ADVANCED COMPUTER SERVICES
ActiveFrom the official registers: KBO 31 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
ADVANCED COMPUTER SERVICES has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60,632 and a net result of -€11,531. Equity has been shrinking by about 11% per year since 2019. Its solvency ranks better than 75% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 07-12-1994 Normal situation
- Activity
- Wholesale of information and communication equipment NACE 46500
- Establishment unit
- 2.069.477.380 1770 Liedekerke, since 23-12-1994
- Financial year end
- 31 August
- Peppol
- Reachable since 26-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- -€10,196
- Loss
- €11,531
- Equity
- €60,632
- ▼ 16.0%
- Total assets
- €85,296
- ▼ 15.9%
Score breakdownraises riskLoss of €11,531 (financial year 2025)lowers riskFounded in 1994Liquidity: current ratio 3.09, cash €13,772, halvedEquity €60,632 (71.1% of total assets)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 76% of them on solvency, 64% on liquidity, 13% on profitability and 21% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 31-03-2026 PDF all 31 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €10,591, after a profit of €1,058 in 2024. It is the lowest result since 2021.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Wholesale trade (NACE 46). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as ADVANCED COMPUTER SERVICES: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €59,100 and €143,000, founded between 1988 and 1997.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| ADVANCED COMPUTER SERVICES Liedekerke | 1994 | €85,296 | €60,632 | -€10,196 | -€11,531 | 2025 |
| EUREKA AVIATION Wevelgem | 1997 | €69,029 | -€238,890 | -€5,074 | -€11,790 | 2026 |
| SUPPLIES EXPRESS Oud-Heverlee | 1991 | €90,885 | €13,733 | €1,275 | -€23,731 | 2025 |
| IMEG ELECTRONICS Steenokkerzeel | 1997 | €143,183 | €29,238 | -€8,865 | -€26,999 | 2025 |
| MICRODEVICE Leuven | 1988 | €59,074 | €41,227 | -€5,632 | -€7,336 | 2025 |
| AATE Lummen | 1992 | €133,109 | €118,639 | -€3,045 | -€6,597 | 2025 |
| OPTIMUM SOFT Schaarbeek | 1989 | €126,313 | €126,223 | -€1,301 | €2,596 | 2025 |
They were chosen from the 1,401 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 5,831 companies had the same profile as ADVANCED COMPUTER SERVICES has now. Two years later, 1.7% had gone bankrupt and 84.6% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ADVANCED COMPUTER SERVICES itself is lower: 0.3% within 12 months. It rests on far more data about ADVANCED COMPUTER SERVICES than the profile alone.
Test of the method
The method was tested on the 497,445 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.
| 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 5,831 companies, not a prediction for ADVANCED COMPUTER SERVICES. 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,342 | €7,341 | €2,324 | €1,895 | €2,369 | €2,047 | €2,053 | ▲ 0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2,536 | -€2,704 | €2,192 | -€2,441 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €964 | -€3,069 | - | - | - |
| Other operating charges640/8 | - | - | - | €796 | €719 | €770 | €782 | ▲ 1.6% |
| Gross operating margin9900 | €885 | €16,246 | -€6,782 | €14,308 | -€6,059 | €6,066 | -€10,196 | - |
| Operating profit (loss)9901 | -€6,086 | €6,864 | -€7,404 | €8,117 | -€3,373 | €1,058 | -€10,591 | - |
| Financial income75/76B | - | - | - | €8 | €1 | €5 | €6 | ▲ 25.9% |
