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Revolution

Active
Private limited companyfounded 199333 yrs activeVaartlaan 47, 2960 Brecht, BelgiumKBO/BCE: BE 0450.122.758
Summary

Revolution has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1,747) and a net result of €12,461. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 21% of 18537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
59 / 100
Fair
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-19
Solvency23▲+23
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.98 against 0.8 in 2024; short-term debt: 102.4% and cash: 90.1% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-2.4%
Return on assets
17.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 18537 sector peers (2025).
NBB · sector comparison
Position among 18537 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
28 d late
2024
7 d early
2023
19 d early
2022
12 d early
2021
25 d late
2020
27 d late
2019
37 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 May 1993, Revolution was incorporated.1 Total assets went from EUR 52,281 in 2018 to EUR 72,164 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€1,747▲ 87.7%
2024 · -€14,208
Total assets
€72,164▲ 29.7%
2024 · €55,630
Net result
€12,461▼ 12.3%
2024 · €14,212
Working capital
-€1,747▲ 87.7%
2024 · -€14,208
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€4,980-€18,262▼ 267%€11,290€14,401▲ 27.5%€12,657▼ 12.1%
Net result-€5,102below the sector's middle half-€18,497below the sector's middle half▼ 263%€11,056within the sector's middle half€14,212within the sector's middle half▲ 28.5%€12,461within the sector's middle half▼ 12.3%
Equity-€20,979below the sector's middle half▼ 32.1%-€39,476below the sector's middle half▼ 88.2%-€28,420below the sector's middle half▲ 28.0%-€14,208below the sector's middle half▲ 50.0%-€1,747below the sector's middle half▲ 87.7%
Total assets€51,171below the sector's middle half▼ 8.1%€30,588below the sector's middle half▼ 40.2%€39,744below the sector's middle half▲ 29.9%€55,630below the sector's middle half▲ 40.0%€72,164within the sector's middle half▲ 29.7%
Debt€72,149▲ 0.8%€70,065▼ 2.9%€68,164▼ 2.7%€69,837▲ 2.5%€73,910▲ 5.8%
Working capital-€21,105▼ 31.9%-€39,603▼ 87.6%-€28,420▲ 28.2%-€14,208▲ 50.0%-€1,747▲ 87.7%
Solvency-41.0%below the sector's middle half▼ 12.5pp-129.1%below the sector's middle half▼ 88.1pp-71.5%below the sector's middle half▲ 57.5pp-25.5%below the sector's middle half▲ 46.0pp-2.4%below the sector's middle half▲ 23.1pp
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2021: -€4,980-€4,980Net result 2021: -€5,102-€5,102Operating result 2022: -€18,262-€18,262Net result 2022: -€18,497-€18,497Operating result 2023: €11,290€11,290Net result 2023: €11,056€11,056Operating result 2024: €14,401€14,401Net result 2024: €14,212€14,212Operating result 2025: €12,657€12,657Net result 2025: €12,461€12,46120212022202320242025€0€5,000€10,000€15,000Operating result 2023: €11,290€11,300Net result 2023: €11,056€11,100Operating result 2024: €14,401€14,400Net result 2024: €14,212€14,200Operating result 2025: €12,657€12,700Net result 2025: €12,461€12,500202320242025
The operating result falls in 2025; 2025 is 12% below 2024.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.98▲
2024 · 0.80
Debt to equity
-42.32▼
2024 · -4.92
ROA
17.3%▼
2024 · 25.5%
Debt ≤ 1 year
€73,910▲
2024 · €69,837
Income taxes
-€13▼
2024 · €7
Staff costs
€12
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,798 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.5% went bankrupt
5.3% stopped otherwise
91% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,798 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 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€55,630€72,164▲
Current assets29/58€55,630€72,164▲
Amounts receivable within one year40/41€7,880€3,981▼
Trade receivables40€7,880€3,981▼
Cash at bank and in hand54/58€44,689€65,021▲
Deferred charges and accrued income490/1€3,061€3,162▲
Equity and liabilities
Total equity and liabilities10/49€55,630€72,164▲
Equity10/15-€14,208-€1,747▲
Contributions10/11€6,197€6,197=
Reserves13€141,091€141,091=
Distributable reserves133€141,091€141,091=
Profit (loss) carried forward14-€161,496-€149,035▲
Amounts payable17/49€69,837€73,910▲
Amounts payable within one year42/48€69,837€73,910▲
Trade debts44€1,088€2,755▲
Suppliers440/4€1,088€2,755▲
Taxes, remuneration and social security45€1,034€1,988▲
Taxes450/3€1,034€1,988▲
Other amounts payable47/48€67,716€69,167▲
Income statement Code20242025
Remuneration, social security and pensions62-€12
Other operating charges640/8€569€597▲
Gross operating margin9900€14,970€13,266▼
Operating profit (loss)9901€14,401€12,657▼
