Equity
€100,725 ▲ 46.3%
Command R paid out €833 in dividends. That is 3% of the 2025 profit.
Command R
Overview
Lifetime
3 annual accounts with figures on one time axispeak €54,356 (2024)
€48,639▼ 10.5%
peak €40,737 (2024)
€32,731▼ 19.7%
peak €100,725 (2025)
€100,725▲ 46.3%
€8,311▼ 45.1%
Board1 name since 2023
1 directorHAVENEERS Robin Francine Martial
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Registered office moved within Westerlo 13-08Dividend €833Equity from €68,827 to €100,725Debts from €15,144 to €8,311
Key points
from the 2025 annual accountsTurnover
≈ €160,000 estimated
The micro format states no turnover.
Investments
€5,866 1.8 × depreciation
Green is investment, beige is depreciation.
Liquidity
12.09 was 5.06 in 2024
Short-term debts fell from €15,144 to €8,311.
Starting capital
€5,000 50 shares
Position in the sector
92.4%
Higher solvency than 91% of companies in computer programming and consultancy. Sector median 60.0% · 21,206 companies.
Checked score
98
Excellent
Financially stronger than 85% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% 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).
Fewer than 1 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%▲ +0.1 percentage points vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025lowest value
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%▲ +0.1 percentage points 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 08-2026highest value
10-2026: < 0.1%▼ -0.2 percentage points vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 12.09, cash €87,548
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €100,725 (92.4% 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, 96% on liquidity, 82% on profitability and 78% on growth.
The bankruptcy probability was computed on 08-11-2026 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, 39,278 companies had the same profile as Command R has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Command R itself is lower: < 0.1% within 12 months. It rests on far more data about Command R than the profile alone.
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.
| 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 39,278 companies, not a prediction for Command R. 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 €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 12.09 (5.06 in 2024), above the usual 1.5. Short-term debt is 7.6% and cash 80.3% of total assets. 7.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
31 days early
2024
44 days early
2023
35 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 37 days before 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 27 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0799659288
Registered office moved within Westerlo
New registered office: Tongerlodorp 15 bus E, 2260 Westerlo · Previous registered office: Merelbos 21, 2260 Westerlo · Board meeting of 01-08-2025 · Gazette deed
Incorporation
Founding capital of €5,000, 50 shares · Founder: HAVENEERS Robin Francine Martial · Appointment: HAVENEERS Robin Francine Martial (director) · published on 21-03-2023 · Gazette deed
First establishment
Tongerlodorp 15, Westerlo
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Command R Westerlo | €109,036 | €48,639 | 92.4% | - |
| TakesTwo Mechelen | €98,952 | €50,111 | 83.9% | - |
| Range Digital Antwerp | €96,763 | €45,691 | 56.2% | - |
| Yvolve Retie | €92,042 | €51,209 | 81.4% | - |
| The Basement Edegem | €90,923 | €44,217 | 87.9% | - |
| Winfakt Mol | €97,413 | €54,592 | 80.7% | - |
| LVE Consulting Bonheiden | €107,558 | €58,954 | 88.2% | - |
These companies have the same main activity as Command R: computer programming (NACE 62100). They are comparable in size and age: total assets between €90,900 and €108,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 17-03-2023Normal situation
- Activity
- Computer programmingNACE 62100and 4 others
- Establishment unit
- 2.342.945.2252260 Westerlo, since 17-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 05-10-2025
Annual accounts 2025
- €48,639▼ 10.5%
- €32,731▼ 19.7%
- €100,725▲ 46.3%
- €109,036▲ 29.8%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on Command R
Command R files the micro format. That format states no turnover. The gross margin rose from €32,161 in 2023 to €48,639 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-06-2026, 31 days before the deadline€48,639
▼ 10.5%
€43,803
▼ 15.8%
€32,731
▼ 19.7%
€92,166
▲ 49.9%
92.4%
▲ 10.4 percentage points
12.09
▲ 7.03
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €120,000 and €210,000.
Balance sheet
balance sheet total €109,036 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
92.4%
Higher than 91% of 21,206 companies in 2025.
12.09
Higher than 91% of 20,569 companies in 2025.
30.0%
Higher than 67% of 20,744 companies in 2025.
