Crunch Analytics
ActiveSummary
Crunch Analytics has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €558,900 and a net result of €315,491. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 35% of 8763 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▲+60
Solvency60▲+24
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 1.64 against 1.27 in 2024; short-term debt: 55.1% and cash: 9.7% of total assets), but 64.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
35.1%
Return on assets
19.8%
Age of the figures
9 mo
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 13-05-2026, 79 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
79 d early
2024
29 d late
2023
68 d late
2022
77 d late
2021
31 d late
2020
31 d late
2019
18 d late
← 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 25 days after the deadline; the sector median for financial year 2024 is 9 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€558,900▲ 130%
2024 · €243,409
Total assets
€1.6m▼ 26.7%
2024 · €2.2m
Net result
€315,491
2024 · -€50,362
Working capital
€561,620▲ 43.4%
2024 · €391,549
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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-€43,868€211,575-€48,240-€31,374▲ 35.0%€317,446
Net result-€53,942below the sector's middle half€200,586above the sector's middle half-€73,014below the sector's middle half-€50,362below the sector's middle half▲ 31.0%€315,491above the sector's middle half
Equity€166,199within the sector's middle half▼ 24.6%€366,785within the sector's middle half▲ 121%€293,771within the sector's middle half▼ 19.9%€243,409within the sector's middle half▼ 17.1%€558,900within the sector's middle half▲ 130%
Total assets€953,527within the sector's middle half▲ 17.9%€1.8mwithin the sector's middle half▲ 85.5%€2.2mwithin the sector's middle half▲ 23.1%€2.2mwithin the sector's middle half▼ 0.1%€1.6mwithin the sector's middle half▼ 26.7%
Debt€787,328▲ 33.8%€1.4m▲ 78.0%€1.9m▲ 34.3%€1.9m▲ 2.5%€1.0m▼ 46.5%
Working capital€400,819above the sector's middle half▼ 26.2%€344,378within the sector's middle half▼ 14.1%€522,458above the sector's middle half▲ 51.7%€391,549within the sector's middle half▼ 25.1%€561,620above the sector's middle half▲ 43.4%
Solvency17.4%below the sector's middle half▼ 9.8pp20.7%below the sector's middle half▲ 3.3pp13.5%below the sector's middle half▼ 7.2pp11.2%below the sector's middle half▼ 2.3pp35.1%within the sector's middle half▲ 23.9pp
Current ratio1.78within the sector's middle half▼ 1.701.28within the sector's middle half▼ 0.501.38within the sector's middle half▲ 0.101.27within the sector's middle half▼ 0.111.64within the sector's middle half▲ 0.37
Return on assets (ROA)-5.7%below the sector's middle half▼ 6.7pp11.3%within the sector's middle half▲ 17.0pp-3.4%below the sector's middle half▼ 14.7pp-2.3%below the sector's middle half▲ 1.0pp19.8%above the sector's middle half▲ 22.1pp
Staff (FTE)16.1above the sector's middle half▼ 4.2%22.2above the sector's middle half▲ 37.9%19.4above the sector's middle half▼ 12.6%18.3above the sector's middle half▼ 5.7%12.5above the sector's middle half▼ 31.7%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €317,446 after a loss of €31,374 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€153,108 ▼ 50.3%
Current assets
€1.4m ▼ 22.9%
Equity and liabilities €1.6m
Equity
€558,900 ▲ 130%
Debt
€1.0m ▼ 46.5%
Debt's share of the balance-sheet total falls from 88.8% to 64.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€357,516▲
2024 · €42,474
Cash flow
€355,561▲
2024 · €23,486
Debt to equity
1.85▼
2024 · 7.93
ROE
56.4%▲
2024 · -20.7%
Interest coverage
21.62▲
2024 · 2.14
