Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Of this, €10,560 falls due within a year.
Green is investment, beige is depreciation.
The 2016 accounts came 230 days late. The other nine of the last ten were filed on time.
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 21,206 companies.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, 73% on liquidity, 5% on profitability and 2% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
In July 2024, 6,907 companies had the same profile as BASESTATION has now. Each dot stands for 18 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BASESTATION itself: 2.7% within 12 months.
The method was tested on the 497,447 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 6,907 companies, not a prediction for BASESTATION. 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.
Liquidity is ample, with a current ratio of 4.66 (3.44 in 2024), above the usual 1.5. Short-term debt is 20% of total assets. However, equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 33 days before 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.
| Company | ||||
|---|---|---|---|---|
| BASESTATION Kortrijk | €52,675 | -€37,097 | -34.0% | - |
| Priadus Geel | €57,170 | -€10,690 | 25.3% | - |
| Dux Development Ixelles | €45,370 | -€20,840 | -90.1% | - |
| QUIXPACE Ghent | €56,793 | -€5,006 | -116.2% | - |
| OPTIMAL SOLUTION PROVIDER Mont-Saint-Guibert | €59,118 | €185 | 6.5% | - |
| J4Ware Bruges | €53,413 | -€14,258 | 97.8% | - |
| TWODESIGNERS Liège | €53,368 | -€61,630 | 23.4% | - |
These companies have the same main activity as BASESTATION: computer programming (NACE 62100). They are comparable in size and age: total assets between €45,400 and €59,100, founded between 2005 and 2013.
BASESTATION files the micro format. That format states no turnover. The gross margin rose from -€233,598 in 2009 to -€37,097 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Lower than 95% of 21,206 companies in 2025.
Higher than 73% of 20,569 companies in 2025.
Lower than 95% of 20,744 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
52,675 | 28,488 | 49,690 | 65,401 | 48,828 | 52,799 | 51,335 | 37,364 | 64,668 | 54,159 | 121,038 | 121,726 | 226,332 | 161,722 | 208,696 | |
21/28 |
3,514 | - | - | - | 941 | 2,123 | 583 | 629 | 2,305 | 3,120 | 4,067 | 5,615 | 64,428 | 127,986 | 146,228 | |
21 |
2,492 | - | - | - | - | - | - | 629 | - | - | - | - | 70 | 256 | 349 | |
22/27 |
1,022 | - | - | - | 941 | 2,123 | 583 | - | 2,305 | 3,120 | 4,067 | 5,615 | 64,358 | 127,730 | 145,879 | |
23 |
- | - | - | - | 907 | 1,815 | - | - | - | - | - | 600 | 56,197 | 124,062 | 143,293 | |
24 |
1,022 | - | - | - | 33 | 308 | 583 | - | 2,258 | 3,010 | 3,895 | 4,780 | 7,800 | 3,182 | 2,038 | |
26 |
- | - | - | - | - | - | - | - | 47 | 110 | 172 | 235 | 361 | 486 | 549 | |
29/58 |
49,161 | 28,488 | 49,690 | 65,401 | 47,887 | 50,676 | 50,752 | 36,735 | 62,363 | 51,038 | 116,970 | 116,112 | 161,905 | 33,737 | 62,468 | |
3 |
