Sensify Technologies
ActiveSummary
The annual accounts of Sensify Technologies for fiscal year 2025 show a net loss of 110% of the equity at the start of that year. The 2025 annual accounts show equity of €84k and a net result of €-204k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 23% of 482 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-1
Solvency36▼-14
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.9 against 1.23 in 2024; short-term debt: 88.9% and cash: 2.9% of total assets), and 88.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.1%
Return on assets
-26.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-204k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 482 sector peers (2025).
NBB · sector comparisonPosition among 482 sector peers
Solvency
better than 23%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
20 d early
2023
5 d early
2022
67 d late
2021
33 d early
2020
57 d early
2019
38 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€84k▼ 54.6%
2024 · €186k
2018: €145k
2019: €163k▲ +11.9% vs 2018
2020: €225k▲ +38.5% vs 2019
2021: €247k▲ +9.9% vs 2020
2022: €279k▲ +12.7% vs 2021
2023: €289k▲ +3.7% vs 2022highest in 8 years
2024: €186k▼ -35.7% vs 2023
2025: €84k▼ -54.6% vs 2024lowest in 8 years
2018 → 2025
Total assets
€763k▲ 4.1%
2024 · €733k
2018: €158klowest in 8 years
2019: €248k▲ +57.3% vs 2018
2020: €318k▲ +28.1% vs 2019
2021: €467k▲ +47.0% vs 2020
2022: €581k▲ +24.3% vs 2021
2023: €599k▲ +3.1% vs 2022
2024: €733k▲ +22.4% vs 2023
2025: €763k▲ +4.1% vs 2024highest in 8 years
2018 → 2025
Net result
€-204k▼ 97.1%
2024 · €-103k
2018: €37k
2019: €17k▼ -53.4% vs 2018
2020: €63k▲ +263% vs 2019highest in 8 years
2021: €22k▼ -64.5% vs 2020
2022: €31k▲ +41.2% vs 2021
2023: €10k▼ -66.9% vs 2022
2024: €-103k▼ -1095% vs 2023
2025: €-204k▼ -97.1% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-67k
2024 · €126k
2018: €138k
2019: €122k▼ -11.4% vs 2018
2020: €141k▲ +14.9% vs 2019
2021: €302k▲ +115% vs 2020highest in 8 years
2022: €218k▼ -28.0% vs 2021
2023: €212k▼ -2.6% vs 2022
2024: €126k▼ -40.5% vs 2023
2025: €-67k▼ -153% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€247k-€279k▲ 12.7%€289k▲ 3.7%€186k▼ 35.7%€84k▼ 54.6%
2021: €247k
2022: €279k▲ +12.7% vs 2021
2023: €289k▲ +3.7% vs 2022highest in 5 years
2024: €186k▼ -35.7% vs 2023
2025: €84k▼ -54.6% vs 2024lowest in 5 years
Operating result€28k-€47k▲ 67.2%€27k▼ 41.0%€-69k€-175k▼ 153%
2021: €28k
2022: €47k▲ +67.2% vs 2021highest in 5 years
2023: €27k▼ -41.0% vs 2022
2024: €-69k▼ -351% vs 2023
2025: €-175k▼ -153% vs 2024lowest in 5 years
Net result€22k-€31k▲ 41.2%€10k▼ 66.9%€-103k€-204k▼ 97.1%
2021: €22k
2022: €31k▲ +41.2% vs 2021highest in 5 years
2023: €10k▼ -66.9% vs 2022
2024: €-103k▼ -1095% vs 2023
2025: €-204k▼ -97.1% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €175k in 2025 against €69k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €763k
Fixed assets
€152k ▲ 155%
Current assets
€611k ▼ 9.2%
Equity and liabilities €763k
Equity
€84k ▼ 54.6%
Debt
€679k ▲ 24.0%
Debt's share of the balance-sheet total rises from 74.6% to 88.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-144k▼
2024 · €-37k
Cash flow
€-173k▼
2024 · €-71k
Current ratio
0.90▼
2024 · 1.23
Quick ratio
0.44▼
2024 · 0.66
Debt to equity
8.04▲
2024 · 2.94
ROE
-241.4%▼
2024 · -55.6%
ROA
-26.7%▼
2024 · -14.1%
Interest coverage
-3.35▼
2024 · -0.96
Debt ≤ 1 year
€679k▲
2024 · €547k
Income taxes
€237▲
2024 · €217
Staff costs
€53k▼
2024 · €54k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€733k€763k▲
Fixed assets21/28€60k€152k▲
Intangible fixed assets21€29k€139k▲
Tangible fixed assets22/27€30k€13k▼
Plant, machinery and equipment23€28k€12k▼
Furniture and vehicles24€1k€820▼
Financial fixed assets28€2k€0▼
Current assets29/58€673k€611k▼
Stocks and contracts in progress3€315k€315k=
Stocks30/36€315k€315k=
Amounts receivable within one year40/41€313k€231k▼
