Evolva
ActiveSummary
Evolva has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €95k and a net result of €5k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability57▲+23
Solvency73▼-9
Growth35=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.76 against 4.25 in 2023; short-term debt: 36.3% and cash: 0.7% of total assets), but 51.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 →
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 2024Solvency, return and age of the figures
Solvency
48.3%
Return on assets
2.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
78 d late
2023
67 d late
2022
137 d late
2021
71 d late
2020
31 d late
2019
19 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€759k▼ 8.9%
2023 · €833k
2022: €1.42Mhighest in 3 years
2023: €833k▼ -41.2% vs 2022
2024: €759k▼ -8.9% vs 2023lowest in 3 years
2022 → 2024
EBIT margin
1.4%▼ 0.1pp
2023 · 1.5%
2022: 0.9%lowest in 3 years
2023: 1.5%▲ +72.8% vs 2022highest in 3 years
2024: 1.4%▼ -7.7% vs 2023
2022 → 2024
Net result
€5k▲ 113%
2023 · €2k
2018: €7k
2019: €34k▲ +349% vs 2018highest in 7 years
2020: €10k▼ -69.8% vs 2019
2021: €11k▲ +12.6% vs 2020
2022: €6k▼ -50.5% vs 2021
2023: €2k▼ -55.8% vs 2022lowest in 7 years
2024: €5k▲ +113% vs 2023
2018 → 2024
Working capital
€125k▲ 5.2%
2023 · €119k
2018: €3klowest in 7 years
2019: €3k▲ +4.8% vs 2018
2020: €4k▲ +51.6% vs 2019
2021: €66k▲ +1429% vs 2020
2022: €85k▲ +29.1% vs 2021
2023: €119k▲ +39.5% vs 2022
2024: €125k▲ +5.2% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.42M€833k▼ 41.2%€759k▼ 8.9%
2022: €1.42Mhighest in 3 years
2023: €833k▼ -41.2% vs 2022
2024: €759k▼ -8.9% vs 2023lowest in 3 years
Equity€70k-€81k▲ 16.4%€87k▲ 7.0%€89k▲ 2.9%€95k▲ 6.0%
2020: €70klowest in 5 years
2021: €81k▲ +16.4% vs 2020
2022: €87k▲ +7.0% vs 2021
2023: €89k▲ +2.9% vs 2022
2024: €95k▲ +6.0% vs 2023highest in 5 years
Operating result€35k-€20k▼ 43.2%€12k▼ 38.4%€12k▲ 1.5%€10k▼ 15.9%
2020: €35khighest in 5 years
2021: €20k▼ -43.2% vs 2020
2022: €12k▼ -38.4% vs 2021
2023: €12k▲ +1.5% vs 2022
2024: €10k▼ -15.9% vs 2023lowest in 5 years
Net result€10k-€11k▲ 12.6%€6k▼ 50.5%€2k▼ 55.8%€5k▲ 113%
2020: €10k
2021: €11k▲ +12.6% vs 2020highest in 5 years
2022: €6k▼ -50.5% vs 2021
2023: €2k▼ -55.8% vs 2022lowest in 5 years
2024: €5k▲ +113% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 16% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €196k
Equity
€95k ▲ 6.0%
Debt
€101k ▲ 51.9%
Debt's share of the balance-sheet total rises from 42.8% to 51.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11k▼
2023 · €13k
Cash flow
€6k▲
2023 · €3k
Current ratio
2.76▼
2023 · 4.25
Debt to equity
1.07▲
2023 · 0.75
ROE
5.6%▲
2023 · 2.8%
ROA
2.7%▲
2023 · 1.6%
Interest coverage
17.10▲
2023 · 1.97
Debt ≤ 1 year
€71k▲
2023 · €36k
Income taxes
€4k▲
2023 · €3k
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 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€156k€196k▲
Fixed assets21/28€865-
Tangible fixed assets22/27€865-
Plant, machinery and equipment23€865-
Current assets29/58€155k€196k▲
Amounts receivable within one year40/41€155k€195k▲
Trade receivables40€136k€142k▲
Other amounts receivable41€19k€53k▲
Cash at bank and in hand54/58€10€1k▲
Equity and liabilities
Total equity and liabilities10/49€156k€196k▲
Equity10/15€89k€95k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€32k€37k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Distributable reserves133€30k€35k▲
Profit (loss) carried forward14€39k€39k▲
Amounts payable17/49€67k€101k▲
Amounts payable within one year42/48€36k€71k▲
Trade debts44€31k€61k▲
Suppliers440/4€31k€61k▲
Taxes, remuneration and social security45€6k€10k▲
Taxes450/3€6k€10k▲
Accrued charges and deferred income492/3€30k€30k=
Income statement
Code20232024
Turnover70€833k€759k▼
Goods, raw materials, services and sundry goods60/61€815k€742k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€865€865=
Other operating charges640/8€5k€5k▲
Gross operating margin9900€18k€16k▼
Operating profit (loss)9901€12k€10k▼
Financial charges65/66B€7k€654▼
Recurring financial charges65€7k€654▼
Profit (loss) for the period before taxes9903€6k€10k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€2k€5k▲
Profit (loss) for the period to be appropriated9905€2k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€44k▲
Profit (loss) brought forward from the previous period14P€36k€39k▲
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €1.42M | €833k | €759k | ▼ 8.9% |
| Goods, raw materials, services and sundry goods60/61 | - | €814k | €1.39M | €815k | €742k | ▼ 8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €57k | €16k | €865 | €865 | = |