Command R
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
109,036 | 83,971 | 48,416 | |
21/28 |
8,559 | 7,361 | 3,426 | |
22/27 |
8,559 | 7,361 | 3,426 | |
24 |
8,559 | 7,361 | 3,426 | |
29/58 |
100,476 | 76,610 | 44,990 | |
40/41 |
12,310 | 1,132 | 25,289 | |
40 |
10,000 | - | 25,289 | |
41 |
2,310 | 1,132 | - | |
54/58 |
87,548 | 74,891 | 19,210 | |
490/1 |
618 | 588 | 492 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
109,036 | 83,971 | 48,416 | |
10/15 |
100,725 | 68,827 | 28,949 | |
10/11 |
5,000 | 5,000 | 5,000 | |
13 |
95,725 | 63,827 | 23,949 | |
133 |
95,725 | 63,827 | 23,949 | |
17/49 |
8,311 | 15,144 | 19,467 | |
42/48 |
8,311 | 15,144 | 19,467 | |
44 |
709 | 1,872 | 3,545 | |
440/4 |
709 | 1,872 | 3,545 | |
45 |
6,367 | 12,052 | 12,863 | |
450/3 |
3,967 | 12,052 | 12,863 | |
454/9 |
2,400 | - | - | |
47/48 |
1,235 | 1,219 | 3,059 | |
| Income statement | ||||
9900 |
48,639 | 54,356 | 32,161 | |
630 |
3,230 | 2,185 | 677 | |
640/8 |
1,606 | 164 | 152 | |
9901 |
43,803 | 52,007 | 31,331 | |
75/76B |
- | 20 | 15 | |
75 |
- | 20 | 15 | |
65/66B |
2,242 | 873 | 38 | |
65 |
2,242 | 873 | 38 | |
9903 |
41,561 | 51,154 | 31,308 | |
67/77 |
8,830 | 10,417 | 6,526 | |
9904 |
32,731 | 40,737 | 24,782 | |
9905 |
32,731 | 40,737 | 24,782 | |
| Appropriation of the result | ||||
9906 |
32,731 | 40,737 | 24,782 | |
691/2 |
31,898 | 39,878 | 23,949 | |
6921 |
31,898 | 39,878 | 23,949 | |
694/7 |
833 | 859 | 833 | |
694 |
833 | 859 | 833 | |
| Document | ||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 47,033 | 54,192 | 32,008 | ||
| 35,961 | 42,922 | 25,460 | ||
| 5,866 | 6,120 | 4,103 | ||
| 12,657 | 55,681 | - | ||
| 92,166 | 61,467 | 25,523 | ||
| 92.4% | 82.0% | 59.8% | ||
| 12.09 | 5.06 | 2.31 | ||
| 0.08 | 0.22 | 0.67 | ||
| 32.5% | 59.2% | 85.6% | ||
| 30.0% | 48.5% | 51.2% | ||
| 20.98 | 62.08 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €5,866 | €6,120 | €4,103 |
| €3,230 | €2,185 | €677 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Command R
The operating result for 2025 is 16% lower than in 2024.
Debt's share of the balance-sheet total falls from 18.0% to 7.6%. Equity is higher and debt is lower.
Board & ownership
Board
1 director, since incorporationDirector
appointed by deed of 21-03-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 30-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 21-03-2023
Mandates through the years
1 name, the dashed line is todayHAVENEERS Robin Francine Martial
Director
Director
Board
Mandates as a list
- HAVENEERS Robin Francine Martial
- Director, appointed by deed of 21-03-2023, still in office
Control
Founder
This company
Command R
Equity €100,725
Profit €32,731 in 2025
Capital
- Contribution
- €5,000
- Shares
- 50
- Contribution per share
- €100
- Equity per share
- €2,015 in 2025
- Source
- deed of 21-03-2023
Articles of association
deed of 21-03-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Tuesday of June at 18:00
Shareholders
At incorporation
deed of 21-03-2023 ↗
- HAVENEERS Robin Francine Martial 50 shares (100%) · €5,000
Network & group
No group
Command R has no parent and no holdings in its annual accounts. HAVENEERS Robin Francine Martial is the only director. Command R shares no director with another company.
Timeline
Timeline
11 events since 2023Filings
Financial
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 31 days before the deadline
2025
Liquidity more than doubled current ratio 12.09 The current ratio rises from 5.06 to 12.09. Short-term debt falls from €15,144 to €8,311.
