Equity
-€21,938
Debts exceed assets in financial year 2025.
LB EVOLUTION
Overview
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.
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
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.
Financials
Annual accounts 2025
micro format, filed on 31-08-2026, 31 days late-€24,221
-€24,625
-€24,938
-€21,938
-190.5%
0.34
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €11,518 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
-190.5%
Higher than 7% of 2,882 companies in 2025.
0.34
Higher than 21% of 2,767 companies in 2025.
-216.5%
Lower than 95% of 2,791 companies in 2025.
LB EVOLUTION
Middle half of the sector
80% of the sector
Micro accounts in sports and recreation (NACE 93)
Net result: bottom quarter · Equity: bottom quarter · 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 | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
11,518 | |
29/58 |
11,518 | |
40/41 |
1,583 | |
41 |
1,583 | |
54/58 |
9,935 | |
| Balance sheet: equity and liabilities | ||
10/49 |
11,518 | |
10/15 |
-21,938 | |
10/11 |
3,000 | |
14 |
-24,938 | |
17/49 |
33,456 | |
42/48 |
33,456 | |
44 |
11,489 | |
440/4 |
11,489 | |
45 |
21,967 | |
450/3 |
13,449 | |
454/9 |
8,518 | |
| Income statement | ||
9900 |
-24,221 | |
640/8 |
405 | |
9901 |
-24,625 | |
65/66B |
312 | |
65 |
312 | |
9903 |
-24,938 | |
9904 |
-24,938 | |
9905 |
-24,938 | |
| Appropriation of the result | ||
9906 |
-24,938 | |
| Document | ||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00468410.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00468410 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -21,938 | ||
| -190.5% | ||
| 0.34 | ||
| -216.5% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
Insights on LB EVOLUTION
Equity is negative. Debt (€33,456) exceeds the balance-sheet total (€11,518).
Board & ownership
Board
2 directors, since incorporationDirector (not named in the articles)
since 17-04-2024
term without a fixed end
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 31-08-2026
Director (not named in the articles)
since 17-04-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
Mandates through the years
2 names, the dashed line is todayDOS SANTOS FERNANDES Luciano
Director (not named in the articles)
Director (not named in the articles)
MARTINS Boris
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DOS SANTOS FERNANDES Luciano
- Director (not named in the articles), from 17-04-2024 to date
- MARTINS Boris
- Director (not named in the articles), from 17-04-2024 to date
Control
Founders
This company
LB EVOLUTION
Equity -€21,938
Loss €24,938 in 2025
Capital
- Contribution
- €3,000
- Shares
- 100
- Contribution per share
- €30
- Equity per share
- -€219 in 2025
- Source
- deed of 19-04-2024
Articles of association
deed of 19-04-2024 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Founders
At incorporation
deed of 19-04-2024 ↗
- MARTINS Boris founder
- DOS SANTOS FERNANDES Luciano founder
Network & group
No group
LB EVOLUTION has no parent and no holdings in its annual accounts.
At the same address
de Meeûssquare 40, 1000 Brussels · 24 other companies| STBL HOLDING
registered office since 29-09-2015 · founded in 2015 · negative equity (2025) |
total assets €2.2m (2025) 0638.951.470 |
| Café Sirène
registered office since 25-01-2019 · founded in 2019 |
17 FTE (2025) 0719.429.796 |
| C&V DEFENCE
establishment since 18-05-2020 · founded in 2020 |
8 FTE (2025) 0746.989.971 |
| société d'avocat Valérie Landes
registered office since 04-07-2006 · founded in 2006 |
total assets €845,088 (2025) 0882.292.697 |
| GOLLMANN ZWICK
registered office since 19-12-2014 · founded in 2014 |
total assets €640,094 (2025) 0507.588.825 |
| L OCallaghan Legal
registered office since 21-10-2024 · founded in 2024 |
total assets €237,791 (2025) 1015.322.061 |
| Swappable Batteries Motorcycle Consortium
registered office since 04-02-2022 · founded in 2022 |
total assets €191,693 (2025) 0781.620.060 |
| Nathalie d'Anvers
registered office since 27-06-2012 · founded in 2012 · negative equity (2025) |
total assets €101,855 (2025) 0847.609.754 |
| CEBIz
registered office since 28-11-2017 · founded in 2017 |
total assets €39,290 (2025) 0685.437.929 |
| CASA AZUL
registered office since 16-04-2026 |
founded in 2026 1036.982.359 |
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
LBI Project
via DOS SANTOS FERNANDES Luciano · Director · deed of 07-04-2022
Founded in 2022 · total assets €21,323 (2025) · negative equity
→
Timeline
Timeline
5 events since 2024Filings
Establishments
Address
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 31 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1008482967
2024
Registered office moved within BrusselsNew registered office: Square de Meeûs 40 1000 Bruxelles · Previous registered office: AVENUE DE LA METROLGIE 10 BOITE 1 1130 BRUXELLES · General meeting of 15-07-20242 points ▸
- General meeting, 15-07-2024
- Registered-office move, Square de Meeûs 40 1000 Bruxelles
IncorporationFounding 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 19-04-20247 points ▸
- Registered office clause, avenue de la Métrologie, numéro 10 boîte 1, 1130 Bruxelles
- Board rule, 2
- Director appointment, MARTINS Boris (director (not named in the articles))
- Director appointment, DOS SANTOS FERNANDES Luciano (director (not named in the articles))
- Founder, MARTINS Boris
- Founder, DOS SANTOS FERNANDES Luciano
- Founding capital, €3,000, 100 shares
- The deed holds 3 more points.
