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HREvolution

Active Private limited companyfounded 2011active for 14 yearsSolheide 16, 3090 OverijseKBO/BCE: BE 0841.258.729

Lifetime

14 annual accounts with figures on one time axis
peak €62,774 (2012)
€21,246▲ €43,828
lowest -€38,030 (2024)
€5,721▲ €43,751
peak €77,854 (2013)
-€25,961▲ €5,721
€54,714▼ 29.9%
Board1 name since 2011
1 director
Documentsfilings and deeds
19-05-202673 days before the deadline
2025micro format
Gross margin from -€22,582 to €21,246Back to profit: €5,721Equity from -€31,682 to -€25,961Debts from €78,069 to €54,714

Key points

from the 2025 annual accounts

Equity

-€25,961
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€54,714 190% of the balance sheet
Suppliers 2%Taxes and wages 8%Other 90%

Of this, €53,714 falls due within a year.

Position in the sector

-90.3%

Lower solvency than 93% of companies in advertising and market research. Sector median 53.2% · 9,119 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,631 companies had the same profile as HREvolution has now. Each dot stands for 10 companies, two years later.

91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.4% 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 3,631 companies, not a prediction for HREvolution. 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

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Signals

Board and ownership

Director, since 23-11-2011
Board & ownership

Recent changes

Change of role: , from manager to director General meeting of 11-01-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0841258729
Registered office moved within Overijse New registered office: Solheide 16, 3090 Overijse · Previous registered office: Beierslaan 15, 3090 Overijse · Board meeting of 13-05-2020 · Gazette deed
First establishment Solheide 16, Overijse
All 22 events

Comparable companies

same main activity, similar in size and age
Company
HREvolution Overijse €28,753 €21,246 -90.3% -
Phoenix Overijse €28,994 €21,107 -43.6% -
NUANCE CONSULT Butgenbach €31,382 €20,300 78.8% -
JDE at Work Genappe €36,575 €21,160 -38.4% -
C3K Ypres €35,137 €25,074 -193.9% -
GEPHYR Awans €31,330 €24,893 82.0% -
A.L.S. Management Molenbeek-Saint-Jean €23,432 €25,096 35.3% -

These companies have the same main activity as HREvolution: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €23,400 and €36,600, founded between 2009 and 2013.

Official details

Source: KBO
Status
Active since 23-11-2011Normal situation
Activity
Public relations and communication consultancyNACE 73300and 1 other
Establishment unit
2.205.453.6633090 Overijse, since 03-01-2012
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

≈ €130,000estimated
€28,753▼ 38.0%
Filing
Filed on 19-05-2026, 73 days before the end of the filing period
Financials

Insights on HREvolution

HREvolution files the micro format. That format states no turnover. The gross margin fell from €62,774 in 2012 to €21,246 in 2025.

The balance sheet grew most in 2021 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about HREvolution

What is the company number of HREvolution?
The company number of HREvolution is 0841.258.729. The VAT number is the same number with BE in front: BE 0841.258.729.
Where is HREvolution based?
The registered office is at Solheide 16, 3090 Overijse.Company details
What does HREvolution do?
According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
What is the legal form of HREvolution?
HREvolution is a private limited company (BV).
When was HREvolution founded?
HREvolution was founded on 23-11-2011.
Is HREvolution still active?
Yes, HREvolution is an active enterprise in the KBO register.
What is the turnover of HREvolution?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €21,246 and 41 comparable companies (NACE 73300). It probably lies between €56,000 and €220,000. It is a rough estimate.Financials
Is HREvolution profitable?
In financial year 2025, HREvolution made a profit of €5,721.
Where can I find the annual accounts of HREvolution?
HREvolution filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HREvolution due?
HREvolution must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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