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RunEASI

Active
Public limited companyfounded 20206 yrs activeEsperantolaan 7, 3300 Tienen, BelgiumKBO/BCE: BE 0751.947.463
Summary

RunEASI has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €279,165 and a net result of -€98,595. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 31% of 267 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability57▼-13
Solvency45▼-29
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 4.04 against 2.32 in 2024; short-term debt: 13.6% and cash: 46.4% of total assets), but 80.3% 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
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 6 years 0 10 y
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
Publishing activities (NACE 58)
about 30% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
2 d early
2024
5 d late
2023
26 d early
2022
24 d early
2021
17 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% 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 14 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 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

On 10 August 2020, RunEASI was incorporated as a Public limited company.1 Total assets went from EUR 506,025 in 2021 to EUR 1.4 million in 2025 and headcount from 1.1 to 3.6 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€279,165▼ 26.1%
2024 · €377,760
Total assets
€1.4m▲ 85.3%
2024 · €765,849
Net result
-€98,595
2024 · €5,014
Working capital
€585,882▲ 251%
2024 · €166,742
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 58, Publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€230,844--€200,087▲ 13.3%-€70,796▲ 64.6%€8,555-€85,568
Net result-€231,382below the sector's middle half--€193,149below the sector's middle half▲ 16.5%-€67,923below the sector's middle half▲ 64.8%€5,014within the sector's middle half-€98,595below the sector's middle half
Equity€265,218above the sector's middle half-€440,669above the sector's middle half▲ 66.2%€372,746above the sector's middle half▼ 15.4%€377,760above the sector's middle half▲ 1.3%€279,165within the sector's middle half▼ 26.1%
Total assets€506,025above the sector's middle half-€718,037above the sector's middle half▲ 41.9%€683,225above the sector's middle half▼ 4.8%€765,849above the sector's middle half▲ 12.1%€1.4mabove the sector's middle half▲ 85.3%
Debt€240,807-€277,368▲ 15.2%€310,479▲ 11.9%€388,090▲ 25.0%€1.1m▲ 194%
Working capital€231,962above the sector's middle half-€371,266above the sector's middle half▲ 60.1%€232,482above the sector's middle half▼ 37.4%€166,742above the sector's middle half▼ 28.3%€585,882above the sector's middle half▲ 251%
Solvency52.4%within the sector's middle half-61.4%within the sector's middle half▲ 9.0pp54.6%within the sector's middle half▼ 6.8pp49.3%within the sector's middle half▼ 5.2pp19.7%within the sector's middle half▼ 29.6pp
Current ratio7.95above the sector's middle half-6.79above the sector's middle half▼ 1.164.38within the sector's middle half▼ 2.402.32within the sector's middle half▼ 2.074.04within the sector's middle half▲ 1.72
Return on assets (ROA)-45.7%below the sector's middle half--26.9%below the sector's middle half▲ 18.8pp-9.9%below the sector's middle half▲ 17.0pp0.7%within the sector's middle half▲ 10.6pp-6.9%below the sector's middle half▼ 7.6pp
Staff (FTE)1.1-2.3▲ 109%2.9▲ 26.1%3.5▲ 20.7%3.6within the sector's middle half▲ 2.9%
above within below the middle half (P25 to P75) of NACE 58, Publishing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0Operating result 2021: -€230,844-€230,844Net result 2021: -€231,382-€231,382Operating result 2022: -€200,087-€200,087Net result 2022: -€193,149-€193,149Operating result 2023: -€70,796-€70,796Net result 2023: -€67,923-€67,923Operating result 2024: €8,555€8,555Net result 2024: €5,014€5,014Operating result 2025: -€85,568-€85,568Net result 2025: -€98,595-€98,59520212022202320242025-€100,000-€50,000€0Operating result 2023: -€70,796-€70,800Net result 2023: -€67,923-€67,900Operating result 2024: €8,555€8,560Net result 2024: €5,014€5,010Operating result 2025: -€85,568-€85,600Net result 2025: -€98,595-€98,600202320242025
The operating result turns negative in 2025: a loss of €85,568 after €8,555 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets €640,139 ▲ 35.4%
Current assets €778,694 ▲ 166%
Equity and liabilities €1.4m
Equity €279,165 ▼ 26.1%
Debt €1.1m ▲ 194%
Debt's share of the balance-sheet total rises from 50.7% to 80.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€152,152▼
2024 · €165,940
Cash flow
€139,125▼
2024 · €162,399
Quick ratio
3.91▲
2024 · 2.32
Debt to equity
4.08▲
2024 · 1.03
ROE
-35.3%▼
2024 · 1.3%
Interest coverage
5.69▼
2024 · 12.89
Debt ≤ 1 year
€192,811▲
2024 · €126,487
Debt > 1 year
€704,983
Income taxes
-€13,369▼
2024 · -€9,333
Staff costs
€317,586▲
2024 · €258,226
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,548 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a small loss
4.3% went bankrupt
3.9% stopped otherwise
91% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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% 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 1,548 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€765,849€1.4m▲
Fixed assets21/28€472,620€640,139▲
Intangible fixed assets21€470,633€631,380▲
Tangible fixed assets22/27€1,987€8,759▲
Plant, machinery and equipment23€164€56▼
Furniture and vehicles24€1,823€8,702▲
Current assets29/58€293,229€778,694▲
