BELSINESA
ActiveSummary
BELSINESA has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €492,336 and a net result of €89,047. Equity is growing by about 7.4% per year across the filed financial years. Its solvency ranks better than 93% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €492,336
- Profit
- €89,047
Why 95lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €523,545Equity €492,336 (94.0% of total assets)Figures for financial year 2025 (filed 24-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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, micro): better than 85% on solvency, 42% on liquidity, 53% on profitability and 60% on growth.
The bankruptcy probability was computed on 30-10-2026 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
This company filed its last 7 accounts on average 20 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)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €89,047 ▲40.7%
- Liquidity more than doubledcurrent ratio 15.98
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 23% 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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
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).
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €4,000 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,636 | €4,637 | €2,699 | €1,558 | €1,866 | €7,154 | €9,635 | €9,641 | ▲ 0.1% |
| Other operating charges640/8 | - | - | - | €1,285 | €653 | €1,008 | €1,014 | €877 | ▼ 13.5% |
| Gross operating margin9900 | €83,243 | €48,506 | €66,124 | €100,609 | €86,193 | €104,621 | €94,402 | €113,781 | ▲ 20.5% |
| Operating profit (loss)9901 | €77,656 | €42,715 | €62,343 | €97,766 | €83,674 | €96,459 | €83,753 | €103,263 | ▲ 23.3% |
| Financial income75/76B | - | - | - | €690 | €1,665 | €898 | €6,802 | €24,060 | ▲ 254% |
| Recurring financial income75 | €229 | €1,071 | €13,687 | €690 | €1,665 | €898 | €6,802 | €24,060 | ▲ 254% |
| Financial charges65/66B | - | - | - | €26 | €28 | €886 | €1,002 | €494 | ▼ 50.6% |
| Recurring financial charges65 | €863 | €519 | €137 | €26 | €28 | €886 | €1,002 | €494 | ▼ 50.6% |
| Profit (loss) for the period before taxes9903 | €77,021 | €43,266 | €75,893 | €98,430 | €85,310 | €96,471 | €89,553 | €126,829 | ▲ 41.6% |
| Transfer from deferred taxes780 | - | - | - | €23,727 | - | - | - | - | - |
| Income taxes67/77 | €23,083 | €14,140 | €22,372 | €33,980 | €24,756 | €28,489 | €26,284 | €37,782 | ▲ 43.7% |
| Profit (loss) for the period9904 | €53,939 | €29,125 | €53,521 | €88,177 | €60,555 | €67,982 | €63,268 | €89,047 | ▲ 40.7% |
| Profit (loss) for the period to be appropriated9905 | €53,939 | €29,125 | €53,521 | €88,177 | €60,555 | €67,982 | €63,268 | €89,047 | ▲ 40.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €313,590 | €339,174 | €380,984 | €377,843 | €428,527 | €481,757 | €491,579 | €523,545 | ▲ 6.5% |
| Fixed assets21/28 | €18,332 | €13,696 | €10,996 | €12,338 | €14,102 | €44,094 | €34,459 | €24,817 | ▼ 28.0% |
| Tangible fixed assets22/27 | €18,082 | €13,446 | €10,746 | €12,338 | €14,102 | €44,094 | €34,459 | €24,817 | ▼ 28.0% |
| Furniture and vehicles24 | - | - | - | - | €3,250 | €34,728 | €26,579 | €18,424 | ▼ 30.7% |
| Other tangible fixed assets26 | - | - | - | €12,338 | €10,852 | €9,366 | €7,880 | €6,394 | ▼ 18.9% |
| Financial fixed assets28 | €250 | €250 | €250 | - | - | - | - | - | - |
| Current assets29/58 | €295,258 | €325,478 | €369,987 | €365,505 | €414,424 | €437,663 | €457,120 | €498,727 | ▲ 9.1% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | - | €170,000 | - |
| Other amounts receivable291 | - | - | - | - | - | - | - | €170,000 | - |
| Amounts receivable within one year40/41 | €39,921 | €34,192 | €21,614 | €37,268 | €45,994 | €45,713 | €50,695 | €51,832 | ▲ 2.2% |
| Trade receivables40 | - | - | - | €37,268 | €40,250 | €33,190 | €34,828 | €41,356 | ▲ 18.7% |
| Other amounts receivable41 | - | - | - | - | €5,744 | €12,524 | €15,866 | €10,476 | ▼ 34.0% |
| Current investments50/53 | €231,082 | €267,832 | €245,734 | €120,217 | €157,383 | €194,011 | €213,929 | €238,027 | ▲ 11.3% |
