FIND
ActiveSummary
FIND has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106,138 and a net result of €39,680. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 14% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability68▼-18
Solvency40▲+1
Growth67▼-1
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.99 against 1.02 in 2023; short-term debt: 60.9% and cash: 5.8% of total assets), and 85.5% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 →
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 · 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 2024Solvency, return and age of the figures
Solvency
14.5%
Return on assets
5.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 20783 sector peers (2024).
NBB · sector comparisonPosition among 20783 sector peers
Solvency
better than 14%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-12-2025, 152 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
152 d late
2023
218 d late
2022
21 d late
2021
17 d late
2020
18 d late
2019
19 d late
← 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 74 days after 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 (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#1 oldest company in Braine-le-Comte, Telecoms and IT sector#6 company by total assets in Braine-le-Comte, Telecoms and IT sector
Turnover
€861,770▲ 2.3%
2023 · €842,130
EBIT margin
7.7%▼ 4.3pp
2023 · 12.0%
Net result
€39,680▼ 43.4%
2023 · €70,081
Working capital
-€2,972
2023 · €11,485
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
Line20202021202220232024
Turnover€735,350▼ 0.7%€782,661▲ 6.4%€775,164▼ 1.0%€842,130▲ 8.6%€861,770▲ 2.3%
Operating result€60,006▲ 733%€43,172▼ 28.1%€45,581▲ 5.6%€101,348▲ 122%€66,661▼ 34.2%
Net result€21,040within the sector's middle half▼ 53.2%€29,839within the sector's middle half▲ 41.8%€29,477within the sector's middle half▼ 1.2%€70,081above the sector's middle half▲ 138%€39,680within the sector's middle half▼ 43.4%
EBIT margin8.2%▲ 7.2pp5.5%▼ 2.6pp5.9%▲ 0.4pp12.0%▲ 6.2pp7.7%▼ 4.3pp
Equity€85,861within the sector's middle half▲ 7.6%€91,700within the sector's middle half▲ 6.8%€92,377within the sector's middle half▲ 0.7%€102,458within the sector's middle half▲ 10.9%€106,138within the sector's middle half▲ 3.6%
Total assets€559,230within the sector's middle half▼ 9.0%€557,444within the sector's middle half▼ 0.3%€661,346above the sector's middle half▲ 18.6%€749,571above the sector's middle half▲ 13.3%€731,190above the sector's middle half▼ 2.5%
Debt€473,369▼ 11.5%€465,744▼ 1.6%€568,969▲ 22.2%€647,113▲ 13.7%€625,052▼ 3.4%
Working capital-€182,243▲ 2.2%-€177,375▲ 2.7%-€29,179▲ 83.5%€11,485-€2,972
Solvency15.4%below the sector's middle half▲ 2.4pp16.5%below the sector's middle half▲ 1.1pp14.0%below the sector's middle half▼ 2.5pp13.7%below the sector's middle half▼ 0.3pp14.5%below the sector's middle half▲ 0.8pp
Staff (FTE)1below the sector's middle half▼ 66.7%1below the sector's middle half=2▲ 100%2
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.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 34% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €731,190
Fixed assets
€288,891 ▲ 77.3%
Current assets
€442,299 ▼ 24.6%
Equity and liabilities €731,190
Equity
€106,138 ▲ 3.6%
Debt
€625,052 ▼ 3.4%
Debt's share of the balance-sheet total falls from 86.3% to 85.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€100,681▼
2023 · €161,563
Cash flow
€73,700▼
2023 · €130,296
Current ratio
0.99▼
2023 · 1.02
Debt to equity
5.89▼
2023 · 6.32
ROE
37.4%▼
2023 · 68.4%
ROA
5.4%▼
2023 · 9.3%
Interest coverage
5.17▼
2023 · 9.23
Debt ≤ 1 year
€445,271▼
2023 · €575,174
Debt > 1 year
€179,181▲
2023 · €71,339
Income taxes
€7,500▼
2023 · €13,767
Staff costs
€159,650▲
2023 · €149,114
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,811 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 3,811 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €735,350 | €782,661 | €775,164 | €842,130 | €861,770 | ▲ 2.3% |
| Goods, raw materials, services and sundry goods60/61 | - | €588,232 | €617,697 | €526,339 | €600,415 | ▲ 14.1% |
| Remuneration, social security and pensions62 | - | €99,710 | €59,284 | €149,114 | €159,650 | ▲ 7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51,070 | €48,890 | €51,207 | €60,215 | €34,020 | ▼ 43.5% |
| Other operating charges640/8 | - | €2,657 | €1,395 | €5,114 | €1,024 | ▼ 80.0% |
| Gross operating margin9900 | €204,100 | €194,429 | €157,467 | €315,791 | €261,355 | ▼ 17.2% |
| Operating profit (loss)9901 | €60,006 | €43,172 | €45,581 | €101,348 | €66,661 | ▼ 34.2% |
| Financial income75/76B | - | €68 | €1 | - | - | - |
| Recurring financial income75 | €3 | €68 | €1 | - | - | - |
| Financial charges65/66B | - | €6,401 | €8,734 | €17,500 | €19,481 | ▲ 11.3% |
| Recurring financial charges65 | €32,254 | €6,401 | €8,734 | €17,500 | €19,481 | ▲ 11.3% |
| Profit (loss) for the period before taxes9903 | €27,755 | €36,839 | €36,848 | €83,848 | €47,180 | ▼ 43.7% |
| Income taxes67/77 | €6,715 | €7,000 | €7,371 | €13,767 | €7,500 | ▼ 45.5% |
| Profit (loss) for the period9904 | €21,040 | €29,839 | €29,477 | €70,081 | €39,680 | ▼ 43.4% |
