Skip to content

EFFEX

Inactive
Private limited companyfounded 2023Tessenstraat 5, 3000 Leuven, BelgiumKBO/BCE: BE 0802.366.578

Inactive since 28-05-2026; last annual accounts for fiscal year 2025.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
2425
2024 to 2025 · latest year -€884,620
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 12-03-2026, 141 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
141 d early
2024
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 56 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 (1)
neutral · No strike-offs in the KBO publications
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

EFFEX was incorporated on 2 June 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€630,410▼ 58.4%
2024 · €1.5m
Total assets
€870,600▼ 48.3%
2024 · €1.7m
Net result
-€884,620▼ 74.9%
2024 · -€505,644
Working capital
-€64,554
2024 · €627,359
Trend over the years

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
favourable unfavourable
Line20242025
Operating result-€549,945--€890,211▼ 61.9%
Net result-€505,644below the sector's middle half--€884,620below the sector's middle half▼ 74.9%
Equity€1.5mabove the sector's middle half-€630,410above the sector's middle half▼ 58.4%
Total assets€1.7mwithin the sector's middle half-€870,600within the sector's middle half▼ 48.3%
Debt€168,174-€240,190▲ 42.8%
Working capital€627,359above the sector's middle half--€64,554below the sector's middle half
Solvency90.0%above the sector's middle half-72.4%within the sector's middle half▼ 17.6pp
Current ratio6.08above the sector's middle half-0.70below the sector's middle half▼ 5.38
Return on assets (ROA)-30.0%below the sector's middle half--101.6%below the sector's middle half▼ 71.6pp
above within below 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.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€1.0m-€750,000-€500,000-€250,000€0Operating result 2024: -€549,945-€549,945Net result 2024: -€505,644-€505,644Operating result 2025: -€890,211-€890,211Net result 2025: -€884,620-€884,62020242025-€1m-€750,000-€500,000-€250,000€0Operating result 2024: -€549,945-€550,000Net result 2024: -€505,644-€506,000Operating result 2025: -€890,211-€890,000Net result 2025: -€884,620-€885,00020242025
The operating result stays negative: a loss of €890,211 in 2025 against €549,945 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €870,600
Fixed assets €719,730 ▼ 22.8%
Current assets €150,870 ▼ 79.9%
Equity and liabilities €870,600
Equity €630,410 ▼ 58.4%
Debt €240,190 ▲ 42.8%
Debt's share of the balance-sheet total rises from 10.0% to 27.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€677,520▼
2024 · -€426,542
Cash flow
-€671,929▼
2024 · -€382,241
Debt to equity
0.38▲
2024 · 0.11
ROE
-140.3%▼
2024 · -33.4%
Interest coverage
-474.45▼
2024 · -179.12
Debt ≤ 1 year
€215,424▲
2024 · €123,424
Income taxes
-€125▼
2024 · €125
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.7m€870,600▼
Fixed assets21/28€932,421€719,730▼
Intangible fixed assets21€926,760€717,498▼
Tangible fixed assets22/27€5,661€2,232▼
Furniture and vehicles24€5,661€2,232▼
Current assets29/58€750,783€150,870▼
Amounts receivable within one year40/41€97,350€57,734▼
Trade receivables40€40,817€15,705▼
Other amounts receivable41€56,532€42,029▼
Current investments50/53€500,000€0▼
Cash at bank and in hand54/58€107,639€89,735▼
Deferred charges and accrued income490/1€45,794€3,402▼
Equity and liabilities
Total equity and liabilities10/49€1.7m€870,600▼
Equity10/15€1.5m€630,410▼
Contributions10/11€2.0m€2.0m=
Profit (loss) carried forward14-€505,644-€1.4m▼
Amounts payable17/49€168,174€240,190▲
Amounts payable within one year42/48€123,424€215,424▲
Financial debts43€7,155€0▼
Credit institutions430/8€7,155-
Other loans439-€0
Trade debts44€115,906€64,076▼
Suppliers440/4€115,906€64,076▼
Taxes, remuneration and social security45-€270
Taxes450/3-€270
Other amounts payable47/48€364€151,078▲
Accrued charges and deferred income492/3€44,750€24,767▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€123,403€212,690▲
Other operating charges640/8€966€151,130▲
Gross operating margin9900-€425,576-€526,390▼
Operating profit (loss)9901-€549,945-€890,211▼
Financial income75/76B€46,807€6,894▼
Recurring financial income75€46,807€6,894▼
Financial charges65/66B€2,381€1,428▼
Recurring financial charges65€2,381€1,428▼
Profit (loss) for the period before taxes9903-€505,519-€884,745▼
Income taxes67/77€125-€125▼
Profit (loss) for the period9904-€505,644-€884,620▼
Profit (loss) for the period to be appropriated9905-€505,644-€884,620▼
Appropriation of the result
Profit (loss) to be appropriated9906-€505,644-€1.4m▼
Profit (loss) brought forward from the previous period14P--€505,644

