FALCON-X
ActiveSummary
FALCON-X has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,472 and a net result of €8,441. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 29% of 17239 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+21
Solvency58▲+12
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity tight (current ratio 1.01 against 0.93 in 2024; short-term debt: 31.9% and cash: 20.3% of total assets), and 66.8% of the assets are financed with debt.
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Signals
Five 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.2%
Return on assets
7.7%
Age of the figures
9 mo
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 03-06-2026, 58 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
58 d early
2024
55 d early
2023
47 d early
2022
48 d early
2021
54 d early
2020
67 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 55 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 7 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€36,472▲ 23.1%
2024 · €29,633
Total assets
€110,014▼ 21.7%
2024 · €140,424
Net result
€8,441▲ 74.9%
2024 · €4,825
Working capital
€404
2024 · -€3,375
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€23,857▲ 84.1%-€2,431€14,931€13,528▼ 9.4%€16,563▲ 22.4%
Net result€16,739within the sector's middle half▲ 101%-€4,247below the sector's middle half€9,316within the sector's middle half€4,825within the sector's middle half▼ 48.2%€8,441within the sector's middle half▲ 74.9%
Equity€22,987below the sector's middle half▲ 195%€18,740below the sector's middle half▼ 18.5%€26,454within the sector's middle half▲ 41.2%€29,633within the sector's middle half▲ 12.0%€36,472within the sector's middle half▲ 23.1%
Total assets€75,641within the sector's middle half▲ 133%€54,382below the sector's middle half▼ 28.1%€78,905within the sector's middle half▲ 45.1%€140,424within the sector's middle half▲ 78.0%€110,014within the sector's middle half▼ 21.7%
Debt€52,654▲ 114%€35,642▼ 32.3%€52,451▲ 47.2%€110,791▲ 111%€73,541▼ 33.6%
Working capital€4,802below the sector's middle half▲ 680%€714below the sector's middle half▼ 85.1%€2,674below the sector's middle half▲ 275%-€3,375below the sector's middle half€404below the sector's middle half
Solvency30.4%below the sector's middle half▲ 6.4pp34.5%within the sector's middle half▲ 4.1pp33.5%within the sector's middle half▼ 0.9pp21.1%below the sector's middle half▼ 12.4pp33.2%within the sector's middle half▲ 12.0pp
Current ratio1.11below the sector's middle half▲ 0.081.02below the sector's middle half▼ 0.091.07below the sector's middle half▲ 0.050.93below the sector's middle half▼ 0.141.01below the sector's middle half▲ 0.08
Return on assets (ROA)22.1%within the sector's middle half▼ 3.6pp-7.8%below the sector's middle half▼ 29.9pp11.8%within the sector's middle half▲ 19.6pp3.4%below the sector's middle half▼ 8.4pp7.7%within the sector's middle half▲ 4.2pp
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 recovers in 2025; 2025 is 22% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €110,014
Fixed assets
€74,537 ▼ 21.8%
Current assets
€35,477 ▼ 21.2%
Equity and liabilities €110,014
Equity
€36,472 ▲ 23.1%
Debt
€73,541 ▼ 33.6%
Debt's share of the balance-sheet total falls from 78.9% to 66.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39,639▲
2024 · €23,575
Cash flow
€31,517▲
2024 · €14,872
Debt to equity
2.02▼
2024 · 3.74
ROE
23.1%▲
2024 · 16.3%
Interest coverage
10.31▲
2024 · 4.02
Debt ≤ 1 year
€35,074▼
2024 · €48,424
Debt > 1 year
€37,835▼
2024 · €60,883
Income taxes
€4,370▲
2024 · €2,847
Staff costs
€27,361▼
2024 · €29,811
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% | 1.8% |
| 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 26,975 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €6,579 | - | - |
| Remuneration, social security and pensions62 | €8,440 | €30,350 | €31,210 | €29,811 | €27,361 | ▼ 8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,651 | €7,588 | €9,515 | €10,047 | €23,076 | ▲ 130% |
| Other operating charges640/8 | €646 | €996 | €1,207 | €1,486 | €1,770 | ▲ 19.1% |
| Non-recurring operating charges66A | €62 | - | - | €2,991 | - | - |
| Gross operating margin9900 | €39,656 | €36,503 | €56,863 | €57,863 | €68,769 | ▲ 18.8% |
| Operating profit (loss)9901 | €23,857 | -€2,431 | €14,931 | €13,528 | €16,563 | ▲ 22.4% |
| Financial income75/76B | - | €0 | €21 | €11 | €93 | ▲ 727% |
| Recurring financial income75 | - | €0 | €21 | €11 | €93 | ▲ 727% |
| Financial charges65/66B | €1,590 | €1,344 | €1,978 | €5,868 | €3,845 | ▼ 34.5% |
| Recurring financial charges65 | €1,590 | €1,344 | €1,978 | €5,868 | €3,845 | ▼ 34.5% |
| Profit (loss) for the period before taxes9903 | €22,267 | -€3,774 | €12,974 | €7,672 | €12,812 | ▲ 67.0% |
| Income taxes67/77 | €5,528 | €473 | €3,657 | €2,847 | €4,370 | ▲ 53.5% |
