NO2
ActiveSummary
NO2 has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,242 and a net result of €24,573. Equity is growing by ~30.5% per year across the filed fiscal years. Its solvency ranks better than 47% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability98▼-2
Solvency81▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.05 against 1.77 in 2024; short-term debt: 42.5% and cash: 86.3% of total assets), and 43.7% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
56.3%
Return on assets
23.8%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
28 d early
2024
27 d early
2023
8 d early
2022
27 d early
2021
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 23 days before 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€58,242=
2024 · €58,239
Total assets
€103,420▼ 23.2%
2024 · €134,719
Net result
€24,573▼ 35.2%
2024 · €37,900
Working capital
€45,963▼ 12.6%
2024 · €52,560
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€20,956-€28,730▲ 37.1%€42,768▲ 48.9%€49,683▲ 16.2%€33,805▼ 32.0%
Net result€14,836-€21,524▲ 45.1%€32,479▲ 50.9%€37,900▲ 16.7%€24,573▼ 35.2%
Equity€16,336-€37,859▲ 132%€70,339▲ 85.8%€58,239▼ 17.2%€58,242=
Total assets€35,160-€70,833▲ 101%€98,546▲ 39.1%€134,719▲ 36.7%€103,420▼ 23.2%
Debt€18,825-€32,974▲ 75.2%€28,207▼ 14.5%€76,480▲ 171%€45,178▼ 40.9%
Working capital€13,438-€38,405▲ 186%€71,624▲ 86.5%€52,560▼ 26.6%€45,963▼ 12.6%
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 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103,420
Fixed assets
€13,549 ▲ 0.7%
Current assets
€89,871 ▼ 25.9%
Equity and liabilities €103,420
Equity
€58,242 =
Debt
€45,178 ▼ 40.9%
Debt's share of the balance-sheet total falls from 56.8% to 43.7%. Debt is lower.
Key figures and ratios
EBITDA
€39,113▼
2024 · €52,999
Cash flow
€29,881▼
2024 · €41,216
Current ratio
2.05▲
2024 · 1.77
Debt to equity
0.78▼
2024 · 1.31
ROE
42.2%▼
2024 · 65.1%
ROA
23.8%▼
2024 · 28.1%
Interest coverage
119.51▼
2024 · 145.02
Debt ≤ 1 year
€43,908▼
2024 · €68,701
Debt > 1 year
€1,270▼
2024 · €6,825
Income taxes
€8,905▼
2024 · €11,418
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €282 | €1,641 | €2,552 | €3,316 | €5,308 | ▲ 60.1% |
| Other operating charges640/8 | €174 | €102 | €150 | €555 | €548 | ▼ 1.4% |
| Non-recurring operating charges66A | - | - | - | €256 | - | - |
| Gross operating margin9900 | €21,412 | €30,473 | €45,470 | €53,811 | €39,661 | ▼ 26.3% |
| Operating profit (loss)9901 | €20,956 | €28,730 | €42,768 | €49,683 | €33,805 | ▼ 32.0% |
| Financial income75/76B | €5 | €6 | €3 | €1 | €0 | ▼ 79.8% |
| Recurring financial income75 | €5 | €6 | €3 | €1 | €0 | ▼ 79.8% |
| Financial charges65/66B | €54 | €399 | €347 | €365 | €327 | ▼ 10.4% |
| Recurring financial charges65 | €54 | €399 | €347 | €365 | €327 | ▼ 10.4% |
| Profit (loss) for the period before taxes9903 | €20,907 | €28,337 | €42,424 | €49,319 | €33,478 | ▼ 32.1% |
| Income taxes67/77 | €6,071 | €6,814 | €9,945 | €11,418 | €8,905 | ▼ 22.0% |
| Profit (loss) for the period9904 | €14,836 | €21,524 | €32,479 | €37,900 | €24,573 | ▼ 35.2% |
| Profit (loss) for the period to be appropriated9905 | €14,836 | €21,524 | €32,479 | €37,900 | €24,573 | ▼ 35.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €35,160 | €70,833 | €98,546 | €134,719 | €103,420 | ▼ 23.2% |
| Fixed assets21/28 | €2,898 | €6,748 | €5,871 | €13,458 | €13,549 | ▲ 0.7% |
| Tangible fixed assets22/27 | €2,898 | €6,748 | €5,871 | €13,458 | €13,549 | ▲ 0.7% |
| Plant, machinery and equipment23 | - | €2,694 | €2,054 | €3,232 | €4,100 | ▲ 26.9% |
