Equity
Equity fell by 98% in 2 years.
Equity fell by 98% in 2 years.
The micro format states no turnover.
Short-term debts rose from €22,536 to €85,696.
The 2022 accounts came latest: 23 days after the end of the period.
Lower solvency than 89% of companies in computer programming and consultancy. Sector median 60.0% · 22,039 companies.
In July 2024, 2,153 companies had the same profile as D++ has now. Each dot stands for 6 companies, two years later.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,153 companies, not a prediction for D++. 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.
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.
| Company | ||||
|---|---|---|---|---|
| D++ Oud-Heverlee | €89,039 | €95,827 | 3.8% | - |
| WHERE Geo Technologies Wezembeek-Oppem | €84,787 | €94,407 | 74.5% | - |
| Flavo Oud-Turnhout | €92,452 | €91,334 | 14.9% | - |
| NaLih Antwerp | €85,715 | €100,897 | 85.6% | - |
| MANA TEAM Ath | €91,068 | €100,236 | 2.2% | - |
| DataWired Antwerp | €81,616 | €93,179 | 3.7% | - |
| ZANASOFT Etterbeek | €84,764 | €102,152 | 79.5% | - |
These companies have the same main activity as D++: computer programming (NACE 62100). They are comparable in size and age: total assets between €81,600 and €92,500, founded between 2019 and 2020.
D++ files the micro format. That format states no turnover. The gross margin rose from €35,840 in 2020 to €95,827 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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 ≈ €220,000. Estimated: probably between €190,000 and €290,000.
Higher than 11% of 22,039 companies in 2025.
Higher than 11% of 21,339 companies in 2025.
Higher than 95% of 21,530 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
89,039 | 122,935 | 194,052 | 140,025 | 109,741 | 53,421 | |
21/28 |
22,865 | 30,760 | 38,655 | 10,857 | - | - | |
22/27 |
22,865 | 30,760 | 38,655 | 10,857 | - | - | |
24 |
15,480 | 22,218 | 28,956 | - | - | - | |
26 |
7,385 | 8,542 | 9,700 | 10,857 | - | - | |
29/58 |
66,174 | 92,175 | 155,397 | 129,168 | 109,741 | 53,421 | |
40/41 |
29,980 | 50,796 | 45,125 | 34,369 | 10,469 | 12,224 | |
40 |
27,950 | 50,753 | 45,110 | 34,369 | 10,455 | 12,210 | |
41 |
2,030 | 43 | 15 | 0 | 14 | 14 | |
54/58 |
35,457 | 40,089 | 110,178 | 94,138 | 99,134 | 41,062 | |
490/1 |
736 | 1,290 | 93 | 661 | 137 | 135 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
89,039 | 122,935 | 194,052 | 140,025 | 109,741 | 53,421 | |
10/15 |
3,343 | 100,399 | 167,165 | 112,967 | 71,571 | 31,259 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
13 |
0 | 97,250 | 164,000 | 109,000 | 68,000 | 28,000 | |
133 |
0 | 97,250 | 164,000 | 109,000 | 68,000 | 28,000 | |
14 |
343 | 149 | 165 | 967 | 571 | 259 | |
17/49 |
85,696 | 22,536 | 26,887 | 27,058 | 38,170 | 22,161 | |
42/48 |
85,696 | 22,536 | 13,564 | 15,788 | 27,400 | 14,859 | |
44 |
725 | 1,584 | 1,596 | 3,741 | 415 | 509 | |
440/4 |
725 | 1,584 | 1,596 | 3,741 | 415 | 509 | |
45 |
11,501 | 14,655 | 9,632 | 8,509 | 24,459 | 12,653 | |
450/3 |
8,701 | 14,655 | 9,632 | 8,509 | 24,459 | 12,653 | |
454/9 |
2,800 | - | - | - | - | - | |
47/48 |
73,469 | 6,297 | 2,337 | 3,537 | 2,527 | 1,698 | |
492/3 |
- | 0 | 13,323 | 11,270 | 10,770 | 7,302 | |
| Income statement | |||||||
