Docshifter
ActiveDocshifter has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.39M and a net result of €569k. Equity is growing by ~78.5% per year across the filed fiscal years. Its solvency ranks better than 58% of 1413 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+3
Solvency72▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 13.88 against 52.48 in 2024; short-term debt: 6.3% and cash: 73.2% of total assets), but 52.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 62
lower
← 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
47.4%
Return on assets
19.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
14 d early
2024
13 d early
2023
109 d early
2022
110 d early
2021
157 d early
2020
5 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€569k▲ 50.9%
2024 · €377k
2019: €-40k
2020: €-241k
2021: €165k
2022: €169k
2023: €122k
2024: €209k
2024: €377k
2019 → 2025
Working capital
€2.38M▲ 24.7%
2024 · €1.91M
2019: €28k
2020: €-170k
2021: €186k
2022: €447k
2023: €480k
2024: €744k
2024: €1.91M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420242025Trend
Equity€125k-€239k▲ 91.4%€448k▲ 87.2%€825k▲ 84.2%€1.39M▲ 69.0%
Operating result€168k-€164k▼ 2.8%€278k▲ 70.0%€499k▲ 79.2%€774k▲ 55.1%
Net result€169k-€122k▼ 27.7%€209k▲ 70.7%€377k▲ 80.8%€569k▲ 50.9%
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.94M
Fixed assets
€372k▲ 23.1%
Current assets
€2.57M▲ 31.9%
Equity and liabilities €2.94M
Equity
€1.39M▲ 69.0%
Debt
€1.55M▲ 8.5%
The debt ratio falls from 63.3% to 52.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€888k▲
2024 · €577k
Cash flow
€684k▲
2024 · €455k
Solvency
47.4%▲
2024 · 36.7%
Current ratio
13.88▼
2024 · 52.48
Quick ratio
13.88▼
2024 · 52.48
Debt / equity
1.11▼
2024 · 1.73
ROE
40.8%▼
2024 · 45.7%
ROA
19.4%▲
2024 · 16.8%
Interest coverage
22.65▼
2024 · 34.48
Debt
€1.55M▲
2024 · €1.43M
Debt ≤ 1 year
€185k▲
2024 · €37k
Income taxes
€187k▲
2024 · €125k
Staff costs
€271k▲
2024 · €167k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.25M€2.94M▲
Fixed assets21/28€302k€372k▲
Intangible fixed assets21€292k€340k▲
Tangible fixed assets22/27€10k€32k▲
Plant, machinery and equipment23€10k€5k▼
Furniture and vehicles24-€27k
Financial fixed assets28€25€150▲
Current assets29/58€1.95M€2.57M▲
Amounts receivable within one year40/41€739k€339k▼
Trade receivables40€486k€329k▼
Other amounts receivable41€253k€10k▼
Current investments50/53€450k€0▼
Cash at bank and in hand54/58€693k€2.15M▲
Deferred charges and accrued income490/1€66k€78k▲
Equity and liabilities
Total equity and liabilities10/49€2.25M€2.94M▲
Equity10/15€825k€1.39M▲
Contributions10/11€94k€94k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Outside capital11€32k€32k=
Share premium1100/10€32k€32k=
Reserves13€731k€1.30M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€725k€1.29M▲
Amounts payable17/49€1.43M€1.55M▲
Amounts payable within one year42/48€37k€185k▲
Trade debts44€11k€131k▲
Suppliers440/4€11k€131k▲
Taxes, remuneration and social security45€26k€54k▲
Taxes450/3€214€18k▲
Remuneration and social security454/9€26k€36k▲
Accrued charges and deferred income492/3€1.39M€1.36M▼
Income statement
Code20242025
Remuneration, social security and pensions62€167k€271k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78k€115k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€745k€1.16M▲
Operating profit (loss)9901€499k€774k▲
Financial income75/76B€20k€21k▲
Recurring financial income75€20k€21k▲
Financial charges65/66B€17k€39k▲
Recurring financial charges65€17k€39k▲
Profit (loss) for the period before taxes9903€502k€755k▲
Income taxes67/77€125k€187k▲
Profit (loss) for the period9904€377k€569k▲
Profit (loss) for the period to be appropriated9905€377k€569k▲
Appropriation of the result
Profit (loss) to be appropriated9906€377k€569k▲
Transfer to equity691/2€377k€569k▲
To other reserves6921€377k€569k▲
Social balance
Average headcount (FTE)90873.03.5▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
24-03
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment · Permanent representative4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment · Permanent representative4 facts ▸
- General meeting, 06/11/2025
- Auditor appointment, Moore Audit BV (commissaris)
- Permanent representative, Aurelie Tack
- Power of attorney, PKF BOFIDI Accountants & Advisers BV
2025
31-12
Financial
Highest result since 2019net €569k ▲50.9%
Operating result €774k, net result €569k, both a record.
31-12
Financial
Equity above €1MEq €1.39M ▲69%
6 profitable years in a row build equity to €1.39M.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 52.48
Current ratio from 12.78 to 52.48; short-term debt falls from €63k to €37k.
31-12
Financial
Equity above €500kEq €825k ▲84.2%
5 profitable years in a row build equity to €825k.
18-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Liquidity doublescurrent ratio 12.78
Current ratio from 5.82 to 12.78; short-term debt falls from €99k to €63k.
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €200kEq €239k ▲91.4%
3 profitable years in a row build equity to €239k.
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity quadruplescurrent ratio 5.17
Current ratio from 1.40 to 5.17; short-term debt falls from €464k to €107k.
31-03
Financial
Equity above €100kEq €125k
2 profitable years in a row build equity to €125k.
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €165k
Net result €165k after 2 loss-making years.
31-03
Financial
Liquidity doublescurrent ratio 1.40
Current ratio from 0.62 to 1.40.
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
31-03
Financial
Weakest financial yearnet €-241k
Net result drops to €-241k, the lowest in the series; recovery starts the following year.
2019
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
14-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
28-12-2023
Geert Van Peteghem: Resigned as Managing director
28-12-2023
INVENTIVE IT: Resigned as Managing director
23-03-2018
INVENTIVE IT: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Eedverbondkaai 2429000 GentGround area
1,794 m²
Building footprint
901 m²
Volume, LiDAR
8,077 m³
Parcel 44809I0826/00R000, Flanders · tallest building 20.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Docshifter
since 20142.226.767.533
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0826/00R000 | Flanders | 1,794 m² | 1 · 901 m² | 20.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| BV MOORE AUDITCurrent Statutory auditor · represented by Aurelie Tack | 24-03-2026 → present |
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Avision+
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APPTWEAK
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DEXTERIS
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Braine-le-Comte · Eq €1.39M
Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 6,684 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-02-2014
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.