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EVOLENCE

Active
Private limited companyfounded 2023active for 3 yearsGustaaf Peetersstraat 64, 2520 Ranst, BelgiumKBO/BCE: BE 0804.558.085
Summary

The computed 12-month bankruptcy probability of EVOLENCE is 7.2% (elevated). The 2024 annual accounts show equity of €46,463 and a net result of €31,463. Its solvency ranks better than 23% of 1,318 sector peers (NACE 42, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 04-08-2023 Normal situation
Activity
Civil engineering NACE 42211and 6 others
Establishment unit
2.348.059.501 2520 Ranst, since 04-08-2023
Financial year end
31 December
Peppol
Reachable since 05-01-2026

Board and ownership

Board

Financial position

34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
7.2%
Annual accounts 2024
Gross margin
€221,559
Turnover
≈ €560,000
estimated
Profit
€31,463
Equity
€46,463
Total assets
€216,425
Employees on 31-12-2024
7
  • 2024 accounts filed 61 days after the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 accounts lateFigures for financial year 2024 (filed on 30-09-2025)Liquidity: current ratio 1.19, cash €17Founded in 2023Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 33% of micro companies in civil engineering (NACE 42)
Financial strength
Average
Solvency 46
equity 21.5% of total assets
Liquidity 7
short-term debt 78.5% · cash 0.0%
Profitability 87
return on assets 14.5%
Bankruptcy probability within 12 months
7.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,867 companies, NACE 42, micro)
Last 24 months 12-2024: 4.4%lowest value 01-2025: 4.9%▲ +0.5 percentage points vs 12-2024 02-2025: 4.9%● unchanged vs 01-2025 03-2025: 5.1%▲ +0.2 percentage points vs 02-2025 04-2025: 5.2%▲ +0.1 percentage points vs 03-2025 05-2025: 5.0%▼ -0.2 percentage points vs 04-2025 06-2025: 5.1%▲ +0.1 percentage points vs 05-2025 07-2025: 5.5%▲ +0.4 percentage points vs 06-2025 08-2025: 5.5%● unchanged vs 07-2025 09-2025: 5.5%● unchanged vs 08-2025 10-2025: 7.3%▲ +1.8 percentage points vs 09-2025 11-2025: 7.3%● unchanged vs 10-2025 12-2025: 7.3%● unchanged vs 11-2025 01-2026: 7.3%● unchanged vs 12-2025 02-2026: 7.3%● unchanged vs 01-2026 03-2026: 7.3%● unchanged vs 02-2026 04-2026: 8.3%▲ +1.0 percentage point vs 03-2026 05-2026: 8.8%▲ +0.5 percentage points vs 04-2026 06-2026: 8.9%▲ +0.1 percentage points vs 05-2026 07-2026: 8.5%▼ -0.4 percentage points vs 06-2026 08-2026: 9.0%▲ +0.5 percentage points vs 07-2026highest value 09-2026: 5.8%▼ -3.2 percentage points vs 08-2026 10-2026: 7.2%▲ +1.4 percentage points vs 09-2026 11-2026: 7.2%● unchanged vs 10-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.19, below the usual 1.5. Short-term debt is 78.5% and cash 0% of total assets. 78.5% of the assets are financed with debt and provisions.
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 42, micro). It does better than 24% of them on solvency, 6% on liquidity and 69% on profitability.

The bankruptcy probability was computed on 03-11-2026 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).

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

Six signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 30-09-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.19, cash €17
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1318 sector peers (2024).
NBB · sector comparison
Position among 1318 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2024 accounts 61 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2024, micro format

2024 annual accounts filed 61 days after the deadline Filed on 30 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00514632.

Annual accounts 2024 filed on 30-09-2025 PDF

Amounts without an identifiable currency are taken as euros.

Turnover
≈ €560,000
Estimated: probably between €370,000 and €860,000
Total assets
€216,425
Net result
€31,463
Working capital
€31,801

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €216,425
Fixed assets €14,662
Current assets €201,763
Equity and liabilities €216,425
Equity €46,463
Debt €169,962
Debt's share of the balance-sheet total is 78.5%.
Key figures and ratios
2024 value
EBITDA
€46,549
Cash flow
€31,708
Current ratio
1.19
Debt to equity
3.66
ROE
67.7%
ROA
14.5%
Interest coverage
6.91
Debt ≤ 1 year
€169,962
Income taxes
€8,468
Staff costs
€171,681

Staff

social balance sheet
Item31-12-2024
Employees at the balance-sheet date7
full-time7
in full-time equivalents7
Average over the year, in full-time equivalents9.9
On a permanent contract3
Joined24
Left17

