GREATER THAN

Active

Public limited companyfounded 200322 yrs activeSint-Lazaruslaan 4-10, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0860.741.970

GREATER THAN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €519k and a net result of €-163k. Equity is shrinking by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 34% of 1395 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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Checked score

Score 2025

44 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability11▼-2

Solvency45▼-6

Growth32=

Track record100

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €22k at 30 days only on tighter terms

Liquidity short (current ratio 0.03 against 0.04 in 2024; short-term debt: 80.2% and cash: 0.2% of total assets), and 80.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year €-163k

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-03-2026, 128 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

128 d early

2024

16 d early

2023

41 d early

2022

62 d early

2021

53 d early

2020

89 d early

2019

43 d early

← before the deadline after the deadline →

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 months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-163k▼ 33.6%

2024 · €-122k

2018: €-8k 2019: €-199k 2020: €-137k 2021: €-320k 2022: €-266k 2023: €-74k 2024: €-122k

2018 → 2025

Working capital

€-2.04M▼ 8.5%

2024 · €-1.88M

2018: €-171k 2019: €-782k 2020: €-40k 2021: €-1.15M 2022: €-1.75M 2023: €-1.79M 2024: €-1.88M

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€1.14M-€878k▼ 23.2%€804k▼ 8.4%€682k▼ 15.1%€519k▼ 23.8%

Operating result€-302k-€-253k▲ 16.4%€-68k▲ 73.0%€-121k▼ 77.8%€-162k▼ 33.5%

Net result€-320k-€-266k▲ 16.9%€-74k▲ 72.2%€-122k▼ 64.5%€-163k▼ 33.6%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €162k in 2025 against €121k in 2024; the loss grows.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €2.62M

97.9%

Fixed assets €2.56M▼ 0.1%

Current assets €54k▼ 36.6%

Equity and liabilities €2.62M

19.8%

80.2%

Equity €519k▼ 23.8%

Debt €2.10M▲ 6.6%

The debt ratio rises from 74.3% to 80.2%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-131k▼

2024 · €-90k

Cash flow

€-132k▼

2024 · €-91k

Solvency

19.8%▼

2024 · 25.7%

Current ratio

0.03▼

2024 · 0.04

Quick ratio

0.03▼

2024 · 0.04

Debt / equity

4.04▲

2024 · 2.89

ROE

-31.3%▼

2024 · -17.8%

ROA

-6.2%▼

2024 · -4.6%

Interest coverage

-172.97▲

2024 · -189.29

Debt

€2.10M▲

2024 · €1.97M

Debt ≤ 1 year

€2.10M▲

2024 · €1.97M

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€2.65M€2.62M▼

Fixed assets21/28€2.56M€2.56M▼

Intangible fixed assets21€152k€125k▼

Financial fixed assets28€2.41M€2.44M▲

Current assets29/58€85k€54k▼

Amounts receivable within one year40/41€25k€0▼

Other amounts receivable41€25k€0▼

Cash at bank and in hand54/58€18k€5k▼

Deferred charges and accrued income490/1€42k€49k▲

Equity and liabilities

Total equity and liabilities10/49€2.65M€2.62M▼

Equity10/15€682k€519k▼

Contributions10/11€5.12M€5.12M=

Capital10€5.12M€5.12M=

Issued capital100€5.12M€5.12M=

Profit (loss) carried forward14€-4.44M€-4.60M▼

Amounts payable17/49€1.97M€2.10M▲

Amounts payable within one year42/48€1.97M€2.10M▲

Trade debts44€100€7k▲

Suppliers440/4€100€7k▲

Other amounts payable47/48€1.97M€2.09M▲

Accrued charges and deferred income492/3€67€42▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€31k▲

Other operating charges640/8-€24k

Gross operating margin9900€-90k€-107k▼

Operating profit (loss)9901€-121k€-162k▼

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€477€756▲

Recurring financial charges65€477€756▲

Non-recurring financial charges66B€0-

Profit (loss) for the period before taxes9903€-122k€-163k▼

Profit (loss) for the period9904€-122k€-163k▼

Profit (loss) for the period to be appropriated9905€-122k€-163k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-4.44M€-4.60M▼

Profit (loss) brought forward from the previous period14P€-4.31M€-4.44M▼

Social balance

Average headcount (FTE)90870.0-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 13Financial 2Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

08-09

State Gazette act General meeting · Director resignation

General meeting · Director resignation · Board composition6 facts ▸

General meeting, 2026-06-24
Director resignation, Sten FORSEKE (administrateur)
Board composition, administrateur, 2026-05-01
Board composition, administrateur, 2026-05-01
Board meeting, 2026-06-24
Director appointment, Johanna FORSEKE (administrateur délégué)

25-03

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

15-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

20-06

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

30-05

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

08-06

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

31-12

Financial Weakest financial yearnet €-320k

Net result drops to €-320k, the lowest in the series; recovery starts the following year.

03-05

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Equity above €2MEq €2.38M ▲48.6%

Equity rises from €1.60M to €2.38M.

18-06

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

11-06

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

10-04

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

10-05

NBB filing Annual accounts filed

fiscal year 2016 · full schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 directors, no change since 2026

Johanna FORSEKE

Managing director · since 24-06-2026

Current

24-06-2026 Johanna FORSEKE: Appointed as Managing director

24-06-2026 Sten FORSEKE: Resigned as Director

Location & real-estate footprint

Registered office, Sint-Joost-ten-Node · 1 establishment unit since 2003

establishment The establishment unit on the map

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.

Sint-Lazaruslaan 4-101210 Sint-Joost-ten-Node

Ground area

3,162 m²

Building footprint

2,256 m²

Volume, LiDAR

107,414 m³

Parcel 21014A0112/00K002, Brussels · tallest building 79.3 m, ±19 floors. Linked by address, not a title deed.

1 establishment unit

Sint-Lazaruslaan 4-6 ET6, 1210 Sint-Joost-ten-Node

NACE 72210

since 20032.371.758.678

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21014A0112/00K002	Brussels	3,162 m²	1 · 2,256 m²	79.3 m · 19 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.

Public money · subsidies and aid

European research

1 project · 1 as coordinator · 1,975,663 EUR EU contribution

Programmes

h2020

1 entry · 1,975,663 EUR

Projects

Scalable Deep learning AI driver influence solutions - Road Lifeguard for global prevention of car accidents

h2020 · coordinator · 01-10-2020 to 30-09-2022 · 1,975,663 EUR · Road Lifeguard

Similar companies · same sector, comparable size

Support Services

BE 0886.572.971

Dendermonde · Eq €518k

Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,089 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded26-09-2003

Fiscal year end31-12

Activities, NACEBEL

62900Other information technology and computer services

72600

70200Business and other management consultancy

70220Business consulting

74142

Sources

Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.