RESOURCES EVOLUTION
ActiveSummary
The computed 12-month bankruptcy probability of RESOURCES EVOLUTION is 2.3% (moderate). The 2025 annual accounts show equity of €5.09M and a net result of €604k. Equity is shrinking by ~15.5% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability62▼-18
Solvency90▼-6
Growth38▼-47
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €350k at 30 days acceptable
Liquidity ample (current ratio 2.87 against 3.39 in 2024; short-term debt: 34.2% and cash: 55.7% of total assets), and 35.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
64.9%
Return on assets
7.7%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-02-2026, 24 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 · 3 filingsDeviation from the deadline
2025
24 d late
2024
18 d late
2023
5 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, unclassified schema
Turnover
€52.65M▼ 37.6%
2024 · €84.44M
2023: €66.70M
2024: €84.44M▲ +26.6% vs 2023highest in 3 years
2025: €52.65M▼ -37.6% vs 2024lowest in 3 years
2023 → 2025
EBIT margin
2.1%▼ 3.1pp
2024 · 5.2%
2023: 1.6%lowest in 3 years
2024: 5.2%▲ +233% vs 2023highest in 3 years
2025: 2.1%▼ -59.5% vs 2024
2023 → 2025
Net result
€604k▼ 79.4%
2024 · €2.94M
2023: €206klowest in 3 years
2024: €2.94M▲ +1324% vs 2023highest in 3 years
2025: €604k▼ -79.4% vs 2024
2023 → 2025
Working capital
€5.00M▼ 31.9%
2024 · €7.34M
2023: €7.38Mhighest in 3 years
2024: €7.34M▼ -0.5% vs 2023
2025: €5.00M▼ -31.9% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€66.70M-€84.44M▲ 26.6%€52.65M▼ 37.6%
2023: €66.70M
2024: €84.44M▲ +26.6% vs 2023highest in 3 years
2025: €52.65M▼ -37.6% vs 2024lowest in 3 years
Equity€7.38M-€7.49M▲ 1.5%€5.09M▼ 32.0%
2023: €7.38M
2024: €7.49M▲ +1.5% vs 2023highest in 3 years
2025: €5.09M▼ -32.0% vs 2024lowest in 3 years
Operating result€1.05M-€4.40M▲ 321%€1.11M▼ 74.7%
2023: €1.05Mlowest in 3 years
2024: €4.40M▲ +321% vs 2023highest in 3 years
2025: €1.11M▼ -74.7% vs 2024
Net result€206k-€2.94M▲ 1,324%€604k▼ 79.4%
2023: €206klowest in 3 years
2024: €2.94M▲ +1324% vs 2023highest in 3 years
2025: €604k▼ -79.4% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 75% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.84M
Fixed assets
€163k ▼ 1.8%
Current assets
€7.68M ▼ 26.3%
Equity and liabilities €7.84M
Equity
€5.09M ▼ 32.0%
Debt
€2.75M ▼ 11.0%
Debt's share of the balance-sheet total rises from 29.2% to 35.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.12M▼
2024 · €4.41M
Cash flow
€609k▼
2024 · €2.94M
Current ratio
2.87▼
2024 · 3.39
Quick ratio
2.61▼
2024 · 3.14
Debt to equity
0.54▲
2024 · 0.41
ROE
11.9%▼
2024 · 39.2%
ROA
7.7%▼
2024 · 27.7%
Interest coverage
9.40▲
2024 · 8.77
Debt ≤ 1 year
€2.68M▼
2024 · €3.07M
Income taxes
€358k▼
2024 · €1.09M
Staff costs
€820k▲
2024 · €719k
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 · 65 lines
Balance sheet
Code20242025
Assets
Total assets20/58€10.58M€7.84M▼
Fixed assets21/28€166k€163k▼
Tangible fixed assets22/27€61k€57k▼
Furniture and vehicles24€7k€2k▼
Other tangible fixed assets26€8k€7k▼
Assets under construction and advance payments27€46k€47k▲
Financial fixed assets28€105k€105k▲
Affiliated companies280/1€94k€94k=
Participating interests280€94k€94k=
Other financial fixed assets284/8€11k€12k▲
Amounts receivable and cash guarantees285/8€11k€12k▲
Current assets29/58€10.42M€7.68M▼
Stocks and contracts in progress3€750k€687k▼
Stocks30/36€750k€687k▼
Goods purchased for resale34€100k€687k▲
Advance payments36€650k-
Amounts receivable within one year40/41€1.02M€2.56M▲
Trade receivables40€908k€2.11M▲
Other amounts receivable41€116k€452k▲
Cash at bank and in hand54/58€8.61M€4.37M▼
Deferred charges and accrued income490/1€37k€59k▲
Equity and liabilities
Total equity and liabilities10/49€10.58M€7.84M▼
Equity10/15€7.49M€5.09M▼
Contributions10/11€4.35M€1.35M▼
Profit (loss) carried forward14€3.14M€3.75M▲
Amounts payable17/49€3.09M€2.75M▼
Amounts payable within one year42/48€3.07M€2.68M▼
Financial debts43-€235k
Credit institutions430/8-€235k
