Equity
€40,381 ▲ 28.9%
EWODEL paid out €9,000 in dividends. That is 50% of the 2025 profit.
EWODEL
Overview
Lifetime
4 annual accounts with figures on one time axispeak €43,417 (2022)
€29,575▲ 49.7%
peak €31,297 (2022)
€18,052▲ 71.0%
peak €40,381 (2025)
€40,381▲ 28.9%
€42,688▲ 55.5%
Board1 name since 2021
1 directorFélix BOISSEAU
Documentsfilings and deeds
08-07-202623 days before the deadline
2025micro format
Gross margin from €19,762 to €29,575Result from €10,558 to €18,052Dividend €9,000Equity from €31,328 to €40,381Debts from €27,460 to €42,688Cash from €21,805 to €52,052
Key points
from the 2025 annual accountsChecked score
95
Excellent
Financially stronger than 59% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: 0.1%▲ +0.1 percentage points vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 2.45, cash €52,052
Size: total assets €83,069
Equity €40,381 (48.6% of total assets)
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 42% of them on solvency, 64% on liquidity, 60% on profitability and 71% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as EWODEL has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of EWODEL itself is lower: < 0.1% within 12 months. It rests on far more data about EWODEL than the profile alone.
Test of the method
The method was tested on the 497,447 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 39,278 companies, not a prediction for EWODEL. 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.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.45 (2.75 in 2024), above the usual 1.5. Short-term debt is 40.5% and cash 62.7% of total assets. However, 51.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 08-07-2026, 23 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
23 days early
2024
6 days early
2023
22 days late
2022
4 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 1 day before 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0778286230
First establishment
Rue Jules Masy 41, Geer
Incorporation
Founding capital of €2,200, 100 shares · Founder: Félix BOISSEAU · Appointment: Félix BOISSEAU (director) · published on 08-12-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EWODEL Geer | €83,069 | €29,575 | 48.6% | - |
| DONE ROAD Herstal | €81,373 | €29,619 | 53.9% | - |
| KYAMS Ixelles | €77,775 | €29,822 | 68.4% | - |
| Safe Information Technology Woluwe-Saint-Lambert | €87,526 | €30,738 | 60.6% | - |
| MBITS Bruges | €81,161 | €30,138 | 18.0% | - |
| C. Branchereau Consulting Ganshoren | €84,802 | €33,401 | 20.5% | - |
| All-Ct Kortrijk | €84,501 | €30,182 | 55.2% | - |
These companies have the same main activity as EWODEL: computer programming (NACE 62100). They are comparable in size and age: total assets between €77,800 and €87,500, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 06-12-2021Normal situation
- Activity
- Computer programmingNACE 62100and 2 others
- Establishment unit
- 2.326.107.6094253 Geer, since 01-01-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 04-09-2025
Annual accounts 2025
- €29,575▲ 49.7%
- €18,052▲ 71.0%
- €40,381▲ 28.9%
- €83,069▲ 41.3%
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on EWODEL
EWODEL files the micro format. That format states no turnover. The gross margin fell from €43,417 in 2022 to €29,575 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 08-07-2026, 23 days before the deadline€29,575
▲ 49.7%
€28,820
▲ 54.1%
€18,052
▲ 71.0%
€48,732
▲ 31.4%
48.6%
▼ 4.7 percentage points
2.45
▼ 0.30
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €96,000. Estimated: probably between €76,000 and €130,000.
Balance sheet
balance sheet total €83,069 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
48.6%
Higher than 40% of 21,208 companies in 2025.
2.45
Higher than 50% of 20,571 companies in 2025.
21.7%
Higher than 56% of 20,746 companies in 2025.
