OCTOPUS
ActiveOCTOPUS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.95M and a net result of €1.96M. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 44% of 2672 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
91
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency82▼-12
Growth80=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €360k at 30 days acceptable
Liquidity ample (current ratio 2.89 against 3.67 in 2024), but 61.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
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
38.5%
Return on assets
19.1%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-03-2026, 58 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
58 d late
2024
49 d early
2023
62 d early
2022
28 d early
2021
18 d early
2020
9 d early
2019
56 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€2.63M▲ 15.2%
2019 · €2.28M
2019: €2.28M
2019 → 2020
EBIT margin
49.4%▲ 7.9pp
2019 · 41.4%
2019: 41.4%
2019 → 2020
Net result
€1.96M▲ 17.0%
2024 · €1.68M
2019: €640k
2020: €896k
2021: €1.02M
2022: €1.20M
2023: €1.33M
2024: €1.68M
2019 → 2025
Working capital
€6.60M▼ 4.3%
2024 · €6.89M
2019: €3.34M
2020: €4.04M
2021: €5.08M
2022: €6.21M
2023: €7.57M
2024: €6.89M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.59M-€4.59M▲ 27.9%€5.72M▲ 24.6%€4.69M▼ 17.9%€3.95M▼ 15.8%
Operating result€1.39M-€1.69M▲ 21.5%€1.88M▲ 11.2%€2.04M▲ 8.3%€2.45M▲ 20.2%
Net result€1.02M-€1.20M▲ 18.2%€1.33M▲ 10.8%€1.68M▲ 26.1%€1.96M▲ 17.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 20% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.26M
Fixed assets
€164k▲ 26.7%
Current assets
€10.09M▲ 6.5%
Equity and liabilities €10.26M
Equity
€3.95M▼ 15.8%
Debt
€6.30M▲ 28.3%
The debt ratio rises from 51.2% to 61.5%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€2.51M▲
2024 · €2.09M
Cash flow
€2.02M▲
2024 · €1.73M
Solvency
38.5%▼
2024 · 48.8%
Current ratio
2.89▼
2024 · 3.67
Quick ratio
2.89▼
2024 · 3.67
Debt / equity
1.60▲
2024 · 1.05
ROE
49.6%▲
2024 · 35.7%
ROA
19.1%▲
2024 · 17.4%
Interest coverage
827.46▲
2024 · 295.29
Debt
€6.30M▲
2024 · €4.91M
Debt ≤ 1 year
€3.50M▲
2024 · €2.58M
Income taxes
€674k▲
2024 · €575k
Staff costs
€974k▲
2024 · €775k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€9.60M€10.26M▲
Fixed assets21/28€130k€164k▲
Tangible fixed assets22/27€130k€164k▲
Plant, machinery and equipment23€53k€41k▼
Furniture and vehicles24€76k€124k▲
Current assets29/58€9.47M€10.09M▲
Stocks and contracts in progress3€120€210▲
Stocks30/36€120€210▲
Amounts receivable within one year40/41€471k€576k▲
Trade receivables40€471k€576k▲
Current investments50/53€7.52M€8.14M▲
Cash at bank and in hand54/58€1.49M€1.38M▼
Equity and liabilities
Total equity and liabilities10/49€9.60M€10.26M▲
Equity10/15€4.69M€3.95M▼
Contributions10/11€450k€450k=
Capital10€450k€450k=
Issued capital100€450k€450k=
Reserves13€4.24M€3.50M▼
Non-distributable reserves130/1€45k€45k=
Legal reserve130€45k€45k=
Distributable reserves133€4.20M€3.46M▼
Amounts payable17/49€4.91M€6.30M▲
Amounts payable within one year42/48€2.58M€3.50M▲
Trade debts44€191k€215k▲
Suppliers440/4€191k€215k▲
Taxes, remuneration and social security45€392k€582k▲
Taxes450/3€287k€420k▲
Remuneration and social security454/9€105k€162k▲
Other amounts payable47/48€2.00M€2.70M▲
Accrued charges and deferred income492/3€2.33M€2.81M▲
Income statement
Code20242025
Remuneration, social security and pensions62€775k€974k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€58k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€28k€62k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€2.90M€3.55M▲
Operating profit (loss)9901€2.04M€2.45M▲
Financial income75/76B€219k€188k▼
Recurring financial income75€219k€188k▼
Financial charges65/66B€7k€3k▼
Recurring financial charges65€7k€3k▼
Profit (loss) for the period before taxes9903€2.25M€2.63M▲
Income taxes67/77€575k€674k▲
Profit (loss) for the period9904€1.68M€1.96M▲
Profit (loss) for the period to be appropriated9905€1.68M€1.96M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.68M€1.96M▲
Transfer from equity791/2€1.02M€739k▼
Profit to be distributed694/7€2.70M€2.70M=
Return on contributions (dividend)694€2.70M€2.70M=
Social balance
Average headcount (FTE)90879.110.8▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 58 days late
2025
30-06
Financial
Highest result since 2019net €1.96M ▲17%
Operating result €2.45M, net result €1.96M, both a record.
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Equity above €5MEq €5.72M ▲24.6%
5 profitable years in a row build equity to €5.72M.
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
06-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 138 days late
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Gent · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brusselsesteenweg 7089050 GentGround area
3,116 m²
Building footprint
456 m²
Volume, LiDAR
2,801 m³
Parcel 44363B0499/00B008, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Octopus
since 20022.096.082.797
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44363B0499/00B008 | Flanders | 3,116 m² | 1 · 456 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 1,570 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-05-2002
Fiscal year end30-06
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.