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TechEvolve

Active
Private limited companyfounded 2024active for 2 yearsBischoffsheimlaan 39, 1000 Brussel, BelgiumKBO/BCE: BE 1009.082.387
Summary

TechEvolve has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,903 and a net result of -€2,173. The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 03-05-2024 Normal situation
Registered office
431 active companies are registered at this address 48 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
“Conseils en informatique et en gestion d'entreprise au sens le plus large, conseils en…” (deed in French)From the articles, 10 activitiesNo NACE code in the KBO yet
Establishment unit
2.359.287.349 1000 Brussel, since 03-05-2024
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
-€2,014
Loss
€2,173
Equity
€5,903
▼ 26.9%
Total assets
€6,008
▼ 32.9%
Turnover not published (micro format)
Score breakdownraises riskNo main activity registeredFounded in 2024lowers riskLiquidity: current ratio 56.95, cash €5,731Size: total assets €6,008Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 49% of micro companies without a NACE code
Financial strength · tick: 2024
Strong
Solvency 100=
equity 98.2% of total assets
Liquidity 100=
short-term debt 1.8% · cash 95.4%
Profitability 0-100
return on assets -36.2%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 06-2025: 0.6%lowest value 07-2025: 0.6%● unchanged vs 06-2025lowest value 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%▲ +0.2 percentage points vs 05-2026highest value 07-2026: 0.9%● unchanged vs 06-2026highest value 08-2026: 0.9%● unchanged vs 07-2026highest value 09-2026: 0.9%● unchanged vs 08-2026highest value 10-2026: 0.9%● unchanged vs 09-2026 11-2026: 0.9%● unchanged vs 10-2026
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 (no NACE code, micro). It does better than 81% of them on solvency, 95% on liquidity, 4% on profitability and 15% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 56.95, cash €5,731
NBB · annual accounts
raises risk · No main activity registered
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €6,008
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 20-05-2026, 72 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
72 days early
2024
67 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 2 accounts on average 70 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 20-05-2026 at the NBB all 2 filings

Equity
€5,903▼ 26.9%
2024 · €8,076
Total assets
€6,008▼ 32.9%
2024 · €8,956
Net result
-€2,173
2024 · €3,076
Working capital
€5,903▼ 26.9%
2024 · €8,076
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is a loss of €2,014, after a profit of €7,432 in 2024.

Operating result-€2,014 2025 Net result-€2,173 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€7,432--€2,014
Net result€3,076--€2,173
Equity€8,076-€5,903▼ 26.9%
Total assets€8,956-€6,008▼ 32.9%
Debt€880-€106▼ 88.0%
Working capital€8,076-€5,903▼ 26.9%
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €6,008
Equity €5,903 ▼ 26.9%
Debt €106 ▼ 88.0%
Debt's share of the balance-sheet total falls from 9.8% to 1.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
56.95▲
2024 · 10.17
Debt to equity
0.02▼
2024 · 0.11
ROE
-36.8%▼
2024 · 38.1%
ROA
-36.2%▼
2024 · 34.3%
Debt ≤ 1 year
€106▼
2024 · €880
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58€8,956€6,008▼
Current assets29/58€8,956€6,008▼
Amounts receivable within one year40/41€625€278▼
Other amounts receivable41€625€278▼
Cash at bank and in hand54/58€8,331€5,731▼
Equity and liabilities
Total equity and liabilities10/49€8,956€6,008▼
Equity10/15€8,076€5,903▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€3,076€903▼
Amounts payable17/49€880€106▼
Amounts payable within one year42/48€880€106▼
Taxes, remuneration and social security45€775-
Taxes450/3€775-
Other amounts payable47/48€106€106=
Income statement Code20242025
Gross operating margin9900€7,432-€2,014▼
Operating profit (loss)9901€7,432-€2,014▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€3,581€159▼
Recurring financial charges65€3,581€159▼
Profit (loss) for the period before taxes9903€3,851-€2,173▼
Income taxes67/77€775-
Profit (loss) for the period9904€3,076-€2,173▼
Profit (loss) for the period to be appropriated9905€3,076-€2,173▼
Appropriation of the result
Profit (loss) to be appropriated9906€3,076€903▼
Profit (loss) brought forward from the previous period14P-€3,076

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 20-05-2026.

Line20242025Change
Gross operating margin9900€7,432-€2,014-
Operating profit (loss)9901€7,432-€2,014-
Financial income75/76B€0--
Recurring financial income75€0--
Financial charges65/66B€3,581€159▼ 95.6%
Recurring financial charges65€3,581€159▼ 95.6%
Profit (loss) for the period before taxes9903€3,851-€2,173-
Income taxes67/77€775--
Profit (loss) for the period9904€3,076-€2,173-
Profit (loss) for the period to be appropriated9905€3,076-€2,173-
Line20242025Change
Assets
Total assets20/58€8,956€6,008▼ 32.9%
Current assets29/58€8,956€6,008▼ 32.9%
Amounts receivable within one year40/41€625€278▼ 55.6%
Other amounts receivable41€625€278▼ 55.6%
Cash at bank and in hand54/58€8,331€5,731▼ 31.2%
Equity and liabilities
Total equity and liabilities10/49€8,956€6,008▼ 32.9%
Equity10/15€8,076€5,903▼ 26.9%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€3,076€903▼ 70.6%
Amounts payable17/49€880€106▼ 88.0%
Amounts payable within one year42/48€880€106▼ 88.0%
Taxes, remuneration and social security45€775--
Taxes450/3€775--
Other amounts payable47/48€106€106=
Line20242025Change
Profit (loss) for the period9904€3,076-€2,173-
Operating cash flow (approximation)€3,076-€2,173-
Change in cash--€2,600-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 3,223 companies had the same profile as TechEvolve has now. Two years later, 87.8% were still going and 3.4% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
87.8% was still going
8.7% stopped otherwise
3.4% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of TechEvolve itself: 0.9% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the 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%

