Austera
ActiveSummary
Austera has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€17,854) and a net result of -€14,035. Equity has been shrinking by about 182% per year since 2023. Its solvency ranks better than 5% of 21,166 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-12-2022 Normal situation
- Activity
- Computer programming NACE 62100and 1 other
- Establishment unit
- 2.343.122.991 1640 Sint-Genesius-Rode, since 29-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 17-11-2025
Board and ownership
- SALVADOR MORAES GeorgeDirector · since 28-12-2022
- SALVADOR MORAES George10 sharesdeed of 02-01-2023
- SLAVADOR MORAES Georgefounderdeed of 02-01-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
- Gross margin
- -€10,824
- ▲ 77.2%
- Loss
- €14,035
- ▼ 72.4%
- Equity
- -€17,854
- ▼ 367%
- Total assets
- €8,759
- ▼ 44.5%
- Negative equity on 31-12-2025
- 2025 accounts filed 76 days after the deadline
Score breakdownraises riskCapped at 59: negative equityLast filed accounts filed 76 days late; 3 of the last 3 accounts late1 change of registered office in 24 monthslowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €8,759Show the evidence
Checked score
About 1 in 100 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 62, micro). It does better than 3% of them on solvency, 8% on liquidity, 5% on profitability and 1% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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 3 accounts on average 49 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)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 76 days after the deadline Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00565557.
Annual accounts 2025 filed on 15-10-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is a loss of €12,451, smaller than the loss of €48,765 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €4,010 | - | €991 |
| Depreciation and write-downs of the year | €1,084 | €1,284 | €1,492 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,084 | €1,284 | €1,492 | ▲ 16.2% |
| Other operating charges640/8 | €348 | - | €135 | - |
| Gross operating margin9900 | €62,864 | -€47,482 | -€10,824 | ▲ 77.2% |
| Operating profit (loss)9901 | €61,432 | -€48,765 | -€12,451 | ▲ 74.5% |
| Financial income75/76B | €0 | - | - | - |
| Recurring financial income75 | €0 | - | - | - |
| Financial charges65/66B | €1,096 | €1,801 | €1,411 | ▼ 21.6% |
| Recurring financial charges65 | €1,096 | €1,801 | €1,411 | ▼ 21.6% |
| Profit (loss) for the period before taxes9903 | €60,335 | -€50,566 | -€13,863 | ▲ 72.6% |
| Income taxes67/77 | €12,460 | €329 | €172 | ▼ 47.8% |
| Profit (loss) for the period9904 | €47,875 | -€50,895 | -€14,035 | ▲ 72.4% |
| Profit (loss) for the period to be appropriated9905 | €47,875 | -€50,895 | -€14,035 | ▲ 72.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €91,325 | €15,771 | €8,759 | ▼ 44.5% |
| Fixed assets21/28 | €2,926 | €1,642 | €1,141 | ▼ 30.5% |
| Tangible fixed assets22/27 | €2,926 | €1,642 | €1,141 | ▼ 30.5% |
| Plant, machinery and equipment23 | €352 | €273 | €194 | ▼ 29.0% |
| Furniture and vehicles24 | €2,574 | €1,369 | €947 | ▼ 30.8% |
| Current assets29/58 | €88,400 | €14,129 | €7,619 | ▼ 46.1% |
| Amounts receivable within one year40/41 | €6,970 | €12,400 | €4,704 | ▼ 62.1% |
| Trade receivables40 | €6,970 | €10,670 | €2,002 | ▼ 81.2% |
| Other amounts receivable41 | - | €1,730 | €2,702 | ▲ 56.2% |
| Cash at bank and in hand54/58 | €78,610 | €1,012 | €1,442 | ▲ 42.5% |
| Deferred charges and accrued income490/1 | €2,820 | €718 | €1,473 | ▲ 105% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €91,325 | €15,771 | €8,759 | ▼ 44.5% |
| Equity10/15 | €47,076 | -€3,819 | -€17,854 | ▼ 367% |
| Contributions10/11 | €1 | €1 | €1 | = |
| Profit (loss) carried forward14 | €47,075 | -€3,820 | -€17,855 | ▼ 367% |
| Amounts payable17/49 | €44,249 | €19,591 | €26,613 | ▲ 35.8% |
| Amounts payable within one year42/48 | €44,249 | €19,591 | €26,613 | ▲ 35.8% |
| Trade debts44 | €7,437 | €4,447 | €3,282 | ▼ 26.2% |
| Suppliers440/4 | €7,437 | €4,447 | €3,282 | ▼ 26.2% |
| Taxes, remuneration and social security45 | €23,916 | €12,790 | €172 | ▼ 98.7% |
| Taxes450/3 | €21,716 | €12,790 | €172 | ▼ 98.7% |
| Remuneration and social security454/9 | €2,200 | - | - | - |
| Other amounts payable47/48 | €12,897 | €2,354 | €23,159 | ▲ 884% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,875 | -€50,895 | -€14,035 | ▲ 72.4% |
| + Depreciation and write-downs630 | €1,084 | €1,284 | €1,492 | ▲ 16.2% |
| Operating cash flow (approximation) | €48,959 | -€49,611 | -€12,543 | ▲ 74.7% |
| Investment in fixed assets (approximation) | - | €0 | -€991 | - |
| Change in cash | - | -€77,598 | €430 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as Austera has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Austera itself is lower: 1.5% within 12 months. It rests on far more data about Austera than the profile alone.
