440px
ActiveSummary
440px has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €77k and a net result of €-5k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 36% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability44▲+44
Solvency73▼-1
Growth73▲+17
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.49 in 2023; short-term debt: 48% and cash: 4.7% of total assets), and 52.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
47.7%
Return on assets
-3.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d late
2023
92 d late
2022
302 d late
2021
25 d late
2020
31 d late
2019
76 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€152k▼ 5.6%
2021 · €161k
2018: €108k
2019: €116k▲ +8.0% vs 2018
2020: €102k▼ -11.9% vs 2019lowest in 5 years
2021: €161k▲ +57.5% vs 2020highest in 5 years
2022: €152k▼ -5.6% vs 2021
2018 → 2022
EBIT margin
8.9%▼ 15.1pp
2021 · 24.0%
2018: -5.9%lowest in 5 years
2019: 16.6%▲ +383% vs 2018
2020: -5.7%▼ -134% vs 2019
2021: 24.0%▲ +522% vs 2020highest in 5 years
2022: 8.9%▼ -62.9% vs 2021
2018 → 2022
Net result
€-5k▲ 81.5%
2023 · €-29k
2018: €-8k
2019: €15k▲ +281% vs 2018
2020: €7k▼ -52.7% vs 2019
2021: €33k▲ +380% vs 2020highest in 7 years
2022: €12k▼ -65.1% vs 2021
2023: €-29k▼ -352% vs 2022lowest in 7 years
2024: €-5k▲ +81.5% vs 2023
2018 → 2024
Working capital
€23k▼ 27.0%
2023 · €32k
2018: €28k
2019: €43k▲ +54.1% vs 2018
2020: €46k▲ +6.7% vs 2019
2021: €62k▲ +36.8% vs 2020
2022: €63k▲ +0.5% vs 2021highest in 7 years
2023: €32k▼ -49.7% vs 2022
2024: €23k▼ -27.0% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€102k-€161k▲ 57.5%€152k▼ 5.6%
2020: €102klowest in 3 years
2021: €161k▲ +57.5% vs 2020highest in 3 years
2022: €152k▼ -5.6% vs 2021
Equity€66k-€100k▲ 50.3%€111k▲ 11.7%€82k▼ 26.3%€77k▼ 6.6%
2020: €66klowest in 5 years
2021: €100k▲ +50.3% vs 2020
2022: €111k▲ +11.7% vs 2021highest in 5 years
2023: €82k▼ -26.3% vs 2022
2024: €77k▼ -6.6% vs 2023
Operating result€-6k-€39k€14k▼ 65.0%€-26k€878
2020: €-6k
2021: €39k▲ +764% vs 2020highest in 5 years
2022: €14k▼ -65.0% vs 2021
2023: €-26k▼ -293% vs 2022lowest in 5 years
2024: €878▲ +103% vs 2023
Net result€7k-€33k▲ 380%€12k▼ 65.1%€-29k€-5k▲ 81.5%
2020: €7k
2021: €33k▲ +380% vs 2020highest in 5 years
2022: €12k▼ -65.1% vs 2021
2023: €-29k▼ -352% vs 2022lowest in 5 years
2024: €-5k▲ +81.5% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €878 after a loss of €26k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €161k
Fixed assets
€61k ▼ 15.6%
Current assets
€100k ▲ 4.7%
Equity and liabilities €161k
Equity
€77k ▼ 6.6%
Debt
€84k ▼ 1.5%
Debt's share of the balance-sheet total rises from 51.0% to 52.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€20k▲
2023 · €-7k
Cash flow
€13k▲
2023 · €-10k
Current ratio
1.30▼
2023 · 1.49
Debt to equity
1.10▲
2023 · 1.04
ROE
-7.1%▲
2023 · -35.7%
ROA
-3.4%▲
2023 · -17.5%
Interest coverage
3.54▲
2023 · -2.69
Debt ≤ 1 year
€77k▲
2023 · €64k
Debt > 1 year
€6k▼
2023 · €21k
Income taxes
€777▲
2023 · €739
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 · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€167k€161k▼
Fixed assets21/28€72k€61k▼
Tangible fixed assets22/27€70k€58k▼
Land and buildings22€21k€25k▲
Plant, machinery and equipment23€12k€10k▼
Furniture and vehicles24€37k€24k▼
Financial fixed assets28€2k€2k=
Current assets29/58€96k€100k▲
Amounts receivable within one year40/41€81k€92k▲
Trade receivables40€16k€15k▼
Other amounts receivable41€65k€78k▲
Cash at bank and in hand54/58€15k€7k▼
Deferred charges and accrued income490/1-€278
