RISI
ActiveSummary
RISI has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €508,006 and a net result of €281,266. Equity is growing by ~55.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 1453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability54▼-9
Solvency37▲+7
Growth62▼-19
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.08 in 2024; short-term debt: 88.2% and cash: 14.7% of total assets), and 88.2% of the assets are financed with debt.
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Signals
Five 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
11.8%
Return on assets
6.5%
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 18-07-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 d early
2024
24 d early
2023
21 d early
2022
24 d early
2021
31 d early
2020
16 d early
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 7 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€305,341▼ 61.8%
2024 · €800,341
EBIT margin
135.2%▲ 56.8pp
2024 · 78.4%
Net result
€281,266▼ 35.4%
2024 · €435,632
Working capital
€487,299▲ 49.1%
2024 · €326,760
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€338,801€347,646▲ 2.6%€800,341▲ 130%€305,341▼ 61.8%
Operating result€491,147▼ 59.7%€422,366▼ 14.0%€615,463▲ 45.7%€627,523▲ 2.0%€412,921▼ 34.2%
Net result€313,184▼ 74.2%€295,985▼ 5.5%€441,060▲ 49.0%€435,632▼ 1.2%€281,266above the sector's middle half▼ 35.4%
EBIT margin124.7%177.0%▲ 52.4pp78.4%▼ 98.6pp135.2%▲ 56.8pp
Equity-€945,937▲ 24.9%-€649,952▲ 31.3%-€208,892▲ 67.9%€226,740€508,006within the sector's middle half▲ 124%
Total assets€474,038▲ 1.3%€800,659▲ 68.9%€958,974▲ 19.8%€4.3m▲ 349%€4.3mwithin the sector's middle half=
Debt€1.4m▼ 17.8%€1.5m▲ 2.2%€1.2m▼ 19.5%€4.1m▲ 250%€3.8m▼ 6.9%
Working capital-€979,340▲ 24.4%-€606,769▲ 38.0%-€99,795▲ 83.6%€326,760€487,299within the sector's middle half▲ 49.1%
Solvency-199.5%▲ 69.6pp-81.2%▲ 118.4pp-21.8%▲ 59.4pp5.3%▲ 27.0pp11.8%within the sector's middle half▲ 6.5pp
Current ratio0.31▲ 0.060.56▲ 0.250.90▲ 0.341.08▲ 0.181.13within the sector's middle half▲ 0.05
Return on assets (ROA)66.1%▼ 193.1pp37.0%▼ 29.1pp46.0%▲ 9.0pp10.1%▼ 35.9pp6.5%within the sector's middle half▼ 3.6pp
Staff (FTE)23.2▲ 16.0%23.4▲ 0.9%21.4▼ 8.5%19.2▼ 10.3%14.8within the sector's middle half▼ 22.9%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.3m
Fixed assets
€20,707 ▲ 141%
Current assets
€4.3m ▼ 0.3%
Equity and liabilities €4.3m
Equity
€508,006 ▲ 124%
Debt
€3.8m ▼ 6.9%
Debt's share of the balance-sheet total falls from 94.7% to 88.2%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
7.48▼
2024 · 18.01
ROE
55.4%▼
2024 · 192.1%
Debt ≤ 1 year
€3.8m▼
2024 · €4.0m
Income taxes
€111,600▼
2024 · €178,119
Staff costs
€3.1m▲
2024 · €3.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,613 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
2.0%
stopped otherwise
97%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,613 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €3.9m | €4.1m | €4.0m | €4.3m | €3.9m | ▼ 9.3% |
| Turnover70 | - | €338,801 | €347,646 | €800,341 | €305,341 | ▼ 61.8% |
| Other operating income74 | €3.9m | €3.8m | €3.6m | €3.5m | €3.6m | ▲ 2.8% |
| Operating charges60/66A | €3.4m | €3.7m | €3.4m | €3.7m | €3.5m | ▼ 5.0% |
| Services and other goods61 | €421,648 | €435,134 | €397,411 | €715,031 | €362,690 | ▼ 49.3% |
| Remuneration, social security and pensions62 | €3.0m | €3.3m | €3.0m | €3.0m | €3.1m | ▲ 5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,563 | €0 | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2,399 | €7,792 | -€11,515 | €546 | ▲ 105% |
| Other operating charges640/8 | €368 | €0 | - | - | - | - |
| Operating profit (loss)9901 | €491,147 | €422,366 | €615,463 | €627,523 | €412,921 | ▼ 34.2% |
| Financial income75/76B | - | €1,954 | €5,887 | €1,743 | €5,044 | ▲ 189% |
| Recurring financial income75 | - | €1,954 | €5,887 | €1,743 | €5,044 | ▲ 189% |
| Other financial income752/9 | - | €1,954 | €5,887 | €1,743 | €5,044 | ▲ 189% |
| Financial charges65/66B | €4,493 | €996 | €4,836 | €15,515 | €25,099 | ▲ 61.8% |
| Recurring financial charges65 | €4,493 | €996 | €4,836 | €15,515 | €25,099 | ▲ 61.8% |
| Debt charges650 | €4,493 | €996 | €0 | - | - | - |
| Other financial charges652/9 | - | - | €4,836 | €15,515 | €25,099 | ▲ 61.8% |
| Profit (loss) for the period before taxes9903 | €486,654 | €423,324 | €616,514 | €613,751 | €392,866 | ▼ 36.0% |
| Income taxes67/77 | €173,470 | €127,339 | €175,454 | €178,119 | €111,600 | ▼ 37.3% |
| Taxes670/3 | €173,470 | €127,339 | €175,454 | €178,119 | €111,600 | ▼ 37.3% |
| Profit (loss) for the period9904 | €313,184 | €295,985 | €441,060 | €435,632 | €281,266 | ▼ 35.4% |