| Profit (loss) for the period to be appropriated9905 | €21,040 | €29,839 | €29,477 | €70,081 | €39,680 | ▼ 43.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €559,230 | €557,444 | €661,346 | €749,571 | €731,190 | ▼ 2.5% |
| Fixed assets21/28 | €332,747 | €304,049 | €194,536 | €162,912 | €288,891 | ▲ 77.3% |
| Intangible fixed assets21 | - | - | - | - | €160,000 | - |
| Tangible fixed assets22/27 | €164,325 | €136,128 | €186,615 | €154,991 | €120,970 | ▼ 22.0% |
| Plant, machinery and equipment23 | - | €77,494 | €66,963 | €83,937 | €70,376 | ▼ 16.2% |
| Furniture and vehicles24 | - | €58,634 | €119,652 | €71,054 | €50,594 | ▼ 28.8% |
| Financial fixed assets28 | €168,422 | €167,921 | €7,921 | €7,921 | €7,921 | = |
| Current assets29/58 | €226,483 | €253,395 | €466,810 | €586,659 | €442,299 | ▼ 24.6% |
| Amounts receivable within one year40/41 | €116,955 | €137,393 | €180,648 | €290,112 | €299,450 | ▲ 3.2% |
| Trade receivables40 | - | €137,393 | €180,648 | €290,112 | €299,450 | ▲ 3.2% |
| Cash at bank and in hand54/58 | €42,906 | €43,152 | €202,912 | €202,897 | €42,599 | ▼ 79.0% |
| Deferred charges and accrued income490/1 | - | €72,850 | €83,250 | €93,650 | €100,250 | ▲ 7.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €559,230 | €557,444 | €661,346 | €749,571 | €731,190 | ▼ 2.5% |
| Equity10/15 | €85,861 | €91,700 | €92,377 | €102,458 | €106,138 | ▲ 3.6% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Issued capital100 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | €65,410 | €71,249 | €71,926 | €82,007 | €85,687 | ▲ 4.5% |
| Amounts payable17/49 | €473,369 | €465,744 | €568,969 | €647,113 | €625,052 | ▼ 3.4% |
| Amounts payable after more than one year17 | €63,443 | €34,974 | €72,980 | €71,339 | €179,181 | ▲ 151% |
| Financial debts170/4 | - | €34,974 | €72,980 | €71,339 | €47,181 | ▼ 33.9% |
| Other amounts payable178/9 | - | - | - | - | €132,000 | - |
| Amounts payable within one year42/48 | €408,726 | €430,770 | €495,989 | €575,174 | €445,271 | ▼ 22.6% |
| Current portion of amounts payable after more than one year42 | - | €28,469 | €45,300 | €28,865 | €24,158 | ▼ 16.3% |
| Financial debts43 | - | €48,844 | €47,959 | €46,180 | €48,360 | ▲ 4.7% |
| Credit institutions430/8 | - | €48,844 | €47,959 | €46,180 | €48,360 | ▲ 4.7% |
| Trade debts44 | €148,477 | €163,847 | €180,149 | €178,574 | €88,556 | ▼ 50.4% |
| Suppliers440/4 | - | €163,847 | €180,149 | €178,574 | €88,556 | ▼ 50.4% |
| Advances received on contracts in progress46 | - | - | - | - | €11,451 | - |
| Taxes, remuneration and social security45 | - | €159,110 | €193,781 | €256,555 | €236,746 | ▼ 7.7% |
| Taxes450/3 | - | €148,993 | €183,436 | €219,312 | €203,881 | ▼ 7.0% |
| Remuneration and social security454/9 | - | €10,117 | €10,345 | €37,243 | €32,865 | ▼ 11.8% |
| Other amounts payable47/48 | - | €30,500 | €28,800 | €65,000 | €36,000 | ▼ 44.6% |
| Accrued charges and deferred income492/3 | - | - | - | €600 | €600 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,040 | €29,839 | €29,477 | €70,081 | €39,680 | ▼ 43.4% |
| + Depreciation and write-downs630 | €51,070 | €48,890 | €51,207 | €60,215 | €34,020 | ▼ 43.5% |
| Operating cash flow (approximation) | €72,110 | €78,729 | €80,684 | €130,296 | €73,700 | ▼ 43.4% |
| Investment in fixed assets (approximation) | - | -€20,192 | €58,306 | -€28,591 | -€159,999 | ▼ 460% |
| Change in cash | - | €246 | €159,760 | -€15 | -€160,298 | ▼ 1,068,553% |
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
2025
30-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 152 days late
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 218 days late
2023
31-12
Financial
Highest result since 2018net €70,081 ▲138%
Operating result €101,348, net result €70,081, both a record.
31-12
Financial
Equity above €100,000Eq €102,458 ▲10.9%
6 profitable years in a row build equity to €102,458.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 17 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 19 days late
03-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 216 days late
2019
01-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 185 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Braine-le-Comte · 2 establishment units since 1992
Ground area
2,631 m²
Building footprint
315 m²
Volume, LiDAR
800 m³
3 parcels, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
SOFTWHEELS BELGIUM
since 19922.057.402.761
Rue Edgard Bierny 2, 1460 Ittre
since 20122.209.441.848
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25108B0049/00F000 | Wallonia | 1,043 m² | 1 · 148 m² | 8.2 m · 2 fl. |
| 55016A0140/00X000 | Wallonia | 874 m² | 1 · 32 m² | - |
| 55016A0110/00G000 | Wallonia | 714 m² | 1 · 135 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 3 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 16,911 companies in sector 62100 we hold annual accounts for 8,778. 6,951 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 (pre-2019)
Founded24-04-1992
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
47400Retail sale of information and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447292833
Also
9925:BE0447292833
Registered
03-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.