PYSEC
ActiveSummary
PYSEC has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65,450 and a net result of €64,450. Its solvency ranks better than 64% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €65,450
- Profit
- €64,450
Why 97raises riskFounded in 2024lowers riskLiquidity: current ratio 3.64, cash €76,545Sector: Computer programming, consultancy and related activities (NACE 62)Equity €65,450 (72.5% 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 66% on solvency, 75% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 30-10-2026 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
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: PAUWELS Yentl Danny Antoinette…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
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 497,445 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 39,278 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 | 2025 |
|---|---|
| Other operating charges640/8 | €1 |
| Gross operating margin9900 | €82,676 |
| Operating profit (loss)9901 | €82,675 |
| Financial charges65/66B | €1,402 |
| Recurring financial charges65 | €1,402 |
| Profit (loss) for the period before taxes9903 | €81,274 |
| Income taxes67/77 | €16,824 |
| Profit (loss) for the period9904 | €64,450 |
| Profit (loss) for the period to be appropriated9905 | €64,450 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €90,275 | |
| Current assets29/58 | €90,275 | |
| Amounts receivable within one year40/41 | €11,030 | |
| Trade receivables40 | €11,007 | |
| Other amounts receivable41 | €23 | |
| Cash at bank and in hand54/58 | €76,545 | |
| Deferred charges and accrued income490/1 | €2,700 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €90,275 | |
| Equity10/15 | €65,450 | |
| Contributions10/11 | €1,000 | |
| Reserves13 | €64,450 | |
| Distributable reserves133 | €64,450 | |
| Amounts payable17/49 | €24,825 | |
| Amounts payable within one year42/48 | €24,825 | |
| Taxes, remuneration and social security45 | €24,825 | |
| Taxes450/3 | €24,576 | |
| Remuneration and social security454/9 | €249 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €64,450 |
| Operating cash flow (approximation) | €64,450 |
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 (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 01-06-2026 | 2026-00128602 |
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
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| PAUWELS Yentl Danny Antoinette |
|
Owners and capital
Capital and shareholders
- PAUWELS Yentl Danny Antoinette 100 shares (100%)
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 10-10-2024 Incorporation · €1,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
10-10
Gazette deed
IncorporationAppointment: PAUWELS Yentl Danny Antoinette (director) · Founder · Founding capital6 facts ▸
- Incorporation, 03-10-2024
- Founder, PAUWELS Yentl Danny Antoinette
- Founding capital, €1,000
- Registered office clause, “9982 Sint-Laureins, Sint-Jan-in-Eremo, Vlasbloem 19” (deed in Dutch)
- Board rule, 1, “enige aandeelhouder” (deed in Dutch)
- Director appointment, PAUWELS Yentl Danny Antoinette (director (not named in the articles))
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 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 |
|---|---|---|---|---|
| 43013C1096/00H003 | Flanders | 621 m² | 1 · 111 m² | 0.7 m |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels; Ontwerpen en programmeren van computerprogramma's…” (deed in Dutch)
10 activities (deed in Dutch)
- Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels
- Ontwerpen en programmeren van computerprogramma's
- Computerconsultancy-activiteiten
- Overige diensten op het gebied van informatietechnologie en computer
- Gegevensverwerking, webhosting en aanverwante activiteiten
- Overige zakelijke dienstverlening, n.e.g.
- Reparatie van computers en randapparatuur
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan- en verkoop, de bouw, de verbouwing, de binnenhuisinrichting en decoratie, de huur en verhuur, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, van onroerende goederen of onroerende zakelijke rechten
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals de aan- en verkoop, de huur en verhuur, de ruil; in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, obligaties, staatsfondsen
- Het verstrekken van leningen en voorschotten onder eender welke vorm of duur, alsmede het waarborgen van verbintenissen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PYSEC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
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.
- “Met of zonder beperking van duur, 1” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 19:00