Equity
-€25,840
Debts exceed assets in financial year 2025.
e-NL
Overview
Lifetime
5 annual accounts with figures on one time axispeak €174,120 (2024)
€43,760▼ 74.9%
lowest -€43,402 (2025)
-€43,402▼ €103,370
peak €17,562 (2024)
-€25,840▼ €43,402
€100,625▼ 17.3%
Board2 names since 2020
1 directorWalter Ledent
Documentsfilings and deeds
04-06-202657 days before the deadline
2025micro format
Gross margin from €174,120 to €43,760Loss of €43,402Equity from €17,562 to -€25,840Debts from €121,722 to €100,625Cash from €4,464 to €457
Key points
from the 2025 annual accountsResult
-€43,402 -€43,402
From profit to loss in 2025, after a profit of €59,969 in 2024.
Turnover
≈ €150,000 estimated
The micro format states no turnover.
Debts
€100,625 135% of the balance sheet
Financial debts 14%Suppliers 5%Taxes and wages 53%Other 29%
Filings
5 annual accounts 3 late
The 2022 accounts came latest: 414 days after the end of the period.
Position in the sector
-34.6%
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 21,206 companies.
Checked score
52
Fair
Financially stronger than 3% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.9%
01-2025: 2.0%▲ +0.1 percentage points vs 12-2024
02-2025: 2.0%● unchanged vs 01-2025
03-2025: 2.0%● unchanged vs 02-2025
04-2025: 2.0%● unchanged vs 03-2025highest value
05-2025: 1.9%▼ -0.1 percentage points vs 04-2025
06-2025: 2.0%▲ +0.1 percentage points vs 05-2025
07-2025: 1.0%▼ -1.0 percentage point vs 06-2025
08-2025: 0.4%▼ -0.6 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026lowest value
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 1.3%▲ +0.9 percentage points vs 06-2026
08-2026: 1.3%● unchanged vs 07-2026
09-2026: 1.3%● unchanged vs 08-2026
10-2026: 1.4%▲ +0.1 percentage points vs 09-2026
11-2026: 1.4%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Loss of €43,402 (financial year 2025)
Negative equity -€25,840
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €74,785
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 62, micro). It does better than 3% of them on solvency, 1% on liquidity, 5% on profitability and 1% 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 6,008 companies had the same profile as e-NL has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of e-NL itself is lower: 1.4% within 12 months. It rests on far more data about e-NL than the profile alone.
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 6,008 companies, not a prediction for e-NL. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.74 (1.14 in 2024), below 1. Short-term debt is 134.6% and cash 0.6% of total assets. Equity is negative.
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
Six signals.
lowers riskraises riskneutral
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 -€25,840
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 days early
2024
28 days early
2023
49 days late
2022
414 days late
2021
15 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 79 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 August (4 of the last 5 accounts filed within 72 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- LEDENT Nadine 10 sharesdeed of 22-07-2020
- LEDENT Walter Georges 70 sharesdeed of 22-07-2020
- LEDENT Samira Léa Miladé 10 sharesdeed of 22-07-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0750830082
Registered office moved from Uccle to Brussels
