Next Phase
ActiveSummary
Next Phase has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,448 and a net result of €48,789. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency54▲+4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.74 in 2024; short-term debt: 69.9% and cash: 24.5% of total assets), and 70.5% of the assets are financed with debt.
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Signals
Two 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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
on the day
2024
2 d early
2023
55 d late
2022
3 d late
2021
2 d early
2020
19 d early
2019
16 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 3 days after 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€19,448▲ 61.2%
2024 · €12,065
Total assets
€65,944▲ 34.8%
2024 · €48,926
Net result
€48,789
2024 · -€13,927
Working capital
€4,396▼ 78.4%
2024 · €20,384
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€22,985▲ 113%-€1,135€1,207-€13,831€54,492
Net result€13,162▲ 68.0%-€4,051-€98▲ 97.6%-€13,927▼ 14,111%€48,789
Equity€30,140▲ 62.2%€26,089▼ 13.4%€25,991▼ 0.4%€12,065▼ 53.6%€19,448▲ 61.2%
Total assets€51,308▲ 73.3%€93,465▲ 82.2%€47,429▼ 49.3%€48,926▲ 3.2%€65,944▲ 34.8%
Debt€21,167▲ 91.9%€67,375▲ 218%€21,438▼ 68.2%€36,861▲ 71.9%€46,496▲ 26.1%
Working capital€28,165▲ 51.6%-€24,573€23,836€20,384▼ 14.5%€4,396▼ 78.4%
Staff (FTE)0.30.6▲ 100%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €54,492 after a loss of €13,831 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65,944
Fixed assets
€15,469 ▲ 1,219%
Current assets
€50,475 ▲ 5.7%
Equity and liabilities €65,944
Equity
€19,448 ▲ 61.2%
Debt
€46,496 ▲ 26.1%
Debt's share of the balance-sheet total falls from 75.3% to 70.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€55,557▲
2024 · -€12,848
Cash flow
€49,854▲
2024 · -€12,944
Current ratio
1.10▼
2024 · 1.74
Debt to equity
2.39▼
2024 · 3.06
ROE
250.9%▲
2024 · -115.4%
ROA
74.0%▲
2024 · -28.5%
Interest coverage
63.08▲
2024 · -9.04
Debt ≤ 1 year
€46,079▲
2024 · €27,369
Income taxes
€5,461
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 6,703 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 | - | €18,583 | €176 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €279 | €709 | €983 | €983 | €1,065 | ▲ 8.4% |
| Other operating charges640/8 | - | €872 | €5,754 | €2,231 | €1,823 | ▼ 18.3% |
| Gross operating margin9900 | €35,464 | €19,028 | €8,120 | -€10,617 | €57,380 | ▲ 640% |
| Operating profit (loss)9901 | €22,985 | -€1,135 | €1,207 | -€13,831 | €54,492 | ▲ 494% |
| Financial income75/76B | - | €35 | €811 | €1,326 | €640 | ▼ 51.8% |
| Recurring financial income75 | €853 | €35 | €811 | €1,326 | €640 | ▼ 51.8% |
| Financial charges65/66B | - | €2,742 | €1,688 | €1,422 | €881 | ▼ 38.0% |
| Recurring financial charges65 | €3,260 | €2,742 | €1,688 | €1,422 | €881 | ▼ 38.0% |
| Profit (loss) for the period before taxes9903 | €19,725 | -€3,842 | €330 | -€13,927 | €54,250 | ▲ 490% |
| Income taxes67/77 | €6,563 | €209 | €428 | - | €5,461 | - |
| Profit (loss) for the period9904 | €13,162 | -€4,051 | -€98 | -€13,927 | €48,789 | ▲ 450% |
| Profit (loss) for the period to be appropriated9905 | €13,162 | -€4,051 | -€98 | -€13,927 | €48,789 | ▲ 450% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51,308 | €93,465 | €47,429 | €48,926 | €65,944 | ▲ 34.8% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €1,976 | €50,663 | €2,156 | €1,173 | €15,469 | ▲ 1,219% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €1,976 | €50,413 | €1,906 | €923 | €15,219 | ▲ 1,549% |
| Plant, machinery and equipment23 | - | €2,888 | €1,906 | €923 | €4,538 | ▲ 392% |
| Furniture and vehicles24 | - | €47,524 | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | - | €10,681 | - |
