b-inside
ActiveFrom the official registers: KBO 39 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
b-inside has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €494,738. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 27% of 1,682 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
KBO- Status
- Active since 09-07-1986 Normal situation
- Legal form
- Private limited company
- Registered office
- Grote Heerweg 75, 8791 Waregem
- Activity
- Computer programming NACE 62100
- Establishment unit
- 2.036.082.458 8791 Waregem, since 30-07-1986
- Financial year end
- 31 December
- Peppol
- Reachable
Who decides
Board
- ADVIMAManaging director · permanent representative Arthur De Veene
- Bedrijfs - Informatica Management en Advies BVDirector · since 09-11-2021
- Auditor
- VRC Bedrijfsrevisoren CVBA
Shareholders
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Turnover
- €11.6m
- Profit
- €494,738
- ▼ 11.8%
- Equity
- €1.8m
- ▲ 38.5%
- Total assets
- €12.6m
- ▲ 193%
- Staff
- 43.9 FTE
- ▲ 2.6%
2025 accounts 58 days early
Filed on 03-06-2026PDF
Why 86raises riskEquity €1.8m (14.1% of total assets)Liquidity: current ratio 1.09, cash €884,566Founded in 1986lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
Score 2025
86
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 62, small)
Financial strength · tick = 2024
Average
Solvency
39-16
equity 14.1% of total assets
Liquidity
51+7
short-term debt 23.1% · cash 7.0%
Profitability
59-26
return on assets 3.9%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.1%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
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: 0.3%▲ +0.2 percentage points vs 06-2026highest value
08-2026: 0.3%● unchanged vs 07-2026highest value
09-2026: 0.3%● unchanged vs 08-2026highest value
10-2026: 0.3%● unchanged vs 09-2026highest value
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.09, compared with 1.96 in 2024, below the usual 1.5; short-term debt: 23.1% and cash: 7% of total assets), and 85.9% 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, small): better than 21% on solvency, 57% on liquidity, 39% on profitability and 79% 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. 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.8m
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 days early
2024
87 days early
2023
96 days early
2022
94 days early
2021
51 days early
2020
29 days early
2019
24 days late
← 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 56 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 5 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials · financial year 2025, full format
In the rankings
#1 oldest company in Waregem, Telecoms and IT sector#4 company by total assets in Waregem, Telecoms and IT sector#7 company by equity in Waregem, Telecoms and IT sector
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 03-06-2026
- Format
- full format
- Reference
- 2026-00138040
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€11.6m▲ 16.4%
2023 · €9.9m
EBIT margin
9.3%▲ 3.3pp
2023 · 6.0%
Net result
€494,738▼ 11.8%
2024 · €560,853
Working capital
€271,718▼ 82.0%
2024 · €1.5m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 29% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€11.6m
2025
Operating result€1.1m
2025
Net result€0.5m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€12.6m
2025
Equity€1.8m
2025
Debt€10.9m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.3m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin9.3%
