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POSITOS

Judicial reorganisation
Private limited company (pre-2019)founded 200521 yrs activeKoning Overwinnaarplein 21, 1040 Etterbeek, BelgiumKBO/BCE: BE 0874.913.670
Summary

The file of POSITOS contains 1 judicial reorganisation, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €54,253 and a net result of -€168. Equity is shrinking by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 37% of 17213 sector peers (fiscal year 2025).

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Leuven
Opened
24 June 2019
Track
Reorganisation by collective agreement
Docket number
20190013
Delegated judge
Willy Timmermans
Official Gazette
03-07-2019 (pdf) ↗search the document for 2019/134288

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  5. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Checked score

Score 2025
44 / 100
Weak
An ongoing judicial reorganisation from the Belgian State Gazette caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+44
Solvency69▼-23
Growth58▲+26
Track record60
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity tight (current ratio 1.45 against 2.91 in 2024; short-term debt: 56% and cash: 13.9% of total assets), and 56% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€168
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-04-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
30 d early
2023
18 d early
2022
13 d early
2021
2 d early
2020
on the day
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
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

POSITOS was incorporated on 6 July 2005.1 Total assets fell from EUR 520,342 in 2018 to EUR 123,189 in 2025.2 A judicial reorganisation was opened on 24 June 2019.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025
  3. 3Belgian State Gazette, 03-07-2019

