PRODUCTIVITY 5
ActiveSummary
PRODUCTIVITY 5 has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123k and a net result of €45k. Equity is growing by ~59.9% per year across the filed fiscal years. Its solvency ranks better than 47% of 679 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▼-11
Solvency70▼-8
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 2.1 against 3.95 in 2024; short-term debt: 31.7% and cash: 14.4% of total assets), but 54.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.1%
Return on assets
16.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
25 d early
2024
21 d early
2023
21 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€123k▲ 56.9%
2024 · €78k
2023: €29k
2024: €78k
2023 → 2025
Total assets
€272k▲ 86.3%
2024 · €146k
2023: €138k
2024: €146k
2023 → 2025
Net result
€45k▼ 9.5%
2024 · €49k
2023: €24k
2024: €49k
2023 → 2025
Working capital
€94k▲ 17.7%
2024 · €80k
2023: €8k
2024: €80k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€29k-€78k▲ 170%€123k▲ 56.9%
Operating result€30k-€62k▲ 109%€57k▼ 6.9%
Net result€24k-€49k▲ 105%€45k▼ 9.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €272k
Fixed assets
€92k ▲ 137%
Current assets
€181k ▲ 68.1%
Equity and liabilities €272k
Equity
€123k ▲ 56.9%
Debt
€150k ▲ 120%
Debt's share of the balance-sheet total rises from 46.5% to 54.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€66k▼
2024 · €69k
Cash flow
€53k▼
2024 · €57k
Current ratio
2.10▼
2024 · 3.95
Debt to equity
1.22▲
2024 · 0.87
ROE
36.3%▼
2024 · 62.9%
ROA
16.4%▼
2024 · 33.7%
Interest coverage
242.56▼
2024 · 600.03
Debt ≤ 1 year
€86k▲
2024 · €27k
Debt > 1 year
€27k
Income taxes
€13k▼
2024 · €13k
Staff costs
€116k▲
2024 · €73k
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€146k€272k▲
Fixed assets21/28€39k€92k▲
Intangible fixed assets21€30k€23k▼
Tangible fixed assets22/27€5k€47k▲
Furniture and vehicles24€2k€42k▲
Other tangible fixed assets26€3k€5k▲
Financial fixed assets28€3k€22k▲
Current assets29/58€107k€181k▲
Amounts receivable within one year40/41€32k€120k▲
Trade receivables40€28k€116k▲
Other amounts receivable41€5k€5k=
Cash at bank and in hand54/58€69k€39k▼
Deferred charges and accrued income490/1€6k€21k▲
Equity and liabilities
Total equity and liabilities10/49€146k€272k▲
Equity10/15€78k€123k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€73k€118k▲
Amounts payable17/49€68k€150k▲
Amounts payable after more than one year17-€27k
Financial debts170/4-€27k
Amounts payable within one year42/48€27k€86k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€14k€45k▲
Suppliers440/4€14k€45k▲
Taxes, remuneration and social security45€13k€28k▲
Taxes450/3€5k€16k▲
Remuneration and social security454/9€8k€12k▲
Other amounts payable47/48€816€5k▲
Accrued charges and deferred income492/3€41k€37k▼
Income statement
Code20242025
Remuneration, social security and pensions62€73k€116k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€200€205▲
Gross operating margin9900€143k€182k▲
Operating profit (loss)9901€62k€57k▼
Financial income75/76B€607€1▼
Recurring financial income75€607€1▼
Financial charges65/66B€116€272▲
Recurring financial charges65€116€272▲
Profit (loss) for the period before taxes9903€62k€57k▼
Income taxes67/77€13k€13k▼
Profit (loss) for the period9904€49k€45k▼
Profit (loss) for the period to be appropriated9905€49k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€73k€118k▲
Profit (loss) brought forward from the previous period14P€24k€73k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-08
State Gazette act
General meeting · Share transfer
Member admission · Director appointment
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €123k ▲56.9%
3 profitable years in a row build equity to €123k.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €49k ▲105%
Operating result €62k, net result €49k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 3.95
Current ratio from 1.09 to 3.95; short-term debt falls from €87k to €27k.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Liège · 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.
Esplanade Simone VEIL 14000 LiègeGround area
6,004 m²
Parcel 62814C0006/00G002, Wallonia. Linked by address, not a title deed.
1 establishment unit
PRODUCTIVITY 5
since 20232.341.403.816
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62814C0006/00G002 | Wallonia | 6,004 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
ED&J STUDIOS
BE 0890.561.354
Brakel · Eq €122,693
PRODEXCO
BE 0873.036.325
Beveren-Kruibeke-Zwijndrecht · Eq €122,451
THINGS framework
BE 0760.590.361
Braine-le-Comte · Eq €122,003
ELFERTAS CO
BE 0737.525.444
Brussel · Eq €121,847
Own-It
BE 0727.878.201
Meise · Eq €123,585
Of 1,284 companies in sector 58290 we hold annual accounts for 593. 466 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
Founded03-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
58290Other software publishing
62100Computer programming
47120Other non-specialised retail sale
47400Retail sale of information and communication equipment
62900Other information technology and computer services
70200Business and other management consultancy
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:loic.bar@wipus.com