Stocks and contracts in progress3€345€24,486▲
Stocks30/36€345€24,486▲
Amounts receivable within one year40/41€78,961€79,999▲
Trade receivables40€44,589€17,922▼
Other amounts receivable41€34,373€62,077▲
Cash at bank and in hand54/58€209,185€658,366▲
Deferred charges and accrued income490/1€4,738€15,843▲
Equity and liabilities
Total equity and liabilities10/49€765,849€1.4m▲
Equity10/15€377,760€279,165▼
Contributions10/11€865,200€865,200=
Capital10€865,200€865,200=
Issued capital100€865,200€865,200=
Profit (loss) carried forward14-€487,440-€586,035▼
Amounts payable17/49€388,090€1.1m▲
Amounts payable after more than one year17-€704,983
Financial debts170/4-€704,983
Amounts payable within one year42/48€126,487€192,811▲
Current portion of amounts payable after more than one year42-€26,012
Trade debts44€60,407€90,334▲
Suppliers440/4€60,407€90,334▲
Taxes, remuneration and social security45€66,004€76,389▲
Taxes450/3€15,871€14,155▼
Remuneration and social security454/9€50,133€62,234▲
Other amounts payable47/48€77€77=
Accrued charges and deferred income492/3€261,602€241,873▼
Income statement Code20242025
Remuneration, social security and pensions62€258,226€317,586▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€157,385€237,720▲
Other operating charges640/8€1,211€1,727▲
Gross operating margin9900€425,377€471,465▲
Operating profit (loss)9901€8,555-€85,568▼
Financial income75/76B-€340
Recurring financial income75-€340
Financial charges65/66B€12,875€26,735▲
Recurring financial charges65€12,875€26,735▲
Profit (loss) for the period before taxes9903-€4,319-€111,963▼
Income taxes67/77-€9,333-€13,369▼
Profit (loss) for the period9904€5,014-€98,595▼
Profit (loss) for the period to be appropriated9905€5,014-€98,595▼
Appropriation of the result
Profit (loss) to be appropriated9906-€487,440-€586,035▼
Profit (loss) brought forward from the previous period14P-€492,454-€487,440▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€36,582€113,317€164,477€258,226€317,586▲ 23.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48,879€67,618€108,356€157,385€237,720▲ 51.0%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1,176-€1,176€0---
Other operating charges640/8€1,368€2,818€1,104€1,211€1,727▲ 42.7%
Gross operating margin9900-€142,839-€17,511€203,142€425,377€471,465▲ 10.8%
Operating profit (loss)9901-€230,844-€200,087-€70,796€8,555-€85,568▼ 1,100%
Financial income75/76B€1€60€0-€340-
Recurring financial income75€1€60€0-€340-
Financial charges65/66B€536€1,989€7,302€12,875€26,735▲ 108%
Recurring financial charges65€536€1,989€7,302€12,875€26,735▲ 108%
Profit (loss) for the period before taxes9903-€231,379-€202,016-€78,098-€4,319-€111,963▼ 2,492%
Income taxes67/77€3-€8,867-€10,175-€9,333-€13,369▼ 43.2%
Profit (loss) for the period9904-€231,382-€193,149-€67,923€5,014-€98,595▼ 2,067%
Profit (loss) for the period to be appropriated9905-€231,382-€193,149-€67,923€5,014-€98,595▼ 2,067%
Line20212022202320242025Change
Assets
Total assets20/58€506,025€718,037€683,225€765,849€1.4m▲ 85.3%
Fixed assets21/28€240,687€282,617€382,051€472,620€640,139▲ 35.4%
Intangible fixed assets21€237,110€280,636€380,673€470,633€631,380▲ 34.2%
Tangible fixed assets22/27€3,577€1,981€1,377€1,987€8,759▲ 341%
Plant, machinery and equipment23€1,725€1,140€556€164€56▼ 65.7%
Furniture and vehicles24€1,852€841€822€1,823€8,702▲ 377%
Current assets29/58€265,338€435,420€301,175€293,229€778,694▲ 166%
Stocks and contracts in progress3€3,160€1,580€1,580€345€24,486▲ 6,997%
Stocks30/36€3,160€1,580€1,580€345€24,486▲ 6,997%
Amounts receivable within one year40/41€127,688€67,166€41,416€78,961€79,999▲ 1.3%
Trade receivables40€7,550€16,478€14,673€44,589€17,922▼ 59.8%
Other amounts receivable41€120,138€50,688€26,743€34,373€62,077▲ 80.6%
Cash at bank and in hand54/58€133,313€363,382€247,350€209,185€658,366▲ 215%
Deferred charges and accrued income490/1€1,177€3,292€10,829€4,738€15,843▲ 234%
Equity and liabilities
Total equity and liabilities10/49€506,025€718,037€683,225€765,849€1.4m▲ 85.3%
Equity10/15€265,218€440,669€372,746€377,760€279,165▼ 26.1%
Contributions10/11€496,600€865,200€865,200€865,200€865,200=
Capital10€496,600€865,200€865,200€865,200€865,200=
Issued capital100€496,600€865,200€865,200€865,200€865,200=
Profit (loss) carried forward14-€231,382-€424,531-€492,454-€487,440-€586,035▼ 20.2%
Amounts payable17/49€240,807€277,368€310,479€388,090€1.1m▲ 194%
Amounts payable after more than one year17----€704,983-
Financial debts170/4----€704,983-
Amounts payable within one year42/48€33,377€64,154€68,693€126,487€192,811▲ 52.4%
Current portion of amounts payable after more than one year42----€26,012-
Trade debts44€9,766€25,832€20,210€60,407€90,334▲ 49.5%
Suppliers440/4€9,766€25,832€20,210€60,407€90,334▲ 49.5%
Taxes, remuneration and social security45€23,611€38,320€48,233€66,004€76,389▲ 15.7%
Taxes450/3€10,050€11,845€14,118€15,871€14,155▼ 10.8%
Remuneration and social security454/9€13,560€26,475€34,114€50,133€62,234▲ 24.1%
Other amounts payable47/48-€3€250€77€77=
Accrued charges and deferred income492/3€207,430€213,214€241,787€261,602€241,873▼ 7.5%
Line20212022202320242025Change
Profit (loss) for the period9904-€231,382-€193,149-€67,923€5,014-€98,595▼ 2,067%
+ Depreciation and write-downs630€48,879€67,618€108,356€157,385€237,720▲ 51.0%
Operating cash flow (approximation)-€182,503-€125,531€40,433€162,399€139,125▼ 14.3%
Investment in fixed assets (approximation)--€109,548-€207,790-€247,955-€405,239▼ 63.4%
Change in cash-€230,069-€116,033-€38,165€449,182▲ 1,277%

