BUTTERFLY EFFECT
ActiveBUTTERFLY EFFECT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123k and a net result of €9k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 40% of 2687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+22
Solvency60▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.1 against 0.02 in 2024; short-term debt: 53.8% and cash: 1.3% of total assets), and 64.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.1%
Return on assets
2.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €123k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
14 d late
2023
30 d late
2022
31 d late
2021
23 d late
2020
30 d late
2019
84 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k▲ 154%
2024 · €4k
2018: €-8k
2019: €-20k
2020: €-6k
2021: €12
2022: €-306
2023: €12k
2024: €4k
2018 → 2025
Working capital
€-170k▼ 7.7%
2024 · €-158k
2018: €-81k
2019: €-108k
2020: €-112k
2021: €-137k
2022: €-147k
2023: €-148k
2024: €-158k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€98k-€98k▼ 0.3%€109k▲ 12.1%€113k▲ 3.4%€123k▲ 8.3%
Operating result€2k-€4k▲ 88.7%€14k▲ 225%€6k▼ 60.0%€12k▲ 119%
Net result€12-€-306€12k€4k▼ 68.7%€9k▲ 154%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 119% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €349k
Fixed assets
€331k▲ 8.3%
Current assets
€18k▲ 365%
Equity and liabilities €349k
Equity
€123k▲ 8.3%
Debt
€227k▲ 15.4%
The debt ratio rises from 63.5% to 64.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18k▲
2024 · €6k
Cash flow
€15k▲
2024 · €4k
Solvency
35.1%▼
2024 · 36.5%
Current ratio
0.10▲
2024 · 0.02
Quick ratio
0.10▲
2024 · 0.02
Debt / equity
1.85▲
2024 · 1.74
ROE
7.7%▲
2024 · 3.3%
ROA
2.7%▲
2024 · 1.2%
Interest coverage
6.62▲
2024 · 3.54
Debt
€227k▲
2024 · €197k
Debt ≤ 1 year
€188k▲
2024 · €162k
Debt > 1 year
€39k▲
2024 · €35k
Income taxes
€325▲
2024 · €174
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€310k€349k▲
Fixed assets21/28€306k€331k▲
Tangible fixed assets22/27€1k€27k▲
Furniture and vehicles24€1k€27k▲
Financial fixed assets28€305k€305k=
Current assets29/58€4k€18k▲
Amounts receivable within one year40/41€399€12k▲
Trade receivables40€399€11k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€3k€5k▲
Deferred charges and accrued income490/1€940€2k▲
Equity and liabilities
Total equity and liabilities10/49€310k€349k▲
Equity10/15€113k€123k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133-€2k
Profit (loss) carried forward14€93k€102k▲
Amounts payable17/49€197k€227k▲
Amounts payable after more than one year17€35k€39k▲
Financial debts170/4€35k€39k▲
Amounts payable within one year42/48€162k€188k▲
Current portion of amounts payable after more than one year42€16k€22k▲
Financial debts43€46€47▲
Credit institutions430/8€46€47▲
Trade debts44€16k€23k▲
Suppliers440/4€16k€23k▲
Taxes, remuneration and social security45€4k€1k▼
Taxes450/3€4k€1k▼
Other amounts payable47/48€126k€141k▲
Income statement
Code20242025
Non-recurring operating income76A-€637
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€630€5k▲
Other operating charges640/8€1k€5k▲
Gross operating margin9900€7k€22k▲
Operating profit (loss)9901€6k€12k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€4k€10k▲
Income taxes67/77€174€325▲
Profit (loss) for the period9904€4k€9k▲
Profit (loss) for the period to be appropriated9905€4k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€102k▲
Profit (loss) brought forward from the previous period14P€89k€93k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 14 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial
Equity above €100kEq €109k ▲12.1%
Equity rises from €98k to €109k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
31-12
Financial
Back to profitnet €12
Net result €12 after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2010
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.
G.J. Martinstraat 461200 Sint-Lambrechts-Woluwe1 establishment unit
G.J. Martinstraat 46, 1200 Sint-Lambrechts-Woluwe
since 20102.188.847.461
Similar companies · same sector, comparable size
TICTOPIA
BE 0846.655.293
Vorst · Eq €123k
MUSTANG IT Consulting
BE 0830.340.883
Sint-Pieters-Leeuw · Eq €123k
COMPUTERS AND TECHNOLOGY
BE 0544.532.066
Maarkedal · Eq €122k
Ontwikkelingsmaatschappij Maasland
BE 0441.387.711
Maaseik · Eq €123k
LB-Assist
BE 0743.476.096
Putte · Eq €123k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,471 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-06-2010
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
46190Agents in non-specialised wholesale trade
47400Retail sale of information and communication equipment
47410Retail trade
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
68110Buying and selling of own real estate
79110Travel agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filings
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.