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EVOLVE

Active Private limited companyfounded 2009active for 17 yearsRue Plein de Cyr 3, 4500 HuyKBO/BCE: BE 0820.082.243

Overview

Lifetime

16 annual accounts with figures on one time axis
peak €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 accounts

Equity

€23,228 from €57,943 in 2016

Equity fell by 60% in 9 years.

Debts

€60,187 72% of the balance sheet
Suppliers 16%Taxes and wages 49%Other 35%

Filings

16 annual accounts since 2010
AprilJune31 JulyOctober2010201520202025

Seven of the last ten came late. The 2018 accounts came latest: 29 days after the end of the period.

Checked 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
  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

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.

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 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

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

Board and ownership

Director, since 09-10-2009
Board & ownership

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
All 22 events

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
Company details

Annual accounts 2025

€70,610▲ 15.3%
≈ €210,000estimated
€53,228▲ 21.5%
€23,228▲ 13.5%
€83,416▲ 1.9%
Filing
Filed on 27-08-2026
Financials

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.

Financials

Annual accounts 2025

micro format, filed on 27-08-2026, 27 days late
€70,610
▲ 15.3%
€67,536
▲ 20.0%
€53,228
▲ 21.5%
€20,158
▲ 34.7%
27.8%
▲ 2.9 percentage points
1.33
▲ 0.09

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

Turnover ≈ €210,000. Estimated: probably between €140,000 and €370,000.

Balance sheet

balance sheet total €83,416 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

27.8%

Higher than 30% of 1,800 companies in 2025.

1.33

Higher than 37% of 1,758 companies in 2025.

63.8%

Higher than 95% of 1,765 companies in 2025.

EVOLVE Middle half of the sector 80% of the sector Micro accounts in repair and installation of machinery (NACE 33)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010
Balance sheet: assets
20/58 83,41681,85362,21360,62074,46180,46875,92576,95292,70099,02382,245228,28169,85744,81459,94414,165
21/28 3,0705,4934,7929,61214,57316,2049,4007,0059,82719,16429,25140,09545,96124,090--
21 ----02,3004,6006,9009,20011,50013,80016,10018,40020,700--
22/27 3,0705,4934,7929,61214,57313,9044,8001056277,66415,45123,99527,5613,390--
24 3,0704,1411,3372,8534,511539-1056277,66415,45123,99527,5613,390--
26 -1,3523,4556,75910,06213,3664,800---------
29/58 80,34676,36157,42151,00859,88764,26466,52569,94782,87379,85952,994188,18623,89620,72459,94414,165
3 --------------45,896-
30/36 --------------45,896-
40/41 37,15056,30437,57643,20030,77446,19161,17168,60780,04379,55449,163188,18623,89620,5518,5854,230
40 17,78816,16611,40021,3019,87234,31213,19527,68312,83726,1032,251158,75923,21820,5518,2263,869
41 19,36240,13926,17621,89820,90211,88047,97640,92467,20653,45146,91229,426678-359361
54/58 40,16718,50616,9174,99927,50117,0211,811901,9932623,831---5,4619,934
490/1 3,0291,5512,9282,8101,6131,0523,5431,25083843---17412
Balance sheet: equity and liabilities
10/49 83,41681,85362,21360,62074,46180,46875,92576,95292,70099,02382,245228,28169,85744,81459,94414,165
10/15 23,22820,46020,46026,92126,92143,41848,15835,98440,48657,94338,46934,3748,1978,4328,2835,204
10/11 -20,46020,46018,60018,60018,60018,60018,60018,60018,60018,60018,6006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------------12,40012,40012,40012,400
11 -----18,600----------
1109/19 -----18,600----------
13 ---1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860-
130/1 ---1,8601,8601,860----------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,860-
1311 ---1,8601,8601,860----------
14 23,228--6,4616,46122,95827,69815,52420,02637,48318,00913,914137372223-996
17/49 60,18761,39341,75333,69947,54037,05027,76740,96852,21441,08043,776193,90761,66036,38351,6608,961
17 ---------7,26214,30121,12327,737---
170/4 ---------7,26214,30121,12327,737---
42/48 60,18761,39341,75333,69747,54037,01427,60240,89849,97131,76229,187170,09732,71136,22451,6608,961
42 ------6,0292,2127,2627,03915,1377,1556,410---
43 -----------39,8898,2647,364--
430/8 -----------39,8898,2647,364--
44 9,7906941,7453,4472,7743,54414,90616,8505,20812,9288,933102,0727,54212,32648,9977,741
440/4 9,7906941,7453,4472,7743,54414,90616,8505,20812,9288,933102,0727,54212,32648,9977,741
45 29,39830,02819,62114,90919,56617,4046,66721,8367,50110,7955,11620,98110,1809,8429991,046
450/3 29,39830,02819,62114,90919,56617,4046,66721,8367,50110,7955,11620,98110,1809,8429991,046
47/48 21,00030,67220,38615,34125,20016,065--30,0001,000--3156,6921,664174
492/3 --02-36165702,2432,0572882,6861,212159--
Income statement
9900 70,61061,24636,34835,73232,33728,43525,14332,18835,25442,65436,66136,74929,91519,2514,6642,301
630 2,4224,0794,8404,9616,0354,2833,6052,8229,65211,04210,84410,84412,6415,690-575
640/8 6529069571,0269661,0319988881,8139655,256876474593467924
66A ---------------1,719
9901 67,53656,26030,55129,74525,33623,12120,54128,47723,79030,64720,56025,02816,80012,9674,197801
75/76B 1,6072,0031,2651,4681,0161,7443,7525,3882-2--7133
75 1,6072,0031,2651,4681,0161,7443,7525,3882-2--7133
65/66B 9491,4902,0152,3545888581,3545491,5731,5785,5505,25894763513181
65 9491,4902,0152,3545888581,3545491,5731,5785,5505,25894763513181
9903 68,19356,77429,80128,86025,76424,00822,93933,31622,21829,06915,01219,77015,85312,3394,079-996
67/77 14,96512,9577,1386,9456,2615,7975,7657,8189,6758,5952,9175,9936,5884,6911,0000
9904 53,22843,81722,66221,91519,50318,21017,17425,49812,54320,47412,09513,7779,2657,6483,079-996
9905 53,22843,81722,66221,91519,50318,21017,17425,49812,54320,47412,09513,7779,2657,6483,079-996
Appropriation of the result
9906 53,22843,81729,12328,37642,46145,90832,69845,52450,02638,48326,00913,9149,6377,8722,083-996
14P --6,4616,46122,958-----------
791/2 --1,860-------------
691/2 --1,860-----------1,860-
691 --1,860-------------
6920 --------------1,860-
694/7 30,00043,81729,12321,91536,00022,9505,00030,00030,0001,0008,000-9,5007,500--
694 30,00043,81729,12321,91536,00022,9505,00030,00030,000---9,5007,500--
695 ---------1,0008,000-----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00479044.

