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Dizzaim

Active
Private limited companyfounded 2016active for 10 yearsMaarschalk Joffrelaan 115, 1190 Vorst, BelgiumKBO/BCE: BE 0651.874.048

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 01-06-2026 PDF all 10 filings

Turnover
≈ €120,000
Estimated: probably between €65,000 and €230,000
EBIT margin
Not included in this filing
Net result
€13,322▼ 13.0%
2024 · €15,317
Working capital
€54,802▲ 9.0%
2024 · €50,255
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 10% lower than in 2024. It is the second fall in a row.

Operating result€18,795 2025 Net result€13,322 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€7,510-€699▼ 90.7%€7,140▲ 922%€165▼ 97.7%€5,084▲ 31×€26,081▲ 413%€20,824▼ 20.2%€18,795▼ 9.7%
Net result€3,664-€699▼ 80.9%€4,993within the sector's middle half▲ 615%-€1,749below the sector's middle half€2,239below the sector's middle half€19,214within the sector's middle half▲ 758%€15,317within the sector's middle half▼ 20.3%€13,322within the sector's middle half▼ 13.0%
Equity€31,119-€31,818▲ 2.2%€36,811within the sector's middle half▲ 15.7%€35,062within the sector's middle half▼ 4.8%€37,301within the sector's middle half▲ 6.4%€56,515within the sector's middle half▲ 51.5%€56,538within the sector's middle half=€58,096within the sector's middle half▲ 2.8%
Total assets€38,878-€38,166▼ 1.8%€51,352below the sector's middle half▲ 34.5%€48,052below the sector's middle half▼ 6.4%€53,550below the sector's middle half▲ 11.4%€72,675within the sector's middle half▲ 35.7%€80,283within the sector's middle half▲ 10.5%€82,388within the sector's middle half▲ 2.6%
Debt€7,758-€6,348▼ 18.2%€14,541▲ 129%€12,990▼ 10.7%€16,249▲ 25.1%€16,160▼ 0.6%€23,744▲ 46.9%€24,292▲ 2.3%
Working capital€23,667-€27,173▲ 14.8%€33,476within the sector's middle half▲ 23.2%€33,218within the sector's middle half▼ 0.8%€34,515within the sector's middle half▲ 3.9%€52,803within the sector's middle half▲ 53.0%€50,255within the sector's middle half▼ 4.8%€54,802within the sector's middle half▲ 9.0%
Solvency80.0%-83.4%▲ 3.3pp71.7%within the sector's middle half▼ 11.7pp73.0%within the sector's middle half▲ 1.3pp69.7%within the sector's middle half▼ 3.3pp77.8%within the sector's middle half▲ 8.1pp70.4%within the sector's middle half▼ 7.3pp70.5%within the sector's middle half▲ 0.1pp
Current ratio4.05-5.28▲ 1.233.30within the sector's middle half▼ 1.983.56within the sector's middle half▲ 0.263.12within the sector's middle half▼ 0.434.27within the sector's middle half▲ 1.143.12within the sector's middle half▼ 1.153.26within the sector's middle half▲ 0.14
Return on assets (ROA)9.4%-1.8%▼ 7.6pp9.7%within the sector's middle half▲ 7.9pp-3.6%below the sector's middle half▼ 13.4pp4.2%within the sector's middle half▲ 7.8pp26.4%within the sector's middle half▲ 22.3pp19.1%within the sector's middle half▼ 7.4pp16.2%within the sector's middle half▼ 2.9pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €82,388
Fixed assets €3,294 ▼ 47.6%
Current assets €79,094 ▲ 6.9%
Equity and liabilities €82,388
Equity €58,096 ▲ 2.8%
Debt €24,292 ▲ 2.3%
Debt's share of the balance-sheet total falls from 29.6% to 29.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€21,785▼
2024 · €22,525
Cash flow
€16,312▼
2024 · €17,019
Debt to equity
0.42▼
2024 · 0.42
ROE
22.9%▼
2024 · 27.1%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€24,292▲
2024 · €23,744
Income taxes
€5,415▼
2024 · €5,489
Staff costs
€250=
2024 · €250
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as Dizzaim: computer programming (NACE 62100). They are comparable in size and age: total assets between €71,300 and €93,500, founded between 2014 and 2016.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
Dizzaim Vorst2016€82,388€58,096€22,435-€13,3222025
APSIS Services Etterbeek2016€80,473€23,950€24,207-€17,0352025
SPELLA Ukkel2014€93,517-€434,698€24,685-€21,8002025
KAMITE CONSULTING Ecaussinnes2016€92,701€56,275€21,320-€3482025
FABULOUS ID Tubize2015€71,293€20,460€22,002-€9,1832025
VOJO Liège2014€79,762€30,153€24,805€242,038-€29,5542025
AlpacApps Roeselare2016€75,271€59,028€19,576-€6,9862025

