Equity
BIZZDEV paid out €395,276 in dividends. That is 506% of the 2025 profit.
BIZZDEV paid out €395,276 in dividends. That is 506% of the 2025 profit.
The result rose in 2025 from €24,553 to €78,070.
The accounts state no turnover.
Debts rose by €845,411 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Green is investment, beige is depreciation. Machinery stands 209.6% higher than in 2024.
The last five annual accounts were filed 30 to 45 days before the end of the period.
The dashed line is the sector median: 0.2% across 1,167 companies (NACE 62, small).
Fewer than 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 62, small). It does better than 70% of them on solvency, 76% on liquidity, 54% on profitability and 19% on growth.
The bankruptcy probability was computed on 08-11-2026 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, 14,766 companies had the same profile as BIZZDEV has now. Each dot stands for 37 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BIZZDEV itself: 0.1% within 12 months.
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 14,766 companies, not a prediction for BIZZDEV. 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 1.81 (2.7 in 2024), above the usual 1.5. Short-term debt is 28.3% and cash 19.4% of total assets. 42.9% 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 7 accounts on average 38 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BIZZDEV Tournai | - | - | 57.1% | 48.2 |
| Dekimo Experts Louvain-la-Neuve Mont-Saint-Guibert | - | - | 42.3% | 32.8 |
| Suivo Edegem | €8.2m | 15.1% | 32.4% | 33.7 |
| CUSTOMS4TRADE Mechelen | - | - | 24.9% | 34.8 |
| CRIUS PUBLISHING SERVICES Hulshout | - | - | 14.1% | 38.8 |
| ANTWERP MARITIME INFORMATION SYSTEMS/Antwerpse Maritieme Informatiesystemen Antwerp | €8.6m | -3.9% | 9.0% | 72.8 |
| SERSO Lummen | - | - | 13.4% | 28.9 |
These companies have the same main activity as BIZZDEV: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €2.1m and €8.2m, founded between 2003 and 2009.
BIZZDEV has existed since 1999. The gross margin grew from €1.5m in 2006 to €3.9m in 2025 and staff from 25.3 to 48.2 full-time equivalents.
Solvency fell in 2025 from 73.6% to 57.1% because of the dividend and higher long-term debts.
In October 2022, the Official Gazette published the appointment of Christian VERDONCK as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €8.7m. Estimated: probably between €6.3m and €11.0m.
Higher than 69% of 1,691 companies in 2025.
Higher than 56% of 1,658 companies in 2025.
Higher than 43% of 1,673 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: middle half · Staff: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 4 people joined and 3 left. Training hours in 2025: 578.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
4.3m | 3.7m | 4.1m | 3.8m | 3.6m | 3.6m | 4.4m | 4.1m | 3.6m | 3.5m | 4.0m | 3.2m | 3.1m | 2.4m | 2.5m | 2.1m | 2.1m | 2.2m | 1.8m | 1.9m | |
21/28 |