Source: social balance sheet in the 2024 annual accounts

Investments

fixed assets acquired
Item2024
Tangible fixed assets€1,107
Financial fixed assets€13,800
Depreciation and write-downs of the year€245

Source: notes to the 2024 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 40 lines
Balance sheet Code2024
Assets
Total assets20/58€216,425
Fixed assets21/28€14,662
Tangible fixed assets22/27€862
Furniture and vehicles24€862
Financial fixed assets28€13,800
Current assets29/58€201,763
Amounts receivable within one year40/41€192,250
Trade receivables40€180,924
Other amounts receivable41€11,326
Cash at bank and in hand54/58€17
Deferred charges and accrued income490/1€9,497
Equity and liabilities
Total equity and liabilities10/49€216,425
Equity10/15€46,463
Contributions10/11€15,000
Profit (loss) carried forward14€31,463
Amounts payable17/49€169,962
Amounts payable within one year42/48€169,962
Financial debts43€28,036
Credit institutions430/8€24,961
Other loans439€3,075
Trade debts44€67,373
Suppliers440/4€67,373
Taxes, remuneration and social security45€27,885
Taxes450/3€10,205
Remuneration and social security454/9€17,680
Other amounts payable47/48€46,668
Income statement Code2024
Remuneration, social security and pensions62€171,681
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€245
Other operating charges640/8€3,329
Gross operating margin9900€221,559
Operating profit (loss)9901€46,304
Financial income75/76B€363
Recurring financial income75€363
Financial charges65/66B€6,735
Recurring financial charges65€6,735
Profit (loss) for the period before taxes9903€39,932
Income taxes67/77€8,468
Profit (loss) for the period9904€31,463
Profit (loss) for the period to be appropriated9905€31,463
Appropriation of the result
Profit (loss) to be appropriated9906€31,463

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 30-09-2025.

Line2024
Remuneration, social security and pensions62€171,681
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€245
Other operating charges640/8€3,329
Gross operating margin9900€221,559
Operating profit (loss)9901€46,304
Financial income75/76B€363
Recurring financial income75€363
Financial charges65/66B€6,735
Recurring financial charges65€6,735
Profit (loss) for the period before taxes9903€39,932
Income taxes67/77€8,468
Profit (loss) for the period9904€31,463
Profit (loss) for the period to be appropriated9905€31,463
Line2024
Assets
Total assets20/58€216,425
Fixed assets21/28€14,662
Tangible fixed assets22/27€862
Furniture and vehicles24€862
Financial fixed assets28€13,800
Current assets29/58€201,763
Amounts receivable within one year40/41€192,250
Trade receivables40€180,924
Other amounts receivable41€11,326
Cash at bank and in hand54/58€17
Deferred charges and accrued income490/1€9,497
Equity and liabilities
Total equity and liabilities10/49€216,425
Equity10/15€46,463
Contributions10/11€15,000
Profit (loss) carried forward14€31,463
Amounts payable17/49€169,962
Amounts payable within one year42/48€169,962
Financial debts43€28,036
Credit institutions430/8€24,961
Other loans439€3,075
Trade debts44€67,373
Suppliers440/4€67,373
Taxes, remuneration and social security45€27,885
Taxes450/3€10,205
Remuneration and social security454/9€17,680
Other amounts payable47/48€46,668
Line2024
Profit (loss) for the period9904€31,463
+ Depreciation and write-downs630€245
Operating cash flow (approximation)€31,708

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 7,976 companies had the same profile as EVOLENCE has now. Two years later, 94.3% were still going and 3.6% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
94.3% was still going
1.8% stopped otherwise
3.6% went bankrupt

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of EVOLENCE itself is higher: 7.2% within 12 months. It rests on far more data about EVOLENCE than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the 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% 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 7,976 companies, not a prediction for EVOLENCE. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2024 micro format 30-09-2025 2025-00514632 PDF

Board & ownership

Directors

Directors
2 directors, no change since 2023
AKCHOUCH Faysal
Director (not named in the articles) · appointed in the act of 08-08-2023 · term without a fixed end · also on the board of 1 other company · listed in the 2024 annual accounts, filed on 30-09-2025
Current
CLOETENS Jan
Director (not named in the articles) · appointed in the act of 08-08-2023 · term without a fixed end · also on the board of 1 other company · listed in the 2024 annual accounts, filed on 30-09-2025
Current

Owners and capital

Shareholders

At incorporation act of 08-08-2023 ↗

Capital transactions

Capital over time
  1. 08-08-2023 Incorporation · 100 shares

Mandate history

2 people, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
AKCHOUCH Faysal
  • Director (not named in the articles), appointed in the act of 08-08-2023, still in office
CLOETENS Jan
  • Director (not named in the articles), appointed in the act of 08-08-2023, still in office
See the board, name and registered office on a given date →

