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EVOLUTION ELECTRIQUE

Active
Private limited companyfounded 2023active for 3 yearsExcelsiorlaan 71, 1930 Zaventem, Belgium288 active companies are registered at this addressKBO/BCE: BE 1000.147.501
Summary

The computed 12-month bankruptcy probability of EVOLUTION ELECTRIQUE is 4.2% (elevated). The 2025 annual accounts show equity of €25,957 and a net result of €24,957. Its solvency ranks better than 36% of 1,680 sector peers (NACE 33, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Repair and maintenance of electrical equipment
NACE 33140
1 site
Size
€77,441total assets 2025
Equity
€25,957
Profit
€24,957
Turnover not published (micro format)
Financial health
49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
4.2%
Structure
2025 accounts 61 days early
Why 49raises riskFounded in 20231 change of registered office in 24 monthsSize: total assets €77,441Liquidity: current ratio 0.99, cash €5,277Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 60% of its sector peers (NACE 33, micro)
Financial strength
Strong
Solvency 59
equity 33.5% of total assets
Liquidity 56
short-term debt 14.7% · cash 6.8%
Profitability 100
return on assets 32.2%
Bankruptcy probability, 12 months
4.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,388 companies, NACE 33, micro)
Last 24 months 11-2024: 1.8%lowest value 12-2024: 1.9%▲ +0.1 percentage points vs 11-2024 01-2025: 2.3%▲ +0.4 percentage points vs 12-2024 02-2025: 2.4%▲ +0.1 percentage points vs 01-2025 03-2025: 2.7%▲ +0.3 percentage points vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 5.2%▲ +2.5 percentage points vs 04-2025 06-2025: 5.1%▼ -0.1 percentage points vs 05-2025 07-2025: 5.1%● unchanged vs 06-2025 08-2025: 5.5%▲ +0.4 percentage points vs 07-2025 09-2025: 5.6%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 5.6%● unchanged vs 09-2025highest value 11-2025: 5.6%● unchanged vs 10-2025highest value 12-2025: 5.6%● unchanged vs 11-2025highest value 01-2026: 3.3%▼ -2.3 percentage points vs 12-2025 02-2026: 3.3%● unchanged vs 01-2026 03-2026: 3.3%● unchanged vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.1%▼ -0.2 percentage points vs 04-2026 06-2026: 2.9%▼ -0.2 percentage points vs 05-2026 07-2026: 2.9%● unchanged vs 06-2026 08-2026: 2.9%● unchanged vs 07-2026 09-2026: 2.9%● unchanged vs 08-2026 10-2026: 4.2%▲ +1.3 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity insufficient (current ratio 0.99, below 1; short-term debt: 14.7% and cash: 6.8% of total assets), and 66.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 33, micro): better than 37% on solvency, 52% on liquidity and 90% on profitability.

The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Size: total assets €77,441
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.99, cash €5,277
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-12-2025, 61 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
61 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Registered officeRegistered-office move · Director in…
  3. IncorporationAppointment: KYAZIM Dzhuneyt Shefket (director)…

Financials · financial year 2025, micro format

Equity
€25,957
Total assets
€77,441
Net result
€24,957
Working capital
-€103

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €77,441
Fixed assets €66,143
Current assets €11,298
Equity and liabilities €77,441
Equity €25,957
Debt €51,484
Debt finances 66.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€39,008
Cash flow
€32,813
Current ratio
0.99
Debt to equity
1.98
ROE
96.1%
ROA
32.2%
Interest coverage
9.25
Debt ≤ 1 year
€11,402
Debt > 1 year
€40,082
Income taxes
€1,979

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 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% 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€77,441
Fixed assets21/28€66,143
Tangible fixed assets22/27€66,143
Furniture and vehicles24€2,333
Leasing and similar rights25€63,810
Current assets29/58€11,298
Amounts receivable within one year40/41€6,021
Trade receivables40€2,654
Other amounts receivable41€3,367
Cash at bank and in hand54/58€5,277
Equity and liabilities
Total equity and liabilities10/49€77,441
Equity10/15€25,957
Contributions10/11€1,000
Capital10€1,000
Issued capital100€1,000
Profit (loss) carried forward14€24,957
Amounts payable17/49€51,484
Amounts payable after more than one year17€40,082
Financial debts170/4€40,082
Amounts payable within one year42/48€11,402
Current portion of amounts payable after more than one year42€8,078
Trade debts44€2,859
Suppliers440/4€2,859
Other amounts payable47/48€464
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,856
Other operating charges640/8€325
Gross operating margin9900€39,333
Operating profit (loss)9901€31,152
Financial charges65/66B€4,216
Recurring financial charges65€4,216
Profit (loss) for the period before taxes9903€26,936
Income taxes67/77€1,979
Profit (loss) for the period9904€24,957
Profit (loss) for the period to be appropriated9905€24,957
Appropriation of the result
Profit (loss) to be appropriated9906€24,957

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,856
Other operating charges640/8€325
Gross operating margin9900€39,333
Operating profit (loss)9901€31,152
Financial charges65/66B€4,216
Recurring financial charges65€4,216
Profit (loss) for the period before taxes9903€26,936
Income taxes67/77€1,979
Profit (loss) for the period9904€24,957
Profit (loss) for the period to be appropriated9905€24,957
Line2025
Assets
Total assets20/58€77,441
Fixed assets21/28€66,143
Tangible fixed assets22/27€66,143
Furniture and vehicles24€2,333
Leasing and similar rights25€63,810
Current assets29/58€11,298
Amounts receivable within one year40/41€6,021
Trade receivables40€2,654
Other amounts receivable41€3,367
Cash at bank and in hand54/58€5,277
Equity and liabilities
Total equity and liabilities10/49€77,441
Equity10/15€25,957
Contributions10/11€1,000
Capital10€1,000
Issued capital100€1,000
Profit (loss) carried forward14€24,957
Amounts payable17/49€51,484
Amounts payable after more than one year17€40,082
Financial debts170/4€40,082
Amounts payable within one year42/48€11,402
Current portion of amounts payable after more than one year42€8,078
Trade debts44€2,859
Suppliers440/4€2,859
Other amounts payable47/48€464
Line2025
Profit (loss) for the period9904€24,957
+ Depreciation and write-downs630€7,856
Operating cash flow (approximation)€32,813

