MAIN
ActiveSummary
MAIN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69k and a net result of €29k. Equity is shrinking by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+29
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 16.6 against 4.37 in 2024; short-term debt: 3.5% and cash: 40% of total assets), and 3.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 · 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
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
96.5%
Return on assets
40.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €69k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
24 d early
2023
30 d early
2022
4 d early
2021
30 d late
2020
31 d late
2019
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€69k▲ 72.2%
2024 · €40k
2018: €131khighest in 8 years
2019: €98k▼ -25.2% vs 2018
2020: €48k▼ -50.8% vs 2019
2021: €88k▲ +82.0% vs 2020
2022: €74k▼ -15.2% vs 2021
2023: €39k▼ -47.1% vs 2022lowest in 8 years
2024: €40k▲ +1.9% vs 2023
2025: €69k▲ +72.2% vs 2024
2018 → 2025
Total assets
€72k▲ 47.6%
2024 · €48k
2018: €176khighest in 8 years
2019: €110k▼ -37.7% vs 2018
2020: €60k▼ -45.6% vs 2019
2021: €104k▲ +74.7% vs 2020
2022: €80k▼ -23.1% vs 2021
2023: €44k▼ -45.1% vs 2022lowest in 8 years
2024: €48k▲ +10.2% vs 2023
2025: €72k▲ +47.6% vs 2024
2018 → 2025
Net result
€29k▲ 3,714%
2024 · €759
2018: €60khighest in 8 years
2019: €-33k▼ -155% vs 2018
2020: €-50k▼ -50.5% vs 2019lowest in 8 years
2021: €40k▲ +179% vs 2020
2022: €-13k▼ -134% vs 2021
2023: €-35k▼ -163% vs 2022
2024: €759▲ +102% vs 2023
2025: €29k▲ +3714% vs 2024
2018 → 2025
Working capital
€39k▲ 39.3%
2024 · €28k
2018: €127khighest in 8 years
2019: €92k▼ -27.0% vs 2018
2020: €43k▼ -53.6% vs 2019
2021: €80k▲ +87.5% vs 2020
2022: €54k▼ -32.8% vs 2021
2023: €23k▼ -56.9% vs 2022lowest in 8 years
2024: €28k▲ +21.2% vs 2023
2025: €39k▲ +39.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€88k-€74k▼ 15.2%€39k▼ 47.1%€40k▲ 1.9%€69k▲ 72.2%
2021: €88khighest in 5 years
2022: €74k▼ -15.2% vs 2021
2023: €39k▼ -47.1% vs 2022lowest in 5 years
2024: €40k▲ +1.9% vs 2023
2025: €69k▲ +72.2% vs 2024
Operating result€40k-€-17k€-35k▼ 110%€1k€30k▲ 2,226%
2021: €40khighest in 5 years
2022: €-17k▼ -141% vs 2021
2023: €-35k▼ -110% vs 2022lowest in 5 years
2024: €1k▲ +104% vs 2023
2025: €30k▲ +2226% vs 2024
Net result€40k-€-13k€-35k▼ 163%€759€29k▲ 3,714%
2021: €40khighest in 5 years
2022: €-13k▼ -134% vs 2021
2023: €-35k▼ -163% vs 2022lowest in 5 years
2024: €759▲ +102% vs 2023
2025: €29k▲ +3714% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 2,226% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€30k ▲ 151%
Current assets
€42k ▲ 14.4%
Equity and liabilities €72k
Equity
€69k ▲ 72.2%
Debt
€3k ▼ 69.9%
Debt's share of the balance-sheet total falls from 17.3% to 3.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▲
2024 · €5k
Cash flow
€36k▲
2024 · €5k
Current ratio
16.60▲
2024 · 4.37
Debt to equity
0.04▼
2024 · 0.21
ROE
41.9%▲
2024 · 1.9%
ROA
40.5%▲
2024 · 1.6%
Interest coverage
190.93▲
2024 · 18.54
Debt ≤ 1 year
€3k▼
2024 · €8k
Income taxes
€435▲
2024 · €218
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€48k€72k▲
Fixed assets21/28€12k€30k▲
Tangible fixed assets22/27€12k€30k▲
Land and buildings22€3k€4k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€8k€23k▲
Other tangible fixed assets26€1k€804▼
Current assets29/58€37k€42k▲
Amounts receivable within one year40/41€20k€13k▼
Trade receivables40€20k€11k▼
Other amounts receivable41€0€2k▲
Cash at bank and in hand54/58€17k€29k▲
Deferred charges and accrued income490/1€396€179▼
Equity and liabilities
Total equity and liabilities10/49€48k€72k▲
Equity10/15€40k€69k▲
Contributions10/11€7k€7k=
Reserves13€102k€102k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€100k€100k=
Profit (loss) carried forward14€-68k€-39k▲
Amounts payable17/49€8k€3k▼
Amounts payable within one year42/48€8k€3k▼
Trade debts44€149€849▲
Suppliers440/4€149€849▲
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Remuneration and social security454/9€500€0▼
Other amounts payable47/48€3k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k▲
Other operating charges640/8€451€465▲
Non-recurring operating charges66A-€4k
Gross operating margin9900€6k€41k▲
Operating profit (loss)9901€1k€30k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€295€190▼
Recurring financial charges65€295€190▼
Profit (loss) for the period before taxes9903€977€29k▲
Income taxes67/77€218€435▲
Profit (loss) for the period9904€759€29k▲
Profit (loss) for the period to be appropriated9905€759€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-68k€-39k▲
Profit (loss) brought forward from the previous period14P€-69k€-68k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €2k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €4k | €4k | €7k | ▲ 58.0% |