| Cash at bank and in hand54/58 | €23,754 | €23,332 | €32,639 | €208,020 | €211,048 | €197,939 | €192,497 | €38,868 | ▼ 79.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €313,590 | €339,174 | €380,984 | €377,843 | €428,527 | €481,757 | €491,579 | €523,545 | ▲ 6.5% |
| Equity10/15 | €294,514 | €323,639 | €284,160 | €348,610 | €409,164 | €422,146 | €432,414 | €492,336 | ▲ 13.9% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €288,314 | €317,439 | €277,960 | €342,410 | €402,964 | €415,946 | €426,214 | €486,136 | ▲ 14.1% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €340,550 | €401,104 | €415,946 | €426,214 | €486,136 | ▲ 14.1% |
| Profit (loss) carried forward14 | - | - | - | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €19,076 | €15,535 | €96,824 | €29,234 | €19,362 | €59,611 | €59,164 | €31,209 | ▼ 47.3% |
| Amounts payable after more than one year17 | €4,721 | - | - | - | - | €7,400 | €0 | - | - |
| Financial debts170/4 | - | - | - | - | - | €7,400 | €0 | - | - |
| Amounts payable within one year42/48 | €14,355 | €15,535 | €96,824 | €29,234 | €19,362 | €52,212 | €59,164 | €31,209 | ▼ 47.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €17,333 | €7,400 | €0 | ▼ 100% |
| Trade debts44 | €2,503 | €1,527 | €145 | €1,994 | - | €2,546 | €1,274 | €209 | ▼ 83.6% |
| Suppliers440/4 | - | - | - | €1,994 | - | €2,546 | €1,274 | €209 | ▼ 83.6% |
| Taxes, remuneration and social security45 | - | - | - | €9,434 | €1,547 | €5,938 | €6,746 | €5,994 | ▼ 11.2% |
| Taxes450/3 | - | - | - | €7,084 | €1,547 | €5,938 | €6,746 | €5,994 | ▼ 11.2% |
| Remuneration and social security454/9 | - | - | - | €2,350 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €17,806 | €17,815 | €26,394 | €43,744 | €25,007 | ▼ 42.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53,939 | €29,125 | €53,521 | €88,177 | €60,555 | €67,982 | €63,268 | €89,047 | ▲ 40.7% |
| + Depreciation and write-downs630 | €4,636 | €4,637 | €2,699 | €1,558 | €1,866 | €7,154 | €9,635 | €9,641 | ▲ 0.1% |
| Operating cash flow (approximation) | €58,575 | €33,762 | €56,221 | €89,735 | €62,421 | €75,136 | €72,904 | €98,688 | ▲ 35.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,900 | -€3,630 | -€37,146 | €0 | €0 | - |
| Change in cash | - | -€422 | €9,306 | €175,381 | €3,028 | -€13,109 | -€5,442 | -€153,629 | ▼ 2,723% |
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 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 24-06-2026 | 2026-00194253 |
| 31-12-2024 | micro format | 20-07-2025 | 2025-00290691 |
| 31-12-2023 | micro format | 12-07-2024 | 2024-00240990 |
| 31-12-2022 | micro format | 12-07-2023 | 2023-00228898 |
| 31-12-2021 | micro format | 11-07-2022 | 2022-20175456 |
| 31-12-2020 | micro format | 14-07-2021 | 2021-35100411 |
| 31-12-2019 | micro format | 16-07-2020 | 2020-31200125 |
| 31-12-2018 | micro format | 04-07-2019 | 2019-28000128 |
| 31-12-2017 | micro format | 13-07-2018 | 2018-32100303 |
| 31-12-2016 | micro format | 12-07-2017 | 2017-29700525 |
Similar companies · same sector, comparable size
Public contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HERMANS Bert |
|
Owners and capital
Capital and shareholders
- 17-01-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
17-01
Gazette deed
Resignation: HERMANS Bert (manager)Appointment: HERMANS Bert (director) · Director discharge · Registered office clause11 facts ▸
- Director resignation, HERMANS Bert (manager)
- Director appointment, HERMANS Bert (director (not named in the articles))
- Director discharge, HERMANS Bert
- Registered office clause, “2275 Lille,Akkerstraat 42” (deed in Dutch)
- Power of attorney
- Power of attorney, Ann Schaeken
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening, volledig beschikbaar voor uitkering” (deed in Dutch)
- Other provision, “niet-opgevraagde inbrengen-geen vrijstelling van volstortingsplicht”, 12400 (deed in Dutch)
- Amendment of the articles
Show earlier events
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13019E0235/00F000 | Flanders | 1,279 m² | 1 · 171 m² | 9.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Ontwerpen en programmeren van computerprogramma’s,computerconsultancy-activiteiten en aanverwante activiteiten; Beheer van…” (deed in Dutch)