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 31-07-2027
2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
15-05
State Gazette act Miscellaneous
Correction4 facts ▸
  • Correction, 3, Creatie van twee nieuwe soorten van aandelen en vaststelling van rechten en verplichtingen
  • Correction, 5, Conversie van de bestaande aandelen in gewone of preferente aandelen
  • Correction, 7, 5
  • Other statement, uitreiking vóór registratie, artikel 173,1°bis van het Wetboek van registratierechten
2025
05-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial Back to profitnet €5,014
Net result €5,014 after 3 loss-making years.
05-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
14-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 1 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Tienen · 2 establishment units since 2020
seat establishment 1 of 2 establishment units on the map
Ground area
3,359 m²
Building footprint
552 m²
Volume, LiDAR
1,518 m³
Parcel 24592F0246/00V000, Flanders · tallest building 6.6 m. Linked by address, not a title deed.
5 companies at this address See who is registered here
2 establishment units
RunEASI
Esperantolaan 7, 3300 TienenComputer programming, consultancy and related activities
since 20202.307.037.013
Runeasi
Professor Van Overstraetenplein 5, 3000 LeuvenComputing infrastructure, data processing, hosting and related activities
since 20252.384.297.513
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24592F0246/00V000 Flanders 3,359 m² 1 · 552 m² 6.6 m
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.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Subsidies and aid

Flemish government

2022 to 2025 · 3 entries · 4,845 EUR awarded · 4,845 EUR paid
Year Entries awardedpaid
2025 1 1,485 EUR1,485 EUR
2023 1 1,680 EUR1,680 EUR
2022 1 1,680 EUR1,680 EUR
Schemes
3 entries · 4,845 EUR · 4,845 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen

Similar companies · same sector, comparable size

Of 1,287 companies in this sector we hold annual accounts for 593. 435 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPublic limited company
Founded10-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
58290Other software publishing
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:0751947463
Also 9925:BE0751947463
Registered 17-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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