Result
Back in profit in 2025, after a loss of €40,308 in 2024.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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). It does better than 36% of them on solvency, 10% on liquidity, 28% on profitability and 62% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 34,693 companies had the same profile as jstack has now. Each dot stands for 87 companies, two years later.
That fits the bankruptcy probability of jstack itself: 0.6% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for jstack. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.05 (1.66 in 2024), above the usual 1.5. Short-term debt is 48.3% and cash 1.6% of total assets. However, 59.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| jstack Kontich | €1.9m | 4.8% | 40.1% | 7.8 |
| DIALOG SERVICES BELUX Mechelen | - | - | 49.8% | 9.4 |
| 2Commit Kontich | €1.7m | 3.4% | 68.1% | 8.7 |
| ZinderLabs Kontich | €1.6m | 3.3% | 56.0% | 9.8 |
| NESSI TECH Mechelen | - | - | 60.0% | 4.8 |
| EXCIS COMPLIANCE BELGIUM Wommelgem | - | - | -10.1% | 9.9 |
| PURPLE PANDA Brasschaat | - | - | 63.2% | 7.5 |
Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as jstack: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €470,000 and €703,000, founded between 2015 and 2019.
jstack has existed since 2016. Turnover grew from €1.4m in 2017 to €1.9m in 2025.
Inkubis holds 88% of the shares. In March 2023, the Official Gazette published the appointment of De Cronos Groep as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 51% of 1,691 companies in 2025.
Higher than 61% of 1,658 companies in 2025.
Higher than 75% of 1,673 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, nobody joined and 3 people left. Training hours in 2025: 91.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
554,227 | 414,757 | 440,263 | 392,136 | 489,250 | 882,455 | 546,129 | 488,122 | 365,047 | |
20 |
- | - | - | - | - | - | - | 232 | 717 | |
21/28 |
6,885 | 11,130 | 15,117 | 14,681 | 11,294 | 18,043 | 31,828 | 19,944 | 8,532 | |
21 |
- | - | - | - | 2,444 | 9,635 | 16,825 | - | - | |
22/27 |
6,885 | 11,130 | 14,917 | 14,681 | 8,850 | 8,408 | 15,003 | 19,944 | 8,532 | |
23 |
6,885 | 11,130 | 14,917 | 14,681 | 8,850 | 8,408 | 15,003 | 19,944 | 8,532 | |
28 |
- | - | 200 | - | - | - | - | - | - | |
29/58 |
547,342 | 403,627 | 425,146 | 377,456 | 477,956 | 864,412 | 514,301 | 467,946 | 355,798 | |
29 |
- | - | - | - | 524 | 3,280 | - | - | - | |
290 |
- | - | - | - | 524 | 3,280 | - | - | - | |
3 |
- | - | - | - | - | - | - | - | 11,478 | |
37 |
- | - | - | - | - | - | - | - | 11,478 | |
40/41 |
532,341 | 388,021 | 395,540 | 347,882 | 454,115 | 823,945 | 485,748 | 384,222 | 291,893 | |
40 |
324,717 | 361,570 | 346,328 | 329,877 | 249,666 | 414,684 | 286,799 | 369,598 | 291,893 | |
41 |
207,624 | 26,451 | 49,212 | 18,005 | 204,449 | 409,261 | 198,949 | 14,624 | - | |
54/58 |
8,689 | 7,869 | 16,976 | 19,531 | 13,468 | 28,573 | 17,273 | 75,981 | 46,065 | |
490/1 |
6,313 | 7,737 | 12,630 | 10,043 | 9,849 | 8,613 | 11,279 | 7,743 | 6,362 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
554,227 | 414,757 | 440,263 | 392,136 | 489,250 | 882,455 | 546,129 | 488,122 | 365,047 | |
10/15 |
222,390 | 153,156 | 193,464 | 170,201 | 210,651 | 339,106 | 228,220 | 112,181 | 63,065 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
13 |
160,200 | 90,200 | 131,200 | 108,200 | 148,200 | 276,200 | 166,200 | 49,200 | 1,065 | |
130/1 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | |
