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Binary

Active Private limited companyfounded 2024active for 2 yearsBoommeerstraat 17, 3600 GenkKBO/BCE: BE 1004.665.820

Overview

Lifetime

2 annual accounts with figures on one time axis
Gross marginpeak €32,537 (2025)
€32,537▲ 2.3%
Resultpeak €23,695 (2024)
€21,762▼ 8.2%
Equitypeak €45,556 (2025)
€45,556▲ 91.5%
Debts
€22,171▲ 39.3%
Board1 name since 2024
1 directorBRIERS Christian Gerry Valentijn
Documentsfilings and deeds
28-07-20263 days before the deadline
2025micro format
Registered office moved within Genk 26-05Equity from €23,795 to €45,556Debts from €15,911 to €22,171Investments €26,136

Key points

from the 2025 annual accounts

Turnover

≈ €95,000 estimated

The micro format states no turnover.

Investments

€26,136 11.5 × depreciation
20242025

Green is investment, beige is depreciation.

Checked score

94
Excellent
Financially stronger than 72% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,551 companies (NACE 70, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 02-2025: 0.7% 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 2.5%▲ +1.8 percentage points vs 05-2025 07-2025: 2.6%▲ +0.1 percentage points vs 06-2025 08-2025: 2.7%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.7%▼ -2.0 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.8%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▼ -0.2 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.1%▼ -0.6 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

Solvency
92+7equity 67.3% of total assets
Liquidity
63-22short-term debt 30.3% · cash 20.3%
Profitability
100=return on assets 32.1%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 1.98, cash €13,758
Figures for financial year 2025 (filed on 28-07-2026)
Calculation

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 70, micro). It does better than 63% of them on solvency, 55% on liquidity, 84% on profitability and 88% on growth.

The bankruptcy probability was computed on 05-11-2026 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 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as Binary has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of Binary itself is lower: 0.1% within 12 months. It rests on far more data about Binary than the profile alone.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 39,278 companies, not a prediction for Binary. 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.

Credit verdict

Credit of up to €4,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.98 (2.72 in 2024), above the usual 1.5. Short-term debt is 30.3% and cash 20.3% of total assets. 32.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 1.98, cash €13,758
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 28-07-2026)
NBB · annual accounts
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 28-07-2026, 3 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
3 days early
2024
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 3 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

  • BRIERS Christian Gerry Valentijn 100 sharesdeed of 17-01-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1004665820
Registered office moved within Genk New registered office: Boommeerstraat 17, 3600 Genk · Previous registered office: Thor Park 8027 bus 02.25, 3600 Genk · General meeting of 25-04-2025 · Gazette deed
Registered office moved from Zonhoven to Genk New registered office: Thor Park 8027 bus 02.25, 3600 Genk · Previous registered office: Hortstraat 30 bus A, 3520 Zonhoven · General meeting of 06-06-2024 · Gazette deed
Incorporation Founding capital of €100, 100 shares · Founder: BRIERS Christian Gerry Valentijn · Appointment: BRIERS Christian Gerry Valentijn (director) · published on 17-01-2024 · Gazette deed
All 7 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
Binary Genk €67,727 €32,537 67.3% -
MAW Consult Genk €65,781 €35,253 71.4% -
PG Consultancy Maaseik €61,877 €32,309 59.3% -
Smart Thomas Corporation Europe Kinrooi €73,982 €34,374 66.4% -
GamePlan Advisors Maasmechelen €72,023 €31,778 90.9% -
Justful Diepenbeek €77,841 €32,925 70.6% -
PRIO CONSULT Peer €68,561 €27,904 95.2% -

These companies have the same main activity as Binary: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €61,900 and €77,800, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 15-01-2024Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.355.144.9543600 Genk, since 15-01-2024
Financial year end
31 December
Peppol
Reachable since 07-11-2025
Company details

Annual accounts 2025

Gross margin
€32,537▲ 2.3%
Profit
€21,762▼ 8.2%
Equity
€45,556▲ 91.5%
Total assets
€67,727▲ 70.6%
Filing
Filed on 28-07-2026, 3 days before the end of the filing period
Financials

Insights on Binary

Binary has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,556 and a net result of €21,762.

