OBJECTIVE
ActiveSummary
OBJECTIVE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.9m and a net result of €1.0m. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 35% of 2729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85=
Solvency53▼-4
Growth59▲+1
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200,000 at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.37 in 2024; short-term debt: 69.3% of total assets), and 72% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and 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○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 · 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
28%
Return on assets
7.5%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
27 d late
2023
222 d late
2022
342 d late
2021
46 d late
2020
23 d early
2019
on the day
← 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 89 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 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 check 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
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 company by total assets in Wichelen, Telecoms and IT sector#3 company by equity in Wichelen, Telecoms and IT sector
Turnover
€2.0m▼ 0.4%
2024 · €2.0m
EBIT margin
57.8%▲ 11.6pp
2024 · 46.2%
Net result
€1.0m▲ 77.7%
2024 · €585,928
Working capital
€3.1m▲ 51.6%
2024 · €2.0m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€2.0m€2.0m▼ 0.4%
Operating result€224,142€771,162▲ 244%€1.0m▲ 29.7%€938,994▼ 6.1%€1.2m▲ 24.7%
Net result€159,718above the sector's middle half€583,692above the sector's middle half▲ 265%€677,897above the sector's middle half▲ 16.1%€585,928above the sector's middle half▼ 13.6%€1.0mabove the sector's middle half▲ 77.7%
EBIT margin46.2%57.8%▲ 11.6pp
Equity€995,807above the sector's middle half▲ 19.1%€1.6mabove the sector's middle half▲ 58.6%€2.3mabove the sector's middle half▲ 42.9%€2.8mabove the sector's middle half▲ 26.0%€3.9mabove the sector's middle half▲ 36.6%
Total assets€2.0mabove the sector's middle half▼ 6.6%€3.4mabove the sector's middle half▲ 68.9%€6.4mabove the sector's middle half▲ 87.6%€8.8mabove the sector's middle half▲ 38.1%€13.9mabove the sector's middle half▲ 57.5%
Debt€1.0m▼ 22.9%€1.8m▲ 79.0%€4.1m▲ 126%€6.0m▲ 44.7%€10.0m▲ 67.4%
Working capital€233,622within the sector's middle half▲ 53.7%€762,844above the sector's middle half▲ 227%€1.4mabove the sector's middle half▲ 87.2%€2.0mabove the sector's middle half▲ 41.2%€3.1mabove the sector's middle half▲ 51.6%
Solvency49.5%within the sector's middle half▲ 10.7pp46.5%within the sector's middle half▼ 3.0pp35.4%within the sector's middle half▼ 11.1pp32.3%within the sector's middle half▼ 3.1pp28.0%within the sector's middle half▼ 4.3pp
Current ratio1.66within the sector's middle half▲ 0.221.64within the sector's middle half▼ 0.021.40within the sector's middle half▼ 0.241.37within the sector's middle half▼ 0.031.32within the sector's middle half▼ 0.05
Return on assets (ROA)7.9%within the sector's middle half▲ 13.1pp17.2%above the sector's middle half▲ 9.2pp10.6%within the sector's middle half▼ 6.5pp6.7%within the sector's middle half▼ 4.0pp7.5%within the sector's middle half▲ 0.9pp
Staff (FTE)12.5within the sector's middle half▲ 11.6%11.9within the sector's middle half▼ 4.8%7.9within the sector's middle half▼ 33.6%6within the sector's middle half▼ 24.1%3.7within the sector's middle half▼ 38.3%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 25% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.9m
Fixed assets
€1.2m ▼ 6.1%
Current assets
€12.7m ▲ 68.3%
Equity and liabilities €13.9m
Equity
€3.9m ▲ 36.6%
Debt
€10.0m ▲ 67.4%
Debt's share of the balance-sheet total rises from 67.7% to 72.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.3m▲
2024 · €1.0m
Cash flow
€1.1m▲
2024 · €666,227
Debt to equity
2.57▲
2024 · 2.09
ROE
26.8%▲
2024 · 20.6%
Interest coverage
10.39▲
2024 · 6.71
Debt ≤ 1 year
€9.6m▲
2024 · €5.5m
Debt > 1 year
€376,655▼
2024 · €445,278
Income taxes
