Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
From profit to loss in 2025, after a profit of €40,235 in 2024.
The abbreviated format states no turnover.
€856,701 of the debts are secured on the company's own assets. In 2023 that was €756,930.
In 2025, 7 people joined and 9 left.
Less equity than 95% of companies in computer programming and consultancy. Sector median €128,324 · 3,407 companies.
The dashed line is the sector median: 0.2% across 1,167 companies (NACE 62, small).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, small). It does better than 6% of them on solvency, 20% on liquidity, 28% on profitability and 0% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
In July 2024, 598 companies had the same profile as OBJECTIVE7 has now. Each dot stands for 2 companies, two years later.
Another 1.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of OBJECTIVE7 itself: 2.7% within 12 months.
The method was tested on the 497,447 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 598 companies, not a prediction for OBJECTIVE7. 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.
Liquidity is insufficient, with a current ratio of 0.5 (0.61 in 2024), below 1. Short-term debt is 55.6% and cash 3.9% of total assets. Equity is negative.
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.
The company filed its last 7 accounts on average 28 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.
| Company | ||||
|---|---|---|---|---|
| OBJECTIVE7 Edegem | €1.9m | €1.7m | -9.3% | 13.4 |
| B&C CONSULTING Willebroek | €2.1m | €1.6m | 82.0% | 13.2 |
| BMI Leisure Geel | €2.1m | €1.6m | 21.4% | 14.9 |
| SKWAREL Auderghem | €1.5m | €1.7m | -12.1% | 12.7 |
| KENZE Sint-Katelijne-Waver | €1.7m | €1.6m | 47.8% | 17.4 |
| SLIMSTOCK BELGIUM Mechelen | €1.5m | €2.0m | 67.2% | 15.5 |
| Big Industries Kontich | €1.8m | €1.6m | 79.7% | 15.7 |
These companies have the same main activity as OBJECTIVE7: computer programming (NACE 62100). They are comparable in size and age: total assets between €1.5m and €2.1m, founded between 2008 and 2014.
OBJECTIVE7 files the abbreviated format. That format states no turnover. The gross margin rose from -€40,629 in 2013 to €1.7m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 12% of 3,406 companies in 2025.
Higher than 10% of 3,267 companies in 2025.
Higher than 14% of 3,315 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter · Staff: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 7 people joined and 9 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||
20/58 |
1.9m | 2.2m | 1.9m | 1.4m | 798,458 | 972,660 | 561,830 | 469,245 | 376,100 | 243,973 | 225,909 | 152,053 | 103,180 | |
21/28 |
1.4m | 1.6m | 1.4m | 775,710 | 216,473 | 183,068 | 276,923 | 256,933 | 193,103 | 91,705 | 111,264 | 96,791 | 59,444 | |
21 |
1.4m | 1.6m | 1.3m | 768,444 | 209,892 | 176,319 | 267,461 | 248,764 | 182,761 | 86,544 | 100,332 | 82,814 | 41,755 | |
22/27 |
4,280 | 7,581 | 7,914 | 6,964 | 6,279 | 6,447 | 9,160 | 7,867 | 10,040 | 4,859 | 10,631 | 13,675 | 16,826 | |
23 |
4,280 | 7,581 | 7,914 | 6,964 | 6,279 | 6,447 | 8,956 | 7,459 | 10,040 | 4,429 | 5,418 | 4,774 | 4,239 | |
24 |
- | - | - | - | - | - | 204 | 408 | - | 430 | 5,213 | 8,900 | 12,588 | |
28 |
1,200 | 0 | 302 | 302 | 302 | 302 | 302 | 302 | 302 | 302 | 302 | 302 | 862 | |
