Result
From profit to loss in 2025, after a profit of €73,800 in 2024.
From profit to loss in 2025, after a profit of €73,800 in 2024.
The accounts state no turnover.
Of this, €376,065 falls due within a year.
Between 2020 and 2025, 32% of the full-time equivalents disappeared.
The 2020 accounts came 31 days late. The other five were filed on time.
Lower net result than 81% of companies in computer programming and consultancy. Sector median €22,924 · 3,405 companies.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 6 in 1,000 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, micro). It does better than 21% of them on solvency, 18% on liquidity, 27% on profitability and 35% on growth.
The bankruptcy probability was computed on 08-11-2026 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 low class on 30-06-2025, 0.8% 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, 1,548 companies had the same profile as PLANNINGFORCE has now. Each dot stands for 4 companies, two years later.
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of PLANNINGFORCE itself is lower: 0.6% within 12 months. It rests on far more data about PLANNINGFORCE than the profile alone.
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 1,548 companies, not a prediction for PLANNINGFORCE. 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 0.38 (0.48 in 2024), below 1. Short-term debt is 24.7% and cash 1.2% of total assets. 81.7% of the assets are financed with debt and provisions.
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 6 accounts on average 15 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.
These companies have the same main activity as PLANNINGFORCE: computer programming (NACE 62100). They are comparable in size and age: total assets between €1.2m and €1.8m, founded between 2017 and 2019.
PLANNINGFORCE files the abbreviated format. That format states no turnover. The gross margin rose from €636,630 in 2020 to €964,054 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €2.6m. Estimated: probably between €1.7m and €4.1m.
Higher than 27% of 3,405 companies in 2025.
Higher than 8% of 3,266 companies in 2025.
Higher than 24% of 3,314 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
1.5m | 1.5m | 1.4m | 1.4m | 1.5m | 1.4m | |
21/28 |
1.4m | 1.4m | 1.2m | 999,349 | 998,952 | 1.1m | |
21 |
1.4m | 1.3m | 1.2m | 978,662 | 970,869 | 1.1m | |
22/27 |
2,020 | 2,173 | 6,230 | 11,537 | 18,842 | 13,076 | |
24 |
1,679 | 394 | 3,013 | 6,882 | 12,749 | 13,076 | |
26 |
341 | 1,779 | 3,217 | 4,655 | 6,093 | - | |
28 |
9,150 | 9,150 | 9,150 | 9,150 | 9,240 | 390 | |
29/58 |
144,627 | 179,881 | 184,492 | 436,088 | 507,198 | 280,977 | |
40/41 |
112,447 | 162,110 | 66,460 | 356,774 | 470,094 | 245,140 | |
40 |
112,394 | 162,057 | 66,407 | 356,712 | 470,033 | 242,797 | |
41 |
54 | 54 | 54 | 61 | 61 | 2,343 | |
54/58 |
18,788 | 2,219 | 107,155 | 61,671 | 27,544 | 26,110 | |
490/1 |
13,392 | 15,552 | 10,876 | 17,643 | 9,559 | 9,727 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
1.5m | 1.5m | 1.4m | 1.4m | 1.5m | 1.4m | |
10/15 |
278,742 | 292,741 | 218,941 | 238,890 | 234,514 | 76,696 | |
10/11 |
300,000 | 300,000 | 300,000 | 300,000 | 300,000 | 300,000 | |
14 |
-21,258 | -7,259 | -81,059 | -61,110 | -65,486 | -223,304 | |
17/49 |
1.2m | 1.2m | 1.2m | 1.2m | 1.3m | 1.3m | |
17 |
837,793 | 852,793 | 852,793 | 876,255 | 943,681 | 974,635 | |
178/9 |
837,793 | 852,793 | 852,793 | 876,255 | 943,681 | 974,635 | |
42/48 |
376,065 | 374,324 | 307,271 | 282,697 | 301,229 | 339,056 | |
44 |
22,350 | 34,991 | 36,979 | 49,375 | 54,054 | 49,021 | |
440/4 |
22,350 | 34,991 | 36,979 | 49,375 | 54,054 | 49,021 | |
45 |
124,793 | 152,939 | 107,478 | 172,494 | 181,341 | 246,041 | |
450/3 |
49,661 | 71,321 | 19,861 | 54,582 | 27,216 | 42,800 | |
454/9 |
75,132 | 81,618 | 87,616 | 117,912 | 154,125 | 203,241 | |
47/48 |
228,923 | 186,394 | 162,814 | 60,828 | 65,834 | 43,993 | |
492/3 |
26,894 | 14,327 | 15,996 | 37,596 | 26,726 | 16,467 | |
| Income statement | |||||||
9900 |
964,054 | 974,046 | 888,487 | 932,941 | 974,218 | 636,630 | |
62 |
551,917 | 531,268 | 640,614 | 729,650 | 646,180 | 699,595 | |
630 |
385,634 | 313,931 | 234,188 | 172,062 | 153,692 | 123,356 | |
640/8 |
1,098 | 968 | 960 | 868 | 2,391 | 590 | |
9901 |
