Public limited company · founded 1991 · 35 yrs activeDiestsevest 32, 3000 Leuven, BelgiumKBO/BCE: BE 0444.501.015
Summary
EASICS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.0m and a net result of €344,432. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 1453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability71▼-29
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,300,000 at 30 days acceptable
short-term debt: 0.7% and cash: 1% of total assets, and 0.7% of the assets are financed with debt.
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
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.
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 1 July 1991, EASICS was incorporated.1In 2013 the registered office moved to Leuven.2A capital increase in 2014 brought the capital to EUR 1.6 million.3Of the 5 current board members, Dagem Consulting has served longest, since 2021.4Total assets went from EUR 4.2 million in 2018 to EUR 17 million in 2025 and headcount from 14.4 full-time equivalents in 2018 to 25 in 2024.5
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
Net result€222,224above the sector's middle half▼ 14.5%€254,751above the sector's middle half▲ 14.6%€55,462within the sector's middle half▼ 78.2%€13.6mabove the sector's middle half▲ 24,409%€344,432above the sector's middle half▼ 97.5%
Equity€2.8mabove the sector's middle half▲ 8.7%€3.0mabove the sector's middle half▲ 9.2%€3.1mabove the sector's middle half▲ 1.8%€16.7mabove the sector's middle half▲ 442%€17.0mabove the sector's middle half▲ 2.1%
Total assets€3.3mabove the sector's middle half▼ 13.2%€3.8mabove the sector's middle half▲ 13.9%€4.0mabove the sector's middle half▲ 4.3%€16.9mabove the sector's middle half▲ 326%€17.1mabove the sector's middle half▲ 1.2%
Working capital€2.6mabove the sector's middle half▲ 1.5%€2.9mabove the sector's middle half▲ 9.8%€3.1mabove the sector's middle half▲ 6.9%€16.7mabove the sector's middle half▲ 436%€17.0mabove the sector's middle half▲ 2.1%
Solvency82.6%above the sector's middle half▲ 16.7pp79.2%above the sector's middle half▼ 3.4pp77.3%above the sector's middle half▼ 1.9pp98.4%above the sector's middle half▲ 21.1pp99.3%above the sector's middle half▲ 0.8pp
Current ratio6.73above the sector's middle half▲ 3.325.71above the sector's middle half▼ 1.025.51above the sector's middle half▼ 0.2063.60above the sector's middle half▲ 58.09
Return on assets (ROA)6.6%within the sector's middle half▼ 0.1pp6.7%within the sector's middle half=1.4%within the sector's middle half▼ 5.3pp80.3%above the sector's middle half▲ 78.9pp2.0%within the sector's middle half▼ 78.3pp
Staff (FTE)22.9above the sector's middle half▲ 15.7%27above the sector's middle half▲ 17.9%33.4above the sector's middle half▲ 23.7%25above the sector's middle half▼ 25.1%0below the sector's middle half▼ 100%
abovewithinbelowthe middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
2025Net result -97%, Staff (FTE) -100% on 2024.The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 100% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €17.1m
99.3%
Equity€17.0m ▲ 2.1%
Debt€128,508 ▼ 51.7%
Debt's share of the balance-sheet total falls from 1.6% to 0.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€24,761▼
2024 · €18.0m
Cash flow
€344,432▼
2024 · €13.6m
Debt to equity
0.01▼
2024 · 0.02
ROE
2.0%▼
2024 · 81.6%
Interest coverage
21.47▼
2024 · 1682.88
Debt ≤ 1 year
€128,508▼
2024 · €266,212
Income taxes
€120,972▼
2024 · €4.6m
Staff costs
€0▼
2024 · €3.0m
A ratio outside any meaningful range has been withheld (balance sheet total €17.1m, equity €17.0m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 1,860 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 98% are still going.
Medium-sized
20 years or older
solvency 30% or more
a profit under 5% of the balance sheet
0.1%went bankrupt
2.0%stopped otherwise
98%still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
The companies in ten equal groups, from lowest to highest expected share.