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€123,403€212,690▲ 72.4%
Other operating charges640/8€966€151,130▲ 15,552%
Gross operating margin9900-€425,576-€526,390▼ 23.7%
Operating profit (loss)9901-€549,945-€890,211▼ 61.9%
Financial income75/76B€46,807€6,894▼ 85.3%
Recurring financial income75€46,807€6,894▼ 85.3%
Financial charges65/66B€2,381€1,428▼ 40.0%
Recurring financial charges65€2,381€1,428▼ 40.0%
Profit (loss) for the period before taxes9903-€505,519-€884,745▼ 75.0%
Income taxes67/77€125-€125▼ 200%
Profit (loss) for the period9904-€505,644-€884,620▼ 74.9%
Profit (loss) for the period to be appropriated9905-€505,644-€884,620▼ 74.9%
Line20242025Change
Assets
Total assets20/58€1.7m€870,600▼ 48.3%
Fixed assets21/28€932,421€719,730▼ 22.8%
Intangible fixed assets21€926,760€717,498▼ 22.6%
Tangible fixed assets22/27€5,661€2,232▼ 60.6%
Furniture and vehicles24€5,661€2,232▼ 60.6%
Current assets29/58€750,783€150,870▼ 79.9%
Amounts receivable within one year40/41€97,350€57,734▼ 40.7%
Trade receivables40€40,817€15,705▼ 61.5%
Other amounts receivable41€56,532€42,029▼ 25.7%
Current investments50/53€500,000€0▼ 100%
Cash at bank and in hand54/58€107,639€89,735▼ 16.6%
Deferred charges and accrued income490/1€45,794€3,402▼ 92.6%
Equity and liabilities
Total equity and liabilities10/49€1.7m€870,600▼ 48.3%
Equity10/15€1.5m€630,410▼ 58.4%
Contributions10/11€2.0m€2.0m=
Profit (loss) carried forward14-€505,644-€1.4m▼ 175%
Amounts payable17/49€168,174€240,190▲ 42.8%
Amounts payable within one year42/48€123,424€215,424▲ 74.5%
Financial debts43€7,155€0▼ 100%
Credit institutions430/8€7,155--
Other loans439-€0-
Trade debts44€115,906€64,076▼ 44.7%
Suppliers440/4€115,906€64,076▼ 44.7%
Taxes, remuneration and social security45-€270-
Taxes450/3-€270-
Other amounts payable47/48€364€151,078▲ 41,462%
Accrued charges and deferred income492/3€44,750€24,767▼ 44.7%
Line20242025Change
Profit (loss) for the period9904-€505,644-€884,620▼ 74.9%
+ Depreciation and write-downs630€123,403€212,690▲ 72.4%
Operating cash flow (approximation)-€382,241-€671,929▼ 75.8%
Investment in fixed assets (approximation)-€0-
Change in cash--€17,905-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
NBB filing
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Leuven
exact location from the address register On OpenStreetMap
Ground area
3,182 m²
Building footprint
471 m²
Volume, LiDAR
9,217 m³
Parcel 24505F0959/00E000, Flanders · tallest building 23.1 m, ±7 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24505F0959/00E000 Flanders 3,182 m² 1 · 471 m² 23.1 m · 7 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

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

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 13 entries · 327,041 EUR awarded · 304,981 EUR paid
Year Entries awardedpaid
2025 6 15,855 EUR78,196 EUR
2024 4 5,430 EUR119,785 EUR
2023 3 305,756 EUR107,000 EUR
Schemes
4 entries · 246,416 EUR · 246,416 EUR paid · Fonds voor Innoveren en Ondernemen
4 entries · 50,000 EUR · 25,000 EUR paid · Fonds voor Innoveren en Ondernemen
3 entries · 21,205 EUR · 21,205 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen
2 entries · 9,420 EUR · 12,360 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 10,925 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
Founded02-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
63920Other information service activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0802366578
Also 9925:BE0802366578
Registered 05-02-2026

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.