PRIVATECH
ActiveSummary
PRIVATECH has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €97k and a net result of €58k. Its solvency ranks better than 62% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency97▲+14
Growth78
Track record94
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.5 against 2.28 in 2023; short-term debt: 27.7% and cash: 71.6% of total assets), and 27.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
68 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€97k▲ 147%
2023 · €39k
2023: €39k
2023 → 2024
Total assets
€134k▲ 96.1%
2023 · €68k
2023: €68k
2023 → 2024
Net result
€58k▲ 58.7%
2023 · €36k
2023: €36k
2023 → 2024
Working capital
€93k▲ 150%
2023 · €37k
2023: €37k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€39k-€97k▲ 147%
Operating result€46k-€73k▲ 58.6%
Net result€36k-€58k▲ 58.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 59% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €134k
Fixed assets
€4k ▲ 86.2%
Current assets
€130k ▲ 96.5%
Equity and liabilities €134k
Equity
€97k ▲ 147%
Debt
€37k ▲ 27.9%
Debt's share of the balance-sheet total falls from 42.5% to 27.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€74k▲
2023 · €46k
Cash flow
€59k▲
2023 · €37k
Current ratio
3.50▲
2023 · 2.28
Debt to equity
0.38▼
2023 · 0.74
ROE
59.4%▼
2023 · 92.4%
ROA
43.0%▼
2023 · 53.1%
Interest coverage
426.22▼
2023 · 920.00
Debt ≤ 1 year
€37k▲
2023 · €29k
Income taxes
€16k▲
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€68k€134k▲
Fixed assets21/28€2k€4k▲
Tangible fixed assets22/27€2k€4k▲
Plant, machinery and equipment23€2k€4k▲
Current assets29/58€66k€130k▲
Amounts receivable within one year40/41€3k€30k▲
Trade receivables40€2k€22k▲
Other amounts receivable41€766€8k▲
Cash at bank and in hand54/58€58k€96k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€68k€134k▲
Equity10/15€39k€97k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€36k€94k▲
Amounts payable17/49€29k€37k▲
Amounts payable within one year42/48€29k€37k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€15k€34k▲
Taxes450/3€15k€31k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€10k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€554€1k▲
Other operating charges640/8€154€146▼
Gross operating margin9900€47k€74k▲
Operating profit (loss)9901€46k€73k▲
Financial income75/76B-€868
Recurring financial income75-€868
Financial charges65/66B€50€173▲
Recurring financial charges65€50€173▲
Profit (loss) for the period before taxes9903€46k€73k▲
Income taxes67/77€9k€16k▲
Profit (loss) for the period9904€36k€58k▲
Profit (loss) for the period to be appropriated9905€36k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€94k▲
Profit (loss) brought forward from the previous period14P-€36k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
NBB filing
Directors · office · real estate
Directors
2 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, Evere · 1 establishment unit since 2023
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.
Jules Bordetlaan 361140 EvereGround area
7,880 m²
Building footprint
2,679 m²
Volume, LiDAR
67,544 m³
2 parcels, Brussels · tallest building 53.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
PRIVATECH
since 20232.343.781.603
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372B0284/00S003 | Brussels | 4,538 m² | 1 · 492 m² | 33.0 m · 7 fl. |
| 21372C0076/00E004 | Brussels | 3,342 m² | 1 · 2,187 m² | 53.8 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 6,952 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.