2.1m | 1.6m | 1.4m | 950,401 | 958,440 | 1.0m | 1.2m | 1.2m | 1.1m | 1.2m | 1.3m | 1.4m | 1.2m | 1.2m | 1.2m | 1.2m | 1.3m | 1.3m | 1.0m | 1.0m | |
21 |
24,999 | 18,704 | - | - | - | - | - | 284 | 64,639 | 129,649 | 193,313 | 258,189 | 3,267 | 7,037 | 4,155 | 8,689 | 11,337 | 105,000 | 120,000 | 135,000 | |
22/27 |
1.4m | 1.0m | 773,949 | 345,444 | 353,483 | 429,466 | 531,016 | 473,421 | 372,179 | 296,201 | 364,499 | 374,862 | 402,160 | 430,442 | 508,336 | 499,455 | 585,761 | 597,536 | 263,325 | 257,936 | |
23 |
1,125 | 363 | 243 | 263 | 421 | 5 | 57 | 108 | 160 | 211 | 350 | 1,312 | 2,349 | 2,906 | 3,891 | 4,823 | 6,309 | 8,277 | 446 | 1,492 | |
24 |
901,398 | 925,047 | 700,112 | 337,685 | 342,472 | 415,779 | 514,096 | 459,877 | 360,245 | 263,327 | 290,005 | 214,746 | 111,686 | 91,178 | 150,920 | 228,808 | 355,754 | 337,482 | 226,120 | 150,214 | |
26 |
525,040 | 84,333 | 73,594 | 7,496 | 10,589 | 13,681 | 16,863 | 13,435 | 11,775 | 15,323 | 21,774 | 37,646 | 68,977 | 100,961 | 124,443 | 152,176 | 191,360 | 233,209 | 899 | 1,269 | |
28 |
621,168 | 604,957 | 604,957 | 604,957 | 604,957 | 605,357 | 655,419 | 712,849 | 708,511 | 738,033 | 791,113 | 799,893 | 834,089 | 806,244 | 717,564 | 677,324 | 683,784 | 632,979 | 623,759 | 627,221 | |
29/58 |
2.2m | 2.1m | 2.7m | 2.8m | 2.7m | 2.6m | 3.2m | 2.9m | 2.4m | 2.3m | 2.7m | 1.8m | 1.8m | 1.2m | 1.2m | 925,986 | 857,100 | 910,383 | 835,625 | 869,229 | |
3 |
96,453 | 71,837 | 38,939 | 71,868 | 31,048 | 20,900 | 34,196 | 61,385 | 32,417 | 42,099 | 35,632 | 291,799 | 528,820 | - | - | - | - | 16,240 | 16,240 | - | |
30/36 |
96,453 | 71,837 | 38,939 | 71,868 | 31,048 | 20,900 | 34,196 | 61,385 | 32,417 | 42,099 | 35,632 | 291,799 | 528,820 | - | - | - | - | 16,240 | 16,240 | - | |
40/41 |
1.2m | 1.2m | 1.4m | 1.0m | 626,260 | 581,989 | 880,348 | 689,867 | 811,101 | 767,290 | 748,238 | 1.1m | 836,543 | 863,337 | 873,668 | 372,162 | 657,240 | 804,140 | 784,725 | 766,931 | |
40 |
1.1m | 1.1m | 1.3m | 987,743 | 587,692 | 581,865 | 880,224 | 689,584 | 810,767 | 766,816 | 748,114 | 1.1m | 835,089 | 861,352 | 872,258 | 366,398 | 650,146 | 736,716 | 758,416 | 730,258 | |
41 |
109,074 | 115,084 | 81,438 | 20,116 | 38,567 | 124 | 124 | 283 | 335 | 474 | 124 | 14,093 | 1,454 | 1,985 | 1,410 | 5,764 | 7,094 | 67,424 | 26,309 | 36,673 | |
50/53 |
- | - | 500,000 | - | - | - | - | - | - | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | 60,000 | - | - | - | - | - | |
54/58 |
825,645 | 759,727 | 777,547 | 1.7m | 2.0m | 2.0m | 2.3m | 2.1m | 1.6m | 1.4m | 1.8m | 366,057 | 400,876 | 222,024 | 287,359 | 529,636 | 183,353 | 90,002 | 34,660 | 102,298 | |
490/1 |
26,937 | 87,251 | 22,088 | 19,964 | 41,527 | 16,171 | 16,296 | 14,445 | 9,776 | 34,208 | 21,984 | 21,763 | 15,701 | 34,014 | 21,666 | 24,188 | 16,507 | 1 | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
4.3m | 3.7m | 4.1m | 3.8m | 3.6m | 3.6m | 4.4m | 4.1m | 3.6m | 3.5m | 4.0m | 3.2m | 3.1m | 2.4m | 2.5m | 2.1m | 2.1m | 2.2m | 1.8m | 1.9m | |
10/15 |
2.4m | 2.8m | 3.1m | 2.6m | 2.3m | 2.1m | 2.8m | 2.4m | 2.0m | 1.7m | 1.4m | 1.3m | 1.2m | 1.1m | 1.0m | 881,749 | 613,563 | 820,911 | 559,818 | 550,073 | |
