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GOLF EVOLUTION

Active Private limited companyfounded 2016active for 10 yearsRue du Petit Floreffe 1, 6280 GerpinnesKBO/BCE: BE 0659.685.023
GOLF EVOLUTION
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Overview

Lifetime

9 annual accounts with figures on one time axis
peak €46,848 (2017)
€11,587▲ 2.5%
lowest -€8,099 (2022)
€1,147▲ 30.9%
peak €25,678 (2023)
€24,561▲ 4.9%
€13,593▲ 25.1%
Board2 names since 2016
2 directors and 1 other
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Result from €876 to €1,147Debts from €10,869 to €13,593Cash from €6,667 to €10,811

Key points

from the 2025 annual accounts

Equity

€24,561 ▲ 4.9%

GOLF EVOLUTION has made a profit without a break since 2023.

Turnover

≈ €68,000 estimated

The micro format states no turnover.

Filings

9 annual accounts 1 late
deadline20202025

The 2023 accounts came 3 days late. The other eight were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,902 companies had the same profile as GOLF EVOLUTION has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
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 10,902 companies, not a prediction for GOLF EVOLUTION. 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

Manager
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0659685023
Registered office moved from Bioul to Acoz New registered office: rue du Petit Floreffe 1, 6280 Acoz · Previous registered office: Rue sur les Dos 21 à 5537 Bioul · Change of role: , from manager to director · General meeting of 28-03-2022 · Gazette deed
Registered office moved from Waterloo to Bioul New registered office: Rue sur les Dos 21 à 5537 Bioul · Previous registered office: Rue de l'Ontario 3 à 1410 Waterloo · General meeting of 30-09-2020 · Gazette deed
Incorporation Founders: and · Founding capital of €18,600, 100 shares · Appointment: (manager) · published on 19-07-2016 · Gazette deed
All 17 events

Comparable companies

same main activity, similar in size and age
Company
GOLF EVOLUTION Gerpinnes €38,154 €11,587 64.4% -
FALCO S&C Brecht €41,040 €11,484 93.3% -
Game On Antwerp €37,743 €9,250 55.0% -
EVENTS 2 SPORT Mortsel €36,458 €13,576 39.9% -
MANEGE LAMOTTE Wemmel €32,133 €10,747 -255.6% -
Dennis Damen Personal Trainer Hamont-Achel €48,723 €13,069 42.6% -
SOCCER VERVIERS Theux €25,581 €10,136 -46.5% -

These companies have the same main activity as GOLF EVOLUTION: operation of sports facilities (NACE 93110). They are comparable in size and age: total assets between €25,600 and €48,700, founded between 2014 and 2018.

Official details

Source: KBO
Status
Active since 14-07-2016Normal situation
Activity
Operation of sports facilitiesNACE 93110and 5 others
Establishment unit
2.255.293.5506280 Gerpinnes, since 14-07-2016
Financial year end
30 September
Peppol
Reachable since 25-04-2025
Company details

Annual accounts to 30-09-2025

€11,587▲ 2.5%
€1,147▲ 30.9%
€24,561▲ 4.9%
€38,154▲ 11.3%
Filing
Filed on 30-04-2026, on the last day of the filing period
Financials

Insights on GOLF EVOLUTION

GOLF EVOLUTION files the micro format. That format states no turnover. The gross margin fell from €46,848 in 2017 to €11,587 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-04-2026, on the day of the deadline
€11,587
▲ 2.5%
€3,505
▲ 11.8%
€1,147
▲ 30.9%
€22,069
▲ 58.8%
64.4%
▼ 3.9 percentage points
2.62
▲ 0.35

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 ≈ €68,000. Estimated: probably between €30,000 and €160,000.

Balance sheet

balance sheet total €38,154 on 30-09-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

64.4%

Higher than 78% of 3,155 companies in 2025.

2.62

Higher than 78% of 3,032 companies in 2025.

3.0%

Higher than 51% of 3,060 companies in 2025.

