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OBJECTIVE VIEW

Active
Private limited companyfounded 1999active for 27 yearsCharles Brassinelaan 13, 1160 Oudergem, BelgiumKBO/BCE: BE 0466.987.791
Summary

OBJECTIVE VIEW has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,198 and a net result of €25,273. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 31% of 21,007 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00460608.

Equity
€29,198▲ 644%
2024 · €3,925
Total assets
€80,458▲ 196%
2024 · €27,199
Net result
€25,273▲ 208%
2024 · €8,214
Working capital
-€235
2024 · €3,063
Trend over the years

2020 to 2025, 5 financial years 2018 to 2025, 7 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 245% 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.

Operating result€41,107 2025 Net result€25,273 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: 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).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202022202320242025
Operating result-€209-€5,085-€2,773€4,925--€1,752€11,928€41,107▲ 245%
Net result€1,117--€163-€2,455below the sector's middle half▼ 1,410%€3,573below the sector's middle half--€2,132below the sector's middle half€8,214within the sector's middle half€25,273within the sector's middle half▲ 208%
Equity-€2,137--€2,300▼ 7.6%-€4,755below the sector's middle half▼ 107%-€2,157below the sector's middle half--€4,289below the sector's middle half▼ 98.9%€3,925below the sector's middle half€29,198within the sector's middle half▲ 644%
Total assets€10,432-€2,520▼ 75.8%€3,123below the sector's middle half▲ 23.9%€3,779below the sector's middle half-€23,185below the sector's middle half▲ 514%€27,199below the sector's middle half▲ 17.3%€80,458within the sector's middle half▲ 196%
Debt€12,569-€4,820▼ 61.7%€7,877▲ 63.4%€5,936-€27,475▲ 363%€23,274▼ 15.3%€51,260▲ 120%
Working capital-€5,020--€2,362▲ 53.0%-€4,835below the sector's middle half▼ 105%-€3,791below the sector's middle half--€5,537below the sector's middle half▼ 46.1%€3,063below the sector's middle half-€235below the sector's middle half
Solvency-20.5%--18.5%below the sector's middle half14.4%below the sector's middle half▲ 32.9pp36.3%within the sector's middle half▲ 21.9pp
Current ratio0.58-0.80below the sector's middle half1.13below the sector's middle half▲ 0.331.00below the sector's middle half▼ 0.14
Return on assets (ROA)10.7%--9.2%below the sector's middle half30.2%within the sector's middle half▲ 39.4pp31.4%within the sector's middle half▲ 1.2pp
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80,458
Fixed assets €29,833 ▲ 3,361%
Current assets €50,626 ▲ 92.2%
Equity and liabilities €80,458
Equity €29,198 ▲ 644%
Debt €51,260 ▲ 120%
Debt's share of the balance-sheet total falls from 85.6% to 63.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€43,177▲
2024 · €12,314
Cash flow
€27,343▲
2024 · €8,600
Debt to equity
1.76▼
2024 · 5.93
ROE
86.6%▼
2024 · 209.3%
Interest coverage
over 100▲
2024 · 96.40
Debt ≤ 1 year
€50,861▲
2024 · €23,274
Income taxes
€15,877▲
2024 · €3,587
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,372 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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 31,372 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€27,199€80,458▲
Fixed assets21/28€862€29,833▲
Tangible fixed assets22/27€862€29,833▲
Furniture and vehicles24€862€29,833▲
Current assets29/58€26,337€50,626▲
Amounts receivable within one year40/41€19,279€50,388▲
Trade receivables40€19,279€47,074▲
Other amounts receivable41-€3,314
Cash at bank and in hand54/58€5,571€184▼
Deferred charges and accrued income490/1€1,488€54▼
Equity and liabilities
Total equity and liabilities10/49€27,199€80,458▲
Equity10/15€3,925€29,198▲
Contributions10/11€7,000€7,000=
Reserves13€3,653€3,653=
Non-distributable reserves130/1€2,953€2,953=
Reserves not available under the articles1311€2,953€2,953=
Tax-exempt reserves132€700€700=
Profit (loss) carried forward14-€6,728€18,545▲
Amounts payable17/49€23,274€51,260▲
Amounts payable within one year42/48€23,274€50,861▲
Trade debts44€10,297€15,788▲
Suppliers440/4€10,297€15,788▲
Advances received on contracts in progress46€7,335€25,852▲
Taxes, remuneration and social security45€43€9,221▲
Taxes450/3€43€9,221▲
Other amounts payable47/48€5,599€0▼
Accrued charges and deferred income492/3-€400
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€386€2,070▲
Other operating charges640/8€2,076€6,531▲