10/11 |
425,927 | 425,927 | 425,927 | 425,927 | 425,927 | 425,927 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 650,000 | 450,000 | 450,000 | |
10 |
425,918 | 425,918 | 425,918 | 425,918 | 425,918 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 425,918 | 650,000 | 450,000 | 450,000 | |
11 |
9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | |
1100/10 |
9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | |
13 |
1.7m | 2.0m | 2.3m | 1.8m | 1.5m | 998,803 | 1.7m | 1.3m | 882,838 | 876,772 | 871,213 | 866,859 | 743,105 | 686,982 | 587,858 | 433,858 | 133,858 | 110,250 | 109,608 | 99,621 | |
130/1 |
42,592 | 42,592 | 42,592 | 42,592 | 42,592 | 42,592 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
42,592 | 42,592 | 42,592 | 42,592 | 42,592 | 42,592 | 42,592 | 42,592 | 42,592 | 42,592 | 42,592 | 42,592 | 42,592 | 42,592 | 31,000 | 27,000 | 11,000 | 10,000 | 9,358 | 8,871 | |
132 |
- | - | - | - | - | 56,076 | 56,076 | 45,068 | 34,729 | 201,271 | 195,711 | 191,358 | 191,358 | 191,358 | 191,358 | 41,358 | 41,358 | 18,750 | 18,750 | 18,750 | |
133 |
1.6m | 2.0m | 2.3m | 1.8m | 1.5m | 900,135 | 1.6m | 1.2m | 805,517 | 632,910 | 632,910 | 632,909 | 509,155 | 453,032 | 365,500 | 365,500 | 81,500 | 81,500 | 81,500 | 72,000 | |
14 |
329,813 | 329,813 | 329,813 | 329,813 | 329,813 | 679,813 | 679,813 | 679,813 | 679,813 | 432,322 | 120,266 | - | - | - | - | 935 | 23,736 | 8,002 | 201 | 443 | |
15 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 21,029 | 30,042 | 52,650 | - | - | |
16 |
- | - | - | - | - | - | - | - | 15,000 | 39,229 | 39,228 | - | - | 60,171 | 123,557 | - | - | - | - | - | |
160/5 |
- | - | - | - | - | - | - | - | 15,000 | 39,229 | 39,228 | - | - | 60,171 | 123,557 | - | - | - | - | - | |
164/5 |
- | - | - | - | - | - | - | - | 15,000 | 39,229 | - | - | - | - | - | - | - | - | - | - | |
17/49 |
1.8m | 984,440 | 1.0m | 1.2m | 1.3m | 1.5m | 1.7m | 1.7m | 1.6m | 1.7m | 2.6m | 2.0m | 1.9m | 1.3m | 1.3m | 1.2m | 1.5m | 1.4m | 1.3m | 1.3m | |
17 |
509,611 | 65,925 | 126,801 | 68,345 | 64,968 | 155,025 | 253,295 | 247,859 | 200,961 | 134,268 | 228,285 | 222,875 | 283,570 | 316,057 | 423,599 | 385,256 | 365,001 | 473,410 | 359,600 | 342,145 | |
170/4 |
509,611 | 65,925 | 126,801 | 68,345 | 64,968 | 155,025 | 253,295 | 247,859 | 200,961 | 134,268 | 228,285 | 222,875 | 283,570 | 316,057 | 423,599 | 385,256 | 365,001 | 473,410 | 359,600 | 342,145 | |
42/48 |
1.2m | 779,701 | 799,099 | 1.0m | 1.1m | 1.3m | 1.2m | 1.3m | 1.3m | 1.5m | 2.2m | 1.7m | 1.6m | 933,848 | 910,777 | 844,449 | 1.2m | 951,571 | 916,261 | 996,407 | |
42 |
317,420 | 60,876 | 69,230 | 326,740 | 369,077 | 659,744 | 668,270 | 641,149 | 634,197 | 635,069 | 621,102 | 618,233 | 443,453 | 400,652 | 303,084 | 344,422 | 309,691 | 269,731 | 236,630 | 269,715 | |
44 |
221,877 | 173,985 | 219,238 | 249,172 | 44,514 | 9,860 | 244,681 | 99,034 | 124,518 | 188,586 | 504,750 | 497,957 | 816,812 | 199,771 | 246,352 | 252,068 | 254,157 | 249,671 | 202,948 | 337,595 | |