25,403 | 127,879 | 12,724 | 30,361 | 171,956 | -186,911 | |
75/76B |
14 | 5,934 | 31 | 11,445 | 12,846 | 190 | |
75 |
14 | 5,934 | 31 | 11,445 | 12,846 | 190 | |
65/66B |
37,153 | 30,026 | 31,510 | 23,424 | 24,969 | 34,908 | |
65 |
37,153 | 30,026 | 31,510 | 23,424 | 24,969 | 34,908 | |
9903 |
-11,736 | 103,786 | -18,754 | 18,382 | 159,833 | -221,629 | |
67/77 |
2,264 | 29,986 | 1,195 | 14,006 | 2,014 | 1,676 | |
9904 |
-13,999 | 73,800 | -19,949 | 4,376 | 157,819 | -223,304 | |
9905 |
-13,999 | 73,800 | -19,949 | 4,376 | 157,819 | -223,304 | |
| Appropriation of the result | |||||||
9906 |
-21,258 | -7,259 | -81,059 | -61,110 | -65,486 | -223,304 | |
14P |
-7,259 | -81,059 | -61,110 | -65,486 | -223,304 | - | |
| Social balance sheet | |||||||
9087 |
5.8 | 5.7 | 6.7 | 8.4 | 8.5 | 8.5 | |
Hours worked1013 |
9,762 | 9,622 | 10,373 | 13,779 | 13,934 | 13,914 | |
| Document | |||||||
The notes to these accounts have 12 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 26-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 26-06-2026 | 2026-00209667 | |
| 31-12-2024 | full format | 06-06-2025 | 2025-00129709 | |
| 31-12-2023 | full format | 17-07-2024 | 2024-00252972 | |
| 31-12-2022 | full format | 20-07-2023 | 2023-00253320 | |
| 31-12-2021 | full format | 25-07-2022 | 2022-20215993 | |
| 31-12-2020 | full format | 31-08-2021 | 2021-60300239 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €1,611 | €1,611 |
| 2024 | 1 | €2,135 | €2,135 |
| 2023 | 1 | €2,410 | €2,410 |
| 2022 | 1 | €1,365 | €1,365 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 411,038 | 441,810 | 246,913 | 202,423 | 325,647 | -63,555 | ||
| 371,635 | 387,732 | 214,239 | 176,438 | 311,510 | -99,949 | ||
| 406,196 | 457,727 | 445,348 | 172,550 | 26,768 | 1.2m | ||
| 16,569 | -104,937 | 45,484 | 34,127 | 1,434 | - | ||
| -231,438 | -194,443 | -122,779 | 153,391 | 205,969 | -58,078 | ||
| 18.3% | 19.1% | 15.7% | 16.6% | 15.6% | 5.5% | ||
| 0.38 | 0.48 | 0.60 | 1.54 | 1.68 | 0.83 | ||
| 4.45 | 4.24 | 5.37 | 5.01 | 5.42 | 17.34 | ||
| -5.0% | 25.2% | -9.1% | 1.8% | 67.3% | -291.2% | ||
| -0.9% | 4.8% | -1.4% | 0.3% | 10.5% | -15.9% | ||
| 11.06 | 14.71 | 7.84 | 8.64 | 13.04 | - |
EBIT margin: not included in this filing.
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 | 7 | 7 | 8 | 10 | 9 |
| full-time | 4 | 4 | 3 | 5 | 7 |
| part-time | 3 | 3 | 5 | 5 | 2 |
| in full-time equivalents | 5.8 | 5.7 | 6.1 | 8.1 | 8.3 |
| 5.8 | 5.7 | 6.7 | 8.4 | 8.5 | |
| On a permanent contract | 7 | 7 | 8 | 10 | 9 |
| Joined | - | 0 | 0 | 1 | 0 |
| Left | - | 1 | 2 | 0 | 1 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,345 | - | - | €2,296 | €13,718 |
| Intangible fixed assets | €403,851 | €457,727 | €445,348 | €170,254 | €4,200 |
| Financial fixed assets | - | - | - | - | €8,850 |
| €385,634 | €313,931 | €234,188 | €172,062 | €153,692 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 80% lower than in 2024.
Debt's share of the balance-sheet total rises from 80.9% to 81.7%. Equity and debt are lower.
PLANNINGFORCE has no parent and no holdings in its annual accounts.
| L. DE VOS
registered office since 01-04-1988 · founded in 1988 |
8.5 FTE (2025) 0433.733.718 |
| Ministerie van de Franse Gemeenschap
establishment since 01-01-2024 |
founded in 1980 0316.380.940 |
| IMMO ARQUENNES via Smet-Gestion-Commerce, at PLANNINGFORCE, last mentioned in 2019 · Managing director · deed of 13-07-2022 founded in 2017 · group Sesvenna Investment S.A |
turnover €1.0m (2025) |
The network starts from the earlier ties.
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
PLANNINGFORCE was incorporated on 12 December 2019 as a private limited company by SMET-GESTION-COMMERCE, with a starting capital of €300,000.12 The registered office was moved to Nivelles in 2021.3 The board currently has 2 members. S.G.C. has served longest, since 2019.4 Total assets went from €1.4m in 2020 to €1.5m in 2025 and headcount from 8.5 to 5.8 full-time equivalents.5
| Establishment | Since | Unit number |
|---|---|---|
| Avenue Robert Schuman 82 registered office 1401 Nivelles | 17-12-2019 | 2.296.584.074 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25004A0023/00V002 | 1.2 ha | 1 · 3,019 m² | 12.0 m · 3 |
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