e-NL
ActiveSummary
e-NL has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-26k) and a net result of €-43k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-38
Growth55▼-30
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.74 against 1.14 in 2024; short-term debt: 134.6% and cash: 0.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-34.6%
Return on assets
-58%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-26k
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 04-06-2026, 57 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
57 d early
2024
28 d early
2023
49 d late
2022
414 d late
2021
15 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
€94k▲ 215%
2022 · €30k
2021: €38k
2022: €30k▼ -21.1% vs 2021lowest in 3 years
2023: €94k▲ +215% vs 2022highest in 3 years
2021 → 2023
EBIT margin
-7.7%▲ 23.3pp
2022 · -31.0%
2021: -72.0%lowest in 3 years
2022: -31.0%▲ +56.9% vs 2021
2023: -7.7%▲ +75.1% vs 2022highest in 3 years
2021 → 2023
Net result
€-43k
2024 · €60k
2021: €-28k
2022: €-9k▲ +65.7% vs 2021
2023: €-7k▲ +22.2% vs 2022
2024: €60k▲ +914% vs 2023highest in 5 years
2025: €-43k▼ -172% vs 2024lowest in 5 years
2021 → 2025
Working capital
€-26k
2024 · €17k
2021: €-26k
2022: €-35k▼ -36.9% vs 2021
2023: €-43k▼ -21.0% vs 2022lowest in 5 years
2024: €17k▲ +141% vs 2023highest in 5 years
2025: €-26k▼ -249% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€38k-€30k▼ 21.1%€94k▲ 215%
2021: €38k
2022: €30k▼ -21.1% vs 2021lowest in 3 years
2023: €94k▲ +215% vs 2022highest in 3 years
Equity€-26k-€-35k▼ 37.0%€-42k▼ 21.0%€18k€-26k
2021: €-26k
2022: €-35k▼ -37.0% vs 2021
2023: €-42k▼ -21.0% vs 2022lowest in 5 years
2024: €18k▲ +141% vs 2023highest in 5 years
2025: €-26k▼ -247% vs 2024
Operating result€-27k-€-9k▲ 66.0%€-7k▲ 21.6%€68k€-43k
2021: €-27k
2022: €-9k▲ +66.0% vs 2021
2023: €-7k▲ +21.6% vs 2022
2024: €68k▲ +1028% vs 2023highest in 5 years
2025: €-43k▼ -164% vs 2024lowest in 5 years
Net result€-28k-€-9k▲ 65.7%€-7k▲ 22.2%€60k€-43k
2021: €-28k
2022: €-9k▲ +65.7% vs 2021
2023: €-7k▲ +22.2% vs 2022
2024: €60k▲ +914% vs 2023highest in 5 years
2025: €-43k▼ -172% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €43k after €68k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€100 =
Current assets
€75k ▼ 46.3%
Key figures and ratios
Solvency
-34.6%▼
2024 · 12.6%
Current ratio
0.74▼
2024 · 1.14
Debt to equity
-3.89▼
2024 · 6.93
ROA
-58.0%▼
2024 · 43.1%
Debt
€101k▼
2024 · €122k
Debt ≤ 1 year
€101k▼
2024 · €122k
Staff costs
€85k▼
2024 · €105k
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€139k€75k▼
Fixed assets21/28€100€100=
Financial fixed assets28€100€100=
Current assets29/58€139k€75k▼
Amounts receivable within one year40/41€135k€74k▼
Trade receivables40€135k€74k▼
Other amounts receivable41-€28
Cash at bank and in hand54/58€4k€457▼
Equity and liabilities
Total equity and liabilities10/49€139k€75k▼
Equity10/15€18k€-26k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€16k€-28k▼
Amounts payable17/49€122k€101k▼
Amounts payable within one year42/48€122k€101k▼
Financial debts43€14k€14k=
Credit institutions430/8€14k€14k=
Trade debts44-€5k
Suppliers440/4-€5k
Taxes, remuneration and social security45€59k€53k▼
Taxes450/3€34k€8k▼
Remuneration and social security454/9€25k€45k▲
Other amounts payable47/48€48k€29k▼
Income statement
Code20242025
Remuneration, social security and pensions62€105k€85k▼
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€826
Gross operating margin9900€174k€44k▼
Operating profit (loss)9901€68k€-43k▼
Financial charges65/66B€48€46▼
Recurring financial charges65€48€46▼
Profit (loss) for the period before taxes9903€68k€-43k▼
Income taxes67/77€8k-
Profit (loss) for the period9904€60k€-43k▼
Profit (loss) for the period to be appropriated9905€60k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€-28k▼
Profit (loss) brought forward from the previous period14P€-44k€16k▲