Debt ≤ 1 year
€877,383▼
2024 · €1.5m
Debt > 1 year
€30,550▼
2024 · €58,550
Income taxes
€742▼
2024 · €1,363
Staff costs
€990,669▼
2024 · €1.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,810 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 | - | - | - | - | €2,782 | - |
| Remuneration, social security and pensions62 | €1.0m | €1.5m | €1.4m | €1.4m | €990,669 | ▼ 27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,524 | €27,198 | €53,435 | €73,847 | €40,070 | ▼ 45.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €15,440 | €8,460 | - | - |
| Other operating charges640/8 | €25,999 | €1,129 | €1,098 | €12,971 | €4,513 | ▼ 65.2% |
| Gross operating margin9900 | €1.1m | €1.7m | €1.4m | €1.4m | €1.4m | ▼ 5.8% |
| Operating profit (loss)9901 | -€43,868 | €211,575 | -€48,240 | -€31,374 | €317,446 | ▲ 1,112% |
| Financial income75/76B | €2,146 | €4,591 | €2,204 | €2,206 | €15,325 | ▲ 595% |
| Recurring financial income75 | €2,146 | €4,591 | €2,204 | €2,206 | €3,813 | ▲ 72.8% |
| Non-recurring financial income76B | - | - | - | - | €11,512 | - |
| Financial charges65/66B | €10,898 | €13,667 | €25,263 | €19,832 | €16,538 | ▼ 16.6% |
| Recurring financial charges65 | €10,898 | €13,667 | €25,263 | €19,832 | €16,538 | ▼ 16.6% |
| Profit (loss) for the period before taxes9903 | -€52,621 | €202,499 | -€71,300 | -€48,999 | €316,233 | ▲ 745% |
| Income taxes67/77 | €1,321 | €1,913 | €1,714 | €1,363 | €742 | ▼ 45.6% |
| Profit (loss) for the period9904 | -€53,942 | €200,586 | -€73,014 | -€50,362 | €315,491 | ▲ 726% |
| Profit (loss) for the period to be appropriated9905 | -€53,942 | €200,586 | -€73,014 | -€50,362 | €315,491 | ▲ 726% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €953,527 | €1.8m | €2.2m | €2.2m | €1.6m | ▼ 26.7% |
| Fixed assets21/28 | €39,052 | €182,460 | €267,810 | €307,884 | €153,108 | ▼ 50.3% |
| Intangible fixed assets21 | €17,742 | €106,555 | €211,067 | €265,119 | €105,747 | ▼ 60.1% |
| Tangible fixed assets22/27 | €18,810 | €73,305 | €50,643 | €36,665 | €41,261 | ▲ 12.5% |
| Plant, machinery and equipment23 | €11,636 | €37,986 | €23,783 | €16,548 | €19,494 | ▲ 17.8% |
| Furniture and vehicles24 | €6,056 | €20,358 | €13,965 | €8,729 | €4,962 | ▼ 43.1% |
| Other tangible fixed assets26 | €1,118 | €14,962 | €12,896 | €11,389 | €16,805 | ▲ 47.6% |
| Financial fixed assets28 | €2,500 | €2,600 | €6,100 | €6,100 | €6,100 | = |
| Current assets29/58 | €914,475 | €1.6m | €1.9m | €1.9m | €1.4m | ▼ 22.9% |
| Amounts receivable after more than one year29 | - | - | - | - | €187,142 | - |
| Other amounts receivable291 | - | - | - | - | €187,142 | - |
| Amounts receivable within one year40/41 | €762,785 | €1.5m | €1.8m | €1.6m | €1.1m | ▼ 33.5% |
| Trade receivables40 | €520,037 | €1.4m | €1.4m | €1.3m | €936,160 | ▼ 30.6% |
| Other amounts receivable41 | €242,748 | €107,307 | €423,449 | €265,756 | €138,777 | ▼ 47.8% |
| Cash at bank and in hand54/58 | €1,161 | €979 | €16,298 | €89,830 | €154,169 | ▲ 71.6% |
| Deferred charges and accrued income490/1 | €150,529 | €35,064 | €59,216 | €159,782 | €22,754 | ▼ 85.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €953,527 | €1.8m | €2.2m | €2.2m | €1.6m | ▼ 26.7% |
| Equity10/15 | €166,199 | €366,785 | €293,771 | €243,409 | €558,900 | ▲ 130% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €145,739 | €346,325 | €273,311 | €222,949 | €538,440 | ▲ 142% |
| Amounts payable17/49 | €787,328 | €1.4m | €1.9m | €1.9m | €1.0m | ▼ 46.5% |
| Amounts payable after more than one year17 | €68,809 | €62,687 | €58,550 | €58,550 | €30,550 | ▼ 47.8% |
| Financial debts170/4 | €68,809 | €62,687 | €58,550 | €58,550 | €30,550 | ▼ 47.8% |
