EVN
ActiveSummary
EVN has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €745,859 and a net result of €64,687. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+6
Solvency63▼-9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 1.54 against 2.01 in 2024; short-term debt: 43.8% and cash: 18.1% of total assets), but 61.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.4%
Return on assets
3.3%
Age of the figures
9 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
28 d late
2023
5 d early
2022
16 d late
2021
23 d early
2020
8 d early
2019
8 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 3 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€745,859▲ 1.7%
2024 · €733,672
Total assets
€1.9m▲ 23.6%
2024 · €1.6m
Net result
€64,687
2024 · -€24,225
Working capital
€458,414▼ 3.0%
2024 · €472,372
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€194,035▼ 20.0%€297,957▲ 53.6%€131,666▼ 55.8%-€18,663€97,042
Net result€151,555▼ 15.7%€225,837▲ 49.0%€91,483▼ 59.5%-€24,225€64,687
Equity€519,840▲ 11.4%€745,677▲ 43.4%€809,897▲ 8.6%€733,672▼ 9.4%€745,859▲ 1.7%
Total assets€1.2m▲ 6.4%€1.5m▲ 22.1%€1.6m▲ 6.4%€1.6m▼ 3.1%€1.9m▲ 23.6%
Debt€727,805▲ 3.1%€778,084▲ 6.9%€811,240▲ 4.3%€837,878▲ 3.3%€1.2m▲ 42.8%
Working capital€428,877▲ 17.7%€610,071▲ 42.2%€691,335▲ 13.3%€472,372▼ 31.7%€458,414▼ 3.0%
Staff (FTE)3.9▲ 95.0%4.8▲ 23.1%6.7▲ 39.6%3.5▼ 47.8%9.3▲ 166%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2025 Staff (FTE) +166% on 2024. Cause not known from the registers.
- 2023 Net result -59% on 2022. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €97,042 after a loss of €18,663 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€632,901 ▲ 0.4%
Current assets
€1.3m ▲ 39.1%
Equity and liabilities €1.9m
Equity
€745,859 ▲ 1.7%
Debt
€1.2m ▲ 42.8%
Debt's share of the balance-sheet total rises from 53.3% to 61.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€231,041▲
2024 · €91,657
Cash flow
€198,686▲
2024 · €86,094
Current ratio
1.54▼
2024 · 2.01
Quick ratio
1.24▼
2024 · 1.45
Debt to equity
1.60▲
2024 · 1.14
ROE
8.7%▲
2024 · -3.3%
ROA
3.3%▲
2024 · -1.5%
Interest coverage
13.99▲
2024 · 6.47
Debt ≤ 1 year
€850,886▲
2024 · €468,686
Debt > 1 year
€344,429▼
2024 · €369,193
Income taxes
€19,805▲
2024 · €313
Staff costs
€426,837▲
2024 · €316,083
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,891 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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%.
| 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 10,891 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,525 | - | - | - | - |
| Remuneration, social security and pensions62 | €179,846 | €217,428 | €271,993 | €316,083 | €426,837 | ▲ 35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €76,382 | €85,245 | €92,110 | €110,319 | €133,998 | ▲ 21.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €5,971 | €2,002 | €3,936 | - | - | - |
| Other operating charges640/8 | €5,532 | €4,843 | €3,615 | €5,740 | €5,801 | ▲ 1.1% |
| Non-recurring operating charges66A | - | - | - | - | €1,235 | - |
| Gross operating margin9900 | €461,766 | €607,475 | €503,321 | €413,479 | €664,914 | ▲ 60.8% |
| Operating profit (loss)9901 | €194,035 | €297,957 | €131,666 | -€18,663 | €97,042 | ▲ 620% |
| Financial income75/76B | €12,190 | €14,896 | €5,217 | €8,922 | €3,967 | ▼ 55.5% |
| Recurring financial income75 | €12,190 | €14,896 | €5,217 | €8,922 | €3,967 | ▼ 55.5% |
| Financial charges65/66B | €12,201 | €11,766 | €17,082 | €14,171 | €16,517 | ▲ 16.6% |
| Recurring financial charges65 | €12,201 | €11,766 | €17,082 | €14,171 | €16,517 | ▲ 16.6% |
| Profit (loss) for the period before taxes9903 | €194,024 | €301,087 | €119,801 | -€23,911 | €84,492 | ▲ 453% |
| Income taxes67/77 | €42,469 | €75,250 | €28,318 | €313 | €19,805 | ▲ 6,221% |
| Profit (loss) for the period9904 | €151,555 | €225,837 | €91,483 | -€24,225 | €64,687 | ▲ 367% |
| Profit (loss) for the period to be appropriated9905 | €151,555 | €225,837 | €91,483 | -€24,225 | €64,687 | ▲ 367% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.5m | €1.6m | €1.6m | €1.9m | ▲ 23.6% |
| Fixed assets21/28 | €597,725 | €565,903 | €547,330 | €630,493 | €632,901 | ▲ 0.4% |
| Intangible fixed assets21 | €2,128 | €1,064 | €54,937 | €164,655 | €184,569 | ▲ 12.1% |
| Tangible fixed assets22/27 | €595,597 | €564,839 | €492,393 | €465,838 | €448,333 | ▼ 3.8% |
| Land and buildings22 | €540,799 | €510,585 | €448,370 | €386,156 | €323,670 | ▼ 16.2% |
| Plant, machinery and equipment23 | €16,460 | €26,345 | €27,713 | €22,426 | €14,024 | ▼ 37.5% |
| Furniture and vehicles24 | €38,338 | €27,909 | €16,309 | €57,256 | €110,638 | ▲ 93.2% |
| Current assets29/58 | €649,920 | €957,859 | €1.1m | €941,058 | €1.3m | ▲ 39.1% |
| Stocks and contracts in progress3 | €13,746 | €14,246 | €15,230 | €259,894 | €254,696 | ▼ 2.0% |
