Equity
€23,228 from €57,943 in 2016
Equity fell by 60% in 9 years.
EVOLVE
Lifetime
16 annual accounts with figures on one time axispeak €70,610 (2025)
€70,610▲ 15.3%
lowest -€996 (2010)
€53,228▲ 21.5%
peak €57,943 (2016)
€23,228▲ 13.5%
€60,187▼ 2.0%
Board1 name since 2009
1 director
Owners
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €61,246 to €70,610Dividend €30,000Equity from €20,460 to €23,228Cash from €18,506 to €40,167
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as EVOLVE has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,053 companies, not a prediction for EVOLVE. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0820082243
Resignation: (manager)
Reappointment: (director) · “Le développement, l'étude, la conception, la fabrication, l'assemblage, l'installation, l'entretien, la…” (deed in French) · Director discharge: · General meeting of 22-12-2023 · Gazette deed
Incorporation
published on 06-11-2009 · Gazette deed
First establishment
Rue Plein de Cyr 3, Huy
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EVOLVE Huy | €83,416 | €70,610 | 27.8% | - |
| White Flag Uccle | €101,429 | €51,817 | 76.9% | - |
| CONSTRUCT CONCEPT Schaerbeek | €122,631 | €77,512 | 52.2% | - |
| JONGENELEN ENGINEERING AND PROGRAMMING SERVICES Stabroek | €87,224 | €112,216 | -10.8% | - |
| H-MACHINERY Zulte | €144,514 | €71,276 | 50.6% | - |
| BAGENHIR Uccle | €50,750 | €70,909 | 71.8% | - |
| Daniel TRUYMAN Oreye | €150,334 | €51,206 | 53.6% | - |
These companies have the same main activity as EVOLVE: installation of industrial machinery and equipment (NACE 33200). They are comparable in size and age: total assets between €50,700 and €150,000, founded between 2008 and 2013.
Official details
Source: KBO- Status
- Active since 27-10-2009Normal situation
- Activity
- Installation of industrial machinery and equipmentNACE 33200and 3 others
- Establishment unit
- 2.251.821.9404500 Huy, since 27-10-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Insights on EVOLVE
EVOLVE files the micro format. That format states no turnover. The gross margin rose from €2,301 in 2010 to €70,610 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EVOLVE
- What is the company number of EVOLVE?
- The company number of EVOLVE is 0820.082.243. The VAT number is the same number with BE in front: BE 0820.082.243.
- Where is EVOLVE based?
- The registered office is at Rue Plein de Cyr 3, 4500 Huy.Company details
- What does EVOLVE do?
- According to the KBO register, the main activity is installation of industrial machinery and equipment (NACE 33200).
- What is the legal form of EVOLVE?
- EVOLVE is a private limited company (BV).
- When was EVOLVE founded?
- EVOLVE was founded on 27-10-2009.
- Is EVOLVE still active?
- Yes, EVOLVE is an active enterprise in the KBO register.
- What is the turnover of EVOLVE?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €70,610 and 2,666 comparable companies of the same size. It probably lies between €140,000 and €370,000. It is a rough estimate.Financials
- Is EVOLVE profitable?
- In financial year 2025, EVOLVE made a profit of €53,228.
- Where can I find the annual accounts of EVOLVE?
- EVOLVE filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EVOLVE due?
- EVOLVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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