| Furniture and vehicles24 | €2,898 | €4,054 | €3,817 | €10,226 | €9,449 | ▼ 7.6% |
| Current assets29/58 | €32,263 | €64,086 | €92,675 | €121,261 | €89,871 | ▼ 25.9% |
| Amounts receivable within one year40/41 | €15,282 | €13,192 | €28 | €16,093 | - | - |
| Trade receivables40 | €13,165 | €13,192 | €28 | €16,093 | - | - |
| Other amounts receivable41 | €2,117 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €16,933 | €50,866 | €92,098 | €104,716 | €89,266 | ▼ 14.8% |
| Deferred charges and accrued income490/1 | €48 | €27 | €549 | €452 | €605 | ▲ 34.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €35,160 | €70,833 | €98,546 | €134,719 | €103,420 | ▼ 23.2% |
| Equity10/15 | €16,336 | €37,859 | €70,339 | €58,239 | €58,242 | = |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Reserves13 | €14,836 | €36,359 | €68,839 | €56,739 | €56,742 | = |
| Distributable reserves133 | €14,836 | €36,359 | €68,839 | €56,739 | €56,742 | = |
| Amounts payable17/49 | €18,825 | €32,974 | €28,207 | €76,480 | €45,178 | ▼ 40.9% |
| Amounts payable after more than one year17 | - | €7,293 | €7,156 | €6,825 | €1,270 | ▼ 81.4% |
| Other amounts payable178/9 | - | €7,293 | €7,156 | €6,825 | €1,270 | ▼ 81.4% |
| Amounts payable within one year42/48 | €18,825 | €25,681 | €21,051 | €68,701 | €43,908 | ▼ 36.1% |
| Trade debts44 | €3,318 | €2,074 | €1,682 | €1,819 | €3,085 | ▲ 69.6% |
| Suppliers440/4 | €3,318 | €2,074 | €1,682 | €1,819 | €3,085 | ▲ 69.6% |
| Taxes, remuneration and social security45 | €6,779 | €12,191 | €16,404 | €24,382 | €19,938 | ▼ 18.2% |
| Taxes450/3 | €6,779 | €11,295 | €15,503 | €24,360 | €19,938 | ▼ 18.2% |
| Remuneration and social security454/9 | - | €896 | €901 | €22 | - | - |
| Other amounts payable47/48 | €8,728 | €11,416 | €2,966 | €42,500 | €20,885 | ▼ 50.9% |
| Accrued charges and deferred income492/3 | - | - | - | €954 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,836 | €21,524 | €32,479 | €37,900 | €24,573 | ▼ 35.2% |
| + Depreciation and write-downs630 | €282 | €1,641 | €2,552 | €3,316 | €5,308 | ▲ 60.1% |
| Operating cash flow (approximation) | €15,118 | €23,164 | €35,031 | €41,216 | €29,881 | ▼ 27.5% |
| Investment in fixed assets (approximation) | - | -€5,491 | -€1,676 | -€10,903 | -€5,399 | ▲ 50.5% |
| Change in cash | - | €33,933 | €41,232 | €12,618 | -€15,450 | ▼ 222% |
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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €37,900 ▲16.7%
Operating result €49,683, net result €37,900, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Edegem · 1 establishment unit since 2021
Ground area
175 m²
Building footprint
84 m²
Volume, LiDAR
551 m³
Parcel 11013A0074/00K007, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NO2
since 20212.313.782.966
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0074/00K007 | Flanders | 175 m² | 1 · 84 m² | 9.6 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.
Similar companies · same sector, comparable size
PENGIN
BE 1008.930.058
Liège · Eq €58,239
PRAGMA-TIC
BE 0833.469.431
Namur · Eq €58,221
PELEMAN
BE 0895.891.901
Laarne · Eq €58,205
Done-it International
BE 0863.363.148
Antwerpen · Eq €58,195
EVOSYS
BE 0437.642.521
Watermaal-Bosvoorde · Eq €58,292
Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 6,887 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
Founded22-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0763873317
Registered
18-03-2022
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.