Equity and liabilities
Total equity and liabilities10/49€167k€161k▼
Equity10/15€82k€77k▼
Contributions10/11€19k€19k=
Reserves13€6k€6k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€554€554=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€58k€52k▼
Amounts payable17/49€85k€84k▼
Amounts payable after more than one year17€21k€6k▼
Financial debts170/4€21k€6k▼
Amounts payable within one year42/48€64k€77k▲
Current portion of amounts payable after more than one year42€19k€20k▲
Trade debts44€27k€45k▲
Suppliers440/4€27k€45k▲
Taxes, remuneration and social security45€18k€12k▼
Taxes450/3€10k€8k▼
Remuneration and social security454/9€8k€5k▼
Accrued charges and deferred income492/3-€608
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▼
Other operating charges640/8€1k€911▼
Non-recurring operating charges66A€178€198▲
Gross operating margin9900€-5k€21k▲
Operating profit (loss)9901€-26k€878▲
Financial income75/76B€16-
Recurring financial income75€16-
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€-29k€-5k▲
Income taxes67/77€739€777▲
Profit (loss) for the period9904€-29k€-5k▲
Profit (loss) for the period to be appropriated9905€-29k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€58k€52k▼
Profit (loss) brought forward from the previous period14P€87k€58k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €102k | €161k | €152k | - | - | - |
| Non-recurring operating income76A | - | - | €9k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €123k | €130k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €6k | €16k | €19k | €19k | ▼ 4.0% |
| Other operating charges640/8 | - | €2k | €2k | €1k | €911 | ▼ 20.4% |
| Non-recurring operating charges66A | - | - | - | €178 | €198 | ▲ 11.3% |
| Gross operating margin9900 | €1k | €46k | €31k | €-5k | €21k | ▲ 487% |
| Operating profit (loss)9901 | €-6k | €39k | €14k | €-26k | €878 | ▲ 103% |
| Financial income75/76B | - | €6 | €4k | €16 | - | - |
| Recurring financial income75 | €5 | €6 | €4k | €16 | - | - |
| Financial charges65/66B | - | €657 | €2k | €2k | €6k | ▲ 124% |
| Recurring financial charges65 | €2k | €657 | €2k | €2k | €6k | ▲ 124% |
| Profit (loss) for the period before taxes9903 | €7k | €38k | €16k | €-29k | €-5k | ▲ 83.7% |
| Income taxes67/77 | €268 | €5k | €5k | €739 | €777 | ▲ 5.1% |
| Profit (loss) for the period9904 | €7k | €33k | €12k | €-29k | €-5k | ▲ 81.5% |
| Profit (loss) for the period to be appropriated9905 | €7k | €33k | €12k | €-29k | €-5k | ▲ 81.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €89k | €137k | €191k | €167k | €161k | ▼ 4.0% |
| Fixed assets21/28 | €21k | €54k | €84k | €72k | €61k | ▼ 15.6% |
| Tangible fixed assets22/27 | €19k | €52k | €82k | €70k | €58k | ▼ 16.0% |
| Land and buildings22 | - | €26k | €24k | €21k | €25k | ▲ 16.8% |
| Plant, machinery and equipment23 | - | €13k | €12k | €12k | €10k | ▼ 16.7% |
| Furniture and vehicles24 | - | €13k | €47k | €37k | €24k | ▼ 34.7% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €68k | €83k | €107k | €96k | €100k | ▲ 4.7% |
| Amounts receivable within one year40/41 | €68k | €70k | €107k | €81k | €92k | ▲ 14.7% |
| Trade receivables40 | - | €14k | €29k | €16k | €15k | ▼ 6.3% |
| Other amounts receivable41 | - | €56k | €78k | €65k | €78k | ▲ 19.9% |
| Cash at bank and in hand54/58 | €160 | €13k | €0 | €15k | €7k | ▼ 50.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €278 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €89k | €137k | €191k | €167k | €161k | ▼ 4.0% |
