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13 ANALYTICS

Active
Private limited companyfounded 2022active for 3 yearsKantersteen 47, 1000 Brussels, BelgiumKBO/BCE: BE 0793.625.987
Summary

13 ANALYTICS has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101,126 and a net result of €3,211. Equity has been growing by about 46% per year since 2023. Its solvency ranks better than 84% of 21,166 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 16-11-2022 Normal situation
Registered office
264 active companies are registered at this address 27 started in the 12 months before. Source: KBO register, as of 5 November 2026.
Activity
Computer consultancy and computer facilities management NACE 62200and 2 others
Establishment unit
2.338.156.492 1000 Brussels, since 16-11-2022
Financial year end
31 December
Peppol
Reachable since 03-08-2025

Board and ownership

Board
Shareholders
  • LIPPENS Olivier Maxdeed of 18-11-2022

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€62,182
▼ 11.2%
Turnover
≈ €120,000
estimated
Profit
€3,211
▼ 93.8%
Equity
€101,126
▲ 3.3%
Total assets
€116,628
▲ 2.6%
Score breakdownlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 7.31, cash €62,388Equity €101,126 (86.7% of total assets)Size: total assets €116,628Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 60% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 86.7% of total assets
Liquidity 98=
short-term debt 13.3% · cash 53.5%
Profitability 32-68
return on assets 2.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (25,917 companies, NACE 62, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.31 (6.89 in 2024), above the usual 1.5. Short-term debt is 13.3% and cash 53.5% of total assets. 13.3% of the assets are financed with debt and provisions.
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 (NACE 62, micro). It does better than 85% of them on solvency, 89% on liquidity, 17% on profitability and 48% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 7.31, cash €62,388
NBB · annual accounts
lowers risk · Equity €101,126 (86.7% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €116,628
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 · 3 filings
Deviation from the deadline
2025
72 days early
2024
66 days early
2023
137 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 92 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed 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. The company usually files around 20 May (3 of the last 3 accounts filed within 64 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 20-05-2026 PDF all 3 filings

Turnover
≈ €120,000
Estimated: probably between €110,000 and €160,000
Total assets
€116,628▲ 2.6%
2024 · €113,650
Net result
€3,211▼ 93.8%
2024 · €51,378
Working capital
€97,852▲ 5.6%
2024 · €92,655
Multi-year overview
2023 to 2025, 3 financial years
Operating result
€59,222
▼ 13.2% 2025
20232025
Net result
€3,211
▼ 93.8% 2025
lowest quarter of the sector
20232025
Equity
€101,126
▲ 3.3% 2025
middle half of the sector
20232025
Total assets
€116,628
▲ 2.6% 2025
middle half of the sector
20232025
Debt
€15,502
▼ 1.5% 2025
20232025
Working capital
€97,852
▲ 5.6% 2025
middle half of the sector
20232025
Solvency
86.7%
▲ 0.6pp 2025
highest quarter of the sector
20232025
Current ratio
7.31
▲ 0.42 2025
highest quarter of the sector
20232025
Return on assets (ROA)
2.8%
▼ 42.5pp 2025
lowest quarter of the sector
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€53,611-€68,250▲ 27.3%€59,222▼ 13.2%
Net result€40,629within the sector's middle half-€51,378within the sector's middle half▲ 26.5%€3,211below the sector's middle half▼ 93.8%
Equity€47,396within the sector's middle half-€97,915within the sector's middle half▲ 107%€101,126within the sector's middle half▲ 3.3%
Total assets€66,768below the sector's middle half-€113,650within the sector's middle half▲ 70.2%€116,628within the sector's middle half▲ 2.6%
Debt€19,372-€15,734▼ 18.8%€15,502▼ 1.5%
Working capital€43,150within the sector's middle half-€92,655within the sector's middle half▲ 115%€97,852within the sector's middle half▲ 5.6%
Solvency71.0%within the sector's middle half-86.2%above the sector's middle half▲ 15.2pp86.7%above the sector's middle half▲ 0.6pp
Current ratio3.23within the sector's middle half-6.89above the sector's middle half▲ 3.667.31above the sector's middle half▲ 0.42
Return on assets (ROA)60.9%above the sector's middle half-45.2%above the sector's middle half▼ 15.6pp2.8%below the sector's middle half▼ 42.5pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 13% lower than in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116,628
Fixed assets €3,274 ▼ 37.9%
Current assets €113,354 ▲ 4.6%
Equity and liabilities €116,628
Equity €101,126 ▲ 3.3%
Debt €15,502 ▼ 1.5%
Debt's share of the balance-sheet total falls from 13.8% to 13.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€61,217▼
2024 · €69,539
Cash flow
€5,205▼
2024 · €52,668
Debt to equity
0.15▼
2024 · 0.16
ROE
3.2%▼
2024 · 52.5%
Interest coverage
1.14▼
2024 · 25.36
Debt ≤ 1 year
€15,502▼
2024 · €15,726
Income taxes
€2,221▼
2024 · €14,170
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item202320242025
Tangible fixed assets€4,559€2,312-
Financial fixed assets€200-€0
Depreciation and write-downs of the year€512€1,289€1,995