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€54,253▼ 0.3%
2024 · €54,421
Total assets
€123,189▲ 51.1%
2024 · €81,521
Net result
-€168▲ 99.2%
2024 · -€19,887
Working capital
€31,220▼ 39.6%
2024 · €51,698
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,649€19,661-€4,940-€15,800▼ 220%€1,591
Net result-€2,971below the sector's middle half€13,617within the sector's middle half-€4,913below the sector's middle half-€19,887below the sector's middle half▼ 305%-€168below the sector's middle half▲ 99.2%
Equity€109,626within the sector's middle half▼ 44.7%€123,243within the sector's middle half▲ 12.4%€118,330within the sector's middle half▼ 4.0%€54,421within the sector's middle half▼ 54.0%€54,253within the sector's middle half▼ 0.3%
Total assets€239,302within the sector's middle half▲ 3.1%€131,939within the sector's middle half▼ 44.9%€124,281within the sector's middle half▼ 5.8%€81,521within the sector's middle half▼ 34.4%€123,189within the sector's middle half▲ 51.1%
Debt€129,676▲ 283%€8,696▼ 93.3%€5,951▼ 31.6%€27,101▲ 355%€68,936▲ 154%
Working capital€108,836within the sector's middle half▼ 45.1%€122,823above the sector's middle half▲ 12.9%€113,899within the sector's middle half▼ 7.3%€51,698within the sector's middle half▼ 54.6%€31,220within the sector's middle half▼ 39.6%
Solvency45.8%within the sector's middle half▼ 39.6pp93.4%above the sector's middle half▲ 47.6pp95.2%above the sector's middle half▲ 1.8pp66.8%within the sector's middle half▼ 28.5pp44.0%within the sector's middle half▼ 22.7pp
Current ratio1.84within the sector's middle half▼ 5.0115.12above the sector's middle half▲ 13.2820.14above the sector's middle half▲ 5.022.91within the sector's middle half▼ 17.231.45within the sector's middle half▼ 1.45
Return on assets (ROA)-1.2%below the sector's middle half▼ 14.6pp10.3%within the sector's middle half▲ 11.6pp-4.0%below the sector's middle half▼ 14.3pp-24.4%below the sector's middle half▼ 20.4pp-0.1%below the sector's middle half▲ 24.3pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2021: -€2,649-€2,649Net result 2021: -€2,971-€2,971Operating result 2022: €19,661€19,661Net result 2022: €13,617€13,617Operating result 2023: -€4,940-€4,940Net result 2023: -€4,913-€4,913Operating result 2024: -€15,800-€15,800Net result 2024: -€19,887-€19,887Operating result 2025: €1,591€1,591Net result 2025: -€168-€16820212022202320242025-€20,000-€10,000€0Operating result 2023: -€4,940-€4,940Net result 2023: -€4,913-€4,910Operating result 2024: -€15,800-€15,800Net result 2024: -€19,887-€19,900Operating result 2025: €1,591€1,590Net result 2025: -€168-€168202320242025
The operating result returns to profit in 2025: €1,591 after a loss of €15,800 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €123,189
Fixed assets €23,032 ▲ 746%
Current assets €100,156 ▲ 27.1%
Equity and liabilities €123,189
Equity €54,253 ▼ 0.3%
Debt €68,936 ▲ 154%
Debt's share of the balance-sheet total rises from 33.2% to 56.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,034▲
2024 · -€14,092
Cash flow
€3,275▲
2024 · -€18,178
Debt to equity
1.27▲
2024 · 0.50
ROE
-0.3%▲
2024 · -36.5%
Interest coverage
3.00▲
2024 · -7.06
Debt ≤ 1 year
€68,936▲
2024 · €27,101
Income taxes
€234▼
2024 · €2,091
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€81,521€123,189▲
Fixed assets21/28€2,723€23,032▲
Tangible fixed assets22/27€2,723€23,032▲
Furniture and vehicles24€2,723€23,032▲
Current assets29/58€78,798€100,156▲
Amounts receivable within one year40/41€10,846€18,861▲
Trade receivables40€10,846€18,861▲
Other amounts receivable41€0-
Current investments50/53-€55,000
Cash at bank and in hand54/58€51,796€17,090▼
Deferred charges and accrued income490/1€16,156€9,205▼
Equity and liabilities
Total equity and liabilities10/49€81,521€123,189▲
Equity10/15€54,421€54,253▼
Contributions10/11€18,600€18,600=
Reserves13€60,620€60,620=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Tax-exempt reserves132€4,000€4,000=
Distributable reserves133€54,760€54,760=
Profit (loss) carried forward14-€24,799-€24,967▼
Amounts payable17/49€27,101€68,936▲
Amounts payable within one year42/48€27,101€68,936▲
Financial debts43€0€0▼
Credit institutions430/8€0€0▼
Trade debts44€12€3,358▲
Suppliers440/4€12€3,358▲
Taxes, remuneration and social security45€8,901€1,416▼
Taxes450/3€5,997€1,416▼
Remuneration and social security454/9€2,904€0▼
Other amounts payable47/48€18,187€64,162▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,709€3,443▲
Other operating charges640/8€1,942€2,373▲
Gross operating margin9900-€12,150€7,407▲
Operating profit (loss)9901-€15,800€1,591▲
Financial income75/76B€0€152▲
Recurring financial income75€0€152▲
Financial charges65/66B€1,995€1,676▼
Recurring financial charges65€1,995€1,676▼
Profit (loss) for the period before taxes9903-€17,795€66▲
Income taxes67/77€2,091€234▼
Profit (loss) for the period9904-€19,887-€168▲
Profit (loss) for the period to be appropriated9905-€19,887-€168▲
Appropriation of the result
Profit (loss) to be appropriated9906-€24,799-€24,967▼
Profit (loss) brought forward from the previous period14P-€4,913-€24,799▼
Transfer from equity791/2€44,023€0▼