29/58 |
530,948 | 621,134 | 547,862 | 621,657 | 581,986 | 789,591 | 284,907 | 212,312 | 182,996 | 152,268 | 114,645 | 55,262 | 43,736 | |
29 |
43,404 | 28,486 | - | - | - | - | - | - | - | - | - | - | - | |
291 |
43,404 | 28,486 | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
361,321 | 448,702 | 357,802 | 413,267 | 326,768 | 548,971 | 205,662 | 156,972 | 104,252 | 97,778 | 52,623 | 39,446 | 29,339 | |
40 |
313,376 | 397,333 | 296,699 | 353,078 | 288,084 | 539,310 | 193,494 | 156,732 | 104,013 | 97,539 | 49,376 | 39,207 | 26,475 | |
41 |
47,945 | 51,369 | 61,103 | 60,189 | 38,684 | 9,661 | 12,169 | 239 | 239 | 239 | 3,247 | 239 | 2,864 | |
54/58 |
74,683 | 94,107 | 131,132 | 206,890 | 253,717 | 239,121 | 77,744 | 40,748 | 35,845 | 44,960 | 34,725 | 10,030 | 14,397 | |
490/1 |
51,540 | 49,839 | 58,928 | 1,500 | 1,500 | 1,500 | 1,500 | 14,593 | 42,899 | 9,530 | 27,296 | 5,786 | - | |
| Balance sheet: equity and liabilities | ||||||||||||||
10/49 |
1.9m | 2.2m | 1.9m | 1.4m | 798,458 | 972,660 | 561,830 | 469,245 | 376,100 | 243,973 | 225,909 | 152,053 | 103,180 | |
10/15 |
-178,873 | 43,847 | 3,611 | 288,687 | 281,494 | 272,622 | 172,907 | 109,295 | 116,176 | 46,195 | 116,780 | 112,101 | 82,483 | |
10/11 |
220,000 | 220,000 | 220,000 | 220,000 | 220,000 | 220,000 | - | 220,000 | 220,000 | 220,000 | 220,000 | 169,000 | 113,800 | |
100 |
- | - | - | - | - | - | - | 220,000 | 220,000 | 220,000 | 220,000 | 169,000 | 169,000 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | 55,200 | |
11 |
- | - | - | - | - | - | 220,000 | - | - | - | - | 51,000 | 51,000 | |
1100/10 |
- | - | - | - | - | - | 220,000 | - | - | - | - | 51,000 | 51,000 | |
14 |
-398,873 | -176,153 | -216,389 | 68,687 | 61,494 | 52,622 | -47,093 | -110,705 | -103,824 | -173,805 | -103,220 | -107,899 | -82,317 | |
17/49 |
2.1m | 2.2m | 1.9m | 1.1m | 516,964 | 700,038 | 388,923 | 359,950 | 259,924 | 197,778 | 109,129 | 39,952 | 20,697 | |
17 |
1.0m | 1.1m | 762,128 | 323,326 | - | - | - | - | - | - | - | - | - | |
170/4 |
1.0m | 1.1m | 762,128 | 323,326 | - | - | - | - | - | - | - | - | - | |
42/48 |
1.1m | 1.0m | 1.1m | 747,833 | 516,964 | 332,413 | 387,191 | 359,950 | 259,924 | 197,778 | 100,006 | 30,026 | 18,547 | |
42 |
187,034 | 132,488 | 94,573 | 50,000 | 100,000 | 100,000 | 180,000 | 200,000 | 145,000 | 40,000 | 40,000 | - | - | |
43 |
367,826 | 367,959 | 230,000 | - | - | - | - | - | - | - | - | - | - | |
430/8 |
367,826 | 367,959 | 230,000 | - | - | - | - | - | - | - | - | - | - | |
44 |
347,832 | 344,332 | 565,473 | 591,405 | 328,926 | 151,627 | 152,731 | 123,368 | 55,338 | 72,203 | 48,614 | 24,889 | 15,148 | |
440/4 |
347,832 | 344,332 | 565,473 | 591,405 | 328,926 | 151,627 | 152,731 | 123,368 | 55,338 | 72,203 | 48,614 | 24,889 | 15,148 | |
45 |
139,424 | 167,149 | 232,163 | 93,774 | 75,861 | 68,446 | 41,996 | 30,479 | 53,432 | 45,981 | 10,999 | 1,905 | 274 | |
450/3 |
31,762 | 34,861 | 50,047 | 1,214 | 5,051 | 8,905 | 3,590 | - | 3,919 | 7,633 | 599 | 1,904 | 274 | |
454/9 |
107,662 | 132,288 | 182,116 | 92,560 | 70,810 | 59,541 | 38,406 | 30,479 | 49,513 | 38,348 | 10,400 | 1 | - | |
47/48 |
29,307 | 14,512 | 13,662 | 12,653 | 12,177 | 12,341 | 12,464 | 6,103 | 6,153 | 39,594 | 393 | 3,232 | 3,125 | |
492/3 |
1,726 | 5,621 | 3,175 | 37,521 | - | 367,624 | 1,732 | - | - | - | 9,123 | 9,926 | 2,150 | |
