NoWordsNeeded
ActiveSummary
NoWordsNeeded has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86,608 and a net result of €38,137. Its solvency ranks better than 58% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-02-2024 Normal situation
- Activity
- Computer programming NACE 62100
- Establishment unit
- 2.355.198.602 3201 Aarschot, since 01-02-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2025
Board and ownership
Board
- MATTHEUS Jonas Pascal MarinaDirector
- VAN GOMPEL MaximeDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €56,304
- ▼ 6.9%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €38,137
- ▼ 12.3%
- Equity
- €86,608
- ▲ 78.7%
- Total assets
- €129,194
- ▲ 76.3%
Score breakdownraises riskFounded in 2024lowers riskLiquidity: current ratio 3.02, cash €105,996Sector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €129,194Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 75% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Strong
Solvency
92+1
equity 67.0% of total assets
Liquidity
86+1
short-term debt 33.0% · cash 82.0%
Profitability
100=
return on assets 29.5%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2025: 0.4%
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025highest value
07-2025: < 0.1%▼ -0.4 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €8,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.02 (2.91 in 2024), above the usual 1.5. Short-term debt is 33% and cash 82% of total assets. 33% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 62, micro). It does better than 60% of them on solvency, 70% on liquidity, 82% on profitability and 86% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
31 days early
2024
36 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 34 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 2 filings
Turnover
≈ €130,000
Estimated: probably between €110,000 and €170,000
Total assets
€129,194▲ 76.3%
2024 · €73,299
Net result
€38,137▼ 12.3%
2024 · €43,471
Working capital
€85,880▲ 80.7%
2024 · €47,517
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€55,613
▼ 6.9%
2025
20242025
Net result
€38,137
▼ 12.3%
2025
middle half of the sector
20242025
Equity
€86,608
▲ 78.7%
2025
middle half of the sector
20242025
Total assets
€129,194
▲ 76.3%
2025
middle half of the sector
20242025
Debt
€42,586
▲ 71.5%
2025
20242025
Working capital
€85,880
▲ 80.7%
2025
middle half of the sector
20242025
Solvency
67.0%
▲ 0.9pp
2025
middle half of the sector
20242025
Current ratio
3.02
▲ 0.10
2025
middle half of the sector
20242025
Return on assets (ROA)
29.5%
▼ 29.8pp
2025
middle half of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€59,725-€55,613▼ 6.9%
Net result€43,471within the sector's middle half-€38,137within the sector's middle half▼ 12.3%
Equity€48,471within the sector's middle half-€86,608within the sector's middle half▲ 78.7%
Total assets€73,299within the sector's middle half-€129,194within the sector's middle half▲ 76.3%
Debt€24,827-€42,586▲ 71.5%
Working capital€47,517within the sector's middle half-€85,880within the sector's middle half▲ 80.7%
Solvency66.1%within the sector's middle half-67.0%within the sector's middle half▲ 0.9pp
Current ratio2.91within the sector's middle half-3.02within the sector's middle half▲ 0.10
Return on assets (ROA)59.3%above the sector's middle half-29.5%within the sector's middle half▼ 29.8pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 7% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129,194
Fixed assets
€728 ▼ 23.7%
Current assets
€128,466 ▲ 77.6%
Equity and liabilities €129,194
Equity
€86,608 ▲ 78.7%
Debt
€42,586 ▲ 71.5%
Debt's share of the balance-sheet total falls from 33.9% to 33.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€55,839▼
2024 · €59,901
Cash flow
€38,363▼
2024 · €43,647
Debt to equity
0.49▼
2024 · 0.51
ROE
44.0%▼
2024 · 89.7%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€42,586▲
2024 · €24,827
Income taxes
€17,797▲
2024 · €16,330
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €1,130 | - |
| Financial fixed assets | - | €0 |
| Depreciation and write-downs of the year | €176 | €226 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €176 | €226 | ▲ 28.4% |
| Other operating charges640/8 | €558 | €465 | ▼ 16.6% |
| Gross operating margin9900 | €60,459 | €56,304 | ▼ 6.9% |
| Operating profit (loss)9901 | €59,725 | €55,613 | ▼ 6.9% |
| Financial income75/76B | €180 | €383 | ▲ 113% |
| Recurring financial income75 | €180 | €383 | ▲ 113% |
| Financial charges65/66B | €104 | €62 | ▼ 40.5% |
| Recurring financial charges65 | €104 | €62 | ▼ 40.5% |