Financial year Type Filed Reference Document
31-12-2025 micro format 27-08-2026 2026-00479044 PDF
31-12-2024 micro format 27-08-2025 2025-00425063 PDF
31-12-2023 micro format 05-08-2024 2024-00329154 PDF
31-12-2022 micro format 16-08-2023 2023-00333081 PDF
31-12-2021 micro format 17-08-2022 2022-20307733 PDF
31-12-2020 micro format 27-07-2021 2021-40600055 PDF
31-12-2019 micro format 14-08-2020 2020-41200339 PDF
31-12-2018 micro format 29-08-2019 2019-54700361 PDF
31-12-2017 micro format 09-07-2018 2018-30900312 PDF
31-12-2016 micro format 20-06-2017 2017-19200593 PDF
31-12-2015 full format 22-06-2016 2016-20900304 PDF
31-12-2014 full format 25-06-2015 2015-22300409 PDF
31-12-2013 full format 25-06-2014 2014-21600544 PDF
31-12-2012 full format 25-06-2013 2013-21600023 PDF
31-12-2011 full format 26-06-2012 2012-21600373 PDF
31-12-2010 full format 30-08-2011 2011-49000048 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010
69,95860,34035,39034,70731,37127,40424,14631,29933,44141,68931,40535,87229,44118,657-1,376
55,65147,89627,50226,87625,53822,49320,77928,32022,19531,51622,93924,62121,90613,338--421
04,77934404,40411,0876,000031595504,97834,51229,780-575
21,6611,58911,918-22,50210,48015,2101,722-1,9031,731-3,569-----4,473-
20,15814,96715,66817,31112,34827,25038,92229,04932,90248,09723,80718,089-8,816-15,5008,2835,204
27.8%25.0%32.9%44.4%36.2%54.0%63.4%46.8%43.7%58.5%46.8%15.1%11.7%18.8%13.8%36.7%
1.331.241.381.511.261.742.411.711.662.511.821.110.730.571.161.58
1.331.241.381.511.261.742.411.711.662.511.821.110.730.570.271.58
2.593.002.041.251.770.850.581.141.290.711.145.647.524.316.241.72
229.2%214.2%110.8%81.4%72.4%41.9%35.7%70.9%31.0%35.3%31.4%40.1%113.0%90.7%37.2%-19.1%
63.8%53.5%36.4%36.2%26.2%22.6%22.6%33.1%13.5%20.7%14.7%6.0%13.3%17.1%5.1%-7.0%
73.6940.4917.5614.7453.35-----------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€4,779€344-€4,404
€2,422€4,079€4,840€4,961€6,035

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on EVOLVE

The operating result for 2025 is 20% higher than in 2024 and the highest since 2010. It is the sixth rise in a row, after the fall in 2019.

