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Life Cycle Evolution

Active
Private limited companyfounded 2024active for 2 yearsTweehuizenweg 6, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 1015.226.843
Summary

Life Cycle Evolution has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,215 and a net result of -€785. Its solvency ranks better than 14% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Computer programming
NACE 62100
1 site
Size
≈ €7,800turnover 2025, estimated
Equity
€2,215
Loss
-€785
Turnover estimated from the gross margin
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
2025 accounts 64 days early
Why 89raises riskFounded in 2024lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €23,985Liquidity: current ratio 1.01, cash €11,773Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 23% of its sector peers (NACE 62, micro)
Financial strength
Average
Solvency 34
equity 9.2% of total assets
Liquidity 50
short-term debt 90.8% · cash 49.1%
Profitability 65
return on assets -3.3%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,901 companies, NACE 62, micro)
Last 24 months 11-2025: 0.4% 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026highest value 06-2026: 0.1%▼ -0.4 percentage points vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 16% on solvency, 27% on liquidity and 25% on profitability.

The bankruptcy probability was computed on 30-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €23,985
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.01, cash €11,773
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 21120 sector peers (2025).
NBB · sector comparison
Position among 21120 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
64 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointments: ATANASOV Denislav Emilov (director)…

Financials · financial year 2025, micro format

Turnover
≈ €7,800
Estimated: probably between €3,900 and €15,000
Total assets
€23,985
Net result
-€785
Working capital
€240

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
Assets €23,985
Fixed assets €1,975
Current assets €22,011
Equity and liabilities €23,985
Equity €2,215
Debt €21,771
Debt finances 90.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€1,370
Cash flow
-€356
Current ratio
1.01
Debt to equity
9.83
ROE
-35.5%
ROA
-3.3%
Interest coverage
14.50
Debt ≤ 1 year
€21,771
Income taxes
€1,649

Peer companies

Historical observation

Of the 1,301 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 92.6% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.5% went bankrupt
1.6% stopped otherwise
92.6% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 1,301 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 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€23,985
Fixed assets21/28€1,975
Tangible fixed assets22/27€1,975
Plant, machinery and equipment23€1,975
Current assets29/58€22,011
Amounts receivable within one year40/41€9,993
Trade receivables40€9,672
Other amounts receivable41€321
Cash at bank and in hand54/58€11,773
Deferred charges and accrued income490/1€244
Equity and liabilities
Total equity and liabilities10/49€23,985
Equity10/15€2,215
Contributions10/11€3,000
Profit (loss) carried forward14-€785
Amounts payable17/49€21,771
Amounts payable within one year42/48€21,771
Trade debts44€669
Suppliers440/4€669
Taxes, remuneration and social security45€11,898
Taxes450/3€6,898
Remuneration and social security454/9€5,000
Other amounts payable47/48€9,204
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€429
Other operating charges640/8€106
Gross operating margin9900€1,475
Operating profit (loss)9901€940
Financial income75/76B€18
Recurring financial income75€18
Financial charges65/66B€94
Recurring financial charges65€94
Profit (loss) for the period before taxes9903€863
Income taxes67/77€1,649
Profit (loss) for the period9904-€785
Profit (loss) for the period to be appropriated9905-€785
Appropriation of the result
Profit (loss) to be appropriated9906-€785

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€429
Other operating charges640/8€106
Gross operating margin9900€1,475
Operating profit (loss)9901€940
Financial income75/76B€18
Recurring financial income75€18
Financial charges65/66B€94
Recurring financial charges65€94
Profit (loss) for the period before taxes9903€863
Income taxes67/77€1,649
Profit (loss) for the period9904-€785
Profit (loss) for the period to be appropriated9905-€785
Line2025
Assets
Total assets20/58€23,985
Fixed assets21/28€1,975
Tangible fixed assets22/27€1,975
Plant, machinery and equipment23€1,975
Current assets29/58€22,011
Amounts receivable within one year40/41€9,993
Trade receivables40€9,672
Other amounts receivable41€321
Cash at bank and in hand54/58€11,773
Deferred charges and accrued income490/1€244
Equity and liabilities
Total equity and liabilities10/49€23,985
Equity10/15€2,215
Contributions10/11€3,000
Profit (loss) carried forward14-€785
Amounts payable17/49€21,771
Amounts payable within one year42/48€21,771
Trade debts44€669
Suppliers440/4€669
Taxes, remuneration and social security45€11,898
Taxes450/3€6,898
Remuneration and social security454/9€5,000
Other amounts payable47/48€9,204
Line2025
Profit (loss) for the period9904-€785
+ Depreciation and write-downs630€429
Operating cash flow (approximation)-€356

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 28-05-2026 2026-00131186

Similar companies · same sector, comparable size

Of the 16,999 active companies whose main activity is computer programming (NACE 62100), figures are known for 9,006. 1,876 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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

Directors

Directors
2 directors, no change since 2024
ATANASOV Denislav Emilov
Director · since 21-10-2024
Current
KONTYKIEWICZ-BIEL Weronika Zofia
Director · since 21-10-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

