COMPAS
ActiveSummary
COMPAS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,103 and a net result of €39,851. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 1914 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▼-37
Solvency38▲+8
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.15 against 1.05 in 2024; short-term debt: 87.2% and cash: 2.8% of total assets), and 87.2% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← 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
12.8%
Return on assets
10%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1914 sector peers (2025).
NBB · sector comparisonPosition among 1914 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
5 d early
2023
5 d early
2022
2 d early
2021
2 d early
2020
on the day
2019
on the day
← 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 2 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 28 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€51,103▲ 354%
2024 · €11,252
Total assets
€397,774▲ 61.7%
2024 · €246,016
Net result
€39,851▼ 71.3%
2024 · €138,719
Working capital
€51,103▲ 354%
2024 · €11,252
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€63,040▼ 1,466%-€52,433▲ 16.8%-€37,592▲ 28.3%€138,745€54,603▼ 60.6%
Net result-€63,224below the sector's middle half▼ 1,431%-€60,092below the sector's middle half▲ 5.0%-€37,408below the sector's middle half▲ 37.7%€138,719above the sector's middle half€39,851within the sector's middle half▼ 71.3%
Equity-€29,966below the sector's middle half-€90,059below the sector's middle half▼ 201%-€127,467below the sector's middle half▼ 41.5%€11,252below the sector's middle half€51,103within the sector's middle half▲ 354%
Total assets€373,378above the sector's middle half▼ 24.6%€288,795within the sector's middle half▼ 22.7%€229,245within the sector's middle half▼ 20.6%€246,016within the sector's middle half▲ 7.3%€397,774above the sector's middle half▲ 61.7%
Debt€403,344▼ 12.7%€378,854▼ 6.1%€356,711▼ 5.8%€234,764▼ 34.2%€346,671▲ 47.7%
Working capital-€29,966below the sector's middle half-€90,059below the sector's middle half▼ 201%-€127,467below the sector's middle half▼ 41.5%€11,252within the sector's middle half€51,103within the sector's middle half▲ 354%
Solvency-8.0%below the sector's middle half▼ 14.7pp-31.2%below the sector's middle half▼ 23.2pp-55.6%below the sector's middle half▼ 24.4pp4.6%below the sector's middle half▲ 60.2pp12.8%below the sector's middle half▲ 8.3pp
Current ratio0.93below the sector's middle half▼ 0.160.76below the sector's middle half▼ 0.160.64below the sector's middle half▼ 0.121.05below the sector's middle half▲ 0.411.15within the sector's middle half▲ 0.10
Return on assets (ROA)-16.9%below the sector's middle half▼ 16.1pp-20.8%below the sector's middle half▼ 3.9pp-16.3%below the sector's middle half▲ 4.5pp56.4%above the sector's middle half▲ 72.7pp10.0%within the sector's middle half▼ 46.4pp
above
within
below
the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
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 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €397,774
Equity
€51,103 ▲ 354%
Debt
€346,671 ▲ 47.7%
Debt's share of the balance-sheet total falls from 95.4% to 87.2%. Equity and debt are higher.
Key figures and ratios
Quick ratio
0.97▲
2024 · 0.85
Debt to equity
6.78▼
2024 · 20.86
ROE
78.0%
Debt ≤ 1 year
€346,671▲
2024 · €234,764
Income taxes
€14,690
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
3.7%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €23,800 | - | - | - | - |
| Other operating charges640/8 | €516 | €1,864 | €608 | €908 | €2,012 | ▲ 122% |
| Non-recurring operating charges66A | - | €200,000 | - | - | - | - |
| Gross operating margin9900 | -€62,524 | €149,430 | -€36,984 | €139,653 | €56,615 | ▼ 59.5% |
| Operating profit (loss)9901 | -€63,040 | -€52,433 | -€37,592 | €138,745 | €54,603 | ▼ 60.6% |
| Financial income75/76B | - | - | €217 | - | €0 | - |
| Recurring financial income75 | - | - | €217 | - | €0 | - |
| Financial charges65/66B | €184 | €222 | €33 | €26 | €62 | ▲ 137% |
| Recurring financial charges65 | €184 | €222 | €33 | €26 | €62 | ▲ 137% |
| Profit (loss) for the period before taxes9903 | -€63,224 | -€52,656 | -€37,408 | €138,719 | €54,541 | ▼ 60.7% |
