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COMSOL-IT

Active
Private limited companyfounded 200620 yrs activeKerkeweg 45, 3090 Overijse, BelgiumKBO/BCE: BE 0880.496.021
Summary

COMSOL-IT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€2,032) and a net result of €6,843. Equity is shrinking by ~43.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
59 / 100
Fair
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▲+8
Solvency19▲+19
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 0.54 in 2023; short-term debt: 105.8% and cash: 57% of total assets), and equity is negative.
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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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-5.8%
Return on assets
19.5%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 20783 sector peers (2024).
NBB · sector comparison
Position among 20783 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
44 d early
2023
18 d late
2022
28 d late
2021
75 d late
2020
40 d late
2019
99 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 36 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 April 2006, COMSOL-IT was incorporated.1 Total assets went from EUR 43,143 in 2018 to EUR 35,117 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€2,032▲ 77.1%
2023 · -€8,875
Total assets
€35,117▲ 6.5%
2023 · €32,987
Net result
€6,843▲ 63.3%
2023 · €4,191
Working capital
-€4,167▲ 77.5%
2023 · -€18,524
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€7,051-€9,403▼ 33.4%-€29,122▼ 210%€4,776€7,249▲ 51.8%
Net result-€7,658-€9,951▼ 29.9%-€29,724▼ 199%€4,191€6,843▲ 63.3%
Equity€26,610▼ 22.3%€16,659▼ 37.4%-€13,066-€8,875▲ 32.1%-€2,032▲ 77.1%
Total assets€74,204▲ 61.3%€64,294▼ 13.4%€39,185▼ 39.1%€32,987▼ 15.8%€35,117▲ 6.5%
Debt€47,595▲ 306%€47,635▲ 0.1%€52,250▲ 9.7%€41,862▼ 19.9%€37,149▼ 11.3%
Working capital€14,860▼ 52.6%€3,783▼ 74.5%-€24,094-€18,524▲ 23.1%-€4,167▲ 77.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0€10,000Operating result 2020: -€7,051-€7,051Net result 2020: -€7,658-€7,658Operating result 2021: -€9,403-€9,403Net result 2021: -€9,951-€9,951Operating result 2022: -€29,122-€29,122Net result 2022: -€29,724-€29,724Operating result 2023: €4,776€4,776Net result 2023: €4,191€4,191Operating result 2024: €7,249€7,249Net result 2024: €6,843€6,84320202021202220232024-€30,000-€20,000-€10,000€0€10,000Operating result 2022: -€29,122-€29,100Net result 2022: -€29,724-€29,700Operating result 2023: €4,776€4,780Net result 2023: €4,191€4,190Operating result 2024: €7,249€7,250Net result 2024: €6,843€6,840202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 52% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €35,117
Fixed assets €2,135 ▼ 80.9%
Current assets €32,983 ▲ 51.4%
Key figures and ratios
2024 value · change against 2023
EBITDA
€17,550▲
2023 · €15,418
Cash flow
€17,144▲
2023 · €14,833
Solvency
-5.8%▲
2023 · -26.9%
Current ratio
0.89▲
2023 · 0.54
Quick ratio
0.74▲
2023 · 0.41
Debt to equity
-18.28▼
2023 · -4.72
ROA
19.5%▲
2023 · 12.7%
Interest coverage
63.58▲
2023 · 33.93
Debt ≤ 1 year
€37,149▼
2023 · €40,310
Income taxes
€140▲
2023 · €132
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€32,987€35,117▲
Fixed assets21/28€11,202€2,135▼
Tangible fixed assets22/27€11,202€2,135▼
Plant, machinery and equipment23€884€1,041▲
Furniture and vehicles24€10,318€1,094▼
Current assets29/58€21,786€32,983▲
Stocks and contracts in progress3€5,420€5,499▲
Stocks30/36€5,420€5,499▲
Amounts receivable within one year40/41€3,210€5,883▲
Trade receivables40€2,210€4,883▲
Other amounts receivable41€1,000€1,000=
Cash at bank and in hand54/58€13,016€20,024▲
Deferred charges and accrued income490/1€139€1,577▲
Equity and liabilities
Total equity and liabilities10/49€32,987€35,117▲
Equity10/15-€8,875-€2,032▲
Contributions10/11€18,550€18,550=
Reserves13€1,855-
Non-distributable reserves130/1€1,855-
Reserves not available under the articles1311€1,855-
Profit (loss) carried forward14-€29,280-€20,582▲
Amounts payable17/49€41,862€37,149▼
Amounts payable after more than one year17€1,553-
Financial debts170/4€1,553-
Amounts payable within one year42/48€40,310€37,149▼
Current portion of amounts payable after more than one year42€9,263€1,553▼
Trade debts44€2,196€7,398▲
Suppliers440/4€2,196€7,398▲
Taxes, remuneration and social security45€4,975€6,205▲
Taxes450/3€4,975€6,205▲
Other amounts payable47/48€23,876€21,993▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,643€10,301▼
Other operating charges640/8€558€566▲
Gross operating margin9900€15,976€18,117▲
Operating profit (loss)9901€4,776€7,249▲
Financial income75/76B€1€9▲
Recurring financial income75€1€9▲
Financial charges65/66B€454€276▼
Recurring financial charges65€454€276▼
Profit (loss) for the period before taxes9903€4,322€6,982▲
Income taxes67/77€132€140▲
Profit (loss) for the period9904€4,191€6,843▲
Profit (loss) for the period to be appropriated9905€4,191€6,843▲
Appropriation of the result
Profit (loss) to be appropriated9906-€29,280-€22,437▲
Profit (loss) brought forward from the previous period14P-€33,471-€29,280▲
Transfer from equity791/2-€1,855