€332,855▼
2024 · €378,964
Staff costs
€451,560▼
2024 · €665,951
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,053 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.4% 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 497,662 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% | 1.7% |
| 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 75% 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 5,053 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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €2.0m | €2.0m | ▼ 0.4% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €398,302 | €357,778 | ▼ 10.2% |
| Remuneration, social security and pensions62 | €979,964 | €1.0m | €824,509 | €665,951 | €451,560 | ▼ 32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €81,077 | €79,938 | €80,299 | €80,299 | €80,396 | ▲ 0.1% |
| Other operating charges640/8 | €58,762 | €7,471 | €23,096 | €14,597 | €2,391 | ▼ 83.6% |
| Non-recurring operating charges66A | - | €28,613 | €21,093 | €0 | - | - |
| Gross operating margin9900 | €1.3m | €1.9m | €1.9m | €1.7m | €1.7m | ▲ 0.3% |
| Operating profit (loss)9901 | €224,142 | €771,162 | €1.0m | €938,994 | €1.2m | ▲ 24.7% |
| Financial income75/76B | €3,616 | €51,208 | €158,607 | €177,792 | €323,368 | ▲ 81.9% |
| Recurring financial income75 | €3,616 | €51,208 | €158,607 | €177,792 | €323,368 | ▲ 81.9% |
| Financial charges65/66B | €30,662 | €21,305 | €104,267 | €151,894 | €120,386 | ▼ 20.7% |
| Recurring financial charges65 | €30,662 | €21,305 | €104,267 | €151,894 | €120,386 | ▼ 20.7% |
| Profit (loss) for the period before taxes9903 | €197,097 | €801,065 | €1.1m | €964,892 | €1.4m | ▲ 42.4% |
| Income taxes67/77 | €37,379 | €217,373 | €376,904 | €378,964 | €332,855 | ▼ 12.2% |
| Profit (loss) for the period9904 | €159,718 | €583,692 | €677,897 | €585,928 | €1.0m | ▲ 77.7% |
| Profit (loss) for the period to be appropriated9905 | €159,718 | €583,692 | €677,897 | €585,928 | €1.0m | ▲ 77.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.0m | €3.4m | €6.4m | €8.8m | €13.9m | ▲ 57.5% |
| Fixed assets21/28 | €1.4m | €1.4m | €1.4m | €1.3m | €1.2m | ▼ 6.1% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €822,973 | €743,035 | €662,736 | €582,437 | €503,794 | ▼ 13.5% |
| Plant, machinery and equipment23 | - | - | - | - | €1,656 | - |
| Leasing and similar rights25 | €822,973 | €743,035 | €662,736 | €582,437 | €502,138 | ▼ 13.8% |
| Financial fixed assets28 | €600,000 | €700,000 | €700,000 | €700,000 | €700,000 | = |
| Current assets29/58 | €588,101 | €2.0m | €5.0m | €7.5m | €12.7m | ▲ 68.3% |
| Amounts receivable within one year40/41 | €224,970 | €1.9m | €5.0m | €7.5m | €12.6m | ▲ 68.4% |
| Trade receivables40 | €224,677 | €1.9m | €5.0m | €7.5m | €12.6m | ▲ 68.6% |
| Other amounts receivable41 | €293 | €300 | €13,801 | €9,913 | €4,044 | ▼ 59.2% |
| Cash at bank and in hand54/58 | €355,803 | €37,299 | €44,073 | €0 | - | - |
| Deferred charges and accrued income490/1 | €7,328 | €1,107 | €722 | €11,674 | €15,652 | ▲ 34.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.0m | €3.4m | €6.4m | €8.8m | €13.9m | ▲ 57.5% |
| Equity10/15 | €995,807 | €1.6m | €2.3m | €2.8m | €3.9m | ▲ 36.6% |
| Contributions10/11 | €49,979 | €49,979 | €49,979 | €49,979 | €49,979 | = |
| Reserves13 | €877,356 | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Non-distributable reserves130/1 | €4,998 | €4,998 | €4,998 | €4,998 | €4,998 | = |
| Reserves not available under the articles1311 | €4,998 | €4,998 | €4,998 | €4,998 | €4,998 | = |
| Distributable reserves133 | €872,358 | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Profit (loss) carried forward14 | €68,472 | €24,522 | €702,419 | €1.3m | €2.3m | ▲ 80.8% |
| Amounts payable17/49 | €1.0m | €1.8m | €4.1m | €6.0m | €10.0m | ▲ 67.4% |
| Amounts payable after more than one year17 | €645,410 | €579,642 | €512,935 | €445,278 | €376,655 | ▼ 15.4% |
| Financial debts170/4 | €645,410 | €579,642 | €512,935 | €445,278 | €376,655 | ▼ 15.4% |