2 people since 2024, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
ATANASOV Denislav Emilov
  • Director, from 21-10-2024 to date
KONTYKIEWICZ-BIEL Weronika Zofia
  • Director, from 21-10-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 21-10-2024 Incorporation · 100 shares

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 17 October 2024, Life Cycle Evolution was incorporated as a private limited company by two natural persons.12 Of the 2 current board members, 2 have served since 2024.2 The company has filed annual accounts once, for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-10-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
28-05
NBB filing Annual accounts filed
financial year 2025 · micro format
2024
21-10
Gazette deed Incorporation
Appointments: ATANASOV Denislav Emilov (director) and KONTYKIEWICZ-BIEL Weronika Zofia (director) · Founder · Founding capital11 facts ▸
  • Incorporation, “Société à responsabilité limitée” (deed in French)
  • Founder, ATANASOV Denislav Emilov
  • Founder, KONTYKIEWICZ-BIEL Weronika Zofia
  • Founding capital
  • Share issue, 100, “apports” (deed in French)
  • Registered office clause, “1200 Woluwe-Saint-Lambert,Chemin des Deux Maisons 6” (deed in French)
  • Board rule, 2
  • Director appointment, ATANASOV Denislav Emilov (director)
  • Director appointment, KONTYKIEWICZ-BIEL Weronika Zofia (director)
  • Declaration, “acceptation et non-interdiction, ne sont pas frappés d’une interdiction de participer à l'administration ou à la surveillance de sociétés” (deed in French) (2 times)
  • Pre-incorporation commitments, “takeover, tous les engagements ainsi que les obligations qui en résultent et toutes les activités entreprises par l’un ou l’autre des comparants au nom et pour…” (deed in French)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded17-10-2024
Financial year end31-12
Activities, NACEBEL 2025
62100Computer programming
47120Other non-specialised retail sale
47750Retail sale of cosmetics and toilet articles
47789Other retail sale of new goods
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
63920Other information service activities
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
82300Organisation of conventions and trade shows
82990Other business support services
85599Other education
86995Nutrition and dietetics services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1015226843
Also 9925:BE1015226843
Registered 17-12-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Lambrechts-Woluwe · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
418 m²
Building footprint
189 m²
Building volume
2,543 m³
Parcel 21018A0136/00S000, Brussels · tallest building 17.0 m. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Life Cycle Evolution
Tweehuizenweg 6, 1200 Sint-Lambrechts-WoluweComputer programming
since 2024unit no. 2.365.386.273
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21018A0136/00S000 Brussels 418 m² 1 · 189 m² 17.0 m · 5
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“La programmation informatique; Le conseil informatique; La gestion d'installations informatiques; Toute autre activité informatique; Le…” (deed in French)
18 activities (deed in French)
  1. La programmation informatique
  2. Le conseil informatique
  3. La gestion d'installations informatiques
  4. Toute autre activité informatique
  5. Le traitement de données,l’hébergement de celles-ci et les activités connexes
  6. Les activités concernant les portails internet
  7. Tout service d'information
  8. Le conseil pour les affaires et autres conseils de gestion
  9. Les services administratifs combinés de bureau
  10. L’organisation de salons professionnels et de congrès
  11. Toute activité de soutien aux entreprises
  12. Toute forme d'enseignement
  13. Le commerce de détail de parfumerie et de produits de beauté en magasin spécialisé
  14. Tout commerce de détail de biens neufs en magasin spécialisé
  15. Le commerce de détail par correspondance ou par internet
  16. Le conseil en relations publiques et en communication
  17. Toute activité pour la santé humaine
  18. Les services liés au bien-être et au confort physique fournis dans les établissements de thalassothérapie,stations thermales,bains turcs,saunas,bains de vapeur,salons de massages etcetera

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Life Cycle Evolution
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale” (deed in French)

deed of 21-10-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“1, personnes physiques ou morales,actionnaires ou non” (deed in French)

deed of 21-10-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives avec mentions requises par Code des sociétés et des associations” (deed in French)

deed of 21-10-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Fourth Friday of May at 18:00

deed of 21-10-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“En tout temps par décision de l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)

deed of 21-10-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Pouvoir d’administration, chaque administrateur agissant seul peut accomplir tous actes nécessaires ou utiles à accomplissement de l’objet” (deed in French)
Other provision: “Portée aux frais généraux,indépendamment des frais de représentation,voyages et déplacements, Rémunération des administrateurs” (deed in French)
Other provision: “Admission à l'assemblée générale, titulaire de titres nominatifs inscrit dans le registre des titres nominatifs relatif à sa catégorie” (deed in French)
Other provision: “Séances-procès-verbaux, procès-verbaux des décisions de l'assemblée générale ou de l'actionnaire unique consignés dans registre tenu au…” (deed in French)
Other provision: “Chaque action donne droit à une voix sous réserve des dispositions légales régissant les actions sans droit de vote, délibérations” (deed in French)
Liquidation distribution: “Après apurement dettes charges frais de liquidation ou consignation des montants nécessaires, actif net réparti entre tous les actionnaires…” (deed in French)
1 more provision in the deed, see the deed of 21-10-2024

deed of 21-10-2024