Summary
Code 84 is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €944,498 and a net result of €577,276. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 37% of 9,649 sector peers (NACE 64, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210
1 site
Size
€2.7mtotal assets 2025
- Equity
- €944,498
- Profit
- €577,276
Turnover not published (abbreviated or micro format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
Accounts 12 days early0 of 4 deeds read
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-01-2026, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 days early
2024
on the day
2023
1 day late
2022
22 days early
2021
on the day
2020
16 days early
2019
11 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end14-10-2026 today31-01-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2019 to 2025net €577,276 ▲368%
- Liquidity more than quadruplescurrent ratio 1.69
Financials · financial year 2025, micro format
Equity
€944,498▲ 157%
2024 · €367,222
Net result
€577,276▲ 368%
2024 · €123,322
Total assets
€2.7m▲ 10.2%
2024 · €2.4m
Solvency
35.2%▲ 20.1pp
2024 · 15.1%
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 200% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.8m
2025
Net result€0.6m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.7m
2025
Equity€0.9m
2025
Debt€1.5m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.4m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)21.5%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency35.2%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.69
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.08m-€0.1m▲ 31.7%€0.2m▲ 77.3%€0.1m▼ 44.0%-€0.02m€0.3m€0.8m▲ 200%
Net result€0.03m-€0.05mwithin the sector's middle half▲ 74.8%€0.1mwithin the sector's middle half▲ 124%€0.04mwithin the sector's middle half▼ 57.5%-€0.07mbelow the sector's middle half€0.1mabove the sector's middle half€0.6mabove the sector's middle half▲ 368%
Equity€0.1m-€0.2mwithin the sector's middle half▲ 37.3%€0.3mwithin the sector's middle half▲ 61.0%€0.3mwithin the sector's middle half▲ 16.1%€0.2mwithin the sector's middle half▼ 22.8%€0.4mwithin the sector's middle half▲ 50.6%€0.9mabove the sector's middle half▲ 157%
Total assets€1.6m-€2.4mwithin the sector's middle half▲ 46.6%€2.4mwithin the sector's middle half▲ 0.4%€2.4mabove the sector's middle half▼ 1.6%€2.4mabove the sector's middle half▼ 0.1%€2.4mabove the sector's middle half▲ 2.6%€2.7mabove the sector's middle half▲ 10.2%
Debt€1.5m-€2.2m▲ 47.4%€2.1m▼ 4.2%€2.1m▼ 3.9%€2.1m▲ 3.4%€2.0m▼ 6.4%€1.5m▼ 23.7%
Working capital-€0.5m--€0.4mbelow the sector's middle half▲ 22.9%-€0.4mbelow the sector's middle half▲ 0.8%-€0.4mbelow the sector's middle half▼ 4.1%-€0.5mbelow the sector's middle half▼ 25.3%-€0.5mbelow the sector's middle half▲ 12.8%€0.4mabove the sector's middle half
Solvency7.5%-7.0%below the sector's middle half▼ 0.5pp11.3%below the sector's middle half▲ 4.2pp13.3%below the sector's middle half▲ 2.0pp10.3%below the sector's middle half▼ 3.0pp15.1%below the sector's middle half▲ 4.8pp35.2%within the sector's middle half▲ 20.1pp
Current ratio0.04-0.13below the sector's middle half▲ 0.100.09below the sector's middle half▼ 0.040.04below the sector's middle half▼ 0.060.05below the sector's middle half▲ 0.010.39below the sector's middle half▲ 0.341.69within the sector's middle half▲ 1.30
Return on assets (ROA)1.6%-1.9%within the sector's middle half▲ 0.3pp4.3%within the sector's middle half▲ 2.4pp1.8%within the sector's middle half▼ 2.4pp-3.0%below the sector's middle half▼ 4.9pp5.1%within the sector's middle half▲ 8.1pp21.5%within the sector's middle half▲ 16.4pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets
€1.7m ▼ 20.7%
Current assets
€991,172 ▲ 229%
Equity and liabilities €2.7m
Equity
€944,498 ▲ 157%
Provisions
€220,130 ▲ 191%
Debt
€1.5m ▼ 23.7%
Debt's share of the balance-sheet total falls from 81.8% to 56.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
61.1%▲
2024 · 33.6%
Debt ≤ 1 year
€587,299▼
2024 · €768,281
Debt > 1 year
€924,947▼
2024 · €1.2m
Income taxes
€3,880▲
2024 · €147
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €302,215 | €593,310 | ▲ 96.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €85,305 | €51,348 | €81,087 | €85,927 | €89,394 | €86,506 | €71,903 | ▼ 16.9% |
| Other operating charges640/8 | - | - | - | €13,618 | €6,816 | €14,895 | €11,262 | ▼ 24.4% |
