BETTER WORLD
ActiveSummary
BETTER WORLD has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €506k and a net result of €38k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78=
Solvency100=
Growth69=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 14.19 against 8.37 in 2024; short-term debt: 2.9% and cash: 22.4% of total assets), and 2.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.1%
Return on assets
7.3%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
32 d late
2023
21 d late
2022
31 d late
2021
67 d early
2020
64 d early
2019
67 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€226k▲ 13.5%
2020 · €199k
2018: €190klowest in 4 years
2019: €211k▲ +11.1% vs 2018
2020: €199k▼ -5.6% vs 2019
2021: €226k▲ +13.5% vs 2020highest in 4 years
2018 → 2021
EBIT margin
38.9%▲ 4.5pp
2020 · 34.4%
2018: 17.0%lowest in 4 years
2019: 25.2%▲ +48.2% vs 2018
2020: 34.4%▲ +36.4% vs 2019
2021: 38.9%▲ +13.0% vs 2020highest in 4 years
2018 → 2021
Net result
€38k▲ 3.3%
2024 · €37k
2018: €28klowest in 8 years
2019: €37k▲ +33.8% vs 2018
2020: €47k▲ +26.1% vs 2019
2021: €64k▲ +37.0% vs 2020
2022: €35k▼ -46.1% vs 2021
2023: €67k▲ +94.8% vs 2022highest in 8 years
2024: €37k▼ -45.3% vs 2023
2025: €38k▲ +3.3% vs 2024
2018 → 2025
Working capital
€202k▼ 2.9%
2024 · €208k
2018: €201klowest in 8 years
2019: €267k▲ +32.8% vs 2018
2020: €339k▲ +27.0% vs 2019
2021: €424k▲ +25.1% vs 2020highest in 8 years
2022: €357k▼ -15.7% vs 2021
2023: €204k▼ -42.9% vs 2022
2024: €208k▲ +2.1% vs 2023
2025: €202k▼ -2.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€226k-
Equity€430k-€465k▲ 8.0%€459k▼ 1.3%€468k▲ 2.0%€506k▲ 8.1%
2021: €430klowest in 5 years
2022: €465k▲ +8.0% vs 2021
2023: €459k▼ -1.3% vs 2022
2024: €468k▲ +2.0% vs 2023
2025: €506k▲ +8.1% vs 2024highest in 5 years
Operating result€88k-€68k▼ 22.9%€65k▼ 3.8%€52k▼ 20.1%€51k▼ 2.0%
2021: €88khighest in 5 years
2022: €68k▼ -22.9% vs 2021
2023: €65k▼ -3.8% vs 2022
2024: €52k▼ -20.1% vs 2023
2025: €51k▼ -2.0% vs 2024lowest in 5 years
Net result€64k-€35k▼ 46.1%€67k▲ 94.8%€37k▼ 45.3%€38k▲ 3.3%
2021: €64k
2022: €35k▼ -46.1% vs 2021lowest in 5 years
2023: €67k▲ +94.8% vs 2022highest in 5 years
2024: €37k▼ -45.3% vs 2023
2025: €38k▲ +3.3% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 2% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €521k
Fixed assets
€304k ▲ 16.9%
Current assets
€218k ▼ 8.0%
Equity and liabilities €521k
Equity
€506k ▲ 8.1%
Debt
€15k ▼ 45.8%
Debt's share of the balance-sheet total falls from 5.7% to 2.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€65k▲
2024 · €62k
Cash flow
€52k▲
2024 · €47k
Current ratio
14.19▲
2024 · 8.37
Debt to equity
0.03▼
2024 · 0.06
ROE
7.5%▼
2024 · 7.9%
ROA
7.3%▼
2024 · 7.4%
Interest coverage
278.06▼
2024 · 359.20
Debt ≤ 1 year
€15k▼
2024 · €28k
Income taxes
€15k▼
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€496k€521k▲
Fixed assets21/28€260k€304k▲
Tangible fixed assets22/27€258k€301k▲
Land and buildings22€130k€124k▼
Plant, machinery and equipment23€3k€9k▲
Other tangible fixed assets26€124k€169k▲
Financial fixed assets28€2k€2k=
Current assets29/58€236k€218k▼
Amounts receivable within one year40/41€106k€70k▼
Trade receivables40€104k€61k▼
Other amounts receivable41€2k€9k▲
Current investments50/53€11k€23k▲
Cash at bank and in hand54/58€113k€117k▲
Deferred charges and accrued income490/1€6k€8k▲
Equity and liabilities
Total equity and liabilities10/49€496k€521k▲
Equity10/15€468k€506k▲
Contributions10/11€6k€6k=
Reserves13€288k€326k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€286k€324k▲
Profit (loss) carried forward14€173k€173k=
Amounts payable17/49€28k€15k▼
Amounts payable within one year42/48€28k€15k▼
Trade debts44€790€836▲
Suppliers440/4€790€836▲
Taxes, remuneration and social security45€27k€14k▼
Taxes450/3€27k€14k▼
Other amounts payable47/48€35-
Accrued charges and deferred income492/3€68€15▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€14k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€66k€68k▲
Operating profit (loss)9901€52k€51k▼
Financial income75/76B€601€2k▲
Recurring financial income75€601€2k▲
Financial charges65/66B€174€234▲
Recurring financial charges65€174€234▲
Profit (loss) for the period before taxes9903€53k€53k▲
Income taxes67/77€16k€15k▼
Profit (loss) for the period9904€37k€38k▲
Profit (loss) for the period to be appropriated9905€37k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€210k€211k▲
Profit (loss) brought forward from the previous period14P€173k€173k=
Transfer from equity791/2€28k-
Transfer to equity691/2€37k€38k▲
To other reserves6921€37k€38k▲
Profit to be distributed694/7€28k-
