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Performance for Assets

Active
Public limited companyfounded 20179 yrs activeRue René Descartes 18, 7000 Mons, BelgiumKBO/BCE: BE 0678.486.987
Summary

Performance for Assets has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€566,188) and a net result of -€241,616. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1547 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth72=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.08 against 0.27 in 2023; short-term debt: 653.4% and cash: 0.5% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-553.4%
Return on assets
-236.2%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€566,188
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
69 d late
2023
372 d late
2022
109 d late
2021
3 d late
2020
19 d late
2019
32 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 101 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Performance for Assets was incorporated on 11 July 2017.1 Revenue grew from EUR 9,810 in 2018 to EUR 97,478 in 2024 and headcount from 1 to 1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€97,478▼ 23.7%
2023 · €127,771
EBIT margin
-246.9%▼ 81.0pp
2023 · -165.9%
Net result
-€241,616▼ 13.5%
2023 · -€212,929
Working capital
-€614,650▼ 43.7%
2023 · -€427,634
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€128,943▼ 49.0%€180,521▲ 40.0%€122,557▼ 32.1%€127,771▲ 4.3%€97,478▼ 23.7%
Operating result-€262,856▲ 15.6%-€219,738▲ 16.4%-€326,528▼ 48.6%-€212,035▲ 35.1%-€240,713▼ 13.5%
Net result-€263,702▲ 15.5%-€220,740▲ 16.3%-€327,477▼ 48.4%-€212,929▲ 35.0%-€241,616▼ 13.5%
EBIT margin-203.9%▼ 80.7pp-121.7%▲ 82.1pp-266.4%▼ 144.7pp-165.9%▲ 100.5pp-246.9%▼ 81.0pp
Equity-€163,425€215,835-€111,643-€324,572▼ 191%-€566,188▼ 74.4%
Total assets€78,439▼ 61.4%€458,327▲ 484%€373,325▼ 18.5%€261,337▼ 30.0%€102,306▼ 60.9%
Debt€241,864▲ 135%€242,492▲ 0.3%€484,968▲ 100.0%€585,909▲ 20.8%€668,494▲ 14.1%
Working capital-€189,438€152,054-€162,778-€427,634▼ 163%-€614,650▼ 43.7%
Staff (FTE)1.3▲ 30.0%1▼ 23.1%1=1=1=
Why a figure moved sharply
  • 2024 Equity -74%, Total assets -61% on 2023. Cause not known from the registers.
  • 2023 Equity -191% on 2022. Cause not known from the registers.
  • 2021 Total assets +484% on 2020. Cause not known from the registers.
  • 2020 Total assets -61% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€400,000-€300,000-€200,000-€100,000€0Operating result 2020: -€262,856-€262,856Net result 2020: -€263,702-€263,702Operating result 2021: -€219,738-€219,738Net result 2021: -€220,740-€220,740Operating result 2022: -€326,528-€326,528Net result 2022: -€327,477-€327,477Operating result 2023: -€212,035-€212,035Net result 2023: -€212,929-€212,929Operating result 2024: -€240,713-€240,713Net result 2024: -€241,616-€241,61620202021202220232024-€400,000-€300,000-€200,000-€100,000€0Operating result 2022: -€326,528-€327,000Net result 2022: -€327,477-€327,000Operating result 2023: -€212,035-€212,000Net result 2023: -€212,929-€213,000Operating result 2024: -€240,713-€241,000Net result 2024: -€241,616-€242,000202220232024
The operating result stays negative: a loss of €240,713 in 2024 against €212,035 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €102,306
Fixed assets €48,462 ▼ 53.0%
Current assets €53,844 ▼ 66.0%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€186,113▼
2023 · -€169,341
Cash flow
-€187,016▼
2023 · -€170,236
Solvency
-553.4%▼
2023 · -124.2%
Current ratio
0.08▼
2023 · 0.27
Quick ratio
0.07▼
2023 · 0.26
Debt to equity
-1.18▲
2023 · -1.81
ROA
-236.2%▼
2023 · -81.5%
Interest coverage
-286.33▼
2023 · -267.47
Debt ≤ 1 year
€668,494▲
2023 · €585,909
Staff costs
€127,708▲
2023 · €115,875
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.2% went bankrupt
8.2% stopped otherwise
82% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 6,035 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 · 2024 against 2023 · 48 lines
Balance sheet Code20232024
Assets
Total assets20/58€261,337€102,306▼
Fixed assets21/28€103,062€48,462▼
Intangible fixed assets21€103,062€48,462▼
Current assets29/58€158,275€53,844▼
Stocks and contracts in progress3€3,140€7,863▲
Contracts in progress37€3,140€7,863▲
Amounts receivable within one year40/41€98,332€45,440▼
Trade receivables40€87,412€38,874▼
Other amounts receivable41€10,919€6,566▼
Cash at bank and in hand54/58€50,920€541▼
Deferred charges and accrued income490/1€5,883-
Equity and liabilities
Total equity and liabilities10/49€261,337€102,306▼
Equity10/15-€324,572-€566,188▼
Contributions10/11€700,000€700,000=
Capital10€700,000€700,000=
Issued capital100€700,000€700,000=
Profit (loss) carried forward14-€1.0m-€1.3m▼
Amounts payable17/49€585,909€668,494▲
Amounts payable within one year42/48€585,909€668,494▲
Trade debts44€567,098€644,277▲
Suppliers440/4€567,098€644,277▲
Advances received on contracts in progress46€5,135€10,173▲
