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EGOV SELECT

Active
Non-profit associationfounded 200125 yrs activeKoning AlbertII laan 33, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0475.479.251
Summary

EGOV SELECT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8.4m and a net result of €1.3m. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 30% of 2296 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
EGOV SELECTActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Other business support services
NACE 82990Computing infrastructure, data processing, hosting and related activities NACE 63100NACE 63110
#1 employer in Schaarbeek, Administrative and support services sector1 site
Size
€111.9mturnover 2024
Staff
907.7 FTE
Equity
€8.4m
Profit
€1.3m
Financial health
96 Excellent Checked score 2024
Bankruptcy chance 12 m
< 0.1%
Structure
Board
16 members
Auditor: Vander Donckt - Roobrouck Christiaens Bedrijfsrevisoren (VRC)Accounts 65 d overdue
Why 96- Figures for FY 2024 (filed 10-04-2025)+ Legal form Non-profit association+ Liquidity: current ratio 1.60, cash €15.5m+ Sector Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2024
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 66% of its sector peers (NACE 82, large)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 48+14
equity 22.5% of total assets
Liquidity 67+11
short-term debt 62.4% · cash 41.6%
Profitability 57-7
return on assets 3.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (51 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%▼ -6.3% vs 01-2025 03-2025: < 0.1%● 0.0% vs 02-2025 04-2025: < 0.1%● 0.0% vs 03-2025 05-2025: < 0.1%▼ -13.3% vs 04-2025lowest value 06-2025: < 0.1%● 0.0% vs 05-2025lowest value 07-2025: < 0.1%● 0.0% vs 06-2025lowest value 08-2025: < 0.1%● 0.0% vs 07-2025lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%▲ +7.7% vs 03-2026 05-2026: < 0.1%▼ -7.1% vs 04-2026lowest value 06-2026: < 0.1%▲ +7.7% vs 05-2026 07-2026: < 0.1%● 0.0% vs 06-2026 08-2026: < 0.1%▲ +28.6% vs 07-2026 09-2026: < 0.1%▲ +5.6% vs 08-2026 10-2026: < 0.1%▲ +26.3% vs 09-2026highest value
  • Legal form Non-profit association lowers the probability
  • Figures for FY 2024 (filed 10-04-2025) raises the probability
  • Liquidity: current ratio 1.60, cash €15.5m lowers the probability
  • Sector Office administrative, office support and other business support activities (NACE 82) lowers the probability
Credit up to €800,000 at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.7 in 2023; short-term debt: 62.4% and cash: 41.6% of total assets), but 77.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 82, large). Better than this share of them on solvency 24%, liquidity 90%, profitability 63%, growth against the median 88%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Legal form Non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Figures for FY 2024 (filed 10-04-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.60, cash €15.5m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Sector Office administrative, office support and other business support activities (NACE 82)
In the bankruptcy model this factor lowers the probability.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-04-2025, 113 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
113 d early
2023
112 d early
2022
124 d early
2021
103 d early
2020
131 d early
2019
114 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 116 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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
  1. Appointment: Vander Donckt - Roobrouck Christiaens…Permanent representative: Geert Keunen
  2. Resignation: Philip Dumortier (director)Reappointments: Frank Robben, Nico Waeyaert…
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Positive: Equity rose in 2024from €2.8m to €8.4m ▲ 197% View
  • Positive: Employer in Schaarbeek, Administrative and support services sectorin the Checked rankings #1 View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Board changedlatest change 09-02-2026 · 16 in office 1 joined · 1 left View
  • Flemish supportawarded 2024 - 2025 €56,633 View

By topic

Financials

Fiscal year
2024
Turnover
€111.9m
Profit
€1.3m
Solvency
22.5%
Turnover▲ 21.7%
Net result
20182024
Go to Financials

Timeline

Events
35
Since
2007
  1. 04-06-2026Appointment: Vander Donckt - Roobrouck Christiaens Bedrijfsrevisoren…
  2. 09-02-2026Resignation: Philip Dumortier (director)
  3. 09-04-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Other business support servicesNACE 82990
Founded
17-07-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Purpose
De Vereniging stelt zich tot belangeloos doel haar leden te ondersteunen op het vlak van…
Go to Articles of association

Go further with this company

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