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EVOLESSE

Active
Private limited companyfounded 199927 yrs activeYvan Lutenslaan 20, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0466.396.883
Summary

EVOLESSE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €217k and a net result of €-62k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 47% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability9▼-61
Solvency53▼-23
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity short (current ratio 0.34 against 0.32 in 2023; short-term debt: 47.2% and cash: 0.5% of total assets), and 72.2% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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 27 years 0 30 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 2024
Solvency, return and age of the figures
Solvency
27.8%
Return on assets
-7.9%
Age of the figures
21 mo
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 29-12-2025, 151 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
151 d late
2023
58 d late
2022
34 d early
2021
52 d early
2020
8 d early
2019
3 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-62k
2023 · €28k
2018: €27k 2019: €26k▼ -2.6% vs 2018 2020: €7k▼ -72.7% vs 2019 2021: €30k▲ +324% vs 2020 2022: €31k▲ +2.4% vs 2021highest in 7 years 2023: €28k▼ -10.4% vs 2022 2024: €-62k▼ -323% vs 2023lowest in 7 years
2018 → 2024
Working capital
€-245k▼ 472%
2023 · €-43k
2018: €-72k 2019: €-63k▲ +11.4% vs 2018 2020: €-53k▲ +16.9% vs 2019 2021: €-52k▲ +1.2% vs 2020 2022: €-45k▲ +13.3% vs 2021 2023: €-43k▲ +5.2% vs 2022highest in 7 years 2024: €-245k▼ -472% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€190k-€221k▲ 15.9%€252k▲ 14.1%€279k▲ 11.1%€217k▼ 22.2% 2020: €190klowest in 5 years 2021: €221k▲ +15.9% vs 2020 2022: €252k▲ +14.1% vs 2021 2023: €279k▲ +11.1% vs 2022highest in 5 years 2024: €217k▼ -22.2% vs 2023
Operating result€31k-€61k▲ 94.9%€59k▼ 2.1%€52k▼ 12.6%€-49k 2020: €31k 2021: €61k▲ +94.9% vs 2020highest in 5 years 2022: €59k▼ -2.1% vs 2021 2023: €52k▼ -12.6% vs 2022 2024: €-49k▼ -194% vs 2023lowest in 5 years
Net result€7k-€30k▲ 324%€31k▲ 2.4%€28k▼ 10.4%€-62k 2020: €7k 2021: €30k▲ +324% vs 2020 2022: €31k▲ +2.4% vs 2021highest in 5 years 2023: €28k▼ -10.4% vs 2022 2024: €-62k▼ -323% vs 2023lowest in 5 years
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2020: €31k€31kNet result 2020: €7k€7kOperating result 2021: €61k€61kNet result 2021: €30k€30kOperating result 2022: €59k€59kNet result 2022: €31k€31kOperating result 2023: €52k€52kNet result 2023: €28k€28kOperating result 2024: €-49k€-49kNet result 2024: €-62k€-62k20202021202220232024€-100k€-50k€0€50kOperating result 2022: €59k€59kNet result 2022: €31k€31kOperating result 2023: €52k€52kNet result 2023: €28k€28kOperating result 2024: €-49k€-49kNet result 2024: €-62k€-62k202220232024
The operating result turns negative in 2024: a loss of €49k after €52k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €782k
Fixed assets €657k ▲ 24.4%
Current assets €125k ▲ 533%
Equity and liabilities €782k
Equity €217k ▼ 22.2%
Debt €565k ▲ 110%
Debt's share of the balance-sheet total rises from 49.0% to 72.2%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€-14k▼
2023 · €80k
Cash flow
€-27k▼
2023 · €55k
Current ratio
0.34▲
2023 · 0.32
Debt to equity
2.60▲
2023 · 0.96
ROE
-28.6%▼
2023 · 10.0%
ROA
-7.9%▼
2023 · 5.1%
Interest coverage
-1.14▼
2023 · 5.36
Debt ≤ 1 year
€369k▲
2023 · €62k
Debt > 1 year
€154k▼
2023 · €206k
Income taxes
€626▼
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet Code20232024
Assets
Total assets20/58€548k€782k▲
Fixed assets21/28€528k€657k▲
Tangible fixed assets22/27€528k€657k▲
Land and buildings22€528k€502k▼
Plant, machinery and equipment23-€105k
Furniture and vehicles24-€51k
Current assets29/58€20k€125k▲
Amounts receivable within one year40/41€11k€120k▲
Trade receivables40-€118k
Other amounts receivable41€11k€2k▼
Cash at bank and in hand54/58€9k€4k▼
Deferred charges and accrued income490/1-€678
Equity and liabilities
Total equity and liabilities10/49€548k€782k▲
Equity10/15€279k€217k▼
Contributions10/11€19k€19k=
Revaluation surpluses12€120k€120k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€139k€77k▼
Amounts payable17/49€269k€565k▲
Amounts payable after more than one year17€206k€154k▼
Financial debts170/4€206k€154k▼
Amounts payable within one year42/48€62k€369k▲
Current portion of amounts payable after more than one year42€53k€52k▼
Trade debts44€65€95k▲
Suppliers440/4€65€95k▲
Taxes, remuneration and social security45€9k€10k▲
Taxes450/3€9k€10k▲
Other amounts payable47/48-€212k
