NextContext
ActiveSummary
NextContext has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169,051 and a net result of €90,360. Equity is growing by about 81% per year across the filed financial years. Its solvency ranks better than 79% of 2,592 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €169,051
- Profit
- €90,360
Why 99lowers riskLiquidity: current ratio 3.69, cash €140,460Sector: Education (NACE 85)Size: total assets €220,889Equity €169,051 (76.5% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 85, micro): better than 88% on solvency, 83% on liquidity, 90% on profitability and 92% on growth.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 10 days before the deadline; the sector median (NACE 85) for financial year 2024 is 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2023 to 2025net €90,360 ▲142%
- Equity above €150,000equity €169,051 ▲115%
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result recovers in 2025; 2025 is 121% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 85, Education: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €909 | - |
| Other operating charges640/8 | - | €288 | €288 | = |
| Gross operating margin9900 | €55,537 | €51,716 | €114,607 | ▲ 122% |
| Operating profit (loss)9901 | €55,537 | €51,428 | €113,410 | ▲ 121% |
| Financial income75/76B | €15 | €0 | €5 | - |
| Recurring financial income75 | €15 | €0 | €5 | - |
| Financial charges65/66B | €80 | €74 | €97 | ▲ 31.7% |
| Recurring financial charges65 | €80 | €74 | €97 | ▲ 31.7% |
| Profit (loss) for the period before taxes9903 | €55,471 | €51,354 | €113,318 | ▲ 121% |
| Income taxes67/77 | €15,129 | €14,006 | €22,958 | ▲ 63.9% |
| Profit (loss) for the period9904 | €40,343 | €37,349 | €90,360 | ▲ 142% |
| Profit (loss) for the period to be appropriated9905 | €40,343 | €37,349 | €90,360 | ▲ 142% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €64,525 | €115,422 | €220,889 | ▲ 91.4% |
| Fixed assets21/28 | - | - | €29,393 | - |
| Tangible fixed assets22/27 | - | - | €29,393 | - |
| Land and buildings22 | - | - | €28,329 | - |
| Furniture and vehicles24 | - | - | €1,064 | - |
| Current assets29/58 | €64,525 | €115,422 | €191,496 | ▲ 65.9% |
| Amounts receivable within one year40/41 | €28,603 | €11,964 | €48,746 | ▲ 307% |
| Trade receivables40 | €28,603 | €11,964 | €47,565 | ▲ 298% |
| Other amounts receivable41 | - | - | €1,181 | - |
| Cash at bank and in hand54/58 | €35,922 | €103,458 | €140,460 | ▲ 35.8% |
| Deferred charges and accrued income490/1 | - | - | €2,290 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €64,525 | €115,422 | €220,889 | ▲ 91.4% |
| Equity10/15 | €41,343 | €78,692 | €169,051 | ▲ 115% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €40,343 | €77,692 | €77,692 | = |
| Distributable reserves133 | €40,343 | €77,692 | €77,692 | = |
| Profit (loss) carried forward14 | - | - | €90,360 | - |
| Amounts payable17/49 | €23,183 | €36,730 | €51,837 | ▲ 41.1% |
| Amounts payable within one year42/48 | €23,183 | €36,730 | €51,837 | ▲ 41.1% |
| Financial debts43 | €221 | €1,608 | €0 | ▼ 100% |
| Credit institutions430/8 | €221 | €1,608 | €0 | ▼ 100% |
| Trade debts44 | €1,748 | €4,741 | €11,864 | ▲ 150% |
| Suppliers440/4 | €1,748 | €4,741 | €11,864 | ▲ 150% |
| Taxes, remuneration and social security45 | €21,089 | €29,756 | €37,639 | ▲ 26.5% |
| Taxes450/3 | €21,089 | €29,756 | €37,639 | ▲ 26.5% |
| Other amounts payable47/48 | €125 | €625 | €2,334 | ▲ 273% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,343 | €37,349 | €90,360 | ▲ 142% |
| + Depreciation and write-downs630 | - | - | €909 | - |
| Operating cash flow (approximation) | €40,343 | €37,349 | €91,269 | ▲ 144% |
| Change in cash | - | €67,536 | €37,002 | ▼ 45.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-07-2026 | 2026-00357660 |
| 31-12-2024 | micro format | 29-07-2025 | 2025-00330119 |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00211551 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DELANOY Tom Juliaan Alberic |
|
Owners and capital
Capital and shareholders
- DELANOY Tom Juliaan Alberic 50 shares · €500
- ACOSTA SANCHEZ Carmen Juliana 50 shares · €500
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 30-01-2023 Incorporation · €1,000
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
19-08
Gazette deed
PurposePurpose change · Power of attorney4 facts ▸
- General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Other provision, “bijzonder verslag bestuursorgaan bij voorwerpwijziging, artikel 5:101 van het Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
- Purpose change
- Power of attorney
30-01
Gazette deed
IncorporationAppointment: DELANOY Tom Juliaan Alberic (director) · Founder · Founding capital9 facts ▸