| Income statement | ||||||||||||||
70 |
- | - | - | 2.8m | 2.0m | 1.3m | - | - | - | - | - | - | - | |
76A |
- | - | - | - | - | - | - | - | - | 257 | - | - | - | |
9900 |
1.7m | 2.0m | 1.6m | 1.2m | 894,400 | 760,314 | 513,696 | 412,712 | 283,793 | 180,959 | 130,736 | 46,138 | -40,629 | |
60/61 |
- | - | - | 1.6m | 1.2m | 579,943 | - | - | - | - | - | - | - | |
62 |
1.2m | 1.4m | 1.5m | 1.0m | 748,903 | 528,925 | 282,716 | 278,467 | 206,276 | 194,668 | 73,280 | 33,209 | 10,712 | |
630 |
678,343 | 527,362 | 322,011 | 151,510 | 135,372 | 132,418 | 158,631 | 123,902 | 71,509 | 53,711 | 49,176 | 35,806 | 28,360 | |
640/8 |
1,118 | 1,670 | 724 | 1,461 | 449 | 448 | 484 | 444 | 442 | 339 | 1,118 | 493 | 1,297 | |
66A |
- | - | - | - | - | - | - | - | - | 161 | - | - | - | |
9901 |
-173,097 | 68,731 | -233,850 | 56,559 | 9,676 | 98,523 | 71,865 | 9,899 | 5,566 | -67,920 | 7,161 | -23,371 | -80,998 | |
75/76B |
47,821 | 48,254 | 39,411 | 16,763 | 6,190 | 4,161 | 878 | 105 | 3 | 25 | 22 | 22 | 121 | |
75 |
47,821 | 48,254 | 39,411 | 16,763 | 6,190 | 4,161 | 878 | 105 | 3 | 25 | 22 | 22 | 121 | |
65/66B |
112,361 | 105,234 | 89,300 | 66,130 | 6,994 | 2,969 | 9,132 | 16,884 | 4,035 | 2,690 | 2,499 | 2,056 | 1,233 | |
65 |
112,361 | 105,234 | 89,300 | 66,130 | 6,994 | 2,969 | 9,132 | 16,884 | 4,035 | 2,690 | 2,499 | 2,056 | 1,233 | |
9903 |
-237,638 | 11,751 | -283,738 | 7,192 | 8,872 | 99,716 | 63,611 | -6,880 | 1,535 | -70,585 | 4,684 | -25,405 | -82,110 | |
67/77 |
-14,918 | -28,484 | 1,337 | - | - | - | - | - | - | - | 5 | 177 | 207 | |
9904 |
-222,720 | 40,235 | -285,075 | 7,192 | 8,872 | 99,716 | 63,611 | -6,880 | 1,535 | -70,585 | 4,679 | -25,582 | -82,317 | |
9905 |
-222,720 | 40,235 | -285,075 | 7,192 | 8,872 | 99,716 | 63,611 | -6,880 | 1,535 | -70,585 | 4,679 | -25,582 | -82,317 | |
| Appropriation of the result | ||||||||||||||
9906 |
-398,873 | -176,153 | -216,389 | 68,687 | 61,494 | 52,622 | -47,093 | -110,705 | -103,824 | -173,805 | -103,220 | -107,899 | -82,317 | |
14P |
-176,153 | -216,389 | 68,687 | 61,494 | 52,622 | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||
9087 |
13.4 | 16.2 | 18 | 15.9 | 11.9 | 9.2 | 6.3 | 7.1 | 6.3 | 4.9 | 2 | 1.3 | 0.4 | |
Hours worked1013 |
20,695 | 26,401 | 27,454 | 25,890 | 20,780 | 15,918 | 10,924 | 12,028 | 10,533 | 8,659 | 3,473 | 2,257 | 944 | |
| Document | ||||||||||||||
The notes to these accounts have 24 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 19-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 19-06-2026 | 2026-00176454 | |
| 31-12-2024 | abbreviated format | 02-07-2025 | 2025-00216850 | |
| 31-12-2023 | abbreviated format | 25-06-2024 | 2024-00174622 | |
| 31-12-2022 | abbreviated format | 15-06-2023 | 2023-00130811 | |
| 31-12-2021 | abbreviated format | 30-08-2022 | 2022-20344984 | |
| 31-12-2020 | abbreviated format | 29-06-2021 | 2021-25900512 | |
| 31-12-2019 | abbreviated format | 19-06-2020 | 2020-18100122 | |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-55200538 | |
| 31-12-2017 | abbreviated format | 26-09-2018 | 2018-64400483 | |
| 31-12-2016 | abbreviated format | 31-08-2017 | 2017-52500052 | |
| 31-12-2015 | abbreviated format | 30-06-2016 | 2016-24100293 | |
| 31-12-2014 | abbreviated format | 24-06-2015 | 2015-22000119 | |