2025
Return on assets (ROA)3.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency14.1%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.09
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)43.9
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€8.2m€9.6m▲ 16.1%€9.9m▲ 4.0%€11.6m
Operating result€0.4m-€0.6m▲ 26.6%€1.1m▲ 97.0%-€0.3m€0.7m€0.6m▼ 20.9%€0.8m▲ 40.3%€1.1m▲ 29.2%
Net result€0.3m-€0.4m▲ 48.7%€0.8mabove the sector's middle half▲ 91.2%-€0.4mbelow the sector's middle half€0.5mabove the sector's middle half€0.4mabove the sector's middle half▼ 27.1%€0.6mabove the sector's middle half▲ 51.8%€0.5mabove the sector's middle half▼ 11.8%
EBIT margin-3.7%7.8%▲ 11.5pp6.0%▼ 1.9pp9.3%
Equity€1.2m-€1.6m▲ 35.6%€2.4mabove the sector's middle half▲ 49.0%€1.0mabove the sector's middle half▼ 57.1%€1.6mabove the sector's middle half▲ 48.3%€0.7mwithin the sector's middle half▼ 53.4%€1.3mabove the sector's middle half▲ 77.3%€1.8mwithin the sector's middle half▲ 38.5%
Total assets€4.1m-€4.4m▲ 7.6%€5.2mabove the sector's middle half▲ 19.3%€5.1mabove the sector's middle half▼ 2.1%€4.7mabove the sector's middle half▼ 7.4%€5.1mabove the sector's middle half▲ 7.2%€4.3mabove the sector's middle half▼ 14.8%€12.6mabove the sector's middle half▲ 193%
Debt€2.9m-€2.7m▼ 4.3%€2.8m▲ 1.4%€4.1m▲ 46.5%€3.2m▼ 21.9%€4.3m▲ 36.9%€3.0m▼ 30.2%€10.9m▲ 258%
Working capital€0.4m-€0.3m▼ 8.8%€1.0mabove the sector's middle half▲ 181%€0.8mabove the sector's middle half▼ 19.6%€1.5mabove the sector's middle half▲ 98.4%€1.0mabove the sector's middle half▼ 37.9%€1.5mabove the sector's middle half▲ 57.9%€0.3mwithin the sector's middle half▼ 82.0%
Solvency29.8%-37.5%▲ 7.7pp46.9%within the sector's middle half▲ 9.4pp20.5%within the sector's middle half▼ 26.3pp32.9%within the sector's middle half▲ 12.4pp14.3%below the sector's middle half▼ 18.6pp29.8%within the sector's middle half▲ 15.5pp14.1%within the sector's middle half▼ 15.7pp
Current ratio1.35-1.29▼ 0.061.70within the sector's middle half▲ 0.411.33within the sector's middle half▼ 0.372.04within the sector's middle half▲ 0.701.36within the sector's middle half▼ 0.681.96within the sector's middle half▲ 0.601.09within the sector's middle half▼ 0.86
Return on assets (ROA)7.1%-9.8%▲ 2.7pp15.8%within the sector's middle half▲ 5.9pp-8.7%below the sector's middle half▼ 24.5pp10.7%within the sector's middle half▲ 19.4pp7.3%within the sector's middle half▼ 3.4pp13.0%within the sector's middle half▲ 5.7pp3.9%within the sector's middle half▼ 9.1pp
Staff (FTE)26-28.6▲ 10.0%32.6above the sector's middle half▲ 14.0%39.1above the sector's middle half▲ 19.9%40.9above the sector's middle half▲ 4.6%41.2above the sector's middle half▲ 0.7%42.8above the sector's middle half▲ 3.9%43.9above the sector's middle half▲ 2.6%
above
within
below
the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Why a figure moved sharply
- 2024 Net result +52% on 2023. The accounts now follow the abbreviated format, last year the full format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.6m
Fixed assets
€9.4m ▲ 666%
Current assets
€3.2m ▲ 3.5%
Equity and liabilities €12.6m
Equity
€1.8m ▲ 38.5%
Debt
€10.9m ▲ 258%
Debt's share of the balance-sheet total rises from 70.2% to 85.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.4m▲
2024 · €1.2m
Cash flow
€793,012▼
2024 · €880,176
Quick ratio
1.03▼
2024 · 1.86
Debt to equity
6.10▲
2024 · 2.36
ROE
27.8%▼
2024 · 43.6%
Interest coverage
3.74▼
2024 · 13.88
Debt ≤ 1 year
€2.9m▲
2024 · €1.6m
