EURODB
ActiveSummary
EURODB has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€112,219) and a net result of -€36,642. Equity is shrinking by ~46.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 17220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability28▼-22
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 26.66 against 26.29 in 2024; short-term debt: 2.9% and cash: 20.2% of total assets), but equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-206.4%
Return on assets
-67.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€112,219
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 05-05-2026, 87 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
87 d early
2024
65 d early
2023
103 d early
2022
61 d early
2021
88 d early
2020
61 d early
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 58 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. Usually files around 5 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#2 oldest company in Koekelberg, Telecoms and IT sector
Equity
-€112,219▼ 48.5%
2024 · -€75,576
Total assets
€54,359▼ 40.3%
2024 · €90,990
Net result
-€36,642▼ 14.8%
2024 · -€31,907
Working capital
€40,487▲ 2.2%
2024 · €39,617
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
Line20212022202320242025
Operating result-€40,139▼ 263%-€37,756▲ 5.9%-€40,392▼ 7.0%-€31,740▲ 21.4%-€36,432▼ 14.8%
Net result-€35,041below the sector's middle half▼ 145%-€39,274below the sector's middle half▼ 12.1%-€42,706below the sector's middle half▼ 8.7%-€31,907below the sector's middle half▲ 25.3%-€36,642below the sector's middle half▼ 14.8%
Equity€38,311within the sector's middle half▼ 47.8%-€963below the sector's middle half-€43,669below the sector's middle half▼ 4,434%-€75,576below the sector's middle half▼ 73.1%-€112,219below the sector's middle half▼ 48.5%
Total assets€318,107above the sector's middle half▼ 7.9%€189,544within the sector's middle half▼ 40.4%€134,588within the sector's middle half▼ 29.0%€90,990within the sector's middle half▼ 32.4%€54,359below the sector's middle half▼ 40.3%
Debt€279,795▲ 2.9%€190,507▼ 31.9%€178,257▼ 6.4%€166,567▼ 6.6%€166,578=
Working capital€144,942above the sector's middle half▲ 3.0%€60,551within the sector's middle half▼ 58.2%€42,806within the sector's middle half▼ 29.3%€39,617within the sector's middle half▼ 7.4%€40,487within the sector's middle half▲ 2.2%
Solvency12.0%below the sector's middle half▼ 9.2pp-0.5%below the sector's middle half▼ 12.6pp-32.4%below the sector's middle half▼ 31.9pp-83.1%below the sector's middle half▼ 50.6pp-206.4%below the sector's middle half▼ 123.4pp
Current ratio15.54above the sector's middle half▼ 18.3315.61above the sector's middle half▲ 0.0710.70above the sector's middle half▼ 4.9126.29above the sector's middle half▲ 15.5926.66above the sector's middle half▲ 0.37
Return on assets (ROA)-11.0%below the sector's middle half▼ 6.9pp-20.7%below the sector's middle half▼ 9.7pp-31.7%below the sector's middle half▼ 11.0pp-35.1%below the sector's middle half▼ 3.3pp-67.4%below the sector's middle half▼ 32.3pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36,432 in 2025 against €31,740 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €54,359
Fixed assets
€12,294 ▼ 75.3%
Current assets
€42,065 ▲ 2.1%
Key figures and ratios
EBITDA
€708▼
2024 · €5,822
Cash flow
€498▼
2024 · €5,654
Quick ratio
21.07▲
2024 · 20.66
Debt to equity
-1.48▲
2024 · -2.20
Interest coverage
3.37▼
2024 · 33.94
Debt ≤ 1 year
€1,578▲
2024 · €1,567
Debt > 1 year
€165,000=
2024 · €165,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.6%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,622 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,215 | €38,351 | €37,853 | €37,561 | €37,140 | ▼ 1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€404 | - | - | -€2,805 | €11,664 | ▲ 516% |
| Other operating charges640/8 | €10,547 | €2,299 | €7,740 | €7,264 | €7,862 | ▲ 8.2% |
| Gross operating margin9900 | €9,218 | €2,894 | €5,201 | €10,281 | €20,233 | ▲ 96.8% |
| Operating profit (loss)9901 | -€40,139 | -€37,756 | -€40,392 | -€31,740 | -€36,432 | ▼ 14.8% |
| Financial income75/76B | €10,857 | €3,778 | €438 | €4 | €0 | ▼ 99.3% |
| Recurring financial income75 | €10,857 | €3,778 | €438 | €4 | €0 | ▼ 99.3% |
| Financial charges65/66B | €5,759 | €5,296 | €2,752 | €172 | €210 | ▲ 22.5% |
| Recurring financial charges65 | €5,759 | €5,296 | €2,752 | €172 | €210 | ▲ 22.5% |
| Profit (loss) for the period before taxes9903 | -€35,041 | -€39,274 | -€42,706 | -€31,907 | -€36,642 | ▼ 14.8% |
| Profit (loss) for the period9904 | -€35,041 | -€39,274 | -€42,706 | -€31,907 | -€36,642 | ▼ 14.8% |
