SAPSTROOM
ActiveSAPSTROOM has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €182k and a net result of €2k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 66% of 2672 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▲+6
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.82 against 2.93 in 2024), and 35.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 62
lower
← 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
64.5%
Return on assets
0.7%
Age of the figures
11 mo
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-05-2026, 29 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 · 10 filingsDeviation from the deadline
2025
29 d late
2024
15 d late
2023
7 d early
2022
3 d early
2021
10 d late
2020
9 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€182k▲ 1.2%
2024 · €180k
2018: €172k
2019: €173k
2020: €174k
2021: €178k
2022: €178k
2023: €180k
2024: €180k
2018 → 2025
Total assets
€282k▲ 3.4%
2024 · €273k
2018: €408k
2019: €382k
2020: €382k
2021: €344k
2022: €340k
2023: €361k
2024: €273k
2018 → 2025
Net result
€2k▲ 1,124%
2024 · €171
2018: €29k
2019: €1k
2020: €1k
2021: €4k
2022: €283
2023: €2k
2024: €171
2018 → 2025
Working capital
€182k▲ 1.5%
2024 · €179k
2018: €163k
2019: €172k
2020: €172k
2021: €178k
2022: €176k
2023: €178k
2024: €179k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€178k-€178k▲ 0.2%€180k▲ 1.0%€180k▲ 0.1%€182k▲ 1.2%
Operating result€7k-€2k▼ 75.7%€4k▲ 127%€1k▼ 64.4%€3k▲ 134%
Net result€4k-€283▼ 92.1%€2k▲ 522%€171▼ 90.3%€2k▲ 1,124%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 134% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €282k
Fixed assets
€220▼ 75.2%
Current assets
€282k▲ 3.7%
Equity and liabilities €282k
Equity
€182k▲ 1.2%
Debt
€100k▲ 7.8%
The debt ratio rises from 34.0% to 35.5%: debt grows faster than equity.
Key figures and ratios
EBITDA
€4k▲
2024 · €2k
Cash flow
€3k▲
2024 · €1k
Solvency
64.5%▼
2024 · 66.0%
Current ratio
2.82▼
2024 · 2.93
Quick ratio
2.82▼
2024 · 2.93
Debt / equity
0.55▲
2024 · 0.52
ROE
1.1%▲
2024 · 0.1%
ROA
0.7%▲
2024 · 0.1%
Interest coverage
16.70▲
2024 · 3.97
Debt
€100k▲
2024 · €93k
Debt ≤ 1 year
€100k▲
2024 · €93k
Income taxes
€2k▲
2024 · €1k
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€273k€282k▲
Fixed assets21/28€889€220▼
Tangible fixed assets22/27€889€220▼
Furniture and vehicles24€889€220▼
Current assets29/58€272k€282k▲
Amounts receivable within one year40/41€85k€73k▼
Trade receivables40€85k€69k▼
Other amounts receivable41€0€4k▲
Cash at bank and in hand54/58€187k€207k▲
Deferred charges and accrued income490/1€765€2k▲
Equity and liabilities
Total equity and liabilities10/49€273k€282k▲
Equity10/15€180k€182k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Other1109/19€19k-
Reserves13€161k€163k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€161k€163k▲
Amounts payable17/49€93k€100k▲
Amounts payable within one year42/48€93k€100k▲
Financial debts43€0€100▲
Credit institutions430/8€0€100▲
Trade debts44€89k€99k▲
Suppliers440/4€89k€99k▲
Taxes, remuneration and social security45€3k€0▼
Taxes450/3€3k€0▼
Other amounts payable47/48€569€580▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€872€669▼
Other operating charges640/8€525€539▲
Gross operating margin9900€3k€5k▲
Operating profit (loss)9901€1k€3k▲
Financial income75/76B€451€652▲
Recurring financial income75€451€652▲
Financial charges65/66B€583€241▼
Recurring financial charges65€583€241▼
Profit (loss) for the period before taxes9903€1k€4k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€171€2k▲
Profit (loss) for the period to be appropriated9905€171€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€171€2k▲
Transfer to equity691/2€171€2k▲
To other reserves6921€171€2k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 15 days late
2024
30-09
Financial
Weakest financial yearnet €171 ▼90.3%
Net result drops to €171, the lowest in the series; recovery starts the following year.
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Gent · 1 establishment unit since 2000
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.
Forelstraat 1009000 GentGround area
154 m²
Building footprint
89 m²
Volume, LiDAR
1,067 m³
Parcel 44811L0015/00S010, Flanders · tallest building 17.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Forelstraat 100, 9000 Gent
since 20002.116.076.180
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44811L0015/00S010 | Flanders | 154 m² | 1 · 89 m² | 17.3 m · 4 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
Eurocom Software
BE 0826.778.906
Izegem · Eq €182k
ORIGAMI CONSULTING
BE 1007.390.332
Elsene · Eq €182k
SIREAL
BE 0478.177.435
Eghezée · Eq €182k
ORDAFLEX
BE 0882.594.981
Zemst · Eq €182k
OnniTI
BE 0638.774.296
Gent · Eq €182k
Of 16,811 companies in sector 62100 we hold annual accounts for 8,750. 6,728 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2000
Fiscal year end30-09
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
74142
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.