440/4 |
221,877 | 173,985 | 219,238 | 249,172 | 44,514 | 9,860 | 244,681 | 99,034 | 124,518 | 188,586 | 504,750 | 497,957 | 816,812 | 199,771 | 246,352 | 252,068 | 254,157 | 249,671 | 202,948 | 337,595 | |
45 |
543,740 | 540,879 | 506,671 | 439,948 | 477,099 | 406,268 | 309,937 | 495,517 | 404,966 | 345,103 | 539,415 | 336,165 | 315,243 | 272,926 | 240,842 | 247,841 | 240,357 | 166,989 | 161,807 | 186,883 | |
450/3 |
132,941 | 138,626 | 147,849 | 121,976 | 189,760 | 126,779 | 24,901 | 240,919 | 141,434 | 135,635 | 335,746 | 110,598 | 102,535 | 70,831 | 67,659 | 98,618 | 87,695 | 55,465 | 57,788 | 74,207 | |
454/9 |
410,800 | 402,253 | 358,822 | 317,972 | 287,339 | 279,489 | 285,036 | 254,598 | 263,532 | 209,468 | 203,669 | 225,567 | 212,708 | 202,095 | 173,183 | 149,223 | 152,662 | 111,524 | 104,019 | 112,676 | |
47/48 |
124,232 | 3,960 | 3,960 | 5,643 | 250,681 | 205,591 | 5,591 | 108,818 | 125,361 | 290,580 | 579,307 | 206,743 | 3,067 | 60,499 | 120,499 | 118 | 355,089 | 265,180 | 314,876 | 202,214 | |
492/3 |
112,970 | 138,814 | 112,392 | 112,418 | 104,008 | 96,993 | 188,349 | 110,622 | 82,853 | 92,999 | 102,412 | 68,912 | 50,279 | 113 | 1,030 | - | 124 | 6 | 7,030 | 761 | |
| Income statement | |||||||||||||||||||||
76A |
35,963 | 37,689 | 81,217 | 8,716 | 12,953 | 9,973 | 20,643 | 20,581 | 14,155 | 14,251 | 18,518 | 10,023 | 66,182 | 10,894 | 38,221 | 35,853 | 16,988 | 20,172 | 46,293 | 28,590 | |
9900 |
3.9m | 3.6m | 3.9m | 3.1m | 3.2m | 3.1m | 3.1m | 3.1m | 3.0m | 2.8m | 3.4m | 2.6m | 2.4m | 2.0m | 2.2m | 2.0m | 2.0m | 1.7m | 1.6m | 1.5m | |
62 |
3.4m | 3.3m | 3.0m | 2.7m | 2.4m | 2.3m | 2.4m | 2.2m | 2.2m | 2.1m | 2.1m | 2.2m | 2.1m | 1.8m | 1.6m | 1.6m | 1.5m | 1.3m | 1.3m | 1.2m | |
630 |
324,428 | 280,488 | 204,096 | 155,665 | 180,808 | 206,080 | 218,856 | 233,967 | 233,603 | 202,748 | 274,111 | 272,345 | 196,479 | 176,952 | 206,280 | 217,935 | 243,392 | 235,462 | 127,814 | 121,294 | |
631/4 |
- | -13,601 | 19,601 | - | - | - | - | -10,309 | -9,522 | -1,488 | -8,264 | - | - | - | - | - | - | - | - | - | |
635/8 |
- | - | - | - | - | - | - | -15,000 | -24,229 | - | 39,229 | - | -37,269 | -63,387 | 110,171 | - | - | - | - | - | |
640/8 |
27,998 | 29,837 | 22,527 | 15,234 | 8,162 | 7,485 | 8,964 | 9,846 | 13,975 | 14,227 | 24,822 | 25,295 | 22,922 | 24,669 | 23,321 | 17,058 | 9,693 | 16,035 | 17,353 | 21,326 | |
66A |
13,935 | 61 | - | - | - | 3,804 | 1,864 | 3,443 | 13,270 | 3,630 | 14,883 | 213 | 17,345 | 6,948 | 62,038 | 29,702 | 99,389 | 16,509 | 43,673 | 13,183 | |
9901 |
185,480 | 29,293 | 690,469 | 271,678 | 616,330 | 547,883 | 522,395 | 694,229 | 617,606 | 554,456 | 1.0m | 107,721 | 133,477 | 26,372 | 233,344 | 144,849 | 213,165 | 101,159 | 94,384 | 92,857 | |
75/76B |
34,467 | 34,853 | 111,055 | 112,170 | 130,054 | 89,212 | 118,065 | 100,503 | 100,311 | 15,265 | 706 | 105,546 | 2,279 | 152,983 | 122,398 | 259,477 | 24,759 | 3,742 | 691 | 656 | |
75 |