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.4%
3
0.5%
0.5%
4
0.6%
0.7%
5
0.8%
0.9%
6
1.2%
1.3%
7
1.5%
1.7%
8
1.7%
1.7%
9
2.7%
2.8%
10
5.3%
5.7%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,860 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 48 lines
Balance sheetCode20242025
Assets
Total assets20/58€16.9m€17.1m▲
Fixed assets21/28€0-
Intangible fixed assets21€0-
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Furniture and vehicles24€0-
Other tangible fixed assets26€0-
Current assets29/58€16.9m€17.1m▲
Amounts receivable within one year40/41€16.6m€17.0m▲
Trade receivables40€7,004€2,385▼
Other amounts receivable41€16.6m€17.0m▲
Cash at bank and in hand54/58€257,630€166,939▼
Deferred charges and accrued income490/1€69,179€0▼
Equity and liabilities
Total equity and liabilities10/49€16.9m€17.1m▲
Equity10/15€16.7m€17.0m▲
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€16.6m€16.9m▲
Non-distributable reserves130/1€156,150€156,150=
Legal reserve130€156,150€156,150=
Distributable reserves133€16.4m€16.8m▲
Amounts payable17/49€266,212€128,508▼
Amounts payable within one year42/48€266,212€128,508▼
Trade debts44€9,744€8,831▼
Suppliers440/4€9,744€8,831▼
Taxes, remuneration and social security45€256,468€119,677▼
Taxes450/3€132,713€119,677▼
Remuneration and social security454/9€123,755€0▼
Income statementCode20242025
Non-recurring operating income76A€17.7m€0▼
Remuneration, social security and pensions62€3.0m€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50,283€0▼
Other operating charges640/8€968€0▼
Gross operating margin9900€21.1m€24,761▼
Operating profit (loss)9901€18.0m€24,761▼
Financial income75/76B€217,154€441,796▲
Recurring financial income75€217,154€441,796▲
Financial charges65/66B€10,724€1,153▼
Recurring financial charges65€10,724€1,153▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€18.2m€465,404▼
Income taxes67/77€4.6m€120,972▼
Profit (loss) for the period9904€13.6m€344,432▼
Profit (loss) for the period to be appropriated9905€13.6m€344,432▼
Appropriation of the result
Profit (loss) to be appropriated9906€13.6m€344,432▼
Transfer to equity691/2€13.6m€344,432▼
To other reserves6921€13.6m€344,432▼
Social balance
Average headcount (FTE)908725.00.0▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Non-recurring operating income76A
-
-
-
€17.7m
€0
▼ 100%
Remuneration, social security and pensions62
€2.1m
€2.6m
€3.4m
€3.0m
€0
▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€30,371
€48,516
€64,390
€50,283
€0
▼ 100%
Other operating charges640/8
€3,948
€868
€1,392
€968
€0
▼ 100%
Non-recurring operating charges66A
-
-
€98,454
-
-
-
Gross operating margin9900
€2.4m
€2.9m
€3.6m
€21.1m
€24,761
▼ 99.9%
Operating profit (loss)9901
€252,479
€271,776
€56,045
€18.0m
€24,761
▼ 99.9%
Financial income75/76B
€12
€1,928
€25,439
€217,154
€441,796
▲ 103%
Recurring financial income75
€12
€1,928
€25,439
€217,154
€441,796
▲ 103%
Financial charges65/66B
€25,670
€13,331
€11,744
€10,724
€1,153
▼ 89.2%
Recurring financial charges65
€9,131
€13,331
€11,744
€10,724
€1,153
▼ 89.2%
Non-recurring financial charges66B
€16,539
€0
-
€0
-
-
Profit (loss) for the period before taxes9903
€226,821
€260,373
€69,741
€18.2m
€465,404
▼ 97.4%
Income taxes67/77
€4,598
€5,622
€14,279
€4.6m
€120,972
▼ 97.4%
