MX EVOLUTION
ActiveSummary
MX EVOLUTION has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17k and a net result of €10k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency66▲+19
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.22 in 2024; short-term debt: 58.8% and cash: 32.8% of total assets), but 58.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.2%
Return on assets
25.4%
Age of the figures
9 mo
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 01-06-2026, 60 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
60 d early
2024
87 d early
2023
37 d early
2022
81 d early
2021
68 d early
2020
36 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€17k▲ 2.1%
2024 · €16k
2020: €7klowest in 6 years
2021: €46k▲ +596% vs 2020highest in 6 years
2022: €10k▼ -78.3% vs 2021
2023: €9k▼ -13.5% vs 2022
2024: €16k▲ +88.7% vs 2023
2025: €17k▲ +2.1% vs 2024
2020 → 2025
Total assets
€41k▼ 46.7%
2024 · €76k
2020: €15klowest in 6 years
2021: €77k▲ +398% vs 2020
2022: €81k▲ +6.4% vs 2021highest in 6 years
2023: €78k▼ -4.6% vs 2022
2024: €76k▼ -1.7% vs 2023
2025: €41k▼ -46.7% vs 2024
2020 → 2025
Net result
€10k▼ 78.3%
2024 · €48k
2020: €4klowest in 6 years
2021: €40k▲ +950% vs 2020
2022: €9k▼ -78.4% vs 2021
2023: €49k▲ +457% vs 2022highest in 6 years
2024: €48k▼ -1.9% vs 2023
2025: €10k▼ -78.3% vs 2024
2020 → 2025
Working capital
€13k▼ 3.7%
2024 · €13k
2020: €7k
2021: €40k▲ +496% vs 2020highest in 6 years
2022: €4k▼ -89.9% vs 2021lowest in 6 years
2023: €4k▲ +1.0% vs 2022
2024: €13k▲ +223% vs 2023
2025: €13k▼ -3.7% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€46k-€10k▼ 78.3%€9k▼ 13.5%€16k▲ 88.7%€17k▲ 2.1%
2021: €46khighest in 5 years
2022: €10k▼ -78.3% vs 2021
2023: €9k▼ -13.5% vs 2022lowest in 5 years
2024: €16k▲ +88.7% vs 2023
2025: €17k▲ +2.1% vs 2024
Operating result€51k-€13k▼ 74.0%€63k▲ 370%€61k▼ 2.5%€14k▼ 76.8%
2021: €51k
2022: €13k▼ -74.0% vs 2021lowest in 5 years
2023: €63k▲ +370% vs 2022highest in 5 years
2024: €61k▼ -2.5% vs 2023
2025: €14k▼ -76.8% vs 2024
Net result€40k-€9k▼ 78.4%€49k▲ 457%€48k▼ 1.9%€10k▼ 78.3%
2021: €40k
2022: €9k▼ -78.4% vs 2021lowest in 5 years
2023: €49k▲ +457% vs 2022highest in 5 years
2024: €48k▼ -1.9% vs 2023
2025: €10k▼ -78.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41k
Fixed assets
€4k ▲ 24.7%
Current assets
€37k ▼ 50.0%
Equity and liabilities €41k
Equity
€17k ▲ 2.1%
Debt
€24k ▼ 60.1%
Debt's share of the balance-sheet total falls from 78.5% to 58.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▼
2024 · €63k
Cash flow
€11k▼
2024 · €50k
Current ratio
1.53▲
2024 · 1.22
Debt to equity
1.43▼
2024 · 3.65
ROE
61.7%▼
2024 · 290.7%
ROA
25.4%▼
2024 · 62.5%
Interest coverage
90.30▼
2024 · 317.00
Debt ≤ 1 year
€24k▼
2024 · €60k
Income taxes
€4k▼
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€76k€41k▼
Fixed assets21/28€3k€4k▲
Tangible fixed assets22/27€3k€4k▲
Furniture and vehicles24€3k€4k▲
Other tangible fixed assets26€678€575▼
Current assets29/58€73k€37k▼
Amounts receivable within one year40/41€57k€21k▼
Trade receivables40€57k€16k▼
Other amounts receivable41-€4k
Cash at bank and in hand54/58€14k€13k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€76k€41k▼
Equity10/15€16k€17k▲
Contributions10/11€3k€3k=
Reserves13€14k€14k▲
Distributable reserves133€14k€14k▲
Amounts payable17/49€60k€24k▼
Amounts payable within one year42/48€60k€24k▼
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Taxes, remuneration and social security45€18k€10k▼
Taxes450/3€18k€10k▼
Other amounts payable47/48€36k€10k▼
Accrued charges and deferred income492/3€6€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€740€1k▲
Non-recurring operating charges66A€16-
Gross operating margin9900€64k€16k▼
Operating profit (loss)9901€61k€14k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€198€169▼
Recurring financial charges65€198€169▼
Profit (loss) for the period before taxes9903€61k€14k▼
Income taxes67/77€13k€4k▼
Profit (loss) for the period9904€48k€10k▼
Profit (loss) for the period to be appropriated9905€48k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€10k▼
Transfer to equity691/2€8k€344▼
To other reserves6921€8k€344▼
Profit to be distributed694/7€40k€10k▼
Return on contributions (dividend)694€40k€10k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €3k | €2k | €1k | ▼ 38.7% |
| Other operating charges640/8 | €1k | €2k | €770 | €740 | €1k | ▲ 67.2% |