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€113,650€116,628▲
Fixed assets21/28€5,269€3,274▼
Tangible fixed assets22/27€5,069€3,074▼
Furniture and vehicles24€5,069€3,074▼
Financial fixed assets28€200€200=
Current assets29/58€108,381€113,354▲
Amounts receivable within one year40/41€37,601€47,555▲
Trade receivables40€31,763€31,763=
Other amounts receivable41€5,839€15,793▲
Cash at bank and in hand54/58€68,461€62,388▼
Deferred charges and accrued income490/1€2,318€3,411▲
Equity and liabilities
Total equity and liabilities10/49€113,650€116,628▲
Equity10/15€97,915€101,126▲
Contributions10/11€7,600€7,600=
Reserves13€90,000€93,500▲
Distributable reserves133€90,000€93,500▲
Profit (loss) carried forward14€315€26▼
Amounts payable17/49€15,734€15,502▼
Amounts payable within one year42/48€15,726€15,502▼
Trade debts44€4,197€3,341▼
Suppliers440/4€4,197€3,341▼
Taxes, remuneration and social security45€7,125€7,285▲
Taxes450/3€7,125€7,245▲
Remuneration and social security454/9-€40
Other amounts payable47/48€4,403€4,876▲
Accrued charges and deferred income492/3€8€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,289€1,995▲
Other operating charges640/8€506€966▲
Gross operating margin9900€70,045€62,182▼
Operating profit (loss)9901€68,250€59,222▼
Financial income75/76B€40€0▼
Recurring financial income75€40€0▼
Financial charges65/66B€2,742€53,790▲
Recurring financial charges65€2,742€53,790▲
Profit (loss) for the period before taxes9903€65,548€5,432▼
Income taxes67/77€14,170€2,221▼
Profit (loss) for the period9904€51,378€3,211▼
Profit (loss) for the period to be appropriated9905€51,378€3,211▼
Appropriation of the result
Profit (loss) to be appropriated9906€52,174€3,526▼
Profit (loss) brought forward from the previous period14P€796€315▼
Transfer to equity691/2€51,000€3,500▼
To other reserves6921€51,000€3,500▼
Profit to be distributed694/7€859€0▼
Return on contributions (dividend)694€859€0▼

