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CENTRALAPP

Active Public limited companyfounded 2014active for 12 yearsLouizalaan 54, 1050 IxellesKBO/BCE: BE 0545.941.437

Lifetime

11 annual accounts with figures on one time axis
peak €606,113 (2024)
€420,653▼ 30.6%
lowest -€187,056 (2016)
-€20,665▼ €48,897
peak €526,044 (2024)
€505,379▼ 3.9%
€125,263▼ 5.0%
peak 9 FTE (2019)
5.9 FTE▼ 16.9%
Board6 names since 2018
5 directorsGrégoire DE STREEL and 4 others
Documentsfilings and deeds
29-09-202660 days late
2025financial year
Gross margin from €606,113 to €420,653Loss of €20,665Staff from 7.1 FTE to 5.9 FTE

Key points

from the 2025 annual accounts

Staff

5.9 FTE from 13.4 in 2021

Between 2021 and 2025, 56% of the full-time equivalents disappeared.

Filings

11 annual accounts since 2015
AprilJune31 JulyOctober201520202025

Ten of the last ten came late. The 2021 accounts came latest: 143 days after the end of the period.

Checked score

91
Excellent
Financially stronger than 57% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value

Financial strength
Strong

100=equity 75.4% of total assets
95+2short-term debt 18.7% · cash 44.3%
65-9return on assets -3.1%

Score breakdown

raises risk
Last filed accounts filed 60 days late; 2 of the last 3 accounts late
Loss of €20,665 (financial year 2025)
lowers risk
Liquidity: current ratio 3.78, cash €296,791
Equity €505,379 (75.4% of total assets)
Calculation

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, micro). It does better than 85% of them on solvency, 84% on liquidity, 25% on profitability and 35% on growth.

The bankruptcy probability was computed on 09-11-2026 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).

Comparable companies, two years later

In July 2024, 6,908 companies had the same profile as CENTRALAPP has now. Each dot stands for 18 companies, two years later.

90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of CENTRALAPP itself: 0.2% within 12 months.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,908 companies, not a prediction for CENTRALAPP. 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.

Credit verdict

Credit of up to €45,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.78 (3.46 in 2024), above the usual 1.5. Short-term debt is 18.7% and cash 44.3% of total assets. 24.6% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 60 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 3.78, cash €296,791
NBB · annual accounts
raises risk · Loss of €20,665 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €505,379 (75.4% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
60 days late
2024
50 days late
2023
26 days late
2022
52 days late
2021
143 days late
2020
90 days late
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 69 days after 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.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GD
Director, since 14-06-2018
JZ
Director, since 14-06-2018
JC
Director, since 14-06-2018
PC
Director, since 14-06-2018
AA
Ambasta Asheh
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0545941437
4 directors reappointed Jean-Charles VANDERLINDEN, Pablo CASTIEL GAZIER, Grégoire DE STREEL and Jean ZURSTRASSEN · Permanent representative: Quentin DE SMEDT · Gazette deed
Registered office moved within Brussels New registered office: Avenue Louise 54 1050 Bruxelles · Previous registered office: Rue d'Alost, 7 à 1000 Bruxelles · General meeting of 23-03-2023 · Gazette deed
Appointment: Ashesh Ambasta (director) General meeting of 30-11-2020 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company
CENTRALAPP Ixelles €670,643 €420,653 75.4% 5.9
PAF ! Watermael-Boitsfort €583,926 €425,061 32.3% 6
Demute Koekelberg €527,320 €328,024 46.5% 6.5
RAYFERENCE Brussels €496,805 €481,061 27.6% 4.1
SPADE Sint-Gillis (bij-Brussel) €463,605 €420,882 49.7% 7
Minsky Brussels €423,923 €443,361 32.9% 7.1
IGE+XAO BELGIUM Watermael-Boitsfort €642,278 €685,672 39.7% 5

These companies have the same main activity as CENTRALAPP: computer programming (NACE 62100). They are comparable in size and age: total assets between €424,000 and €642,000, founded between 2011 and 2015.

Official details

Source: KBO
Status
Active since 11-02-2014Normal situation
Registered office
385 active companies are registered at this address31 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Computer programmingNACE 62100and 3 others
Establishment unit
2.227.103.6671050 Ixelles, since 19-02-2014
Financial year end
31 December
Peppol
Reachable since 03-01-2025
Company details

Annual accounts 2025

≈ €1.1mestimated
€670,643▼ 3.9%
Employeeson 31-12-2025
6▲ 20.0%
Filing
Filed on 29-09-2026
Financials

Insights on CENTRALAPP

CENTRALAPP has existed since 2014. The present size dates from 2018. The gross margin rose that year from €124,500 to €259,802 and staff from 3.3 to 4.5 full-time equivalents.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CENTRALAPP

What is the company number of CENTRALAPP?
The company number of CENTRALAPP is 0545.941.437. The VAT number is the same number with BE in front: BE 0545.941.437.
Where is CENTRALAPP based?
The registered office is at Louizalaan 54, 1050 Ixelles.Company details
What does CENTRALAPP do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of CENTRALAPP?
CENTRALAPP is a public limited company (NV).
When was CENTRALAPP founded?
CENTRALAPP was founded on 11-02-2014.
Is CENTRALAPP still active?
Yes, CENTRALAPP is an active enterprise in the KBO register.
How many employees does CENTRALAPP have?
CENTRALAPP had an average of 5.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CENTRALAPP?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €420,653 and 149 comparable companies (NACE 62). It probably lies between €760,000 and €1.8m.
Is CENTRALAPP profitable?
In financial year 2025, CENTRALAPP made a loss of €20,665.
Where can I find the annual accounts of CENTRALAPP?
CENTRALAPP filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CENTRALAPP due?
CENTRALAPP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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