DARING.SYSTEMS
ActiveSummary
DARING.SYSTEMS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168k and a net result of €44k. Equity is growing by ~33.8% per year across the filed fiscal years. Its solvency ranks better than 79% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability96▲+5
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 6.51 against 5.08 in 2024; short-term debt: 14.8% and cash: 84.8% of total assets), and 16.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 →
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
83.5%
Return on assets
22%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
31 d late
2024
5 d late
2023
18 d early
2022
42 d early
2021
5 d early
2020
4 d early
2019
104 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€222k▲ 113%
2022 · €104k
2018: €77klowest in 6 years
2019: €106k▲ +37.8% vs 2018
2020: €89k▼ -16.2% vs 2019
2021: €121k▲ +36.6% vs 2020
2022: €104k▼ -14.0% vs 2021
2023: €222k▲ +113% vs 2022highest in 6 years
2018 → 2023
EBIT margin
50.6%▲ 31.3pp
2022 · 19.4%
2018: 19.8%
2019: 11.7%▼ -41.1% vs 2018
2020: 15.5%▲ +32.6% vs 2019
2021: 1.5%▼ -90.4% vs 2020lowest in 6 years
2022: 19.4%▲ +1205% vs 2021
2023: 50.6%▲ +162% vs 2022highest in 6 years
2018 → 2023
Net result
€44k▲ 53.5%
2024 · €29k
2018: €15k
2019: €12k▼ -21.0% vs 2018
2020: €13k▲ +10.8% vs 2019
2021: €1k▼ -90.8% vs 2020lowest in 8 years
2022: €14k▲ +1048% vs 2021
2023: €80k▲ +476% vs 2022highest in 8 years
2024: €29k▼ -64.0% vs 2023
2025: €44k▲ +53.5% vs 2024
2018 → 2025
Working capital
€163k▲ 33.4%
2024 · €122k
2018: €-18klowest in 8 years
2019: €-11k▲ +41.4% vs 2018
2020: €-2k▲ +78.7% vs 2019
2021: €21k▲ +1008% vs 2020
2022: €35k▲ +69.4% vs 2021
2023: €93k▲ +164% vs 2022
2024: €122k▲ +31.8% vs 2023
2025: €163k▲ +33.4% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€121k-€104k▼ 14.0%€222k▲ 113%
2021: €121k
2022: €104k▼ -14.0% vs 2021lowest in 3 years
2023: €222k▲ +113% vs 2022highest in 3 years
Equity€30k-€43k▲ 46.7%€95k▲ 118%€123k▲ 30.3%€168k▲ 35.7%
2021: €30klowest in 5 years
2022: €43k▲ +46.7% vs 2021
2023: €95k▲ +118% vs 2022
2024: €123k▲ +30.3% vs 2023
2025: €168k▲ +35.7% vs 2024highest in 5 years
Operating result€2k-€20k▲ 1,023%€112k▲ 457%€42k▼ 62.5%€64k▲ 52.7%
2021: €2klowest in 5 years
2022: €20k▲ +1023% vs 2021
2023: €112k▲ +457% vs 2022highest in 5 years
2024: €42k▼ -62.5% vs 2023
2025: €64k▲ +52.7% vs 2024
Net result€1k-€14k▲ 1,048%€80k▲ 476%€29k▼ 64.0%€44k▲ 53.5%
2021: €1klowest in 5 years
2022: €14k▲ +1048% vs 2021
2023: €80k▲ +476% vs 2022highest in 5 years
2024: €29k▼ -64.0% vs 2023
2025: €44k▲ +53.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 53% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201k
Fixed assets
€8k ▲ 10.1%
Current assets
€193k ▲ 26.6%
Equity and liabilities €201k
Equity
€168k ▲ 35.7%
Debt
€33k ▼ 8.0%
Debt's share of the balance-sheet total falls from 22.5% to 16.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€68k▲
2024 · €45k
Cash flow
€48k▲
2024 · €32k
Current ratio
6.51▲
2024 · 5.08
Debt to equity
0.20▼
2024 · 0.29
ROE
26.3%▲
2024 · 23.2%
ROA
22.0%▲
2024 · 18.0%
Interest coverage
39.00▼
2024 · 75.78
Debt ≤ 1 year
€30k▼
2024 · €30k
Debt > 1 year
€3k▼
2024 · €6k
Income taxes
€19k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€159k€201k▲
Fixed assets21/28€7k€8k▲