9900 |
95,827 | 88,846 | 74,628 | 54,424 | 51,772 | 35,840 | |
630 |
7,895 | 7,895 | 4,629 | 717 | - | - | |
640/8 |
694 | 832 | 865 | 643 | 150 | - | |
9901 |
87,239 | 80,119 | 69,133 | 53,065 | 51,622 | 35,840 | |
75/76B |
0 | 21 | - | - | - | - | |
75 |
0 | 21 | - | - | - | - | |
65/66B |
75 | 77 | 74 | 69 | 64 | 34 | |
65 |
75 | 77 | 74 | 69 | 64 | 34 | |
9903 |
87,164 | 80,063 | 69,059 | 52,996 | 51,558 | 35,806 | |
67/77 |
17,970 | 16,828 | 14,862 | 11,600 | 11,247 | 7,547 | |
9904 |
69,194 | 63,234 | 54,197 | 41,396 | 40,311 | 28,259 | |
9905 |
69,194 | 63,234 | 54,197 | 41,396 | 40,311 | 28,259 | |
| Appropriation of the result | |||||||
9906 |
69,343 | 63,399 | 55,165 | 41,967 | 40,571 | 28,259 | |
14P |
149 | 165 | 967 | 571 | 259 | - | |
791/2 |
97,250 | 130,000 | - | - | - | - | |
691/2 |
0 | 63,250 | 55,000 | 41,000 | 40,000 | 28,000 | |
6921 |
0 | 63,250 | 55,000 | 41,000 | 40,000 | 28,000 | |
694/7 |
166,250 | 130,000 | - | - | - | - | |
694 |
166,250 | 130,000 | - | - | - | - | |
| Document | |||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 03-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-03-2026 | 2026-00048105 | |
| 31-12-2024 | micro format | 18-08-2025 | 2025-00384359 | |
| 31-12-2023 | micro format | 12-08-2024 | 2024-00343451 | |
| 31-12-2022 | micro format | 23-08-2023 | 2023-00350806 | |
| 31-12-2021 | micro format | 20-06-2022 | 2022-20128500 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-45600325 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 95,134 | 88,014 | 73,762 | 53,782 | - | - | ||
| 77,089 | 71,129 | 58,826 | 42,113 | - | - | ||
| 0 | 0 | 32,427 | 11,574 | - | - | ||
| -4,632 | -70,090 | 16,040 | -4,996 | 58,072 | - | ||
| -19,522 | 69,639 | 141,833 | 113,380 | 82,340 | 38,561 | ||
| 3.8% | 81.7% | 86.1% | 80.7% | 65.2% | 58.5% | ||
| 0.77 | 4.09 | 11.46 | 8.18 | 4.01 | 3.60 | ||
| 25.64 | 0.22 | 0.16 | 0.24 | 0.53 | 0.71 | ||
| - | 63.0% | 32.4% | 36.6% | 56.3% | 90.4% | ||
| 77.7% | 51.4% | 27.9% | 29.6% | 36.7% | 52.9% | ||
| over 100 | over 100 | over 100 | over 100 | - | - |
A ratio outside any meaningful range has been withheld (balance sheet total €89,039, equity €3,343).
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €32,427 | €11,574 | - |
| €7,895 | €7,895 | €4,629 | €717 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 9% higher than in 2024 and the highest since 2020. It is the fifth rise in a row.
Debt's share of the balance-sheet total rises from 18.3% to 96.2%. Equity is lower and debt is higher.
D++ has no parent and no holdings in its annual accounts. is the only director. D++ shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 16 April 2020, D++ was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 Since 2026 the company has been called D++.3 In 2026 the registered office moved to Oud-Heverlee.3 is director of the company, appointed by deed of 20-04-2020.2 Total assets went from €53,421 in 2020 to €89,039 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| Speelbergstraat 17 registered office 3051 Oud-Heverlee | 16-04-2020 | 2.301.354.890 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24100B0361/00N002 | 180 m² | 1 · 180 m² | 7.7 m · 2 |
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