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FFECTIVE

Active Private limited companyfounded 2020active for 6 yearsBlekerijstraat 87, 9000 GhentKBO/BCE: BE 0744.925.653

Overview

Lifetime

6 annual accounts with figures on one time axis
peak €87,548 (2025)
€87,548▲ 14.2%
peak €67,347 (2025)
€67,347▲ 14.3%
peak €188,218 (2023)
€1,070▼ 98.3%
€124,076▲ 835%
Board1 name since 2020
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €76,644 to €87,548Dividend €128,400Equity from €62,123 to €1,070Debts from €13,273 to €124,076Cash from €40,297 to €94,518

Key points

from the 2025 annual accounts

Equity

€1,070 from €188,218 in 2023

Equity fell by 99% in 2 years.

Turnover

≈ €200,000 estimated

The micro format states no turnover.

Debts

€124,076 99% of the balance sheet
Suppliers 2%Taxes and wages 6%Other 92%

Liquidity

0.99 was 5.35 in 2024

Short-term debts rose from €13,273 to €124,076.

Filings

6 annual accounts 1 late
AprilJune31 JulyOctober202020222024

The 2024 accounts came 20 days late. The other five were filed on time.

Position in the sector

€1,070

Less equity than 90% of companies in computer programming and consultancy. Sector median €69,072 · 21,214 companies.

Checked score

86
Excellent
Financially stronger than 31% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% 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).

About 2 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 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged 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 06-2025 08-2025: < 0.1%● unchanged 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%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value

Financial strength
Average

26-74equity 0.9% of total assets
50-45short-term debt 99.1% · cash 75.5%
100=return on assets 53.8%

Score breakdown

raises risk
1 change of registered office in 24 months
Equity €1,070 (0.9% of total assets)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 0.99, cash €94,518
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, 27% on liquidity, 82% on profitability and 4% 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, 2,153 companies had the same profile as FFECTIVE has now. Each dot stands for 6 companies, two years later.

96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of FFECTIVE itself is lower: 0.2% within 12 months. It rests on far more data about FFECTIVE 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,153 companies, not a prediction for FFECTIVE. 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 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

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 0.99, cash €94,518
NBB · annual accounts
raises risk · Equity €1,070 (0.9% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 21208 sector peers (2025).
NBB · sector comparison
Position among 21208 sector peers
Solvency
better than 10%
← weakest strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
1 day early
2024
20 days late
2023
35 days early
2022
32 days early
2021
32 days early
2020
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 19 days 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 29 June (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

  • BEIRNAERT Simon Hans 100 sharesdeed of 12-03-2020
Board & ownership

Recent changes

Registered office moved from Temse to Ghent New registered office: Blekerijstraat 87, 9000 Gent · Previous registered office: Hogenakkerstraat 24, 9140 Temse · Board meeting of 08-09-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0744925653
Registered office moved within Temse New registered office: Hogenakkerstraat 24, 9140 Temse · Previous registered office: Arthur Van Daelestraat 5, 9140 Temse · Board meeting of 25-07-2022 · Gazette deed
Incorporation Founding capital of €1,000, 100 shares · Founder: BEIRNAERT Simon Hans · Appointment: BEIRNAERT Simon Hans (director) · published on 12-03-2020 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
FFECTIVE Ghent €125,146 €87,548 0.9% -
Gruloos Solutions Oudenaarde €131,460 €81,404 21.6% -
DIGILEAPS Geraardsbergen €143,022 €97,279 73.7% -
SYLPHANY Wavre €122,222 €85,395 3.3% -
CODYNAMICS Schaerbeek €127,809 €92,030 2.3% -
DC DESIGN Sint-Truiden €122,223 €76,360 25.7% 0.9
XYZ Group Zaventem €113,933 €78,982 41.9% -

These companies have the same main activity as FFECTIVE: computer programming (NACE 62100). They are comparable in size and age: total assets between €114,000 and €143,000, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 10-03-2020Normal situation
Activity
Computer programmingNACE 62100and 1 other
Establishment unit
2.300.138.2349000 Ghent, since 10-03-2020
Financial year end
31 December
Peppol
Reachable since 12-02-2025
Company details

Annual accounts 2025

€87,548▲ 14.2%
€67,347▲ 14.3%
€1,070▼ 98.3%
€125,146▲ 66.0%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on FFECTIVE

FFECTIVE files the micro format. That format states no turnover. The gross margin rose from €49,126 in 2020 to €87,548 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-07-2026, 1 day before the deadline
€87,548
▲ 14.2%
€84,893
▲ 15.4%
€67,347
▲ 14.3%
-€1,219
▼ €58,942
0.9%
▼ 81.5 percentage points
0.99
▼ 4.36

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 ≈ €200,000. Estimated: probably between €170,000 and €260,000.

Balance sheet

balance sheet total €125,146 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

0.9%

Higher than 10% of 21,208 companies in 2025.

0.99

Higher than 17% of 20,571 companies in 2025.

53.8%

Higher than 87% of 20,746 companies in 2025.

