Hosted Power
ActiveSummary
Hosted Power has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €331,150 and a net result of €220,501. Equity is growing by ~40.2% per year across the filed fiscal years. Its solvency ranks better than 38% of 2729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▼-5
Solvency57▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.06 in 2024; short-term debt: 56% and cash: 11.6% of total assets), and 68.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers 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
31.8%
Return on assets
21.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-04-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
49 d early
2023
15 d late
2022
5 d early
2021
5 d early
2020
3 d early
2019
2 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 25 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#10 employer in Merelbeke-Melle, Telecoms and IT sector
Equity
€331,150▲ 43.6%
2024 · €230,649
Total assets
€1.0m▲ 13.7%
2024 · €915,027
Net result
€220,501▼ 4.5%
2024 · €230,999
Working capital
€34,664▲ 24.3%
2024 · €27,887
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€144,301▲ 97.7%€95,913▼ 33.5%€254,650▲ 166%€313,445▲ 23.1%€310,460▼ 1.0%
Net result€104,735above the sector's middle half▲ 85.1%€68,573above the sector's middle half▼ 34.5%€180,638above the sector's middle half▲ 163%€230,999above the sector's middle half▲ 27.9%€220,501above the sector's middle half▼ 4.5%
Equity€43,764within the sector's middle half▼ 10.3%€43,764within the sector's middle half=€149,650within the sector's middle half▲ 242%€230,649within the sector's middle half▲ 54.1%€331,150within the sector's middle half▲ 43.6%
Total assets€384,878above the sector's middle half▲ 75.5%€419,926above the sector's middle half▲ 9.1%€600,346within the sector's middle half▲ 43.0%€915,027within the sector's middle half▲ 52.4%€1.0mwithin the sector's middle half▲ 13.7%
Debt€341,115▲ 100.0%€376,162▲ 10.3%€450,696▲ 19.8%€684,378▲ 51.8%€709,436▲ 3.7%
Working capital-€23,556below the sector's middle half-€45,961below the sector's middle half▼ 95.1%€30,373within the sector's middle half€27,887within the sector's middle half▼ 8.2%€34,664within the sector's middle half▲ 24.3%
Solvency11.4%below the sector's middle half▼ 10.9pp10.4%below the sector's middle half▼ 0.9pp24.9%within the sector's middle half▲ 14.5pp25.2%within the sector's middle half▲ 0.3pp31.8%within the sector's middle half▲ 6.6pp
Current ratio0.92below the sector's middle half▼ 0.110.86below the sector's middle half▼ 0.071.08within the sector's middle half▲ 0.231.06within the sector's middle half▼ 0.031.06within the sector's middle half=
Return on assets (ROA)27.2%within the sector's middle half▲ 1.4pp16.3%within the sector's middle half▼ 10.9pp30.1%above the sector's middle half▲ 13.8pp25.2%above the sector's middle half▼ 4.8pp21.2%above the sector's middle half▼ 4.1pp
Staff (FTE)2.9▲ 70.6%5.8▲ 100%9within the sector's middle half▲ 55.2%8.6within the sector's middle half▼ 4.4%9.7within the sector's middle half▲ 12.8%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2023 Net result +163% on 2022. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€423,554 ▲ 6.4%
Current assets
€617,032 ▲ 19.4%
Equity and liabilities €1.0m
Equity
€331,150 ▲ 43.6%
Debt
€709,436 ▲ 3.7%
Debt's share of the balance-sheet total falls from 74.8% to 68.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€434,310▲
2024 · €420,824
Cash flow
€344,351▲
2024 · €338,379
Debt to equity
2.14▼
2024 · 2.97
ROE