Trade debts44€1.30M€1.70M▲
Suppliers440/4€1.30M€1.70M▲
Advances received on contracts in progress46€428k-
Taxes, remuneration and social security45€1.35M€746k▼
Taxes450/3€1.09M€494k▼
Remuneration and social security454/9€258k€253k▼
Accrued charges and deferred income492/3€20k€71k▲
Income statement
Code20242025
Operating income70/76A€84.53M€52.84M▼
Turnover70€84.44M€52.65M▼
Other operating income74€84k€194k▲
Operating charges60/66A€80.12M€51.73M▼
Goods for resale, raw materials and consumables60€76.57M€47.91M▼
Purchases600/8€76.66M€48.49M▼
Change in stocks: decrease (increase)609€-92k€-587k▼
Services and other goods61€2.78M€2.58M▼
Remuneration, social security and pensions62€719k€820k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€50k-
Other operating charges640/8€393€423k▲
Operating profit (loss)9901€4.40M€1.11M▼
Financial income75/76B€147k€68k▼
Recurring financial income75€147k€68k▼
Income from current assets751€46k€68k▲
Other financial income752/9€102k€1▼
Financial charges65/66B€520k€219k▼
Recurring financial charges65€520k€219k▼
Debt charges650€503k€119k▼
Other financial charges652/9€17k€100k▲
Profit (loss) for the period before taxes9903€4.03M€962k▼
Income taxes67/77€1.09M€358k▼
Taxes670/3€1.09M€358k▼
Profit (loss) for the period9904€2.94M€604k▼
Profit (loss) for the period to be appropriated9905€2.94M€604k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.14M€3.75M▲
Profit (loss) brought forward from the previous period14P€206k€3.14M▲
Social balance
Average headcount (FTE)90872.92.9=
The notes to these accounts (39 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Operating income70/76A | €66.71M | €84.53M | €52.84M | ▼ 37.5% |
| Turnover70 | €66.70M | €84.44M | €52.65M | ▼ 37.6% |
| Other operating income74 | €7k | €84k | €194k | ▲ 131% |
| Operating charges60/66A | €65.66M | €80.12M | €51.73M | ▼ 35.4% |
| Goods for resale, raw materials and consumables60 | €63.08M | €76.57M | €47.91M | ▼ 37.4% |
| Purchases600/8 | €63.09M | €76.66M | €48.49M | ▼ 36.7% |
| Change in stocks: decrease (increase)609 | €-8k | €-92k | €-587k | ▼ 537% |
| Services and other goods61 | €2.11M | €2.78M | €2.58M | ▼ 7.2% |
| Remuneration, social security and pensions62 | €466k | €719k | €820k | ▲ 14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €5k | = |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €50k | - | - |
| Other operating charges640/8 | €348 | €393 | €423k | ▲ 107,601% |
| Operating profit (loss)9901 | €1.05M | €4.40M | €1.11M | ▼ 74.7% |
| Financial income75/76B | €14k | €147k | €68k | ▼ 53.6% |
| Recurring financial income75 | €14k | €147k | €68k | ▼ 53.6% |
| Income from current assets751 | - | €46k | €68k | ▲ 49.5% |
| Other financial income752/9 | €14k | €102k | €1 | ▼ 100.0% |
| Financial charges65/66B | €766k | €520k | €219k | ▼ 57.8% |
| Recurring financial charges65 | €766k | €520k | €219k | ▼ 57.8% |
| Debt charges650 | €544k | €503k | €119k | ▼ 76.3% |
| Other financial charges652/9 | €221k | €17k | €100k | ▲ 492% |
| Profit (loss) for the period before taxes9903 | €294k | €4.03M | €962k | ▼ 76.1% |
| Income taxes67/77 | €88k | €1.09M | €358k | ▼ 67.3% |
| Taxes670/3 | €88k | €1.09M | €358k | ▼ 67.3% |
| Profit (loss) for the period9904 | €206k | €2.94M | €604k | ▼ 79.4% |
| Profit (loss) for the period to be appropriated9905 | €206k | €2.94M | €604k | ▼ 79.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €8.47M | €10.58M | €7.84M | ▼ 25.9% |
| Fixed assets21/28 | €62k | €166k | €163k | ▼ 1.8% |
| Tangible fixed assets22/27 | €54k | €61k | €57k | ▼ 5.7% |
| Furniture and vehicles24 | €11k | €7k | €2k | ▼ 63.4% |
| Other tangible fixed assets26 | €9k | €8k | €7k | ▼ 11.9% |
| Assets under construction and advance payments27 | €34k | €46k | €47k | ▲ 4.0% |
| Financial fixed assets28 | €8k | €105k | €105k | ▲ 0.5% |
| Affiliated companies280/1 | - | €94k | €94k | = |
| Participating interests280 | - | €94k | €94k | = |
| Other financial fixed assets284/8 | €8k | €11k | €12k | ▲ 4.2% |
| Amounts receivable and cash guarantees285/8 | €8k | €11k | €12k | ▲ 4.2% |