17,077 | - | - | - | - | - | - | - | - | - | 24,767 | 24,767 | 23,988 | 23,988 | 21,650 | |
30/36 |
17,077 | - | - | - | - | - | - | - | - | - | 24,767 | 24,767 | 23,988 | 23,988 | 21,650 | |
40/41 |
32,084 | 25,222 | 30,771 | 65,401 | 40,746 | 50,676 | 50,752 | 30,396 | 62,336 | 51,011 | 72,065 | 71,206 | 99,597 | 9,422 | 16,702 | |
40 |
25,176 | 24,721 | 30,771 | 65,401 | 40,746 | 50,674 | 50,746 | 30,396 | 38,790 | 27,465 | 7,860 | 11,914 | 26,000 | 911 | 1,860 | |
41 |
6,908 | 501 | - | - | 0 | 3 | 6 | - | 23,547 | 23,547 | 64,205 | 59,292 | 73,597 | 8,511 | 14,842 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 24,116 | |
54/58 |
- | 3,266 | 18,919 | - | 7,141 | - | - | 6,339 | 27 | 27 | 27 | 27 | 5,578 | 27 | - | |
490/1 |
- | - | - | - | - | - | - | - | - | - | 20,112 | 20,112 | 32,741 | 300 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
52,675 | 28,488 | 49,690 | 65,401 | 48,828 | 52,799 | 51,335 | 37,364 | 64,668 | 54,159 | 121,038 | 121,726 | 226,332 | 161,722 | 208,696 | |
10/15 |
-17,885 | 20,205 | 28,387 | 25,472 | 8,561 | -6,105 | -12,567 | -28,221 | -44,391 | -56,507 | -32,675 | -26,407 | 90,733 | 131,750 | 37,280 | |
10/11 |
64,460 | 64,460 | 64,460 | 58,600 | 58,600 | 58,600 | 58,600 | 58,600 | 58,600 | 58,600 | 58,600 | 58,600 | 58,600 | 18,600 | 345,000 | |
100 |
- | - | - | - | - | - | 58,600 | 58,600 | 58,600 | 58,600 | 58,600 | 58,600 | 58,600 | 18,600 | 345,000 | |
13 |
- | - | - | 5,860 | 5,860 | 5,860 | 5,860 | 5,860 | 5,860 | 5,860 | 5,860 | 5,860 | 5,860 | - | - | |
130/1 |
- | - | - | 5,860 | 5,860 | 5,860 | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 5,860 | 5,860 | 5,860 | 5,860 | 5,860 | 5,860 | 5,860 | - | - | |
1311 |
- | - | - | 5,860 | 5,860 | 5,860 | - | - | - | - | - | - | - | - | - | |
14 |
-82,345 | -44,255 | -36,073 | -38,988 | -55,899 | -70,565 | -77,027 | -92,681 | -108,851 | -120,967 | -97,135 | -90,867 | 26,273 | 113,150 | -307,720 | |
17/49 |
70,560 | 8,283 | 21,303 | 39,929 | 40,267 | 58,904 | 63,903 | 65,585 | 109,059 | 110,666 | 153,713 | 148,133 | 135,599 | 29,972 | 171,416 | |
17 |
60,000 | - | - | - | 32,139 | 35,995 | 36,000 | - | - | - | - | - | 37,172 | - | - | |
170/4 |
60,000 | - | - | - | 32,139 | 35,995 | 36,000 | - | - | - | - | - | 37,172 | - | - | |
42/48 |
10,560 | 8,283 | 21,303 | 38,276 | 8,128 | 22,909 | 27,903 | 65,585 | 109,059 | 110,666 | 153,713 | 147,472 | 98,427 | 29,972 | 171,046 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | 7,749 | 9,882 | - | - | |
43 |
1,130 | 301 | - | 4,341 | - | 3,831 | 4,491 | - | 4,515 | 4,568 | 4,758 | 4,973 | 2,059 | 2,074 | - | |
430/8 |
1,130 | 301 | - | 4,341 | - | 3,831 | 4,491 | - | 4,515 | 4,568 | 4,758 | 4,973 | 2,059 | 2,074 | - | |
44 |
8,103 | 1,445 | - | 991 | 1,138 | 1,646 | 1,645 | 933 | 80 | 7,822 | 2,955 | - | 17,694 | 17,160 | 23,836 | |
440/4 |
8,103 | 1,445 | - | 991 | 1,138 | 1,646 | 1,645 | 933 | 80 | 7,822 | 2,955 | - | 17,694 | 17,160 | 23,836 | |
46 |
- | - | - | - | - | - | - | - | - | - | 4,500 | - | 37,823 | - | - | |