| Income taxes67/77 | - | €7,437 | - | - | €14,690 | - |
| Profit (loss) for the period9904 | -€63,224 | -€60,092 | -€37,408 | €138,719 | €39,851 | ▼ 71.3% |
| Profit (loss) for the period to be appropriated9905 | -€63,224 | -€60,092 | -€37,408 | €138,719 | €39,851 | ▼ 71.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €373,378 | €288,795 | €229,245 | €246,016 | €397,774 | ▲ 61.7% |
| Current assets29/58 | €373,378 | €288,795 | €229,245 | €246,016 | €397,774 | ▲ 61.7% |
| Stocks and contracts in progress3 | €35,852 | €44,687 | €45,511 | €45,511 | €60,229 | ▲ 32.3% |
| Stocks30/36 | €35,852 | €44,687 | €45,511 | €45,511 | €60,229 | ▲ 32.3% |
| Amounts receivable within one year40/41 | €313,651 | €219,431 | €156,198 | €172,987 | €302,100 | ▲ 74.6% |
| Trade receivables40 | €97,594 | €219,431 | €133,498 | €165,550 | €302,100 | ▲ 82.5% |
| Other amounts receivable41 | €216,056 | - | €22,700 | €7,437 | - | - |
| Current investments50/53 | €23,875 | €24,677 | €24,213 | €24,213 | €24,213 | = |
| Cash at bank and in hand54/58 | - | - | €2,830 | €3,305 | €11,232 | ▲ 240% |
| Deferred charges and accrued income490/1 | - | - | €493 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €373,378 | €288,795 | €229,245 | €246,016 | €397,774 | ▲ 61.7% |
| Equity10/15 | -€29,966 | -€90,059 | -€127,467 | €11,252 | €51,103 | ▲ 354% |
| Contributions10/11 | €6,203 | €6,203 | €6,203 | €6,203 | €6,203 | = |
| Capital10 | €6,203 | €6,203 | €6,203 | €6,203 | €6,203 | = |
| Issued capital100 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Uncalled capital101 | €12,389 | €12,389 | €12,389 | €12,389 | €12,389 | = |
| Reserves13 | €2,681 | €2,681 | €2,681 | €2,681 | €2,681 | = |
| Non-distributable reserves130/1 | €2,681 | €2,681 | €2,681 | €2,681 | €2,681 | = |
| Legal reserve130 | €2,681 | €2,681 | €2,681 | €2,681 | €2,681 | = |
| Profit (loss) carried forward14 | -€38,850 | -€98,942 | -€136,351 | €2,368 | €42,219 | ▲ 1,683% |
| Amounts payable17/49 | €403,344 | €378,854 | €356,711 | €234,764 | €346,671 | ▲ 47.7% |
| Amounts payable within one year42/48 | €403,344 | €378,854 | €356,711 | €234,764 | €346,671 | ▲ 47.7% |
| Current portion of amounts payable after more than one year42 | - | €3,844 | - | - | €10,309 | - |
| Financial debts43 | - | - | €11,146 | €5,438 | - | - |
| Credit institutions430/8 | - | - | €11,146 | €5,438 | - | - |
| Trade debts44 | €254,859 | €172,837 | €140,000 | €104,847 | €280,743 | ▲ 168% |
| Suppliers440/4 | €254,859 | €172,837 | €140,000 | €104,847 | €280,743 | ▲ 168% |
| Taxes, remuneration and social security45 | €6,062 | €15,263 | - | €6,410 | €44,957 | ▲ 601% |
| Taxes450/3 | €6,062 | €15,263 | - | €6,410 | €44,957 | ▲ 601% |
| Other amounts payable47/48 | €142,423 | €186,910 | €205,565 | €118,069 | €10,664 | ▼ 91.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€63,224 | -€60,092 | -€37,408 | €138,719 | €39,851 | ▼ 71.3% |
| Operating cash flow (approximation) | -€63,224 | -€60,092 | -€37,408 | €138,719 | €39,851 | ▼ 71.3% |
| Change in cash | - | - | - | €475 | €7,927 | ▲ 1,568% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €138,719
Net result €138,719 after 5 loss-making years.
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet -€63,224
Net result drops to -€63,224, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State 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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Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 1996
Ground area
492 m²
Building footprint
480 m²
Volume, LiDAR
4,072 m³
2 parcels, Brussels · tallest building 18.1 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Ernest Renanlaan 5, 1030 Schaarbeek
since 19962.078.642.296
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N0455/00E000 | Brussels | 426 m² | 1 · 422 m² | 15.9 m · 3 fl. |
| 21903B0254/00L003 | Brussels | 66 m² | 1 · 58 m² | 18.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,727 companies in sector 63100 we hold annual accounts for 1,274. 930 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-09-1996
Fiscal year end30-09
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458812275
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.