Equity
FLOAT:LEFT has made a profit without a break since 2020.
FLOAT:LEFT has made a profit without a break since 2020.
Green is investment, beige is depreciation. Land and buildings stand 588.9% higher than in 2024.
Two of the last ten came late. The 2024 accounts came latest: 33 days after the end of the period.
The dashed line is the sector median: 0.1% across 25,925 companies (NACE 62, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 56% of them on solvency, 35% on liquidity, 47% on profitability and 69% on growth.
The bankruptcy probability was computed on 06-11-2026 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).
In July 2024, 34,693 companies had the same profile as FLOAT:LEFT has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of FLOAT:LEFT itself: 0.1% within 12 months.
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 34,693 companies, not a prediction for FLOAT:LEFT. 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.
Liquidity is ample, with a current ratio of 1.53 (3.66 in 2024), above the usual 1.5. Short-term debt is 35.9% and cash 16% of total assets. 35.9% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 16 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.
| Company | ||||
|---|---|---|---|---|
| FLOAT:LEFT Deerlijk | €191,347 | €36,799 | 64.1% | - |
| Vermeulen S.Visuals Poperinge | €182,863 | €33,359 | 20.7% | - |
| RAINBOWCOM Woluwe-Saint-Lambert | €188,342 | €34,308 | 19.4% | - |
| TYPI DEV Ixelles | €175,096 | €37,031 | 95.8% | - |
| V-INFRA EUROPE Tournai | €198,128 | €34,903 | 22.6% | 2 |
| ARTEGRAPH Berchem-Sainte-Agathe | €212,802 | €41,448 | 34.0% | 1.9 |
| LEGACY Oudenaarde | €181,645 | €39,762 | 9.8% | 0 |
These companies have the same main activity as FLOAT:LEFT: computer programming (NACE 62100). They are comparable in size and age: total assets between €175,000 and €213,000, founded between 2012 and 2015.
FLOAT:LEFT files the micro format. That format states no turnover. The gross margin fell from €45,235 in 2015 to €36,799 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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 ≈ €120,000. Estimated: probably between €94,000 and €160,000.
Higher than 55% of 21,193 companies in 2025.
Higher than 33% of 20,556 companies in 2025.
Higher than 41% of 20,731 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
191,347 | 125,450 | 87,049 | 92,281 | 82,482 | 68,943 | 50,878 | 58,842 | 42,224 | 56,303 | 79,137 | |
20 |
- | - | - | - | - | - | - | 209 | 418 | 628 | 837 | |
21/28 |
86,261 | 22,733 | 26,648 | 28,677 | 25,018 | 13,895 | 5,490 | 12,482 | 16,587 | 21,335 | 2,361 | |
21 |
- | - | - | - | - | - | - | 5,069 | 11,405 | 19,008 | - | |
22/27 |
86,261 | 22,733 | 26,648 | 28,677 | 25,018 | 13,895 | 5,490 | 7,413 | 5,182 | 2,327 | 1,524 | |
22 |
79,628 | 11,558 | 12,970 | 14,382 | 13,682 | 11,744 | 3,303 | 3,919 | 2,512 | - | - | |
23 |
2,114 | 2,543 | 2,972 | 2,711 | 3,018 | - | - | - | - | - | - | |
24 |
4,519 | 8,632 | 10,705 | 11,584 | 8,318 | 2,151 | 2,187 | 3,494 | 2,670 | 2,327 | 1,524 | |
29/58 |
105,086 | 102,717 | 60,402 | 63,604 | 57,464 | 55,048 | 45,388 | 46,151 | 25,219 | 34,341 | 76,776 | |
40/41 |
72,417 | 52,439 | 42,156 | 38,024 | 27,191 | 34,188 | 32,168 | 27,936 | 17,573 | 12,155 | 18,635 | |
40 |
12,100 | 150 | - | 9,368 | 271 | 15,600 | 18,305 | 17,461 | 13,489 | 8,760 | 18,577 | |
41 |
60,317 | 52,289 | 42,156 | 28,655 | 26,920 | 18,588 | 13,863 | 10,475 | 4,083 | 3,396 | 58 | |
