404
ActiveSummary
404 has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €254k and a net result of €52k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 92.88 against 97.75 in 2024; short-term debt: 1.1% and cash: 65.1% of total assets), and 1.1% 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○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 →
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
98.9%
Return on assets
20.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
29 d late
2022
32 d late
2021
3 d early
2020
25 d early
2019
1 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
€254k▲ 25.7%
2024 · €202k
2018: €150k
2019: €171k▲ +14.2% vs 2018
2020: €180k▲ +4.9% vs 2019
2021: €130k▼ -27.9% vs 2020lowest in 8 years
2022: €139k▲ +7.4% vs 2021
2023: €177k▲ +27.5% vs 2022
2024: €202k▲ +14.0% vs 2023
2025: €254k▲ +25.7% vs 2024highest in 8 years
2018 → 2025
Total assets
€257k▲ 25.8%
2024 · €204k
2018: €201k
2019: €181k▼ -10.0% vs 2018
2020: €189k▲ +4.4% vs 2019
2021: €138k▼ -26.8% vs 2020lowest in 8 years
2022: €146k▲ +5.5% vs 2021
2023: €185k▲ +27.3% vs 2022
2024: €204k▲ +10.3% vs 2023
2025: €257k▲ +25.8% vs 2024highest in 8 years
2018 → 2025
Net result
€52k▲ 28.1%
2024 · €41k
2018: €18klowest in 8 years
2019: €21k▲ +18.1% vs 2018
2020: €29k▲ +34.8% vs 2019
2021: €25k▼ -14.3% vs 2020
2022: €34k▲ +38.7% vs 2021
2023: €38k▲ +11.8% vs 2022
2024: €41k▲ +6.1% vs 2023
2025: €52k▲ +28.1% vs 2024highest in 8 years
2018 → 2025
Working capital
€251k▲ 25.6%
2024 · €199k
2018: €136k
2019: €162k▲ +19.8% vs 2018
2020: €176k▲ +8.1% vs 2019
2021: €128k▼ -27.0% vs 2020lowest in 8 years
2022: €138k▲ +7.9% vs 2021
2023: €173k▲ +25.0% vs 2022
2024: €199k▲ +15.2% vs 2023
2025: €251k▲ +25.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€130k-€139k▲ 7.4%€177k▲ 27.5%€202k▲ 14.0%€254k▲ 25.7%
2021: €130klowest in 5 years
2022: €139k▲ +7.4% vs 2021
2023: €177k▲ +27.5% vs 2022
2024: €202k▲ +14.0% vs 2023
2025: €254k▲ +25.7% vs 2024highest in 5 years
Operating result€34k-€47k▲ 36.0%€54k▲ 14.7%€56k▲ 5.1%€66k▲ 16.6%
2021: €34klowest in 5 years
2022: €47k▲ +36.0% vs 2021
2023: €54k▲ +14.7% vs 2022
2024: €56k▲ +5.1% vs 2023
2025: €66k▲ +16.6% vs 2024highest in 5 years
Net result€25k-€34k▲ 38.7%€38k▲ 11.8%€41k▲ 6.1%€52k▲ 28.1%
2021: €25klowest in 5 years
2022: €34k▲ +38.7% vs 2021
2023: €38k▲ +11.8% vs 2022
2024: €41k▲ +6.1% vs 2023
2025: €52k▲ +28.1% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €257k
Fixed assets
€4k ▲ 32.0%
Current assets
€253k ▲ 25.7%
Equity and liabilities €257k
Equity
€254k ▲ 25.7%
Debt
€3k ▲ 32.3%
Debt's share of the balance-sheet total rises from 1.0% to 1.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€67k▲
2024 · €58k
Cash flow
€54k▲
2024 · €42k
Current ratio
92.88▼
2024 · 97.75
Debt to equity
0.01▲
2024 · 0.01
ROE
20.5%▲
2024 · 20.1%
ROA
20.2%▲
2024 · 19.9%
Interest coverage
434.47▲
2024 · 87.78
Debt ≤ 1 year
€3k▲
2024 · €2k
Income taxes
€20k▲
2024 · €16k
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€204k€257k▲
Fixed assets21/28€3k€4k▲
Tangible fixed assets22/27€3k€4k▲
Furniture and vehicles24€3k€4k▲
Current assets29/58€202k€253k▲
Amounts receivable within one year40/41€13k€20k▲
Trade receivables40€10k€18k▲
Other amounts receivable41€3k€2k▼
Current investments50/53€66k€66k=
Cash at bank and in hand54/58€122k€167k▲
Deferred charges and accrued income490/1€532€567▲
Equity and liabilities
Total equity and liabilities10/49€204k€257k▲
Equity10/15€202k€254k▲
Contributions10/11€12k€12k=
Reserves13€190k€242k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€188k€240k▲
Amounts payable17/49€2k€3k▲
Amounts payable within one year42/48€2k€3k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€386€982▲
Taxes450/3€386€982▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€593€611▲
Gross operating margin9900€59k€68k▲
Operating profit (loss)9901€56k€66k▲
Financial income75/76B€409€6k▲
Recurring financial income75€409€6k▲
Financial charges65/66B€661€155▼
Recurring financial charges65€661€155▼
Profit (loss) for the period before taxes9903€56k€72k▲
Income taxes67/77€16k€20k▲
Profit (loss) for the period9904€41k€52k▲
Profit (loss) for the period to be appropriated9905€41k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€52k▲
Transfer from equity791/2€16k-
Transfer to equity691/2€41k€52k▲
To other reserves6921€41k€52k▲
Profit to be distributed694/7€16k-
Return on contributions (dividend)694€16k-
The notes to these accounts (5 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 | €4k | €594 | €1k | €2k | €2k | ▼ 0.7% |
| Other operating charges640/8 | €523 | €532 | €582 | €593 | €611 | ▲ 3.0% |
| Gross operating margin9900 | €39k | €48k | €55k | €59k | €68k | ▲ 16.0% |