Financial income75/76B€52€4▼
Recurring financial income75€52€4▼
Financial charges65/66B€233€213▼
Recurring financial charges65€233€213▼
Profit (loss) for the period before taxes9903€14,220€12,448▼
Income taxes67/77€7-€13▼
Profit (loss) for the period9904€14,212€12,461▼
Profit (loss) for the period to be appropriated9905€14,212€12,461▼
Appropriation of the result
Profit (loss) to be appropriated9906-€161,496-€149,035▲
Profit (loss) brought forward from the previous period14P-€175,708-€161,496▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62----€12-
Other operating charges640/8€503€625€557€569€597▲ 4.9%
Gross operating margin9900-€4,477-€17,638€11,847€14,970€13,266▼ 11.4%
Operating profit (loss)9901-€4,980-€18,262€11,290€14,401€12,657▼ 12.1%
Financial income75/76B--€20€52€4▼ 92.9%
Recurring financial income75--€20€52€4▼ 92.9%
Financial charges65/66B€122€235€248€233€213▼ 8.6%
Recurring financial charges65€122€235€248€233€213▼ 8.6%
Profit (loss) for the period before taxes9903-€5,102-€18,497€11,062€14,220€12,448▼ 12.5%
Income taxes67/77--€6€7-€13▼ 279%
Profit (loss) for the period9904-€5,102-€18,497€11,056€14,212€12,461▼ 12.3%
Profit (loss) for the period to be appropriated9905-€5,102-€18,497€11,056€14,212€12,461▼ 12.3%
Line20212022202320242025Change
Assets
Total assets20/58€51,171€30,588€39,744€55,630€72,164▲ 29.7%
Fixed assets21/28€126€126----
Financial fixed assets28€126€126----
Current assets29/58€51,044€30,462€39,744€55,630€72,164▲ 29.7%
Stocks and contracts in progress3--€976---
Stocks30/36--€976---
Amounts receivable within one year40/41€6,452€3,830€12,825€7,880€3,981▼ 49.5%
Trade receivables40€6,452€3,830€12,164€7,880€3,981▼ 49.5%
Other amounts receivable41--€662---
Cash at bank and in hand54/58€44,592€23,918€25,943€44,689€65,021▲ 45.5%
Deferred charges and accrued income490/1-€2,714-€3,061€3,162▲ 3.3%
Equity and liabilities
Total equity and liabilities10/49€51,171€30,588€39,744€55,630€72,164▲ 29.7%
Equity10/15-€20,979-€39,476-€28,420-€14,208-€1,747▲ 87.7%
Contributions10/11€6,197€6,197€6,197€6,197€6,197=
Capital10€6,197-----
Issued capital100€18,592-----
Uncalled capital101€12,395-----
Reserves13€141,091€141,091€141,091€141,091€141,091=
Non-distributable reserves130/1€1,859€1,859----
Legal reserve130€1,859-----
Reserves not available under the articles1311-€1,859----
Distributable reserves133€139,232€139,232€141,091€141,091€141,091=
Profit (loss) carried forward14-€168,267-€186,764-€175,708-€161,496-€149,035▲ 7.7%
Amounts payable17/49€72,149€70,065€68,164€69,837€73,910▲ 5.8%
Amounts payable within one year42/48€72,149€70,065€68,164€69,837€73,910▲ 5.8%
Trade debts44€2,858€3,173-€1,088€2,755▲ 153%
Suppliers440/4€2,858€3,173-€1,088€2,755▲ 153%
Taxes, remuneration and social security45€2,172€107€2,013€1,034€1,988▲ 92.3%
Taxes450/3€2,172€107€2,013€1,034€1,988▲ 92.3%
Other amounts payable47/48€67,119€66,785€66,151€67,716€69,167▲ 2.1%
Line20212022202320242025Change
Profit (loss) for the period9904-€5,102-€18,497€11,056€14,212€12,461▼ 12.3%
Operating cash flow (approximation)-€5,102-€18,497€11,056€14,212€12,461▼ 12.3%
Investment in fixed assets (approximation)-€0----
Change in cash--€20,673€2,025€18,746€20,332▲ 8.5%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €14,212 ▲28.5%
Operating result €14,401, net result €14,212, both a record.
12-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €11,056
Net result €11,056 after 2 loss-making years.
19-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€18,497
Net result drops to -€18,497, the lowest in the series; recovery starts the following year.
25-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
27-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial Back to profitnet €7,380
Net result €7,380 after one loss-making year.
24-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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
Registered office, Brecht · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
2,177 m²
Building footprint
139 m²
Volume, LiDAR
813 m³
Parcel 11042A0014/00M000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
REVOLUTION
Vaartlaan 47, 2960 BrechtNACE 51640
since 19932.062.766.564
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11042A0014/00M000 Flanders 2,177 m² 1 · 139 m² 9.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,223 companies in sector 47400 we hold annual accounts for 1,808. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-05-1993
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID 0208:0450122758
Also 9925:BE0450122758
Registered 05-12-2025

Register as of 27 September 2026 · Peppol Directory

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