54/58 |
30,603 | 48,332 | 16,487 | 23,850 | 28,946 | 20,656 | 12,756 | 17,385 | 7,306 | 19,125 | 57,230 | |
490/1 |
2,067 | 1,946 | 1,759 | 1,730 | 1,326 | 205 | 464 | 830 | 340 | 3,061 | 911 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
191,347 | 125,450 | 87,049 | 92,281 | 82,482 | 68,943 | 50,878 | 58,842 | 42,224 | 56,303 | 79,137 | |
10/15 |
122,683 | 97,385 | 77,439 | 72,928 | 67,599 | 56,849 | 42,791 | 45,148 | 35,002 | 43,184 | 34,771 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
120,822 | 95,524 | 75,578 | 71,067 | 65,738 | 54,988 | 40,930 | 40,930 | 30,784 | 30,784 | 22,371 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
132 |
2,430 | - | - | - | - | 13,257 | 13,257 | 13,257 | 13,500 | 13,500 | 13,500 | |
133 |
118,391 | 95,524 | 75,578 | 69,207 | 63,878 | 39,871 | 25,813 | 25,813 | 15,424 | 15,424 | 7,011 | |
14 |
-10,539 | -10,539 | -10,539 | -10,539 | -10,539 | -10,539 | -10,539 | -8,182 | -8,182 | - | - | |
17/49 |
68,664 | 28,065 | 9,611 | 19,354 | 14,883 | 12,094 | 8,088 | 13,694 | 7,222 | 13,119 | 44,366 | |
42/48 |
68,664 | 28,065 | 9,611 | 19,354 | 14,883 | 12,094 | 8,088 | 12,889 | 7,222 | 13,119 | 29,036 | |
44 |
38,316 | 6,093 | 3,404 | 3,216 | 3,376 | 7,155 | 1,274 | 4,346 | 3,682 | 2,151 | 2,909 | |
440/4 |
38,316 | 6,093 | 3,404 | 3,216 | 3,376 | 7,155 | 1,274 | 4,346 | 3,682 | 2,151 | 2,909 | |
45 |
27,348 | 16,972 | 6,206 | 16,137 | 11,508 | 4,939 | 6,813 | 8,543 | 3,541 | 10,968 | 9,147 | |
450/3 |
27,348 | 16,972 | 6,206 | 16,137 | 11,508 | 4,939 | 6,813 | 8,543 | 1,698 | 9,127 | 9,147 | |
454/9 |
- | - | - | - | - | - | - | - | 1,842 | 1,841 | - | |
47/48 |
3,000 | 5,000 | - | - | - | - | - | - | - | - | 16,980 | |
492/3 |
- | - | - | - | - | - | - | 806 | - | - | 15,330 | |
| Income statement | ||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | 105,169 | |
76A |
2,450 | 70 | - | - | 13,250 | - | 359 | - | 7,686 | - | - | |
9900 |
36,799 | 40,808 | 11,490 | 23,408 | 21,243 | 23,341 | 9,038 | 26,677 | 4,733 | 29,385 | 45,235 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | 59,934 | |
630 |
4,857 | 5,070 | 4,627 | 3,619 | 2,439 | 1,803 | 7,535 | 9,550 | 10,162 | 14,432 | 1,225 | |
640/8 |
879 | 955 | 1,019 | 889 | 1,149 | 1,465 | 1,361 | 1,594 | 2,383 | 1,431 | 2,062 | |
66A |
- | - | 0 | - | - | - | - | 463 | - | - | - | |
9901 |
31,063 | 34,783 | 5,844 | 18,900 | 17,654 | 20,073 | 142 | 15,070 | -7,811 | 13,522 | 41,948 | |
75/76B |
3,083 | 2,785 | 1,996 | 1,943 | 1,335 | 1,214 | 806 | 605 | 286 | 249 | 284 | |
75 |
3,083 | 2,785 | 1,996 | 1,943 | 1,335 | 1,214 | 806 | 605 | 286 | 249 | 284 | |
65/66B |
86 | 84 | 33 | 984 | 799 | 155 | 51 | 90 | 71 | 116 | 52 | |
65 |
86 | 84 | 33 | 129 | 799 | 155 | 51 | 90 | 71 | 116 | 52 | |
66B |
- | - | - | 855 | - | - | - | - | - | - | - | |
9903 |
34,060 | 37,484 | 7,807 | 19,859 | 18,190 | 21,132 | 896 | 15,585 | -7,596 | 13,655 | 42,180 | |
67/77 |
8,762 | 10,438 | 3,296 | 6,117 | 7,440 | 7,073 | 3,254 | 5,439 | 586 | 5,241 | 4,809 | |
9904 |
25,297 | 27,046 | 4,511 | 13,742 | 10,750 | 14,058 | -2,357 | 10,146 | -8,182 | 8,413 | 37,371 | |
789 |
19 | - | - | - | 13,257 | - | - | 243 | - | - | - | |
689 |
2,450 | - | - | - | - | - | - | - | - | - | 13,500 | |
9905 |
22,867 | 27,046 | 4,511 | 13,742 | 24,007 | 14,058 | -2,357 | 10,389 | -8,182 | 8,413 | 23,871 | |
| Appropriation of the result | ||||||||||||
9906 |
12,328 | 16,507 | -6,028 | 3,203 | 13,468 | 3,519 | -10,539 | 2,207 | -8,182 | 8,413 | 23,871 | |