Debt > 1 year
€6.8m▲
2024 · €464,567
Income taxes
€211,808▼
2024 · €217,330
Staff costs
€3.9m▲
2024 · €3.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €8.6m | €9.7m | €10.2m | - | €11.9m | - |
| Turnover70 | - | - | - | €8.2m | €9.6m | €9.9m | - | €11.6m | - |
| Other operating income74 | - | - | - | €0.2m | €0.1m | €0.2m | - | €0.3m | - |
| Non-recurring operating income76A | - | - | - | €0.2m | €0.01m | €0.01m | €0.005m | €0.02m | ▲ 400% |
| Operating charges60/66A | - | - | - | €8.9m | €9.0m | €9.6m | - | €10.8m | - |
| Goods for resale, raw materials and consumables60 | - | - | - | €3.3m | €3.9m | €3.6m | - | €4.2m | - |
| Purchases600/8 | - | - | - | €3.4m | €4.0m | €3.5m | - | €4.2m | - |
| Change in stocks: decrease (increase)609 | - | - | - | -€0.04m | -€0.1m | €0.03m | - | -€0.03m | - |
| Services and other goods61 | - | - | - | €1.4m | €1.6m | €1.9m | - | €2.3m | - |
| Remuneration, social security and pensions62 | - | - | - | €2.6m | €3.0m | €3.4m | €3.5m | €3.9m | ▲ 10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.3m | €0.3m | ▼ 6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€0.005m | -€0.006m | €0.3m | €0.03m | -€0.04m | - |
| Other operating charges640/8 | - | - | - | €0.05m | €0.04m | €0.03m | €0.03m | €0.09m | ▲ 163% |
| Non-recurring operating charges66A | - | - | - | €1.2m | €0.06m | - | €0.06m | €0.03m | ▼ 53.5% |
| Gross operating margin9900 | €2.6m | €2.8m | €3.6m | - | - | - | €4.8m | - | - |
| Operating profit (loss)9901 | €0.4m | €0.6m | €1.1m | -€0.3m | €0.7m | €0.6m | €0.8m | €1.1m | ▲ 29.2% |
| Financial income75/76B | - | - | - | €0.01m | €0.01m | €0.008m | €0.03m | €0.02m | ▼ 34.6% |
| Recurring financial income75 | €0.02m | €0.09m | €0.07m | €0.01m | €0.01m | €0.008m | €0.03m | €0.02m | ▼ 34.6% |
| Income from financial fixed assets750 | - | - | - | - | - | €0.002m | - | - | - |
| Income from current assets751 | - | - | - | - | - | - | - | €0.01m | - |
| Other financial income752/9 | - | - | - | €0.01m | €0.01m | €0.007m | - | €0.009m | - |
| Financial charges65/66B | - | - | - | €0.04m | €0.03m | €0.05m | €0.08m | €0.4m | ▲ 367% |
| Recurring financial charges65 | €0.04m | €0.04m | €0.04m | €0.04m | €0.03m | €0.05m | €0.08m | €0.4m | ▲ 367% |
| Debt charges650 | - | - | - | €0.02m | €0.02m | €0.04m | - | €0.4m | - |
| Other financial charges652/9 | - | - | - | €0.03m | €0.02m | €0.01m | - | €0.02m | - |
| Profit (loss) for the period before taxes9903 | €0.4m | €0.6m | €1.1m | -€0.3m | €0.7m | €0.5m | €0.8m | €0.7m | ▼ 9.2% |
| Income taxes67/77 | €0.1m | €0.2m | €0.3m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.5% |
| Taxes670/3 | - | - | - | €0.3m | €0.2m | €0.2m | - | €0.2m | - |
| Tax adjustments and reversals of tax provisions77 | - | - | - | €0.1m | - | - | - | - | - |
| Profit (loss) for the period9904 | €0.3m | €0.4m | €0.8m | -€0.4m | €0.5m | €0.4m | €0.6m | €0.5m | ▼ 11.8% |
| Profit (loss) for the period to be appropriated9905 | €0.3m | €0.4m | €0.8m | -€0.4m | €0.5m | €0.4m | €0.6m | €0.5m | ▼ 11.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €4.1m | €4.4m | €5.2m | €5.1m | €4.7m | €5.1m | €4.3m | €12.6m | ▲ 193% |
| Formation expenses20 | - | - | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €2.6m | €2.8m | €2.9m | €2.0m | €1.7m | €1.4m | €1.2m | €9.4m | ▲ 666% |
| Intangible fixed assets21 | €0.02m | €0.008m | €0.2m | €0.6m | €0.4m | €0.3m | €0.2m | €0.06m | ▼ 64.6% |
| Tangible fixed assets22/27 | €1.5m | €1.5m | €1.4m | €1.5m | €1.3m | €1.1m | €1.1m | €0.9m | ▼ 16.0% |