Equity above €100,000 equity €100,725 ▲46.3% With a profit in every financial year since 2023, equity grows to €100,725.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0799659288
Registered office moved within WesterloNew registered office: Tongerlodorp 15 bus E, 2260 Westerlo · Previous registered office: Merelbos 21, 2260 Westerlo · Board meeting of 01-08-20252 points ▸
- Board meeting, 01-08-2025
- Registered-office move, Tongerlodorp 15 bus E, 2260 Westerlo
Annual accounts 2024 filed PDFmicro format · 44 days before the deadline
2024
Highest result from 2023 to 2025 net €40,737 ▲64.4% The operating result of €52,007 and the net result of €40,737 are both a record.
Liquidity more than doubled current ratio 5.06 The current ratio rises from 2.31 to 5.06. Short-term debt falls from €19,467 to €15,144.
Annual accounts 2023 filed PDFmicro format · 35 days before the deadline
2023
IncorporationFounding capital of €5,000, 50 shares · Founder: HAVENEERS Robin Francine Martial · Appointment: HAVENEERS Robin Francine Martial (director) · published on 21-03-20234 points ▸
- Founder, HAVENEERS Robin Francine Martial
- Founding capital, €5,000, 50 shares
- Board rule, 1
- Director appointment, HAVENEERS Robin Francine Martial
- The deed holds 2 more points.
First establishment Tongerlodorp 15, Westerlo
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Command R was incorporated on 17 March 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office was moved to Westerlo in 2025.3 HAVENEERS Robin Francine Martial is director of the company, appointed by deed of 21-03-2023.2 Total assets rose from €48,416 in 2023 to €109,036 in 2025.4
Company details
Identity
- Enterprise number
- 0799.659.288
- VAT number
- BE 0799.659.288
- Peppol ID
- 0208:0799659288
- Other Peppol ID
- 9925:BE0799659288
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 17-03-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Tuesday of June at 18:00deed of 21-03-2023 (in Dutch)
- Website
- www.cmd-r.be
- Peppol
- Reachable since 05-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Command R in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 21-03-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 21-03-2023 (in Dutch)
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
62020
IT consultancy
62090
Computer programming, consultancy and related activities
63110
Computing infrastructure, data processing, hosting and other information service activities
74103
Other professional, scientific and technical activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Ontwerpen en programmeren van computerprogramma's en andere digitale applicaties; Overige diensten op het gebied van informatietechnologie…”deed of 21-03-2023 (in Dutch)
25 activities
- Ontwerpen en programmeren van computerprogramma's en andere digitale applicaties;
- Overige diensten op het gebied van informatietechnologie en computer;
- Al dan niet permanent verwerken van gegevens met behulp van een eigen programma of een programma van de klant;
- Computerconsultancy-activiteiten;
- Verlenen van advies aan de gebruikers over soorten computers (hardware) en hun configuratie van bijhorende programmatuur (software);
- Overige uitgeverijen van software;
- Activiteiten van systeemintegrators;
- Beheer van computerfaciliteiten;
- Gegevensbewerking,webhosting en aanverwante activiteiten;
- Het ontwerpen en beheren van websites;
- Re-design van websites;
- Grafisch design;
- Het ontwerp en beheer van informatie architectuur,internet marketing en e-mail marketing;
- Het ontwerpen en beheer van online communicatie;
- Het verzorgen en beheren van multimedia toepassingen;
- Aanvraag en beheer domeinnamen;
- Alle diensten of bijkomende diensten m.b.t internet;
- Informatica en aanverwante activiteiten;
- Alle activiteiten,handelingen en verrichtingen,die rechtstreeks of onrechtstreeks,geheel of gedeeltelijk betrekking hebben op de zogenaamde "consultancy" in de meest ruime betekenis omvattend onder meer het uitvoeren van studies,het verstrekken van adviezen en het verrichten van diensten aangaande om het even welk aspect van het bestuur,het beheer,het beleid of de bedrijfsvoering van een onderneming,bedrijvigheid,openbaar bestuur,beroepsvereniging,organisatie,vereniging of enig onderdeel daarvan,alsook ten behoeve van zelfstandigen of beoefenaars van vrije beroepen;
- De organisatie en het voeren van administratieve aangelegenheden;
- Het verstrekken van advies in administratieve aangelegenheden;
- Het verifiëren en corrigeren van alle administratieve documenten;
- Advies en bijstand aan de bedrijfswereld;
- Ontwerp,verkoop en beheer van online publiciteit,bannerregie;
- Mogelijkheid tot het oprichten van e-academy en mogelijkheid tot het oprichten van een online subscription-based platform
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Tongerlodorp 15 registered office 2260 Westerlo | 17-03-2023 | 2.342.945.225 |
Contact
E-mail
info@cmd-r.be