Purefunction

Active

Private limited companyfounded 20206 yrs activeAlfred Oststraat 14, 2140 Antwerpen, BelgiumKBO/BCE: BE 0744.649.796

Purefunction has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 16974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Watch Print / PDF

Checked score

Score 2025

80 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability90▲+30

Solvency74▲+40

Growth78▲+46

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1.5k at 30 days acceptable

Liquidity ample (current ratio 1.93 against 1.08 in 2024; short-term debt: 51.4% and cash: 55.9% of total assets), but 51.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

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

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

202122232425

2020 to 2025 · latest year €20k

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-01-2026, 13 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

13 d early

2024

29 d early

2023

7 d early

2022

10 d early

2021

32 d early

2020

9 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close18-09-2026 today31-01-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€20k▲ 136%

2024 · €8k

2020: €10k 2021: €23k 2022: €63k 2023: €3k 2024: €8k

2020 → 2025

Total assets

€40k▼ 55.5%

2024 · €91k

2020: €29k 2021: €44k 2022: €94k 2023: €123k 2024: €91k

2020 → 2025

Net result

€11k▲ 112%

2024 · €5k

2020: €11k 2021: €13k 2022: €40k 2023: €32k 2024: €5k

2020 → 2025

Working capital

€19k▲ 207%

2024 · €6k

2020: €10k 2021: €22k 2022: €61k 2023: €-1k 2024: €6k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€23k-€63k▲ 176%€3k▼ 95.3%€8k▲ 178%€20k▲ 136%

Operating result€18k-€52k▲ 184%€40k▼ 22.0%€12k▼ 69.2%€27k▲ 116%

Net result€13k-€40k▲ 202%€32k▼ 21.7%€5k▼ 83.2%€11k▲ 112%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 116% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €40k

98.9%

Fixed assets €425▼ 79.3%

Current assets €40k▼ 55.0%

Equity and liabilities €40k

48.6%

51.4%

Equity €20k▲ 136%

Debt €21k▼ 74.9%

The debt ratio falls from 90.8% to 51.4%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€28k▲

2024 · €15k

Cash flow

€13k▲

2024 · €8k

Solvency

48.6%▲

2024 · 9.2%

Current ratio

1.93▲

2024 · 1.08

Quick ratio

1.93▲

2024 · 1.08

Debt / equity

1.06▼

2024 · 9.91

ROE

57.6%▼

2024 · 64.0%

ROA

28.0%▲

2024 · 5.9%

Interest coverage

4.82▲

2024 · 4.06

Debt

€21k▼

2024 · €82k

Debt ≤ 1 year

€21k▼

2024 · €82k

Income taxes

€10k▲

2024 · €4k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€91k€40k▼

Fixed assets21/28€2k€425▼

Tangible fixed assets22/27€2k€425▼

Plant, machinery and equipment23€2k€425▼

Current assets29/58€89k€40k▼

Amounts receivable within one year40/41€39k€17k▼

Trade receivables40€38k€17k▼

Other amounts receivable41€1k-

Cash at bank and in hand54/58€49k€23k▼

Deferred charges and accrued income490/1€462€747▲

Equity and liabilities

Total equity and liabilities10/49€91k€40k▼

Equity10/15€8k€20k▲

Contributions10/11€2k€2k=

Reserves13€6k€18k▲

Distributable reserves133€6k€18k▲

Amounts payable17/49€82k€21k▼

Amounts payable within one year42/48€82k€21k▼

Trade debts44€3k€2k▼

Suppliers440/4€3k€2k▼

Taxes, remuneration and social security45€103€9k▲

Taxes450/3€103€9k▲

Other amounts payable47/48€80k€9k▼

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼

Other operating charges640/8€12k€2k▼

Gross operating margin9900€27k€30k▲

Operating profit (loss)9901€12k€27k▲

Financial income75/76B€2€0▼

Recurring financial income75€2€0▼

Financial charges65/66B€4k€6k▲

Recurring financial charges65€4k€6k▲

Profit (loss) for the period before taxes9903€9k€21k▲

Income taxes67/77€4k€10k▲

Profit (loss) for the period9904€5k€11k▲

Profit (loss) for the period to be appropriated9905€5k€11k▲

Appropriation of the result

Profit (loss) to be appropriated9906€6k€11k▲

Profit (loss) brought forward from the previous period14P€640-

Transfer to equity691/2€6k€11k▲

To other reserves6921€6k€11k▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 8Financial 2Filings 6

Next filing, fiscal year 2026, expected by 31-01-2027

2026

18-01

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

02-01

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

30-06

Financial Weakest financial yearnet €5k ▼83.2%

Net result drops to €5k, the lowest in the series; recovery starts the following year.

24-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

21-01

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

30-06

Financial Highest result since 2020net €40k ▲202%

Operating result €52k, net result €40k, both a record.

2021

30-12

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

22-01

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Antwerpen · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Alfred Oststraat 142140 Antwerpen

Ground area

585 m²

Building footprint

289 m²

Volume, LiDAR

3,609 m³

Parcel 11313B0795/00H000, Flanders · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

Purefunction

Alfred Oststraat 14, 2140 AntwerpenRetail trade

since 20202.300.111.015

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11313B0795/00H000	Flanders	585 m²	1 · 289 m²	17.0 m · 5 fl.

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

Middelkerke · Eq €20k

Of 29,996 companies in sector 62200 we hold annual accounts for 18,390. 12,931 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded03-03-2020

Fiscal year end30-06

Activities, NACEBEL

62020IT consultancy

62200Computer consultancy and computer facilities management

62010Computer programming, consultancy and related activities

62030Computer programming, consultancy and related activities

62100Computer programming

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:tom.lauwyck@gmail.com

Enterprise