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 20-05-2026.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€512€1,289€1,995▲ 54.7%
Other operating charges640/8€2,827€506€966▲ 91.0%
Gross operating margin9900€56,951€70,045€62,182▼ 11.2%
Operating profit (loss)9901€53,611€68,250€59,222▼ 13.2%
Financial income75/76B-€40€0▼ 100%
Recurring financial income75-€40€0▼ 100%
Financial charges65/66B€1,641€2,742€53,790▲ 20×
Recurring financial charges65€1,641€2,742€53,790▲ 20×
Profit (loss) for the period before taxes9903€51,970€65,548€5,432▼ 91.7%
Income taxes67/77€11,341€14,170€2,221▼ 84.3%
Profit (loss) for the period9904€40,629€51,378€3,211▼ 93.8%
Profit (loss) for the period to be appropriated9905€40,629€51,378€3,211▼ 93.8%
Line202320242025Change
Assets
Total assets20/58€66,768€113,650€116,628▲ 2.6%
Fixed assets21/28€4,246€5,269€3,274▼ 37.9%
Tangible fixed assets22/27€4,046€5,069€3,074▼ 39.4%
Furniture and vehicles24€4,046€5,069€3,074▼ 39.4%
Financial fixed assets28€200€200€200=
Current assets29/58€62,522€108,381€113,354▲ 4.6%
Amounts receivable within one year40/41€16,570€37,601€47,555▲ 26.5%
Trade receivables40€15,507€31,763€31,763=
Other amounts receivable41€1,063€5,839€15,793▲ 170%
Cash at bank and in hand54/58€43,552€68,461€62,388▼ 8.9%
Deferred charges and accrued income490/1€2,400€2,318€3,411▲ 47.2%
Equity and liabilities
Total equity and liabilities10/49€66,768€113,650€116,628▲ 2.6%
Equity10/15€47,396€97,915€101,126▲ 3.3%
Contributions10/11€7,600€7,600€7,600=
Reserves13€39,000€90,000€93,500▲ 3.9%
Distributable reserves133€39,000€90,000€93,500▲ 3.9%
Profit (loss) carried forward14€796€315€26▼ 91.7%
Amounts payable17/49€19,372€15,734€15,502▼ 1.5%
Amounts payable within one year42/48€19,372€15,726€15,502▼ 1.4%
Trade debts44€9,122€4,197€3,341▼ 20.4%
Suppliers440/4€9,122€4,197€3,341▼ 20.4%
Taxes, remuneration and social security45€4,612€7,125€7,285▲ 2.2%
Taxes450/3€4,612€7,125€7,245▲ 1.7%
Remuneration and social security454/9--€40-
Other amounts payable47/48€5,638€4,403€4,876▲ 10.7%
Accrued charges and deferred income492/3-€8€0▼ 100%
Line202320242025Change
Profit (loss) for the period9904€40,629€51,378€3,211▼ 93.8%
+ Depreciation and write-downs630€512€1,289€1,995▲ 54.7%
Operating cash flow (approximation)€41,141€52,668€5,205▼ 90.1%
Investment in fixed assets (approximation)--€2,312€0-
Change in cash-€24,909-€6,074-

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, 2,546 companies had the same profile as 13 ANALYTICS has now. Two years later, 94.3% were still going and 2.3% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
94.3% was still going
3.2% stopped otherwise
2.3% went bankrupt

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

The bankruptcy probability of 13 ANALYTICS itself is lower: < 0.1% within 12 months. It rests on far more data about 13 ANALYTICS than the profile alone.

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 2,546 companies, not a prediction for 13 ANALYTICS. 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 (3)
Financial year Type Filed Reference Document
31-12-2025 micro format 20-05-2026 2026-00116055 PDF
31-12-2024 micro format 26-05-2025 2025-00120210 PDF
31-12-2023 micro format 16-03-2024 2024-00045276 PDF

Board & ownership

Directors

Directors
1 director, since incorporation
LIPPENS Olivier Max
Director (not named in the articles) · appointed by deed of 18-11-2022 · term without a fixed end · listed in the 2025 annual accounts, filed on 20-05-2026
Current

Owners and capital

Shareholders

At incorporation deed of 18-11-2022 ↗

Capital transactions

Capital over time
  1. 18-11-2022 Incorporation · €100 · 100 shares

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
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 18-11-2022 (in French)

Network & group

13 ANALYTICS shares no director with another company.

Parent company per the LEI register

Parent company: none declared
13 ANALYTICS declares that natural persons control it, with no company in between that consolidates it.

