Turnover
The micro format states no turnover.
The micro format states no turnover.
Green is investment, beige is depreciation.
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).
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).
In July 2024, 39,278 companies had the same profile as Binary has now. Each dot stands for 99 companies, two years later.
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.
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.
| 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.
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.
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.
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.
| 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.
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.
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.
Higher than 62% of 39,335 companies in 2025.
Higher than 48% of 38,020 companies in 2025.
Higher than 73% of 38,492 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
Total assets20/58 |
67,727 | 39,706 | |
Fixed assets21/28 |
27,215 | 3,343 | |
Tangible fixed assets22/27 |
27,215 | 3,343 | |
Plant, machinery and equipment23 |
484 | - | |
Furniture and vehicles24 |
23,706 | 3,343 | |
Other tangible fixed assets26 |
3,025 | - | |
Current assets29/58 |
40,512 | 36,363 | |
Amounts receivable within one year40/41 |
26,754 | 19,247 | |
Other amounts receivable41 |
26,754 | 19,247 | |
Cash at bank and in hand54/58 |
13,758 | 17,116 | |
| Balance sheet: equity and liabilities | |||
Total equity and liabilities10/49 |
67,727 | 39,706 | |
Equity10/15 |
45,556 | 23,795 | |
Contributions10/11 |
100 | 100 | |
Reserves13 |
45,456 | 23,695 | |
Distributable reserves133 |
45,456 | 23,695 | |
Amounts payable17/49 |
22,171 | 15,911 | |
Amounts payable after more than one year17 |
1,665 | 2,522 | |
Financial debts170/4 |
1,665 | 2,522 | |
Amounts payable within one year42/48 |
20,506 | 13,390 | |
Current portion of amounts payable after more than one year42 |
857 | 823 | |
Trade debts44 |
9,431 | 1,662 | |
Suppliers440/4 |
9,431 | 1,662 | |
Taxes, remuneration and social security45 |
10,039 | 10,905 | |
Taxes450/3 |
10,039 | 10,905 | |
Other amounts payable47/48 |
179 | - | |
| Income statement | |||
Gross operating margin9900 |
32,537 | 31,791 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
2,264 | 135 | |
Other operating charges640/8 |
1,625 | 925 | |
Operating profit (loss)9901 |
28,649 | 30,731 | |
Financial charges65/66B |
403 | 512 | |
Recurring financial charges65 |
403 | 512 | |
Profit (loss) for the period before taxes9903 |
28,246 | 30,219 | |
Income taxes67/77 |
6,484 | 6,524 | |
Profit (loss) for the period9904 |
21,762 | 23,695 | |
Profit (loss) for the period to be appropriated9905 |
21,762 | 23,695 | |
| Appropriation of the result | |||
Profit (loss) to be appropriated9906 |
21,762 | 23,695 | |
Transfer to equity691/2 |
21,762 | 23,695 | |
To other reserves6921 |
21,762 | 23,695 | |
| Document | |||
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.
| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| EBITDA | 30,912 | 30,866 | |
| Cash flow | 24,026 | 23,830 | |
| Investment in fixed assets | 26,136 | 3,478 | |
| Change in cash | -3,358 | - | |
| Working capital | 20,006 | 22,973 | |
| Solvency | 67.3% | 59.9% | |
| Current ratio | 1.98 | 2.72 | |
| Debt to equity | 0.49 | 0.67 | |
| ROE | 47.8% | 99.6% | |
| ROA | 32.1% | 59.7% | |
| Interest coverage | 76.78 | 60.26 |
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.
| Item | 2025 | 2024 |
|---|---|---|
| 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)
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.
Binary has no parent and no holdings in its annual accounts. BRIERS Christian Gerry Valentijn is the only director.
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-07-2027
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Boommeerstraat 17 registered office 3600 Genk 43211 General electrical installation work | 15-01-2024 | 2.355.144.954 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71303B1174/00B002 | 576 m² | 1 · 68 m² | 14.6 m · 4 |
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