- Incorporation, “NextContext” (deed in Dutch)
- Founder, DELANOY Tom Juliaan Alberic
- Founder, ACOSTA SANCHEZ Carmen Juliana
- Founding capital, €1,000
- Bank account, “bijzondere rekening, vennootschap in oprichting” (deed in Dutch)
- Other provision, “statutair (on)beschikbare eigen vermogensrekening, inbrengen geboekt op beschikbare eigen vermogensrekening” (deed in Dutch)
- Registered office clause, “9300 Aalst,Jan De Windtstraat 57” (deed in Dutch)
- Director appointment, DELANOY Tom Juliaan Alberic (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten door comparanten in naam en voor rekening vennootschap in oprichting” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21812N1185/00X000 | Brussels | 2.1 ha | 1 · 6,416 m² | 21.8 m · 5 |
| 41303D0875/00Y000 | Flanders | 302 m² | 1 · 88 m² | 10.0 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het geven van diverse cursussen,opleidingen en seminaries zowel voor eigen rekening als voor rekening van derden,alsmede het uitgeven van…” (deed in Dutch)
24 activities (deed in Dutch)
- Het geven van diverse cursussen,opleidingen en seminaries zowel voor eigen rekening als voor rekening van derden,alsmede het uitgeven van publicaties en cursussen al dan niet op digitale wijze.
- Overige vormen van onderwijs.
- Alle activiteiten inzake de inrichting,organisatie en ontplooiing van een gaming studio;
- De ontplooiing van activiteiten met betrekking tot de digitale dienstverlening op de markt van vormgeving,entertainment en onderwijs.
- Het ontwikkelen en exploiteren van spelletjes,het verlenen van diensten in of gerelateerd aan de informatica- en (tele)communicatietechnologie sector en de ontplooiing van activiteiten met betrekking tot de digitale dienstverlening op de markt van vormgeving,entertainment en onderwijs.
- Het patrimonium van de vennootschap te beheren in de ruimste zin van het woord,en oordeelkundig uit te breiden,alle beschikbare middelen te beleggen of weder te beleggen,zowel in roerende als in onroerende goederen,met uitsluiting van de handelingen van vastgoedhandelaar.
- Overgaan tot het aankopen,onderschrijven,beheren,verkopen,omruilen voor eigen rekening van aandelen,deelbewijzen en/of effecten allerlei van vennootschappen en/of verenigingen eender welke,alsmede van andere roerende en/of onroerende waarden,tegoeden en/of vorderingen;
- Overgaan tot het aankopen,verkopen,bouwen,verbouwen,opschikken,uitrusten,valoriseren,verhuren,onderverhuren,in huur nemen of leasen van onroerende goederen,al dan niet gemeubeld;
- Zij mag alle werkzaamheden en rechtshandelingen verrichten die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp.
- Zij kan ook participeren in en / of op enige andere wijze deelnemen in of samenwerken met andere vennootschappen of ondernemingen die kunnen bijdragen tot haar ontwikkeling of deze bevorderen.
- Zij kan ook opdrachten uitoefenen in andere vennootschappen,zoals opdrachten van bestuurder of vereffenaar.
- De vennootschap mag zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren,in de meest ruime zin.
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borgstellen of haar aval verlenen,in de meest ruime zin.
- Het verlenen van consultancy en coaching in de ruimste zin van het woord door onder andere het begeleiden van personen en bedrijven.Het geven van advies,training,coaching en alle vormen van opleiding.
- Levering van strategische,economische,financiële en administratieve adviezen,raadplegingen en uitvoering van studies en werken in die domeinen.
- Adviezen en diensten bedoeld om overheidssubsidies te verkrijgen.
- Het aanvaarden van interim-managementopdrachten.
- Algemene management activiteiten in de ruimste zin van het woord.
- Dienstverlening met betrekking tot strategieën in de ruimste zin van het woord
- Dienstverlening met betrekking tot consulting in de ruimste zin van het woord.
- Het geven van advies op het gebied van planning,organisatie,efficiëntie,toezicht,algemeen verschaffen van informatie.
- Het organiseren van beurzen,seminaries en onderzoeksprojecten in binnen- en buitenland.
- Het ontwerpen van ICT architecturen & vertalen naar concrete technische oplossingen.
- Diverse online diensten.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NextContext
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, gelijk recht in de winstverdeling” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor de helft ten laste van overdrager en helft ten laste van koper(s),naar evenredigheid bij meerdere kopers, alle aandeelhouders met…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 14:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en…” (deed in Dutch)