| Current assets29/58 | €8.41M | €10.42M | €7.68M | ▼ 26.3% |
| Stocks and contracts in progress3 | €8k | €750k | €687k | ▼ 8.4% |
| Stocks30/36 | €8k | €750k | €687k | ▼ 8.4% |
| Goods purchased for resale34 | €8k | €100k | €687k | ▲ 585% |
| Advance payments36 | - | €650k | - | - |
| Amounts receivable within one year40/41 | €3.14M | €1.02M | €2.56M | ▲ 150% |
| Trade receivables40 | €2.99M | €908k | €2.11M | ▲ 133% |
| Other amounts receivable41 | €145k | €116k | €452k | ▲ 290% |
| Cash at bank and in hand54/58 | €5.23M | €8.61M | €4.37M | ▼ 49.2% |
| Deferred charges and accrued income490/1 | €32k | €37k | €59k | ▲ 61.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €8.47M | €10.58M | €7.84M | ▼ 25.9% |
| Equity10/15 | €7.38M | €7.49M | €5.09M | ▼ 32.0% |
| Contributions10/11 | €7.17M | €4.35M | €1.35M | ▼ 69.0% |
| Profit (loss) carried forward14 | €206k | €3.14M | €3.75M | ▲ 19.2% |
| Amounts payable17/49 | €1.09M | €3.09M | €2.75M | ▼ 11.0% |
| Amounts payable within one year42/48 | €1.03M | €3.07M | €2.68M | ▼ 12.8% |
| Financial debts43 | - | - | €235k | - |
| Credit institutions430/8 | - | - | €235k | - |
| Trade debts44 | €785k | €1.30M | €1.70M | ▲ 30.9% |
| Suppliers440/4 | €785k | €1.30M | €1.70M | ▲ 30.9% |
| Advances received on contracts in progress46 | - | €428k | - | - |
| Taxes, remuneration and social security45 | €241k | €1.35M | €746k | ▼ 44.6% |
| Taxes450/3 | €104k | €1.09M | €494k | ▼ 54.7% |
| Remuneration and social security454/9 | €137k | €258k | €253k | ▼ 1.9% |
| Accrued charges and deferred income492/3 | €64k | €20k | €71k | ▲ 261% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €206k | €2.94M | €604k | ▼ 79.4% |
| + Depreciation and write-downs630 | €4k | €5k | €5k | = |
| Operating cash flow (approximation) | €210k | €2.94M | €609k | ▼ 79.3% |
| Investment in fixed assets (approximation) | - | €-108k | €-2k | ▲ 97.9% |
| Change in cash | - | €3.38M | €-4.23M | ▼ 225% |
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
30-07
State Gazette act
Appointment: LVM Audit Services srl (statutory auditor)Permanent representative: Véronique LEBRUN3 facts ▸
State Gazette act
Appointment: LVM Audit Services srl (statutory auditor)
Permanent representative: Véronique LEBRUN3 facts ▸
- General meeting, 19/02/2026
- Auditor appointment, LVM Audit Services srl (statutory auditor)
- Permanent representative, Véronique LEBRUN
24-02
NBB filing
Annual accounts filed
fiscal year 2025 · unclassified schema · 24 days late
2025
18-02
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 18 days late
2024
30-06
Financial
Highest result since 2023net €2.94M ▲1,324%
Operating result €4.40M, net result €2.94M, both a record.
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 2022
Ground area
3,929 m²
Building footprint
1,150 m²
Volume, LiDAR
28,081 m³
Parcel 21332B0081/00H002, Brussels · tallest building 30.4 m, ±9 floors. Linked by address, not a title deed.
170
companies at this address
See who is registered here
1 establishment unit
RESOURCES EVOLUTION
since 20222.333.807.330
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0081/00H002 | Brussels | 3,929 m² | 1 · 1,150 m² | 30.4 m · 9 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.
Statutory auditor
1 auditor| LVM Audit Services, Réviseurs d'entreprisesCurrent Statutory auditor · represented by Véronique LEBRUN | 30-07-2026 → present |
Recognitions · licences · registrations
Legal Entity Identifier
254900MV5ENCNT0JVS11
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Of 537 companies in sector 46120 we hold annual accounts for 304. 101 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
Founded01-07-2022
Fiscal year end30-06
Activities, NACEBEL 2025
46120Wholesale trade
46810Wholesale of solid, liquid and gaseous fuels and related products
46820Wholesale trade
52249Warehousing and support activities for transportation
52250Logistics services
Scores and ratios are computed by Checked and are not a credit decision.