14P |
-10,539 | -10,539 | -10,539 | -10,539 | -10,539 | - | - | - | - | - | - | |
791/2 |
0 | 2,100 | - | 8,413 | - | - | - | - | - | - | - | |
691/2 |
22,867 | 22,046 | 4,511 | 13,742 | 24,007 | 14,058 | - | 10,389 | - | 8,413 | 8,871 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
22,867 | 22,046 | 4,511 | 13,742 | 24,007 | 14,058 | - | 10,389 | - | 8,413 | 7,011 | |
694/7 |
0 | 7,100 | - | 8,413 | - | - | - | - | - | - | 15,000 | |
694 |
0 | 2,100 | - | 8,413 | - | - | - | - | - | - | - | |
695 |
0 | 5,000 | - | - | - | - | - | - | - | - | 15,000 | |
| Document | ||||||||||||
The notes to these accounts have 14 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 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00474654.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00474654 | |
| 31-12-2024 | micro format | 02-09-2025 | 2025-00476376 | |
| 31-12-2023 | micro format | 24-06-2024 | 2024-00155587 | |
| 31-12-2022 | micro format | 28-06-2023 | 2023-00176577 | |
| 31-12-2021 | micro format | 10-06-2022 | 2022-20059874 | |
| 31-12-2020 | micro format | 23-06-2021 | 2021-23500471 | |
| 31-12-2019 | micro format | 14-07-2020 | 2020-29700545 | |
| 31-12-2018 | micro format | 05-07-2019 | 2019-29800473 | |
| 31-12-2017 | micro format | 26-07-2018 | 2018-39500181 | |
| 31-12-2016 | abbreviated format | 20-06-2017 | 2017-19600310 | |
| 31-12-2015 | abbreviated format | 17-08-2016 | 2016-45500251 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 35,920 | 39,853 | 10,471 | 22,519 | 20,093 | 21,876 | 7,677 | 24,620 | 2,351 | 27,954 | 43,173 | ||
| 30,154 | 32,117 | 9,138 | 17,361 | 13,189 | 15,861 | 5,178 | 19,695 | 1,980 | 22,845 | 38,596 | ||
| 94,447 | 1,156 | 2,597 | 8,133 | 28,313 | 10,208 | 334 | 5,699 | 20,809 | 34,033 | 2,541 | ||
| -17,729 | 31,845 | -7,364 | -5,096 | 8,291 | 7,900 | -4,630 | 10,079 | -11,818 | -38,105 | - | ||
| 36,422 | 74,652 | 50,791 | 44,251 | 42,580 | 42,954 | 37,300 | 33,262 | 17,997 | 21,222 | 47,740 | ||
| - | - | - | - | - | - | - | - | - | - | 39.9% | ||
| 64.1% | 77.6% | 89.0% | 79.0% | 82.0% | 82.5% | 84.1% | 76.7% | 82.9% | 76.7% | 43.9% | ||
| 1.53 | 3.66 | 6.28 | 3.29 | 3.86 | 4.55 | 5.61 | 3.58 | 3.49 | 2.62 | 2.64 | ||
| 0.56 | 0.29 | 0.12 | 0.27 | 0.22 | 0.21 | 0.19 | 0.30 | 0.21 | 0.30 | 1.28 | ||
| 20.6% | 27.8% | 5.8% | 18.8% | 15.9% | 24.7% | -5.5% | 22.5% | -23.4% | 19.5% | 107.5% | ||
| 13.2% | 21.6% | 5.2% | 14.9% | 13.0% | 20.4% | -4.6% | 17.2% | -19.4% | 14.9% | 47.2% | ||
| over 100 | over 100 | over 100 | over 100 | 25.14 | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | 64 days | ||
| - | - | - | - | - | - | - | - | - | - | 18 days |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €94,447 | €1,156 | €2,597 | €8,133 | €28,313 |
| Financial fixed assets | €0 | - | - | - | - |
| €4,857 | €5,070 | €4,627 | €3,619 | €2,439 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 11% lower than in 2024.
Debt's share of the balance-sheet total rises from 22.4% to 35.9%. Equity and debt are higher.
FLOAT:LEFT has no parent and no holdings in its annual accounts. STICHELBAUT Matthijs Andre is the only director. FLOAT:LEFT shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Stationsstraat 294 registered office 8540 Deerlijk | 24-09-2014 | 2.301.563.738 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34392D0073/00A003 | 773 m² | 1 · 158 m² | 11.7 m · 2 |
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