Public limited company · founded 2015 · 11 yrs activeSpinnerijstraat(Kor) 97, 8500 Kortrijk, BelgiumKBO/BCE: BE 0629.815.258
Summary
Book'u has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€3.5m) and a net result of -€730,190. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 181 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability4▲+4
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.3%Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.53 against 0.67 in 2024; short-term debt: 23.7% and cash: 0.1% of total assets), and equity is negative.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
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.
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 6 May 2015, Book'u was incorporated by H.M. & COMPAGNIE and three natural persons, with a starting capital of EUR 18,600.12The capital was increased 3 times between 2017 and 2020, most recently to EUR 1.3 million.345Since 2018 the company has been called Book'u.4The registered office moved to Izegem in 2019 and to Kortrijk in 2023.67Of the 4 current board members, VTH INVEST has served longest, since 2021.8Total assets went from EUR 536,708 in 2018 to EUR 2.6 million in 2025 and headcount from 3.6 to 23.9 full-time equivalents.9
The operating result stays negative: a loss of €310,738 in 2025 against €624,251 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.6m
87.4%
12.6%
Fixed assets€2.3m ▲ 54.9%
Current assets€324,564 ▼ 10.7%
Key figures and ratios
2025 value · change against 2024
EBITDA
€243,406▲
2024 · -€265,607
Cash flow
-€176,046▲
2024 · -€495,487
Solvency
-137.4%▲
2024 · -154.5%
Current ratio
0.53▼
2024 · 0.67
Debt to equity
-1.73▼
2024 · -1.65
ROA
-28.3%▲
2024 · -47.0%
Interest coverage
0.54▲
2024 · -1.02
Debt ≤ 1 year
€609,245▲
2024 · €545,939
Debt > 1 year
€5.3m▲
2024 · €3.9m
Income taxes
-€31,265▼
2024 · -€29,982
Staff costs
€1.8m▲
2024 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 598 companies that looked in July 2024 the way this one looks now, 8.5% went bankrupt within 24 months and 83% are still going.
Small
10 to 20 years old
negative equity
a loss of 10% of the balance sheet or more
8.5%went bankrupt
5.9%stopped otherwise
83%still going
A further 2.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
The companies in ten equal groups, from lowest to highest expected share.
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.4%
3
0.5%
0.5%
4
0.6%
0.7%
5
0.8%
0.9%
6
1.2%
1.3%
7
1.5%
1.6%
8
1.7%
1.7%
9
2.7%
2.8%
10
5.3%
5.7%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 598 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 48 lines
Balance sheetCode20242025
Assets
Total assets20/58€1.8m€2.6m▲
Fixed assets21/28€1.5m€2.3m▲
Intangible fixed assets21€1.4m€2.2m▲
Tangible fixed assets22/27€24,301€32,792▲
Furniture and vehicles24€24,301€32,792▲
Financial fixed assets28-€8,770
Current assets29/58€363,656€324,564▼
Amounts receivable after more than one year29€68,381€106,175▲
Other amounts receivable291€68,381€106,175▲
Amounts receivable within one year40/41€194,936€196,391▲
Trade receivables40€186,319€189,855▲
Other amounts receivable41€8,617€6,536▼
Cash at bank and in hand54/58€82,005€1,388▼
Deferred charges and accrued income490/1€18,333€20,609▲
Equity and liabilities
Total equity and liabilities10/49€1.8m€2.6m▲
Equity10/15-€2.8m-€3.5m▼
Contributions10/11€1.3m€1.3m=
Capital10€1.3m€1.3m=
Issued capital100€1.3m€1.3m=
Profit (loss) carried forward14-€4.1m-€4.8m▼
Amounts payable17/49€4.6m€6.1m▲
Amounts payable after more than one year17€3.9m€5.3m▲
Financial debts170/4€3.9m€5.3m▲