New registered office: Rue Pierre Decoster 77, rez de chaussée à 1190 Bruxelles · Previous registered office: Avenue Hamoir 24 Boîte E à 1180 Uccle · Resignation: Charles-Colin Ledent (director) · General meeting of 08-05-2023 · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founders: LEDENT Nadine, LEDENT Walter Georges, LEDENT Samira Léa Miladé and 1 other · Appointment: LEDENT Charles-Colin (director) · published on 22-07-2020 · Gazette deed
First establishment
Hamoirlaan 24, Uccle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| e-NL Forest | €74,785 | €43,760 | -34.6% | - |
| DEVCORE BELGIUM Molenbeek-Saint-Jean | €70,851 | €48,650 | 71.9% | - |
| SpecIT Etterbeek | €69,475 | €49,650 | 38.1% | - |
| PHARO LHC Hasselt | €77,470 | €44,066 | 65.6% | - |
| VIGOR GAMES Genk | €73,411 | €44,020 | 60.8% | - |
| Robberechts It Consulting Lebbeke | €67,814 | €43,892 | 27.6% | - |
| DELCAR Wortegem-Petegem | €67,907 | €46,115 | 9.9% | - |
These companies have the same main activity as e-NL: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €67,800 and €77,500, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 17-07-2020Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 1 other
- Establishment unit
- 2.305.275.9671180 Uccle, since 17-07-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 13-05-2026
Annual accounts 2025
- €43,760▼ 74.9%
- €43,402
- -€25,840
- €74,785▼ 46.3%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on e-NL
e-NL files the micro format. That format states no turnover. The gross margin rose from €34,765 in 2021 to €43,760 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 04-06-2026, 57 days before the deadline€43,760
▼ 74.9%
-€43,355
▼ €111,021
-
-
-34.6%
▼ 47.2 percentage points
0.74
▼ 0.40
Money flows
no detail for 2025Balance sheet
balance sheet total €74,785 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-34.6%
Lower than 95% of 21,206 companies in 2025.
0.74
Higher than 10% of 20,569 companies in 2025.
-58.0%
Lower than 95% of 20,744 companies in 2025.
e-NL
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
Staff
€42,596
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
74,785 | 139,283 | 88,461 | 30,771 | 30,100 | |
21/28 |
100 | 100 | 100 | 100 | 100 | |
28 |
100 | 100 | 100 | 100 | 100 | |
29/58 |
74,685 | 139,183 | 88,361 | 30,671 | 30,000 | |
40/41 |
74,228 | 134,720 | 78,876 | 30,671 | 30,000 | |
40 |
74,200 | 134,720 | 78,876 | 30,000 | 30,000 | |
41 |
28 | - | - | 671 | - | |
54/58 |
457 | 4,464 | 9,485 | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
74,785 | 139,283 | 88,461 | 30,771 | 30,100 | |
10/15 |
-25,840 | 17,562 | -42,407 | -35,043 | -25,579 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
14 |
-27,840 | 15,562 | -44,407 | -37,043 | -27,579 | |
17/49 |
100,625 | 121,722 | 130,868 | 65,814 | 55,679 | |
42/48 |
100,625 | 121,722 | 130,868 | 65,814 | 55,679 | |
43 |
14,271 | 14,271 | 14,271 | 12,165 | 9,339 | |
430/8 |
14,271 | 14,271 | 14,271 | 11,710 | 9,339 | |
439 |
- | - | - | 455 | - | |
44 |
4,568 | - | 323 | 158 | - | |
440/4 |
4,568 | - | 323 | 158 | - | |
45 |
52,951 | 59,135 | 60,253 | 5,468 | 40,049 | |
450/3 |
7,649 | 34,086 | 13,308 | - | 1,475 | |
454/9 |
45,302 | 25,049 | 46,945 | 5,468 | 38,574 | |
47/48 |
28,836 | 48,316 | 56,021 | 48,024 | 6,290 | |
| Income statement | ||||||
70 |
- | - | 94,407 | 30,000 | 38,000 | |
9900 |
43,760 | 174,120 | 92,475 | 28,391 | 34,765 | |
60/61 |
- | - | 1,932 | 1,609 | 3,235 | |
62 |
85,192 | 104,714 | 96,256 | 37,504 | 61,410 | |
640/8 |
1,097 | 1,740 | 3,513 | 196 | 733 | |
66A |