GOLF EVOLUTION Middle half of the sector 80% of the sector Micro accounts in sports and recreation (NACE 93)

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

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017
Balance sheet: assets
20/58 38,15434,28341,88726,02251,81949,39446,02757,80042,995
21/28 2,4929,51915,3176,92410,59718,44225,45032,9915,263
22/27 2,4929,51915,3176,92410,59718,44225,45032,9915,263
23 6381,0301,4221,815-----
24 1,8548,48913,8955,11010,59718,44225,45032,9915,263
29/58 35,66224,76426,57019,09841,22230,95120,57724,80937,733
3 1,7391,2383061,006-----
30/36 1,7391,2383061,006-----
40/41 22,95315,68610,6816,91516,9776,0933,9459,4385,191
40 22,25314,5909,0396,91516,7716,0933,9459,1835,191
41 7001,0961,643-207--255-
54/58 10,8116,66714,2299,85522,40722,53514,03812,56031,891
490/1 1601,1741,3551,3221,8382,3232,5942,812651
Balance sheet: equity and liabilities
10/49 38,15434,28341,88726,02251,81949,39446,02757,80042,995
10/15 24,56123,41425,67814,63922,73814,37114,41420,95624,332
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,60018,600
13 1,8601,8605,0005,0005,0005,0005,0005,0005,000
130/1 1,8601,8601,8601,8601,8601,860---
130 ------1,8601,8601,860
1311 1,8601,8601,8601,8601,8601,860---
133 --3,1403,1403,1403,1403,1403,1403,140
14 4,1012,9542,078-8,961-862-9,229-9,186-2,644732
17/49 13,59310,86916,21011,38329,08035,02331,61336,84418,663
17 ----2,7589,37815,99822,618-
170/4 ----2,7589,37815,99822,618-
42/48 13,59310,86916,21011,38325,72525,38415,61414,22618,663
42 ---2,7586,6206,6206,6206,620-
44 3,7423,3957,5826,4475,4816,9934,5834,2646,555
440/4 3,7423,3957,5826,4475,4816,9934,5834,2646,555
45 9,8517,4748,6272,0054,7594,1932,7802,33111,369
450/3 7,4517,4748,6272,0054,7594,1932,7802,33111,369
454/9 2,400--------
47/48 ---1728,8657,5771,6311,011738
492/3 ----598261---
Income statement
9900 11,58711,29922,2001,28419,2309,0712,5623,70646,848
62 --------34,000
630 7,0277,1365,4488,1077,8467,6187,5414,7132,631
640/8 1,0541,0281,5316321,0467827741,6361,319
9901 3,5053,13415,221-7,45510,339670-5,754-2,6448,898
75/76B 146123-----49158
75 146123-----49158
65/66B 40522344131055046653142350
65 40522344131055046653142350
9903 3,2473,03514,781-7,7659,789204-6,284-3,0179,007
67/77 2,1002,1593,7423351,4222482573603,274
9904 1,14787611,038-8,0998,367-43-6,541-3,3775,732
9905 1,14787611,038-8,0998,367-43-6,541-3,3775,732
Appropriation of the result
9906 4,1012,9542,078-8,961-862-9,229-9,186-2,6445,732
14P 2,9542,078-8,961-862-9,229----
791/2 -3,140-------
691/2 --------5,000
6920 --------1,860
6921 --------3,140
694/7 -3,140-------
694 -3,140-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 30-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 30-04-2026 2026-00096928 PDF
30-09-2024 micro format 28-04-2025 2025-00077313 PDF
30-09-2023 micro format 03-05-2024 2024-00080768 PDF
30-09-2022 micro format 28-04-2023 2023-00070159 PDF
30-09-2021 micro format 29-04-2022 2022-20017640 PDF
30-09-2020 micro format 30-04-2021 2021-12900183 PDF
30-09-2019 micro format 21-04-2020 2020-10200165 PDF
30-09-2018 micro format 18-04-2019 2019-10200565 PDF
30-09-2017 micro format 21-03-2018 2018-07600451 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017
10,53210,27120,66965218,1858,2891,7872,06911,529
8,1748,01316,486816,2137,5751,0001,3368,364
01,33816,6694,4350611037,7047,894
4,144-7,5624,374-12,553-1288,4971,479-19,332-
22,06913,89510,3617,71515,4985,5684,96310,58319,070
64.4%68.3%61.3%56.3%43.9%29.1%31.3%36.3%56.6%
2.622.281.641.681.601.221.321.742.02
2.502.161.621.591.601.221.321.742.02
0.550.460.630.781.282.442.191.760.77
4.7%3.7%43.0%-55.3%36.8%-0.3%-45.4%-16.1%23.6%
3.0%2.6%26.4%-31.1%16.1%-0.1%-14.2%-5.8%13.3%
26.0346.1546.882.1133.09----