66.6%▼
2024 · 100.2%
Interest coverage
27.57▼
2024 · 40.88
Debt ≤ 1 year
€582,368▲
2024 · €489,078
Debt > 1 year
€125,405▼
2024 · €193,890
Income taxes
€84,134▲
2024 · €74,437
Staff costs
€722,098▲
2024 · €500,519
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 34,696 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €141,224 | €374,794 | €567,205 | €500,519 | €722,098 | ▲ 44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,433 | €41,314 | €63,438 | €107,380 | €123,850 | ▲ 15.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €6,018 | - | - |
| Other operating charges640/8 | €4,418 | €4,324 | €3,746 | €8,399 | €7,218 | ▼ 14.1% |
| Non-recurring operating charges66A | €2,763 | €3,643 | - | - | - | - |
| Gross operating margin9900 | €316,139 | €519,988 | €889,039 | €935,759 | €1.2m | ▲ 24.4% |
| Operating profit (loss)9901 | €144,301 | €95,913 | €254,650 | €313,445 | €310,460 | ▼ 1.0% |
| Financial income75/76B | €19 | €25 | €6,312 | €2,287 | €9,929 | ▲ 334% |
| Recurring financial income75 | €19 | €25 | €6,312 | €1,370 | €3,833 | ▲ 180% |
| Non-recurring financial income76B | - | - | - | €916 | €6,096 | ▲ 565% |
| Financial charges65/66B | €1,718 | €3,080 | €7,010 | €10,295 | €15,754 | ▲ 53.0% |
| Recurring financial charges65 | €1,718 | €3,080 | €7,010 | €10,295 | €15,754 | ▲ 53.0% |
| Profit (loss) for the period before taxes9903 | €142,601 | €92,859 | €253,952 | €305,436 | €304,635 | ▼ 0.3% |
| Income taxes67/77 | €37,866 | €24,286 | €73,314 | €74,437 | €84,134 | ▲ 13.0% |
| Profit (loss) for the period9904 | €104,735 | €68,573 | €180,638 | €230,999 | €220,501 | ▼ 4.5% |
| Profit (loss) for the period to be appropriated9905 | €104,735 | €68,573 | €180,638 | €230,999 | €220,501 | ▼ 4.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €384,878 | €419,926 | €600,346 | €915,027 | €1.0m | ▲ 13.7% |
| Fixed assets21/28 | €99,478 | €144,931 | €207,620 | €398,062 | €423,554 | ▲ 6.4% |
| Intangible fixed assets21 | €5,817 | €23,694 | €16,835 | €8,365 | €100,014 | ▲ 1,096% |
| Tangible fixed assets22/27 | €93,616 | €121,193 | €190,740 | €389,652 | €323,495 | ▼ 17.0% |
| Plant, machinery and equipment23 | €2,989 | €9,043 | €8,513 | €4,024 | €4,008 | ▼ 0.4% |
| Furniture and vehicles24 | €88,662 | €108,051 | €178,732 | €122,170 | €53,442 | ▼ 56.3% |
| Other tangible fixed assets26 | €1,965 | €4,098 | €3,495 | €263,458 | €266,045 | ▲ 1.0% |
| Financial fixed assets28 | €45 | €45 | €45 | €45 | €45 | = |
| Current assets29/58 | €285,400 | €274,995 | €392,726 | €516,965 | €617,032 | ▲ 19.4% |
| Amounts receivable after more than one year29 | €10,000 | - | - | - | - | - |
| Other amounts receivable291 | €10,000 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €49,301 | €63,932 | €75,342 | €154,360 | €206,862 | ▲ 34.0% |
| Trade receivables40 | €48,418 | €56,164 | €73,288 | €134,759 | €182,449 | ▲ 35.4% |
| Other amounts receivable41 | €882 | €7,768 | €2,054 | €19,601 | €24,414 | ▲ 24.6% |
| Current investments50/53 | - | - | - | €35,640 | €285,640 | ▲ 701% |
| Cash at bank and in hand54/58 | €221,704 | €204,601 | €296,099 | €325,187 | €120,824 | ▼ 62.8% |
| Deferred charges and accrued income490/1 | €4,395 | €6,462 | €21,285 | €1,778 | €3,706 | ▲ 108% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €384,878 | €419,926 | €600,346 | €915,027 | €1.0m | ▲ 13.7% |
| Equity10/15 | €43,764 | €43,764 | €149,650 | €230,649 | €331,150 | ▲ 43.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €25,164 | €25,164 | €131,050 | €212,049 | €312,550 | ▲ 47.4% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €37,500 | €37,500 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Own shares acquired1312 | - | - | - | €35,640 | €35,640 | = |
