S.A.D.EVOLUTION
ActiveSummary
S.A.D.EVOLUTION has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €280,560 and a net result of -€4,153. Equity remains stable across the filed fiscal years (±0.3% per year). The computed 12-month bankruptcy probability is 1.0% (low).
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Signals
This company filed its last 7 accounts on average 11 days before 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 (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 6,915 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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%.
| 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 6,915 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,493 | €1,318 | €3,175 | ▲ 141% |
| Other operating charges640/8 | €1,445 | €735 | €982 | €778 | €1,081 | ▲ 38.8% |
| Non-recurring operating charges66A | €761 | - | €348 | - | - | - |
| Gross operating margin9900 | €31,387 | €1,239 | €17,069 | €30,597 | €290 | ▼ 99.1% |
| Operating profit (loss)9901 | €29,180 | €504 | €14,247 | €28,501 | -€3,966 | ▼ 114% |
| Financial income75/76B | €106 | €0 | €5,100 | €21 | €200 | ▲ 862% |
| Recurring financial income75 | €106 | €0 | €5,100 | €21 | €200 | ▲ 862% |
| Financial charges65/66B | €1,220 | €889 | €940 | €654 | €118 | ▼ 82.0% |
| Recurring financial charges65 | €1,220 | €889 | €940 | €654 | €118 | ▼ 82.0% |
| Profit (loss) for the period before taxes9903 | €28,066 | -€385 | €18,407 | €27,867 | -€3,883 | ▼ 114% |
| Income taxes67/77 | €8,876 | €1,097 | €6,127 | €8,732 | €270 | ▼ 96.9% |
| Profit (loss) for the period9904 | €19,190 | -€1,482 | €12,280 | €19,136 | -€4,153 | ▼ 122% |
| Profit (loss) for the period to be appropriated9905 | €19,190 | -€1,482 | €12,280 | €19,136 | -€4,153 | ▼ 122% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €317,120 | €284,247 | €284,408 | €305,741 | €297,503 | ▼ 2.7% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €0 | €0 | €0 | €5,031 | €1,856 | ▼ 63.1% |
| Intangible fixed assets21 | €0 | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €0 | €0 | €0 | €5,031 | €1,856 | ▼ 63.1% |
| Furniture and vehicles24 | €0 | €0 | €0 | €5,031 | €1,856 | ▼ 63.1% |
| Other tangible fixed assets26 | €0 | €0 | €0 | €0 | - | - |
| Current assets29/58 | €317,120 | €284,247 | €284,408 | €300,710 | €295,647 | ▼ 1.7% |
| Amounts receivable after more than one year29 | €277,825 | €255,000 | €248,000 | €248,000 | €251,400 | ▲ 1.4% |
| Other amounts receivable291 | €277,825 | €255,000 | €248,000 | €248,000 | €251,400 | ▲ 1.4% |
| Amounts receivable within one year40/41 | €12,265 | €15,027 | €12,776 | €5,144 | €6,060 | ▲ 17.8% |
| Other amounts receivable41 | €12,265 | €15,027 | €12,776 | €5,144 | €6,060 | ▲ 17.8% |
| Cash at bank and in hand54/58 | €5,841 | €6,004 | €13,443 | €37,013 | €37,972 | ▲ 2.6% |
| Deferred charges and accrued income490/1 | €21,188 | €8,216 | €10,189 | €10,553 | €215 | ▼ 98.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €317,120 | €284,247 | €284,408 | €305,741 | €297,503 | ▼ 2.7% |
| Equity10/15 | €294,779 | €263,297 | €265,577 | €284,713 | €280,560 | ▼ 1.5% |
| Contributions10/11 | €6,400 | €6,400 | €8,260 | €8,260 | €8,260 | = |
| Reserves13 | €288,379 | €256,897 | €257,317 | €276,453 | €272,300 | ▼ 1.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Tax-exempt reserves132 | €8,000 | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Distributable reserves133 | €278,519 | €247,037 | €249,317 | €268,453 | €264,300 | ▼ 1.5% |
| Amounts payable17/49 | €22,341 | €20,950 | €18,830 | €21,028 | €16,943 | ▼ 19.4% |
| Amounts payable within one year42/48 | €21,993 | €20,603 | €18,021 | €20,219 | €16,134 | ▼ 20.2% |
| Financial debts43 | €0 | €0 | €0 | €0 | - | - |
| Credit institutions430/8 | €0 | €0 | €0 | €0 | - | - |
| Trade debts44 | €1,336 | €3,376 | €1,087 | €992 | €1,099 | ▲ 10.7% |
| Suppliers440/4 | €1,336 | €3,376 | €1,087 | €992 | €1,099 | ▲ 10.7% |
| Taxes, remuneration and social security45 | €1,500 | €1,500 | €1,500 | €1,500 | €0 | ▼ 100% |
| Taxes450/3 | €1,500 | €1,500 | €1,500 | €1,500 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €0 | - | - |
| Other amounts payable47/48 | €19,157 | €15,726 | €15,435 | €17,727 | €15,035 | ▼ 15.2% |
| Accrued charges and deferred income492/3 | €348 | €348 | €809 | €809 | €809 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,190 | -€1,482 | €12,280 | €19,136 | -€4,153 | ▼ 122% |
| + Depreciation and write-downs630 | - | - | €1,493 | €1,318 | €3,175 | ▲ 141% |
| Operating cash flow (approximation) | €19,190 | -€1,482 | €13,773 | €20,454 | -€978 | ▼ 105% |
| Investment in fixed assets (approximation) | - | €0 | -€1,493 | -€6,349 | €0 | ▲ 100% |
| Change in cash | - | €163 | €7,439 | €23,571 | €958 | ▼ 95.9% |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62059C1034/00H009 | Wallonia | 476 m² | 1 · 64 m² | 8.9 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
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