| Non-recurring operating charges66A | - | - | - | €16 | - | - |
| Gross operating margin9900 | €54k | €17k | €67k | €64k | €16k | ▼ 74.0% |
| Operating profit (loss)9901 | €51k | €13k | €63k | €61k | €14k | ▼ 76.8% |
| Financial income75/76B | - | €0 | €0 | €0 | €0 | ▼ 56.5% |
| Recurring financial income75 | - | €0 | €0 | €0 | €0 | ▼ 56.5% |
| Financial charges65/66B | €118 | €333 | €274 | €198 | €169 | ▼ 14.7% |
| Recurring financial charges65 | €118 | €333 | €274 | €198 | €169 | ▼ 14.7% |
| Profit (loss) for the period before taxes9903 | €51k | €13k | €62k | €61k | €14k | ▼ 77.0% |
| Income taxes67/77 | €11k | €4k | €14k | €13k | €4k | ▼ 72.2% |
| Profit (loss) for the period9904 | €40k | €9k | €49k | €48k | €10k | ▼ 78.3% |
| Profit (loss) for the period to be appropriated9905 | €40k | €9k | €49k | €48k | €10k | ▼ 78.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €77k | €81k | €78k | €76k | €41k | ▼ 46.7% |
| Fixed assets21/28 | €7k | €6k | €5k | €3k | €4k | ▲ 24.7% |
| Tangible fixed assets22/27 | €7k | €6k | €5k | €3k | €4k | ▲ 24.7% |
| Furniture and vehicles24 | €416 | €2k | €3k | €3k | €4k | ▲ 34.9% |
| Leasing and similar rights25 | €5k | €3k | €767 | - | - | - |
| Other tangible fixed assets26 | €988 | €884 | €781 | €678 | €575 | ▼ 15.2% |
| Current assets29/58 | €70k | €75k | €73k | €73k | €37k | ▼ 50.0% |
| Amounts receivable within one year40/41 | €50k | €41k | €55k | €57k | €21k | ▼ 63.8% |
| Trade receivables40 | €50k | €41k | €55k | €57k | €16k | ▼ 71.3% |
| Other amounts receivable41 | - | €24 | - | - | €4k | - |
| Cash at bank and in hand54/58 | €13k | €34k | €17k | €14k | €13k | ▼ 7.4% |
| Deferred charges and accrued income490/1 | €7k | €553 | €1k | €1k | €2k | ▲ 113% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €77k | €81k | €78k | €76k | €41k | ▼ 46.7% |
| Equity10/15 | €46k | €10k | €9k | €16k | €17k | ▲ 2.1% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves13 | €44k | €7k | €6k | €14k | €14k | ▲ 2.5% |
| Distributable reserves133 | €44k | €7k | €6k | €14k | €14k | ▲ 2.5% |
| Amounts payable17/49 | €30k | €71k | €69k | €60k | €24k | ▼ 60.1% |
| Amounts payable within one year42/48 | €30k | €71k | €69k | €60k | €24k | ▼ 60.1% |
| Current portion of amounts payable after more than one year42 | €6k | €4k | €2k | - | - | - |
| Trade debts44 | €1,000 | €221 | €1k | €6k | €4k | ▼ 44.4% |
| Suppliers440/4 | €1,000 | €221 | €1k | €6k | €4k | ▼ 44.4% |
| Taxes, remuneration and social security45 | €23k | €29k | €22k | €18k | €10k | ▼ 41.3% |
| Taxes450/3 | €23k | €29k | €22k | €18k | €10k | ▼ 41.3% |
| Other amounts payable47/48 | €640 | €38k | €44k | €36k | €10k | ▼ 72.3% |
| Accrued charges and deferred income492/3 | €0 | €42 | €6 | €6 | €0 | ▼ 97.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40k | €9k | €49k | €48k | €10k | ▼ 78.3% |
| + Depreciation and write-downs630 | €2k | €3k | €3k | €2k | €1k | ▼ 38.7% |
| Operating cash flow (approximation) | €42k | €11k | €52k | €50k | €11k | ▼ 76.9% |
| Investment in fixed assets (approximation) | - | €-2k | €-2k | €-463 | €-2k | ▼ 315% |
| Change in cash | - | €20k | €-17k | €-2k | €-1k | ▲ 54.4% |
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
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €49k ▲457%
Operating result €63k, net result €49k, both a record.
29-08
State Gazette act
Board meeting · General meeting
Director reappointment · Mandate compensation
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
03-06
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
Financial milestoneState Gazette actNBB 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.
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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, Heers · 1 establishment unit since 2020
Ground area
1,468 m²
Building footprint
194 m²
Volume, LiDAR
1,191 m³
Parcel 73022B0279/00Z000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MX EVOLUTION
since 20202.391.176.197
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73022B0279/00Z000 | Flanders | 1,468 m² | 1 · 194 m² | 9.4 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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 28,659 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
70100Activities of head offices
Contact
E-mail
xhonm@hotmail.com
Phone
0474776824
Scores and ratios are computed by Checked and are not a credit decision.