FREE BIRD COMPUTING
ActiveSummary
FREE BIRD COMPUTING has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €378k and a net result of €91k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+8
Solvency79▲+3
Growth68▲+16
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.98 against 4.81 in 2024; short-term debt: 9.1% and cash: 39.6% of total assets), and 45.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 →
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
54.3%
Return on assets
13.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
41 d late
2024
12 d late
2023
on the day
2022
4 d early
2021
3 d early
2020
39 d early
2019
12 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€192k▲ 5.0%
2018 · €183k
2018: €183k
2019: €192k▲ +5.0% vs 2018
2018 → 2019
EBIT margin
39.3%▼ 8.7pp
2018 · 48.0%
2018: 48.0%
2019: 39.3%▼ -18.2% vs 2018
2018 → 2019
Net result
€91k▲ 103%
2024 · €45k
2018: €71k
2019: €52k▼ -26.9% vs 2018
2020: €72k▲ +38.0% vs 2019
2021: €80k▲ +11.6% vs 2020
2022: €63k▼ -21.1% vs 2021
2023: €39k▼ -38.8% vs 2022lowest in 8 years
2024: €45k▲ +16.2% vs 2023
2025: €91k▲ +103% vs 2024highest in 8 years
2018 → 2025
Working capital
€251k▲ 48.7%
2024 · €169k
2018: €10k
2019: €56k▲ +457% vs 2018
2020: €-42k▼ -176% vs 2019lowest in 8 years
2021: €150k▲ +455% vs 2020
2022: €132k▼ -12.1% vs 2021
2023: €149k▲ +12.6% vs 2022
2024: €169k▲ +13.5% vs 2023
2025: €251k▲ +48.7% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€192k-€253k▲ 32.1%€292k▲ 15.3%€337k▲ 15.4%€378k▲ 12.2%
2021: €192klowest in 5 years
2022: €253k▲ +32.1% vs 2021
2023: €292k▲ +15.3% vs 2022
2024: €337k▲ +15.4% vs 2023
2025: €378k▲ +12.2% vs 2024highest in 5 years
Operating result€108k-€93k▼ 14.2%€54k▼ 41.8%€67k▲ 23.9%€134k▲ 99.6%
2021: €108k
2022: €93k▼ -14.2% vs 2021
2023: €54k▼ -41.8% vs 2022lowest in 5 years
2024: €67k▲ +23.9% vs 2023
2025: €134k▲ +99.6% vs 2024highest in 5 years
Net result€80k-€63k▼ 21.1%€39k▼ 38.8%€45k▲ 16.2%€91k▲ 103%
2021: €80k
2022: €63k▼ -21.1% vs 2021
2023: €39k▼ -38.8% vs 2022lowest in 5 years
2024: €45k▲ +16.2% vs 2023
2025: €91k▲ +103% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 100% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €697k
Fixed assets
€383k ▼ 14.6%
Current assets
€314k ▲ 47.4%
Equity and liabilities €697k
Equity
€378k ▲ 12.2%
Debt
€319k ▼ 1.7%
Debt's share of the balance-sheet total falls from 49.0% to 45.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€157k▲
2024 · €91k
Cash flow
€114k▲
2024 · €69k
Current ratio
4.98▲
2024 · 4.81
Debt to equity
0.84▼
2024 · 0.96
ROE
24.1%▲
2024 · 13.3%
ROA
13.1%▲
2024 · 6.8%
Interest coverage
40.20▲
2024 · 20.60
Debt ≤ 1 year
€63k▲
2024 · €44k
Debt > 1 year
€255k▼
2024 · €280k
Income taxes
€39k▲
2024 · €19k
Staff costs
€45▼
2024 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€661k€697k▲
Formation expenses20-€0
Fixed assets21/28€448k€383k▼
Tangible fixed assets22/27€398k€382k▼
Land and buildings22€323k€311k▼
Plant, machinery and equipment23€75k€72k▼
Furniture and vehicles24-€0
Financial fixed assets28€50k€180▼
Current assets29/58€213k€314k▲
Amounts receivable within one year40/41€141k€39k▼
Trade receivables40€40k€38k▼
Other amounts receivable41€101k€751▼
Cash at bank and in hand54/58€72k€276k▲
Deferred charges and accrued income490/1€374€3▼
Equity and liabilities
Total equity and liabilities10/49€661k€697k▲
Equity10/15€337k€378k▲
Contributions10/11€12k€12k=
