COMPUSEARCH
ActiveSummary
COMPUSEARCH has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €579,834 and a net result of €22,821. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 70% of 355 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €579,834
- Profit
- €22,821
Why 95lowers riskLiquidity: current ratio 3.11, cash €201,119Size: total assets €761,894Equity €579,834 (76.1% of total assets)Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 86% on solvency, 67% on liquidity, 36% on profitability and 49% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 43 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · abbreviated…
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet €14,247 ▼37.1%
Financials · financial year 2026, abbreviated format
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result recovers in 2026; 2026 is 65% above 2025.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: 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).
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 14,766 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,116 | €9,157 | €11,891 | €19,746 | €27,527 | €36,175 | €39,882 | €43,538 | ▲ 9.2% |
| Other operating charges640/8 | - | - | - | €1,958 | €2,142 | €6,349 | €2,770 | €2,459 | ▼ 11.2% |
| Gross operating margin9900 | €73,393 | €44,917 | €40,444 | €179,606 | €210,855 | €77,282 | €63,283 | €80,119 | ▲ 26.6% |
| Operating profit (loss)9901 | €61,595 | €34,052 | €26,779 | €157,902 | €181,186 | €34,758 | €20,631 | €34,122 | ▲ 65.4% |
| Financial income75/76B | - | - | - | €379 | €1,022 | €4,690 | €7,063 | €4,308 | ▼ 39.0% |
| Recurring financial income75 | €0 | €156 | €118 | €379 | €1,022 | €4,690 | €7,063 | €4,308 | ▼ 39.0% |
| Financial charges65/66B | - | - | - | €3,495 | €4,759 | €6,464 | €6,680 | €5,648 | ▼ 15.5% |
| Recurring financial charges65 | €1,593 | €814 | €1,915 | €3,495 | €4,759 | €6,464 | €6,680 | €5,648 | ▼ 15.5% |
| Profit (loss) for the period before taxes9903 | €60,002 | €33,394 | €24,982 | €154,786 | €177,449 | €32,983 | €21,013 | €32,783 | ▲ 56.0% |
| Income taxes67/77 | €13,724 | €8,591 | €8,719 | €51,607 | €53,867 | €10,348 | €6,766 | €9,962 | ▲ 47.2% |
| Profit (loss) for the period9904 | €46,278 | €24,803 | €16,264 | €103,179 | €123,583 | €22,635 | €14,247 | €22,821 | ▲ 60.2% |
| Transfer from tax-exempt reserves789 | - | - | - | €28,203 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €46,278 | €24,803 | €23,220 | €131,382 | €123,583 | €22,635 | €14,247 | €22,821 | ▲ 60.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €364,057 | €398,454 | €401,387 | €518,932 | €717,150 | €698,971 | €765,450 | €761,894 | ▼ 0.5% |
| Fixed assets21/28 | €154,953 | €158,873 | €153,939 | €186,931 | €232,494 | €210,381 | €203,719 | €209,786 | ▲ 3.0% |
| Tangible fixed assets22/27 | €149,765 | €153,686 | €148,752 | €181,744 | €232,306 | €210,193 | €203,532 | €209,598 | ▲ 3.0% |
| Land and buildings22 | - | - | - | €181,271 | €231,949 | €209,951 | €203,405 | €209,588 | ▲ 3.0% |
| Furniture and vehicles24 | - | - | - | €473 | €357 | €242 | €126 | €11 | ▼ 91.5% |
| Financial fixed assets28 | €5,188 | €5,188 | €5,188 | €5,188 | €188 | €188 | €188 | €188 | = |
| Current assets29/58 | €209,105 | €239,581 | €247,448 | €332,001 | €484,656 | €488,591 | €561,731 | €552,108 | ▼ 1.7% |
| Amounts receivable within one year40/41 | €68,411 | €118,790 | €37,189 | €30,333 | €89,993 | €87,003 | €190,378 | €112,777 | ▼ 40.8% |
| Trade receivables40 | - | - | - | €27,038 | €73,860 | €19,668 | €131,641 | €85,934 | ▼ 34.7% |
| Other amounts receivable41 | - | - | - | €3,295 | €16,133 | €67,335 | €58,737 | €26,843 | ▼ 54.3% |
| Current investments50/53 | - | - | - | - | €151,901 | €200,000 | €204,578 | €216,284 | ▲ 5.7% |
| Cash at bank and in hand54/58 | €139,313 | €89,666 | €189,903 | €285,666 | €219,842 | €174,271 | €153,243 | €201,119 | ▲ 31.2% |
| Deferred charges and accrued income490/1 | - | - | - | €16,003 | €22,920 | €27,317 | €13,532 | €21,928 | ▲ 62.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €364,057 | €398,454 | €401,387 | €518,932 | €717,150 | €698,971 | €765,450 | €761,894 | ▼ 0.5% |
| Equity10/15 | €246,111 | €270,914 | €287,177 | €390,357 | €520,131 | €542,766 | €557,013 | €579,834 | ▲ 4.1% |
| Contributions10/11 | €12,408 | €12,408 | - | €12,408 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Contributions outside capital11 | - | - | - | €12,408 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | - | - | - | €12,408 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €233,703 | €258,506 | €274,769 | €377,949 | €501,531 | €524,166 | €538,413 | €561,234 | ▲ 4.2% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €376,089 | €499,671 | €524,166 | €538,413 | €561,234 | ▲ 4.2% |
| Amounts payable17/49 | €117,947 | €127,540 | €114,210 | €128,576 | €197,019 | €156,205 | €208,437 | €182,060 | ▼ 12.7% |
| Amounts payable after more than one year17 | €28,288 | €12,974 | - | €23,321 | €44,681 | €30,136 | €15,288 | €3,545 | ▼ 76.8% |