Trade receivables40€91k€3k▼
Other amounts receivable41€222k€227k▲
Cash at bank and in hand54/58€29k€22k▼
Deferred charges and accrued income490/1€16k€43k▲
Equity and liabilities
Total equity and liabilities10/49€733k€763k▲
Equity10/15€186k€84k▼
Contributions10/11€79k€79k=
Reserves13€107k€8k▼
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Distributable reserves133€99k€0▼
Profit (loss) carried forward14-€-104k
Investment grants15-€102k
Amounts payable17/49€547k€679k▲
Amounts payable within one year42/48€547k€679k▲
Current portion of amounts payable after more than one year42€537k€573k▲
Trade debts44€3k€98k▲
Suppliers440/4€3k€98k▲
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€2k€751▼
Remuneration and social security454/9€6k€6k▼
Other amounts payable47/48€16€600▲
Accrued charges and deferred income492/3-€56
Income statement
Code20242025
Remuneration, social security and pensions62€54k€53k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€31k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€20k€-89k▼
Operating profit (loss)9901€-69k€-175k▼
Financial income75/76B€5k€14k▲
Recurring financial income75€5k€14k▲
Financial charges65/66B€39k€43k▲
Recurring financial charges65€39k€43k▲
Profit (loss) for the period before taxes9903€-103k€-204k▼
Income taxes67/77€217€237▲
Profit (loss) for the period9904€-103k€-204k▼
Profit (loss) for the period to be appropriated9905€-103k€-204k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-103k€-204k▼
Transfer from equity791/2€103k€99k▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €13k | - | - | - | - |
| Remuneration, social security and pensions62 | €39k | €28k | €13k | €54k | €53k | ▼ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37k | €25k | €36k | €32k | €31k | ▼ 3.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | €-15k | - | - | - | - |
| Other operating charges640/8 | €533 | €534 | €1k | €3k | €2k | ▼ 39.8% |
| Gross operating margin9900 | €104k | €86k | €78k | €20k | €-89k | ▼ 541% |
| Operating profit (loss)9901 | €28k | €47k | €27k | €-69k | €-175k | ▼ 153% |
| Financial income75/76B | €0 | €1k | €3k | €5k | €14k | ▲ 211% |
| Recurring financial income75 | €0 | €1k | €3k | €5k | €14k | ▲ 211% |
| Financial charges65/66B | €2k | €7k | €18k | €39k | €43k | ▲ 10.9% |
| Recurring financial charges65 | €2k | €7k | €18k | €39k | €43k | ▲ 10.9% |
| Profit (loss) for the period before taxes9903 | €25k | €41k | €13k | €-103k | €-204k | ▼ 97.3% |
| Income taxes67/77 | €3k | €9k | €2k | €217 | €237 | ▲ 9.1% |
| Profit (loss) for the period9904 | €22k | €31k | €10k | €-103k | €-204k | ▼ 97.1% |
| Transfer from tax-exempt reserves789 | €3k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €25k | €31k | €10k | €-103k | €-204k | ▼ 97.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €467k | €581k | €599k | €733k | €763k | ▲ 4.1% |
| Fixed assets21/28 | €107k | €62k | €92k | €60k | €152k | ▲ 155% |
| Intangible fixed assets21 | €13k | €6k | €38k | €29k | €139k | ▲ 386% |
| Tangible fixed assets22/27 | €93k | €54k | €52k | €30k | €13k | ▼ 56.1% |
| Plant, machinery and equipment23 | €68k | €50k | €50k | €28k | €12k | ▼ 56.8% |
| Furniture and vehicles24 | €25k | €4k | €2k | €1k | €820 | ▼ 41.0% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €0 | ▼ 100% |
| Current assets29/58 | €360k | €519k | €507k | €673k | €611k | ▼ 9.2% |
| Stocks and contracts in progress3 | €53k | €315k | €315k | €315k | €315k | = |
| Stocks30/36 | €53k | €315k | €315k | €315k | €315k | = |
| Amounts receivable within one year40/41 | €46k | €186k | €172k | €313k | €231k | ▼ 26.2% |
| Trade receivables40 | €46k | €85k | €105k | €91k | €3k | ▼ 96.3% |
| Other amounts receivable41 | €0 | €101k | €67k | €222k | €227k | ▲ 2.3% |
| Cash at bank and in hand54/58 | €255k | €17k | €872 | €29k | €22k | ▼ 24.6% |
