BINALECT
ActiveSummary
BINALECT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62k and a net result of €18k. Equity is shrinking by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 63% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▼-6
Solvency96▲+21
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.47 against 1.96 in 2024; short-term debt: 28.5% and cash: 98.4% of total assets), and 28.5% 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 · 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
71.5%
Return on assets
20.2%
Age of the figures
9 mo
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 €62k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
26 d late
2024
20 d late
2023
2 d early
2022
8 d late
2021
26 d early
2020
26 d early
2019
14 d late
← 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
Equity
€62k▲ 39.5%
2024 · €45k
2018: €68k
2019: €92k▲ +36.4% vs 2018highest in 8 years
2020: €74k▼ -20.0% vs 2019
2021: €58k▼ -22.0% vs 2020
2022: €41k▼ -28.7% vs 2021
2023: €24k▼ -40.8% vs 2022lowest in 8 years
2024: €45k▲ +82.9% vs 2023
2025: €62k▲ +39.5% vs 2024
2018 → 2025
Total assets
€87k▼ 2.8%
2024 · €89k
2018: €171khighest in 8 years
2019: €137k▼ -19.4% vs 2018
2020: €109k▼ -20.4% vs 2019
2021: €77k▼ -29.2% vs 2020
2022: €52k▼ -32.9% vs 2021
2023: €33k▼ -36.5% vs 2022lowest in 8 years
2024: €89k▲ +170% vs 2023
2025: €87k▼ -2.8% vs 2024
2018 → 2025
Net result
€18k▼ 62.0%
2024 · €46k
2018: €24k
2019: €25k▲ +3.8% vs 2018
2020: €-18k▼ -175% vs 2019lowest in 8 years
2021: €-16k▲ +12.1% vs 2020
2022: €-17k▼ -1.8% vs 2021
2023: €-17k▼ -1.5% vs 2022
2024: €46k▲ +375% vs 2023highest in 8 years
2025: €18k▼ -62.0% vs 2024
2018 → 2025
Working capital
€61k▲ 42.1%
2024 · €43k
2018: €22k
2019: €51k▲ +137% vs 2018
2020: €38k▼ -25.0% vs 2019
2021: €27k▼ -28.7% vs 2020
2022: €22k▼ -19.0% vs 2021
2023: €19k▼ -14.3% vs 2022lowest in 8 years
2024: €43k▲ +126% vs 2023
2025: €61k▲ +42.1% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€41k▼ 28.7%€24k▼ 40.8%€45k▲ 82.9%€62k▲ 39.5%
2021: €58k
2022: €41k▼ -28.7% vs 2021
2023: €24k▼ -40.8% vs 2022lowest in 5 years
2024: €45k▲ +82.9% vs 2023
2025: €62k▲ +39.5% vs 2024highest in 5 years
Operating result€-16k-€-16k▼ 3.0%€-17k▼ 3.1%€46k€19k▼ 58.0%
2021: €-16k
2022: €-16k▼ -3.0% vs 2021
2023: €-17k▼ -3.1% vs 2022lowest in 5 years
2024: €46k▲ +376% vs 2023highest in 5 years
2025: €19k▼ -58.0% vs 2024
Net result€-16k-€-17k▼ 1.8%€-17k▼ 1.5%€46k€18k▼ 62.0%
2021: €-16k
2022: €-17k▼ -1.8% vs 2021
2023: €-17k▼ -1.5% vs 2022lowest in 5 years
2024: €46k▲ +375% vs 2023highest in 5 years
2025: €18k▼ -62.0% 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 falls in 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €87k
Fixed assets
€1k ▼ 34.3%
Current assets
€86k ▼ 2.2%
Equity and liabilities €87k
Equity
€62k ▲ 39.5%
Debt
€25k ▼ 44.8%
Debt's share of the balance-sheet total falls from 50.2% to 28.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▼
2024 · €51k
Cash flow
€18k▼
2024 · €52k
Current ratio
3.47▲
2024 · 1.96
Debt to equity
0.40▼
2024 · 1.01
ROE
28.3%▼
2024 · 103.7%
ROA
20.2%▼
2024 · 51.7%
Interest coverage
71.91▼
2024 · 366.70
Debt ≤ 1 year
€25k▼
2024 · €45k
Income taxes
€2k▲
2024 · €30
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€89k€87k▼
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€88k€86k▼
Amounts receivable within one year40/41€14k€309▼
Trade receivables40€14k-
Other amounts receivable41€68€309▲
Cash at bank and in hand54/58€73k€85k▲
Deferred charges and accrued income490/1-€86
Equity and liabilities
Total equity and liabilities10/49€89k€87k▼
Equity10/15€45k€62k▲
Contributions10/11€20k€20k=
Reserves13€24k€41k▲
Distributable reserves133€24k€41k▲
Profit (loss) carried forward14€309€309=
Amounts payable17/49€45k€25k▼
Amounts payable within one year42/48€45k€25k▼
Trade debts44€3k€362▼
Suppliers440/4€3k€362▼
Taxes, remuneration and social security45€7k€2k▼
Taxes450/3€7k€2k▼
Other amounts payable47/48€35k€23k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€537▼
Other operating charges640/8€387-
Gross operating margin9900€52k€20k▼
Operating profit (loss)9901€46k€19k▼
Financial income75/76B€226€217▼
Recurring financial income75€226€217▼
Financial charges65/66B€140€277▲
Recurring financial charges65€140€277▲
Profit (loss) for the period before taxes9903€46k€19k▼