34,467 | 34,853 | 111,055 | 112,170 | 130,054 | 89,212 | 118,065 | 100,503 | 100,311 | 1,014 | 706 | 105,546 | 2,279 | 152,983 | 122,398 | 259,477 | 24,759 | 3,742 | 691 | 656 | |
76B |
- | - | - | - | - | - | - | - | - | 14,251 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
93,140 | 7,639 | 12,802 | 5,599 | 7,918 | 10,119 | 13,169 | 15,073 | 80,606 | 40,009 | 28,070 | 27,014 | 41,665 | 34,714 | 42,194 | 42,733 | 48,844 | 46,196 | 39,947 | 28,593 | |
65 |
12,994 | 7,639 | 12,802 | 5,599 | 7,918 | 10,119 | 13,169 | 15,073 | 80,606 | 36,379 | 28,070 | 27,014 | 41,665 | 34,714 | 42,194 | 42,733 | 48,844 | 46,196 | 39,947 | 28,593 | |
66B |
80,146 | - | - | - | - | - | - | - | - | 3,630 | - | - | - | - | - | - | - | - | - | - | |
9903 |
126,807 | 56,507 | 788,722 | 378,249 | 738,467 | 626,976 | 627,291 | 779,659 | 637,311 | 529,712 | 1.0m | 196,063 | 142,928 | 148,587 | 289,731 | 367,744 | 106,679 | 62,368 | 57,748 | 80,327 | |
67/77 |
48,736 | 31,953 | 256,744 | 130,093 | 189,491 | 193,497 | 221,008 | 262,224 | 233,754 | 212,095 | 382,222 | 72,309 | 86,805 | 49,463 | 60,235 | 90,545 | 67,337 | 53,925 | 48,003 | 42,587 | |
9904 |
78,070 | 24,553 | 531,978 | 248,155 | 548,976 | 433,478 | 406,283 | 517,435 | 403,557 | 317,616 | 624,619 | 123,754 | 56,123 | 99,124 | 229,496 | 277,199 | 39,342 | 8,443 | 9,745 | 37,740 | |
689 |
- | - | - | - | - | - | 11,008 | 10,339 | 6,066 | 5,560 | 4,353 | - | - | - | 150,000 | - | 22,608 | - | - | - | |
9905 |
78,070 | 24,553 | 531,978 | 248,155 | 548,976 | 433,478 | 395,276 | 507,095 | 397,491 | 312,056 | 620,266 | 123,754 | 56,123 | 99,124 | 79,496 | 277,199 | 16,734 | 8,443 | 9,745 | 37,740 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
407,884 | 354,367 | 861,791 | 577,969 | 1.2m | 1.1m | 1.1m | 1.2m | 829,813 | 432,322 | 620,266 | 123,754 | 56,123 | 99,124 | 80,431 | 300,935 | 24,736 | 8,644 | 10,188 | 47,330 | |
14P |
329,813 | 329,813 | 329,813 | 329,813 | 679,813 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
395,276 | 357,095 | - | - | - | 805,517 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
78,070 | 24,553 | 531,978 | 248,155 | 548,976 | 147,764 | 395,276 | 357,095 | - | - | - | 123,754 | 56,123 | 99,124 | 4,000 | 300,000 | 1,000 | 642 | 9,987 | 46,887 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 11,592 | 4,000 | 16,000 | 1,000 | 642 | 487 | 1,887 | |
6921 |
78,070 | 24,553 | 531,978 | 248,155 | 548,976 | 147,764 | 395,276 | 357,095 | - | - | - | 123,754 | 56,123 | 87,532 | - | 284,000 | - | - | 9,500 | 45,000 | |
694/7 |
395,276 | 357,095 | - | - | 350,000 | 1.1m | - | 150,000 | 150,000 | - | 500,000 | - | - | - | 76,431 | - | - | - | - | - | |
694 |
395,276 | 357,095 | - | - | 350,000 | 1.1m | - | 150,000 | 150,000 | - | 500,000 | - | - | - | 76,431 | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
48.2 | 49.3 | 45.4 | 45.3 | 43.7 | 40.9 | 43.1 | 39.6 | 41 | 36.2 | 35.6 | 37.2 | 33.7 | 32.7 | 28.3 | 30.2 | 28.6 | 26.2 | 26.2 | 25.3 | |
Hours worked1013 |