EWODEL
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
83,069 | 58,789 | 59,237 | 41,236 | |
21/28 |
704 | 502 | 1,564 | 2,627 | |
22/27 |
704 | 502 | 1,564 | 2,627 | |
24 |
704 | 502 | 1,564 | 2,627 | |
29/58 |
82,365 | 58,287 | 57,673 | 38,609 | |
40/41 |
8,113 | 36,482 | 24,114 | 23,697 | |
40 |
7,198 | 33,459 | 20,981 | 22,774 | |
41 |
915 | 3,022 | 3,133 | 924 | |
54/58 |
52,052 | 21,805 | 33,306 | 13,810 | |
490/1 |
22,200 | - | 253 | 1,102 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
83,069 | 58,789 | 59,237 | 41,236 | |
10/15 |
40,381 | 31,328 | 27,021 | 17,103 | |
10/11 |
2,200 | 2,200 | 2,200 | 2,200 | |
13 |
37,310 | 29,128 | 24,821 | 14,903 | |
133 |
37,310 | 29,128 | 24,821 | 14,903 | |
14 |
871 | - | - | - | |
17/49 |
42,688 | 27,460 | 32,217 | 24,133 | |
42/48 |
33,633 | 21,210 | 32,217 | 24,133 | |
44 |
19,874 | 10,824 | 11,710 | 1,172 | |
440/4 |
19,874 | 10,824 | 11,710 | 1,172 | |
45 |
10,185 | 9,962 | 10,088 | 6,496 | |
450/3 |
10,185 | 6,962 | 7,088 | 6,496 | |
454/9 |
- | 3,000 | 3,000 | - | |
47/48 |
3,574 | 425 | 10,418 | 16,465 | |
492/3 |
9,055 | 6,250 | - | - | |
| Income statement | |||||
9900 |
29,575 | 19,762 | 27,695 | 43,417 | |
630 |
754 | 1,063 | 1,063 | 561 | |
9901 |
28,820 | 18,699 | 26,632 | 42,856 | |
75/76B |
14 | 3 | 0 | - | |
75 |
14 | 3 | 0 | - | |
65/66B |
3,412 | 3,103 | 1,431 | 697 | |
65 |
3,412 | 3,103 | 1,431 | 697 | |
9903 |
25,422 | 15,599 | 25,201 | 42,160 | |
67/77 |
7,370 | 5,041 | 7,083 | 10,863 | |
9904 |
18,052 | 10,558 | 18,118 | 31,297 | |
9905 |
18,052 | 10,558 | 18,118 | 31,297 | |
| Appropriation of the result | |||||
9906 |
18,052 | 10,558 | 18,118 | 31,297 | |
691/2 |
8,182 | 4,308 | 9,917 | 14,903 | |
6921 |
8,182 | 4,308 | 9,917 | 14,903 | |
694/7 |
9,000 | 6,250 | 8,201 | 16,394 | |
694 |
9,000 | 6,250 | 8,201 | 16,394 | |
| Social balance sheet | |||||
Hours worked1013 |
- | - | 0 | - | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 08-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 29,575 | 19,762 | 27,695 | 43,417 | ||
| 18,807 | 11,620 | 19,181 | 31,858 | ||
| 957 | 0 | 0 | 3,187 | ||
| 30,247 | -11,500 | 19,496 | - | ||
| 48,732 | 37,077 | 25,456 | 14,476 | ||
| 48.6% | 53.3% | 45.6% | 41.5% | ||
| 2.45 | 2.75 | 1.79 | 1.60 | ||
| 1.06 | 0.88 | 1.19 | 1.41 | ||
| 44.7% | 33.7% | 67.1% | 183.0% | ||
| 21.7% | 18.0% | 30.6% | 75.9% | ||
| 8.67 | 6.37 | 19.35 | 62.32 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2023 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2023 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €957 | - | - | €3,187 |
| €754 | €1,063 | €1,063 | €561 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on EWODEL
The operating result for 2025 is 54% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 46.7% to 51.4%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 06-12-2021
term without a fixed end
listed in the 2025 annual accounts, filed on 08-07-2026
Mandates through the years
1 name, the dashed line is todayFélix BOISSEAU
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- Félix BOISSEAU
- Director (not named in the articles), from 06-12-2021 to date
Control
Capital
- Contribution
- €2,200
- Shares
- 100
- Contribution per share
- €22
- Equity per share
- €404 in 2025
- Source
- deed of 08-12-2021
Articles of association
deed of 08-12-2021 (in French)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Représentant permanent suppléant peut être désigné si personne morale est administrateur unique”“Peut déléguer des pouvoirs spéciaux à tout mandataire,actionnaire ou non”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of May at 18:00
Shareholders
At incorporation
deed of 08-12-2021 ↗
- Félix BOISSEAU 100 shares (100%) · €2,200 in cash
Network & group
No group
EWODEL has no parent and no holdings in its annual accounts. Félix BOISSEAU is the only director. EWODEL shares no director with another company.