45 |
1,328 | - | 2,923 | 2,359 | - | 3,248 | 4,057 | 5,507 | 7,993 | 893 | - | - | 10,738 | 10,738 | 6,458 | |
450/3 |
10 | - | 2,923 | 1,088 | - | 3,248 | 4,057 | 5,507 | 7,993 | 893 | - | - | - | - | - | |
454/9 |
1,318 | - | - | 1,270 | - | - | - | - | - | - | - | - | 10,738 | 10,738 | 6,458 | |
47/48 |
- | 6,537 | 18,380 | 30,586 | 6,990 | 14,183 | 17,710 | 59,144 | 96,471 | 97,382 | 141,500 | 134,750 | 20,230 | - | 140,752 | |
492/3 |
- | - | - | 1,653 | - | - | - | - | - | - | - | 661 | - | - | 370 | |
| Income statement | ||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 233,031 | - | |
9900 |
-37,097 | -7,261 | 19,429 | 18,515 | 17,654 | 8,812 | 17,791 | 19,697 | 13,786 | 2,950 | -6,197 | -35,231 | 17,365 | -35,370 | -233,598 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 63,321 | 54,057 | |
630 |
259 | - | - | 941 | 1,182 | 1,182 | 871 | 1,676 | 815 | 947 | 1,547 | 4,190 | 35,938 | 34,453 | 13,142 | |
631/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 3,378 | - | |
640/8 |
141 | 608 | 15,879 | 122 | 1,067 | 480 | 582 | 754 | 205 | 25,187 | - | 101 | 295 | 929 | 2,983 | |
9901 |
-37,496 | -7,870 | 3,550 | 17,452 | 15,405 | 7,150 | 16,339 | 17,267 | 12,766 | -23,185 | -7,744 | -39,521 | -18,868 | -137,451 | -303,780 | |
75/76B |
57 | - | - | - | - | - | 106 | - | 0 | - | 2,652 | 3,992 | - | 54 | 968 | |
75 |
57 | - | - | - | - | - | 106 | - | 0 | - | 2,652 | 3,992 | - | 54 | 968 | |
65/66B |
650 | 312 | 635 | 542 | 739 | 687 | 791 | 1,097 | 650 | 647 | 1,177 | 1,585 | 2,647 | 1,159 | 4,908 | |
65 |
650 | 312 | 635 | 542 | 739 | 687 | 791 | 1,097 | 650 | 647 | 1,177 | 1,585 | 2,647 | 1,159 | 4,908 | |
9903 |
-38,089 | -8,182 | 2,915 | 16,911 | 14,666 | 6,463 | 15,654 | 16,170 | 12,116 | -23,832 | -6,268 | -37,114 | -21,515 | 94,475 | -307,720 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 5 | - | |
9904 |
-38,089 | -8,182 | 2,915 | 16,911 | 14,666 | 6,463 | 15,654 | 16,170 | 12,116 | -23,832 | -6,268 | -37,114 | -21,515 | 94,470 | -307,720 | |
9905 |
-38,089 | -8,182 | 2,915 | 16,911 | 14,666 | 6,463 | 15,654 | 16,170 | 12,116 | -23,832 | -6,268 | -37,114 | -21,515 | 94,470 | -307,720 | |
| Appropriation of the result | ||||||||||||||||
9906 |
-82,345 | -44,255 | -36,073 | -38,988 | -55,899 | -70,565 | -77,027 | -92,681 | -108,851 | -120,967 | -97,135 | -90,867 | 32,133 | -213,250 | -307,720 | |
14P |
-44,255 | -36,073 | -38,988 | -55,899 | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 326,400 | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | 5,860 | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 5,860 | - | - | |
| Social balance sheet | ||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1 | 1.2 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,200 | 2,008 | |
| Document | ||||||||||||||||
The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 31-03-2026 | 2026-00067803 | |
| 30-09-2024 | micro format | 26-03-2025 | 2025-00054752 | |