| Distributable reserves133 | €23,304 | €23,304 | €129,190 | €174,549 | €275,050 | ▲ 57.6% |
| Amounts payable17/49 | €341,115 | €376,162 | €450,696 | €684,378 | €709,436 | ▲ 3.7% |
| Amounts payable after more than one year17 | €32,158 | €55,207 | €88,343 | €193,890 | €125,405 | ▼ 35.3% |
| Financial debts170/4 | €32,158 | €55,207 | €88,343 | €193,890 | €125,405 | ▼ 35.3% |
| Amounts payable within one year42/48 | €308,956 | €320,955 | €362,353 | €489,078 | €582,368 | ▲ 19.1% |
| Current portion of amounts payable after more than one year42 | €16,100 | €30,014 | €50,414 | €73,325 | €66,714 | ▼ 9.0% |
| Financial debts43 | - | €29,249 | €25,011 | €25,000 | - | - |
| Credit institutions430/8 | - | €29,249 | €25,011 | €25,000 | - | - |
| Trade debts44 | €59,593 | €93,110 | €82,482 | €100,289 | €121,606 | ▲ 21.3% |
| Suppliers440/4 | €59,593 | €93,110 | €82,482 | €100,289 | €121,606 | ▲ 21.3% |
| Taxes, remuneration and social security45 | €94,476 | €66,665 | €171,527 | €140,464 | €253,600 | ▲ 80.5% |
| Taxes450/3 | €70,183 | €42,823 | €83,548 | €89,640 | €128,364 | ▲ 43.2% |
| Remuneration and social security454/9 | €24,293 | €23,842 | €87,979 | €50,824 | €125,236 | ▲ 146% |
| Other amounts payable47/48 | €138,787 | €101,916 | €32,919 | €150,000 | €140,448 | ▼ 6.4% |
| Accrued charges and deferred income492/3 | - | - | - | €1,410 | €1,663 | ▲ 17.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €104,735 | €68,573 | €180,638 | €230,999 | €220,501 | ▼ 4.5% |
| + Depreciation and write-downs630 | €23,433 | €41,314 | €63,438 | €107,380 | €123,850 | ▲ 15.3% |
| Operating cash flow (approximation) | €128,168 | €109,887 | €244,076 | €338,379 | €344,351 | ▲ 1.8% |
| Investment in fixed assets (approximation) | - | -€86,767 | -€126,127 | -€297,822 | -€149,342 | ▲ 49.9% |
| Change in cash | - | -€17,103 | €91,497 | €29,089 | -€204,364 | ▼ 803% |
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
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €230,999 ▲27.9%
Operating result €313,445, net result €230,999, both a record.
30-09
Financial
Equity above €200,000Eq €230,649 ▲54.1%
7 profitable years in a row build equity to €230,649.
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 15 days late
2023
30-09
Financial
Equity above €100,000Eq €149,650 ▲242%
6 profitable years in a row build equity to €149,650.
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Merelbeke-Melle · 1 establishment unit since 2015
Ground area
841 m²
Building footprint
393 m²
Volume, LiDAR
1,928 m³
Parcel 44043A0188/00A004, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Hundelgemsesteenweg 3A, 9820 Merelbeke-Melle
since 20152.243.807.562
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44043A0188/00A004 | Flanders | 841 m² | 1 · 393 m² | 10.3 m · 1 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 8,039 EUR awarded · 6,554 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,600 EUR | 1,115 EUR |
| 2023 | 1 | 2,877 EUR | 2,982 EUR |
| 2022 | 1 | 2,562 EUR | 2,457 EUR |
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Of 30,009 companies in sector 62200 we hold annual accounts for 18,399. 13,444 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
Founded16-06-2015
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0632500178
Registered
28-07-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.