Tangible fixed assets22/27€7k€8k▲
Furniture and vehicles24-€4k
Leasing and similar rights25€7k€4k▼
Current assets29/58€152k€193k▲
Amounts receivable within one year40/41€488€21k▲
Trade receivables40€488€18k▲
Other amounts receivable41-€3k
Cash at bank and in hand54/58€151k€170k▲
Deferred charges and accrued income490/1€178€1k▲
Equity and liabilities
Total equity and liabilities10/49€159k€201k▲
Equity10/15€123k€168k▲
Contributions10/11€1k€1k=
Reserves13€122k€166k▲
Distributable reserves133€122k€166k▲
Profit (loss) carried forward14€315€315=
Amounts payable17/49€36k€33k▼
Amounts payable after more than one year17€6k€3k▼
Financial debts170/4€6k€3k▼
Amounts payable within one year42/48€30k€30k▼
Current portion of amounts payable after more than one year42€3k€3k=
Trade debts44€8k€3k▼
Suppliers440/4€8k€3k▼
Advances received on contracts in progress46€560-
Taxes, remuneration and social security45€19k€24k▲
Taxes450/3€17k€24k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€596-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€829€1k▲
Gross operating margin9900€46k€69k▲
Operating profit (loss)9901€42k€64k▲
Financial income75/76B-€309
Recurring financial income75-€309
Financial charges65/66B€598€2k▲
Recurring financial charges65€598€2k▲
Profit (loss) for the period before taxes9903€41k€63k▲
Income taxes67/77€13k€19k▲
Profit (loss) for the period9904€29k€44k▲
Profit (loss) for the period to be appropriated9905€29k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€44k▲
Profit (loss) brought forward from the previous period14P€315€315=
Transfer to equity691/2€29k€44k▲
To other reserves6921€29k€44k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €121k | €104k | €222k | - | - | - |
| Non-recurring operating income76A | €3k | - | €1k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €117k | €75k | €103k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €8k | €7k | €3k | €4k | ▲ 14.5% |
| Other operating charges640/8 | €495 | €803 | €968 | €829 | €1k | ▲ 43.1% |
| Gross operating margin9900 | €7k | €29k | €120k | €46k | €69k | ▲ 49.9% |
| Operating profit (loss)9901 | €2k | €20k | €112k | €42k | €64k | ▲ 52.7% |
| Financial income75/76B | €183 | - | €1 | - | €309 | - |
| Recurring financial income75 | €183 | - | €1 | - | €309 | - |
| Financial charges65/66B | €280 | €381 | €343 | €598 | €2k | ▲ 191% |
| Recurring financial charges65 | €280 | €381 | €343 | €598 | €2k | ▲ 191% |
| Profit (loss) for the period before taxes9903 | €2k | €20k | €112k | €41k | €63k | ▲ 51.5% |
| Income taxes67/77 | €493 | €6k | €32k | €13k | €19k | ▲ 47.0% |
| Profit (loss) for the period9904 | €1k | €14k | €80k | €29k | €44k | ▲ 53.5% |
| Profit (loss) for the period to be appropriated9905 | €1k | €14k | €80k | €29k | €44k | ▲ 53.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €114k | €84k | €140k | €159k | €201k | ▲ 25.8% |
| Fixed assets21/28 | €10k | €19k | €11k | €7k | €8k | ▲ 10.1% |
| Tangible fixed assets22/27 | €10k | €19k | €11k | €7k | €8k | ▲ 10.1% |
| Furniture and vehicles24 | €10k | €6k | €321 | - | €4k | - |
| Leasing and similar rights25 | - | €13k | €10k | €7k | €4k | ▼ 40.4% |
| Current assets29/58 | €105k | €64k | €129k | €152k | €193k | ▲ 26.6% |
| Amounts receivable within one year40/41 | €9k | €9k | €6k | €488 | €21k | ▲ 4,261% |
