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Program Poetic

Active
Private limited companyfounded 20224 yrs activeKwalestraat 148, 9320 Aalst, BelgiumKBO/BCE: BE 0787.895.465
Summary

Program Poetic has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €73,317 and a net result of €30,269. Its solvency ranks better than 74% of 17123 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+12
Growth52
Track record94
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 4.31 against 2.47 in 2024; short-term debt: 20.1% and cash: 61.2% of total assets), and 20.1% of the assets are financed with debt.
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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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
79.9%
Return on assets
33%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 18-11-2025, 18 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 filings
Deviation from the deadline
2025
18 d late
2024
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 24 days after 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close26-09-2026 today31-10-2026 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

Program Poetic was incorporated on 30 June 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€73,317▲ 70.3%
2024 · €43,048
Total assets
€91,779▲ 33.4%
2024 · €68,791
Net result
€30,269▼ 24.4%
2024 · €40,048
Working capital
€61,049▲ 62.6%
2024 · €37,543
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€50,579-€38,174▼ 24.5%
Net result€40,048-€30,269▼ 24.4%
Equity€43,048-€73,317▲ 70.3%
Total assets€68,791-€91,779▲ 33.4%
Debt€25,743-€18,462▼ 28.3%
Working capital€37,543-€61,049▲ 62.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2024: €50,579€50,579Net result 2024: €40,048€40,048Operating result 2025: €38,174€38,174Net result 2025: €30,269€30,26920242025€0€20,000€40,000€60,000Operating result 2024: €50,579€50,600Net result 2024: €40,048€40,000Operating result 2025: €38,174€38,200Net result 2025: €30,269€30,30020242025
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91,779
Fixed assets €12,268 ▲ 113%
Current assets €79,511 ▲ 26.1%
Equity and liabilities €91,779
Equity €73,317 ▲ 70.3%
Debt €18,462 ▼ 28.3%
Debt's share of the balance-sheet total falls from 37.4% to 20.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€44,536▼
2024 · €58,861
Cash flow
€36,630▼
2024 · €48,330
Current ratio
4.31▲
2024 · 2.47
Debt to equity
0.25▼
2024 · 0.60
ROE
41.3%▼
2024 · 93.0%
ROA
33.0%▼
2024 · 58.2%
Interest coverage
390.39▲
2024 · 177.65
Debt ≤ 1 year
€18,462▼
2024 · €25,493
Income taxes
€7,792▼
2024 · €10,200
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 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€68,791€91,779▲
Fixed assets21/28€5,755€12,268▲
Tangible fixed assets22/27€5,755€12,268▲
Plant, machinery and equipment23€2,074€1,267▼
Furniture and vehicles24€3,681€11,001▲
Current assets29/58€63,036€79,511▲
Amounts receivable within one year40/41€27,134€23,299▼
Trade receivables40€27,134€23,299▼
Cash at bank and in hand54/58€35,902€56,212▲
Equity and liabilities
Total equity and liabilities10/49€68,791€91,779▲
Equity10/15€43,048€73,317▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€40,048€70,317▲
Amounts payable17/49€25,743€18,462▼
Amounts payable within one year42/48€25,493€18,462▼
Trade debts44€2,579€1,019▼
Suppliers440/4€2,579€1,019▼
Taxes, remuneration and social security45€14,879€9,111▼
Taxes450/3€14,879€9,111▼
Other amounts payable47/48€8,035€8,333▲
Accrued charges and deferred income492/3€250-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,282€6,361▼
Other operating charges640/8-€189
Gross operating margin9900€58,861€44,724▼
Operating profit (loss)9901€50,579€38,174▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€331€114▼
Recurring financial charges65€331€114▼
Profit (loss) for the period before taxes9903€50,248€38,061▼
Income taxes67/77€10,200€7,792▼
Profit (loss) for the period9904€40,048€30,269▼
Profit (loss) for the period to be appropriated9905€40,048€30,269▼
Appropriation of the result
Profit (loss) to be appropriated9906€40,048€70,317▲
Profit (loss) brought forward from the previous period14P-€40,048

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

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,282€6,361▼ 23.2%
Other operating charges640/8-€189-
Gross operating margin9900€58,861€44,724▼ 24.0%
Operating profit (loss)9901€50,579€38,174▼ 24.5%
Financial income75/76B€0€0▲ 223%
Recurring financial income75€0€0▲ 223%
Financial charges65/66B€331€114▼ 65.6%
Recurring financial charges65€331€114▼ 65.6%
Profit (loss) for the period before taxes9903€50,248€38,061▼ 24.3%
Income taxes67/77€10,200€7,792▼ 23.6%
Profit (loss) for the period9904€40,048€30,269▼ 24.4%
Profit (loss) for the period to be appropriated9905€40,048€30,269▼ 24.4%
Line20242025Change
Assets
Total assets20/58€68,791€91,779▲ 33.4%
Fixed assets21/28€5,755€12,268▲ 113%
Tangible fixed assets22/27€5,755€12,268▲ 113%
Plant, machinery and equipment23€2,074€1,267▼ 38.9%
Furniture and vehicles24€3,681€11,001▲ 199%
Current assets29/58€63,036€79,511▲ 26.1%
Amounts receivable within one year40/41€27,134€23,299▼ 14.1%
Trade receivables40€27,134€23,299▼ 14.1%
Cash at bank and in hand54/58€35,902€56,212▲ 56.6%
Equity and liabilities
Total equity and liabilities10/49€68,791€91,779▲ 33.4%
Equity10/15€43,048€73,317▲ 70.3%
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€40,048€70,317▲ 75.6%
Amounts payable17/49€25,743€18,462▼ 28.3%
Amounts payable within one year42/48€25,493€18,462▼ 27.6%
Trade debts44€2,579€1,019▼ 60.5%
Suppliers440/4€2,579€1,019▼ 60.5%
Taxes, remuneration and social security45€14,879€9,111▼ 38.8%
Taxes450/3€14,879€9,111▼ 38.8%
Other amounts payable47/48€8,035€8,333▲ 3.7%
Accrued charges and deferred income492/3€250--
Line20242025Change
Profit (loss) for the period9904€40,048€30,269▼ 24.4%
+ Depreciation and write-downs630€8,282€6,361▼ 23.2%
Operating cash flow (approximation)€48,330€36,630▼ 24.2%
Investment in fixed assets (approximation)--€12,874-
Change in cash-€20,310-

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 31-10-2026
2025
18-11
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2024
29-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
NBB filing
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.

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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, Aalst · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
851 m²
Building footprint
86 m²
Volume, LiDAR
481 m³
Parcel 41047A0499/00L000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Program Poetic
Kwalestraat 148, 9320 AalstComputer programming, consultancy and related activities
since 20222.333.310.056
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41047A0499/00L000 Flanders 851 m² 1 · 86 m² 9.6 m · 2 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 16,901 companies in sector 62100 we hold annual accounts for 8,775. 6,927 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
Founded30-06-2022
Fiscal year end31-03
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63920Other information service activities
82990Other business support services

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