Its solvency ranks better than 62% of 39,335 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 28-07-2026, 3 days before the deadline
Gross margin
€32,537
▲ 2.3%
Operating result
€28,649
▼ 6.8%
Profit
€21,762
▼ 8.2%
Working capital
€20,006
▼ 12.9%
Solvency
67.3%
▲ 7.3 percentage points
Current ratio
1.98
▼ 0.74

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €95,000. Estimated: probably between €55,000 and €130,000.

Balance sheet

balance sheet total €67,727 on 31-12-2025
What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency67.3%

Higher than 62% of 39,335 companies in 2025.

Current ratio1.98

Higher than 48% of 38,020 companies in 2025.

Return on assets32.1%

Higher than 73% of 38,492 companies in 2025.

Binary Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024
Balance sheet: assets
Total assets20/58 67,72739,706
Fixed assets21/28 27,2153,343
Tangible fixed assets22/27 27,2153,343
Plant, machinery and equipment23 484-
Furniture and vehicles24 23,7063,343
Other tangible fixed assets26 3,025-
Current assets29/58 40,51236,363
Amounts receivable within one year40/41 26,75419,247
Other amounts receivable41 26,75419,247
Cash at bank and in hand54/58 13,75817,116
Balance sheet: equity and liabilities
Total equity and liabilities10/49 67,72739,706
Equity10/15 45,55623,795
Contributions10/11 100100
Reserves13 45,45623,695
Distributable reserves133 45,45623,695
Amounts payable17/49 22,17115,911
Amounts payable after more than one year17 1,6652,522
Financial debts170/4 1,6652,522
Amounts payable within one year42/48 20,50613,390
Current portion of amounts payable after more than one year42 857823
Trade debts44 9,4311,662
Suppliers440/4 9,4311,662
Taxes, remuneration and social security45 10,03910,905
Taxes450/3 10,03910,905
Other amounts payable47/48 179-
Income statement
Gross operating margin9900 32,53731,791
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 2,264135
Other operating charges640/8 1,625925
Operating profit (loss)9901 28,64930,731
Financial charges65/66B 403512
Recurring financial charges65 403512
Profit (loss) for the period before taxes9903 28,24630,219
Income taxes67/77 6,4846,524
Profit (loss) for the period9904 21,76223,695
Profit (loss) for the period to be appropriated9905 21,76223,695
Appropriation of the result
Profit (loss) to be appropriated9906 21,76223,695
Transfer to equity691/2 21,76223,695
To other reserves6921 21,76223,695
Document PDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 28-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 28-07-2026 2026-00350970 PDF
31-12-2024 micro format 29-07-2025 2025-00362525 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024
EBITDA 30,91230,866
Cash flow 24,02623,830
Investment in fixed assets 26,1363,478
Change in cash -3,358-
Working capital 20,00622,973
Solvency 67.3%59.9%
Current ratio 1.982.72
Debt to equity 0.490.67
ROE 47.8%99.6%
ROA 32.1%59.7%
Interest coverage 76.7860.26

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.

Investments

fixed assets acquired
Item20252024
Tangible fixed assets€26,136€3,478
Depreciation and write-downs of the year€2,264€135

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Insights on Binary

The operating result for 2025 is 7% lower than in 2024.

Debt's share of the balance-sheet total falls from 40.1% to 32.7%. Equity and debt are higher.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
appointed by deed of 17-01-2024 term without a fixed end
also on the board of 1 other company
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 17-01-2024

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
BRIERS Christian Gerry Valentijn
Director (not named in the articles)
Board
Mandates as a list
  • BRIERS Christian Gerry Valentijn
    • Director (not named in the articles), appointed by deed of 17-01-2024, still in office

See the board, name and registered office on a given date →

Control

Founder
BRIERS Christian Gerry Valentijn
This company
Binary
Equity €45,556
Profit €21,762 in 2025

Capital

Contribution
€100
Shares
100
Contribution per share
€1
Equity per share
€456 in 2025
Source
deed of 17-01-2024

Articles of association

deed of 17-01-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 20:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 17-01-2024 ↗

Network & group

No group

Binary has no parent and no holdings in its annual accounts. BRIERS Christian Gerry Valentijn is the only director.