Taxes, remuneration and social security45€13,676€14,044▲
Remuneration and social security454/9€13,676€14,044▲
Income statement Code20232024
Operating income70/76A€131,825€104,308▼
Turnover70€127,771€97,478▼
Change in stocks of work in progress, finished goods and contracts in progress71€1,856€4,723▲
Other operating income74€2,199€2,107▼
Operating charges60/66A€343,860€345,021▲
Goods for resale, raw materials and consumables60€113,618€91,729▼
Purchases600/8€113,618€91,729▼
Services and other goods61€70,589€69,934▼
Remuneration, social security and pensions62€115,875€127,708▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42,694€54,600▲
Other operating charges640/8€1,084€1,050▼
Operating profit (loss)9901-€212,035-€240,713▼
Financial charges65/66B€882€903▲
Recurring financial charges65€882€903▲
Debt charges650€633€650▲
Other financial charges652/9€249€253▲
Profit (loss) for the period before taxes9903-€212,917-€241,616▼
Income taxes67/77€12-
Taxes670/3€12-
Profit (loss) for the period9904-€212,929-€241,616▼
Profit (loss) for the period to be appropriated9905-€212,929-€241,616▼
Appropriation of the result
Profit (loss) to be appropriated9906-€1.0m-€1.3m▼
Profit (loss) brought forward from the previous period14P-€811,643-€1.0m▼
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€181,030€125,755€131,825€104,308▼ 20.9%
Turnover70€128,943€180,521€122,557€127,771€97,478▼ 23.7%
Change in stocks of work in progress, finished goods and contracts in progress71--€9,810€924€1,856€4,723▲ 154%
Other operating income74-€10,319€2,274€2,199€2,107▼ 4.2%
Operating charges60/66A-€400,769€452,283€343,860€345,021▲ 0.3%
Goods for resale, raw materials and consumables60-€114,872€111,953€113,618€91,729▼ 19.3%
Purchases600/8-€114,872€111,953€113,618€91,729▼ 19.3%
Services and other goods61-€164,163€219,246€70,589€69,934▼ 0.9%
Remuneration, social security and pensions62-€93,872€98,737€115,875€127,708▲ 10.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,948€27,186€22,283€42,694€54,600▲ 27.9%
Other operating charges640/8-€676€65€1,084€1,050▼ 3.1%
Operating profit (loss)9901-€262,856-€219,738-€326,528-€212,035-€240,713▼ 13.5%
Financial charges65/66B-€835€760€882€903▲ 2.3%
Recurring financial charges65€681€835€760€882€903▲ 2.3%
Debt charges650€427€434€662€633€650▲ 2.7%
Other financial charges652/9-€400€98€249€253▲ 1.5%
Profit (loss) for the period before taxes9903-€263,537-€220,573-€327,288-€212,917-€241,616▼ 13.5%
Income taxes67/77€164€167€189€12--
Taxes670/3-€167€189€12--
Profit (loss) for the period9904-€263,702-€220,740-€327,477-€212,929-€241,616▼ 13.5%
Profit (loss) for the period to be appropriated9905-€263,702-€220,740-€327,477-€212,929-€241,616▼ 13.5%
Line20202021202220232024Change
Assets
Total assets20/58€78,439€458,327€373,325€261,337€102,306▼ 60.9%
Formation expenses20€1,473€631----
Fixed assets21/28€24,540€63,150€51,136€103,062€48,462▼ 53.0%
Intangible fixed assets21€24,540€63,150€51,136€103,062€48,462▼ 53.0%
Current assets29/58€52,425€394,546€322,189€158,275€53,844▼ 66.0%
Stocks and contracts in progress3€10,170€360€1,284€3,140€7,863▲ 150%
Contracts in progress37-€360€1,284€3,140€7,863▲ 150%
Amounts receivable within one year40/41€21,726€352,417€195,312€98,332€45,440▼ 53.8%
Trade receivables40-€28,072€64,885€87,412€38,874▼ 55.5%
Other amounts receivable41-€324,345€130,427€10,919€6,566▼ 39.9%
Cash at bank and in hand54/58€20,182€34,275€125,182€50,920€541▼ 98.9%
Deferred charges and accrued income490/1-€7,494€411€5,883--
Equity and liabilities
Total equity and liabilities10/49€78,439€458,327€373,325€261,337€102,306▼ 60.9%
Equity10/15-€163,425€215,835-€111,643-€324,572-€566,188▼ 74.4%
Contributions10/11€1.0m€700,000€700,000€700,000€700,000=
Capital10-€700,000€700,000€700,000€700,000=
Issued capital100-€700,000€700,000€700,000€700,000=
Profit (loss) carried forward14-€1.2m-€484,165-€811,643-€1.0m-€1.3m▼ 23.6%
Amounts payable17/49€241,864€242,492€484,968€585,909€668,494▲ 14.1%
Amounts payable within one year42/48€241,864€242,492€484,968€585,909€668,494▲ 14.1%
Trade debts44€168,564€152,478€430,535€567,098€644,277▲ 13.6%
Suppliers440/4-€152,478€430,535€567,098€644,277▲ 13.6%
Advances received on contracts in progress46-€53,272€18,245€5,135€10,173▲ 98.1%
Taxes, remuneration and social security45-€12,494€11,940€13,676€14,044▲ 2.7%
Taxes450/3-€1,495€178---
Remuneration and social security454/9-€10,999€11,761€13,676€14,044▲ 2.7%
Other amounts payable47/48-€24,248€24,248---
Line20202021202220232024Change
Profit (loss) for the period9904-€263,702-€220,740-€327,477-€212,929-€241,616▼ 13.5%
+ Depreciation and write-downs630€32,948€27,186€22,283€42,694€54,600▲ 27.9%
Operating cash flow (approximation)-€230,754-€193,554-€305,195-€170,236-€187,016▼ 9.9%
Investment in fixed assets (approximation)--€65,796-€10,269-€94,620-€0▲ 100.0%
Change in cash-€14,093€90,907-€74,262-€50,379▲ 32.2%