| Profit (loss) for the period9904 | €16,739 | -€4,247 | €9,316 | €4,825 | €8,441 | ▲ 74.9% |
| Profit (loss) for the period to be appropriated9905 | €16,739 | -€4,247 | €9,316 | €4,825 | €8,441 | ▲ 74.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €75,641 | €54,382 | €78,905 | €140,424 | €110,014 | ▼ 21.7% |
| Fixed assets21/28 | €26,326 | €19,883 | €39,738 | €95,375 | €74,537 | ▼ 21.8% |
| Tangible fixed assets22/27 | €26,326 | €19,883 | €39,738 | €95,375 | €74,537 | ▼ 21.8% |
| Land and buildings22 | - | - | €5,309 | €4,764 | €4,218 | ▼ 11.5% |
| Plant, machinery and equipment23 | €3,535 | €3,913 | €2,943 | €1,973 | €1,003 | ▼ 49.2% |
| Furniture and vehicles24 | €22,790 | €15,969 | €31,486 | €38,878 | €29,787 | ▼ 23.4% |
| Leasing and similar rights25 | - | - | - | €49,760 | €39,528 | ▼ 20.6% |
| Current assets29/58 | €49,315 | €34,499 | €39,167 | €45,049 | €35,477 | ▼ 21.2% |
| Amounts receivable within one year40/41 | €35,644 | €17,377 | €20,937 | €34,646 | €13,172 | ▼ 62.0% |
| Trade receivables40 | €35,639 | €17,367 | €19,584 | €31,136 | €8,894 | ▼ 71.4% |
| Other amounts receivable41 | €5 | €10 | €1,353 | €3,510 | €4,278 | ▲ 21.9% |
| Cash at bank and in hand54/58 | €13,671 | €17,122 | €18,230 | €10,404 | €22,305 | ▲ 114% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €75,641 | €54,382 | €78,905 | €140,424 | €110,014 | ▼ 21.7% |
| Equity10/15 | €22,987 | €18,740 | €26,454 | €29,633 | €36,472 | ▲ 23.1% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €21,987 | €21,987 | €25,454 | €28,633 | €35,472 | ▲ 23.9% |
| Distributable reserves133 | €21,987 | €21,987 | €25,454 | €28,633 | €35,472 | ▲ 23.9% |
| Profit (loss) carried forward14 | - | -€4,247 | - | - | - | - |
| Amounts payable17/49 | €52,654 | €35,642 | €52,451 | €110,791 | €73,541 | ▼ 33.6% |
| Amounts payable after more than one year17 | €7,158 | €1,035 | €15,167 | €60,883 | €37,835 | ▼ 37.9% |
| Financial debts170/4 | €7,158 | €1,035 | €15,167 | €60,883 | €37,835 | ▼ 37.9% |
| Amounts payable within one year42/48 | €44,514 | €33,785 | €36,493 | €48,424 | €35,074 | ▼ 27.6% |
| Current portion of amounts payable after more than one year42 | €5,974 | €6,123 | €11,174 | €22,768 | €23,914 | ▲ 5.0% |
| Trade debts44 | €6,806 | €4,508 | €2,390 | €1,525 | €644 | ▼ 57.8% |
| Suppliers440/4 | €6,806 | €4,508 | €2,390 | €1,525 | €644 | ▼ 57.8% |
| Taxes, remuneration and social security45 | €14,507 | €8,469 | €6,769 | €12,681 | €1,760 | ▼ 86.1% |
| Taxes450/3 | €13,035 | €8,469 | €6,769 | €7,490 | €1,760 | ▼ 76.5% |
| Remuneration and social security454/9 | €1,472 | - | - | €5,191 | - | - |
| Other amounts payable47/48 | €17,227 | €14,685 | €16,160 | €11,450 | €8,756 | ▼ 23.5% |
| Accrued charges and deferred income492/3 | €982 | €821 | €791 | €1,483 | €633 | ▼ 57.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,739 | -€4,247 | €9,316 | €4,825 | €8,441 | ▲ 74.9% |
| + Depreciation and write-downs630 | €6,651 | €7,588 | €9,515 | €10,047 | €23,076 | ▲ 130% |
| Operating cash flow (approximation) | €23,389 | €3,341 | €18,831 | €14,872 | €31,517 | ▲ 112% |
| Investment in fixed assets (approximation) | - | -€1,145 | -€29,370 | -€65,684 | -€2,237 | ▲ 96.6% |
| Change in cash | - | €3,451 | €1,108 | -€7,826 | €11,901 | ▲ 252% |
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
01-07
State Gazette act
Registered officeRegistered-office move · Director in office3 facts ▸
State Gazette act
Registered office
Registered-office move · Director in office3 facts ▸
- Board meeting, 02-06-2026
- Registered-office move, Boerenkrijglaan 11, 9120 Beveren-Kruibeke-Zwijndrecht
- Director in office, Smet Andy (director)
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €9,316
Net result €9,316 after one loss-making year.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€4,247
Net result drops to -€4,247, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €16,739 ▲101%
Operating result €23,857, net result €16,739, both a record.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 2 establishment units since 2019
Ground area
1,841 m²
Building footprint
385 m²
Volume, LiDAR
1,761 m³
2 parcels, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
FALCON-X
since 20192.290.442.489
FALCON-X
since 20262.390.521.943
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46016C1007/00M000 | Flanders | 992 m² | 1 · 201 m² | 9.2 m · 2 fl. |
| 46009C0302/00V000 | Flanders | 849 m² | 1 · 183 m² | 5.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30,008 companies in sector 62200 we hold annual accounts for 18,400. 14,785 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
Founded03-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
59113Video and film production, excluding cinema and television films
62100Computer programming
E-invoicing
Reachable via Peppol
Peppol ID
0208:0727686278
Also
9925:BE0727686278
Registered
02-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.