ANDRE COUCHARD
ActiveSummary
ANDRE COUCHARD has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-9k) and a net result of €-30. Equity is shrinking by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▲+1
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.59 against 0.59 in 2024; short-term debt: 170.3% and cash: 0% of total assets), and equity is negative.
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 →
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 2025Solvency, return and age of the figures
Solvency
-70.3%
Return on assets
-0.2%
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-9k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
2 d early
2023
34 d early
2022
on the day
2021
27 d early
2020
27 d late
2019
31 d late
← 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
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-30▲ 69.4%
2024 · €-98
2018: €-529
2019: €-6k▼ -958% vs 2018
2020: €1k▲ +118% vs 2019
2021: €3k▲ +172% vs 2020highest in 8 years
2022: €-8k▼ -380% vs 2021lowest in 8 years
2023: €-3k▲ +56.4% vs 2022
2024: €-98▲ +97.1% vs 2023
2025: €-30▲ +69.4% vs 2024
2018 → 2025
Working capital
€-9k▼ 0.3%
2024 · €-9k
2018: €-13k
2019: €-15k▼ -12.5% vs 2018lowest in 8 years
2020: €-10k▲ +34.0% vs 2019
2021: €-5k▲ +52.1% vs 2020highest in 8 years
2022: €-8k▼ -81.6% vs 2021
2023: €-9k▼ -2.7% vs 2022
2024: €-9k▼ -1.1% vs 2023
2025: €-9k▼ -0.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€-5k€-9k▼ 64.1%€-9k▼ 1.1%€-9k▼ 0.3%
2021: €3khighest in 5 years
2022: €-5k▼ -292% vs 2021
2023: €-9k▼ -64.1% vs 2022
2024: €-9k▼ -1.1% vs 2023
2025: €-9k▼ -0.3% vs 2024lowest in 5 years
Operating result€3k-€-8k€-3k▲ 65.2%€-97▲ 96.3%€-10▲ 89.7%
2021: €3khighest in 5 years
2022: €-8k▼ -344% vs 2021lowest in 5 years
2023: €-3k▲ +65.2% vs 2022
2024: €-97▲ +96.3% vs 2023
2025: €-10▲ +89.7% vs 2024
Net result€3k-€-8k€-3k▲ 56.4%€-98▲ 97.1%€-30▲ 69.4%
2021: €3khighest in 5 years
2022: €-8k▼ -380% vs 2021lowest in 5 years
2023: €-3k▲ +56.4% vs 2022
2024: €-98▲ +97.1% vs 2023
2025: €-30▲ +69.4% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10 in 2025 against €97 in 2024; the loss shrinks.
Key figures and ratios
Solvency
-70.3%▼
2024 · -68.5%
Current ratio
0.59▼
2024 · 0.59
Debt to equity
-2.42▲
2024 · -2.46
ROA
-0.2%▲
2024 · -0.8%
Debt
€21k▼
2024 · €21k
Debt ≤ 1 year
€21k▼
2024 · €21k
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 · 28 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13k€12k▼
Current assets29/58€13k€12k▼
Amounts receivable within one year40/41€12k€12k▼
Other amounts receivable41€12k€12k▼
Cash at bank and in hand54/58€269€6▼
Equity and liabilities
Total equity and liabilities10/49€13k€12k▼
Equity10/15€-9k€-9k▼
Contributions10/11€18k€18k=
Reserves13€99€99=
Non-distributable reserves130/1€99€99=
Reserves not available under the articles1311€99€99=
Profit (loss) carried forward14€-27k€-27k▼
Amounts payable17/49€21k€21k▼
Amounts payable within one year42/48€21k€21k▼
Trade debts44€13k€12k▼
Suppliers440/4€13k€12k▼
Other amounts payable47/48€9k€9k▼
Income statement
Code20242025
Other operating charges640/8-€10
Gross operating margin9900€-97-
Operating profit (loss)9901€-97€-10▲
Financial charges65/66B-€20
Recurring financial charges65-€20
Profit (loss) for the period before taxes9903€-97€-30▲
Income taxes67/77€1-
Profit (loss) for the period9904€-98€-30▲
Profit (loss) for the period to be appropriated9905€-98€-30▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-27k▼
Profit (loss) brought forward from the previous period14P€-27k€-27k▼
The notes to these accounts (1 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €495 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | - | - | - | - |
| Other operating charges640/8 | €691 | €21k | €1k | - | €10 | - |
| Non-recurring operating charges66A | - | - | €40 | - | - | - |
| Gross operating margin9900 | €8k | €17k | €-1k | €-97 | - | - |
| Operating profit (loss)9901 | €3k | €-8k | €-3k | €-97 | €-10 | ▲ 89.7% |
