entrust-support
ActiveSummary
entrust-support has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €966 and a net result of €18,995. Equity has been shrinking by about 16% per year since 2018. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 10% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 24-04-2013 Normal situation
- Registered office
- 15 active companies are registered at this address Source: KBO register, as of 4 November 2026.
- Activity
- Computer consultancy and computer facilities management NACE 62200and 1 other
- Establishment unit
- 2.218.981.403 2440 Geel, since 24-04-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.7%
- Gross margin
- €54,413
- ▲ 99.4%
- Turnover
- ≈ €100,000
- estimated
- Profit
- €18,995
- Equity
- €966
- Total assets
- €420,017
- ▲ 43.6%
- Staff
- ≈ 0 FTE
- estimated
- 2025 accounts filed 76 days after the deadline
Score breakdownraises riskLast filed accounts filed 76 days late; 3 of the last 3 accounts lateLiquidity: current ratio 0.77, cash €6,484lowers riskSize: total assets €420,017Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 9% of them on solvency, 2% on liquidity, 21% on profitability and 90% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 140 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)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 76 days after the deadline Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00558559.
Annual accounts 2025 filed on 15-10-2026 at the NBB all 13 filings
Every figure per financial year
The operating result for 2025 is a profit of €37,727, after a loss of €18,795 in 2024. It is the highest result since 2021.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Overdue debts
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Overdue tax debts | - | €42,714 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Pledge on the business | - | €100,000 | €100,000 | €100,000 | €100,000 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,900 | - | - | €22,659 |
| Intangible fixed assets | - | - | €96,000 | - | - |
| Financial fixed assets | - | €473 | - | - | - |
| Depreciation and write-downs of the year | €8,193 | €8,098 | - | €9,600 | €14,706 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €9,211 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €195,936 | €196,975 | €125,170 | €34,506 | €351 | ▼ 99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,567 | €10,161 | €10,161 | €8,193 | €8,098 | - | €9,600 | €14,706 | ▲ 53.2% |
| Other operating charges640/8 | - | - | - | €1,080 | €1,227 | €3,520 | €1,980 | €1,629 | ▼ 17.7% |
| Gross operating margin9900 | €219,471 | €237,892 | €234,237 | €221,691 | €219,910 | €136,932 | €27,290 | €54,413 | ▲ 99.4% |
| Operating profit (loss)9901 | €19,413 | €12,672 | €22,847 | €16,483 | €13,609 | €8,242 | -€18,795 | €37,727 | - |
| Financial income75/76B | - | - | - | €765 | €105 | €123 | €186 | €0 | ▼ 100% |
| Recurring financial income75 | €1,754 | €670 | €13 | €765 | €105 | €123 | €186 | €0 | ▼ 100% |
| Non-recurring financial income76B | - | - | - | €765 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €7,837 | €25,204 | €9,433 | €11,793 | €18,334 | ▲ 55.5% |
| Recurring financial charges65 | €7,698 | €5,008 | €6,110 | €7,837 | €25,204 | €9,433 | €11,793 | €18,334 | ▲ 55.5% |
| Profit (loss) for the period before taxes9903 | €13,468 | €8,334 | €16,750 | €9,411 | -€11,490 | -€1,068 | -€30,402 | €19,393 | - |
| Income taxes67/77 | €12,562 | €11,374 | €16,031 | €7,498 | €3,103 | €760 | €195 | €399 | ▲ 105% |
| Profit (loss) for the period9904 | €906 | -€3,040 | €719 | €1,913 | -€14,593 | -€1,827 | -€30,597 | €18,995 | - |
| Profit (loss) for the period to be appropriated9905 | €906 | -€3,040 | €719 | €1,913 | -€14,593 | -€1,827 | -€30,597 | €18,995 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €247,008 | €226,173 | €251,298 | €359,470 | €386,795 | €338,883 | €292,431 | €420,017 | ▲ 43.6% |
| Fixed assets21/28 | €38,465 | €28,304 | €18,143 | €10,048 | €4,373 | €99,900 | €90,300 | €98,253 | ▲ 8.8% |
| Intangible fixed assets21 | €32,000 | €24,000 | €16,000 | €8,000 | - | €96,000 | €86,400 | €76,800 | ▼ 11.1% |
| Tangible fixed assets22/27 | €4,515 | €2,354 | €193 | €98 | €3,900 | €3,900 | €3,900 | €21,453 | ▲ 450% |
| Furniture and vehicles24 | - | - | - | €98 | €3,900 | €3,900 | €3,900 | €21,453 | ▲ 450% |
| Financial fixed assets28 | €1,950 | €1,950 | €1,950 | €1,950 | €473 | - | - | - | - |
| Current assets29/58 | €208,543 | €197,869 | €233,155 | €349,421 | €382,422 | €238,983 | €202,131 | €321,764 | ▲ 59.2% |
| Amounts receivable after more than one year29 | - | - | - | €80,000 | €149,887 | €27,000 | €27,000 | €27,000 | = |
| Other amounts receivable291 | - | - | - | €80,000 | €149,887 | €27,000 | €27,000 | €27,000 | = |
| Amounts receivable within one year40/41 | €151,957 | €119,192 | €164,280 | €171,258 | €197,603 | €175,882 | €141,790 | €288,280 | ▲ 103% |
| Trade receivables40 | - | - | - | €113,129 | €121,155 | €103,552 | €91,333 | €208,023 | ▲ 128% |
| Other amounts receivable41 | - | - | - | €58,129 | €76,448 | €72,330 | €50,457 | €80,257 | ▲ 59.1% |
| Cash at bank and in hand54/58 | €38,270 | €62,421 | €31,865 | €27,517 | €7,630 | €8,862 | €6,038 | €6,484 | ▲ 7.4% |
