(R)EVOLUTION
Inactive(R)EVOLUTION was declared bankrupt on 04-07-2024 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed for insufficient assets by judgment of 30-09-2025, published in the Belgian State Gazette on 07-10-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 10-08-2021, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
10 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 51 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2020, micro schema
Equity
-€30,758▲ 5.8%
2019 · -€32,650
Total assets
€2,569▲ 291%
2019 · €658
Net result
€1,892
2019 · -€6,446
Working capital
-€12,728▲ 12.9%
2019 · -€14,620
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result-€5,086--€6,432▼ 26.5%€2,049
Net result-€5,101--€6,446▼ 26.4%€1,892
Equity-€26,204--€32,650▼ 24.6%-€30,758▲ 5.8%
Total assets€1,726-€658▼ 61.9%€2,569▲ 291%
Debt€27,930-€33,308▲ 19.3%€33,327▲ 0.1%
Working capital-€13,604--€14,620▼ 7.5%-€12,728▲ 12.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €2,049 after a loss of €6,432 in 2019, the highest result in the available series.
Key figures and ratios
Debt ≤ 1 year
€15,297▲
2019 · €15,278
Debt > 1 year
€18,030=
2019 · €18,030
Ratios withheld: a balance sheet total of €2,569 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Gross operating margin9900 | -€4,829 | -€6,178 | €2,264 | ▲ 137% |
| Operating profit (loss)9901 | -€5,086 | -€6,432 | €2,049 | ▲ 132% |
| Recurring financial income75 | - | €1 | €0 | ▼ 99.0% |
| Recurring financial charges65 | €15 | €15 | €157 | ▲ 928% |
| Profit (loss) for the period before taxes9903 | -€5,101 | -€6,446 | €1,892 | ▲ 129% |
| Profit (loss) for the period9904 | -€5,101 | -€6,446 | €1,892 | ▲ 129% |
| Profit (loss) for the period to be appropriated9905 | -€5,101 | -€6,446 | €1,892 | ▲ 129% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1,726 | €658 | €2,569 | ▲ 291% |
| Current assets29/58 | €1,726 | €658 | €2,569 | ▲ 291% |
| Amounts receivable within one year40/41 | - | €104 | €1,112 | ▲ 970% |
| Cash at bank and in hand54/58 | €1,716 | €541 | €1,456 | ▲ 169% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1,726 | €658 | €2,569 | ▲ 291% |
| Equity10/15 | -€26,204 | -€32,650 | -€30,758 | ▲ 5.8% |
| Contributions10/11 | €18,600 | €18,600 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€46,664 | -€53,110 | -€51,218 | ▲ 3.6% |
| Amounts payable17/49 | €27,930 | €33,308 | €33,327 | ▲ 0.1% |
| Amounts payable after more than one year17 | €12,600 | €18,030 | €18,030 | = |
| Amounts payable within one year42/48 | €15,330 | €15,278 | €15,297 | ▲ 0.1% |
| Trade debts44 | €537 | €1,427 | €1,420 | ▼ 0.5% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,101 | -€6,446 | €1,892 | ▲ 129% |
| Operating cash flow (approximation) | -€5,101 | -€6,446 | €1,892 | ▲ 129% |
| Change in cash | - | -€1,175 | €915 | ▲ 178% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
07-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 30-09-2025
2024
10-07
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 04-07-2024
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Back to profitnet €1,892
Net result €1,892 after 2 loss-making years.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Weakest financial yearnet -€6,446
Net result drops to -€6,446, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 18 days late
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 26 days late
2014
18-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
23-05
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
20-07
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | RONNY MAES PRINS BISSCHOPSINGEL 11,
3500 HASSELT |
04-07-2024 → 30-09-2025 |
| Curator | KRISTOF KROL PRINS
BISSCHOPSSINGEL 11, 3500 HASSELT |
04-07-2024 → 30-09-2025 |
| Curator | GERTJAN CUPERS PRINS BISSCHOPSSINGEL 11, 3500 HASSELT- |
04-07-2024 → 30-09-2025 |