| Financial charges65/66B | €171 | €74 | €113 | - | €20 | - |
| Recurring financial charges65 | €171 | €74 | €113 | - | €20 | - |
| Profit (loss) for the period before taxes9903 | €3k | €-8k | €-3k | €-97 | €-30 | ▲ 69.1% |
| Income taxes67/77 | €152 | €156 | €649 | €1 | - | - |
| Profit (loss) for the period9904 | €3k | €-8k | €-3k | €-98 | €-30 | ▲ 69.4% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-8k | €-3k | €-98 | €-30 | ▲ 69.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31k | €11k | €13k | €13k | €12k | ▼ 2.2% |
| Fixed assets21/28 | €7k | €3k | - | - | - | - |
| Tangible fixed assets22/27 | €6k | €2k | - | - | - | - |
| Plant, machinery and equipment23 | €5k | €714 | - | - | - | - |
| Furniture and vehicles24 | €1k | €876 | - | - | - | - |
| Financial fixed assets28 | €2k | €2k | - | - | - | - |
| Current assets29/58 | €24k | €7k | €13k | €13k | €12k | ▼ 2.2% |
| Amounts receivable within one year40/41 | €21k | €4k | €12k | €12k | €12k | ▼ 0.2% |
| Trade receivables40 | €9k | €84 | - | - | - | - |
| Other amounts receivable41 | €12k | €4k | €12k | €12k | €12k | ▼ 0.2% |
| Current investments50/53 | €2k | €2k | - | - | - | - |
| Cash at bank and in hand54/58 | €1k | €478 | €269 | €269 | €6 | ▼ 97.8% |
| Deferred charges and accrued income490/1 | - | €460 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31k | €11k | €13k | €13k | €12k | ▼ 2.2% |
| Equity10/15 | €3k | €-5k | €-9k | €-9k | €-9k | ▼ 0.3% |
| Contributions10/11 | €19k | €18k | €18k | €18k | €18k | = |
| Reserves13 | €99 | €99 | €99 | €99 | €99 | = |
| Non-distributable reserves130/1 | €99 | €99 | €99 | €99 | €99 | = |
| Reserves not available under the articles1311 | €99 | €99 | €99 | €99 | €99 | = |
| Profit (loss) carried forward14 | €-16k | €-24k | €-27k | €-27k | €-27k | ▼ 0.1% |
| Amounts payable17/49 | €28k | €16k | €21k | €21k | €21k | ▼ 1.2% |
| Amounts payable within one year42/48 | €28k | €16k | €21k | €21k | €21k | ▼ 1.2% |
| Trade debts44 | €22k | €14k | €13k | €13k | €12k | ▼ 0.9% |
| Suppliers440/4 | €22k | €14k | €13k | €13k | €12k | ▼ 0.9% |
| Taxes, remuneration and social security45 | €647 | €802 | €469 | - | - | - |
| Taxes450/3 | €647 | €802 | €469 | - | - | - |
| Other amounts payable47/48 | €6k | €783 | €8k | €9k | €9k | ▼ 1.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-8k | €-3k | €-98 | €-30 | ▲ 69.4% |
| + Depreciation and write-downs630 | €4k | €4k | - | - | - | - |
| Operating cash flow (approximation) | €7k | €-3k | €-3k | €-98 | €-30 | ▲ 69.4% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | €-697 | €-209 | €0 | €-263 | - |
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
16-09
State Gazette act
Appointment: André Couchard (director)Resignation: Philippe Pattyn (director)3 facts ▸
State Gazette act
Appointment: André Couchard (director)
Resignation: Philippe Pattyn (director)3 facts ▸
- General meeting, 14-09-2026
- Director appointment, André Couchard (director)
- Director resignation, Philippe Pattyn (director)
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €3k ▲172%
Operating result €3k, net result €3k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
André Couchard
CurrentDirector · since 05-10-2026
05-10-2026
André Couchard: Appointed as Director
04-10-2026
Philippe Pattyn: Resigned as Director
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Braine-le-Comte · 1 establishment unit since 2003
Ground area
219 m²
Building footprint
149 m²
Parcel 55004H0142/00D000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rue Saint-Georges 66, 7090 Braine-le-Comte
since 20032.114.837.748
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55004H0142/00D000 | Wallonia | 219 m² | 1 · 149 m² | - |
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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 4,016 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)
Founded18-11-1998
Fiscal year end31-12
Abbreviation FR
AC
Trade name FR
POWHOW
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.