Equity
€412,027 ▲ 5.6%
DIFFERENT has made a profit without a break since 2012.
DIFFERENT
Lifetime
19 annual accounts with figures on one time axis, 27 filings since 1998peak €153,321 (2014)
€15,791▼ 74.3%
lowest -€23,709 (2011)
€21,691▼ 43.1%
peak €440,216 (2022)
€412,027▲ 5.6%
€6,911▲ 371%
peak 0.4 FTE (2007)
-not published
Board2 names since 2021
1 directorSwinnen Luc
Documentsfilings and deeds
20-07-202620 days late
2025micro format
Gross margin from €61,349 to €15,791Result from €38,120 to €21,691Debts from €1,466 to €6,911
Key points
from the 2025 annual accountsFilings
27 annual accounts since 1998
Three of the last ten came late. The 2023 accounts came latest: 52 days after the end of the period.
Position in the sector
98.4%
Higher solvency than 95% of companies in research and development. Sector median 60.4% · 620 companies.
Checked score
95
Excellent
Financially stronger than 64% of micro companies in research and development (NACE 72)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 932 companies (NACE 72, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: 0.1%▲ +0.1 percentage points vs 06-2026
08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 20 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 69.03, cash €101,983
Equity €412,027 (98.4% of total assets)
Founded in 1997
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 72, micro). It does better than 83% of them on solvency, 68% on liquidity, 50% on profitability and 55% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-11-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as DIFFERENT has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of DIFFERENT itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 31,368 companies, not a prediction for DIFFERENT. 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.
Credit verdict
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 69.03, above the usual 1.5. Short-term debt is 1.3% and cash 24.3% of total assets. 1.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 20-07-2026, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
20 days late
2024
on the day
2023
52 days late
2022
on the day
2021
13 days late
2020
1 day early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 72), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. The company usually files around 13 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today30-11-2026 year end30-06-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0461390891
Resignation: SWINNEN Lucien (manager)
Reappointment: SWINNEN Lucien (director) · General meeting of 08-12-2023 · Gazette deed
Incorporation
published on 12-09-1997 · Gazette deed
First establishment
Heihoek 9, Kaprijke
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DIFFERENT Kaprijke | €418,938 | €15,791 | 98.4% | - |
| BETA - CELL Diepenbeek | €330,384 | €17,043 | -1838.2% | 0.1 |
| EJML Group Sint-Laureins | €384,627 | €45,021 | 85.1% | - |
| SCICON Enghien | €370,923 | €23,665 | 53.4% | - |
| Leo VERMEULEN CONSULTING Herenthout | €400,523 | €10,186 | 19.3% | - |
| ADRIAENS CONSULTING Aalter | €288,341 | €24,017 | 80.2% | - |
| PHARMAPLEX Wezembeek-Oppem | €482,967 | €37,375 | 42.3% | - |
These companies have the same main activity as DIFFERENT: other research and development on natural sciences (NACE 72109). They are comparable in size and age: total assets between €288,000 and €483,000, founded between 1998 and 2007.
Official details
Source: KBO- Status
- Active since 03-09-1997Normal situation
- Activity
- Other research and development on natural sciencesNACE 72109and 1 other
- Establishment unit
- 2.231.587.0479971 Kaprijke, since 13-08-1997
- Financial year end
- 30 November
- Peppol
- Reachable since 29-12-2025
Annual accounts to 30-11-2025
- ≈ €120,000estimated
- €418,938▲ 6.9%
- Filing
- Filed on 20-07-2026
Insights on DIFFERENT
DIFFERENT files the micro format. That format states no turnover. The gross margin fell from €87,003 in 2007 to €15,791 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DIFFERENT
- What is the company number of DIFFERENT?
- The company number of DIFFERENT is 0461.390.891. The VAT number is the same number with BE in front: BE 0461.390.891.
- Where is DIFFERENT based?
- The registered office is at Heihoek 9, 9971 Kaprijke.Company details
- What does DIFFERENT do?
- According to the KBO register, the main activity is other research and development on natural sciences (NACE 72109).
- What is the legal form of DIFFERENT?
- DIFFERENT is a private limited company (BV).
- When was DIFFERENT founded?
- DIFFERENT was founded on 03-09-1997.
- Is DIFFERENT still active?
- Yes, DIFFERENT is an active enterprise in the KBO register.
- What is the turnover of DIFFERENT?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €15,791 and 6,299 comparable companies of the same size. It probably lies between €55,000 and €290,000. It is a rough estimate.Financials
- Is DIFFERENT profitable?
- In financial year 2025, DIFFERENT made a profit of €21,691.
- Where can I find the annual accounts of DIFFERENT?
- DIFFERENT filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DIFFERENT due?
- DIFFERENT must file the annual accounts for financial year 2026 by 30-06-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.