| Non-recurring operating charges66A | - | - | - | €126 | - | - | - | - |
| Gross operating margin9900 | €172,349 | €235,031 | €286,524 | €210,466 | €80,299 | €357,889 | €851,521 | ▲ 138% |
| Operating profit (loss)9901 | €84,657 | €111,510 | €197,756 | €110,795 | -€15,911 | €256,489 | €768,356 | ▲ 200% |
| Financial income75/76B | - | - | - | €20 | €2 | €89 | €2,014 | ▲ 2,170% |
| Recurring financial income75 | €1 | €1 | €18 | €20 | €2 | €89 | €2,014 | ▲ 2,170% |
| Financial charges65/66B | - | - | - | €43,923 | €55,784 | €57,555 | €44,637 | ▼ 22.4% |
| Recurring financial charges65 | €42,010 | €38,295 | €46,752 | €43,923 | €55,784 | €57,555 | €44,637 | ▼ 22.4% |
| Profit (loss) for the period before taxes9903 | €42,648 | €73,215 | €151,023 | €66,891 | -€71,693 | €199,022 | €725,733 | ▲ 265% |
| Transfer from deferred taxes780 | - | - | - | - | - | - | €3,441 | - |
| Transfer to deferred taxes680 | - | - | - | - | - | €75,554 | €148,018 | ▲ 95.9% |
| Income taxes67/77 | €16,379 | €27,305 | €47,994 | €23,142 | €218 | €147 | €3,880 | ▲ 2,540% |
| Profit (loss) for the period9904 | €26,269 | €45,910 | €103,029 | €43,750 | -€71,911 | €123,322 | €577,276 | ▲ 368% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | €10,323 | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €226,661 | €444,053 | ▲ 95.9% |
| Profit (loss) for the period to be appropriated9905 | €26,269 | €45,910 | €103,029 | €43,750 | -€71,911 | -€103,339 | €143,546 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.6m | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | €2.7m | ▲ 10.2% |
| Fixed assets21/28 | €1.6m | €2.3m | €2.4m | €2.4m | €2.3m | €2.1m | €1.7m | ▼ 20.7% |
| Tangible fixed assets22/27 | €1.6m | €2.3m | €2.4m | €2.4m | €2.3m | €2.1m | €1.7m | ▼ 20.7% |
| Land and buildings22 | - | - | - | €2.3m | €2.3m | €2.1m | €1.7m | ▼ 20.1% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.02m | €0.01m | €0.004m | ▼ 67.7% |
| Other tangible fixed assets26 | - | - | - | €0.02m | €0.01m | €0.007m | - | - |
| Current assets29/58 | €0.02m | €0.06m | €0.04m | €0.02m | €0.03m | €0.3m | €1.0m | ▲ 229% |
| Amounts receivable within one year40/41 | €0.01m | €0.03m | €0.02m | €0.002m | €0.02m | €0.04m | €0.6m | ▲ 1,297% |
| Trade receivables40 | - | - | - | €251 | €0.02m | €0.04m | €0.1m | ▲ 134% |
| Other amounts receivable41 | - | - | - | €0.002m | - | €28 | €0.5m | ▲ 1,744,089% |
| Cash at bank and in hand54/58 | €0.007m | €0.04m | €0.02m | €0.01m | €0.005m | €0.04m | €0.02m | ▼ 60.6% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.002m | €0.2m | €0.4m | ▲ 76.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.6m | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | €2.7m | ▲ 10.2% |
| Equity10/15 | €0.1m | €0.2m | €0.3m | €0.3m | €0.2m | €0.4m | €0.9m | ▲ 157% |
| Contributions10/11 | €0.03m | - | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves13 | €0.09m | €0.1m | €0.2m | €0.3m | €0.2m | €0.4m | €0.9m | ▲ 105% |
| Non-distributable reserves130/1 | - | - | - | €0.003m | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.003m | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | - | - | €0.2m | €0.7m | ▲ 191% |
| Distributable reserves133 | - | - | - | €0.3m | €0.2m | €0.2m | €0.3m | ▲ 16.1% |
| Profit (loss) carried forward14 | - | - | - | - | -€0.005m | -€0.1m | - | - |
| Provisions and deferred taxes16 | - | - | - | - | - | €0.08m | €0.2m | ▲ 191% |
| Deferred taxes168 | - | - | - | - | - | €0.08m | €0.2m | ▲ 191% |
| Amounts payable17/49 | €1.5m | €2.2m | €2.1m | €2.1m | €2.1m | €2.0m | €1.5m | ▼ 23.7% |
| Amounts payable after more than one year17 | €0.9m | €1.7m | €1.7m | €1.6m | €1.6m | €1.2m | €0.9m | ▼ 24.0% |
| Financial debts170/4 | - | - | - | €1.4m | €1.4m | €1.2m | €0.9m | ▼ 24.0% |
| Other amounts payable178/9 | - | - | - | €0.2m | €0.1m | - | - | - |
| Amounts payable within one year42/48 | €0.6m | €0.5m | €0.5m | €0.4m | €0.6m | €0.8m | €0.6m | ▼ 23.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 33.2% |
| Financial debts43 | - | - | - | €0.02m | - | €0.02m | €0.03m | ▲ 34.9% |
| Credit institutions430/8 | - | - | - | €0.02m | - | - | - | - |
| Other loans439 | - | - | - | - | - | €0.02m | €0.03m | ▲ 34.9% |
| Trade debts44 | €0.07m | €0.02m | €0.02m | €0.04m | €0.03m | €0.07m | €0.08m | ▲ 8.8% |
| Suppliers440/4 | - | - | - | €0.04m | €0.03m | €0.07m | €0.08m | ▲ 8.8% |