| Financial debts170/4 | - | - | - | €23,321 | €44,681 | €30,136 | €15,288 | €3,545 | ▼ 76.8% |
| Amounts payable within one year42/48 | €88,873 | €113,354 | €112,951 | €105,234 | €149,683 | €124,229 | €185,216 | €177,465 | ▼ 4.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6,474 | €14,248 | €14,545 | €14,849 | €11,742 | ▼ 20.9% |
| Trade debts44 | €52,671 | €83,560 | €34,083 | €38,508 | €58,985 | €42,527 | €78,284 | €81,279 | ▲ 3.8% |
| Suppliers440/4 | - | - | - | €38,508 | €58,985 | €42,527 | €78,284 | €81,279 | ▲ 3.8% |
| Taxes, remuneration and social security45 | - | - | - | €1,851 | €17,568 | €8,862 | €28,191 | €16,899 | ▼ 40.1% |
| Taxes450/3 | - | - | - | - | €15,801 | €7,240 | €26,567 | €16,899 | ▼ 36.4% |
| Remuneration and social security454/9 | - | - | - | €1,851 | €1,766 | €1,622 | €1,624 | - | - |
| Other amounts payable47/48 | - | - | - | €58,401 | €58,882 | €58,295 | €63,892 | €67,544 | ▲ 5.7% |
| Accrued charges and deferred income492/3 | - | - | - | €21 | €2,654 | €1,840 | €7,934 | €1,050 | ▼ 86.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €46,278 | €24,803 | €16,264 | €103,179 | €123,583 | €22,635 | €14,247 | €22,821 | ▲ 60.2% |
| + Depreciation and write-downs630 | €10,116 | €9,157 | €11,891 | €19,746 | €27,527 | €36,175 | €39,882 | €43,538 | ▲ 9.2% |
| Operating cash flow (approximation) | €56,394 | €33,960 | €28,154 | €122,926 | €151,110 | €58,810 | €54,129 | €66,359 | ▲ 22.6% |
| Investment in fixed assets (approximation) | - | -€13,078 | -€6,957 | -€52,738 | -€73,090 | -€14,062 | -€33,221 | -€49,605 | ▼ 49.3% |
| Change in cash | - | -€49,647 | €100,237 | €95,763 | -€65,824 | -€45,571 | -€21,028 | €47,876 | - |
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 29 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2026 | abbreviated format | 09-10-2026 | 2026-00554412 |
| 30-06-2025 | micro format | 18-12-2025 | 2025-00586424 |
| 30-06-2024 | micro format | 19-12-2024 | 2024-00620284 |
| 30-06-2023 | micro format | 10-01-2024 | 2024-00001209 |
| 30-06-2022 | micro format | 06-12-2022 | 2022-20533701 |
| 30-06-2021 | micro format | 12-01-2022 | 2022-00800528 |
| 30-06-2020 | micro format | 28-01-2021 | 2021-02300396 |
| 30-06-2019 | micro format | 20-01-2020 | 2020-02000318 |
| 30-06-2018 | micro format | 20-12-2018 | 2018-75400277 |
| 30-06-2017 | micro format | 10-01-2018 | 2018-01300284 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2023 · 1 entry · €1,680 awarded · €1,680 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 19-09-2023 Converted to unavailable equity · €18,600
Group and network
Connections & network
No sitting directors or connected companies in the Gazette act read.
History
Acts, filings and financial milestones
19-09
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsDirector in office · Capital conversion · Reserve release8 facts ▸
- General meeting, “eenparigheid van stemmen, buitengewone algemene vergadering” (deed in Dutch)
- Director in office, VAN NIEUWKERKE Stefan (statutory director)
- Other provision, “aanpassing statuten en behoud rechtsvorm, statuten aanpassen aan WVV” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen statutair onbeschikbare eigen vermogensrekening en beschikbaar maken voor uitkering, vormen en meerderheden van statutenwijziging” (deed in Dutch)
- Amendment of the articles
- Board composition, VAN NIEUWKERKE Stefan (statutory director)
- Registered office clause, “Bekerveldweg 14,Zonhoven” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23057B0001/00D000 | Flanders | 2,873 m² | 1 · 33 m² | 2.4 m · 1 |
| 71443E0195/00C000 | Flanders | 1,532 m² | 1 · 245 m² | 8.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Human resources; Consultancy; Outplacement; Management; Adviesverlening op het gebied van bedrijfsvoering, beleid en personeelszaken…” (deed in Dutch)
7 activities (deed in Dutch)
- Human resources
- Consultancy
- Outplacement
- Management
- Adviesverlening op het gebied van bedrijfsvoering, beleid en personeelszaken
- Arbitrage en bemiddelingen tussen bedrijfsleiding en werknemers
- Organisatie van opleidingen (assertiviteitsopleidingen, maritieme opleidingen, communicatieopleidingen, enzovoort)
- Name clauseThe name the company operates under according to its articles.
- COMPUSEARCH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, België of buitenland” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer, natuurlijke of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, gelijk” (deed in Dutch)“Op naam, vruchtgebruiker en blote eigenaar afzonderlijk met rechten” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Eenparigheid van stemmen, helft ten laste overdrager,helft ten laste koper(s),naar evenredigheid bij meerdere kopers” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of December at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Besluit algemene vergadering met vereisten voor statutenwijziging” (deed in Dutch)“Beslissing van de algemene vergadering, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, indien geen andere vereffenaar zou zijn benoemd” (deed in Dutch)