130 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 1,065 | |
133 |
154,000 | 84,000 | 125,000 | 102,000 | 142,000 | 270,000 | 160,000 | 43,000 | - | |
14 |
190 | 956 | 264 | 1 | 451 | 906 | 20 | 981 | - | |
16 |
350 | - | 242 | - | 977 | 977 | - | - | - | |
160/5 |
350 | - | 242 | - | 977 | 977 | - | - | - | |
160 |
350 | - | 242 | - | 977 | 977 | - | - | - | |
17/49 |
331,486 | 261,602 | 246,557 | 221,935 | 277,623 | 542,372 | 317,909 | 375,941 | 301,982 | |
42/48 |
267,587 | 243,438 | 246,415 | 221,935 | 275,376 | 521,692 | 317,909 | 372,701 | 301,982 | |
44 |
185,955 | 169,973 | 132,623 | 127,328 | 186,512 | 317,107 | 157,739 | 188,536 | 232,577 | |
440/4 |
185,955 | 169,973 | 132,623 | 127,328 | 186,512 | 317,107 | 157,739 | 188,536 | 232,577 | |
45 |
81,632 | 73,466 | 113,793 | 94,608 | 88,864 | 156,585 | 160,171 | 133,626 | 63,792 | |
450/3 |
20,477 | 5,582 | 18,816 | 23,715 | 39,036 | 94,916 | 103,298 | 57,637 | 15,421 | |
454/9 |
61,156 | 67,884 | 94,977 | 70,893 | 49,829 | 61,669 | 56,873 | 75,989 | 48,371 | |
47/48 |
- | - | - | - | - | 48,000 | - | 50,539 | 5,613 | |
492/3 |
63,899 | 18,163 | 142 | - | 2,247 | 20,680 | - | 3,240 | - | |
| Income statement | ||||||||||
70 |
1.9m | 1.9m | 1.8m | 1.6m | 1.6m | 1.8m | 1.6m | 1.7m | 1.4m | |
76A |
229 | 56 | - | 1 | 554 | - | - | - | - | |
9900 |
698,850 | 727,519 | 843,819 | 591,294 | 490,528 | 819,466 | 883,358 | 779,532 | 676,690 | |
60/61 |
1.2m | 1.2m | 928,755 | 1.0m | 1.2m | 1.0m | 786,668 | 967,974 | 841,275 | |
62 |
597,733 | 738,511 | 793,281 | 615,815 | 539,706 | 586,065 | 678,171 | 684,055 | 631,245 | |
630 |
7,004 | 10,008 | 8,904 | 8,294 | 14,486 | 16,486 | 14,417 | 5,790 | 2,457 | |
631/4 |
350 | -242 | 242 | -977 | - | - | - | -14,918 | 14,918 | |
635/8 |
- | - | - | - | - | 977 | - | - | - | |
640/8 |
2,157 | 3,325 | 4,098 | 3,307 | 3,040 | 3,115 | 3,028 | 3,544 | 3,681 | |
66A |
244 | - | - | - | - | - | 47 | - | - | |
9901 |
91,362 | -24,082 | 37,294 | -35,145 | -66,703 | 212,823 | 187,695 | 101,061 | 24,389 | |
75/76B |
728 | 128 | 286 | 191 | 442 | 309 | 154 | 1 | - | |
75 |
728 | 128 | 286 | 191 | 442 | 309 | 154 | 1 | - | |
65/66B |
12,948 | 14,354 | 9,459 | 5,542 | 6,987 | 6,550 | 8,013 | 12,409 | 8,324 | |
65 |
12,948 | 14,354 | 9,459 | 5,542 | 6,987 | 6,550 | 8,013 | 12,409 | 8,324 | |
9903 |
79,142 | -38,308 | 28,121 | -40,496 | -73,248 | 206,582 | 179,837 | 88,654 | 16,065 | |
67/77 |
9,908 | 2,000 | 4,857 | -46 | 208 | 47,696 | 63,798 | 39,538 | 15,000 | |
9904 |
69,235 | -40,308 | 23,263 | -40,450 | -73,456 | 158,886 | 116,039 | 49,116 | 1,065 | |
9905 |
69,235 | -40,308 | 23,263 | -40,450 | -73,456 | 158,886 | 116,039 | 49,116 | 1,065 | |
| Appropriation of the result | ||||||||||
9906 |
70,190 | -40,044 | 23,264 | -39,999 | -72,549 | 158,906 | 117,020 | 49,116 | 1,065 | |
14P |
956 | 264 | 1 | 451 | 906 | - | - | - | - | |
791/2 |
- | 41,000 | - | 40,000 | 128,000 | - | - | - | - | |
691/2 |
70,000 | - | 23,000 | - | - | 110,000 | 117,000 | 48,135 | 1,065 | |
6920 |
- | - | - | - | - | - | - | 5,135 | 1,065 | |
6921 |
70,000 | - | 23,000 | - | - | 110,000 | 117,000 | 43,000 | - | |
694/7 |
- | - | - | - | 55,000 | 48,000 | - | - | - | |
694 |
- | - | - | - | 55,000 | - | - | - | - | |
695 |
- | - | - | - | - | 48,000 | - | - | - | |
| Social balance sheet | ||||||||||
9087 |
7.8 | 10.3 | 12.3 | 9.7 | 9.3 | 10 | 11.4 | 11.5 | 6.7 | |
Hours worked1013 |
12,991 | 16,647 | 19,364 | 16,120 | 14,701 | 16,279 | 18,469 | 19,012 | 17,023 | |
| Document | ||||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.
