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HET EVELKEN

Active
Private limited companyfounded 1990active for 36 yearsEvelgoor 2, 2440 Geel, BelgiumKBO/BCE: BE 0440.969.027
Summary

HET EVELKEN has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,633 and a net result of €677. Equity remains stable across the filed financial years (±0.2% per year). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

Turnover
≈ €54,000
Estimated: probably between €25,000 and €130,000
Total assets
€40,884▼ 9.7%
2024 · €45,264
Net result
€677
2024 · -€4,974
Working capital
-€38,126▲ 10.6%
2024 · -€42,636
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €695 after a loss of €4,972 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€695 2025 Net result€677 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€1,941-€5,147▲ 165%€424▼ 91.8%€1,310▲ 209%-€538€17-€4,972€695
Net result€1,925-€5,130▲ 167%€403▼ 92.1%€1,294▲ 221%-€562€12-€4,974€677
Equity€60,402-€65,532▲ 8.5%€65,935▲ 0.6%€67,229▲ 2.0%€66,667▼ 0.8%€66,680=€956▼ 98.6%€1,633▲ 70.8%
Total assets€60,402-€65,532▲ 8.5%€67,699▲ 3.3%€67,229▼ 0.7%€72,697▲ 8.1%€66,680▼ 8.3%€45,264▼ 32.1%€40,884▼ 9.7%
Debt€1,764€6,030€44,308€39,251▼ 11.4%
Working capital€11,554€12,093-€42,636-€38,126▲ 10.6%
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40,884
Fixed assets €39,759 ▼ 8.8%
Current assets €1,125 ▼ 32.7%
Equity and liabilities €40,884
Equity €1,633 ▲ 70.8%
Debt €39,251 ▼ 11.4%
Debt's share of the balance-sheet total falls from 97.9% to 96.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,527▲
2024 · €520
Cash flow
€4,509▲
2024 · €518
Current ratio
0.03▼
2024 · 0.04
Debt to equity
24.04
ROE
41.5%
ROA
1.7%▲
2024 · -11.0%
Interest coverage
over 100▲
2024 · 18.24
Debt ≤ 1 year
€39,251▼
2024 · €44,308
Income taxes
-€6▼
2024 · -€6
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,083 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96.9% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a profit under 5% of the balance sheet
0.8% went bankrupt
2.2% stopped otherwise
96.9% still going