Articles of association

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Articles of association, deed of 08-08-2023 (in Dutch)

Network & group

Companies at the same address

1 other company

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ECO FACILITY SERVICES
via AKCHOUCH Faysal and CLOETENS Jan · Director (not named in the articles)
→

Timeline

Acts, filings and financial milestones

2026
26-06
Gazette deed Amendment of the articles
Incorporation · Kind of shares · Shareholding8 points ▸
  • Incorporation, 03-08-2023
  • General meeting, “unanimiteit van stemmen, buitengewone algemene vergadering” (deed in Dutch)
  • Amendment of the articles, 5, mentioned 2 times in the deed
  • Kind of shares, 10100, “creatie soorten” (deed in Dutch)
  • Other provision, “verslag bestuurders artikel 5:102, met uitgifte neer te leggen op griffie bevoegde ondernemingsrechtbank” (deed in Dutch)
  • AKCHOUCH Faysal is a shareholder
  • CLOETENS Jan is a shareholder
  • Power of attorney, Dorien VERDUYN

Open the act in the Belgian Official Gazette

2025
30-09
NBB filing Annual accounts 2024 filedPDF
micro format · 61 days late
2024
05-08
Gazette deed Registered office moved from Herentals to Ranst
New seat: Gustaaf Peetersstraat 64, 2520 Ranst · Previous seat: Atealaan 34/A, 2200 Herentals2 points ▸
  • General meeting, 01-06-2024
  • Registered-office move, Gustaaf Peetersstraat 64,2520 Ranst

Open the act in the Belgian Official Gazette

2023
08-08
Gazette deed Incorporation
Appointments: AKCHOUCH Faysal (director) and CLOETENS Jan (director) · Founder · Founding capital10 points ▸
  • Incorporation, 03-08-2023
  • Founder, AKCHOUCH Faysal
  • Other provision, “echtgenote van comparant, echtgenote” (deed in Dutch)
  • Founder, CLOETENS Jan
  • Other provision, “wettelijke samenwoning, geen enkele wettelijke samenwoning aangegaan” (deed in Dutch)
  • Founding capital
  • Registered office clause, “Atealaan 34A”, 2200 (deed in Dutch)
  • Board rule, 2
  • Director appointment, AKCHOUCH Faysal (director (not named in the articles))
  • Director appointment, CLOETENS Jan (director (not named in the articles))

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

EVOLENCE was incorporated on 4 August 2023 as a private limited company by two natural persons.12 The registered office was moved to Ranst in 2024.3 The board currently has 2 members.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-08-2023
  3. 3Belgian Official Gazette, 05-08-2024
  4. 4National Bank, annual accounts 2024

Company details

Register details

Identity

KBO record
Name EVOLENCE in Dutch
Enterprise number 0804.558.085
Legal form Private limited company
Status Active, normale toestand
Founded 04-08-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 08-08-2023 (in Dutch)

Registered office and establishments

Registered office Gustaaf Peetersstraat 64, 2520 Ranst, Belgium
1 former office
  • Atealaan 34/A, 2200 Herentals until 01-06-2024 · act of 05-08-2024
Establishment unit EVOLENCE, Gustaaf Peetersstraat 64, 2520 Ranst since 04-08-2023 · unit number 2.348.059.501

Activities

NACEBEL 2025
VAT activities
42211 Civil engineering main activity
33120 Repair and maintenance of machinery
33200 Installation of industrial machinery and equipment
42220 Construction of utility projects for electricity and telecommunications
43211 General electrical installation work
82990 Other business support services
Social security (RSZ) activities
43240 Other construction installation main activity
Codes under NACEBEL 2008
VAT activities
42211 Civil engineering main activity
33120 Repair, maintenance and installation of machinery and equipment
33200 Installation of industrial machinery and equipment
42220 Construction of utility projects for electricity and telecommunications
43211 Specialised construction activities
82990 Other business support services
Social security (RSZ) activities
43299 Specialised construction activities main activity

Invoicing and payment

VAT number BE 0804.558.085
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0804558085
Registered 05-01-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0804.558.085

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Thursday of May at 20:00
deed of 08-08-2023 (in Dutch)

Recognitions · licences · registrations

Recognised contractor

2 categories
EVOLENCE BVapproval number 43078
  • C2 Water supply and laying all kinds of pipesclass 1, up to €162,000
  • P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 1, up to €162,000
decision 08-09-2023

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
1,501 m²
Building footprint
435 m²
Building volume
2,280 m³
Cadastral parcel Region Area Buildings Height / floors
11010C0408/00A002 Flanders 1,501 m² 1 · 435 m² 11.7 m · 1