| Other operating charges640/8 | €566 | €405 | €664 | €451 | €465 | ▲ 3.2% |
| Non-recurring operating charges66A | - | - | - | - | €4k | - |
| Gross operating margin9900 | €43k | €-13k | €-30k | €6k | €41k | ▲ 595% |
| Operating profit (loss)9901 | €40k | €-17k | €-35k | €1k | €30k | ▲ 2,226% |
| Financial income75/76B | - | €4k | €0 | - | €0 | - |
| Recurring financial income75 | - | €4k | €0 | - | €0 | - |
| Financial charges65/66B | €347 | €493 | €148 | €295 | €190 | ▼ 35.7% |
| Recurring financial charges65 | €347 | €493 | €148 | €295 | €190 | ▼ 35.7% |
| Profit (loss) for the period before taxes9903 | €40k | €-13k | €-35k | €977 | €29k | ▲ 2,909% |
| Income taxes67/77 | €270 | €106 | €207 | €218 | €435 | ▲ 100.0% |
| Profit (loss) for the period9904 | €40k | €-13k | €-35k | €759 | €29k | ▲ 3,714% |
| Profit (loss) for the period to be appropriated9905 | €40k | €-13k | €-35k | €759 | €29k | ▲ 3,714% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €104k | €80k | €44k | €48k | €72k | ▲ 47.6% |
| Fixed assets21/28 | €9k | €20k | €16k | €12k | €30k | ▲ 151% |
| Tangible fixed assets22/27 | €9k | €20k | €16k | €12k | €30k | ▲ 151% |
| Land and buildings22 | €5k | €4k | €4k | €3k | €4k | ▲ 11.3% |
| Plant, machinery and equipment23 | €208 | €2 | €0 | - | €2k | - |
| Furniture and vehicles24 | €2k | €15k | €11k | €8k | €23k | ▲ 206% |
| Other tangible fixed assets26 | €2k | €1k | €1k | €1k | €804 | ▼ 20.2% |
| Current assets29/58 | €95k | €60k | €28k | €37k | €42k | ▲ 14.4% |
| Amounts receivable within one year40/41 | €67k | €9k | €4k | €20k | €13k | ▼ 33.3% |
| Trade receivables40 | €24k | €8k | €3k | €20k | €11k | ▼ 43.6% |
| Other amounts receivable41 | €43k | €665 | €637 | €0 | €2k | - |
| Cash at bank and in hand54/58 | €28k | €50k | €23k | €17k | €29k | ▲ 72.6% |
| Deferred charges and accrued income490/1 | €66 | €416 | €694 | €396 | €179 | ▼ 54.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €104k | €80k | €44k | €48k | €72k | ▲ 47.6% |
| Equity10/15 | €88k | €74k | €39k | €40k | €69k | ▲ 72.2% |
| Contributions10/11 | €7k | €7k | €7k | €7k | €7k | = |
| Reserves13 | €102k | €102k | €102k | €102k | €102k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €100k | €100k | €100k | €100k | €100k | = |
| Profit (loss) carried forward14 | €-20k | €-34k | €-69k | €-68k | €-39k | ▲ 42.6% |
| Amounts payable17/49 | €17k | €6k | €5k | €8k | €3k | ▼ 69.9% |
| Amounts payable within one year42/48 | €15k | €6k | €5k | €8k | €3k | ▼ 69.9% |
| Trade debts44 | €8k | €1k | €821 | €149 | €849 | ▲ 471% |
| Suppliers440/4 | €8k | €1k | €821 | €149 | €849 | ▲ 471% |
| Taxes, remuneration and social security45 | €7k | €544 | €244 | €5k | €2k | ▼ 68.7% |
| Taxes450/3 | €7k | €544 | €244 | €5k | €2k | ▼ 65.5% |
| Remuneration and social security454/9 | - | - | - | €500 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €4k | €4k | €3k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | €2k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40k | €-13k | €-35k | €759 | €29k | ▲ 3,714% |
| + Depreciation and write-downs630 | €2k | €3k | €4k | €4k | €7k | ▲ 58.0% |
| Operating cash flow (approximation) | €42k | €-10k | €-31k | €5k | €36k | ▲ 618% |
| Investment in fixed assets (approximation) | - | €-15k | €0 | €0 | €-24k | - |
| Change in cash | - | €22k | €-27k | €-7k | €12k | ▲ 278% |
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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 16.60
Current ratio from 4.37 to 16.60; short-term debt falls from €8k to €3k.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €759
Net result €759 after 2 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €40k
Net result €40k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-50k
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 8.87
Current ratio from 3.80 to 8.87; short-term debt falls from €45k to €12k.
Show earlier events
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
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, Kortenberg · 1 establishment unit since 2001
Ground area
1,831 m²
Building footprint
382 m²
Volume, LiDAR
2,399 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Weggevoerdenstraat 9, 3012 Leuven
since 20012.116.461.905
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24126B0170/00P000 | Flanders | 1,459 m² | 1 · 215 m² | 10.3 m · 2 fl. |
| 24068A0031/00H000 | Flanders | 372 m² | 1 · 167 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,772. 6,915 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 (pre-2019)
Founded13-09-2001
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
Scores and ratios are computed by Checked and are not a credit decision.