2025 annual accounts filed 24 days after the deadline. Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00437589.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 24-08-2026 | 2026-00437589 | |
| 31-12-2024 | abbreviated format | 07-07-2025 | 2025-00250676 | |
| 31-12-2023 | abbreviated format | 02-09-2024 | 2024-00442825 | |
| 31-12-2022 | abbreviated format | 10-08-2023 | 2023-00326122 | |
| 31-12-2021 | abbreviated format | 24-08-2022 | 2022-20311877 | |
| 31-12-2020 | abbreviated format | 12-07-2021 | 2021-34500069 | |
| 31-12-2019 | abbreviated format | 09-07-2020 | 2020-28400165 | |
| 31-12-2018 | abbreviated format | 24-06-2019 | 2019-22500499 | |
| 31-12-2017 | abbreviated format | 27-07-2018 | 2018-38900149 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 98,366 | -14,074 | 46,198 | -26,851 | -52,217 | 229,309 | 202,112 | 106,851 | 26,846 | ||
| 76,239 | -30,300 | 32,167 | -32,156 | -58,970 | 175,372 | 130,456 | 54,906 | 3,522 | ||
| 3,136 | 7,198 | 9,340 | 11,680 | 8,200 | 2,701 | 25,996 | 16,716 | 10,250 | ||
| 819 | -9,107 | -2,555 | 6,063 | -15,105 | 11,300 | -58,708 | 29,916 | - | ||
| 279,755 | 160,189 | 178,731 | 155,520 | 202,580 | 342,720 | 196,392 | 95,246 | 53,816 | ||
| 4.8% | -1.3% | 2.1% | -2.2% | -4.1% | 11.8% | 11.4% | 5.8% | 1.8% | ||
| 40.1% | 36.9% | 43.9% | 43.4% | 43.1% | 38.4% | 41.8% | 23.0% | 17.3% | ||
| 2.05 | 1.66 | 1.73 | 1.70 | 1.74 | 1.66 | 1.62 | 1.26 | 1.18 | ||
| 2.05 | 1.66 | 1.73 | 1.70 | 1.74 | 1.66 | 1.62 | 1.26 | 1.14 | ||
| 1.49 | 1.71 | 1.27 | 1.30 | 1.32 | 1.60 | 1.39 | 3.35 | 4.79 | ||
| 31.1% | -26.3% | 12.0% | -23.8% | -34.9% | 46.9% | 50.8% | 43.8% | 1.7% | ||
| 12.5% | -9.7% | 5.3% | -10.3% | -15.0% | 18.0% | 21.2% | 10.1% | 0.3% | ||
| 7.60 | -0.98 | 4.88 | -4.85 | -7.47 | - | - | - | - | ||
| 62 days | 69 days | 72 days | 75 days | 56 days | 84 days | 64 days | 78 days | 78 days | ||
| 55 days | 51 days | 52 days | 45 days | 59 days | 114 days | 73 days | 71 days | 101 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 10 | 14 | 12 | 9 |
| full-time | 4 | 9 | 11 | 10 | 8 |
| part-time | 3 | 1 | 3 | 2 | 1 |
| in full-time equivalents | 6.2 | 9.8 | 13.5 | 11.7 | 8.8 |
| 7.8 | 10.3 | 12.3 | 9.7 | 9.3 | |
| On a permanent contract | 7 | 10 | 14 | 12 | 9 |
| Joined | 0 | 2 | 1 | 4 | 2 |
| Left | 3 | 6 | 1 | 1 | 3 |
| Training hours | 91 | 242 | - | 463 | 112 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €3,136 | €7,198 | €9,140 | €11,680 | €8,200 |
| Financial fixed assets | - | - | €200 | - | - |
| €7,004 | €10,008 | €8,904 | €8,294 | €14,486 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €91,362, after a loss of €24,082 in 2024. It is the highest result since 2020.
Debt's share of the balance-sheet total falls from 63.1% to 59.8%. Equity and debt are higher.
Further up the chainDe Cronos Groep 90%Nuclys 95.22%
Source: shareholder structure in its own accounts, parent in its own accounts, lists of holdings in the owners' accounts
Source: list of holdings in the 2025 accounts of Inkubis. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.
Part of the group Nuclys Group, risk and exposure| Inkubis
registered office since 25-07-2014 · founded in 2014 · group Nuclys |
3.8 FTE (2025) 0557.978.741 |
| Mayker
registered office since 10-03-2022 · founded in 2022 · group Nuclys |
12 FTE (2025) 0783.296.675 |
| iAdvise
registered office since 02-11-2004 · founded in 2004 · group Nuclys |
22 FTE (2025) 0869.772.769 |
| Bryxx
establishment since 16-04-2013 · founded in 2013 · group Nuclys |
12 FTE (2025) 0526.904.691 |
| Supersonic
establishment since 27-09-2010 · founded in 2010 · group Nuclys |
7.4 FTE (2025) 0829.695.636 |
| Medminds
registered office since 19-06-2019 · founded in 2019 · negative equity (2025) · group Nuclys |
0.1 FTE (2025) 0728.660.733 |
| AKTIV
registered office since 14-11-2002 · founded in 2002 · negative equity (2025) · group Nuclys |
total assets €5,982 (2025) 0478.209.901 |
The network lets you explore the ties of jstack.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| jstack, DCNTR, Angler Zero registered office Veldkant 33 B, 2550 Kontich | 24-06-2016 | 2.254.521.906 |
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