| Land and buildings22 | - | - | - | €1.0m | €0.9m | €0.8m | €0.8m | €0.7m | ▼ 10.6% |
| Plant, machinery and equipment23 | - | - | - | €0.08m | €0.07m | €0.1m | €0.2m | €0.1m | ▼ 12.9% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.07m | ▼ 38.9% |
| Leasing and similar rights25 | - | - | - | €0.1m | €0.07m | €0.04m | €0.02m | €0 | ▼ 100% |
| Financial fixed assets28 | €1.1m | €1.3m | €1.2m | €0.004m | - | - | - | €8.5m | - |
| Affiliated companies280/1 | - | - | - | - | - | - | - | €8.5m | - |
| Participating interests280 | - | - | - | - | - | - | - | €8.5m | - |
| Other financial fixed assets284/8 | - | - | - | €0.004m | - | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | - | - | - | €0.004m | - | - | - | - | - |
| Current assets29/58 | €1.5m | €1.5m | €2.3m | €3.1m | €3.0m | €3.6m | €3.1m | €3.2m | ▲ 3.5% |
| Stocks and contracts in progress3 | €0.07m | €0.07m | €0.1m | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | ▲ 18.5% |
| Stocks30/36 | - | - | - | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | ▲ 18.5% |
| Goods purchased for resale34 | - | - | - | €0.2m | €0.3m | €0.2m | - | €0.2m | - |
| Amounts receivable within one year40/41 | €1.2m | €1.2m | €1.5m | €1.6m | €2.0m | €1.9m | €1.9m | €1.7m | ▼ 9.0% |
| Trade receivables40 | - | - | - | €1.5m | €2.0m | €1.6m | €1.8m | €1.7m | ▼ 5.3% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.06m | €0.3m | €0.2m | €0.08m | ▼ 48.7% |
| Current investments50/53 | - | - | €0 | - | - | €0.8m | €0.3m | €0 | ▼ 100% |
| Other investments51/53 | - | - | - | - | - | €0.8m | - | €0 | - |
| Cash at bank and in hand54/58 | €0.2m | €0.2m | €0.7m | €1.0m | €0.4m | €0.4m | €0.4m | €0.9m | ▲ 138% |
| Deferred charges and accrued income490/1 | - | - | - | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 3.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €4.1m | €4.4m | €5.2m | €5.1m | €4.7m | €5.1m | €4.3m | €12.6m | ▲ 193% |
| Equity10/15 | €1.2m | €1.6m | €2.4m | €1.0m | €1.6m | €0.7m | €1.3m | €1.8m | ▲ 38.5% |
| Contributions10/11 | €0.1m | €0.1m | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €1.1m | €1.5m | €2.3m | €0.9m | €1.4m | €0.6m | €1.2m | €1.7m | ▲ 42.6% |
| Tax-exempt reserves132 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Distributable reserves133 | - | - | - | €0.9m | €1.4m | €0.6m | €1.1m | €1.6m | ▲ 43.3% |
| Profit (loss) carried forward14 | - | - | €0 | - | - | - | €0 | - | - |
| Amounts payable17/49 | €2.9m | €2.7m | €2.8m | €4.1m | €3.2m | €4.3m | €3.0m | €10.9m | ▲ 258% |
| Amounts payable after more than one year17 | €1.8m | €1.5m | €1.4m | €1.1m | €0.8m | €0.6m | €0.5m | €6.8m | ▲ 15× |
| Financial debts170/4 | - | - | - | €1.1m | €0.8m | €0.6m | €0.5m | €6.8m | ▲ 15× |
| Subordinated loans170 | - | - | - | - | - | - | - | €3.2m | - |
| Leasing and similar obligations172 | - | - | - | €0.06m | €0.03m | - | - | - | - |
| Credit institutions173 | - | - | - | €1.1m | €0.8m | €0.6m | - | €3.6m | - |
| Amounts payable within one year42/48 | €1.1m | €1.2m | €1.4m | €2.3m | €1.5m | €2.7m | €1.6m | €2.9m | ▲ 85.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.3m | €0.4m | €0.3m | €0.1m | €1.0m | ▲ 685% |
| Financial debts43 | - | - | - | €0.2m | €0.08m | €0.06m | €0.5m | €0.6m | ▲ 26.6% |
| Credit institutions430/8 | - | - | - | - | €0.08m | €0.06m | €0 | - | - |
| Other loans439 | - | - | - | €0.2m | - | - | €0.5m | €0.6m | ▲ 26.6% |
| Trade debts44 | €0.5m | €0.4m | €0.4m | €0.3m | €0.6m | €0.7m | €0.5m | €0.5m | ▲ 5.6% |