826 | - | - | - | - | |
9901 |
-43,355 | 67,665 | -7,294 | -9,309 | -27,379 | |
65/66B |
46 | 48 | 69 | 156 | 200 | |
65 |
46 | 48 | 69 | 156 | 200 | |
9903 |
-43,402 | 67,618 | -7,363 | -9,465 | -27,579 | |
67/77 |
- | 7,649 | - | - | - | |
9904 |
-43,402 | 59,969 | -7,363 | -9,465 | -27,579 | |
9905 |
-43,402 | 59,969 | -7,363 | -9,465 | -27,579 | |
| Appropriation of the result | ||||||
9906 |
-27,840 | 15,562 | -44,407 | -37,043 | -27,579 | |
14P |
15,562 | -44,407 | -37,043 | -27,579 | - | |
| Social balance sheet | ||||||
9087 |
2 | - | - | 1 | 1.4 | |
Hours worked1013 |
3,511 | - | - | - | 2,713 | |
| Document | ||||||
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 04-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 04-06-2026 | 2026-00141035 | |
| 31-12-2024 | micro format | 03-07-2025 | 2025-00232392 | |
| 31-12-2023 | micro format | 18-09-2024 | 2024-00464851 | |
| 31-12-2022 | micro format | 17-09-2024 | 2024-00463795 | |
| 31-12-2021 | micro format | 15-08-2022 | 2022-20291801 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| - | - | - | - | 100 | ||
| -4,007 | -5,021 | - | - | - | ||
| -25,940 | 17,462 | -42,507 | -35,143 | -25,679 | ||
| - | - | -7.7% | -31.0% | -72.0% | ||
| -34.6% | 12.6% | -47.9% | -113.9% | -85.0% | ||
| 0.74 | 1.14 | 0.68 | 0.47 | 0.54 | ||
| - | 6.93 | - | - | - | ||
| - | 341.5% | - | - | - | ||
| -58.0% | 43.1% | -8.3% | -30.8% | -91.6% | ||
| - | - | 305 days | 365 days | 288 days | ||
| - | - | 61 days | 36 days | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 4 | - | 1 |
| full-time | 2 | 2 | 4 | - | 1 |
| in full-time equivalents | 2 | 2 | 4 | - | 1 |
| 2 | - | - | - | 1.4 | |
| On a permanent contract | 2 | 2 | 4 | - | 1 |
| Joined | - | - | 3 | - | - |
| Left | - | - | 0 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Financial fixed assets | - | - | - | - | €100 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on e-NL
The operating result for 2025 is a loss of €43,355, after a profit of €67,665 in 2024. It is the lowest result since 2021.
Equity is negative. Debt (€100,625) exceeds the balance-sheet total (€74,785).
Board & ownership
Board
1 director, no change since 2023- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”deed of 22-07-2020
Mandates through the years
2 names, the dashed line is todayWalter Ledent
Director
Director
LEDENT Charles-Colin
Director (not named in the articles)
Director (not named in the articles)
BoardEarlierend not dated
Mandates as a list
- Walter Ledent
- Director, appointed by deed of 16-06-2023, still in office
- LEDENT Charles-Colin
- Director (not named in the articles), appointed by deed of 22-07-2020, until 08-05-2023
- Director (not named in the articles), appointed by deed of 22-07-2020, last mentioned in 2020
Control
This company
e-NL
Equity -€25,840
Loss €43,402 in 2025
Capital
- Contribution
- €2,000
- Shares
- 100
- Contribution per share
- €20
- Equity per share
- -€258 in 2025
- Source
- deed of 22-07-2020
Articles of association
deed of 22-07-2020 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of June
Shareholders
At incorporation
deed of 22-07-2020 ↗
- LEDENT Nadine 10 shares (10%) · €200
- LEDENT Walter Georges 70 shares (70%) · €1,400
- LEDENT Samira Léa Miladé 10 shares (10%) · €200
- LEDENT Andréa 10 shares (10%) · €200
Network & group
No group
e-NL has no parent and no holdings in its annual accounts. Walter Ledent is the only director. e-NL shares no director with another company.
