GISdev
ActiveFrom the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
GISdev has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,003 and a net result of €75,309. Equity is shrinking by about 10% per year across the filed financial years. Its solvency ranks better than 18% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 08-02-2017 Normal situation
- Legal form
- Private limited company
- Registered office
- Franklinstraat 46, 1000 Brussel
- Activity
- Computer consultancy and computer facilities management NACE 62200
- Establishment unit
- 2.261.533.323 1000 Brussel, since 08-02-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 30-06-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €95,594
- ▲ 4.8%
- Turnover
- ≈ €180,000
- estimated
- Profit
- €75,309
- ▲ 4.7%
- Equity
- €22,003
- ▼ 52.9%
- Total assets
- €145,782
- ▲ 17.9%
Why 92raises riskEquity €22,003 (15.1% of total assets)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.16, cash €128,750Size: total assets €145,782Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 19% on solvency, 35% on liquidity, 82% on profitability and 14% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 51 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 19-03-2026
- Format
- micro format
- Reference
- 2026-00059583
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
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.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,713 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €337 | €1,419 | €1,399 | €1,156 | - | €277 | €302 | €302 | = |
| Other operating charges640/8 | - | - | - | €990 | €464 | €384 | €387 | €400 | ▲ 3.4% |
| Gross operating margin9900 | €33,886 | €50,731 | €79,851 | €75,447 | €63,053 | €74,914 | €91,214 | €95,594 | ▲ 4.8% |
| Operating profit (loss)9901 | €32,985 | €48,910 | €78,050 | €73,301 | €62,589 | €74,253 | €90,525 | €94,892 | ▲ 4.8% |
| Recurring financial income75 | - | - | €8 | - | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €44 | €254 | €156 | €149 | €153 | ▲ 2.7% |
| Recurring financial charges65 | €5 | €159 | €236 | €44 | €254 | €156 | €149 | €153 | ▲ 2.7% |
| Profit (loss) for the period before taxes9903 | €32,980 | €48,751 | €77,822 | €73,257 | €62,335 | €74,097 | €90,376 | €94,739 | ▲ 4.8% |
| Income taxes67/77 | €6,475 | €11,472 | €16,305 | €18,355 | €13,120 | €15,460 | €18,452 | €19,430 | ▲ 5.3% |
| Profit (loss) for the period9904 | €26,505 | €37,279 | €61,517 | €54,902 | €49,215 | €58,637 | €71,924 | €75,309 | ▲ 4.7% |
| Profit (loss) for the period to be appropriated9905 | €26,505 | €37,279 | €61,517 | €54,902 | €49,215 | €58,637 | €71,924 | €75,309 | ▲ 4.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €81,175 | €124,427 | €197,748 | €106,889 | €98,382 | €101,382 | €123,660 | €145,782 | ▲ 17.9% |
| Fixed assets21/28 | €506 | €2,555 | €1,156 | - | €1,500 | €2,735 | €2,433 | €2,130 | ▼ 12.5% |
| Tangible fixed assets22/27 | €506 | €2,555 | €1,156 | - | €1,500 | €2,735 | €2,433 | €2,130 | ▼ 12.5% |
| Plant, machinery and equipment23 | - | - | - | - | €1,500 | €2,735 | €2,433 | €2,130 | ▼ 12.5% |
| Current assets29/58 | €80,669 | €121,872 | €196,592 | €106,889 | €96,882 | €98,647 | €121,227 | €143,652 | ▲ 18.5% |
| Amounts receivable within one year40/41 | €24,254 | €20,692 | €17,917 | €15,714 | €30,425 | €17,488 | €11,886 | €14,902 | ▲ 25.4% |
| Trade receivables40 | - | - | - | €11,964 | €25,425 | €8,364 | - | €12,784 | - |
| Other amounts receivable41 | - | - | - | €3,750 | €5,000 | €9,124 | €11,886 | €2,118 | ▼ 82.2% |
| Cash at bank and in hand54/58 | €56,415 | €98,618 | €178,146 | €90,504 | €66,457 | €81,159 | €97,806 | €128,750 | ▲ 31.6% |
| Deferred charges and accrued income490/1 | - | - | - | €671 | - | - | €11,535 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €81,175 | €124,427 | €197,748 | €106,889 | €98,382 | €101,382 | €123,660 | €145,782 | ▲ 17.9% |
| Equity10/15 | €64,031 | €100,499 | €37,017 | €31,919 | €31,133 | €39,771 | €46,694 | €22,003 | ▼ 52.9% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €1,859 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €43,622 | €80,089 | €16,607 | €11,509 | €10,723 | €19,361 | €26,284 | €1,593 | ▼ 93.9% |
| Amounts payable17/49 | €17,144 | €23,928 | €160,731 | €74,970 | €67,249 | €61,611 | €76,966 | €123,779 | ▲ 60.8% |
| Amounts payable within one year42/48 | €17,144 | €23,928 | €160,731 | €74,970 | €67,249 | €61,611 | €76,966 | €123,779 | ▲ 60.8% |
| Financial debts43 | - | - | - | €2,485 | €2,485 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €2,485 | €2,485 | - | - | - | - |
| Trade debts44 | €675 | €2,905 | €1,037 | €3,126 | €1,200 | €156 | - | €987 | - |
| Suppliers440/4 | - | - | - | €3,126 | €1,200 | €156 | - | €987 | - |
| Taxes, remuneration and social security45 | - | - | - | €6,861 | €12,850 | €11,455 | €11,966 | €11,837 | ▼ 1.1% |
| Taxes450/3 | - | - | - | €6,861 | €12,850 | €11,455 | €11,966 | €11,837 | ▼ 1.1% |
| Other amounts payable47/48 | - | - | - | €62,498 | €50,714 | €50,000 | €65,000 | €110,955 | ▲ 70.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,505 | €37,279 | €61,517 | €54,902 | €49,215 | €58,637 | €71,924 | €75,309 | ▲ 4.7% |
| + Depreciation and write-downs630 | €337 | €1,419 | €1,399 | €1,156 | - | €277 | €302 | €302 | = |
| Operating cash flow (approximation) | €26,842 | €38,698 | €62,916 | €56,058 | €49,215 | €58,914 | €72,226 | €75,611 | ▲ 4.7% |