The notes to these accounts (2 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 | €38k | €30k | €94k | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €3k | €2k | €2k | - | - | - |
| Remuneration, social security and pensions62 | €61k | €38k | €96k | €105k | €85k | ▼ 18.6% |
| Other operating charges640/8 | €733 | €196 | €4k | €2k | €1k | ▼ 36.9% |
| Non-recurring operating charges66A | - | - | - | - | €826 | - |
| Gross operating margin9900 | €35k | €28k | €92k | €174k | €44k | ▼ 74.9% |
| Operating profit (loss)9901 | €-27k | €-9k | €-7k | €68k | €-43k | ▼ 164% |
| Financial charges65/66B | €200 | €156 | €69 | €48 | €46 | ▼ 2.8% |
| Recurring financial charges65 | €200 | €156 | €69 | €48 | €46 | ▼ 2.8% |
| Profit (loss) for the period before taxes9903 | €-28k | €-9k | €-7k | €68k | €-43k | ▼ 164% |
| Income taxes67/77 | - | - | - | €8k | - | - |
| Profit (loss) for the period9904 | €-28k | €-9k | €-7k | €60k | €-43k | ▼ 172% |
| Profit (loss) for the period to be appropriated9905 | €-28k | €-9k | €-7k | €60k | €-43k | ▼ 172% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €30k | €31k | €88k | €139k | €75k | ▼ 46.3% |
| Fixed assets21/28 | €100 | €100 | €100 | €100 | €100 | = |
| Financial fixed assets28 | €100 | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €30k | €31k | €88k | €139k | €75k | ▼ 46.3% |
| Amounts receivable within one year40/41 | €30k | €31k | €79k | €135k | €74k | ▼ 44.9% |
| Trade receivables40 | €30k | €30k | €79k | €135k | €74k | ▼ 44.9% |
| Other amounts receivable41 | - | €671 | - | - | €28 | - |
| Cash at bank and in hand54/58 | - | - | €9k | €4k | €457 | ▼ 89.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €30k | €31k | €88k | €139k | €75k | ▼ 46.3% |
| Equity10/15 | €-26k | €-35k | €-42k | €18k | €-26k | ▼ 247% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-28k | €-37k | €-44k | €16k | €-28k | ▼ 279% |
| Amounts payable17/49 | €56k | €66k | €131k | €122k | €101k | ▼ 17.3% |
| Amounts payable within one year42/48 | €56k | €66k | €131k | €122k | €101k | ▼ 17.3% |
| Financial debts43 | €9k | €12k | €14k | €14k | €14k | = |
| Credit institutions430/8 | €9k | €12k | €14k | €14k | €14k | = |
| Other loans439 | - | €455 | - | - | - | - |
| Trade debts44 | - | €158 | €323 | - | €5k | - |
| Suppliers440/4 | - | €158 | €323 | - | €5k | - |
| Taxes, remuneration and social security45 | €40k | €5k | €60k | €59k | €53k | ▼ 10.5% |
| Taxes450/3 | €1k | - | €13k | €34k | €8k | ▼ 77.6% |
| Remuneration and social security454/9 | €39k | €5k | €47k | €25k | €45k | ▲ 80.9% |
| Other amounts payable47/48 | €6k | €48k | €56k | €48k | €29k | ▼ 40.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-28k | €-9k | €-7k | €60k | €-43k | ▼ 172% |
| Operating cash flow (approximation) | €-28k | €-9k | €-7k | €60k | €-43k | ▼ 172% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | - | €-5k | €-4k | ▲ 20.2% |
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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €60k
Net result €60k after 3 loss-making years.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
17-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 414 days late
2022
15-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Vorst · 1 establishment unit since 2020
Ground area
7,270 m²
Building footprint
467 m²
Volume, LiDAR
6,013 m³
2 parcels, Brussels · tallest building 17.7 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
e-NL
since 20202.305.275.967
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0294/00W019 | Brussels | 7,156 m² | 1 · 467 m² | 17.7 m · 4 fl. |
| 21007A0055/00H008 | Brussels | 114 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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. 12,448 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
Founded17-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.