| 31-12-2013 | abbreviated format | 30-07-2014 | 2014-38500038 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €32,500 | €7,872 |
| 2024 | 1 | €7,452 | €6,889 |
| 2023 | 1 | €7,500 | €7,688 |
| 2022 | 1 | €7,500 | €7,313 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 505,246 | 596,094 | 88,162 | 208,069 | 145,048 | 230,942 | 230,496 | 133,801 | 77,075 | -14,209 | 56,337 | 12,435 | -52,638 | ||
| 455,623 | 567,598 | 36,936 | 158,702 | 144,244 | 232,134 | 222,243 | 117,022 | 73,044 | -16,874 | 53,855 | 10,224 | -53,958 | ||
| 481,645 | 763,403 | 903,225 | 710,747 | 168,777 | 38,564 | 183,296 | 187,732 | 112,525 | 37,895 | 63,650 | 73,713 | 87,803 | ||
| -19,424 | -37,025 | -75,758 | -46,828 | 14,597 | 161,376 | 36,996 | 4,903 | -9,115 | 10,235 | 24,695 | -4,367 | - | ||
| -540,474 | -405,306 | -588,010 | -126,176 | 65,021 | 457,178 | -102,285 | -147,638 | -76,928 | -45,510 | 14,638 | 25,236 | 25,189 | ||
| - | - | - | 2.1% | 0.5% | 7.7% | - | - | - | - | - | - | - | ||
| -9.3% | 2.0% | 0.2% | 20.7% | 35.3% | 28.0% | 30.8% | 23.3% | 30.9% | 18.9% | 51.7% | 73.7% | 79.9% | ||
| 0.50 | 0.61 | 0.48 | 0.83 | 1.13 | 2.38 | 0.74 | 0.59 | 0.70 | 0.77 | 1.15 | 1.84 | 2.36 | ||
| - | 49.49 | - | 3.84 | 1.84 | 2.57 | 2.25 | 3.29 | 2.24 | 4.28 | 0.93 | 0.36 | 0.25 | ||
| - | 91.8% | - | 2.5% | 3.2% | 36.6% | 36.8% | -6.3% | 1.3% | -152.8% | 4.0% | -22.8% | -99.8% | ||
| -11.6% | 1.8% | -15.0% | 0.5% | 1.1% | 10.3% | 11.3% | -1.5% | 0.4% | -28.9% | 2.1% | -16.8% | -79.8% | ||
| 4.50 | 5.66 | 0.99 | 3.15 | 20.74 | - | - | - | - | - | - | - | - | ||
| - | - | - | 47 days | 52 days | 155 days | - | - | - | - | - | - | - | ||
| - | - | - | 135 days | 104 days | 95 days | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 14 | 14 | 17 | 16 | 15 |
| full-time | 12 | 14 | 16 | 16 | 14 |
| part-time | 2 | 0 | 1 | - | 1 |
| in full-time equivalents | 12.2 | 14 | 16.8 | 16 | 14.8 |
| 13.4 | 16.2 | 18 | 15.9 | 11.9 | |
| On a permanent contract | 12 | 14 | 17 | 16 | 15 |
| Joined | 7 | 2 | 5 | 6 | 9 |
| Left | 9 | 5 | 4 | 5 | 4 |
| Training hours | - | - | 769 | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €856,701 | €800,316 | €756,930 | - | - |
| €450,000 | €450,000 | €450,000 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,779 | €4,766 | €4,997 | €3,411 | €5,125 |
| Intangible fixed assets | €478,666 | €758,637 | €898,228 | €707,335 | €163,652 |
| Financial fixed assets | €1,200 | - | - | - | - |
| €678,343 | €527,362 | €322,011 | €151,510 | €135,372 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €173,097, after a profit of €68,731 in 2024.
Equity is negative. Debt (€2.1m) exceeds the balance-sheet total (€1.9m).
OBJECTIVE7 has no parent and no holdings in its annual accounts.
| Transition Jump
registered office since 17-12-2019 · founded in 2019 |
total assets €210,651 (2025) 0739.707.746 |
The network starts from the directors of OBJECTIVE7. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Prins Boudewijnlaan 218A registered office 2650 Edegem | 03-05-2012 | 2.209.396.219 |
| Sint-Pietersvliet 7 2000 Antwerp | 01-01-2021 | 2.311.985.397 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11472C0195/00N000 | 4,496 m² | 1 · 292 m² | 9.5 m · 2 |
| 11002A1949/03A000 | 1,528 m² | 1 · 1,528 m² | 40.4 m · 12 |
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