniture and vehicles24-€849€664€478€293▼ 38.7%
Current assets29/58€14,198€13,517€7,195€7,594€8,005▲ 5.4%
Amounts receivable within one year40/41€3,271€4,451€4,947€5,335€6,046▲ 13.3%
Other amounts receivable41-€4,451€4,947€5,335€6,046▲ 13.3%
Cash at bank and in hand54/58€10,927€9,066€2,248€2,259€1,959▼ 13.3%
Equity and liabilities
Total equity and liabilities10/49€14,424€14,565€8,031€8,217€8,416▲ 2.4%
Equity10/15-€27,099-€33,503-€38,048-€41,388-€46,619▼ 12.6%
Contributions10/11€18,550€18,550€18,550€18,550€18,550=
Capital10-€18,550€18,550€18,550€18,550=
Issued capital100-€24,900€24,900€24,900€24,900=
Uncalled capital101-€6,350€6,350€6,350€6,350=
Reserves13€965€965€965€965€965=
Non-distributable reserves130/1-€100€100€100€100=
Legal reserve130-€100€100€100€100=
Tax-exempt reserves132-€865€865€865€865=
Profit (loss) carried forward14-€46,614-€53,018-€57,563-€60,903-€66,134▼ 8.6%
Amounts payable17/49€41,523€48,068€46,079€49,605€55,035▲ 10.9%
Amounts payable after more than one year17€39,464€39,464€39,464€39,464€55,013▲ 39.4%
Other amounts payable178/9-€39,464€39,464€39,464€55,013▲ 39.4%
Amounts payable within one year42/48€2,059€8,604€6,615€10,141€22▼ 99.8%
Other amounts payable47/48-€8,604€6,615€10,141€22▼ 99.8%
Line20202021202220232024Change
Profit (loss) for the period9904-€2,647-€6,404-€4,545-€3,340-€5,231▼ 56.6%
+ Depreciation and write-downs630€214€104€212€212€212=
Operating cash flow (approximation)-€2,433-€6,300-€4,333-€3,128-€5,019▼ 60.5%
Investment in fixed assets (approximation)--€926€0€1€0▼ 100%
Change in cash--€1,861-€6,818€11-€300▼ 2,827%

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

2025
30-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 152 days late
2024
31-12
Financial Liquidity times 486current ratio 363.86
Current ratio from 0.75 to 363.86; short-term debt falls from €10,141 to €22.
16-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 138 days late
2023
30-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 152 days late
2022
23-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 115 days late
2021
31-12
Financial Weakest financial yearnet -€6,404
Net result drops to -€6,404, the lowest in the series; recovery starts the following year.
09-12
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 131 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 92 days late
2018
29-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 60 days late
2017
30-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
2016
21-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 82 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Gent · 1 establishment unit since 1989
seat establishment The establishment unit on the map
Ground area
904 m²
Building footprint
218 m²
Volume, LiDAR
1,315 m³
2 parcels, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Grotstraat 19, 9300 Aalst
Printing and reproduction of recorded media
since 19892.045.187.491
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44074B0571/00H008 Flanders 520 m² 1 · 119 m² 9.0 m · 1 fl.
41304F0647/00V000 Flanders 383 m² 1 · 98 m² 11.2 m · 3 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.

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 8,576 companies in sector 43410 we hold annual accounts for 4,368. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-10-1989
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
14210Manufacture of outerwear
E-invoicing
Reachable via Peppol
Peppol ID 0208:0438449403
Also 9925:BE0438449403
Registered 29-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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