They were chosen from the 9,111 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 34,693 companies had the same profile as Dizzaim has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% was still going

That fits the bankruptcy probability of Dizzaim itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 34,693 companies, not a prediction for Dizzaim. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines

Source: Annual accounts 2025 (PDF), filed on 01-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€80,283€82,388▲
Fixed assets21/28€6,283€3,294▼
Tangible fixed assets22/27€6,200€3,210▼
Furniture and vehicles24€6,200€3,210▼
Financial fixed assets28€84€84=
Current assets29/58€74,000€79,094▲
Amounts receivable within one year40/41€11,615€12,704▲
Trade receivables40€11,520€12,609▲
Other amounts receivable41€95€95=
Cash at bank and in hand54/58€58,027€62,544▲
Deferred charges and accrued income490/1€4,358€3,846▼
Equity and liabilities
Total equity and liabilities10/49€80,283€82,388▲
Equity10/15€56,538€58,096▲
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€48,478€50,036▲
Amounts payable17/49€23,744€24,292▲
Amounts payable within one year42/48€23,744€24,292▲
Trade debts44€3,760€3,978▲
Suppliers440/4€3,760€3,978▲
Taxes, remuneration and social security45€11,895€10,137▼
Taxes450/3€11,895€10,137▼
Other amounts payable47/48€8,089€10,177▲
Income statement Code20242025
Remuneration, social security and pensions62€250€250=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,702€2,989▲
Other operating charges640/8€590€400▼
Gross operating margin9900€23,365€22,435▼
Operating profit (loss)9901€20,824€18,795▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€17€58▲
Recurring financial charges65€17€58▲
Profit (loss) for the period before taxes9903€20,806€18,738▼
Income taxes67/77€5,489€5,415▼
Profit (loss) for the period9904€15,317€13,322▼
Profit (loss) for the period to be appropriated9905€15,317€13,322▼
Appropriation of the result
Profit (loss) to be appropriated9906€63,773€61,801▼
Profit (loss) brought forward from the previous period14P€48,455€48,478=
Profit to be distributed694/7€15,294€11,765▼
Return on contributions (dividend)694€15,294€11,765▼

