POSTSCRIPTUM NACE
ActiveSummary
POSTSCRIPTUM NACE has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203,162 and a net result of €18,178. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 86% of 21,070 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €203,162
- Profit
- €18,178
- FILINDRAS AlexandrosDirector
- KONSTANTINIDIS KonstantinosDirector
Why 95raises risk1 of the last 3 latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 8.41, cash €52,879Equity €203,162 (88.1% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 85% on solvency, 61% on liquidity, 38% on profitability and 43% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 50 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Appointments: KONSTANTINIDIS Konstantinos (director) and FILINDRAS…Capital conversion · Amendment of…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 69% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 26,974 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | - | €141 | €537 | €396 | ▼ 26.3% |
| Other operating charges640/8 | - | - | - | €1,807 | €1,275 | €1,321 | - | €29 | - |
| Gross operating margin9900 | €40,944 | €45,119 | €47,774 | €12,689 | €25,170 | €41,039 | €78,896 | €24,378 | ▼ 69.1% |
| Operating profit (loss)9901 | €39,815 | €28,303 | €48,939 | €10,882 | €23,895 | €39,577 | €78,359 | €23,953 | ▼ 69.4% |
| Financial income75/76B | - | - | - | - | - | €1,092 | €3,080 | - | - |
| Recurring financial income75 | - | - | - | - | - | €1,092 | €3,080 | - | - |
| Financial charges65/66B | - | - | - | €150 | €266 | €1,160 | - | €163 | - |
| Recurring financial charges65 | €4 | €10 | €150 | €150 | €266 | €1,160 | - | €163 | - |
| Profit (loss) for the period before taxes9903 | €39,811 | €28,293 | €48,789 | €10,732 | €23,629 | €39,509 | €81,439 | €23,790 | ▼ 70.8% |
| Income taxes67/77 | €10,647 | €8,178 | €14,000 | €3,626 | €14,271 | €3,626 | €15,471 | €5,612 | ▼ 63.7% |
| Profit (loss) for the period9904 | €29,164 | €20,115 | €34,789 | €7,106 | €9,358 | €35,883 | €65,968 | €18,178 | ▼ 72.4% |
| Profit (loss) for the period to be appropriated9905 | €29,164 | €20,115 | €34,789 | €7,106 | €9,358 | €35,883 | €65,968 | €18,178 | ▼ 72.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €59,033 | €97,501 | €137,834 | €146,242 | €224,796 | €194,772 | €234,734 | €230,578 | ▼ 1.8% |
| Fixed assets21/28 | - | - | - | - | - | €932 | €396 | - | - |
| Tangible fixed assets22/27 | - | - | - | - | - | €932 | €396 | - | - |
| Furniture and vehicles24 | - | - | - | - | - | €932 | €396 | - | - |
| Current assets29/58 | €59,033 | €97,501 | €137,834 | €146,242 | €224,796 | €193,840 | €234,338 | €230,578 | ▼ 1.6% |
| Amounts receivable within one year40/41 | €32,339 | €57,974 | €78,259 | €79,203 | €145,982 | €170,350 | €189,743 | €177,699 | ▼ 6.3% |
| Trade receivables40 | - | - | - | €12,205 | €12,205 | €11,616 | €17,507 | €17,106 | ▼ 2.3% |
| Other amounts receivable41 | - | - | - | €66,998 | €133,777 | €158,734 | €172,236 | €160,593 | ▼ 6.8% |
| Cash at bank and in hand54/58 | €26,694 | €39,527 | €59,575 | €67,039 | €50,352 | €23,490 | €44,595 | €52,879 | ▲ 18.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €28,462 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €59,033 | €97,501 | €137,834 | €146,242 | €224,796 | €194,772 | €234,734 | €230,578 | ▼ 1.8% |
| Equity10/15 | €35,364 | €55,479 | €90,268 | €97,374 | €119,132 | €155,015 | €202,984 | €203,162 | ▲ 0.1% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €6,200 | €18,600 | €18,600 | - | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | - | - | €12,400 | - | - | - | - | - |
| Reserves13 | €18,000 | €36,000 | €70,000 | €75,000 | €75,000 | €75,000 | €57,000 | €39,000 | ▼ 31.6% |
| Distributable reserves133 | - | - | - | €75,000 | €75,000 | €75,000 | €57,000 | €39,000 | ▼ 31.6% |
| Profit (loss) carried forward14 | €11,164 | €13,279 | €14,068 | €16,174 | €25,532 | €61,415 | €127,384 | €145,562 | ▲ 14.3% |
| Amounts payable17/49 | €23,669 | €42,022 | €47,566 | €48,868 | €105,664 | €39,757 | €31,750 | €27,416 | ▼ 13.7% |
| Amounts payable after more than one year17 | - | - | - | - | €60,000 | - | - | - | - |
| Financial debts170/4 | - | - | - | - | €60,000 | - | - | - | - |