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A--€4,132---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,131€10,613€11,019€10,643€10,301▼ 3.2%
Other operating charges640/8-€1,338€657€558€566▲ 1.6%
Gross operating margin9900€3,388€2,549-€17,447€15,976€18,117▲ 13.4%
Operating profit (loss)9901-€7,051-€9,403-€29,122€4,776€7,249▲ 51.8%
Financial income75/76B-€40€0€1€9▲ 787%
Recurring financial income75€4€40€0€1€9▲ 787%
Financial charges65/66B-€471€483€454€276▼ 39.2%
Recurring financial charges65€490€471€483€454€276▼ 39.2%
Profit (loss) for the period before taxes9903-€7,537-€9,834-€29,605€4,322€6,982▲ 61.5%
Income taxes67/77€121€117€120€132€140▲ 6.1%
Profit (loss) for the period9904-€7,658-€9,951-€29,724€4,191€6,843▲ 63.3%
Profit (loss) for the period to be appropriated9905-€7,658-€9,951-€29,724€4,191€6,843▲ 63.3%
Line20202021202220232024Change
Assets
Total assets20/58€74,204€64,294€39,185€32,987€35,117▲ 6.5%
Fixed assets21/28€40,818€32,863€21,844€11,202€2,135▼ 80.9%
Tangible fixed assets22/27€40,818€32,863€21,844€11,202€2,135▼ 80.9%
Plant, machinery and equipment23-€4,096€2,302€884€1,041▲ 17.8%
Furniture and vehicles24-€28,767€19,542€10,318€1,094▼ 89.4%
Current assets29/58€33,386€31,431€17,341€21,786€32,983▲ 51.4%
Stocks and contracts in progress3€6,571€4,122€1,891€5,420€5,499▲ 1.4%
Stocks30/36-€4,122€1,891€5,420€5,499▲ 1.4%
Amounts receivable within one year40/41€19,681€21,104€6,696€3,210€5,883▲ 83.2%
Trade receivables40-€4,499€858€2,210€4,883▲ 121%
Other amounts receivable41-€16,605€5,837€1,000€1,000=
Cash at bank and in hand54/58€7,134€6,205€7,638€13,016€20,024▲ 53.8%
Deferred charges and accrued income490/1--€1,116€139€1,577▲ 1,032%
Equity and liabilities
Total equity and liabilities10/49€74,204€64,294€39,185€32,987€35,117▲ 6.5%
Equity10/15€26,610€16,659-€13,066-€8,875-€2,032▲ 77.1%
Contributions10/11-€18,550€18,550€18,550€18,550=
Reserves13€1,855€1,855€1,855€1,855--
Non-distributable reserves130/1-€1,855€1,855€1,855--
Reserves not available under the articles1311-€1,855€1,855€1,855--
Profit (loss) carried forward14€6,205-€3,746-€33,471-€29,280-€20,582▲ 29.7%
Amounts payable17/49€47,595€47,635€52,250€41,862€37,149▼ 11.3%
Amounts payable after more than one year17€29,069€19,987€10,816€1,553--
Financial debts170/4-€19,987€10,816€1,553--
Amounts payable within one year42/48€18,526€27,648€41,435€40,310€37,149▼ 7.8%
Current portion of amounts payable after more than one year42-€9,081€9,172€9,263€1,553▼ 83.2%
Trade debts44€4,747€8,555€9,458€2,196€7,398▲ 237%
Suppliers440/4-€8,555€9,458€2,196€7,398▲ 237%
Taxes, remuneration and social security45-€1,505€4,616€4,975€6,205▲ 24.7%
Taxes450/3-€1,505€4,616€4,975€6,205▲ 24.7%
Other amounts payable47/48-€8,506€18,188€23,876€21,993▼ 7.9%
Line20202021202220232024Change
Profit (loss) for the period9904-€7,658-€9,951-€29,724€4,191€6,843▲ 63.3%
+ Depreciation and write-downs630€9,131€10,613€11,019€10,643€10,301▼ 3.2%
Operating cash flow (approximation)€1,473€662-€18,706€14,833€17,144▲ 15.6%
Investment in fixed assets (approximation)--€2,658€0€0-€1,234-
Change in cash--€929€1,433€5,378€7,008▲ 30.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
18-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 18 days late
2023
31-12
Financial Back to profitnet €4,191
Net result €4,191 after 3 loss-making years.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial Weakest financial yearnet -€29,724
Net result drops to -€29,724, the lowest in the series; recovery starts the following year.
14-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
09-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
07-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 99 days late
2019
12-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 43 days late
2018
08-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
11-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
23-11
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 115 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, Overijse · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
693 m²
Building footprint
153 m²
Volume, LiDAR
949 m³
Parcel 23546L0391/00M006, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
comsol-it
Kerkeweg 45, 3090 OverijseNACE 72100
since 20062.153.311.215
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23546L0391/00M006 Flanders 693 m² 1 · 153 m² 8.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,394. 12,189 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
Founded05-04-2006
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management

Scores and ratios are computed by Checked and are not a credit decision.