FFECTIVE Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 125,14675,396205,060150,55999,22356,590
21/28 2,2884,4005,3647,3304,8553,253
22/27 1,9884,1005,0647,0304,5552,953
23 4421,4952,9274,0733,212745
24 1,5472,6052,1372,9571,3422,209
28 300300300300300300
29/58 122,85870,997199,696143,22994,36853,337
40/41 26,84029,60236,26230,89130,20225,555
40 26,29929,07030,64930,89130,20225,555
41 5415315,613---
54/58 94,51840,297162,557111,47263,21526,890
490/1 1,5001,098877866951891
Balance sheet: equity and liabilities
10/49 125,14675,396205,060150,55999,22356,590
10/15 1,07062,123188,218135,38882,46038,615
10/11 1,0001,0001,0001,0001,0001,000
13 060,000185,000130,00080,00035,000
133 060,000185,000130,00080,00035,000
14 701,1232,2184,3881,4602,615
17/49 124,07613,27316,84215,17116,76317,975
42/48 124,07613,27316,84215,17116,76317,975
44 2,3161,5061,8764,8522,4191,850
440/4 2,3161,5061,8764,8522,4191,850
45 7,20511,02914,96510,19513,0086,384
450/3 7,2058,52912,46510,19510,5083,884
454/9 02,5002,500-2,5002,500
47/48 114,556737-1241,3369,742
Income statement
9900 87,54876,64469,86870,39756,72549,126
630 2,1112,5022,5052,4251,341701
640/8 54459258079955880
9901 84,89373,55166,78367,17355,32947,545
75/76B 0--04-
75 0--04-
65/66B 5555323257349388
65 5555323257349388
9903 84,83773,49566,46066,91654,98447,157
67/77 17,49114,59013,63013,98811,1399,543
9904 67,34758,90552,83152,92843,84537,615
9905 67,34758,90552,83152,92843,84537,615
Appropriation of the result
9906 68,47061,12357,21854,38846,46037,615
14P 1,1232,2184,3881,4602,615-
791/2 60,000185,000----
691/2 060,00055,00050,00045,00035,000
6921 060,00055,00050,00045,00035,000
694/7 128,400185,000----
694 128,400185,000----
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 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 30-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 30-07-2026 2026-00358615 PDF
31-12-2024 micro format 20-08-2025 2025-00385909 PDF
31-12-2023 micro format 26-06-2024 2024-00162271 PDF
31-12-2022 micro format 29-06-2023 2023-00171028 PDF
31-12-2021 micro format 29-06-2022 2022-20104218 PDF
31-12-2020 micro format 30-06-2021 2021-26800509 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
87,00476,05269,28869,59856,67048,246
69,45861,40755,33555,35245,18638,316
01,5375384,9002,9433,955
54,221-122,26051,08548,25736,325-
-1,21957,724182,854128,05777,60535,361
0.9%82.4%91.8%89.9%83.1%68.2%
0.995.3511.869.445.632.97
-0.210.090.110.200.47
-94.8%28.1%39.1%53.2%97.4%
53.8%78.1%25.8%35.2%44.2%66.5%
over 100over 100over 100over 100over 100-

A ratio outside any meaningful range has been withheld (balance sheet total €125,146, equity €1,070).

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€1,537€538€4,900€2,943
Financial fixed assets€0----
€2,111€2,502€2,505€2,425€1,341

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on FFECTIVE

The operating result for 2025 is 15% higher than in 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.

Debt's share of the balance-sheet total rises from 17.6% to 99.1%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, since incorporation
Director
appointed by deed of 12-03-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 30-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 12-03-2020

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Board
Mandates as a list
  • BEIRNAERT Simon Hans
    • Director, appointed by deed of 12-03-2020, still in office

See the board, name and registered office on a given date →

Control

This company
FFECTIVE
Equity €1,070
Profit €67,347 in 2025

Capital

Contribution
€1,000
Shares
100
Contribution per share
€10
Equity per share
€10.70 in 2025
Source
deed of 12-03-2020

Articles of association

deed of 12-03-2020 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of June at 15:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
No statutory auditor

Shareholders

At incorporation deed of 12-03-2020 ↗

Network & group

No group

FFECTIVE has no parent and no holdings in its annual accounts. BEIRNAERT Simon Hans is the only director. FFECTIVE shares no director with another company.

Timeline

Timeline

14 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Registered office moved from Temse to GhentNew registered office: Blekerijstraat 87, 9000 Gent · Previous registered office: Hogenakkerstraat 24, 9140 Temse · Board meeting of 08-09-20262 points ▸
  • Board meeting, 08-09-2026
  • Registered-office move, Blekerijstraat 87, 9000 Gent