| Taxes, remuneration and social security45 | - | - | - | €0.007m | €0.003m | €0.001m | €0.006m | ▲ 346% |
| Taxes450/3 | - | - | - | €0.007m | €0.003m | €0.001m | €0.006m | ▲ 346% |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.4m | €0.5m | €0.4m | ▼ 29.0% |
| Accrued charges and deferred income492/3 | - | - | - | €0.01m | €0.02m | €0.009m | €0.009m | ▼ 2.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,269 | €45,910 | €103,029 | €43,750 | -€71,911 | €123,322 | €577,276 | ▲ 368% |
| + Depreciation and write-downs630 | €85,305 | €51,348 | €81,087 | €85,927 | €89,394 | €86,506 | €71,903 | ▼ 16.9% |
| Operating cash flow (approximation) | €111,573 | €97,258 | €184,117 | €129,677 | €17,483 | €209,827 | €649,179 | ▲ 209% |
| Investment in fixed assets (approximation) | - | -€773,551 | -€111,681 | -€71,475 | -€76,714 | €124,149 | €369,639 | ▲ 198% |
| Change in cash | - | €28,121 | -€13,033 | -€7,307 | -€9,913 | €33,439 | -€23,157 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | micro format | 19-01-2026 | 2026-00009760 |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00021942 |
| 30-06-2023 | micro format | 01-02-2024 | 2024-00021889 |
| 30-06-2022 | micro format | 09-01-2023 | 2023-20555292 |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-03300459 |
| 30-06-2020 | abbreviated format | 15-01-2021 | 2021-01000142 |
| 30-06-2019 | abbreviated format | 20-01-2020 | 2020-01600504 |
| 30-06-2018 | abbreviated format | 04-01-2019 | 2019-00300426 |
| 31-12-2016 | abbreviated format | 26-06-2017 | 2017-22200596 |
| 31-12-2015 | abbreviated format | 05-07-2016 | 2016-28000256 |
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Of the 24,456 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,971. 12,856 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
19-01
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
30-06
Financial
Highest result from 2019 to 2025net €577,276 ▲368%
Operating result €768,356, net result €577,276, both a record.
30-06
Financial
Liquidity more than quadruplescurrent ratio 1.69
Current ratio from 0.39 to 1.69; short-term debt falls from €768,281 to €587,299.
30-06
Financial
Equity above €500,000equity €944,498 ▲157%
2 profitable years in a row build equity to €944,498.
31-01
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
30-06
Financial
Back to profitnet €123,322
Net result €123,322 after one loss-making year.
01-02
NBB filing
Annual accounts filed
financial year 2023 · micro format · 1 day late
2023
30-06
Financial
Weakest financial yearnet -€71,911
Net result drops to -€71,911, the lowest in the series; recovery starts the following year.
09-01
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
31-01
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format
2021
30-06
Financial
Equity above €200,000equity €272,062 ▲61%
A profit in every financial year since 2019 builds equity to €272,062.
15-01
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
Show earlier events
2020
30-06
Financial
Equity above €150,000equity €169,033 ▲37.3%
A profit in every financial year since 2019 builds equity to €169,033.
20-01
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2019
04-01
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2017
26-06
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
2016
05-07
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all 13 are under Financials.
0 of 4 deeds read
About the unread acts
We know of 4 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded02-08-2011
Financial year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0838297853
Also
9925:BE0838297853
Registered
09-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 14 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
1 application in Flanders since 2018 · 1 granted
Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2011
Ground area
2,948 m²
Building footprint
891 m²
Building volume
4,211 m³
2 parcels, Flanders · tallest building 15.9 m. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Code 84
since 2011unit no. 2.201.589.303
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44074C0536/00L000 | Flanders | 2,857 m² | 1 · 810 m² | 10.6 m · 1 |
| 44804D0464/56B000 | Flanders | 91 m² | 1 · 81 m² | 15.9 m · 5 |
How the parcels are linked
Good to know
Both parcels match the address exactly.