| Financial fixed assets28 | €0 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €49,332 | €42,802 | €45,274 | €47,753 | €50,475 | ▲ 5.7% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €40,428 | €34,129 | €41,623 | €39,663 | €33,224 | ▼ 16.2% |
| Trade receivables40 | - | €21,935 | €10,113 | €2,723 | €23,900 | ▲ 778% |
| Other amounts receivable41 | - | €12,193 | €31,511 | €36,940 | €9,324 | ▼ 74.8% |
| Current investments50/53 | €0 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €7,152 | €8,474 | €3,651 | €8,017 | €16,136 | ▲ 101% |
| Deferred charges and accrued income490/1 | - | €200 | - | €72 | €1,115 | ▲ 1,445% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51,308 | €93,465 | €47,429 | €48,926 | €65,944 | ▲ 34.8% |
| Equity10/15 | €30,140 | €26,089 | €25,991 | €12,065 | €19,448 | ▲ 61.2% |
| Contributions10/11 | - | €10,460 | €10,460 | €8,600 | €8,600 | = |
| Reserves13 | €19,680 | €19,680 | €19,680 | €21,540 | €10,848 | ▼ 49.6% |
| Tax-exempt reserves132 | - | €3,751 | €3,751 | €3,751 | €3,751 | = |
| Distributable reserves133 | - | €15,929 | €15,929 | €17,789 | €7,097 | ▼ 60.1% |
| Profit (loss) carried forward14 | €367 | -€4,051 | -€4,149 | -€18,075 | - | - |
| Amounts payable17/49 | €21,167 | €67,375 | €21,438 | €36,861 | €46,496 | ▲ 26.1% |
| Amounts payable within one year42/48 | €21,167 | €67,375 | €21,438 | €27,369 | €46,079 | ▲ 68.4% |
| Current portion of amounts payable after more than one year42 | - | - | €9,633 | - | €5,018 | - |
| Financial debts43 | - | €1,250 | €153 | €8,371 | €1,839 | ▼ 78.0% |
| Credit institutions430/8 | - | €1,250 | €153 | €8,371 | €1,839 | ▼ 78.0% |
| Trade debts44 | €4,722 | €62,122 | €1,331 | €5,702 | €19,037 | ▲ 234% |
| Suppliers440/4 | - | €62,122 | €1,331 | €5,702 | €19,037 | ▲ 234% |
| Taxes, remuneration and social security45 | - | €3,570 | €9,880 | €2,014 | €3,488 | ▲ 73.2% |
| Taxes450/3 | - | €3,570 | €9,880 | €2,014 | €3,488 | ▲ 73.2% |
| Other amounts payable47/48 | - | €433 | €441 | €11,283 | €16,699 | ▲ 48.0% |
| Accrued charges and deferred income492/3 | - | - | - | €9,492 | €417 | ▼ 95.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,162 | -€4,051 | -€98 | -€13,927 | €48,789 | ▲ 450% |
| + Depreciation and write-downs630 | €279 | €709 | €983 | €983 | €1,065 | ▲ 8.4% |
| Operating cash flow (approximation) | €13,441 | -€3,342 | €885 | -€12,944 | €49,854 | ▲ 485% |
| Investment in fixed assets (approximation) | - | -€49,395 | €47,524 | €0 | -€15,361 | - |
| Change in cash | - | €1,322 | -€4,823 | €4,367 | €8,119 | ▲ 85.9% |
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €48,789
Net result €48,789 after 3 loss-making years.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet -€13,927
Net result drops to -€13,927, the lowest in the series; recovery starts the following year.
2023
25-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
31-03
Financial
Liquidity triplescurrent ratio 2.11
Current ratio from 0.64 to 2.11; short-term debt falls from €67,375 to €21,438.
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 2.68
Current ratio from 1.18 to 2.68; short-term debt falls from €58,507 to €11,033.
2019
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Hove · 1 establishment unit since 2017
Ground area
530 m²
Building footprint
77 m²
Volume, LiDAR
503 m³
Parcel 11021B0241/00T000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Next Phase BV
since 20172.265.247.928
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021B0241/00T000 | Flanders | 530 m² | 1 · 77 m² | 8.1 m · 2 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.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 12,908 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
Founded12-06-2017
Fiscal year end31-03
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0676740690
Also
9925:BE0676740690
Registered
06-02-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.