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBmicro format · 1 day before the deadline
2025
Highest result from 2020 to 2025 net €67,347 ▲14.3% The operating result of €84,893 and the net result of €67,347 are both a record.
Annual accounts 2024 filed PDFmicro format · 20 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0744925653
2024
Annual accounts 2023 filed PDFmicro format · 35 days before the deadline
2023
Equity above €150,000 equity €188,218 ▲39% With a profit in every financial year since 2020, equity grows to €188,218.
Annual accounts 2022 filed PDFmicro format · 32 days before the deadline
2022
Equity above €100,000 equity €135,388 ▲64.2% With a profit in every financial year since 2020, equity grows to €135,388.
Registered office moved within TemseNew registered office: Hogenakkerstraat 24, 9140 Temse · Previous registered office: Arthur Van Daelestraat 5, 9140 Temse · Board meeting of 25-07-20222 points ▸
  • Board meeting, 25-07-2022
  • Registered-office move, Hogenakkerstraat 24, 9140 Temse

Open the deed in the Belgian Official Gazette

Annual accounts 2021 filed PDFmicro format · 32 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 31 days before the deadline
2020
IncorporationFounding capital of €1,000, 100 shares · Founder: BEIRNAERT Simon Hans · Appointment: BEIRNAERT Simon Hans (director) · published on 12-03-20203 points ▸

Open the deed in the Belgian Official Gazette

First establishment Blekerijstraat 87, Ghent

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

FFECTIVE was incorporated on 10 March 2020 as a private limited company by one natural person, with a starting capital of €1,000.12 The registered office moved to Temse in 2022 and to Ghent in 2026.34 BEIRNAERT Simon Hans is director of the company, appointed by deed of 12-03-2020.2 Total assets rose from €56,590 in 2020 to €125,146 in 2025.5

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-03-2020
  3. 3Belgian Official Gazette, 10-08-2022
  4. 4Belgian Official Gazette, 14-09-2026
  5. 5National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0744.925.653
VAT number
BE 0744.925.653
Peppol ID
0208:0744925653
Other Peppol ID
9925:BE0744925653
Legal form
Private limited company
Status
Active, normal situation
Founded
10-03-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Saturday of June at 15:00
deed of 12-03-2020 (in Dutch)
Peppol
Reachable since 12-02-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
FFECTIVE in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-03-2020 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Arthur van Daelestraat 5, 9140 Temse”
deed of 12-03-2020 (in Dutch)

Activities

NACEBEL 2025
62100 Computer programming main activity
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
62090 Computer programming, consultancy and related activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het verlenen van advies,bijstand,beheer en diensten op het gebied van informatica.Evenals onderhoud en support voor computer hardware en…”
15 activities
  1. Het verlenen van advies,bijstand,beheer en diensten op het gebied van informatica.Evenals onderhoud en support voor computer hardware en software;
  2. Het leveren van advies en diensten en het uitvoeren van projectwerk rond ICT,digitalisering,elektronica;
  3. Handel in computer hardware en software;
  4. Alle activiteiten in verband met de ontwikkeling van computerprogramma’s en de uitvoering van werken op computer;
  5. Het ontwerpen en ontwikkelen van elektronica en gadgets;
  6. Ontwikkelen van websites,grafische vormgeving,maken van lay-outs,hosting van websites,beheren van websites en internetapplicaties;
  7. Overig adviesbureau op gebied van bedrijfsbeheer en bedrijfsvoering;
  8. Management activiteiten van holdings;
  9. Overige zakelijke dienstverlening;
  10. Beheer,verhuur,handel en exploitatie van eigen of geleasd onroerend goed;
  11. De deelneming onder gelijk werk vorm aan de oprichting,uitbreiding,omzetting,fusie,opslorping en de controle van ondernemingen van gelijk welke aard en het verlenen aan ondernemingen van leningen,voorschotten of borgstellingen.
  12. Het aanhouden van aandelen in andere al dan niet beursgenoteerde vennootschappen ter uitbouw van een aandelenportefeuille in de vennootschap;
  13. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals onder meer erfpacht- en opstalrechten en de huurfinanciering van onroerende goederen aan derden,het aankopen en verkopen zowel in volle eigendom als in vruchtgebruik en/of blote eigendom,ruilen,doen bouwen,doen verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren,en uitbaten van onroerende goederen,de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen.
  14. Het beleggen van beschikbare middelen in roerende goederen en waarden en het beheer van beleggingen en vermogens,zonder evenwel die handelingen van vermogensbeheer te stellen waarvoor krachtens bijzondere wetgeving bijkomende voorwaarden worden gesteld.
  15. Het verwerven,te gelde maken,inbrengen,afstaan en verhandelen door uitgiften of andere middelen van alle soorten marktwaarden,aandelen of obligaties,van participaties of belangen onder gelijk welke vorm in Belgische of buitenlandse vennootschappen,bestaande of op te richten,waarvoor in de wetgeving geen bijkomende bijzondere eisen zijn opgelegd.
deed of 12-03-2020 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Blekerijstraat 87 registered office 9000 Ghent 10-03-2020 2.300.138.234

Buildings and parcels at the address

Ground area
157 m²
Buildings
157 m²
Volume, LiDAR
1,210 m³
Tallest building
12.5 m
Buildings to scale, each on its own parcel
157 m², 12.5 m 157 m², 12.5 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
44021A2901/00V002157 m² 1 · 157 m² 12.5 m · 2