| Recurring financial income75 | €5 | - | €1 | €8 | €1 | €5 | €6 | ▲ 25.9% |
| Financial charges65/66B | - | - | - | €88 | €83 | €88 | €104 | ▲ 18.3% |
| Recurring financial charges65 | €83 | €74 | €76 | €88 | €83 | €88 | €104 | ▲ 18.3% |
| Profit (loss) for the period before taxes9903 | -€6,164 | €6,789 | -€7,479 | €8,037 | -€3,456 | €976 | -€10,688 | - |
| Income taxes67/77 | €586 | €625 | €867 | €1,110 | €133 | €793 | €843 | ▲ 6.4% |
| Profit (loss) for the period9904 | -€6,750 | €6,164 | -€8,346 | €6,927 | -€3,589 | €183 | -€11,531 | - |
| Profit (loss) for the period to be appropriated9905 | -€6,750 | €6,164 | -€3,352 | €6,927 | -€3,589 | €183 | -€11,531 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €139,184 | €168,654 | €135,025 | €127,028 | €122,720 | €101,464 | €85,296 | ▼ 15.9% |
| Fixed assets21/28 | €15,325 | €7,983 | €6,873 | €4,979 | €5,349 | €3,302 | €9,120 | ▲ 176% |
| Tangible fixed assets22/27 | €14,995 | €7,653 | €6,543 | €4,649 | €5,019 | €2,972 | €8,790 | ▲ 196% |
| Land and buildings22 | - | - | - | €4,235 | €2,745 | €1,255 | €5,599 | ▲ 346% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €2,022 | - |
| Furniture and vehicles24 | - | - | - | €414 | €2,274 | €1,717 | €1,169 | ▼ 31.9% |
| Financial fixed assets28 | €330 | €330 | €330 | €330 | €330 | €330 | €330 | = |
| Current assets29/58 | €123,859 | €160,671 | €128,152 | €122,049 | €117,371 | €98,162 | €76,176 | ▼ 22.4% |
| Stocks and contracts in progress3 | €32,334 | €38,718 | €28,414 | €51,234 | €26,896 | €46,622 | €24,648 | ▼ 47.1% |
| Stocks30/36 | - | - | - | €51,234 | €26,896 | €46,622 | €24,648 | ▼ 47.1% |
| Amounts receivable within one year40/41 | €30,364 | €42,396 | €21,217 | €38,874 | €59,383 | €23,091 | €37,756 | ▲ 63.5% |
| Trade receivables40 | - | - | - | €34,739 | €57,007 | €23,089 | €33,806 | ▲ 46.4% |
| Other amounts receivable41 | - | - | - | €4,134 | €2,377 | €2 | €3,950 | ▲ 2,026× |
| Cash at bank and in hand54/58 | €61,161 | €79,557 | €78,520 | €31,942 | €31,091 | €28,450 | €13,772 | ▼ 51.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €139,184 | €168,654 | €135,025 | €127,028 | €122,720 | €101,464 | €85,296 | ▼ 15.9% |
| Equity10/15 | €111,388 | €110,752 | €74,354 | €75,569 | €71,980 | €72,163 | €60,632 | ▼ 16.0% |
| Contributions10/11 | €19,000 | - | - | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Reserves13 | €51,104 | €50,468 | €17,421 | €18,636 | €18,636 | €18,819 | €18,819 | = |
| Non-distributable reserves130/1 | - | - | - | €5,500 | €5,500 | €5,500 | €5,500 | = |
| Reserves not available under the articles1311 | - | - | - | €5,500 | €5,500 | €5,500 | €5,500 | = |
| Distributable reserves133 | - | - | - | €13,136 | €13,136 | €13,319 | €13,319 | = |
| Profit (loss) carried forward14 | €41,284 | €41,284 | €37,932 | €37,932 | €34,344 | €34,344 | €22,813 | ▼ 33.6% |
| Provisions and deferred taxes16 | €2,326 | €3,414 | €2,105 | €3,069 | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €3,069 | - | - | - | - |
| Environmental obligations163 | - | - | - | €3,069 | - | - | - | - |
| Amounts payable17/49 | €25,470 | €54,489 | €58,567 | €48,390 | €50,740 | €29,301 | €24,664 | ▼ 15.8% |
| Amounts payable within one year42/48 | €25,470 | €54,489 | €58,567 | €48,390 | €50,740 | €29,301 | €24,664 | ▼ 15.8% |
| Trade debts44 | €23,446 | €45,057 | €28,351 | €38,958 | €42,633 | €23,474 | €20,662 | ▼ 12.0% |
| Suppliers440/4 | - | - | - | €38,958 | €42,633 | €23,474 | €20,662 | ▼ 12.0% |