Gross operating margin9900€14,390€49,708▲
Operating profit (loss)9901€11,928€41,107▲
Financial income75/76B-€81
Recurring financial income75-€81
Financial charges65/66B€128€38▼
Recurring financial charges65€128€38▼
Profit (loss) for the period before taxes9903€11,801€41,150▲
Income taxes67/77€3,587€15,877▲
Profit (loss) for the period9904€8,214€25,273▲
Profit (loss) for the period to be appropriated9905€8,214€25,273▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,728€18,545▲
Profit (loss) brought forward from the previous period14P-€14,942-€6,728▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,631--€296€386€386€2,070▲ 436%
Other operating charges640/8---€830€1,411€2,076€6,531▲ 215%
Gross operating margin9900€8,275€9,312-€1,596€6,051€45€14,390€49,708▲ 245%
Operating profit (loss)9901-€209€5,085-€2,773€4,925-€1,752€11,928€41,107▲ 245%
Financial income75/76B------€81-
Recurring financial income75€1,825€375€526---€81-
Financial charges65/66B---€301€362€128€38▼ 70.3%
Recurring financial charges65€499€407€208€301€362€128€38▼ 70.3%
Profit (loss) for the period before taxes9903€1,117€5,052-€2,455€4,624-€2,114€11,801€41,150▲ 249%
Income taxes67/77-€5,215-€1,052€18€3,587€15,877▲ 343%
Profit (loss) for the period9904€1,117-€163-€2,455€3,573-€2,132€8,214€25,273▲ 208%
Profit (loss) for the period to be appropriated9905€1,117-€163-€2,455€3,573-€2,132€8,214€25,273▲ 208%
Line2018201920202022202320242025Change
Assets
Total assets20/58€10,432€2,520€3,123€3,779€23,185€27,199€80,458▲ 196%
Fixed assets21/28€3,456€80€80€1,634€1,248€862€29,833▲ 3,361%
Tangible fixed assets22/27---€1,634€1,248€862€29,833▲ 3,361%
Furniture and vehicles24---€1,634€1,248€862€29,833▲ 3,361%
Financial fixed assets28€3,456€80€80-----
Current assets29/58€6,976€2,439€3,042€2,145€21,938€26,337€50,626▲ 92.2%
Amounts receivable within one year40/41€2,025€948€2,701€2,145€17,939€19,279€50,388▲ 161%
Trade receivables40---€2,145€17,939€19,279€47,074▲ 144%
Other amounts receivable41------€3,314-
Cash at bank and in hand54/58€3,475€120€244-€2,725€5,571€184▼ 96.7%
Deferred charges and accrued income490/1----€1,274€1,488€54▼ 96.4%
Equity and liabilities
Total equity and liabilities10/49€10,432€2,520€3,123€3,779€23,185€27,199€80,458▲ 196%
Equity10/15-€2,137-€2,300-€4,755-€2,157-€4,289€3,925€29,198▲ 644%
Contributions10/11€7,000€7,000-€7,000€7,000€7,000€7,000=
Reserves13€3,653€3,653€3,653€3,653€3,653€3,653€3,653=
Non-distributable reserves130/1---€2,953€2,953€2,953€2,953=
Reserves not available under the articles1311---€2,953€2,953€2,953€2,953=
Tax-exempt reserves132---€700€700€700€700=
Profit (loss) carried forward14-€12,790-€12,953-€15,408-€12,810-€14,942-€6,728€18,545-
Amounts payable17/49€12,569€4,820€7,877€5,936€27,475€23,274€51,260▲ 120%
Amounts payable after more than one year17€573-------
Amounts payable within one year42/48€11,996€4,801€7,877€5,936€27,475€23,274€50,861▲ 119%
Financial debts43---€216----
Credit institutions430/8---€216----
Trade debts44€1,736€815€4,967€531€20,358€10,297€15,788▲ 53.3%
Suppliers440/4---€531€20,358€10,297€15,788▲ 53.3%
Advances received on contracts in progress46-----€7,335€25,852▲ 252%
Taxes, remuneration and social security45---€1,052-€43€9,221▲ 21,180%
Taxes450/3---€1,052-€43€9,221▲ 21,180%
Other amounts payable47/48---€4,137€7,117€5,599€0▼ 100%
Accrued charges and deferred income492/3------€400-
Line2018201920202022202320242025Change
Profit (loss) for the period9904€1,117-€163-€2,455€3,573-€2,132€8,214€25,273▲ 208%
+ Depreciation and write-downs630€7,631--€296€386€386€2,070▲ 436%
Operating cash flow (approximation)€8,748-€163-€2,455€3,869-€1,746€8,600€27,343▲ 218%
Investment in fixed assets (approximation)-€3,376€0-€0€0-€31,040-
Change in cash--€3,355€124--€2,846-€5,387-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00460608
31-12-2024 micro format 30-08-2025 2025-00449900
31-12-2023 micro format 28-09-2024 2024-00477424
31-12-2022 micro format 22-12-2023 2023-00534846
31-12-2020 micro format 05-10-2021 2021-71200037
31-12-2019 micro format 07-07-2020 2020-27800456
31-12-2018 micro format 30-08-2019 2019-61700220
31-12-2017 full format 29-10-2018 2018-70700045
31-12-2016 full format 31-05-2017 2017-14600135
31-12-2015 full format 20-06-2016 2016-19600510

Show all 25 filings

Similar companies · same sector, comparable size

Of the 29,849 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,795. 14,654 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.