LessIsMore
ActiveLessIsMore has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €103k and a net result of €65k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 17% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▼-2
Solvency45=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.17 in 2023; short-term debt: 74.3% and cash: 13.9% of total assets), and 80.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 20785 sector peers (2024).
NBB · sector comparisonPosition among 20785 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
92 d late
2021
31 d late
2020
92 d late
2019
120 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€103k▲ 4.8%
2023 · €98k
2018: €130k
2019: €130k
2020: €131k
2021: €132k
2022: €151k
2023: €98k
2018 → 2024
Total assets
€526k▲ 8.3%
2023 · €486k
2018: €439k
2019: €412k
2020: €427k
2021: €478k
2022: €499k
2023: €486k
2018 → 2024
Net result
€65k▼ 4.3%
2023 · €68k
2018: €251k
2019: €43k
2020: €33k
2021: €76k
2022: €44k
2023: €68k
2018 → 2024
Working capital
€20k▼ 63.8%
2023 · €55k
2018: €273k
2019: €221k
2020: €210k
2021: €206k
2022: €173k
2023: €55k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€131k-€132k▲ 0.4%€151k▲ 14.1%€98k▼ 34.8%€103k▲ 4.8%
Operating result€41k-€87k▲ 114%€61k▼ 29.4%€72k▲ 17.7%€69k▼ 4.4%
Net result€33k-€76k▲ 130%€44k▼ 42.2%€68k▲ 54.9%€65k▼ 4.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €526k
Fixed assets
€115k▲ 10.6%
Current assets
€411k▲ 7.7%
Equity and liabilities €526k
Equity
€103k▲ 4.8%
Debt
€423k▲ 9.2%
The debt ratio rises from 79.8% to 80.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€85k▲
2023 · €85k
Cash flow
€81k▲
2023 · €80k
Solvency
19.5%▼
2023 · 20.2%
Current ratio
1.05▼
2023 · 1.17
Quick ratio
1.02▼
2023 · 1.14
Debt / equity
4.12▲
2023 · 3.95
ROE
62.9%▼
2023 · 68.9%
ROA
12.3%▼
2023 · 13.9%
Interest coverage
23.57▲
2023 · 17.99
Debt
€423k▲
2023 · €388k
Debt ≤ 1 year
€391k▲
2023 · €327k
Debt > 1 year
€32k▼
2023 · €61k
Income taxes
€5k▼
2023 · €46k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€486k€526k▲
Fixed assets21/28€104k€115k▲
Tangible fixed assets22/27€104k€115k▲
Land and buildings22€102k€89k▼
Plant, machinery and equipment23€745€2k▲
Furniture and vehicles24€2k€24k▲
Current assets29/58€382k€411k▲
Amounts receivable after more than one year29€107k€90k▼
Other amounts receivable291€107k€90k▼
Stocks and contracts in progress3€10k€12k▲
Stocks30/36€10k€12k▲
Amounts receivable within one year40/41€37k€14k▼
Trade receivables40€30k€14k▼
Other amounts receivable41€8k-
Current investments50/53€157k€217k▲
Cash at bank and in hand54/58€69k€73k▲
Deferred charges and accrued income490/1€1k€5k▲
Equity and liabilities
Total equity and liabilities10/49€486k€526k▲
Equity10/15€98k€103k▲
Contributions10/11€19k€19k=
Reserves13€80k€84k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€78k€82k▲
Amounts payable17/49€388k€423k▲
Amounts payable after more than one year17€61k€32k▼
Financial debts170/4€61k€32k▼
Amounts payable within one year42/48€327k€391k▲
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€12k€17k▲
Taxes450/3€12k€17k▲
Other amounts payable47/48€284k€344k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€16k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€87k€88k▲
Operating profit (loss)9901€72k€69k▼
Financial income75/76B€395€5k▲
Recurring financial income75€395€5k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€68k€70k▲
Transfer from deferred taxes780€46k-
Income taxes67/77€46k€5k▼
Profit (loss) for the period9904€68k€65k▼
Transfer from tax-exempt reserves789€265k-
Profit (loss) for the period to be appropriated9905€333k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€179k€65k▼
Profit (loss) brought forward from the previous period14P€-154k-
Transfer to equity691/2€59k€5k▼
To other reserves6921€59k€5k▼
Profit to be distributed694/7€120k€60k▼
Directors or managers695€120k€60k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Equity above €100kEq €103k ▲4.8%
7 profitable years in a row build equity to €103k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Equity above €150kEq €151k ▲14.1%
5 profitable years in a row build equity to €151k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
31-12
Financial
Weakest financial yearnet €33k ▼22.7%
Net result drops to €33k, the lowest in the series; recovery starts the following year.
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 120 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
03-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 64 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Destelbergen · 1 establishment unit since 2006
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.
Haenhoutstraat 1799070 DestelbergenGround area
5,817 m²
Building footprint
1,478 m²
Volume, LiDAR
36,115 m³
2 parcels, Brussels, Flanders · tallest building 33.9 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
LessIsMore
since 20062.154.941.112
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44333H0076/00V000 | Flanders | 4,193 m² | 1 · 192 m² | 10.5 m · 2 fl. |
| 21807G0001/00L000 | Brussels | 1,625 m² | 1 · 1,286 m² | 33.9 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BT4DM
BE 0803.764.368
Ath · Eq €103k
C13 Consulting
BE 1006.489.024
Sint-Pieters-Woluwe · Eq €103k
DATA MAGNETS
BE 1003.344.937
Hemiksem · Eq €103k
WEBEO
BE 0736.718.067
Geel · Eq €103k
Consulting4Healthcare
BE 0799.828.247
Lier · Eq €103k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,558 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-06-2006
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
74142
47252Retail sale of beverages, general range
52250Logistics services
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
70203
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.