| Amounts payable within one year42/48 | €22,332 | €39,145 | €47,566 | €48,868 | €45,664 | €39,757 | €31,750 | €27,416 | ▼ 13.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €10,283 | - | - | - |
| Trade debts44 | €11,284 | €25,219 | €24,745 | €23,888 | €24,377 | €3,314 | €3,709 | €3,326 | ▼ 10.3% |
| Suppliers440/4 | - | - | - | €23,888 | €24,377 | €3,314 | €3,709 | €3,326 | ▼ 10.3% |
| Taxes, remuneration and social security45 | - | - | - | €24,980 | €21,287 | €26,160 | €28,041 | €24,090 | ▼ 14.1% |
| Taxes450/3 | - | - | - | €24,980 | €21,287 | €26,160 | €28,041 | €24,090 | ▼ 14.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,164 | €20,115 | €34,789 | €7,106 | €9,358 | €35,883 | €65,968 | €18,178 | ▼ 72.4% |
| + Depreciation and write-downs630 | - | - | - | - | - | €141 | €537 | €396 | ▼ 26.3% |
| Operating cash flow (approximation) | €29,164 | €20,115 | €34,789 | €7,106 | €9,358 | €36,024 | €66,505 | €18,574 | ▼ 72.1% |
| Investment in fixed assets (approximation) | - | - | - | - | - | - | -€0 | - | - |
| Change in cash | - | €12,833 | €20,048 | €7,464 | -€16,687 | -€26,862 | €21,105 | €8,284 | ▼ 60.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 22-07-2026 | 2026-00323687 |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00333257 |
| 31-12-2023 | micro format | 01-10-2024 | 2024-00489953 |
| 31-12-2022 | full format | 10-11-2023 | 2023-00513418 |
| 31-12-2021 | full format | 31-08-2022 | 2022-20417466 |
| 31-12-2020 | full format | 15-11-2021 | 2021-77800374 |
| 31-12-2019 | full format | 30-09-2020 | 2020-57600346 |
| 31-12-2018 | full format | 28-09-2019 | 2019-67200239 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| FILINDRAS Alexandros |
|
| KONSTANTINIDIS Konstantinos |
|
Owners and capital
Capital and shareholders
- 21-08-2025 Converted to unavailable equity · €18,600
- 21-08-2025 Converted to uncalled contributions
- 21-08-2025 Converted to unavailable equity · €18,600
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-08
Gazette deed
Appointments: KONSTANTINIDIS Konstantinos (director) and FILINDRAS Alexandros (director)Capital conversion · Amendment of the articles · Capital8 facts ▸
- General meeting, 13-08-2025
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French) (2 times)
- Capital conversion, “compte de capitaux propres «apports non appelés»” (deed in French)
- Amendment of the articles
- Capital
- Director appointment, KONSTANTINIDIS Konstantinos (director (not named in the articles))
- Director appointment, FILINDRAS Alexandros (director (not named in the articles))
- Registered office clause, “toute communication vers cette adresse par les actionnaires, les titulaires de titres émis par la société et les titulaires de certificats émis avec la collabor…” (deed in French)
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21362B0225/00H006 | Brussels | 696 m² | 1 · 90 m² | 12.7 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’informatique au sens le plus large du terme, tels que la création de sites internet et de logiciels informatique, l’étude, la recherche…” (deed in French)
29 activities (deed in French)
- L’informatique au sens le plus large du terme, tels que la création de sites internet et de logiciels informatique, l’étude, la recherche, la conception, le développement, la mise en place et la commercialisation de technologies et de systèmes informatisés, de systèmes de régulations, d’exploitations, de gestion assistées, administratifs, commerciaux, industriels ; la création et la commercialisation de programme informatiques, d’application relatives au domaine IT et de tout « software » ;
- Toutes prestations de services dans le domaine de l’informatique et de la bureautique, notamment la création, la conception, la diffusion, la gestion de logiciels ainsi que tous autres supports informatiques, l’activité de conseil, la formation, la tenue de cours et l’organisation de tous systèmes informatiques ainsi que l’accueil et la gestion de services internet ;
- Promotion de l'innovation- transfert de technologie- utilisation des résultats de la recherche- développement de liens avec les institutions de recherche- exploitation des opportunités de financement et aide à l'utilisation des programmes de développement
