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EASICS

Active
Diestsevest 32 ·3000 Leuven, Belgium
KBO/BCE: BE 0444.501.015
Watch Print / PDF
Age35 yrs
Board5
Staff (FTE)25
Connections13
Real estate1 parcel · 1,672 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of EASICS is 0.1% (very low). The 2024 annual accounts show equity of €16.67M and a net result of €13.59M. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 561 sector peers (fiscal year 2024). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

3 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 95% of 561 peers (2024). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 31-10-2025 92 d late 2025-00562012
31-12-2023 31-07-2024 04-06-2024 57 d early 2024-00109594
31-12-2022 31-07-2023 08-06-2023 53 d early 2023-00117405
31-12-2021 31-07-2022 15-07-2022 16 d early 2022-20197058
31-12-2020 31-07-2021 19-07-2021 12 d early 2021-37800071
31-12-2019 31-07-2020 25-06-2020 36 d early 2020-20600346
31-12-2018 31-07-2019 12-07-2019 19 d early 2019-32500197
31-12-2017 31-07-2018 29-08-2018 29 d late 2018-54100220
31-12-2016 31-07-2017 04-07-2017 27 d early 2017-28700346
31-12-2015 31-07-2016 29-08-2016 29 d late 2016-52100003

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Long-established
Founded in 1991, 35 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector −Long track record −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€13.59M+24409.2%
Working capital€16.67M+436.3%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 31-10-2025 with the NBB · fiscal year 2024 · verkort
€0€5.00M€10.00M€15.00M€20.00MOperating result 2020: €270k€270kNet result 2020: €260k€260kOperating result 2021: €252k€252kNet result 2021: €222k€222kOperating result 2022: €272k€272kNet result 2022: €255k€255kOperating result 2023: €56k€56kNet result 2023: €55k€55kOperating result 2024: €18.00M€18.00MNet result 2024: €13.59M€13.59M20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Net result: stable across 7 fiscal years (±1.4%/year).
€-5.00M€0€5.00M€10.00M€15.00M2025: €265k (€-822k - €1.35M)2026: €269k (€-819k - €1.36M)2027: €272k (€-815k - €1.36M)2018: €306k2019: €42k2020: €260k2021: €222k2022: €255k2023: €55k2024: €13.59M2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 62, Computer programming & consultancy · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 98.4% 34.8%
better than 95% of 561 sector peers
Net result €13.59M €15k
better than 95% of 561 sector peers
Equity €16.67M €79k
better than 95% of 561 sector peers
Gross operating margin €21.09M €81k
better than 95% of 560 sector peers
Staff costs €3.04M €297k
higher than 95% of 287 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P95
2020: P72 · n=1432021: P90 · n=2042022: P87 · n=3462023: P84 · n=4782024: P95 · n=5612020 2024
Improving position over 2020-2024 · n=143-561
Net result P95
2020: P90 · n=1432021: P87 · n=2042022: P91 · n=3462023: P73 · n=4792024: P95 · n=5612020 2024
Stable position over 2020-2024 · n=143-561
Equity P95
2020: P95 · n=1432021: P95 · n=2052022: P95 · n=3472023: P95 · n=4792024: P95 · n=5612020 2024
Stable position over 2020-2024 · n=143-561
Gross operating margin P95
2020: P91 · n=1432021: P94 · n=2042022: P95 · n=3452023: P95 · n=4782024: P95 · n=5602020 2024
Stable position over 2020-2024 · n=143-560
Describes the position versus peers, not a forecast.
EBITDA
€18.05M
+14885.4% 18-24
Net profit
€13.59M
+24409.2% 18-24
Cash flow
€13.64M
+11283.6% 18-24
Total assets
€16.93M
+326.0% 18-24
Equity
€16.67M
+442.4% 18-24
Working capital
€16.67M
+436.3% 18-24
Employees (FTE)
25
-25.1% 18-24
Staff costs
€3.04M
-10.4% 18-24
Income taxes
€4.61M
+32190.3% 18-24
Debt
€266k
-70.5% 18-24
Debt ≤ 1y
€266k
-61.4% 18-24
Current ratio
63.60
+1054.3% 18-24
Quick ratio
63.60
+1054.3% 18-24
Solvency
98.4%
+27.3% 18-24
Debt / equity
0.02
-94.6% 18-24
ROE
81.6%
+4418.4% 18-24
ROA
80.3%
+5652.9% 18-24
Interest coverage
1682.88
+16309.8% 18-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€18.05M
Net profit€13.59M
Cash flow€13.64M
Staff costs€3.04M
Income taxes€4.61M
Dividends-
Total assets€16.93M
Equity€16.67M
Debt€266k
of which ≤ 1y€266k
of which > 1y-
Working capital€16.67M
Employees (FTE)25.0
Ratios (computed)
2024
Current ratio63.60
Quick ratio63.60
Working capital ratio98.4%
Solvency98.4%
Debt / equity0.02
Long-term debt ratio-
Interest coverage1682.88
Gross margin-
Net margin-
ROA80.3%
ROE81.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€16.93M
Fixed assets 21/28€0
Intangible fixed assets 21€0
Tangible fixed assets 22/27€0
Current assets 29/58€16.93M
Amounts receivable within one year 40/41€16.61M
Cash & bank 54/58€258k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€16.93M
Equity 10/15€16.67M
Contributions / capital 10/11€62k
Reserves 13€16.60M
Amounts payable 17/49€266k
Amounts payable within one year 42/48€266k
Trade debts payable within one year 44€10k
Income statement
Gross operating margin 9900€21.09M
Operating result 9901€18.00M
Financial income 75€217k
Financial charges 65€11k
Result before taxes 9903€18.20M
Income taxes 67/77€4.61M
Net result for the period 9904€13.59M
Result to be appropriated 9905€13.59M
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
100 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