Reserves13€142k€182k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€140k€180k▲
Profit (loss) carried forward14€183k€184k▲
Amounts payable17/49€324k€319k▼
Amounts payable after more than one year17€280k€255k▼
Financial debts170/4€280k€255k▼
Amounts payable within one year42/48€44k€63k▲
Current portion of amounts payable after more than one year42€24k€24k▲
Trade debts44€503€1k▲
Suppliers440/4€503€1k▲
Taxes, remuneration and social security45€20k€34k▲
Taxes450/3€17k€32k▲
Remuneration and social security454/9€2k€2k▼
Other amounts payable47/48-€4k
Income statement
Code20242025
Remuneration, social security and pensions62€21k€45▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€23k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€113k€158k▲
Operating profit (loss)9901€67k€134k▲
Financial income75/76B€1k€586▼
Recurring financial income75€1k€586▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€64k€130k▲
Income taxes67/77€19k€39k▲
Profit (loss) for the period9904€45k€91k▲
Profit (loss) for the period to be appropriated9905€45k€91k▲
Appropriation of the result
Profit (loss) to be appropriated9906€223k€274k▲
Profit (loss) brought forward from the previous period14P€178k€183k▲
Transfer from equity791/2-€50k
Transfer to equity691/2€40k€90k▲
To other reserves6921€40k€90k▲
Profit to be distributed694/7-€50k
Return on contributions (dividend)694-€50k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €97k | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | €13k | €31k | €21k | €45 | ▼ 99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €20k | €21k | €24k | €23k | ▼ 2.8% |
| Other operating charges640/8 | €1k | €1k | €1k | €1k | €1k | ▲ 2.3% |
| Gross operating margin9900 | €123k | €128k | €107k | €113k | €158k | ▲ 40.5% |
| Operating profit (loss)9901 | €108k | €93k | €54k | €67k | €134k | ▲ 99.6% |
| Financial income75/76B | €30 | €3 | €782 | €1k | €586 | ▼ 43.4% |
| Recurring financial income75 | €30 | €3 | €782 | €1k | €586 | ▼ 43.4% |
| Financial charges65/66B | €4k | €5k | €5k | €4k | €4k | ▼ 11.4% |
| Recurring financial charges65 | €4k | €5k | €5k | €4k | €4k | ▼ 11.4% |
| Profit (loss) for the period before taxes9903 | €104k | €88k | €50k | €64k | €130k | ▲ 105% |
| Income taxes67/77 | €24k | €24k | €11k | €19k | €39k | ▲ 110% |
| Profit (loss) for the period9904 | €80k | €63k | €39k | €45k | €91k | ▲ 103% |
| Profit (loss) for the period to be appropriated9905 | €80k | €63k | €39k | €45k | €91k | ▲ 103% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €611k | €639k | €637k | €661k | €697k | ▲ 5.4% |
| Formation expenses20 | - | - | - | - | €0 | - |
| Fixed assets21/28 | €394k | €449k | €447k | €448k | €383k | ▼ 14.6% |
| Tangible fixed assets22/27 | €394k | €404k | €397k | €398k | €382k | ▼ 3.9% |
| Land and buildings22 | €359k | €347k | €335k | €323k | €311k | ▼ 3.8% |
| Plant, machinery and equipment23 | €32k | €57k | €62k | €75k | €72k | ▼ 4.4% |
| Furniture and vehicles24 | €3k | - | - | - | €0 | - |
| Financial fixed assets28 | - | €45k | €50k | €50k | €180 | ▼ 99.6% |
| Current assets29/58 | €218k | €190k | €190k | €213k | €314k | ▲ 47.4% |
| Amounts receivable within one year40/41 | €8k | €23k | €28k | €141k | €39k | ▼ 72.6% |
| Trade receivables40 | - | €21k | €27k | €40k | €38k | ▼ 4.8% |
| Other amounts receivable41 | €8k | €2k | €420 | €101k | €751 | ▼ 99.3% |
| Cash at bank and in hand54/58 | €210k | €166k | €162k | €72k | €276k | ▲ 282% |