Own declaration in the LEI register: 254900E7KSBMWSGHJS66 · LEI lapsed

Companies at the same address

263 other companies

Connections & network

1 current director
Depth

The network starts from the directors of 13 ANALYTICS. 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

Deeds, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
20-05
NBB filing Annual accounts 2025 filedPDF
micro format · 72 days before the deadline
2025
31-12
Financial Weakest financial yearnet €3,211 ▼93.8%
The net result drops to €3,211, the lowest from 2023 to 2025.
31-12
Financial Equity above €100,000equity €101,126 ▲3.3%
With a profit in every financial year since 2023, equity grows to €101,126.
26-05
NBB filing Annual accounts 2024 filedPDF
micro format · 66 days before the deadline
2024
31-12
Financial Highest result from 2023 to 2025net €51,378 ▲26.5%
The operating result of €68,250 and the net result of €51,378 are both a record.
31-12
Financial Liquidity more than doubledcurrent ratio 6.89
The current ratio rises from 3.23 to 6.89. Short-term debt falls from €19,372 to €15,726.
16-03
NBB filing Annual accounts 2023 filedPDF
micro format · 137 days before the deadline
2022
18-11
Gazette deed Incorporation
Founding capital of €100, 100 shares · Founder: LIPPENS Olivier Max (comparant) · Appointment: LIPPENS Olivier Max (director)6 points ▸
  • Founder, LIPPENS Olivier Max (comparant)
  • Founding capital, €100, 100 shares
  • 100 shares
  • Registered office clause, Cantersteen 47, 1000 Bruxelles
  • Director appointment, LIPPENS Olivier Max (director (not named in the articles))
  • Permanent representative, LIPPENS Olivier Max
  • The deed holds 8 more points.

Open the deed 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 16 November 2022, 13 ANALYTICS was incorporated as a private limited company by one natural person, with a starting capital of €100.12 LIPPENS Olivier Max is director of the company, appointed by deed of 18-11-2022.2 Total assets went from €66,768 in 2023 to €116,628 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 18-11-2022
  3. 3National Bank, annual accounts 2023 and 2025

Company details

Register details

Identity

KBO record
Name 13 ANALYTICS in French
Enterprise number 0793.625.987
LEI code 254900E7KSBMWSGHJS66 no longer live in the LEI register
Legal form Private limited company
Status Active, normal situation
Founded 16-11-2022
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-11-2022 (in French)
Name clauseThe company operates under this name according to its articles.
13 ANALYTICS
deed of 18-11-2022 (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”
deed of 18-11-2022 (in French)

Registered office and establishments

Registered office Kantersteen 47, 1000 Brussels, Belgium
Establishment unit 13 ANALYTICS, Kantersteen 47, 1000 Brussels since 16-11-2022 · unit number 2.338.156.492
E-mail maxlippens@hotmail.com
Phone +32471777366

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
85592 Vocational training
85599 Other education
Codes under NACEBEL 2008
62020 IT consultancy main activity
85592 Vocational training
85599 Other education
PurposeThe purpose describes the activities the company may carry out under its articles.
“Le conseil et la gestion de produits informatiques et de technologies de l’information”
Text of the purpose

“Le conseil et la gestion de produits informatiques et de technologies de l’information.”

deed of 18-11-2022 (in French)

Invoicing and payment

VAT number BE 0793.625.987
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0793625987
Other Peppol ID 9925:BE0793625987
Registered 03-08-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 5 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.
Last Wednesday of May at 10:00
deed of 18-11-2022 (in French)

Sites & property

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

Buildings and parcels at the address

Ground area
6,828 m²
Building footprint
7,874 m²
Building volume
179,427 m³
Cadastral parcel Region Area Buildings Height / floors
21804D0900/00E002
ProtectedMonumentRavensteingalerijSource ↗
Brussels 6,828 m² 1 · 7,874 m² 44.7 m · 8

1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.