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€352€0----
Remuneration, social security and pensions62----€250€250€250€250=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,684€4,007€4,585€1,492€1,256€1,828€1,702€2,989▲ 75.7%
Other operating charges640/8---€523€98€930€590€400▼ 32.2%
Gross operating margin9900€11,748€5,054€12,189€2,180€6,688€29,089€23,365€22,435▼ 4.0%
Operating profit (loss)9901€7,510€699€7,140€165€5,084€26,081€20,824€18,795▼ 9.7%
Financial income75/76B---€0€10€0€0--
Recurring financial income75--€9€0€10€0€0--
Financial charges65/66B---€66€311€68€17€58▲ 232%
Recurring financial charges65€21-€5€66€311€68€17€58▲ 232%
Profit (loss) for the period before taxes9903€6,664€699€7,144€98€4,783€26,014€20,806€18,738▼ 9.9%
Income taxes67/77€3,000-€2,151€1,848€2,543€6,800€5,489€5,415▼ 1.3%
Profit (loss) for the period9904€3,664€699€4,993-€1,749€2,239€19,214€15,317€13,322▼ 13.0%
Profit (loss) for the period to be appropriated9905€3,664€699€4,993-€1,749€2,239€19,214€15,317€13,322▼ 13.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€38,878€38,166€51,352€48,052€53,550€72,675€80,283€82,388▲ 2.6%
Fixed assets21/28€7,452€4,645€3,336€1,844€2,786€3,712€6,283€3,294▼ 47.6%
Tangible fixed assets22/27€7,368€4,561€3,252€1,760€2,703€3,628€6,200€3,210▼ 48.2%
Furniture and vehicles24---€1,760€2,703€3,628€6,200€3,210▼ 48.2%
Financial fixed assets28€84€84€84€84€84€84€84€84=
Current assets29/58€31,426€33,521€48,017€46,209€50,764€68,963€74,000€79,094▲ 6.9%
Amounts receivable within one year40/41€9,777€2,129€10,975€9,620€8,494€10,878€11,615€12,704▲ 9.4%
Trade receivables40---€9,620€8,494€10,878€11,520€12,609▲ 9.5%
Other amounts receivable41------€95€95=
Cash at bank and in hand54/58€21,394€30,783€36,486€35,429€39,809€54,441€58,027€62,544▲ 7.8%
Deferred charges and accrued income490/1---€1,160€2,461€3,644€4,358€3,846▼ 11.7%
Equity and liabilities
Total equity and liabilities10/49€38,878€38,166€51,352€48,052€53,550€72,675€80,283€82,388▲ 2.6%
Equity10/15€31,119€31,818€36,811€35,062€37,301€56,515€56,538€58,096▲ 2.8%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€1,860€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€23,059€23,758€28,751€27,002€29,241€48,455€48,478€50,036▲ 3.2%
Amounts payable17/49€7,758€6,348€14,541€12,990€16,249€16,160€23,744€24,292▲ 2.3%
Amounts payable within one year42/48€7,758€6,348€14,541€12,990€16,249€16,160€23,744€24,292▲ 2.3%
Trade debts44€70€2,360€1,267€3,398€3,147€2,921€3,760€3,978▲ 5.8%
Suppliers440/4---€3,398€3,147€2,921€3,760€3,978▲ 5.8%
Taxes, remuneration and social security45---€9,554€12,899€12,949€11,895€10,137▼ 14.8%
Taxes450/3---€6,554€9,399€12,949€11,895€10,137▼ 14.8%
Remuneration and social security454/9---€3,000€3,500€0---
Other amounts payable47/48---€38€204€290€8,089€10,177▲ 25.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€3,664€699€4,993-€1,749€2,239€19,214€15,317€13,322▼ 13.0%
+ Depreciation and write-downs630€3,684€4,007€4,585€1,492€1,256€1,828€1,702€2,989▲ 75.7%
Operating cash flow (approximation)€7,348€4,706€9,579-€257€3,495€21,043€17,019€16,312▼ 4.2%
Investment in fixed assets (approximation)--€1,201-€3,276€0-€2,199-€2,754-€4,273€0-
Change in cash-€9,389€5,703-€1,057€4,380€14,632€3,586€4,517▲ 26.0%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (10)
Financial year Type Filed Reference Document
31-12-2025 micro format 01-06-2026 2026-00141540 PDF
31-12-2024 micro format 06-06-2025 2025-00129675 PDF
31-12-2023 micro format 13-05-2024 2024-00090008 PDF
31-12-2022 micro format 22-06-2023 2023-00165113 PDF
31-12-2021 micro format 20-06-2022 2022-20146091 PDF
31-12-2020 micro format 21-06-2021 2021-22400391 PDF
31-12-2019 full format 16-09-2020 2020-53500541 PDF
31-12-2018 full format 29-08-2019 2019-56300389 PDF
31-12-2017 full format 08-08-2018 2018-44900479 PDF
31-12-2016 full format 22-06-2017 2017-20700180 PDF

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