80,687 | 83,258 | 75,256 | 72,863 | 72,225 | 70,798 | 73,796 | 64,863 | 66,587 | 63,507 | 62,058 | 65,115 | 58,731 | 57,539 | 48,775 | 51,099 | 47,148 | 46,471 | 45,905 | 43,913 | |
| Document | |||||||||||||||||||||
The accounts for 6 older financial years (2000-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 19 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 26-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 26-06-2026 | 2026-00205312 | |
| 31-12-2024 | full format | 27-06-2025 | 2025-00190110 | |
| 31-12-2023 | full format | 01-07-2024 | 2024-00191008 | |
| 31-12-2022 | full format | 23-06-2023 | 2023-00152467 | |
| 31-12-2021 | full format | 16-06-2022 | 2022-20067420 | |
| 31-12-2020 | full format | 15-06-2021 | 2021-20400250 | |
| 31-12-2019 | full format | 25-06-2020 | 2020-21000441 | |
| 31-12-2018 | full format | 19-06-2019 | 2019-20100596 | |
| 31-12-2017 | full format | 29-05-2018 | 2018-14400110 | |
| 31-12-2016 | full format | 21-06-2017 | 2017-19700269 | |
| 31-12-2015 | full format | 27-06-2016 | 2016-22700112 | |
| 31-12-2014 | full format | 16-06-2015 | 2015-17900483 | |
| 31-12-2013 | full format | 25-07-2014 | 2014-35100128 | |
| 31-12-2012 | full format | 26-08-2013 | 2013-46800111 | |
| 31-12-2011 | full format | 07-07-2012 | 2012-27500349 | |
| 31-12-2010 | full format | 01-07-2011 | 2011-24800317 | |
| 31-12-2009 | full format | 24-06-2010 | 2010-21500447 | |
| 31-12-2008 | full format | 28-08-2009 | 2009-66500172 | |
| 31-12-2007 | full format | 14-08-2008 | 2008-56500287 | |
| 31-12-2006 | full format | 17-07-2007 | 2007-43400135 | |
| 31-12-2005 | full format | 20-07-2006 | 2006-50405060 | |
| 31-12-2004 | full format | 30-09-2005 | 2005-74003365 | |
| 31-12-2003 | full format | 03-11-2004 | 2004-77500859 | |
| 31-12-2002 | full format | 14-07-2003 | 2003-43704685 | |
| 31-12-2001 | full format | 31-01-2003 | 2003-03104331 | |
| 31-12-2000 | full format | 03-07-2001 | 2001-32502335 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 509,909 | 309,781 | 894,565 | 427,343 | 797,138 | 753,963 | 741,251 | 928,196 | 851,209 | 757,205 | 1.3m | 380,066 | 329,956 | 203,324 | 439,624 | 362,784 | 456,557 | 336,621 | 222,198 | 214,151 | ||
| 402,499 | 305,042 | 736,074 | 403,821 | 729,784 | 639,558 | 625,140 | 751,402 | 637,160 | 520,365 | 898,730 | 396,099 | 252,602 | 276,076 | 435,776 | 495,134 | 282,734 | 243,905 | 137,559 | 159,034 | ||
| 866,948 | 555,270 | 635,391 | 170,924 | 171,644 | 113,770 | 294,838 | 306,286 | 301,626 | 96,967 | 230,031 | 513,887 | 214,492 | 232,886 | 314,635 | 158,411 | 333,239 | 582,149 | 231,276 | 939,964 | ||
| 65,918 | -17,820 | -926,302 | -252,745 | -27,548 | -331,003 | 208,384 | 528,949 | 184,436 | -423,750 | 1.5m | -34,819 | 178,852 | -65,335 | -242,277 | 346,283 | 93,351 | 55,342 | -67,638 | - | ||
| 982,757 | 1.3m | 1.9m | 1.8m | 1.5m | 1.3m | 2.0m | 1.5m | 1.1m | 837,635 | 438,406 | 151,629 | 263,365 | 245,527 | 331,916 | 81,537 | -302,194 | -41,188 | -80,636 | -127,178 | ||
| 57.1% | 73.6% | 74.8% | 68.0% | 63.7% | 57.8% | 62.3% | 58.0% | 55.6% | 50.1% | 35.2% | 39.9% | 37.9% | 45.9% | 41.0% | 41.8% | 28.7% | 36.6% | 30.4% | 29.1% | ||