15 directors
Current directors & mandates
  • Tim Morlion
    Director
    State Gazette act 25145852 (17-11-2025)
    Current
    30-04-2025 → present
    2 events
    • 30-04-2025 Appointed· Director
    • 30-04-2025 Appointed· Managing director
  • Jo Ann Juskie
    Managing director
    State Gazette act 25145852 (17-11-2025)
    Current
    13-05-2024 → present
    2 events
    • 30-04-2025 Appointed· Managing director
    • 13-05-2024 Appointed· Director
  • Boscant BVLegal entity
    Managing director· perm. rep.: Valvekens Ramses
    State Gazette act 23055753 (25-04-2023)
    Current
    25-04-2023 → present
  • Leonaster BVLegal entity
    Managing director· perm. rep.: Coenen Steven
    State Gazette act 23055753 (25-04-2023)
    Current
    25-04-2023 → present
  • Dagem ConsultingLegal entity
    Director· perm. rep.: Emiliano D’Agostino
    State Gazette act 21303176 (14-01-2021)
    Current
    12-01-2021 → present
    3 events
    • 01-04-2021 Appointed· Director
    • 01-04-2021 Appointed· Managing director
    • 12-01-2021 Appointed· Managing director
Historic, not recently confirmed (3)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • Boscant BVBALegal entity
    Managing director· perm. rep.: Valvekens Ramses
    State Gazette act 16148471 (26-10-2016)
    Not recently confirmed
    last confirmed in an act from 2016
  • Leonaster BVBALegal entity
    Managing director· perm. rep.: Coenen Steven
    State Gazette act 16148471 (26-10-2016)
    Not recently confirmed
    last confirmed in an act from 2016
  • Zegers Jan
    Director
    State Gazette act 16148471 (26-10-2016)
    Not recently confirmed
    last confirmed in an act from 2016
Former directors (7)
  • BoscantLegal entity
    Director· perm. rep.: Ramses Valvekens
    State Gazette act 25145852 (17-11-2025)
    Former
    - → 30-04-2025
    2 events
    • 30-04-2025 Resigned· Director
    • 30-04-2025 Resigned· Managing director
  • DAGEM CONSULTINGLegal entity
    Director· perm. rep.: Emiliano D'Agostino
    State Gazette act 25145852 (17-11-2025)
    Former
    - → 30-04-2025
    2 events
    • 30-04-2025 Resigned· Director
    • 30-04-2025 Resigned· Managing director
  • LEONASTERLegal entity
    Director· perm. rep.: Steven Coenen
    State Gazette act 25145852 (17-11-2025)
    Former
    - → 30-04-2025
    2 events
    • 30-04-2025 Resigned· Director
    • 30-04-2025 Resigned· Managing director
  • André Oosterlinck
    Director
    State Gazette act 23055753 (25-04-2023)
    Former
    27-06-2013 → 13-05-2024
    4 events
    • 13-05-2024 Resigned· Director
    • 25-04-2023 Mandate renewed· Director
    • 26-10-2016 Mandate renewed· Director
    • 27-06-2013 Appointed· Director
  • Jazoe BVBALegal entity
    Director· perm. rep.: Zegers Jan
    State Gazette act 18159436 (30-10-2018)
    Former
    - → 22-06-2018
  • Decaluwe Jan
    Director
    State Gazette act 16074097 (30-05-2016)
    Former
    - → 30-05-2016
    2 events
    • 30-05-2016 Resigned· Director
    • 09-03-2016 Resigned· Director
  • Ramses Valvekens
    Managing director
    State Gazette act 13097847 (27-06-2013)
    Former
    - → 27-06-2013
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

1 auditor
Statutory auditor IRE/IBR number Tenure
BDO Bedrijfsrevisoren bvCurrent
Statutory auditor · represented by Gert Claes
 - 13-05-2024 → present
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Overige diensten op het gebied van informatietechnologie en computer(62900)
Legal form Public limited company(014)
Incorporation01-07-1991
StatusActive
Postal code3000

