Gross margin from €167,305 to €218,474Result from €10,786 to €35,599Equity from €72,978 to €108,576Debts from €405,443 to €329,286Cash from €21,818 to €47,963
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as EVOLVE PERFORMANCE 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 PERFORMANCE. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0597780613
Appointment: Hidden nameVisible after signing in (statutory director)Name after signing inVisible after signing in holds 185 shares · Name hiddenVisible after signing in holds 1 share · General meeting of 09-11-2022 · Gazette deed
Registered office moved from Tinlot to Somme-Leuze
New registered office: Parc d'Acttivité Nord 6, 5377 SOMME-LEUZE · Previous registered office: Rue du Zoning 2, 4557 TINLOT · General meeting of 19-12-2019 · Gazette deed
First establishment
Zone d'activités Nord, Bail. 6, Somme-Leuze
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as EVOLVE PERFORMANCE: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €359,000 and €545,000, founded between 2013 and 2017.
The company number of EVOLVE PERFORMANCE is 0597.780.613. The VAT number is the same number with BE in front: BE 0597.780.613.
Where is EVOLVE PERFORMANCE based?
The registered office is at Zone d'activités Nord, Bail. 6, 5377 Somme-Leuze.Company details
What does EVOLVE PERFORMANCE do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of EVOLVE PERFORMANCE?
EVOLVE PERFORMANCE is a private limited company (BV).
When was EVOLVE PERFORMANCE founded?
EVOLVE PERFORMANCE was founded on 09-02-2015.
Is EVOLVE PERFORMANCE still active?
Yes, EVOLVE PERFORMANCE is an active enterprise in the KBO register.
How many employees does EVOLVE PERFORMANCE have?
EVOLVE PERFORMANCE had an average of 2.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of EVOLVE PERFORMANCE?
The turnover in financial year 2024 is ≈ €440,000. This figure is estimated from the gross margin of €218,474 and 36 comparable companies (NACE 711). It probably lies between €340,000 and €570,000.
Is EVOLVE PERFORMANCE profitable?
In financial year 2024, EVOLVE PERFORMANCE made a profit of €35,599.
Where can I find the annual accounts of EVOLVE PERFORMANCE?
EVOLVE PERFORMANCE filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2024.