| Other operating charges640/8 | - | €6k | €3k | €5k | €5k | ▲ 7.6% |
| Gross operating margin9900 | €55k | €82k | €31k | €18k | €16k | ▼ 8.7% |
| Operating profit (loss)9901 | €35k | €20k | €12k | €12k | €10k | ▼ 15.9% |
| Financial income75/76B | - | €53 | - | - | - | - |
| Recurring financial income75 | €94 | €53 | - | - | - | - |
| Financial charges65/66B | - | €4k | €4k | €7k | €654 | ▼ 90.2% |
| Recurring financial charges65 | €24k | €4k | €4k | €7k | €654 | ▼ 90.2% |
| Profit (loss) for the period before taxes9903 | €10k | €15k | €8k | €6k | €10k | ▲ 72.3% |
| Income taxes67/77 | - | €4k | €2k | €3k | €4k | ▲ 39.4% |
| Profit (loss) for the period9904 | €10k | €11k | €6k | €2k | €5k | ▲ 113% |
| Profit (loss) for the period to be appropriated9905 | €10k | €11k | €6k | €2k | €5k | ▲ 113% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €284k | €158k | €223k | €156k | €196k | ▲ 25.6% |
| Fixed assets21/28 | €65k | €15k | €2k | €865 | - | - |
| Tangible fixed assets22/27 | €65k | €15k | €2k | €865 | - | - |
| Plant, machinery and equipment23 | - | €9k | €2k | €865 | - | - |
| Furniture and vehicles24 | - | €6k | - | - | - | - |
| Current assets29/58 | €219k | €143k | €221k | €155k | €196k | ▲ 26.3% |
| Stocks and contracts in progress3 | €70k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €126k | €132k | €207k | €155k | €195k | ▲ 25.4% |
| Trade receivables40 | - | €128k | €179k | €136k | €142k | ▲ 4.5% |
| Other amounts receivable41 | - | €5k | €28k | €19k | €53k | ▲ 171% |
| Cash at bank and in hand54/58 | €23k | €11k | €14k | €10 | €1k | ▲ 13,412% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €284k | €158k | €223k | €156k | €196k | ▲ 25.6% |
| Equity10/15 | €70k | €81k | €87k | €89k | €95k | ▲ 6.0% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Capital10 | - | - | €19k | €19k | - | - |
| Issued capital100 | - | - | €19k | €19k | - | - |
| Reserves13 | €32k | €32k | €32k | €32k | €37k | ▲ 15.7% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | - | - | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | €2k | - |
| Distributable reserves133 | - | €30k | €30k | €30k | €35k | ▲ 16.7% |
| Profit (loss) carried forward14 | €19k | €31k | €36k | €39k | €39k | ▲ 0.8% |
| Amounts payable17/49 | €214k | €77k | €136k | €67k | €101k | ▲ 51.9% |
| Amounts payable within one year42/48 | €214k | €77k | €136k | €36k | €71k | ▲ 94.9% |
| Trade debts44 | €167k | €71k | €128k | €31k | €61k | ▲ 98.5% |
| Suppliers440/4 | - | €71k | €128k | €31k | €61k | ▲ 98.5% |
| Taxes, remuneration and social security45 | - | €6k | €9k | €6k | €10k | ▲ 75.5% |
| Taxes450/3 | - | €6k | €9k | €6k | €10k | ▲ 75.5% |
| Accrued charges and deferred income492/3 | - | - | - | €30k | €30k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €11k | €6k | €2k | €5k | ▲ 113% |
| + Depreciation and write-downs630 | €15k | €57k | €16k | €865 | €865 | = |
| Operating cash flow (approximation) | €25k | €68k | €22k | €3k | €6k | ▲ 84.2% |
| Investment in fixed assets (approximation) | - | €-7k | €-2k | €0 | - | - |
| Change in cash | - | €-12k | €3k | €-14k | €1k | ▲ 110% |
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
2025
17-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 78 days late
2024
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
31-12
Financial
Weakest financial yearnet €2k ▼55.8%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 4.25
Current ratio from 1.63 to 4.25; short-term debt falls from €136k to €36k.
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 137 days late
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
31-12
Financial
Highest result since 2018net €34k ▲349%
Operating result €62k, net result €34k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Boom · 1 establishment unit since 2018
Ground area
902 m²
Building footprint
82 m²
Volume, LiDAR
575 m³
Parcel 11622C0710/00K002, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Evolva
since 20182.271.079.311
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11622C0710/00K002 | Flanders | 902 m² | 1 · 82 m² | 10.8 m · 2 fl. |
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.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,247 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
Founded15-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43110Demolition
43350Other building finishing work
43910Bricklaying and masonry work
77110Renting and leasing of cars and light motor vehicles
Contact
E-mail
evolva.construct@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.