BSImprovement
ActiveBSImprovement has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62k and a net result of €25k. Its solvency ranks better than 53% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency90▲+34
Growth52
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.09 against 2.23 in 2023; short-term debt: 34.5% and cash: 47.4% of total assets), and 34.5% of the assets are financed with debt.
Credit advice 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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
44 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€62k▲ 65.1%
2023 · €38k
2023: €38k
2023 → 2024
Total assets
€95k▼ 21.5%
2023 · €122k
2023: €122k
2023 → 2024
Net result
€25k▼ 33.3%
2023 · €38k
2023: €38k
2023 → 2024
Working capital
€36k▼ 24.8%
2023 · €48k
2023: €48k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€38k-€62k▲ 65.1%
Operating result€50k-€34k▼ 31.9%
Net result€38k-€25k▼ 33.3%
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 2024; 2024 is 32% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €95k
Fixed assets
€27k▼ 24.2%
Current assets
€69k▼ 20.5%
Equity and liabilities €95k
Equity
€62k▲ 65.1%
Debt
€33k▼ 60.7%
The debt ratio falls from 68.9% to 34.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43k▼
2023 · €59k
Cash flow
€35k▼
2023 · €48k
Solvency
65.5%▲
2023 · 31.1%
Current ratio
2.09▼
2023 · 2.23
Quick ratio
2.09▼
2023 · 2.23
Debt / equity
0.53▼
2023 · 2.21
ROE
40.8%▼
2023 · 100.9%
ROA
26.7%▼
2023 · 31.4%
Interest coverage
160.61▼
2023 · 510.10
Debt
€33k▼
2023 · €84k
Debt ≤ 1 year
€33k▼
2023 · €39k
Income taxes
€8k▼
2023 · €11k
Staff costs
€35k▼
2023 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€122k€95k▼
Fixed assets21/28€35k€27k▼
Tangible fixed assets22/27€35k€26k▼
Furniture and vehicles24€35k€26k▼
Financial fixed assets28€255€255=
Current assets29/58€87k€69k▼
Amounts receivable within one year40/41€18k€21k▲
Trade receivables40€18k€20k▲
Other amounts receivable41€67€179▲
Cash at bank and in hand54/58€53k€45k▼
Deferred charges and accrued income490/1€15k€3k▼
Equity and liabilities
Total equity and liabilities10/49€122k€95k▼
Equity10/15€38k€62k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€37k€62k▲
Amounts payable17/49€84k€33k▼
Amounts payable after more than one year17€45k-
Financial debts170/4€45k-
Amounts payable within one year42/48€39k€33k▼
Trade debts44€512€344▼
Suppliers440/4€512€344▼
Taxes, remuneration and social security45€28k€30k▲
Taxes450/3€23k€25k▲
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€11k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€37k€35k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Gross operating margin9900€97k€79k▼
Operating profit (loss)9901€50k€34k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€116€271▲
Recurring financial charges65€116€271▲
Profit (loss) for the period before taxes9903€50k€34k▼
Income taxes67/77€11k€8k▼
Profit (loss) for the period9904€38k€25k▼
Profit (loss) for the period to be appropriated9905€38k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€63k▲
Profit (loss) brought forward from the previous period14P-€37k
Profit to be distributed694/7€833€859▲
Return on contributions (dividend)694€833€859▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2022
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.
Louizalaan 651050 BrusselGround area
1,683 m²
Building footprint
2,433 m²
Volume, LiDAR
61,492 m³
Parcel 21807G0007/00R000, Brussels · tallest building 35.6 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
BSImprovement
since 20222.338.736.910
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0007/00R000 | Brussels | 1,683 m² | 1 · 2,433 m² | 35.6 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
COMPUTER DIVISION
BE 0785.696.337
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KOYOS
BE 0767.748.169
Gembloux · Eq €62k
Bernoull-IT
BE 1007.942.737
Antwerpen · Eq €62k
Devium
BE 0775.934.870
Zonhoven · Eq €63k
Bridge-IT Solutions
BE 0788.800.139
Ranst · Eq €62k
Of 16,887 companies in sector 62100 we hold annual accounts for 8,777. 6,905 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-2022
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
58290Other software publishing
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.