| 1.81 | 2.70 | 3.43 | 2.74 | 2.33 | 2.03 | 2.64 | 2.14 | 1.89 | 1.57 | 1.20 | 1.09 | 1.17 | 1.26 | 1.36 | 1.10 | 0.74 | 0.96 | 0.91 | 0.87 | ||
| 1.73 | 2.60 | 3.38 | 2.67 | 2.30 | 2.02 | 2.61 | 2.09 | 1.86 | 1.55 | 1.18 | 0.92 | 0.83 | 1.26 | 1.36 | 1.10 | 0.74 | 0.94 | 0.89 | 0.87 | ||
| 0.75 | 0.36 | 0.34 | 0.47 | 0.57 | 0.73 | 0.60 | 0.72 | 0.79 | 0.97 | 1.82 | 1.51 | 1.64 | 1.12 | 1.32 | 1.39 | 2.48 | 1.74 | 2.29 | 2.43 | ||
| 3.2% | 0.9% | 17.3% | 9.7% | 23.8% | 20.6% | 14.7% | 22.0% | 20.3% | 18.3% | 44.1% | 9.6% | 4.8% | 8.9% | 22.6% | 31.4% | 6.4% | 1.0% | 1.7% | 6.9% | ||
| 1.8% | 0.7% | 12.9% | 6.6% | 15.2% | 11.9% | 9.2% | 12.7% | 11.3% | 9.2% | 15.5% | 3.8% | 1.8% | 4.1% | 9.3% | 13.1% | 1.8% | 0.4% | 0.5% | 2.0% | ||
| 39.24 | 40.55 | 69.88 | 76.32 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
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 | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 50 | 49 | 48 | 46 | 47 |
| full-time | 44 | 43 | 43 | 41 | 42 |
| part-time | 6 | 6 | 5 | 5 | 5 |
| in full-time equivalents | 48.4 | 47.2 | 46.4 | 44.4 | 45.4 |
| 48.2 | 47.2 | 45.4 | 45.3 | 43.7 | |
| On a permanent contract | 48 | 49 | 44 | 46 | 45 |
| Joined | 4 | 12 | 10 | 10 | 12 |
| Left | 3 | 11 | 8 | 11 | 6 |
| Training hours | 578 | 84 | 75 | 68 | 67 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €835,214 | €532,276 | €635,391 | €170,924 | €171,644 |
| Intangible fixed assets | €15,524 | €22,994 | - | - | - |
| Financial fixed assets | €16,211 | - | - | - | - |
| €324,428 | €280,488 | €204,096 | €155,665 | €180,808 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
The operating result for 2025 is over 6.3 times that of 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 26.4% to 42.9%. Equity is lower and debt is higher.
Source: lists of holdings in the owners' accounts
Source: list of holdings in its own 2025 accounts. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.
| Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises via Christian VERDONCK, no longer at Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises · Director · deed of 03-09-2014 founded in 1986 · group Deloitte Belgium |
336 FTE (2025) |
| VENTIS via Christian VERDONCK, no longer at VENTIS · Director · deed of 14-01-2021 founded in 2002 |
turnover €1.7m (2025) |
Source for every holding own accounts 2025
| Name | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BIZZDEV FranceFR | 100% | |||||||||||
| EURIVER BELGIUM | listed | |||||||||||
| ESPACE WALLONIE PICARDE FORMATION | listed | |||||||||||
Source: list of holdings in its own accounts
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Rue du Progrès 13 registered office 7503 Tournai 46500 Wholesale of information and communication equipment | 09-03-2000 | 2.093.681.652 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 57031B0362/00T004 | 2,944 m² | 1 · 1,086 m² | 14.9 m · 4 |
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