| Suppliers440/4 | - | - | - | €0.3m | €0.6m | €0.7m | €0.5m | €0.5m | ▲ 5.6% |
| Taxes, remuneration and social security45 | - | - | - | €0.5m | €0.5m | €0.4m | €0.5m | €0.7m | ▲ 57.1% |
| Taxes450/3 | - | - | - | €0.1m | €0.1m | €0.06m | €0.1m | €0.2m | ▲ 117% |
| Remuneration and social security454/9 | - | - | - | €0.4m | €0.3m | €0.4m | €0.4m | €0.5m | ▲ 38.6% |
| Other amounts payable47/48 | - | - | - | €1.0m | - | €1.2m | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.6m | €0.8m | €1.1m | €1.0m | €1.1m | ▲ 13.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.3m | €0.4m | €0.8m | -€0.4m | €0.5m | €0.4m | €0.6m | €0.5m | ▼ 11.8% |
| + Depreciation and write-downs630 | €0.2m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.3m | €0.3m | ▼ 6.6% |
| Operating cash flow (approximation) | €0.5m | €0.7m | €1.1m | -€0.1m | €0.9m | €0.7m | €0.9m | €0.8m | ▼ 9.9% |
| Investment in fixed assets (approximation) | - | -€0.5m | -€0.3m | €0.5m | -€0.08m | -€0.1m | -€0.1m | -€8.5m | ▼ 7,042% |
| Change in cash | - | €0.06m | €0.4m | €0.3m | -€0.6m | €0.07m | -€0.06m | €0.5m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 39 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 03-06-2026 | 2026-00138040 | |
| 31-12-2024 | abbreviated format | 05-05-2025 | 2025-00090710 | |
| 31-12-2023 | full format | 26-04-2024 | 2024-00077420 | |
| 31-12-2022 | full format | 28-04-2023 | 2023-00079627 | |
| 31-12-2021 | full format | 10-06-2022 | 2022-20059442 | |
| 31-12-2020 | abbreviated format | 02-07-2021 | 2021-30500103 | |
| 31-12-2019 | abbreviated format | 24-08-2020 | 2020-43600393 | |
| 31-12-2018 | abbreviated format | 02-07-2019 | 2019-27000016 | |
| 31-12-2017 | abbreviated format | 26-07-2018 | 2018-38200067 | |
| 31-12-2016 | abbreviated format | 25-08-2017 | 2017-47800127 |
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Of the 16,998 active companies whose main activity is computer programming (NACE 62100), figures are known for 9,009. 2,921 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 11 entries · €232,760 awarded · €188,473 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 4 | €5,185 | €4,811 |
| 2024 | 3 | €9,301 | €93,151 |
| 2023 | 2 | €215,791 | €88,028 |
| 2022 | 2 | €2,483 | €2,483 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, 1 in day-to-day management, last change in 2026
Board 1
Bedrijfs - Informatica Management en Advies BV
Current
Day-to-day management 1
ADVIMA
Current
Managing director · appointed in the act of 04-02-2026 · Private limited company · permanent representative: Arthur De Veene
Permanent representatives 1
Arthur De Veene
Current
Permanent representative · appointed in the act of 04-02-2026 · for ADVIMA
Statutory auditor 1
VRC Bedrijfsrevisoren CVBA
Current
Mandate history
3 people, 3 in office
- Board
- Day-to-day management
- Statutory auditor
| Name | Functions and periods |
|---|---|
| Bedrijfs - Informatica Management en Advies BV |
|
| ADVIMA |
|
| VRC Bedrijfsrevisoren CVBA |
|
Owners and capital
Owners
1 ownerChain of control
- BI GROUP
- b-inside
Owners 1
- BI GROUPparentSourceaccounts BI GROUP 2023100%
Capital and shareholders
Capital over the years
- 27-08-2026 Capital stated in the deed · 4,000 shares
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- 3 more provisions in the deed, see the deed of 27-08-2026
Articles of association, deed of 27-08-2026 (in Dutch)
Group and network
Holdings and subsidiaries
Holdings 0
See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.