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 3,223 companies, not a prediction for TechEvolve. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 20-05-2026 2026-00116074 PDF
31-12-2024 micro format 25-05-2025 2025-00104837 PDF

Board & ownership

Directors

Directors
1 director, no change since 2024
KADAOUI El Mehdi
Director (not named in the articles) · since 03-05-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 20-05-2026
Current

Owners and capital

Shareholders

At incorporation act of 07-05-2024 ↗

Capital transactions

Capital over time
  1. 07-05-2024 Incorporation · €5,000 · 100 shares

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Chaque administrateur agissant seul peut accomplir tous actes nécessaires ou utiles à accomplissement objet, totalité pouvoirs…”
“Frais généraux indépendamment frais représentation voyages déplacements, assemblée générale décide”
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

Articles of association, deed of 07-05-2024 (in French)

Network & group

TechEvolve shares no director with another company.

Companies at the same address

430 other companies

Connections & network

1 current director
Depth

The network starts from the directors of TechEvolve. Every other company they run is a node.

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

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
20-05
NBB filing Annual accounts 2025 filedNBB
micro format · 72 days before the deadline
2025
31-12
Financial Liquidity more than 5 timescurrent ratio 56.95
The current ratio rises from 10.17 to 56.95. Short-term debt falls from €880 to €106.
25-05
NBB filing Annual accounts 2024 filedNBB
micro format · 67 days before the deadline
2024
07-05
Gazette deed Incorporation
Starting capital €5,000 · Appointment: KADAOUI El Mehdi (director) · Founder10 points ▸
  • Other provision, “capacité du comparant, faillite, règlement collectif de dettes, attribution d'un administrateur ou autre” (deed in French)
  • Incorporation, “TechEvolve” (deed in French)
  • Founding capital, €5,000
  • Founder, KADAOUI El Mehdi
  • Other provision, 30-04-2024
  • Capital
  • Registered office clause, “1000 Bruxelles, Boulevard Bischoffsheim 39/4” (deed in French)
  • Director appointment, KADAOUI El Mehdi (director (not named in the articles))
  • Board rule, 1
  • Pre-incorporation commitments, “reprise, engagements,obligations et activités entreprises au nom et pour compte de la société en formation” (deed in French)

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 3 May 2024, TechEvolve was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 KADAOUI El Mehdi has served as director since 2024.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 07-05-2024
  3. 3National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name TechEvolve in French
Enterprise number 1009.082.387
Legal form Private limited company
Status Active, normale toestand
Founded 03-05-2024
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-05-2024 (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, sièges administratifs, agences, ateliers, dépôts et succursales tant en Belgique qu'à l'étranger par simple…”
deed of 07-05-2024 (in French)

Registered office and establishments

Registered office Bischoffsheimlaan 39, 1000 Brussel, Belgium
Establishment unit TechEvolve, Bischoffsheimlaan 39, 1000 Brussel since 03-05-2024 · unit number 2.359.287.34962100 Computer programming

Activities

PurposeThe purpose describes the activities the company may carry out under its articles.
“Conseils en informatique et en gestion d'entreprise au sens le plus large, conseils en informatique, réalisation de programmes et de…”
10 activities
  1. Conseils en informatique et en gestion d'entreprise au sens le plus large, conseils en informatique, réalisation de programmes et de systèmes prêts à l'emploi, autres activités liées à l'informatique et aux télécommunications.
  2. Réingénierie des processus d'entreprise, conseil en matière de processus d'entreprise et mise en œuvre d'applications d'entreprise dans le cadre de projets.
  3. Traitement des données.
  4. Services d'analyse, développement et installation d'applications informatiques (matériel, logiciels standard et logiciels sur mesure).
  5. Conception, fabrication, installation et commercialisation de systèmes de communication, y compris : la conception et réalisation de toutes les applications multimédias et de télécommunication ; la construction et la maintenance de réseaux pour le transport des données, de la voix et du multimédia ; la constitution et la commercialisation d'un réseau international et commercial de communication de données.
  6. Autres activités liées à l'informatique.
  7. Commerce de détail, de gros, d'importation et d'exportation de matériel et d'accessoires informatiques.
  8. L'entreprise agit pour son propre compte, en consignation, en sous-traitance, à la commission, en tant qu'intermédiaire ou en tant que représentant.
  9. Organisation et dispense de cours.
  10. Recrutement en free-lance dans le secteur informatique.
deed of 07-05-2024 (in French)

Invoicing and payment

VAT number BE 1009.082.387
E-invoicing via Peppol
Not found in the Peppol Directory

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Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of May
deed of 07-05-2024 (in French)

Sites & property

Location
registered office establishment The establishment unit on the map
431 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
808 m²
Building footprint
279 m²
Building volume
6,467 m³
Cadastral parcel Region Area Buildings Height / floors
21803C0630/00H003 Brussels 808 m² 1 · 279 m² 26.6 m · 8