| Taxes, remuneration and social security45 | - | - | - | €2,933 | €4,113 | €2,592 | €679 | ▼ 73.8% |
| Taxes450/3 | - | - | - | €1,642 | €2,813 | €1,292 | €679 | ▼ 47.4% |
| Remuneration and social security454/9 | - | - | - | €1,292 | €1,300 | €1,300 | - | - |
| Other amounts payable47/48 | - | - | - | €6,499 | €3,994 | €3,236 | €3,323 | ▲ 2.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,750 | €6,164 | -€8,346 | €6,927 | -€3,589 | €183 | -€11,531 | - |
| + Depreciation and write-downs630 | €7,342 | €7,341 | €2,324 | €1,895 | €2,369 | €2,047 | €2,053 | ▲ 0.3% |
| Operating cash flow (approximation) | €591 | €13,506 | -€6,022 | €8,822 | -€1,220 | €2,230 | -€9,478 | - |
| Investment in fixed assets (approximation) | - | €0 | -€1,214 | €0 | -€2,739 | €0 | -€7,871 | - |
| Change in cash | - | €18,396 | -€1,037 | -€46,579 | -€850 | -€2,641 | -€14,678 | ▼ 456% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-08-2025 | micro format | 31-03-2026 | 2026-00067713 | |
| 31-08-2024 | micro format | 28-03-2025 | 2025-00056524 | |
| 31-08-2023 | micro format | 28-03-2024 | 2024-00051450 | |
| 31-08-2022 | micro format | 03-02-2023 | 2023-00021611 | |
| 31-08-2021 | micro format | 31-03-2022 | 2022-09900484 | |
| 31-08-2020 | micro format | 19-03-2021 | 2021-08400116 | |
| 31-08-2019 | micro format | 21-02-2020 | 2020-05400411 | |
| 31-08-2018 | micro format | 28-03-2019 | 2019-08300122 | |
| 31-08-2017 | micro format | 29-03-2018 | 2018-08400107 | |
| 31-08-2016 | abbreviated format | 30-01-2017 | 2017-03400451 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 18-04-2024 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Van der Heyden Axel |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder”“Vergoeding bestuurders, algemene kosten,los van representatie-,reis- en verplaatsingskosten”
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “1500, gelijk recht in winstverdeling en vereffeningsaldo”
Articles of association, deed of 18-04-2024 (in Dutch)
Network & group
ADVANCED COMPUTER SERVICES shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ADVANCED COMPUTER SERVICES. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
18-04
Gazette deed
Resignation: Van der Heyden Axel (manager)Appointment: Van der Heyden Axel (director) · Capital conversion · Reserve release11 points ▸
- General meeting, 02-04-2024
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing aangelegde statutair onbeschikbare eigen vermogensrekening, middelen beschikbaar voor uitkering” (deed in Dutch)
- Amendment of the articles
- Director resignation, Van der Heyden Axel (manager)
- Director appointment, Van der Heyden Axel (director (not named in the articles))
- Director discharge, Van der Heyden Axel
- Registered office clause, “1770 Liedekerke,Opperstraat 106” (deed in Dutch)
- Power of attorney
- Power of attorney, Rob Wuyts
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 20252 activities
- Uitbating van een kantoor van mechanografische werken,klein- en groothandel in computerapparatuur en in software
- Onderneming voor het ontwerpen van uitstalramen,vervaardiging van speciale publiciteits- en uitstallingsartikelen,groothandel in kantoormachines en kantoormeubilair,tussenpersonen in de handel
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23762C0004/00E002 | Flanders | 221 m² | 1 · 194 m² | 9.9 m · 1 |
| 23044A1065/00V003 | Flanders | 206 m² | 1 · 145 m² | 10.0 m · 3 |