GISdev
ActiveGISdev has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €75k. Equity is shrinking by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 18% of 16942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency40▼-23
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.58 in 2024; short-term debt: 84.9% and cash: 88.3% of total assets), and 84.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 62
lower
← 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
15.1%
Return on assets
51.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 16942 sector peers (2025).
NBB · sector comparisonPosition among 16942 sector peers
Solvency
better than 18%
← 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 19-03-2026, 134 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
134 d early
2024
38 d early
2023
58 d early
2022
70 d early
2021
27 d early
2020
60 d early
2019
28 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€22k▼ 52.9%
2024 · €47k
2018: €64k
2019: €100k
2020: €37k
2021: €32k
2022: €31k
2023: €40k
2024: €47k
2018 → 2025
Total assets
€146k▲ 17.9%
2024 · €124k
2018: €81k
2019: €124k
2020: €198k
2021: €107k
2022: €98k
2023: €101k
2024: €124k
2018 → 2025
Net result
€75k▲ 4.7%
2024 · €72k
2018: €27k
2019: €37k
2020: €62k
2021: €55k
2022: €49k
2023: €59k
2024: €72k
2018 → 2025
Working capital
€20k▼ 55.1%
2024 · €44k
2018: €64k
2019: €98k
2020: €36k
2021: €32k
2022: €30k
2023: €37k
2024: €44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32k-€31k▼ 2.5%€40k▲ 27.7%€47k▲ 17.4%€22k▼ 52.9%
Operating result€73k-€63k▼ 14.6%€74k▲ 18.6%€91k▲ 21.9%€95k▲ 4.8%
Net result€55k-€49k▼ 10.4%€59k▲ 19.1%€72k▲ 22.7%€75k▲ 4.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €146k
Fixed assets
€2k▼ 12.5%
Current assets
€144k▲ 18.5%
Equity and liabilities €146k
Equity
€22k▼ 52.9%
Debt
€124k▲ 60.8%
The debt ratio rises from 62.2% to 84.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€95k▲
2024 · €91k
Cash flow
€76k▲
2024 · €72k
Solvency
15.1%▼
2024 · 37.8%
Current ratio
1.16▼
2024 · 1.58
Quick ratio
1.16▼
2024 · 1.58
Debt / equity
5.63▲
2024 · 1.65
ROE
342.3%▲
2024 · 154.0%
ROA
51.7%▼
2024 · 58.2%
Interest coverage
622.18▲
2024 · 609.58
Debt
€124k▲
2024 · €77k
Debt ≤ 1 year
€124k▲
2024 · €77k
Income taxes
€19k▲
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€124k€146k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Plant, machinery and equipment23€2k€2k▼
Current assets29/58€121k€144k▲
Amounts receivable within one year40/41€12k€15k▲
Trade receivables40-€13k
Other amounts receivable41€12k€2k▼
Cash at bank and in hand54/58€98k€129k▲
Deferred charges and accrued income490/1€12k-
Equity and liabilities
Total equity and liabilities10/49€124k€146k▲
Equity10/15€47k€22k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€26k€2k▼
Amounts payable17/49€77k€124k▲
Amounts payable within one year42/48€77k€124k▲
Trade debts44-€987
Suppliers440/4-€987
Taxes, remuneration and social security45€12k€12k▼
Taxes450/3€12k€12k▼
Other amounts payable47/48€65k€111k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€302€302=
Other operating charges640/8€387€400▲
Gross operating margin9900€91k€96k▲
Operating profit (loss)9901€91k€95k▲
Financial charges65/66B€149€153▲
Recurring financial charges65€149€153▲
Profit (loss) for the period before taxes9903€90k€95k▲
Income taxes67/77€18k€19k▲
Profit (loss) for the period9904€72k€75k▲
Profit (loss) for the period to be appropriated9905€72k€75k▲
Appropriation of the result
Profit (loss) to be appropriated9906€91k€102k▲
Profit (loss) brought forward from the previous period14P€19k€26k▲
Profit to be distributed694/7€65k€100k▲
Return on contributions (dividend)694€65k€100k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €75k ▲4.7%
Operating result €95k, net result €75k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Equity above €100kEq €100k ▲57%
2 profitable years in a row build equity to €100k.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Franklinstraat 461000 BrusselGround area
129 m²
Building footprint
74 m²
Volume, LiDAR
970 m³
Parcel 21806F0293/00N008, Brussels · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
GISdev
since 20172.261.533.323
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0293/00N008 | Brussels | 129 m² | 1 · 74 m² | 17.2 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,992 companies in sector 62200 we hold annual accounts for 18,386. 13,367 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2017
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.