Structure & network

Connections & network

13 connected companies
ASSOCIATIE KU Leuven, Shared director AKASSOCIATIE KULeuvenFONDATION CONTRE LE CANCER, Shared director FCFONDATIONCONTRE L…ANCERicometrix, Shared director IicometrixIMEC International, Shared director IIIMECInternationalInteruniversitair Micro-Electronica Centrum, Shared director IMInteruni…itairMicro-El…ntrumLUCA School of Arts, Shared director LSLUCA School ofArtsSEPTENTRIO, Shared director SSEPTENTRIOvon Karman Institute for Fluid Dynamics, Shared director VKvon KarmanInstitut…amicsAKTIEFINVEST, Shared address AAKTIEFINVESTKeysight Technologies Belgium, Shared address KTKeysightTechnolo…lgiumSBB Gecertificeerde Accountants en Adviseurs, Shared address SGSBBGecertif…seursSitemark, Shared address SSitemarkXeniT Solutions, Shared address XSXeniTSolutionsEASICS EASICS0444.501.015
Shared directorsShared address / shareholder
Network connections
ASSOCIATIE KU Leuven
Shared director
→
→
icometrix
Shared director
→
IMEC International
Shared director
→
LUCA School of Arts
Shared director
→
SEPTENTRIO
Shared director
→
AKTIEFINVEST
Shared address
→
Sitemark
Shared address
→
XeniT Solutions
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Locations & real estate

Registered office

from the Crossroads Bank
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.

Diestsevest 323000 Leuven

Establishment units

1 location
EASICS NV
Diestsevest 32, 3000 LeuvenTechnische studiën en ingenieursactiviteiten
since 19912.053.387.852
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,672 m²
Buildings1
Building footprint1,511 m²
Volume (LiDAR)29,235 m³
Tallest building44.9 m · ±8 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24062H0036/00K013 Flanders 1,672 m² 1 · 1,511 m² 44.9 m · 8 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

13 acts
Capital history · 2
07-06-2024
v3.2
30-09-2019
v3.2
Address history · 2
26-01-2022
v3.2
27-06-2013
v3.2
All acts · 13 updated 8 months ago
2025
17-11-2025 3 directors appointed, 6 resigning Director changes
  • Tim Morlion, Bestuurder
  • Jo Ann Juskie, Gedelegeerd bestuurder
  • Tim Morlion, Gedelegeerd bestuurder
  • Emiliano D'Agostino, Bestuurder
  • Ramses Valvekens, Bestuurder
  • Steven Coenen, Bestuurder
  • Emiliano D'Agostino, Gedelegeerd bestuurder
  • Ramses Valvekens, Gedelegeerd bestuurder
Summary: v3.2
2024
07-06-2024 Transaction in capital or shares Capital & shares
Summary: v3.2
21-05-2024 2 directors appointed, 1 resigning Director changes
  • JUSKIE Jo Ann, Bestuurder
  • Gert Claes, Commissaris
  • OOSTERLINCK André, Bestuurder
Summary: v3.2
2023
25-04-2023 3 reappointed Director changes
  • Valvekens Ramses, Gedelegeerd bestuurder
  • Coenen Steven, Gedelegeerd bestuurder
  • Oosterlinck André, Bestuurder
Summary: v3.2
2022
26-01-2022 Registered office moved within Leuven Registered-office change
  • Gaston Geenslaan 11, 3001 Leuven → Diestsevest 32, 3000 Leuven
Summary: v3.2
2021
14-01-2021 Articles of association amended Statutes amendment
Summary: v3.2
2019
30-09-2019 Capital decrease of €1,000,000 to €561,500 Capital & shares
  • €1.561.500 → €561.500
Summary: v3.2
2018
30-10-2018 Zegers Jan resigns as director Director changes
  • Zegers Jan, Bestuurder
Summary: v3.2
2016
26-10-2016 1 resigning, 4 reappointed Director changes
  • Decaluwe Jan, Bestuurder
  • Valvekens Ramses, Gedelegeerd bestuurder
  • Coenen Steven, Gedelegeerd bestuurder
  • Oosterlinck André, Bestuurder
  • Zegers Jan, Bestuurder
Summary: v3.2
30-05-2016 Jan Decaluwe resigns as director Director changes
  • Jan Decaluwe, Bestuurder
Summary: v3.2
2014
03-02-2014 Articles of association amended Statutes amendment
Summary: v3.2
2013
27-06-2013 2 directors appointed, 1 resigning Director changes
  • Boscant BVBA, Gedelegeerd bestuurder
  • Leonaster BVBA, Gedelegeerd bestuurder
  • Valvekens Ramses, Gedelegeerd bestuurder
Summary: v3.2
27-06-2013 Registered office moved within Leuven Registered-office change
  • Gaston Geenslaan 9, 3001 Leuven → Gaston Geenslaan 11, 3001 Leuven
Summary: v3.2

Analysis

Snowflake analysis

financial profile on 5 axes
Health100Profitability100Solvency100Growth78Stability100
96 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100
Profitability 100
Solvency 100
Growth 78
Stability 100

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 411 of the 3,203 companies in this sector. 15 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige diensten op het gebied van informatietechnologie en computer62090Overige diensten op het gebied van informatietechnologie en computer62900Overige activiteiten in verband met computers72600
Primary activity highlighted.
Names & trade names
Legal nameNL EASICS
Registered office
Diestsevest 32 bus 2B
3000 Leuven, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.