Former holdings (3)
Merged into this company on 21-10-2026.
- Equity €304,730Result €322,094100%
-
100%
-
100%
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Acquisitions and mergers
3 transactionsHistory
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
21-10
Gazette deed
General meeting · Other provisionMerger · Shareholding · Accounting effect12 facts ▸
Gazette deed
General meeting · Other provision
Merger · Shareholding · Accounting effect12 facts ▸
- General meeting, 30-09-2026
- Other provision, vergadering der aandeelhouders, afstand formaliteiten tot bijeenroeping
- Other provision, voorzitter en vergadering der aandeelhouders, lezing en onderzoek fusievoorstel
- Merger, fusie door overneming, fusievoorstel (3 times)
- Shareholding (3 times)
- Other provision, geen nieuwe aandelen, overnemende vennootschap enige aandeelhouder van over te nemen vennootschap
- Other provision, voorwerp overnemende vennootschap gelijkaardig voldoende ruim voor activiteiten overgenomen vennootschap
- Other provision, vervulling wettelijke fusieformaliteiten, fusievoorstel en jaarrekeningen laatste drie boekjaren
- Accounting effect, 01-07-2026
- Real estate
- Other provision, vervulling opschortende voorwaarde, vervuld
- Power of attorney
27-08
Gazette deed
RestructuringPermanent representatives: Arthur De Veene and Jan De Veene · Merger · Shareholding29 facts ▸
Gazette deed
Restructuring
Permanent representatives: Arthur De Veene and Jan De Veene · Merger · Shareholding29 facts ▸
- Merger, “fusie door overneming gelijkgestelde verrichting, gehele vermogen,rechten en verplichtingen” (deed in Dutch) (3 times)
- Other provision, “gehele vermogen door ontbinding zonder vereffening op andere vennootschap wanneer alle aandelen en stemrechtverlenende effecten in handen van die vennootschap o…” (deed in Dutch)
- Other provision, “artikel 12:50 WVV fusievoorstel inhoud en neerlegging, ter griffie ondernemingsrechtbank zetel” (deed in Dutch)
- Other provision, “juridische en bedrijfseconomische motivering fusie, aandelen JADE INFORMATICS BV,MAPA BV en MINDMERGE BV in handen van B-INSIDE BV” (deed in Dutch)
- Shareholding, 750 (2 times)
- Shareholding, 100
- Incorporation, 09-07-1986
- Capital (4 times)
- Other provision, “inschrijving rechtspersonenregister, Gent afdeling Kortrijk” (deed in Dutch)
- Board composition, Advima BV (sole director) (4 times)
- Board composition, Bedrijfs - Informatica Management en Advies BV (sole director) (4 times)
- Permanent representative, Arthur De Veene (representative) (2 times)
- +17 further facts in this act
03-06
financial year 2025 · full format
04-02
Gazette deed
Appointment: ADVIMA BV (managing director)Permanent representatives: Arthur De Veene and Filip Gekiere4 facts ▸
Gazette deed
Appointment: ADVIMA BV (managing director)
Permanent representatives: Arthur De Veene and Filip Gekiere4 facts ▸
- Board meeting, 16-12-2025
- Director appointment, ADVIMA BV (managing director)
- Permanent representative, Arthur De Veene
- Permanent representative, Filip Gekiere
2025
19-09
Gazette deed
Reappointment: VRC Bedrijfsrevisoren CVBA (statutory auditor)Permanent representatives: Bart Roobrouck, Lieselore Debrabandere and Filip Gekiere · Power of attorney6 facts ▸
Gazette deed
Reappointment: VRC Bedrijfsrevisoren CVBA (statutory auditor)
Permanent representatives: Bart Roobrouck, Lieselore Debrabandere and Filip Gekiere · Power of attorney6 facts ▸
- General meeting, 18-04-2025
- Auditor reappointment, VRC Bedrijfsrevisoren CVBA (statutory auditor)
- Permanent representative, Bart Roobrouck
- Permanent representative, Lieselore Debrabandere
- Power of attorney, Moore Finance & Tax BV
- Permanent representative, Filip Gekiere
05-05
financial year 2024 · abbreviated format
2024
31-12
Financial
Equity above €1mequity €1.3m ▲77.3%
3 profitable years in a row build equity to €1.3m.