At the same address
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establishment since 11-05-2015 |
founded in 2015 0629.923.443 |
| Amis Belges de l'Université de Tel - Aviv
registered office since 25-02-1993 |
founded in 1993 0450.143.742 |
| Union belge des Juifs du Maroc
registered office since 06-10-1987 |
founded in 1987 0434.394.902 |
Timeline
Timeline
11 events since 2020Board
Filings
Financial
Establishments
Address
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 57 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0750830082
2025
Weakest financial year net -€43,402 The net result drops to -€43,402, the lowest from 2021 to 2025.
Annual accounts 2024 filed PDFmicro format · 28 days before the deadline
2024
Back to profit net €59,969 The net result is €59,969, after 3 loss-making years.
Annual accounts 2023 filed PDFmicro format · 49 days late
Annual accounts 2022 filed PDFmicro format · 414 days late
2023
Registered office moved from Uccle to BrusselsNew registered office: Rue Pierre Decoster 77, rez de chaussée à 1190 Bruxelles · Previous registered office: Avenue Hamoir 24 Boîte E à 1180 Uccle · Resignation: Charles-Colin Ledent (director) · General meeting of 08-05-20234 points ▸
- General meeting, 08-05-2023
- Director resignation, Charles-Colin Ledent
- Director appointment, Walter Ledent
- Registered-office move, Rue Pierre Decoster 77, rez de chaussée à 1190 Bruxelles
2022
Annual accounts 2021 filed PDFmicro format · 15 days late
2020
IncorporationFounding capital of €2,000, 100 shares · Founders: LEDENT Nadine, LEDENT Walter Georges, LEDENT Samira Léa Miladé and 1 other · Appointment: LEDENT Charles-Colin (director) · published on 22-07-20209 points ▸
- Founder, LEDENT Nadine
- Founder, LEDENT Walter Georges
- Founder, LEDENT Samira Léa Miladé
- Founder, LEDENT Andréa
- Founding capital, €2,000, 100 shares
- 100 shares
- Registered office clause, avenue Hamoir, 24/E, 1180 Bruxelles
- Board rule, 1
- Director appointment, LEDENT Charles-Colin (director (not named in the articles))
- The deed holds 5 more points.
First establishment Hamoirlaan 24, Uccle
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
E-NL was incorporated on 17 July 2020 as a private limited company by four natural persons, with a starting capital of €2,000.12 The registered office was moved to Brussels in 2023.3 Walter Ledent is director of the company, appointed by deed of 16-06-2023.3 Turnover grew from €38,000 in 2021 to €94,407 in 2023 and headcount from 1.4 full-time equivalents in 2021 to 2 in 2025.4
Company details
Identity
- Enterprise number
- 0750.830.082
- VAT number
- BE 0750.830.082
- Peppol ID
- 0208:0750830082
- Other Peppol ID
- 9925:BE0750830082
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 17-07-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Thursday of Junedeed of 22-07-2020 (in French)
- Peppol
- Reachable since 13-05-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- e-NL in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 22-07-2020 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région de Bruxelles-Capitale”deed of 22-07-2020 (in French)
Activities
NACEBEL 2025VAT activities
62200
Computer consultancy and computer facilities management main activity
Social security (RSZ) activities
62200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
VAT activities
62020
IT consultancy main activity
70220
Business consulting
Social security (RSZ) activities
62020
IT consultancy main activity
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Pierre Decosterstraat 77 registered office 1190 Forest | ||
| Hamoirlaan 24 1180 Uccle | 17-07-2020 | 2.305.275.967 |
1 former office
- Avenue Hamoir 24 Boîte E, 1180 Uccle until the deed of 16-06-2023
Buildings and parcels at the addresses
- Ground area
- 7,270 m²
- Buildings
- 467 m²
- Volume, LiDAR
- 6,013 m³
- Tallest building
- 17.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21612C0294/00W019 | 7,156 m² | 1 · 467 m² | 17.7 m · 4 |
| 21007A0055/00H008 | 114 m² | - | - |