Amounts payable within one year42/48€545,939€609,245▲
Trade debts44€206,259€167,508▼
Suppliers440/4€206,259€167,508▼
Taxes, remuneration and social security45€339,680€441,737▲
Taxes450/3€43,794€32,126▼
Remuneration and social security454/9€295,886€409,611▲
Accrued charges and deferred income492/3€154,504€229,925▲
Income statementCode20242025
Non-recurring operating income76A-€7,504
Remuneration, social security and pensions62€1.4m€1.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€358,644€554,144▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€3,474€4,508▲
Gross operating margin9900€1.1m€2.1m▲
Operating profit (loss)9901-€624,251-€310,738▲
Financial income75/76B€1,013€904▼
Recurring financial income75€1,013€904▼
Financial charges65/66B€260,875€451,620▲
Recurring financial charges65€260,875€451,620▲
Profit (loss) for the period before taxes9903-€884,113-€761,454▲
Income taxes67/77-€29,982-€31,265▼
Profit (loss) for the period9904-€854,131-€730,190▲
Profit (loss) for the period to be appropriated9905-€854,131-€730,190▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4.1m-€4.8m▼
Profit (loss) brought forward from the previous period14P-€3.2m-€4.1m▼
Social balance
Average headcount (FTE)908718.023.9▲
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Non-recurring operating income76A
€13,635
€0
-
-
€7,504
-
Remuneration, social security and pensions62
€335,871
€555,765
€885,296
€1.4m
€1.8m
▲ 34.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€237,713
€239,099
€301,093
€358,644
€554,144
▲ 54.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4
-
€4,795
-€4,795
€0
-
-
Other operating charges640/8
€5,884
€3,071
€6,982
€3,474
€4,508
▲ 29.8%
Non-recurring operating charges66A
€971
€0
-
-
-
-
Gross operating margin9900
-€256,503
-€86,744
€323,878
€1.1m
€2.1m
▲ 88.3%
Operating profit (loss)9901
-€836,942
-€889,473
-€864,698
-€624,251
-€310,738
▲ 50.2%
Financial income75/76B
€1.0m
€240
€1,025
€1,013
€904
▼ 10.7%
Recurring financial income75
€20
€240
€1,025
€1,013
€904
▼ 10.7%
Non-recurring financial income76B
€1.0m
€0
-
-
-
-
Financial charges65/66B
€18,882
€84,796
€144,448
€260,875
€451,620
▲ 73.1%
Recurring financial charges65
€18,882
€84,796
€144,448
€260,875
€451,620
▲ 73.1%
Profit (loss) for the period before taxes9903
€144,196
-€974,028
-€1.0m
-€884,113
-€761,454
▲ 13.9%
Income taxes67/77
€927
€2,167
-€37,532
-€29,982
-€31,265
▼ 4.3%
Profit (loss) for the period9904
€143,270
-€976,195
-€970,589
-€854,131
-€730,190
▲ 14.5%
Profit (loss) for the period to be appropriated9905
€143,270
-€976,195
-€970,589
-€854,131
-€730,190
▲ 14.5%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€505,536
€858,993
€1.1m
€1.8m
€2.6m
▲ 41.7%
Fixed assets21/28
€371,584
€725,586
€906,623
€1.5m
€2.3m
▲ 54.9%
Intangible fixed assets21
€354,044
€702,802
€888,162
€1.4m
€2.2m
▲ 54.6%
Tangible fixed assets22/27
€2,582
€7,826
€18,461
€24,301
€32,792
▲ 34.9%
Land and buildings22
€0
-
-
-
-
-
Plant, machinery and equipment23
€1,050
€0
-
-
-
-
Furniture and vehicles24
€1,533
€7,826
€18,461
€24,301
€32,792
▲ 34.9%
Financial fixed assets28
€14,958
€14,958
€0
-
€8,770
-
Current assets29/58
€133,952
€133,407
€147,960
€363,656
€324,564
▼ 10.7%
Amounts receivable after more than one year29
-
-
€39,231
€68,381
€106,175
▲ 55.3%
Other amounts receivable291
-
-
€39,231
€68,381
€106,175
▲ 55.3%
Amounts receivable within one year40/41
€116,331
€122,402
€95,810
€194,936
€196,391
▲ 0.7%
Trade receivables40
€81,038
€112,030
€89,842
€186,319
€189,855
▲ 1.9%
Other amounts receivable41
€35,293
€10,372
€5,968
€8,617
€6,536
▼ 24.1%