Timeline
Timeline
8 events since 2021Filings
Financial
Establishments
202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 23 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0778286230
Annual accounts 2024 filed PDFmicro format · 6 days before the deadline
2024
Weakest financial year net €10,558 ▼41.7% The net result drops to €10,558, the lowest from 2022 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 22 days late
2023
Annual accounts 2022 filed PDFmicro format · 4 days late
2022
First establishment Rue Jules Masy 41, Geer
2021
IncorporationFounding capital of €2,200, 100 shares · Founder: Félix BOISSEAU · Appointment: Félix BOISSEAU (director) · published on 08-12-20216 points ▸
- Registered office clause, Rue Jules Masy 41, 4253 Geer
- Board rule, 1
- Director appointment, Félix BOISSEAU (director (not named in the articles))
- Founder, Félix BOISSEAU
- Founding capital, €2,200, 100 shares
- Share issue, 100
- The deed holds 1 more point.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
EWODEL was incorporated on 6 December 2021 as a private limited company by one natural person, with a starting capital of €2,200.12 Since 2021, Félix BOISSEAU has served as director.3 Total assets rose from €41,236 in 2022 to €83,069 in 2025.4
Company details
Identity
- Enterprise number
- 0778.286.230
- VAT number
- BE 0778.286.230
- Peppol ID
- 0208:0778286230
- Other Peppol ID
- 9925:BE0778286230
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 06-12-2021
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of May at 18:00deed of 08-12-2021 (in French)
- Peppol
- Reachable since 04-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- EWODEL in French
- Entity type
- Legal entity
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
62020
IT consultancy
62030
Computer programming, consultancy and related activities
62090
Computer programming, consultancy and related activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Toutes les activités liées à l’informatique et notamment,l’hébergement de web et de serveur mail,la gestion des noms domaines,le support…”deed of 08-12-2021 (in French)
5 activities
- Toutes les activités liées à l’informatique et notamment,l’hébergement de web et de serveur mail,la gestion des noms domaines,le support helpdesk et l’assistance technique,les prestations de services ICT,la recherche et le développement de service ICT,les prestations de consultance et commerciales IT,le placement de câbles informatiques,l’administration de base de données,l’édition et le développement de logiciels,l’administration de réseaux et de système et l’activité d’architecte de système d’informations
- L’activité de formateur informatique et l’organisation de tout colloque,foires ou séminaires liés à l’informatique
- La conception,l'étude,la promotion et la réalisation de tous projets informatiques,bureautiques et tout ce qui s'y rapporte
- La réalisation,pour son compte propre,de toutes opérations foncières et immobilières et notamment:l’achat,la vente,l’échange,la construction,la reconstruction,la démolition,la transformation,l’exploitation,la location et la gérance de tous immeubles bâtis,meublés ou non
- L’achat,la vente,l’échange,la mise en valeur,le lotissement,l’exploitation,la location et l’affermage de tous immeubles non bâtis
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue Jules Masy 41 registered office 4253 Geer | 01-01-2022 | 2.326.107.609 |
Buildings and parcels at the address
- Ground area
- 1,258 m²
- Buildings
- 119 m²
- Volume, LiDAR
- 612 m³
- Tallest building
- 8.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 64022A0090/00K000 | 1,258 m² | 1 · 119 m² | 8.8 m · 2 |