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 01-12-2025 2025-00574928

Similar companies · same sector, comparable size

Of the 636 active companies whose main activity is repair and maintenance of electrical equipment (NACE 33140), figures are known for 204. 161 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2023
KYAZIM Dzhuneyt Shefket
Director (not named in the articles) · since 25-09-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
KYAZIM Dzhuneyt Shefket
  • Director (not named in the articles), from 25-09-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 25-09-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 25-09-2023 Incorporation · €1,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

EVOLUTION ELECTRIQUE was incorporated on 21 September 2023 as a private limited company by one natural person, with a starting capital of €1,000.12 The registered office was moved to Zaventem in 2025.3 Since 2023, KYAZIM Dzhuneyt Shefket has served as director of the company.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 25-09-2023
  3. 3Belgian Official Gazette, 07-04-2025

Acts, filings and financial milestones

2025
01-12
NBB filing Annual accounts filed
financial year 2025 · micro format
07-04
Gazette deed Registered office
Registered-office move · Director in office3 facts ▸
  • General meeting, 12-03-2025
  • Registered-office move, Excelsiorlaan 71 -1930 Zaventem
  • Director in office, Kyazim Dzhuneyt (director)
2023
25-09
Gazette deed Incorporation
Appointment: KYAZIM Dzhuneyt Shefket (director) · Founding capital · Founder10 facts ▸
  • Incorporation, “EVOLUTION ELECTRIQUE” (deed in Dutch)
  • Founding capital, €1,000
  • Founder, KYAZIM Dzhuneyt Shefket
  • Capital
  • Other provision, “uitwerking overgangsbepalingen, eenparig” (deed in Dutch)
  • Registered office clause, “1930 Zaventem,Imperiastraat 8” (deed in Dutch)
  • Other provision, “website en e-mailadres” (deed in Dutch)
  • Board rule, 1
  • Director appointment, KYAZIM Dzhuneyt Shefket (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Gazette deedNBB filing
2 of 2 deeds read

Register details

Identification
Legal formPrivate limited company
Founded21-09-2023
Financial year end30-06
Activities, NACEBEL 2025
33140Repair and maintenance of electrical equipment
43211General electrical installation work
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:1000147501
Also 9925:BE1000147501
Registered 04-12-2025

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

Register as of 27 October 2026 · Peppol Directory

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

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, with enterprise number 1000.147.501

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
5,529 m²
Building footprint
1,563 m²
Building volume
15,182 m³
2 parcels, Brussels, Flanders · tallest building 16.6 m. Linked by address, not a title deed.
288 companies at this address See who is registered here
1 establishment unit
de Robianostraat 78, 1030 Schaarbeek
Installation of industrial machinery and equipment
since 2023unit no. 2.350.755.210
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
23094D0036/00W000 Flanders 5,436 m² 1 · 1,487 m² 12.6 m · 3
21906D0328/00A011 Brussels 93 m² 1 · 76 m² 16.6 m · 5
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
EVOLUTION ELECTRIQUE
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bij enkel besluit” (deed in Dutch)

deed of 25-09-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
Board ruleHow the board is made up, meets and takes decisions.
“Één of meer bestuurders, natuurlijke personen of rechtspersonen al dan niet aandeelhouder” (deed in Dutch)

deed of 25-09-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, register van aandelen op naam” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal aandelen, prijs vermeld in oorspronkelijke…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“Naar evenredigheid van het aantal aandelen dat zij bezitten, orgaan dat overgaat tot de uitgifte” (deed in Dutch)

deed of 25-09-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Tuesday of December at 20:00

deed of 25-09-2023

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)

deed of 25-09-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Stortingsplicht, bestuurder(s)” (deed in Dutch)
Other provision: “Vergoeding van de bestuurders, bedrag vaste of evenredige vergoeding” (deed in Dutch)
Other provision: “Dagelijks bestuur alsook vertegenwoordiging wat dat bestuur aangaat, dagelijks bestuur” (deed in Dutch)
Other provision: “Één of meerdere commissarissen, controle van de vennootschap” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, houder van effecten op naam als zodanig ingeschreven in register met betrekking tot zijn categorie” (deed in Dutch)
Other provision: “Zittingen processen-verbaal, door voorzitter aangeduid,niet noodzakelijk aandeelhouder” (deed in Dutch)
Other provision: “Beraadslagingen, meerderheid van stemmen ongeacht aantal vertegenwoordigde effecten behoudens wet of statuten” (deed in Dutch)
Other provision: “Bestuursorgaan, gewone of buitengewone algemene vergadering” (deed in Dutch)
Other provision: “Bestemming winst – reserves, bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Nog in natura aanwezige goederen op dezelfde wijze verdeeld, netto actief onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
Other provision: “Woonstkeuze, alle mededelingen,aanmaningen,dagvaardingen en betekeningen geldig” (deed in Dutch)
Other provision: “Gerechtelijke bevoegdheid, zaken vennootschap en uitvoering statuten tussen vennootschap,aandeelhouders,bestuurders,commissarissen en…” (deed in Dutch)
Other provision: “Gemeen recht, geacht niet geschreven” (deed in Dutch)

deed of 25-09-2023