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
Item30-09-202530-09-202430-09-202330-09-202230-09-2021
Tangible fixed assets-€1,338€16,669€4,435-
€7,027€7,136€5,448€8,107€7,846

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

Insights on GOLF EVOLUTION

The operating result for 2025 is 12% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 31.7% to 35.6%. Equity and debt are higher.

Board & ownership

Board

2 directors, no change since 2022
Manager (not named in the articles)
appointed by deed of 19-07-2016
listed in the 2025 annual accounts, filed on 30-04-2026
Director (not named in the articles)
appointed by deed of 31-03-2022 term without a fixed end
earlier manager, until 31-03-2022
listed in the 2025 annual accounts, filed on 30-04-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Manager (not named in the articles)

Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
    • Manager (not named in the articles), appointed by deed of 19-07-2016, still in office
    • Director (not named in the articles), since before 30-09-2021
    • Manager, until 31-03-2022

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

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
2025 annual accounts

Articles of association

deed of 31-03-2022 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant,moitié acquéreurs proportionnellement si plusieurs, toutes cessions entre vifs à titre onéreux ou gratuit,volontaires ou…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of March at 20:00

Network & group

No group

GOLF EVOLUTION has no parent and no holdings in its annual accounts. GOLF EVOLUTION shares no director with another company.

Timeline

Timeline

17 events since 2016

Deadline for the 2026 accounts: 30-04-2027

2026
Annual accounts 2025 filed PDFmicro format · on the deadline day
2025
Annual accounts 2024 filed PDFmicro format · 2 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0659685023
2024
Annual accounts 2023 filed PDFmicro format · 3 days late
2023
Back to profit net €11,038 The net result is €11,038, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 2 days before the deadline
2022
Weakest financial year net -€8,099 The net result drops to -€8,099, the lowest from 2017 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 1 day before the deadline
Registered office moved from Bioul to AcozNew registered office: rue du Petit Floreffe 1, 6280 Acoz · Previous registered office: Rue sur les Dos 21 à 5537 Bioul · Change of role: , from manager to director · General meeting of 28-03-20229 points ▸
  • General meeting, 28-03-2022
  • Registered-office move, rue du Petit Floreffe 1, 6280 Acoz
  • Purpose change, “L’enseignement de la pratique du golf; L’exploitation directe ou indirecte d’un parcours de golf; L'achat, la vente, l'import-export de tous articles de sport…” (deed in French)
  • 100 shares
  • Director resignation, (manager)
  • Director appointment, (director (not named in the articles))
  • Director discharge,
  • Registered office clause, rue du Petit Floreffe 1, 6280 Acoz
  • Power of attorney,
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2021
Back to profit net €8,367 The net result is €8,367, after 3 loss-making years.
Annual accounts 2020 filed PDFmicro format · on the deadline day
2020
Registered office moved from Waterloo to BioulNew registered office: Rue sur les Dos 21 à 5537 Bioul · Previous registered office: Rue de l'Ontario 3 à 1410 Waterloo · General meeting of 30-09-20202 points ▸
  • General meeting, 30-09-2020
  • Registered-office move, Rue sur les Dos 21 à 5537 Bioul

