Financials
- Fiscal year
- 2024
- Total assets
- €2.7m
- Profit
- €35,400
- Solvency
- 19.2%
Total assets▼ 3.6%
Net result
20182024
BDE-Research
ActiveSummary
BDE-Research has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €515,286 and a net result of €35,400. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 1556 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Activity
Computer consultancy and computer facilities management
NACE 62200IT consultancy NACE 62020
#10 company by total assets in Nivelles, Telecoms and IT sector1 site
Size
€2.7mtotal assets 2024
- Equity
- €515,286
- Profit
- €35,400
Structure
- Parent
- BDE INVEST · 80%
Accounts 64 d overdue0 of 4 deeds read
Why 62- Liquidity: current ratio 0.58, cash €199- Figures for FY 2024 (filed 10-07-2025)+ Sector Computer programming, consultancy and related activities (NACE 62)+ Size: total assets €2.7mShow the evidence
Checked score
Score 2024
62
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 30% of its sector peers (NACE 62, small)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
44-3
equity 19.2% of total assets
Liquidity
41=
short-term debt 25.2% · cash 0.0%
Profitability
56+18
return on assets 1.3%
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%
12-2024: 0.3%● 0.0% vs 11-2024
01-2025: 0.3%● 0.0% vs 12-2024
02-2025: 0.3%● 0.0% vs 01-2025
03-2025: 0.3%▲ +19.3% vs 02-2025
04-2025: 0.4%▲ +8.1% vs 03-2025
05-2025: 0.4%▲ +1.6% vs 04-2025
06-2025: 0.4%▲ +0.3% vs 05-2025
07-2025: 0.5%▲ +20.2% vs 06-2025
08-2025: 0.3%▼ -41.9% vs 07-2025
09-2025: 0.3%● 0.0% vs 08-2025
10-2025: 0.3%▼ -2.6% vs 09-2025lowest value
11-2025: 0.3%● 0.0% vs 10-2025lowest value
12-2025: 0.3%● 0.0% vs 11-2025lowest value
01-2026: 0.3%● 0.0% vs 12-2025lowest value
02-2026: 0.3%▲ +1.9% vs 01-2026
03-2026: 0.3%▲ +19.3% vs 02-2026
04-2026: 0.3%▲ +8.3% vs 03-2026
05-2026: 0.3%▼ -0.3% vs 04-2026
06-2026: 0.3%▲ +1.2% vs 05-2026
07-2026: 0.4%▲ +2.0% vs 06-2026
08-2026: 0.7%▲ +110% vs 07-2026
09-2026: 1.0%▲ +30.8% vs 08-2026
10-2026: 1.5%▲ +54.4% vs 09-2026highest value
- Liquidity: current ratio 0.58, cash €199 raises the probability
- Figures for FY 2024 (filed 10-07-2025) raises the probability
- Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
- Size: total assets €2.7m lowers the probability for this profile
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.58 against 0.61 in 2023; short-term debt: 25.2% and cash: 0% of total assets), and 80.8% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 62, small). Better than this share of them on solvency 27%, liquidity 40%, profitability 36%, growth against the median 17%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
24 d early
2022
31 d early
2021
123 d early
2020
31 d late
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Back to profitnet €35,400
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Board & ownership
- Parent
- BDE INVEST · 80%
Timeline
- Events
- 14
- Since
- 2016
- 10-07-2025Annual accounts filed
- 31-12-2024Back to profit
- 07-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Founded
- 05-03-2010
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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