| Operating profit (loss)9901 | €34k | €47k | €54k | €56k | €66k | ▲ 16.6% |
| Financial income75/76B | €740 | €1k | €216 | €409 | €6k | ▲ 1,443% |
| Recurring financial income75 | €740 | €1k | €216 | €409 | €6k | ▲ 1,443% |
| Financial charges65/66B | €621 | €598 | €894 | €661 | €155 | ▼ 76.5% |
| Recurring financial charges65 | €621 | €598 | €894 | €661 | €155 | ▼ 76.5% |
| Profit (loss) for the period before taxes9903 | €35k | €48k | €53k | €56k | €72k | ▲ 28.1% |
| Income taxes67/77 | €10k | €13k | €15k | €16k | €20k | ▲ 28.1% |
| Profit (loss) for the period9904 | €25k | €34k | €38k | €41k | €52k | ▲ 28.1% |
| Profit (loss) for the period to be appropriated9905 | €25k | €34k | €38k | €41k | €52k | ▲ 28.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €138k | €146k | €185k | €204k | €257k | ▲ 25.8% |
| Fixed assets21/28 | €1k | €700 | €4k | €3k | €4k | ▲ 32.0% |
| Tangible fixed assets22/27 | €1k | €700 | €4k | €3k | €4k | ▲ 32.0% |
| Furniture and vehicles24 | €1k | €700 | €4k | €3k | €4k | ▲ 32.0% |
| Current assets29/58 | €137k | €145k | €181k | €202k | €253k | ▲ 25.7% |
| Amounts receivable within one year40/41 | €14k | €11k | €12k | €13k | €20k | ▲ 51.9% |
| Trade receivables40 | €13k | €10k | €11k | €10k | €18k | ▲ 74.0% |
| Other amounts receivable41 | €796 | €450 | €2k | €3k | €2k | ▼ 31.6% |
| Current investments50/53 | €19k | €37k | €54k | €66k | €66k | = |
| Cash at bank and in hand54/58 | €102k | €97k | €114k | €122k | €167k | ▲ 36.9% |
| Deferred charges and accrued income490/1 | €1k | €643 | €551 | €532 | €567 | ▲ 6.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €138k | €146k | €185k | €204k | €257k | ▲ 25.8% |
| Equity10/15 | €130k | €139k | €177k | €202k | €254k | ▲ 25.7% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €117k | €127k | €165k | €190k | €242k | ▲ 27.4% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €115k | €125k | €163k | €188k | €240k | ▲ 27.7% |
| Profit (loss) carried forward14 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €8k | €6k | €8k | €2k | €3k | ▲ 32.3% |
| Amounts payable within one year42/48 | €8k | €6k | €8k | €2k | €3k | ▲ 32.3% |
| Trade debts44 | €2k | €2k | €6k | €2k | €2k | ▲ 4.2% |
| Suppliers440/4 | €2k | €2k | €6k | €2k | €2k | ▲ 4.2% |
| Taxes, remuneration and social security45 | €6k | €5k | €2k | €386 | €982 | ▲ 154% |
| Taxes450/3 | €6k | €2k | €2k | €386 | €982 | ▲ 154% |
| Remuneration and social security454/9 | - | €3k | - | - | - | - |
| Other amounts payable47/48 | €291 | €286 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €34k | €38k | €41k | €52k | ▲ 28.1% |
| + Depreciation and write-downs630 | €4k | €594 | €1k | €2k | €2k | ▼ 0.7% |
| Operating cash flow (approximation) | €29k | €35k | €39k | €42k | €54k | ▲ 27.0% |
| Investment in fixed assets (approximation) | - | €0 | €-5k | €0 | €-2k | - |
| Change in cash | - | €-6k | €17k | €8k | €45k | ▲ 439% |
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
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €52k ▲28.1%
Operating result €66k, net result €52k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 97.75
Current ratio from 23.03 to 97.75; short-term debt falls from €8k to €2k.
31-12
Financial
Equity above €200kEq €202k ▲14%
7 profitable years in a row build equity to €202k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €150kEq €177k ▲27.5%
6 profitable years in a row build equity to €177k.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 5current ratio 18.51
Current ratio from 3.67 to 18.51; short-term debt falls from €51k to €9k.
Show earlier events
31-12
Financial
Equity above €150kEq €171k ▲14.2%
2 profitable years in a row build equity to €171k.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
Financial milestoneNBB 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, Tielt-Winge · 1 establishment unit since 2009
Ground area
6,431 m²
Building footprint
1,761 m²
Volume, LiDAR
13,386 m³
2 parcels, Flanders · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
404
since 20092.181.976.002
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24434F0167/00X000 | Flanders | 4,137 m² | 1 · 1,197 m² | 14.1 m · 4 fl. |
| 24106C0421/00B002 | Flanders | 2,294 m² | 1 · 564 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
875500XH0FNQEJWA8735
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,164 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 (pre-2019)
Founded02-10-2009
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
63100Computing infrastructure, data processing, hosting and related activities
Contact
E-mail
jeroen@coekaerts.beLeuven
Phone
0473/38.06.53Leuven
Scores and ratios are computed by Checked and are not a credit decision.