20c
ActiveSummary
20c has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38,968 and a net result of €35,968. Its solvency ranks better than 50% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes
Profitability100
Solvency85
Growth-
Track record67
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 3.14; short-term debt: 23% and cash: 49.6% of total assets), and 40.2% of the assets are financed with debt.
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Signals
Three 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 16-10-2025, 15 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
15 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Equity
€38,968
Total assets
€65,144
Net result
€35,968
Working capital
€32,056
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €65,144
Fixed assets
€18,099
Current assets
€47,045
Equity and liabilities €65,144
Equity
€38,968
Debt
€26,176
Debt finances 40.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€61,116
Cash flow
€48,532
Current ratio
3.14
Debt to equity
0.67
ROE
92.3%
ROA
55.2%
Interest coverage
58.44
Debt ≤ 1 year
€14,989
Debt > 1 year
€11,187
Income taxes
€11,540
Annual accounts
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,564 |
| Other operating charges640/8 | €1,228 |
| Gross operating margin9900 | €62,344 |
| Operating profit (loss)9901 | €48,552 |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €1,046 |
| Recurring financial charges65 | €1,046 |
| Profit (loss) for the period before taxes9903 | €47,507 |
| Income taxes67/77 | €11,540 |
| Profit (loss) for the period9904 | €35,968 |
| Profit (loss) for the period to be appropriated9905 | €35,968 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €65,144 | |
| Fixed assets21/28 | €18,099 | |
| Tangible fixed assets22/27 | €18,099 | |
| Furniture and vehicles24 | €18,099 | |
| Current assets29/58 | €47,045 | |
| Amounts receivable within one year40/41 | €13,764 | |
| Trade receivables40 | €13,764 | |
| Cash at bank and in hand54/58 | €32,302 | |
| Deferred charges and accrued income490/1 | €980 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €65,144 | |
| Equity10/15 | €38,968 | |
| Contributions10/11 | €3,000 | |
| Reserves13 | €35,968 | |
| Distributable reserves133 | €35,968 | |
| Amounts payable17/49 | €26,176 | |
| Amounts payable after more than one year17 | €11,187 | |
| Financial debts170/4 | €11,187 | |
| Amounts payable within one year42/48 | €14,989 | |
| Current portion of amounts payable after more than one year42 | €5,522 | |
| Taxes, remuneration and social security45 | €7,667 | |
| Taxes450/3 | €5,167 | |
| Remuneration and social security454/9 | €2,500 | |
| Other amounts payable47/48 | €1,800 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €35,968 |
| + Depreciation and write-downs630 | €12,564 |
| Operating cash flow (approximation) | €48,532 |
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
2025
16-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
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, Waregem · 1 establishment unit since 2024
Ground area
930 m²
Building footprint
130 m²
Volume, LiDAR
683 m³
Parcel 34006A0393/00X003, Flanders · tallest building 10.6 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
20c
since 20242.356.187.111
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006A0393/00X003 | Flanders | 930 m² | 1 · 130 m² | 10.6 m · 1 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.
Similar companies · same sector, comparable size
DEFLEM
BE 0758.519.511
Keerbergen · Eq €38,977
THE HIDDEN SOURCES
BE 0874.641.179
Braine-l'Alleud · Eq €38,978
IT AND ECOLOGY ADVICE
BE 0654.921.729
Ukkel · Eq €38,989
GRANDIS SOLUTIONS
BE 0427.892.140
Hasselt · Eq €38,990
VAN LOON CONSULTING
BE 1003.297.823
Antwerpen · Eq €38,992
Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 14,953 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
Founded21-02-2024
Fiscal year end31-03
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail
info@20c.be
Scores and ratios are computed by Checked and are not a credit decision.