Cash at bank and in hand54/58
€9,285
€2,427
€5,899
€82,005
€1,388
▼ 98.3%
Deferred charges and accrued income490/1
€8,337
€8,577
€7,021
€18,333
€20,609
▲ 12.4%
Equity and liabilities
Total equity and liabilities10/49
€505,536
€858,993
€1.1m
€1.8m
€2.6m
▲ 41.7%
Equity10/15
-€7,265
-€983,460
-€2.0m
-€2.8m
-€3.5m
▼ 26.0%
Contributions10/11
€1.3m
€1.3m
€1.3m
€1.3m
€1.3m
=
Capital10
€1.3m
€1.3m
€1.3m
€1.3m
€1.3m
=
Issued capital100
€1.3m
€1.3m
€1.3m
€1.3m
€1.3m
=
Profit (loss) carried forward14
-€1.3m
-€2.3m
-€3.2m
-€4.1m
-€4.8m
▼ 17.8%
Amounts payable17/49
€512,801
€1.8m
€3.0m
€4.6m
€6.1m
▲ 32.2%
Amounts payable after more than one year17
€152,087
€1.5m
€2.5m
€3.9m
€5.3m
▲ 34.4%
Financial debts170/4
€152,087
€1.5m
€2.5m
€3.9m
€5.3m
▲ 34.4%
Amounts payable within one year42/48
€303,815
€292,514
€388,465
€545,939
€609,245
▲ 11.6%
Current portion of amounts payable after more than one year42
€6,206
€0
-
-
-
-
Trade debts44
€157,287
€143,921
€173,096
€206,259
€167,508
▼ 18.8%
Suppliers440/4
€157,287
€143,921
€173,096
€206,259
€167,508
▼ 18.8%
Taxes, remuneration and social security45
€140,321
€148,593
€215,369
€339,680
€441,737
▲ 30.0%
Taxes450/3
€6,474
€9,473
€20,451
€43,794
€32,126
▼ 26.6%
Remuneration and social security454/9
€133,847
€139,120
€194,918
€295,886
€409,611
▲ 38.4%
Other amounts payable47/48
€0
-
-
-
-
-
Accrued charges and deferred income492/3
€56,900
€74,939
€95,168
€154,504
€229,925
▲ 48.8%
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€143,270
-€976,195
-€970,589
-€854,131
-€730,190
▲ 14.5%
+ Depreciation and write-downs630
€237,713
€239,099
€301,093
€358,644
€554,144
▲ 54.5%
Operating cash flow (approximation)
€380,982
-€737,096
-€669,496
-€495,487
-€176,046
▲ 64.5%
Investment in fixed assets (approximation)
-
-€593,101
-€482,130
-€905,627
-€1.4m
▼ 49.3%
Change in cash
-
-€6,858
€3,472
€76,107
-€80,617
▼ 206%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Director appointment, VANTHOURNOUT Dieter Geert Hilde (statutory manager)
Director appointment, NOYEN Thijs Sam Gentiel (statutory manager)
Director appointment, KETELS Bavo Kris Robert Joris (statutory manager)
Director appointment, H.M. & COMPAGNIE (statutory manager)
Permanent representative, VANDEKERCKHOVE Koen
Power of attorney, VANTHOURNOUT Dieter Geert Hilde
+9 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
17 of 17 acts read
Directors · office · real estate
Directors and office
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
3 directors, 2 in day-to-day management, no change since 2024
Statutory auditor · since 19-05-2020 · perm. rep.: Filip Lozie
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
Registered office, Kortrijk · 1 establishment unit since 2015
The establishment unit on the mapLoading the map
seatestablishmentThe establishment unit on the map
Ground area
3.1 ha
Building footprint
3,306 m²
Volume, LiDAR
42,975 m³
2 parcels, Flanders · tallest building 28.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Book'u
IT consultancy
since 20152.241.949.320
2 parcels
Flanders2(100%)
Parcel (capakey)
Region
Area
Buildings
Height / fl.
34353B0282/00N000
Flanders
2.4 ha
1 · 915 m²
14.3 m · 4 fl.
36494E1299/00F000
Flanders
6,830 m²
1 · 2,390 m²
28.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
20 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 2,727 companies in sector 63100 we hold annual accounts for 1,271. 921 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPublic limited company
Founded06-05-2015
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
62200Computer consultancy and computer facilities management