| Deferred charges and accrued income490/1 | - | - | - | €70,647 | €27,302 | €27,239 | €27,302 | €0 | ▼ 100% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €247,008 | €226,173 | €251,298 | €359,470 | €386,795 | €338,883 | €292,431 | €420,017 | ▲ 43.6% |
| Equity10/15 | €19,333 | €16,293 | €17,012 | €28,925 | €14,332 | €12,505 | -€18,092 | €966 | - |
| Contributions10/11 | €10,000 | €10,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,238 | €2,238 | €2,238 | €2,238 | - | - | - | - | - |
| Non-distributable reserves130/1 | - | - | - | €2,238 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,238 | - | - | - | - | - |
| Profit (loss) carried forward14 | €7,095 | €4,055 | €4,774 | €6,687 | -€5,668 | -€7,495 | -€38,092 | -€19,034 | ▲ 50.0% |
| Amounts payable17/49 | €227,675 | €209,880 | €234,286 | €330,545 | €372,462 | €326,378 | €310,523 | €419,051 | ▲ 35.0% |
| Amounts payable after more than one year17 | €18,918 | €18,918 | - | €77,507 | €88,626 | €54,773 | €20,763 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | - | €77,507 | €88,626 | €54,773 | €20,763 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €208,757 | €190,961 | €234,286 | €252,918 | €283,837 | €271,606 | €289,760 | €419,051 | ▲ 44.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8,051 | €40,153 | €47,805 | €37,192 | €32,605 | ▼ 12.3% |
| Financial debts43 | - | - | - | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Credit institutions430/8 | - | - | - | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Trade debts44 | €111,811 | €31,839 | €4,204 | €15,520 | €87,416 | €67,291 | €14,758 | €3,255 | ▼ 77.9% |
| Suppliers440/4 | - | - | - | €15,520 | €87,416 | €67,291 | €14,758 | €3,255 | ▼ 77.9% |
| Taxes, remuneration and social security45 | - | - | - | €129,347 | €56,268 | €5,777 | €8,693 | €3,406 | ▼ 60.8% |
| Taxes450/3 | - | - | - | €129,347 | €52,549 | €5,777 | €8,693 | €3,406 | ▼ 60.8% |
| Remuneration and social security454/9 | - | - | - | - | €3,719 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | - | - | €50,733 | €129,117 | €279,785 | ▲ 117% |
| Accrued charges and deferred income492/3 | - | - | - | €120 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €906 | -€3,040 | €719 | €1,913 | -€14,593 | -€1,827 | -€30,597 | €18,995 | - |
| + Depreciation and write-downs630 | €10,567 | €10,161 | €10,161 | €8,193 | €8,098 | - | €9,600 | €14,706 | ▲ 53.2% |
| Operating cash flow (approximation) | €11,473 | €7,121 | €10,880 | €10,106 | -€6,495 | -€1,827 | -€20,997 | €33,701 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€98 | -€2,423 | -€95,528 | €0 | -€22,659 | - |
| Change in cash | - | €24,151 | -€30,555 | -€4,349 | -€19,886 | €1,232 | -€2,823 | €446 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,375 companies had the same profile as entrust-support has now. Two years later, 95.9% were still going and 2.2% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of entrust-support itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,446 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 1,375 companies, not a prediction for entrust-support. 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.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 15-10-2026 | 2026-00558559 | |
| 31-12-2024 | abbreviated format | 24-12-2025 | 2025-00589694 | |
| 31-12-2023 | abbreviated format | 08-01-2025 | 2025-00001231 | |
| 31-12-2022 | abbreviated format | 19-03-2024 | 2024-00045149 | |
| 31-12-2021 | abbreviated format | 18-02-2023 | 2023-00028828 | |
| 31-12-2020 | abbreviated format | 24-08-2021 | 2021-52300134 | |
| 31-12-2019 | micro format | 16-12-2020 | 2020-75900298 | |
| 31-12-2018 | abbreviated format | 08-07-2019 | 2019-30200284 | |
| 31-12-2017 | abbreviated format | 16-07-2018 | 2018-33700051 | |
| 31-12-2016 | abbreviated format | 28-06-2017 | 2017-23200168 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
entrust-support shares no director with another company.
Companies at the same address
14 other companies- Maatschap Beheer Innovatiecampus Geel Registered office · since 2024 1006491596
- Ministeries van de Vlaamse Gemeenschap Establishment · since 2021 0316380841
- Dynapps Group Registered office · since 2021 0770397259
- IUSEMA Establishment · since 2019 0477970864
- Virto Solar Registered office · since 2019 0719425640
- Spectrum Group Registered office · since 2015 0632570454
- DYNAPPS Registered office · since 2010 0830629113
- Maatschap MBS Registered office · since 2007 0887497837
- PATRIMONIUM MBS Registered office · since 2007 0886391839
- INTERCOMMUNALE ONTWIKKELINGSMAATSCHAPPIJ VOOR DE KEMPEN AFVALBEHEER Registered office · since 2003 0862457484
Connections & network
1 current directorThe network starts from the directors of entrust-support. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
04-07
Gazette deed
Registered office moved from Antwerpen to GeelNew seat: Antwerpseweg 1 bus 6, 2440 GEEL · Previous seat: 2018 Antwerpen, Pelikaanstraat 3 bus 20202 points ▸
- General meeting, 09-05-2022
- Registered-office move, Antwerpseweg 1 bus 6, 2440 GEEL
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 2018 Antwerpen until 09-05-2022 · act of 04-07-2022
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13373L0877/00F000 | Flanders | 9,356 m² | 1 · 892 m² | 25.9 m · 8 |