Turnover from €1.4m to €522,127Loss of €475,234Staff from 2.8 FTE to 1.8 FTEAppointment: Moore Audit BV (statutory auditor)16-12Debts from €934,105 to €1.3m
Lower net result than 91% of companies in computer programming and consultancy. Sector median €35,587 · 1,693 companies.
2025 accounts filed 28 days after the deadlineHolding: outside the score modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Holding: general score not applicable
The company has a registered holding activity. Financial fixed assets make up more than half of its assets. The general model for operating companies does not fit such a balance sheet, so there is no score and no financial strength.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
raises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 3 days after 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 4 August (4 of the last 5 accounts filed within 44 days either side of that date).
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0537374060
Merger: A+ takes over ARCO PIPING
The company holds all the shares of ARCO PIPING · The company holds all the shares of COOL HOLDING · Gazette deed
Merger proposal: A+ takes over ARCO PIPING
Permanent representatives: Sébastien Farinotti and Luc Van Raemdonck · The company holds all the shares of ARCO PIPING · The company holds all the shares of COOL HOLDING · Gazette deed
Appointment: Moore Audit BV (statutory auditor)
General meeting of 30-06-2025 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as A+: computer programming (NACE 62100). They are comparable in size and age: total assets between €13m and €18m, founded between 2006 and 2014.