Return on contributions (dividend)694€28k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €226k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €113k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25k | €2k | €2k | €10k | €14k | ▲ 36.4% |
| Other operating charges640/8 | €90 | €589 | €1k | €3k | €3k | ▼ 13.2% |
| Gross operating margin9900 | €113k | €70k | €68k | €66k | €68k | ▲ 3.5% |
| Operating profit (loss)9901 | €88k | €68k | €65k | €52k | €51k | ▼ 2.0% |
| Financial income75/76B | €2k | €8k | €5k | €601 | €2k | ▲ 217% |
| Recurring financial income75 | €2k | €8k | €5k | €601 | €2k | ▲ 217% |
| Financial charges65/66B | €172 | €22k | €-19k | €174 | €234 | ▲ 34.7% |
| Recurring financial charges65 | €172 | €22k | €-19k | €174 | €234 | ▲ 34.7% |
| Non-recurring financial charges66B | €172 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €90k | €54k | €89k | €53k | €53k | ▲ 0.4% |
| Income taxes67/77 | €26k | €20k | €22k | €16k | €15k | ▼ 6.2% |
| Profit (loss) for the period9904 | €64k | €35k | €67k | €37k | €38k | ▲ 3.3% |
| Profit (loss) for the period to be appropriated9905 | €64k | €35k | €67k | €37k | €38k | ▲ 3.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €463k | €496k | €580k | €496k | €521k | ▲ 5.0% |
| Fixed assets21/28 | €6k | €108k | €255k | €260k | €304k | ▲ 16.9% |
| Tangible fixed assets22/27 | €4k | €106k | €253k | €258k | €301k | ▲ 17.1% |
| Land and buildings22 | - | - | €137k | €130k | €124k | ▼ 5.3% |
| Plant, machinery and equipment23 | €4k | €2k | €3k | €3k | €9k | ▲ 161% |
| Other tangible fixed assets26 | - | €103k | €112k | €124k | €169k | ▲ 36.7% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €457k | €388k | €326k | €236k | €218k | ▼ 8.0% |
| Amounts receivable within one year40/41 | €131k | €127k | €68k | €106k | €70k | ▼ 34.5% |
| Trade receivables40 | €56k | €52k | €60k | €104k | €61k | ▼ 41.3% |
| Other amounts receivable41 | €75k | €74k | €8k | €2k | €9k | ▲ 291% |
| Current investments50/53 | - | €131k | - | €11k | €23k | ▲ 110% |
| Cash at bank and in hand54/58 | €326k | €122k | €251k | €113k | €117k | ▲ 3.3% |
| Deferred charges and accrued income490/1 | - | €9k | €7k | €6k | €8k | ▲ 32.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €463k | €496k | €580k | €496k | €521k | ▲ 5.0% |
| Equity10/15 | €430k | €465k | €459k | €468k | €506k | ▲ 8.1% |
| Contributions10/11 | €8k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €249k | €285k | €279k | €288k | €326k | ▲ 13.2% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €249k | €283k | €277k | €286k | €324k | ▲ 13.3% |
| Profit (loss) carried forward14 | €173k | €173k | €173k | €173k | €173k | = |
| Amounts payable17/49 | €33k | €31k | €122k | €28k | €15k | ▼ 45.8% |
| Amounts payable within one year42/48 | €33k | €31k | €122k | €28k | €15k | ▼ 45.8% |
| Trade debts44 | €4k | €6k | €107k | €790 | €836 | ▲ 5.9% |
| Suppliers440/4 | €4k | €6k | €107k | €790 | €836 | ▲ 5.9% |
| Taxes, remuneration and social security45 | €12k | €25k | €15k | €27k | €14k | ▼ 47.2% |
| Taxes450/3 | €12k | €25k | €15k | €27k | €14k | ▼ 47.2% |
| Other amounts payable47/48 | €17k | - | - | €35 | - | - |
| Accrued charges and deferred income492/3 | - | €124 | - | €68 | €15 | ▼ 77.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64k | €35k | €67k | €37k | €38k | ▲ 3.3% |
| + Depreciation and write-downs630 | €25k | €2k | €2k | €10k | €14k | ▲ 36.4% |
| Operating cash flow (approximation) | €89k | €36k | €69k | €47k | €52k | ▲ 10.5% |
| Investment in fixed assets (approximation) | - | €-103k | €-149k | €-15k | €-58k | ▼ 282% |
| Change in cash | - | €-205k | €130k | €-138k | €4k | ▲ 103% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €500kEq €506k ▲8.1%
8 profitable years in a row build equity to €506k.
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 8.37
Current ratio from 2.67 to 8.37; short-term debt falls from €122k to €28k.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Highest result since 2018net €67k ▲94.8%
Net result €67k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1997
Ground area
168 m²
Building footprint
87 m²
Volume, LiDAR
1,051 m³
Parcel 21446D0007/00M008, Brussels · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Valère-Gillesquare 4, 1050 Elsene
since 19972.082.708.774
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21446D0007/00M008 | Brussels | 168 m² | 1 · 87 m² | 14.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 11,915 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-07-1997
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
66199Other activities auxiliary to financial services, excluding insurance and pension funding
Scores and ratios are computed by Checked and are not a credit decision.