First establishment Menestrelenlaan 12, Anderlecht
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 1008.482.967
- VAT number
- BE 1008.482.967
- Peppol ID
- 0208:1008482967
- Other Peppol ID
- 9925:BE1008482967
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 17-04-2024
- Financial year
- ends on 31 December
- Peppol
- Reachable since 22-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- LB EVOLUTION in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 19-04-2024 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 19-04-2024 (in French)
Activities
NACEBEL 202593299
Other amusement and recreation activities main activity
56210
Event catering
56302
Nightclubs
Codes under NACEBEL 2008
93299
Other amusement and recreation activities main activity
56210
Catering
56302
Nightclubs
70220
Business consulting
82110
Office administrative, office support and other business support activities
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Activité d’agence événementielle : prestations de service spécialisées dans la conception et l’organisation de divers événements tels que…”deed of 19-04-2024 (in French)
6 activities
- Activité d’agence événementielle : prestations de service spécialisées dans la conception et l’organisation de divers événements tels que des soirées privées en discothèque,dancing,des événements festifs,des manifestations sportives et culturelles,des événements professionnels,des activités dans le domaine du tourisme ou encore du spectacle vivant.
- Planification et réalisation d’événements à la fois privés et pour des entreprises tels que mariages,réceptions d’entreprise,concerts,festivals de musique,soirée privée,dancings,discothèques.
- Création graphique,conseils de construction de stand,coordination,… et tous les articles et activités connexes pour l'organisation,planification et exécution des événements.
- Toutes les activités directement ou indirectement liées avec la restauration et le secteur de la restauration,l’organisation de banquets,de concerts,festivals et de réceptions.
- Restauration,y compris l'organisation,la gestion et l'exploitation de restaurants,bars,cafétérias,débits de boissons,ainsi que toutes opérations de tourisme,hôtellerie,détente et loisirs dont les achats en gros et au détail,importation et exportation de tous produits liés directement ou indirectement à ces activités.
- La société a pour objet,tant en Belgique qu’à l’étranger,pour compte propre,pour compte d’autrui ou en participation,toute contribution à l’établissement et au développement d’entreprises et ne particulier de dispenser des avis financiers,techniques,commerciaux ou administratifs dans le sens le plus large du terme,à l’exception des conseils de placement d’argent et autres,fournir des conseils,son assistance et exécuter des services directement ou indirectement sur le plan de l’administration et des finances,de la vente,de la production,des techniques d’organisation et de distributions commerciales,et plus généralement de la gestion en général et de l’exercice de toutes activités de services et de management au sens le plus large de ces termes à toutes personnes physiques ou morales quelconques ; exécuter tous mandats sous forme d’études d’organisation,d’expertises,d’actes et de conseils techniques ou autres dans tout domaine rentrant dans on objet social
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| de Meeûssquare 40 registered office 1000 Brussels | ||
| Menestrelenlaan 12 1070 Anderlecht 47252 Retail sale of beverages, general range | 17-04-2024 | 2.391.446.611 |
1 former office
- Avenue De La Metrolgie 10 Boite 1, 1130 Bruxelles until 15-07-2024 · deed of 25-09-2024
Buildings and parcels at the addresses
- Ground area
- 2,575 m²
- Buildings
- 1,148 m²
- Volume, LiDAR
- 29,911 m³
- Tallest building
- 33.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21805E0461/00L000 | 2,479 m² | 1 · 1,096 m² | 33.3 m · 9 |
| 21524C0065/00Y003 | 96 m² | 1 · 52 m² | 9.9 m · 3 |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.