Evolvement Belgium
ActiveThe file of Evolvement Belgium contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 0.5% (very low). The 2025 annual accounts show equity of €274k and a net result of €7k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 7993 sector peers (fiscal year 2025).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-35
Solvency100=
Growth52=
Track record85
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days only on tighter terms
Liquidity ample (current ratio 7.07 against 5.92 in 2024; short-term debt: 14.1% of total assets), and 14.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.9%
Return on assets
2.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
2 d early
2023
15 d early
2022
57 d late
2021
26 d early
2020
226 d late
2019
73 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€274k▲ 2.6%
2024 · €267k
2018: €145k
2019: €179k
2020: €172k
2021: €197k
2022: €218k
2023: €248k
2024: €267k
2018 → 2025
Total assets
€319k▼ 0.5%
2024 · €321k
2018: €154k
2019: €203k
2020: €217k
2021: €236k
2022: €268k
2023: €285k
2024: €321k
2018 → 2025
Net result
€7k▼ 64.4%
2024 · €19k
2018: €39k
2019: €34k
2020: €-8k
2021: €25k
2022: €22k
2023: €29k
2024: €19k
2018 → 2025
Working capital
€273k▲ 4.1%
2024 · €263k
2018: €140k
2019: €173k
2020: €166k
2021: €192k
2022: €205k
2023: €238k
2024: €263k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€197k-€218k▲ 11.1%€248k▲ 13.5%€267k▲ 7.8%€274k▲ 2.6%
Operating result€27k-€22k▼ 16.9%€39k▲ 76.8%€23k▼ 40.7%€1k▼ 94.7%
Net result€25k-€22k▼ 13.3%€29k▲ 35.2%€19k▼ 34.5%€7k▼ 64.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 95% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €319k
Fixed assets
€844▼ 81.8%
Current assets
€318k▲ 0.7%
Equity and liabilities €319k
Equity
€274k▲ 2.6%
Debt
€45k▼ 15.6%
The debt ratio falls from 16.6% to 14.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4k▼
2024 · €28k
Cash flow
€9k▼
2024 · €24k
Solvency
85.9%▲
2024 · 83.4%
Current ratio
7.07▲
2024 · 5.92
Quick ratio
7.07▲
2024 · 5.92
Debt / equity
0.16▼
2024 · 0.20
ROE
2.5%▼
2024 · 7.2%
ROA
2.2%▼
2024 · 6.0%
Interest coverage
2.29▼
2024 · 10.40
Debt
€45k▼
2024 · €53k
Debt ≤ 1 year
€45k▼
2024 · €53k
Income taxes
€5k▼
2024 · €12k
Staff costs
€15k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€321k€319k▼
Fixed assets21/28€5k€844▼
Tangible fixed assets22/27€3k€344▼
Land and buildings22€184-
Furniture and vehicles24€3k€344▼
Financial fixed assets28€2k€500▼
Current assets29/58€316k€318k▲
Amounts receivable after more than one year29€240k€232k▼
Other amounts receivable291€240k€232k▼
Amounts receivable within one year40/41€76k€86k▲
Trade receivables40€29k€20k▼
Other amounts receivable41€47k€66k▲
Deferred charges and accrued income490/1-€54
Equity and liabilities
Total equity and liabilities10/49€321k€319k▼
Equity10/15€267k€274k▲
Contributions10/11€19k€19k=
Reserves13€248k€255k▲
Distributable reserves133€248k€255k▲
Amounts payable17/49€53k€45k▼
Amounts payable within one year42/48€53k€45k▼
Financial debts43€5k€2k▼
Credit institutions430/8€5k€2k▼
Trade debts44€21k€22k▲
Suppliers440/4€21k€22k▲
Taxes, remuneration and social security45€28k€21k▼
Taxes450/3€28k€16k▼
Remuneration and social security454/9-€4k
Income statement
Code20242025
Remuneration, social security and pensions62-€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€76€184▲
Gross operating margin9900€28k€19k▼
Operating profit (loss)9901€23k€1k▼
Financial income75/76B€10k€12k▲
Recurring financial income75€10k€12k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€31k€12k▼
Income taxes67/77€12k€5k▼
Profit (loss) for the period9904€19k€7k▼
Profit (loss) for the period to be appropriated9905€19k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€7k▼
Transfer to equity691/2€19k€7k▼
To other reserves6921€19k€7k▼
Social balance
Average headcount (FTE)9087-0.5
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-09
State Gazette act
General meeting · Registered-office moveGeneral meeting · Registered-office move2 facts ▸
State Gazette act
General meeting · Registered-office move
General meeting · Registered-office move2 facts ▸
- General meeting, 2026-07-30
- Registered-office move, Melderstraat 3 bus 4.01, 3500 Hasselt
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 57 days late
2022
31-12
Financial
Equity above €200kEq €218k ▲11.1%
2 profitable years in a row build equity to €218k.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-05
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · CUISINE LUTEA BV DIAMANTSTRAAT 8 BUS 273, 2200 HERENTALS · event 24-05-2022
19-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · CUISINE LUTEA BV DIAMANT- STRAAT 8 BUS 273, 2200 HERENTALS · event 12-04-2022
14-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 226 days late
2021
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
2020
31-12
Financial
Weakest financial yearnet €-8k ▼122%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €150kEq €179k ▲23.8%
2 profitable years in a row build equity to €179k.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Meldertstraat 33500 HasseltGround area
731 m²
Building footprint
545 m²
Volume, LiDAR
7,227 m³
Parcel 71022H0492/00Z000, Flanders · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Evolvement Belgium
since 20082.172.078.735
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H0492/00Z000 | Flanders | 731 m² | 2 · 545 m² | 16.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SOFIE PAPEN LIERSEWEG 116, 2200 HERENTALS- |
12-04-2022 → present |
Similar companies · same sector, comparable size
MOKA D'OR
BE 0425.084.682
Libramont-Chevigny · Eq €272k
M.T. INTERNATIONAL & ASSOCIES
BE 0418.221.141
Chastre · Eq €277k
Mertim International
BE 0743.491.637
Antwerpen · Eq €278k
AUX 4 SAISONS
BE 0460.276.579
Silly · Eq €269k
Chef’s Atelier
BE 0794.971.121
Brasschaat · Eq €280k
Of 699 companies in sector 46392 we hold annual accounts for 486. 348 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2008
Fiscal year end31-12
Activities, NACEBEL
46392Non-specialised wholesale
70200Business and other management consultancy
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.