Financials
- Financial year
- 2025
- Turnover
- €10.3m
- Loss
- -€1.4m
- Solvency
- 60.9%
Turnover▼ 6.9%
Net result
20182025
APPROACH BELGIUM
ActiveSummary
The annual accounts of APPROACH BELGIUM for financial year 2025 show a net loss of 56% of the equity at the start of that year. The 2025 annual accounts show equity of €9.1m and a net result of -€1.4m. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 73% of 1,672 sector peers (NACE 62, financial year 2025). The company has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Activity
Computer consultancy and computer facilities management
NACE 62200
Oldest company in Mont-Saint-Guibert, Telecoms and IT sector1 site
Size
€10.3mturnover 2025
- Staff
- 54.9 FTE
- Equity
- €9.1m
- Loss
- -€1.4m
Equity +250%: capital increase
Structure
- Parent
- PAMICA
- Board
- 10 members
- Holdings
- 2
- David VanderoostManaging director
Auditor: Forvis Mazars Réviseurs d’EntreprisesAccounts 49 days early
Why 56raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €1.4m, the second in a row (financial year 2025)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Equity €9.1m (60.9% of total assets)Legal form: public limited companyShow the evidence
Checked score
Score 2025
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 57% of its sector peers (NACE 62, medium-sized)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency
86+23
equity 60.9% of total assets
Liquidity
57-14
short-term debt 13.8% · cash 7.7%
Profitability
8-3
return on assets -9.7%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.2%● unchanged vs 07-2026highest value
09-2026: 0.2%● unchanged vs 08-2026highest value
10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €500,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.19, compared with 2.31 in 2024, above the usual 1.5; short-term debt: 13.8% and cash: 7.7% of total assets), and 39.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 62, medium-sized): better than 78% on solvency, 82% on liquidity, 9% on profitability and 60% on growth.
The bankruptcy probability was computed on 17-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 days early
2024
71 days early
2023
51 days early
2022
31 days early
2021
41 days early
2020
71 days early
2019
66 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 54 days before the deadline; the sector median (NACE 62) for financial year 2024 is 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 12 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
18-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Capital & shares · Amendment of…Capital increase · Capital
- Capital & shares · Amendment of…Financial instrument · Capital increase…
Key points
- Risk: 3 loss-making years in a rowloss financial year 2025 -€1.4m View
- Caution: Result fell in 2025from -€383,222 to -€1.4m ▼ 275% View
- Caution: Among the weakest 5% on net resultsector median €36,320 · 1,674 companies -€1.4m View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Controlled by PAMICAthe company in turn controls 2 companies parent View
- EU supportawarded in 2023 €845,468 View
By topic
Board & ownership
- Board
- 10 members
- Parent
- PAMICA
- Auditor
- Forvis Mazars Réviseurs d’Entreprises
- David Vanderoost S.R.L.Director
- Deheyer Laurent Consulting S.R.L.Director
- LDW Consult S.R.L.Director
- Pamica S.A.Director
- Arenberg Crypto S.R.L.Director
and 5 other directors
Network & group
- Subsidiaries
- 2
- Connected companies
- 7
- Mergers and asset contributions
- 2
2 subsidiaries
Timeline
- Events
- 84
- Since
- 1986
- Next accounts
- by 31-07-2027
- 31-12-2025Weakest financial year
- 31-12-2025Equity above €5m
- 13-10-2025Resignations: Pamica, ARENBERG CRYPTO and 2 others
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Founded
- 23-05-1985
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 21
- Annual meeting
- Third Tuesday of May at 11:00
- Purpose
- “Le négoce, le courtage, la distribution, l'échange, le développement, l'assemblage ou la…” (deed in French)
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