Debt's share of the balance-sheet total falls from 75.0% to 72.2%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2023
Director (not named in the articles)
since 09-10-2009 term without a fixed end
earlier manager, until 28-12-2023
listed in the 2025 annual accounts, filed on 27-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Article 12. Pouvoirs de l’organe d’administration et représentation 1.- Pouvoirs d’administration S’il n’y a qu’un seul administrateur, la…”
deed of 28-12-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
    • Director (not named in the articles), from 09-10-2009 to date
    • Manager, until 28-12-2023

See the board, name and registered office on a given date →

Control

Shareholder in 2011
25%
This company
EVOLVE
Equity €23,228
Profit €53,228 in 2025

Capital

Contribution
€20,460
Source
deed of 28-12-2023

Owners through the years

as the annual accounts name them
25%
Owners as a list
    • 2010 to 2011: 25%

Source: lists of holdings in the owners' accounts

Articles of association

deed of 28-12-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
100 shares
“Cent”
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant,moitié acquéreurs proportionnellement aux actions, mêmes formalités si non actionnaires de plein droit”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Tuesday of June at 18:00

Network & group

No group

EVOLVE has no parent and no holdings in its annual accounts. is the only director. EVOLVE shares no director with another company.

At the same address

Rue Plein de Cyr 3, 4500 Huy · 2 other companies
Bekaert, Philippe (sole trader)
establishment since 30-10-2007
founded in 2007
0893.162.439
Ligot, Stéphanie (sole trader)
establishment since 20-02-2000
founded in 2000
0647.566.654

Timeline

Timeline

22 events since 2009

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 27 days late
2025
Highest result from 2010 to 2025 net €53,228 ▲21.5% The operating result of €67,536 and the net result of €53,228 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0820082243
Annual accounts 2024 filed PDFmicro format · 27 days late
2024
Annual accounts 2023 filed PDFmicro format · 5 days late
2023
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 22-12-20236 points ▸
  • General meeting, 22-12-2023
  • Purpose change, “Le développement, l'étude, la conception, la fabrication, l'assemblage, l'installation, l'entretien, la commercialisaton, la vente, I’importation…” (deed in French)
  • Director resignation, (manager)
  • Director reappointment, (director (not named in the articles))
  • Director discharge,
  • Registered office clause, Rue Plein de Cyr 3 à 4500 Huy
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 16 days late
2022
Annual accounts 2021 filed PDFmicro format · 17 days late
2021
Annual accounts 2020 filed PDFmicro format · 4 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 14 days late
2019
Annual accounts 2018 filed PDFmicro format · 29 days late
2018
Annual accounts 2017 filed PDFmicro format · 22 days before the deadline
2017
Annual accounts 2016 filed PDFmicro format · 41 days before the deadline
2016
Annual accounts 2015 filed PDFfull format · 39 days before the deadline
2015
Annual accounts 2014 filed PDFfull format · 36 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 36 days before the deadline
2013
Annual accounts 2012 filed PDFfull format · 36 days before the deadline
2012
Annual accounts 2011 filed PDFfull format · 35 days before the deadline
2011
Back to profit net €3,079 The net result is €3,079, after one loss-making year.
Annual accounts 2010 filed PDFfull format · 30 days late
2009
Incorporation PDFpublished on 06-11-2009
First establishment Rue Plein de Cyr 3, Huy

Financial milestones sit on the financial year-end date, not the filing date.

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

History

EVOLVE was incorporated on 27 October 2009.1 Total assets went from €76,952 in 2018 to €83,416 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0820.082.243
VAT number
BE 0820.082.243
Peppol ID
0208:0820082243
Other Peppol ID
9925:BE0820082243
Legal form
Private limited company
Status
Active, normal situation
Founded
27-10-2009
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Tuesday of June at 18:00
deed of 28-12-2023 (in French)
Peppol
Reachable since 24-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
EVOLVE in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 28-12-2023 (in French)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
33200 Installation of industrial machinery and equipment main activity
26110 Manufacture of computer, electronic and optical products
28990 Manufacture of machinery and equipment not elsewhere classified
58290 Publishing activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Le développement, l'étude, la conception, la fabrication, l'assemblage, l'installation, l'entretien, la commercialisaton, la vente…”
3 activities
  1. Le développement, l'étude, la conception, la fabrication, l'assemblage, l'installation, l'entretien, la commercialisaton, la vente, I’importation, l’exportation, la location de tout ensemble électro mécanique, cartes électroniques, et logiciels ;
  2. L’usinage, le polissage, la soudure, de pièces diverses ;
  3. Le développement, l'étude, la conception, la fabrication, l'assemblage, l'installation, l'entretien, la commercialisaton, la vente, I’importation, l’exportation, la location de tous ensemble de meubles et pièces de mobiliers ;
deed of 28-12-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue Plein de Cyr 3 registered office 4500 Huy 27-10-2009 2.251.821.940

Buildings and parcels at the address

Ground area
1,889 m²
Buildings
71 m²
Volume, LiDAR
482 m³
Tallest building
7.9 m
Buildings to scale, each on its own parcel
71 m², 7.9 m 71 m², 7.9 m

Location

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

Parcels

Cadastral parcelArea Buildings Height / floors
61007A0290/00R0021,889 m² 1 · 71 m² 7.9 m · 2

Contact

E-mail p.bekaert@evolve.be establishment in Huy
Phone +32 496 40 50 40 establishment in Huy