- Services d'information et de communication- services de conseil en gestion- recherche scientifique et développement- les médias et les services de communication- formation professionnelle- services de promotion du tourisme- services fournis par des auteurs, compositeurs, sculpteurs et autres artistes
- L’entreprise générale de construction et notamment le gros œuvre, la maçonnerie et le béton, les travaux de démolition, plafonnage, cimentage, pose de chape, tailleur de pierre, marbrier, carrelage, toiture et étanchéité, sanitaire et plomberie, installation chauffage au gaz, de chauffage central, zinguerie et couvertures métalliques et non métalliques, travaux de vitrage, menuiserie charpenterie, peinture, pose revêtements murs et sols, électricité générale ainsi que tous placements de système d’alarme, de climatisation et de domotique, électrotechnique, lavage de vitres, horticulture, élagage d’arbres, aménagement de parcs et de jardin, construction de pavillons démontables et baraquements non métalliques, placement de clôture, ramonage de cheminées, installation d’échafaudage, de rejointoiement et nettoyage de façades, travaux d’égout, travaux de pose de câbles et de canalisations diverses, fabrication et d’ installation de cheminées ornementales, nettoyage et désinfection de maisons et de locaux, meubles, ameublement et objets divers, fabrication et garnissage de meubles non métallique, installation de ventilation et d’aération, de chauffage à air chaud, de conditionnement d’air et de tuyauteries industrielles, travaux de drainage, placement de cuisines équipées, construction, réfection et entretien des routes ;
- Nettoyage intérieur de bâtiments de tous types, y compris les bureaux, les ateliers, les usines, les locaux d’institutions et les autres locaux à usage commercial ou professionnel ainsi que les maisons unifamiliales et les immeubles à appartements, le nettoyage des vitres, le repassage ainsi que toutes activités dans le cadre des titres services au domicile et hors domicile de l’utilisateur des titres services ;
- La restauration en général et le secteur Horeca, l’organisation de banquets et réceptions, le service traiteur, y compris l’organisation, la gestion et l’exploitation de restaurants, sandwicheries, snack-bars, bars, cafétérias, débits de boissons, ainsi que toutes opérations de tourisme, d’hôtellerie, de divertissements et de loisirs en ce compris l’achat, la vente en gros et au détail, l’import-export de tous produits se rapportant directement ou indirectement à ces activités ;
- Fournir tous services ou prestations au profit de toutes clientèles privées ou commerciales
- Transport national et international par route de personnes et de marchandises, courrier express
- L’informatique au sens le plus large du terme, tels que la création de sites internet et de logiciels informatique, l’étude, la recherche, la conception, le développement, la mise en place et la commercialisation de technologies et de systèmes informatisés, de systèmes de régulations, d’exploitations, de gestion assistées, administratifs, commerciaux, industriels ; la création et la commercialisation de programme informatiques, d’application relatives au domaine IT et de tout « software » ;
- Le commerce ambulant
- Matériels de construction, de bricolage, matériel électrique et électronique, sanitaire et de plomberie, machines industrielles
- Tous produits alimentaires tels que fruits, légumes, conserves, produits laitiers, produits de la mer, poissons, boucherie, articles de ménage et articles cadeaux
- Tous textiles en général, vêtements divers, chaussures, cordonnerie, serrurerie, maroquinerie dans le sens le plus large
- Tous produits de l’artisanat en général, tapisseries, antiquités, brocantes, objets de décoration et tous mobiliers
- Tous les articles de parfumerie, de toilette, cosmétiques, produits de beauté, maquillage ainsi que savons et détergents
- Tous les articles d’horticulture tels que fleurs, plantes, articles de jardinage, aménagement et entretien de jardins et de pépinières
- Tous bijoux, orfèvrerie
- Tous appareils électroménagers, audio, vidéo, électronique, télécommunication, livres et revues, matériel de bureau et informatique
- Commerce d'alimentation générale dans le sens plus large du terme, cabines téléphoniques, night-shop