27 activities (deed in Dutch)
- Ontwerpen en programmeren van computerprogramma’s,computerconsultancy-activiteiten en aanverwante activiteiten
- Beheer van computerfaciliteiten
- Overige diensten op het gebied van informatietechnologie en computer
- Dienstverlenende activiteiten op het gebied van informatie
- Gegevensverwerking,webhosting en aanverwante activiteiten
- Webportalen
- Verlenen van advies over soorten computers(hardware)en hun configuratie en toepassing van bijbehorende programmatuur(software);analyseren van behoeften en problemen van gebruiker en het aanbieden van de beste oplossing
- Computeradviesbureau
- Analyseren,ontwerpen,programmeren en eventueel uitgeven van gebruiksklare systemen,inclusief van automatische data-identificatie;ontwikkeling,productie,levering/samenstelling van documentatie over standaard-of speciale programmatuur
- Het verlenen van advies met betrekking tot informaticaprogramma’s
- Gegevensverwerking
- Het al dan niet permanent verwerken van gegevens met behulp van een eigen programma of een programma van de klant:invoeren van gegevens en volledige verwerking van gegevens
- Het permanent beheren van en werken met de gegevensverwerkende apparatuur van derden
- Databanken
- De samenstelling van databanken door samenbrengen en al dan niet interpreteren van bestaande gegevens uit verschillende bronnen(uurroosters,industriële catalogi,wetenschappelijke gegevens,financiële informatie,adressenbestanden,enz.)
- Ter beschikking stellen van databank door het leveren van gegevens in een bepaalde volgorde on-line door gegevens,op verzoek gesorteerd,toegankelijk te maken voor iedereen of voor bepaalde groep gebruikers door midden van de listings,enz.
- De overige activiteiten in verband met computers.
- I.Voor eigen rekening:het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten vennootschappen en het beheer van een roerend vermogen.
- Het beheer van een onroerend vermogen en de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,alsmede zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen.
- II.Voor eigen rekening,voor rekening van derden,of in deelneming met derden,bijdragen tot de vestiging en de ontwikkeling van ondernemingen en inzonderheid:a.het bevorderen van de oprichting van vennootschappen door inbreng,participaties of investering;
- B.het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,onder om het even welke vorm;in dit kader kan zij ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels-en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan deposito banken,houders van deposito's op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatie-ondernemingen.
- C.het verlenen van adviezen van financiële,technische,commerciële of administratieve aard;in de ruimste zin,met uitzondering van adviesverschaffing inzake beleggingen en geldplaatsingen;bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur.
- D.het waarnemen van alle bestuursopdrachten,het uitoefenen van opdrachten en functies in andere ondernemingen of vennootschappen.
- E.het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa.
- F.het verlenen van administratieve prestaties en computerservices alsmede het verlenen van adviezen hieromtrent.
- G.de aan-en verkoop,in-en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in 't kort tussenpersoon in de handel.
- H.het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe technologieën en hun toepassingen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BELSINESA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen in…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde termijn, één of meer bestuurders” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Tenzij statuten anders bepalen, Stemrechten kunnen enkel aan aandelen verbonden worden” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Artikel 18. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de zetel op twintig…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vennootschap in vereffening, een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen” (deed in Dutch)