Board mandates elsewhere

1 board mandate
Board mandates of BinaryBinary sits on their board1
Director · 2 locations
Founded in 2021 · total assets €168,896 (2025)

Connections & network

1 current director
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

7 events since 2024

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 3 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1004665820
Annual accounts 2024 filed PDFmicro format · 2 days before the deadline
Registered office moved within GenkNew registered office: Boommeerstraat 17, 3600 Genk · Previous registered office: Thor Park 8027 bus 02.25, 3600 Genk · General meeting of 25-04-20252 points ▸
  • General meeting, 25-04-2025
  • Registered-office move, Boommeerstraat 17, 3600 Genk

Open the deed in the Belgian Official Gazette

2024
Registered office moved from Zonhoven to GenkNew registered office: Thor Park 8027 bus 02.25, 3600 Genk · Previous registered office: Hortstraat 30 bus A, 3520 Zonhoven · General meeting of 06-06-20242 points ▸
  • General meeting, 06-06-2024
  • Registered-office move, Thor Park 8027 bus 02.25, 3600 Genk

Open the deed in the Belgian Official Gazette

IncorporationFounding capital of €100, 100 shares · Founder: BRIERS Christian Gerry Valentijn · Appointment: BRIERS Christian Gerry Valentijn (director) · published on 17-01-20247 points ▸
  • Founder, BRIERS Christian Gerry Valentijn
  • Founding capital, €100, 100 shares
  • BRIERS Christian Gerry Valentijn holds 100 shares (100%)
  • Capital, €100
  • Board rule, 1
  • Director appointment, BRIERS Christian Gerry Valentijn (director (not named in the articles))
  • Registered office clause, Hortstraat 30 A, 3520 Zonhoven
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

First establishment Boommeerstraat 17, Genk

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 15 January 2024, Binary was incorporated as a private limited company by one natural person, with a starting capital of €100.12 The registered office moved to bus in 2024 and to Genk in 2025.34 BRIERS Christian Gerry Valentijn is director of the company, appointed by deed of 17-01-2024.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-01-2024
  3. 3Belgian Official Gazette, 03-09-2024
  4. 4Belgian Official Gazette, 26-05-2025

Company details

Identity

Enterprise number
1004.665.820
VAT number
BE 1004.665.820
Peppol ID
0208:1004665820
Other Peppol ID
9925:BE1004665820
Legal form
Private limited company
Status
Active, normal situation
Founded
15-01-2024
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 20:00
deed of 17-01-2024 (in Dutch)
Peppol
Reachable since 07-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Binary in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-01-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 17-01-2024 (in Dutch)

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
Codes under NACEBEL 2008
70220 Business consulting main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Management activiteiten; Vervaardiging en reparatie van elektrische apparatuur; Elektrotechnische installatiewerken; Handel in…”
11 activities
  1. Management activiteiten
  2. Vervaardiging en reparatie van elektrische apparatuur
  3. Elektrotechnische installatiewerken
  4. Handel in software,computers en randapparatuur
  5. Handel in elektrische apparaten
  6. Computerconsultancy activiteiten
  7. Gegevensverwerking,webhosting en aanverwante activiteiten
  8. Ontwikkelen en programmeren van software
  9. Beheer van eigen onroerende goederen
  10. Holdingactiviteiten
  11. Beheer van aandelen
deed of 17-01-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Boommeerstraat 17 registered office 3600 Genk 43211 General electrical installation work 15-01-2024 2.355.144.954
1 former office
  • Hortstraat 30 bus, 3520 Zonhoven until 10-06-2024 · deed of 03-09-2024

Buildings and parcels at the address

Ground area
576 m²
Buildings
68 m²
Volume, LiDAR
717 m³
Tallest building
14.6 m
Buildings to scale, each on its own parcel
68 m², 14.6 m 68 m², 14.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
71303B1174/00B002576 m² 1 · 68 m² 14.6 m · 4