| Profit (loss) for the period before taxes9903 | €59,801 | €55,934 | ▼ 6.5% |
| Income taxes67/77 | €16,330 | €17,797 | ▲ 9.0% |
| Profit (loss) for the period9904 | €43,471 | €38,137 | ▼ 12.3% |
| Profit (loss) for the period to be appropriated9905 | €43,471 | €38,137 | ▼ 12.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €73,299 | €129,194 | ▲ 76.3% |
| Fixed assets21/28 | €954 | €728 | ▼ 23.7% |
| Tangible fixed assets22/27 | €954 | €728 | ▼ 23.7% |
| Furniture and vehicles24 | €954 | €728 | ▼ 23.7% |
| Current assets29/58 | €72,345 | €128,466 | ▲ 77.6% |
| Amounts receivable within one year40/41 | €16,376 | €22,470 | ▲ 37.2% |
| Trade receivables40 | €10,450 | €13,904 | ▲ 33.0% |
| Other amounts receivable41 | €5,926 | €8,566 | ▲ 44.6% |
| Cash at bank and in hand54/58 | €55,968 | €105,996 | ▲ 89.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €73,299 | €129,194 | ▲ 76.3% |
| Equity10/15 | €48,471 | €86,608 | ▲ 78.7% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €43,471 | €81,608 | ▲ 87.7% |
| Distributable reserves133 | €43,471 | €81,608 | ▲ 87.7% |
| Amounts payable17/49 | €24,827 | €42,586 | ▲ 71.5% |
| Amounts payable within one year42/48 | €24,827 | €42,586 | ▲ 71.5% |
| Trade debts44 | €2,078 | €480 | ▼ 76.9% |
| Suppliers440/4 | €2,078 | €480 | ▼ 76.9% |
| Taxes, remuneration and social security45 | €22,749 | €42,106 | ▲ 85.1% |
| Taxes450/3 | €20,535 | €39,945 | ▲ 94.5% |
| Remuneration and social security454/9 | €2,215 | €2,161 | ▼ 2.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €43,471 | €38,137 | ▼ 12.3% |
| + Depreciation and write-downs630 | €176 | €226 | ▲ 28.4% |
| Operating cash flow (approximation) | €43,647 | €38,363 | ▼ 12.1% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €50,027 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as NoWordsNeeded has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.3%
stopped otherwise
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of NoWordsNeeded itself is lower: < 0.1% within 12 months. It rests on far more data about NoWordsNeeded than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for NoWordsNeeded. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Directors
2 directors, no change since 2024
MATTHEUS Jonas Pascal Marina
Current
Director (not named in the articles) · appointed in the act of 05-02-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 30-06-2026
VAN GOMPEL Maxime
Current
Director (not named in the articles) · appointed in the act of 05-02-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 30-06-2026
Owners and capital
Shareholders
At incorporation
act of 05-02-2024 ↗
- MATTHEUS Jonas Pascal Marina 2,500 shares (50%) · €2,500 in cash
- VAN GOMPEL Maxime 2,500 shares (50%) · €2,500 in cash
Capital transactions
Capital over time
- 05-02-2024 Incorporation · €5,000 · 5,000 shares
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| MATTHEUS Jonas Pascal Marina |
|
| VAN GOMPEL Maxime |
|
Articles of association
- Board powersThe board may in principle decide everything not reserved to the general meeting.
- “Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder, Hij kan bijzondere machten…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 05-02-2024 (in Dutch)
Network & group
NoWordsNeeded shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of NoWordsNeeded. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-06
micro format · 31 days before the deadline
2025
25-06
micro format · 36 days before the deadline
2024
05-02
Gazette deed
IncorporationStarting capital €5,000 · Appointments: MATTHEUS Jonas Pascal Marina (director) and VAN GOMPEL Maxime (director) · Shareholding · Bank account15 points ▸
Gazette deed
Incorporation
Starting capital €5,000 · Appointments: MATTHEUS Jonas Pascal Marina (director) and VAN GOMPEL Maxime (director) · Shareholding · Bank account15 points ▸
- Incorporation, 30-01-2024
- MATTHEUS Jonas Pascal Marina holds 2,500 shares
- VAN GOMPEL Maxime holds 2,500 shares
- Bank account, “KBC”, 5000 (deed in Dutch)
- Capital, €5,000
- Registered office clause, “3201 Aarschot, Vennestraat 62” (deed in Dutch)
- Board meeting, “het aantal bestuurders te bepalen op twee, de vergadering” (deed in Dutch)
- Director appointment, MATTHEUS Jonas Pascal Marina (director (not named in the articles))
- Director appointment, VAN GOMPEL Maxime (director (not named in the articles))
- Pre-incorporation commitments, “takeover, Alle verbintenissen en alle verplichtingen die eruit voortvloeien, en alle activiteiten ondernomen” (deed in Dutch)
- Power of attorney
- Power of attorney, Nathalie Claes
- The act holds 3 more points.