26-04
financial year 2023 · full format
2023
28-04
financial year 2022 · full format
20-02
Gazette deed
Resignation: Moore Audit BV (statutory auditor)Appointment: VRC Bedrijfsrevisoren CVBA (statutory auditor) · Permanent representatives: Bart Roobrouck and Filip Gekiere6 facts ▸
Gazette deed
Resignation: Moore Audit BV (statutory auditor)
Appointment: VRC Bedrijfsrevisoren CVBA (statutory auditor) · Permanent representatives: Bart Roobrouck and Filip Gekiere6 facts ▸
- General meeting, 02-12-2022
- Auditor resignation, Moore Audit BV (statutory auditor)
- General meeting, 28-12-2022
- Auditor appointment, VRC Bedrijfsrevisoren CVBA (statutory auditor)
- Permanent representative, Bart Roobrouck
- Permanent representative, Filip Gekiere
2022
31-12
Financial
Back to profitnet €506,900
Net result €506,900 after one loss-making year.
10-06
financial year 2021 · full format
Show earlier events
2021
31-12
Financial
Weakest financial yearnet -€445,380
Net result drops to -€445,380, the lowest in the series; recovery starts the following year.
02-07
financial year 2020 · abbreviated format
2020
31-12
Financial
Highest result from 2018 to 2025net €823,190 ▲91.2%
Operating result €1.1m, net result €823,190, both a record.
31-12
Financial
Equity above €2mequity €2.4m ▲49%
A profit in every financial year since 2018 builds equity to €2.4m.
24-08
financial year 2019 · abbreviated format · 24 days late
2019
02-07
financial year 2018 · abbreviated format
2018
26-07
financial year 2017 · abbreviated format
2017
25-08
financial year 2016 · abbreviated format · 25 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordName
b-inside in Dutch
Enterprise number
0429.288.445
Legal form
Private limited company
Status
Active, normale toestand
Founded
09-07-1986
Type
Legal entity
Where it is based
Registered office
Grote Heerweg 75, 8791 Waregem, Belgium
Establishments
1 establishment unit since 1986
What it does
NACEBEL 202562100
Computer programming main activity
Invoicing and payment
VAT number
BE 0429.288.445
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Scores and ratios are computed by Checked and are not a credit decision.
Purpose according to the articles of association
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Grote Heerweg 75,8791 Waregem”
Articles of association, deed of 27-08-2026 (in Dutch)
Recognitions · licences · registrations
Legal Entity Identifier
699400V7EIR30LUJ3674
Environmental permits: No permit applications found in Flanders.
Sites & property
Registered office and establishments
1 establishment unit
Grote Heerweg 75-77, 8791 Waregem
since 1986unit no. 2.036.082.458
Buildings and parcels at the address
Ground area
2,924 m²
Building footprint
175 m²
Building volume
744 m³
Parcel 34006A0139/00G007, Flanders · tallest building 6.8 m.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34006A0139/00G007 | Flanders | 2,924 m² | 1 · 175 m² | 6.8 m · 1 |