| Deferred charges and accrued income490/1 | - | €412 | €210 | €374 | €3 | ▼ 99.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €611k | €639k | €637k | €661k | €697k | ▲ 5.4% |
| Equity10/15 | €192k | €253k | €292k | €337k | €378k | ▲ 12.2% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €52k | €102k | €102k | €142k | €182k | ▲ 28.2% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €50k | €100k | €100k | €140k | €180k | ▲ 28.6% |
| Profit (loss) carried forward14 | €128k | €139k | €178k | €183k | €184k | ▲ 0.7% |
| Amounts payable17/49 | €420k | €385k | €345k | €324k | €319k | ▼ 1.7% |
| Amounts payable after more than one year17 | €352k | €328k | €304k | €280k | €255k | ▼ 8.7% |
| Financial debts170/4 | €352k | €328k | €304k | €280k | €255k | ▼ 8.7% |
| Amounts payable within one year42/48 | €68k | €58k | €41k | €44k | €63k | ▲ 42.4% |
| Current portion of amounts payable after more than one year42 | €22k | €24k | €24k | €24k | €24k | ▲ 1.3% |
| Trade debts44 | €2k | €55 | €3k | €503 | €1k | ▲ 194% |
| Suppliers440/4 | €2k | €55 | €3k | €503 | €1k | ▲ 194% |
| Taxes, remuneration and social security45 | €43k | €30k | €14k | €20k | €34k | ▲ 70.6% |
| Taxes450/3 | €41k | €30k | €10k | €17k | €32k | ▲ 83.0% |
| Remuneration and social security454/9 | €2k | - | €4k | €2k | €2k | ▼ 20.8% |
| Other amounts payable47/48 | €163 | €4k | €1k | - | €4k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €80k | €63k | €39k | €45k | €91k | ▲ 103% |
| + Depreciation and write-downs630 | €13k | €20k | €21k | €24k | €23k | ▼ 2.8% |
| Operating cash flow (approximation) | €93k | €83k | €60k | €69k | €114k | ▲ 66.4% |
| Investment in fixed assets (approximation) | - | €-76k | €-19k | €-24k | €42k | ▲ 273% |
| Change in cash | - | €-44k | €-4k | €-90k | €204k | ▲ 326% |
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
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 41 days late
2025
31-12
Financial
Highest result since 2018net €91k ▲103%
Operating result €134k, net result €91k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €39k ▼38.8%
Net result drops to €39k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €253k ▲32.1%
5 profitable years in a row build equity to €253k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 11current ratio 3.23
Current ratio from 0.29 to 3.23.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €169k ▲44.3%
3 profitable years in a row build equity to €169k.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
Show earlier events
2019
31-12
Financial
Equity above €100kEq €117k ▲80.2%
2 profitable years in a row build equity to €117k.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 48 days late
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Les Bons Villers · 1 establishment unit since 2015
Ground area
1,074 m²
Building footprint
101 m²
Parcel 52059C0426/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
FREE BIRD COMPUTING
since 20152.245.628.291
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52059C0426/00A000 | Wallonia | 1,074 m² | 1 · 101 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900LIPC4TEWXCY585
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 13,038 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
Founded17-09-2015
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail
michael.van.de.borne@gmail.comLes Bons Villers
Phone
0472 695716Les Bons Villers
Scores and ratios are computed by Checked and are not a credit decision.