| Amounts payable within one year42/48 | €354,479 | €1.2m | €3.6m | €5.5m | €9.6m | ▲ 74.4% |
| Current portion of amounts payable after more than one year42 | €64,843 | €65,768 | €66,706 | €67,658 | €68,623 | ▲ 1.4% |
| Financial debts43 | €2,500 | €0 | - | - | - | - |
| Credit institutions430/8 | €2,500 | €0 | - | - | - | - |
| Trade debts44 | €120,202 | €705,404 | €2.5m | €1.6m | €2.6m | ▲ 62.5% |
| Suppliers440/4 | €120,202 | €705,404 | €2.5m | €1.6m | €2.6m | ▲ 62.5% |
| Taxes, remuneration and social security45 | €166,934 | €419,780 | €1.0m | €1.6m | €2.5m | ▲ 57.7% |
| Taxes450/3 | €36,980 | €303,790 | €935,816 | €1.5m | €2.5m | ▲ 61.8% |
| Remuneration and social security454/9 | €129,953 | €115,990 | €80,796 | €77,038 | €58,790 | ▼ 23.7% |
| Other amounts payable47/48 | - | - | €343 | €2.2m | €4.4m | ▲ 97.3% |
| Accrued charges and deferred income492/3 | €15,378 | €46,738 | €20,602 | €9,959 | €1 | ▼ 100.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €159,718 | €583,692 | €677,897 | €585,928 | €1.0m | ▲ 77.7% |
| + Depreciation and write-downs630 | €81,077 | €79,938 | €80,299 | €80,299 | €80,396 | ▲ 0.1% |
| Operating cash flow (approximation) | €240,795 | €663,630 | €758,196 | €666,227 | €1.1m | ▲ 68.3% |
| Investment in fixed assets (approximation) | - | -€100,000 | €0 | €0 | -€1,753 | - |
| Change in cash | - | -€318,504 | €6,774 | -€44,073 | - | - |
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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
17-07
State Gazette act
Appointment: BDO Bedrijfsrevisoren BV (statutory auditor)2 facts ▸
State Gazette act
Appointment: BDO Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
- General meeting, 23-04-2026
- Auditor appointment, BDO Bedrijfsrevisoren BV (statutory auditor)
2025
31-12
Financial
Highest result since 2018net €1.0m ▲77.7%
Operating result €1.2m, net result €1.0m, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 222 days late
2024
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 342 days late
2023
31-12
Financial
Equity above €2mEq €2.3m ▲42.9%
3 profitable years in a row build equity to €2.3m.
2022
31-12
Financial
Equity above €1mEq €1.6m ▲58.6%
2 profitable years in a row build equity to €1.6m.
15-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 46 days late
2021
31-12
Financial
Back to profitnet €159,718
Net result €159,718 after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€110,973
Net result drops to -€110,973, the lowest in the series; recovery starts the following year.
Show earlier events
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
Statutory auditor 1
BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
CurrentStatutory auditor · since 01-01-2025 · perm. rep.: Pieter De Smet
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wichelen · 1 establishment unit since 2014
Ground area
1.1 ha
Building footprint
826 m²
Volume, LiDAR
1,965 m³
Parcel 42026A0916/00C002, Flanders · tallest building 10.5 m. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
OBJECTIVE
since 20142.227.202.152
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42026A0916/00C002 | Flanders | 1.1 ha | 1 · 826 m² | 10.5 m |
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.
Mandate history
1 person since 2025, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES |
|
Articles of association
Other statement
One provision in the deed
Structure & network
Owners and holdings
1 ownerChain of control
- Objective Holding
- OBJECTIVE INTERNATIONAL
- OBJECTIVE
Highest known parent: Objective Holding. The sources do not say who stands above it.
Owners 1
-
100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 16,911 companies in sector 62100 we hold annual accounts for 8,786. 1,604 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
Founded20-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
Contact
Phone
+32 52432080
E-invoicing
Reachable via Peppol
Peppol ID
0208:0546732184
Registered
30-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.