Income taxes67/77€30€2k▲
Profit (loss) for the period9904€46k€18k▼
Profit (loss) for the period to be appropriated9905€46k€18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€18k▼
Profit (loss) brought forward from the previous period14P€-20k€309▲
Transfer to equity691/2-€18k
To other reserves6921-€18k
Profit to be distributed694/7€26k-
Return on contributions (dividend)694€26k-
The notes to these accounts (6 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €14k | €14k | €5k | €537 | ▼ 90.0% |
| Other operating charges640/8 | €102 | €1k | €384 | €387 | - | - |
| Gross operating margin9900 | €-2k | €-1k | €-3k | €52k | €20k | ▼ 61.6% |
| Operating profit (loss)9901 | €-16k | €-16k | €-17k | €46k | €19k | ▼ 58.0% |
| Financial income75/76B | €75 | €2 | €100 | €226 | €217 | ▼ 4.1% |
| Recurring financial income75 | €75 | €2 | €100 | €226 | €217 | ▼ 4.1% |
| Financial charges65/66B | €552 | €290 | €133 | €140 | €277 | ▲ 97.2% |
| Recurring financial charges65 | €552 | €290 | €133 | €140 | €277 | ▲ 97.2% |
| Profit (loss) for the period before taxes9903 | €-16k | €-17k | €-17k | €46k | €19k | ▼ 58.2% |
| Income taxes67/77 | - | - | - | €30 | €2k | ▲ 5,770% |
| Profit (loss) for the period9904 | €-16k | €-17k | €-17k | €46k | €18k | ▼ 62.0% |
| Profit (loss) for the period to be appropriated9905 | €-16k | €-17k | €-17k | €46k | €18k | ▼ 62.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €77k | €52k | €33k | €89k | €87k | ▼ 2.8% |
| Fixed assets21/28 | €32k | €19k | €5k | €2k | €1k | ▼ 34.3% |
| Intangible fixed assets21 | €32k | €19k | €5k | - | - | - |
| Tangible fixed assets22/27 | €0 | - | - | €2k | €1k | ▼ 34.3% |
| Furniture and vehicles24 | €0 | - | - | €2k | €1k | ▼ 34.3% |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €45k | €33k | €28k | €88k | €86k | ▼ 2.2% |
| Amounts receivable within one year40/41 | €0 | - | €30 | €14k | €309 | ▼ 97.8% |
| Trade receivables40 | - | - | - | €14k | - | - |
| Other amounts receivable41 | €0 | - | €30 | €68 | €309 | ▲ 357% |
| Cash at bank and in hand54/58 | €45k | €33k | €28k | €73k | €85k | ▲ 16.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €86 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €77k | €52k | €33k | €89k | €87k | ▼ 2.8% |
| Equity10/15 | €58k | €41k | €24k | €45k | €62k | ▲ 39.5% |
| Contributions10/11 | €19k | €19k | €20k | €20k | €20k | = |
| Reserves13 | €26k | €26k | €24k | €24k | €41k | ▲ 74.0% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €24k | €24k | €24k | €24k | €41k | ▲ 74.0% |
| Profit (loss) carried forward14 | €13k | €-3k | €-20k | €309 | €309 | = |
| Amounts payable17/49 | €20k | €11k | €9k | €45k | €25k | ▼ 44.8% |
| Amounts payable after more than one year17 | €2k | - | - | - | - | - |
| Financial debts170/4 | €2k | - | - | - | - | - |
| Amounts payable within one year42/48 | €18k | €11k | €9k | €45k | €25k | ▼ 44.8% |
| Current portion of amounts payable after more than one year42 | €9k | €2k | - | - | - | - |
| Trade debts44 | - | - | €61 | €3k | €362 | ▼ 89.1% |
| Suppliers440/4 | - | - | €61 | €3k | €362 | ▼ 89.1% |
| Taxes, remuneration and social security45 | €9 | - | - | €7k | €2k | ▼ 73.6% |
| Taxes450/3 | €9 | - | - | €7k | €2k | ▼ 73.6% |
| Other amounts payable47/48 | €9k | €9k | €9k | €35k | €23k | ▼ 35.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-16k | €-17k | €-17k | €46k | €18k | ▼ 62.0% |
| + Depreciation and write-downs630 | €14k | €14k | €14k | €5k | €537 | ▼ 90.0% |
| Operating cash flow (approximation) | €-2k | €-3k | €-3k | €52k | €18k | ▼ 64.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-2k | €0 | ▲ 100% |
| Change in cash | - | €-12k | €-5k | €46k | €12k | ▼ 74.0% |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Back to profitnet €46k
Net result €46k after 4 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 3.03
Current ratio from 1.29 to 3.03; short-term debt falls from €74k to €25k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Oudergem · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
G. E. Lebonlaan 1221160 Oudergem1 establishment unit
BINALECT
since 20172.264.018.008
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,481 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
Founded19-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.