| 30-09-2023 | micro format | 20-03-2024 | 2024-00046171 | |
| 30-09-2022 | micro format | 16-03-2023 | 2023-00040145 | |
| 30-09-2021 | micro format | 31-03-2022 | 2022-10000235 | |
| 30-09-2020 | micro format | 30-03-2021 | 2021-09300339 | |
| 30-09-2019 | micro format | 14-04-2020 | 2020-09100294 | |
| 30-09-2018 | micro format | 03-04-2019 | 2019-09200370 | |
| 31-08-2017 | micro format | 29-03-2018 | 2018-08500085 | |
| 31-08-2016 | abbreviated format | 16-11-2017 | 2017-70000297 | |
| 31-08-2015 | abbreviated format | 29-02-2016 | 2016-05400328 | |
| 31-08-2014 | abbreviated format | 12-03-2015 | 2015-06100185 | |
| 31-08-2012 | abbreviated format | 02-05-2013 | 2013-11000479 | |
| 31-08-2010 | abbreviated format | 08-12-2011 | 2011-63200336 | |
| 31-08-2009 | abbreviated format | 30-03-2010 | 2010-08300392 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -37,238 | - | - | 18,393 | 16,587 | 8,332 | 17,210 | 18,943 | 13,581 | -22,238 | -6,197 | -35,332 | 17,070 | -102,998 | -290,638 | ||
| -37,831 | - | - | 17,851 | 15,848 | 7,645 | 16,525 | 17,846 | 12,931 | -22,884 | -4,721 | -32,924 | 14,423 | 128,923 | -294,578 | ||
| 3,773 | - | - | 0 | 0 | 2,722 | 825 | 0 | 0 | 0 | 0 | - | 660 | 16,211 | 159,369 | ||
| - | -15,653 | - | - | - | - | - | 6,312 | 0 | 0 | 0 | - | - | - | - | ||
| 38,601 | 20,205 | 28,387 | 27,125 | 39,760 | 27,768 | 22,850 | -28,850 | -46,696 | -59,627 | -36,743 | -31,361 | 63,478 | 3,765 | -108,577 | ||
| -34.0% | 70.9% | 57.1% | 38.9% | 17.5% | -11.6% | -24.5% | -75.5% | -68.6% | -104.3% | -27.0% | -21.7% | 40.1% | 81.5% | 17.9% | ||
| 4.66 | 3.44 | 2.33 | 1.71 | 5.89 | 2.21 | 1.82 | 0.56 | 0.57 | 0.46 | 0.76 | 0.79 | 1.64 | 1.13 | 0.37 | ||
| 3.04 | 3.44 | 2.33 | 1.71 | 5.89 | 2.21 | 1.82 | 0.56 | 0.57 | 0.46 | 0.60 | 0.62 | 1.40 | 0.33 | 0.24 | ||
| - | 0.41 | 0.75 | 1.57 | 4.70 | - | - | - | - | - | - | - | 1.49 | 0.23 | 4.60 | ||
| - | -40.5% | 10.3% | 66.4% | 171.3% | - | - | - | - | - | - | - | -23.7% | 71.7% | -825.4% | ||
| -72.3% | -28.7% | 5.9% | 25.9% | 30.0% | 12.2% | 30.5% | 43.3% | 18.7% | -44.0% | -5.2% | -30.5% | -9.5% | 58.4% | -147.4% | ||
| -57.27 | - | - | 33.95 | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €1,223 | - | - | - |
| Intangible fixed assets | €2,550 | - | - | - |
| €259 | - | - | €941 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €37,496, larger than the loss of €7,870 in 2024. It is the lowest result since 2014.
Equity is negative. Debt (€70,560) exceeds the balance-sheet total (€52,675).
Source: lists of holdings in the owners' accounts
BASESTATION has no parent and no holdings in its annual accounts. KINDT Jan Antoon Victor is the only director.
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Toekomststraat 60 registered office 8500 Kortrijk | 23-06-2008 | 2.171.322.828 | Retailer of food >3 months |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34354C0015/00D007 | 236 m² | 1 · 172 m² | 13.1 m · 3 |
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