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,083 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€45,264€40,884▼
Fixed assets21/28€43,591€39,759▼
Tangible fixed assets22/27€43,591€39,759▼
Land and buildings22€40,872€37,435▼
Plant, machinery and equipment23€2,720€2,324▼
Current assets29/58€1,672€1,125▼
Cash at bank and in hand54/58€1,672€1,125▼
Equity and liabilities
Total equity and liabilities10/49€45,264€40,884▼
Equity10/15€956€1,633▲
Contributions10/11€1,250€1,250=
Profit (loss) carried forward14-€294€383▲
Amounts payable17/49€44,308€39,251▼
Amounts payable within one year42/48€44,308€39,251▼
Other amounts payable47/48€44,308€39,251▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,491€3,832▼
Other operating charges640/8€2,457€2,528▲
Gross operating margin9900€2,977€7,055▲
Operating profit (loss)9901-€4,972€695▲
Financial income75/76B€20€6▼
Recurring financial income75€20€6▼
Financial charges65/66B€29€30▲
Recurring financial charges65€29€30▲
Profit (loss) for the period before taxes9903-€4,980€671▲
Income taxes67/77-€6-€6▼
Profit (loss) for the period9904-€4,974€677▲
Profit (loss) for the period to be appropriated9905-€4,974€677▲
Appropriation of the result
Profit (loss) to be appropriated9906-€294€383▲
Profit (loss) brought forward from the previous period14P€4,680-€294▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,614€1,614€4,209€5,346€5,491€5,491€5,491€3,832▼ 30.2%
Other operating charges640/8---€2,093€2,290€2,714€2,457€2,528▲ 2.9%
Gross operating margin9900€5,479€8,718€6,813€8,749€7,243€8,222€2,977€7,055▲ 137%
Operating profit (loss)9901€1,941€5,147€424€1,310-€538€17-€4,972€695-
Financial income75/76B---€7-€20€20€6▼ 69.6%
Recurring financial income75---€7-€20€20€6▼ 69.6%
Financial charges65/66B---€23€24€24€29€30▲ 5.3%
Recurring financial charges65€16€17€21€23€24€24€29€30▲ 5.3%
Profit (loss) for the period before taxes9903€1,925€5,130€403€1,294-€562€12-€4,980€671-
Income taxes67/77-------€6-€6▼ 4.6%
Profit (loss) for the period9904€1,925€5,130€403€1,294-€562€12-€4,974€677-
Profit (loss) for the period to be appropriated9905€1,925€5,130€403€1,294-€562€12-€4,974€677-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€60,402€65,532€67,699€67,229€72,697€66,680€45,264€40,884▼ 9.7%
Fixed assets21/28€42,552€40,938€54,381€57,161€54,574€49,083€43,591€39,759▼ 8.8%
Tangible fixed assets22/27€42,552€40,938€54,381€57,161€54,574€49,083€43,591€39,759▼ 8.8%
Land and buildings22---€51,181€47,744€44,308€40,872€37,435▼ 8.4%
Plant, machinery and equipment23---€5,980€6,830€4,775€2,720€2,324▼ 14.6%
Current assets29/58€17,850€24,594€13,318€10,068€18,123€17,597€1,672€1,125▼ 32.7%
Amounts receivable within one year40/41€810€6,246€6,246€6,246€6,246€11,526---
Other amounts receivable41---€6,246€6,246€11,526---
Cash at bank and in hand54/58€17,040€18,349€7,072€3,823€11,878€6,071€1,672€1,125▼ 32.7%
Equity and liabilities
Total equity and liabilities10/49€60,402€65,532€67,699€67,229€72,697€66,680€45,264€40,884▼ 9.7%
Equity10/15€60,402€65,532€65,935€67,229€66,667€66,680€956€1,633▲ 70.8%
Contributions10/11€62,000€62,000€62,000€62,000€62,000€62,000€1,250€1,250=
Capital10---€62,000€62,000€62,000---
Issued capital100---€62,000€62,000€62,000---
Profit (loss) carried forward14-€1,598€3,532€3,935€5,229€4,667€4,680-€294€383-
Amounts payable17/49--€1,764-€6,030-€44,308€39,251▼ 11.4%
Amounts payable within one year42/48--€1,764-€6,030-€44,308€39,251▼ 11.4%
Trade debts44--€1,764-€6,030----
Suppliers440/4----€6,030----
Other amounts payable47/48------€44,308€39,251▼ 11.4%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€1,925€5,130€403€1,294-€562€12-€4,974€677-
+ Depreciation and write-downs630€1,614€1,614€4,209€5,346€5,491€5,491€5,491€3,832▼ 30.2%
Operating cash flow (approximation)€3,539€6,745€4,612€6,640€4,929€5,504€518€4,509▲ 771%
Investment in fixed assets (approximation)-€0-€17,652-€8,126-€2,904€0€0€0-
Change in cash-€1,309-€11,276-€3,249€8,055-€5,806-€4,399-€548▲ 87.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 35 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 25-07-2026 2026-00331454
31-12-2024 micro format 14-07-2025 2025-00265355
31-12-2023 micro format 31-05-2024 2024-00103268
31-12-2022 micro format 22-07-2023 2023-00260066
31-12-2021 micro format 12-08-2022 2022-20285255
31-12-2020 micro format 29-07-2021 2021-41600145
31-12-2019 micro format 31-08-2020 2020-46800080
31-12-2018 micro format 31-07-2019 2019-40600411
31-12-2017 micro format 31-07-2018 2018-40100138
31-12-2016 micro format 28-07-2017 2017-36700395

Show all 35 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.