Accrued charges and deferred income492/3-€41k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€35k▲
Other operating charges640/8-€6k
Gross operating margin9900€80k€-8k▼
Operating profit (loss)9901€52k€-49k▼
Financial charges65/66B€15k€12k▼
Recurring financial charges65€15k€12k▼
Profit (loss) for the period before taxes9903€37k€-61k▼
Income taxes67/77€9k€626▼
Profit (loss) for the period9904€28k€-62k▼
Profit (loss) for the period to be appropriated9905€28k€-62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€139k€77k▼
Profit (loss) brought forward from the previous period14P€111k€139k▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€27k€28k€28k€35k▲ 25.9%
Other operating charges640/8-€1k€1k-€6k-
Gross operating margin9900€59k€89k€88k€80k€-8k▼ 111%
Operating profit (loss)9901€31k€61k€59k€52k€-49k▼ 194%
Financial charges65/66B-€19k€17k€15k€12k▼ 16.0%
Recurring financial charges65€21k€19k€17k€15k€12k▼ 16.0%
Profit (loss) for the period before taxes9903€10k€41k€42k€37k€-61k▼ 266%
Income taxes67/77€3k€11k€11k€9k€626▼ 93.2%
Profit (loss) for the period9904€7k€30k€31k€28k€-62k▼ 323%
Profit (loss) for the period to be appropriated9905€7k€30k€31k€28k€-62k▼ 323%
Line20202021202220232024Change
Assets
Total assets20/58€618k€610k€585k€548k€782k▲ 42.7%
Fixed assets21/28€601k€584k€556k€528k€657k▲ 24.4%
Tangible fixed assets22/27€601k€584k€556k€528k€657k▲ 24.4%
Land and buildings22-€584k€556k€528k€502k▼ 4.9%
Plant, machinery and equipment23----€105k-
Furniture and vehicles24----€51k-
Current assets29/58€17k€26k€29k€20k€125k▲ 533%
Amounts receivable within one year40/41--€8k€11k€120k▲ 1,009%
Trade receivables40--€7k-€118k-
Other amounts receivable41--€193€11k€2k▼ 80.9%
Cash at bank and in hand54/58€17k€25k€21k€9k€4k▼ 56.6%
Deferred charges and accrued income490/1-€1k--€678-
Equity and liabilities
Total equity and liabilities10/49€618k€610k€585k€548k€782k▲ 42.7%
Equity10/15€190k€221k€252k€279k€217k▼ 22.2%
Contributions10/11-€19k€19k€19k€19k=
Revaluation surpluses12-€120k€120k€120k€120k=
Reserves13€2k€2k€2k€2k€2k=
Non-distributable reserves130/1-€2k€2k€2k--
Reserves not available under the articles1311-€2k€2k€2k--
Distributable reserves133----€2k-
Profit (loss) carried forward14€50k€80k€111k€139k€77k▼ 44.7%
Amounts payable17/49€428k€390k€333k€269k€565k▲ 110%
Amounts payable after more than one year17€358k€310k€259k€206k€154k▼ 25.3%
Financial debts170/4-€310k€259k€206k€154k▼ 25.3%
Amounts payable within one year42/48€70k€78k€74k€62k€369k▲ 491%
Current portion of amounts payable after more than one year42-€48k€51k€53k€52k▼ 1.9%
Trade debts44€402€10k€759€65€95k▲ 145,921%
Suppliers440/4-€10k€759€65€95k▲ 145,921%
Taxes, remuneration and social security45-€14k€22k€9k€10k▲ 7.8%
Taxes450/3-€14k€22k€9k€10k▲ 7.8%
Other amounts payable47/48-€7k--€212k-
Accrued charges and deferred income492/3-€1k--€41k-
Line20202021202220232024Change
Profit (loss) for the period9904€7k€30k€31k€28k€-62k▼ 323%
+ Depreciation and write-downs630€27k€27k€28k€28k€35k▲ 25.9%
Operating cash flow (approximation)€34k€57k€59k€55k€-27k▼ 149%
Investment in fixed assets (approximation)-€-9k€0€0€-164k-
Change in cash-€8k€-4k€-12k€-5k▲ 58.3%

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
29-12
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 151 days late
2024
31-12
Financial Weakest financial yearnet €-62k
Net result drops to €-62k, the lowest in the series.
27-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 58 days late
2023
27-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €31k ▲2.4%
Net result €31k, the highest in the series.
09-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €200kEq €221k ▲15.9%
4 profitable years in a row build equity to €221k.
23-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
03-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Sint-Pieters-Woluwe · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
923 m²
Building footprint
250 m²
Volume, LiDAR
650 m³
2 parcels, Brussels, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Raymond Hyelaan 25, 3090 Overijse
Retail trade
since 19992.092.996.813
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23062M0688/00G000 Flanders 686 m² 1 · 168 m² -
21682C0176/00H008 Brussels 236 m² 1 · 82 m² 11.3 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, comparable size

Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 4,857 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
Founded01-07-1999
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
47120Other non-specialised retail sale
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
82300Organisation of conventions and trade shows

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