| Trade receivables40 | €9k | €9k | €6k | €488 | €18k | ▲ 3,629% |
| Other amounts receivable41 | - | - | - | - | €3k | - |
| Cash at bank and in hand54/58 | €96k | €55k | €123k | €151k | €170k | ▲ 12.3% |
| Deferred charges and accrued income490/1 | €174 | €194 | €238 | €178 | €1k | ▲ 528% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €114k | €84k | €140k | €159k | €201k | ▲ 25.8% |
| Equity10/15 | €30k | €43k | €95k | €123k | €168k | ▲ 35.7% |
| Contributions10/11 | €27k | €27k | €1k | €1k | €1k | = |
| Outside capital11 | €27k | - | - | - | - | - |
| Other1109/19 | €27k | - | - | - | - | - |
| Reserves13 | - | €14k | €93k | €122k | €166k | ▲ 36.0% |
| Distributable reserves133 | - | €14k | €93k | €122k | €166k | ▲ 36.0% |
| Profit (loss) carried forward14 | €3k | €3k | €315 | €315 | €315 | = |
| Amounts payable17/49 | €85k | €40k | €45k | €36k | €33k | ▼ 8.0% |
| Amounts payable after more than one year17 | €821 | €11k | €8k | €6k | €3k | ▼ 42.1% |
| Financial debts170/4 | €821 | €11k | €8k | €6k | €3k | ▼ 42.1% |
| Amounts payable within one year42/48 | €84k | €29k | €36k | €30k | €30k | ▼ 1.2% |
| Current portion of amounts payable after more than one year42 | €3k | €3k | €3k | €3k | €3k | = |
| Trade debts44 | €51k | €6k | €704 | €8k | €3k | ▼ 62.8% |
| Suppliers440/4 | €51k | €6k | €704 | €8k | €3k | ▼ 62.8% |
| Advances received on contracts in progress46 | - | - | - | €560 | - | - |
| Taxes, remuneration and social security45 | €29k | €19k | €32k | €19k | €24k | ▲ 30.2% |
| Taxes450/3 | €20k | €19k | €29k | €17k | €24k | ▲ 44.3% |
| Remuneration and social security454/9 | €9k | - | €3k | €2k | - | - |
| Other amounts payable47/48 | €703 | €892 | €810 | €596 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €14k | €80k | €29k | €44k | ▲ 53.5% |
| + Depreciation and write-downs630 | €5k | €8k | €7k | €3k | €4k | ▲ 14.5% |
| Operating cash flow (approximation) | €6k | €22k | €87k | €32k | €48k | ▲ 49.5% |
| Investment in fixed assets (approximation) | - | €-18k | €2k | €0 | €-4k | - |
| Change in cash | - | €-40k | €68k | €28k | €19k | ▼ 34.1% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Equity above €150kEq €168k ▲35.7%
8 profitable years in a row build equity to €168k.
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Equity above €100kEq €123k ▲30.3%
7 profitable years in a row build equity to €123k.
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €80k ▲476%
Operating result €112k, net result €80k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €1k ▼90.8%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 52 days late
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, Ukkel · 1 establishment unit since 2016
Ground area
198 m²
Building footprint
66 m²
Volume, LiDAR
551 m³
Parcel 21616G0414/00C000, Brussels · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
DARING.SYSTEMS
since 20162.265.657.110
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616G0414/00C000 | Brussels | 198 m² | 1 · 65 m² | 12.7 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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,216 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
Founded01-08-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
85592Vocational training
Scores and ratios are computed by Checked and are not a credit decision.