Profit to be distributed694/7€44,023€0▼
Return on contributions (dividend)694€44,023€0▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€322€371€968€1,709€3,443▲ 102%
Other operating charges640/8-€2,191€6,596€1,942€2,373▲ 22.2%
Gross operating margin9900-€2,327€22,223€2,624-€12,150€7,407▲ 161%
Operating profit (loss)9901-€2,649€19,661-€4,940-€15,800€1,591▲ 110%
Financial income75/76B-€6€412€0€152-
Recurring financial income75-€6€412€0€152-
Financial charges65/66B€133€971€216€1,995€1,676▼ 16.0%
Recurring financial charges65€133€971€216€1,995€1,676▼ 16.0%
Profit (loss) for the period before taxes9903-€2,782€18,696-€4,744-€17,795€66▲ 100%
Income taxes67/77€189€5,079€169€2,091€234▼ 88.8%
Profit (loss) for the period9904-€2,971€13,617-€4,913-€19,887-€168▲ 99.2%
Profit (loss) for the period to be appropriated9905-€2,971€13,617-€4,913-€19,887-€168▲ 99.2%
Line20212022202320242025Change
Assets
Total assets20/58€239,302€131,939€124,281€81,521€123,189▲ 51.1%
Fixed assets21/28€790€420€4,431€2,723€23,032▲ 746%
Tangible fixed assets22/27€790€420€4,431€2,723€23,032▲ 746%
Furniture and vehicles24€790€420€4,431€2,723€23,032▲ 746%
Current assets29/58€238,511€131,519€119,850€78,798€100,156▲ 27.1%
Amounts receivable within one year40/41€26,921€28,075€35,399€10,846€18,861▲ 73.9%
Trade receivables40€16,921€22,885€18,559€10,846€18,861▲ 73.9%
Other amounts receivable41€10,000€5,190€16,840€0--
Current investments50/53----€55,000-
Cash at bank and in hand54/58€211,590€103,444€64,429€51,796€17,090▼ 67.0%
Deferred charges and accrued income490/1--€20,021€16,156€9,205▼ 43.0%
Equity and liabilities
Total equity and liabilities10/49€239,302€131,939€124,281€81,521€123,189▲ 51.1%
Equity10/15€109,626€123,243€118,330€54,421€54,253▼ 0.3%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€93,997€104,643€104,643€60,620€60,620=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Tax-exempt reserves132€4,000€4,000€4,000€4,000€4,000=
Distributable reserves133€88,137€98,783€98,783€54,760€54,760=
Profit (loss) carried forward14-€2,971--€4,913-€24,799-€24,967▼ 0.7%
Amounts payable17/49€129,676€8,696€5,951€27,101€68,936▲ 154%
Amounts payable within one year42/48€129,676€8,696€5,951€27,101€68,936▲ 154%
Financial debts43---€0€0▼ 100%
Credit institutions430/8---€0€0▼ 100%
Trade debts44-€2,754€764€12€3,358▲ 27,980%
Suppliers440/4-€2,754€764€12€3,358▲ 27,980%
Taxes, remuneration and social security45€17,194-€5,186€8,901€1,416▼ 84.1%
Taxes450/3€14,444-€5,186€5,997€1,416▼ 76.4%
Remuneration and social security454/9€2,750--€2,904€0▼ 100%
Other amounts payable47/48€112,482€5,942€0€18,187€64,162▲ 253%
Line20212022202320242025Change
Profit (loss) for the period9904-€2,971€13,617-€4,913-€19,887-€168▲ 99.2%
+ Depreciation and write-downs630€322€371€968€1,709€3,443▲ 102%
Operating cash flow (approximation)-€2,649€13,988-€3,945-€18,178€3,275▲ 118%
Investment in fixed assets (approximation)-€0-€4,979€0-€23,753-
Change in cash--€108,146-€39,015-€12,633-€34,706▼ 175%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
07-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Weakest financial yearnet -€19,887
Net result drops to -€19,887, the lowest in the series; recovery starts the following year.
12-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
17-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Back to profitnet €13,617
Net result €13,617 after one loss-making year.
30-09
Financial Liquidity times 8current ratio 15.12
Current ratio from 1.84 to 15.12; short-term debt falls from €129,676 to €8,696.
28-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Highest result since 2018net €30,979 ▲173%
Operating result €62,481, net result €30,979, both a record.
30-09
Financial Liquidity doublescurrent ratio 6.85
Current ratio from 2.90 to 6.85; short-term debt falls from €140,946 to €33,860.
29-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
30-09
Financial Back to profitnet €11,351
Net result €11,351 after one loss-making year.
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 119 days late
03-07
Judicial reorganisation Opening
Ondernemingsrechtbank Leuven · collective agreement · event 24-06-2019
2018
25-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 25 days late
2017
02-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 2 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Etterbeek · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
517 m²
Building footprint
188 m²
Volume, LiDAR
4,545 m³
Parcel 21362B0212/00W002, Brussels · tallest building 27.8 m, ±8 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
POSITOS
Koning Overwinnaarplein 21, 1040 EtterbeekNACE 80421
since 20052.150.265.316
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21362B0212/00W002 Brussels 517 m² 1 · 188 m² 27.8 m · 8 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 15,357 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded06-07-2005
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:0874913670
Also 9925:BE0874913670
Registered 31-03-2026

Register as of 28 September 2026 · Peppol Directory

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