DIFFERENCE
ActiveSummary
The computed 12-month bankruptcy probability of DIFFERENCE is 5.3% (elevated). The 2025 annual accounts show negative equity (-€93,600) and a net result of -€21,295. Equity is shrinking by ~10.8% per year across the filed fiscal years. The company has been active since 1990 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
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Signals
This company filed its last 7 accounts on average 48 days after the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 5.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 6,639 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 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €16,000 | €9,630 | €7,250 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €2,330 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,031 | €4,726 | €4,482 | €920 | - |
| Other operating charges640/8 | - | - | €903 | €1,353 | - |
| Gross operating margin9900 | €363 | €2,329 | €4,920 | -€4,166 | - |
| Operating profit (loss)9901 | -€56,218 | -€4,473 | -€465 | -€6,439 | - |
| Financial charges65/66B | - | - | €1,691 | €320 | - |
| Recurring financial charges65 | €550 | €179 | €1,691 | €320 | - |
| Profit (loss) for the period before taxes9903 | -€56,768 | -€4,652 | -€2,156 | -€6,759 | - |
| Income taxes67/77 | - | - | - | €14,537 | - |
| Profit (loss) for the period9904 | -€56,768 | -€4,652 | -€2,156 | -€21,295 | - |
| Profit (loss) for the period to be appropriated9905 | -€56,768 | -€4,652 | -€2,156 | -€21,295 | - |
| Line | 2019 | 2020 | 2021 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €26,411 | €34,786 | €22,153 | €3,775 | - |
| Fixed assets21/28 | €22,833 | €22,333 | €17,851 | €3,744 | - |
| Tangible fixed assets22/27 | €21,929 | €21,428 | €16,946 | €2,839 | - |
| Land and buildings22 | - | - | €13,523 | €2,839 | - |
| Furniture and vehicles24 | - | - | €3,423 | - | - |
| Financial fixed assets28 | €905 | €905 | €905 | €905 | - |
| Current assets29/58 | €3,578 | €12,453 | €4,302 | €32 | - |
| Amounts receivable within one year40/41 | €3,413 | €12,439 | €4,088 | - | - |
| Trade receivables40 | - | - | €4,088 | - | - |
| Cash at bank and in hand54/58 | €164 | €14 | €214 | €32 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €26,411 | €34,786 | €22,153 | €3,775 | - |
| Equity10/15 | -€49,734 | -€54,387 | -€56,543 | -€93,600 | - |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | - |
| Capital10 | - | - | €61,500 | €61,500 | - |
| Issued capital100 | - | - | €61,500 | €61,500 | - |
| Reserves13 | €4,361 | €4,361 | €4,361 | €4,361 | - |
| Non-distributable reserves130/1 | - | - | €4,361 | €4,361 | - |
| Legal reserve130 | - | - | €4,361 | €4,361 | - |
| Profit (loss) carried forward14 | -€115,596 | -€120,248 | -€122,404 | -€159,462 | - |
| Amounts payable17/49 | €76,145 | €89,173 | €78,696 | €97,376 | - |
| Amounts payable after more than one year17 | €29,000 | €32,400 | €32,400 | - | - |
| Financial debts170/4 | - | - | €32,400 | - | - |
| Amounts payable within one year42/48 | €47,145 | €56,773 | €46,296 | €97,376 | - |
| Financial debts43 | - | - | €248 | - | - |
| Credit institutions430/8 | - | - | €248 | - | - |
| Trade debts44 | €273 | €8,176 | €3,960 | €4,469 | - |
| Suppliers440/4 | - | - | €3,960 | €4,469 | - |
| Taxes, remuneration and social security45 | - | - | €1,327 | €17,080 | - |
| Taxes450/3 | - | - | €1,327 | €17,080 | - |
| Other amounts payable47/48 | - | - | €40,761 | €75,826 | - |
| Line | 2019 | 2020 | 2021 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€56,768 | -€4,652 | -€2,156 | -€21,295 | - |
| + Depreciation and write-downs630 | €5,031 | €4,726 | €4,482 | €920 | - |
| Operating cash flow (approximation) | -€51,737 | €74 | €2,326 | -€20,376 | - |
| Investment in fixed assets (approximation) | - | -€4,226 | €0 | - | - |
| Change in cash | - | -€150 | €200 | - | - |
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
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61011A0056/00Y000 | Wallonia | 1,023 m² | 1 · 260 m² | 6.5 m · 1 fl. |
| 62003A0043/00G027 | Wallonia | 208 m² | 1 · 81 m² | 7.0 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.