| Deferred charges and accrued income490/1 | €5k | €2k | €20k | €16k | €43k | ▲ 167% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €467k | €581k | €599k | €733k | €763k | ▲ 4.1% |
| Equity10/15 | €247k | €279k | €289k | €186k | €84k | ▼ 54.6% |
| Contributions10/11 | €79k | €79k | €79k | €79k | €79k | = |
| Reserves13 | €169k | €200k | €211k | €107k | €8k | ▼ 92.7% |
| Non-distributable reserves130/1 | €8k | €8k | €8k | €8k | €8k | = |
| Reserves not available under the articles1311 | €8k | €8k | €8k | €8k | €8k | = |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €161k | €192k | €203k | €99k | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | - | - | €-104k | - |
| Investment grants15 | - | - | - | - | €102k | - |
| Amounts payable17/49 | €220k | €302k | €310k | €547k | €679k | ▲ 24.0% |
| Amounts payable after more than one year17 | €40k | - | - | - | - | - |
| Other amounts payable178/9 | €40k | - | - | - | - | - |
| Amounts payable within one year42/48 | €57k | €301k | €295k | €547k | €679k | ▲ 24.0% |
| Current portion of amounts payable after more than one year42 | - | €100k | €260k | €537k | €573k | ▲ 6.8% |
| Financial debts43 | €675 | €430 | - | - | - | - |
| Credit institutions430/8 | €675 | €430 | - | - | - | - |
| Trade debts44 | €10k | €191k | €29k | €3k | €98k | ▲ 3,598% |
| Suppliers440/4 | €10k | €191k | €29k | €3k | €98k | ▲ 3,598% |
| Taxes, remuneration and social security45 | €47k | €9k | €7k | €8k | €7k | ▼ 11.5% |
| Taxes450/3 | €41k | €9k | €3k | €2k | €751 | ▼ 51.1% |
| Remuneration and social security454/9 | €6k | - | €4k | €6k | €6k | ▼ 1.8% |
| Other amounts payable47/48 | €0 | - | €16 | €16 | €600 | ▲ 3,655% |
| Accrued charges and deferred income492/3 | €122k | €477 | €14k | - | €56 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €31k | €10k | €-103k | €-204k | ▼ 97.1% |
| + Depreciation and write-downs630 | €37k | €25k | €36k | €32k | €31k | ▼ 3.7% |
| Operating cash flow (approximation) | €59k | €57k | €46k | €-71k | €-173k | ▼ 142% |
| Investment in fixed assets (approximation) | - | €20k | €-66k | €0 | €-123k | - |
| Change in cash | - | €-238k | €-16k | €29k | €-7k | ▼ 125% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-204k
Net result drops to €-204k, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €63k ▲263%
Operating result €77k, net result €63k, both a record.
31-12
Financial
Equity above €200kEq €225k ▲38.5%
3 profitable years in a row build equity to €225k.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €163k ▲11.9%
2 profitable years in a row build equity to €163k.
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has 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
6 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 2008
Ground area
1,403 m²
Building footprint
1,133 m²
Volume, LiDAR
11,407 m³
Parcel 44804D3316/00P002, Flanders · tallest building 16.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sensify Technologies
since 20082.173.874.918
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D3316/00P002 | Flanders | 1,403 m² | 1 · 1,133 m² | 16.0 m · 3 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 122,625 EUR awarded · 97,154 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 0 EUR | 46,000 EUR |
| 2024 | 1 | 0 EUR | 46,000 EUR |
| 2023 | 1 | 117,471 EUR | 0 EUR |
| 2022 | 1 | 5,154 EUR | 5,154 EUR |
Schemes
Ontwikkelingsproject
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Similar companies · same sector, comparable size
VersaSense
BE 0652.964.408
Leuven · Eq €84,262
B-Mai
BE 0747.779.829
Kortrijk · Eq €84,181
SettinX
BE 0548.865.986
Bilzen-Hoeselt · Eq €84,117
ISISMART
BE 0665.745.444
Rixensart · Eq €83,995
SOLISYS
BE 0886.218.130
Courcelles · Eq €84,848
Of 2,723 companies in sector 63100 we hold annual accounts for 1,270. 983 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
Founded16-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.