Open the deed in the Belgian Official Gazette

Annual accounts 2019 filed PDFmicro format · 9 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 12 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 40 days before the deadline
2016
IncorporationFounders: and · Founding capital of €18,600, 100 shares · Appointment: (manager) · published on 19-07-20165 points ▸
  • Founder,
  • Founder,
  • Founding capital, €18,600, 100 shares
  • Capital, €18,600, 100 shares
  • Director appointment, (manager (not named in the articles))
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

First establishment Rue du Petit Floreffe 1, Gerpinnes

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

On 14 July 2016, GOLF EVOLUTION was incorporated.1 The registered office moved to Bioul in 2020 and to Acoz in 2022.23 Today the board has 2 members.4 Total assets went from €46,027 in 2019 to €38,154 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 30-12-2020
  3. 3Belgian Official Gazette, 31-03-2022
  4. 4National Bank, annual accounts 2025
  5. 5National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0659.685.023
VAT number
BE 0659.685.023
Peppol ID
0208:0659685023
Other Peppol ID
9925:BE0659685023
Legal form
Private limited company
Status
Active, normal situation
Founded
14-07-2016
Financial year
ends on 30 September
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of March at 20:00
deed of 31-03-2022 (in French)
Peppol
Reachable since 25-04-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
GOLF EVOLUTION in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 31-03-2022 (in French)

Activities

NACEBEL 2025
93110 Operation of sports facilities main activity
47120 Other non-specialised retail sale
68110 Buying and selling of own real estate
68322 Real estate appraisal on a fee or contract basis
85510 Sports and recreation education
93199 Other sports activities
Codes under NACEBEL 2008
93110 Operation of sports facilities main activity
47910 Retail trade
68100 Real estate activities
68312 Real estate activities
85510 Sports and recreation education
93199 Other sports activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’enseignement de la pratique du golf; L’exploitation directe ou indirecte d’un parcours de golf; L'achat, la vente, l'import-export de tous…”
12 activities
  1. L’enseignement de la pratique du golf
  2. L’exploitation directe ou indirecte d’un parcours de golf
  3. L'achat, la vente, l'import-export de tous articles de sport
  4. L'organisation d'événements ou rencontres sportifs
  5. Toute activité dite de petite restauration
  6. La prise de participation directe ou indirecte dans toute société ou entreprise commerciale, industrielle, financière, mobilière ou immobilière
  7. Le contrôle de leur gestion administrative, commerciale, salariale et financière ou la participation à celle-ci par la prise de tous mandats au sein desdites sociétés ou entreprises
  8. L’achat, l’administration, la vente de toutes valeurs mobilières et immobilières, de tous droits sociaux
  9. D’une manière plus générale, toutes opérations de gestion du portefeuille ainsi constitué
  10. Toutes prestations en matière de conseils, management et autres services administratifs, ces services pouvant être fournis sur base contractuelle ou statutaire et en qualité de prestataire externe
  11. Toutes prestations d’agent de voyages
  12. Toutes opérations se rapportant à la gestion, l’achat, vente, l’échange, la transformation, la location, la construction, la mise en valeur, la promotion de tous biens et droits immobiliers généralement quelconques, pour son compte ou pour compte de tiers, ainsi que toutes gérances d’immeubles pour son compte ou pour le compte de tiers
deed of 31-03-2022 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue du Petit Floreffe 1 registered office 6280 Gerpinnes 14-07-2016 2.255.293.550
1 former office
  • Rue de l'Ontario 3, 1410 Waterloo until 01-10-2020 · deed of 30-12-2020

Buildings and parcels at the address

Ground area
613 m²
Buildings
134 m²
Volume, LiDAR
1,355 m³
Tallest building
11.7 m
Buildings to scale, each on its own parcel
134 m², 11.7 m 134 m², 11.7 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
52001A0072/00D004613 m² 1 · 134 m² 11.7 m · 3

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