| Amounts payable within one year42/48 | €513,656 | €1.2m | €1.4m | €1.5m | €877,383 | ▼ 40.5% |
| Current portion of amounts payable after more than one year42 | €90,686 | €115,436 | €53,482 | €140,794 | €87,688 | ▼ 37.7% |
| Financial debts43 | €29,215 | €170,812 | €303,084 | - | - | - |
| Credit institutions430/8 | €29,215 | €170,812 | €303,084 | - | - | - |
| Trade debts44 | €252,113 | €666,227 | €866,057 | €1.2m | €675,664 | ▼ 42.1% |
| Suppliers440/4 | €252,113 | €666,227 | €866,057 | €1.2m | €675,664 | ▼ 42.1% |
| Taxes, remuneration and social security45 | €122,462 | €264,059 | €153,419 | €156,677 | €104,091 | ▼ 33.6% |
| Taxes450/3 | €13,945 | €50,006 | €5,362 | €4,764 | €657 | ▼ 86.2% |
| Remuneration and social security454/9 | €108,517 | €214,053 | €148,057 | €151,912 | €103,434 | ▼ 31.9% |
| Other amounts payable47/48 | €19,181 | €25,040 | €9,981 | €9,941 | €9,941 | = |
| Accrued charges and deferred income492/3 | €204,863 | €97,366 | €437,947 | €397,474 | €125,277 | ▼ 68.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€53,942 | €200,586 | -€73,014 | -€50,362 | €315,491 | ▲ 726% |
| + Depreciation and write-downs630 | €21,524 | €27,198 | €53,435 | €73,847 | €40,070 | ▼ 45.7% |
| Operating cash flow (approximation) | -€32,418 | €227,784 | -€19,579 | €23,486 | €355,561 | ▲ 1,414% |
| Investment in fixed assets (approximation) | - | -€170,605 | -€138,785 | -€113,921 | €114,706 | ▲ 201% |
| Change in cash | - | -€182 | €15,319 | €73,532 | €64,339 | ▼ 12.5% |
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
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €315,491
Net result €315,491 after 2 loss-making years.
31-12
Financial
Equity above €500,000Eq €558,900 ▲130%
Equity rises from €243,409 to €558,900.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
2023
31-12
Financial
Weakest financial yearnet -€73,014
Net result drops to -€73,014, the lowest in the series; recovery starts the following year.
16-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 77 days late
2022
31-12
Financial
Back to profitnet €200,586
Net result €200,586 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €366,785 ▲121%
Equity rises from €166,199 to €366,785.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
Show earlier events
2019
31-12
Financial
Equity above €200,000Eq €214,637 ▲608%
2 profitable years in a row build equity to €214,637.
04-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 65 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Gent · 1 establishment unit since 2016
Ground area
859 m²
Building footprint
707 m²
Volume, LiDAR
6,789 m³
Parcel 44021A0990/00F003, Flanders · tallest building 15.4 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Crunch Analytics
since 20162.249.994.578
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A0990/00F003 | Flanders | 859 m² | 1 · 707 m² | 15.4 m · 3 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of Crunch Analytics and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 465,994 EUR awarded · 465,552 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | 1,260 EUR | 103,101 EUR |
| 2024 | 2 | 893 EUR | 174,893 EUR |
| 2023 | 2 | 462,341 EUR | 186,500 EUR |
| 2022 | 1 | 1,500 EUR | 1,058 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
699400VSMIWSMWYR9927
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 33,761 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
62900Other information technology and computer services
62100Computer programming
63920Other information service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0647539435
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.