| Equity10/15 | €66k | €100k | €111k | €82k | €77k | ▼ 6.6% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €554 | €554 | €554 | €554 | = |
| Distributable reserves133 | - | €4k | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €42k | €75k | €87k | €58k | €52k | ▼ 9.4% |
| Amounts payable17/49 | €22k | €37k | €80k | €85k | €84k | ▼ 1.5% |
| Amounts payable after more than one year17 | - | €17k | €36k | €21k | €6k | ▼ 70.2% |
| Financial debts170/4 | - | €17k | €36k | €21k | €6k | ▼ 70.2% |
| Amounts payable within one year42/48 | €22k | €20k | €44k | €64k | €77k | ▲ 20.2% |
| Current portion of amounts payable after more than one year42 | - | €10k | €19k | €19k | €20k | ▲ 1.8% |
| Financial debts43 | - | - | €4k | - | - | - |
| Credit institutions430/8 | - | - | €4k | - | - | - |
| Trade debts44 | €18k | €9k | €13k | €27k | €45k | ▲ 66.8% |
| Suppliers440/4 | - | €9k | €13k | €27k | €45k | ▲ 66.8% |
| Taxes, remuneration and social security45 | - | €2k | €8k | €18k | €12k | ▼ 30.8% |
| Taxes450/3 | - | €2k | €8k | €10k | €8k | ▼ 24.7% |
| Remuneration and social security454/9 | - | - | - | €8k | €5k | ▼ 38.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €608 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €33k | €12k | €-29k | €-5k | ▲ 81.5% |
| + Depreciation and write-downs630 | €5k | €6k | €16k | €19k | €19k | ▼ 4.0% |
| Operating cash flow (approximation) | €12k | €39k | €27k | €-10k | €13k | ▲ 234% |
| Investment in fixed assets (approximation) | - | €-39k | €-46k | €-7k | €-8k | ▼ 10.5% |
| Change in cash | - | €13k | €-13k | €15k | €-8k | ▼ 151% |
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
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
28-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 302 days late
2023
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
2022
31-12
Financial
Equity above €100kEq €111k ▲11.7%
4 profitable years in a row build equity to €111k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Highest result since 2018net €33k ▲380%
Operating result €39k, net result €33k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 76 days late
2019
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2004
Ground area
158 m²
Building footprint
91 m²
Volume, LiDAR
1,270 m³
Parcel 21013B0365/00K009, Brussels · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
440px
since 20042.142.334.971
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0365/00K009 | Brussels | 158 m² | 1 · 91 m² | 19.2 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Similar companies · same sector, comparable size
ALUNTO
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TRITON CONSULTING
BE 0553.806.355
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BUROTECH ENERGY
BE 0445.208.521
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CREYON
BE 0877.153.281
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,398 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
Founded23-09-2004
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
59114Motion picture, video and television programme production, sound recording and music publishing activities
62200Computer consultancy and computer facilities management
73110Advertising agencies
73300Public relations and communication consultancy
90393Specialised image, lighting and sound technical services
Contact
E-mail
dominique.kuppers@gmail.comSint-Gillis (bij-Brussel)
Phone
0496/530058Sint-Gillis (bij-Brussel)
Scores and ratios are computed by Checked and are not a credit decision.