| Profit (loss) for the period to be appropriated9905 | -€35,041 | -€39,274 | -€42,706 | -€31,907 | -€36,642 | ▼ 14.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €318,107 | €189,544 | €134,588 | €90,990 | €54,359 | ▼ 40.3% |
| Fixed assets21/28 | €163,200 | €124,849 | €87,368 | €49,806 | €12,294 | ▼ 75.3% |
| Tangible fixed assets22/27 | €163,200 | €124,849 | €86,996 | €49,434 | €12,294 | ▼ 75.1% |
| Land and buildings22 | €152,991 | €115,851 | €78,711 | €41,572 | €4,432 | ▼ 89.3% |
| Plant, machinery and equipment23 | €1,055 | €324 | €90 | - | - | - |
| Furniture and vehicles24 | €9,154 | €8,674 | €8,194 | €7,863 | €7,863 | = |
| Financial fixed assets28 | - | - | €372 | €372 | - | - |
| Current assets29/58 | €154,907 | €64,695 | €47,220 | €41,184 | €42,065 | ▲ 2.1% |
| Stocks and contracts in progress3 | €21,342 | €20,932 | €21,639 | €8,819 | €8,819 | = |
| Stocks30/36 | €21,342 | €20,932 | €21,639 | €8,819 | €8,819 | = |
| Amounts receivable within one year40/41 | €6,467 | €6,376 | €1,704 | €14,614 | €18,981 | ▲ 29.9% |
| Trade receivables40 | €3,450 | €5,499 | €233 | €14,614 | €18,320 | ▲ 25.4% |
| Other amounts receivable41 | €3,017 | €877 | €1,471 | - | €661 | - |
| Current investments50/53 | €86,435 | €4,254 | - | - | - | - |
| Cash at bank and in hand54/58 | €38,193 | €30,411 | €20,895 | €14,821 | €10,970 | ▼ 26.0% |
| Deferred charges and accrued income490/1 | €2,471 | €2,722 | €2,983 | €2,930 | €3,296 | ▲ 12.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €318,107 | €189,544 | €134,588 | €90,990 | €54,359 | ▼ 40.3% |
| Equity10/15 | €38,311 | -€963 | -€43,669 | -€75,576 | -€112,219 | ▼ 48.5% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€29,889 | -€69,163 | -€111,869 | -€143,776 | -€180,419 | ▼ 25.5% |
| Amounts payable17/49 | €279,795 | €190,507 | €178,257 | €166,567 | €166,578 | = |
| Amounts payable after more than one year17 | €265,000 | €180,000 | €165,000 | €165,000 | €165,000 | = |
| Financial debts170/4 | €265,000 | €180,000 | €165,000 | €165,000 | €165,000 | = |
| Amounts payable within one year42/48 | €9,965 | €4,144 | €4,415 | €1,567 | €1,578 | ▲ 0.7% |
| Trade debts44 | €4,990 | €1,347 | €2,971 | €88 | €368 | ▲ 319% |
| Suppliers440/4 | €4,990 | €1,347 | €2,971 | €88 | €368 | ▲ 319% |
| Taxes, remuneration and social security45 | - | - | - | €249 | - | - |
| Taxes450/3 | - | - | - | €249 | - | - |
| Other amounts payable47/48 | €4,975 | €2,797 | €1,444 | €1,230 | €1,210 | ▼ 1.6% |
| Accrued charges and deferred income492/3 | €4,830 | €6,363 | €8,843 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€35,041 | -€39,274 | -€42,706 | -€31,907 | -€36,642 | ▼ 14.8% |
| + Depreciation and write-downs630 | €39,215 | €38,351 | €37,853 | €37,561 | €37,140 | ▼ 1.1% |
| Operating cash flow (approximation) | €4,174 | -€924 | -€4,853 | €5,654 | €498 | ▼ 91.2% |
| Investment in fixed assets (approximation) | - | €0 | -€372 | €0 | €372 | - |
| Change in cash | - | -€7,781 | -€9,516 | -€6,074 | -€3,851 | ▲ 36.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 26.29
Current ratio from 10.70 to 26.29; short-term debt falls from €4,415 to €1,567.
19-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
04-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Koekelberg · 1 establishment unit since 2006
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.
Belg.Onafhankelijkheidsln. 1201081 KoekelbergGround area
2,795 m²
Building footprint
525 m²
Volume, LiDAR
3,247 m³
Parcel 23074B0125/00R004, Flanders · tallest building 18.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Berkendreef 7, 1700 Dilbeek
since 20062.158.207.240
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23074B0125/00R004 | Flanders | 2,795 m² | 1 · 525 m² | 18.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 1,136 EUR awarded · 1,136 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,136 EUR | 1,136 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
967600KU3Z01EZISQ418
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Of 30,009 companies in sector 62200 we hold annual accounts for 18,399. 14,915 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-10-1994
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46180Agents specialised in the wholesale of other particular products
47540Retail sale of electrical household appliances
47910Intermediation services for non-specialised retail
Contact
Phone
02/4286072
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453482522
Also
9925:BE0453482522
Registered
15-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.