Equity
-€21,938
Debts exceed assets in financial year 2025.
LB EVOLUTION
Lifetime
1 annual account with figurespeak -€24,221 (2025)
-€24,221
lowest -€24,938 (2025)
-€24,938
peak -€21,938 (2025)
-€21,938
€33,456
Board2 names since 2024
2 directorsDOS SANTOS FERNANDES Luciano and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €24,938First year with figures
Key points
from the 2025 annual accountsDebts
€33,456 290% of the balance sheet
Suppliers 34%Taxes and wages 66%
At the same address
24 companies
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
53
Fair
Financially stronger than 21% of micro companies in sports and recreation (NACE 93)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 4,271 companies (NACE 93, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2025: 1.2%
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.2%● unchanged vs 06-2025
08-2025: 1.2%● unchanged vs 07-2025
09-2025: 1.3%▲ +0.1 percentage points vs 08-2025
10-2025: 1.5%▲ +0.2 percentage points vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.6%▲ +0.1 percentage points vs 02-2026
04-2026: 1.7%▲ +0.1 percentage points vs 03-2026highest value
05-2026: 1.7%● unchanged vs 04-2026highest value
06-2026: 1.7%● unchanged vs 05-2026highest value
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 1.7%● unchanged vs 07-2026
09-2026: 1.2%▼ -0.5 percentage points vs 08-2026
10-2026: 0.7%▼ -0.5 percentage points vs 09-2026lowest value
11-2026: 0.7%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€21,938
lowers risk
Sector: Sports, amusement and recreation activities (NACE 93)
Size: total assets €11,518
Liquidity: current ratio 0.34, cash €9,935
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 93, micro). It does better than 9% of them on solvency, 48% on liquidity and 7% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as LB EVOLUTION has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of LB EVOLUTION itself is lower: 0.7% within 12 months. It rests on far more data about LB EVOLUTION than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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% |
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 7,639 companies, not a prediction for LB 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.34, below 1. Short-term debt is 290.5% and cash 86.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- MARTINS Boris founderdeed of 19-04-2024
- DOS SANTOS FERNANDES Luciano founderdeed of 19-04-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1008482967
Registered office moved within Brussels
New registered office: Square de Meeûs 40 1000 Bruxelles · Previous registered office: AVENUE DE LA METROLGIE 10 BOITE 1 1130 BRUXELLES · General meeting of 15-07-2024 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founders: MARTINS Boris and DOS SANTOS FERNANDES Luciano · Appointments: MARTINS Boris (director) and DOS SANTOS FERNANDES Luciano (director) · published on 19-04-2024 · Gazette deed
First establishment
Menestrelenlaan 12, Anderlecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LB EVOLUTION Brussels | €11,518 | -€24,221 | -190.5% | - |
| DVA EVENTS Sint-Truiden | €13,369 | -€11,838 | -80.3% | - |
| Dynamic Events Zele | €10,022 | -€1,110 | -13.7% | - |
| G&T M EXPERIENCE Oupeye | €9,275 | €593 | 100.0% | - |
| CHAMALEX Beauvechain | €9,514 | -€11,489 | -218.5% | - |
| Celestial Creations Vilvoorde | €7,633 | €1,287 | 36.9% | - |
| YK EVENTS Lanaken | €13,637 | €1,836 | 15.7% | - |
These companies have the same main activity as LB EVOLUTION: other amusement and recreation activities (NACE 93299). They are comparable in size and age: total assets between €7,630 and €13,600, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 17-04-2024Normal situation
- Registered office
- 25 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Other amusement and recreation activitiesNACE 93299and 5 others
- Establishment unit
- 2.391.446.6111070 Anderlecht, since 17-04-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Insights on LB EVOLUTION
LB EVOLUTION has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€21,938) and a net result of -€24,938.
Its solvency ranks better than 7% of 2,882 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
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 LB EVOLUTION
- What is the company number of LB EVOLUTION?
- The company number of LB EVOLUTION is 1008.482.967. The VAT number is the same number with BE in front: BE 1008.482.967.
- Where is LB EVOLUTION based?
- The registered office is at de Meeûssquare 40, 1000 Brussels.Company details
- What does LB EVOLUTION do?
- According to the KBO register, the main activity is other amusement and recreation activities (NACE 93299).
- What is the legal form of LB EVOLUTION?
- LB EVOLUTION is a private limited company (BV).
- When was LB EVOLUTION founded?
- LB EVOLUTION was founded on 17-04-2024.
- Is LB EVOLUTION still active?
- Yes, LB EVOLUTION is an active enterprise in the KBO register.
- What is the turnover of LB EVOLUTION?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is LB EVOLUTION profitable?
- In financial year 2025, LB EVOLUTION made a loss of €24,938.
- Where can I find the annual accounts of LB EVOLUTION?
- LB EVOLUTION filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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