| Investment in fixed assets (approximation) | - | -€3,468 | €0 | - | - | -€1,512 | €0 | €1 | - |
| Change in cash | - | €42,203 | €79,528 | -€87,642 | -€24,047 | €14,702 | €16,647 | €30,944 | ▲ 85.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (9)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 19-03-2026 | 2026-00059583 | |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00167599 | |
| 31-12-2023 | micro format | 03-06-2024 | 2024-00104790 | |
| 31-12-2022 | micro format | 22-05-2023 | 2023-00090425 | |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20142219 | |
| 31-12-2020 | micro format | 01-06-2021 | 2021-16100421 | |
| 31-12-2019 | micro format | 28-08-2020 | 2020-45700267 | |
| 31-12-2018 | micro format | 15-07-2019 | 2019-32200272 | |
| 31-12-2017 | micro format | 20-08-2018 | 2018-46500021 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
How the board is organised
- Board ruleHow the board is made up, meets and takes decisions.
- “Vacance place administrateur, 12”“Pouvoirs administration et gestion journalière, 13”1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelque cause et à quelque moment que ce soit, 30”
Articles of association, deed of 25-03-2024 (in French)
Owners and capital
Capital and shareholders
- 25-03-2024 Converted to unavailable equity
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “1, chaque action émise en contrepartie d’un apport”
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs au prorata, commun accord ou président du tribunal de l’entreprise en référé à requête partie diligente”
- Share issue ruleHow and by whom new shares can be issued.
- “Modification des statuts,articles 5:120 et 5:121 CSA, assemblée générale comme en modification des statuts”
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- One provision in the deed
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 25-03-2024 (in French)
Group and network
Connections & network
See the function holders in the KBO register.
History
Acts, filings and financial milestones
25-03
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousPower of attorney · Capital conversion · Director in office10 facts ▸
- General meeting, “adoptée à l'unanimité mise aux voix, adoption nouveaux statuts, TELS SONT LES STATUTS” (deed in French)
- Power of attorney
- General meeting, “toutes décisions précédentes prises à l'unanimité des voix, Quatrième résolution adoptée à l'unanimité mise aux voix” (deed in French)
- General meeting, 18-03-2024
- Capital conversion, “unanimité, de plein droit en application de la loi” (deed in French)
- Amendment of the articles
- Director in office, DI PIETRANTONIO Bonifacio (director)
- Other provision, “CHAPITRE I.:DÉNOMINATION,SIEGE,OBJET,DURÉE, chapitre” (deed in French)
- Other provision, “CHAPITRE II.:PATRIMOINE DE LA SOCIETE, chapitre” (deed in French)
- Capital (2 times)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’informatique en général : l’élaboration et la conception de logiciel,la vente et l’achat de matériel informatique et de bureau,ainsi que…”
8 activities
- L’informatique en général : l’élaboration et la conception de logiciel,la vente et l’achat de matériel informatique et de bureau,ainsi que de consommables de bureau,l’étude de projets informatiques au sens large,et tout ce qui se rapporte directement ou indirectement à l’informatique,la consultance,la formation,la commercialisation des services et de produits,la maintenance hardware et software
- L’élaboration et conception de systèmes d'information géographique (SIG),systèmes d'information conçu pour recueillir,stocker,traiter,analyser,gérer et présenter tous les types de données spatiales et géographiques et de le restituer sous forme de plans et cartes
- Cartographie sur Internet,calcul d’itinéraires routiers,utilisation d’outils embarqués liés au GPS et toutes autres activités annexes ou connexes ayant un lien direct ou indirect avec l'objet social ci-dessus
- L’achat,vente de consommables pour imprimantes 3D,d'imprimantes 3D,et autres produits divers non réglementés.Impressions 3D et prestations associées
- L'étude,la conception,le montage,la vente d’appareils commandés à distance,drones civils,objets connectés,robots,la location et l’exploitation de ces appareils,la formation à l’utilisation de ces appareils,au moyen de biens apportés ou mis à disposition par les associés,achetés,créés ou pris à bail par la société,ainsi que toutes opérations se rattachant à l'objet ci-dessus,de nature à favoriser directement ou indirectement le but poursuivi par la société,son existence ou son développement
- Prestations de services de pilotage de drones
- La photogrammétrie,et toutes autres activités annexes ou connexes ayant un lien direct ou indirect avec l'objet social ci-dessus
- Consultant internet,e-commerce,vente via Internet,vente à distance,communication web,référencement web,architecte réseaux,développement de sites Internet et solutions Web
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- GISdev
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs,succursales,agences,dépôts,comptoirs en Belgique et à l’étranger par organe…”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of May at 19:00
Articles of association, deed of 25-03-2024 (in French)
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21806F0293/00N008 | Brussels | 129 m² | 1 · 74 m² | 17.2 m · 5 |