| Stocks30/36 | €13,746 | €14,246 | €15,230 | €247,162 | €237,041 | ▼ 4.1% |
| Contracts in progress37 | - | - | - | €12,732 | €17,655 | ▲ 38.7% |
| Amounts receivable within one year40/41 | €554,539 | €685,630 | €798,883 | €525,977 | €698,244 | ▲ 32.8% |
| Trade receivables40 | €554,539 | €685,630 | €764,126 | €457,621 | €659,523 | ▲ 44.1% |
| Other amounts receivable41 | - | - | €34,757 | €68,356 | €38,721 | ▼ 43.4% |
| Current investments50/53 | - | - | €150,000 | €147,731 | - | - |
| Cash at bank and in hand54/58 | €77,787 | €251,456 | €106,459 | - | €350,574 | - |
| Deferred charges and accrued income490/1 | €3,848 | €6,527 | €3,235 | €7,455 | €5,786 | ▼ 22.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.5m | €1.6m | €1.6m | €1.9m | ▲ 23.6% |
| Equity10/15 | €519,840 | €745,677 | €809,897 | €733,672 | €745,859 | ▲ 1.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €498,623 | €723,623 | €790,860 | €712,500 | €727,000 | ▲ 2.0% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €496,763 | €721,763 | €790,860 | €712,500 | €727,000 | ▲ 2.0% |
| Profit (loss) carried forward14 | €2,617 | €3,454 | €437 | €2,572 | €259 | ▼ 89.9% |
| Amounts payable17/49 | €727,805 | €778,084 | €811,240 | €837,878 | €1.2m | ▲ 42.8% |
| Amounts payable after more than one year17 | €465,618 | €415,901 | €365,514 | €369,193 | €344,429 | ▼ 6.7% |
| Financial debts170/4 | €465,618 | €415,901 | €365,514 | €369,193 | €344,429 | ▼ 6.7% |
| Amounts payable within one year42/48 | €221,043 | €347,788 | €382,472 | €468,686 | €850,886 | ▲ 81.5% |
| Current portion of amounts payable after more than one year42 | €49,043 | €49,717 | €50,386 | €69,940 | €88,515 | ▲ 26.6% |
| Financial debts43 | - | - | - | - | €150,000 | - |
| Credit institutions430/8 | - | - | - | - | €150,000 | - |
| Trade debts44 | €79,467 | €89,677 | €200,721 | €232,456 | €396,611 | ▲ 70.6% |
| Suppliers440/4 | €79,467 | €89,677 | €200,721 | €232,456 | €396,611 | ▲ 70.6% |
| Advances received on contracts in progress46 | - | - | - | €21,002 | €375 | ▼ 98.2% |
| Taxes, remuneration and social security45 | €90,305 | €154,785 | €128,342 | €60,811 | €121,002 | ▲ 99.0% |
| Taxes450/3 | €68,675 | €130,344 | €96,563 | €25,736 | €74,163 | ▲ 188% |
| Remuneration and social security454/9 | €21,630 | €24,442 | €31,779 | €35,076 | €46,840 | ▲ 33.5% |
| Other amounts payable47/48 | €2,229 | €53,608 | €3,023 | €84,475 | €94,383 | ▲ 11.7% |
| Accrued charges and deferred income492/3 | €41,144 | €14,396 | €63,254 | - | €1,027 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €151,555 | €225,837 | €91,483 | -€24,225 | €64,687 | ▲ 367% |
| + Depreciation and write-downs630 | €76,382 | €85,245 | €92,110 | €110,319 | €133,998 | ▲ 21.5% |
| Operating cash flow (approximation) | €227,937 | €311,083 | €183,593 | €86,094 | €198,686 | ▲ 131% |
| Investment in fixed assets (approximation) | - | -€53,423 | -€73,537 | -€193,482 | -€136,407 | ▲ 29.5% |
| Change in cash | - | €173,669 | -€144,997 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €64,687
Net result €64,687 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet -€24,225
Net result drops to -€24,225, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 16 days late
2022
31-12
Financial
Highest result since 2018net €225,837 ▲49%
Operating result €297,957, net result €225,837, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500,000Eq €519,840 ▲11.4%
4 profitable years in a row build equity to €519,840.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 58 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Oudenaarde · 1 establishment unit since 2009
Ground area
326 m²
Building footprint
326 m²
Volume, LiDAR
185 m³
Parcel 45508A0120/00D006, Flanders · tallest building 2.5 m. Linked by address, not a title deed.
1 establishment unit
EVN
since 20092.181.329.565
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45508A0120/00D006 | Flanders | 326 m² | 1 · 326 m² | 2.5 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 11,532 EUR awarded · 11,532 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,032 EUR | 4,032 EUR |
| 2024 | 1 | 0 EUR | 660 EUR |
| 2023 | 1 | 7,500 EUR | 6,840 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
894500BI0SONSKAGDY86
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ENES
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QUORUM
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Of 1,307 companies in sector 46423 we hold annual accounts for 810. 487 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-09-2009
Fiscal year end31-12
Activities, NACEBEL 2025
46421Wholesale trade
46423Wholesale of clothing, excluding workwear and underwear
47714Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0818871921
Registered
24-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.