Test of the method
The method was tested on the 497,446 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 7,639 companies, not a prediction for Austera. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- SALVADOR MORAES George 10 shares (100%)
- SLAVADOR MORAES George founder
Capital transactions
- 02-01-2023 Incorporation · €1 · 10 shares
Network & group
Austera shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Austera. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
13-06
Gazette deed
Registered office moved from Sint-Genesius-Rode to LiedekerkeNew registered office: Populierenlaan 37, 1770 Liedekerke · Previous registered office: Gehuchtstraat 141, 1640 Sint-Genesius-Rode2 points ▸
- Board meeting, 09-05-2025
- Registered-office move, Populierenlaan 37, 1770 Liedekerke
02-01
Gazette deed
IncorporationFounding capital of €1, 10 shares · Founder: SLAVADOR MORAES George (sole founder) · Appointment: SALVADOR MORAES George (director)3 points ▸
- Founding capital, €1, 10 shares
- Director appointment, SALVADOR MORAES George
- Founder, SLAVADOR MORAES George (sole founder)
- The deed holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 29 December 2022, Austera was incorporated as a private limited company by two natural persons, with a starting capital of €1.12 In 2025 the registered office moved to Liedekerke.3 SALVADOR MORAES George has served as director since 2022.4 Total assets went from €91,325 in 2023 to €8,759 in 2025.5
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Gehuchtstraat 141, 1640 Sint-Genesius-Rode until 12-05-2025 · deed of 13-06-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
14 activities
- Elke handeling van aankoop,verkoop en verhuur van informatica(hard- en software),materiaal en bureaugoederen(materieel of immaterieel)en algemeen alle goederen die direct of indirect tot zijn doel kan bijdragen
- De creatie,ontwikkeling,verspreiding,installatie en het gebruik van informatica(ondersteuning),zowel hard- als software en de centralisatie van gegevens:beheer van netwerken on computers,studie en ontwikkeling van computerprogramma’s,de ontwikkeling en creatie,de installatie en het gebruiksklaar maken van internationale netwerken
- De ontwikkeling,de coordinatie en de controle van het gebruik van gegevens,programma’s en eveneens de keuze van informatica materiaal en computerprogramma’s
- De aankoop,het gebruik en verhuur,de overdracht van elk octrooi en patent,licentie of fabrieksmerk die direct of indirect verband houdt met eht doel van de onderneming
- De organisatie,de vervaardiging en ontwikkeling,de begeleiding en organisatie van conferenties en seminaries en professionele of technische vormingen
- Elke handeling betreffende informatica,verspreiding via elke weg van publiciteit en documentatie en diensten aan(rechts)personen
- Elke activiteit met betrekking tot het internet,extranet,intranet en eveneens elke handeling met betrekking tot diensten inzake telecommunicatie of informatica in het heden en toekomst waaronder maar niet beperkt tot het maken,ontwikkelinen,verspreiden,exploitatie en verkoop van websites
- Het verlenen van adviezen,van financiële,technische,commerciële of administratieve aard,rechtstreeks of onrechtstreeks op het gebied van management en beheer van ondernemingen en dit in de ruimste zin
- Het uitvoeren van alle opdrachten,management en consultancy,participatie onder de vorm van organisatiestudies,expertises,raadgevingen op alle gebied bij ondernemingen en dit in de ruimste zin
- Het voeren van interim-management bij bedrijven
- Het geven van opleiding,sessies en consultancy in bedrijven en managementscholen
- Alle mogelijke diensten aan ondernemingen met betrekking tot hun operationeel,commercieel en administratief beleid
- Elke bijdrage tot de oprichting en de ontwikkeling van bedrijven en meer bepaald technisch,commercieel of administratief advies verstrekken in de ruimste betekenis van het woord,met uitzondering van advies voor het beleggen van geld en dergelijke,raad geven,bijstand verlenen en rechtstreeks of onrechtstreeks diensten leveren op administratief en financieel vlak en op het vlak van de verkoop,de productie,de organisatietechnieken en handelsdistributie en meer algemeen van het beheer in het algemeen en de uitoefening van alle diensten- en managementactiviteiten in de ruimste betekenis van die begrippen,aan gelijk welke natuurlijke of rechtspersonen
- Alle mandaten uitvoeren in de vorm van studies inzake organisatie,deskundigenonderzoeken,technische of andere handelingen en advies op eender welk domein dat deel uitmaakt van haar voorwerp
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23762C0180/00D007 | Flanders | 598 m² | 1 · 126 m² | 6.7 m · 2 |
| 22004B0251/00G000 | Flanders | 189 m² | 1 · 60 m² | 5.7 m · 2 |