| Profit (loss) for the period to be appropriated9905 | €313,184 | €295,985 | €441,060 | €435,632 | €281,266 | ▼ 35.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €474,038 | €800,659 | €958,974 | €4.3m | €4.3m | = |
| Fixed assets21/28 | €33,403 | €15,078 | €14,580 | €8,606 | €20,707 | ▲ 141% |
| Furniture and vehicles24 | €0 | - | - | - | - | - |
| Financial fixed assets28 | €33,403 | €15,078 | €14,580 | €8,606 | €20,707 | ▲ 141% |
| Other financial fixed assets284/8 | €33,403 | €15,078 | €14,580 | €8,606 | €20,707 | ▲ 141% |
| Amounts receivable and cash guarantees285/8 | €33,403 | €15,078 | €14,580 | €8,606 | €20,707 | ▲ 141% |
| Current assets29/58 | €440,635 | €785,581 | €944,394 | €4.3m | €4.3m | ▼ 0.3% |
| Amounts receivable within one year40/41 | €339,687 | €568,021 | €692,133 | €3.7m | €3.7m | ▼ 1.1% |
| Trade receivables40 | - | €23,906 | €24,495 | €35,393 | €664 | ▼ 98.1% |
| Other amounts receivable41 | €339,687 | €544,115 | €667,638 | €3.7m | €3.7m | ▼ 0.2% |
| Cash at bank and in hand54/58 | €73,170 | €184,348 | €181,237 | €602,737 | €631,792 | ▲ 4.8% |
| Deferred charges and accrued income490/1 | €27,778 | €33,212 | €71,024 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €474,038 | €800,659 | €958,974 | €4.3m | €4.3m | = |
| Equity10/15 | -€945,937 | -€649,952 | -€208,892 | €226,740 | €508,006 | ▲ 124% |
| Contributions10/11 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Profit (loss) carried forward14 | -€2.4m | -€2.1m | -€1.7m | -€1.3m | -€975,084 | ▲ 22.4% |
| Amounts payable17/49 | €1.4m | €1.5m | €1.2m | €4.1m | €3.8m | ▼ 6.9% |
| Amounts payable within one year42/48 | €1.4m | €1.4m | €1.0m | €4.0m | €3.8m | ▼ 4.3% |
| Trade debts44 | €146,226 | €87,306 | €83,307 | €229,224 | €61,835 | ▼ 73.0% |
| Suppliers440/4 | €146,226 | €87,306 | €83,307 | €229,224 | €61,835 | ▼ 73.0% |
| Taxes, remuneration and social security45 | €741,098 | €883,917 | €750,803 | €729,309 | €729,891 | ▲ 0.1% |
| Taxes450/3 | €173,471 | €271,184 | €302,649 | €354,892 | €304,678 | ▼ 14.1% |
| Remuneration and social security454/9 | €567,627 | €612,733 | €448,154 | €374,417 | €425,213 | ▲ 13.6% |
| Other amounts payable47/48 | €532,651 | €421,127 | €210,079 | €3.0m | €3.0m | ▼ 0.2% |
| Accrued charges and deferred income492/3 | - | €58,261 | €123,677 | €108,626 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €313,184 | €295,985 | €441,060 | €435,632 | €281,266 | ▼ 35.4% |
| + Depreciation and write-downs630 | €3,563 | €0 | - | - | - | - |
| Operating cash flow (approximation) | €316,747 | €295,985 | €441,060 | €435,632 | €281,266 | ▼ 35.4% |
| Investment in fixed assets (approximation) | - | €18,325 | €498 | €5,974 | -€12,101 | ▼ 303% |
| Change in cash | - | €111,178 | -€3,111 | €421,500 | €29,055 | ▼ 93.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €500,000Eq €508,006 ▲124%
8 profitable years in a row build equity to €508,006.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2024
31-12
Financial
Equity above €200,000Eq €226,740
7 profitable years in a row build equity to €226,740.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
31-12
Financial
Highest result since 2018net €1.2m ▲58.4%
Operating result €1.2m, net result €1.2m, both a record.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 13 days late
15-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 227 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
11 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, Brussel · 1 establishment unit since 2000
Ground area
9,201 m²
Building footprint
5,756 m²
Volume, LiDAR
130,454 m³
2 parcels, Brussels · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.
567
companies at this address
See who is registered here
1 establishment unit
Establishment
since 20002.093.956.519
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 fl. |
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
967600JC95I86W655T11
Similar companies · same sector, comparable size
HNM SOLUTIONS
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MFK CONSULTING
BE 0844.821.894
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XonaConsult
BE 0680.980.184
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ERDON
BE 0823.166.051
Edegem · Eq €508,523
Jarviss
BE 0755.527.357
Lochristi · Eq €508,586
Of 30,009 companies in sector 62200 we hold annual accounts for 18,399. 11,900 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 (pre-2019)
Founded14-08-2000
Fiscal year end31-12
Activities, NACEBEL 2025
58130Publishing activities
58120Publishing activities
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
Contact
Phone
02/538.60.40
E-invoicing
Reachable via Peppol
Peppol ID
0208:0472559947
Also
9925:BE0472559947
Registered
04-08-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.