Profit (loss) for the period9904
€222,224
€254,751
€55,462
€13.6m
€344,432
▼ 97.5%
Transfer from tax-exempt reserves789
€1,787
€0
-
-
-
-
Transfer to tax-exempt reserves689
€7,500
€0
-
-
-
-
Profit (loss) for the period to be appropriated9905
€216,511
€254,751
€55,462
€13.6m
€344,432
▼ 97.5%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€3.3m
€3.8m
€4.0m
€16.9m
€17.1m
▲ 1.2%
Fixed assets21/28
€234,857
€284,756
€177,851
€0
-
-
Intangible fixed assets21
€10,618
€5,818
€1,507
€0
-
-
Tangible fixed assets22/27
€109,375
€180,484
€176,344
€0
-
-
Plant, machinery and equipment23
€38,638
€63,583
€66,361
€0
-
-
Furniture and vehicles24
€29,637
€51,903
€52,744
€0
-
-
Other tangible fixed assets26
€41,101
€64,997
€57,239
€0
-
-
Financial fixed assets28
€114,863
€98,454
€0
-
-
-
Current assets29/58
€3.1m
€3.5m
€3.8m
€16.9m
€17.1m
▲ 1.2%
Amounts receivable within one year40/41
€502,569
€535,218
€640,695
€16.6m
€17.0m
▲ 2.2%
Trade receivables40
€455,385
€368,656
€594,935
€7,004
€2,385
▼ 65.9%
Other amounts receivable41
€47,184
€166,562
€45,760
€16.6m
€17.0m
▲ 2.2%
Cash at bank and in hand54/58
€2.5m
€2.9m
€3.0m
€257,630
€166,939
▼ 35.2%
Deferred charges and accrued income490/1
€77,902
€68,446
€165,627
€69,179
€0
▼ 100%
Equity and liabilities
Total equity and liabilities10/49
€3.3m
€3.8m
€4.0m
€16.9m
€17.1m
▲ 1.2%
Equity10/15
€2.8m
€3.0m
€3.1m
€16.7m
€17.0m
▲ 2.1%
Contributions10/11
€61,500
€61,500
€61,500
€61,500
€61,500
=
Capital10
€61,500
€61,500
€61,500
€61,500
€61,500
=
Issued capital100
€61,500
€61,500
€61,500
€61,500
€61,500
=
Reserves13
€2.7m
€3.0m
€3.0m
€16.6m
€16.9m
▲ 2.1%
Non-distributable reserves130/1
€156,150
€156,150
€156,150
€156,150
€156,150
=
Legal reserve130
€156,150
€156,150
€156,150
€156,150
€156,150
=
Distributable reserves133
€2.5m
€2.8m
€2.9m
€16.4m
€16.8m
▲ 2.1%
Amounts payable17/49
€580,720
€792,139
€901,893
€266,212
€128,508
▼ 51.7%
Amounts payable within one year42/48
€461,520
€617,139
€688,984
€266,212
€128,508
▼ 51.7%
Trade debts44
€270,285
€363,974
€334,526
€9,744
€8,831
▼ 9.4%
Suppliers440/4
€270,285
€363,974
€334,526
€9,744
€8,831
▼ 9.4%
Taxes, remuneration and social security45
€191,235
€253,165
€354,458
€256,468
€119,677
▼ 53.3%
Taxes450/3
€3,805
€23,608
€33,940
€132,713
€119,677
▼ 9.8%
Remuneration and social security454/9
€187,429
€229,558
€320,518
€123,755
€0
▼ 100%
Accrued charges and deferred income492/3
€119,200
€175,000
€212,909
-
-
-
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€222,224
€254,751
€55,462
€13.6m
€344,432
▼ 97.5%
+ Depreciation and write-downs630
€30,371
€48,516
€64,390
€50,283
€0
▼ 100%
Operating cash flow (approximation)
€252,594
€303,268
€119,852
€13.6m
€344,432
▼ 97.5%
Investment in fixed assets (approximation)
-
-€98,415
€42,514
€127,568
-
-
Change in cash
-
€393,078
€69,462
-€2.7m
-€90,691
▲ 96.7%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
What happened to the company over the years, from its founding to recent changes. Many changes in a short time are a reason to ask questions.
Next filing, fiscal year 2026, expected by
31-07-2027
2026
31-08
NBB filingAnnual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
FinancialLiquidity doublescurrent ratio 133.37
Current ratio from 63.60 to 133.37; short-term debt falls from €266,212 to €128,508.