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
04-08
State Gazette act Permanent representative: Marie Kaisin
Reappointment: Ernst & Young Reviseurs d'Entreprises SRL/Bedrijfsrevisoren BV (statutory auditor)3 facts ▸
  • General meeting, 20-04-2026
  • Permanent representative, Marie Kaisin (permanent representative)
  • Auditor reappointment, Ernst & Young Reviseurs d'Entreprises SRL/Bedrijfsrevisoren BV (statutory auditor)
2025
08-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 69 days late
07-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 372 days late
2023
17-11
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 109 days late
2022
03-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2021
31-12
Financial Liquidity times 8current ratio 1.63
Current ratio from 0.22 to 1.63.
31-12
Financial Equity above €200,000Eq €215,835
Equity rises from -€163,425 to €215,835.
19-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
01-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 32 days late
2019
09-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts

Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors

Statutory auditor 1

Ernst & Young Reviseurs d'Entreprises SRL/Bedrijfsrevisoren BV
Statutory auditor · since 04-08-2026 · perm. rep.: Marie Kaisin
Current
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, Mons · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
6,592 m²
Building footprint
2,017 m²
Volume, LiDAR
15,734 m³
2 parcels, Wallonia · tallest building 8.7 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Performance for Assets
Rue des Gerboises(NN) 1, 5100 NamurComputer programming, consultancy and related activities
since 20172.267.098.945
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92095B0011/00S000 Wallonia 4,835 m² 1 · 1,618 m² 8.7 m · 3 fl.
53402A0191/00Y007 Wallonia 1,757 m² 1 · 399 m² 8.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 1 in office
Show
  • Statutory auditor
Mandates per person, with start and end dates
Name Functions and periods
Ernst & Young Reviseurs d'Entreprises SRL/Bedrijfsrevisoren BV
  • Statutory auditor, from 04-08-2026 to date
See the board, name and seat on a given date →

Structure & network

Owners and holdings

2 owners

Owners 2

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.

Similar companies · same sector, comparable size

Of 16,910 companies in sector 62100 we hold annual accounts for 8,778. 6,520 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded11-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 9925:BE0678486987
Registered 15-06-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.