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
NoWordsNeeded in Dutch
Abbreviation
NWN in Dutch
Enterprise number
1005.477.353
Legal form
Private limited company
Status
Active, normale toestand
Founded
01-02-2024
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest”
deed of 05-02-2024 (in Dutch)Registered office and establishments
Registered office
Vennestraat 62, 3201 Aarschot, Belgium
Establishment unit
NoWordsNeeded, Vennestraat 62, 3201 Aarschot since 01-02-2024 · unit number 2.355.198.602
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 05-02-2024 (in Dutch)
“Het ontwerpen en ontwikkelen van websites; Beeldbewerking, retouchering van foto’s; Het bedenken en uitwerken van concepten; Ontwerpen van…”
32 activities
- Het ontwerpen en ontwikkelen van websites
- Beeldbewerking, retouchering van foto’s
- Het bedenken en uitwerken van concepten
- Ontwerpen van visuals voor sociale media en social media beheer
- Het ontwerpen en creëren van logo’s en huisstijlen
- Het creëren van documenten, desktop publishing en alle overige ontwerpactiviteiten
- De aanmaak van drukproeven
- Het ontwerpen van drukwerk, bv: flyers, magazines, posters, …
- Het ontwerpen en voeren van reclamecampagnes via kranten en tijdschriften, radio of televisie, internet of via andere media
- Het ontwerpen en plaatsen van buitenreclame, bijvoorbeeld op reclameborden en -panelen, op uitstalramen, in winkels, op auto’s en bussen, enz.
- Het ontwerpen van reclameborden en -panelen, lichtkranten en neonreclame
- Promotiecampagnes voor producten
- Vervaardiging van presentatiemiddelen, zoals bladen voor projectie en andere digitale presentatievormen
- Zelfstandig consultant op gebied van marketing, social media, webdesign en grafisch ontwerp
- Het aanbieden van alle mogelijke diensten die verband houden met mobiele applicatie ontwikkeling (development)
- Het aanbieden van alle mogelijke diensten die verband houden met web applicatie ontwikkeling (development)
- Het aanbieden, verhuren en beheren van ‘‘cloud-services’’
- Het geven van alle mogelijke trainingen IT of ICT gerelateerd en alle activiteiten die verband houden met ICT-consulting
- Het online aanbieden van software
- De uitoefening van het mandaat van zaakvoerder, bestuurder of vereffenaar van vennootschappen, voornamelijk gespecialiseerd in ICT-consulting en ICT-diensten
- De ontwikkeling, beheer en verkoop van software in de meest brede zin van het woord
- Het organiseren van en het meewerken aan opleidingen, evaluaties, seminaries, studies
- Voornamelijk maar niet beperkt tot ICT (informatica): de aankoop, verkoop, herstelling en installatie van hard- en software samen met alle onderdelen en toebehoren, alsook het fungeren als tussenpersoon bij het verhandelen van hardware, software en aanverwante diensten
- Het creëren en beheren van ondersteunende infrastructuren (zoals, maar niet beperkt tot, websites op het internet) met het doel de contacten tussen verschillende partijen te bevorderen en te stroomlijnen
- Het fungeren als tussenpersoon bij het verstrekken van ICT-diensten in de meest ruime zin
- Het ter beschikking stellen van auditoren en consultants op alle domeinen, maar hoofdzakelijk voor ICT-opdrachten
- Het verlenen van advies en praktische hulp aan bedrijven in verband met public relations en communicatie
- Het verlenen van financieel-economische adviezen
- Het optreden als consultant in voormelde materies, voornamelijk - maar niet uitsluitend - voor bedrijven
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met de betrekking tot de bouw, de verbouwing, de binnenshuis inrichting en decoratie, de huur en verhuur, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of het productief maken, van onroerende goederen of onroerende zakelijke rechten
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals de aan-en verkoop, de huur en verhuur, de ruil; in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, obligaties, staatsfondsen
- Het verwerven en aanhouden van participaties, in eender welke vorm, in alle bestaande of op te richten, industriële, commerciële, financiële, landbouw- of immobiliënvennootschappen of -ondernemingen; het stimuleren, de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen, waarin ze een participatie aanhoudt; het deelnemen aan hun beheer, bestuur, vereffening en toezicht alsmede het verlenen van technische, administratieve en financiële bijstand aan deze vennootschappen en ondernemingen
Invoicing and payment
VAT number
BE 1005.477.353
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June
deed of 05-02-2024 (in Dutch)Proxy ruleThe articles set whether a shareholder may be represented at the meeting by someone else.
“Elke aandeelhouder kan aan ieder andere persoon, al dan niet aandeelhouder, door alle middelen van overdracht, een schriftelijke volmacht…”
deed of 05-02-2024 (in Dutch)Voting ruleThe articles set which majority the meeting decides by, for example a simple or a special majority.
“Onder voorbehoud van de wettelijke en statutaire bepalingen betreffende de aandelen zonder stemrecht, 1”
deed of 05-02-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
898 m²
Building footprint
171 m²
Building volume
1,048 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24652G0509/00H000 | Flanders | 898 m² | 1 · 171 m² | 8.6 m · 2 |