17-11
State Gazette actResignations: DAGEM Consulting Comm.V, Boscant BV and LEONASTER BV
Appointments: Tim Morlion (director) and Jo Ann Juskie (managing director) · Permanent representatives: Pieter De Smet and Geert Claes · Mandate compensation19 facts ▸
General meeting, 30-04-2025
Director resignation, DAGEM Consulting Comm.V ((gedelegeerd) bestuurder)
Director resignation, Boscant BV ((gedelegeerd) bestuurder)
Director resignation, LEONASTER BV ((gedelegeerd) bestuurder)
Director appointment, Tim Morlion (director)
Mandate compensation, Tim Morlion
Board meeting, 14-08-2025
Director resignation, DAGEM Consulting Comm.V (managing director)
Director resignation, Boscant BV (managing director)
Director resignation, LEONASTER BV (managing director)
Director appointment, Jo Ann Juskie (managing director)
Director appointment, Tim Morlion (managing director)
+7 further facts in this act
31-10
NBB filingAnnual accounts filed
fiscal year 2024 · abbreviated schema · 92 days late
2024
31-12
FinancialHighest result since 2018net €13.6m ▲24,409%
Operating result €18.0m, net result €13.6m, both a record.
31-12
FinancialLiquidity times 12current ratio 63.60
Current ratio from 5.51 to 63.60; short-term debt falls from €688,984 to €266,212.
31-12
FinancialEquity above €10mEq €16.7m ▲442%
7 profitable years in a row build equity to €16.7m.
07-06
State Gazette actPermanent representative: Steven Coenen
Share concentration2 facts ▸
Share concentration, Vereniging van alle aandelen in één hand met ingang van 13 mei 2024
Permanent representative, Steven Coenen
04-06
NBB filingAnnual accounts filed
fiscal year 2023 · abbreviated schema
21-05
State Gazette actResignation: OOSTERLINCK André (director)
Appointments: JUSKIE Jo Ann (director) and BDO Bedrijfsrevisoren BV (statutory auditor) · Permanent representative: Gert Claes · Statutes amendment9 facts ▸
General meeting, 13-05-2024
Statutes amendment
Statutes amendment
Capital, €61.500
Director resignation, OOSTERLINCK André (director)
Director appointment, JUSKIE Jo Ann (director)
Mandate compensation, JUSKIE Jo Ann
Auditor appointment, BDO Bedrijfsrevisoren BV
Permanent representative, Gert Claes
2023
08-06
NBB filingAnnual accounts filed
fiscal year 2022 · abbreviated schema
25-04
State Gazette actReappointments: Boscant BV, Leonaster BV and Oosterlinck André
Permanent representatives: Valvekens Ramses and Coenen Steven6 facts ▸
General meeting, 07-06-2022
Director reappointment, Boscant BV (managing director)
Permanent representative, Valvekens Ramses
Director reappointment, Leonaster BV (managing director)
Permanent representative, Coenen Steven
Director reappointment, Oosterlinck André (chair of the board)
Show earlier events
2022
15-07
NBB filingAnnual accounts filed
fiscal year 2021 · abbreviated schema
26-01
State Gazette actPermanent representative: Coenen, Steven
Registered-office move3 facts ▸
General meeting, 13-12-2021
Registered-office move, Diestsevest 32 bus 2B, 3000 Leuven
Permanent representative, Coenen, Steven
2021
19-07
NBB filingAnnual accounts filed
fiscal year 2020 · abbreviated schema
14-01
State Gazette actAppointment: Dagem Consulting (director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
16 of 16 acts read
Directors · office · real estate
Directors and office
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
3 directors, 5 in day-to-day management, no change since 2025
Board 3
DC
Dagem Consulting
Director · since 01-04-2021 · Legal entity · perm. rep.: Emiliano D'Agostino
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
BB
Boscant BVBA
Managing director · since 07-06-2011 · Legal entity · perm. rep.: Valvekens Ramses
Not recently confirmed
LB
Leonaster BVBA
Managing director · since 07-06-2011 · Legal entity · perm. rep.: Coenen Steven
Not recently confirmed
Permanent representatives 3
DE
Emiliano D'Agostino
Permanent representative · since 01-04-2021 · for Dagem Consulting
Current
SC
Coenen Steven
Permanent representative · since 07-06-2022 · for Leonaster BV
Current
RV
Valvekens Ramses
Permanent representative · since 07-06-2022 · for Boscant BV
Current
Statutory auditor 1
BB
BDO Bedrijfsrevisoren bv
Auditor · since 13-05-2024 · perm. rep.: Gert Claes
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
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Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
10 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 3,214 companies in sector 62900 we hold annual accounts for 1,746. 104 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPublic limited company
Founded01-07-1991
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services