- L'achat, la vente, l'importation, l'exportation, la location à court ou à long termes, le leasing, la représentation, la fabrication, le montage, la démolition, le transport de réparation, le lavage, l’entretien de tous les véhicules automobiles, voitures mixtes, utilitaires, camions, motos, cyclomoteurs, vélos ainsi que des accessoires et pièces de ces véhicules, le tout neuf ou d'occasion, en ce compris le commerce de détail et de gros de pièces détachées et d’équipements divers, le commerce des huiles, essences, carburants, lubrifiants, moteurs, pneumatiques et d'une manière générale de produits quelconques se rapportant à l'automobile, atelier de réparation de carrosserie automobile et de tous les véhicules, car-wash, station-service
- Dépôt et atelier de fabrication de tous produits de boulangerie et de pâtisserie, de tous produits alimentaires et non alimentaires
- Libraire dans le sens le plus large du mot, c’est à dire, le commerce de détail en journaux, les magazines, les hebdomadaires, les revues, les livres, les articles de papeterie, les cartes routières, les plans de villes et similaires, les billets de loterie, le lotto, le tiercé, les articles pour fumeurs dans le sens le plus large du mot
- Boucherie, charcuterie, ainsi que la vente, l’achat, l’import, l’export, la distribution, la commercialisation, la fabrication, la conception, la préparation et le commerce en général de tous produits ayant un rapport avec la boucherie, la charcuterie, l’épicerie fine
- L'exploitation de salons de coiffure hommes, dames et enfants, les conseils en beauté et en soins de visage et corps, les soins de la peau et d’épilation, les soins de manucure et de pédicure
- L’exploitation d’une entreprise de taxis, de bureaux de centralisation d’appels téléphoniques et de transmissions pour taxis, la location de tous types de véhicules, avec ou sans chauffeur et le covoiturage, une mise en relation entre chauffeur et utilisateur de transport via des plateformes (application Smartphone)
- 1) Toutes activités généralement quelconques se rapportant directement ou indirectement à :
- 2) La vente en gros et en détail, l’import-export de :
- 3) L’exploitation de :
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- POSTSCRIPTUM NACE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d’administration, nommés avec ou sans limitation de durée” (deed in French)“Rémunération des administrateurs, L’assemblée générale décide si le mandat d’administrateur est ou non exercé gratuitement” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Les cessions n’ont d’effet vis-à-vis de la société et des tiers qu’à dater de leur inscription dans le registre des actions. Des certificats…” (deed in French)“En cas de décès de l’actionnaire unique, les droits afférents aux actions sont exercés par les héritiers et légataires régulièrement saisis…” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Pli recommandé, sans recours” (deed in French)1 more provision on this in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “En cas d’actionnaire unique-administrateur, ce dernier détermine librement, au fur et à mesure des besoins de la société et aux époques…” (deed in French)“Au moins quinze jours à dater de l'ouverture de la souscription, Les actions nouvelles à souscrire en numéraire doivent être offertes par…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- “E-mails, Les convocations aux assemblées générales contiennent l’ordre du jour” (deed in French)
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Toute personne peut renoncer à la convocation, en tout cas, sera considérée comme ayant été régulièrement convoquée si elle est présente ou…” (deed in French)“Admission à l’assemblée générale” (deed in French)
- Meeting procedureHow the meeting runs, from opening to minutes.
- “Séances – procès-verbaux, Ceux qui ont participé à l’assemblée générale ou qui y étaient représentés peuvent consulter la liste des…” (deed in French)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Tout actionnaire peut donner à toute autre personne, actionnaire ou non, par tout moyen de transmission, une procuration écrite pour le…” (deed in French)
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Un ou plusieurs commissaires, contrôle de la société” (deed in French)
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed