Result
From profit to loss in 2025, after a profit of €115,445 in 2024.
From profit to loss in 2025, after a profit of €115,445 in 2024.
The 2017 accounts came 24 days late. The other nine of the last ten were filed on time.
Higher solvency than 86% of companies in computer programming and consultancy. Sector median 39.3% · 1,691 companies.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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). It does better than 85% of them on solvency, 25% on liquidity, 5% on profitability and 19% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 4,805 companies had the same profile as SHARP BRAIN has now. Each dot stands for 13 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of SHARP BRAIN itself: 0.4% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,805 companies, not a prediction for SHARP BRAIN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 4.36 (7.06 in 2024), above the usual 1.5. Short-term debt is 22.9% and cash 6.2% of total assets. 22.9% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 28 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SHARP BRAIN Bertem | - | - | 77.1% | 1.8 |
| iFacto Food Solutions Kontich | €404,098 | 4.9% | 56.3% | 2 |
| eClinica Waterloo | - | - | 59.6% | 1.5 |
| Synaptis Kontich | €701,959 | 1.5% | -87.1% | 1.8 |
| SUPER-VISIONS Bruges | - | - | 25.8% | 1.6 |
| Peak Software Torhout | - | - | 77.1% | 1.4 |
| IXDATA SA Herstal | - | - | -12.9% | 1 |
These companies have the same main activity as SHARP BRAIN: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €150,000 and €264,000, founded between 2005 and 2016.
SHARP BRAIN has existed since 2011. The gross margin fell from €371,479 in 2024 to €138,561 in 2025.
Solvency rose in 2025 from 71.9% to 77.1% because of lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €310,000. Estimated: probably between €210,000 and €670,000.
Higher than 86% of 1,691 companies in 2025.
Higher than 86% of 1,658 companies in 2025.
Higher than 9% of 1,673 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half · Staff: bottom quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||
20/58 |
181,677 | 291,622 | 140,345 | 310,970 | 241,021 | 296,923 | 269,509 | 128,907 | 158,960 | 182,663 | 169,647 | 102,560 | 97,807 | 96,066 | |
29/58 |
181,677 | 291,622 | 140,345 | 310,970 | 241,021 | 296,923 | 269,509 | 128,907 | 158,960 | 182,663 | 169,647 | 102,560 | 97,807 | 96,066 | |
40/41 |
169,636 | 124,332 | 82,988 | 50,000 | - | 217,859 | 91,688 | 74,953 | 37,885 | 126,119 | 59,466 | 76,010 | 96,621 | 93,637 | |
40 |
169,400 | 123,750 | 82,300 | 50,000 | - | 217,800 | 91,137 | 53,392 | 32,252 | 126,119 | 59,396 | 70,132 | 96,621 | 93,625 | |
41 |
236 | 582 | 688 | - | - | 59 | 551 | 21,561 | 5,633 | - | 70 | 5,878 | - | 12 | |
54/58 |
11,273 | 166,522 | 56,587 | 259,815 | 239,866 | 77,908 | 176,663 | 53,955 | 121,075 | 56,545 | 110,180 | 26,550 | 1,187 | 2,430 | |
490/1 |
768 | 768 | 770 | 1,155 | 1,156 | 1,156 | 1,158 | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||
10/49 |
181,677 | 291,622 | 140,345 | 310,970 | 241,021 | 296,923 | 269,509 | 128,907 | 158,960 | 182,663 | 169,647 | 102,560 | 97,807 | 96,066 | |
10/15 |
140,053 | 209,729 | 94,283 | 17,799 | -105,624 | -78,718 | -71,153 | -47,938 | 146,289 | 146,806 | 123,104 | 92,772 | 85,000 | 83,705 | |
10/11 |
100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | |
10 |
100,000 | 100,000 | 100,000 | 100,000 | 100,000 | - | - | - | - | - | - | - | - | - | |
100 |
100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | |
13 |
109,729 | 109,729 | 2,702 | 2,702 | 2,702 | 2,702 | 2,702 | 2,702 | 46,289 | 46,806 | 23,104 | - | - | - | |
130/1 |
10,000 | 10,000 | 2,702 | 2,702 | 2,702 | 2,702 | - | - | - | - | - | - | - | - | |
130 |
10,000 | 10,000 | 2,702 | 2,702 | 2,702 | 2,702 | 2,702 | 2,702 | 2,702 | 2,702 | 1,517 | - | - | - | |
133 |
99,729 | 99,729 | - | - | - | - | - | - | 43,588 | 44,104 | 21,588 | - | - | - | |
14 |
-69,676 | - | -8,418 | -84,902 | -208,326 | -181,419 | -173,855 | -150,640 | - | - | - | -7,228 | -15,000 | -16,295 | |
17/49 |
41,624 | 81,893 | 46,061 | 293,171 | 346,646 | 375,640 | 340,662 | 176,845 | 12,670 | 35,857 | 46,543 | 9,788 | 12,807 | 12,361 | |
17 |
- | 40,000 | - | 242,000 | 300,000 | 300,000 | 300,000 | 150,000 | - | - | - | - | - | - | |
170/4 |
- | - | - | 242,000 | 300,000 | 300,000 | 300,000 | 150,000 | - | - | - | - | - | - | |
178/9 |
- | 40,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
41,624 | 41,288 | 46,061 | 47,670 | 43,144 | 72,139 | 35,641 | 26,435 | 12,670 | 35,857 | 46,543 | 9,788 | 12,807 | 12,361 | |
44 |
1,770 | 666 | 6,397 | 1,101 | 5,434 | 619 | - | 536 | 11,769 | 12,647 | 16,769 | 5,051 | 3,015 | 5,444 | |
440/4 |
1,770 | 666 | 6,397 | 1,101 | 5,434 | 619 | - | 536 | 11,769 | 12,647 | 16,769 | 5,051 | 3,015 | 5,444 | |
45 |
38,379 | 39,140 | 38,182 | 38,171 | 35,845 | 68,370 | 32,491 | 25,898 | 902 | 23,210 | 27,920 | 2,884 | 7,939 | 5,063 | |
450/3 |
10,254 | 10,002 | 8,961 | 11,406 | 11,118 | 44,377 | 8,349 | 5,907 | 902 | 22,308 | 27,920 | 2,884 | 7,939 | 5,063 | |
454/9 |
28,124 | 29,138 | 29,221 | 26,765 | 24,726 | 23,992 | 24,141 | 19,992 | - | 902 | - | - | - | - | |
47/48 |
1,475 | 1,482 | 1,482 | 8,398 | 1,865 | 3,150 | 3,150 | - | - | - | 1,854 | 1,854 | 1,854 | 1,854 | |
492/3 |
- | 605 | - | 3,501 | 3,501 | 3,501 | 5,022 | 411 | - | - | - | - | - | - | |
| Income statement | |||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 143,060 | |
76A |
- | - | - | - | - | - | - | - | - | - | - | 3,285 | - | - | |
9900 |
138,561 | 371,479 | 286,089 | 322,670 | 159,699 | 176,097 | 147,086 | -27,559 | 209,374 | 249,334 | 160,244 | 109,378 | 115,499 | 140,561 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 6,364 | |
62 |
207,432 | 209,369 | 205,463 | 190,302 | 176,956 | 174,000 | 161,499 | 165,965 | 208,475 | 210,990 | 115,066 | 104,155 | 113,690 | 146,925 | |
630 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 9,000 | |
640/8 |
574 | 635 | 956 | 730 | 583 | 540 | 677 | 418 | 416 | 527 | 475 | 475 | 348 | 827 | |
9901 |
-69,444 | 161,475 | 79,669 | 131,637 | -17,840 | 1,557 | -15,090 | -193,942 | 483 | 37,818 | 44,703 | 4,748 | 1,462 | -16,191 | |
75/76B |
- | - | - | - | - | - | - | 21 | - | - | 5 | 3 | 67 | 116 | |
75 |
- | - | - | - | - | - | - | 21 | - | - | 5 | 3 | 67 | 116 | |
65/66B |
232 | 693 | 3,185 | 8,214 | 9,067 | 9,122 | 8,143 | 183 | 98 | 339 | 433 | 263 | 224 | 202 | |
65 |
232 | 693 | 3,185 | 8,214 | 9,067 | 9,122 | 8,143 | 183 | 98 | 339 | 433 | 263 | 224 | 202 | |
9903 |
-69,676 | 160,782 | 76,484 | 123,423 | -26,906 | -7,565 | -23,233 | -194,104 | 385 | 37,479 | 44,275 | 7,773 | 1,305 | -16,278 | |
67/77 |
- | 45,337 | - | - | - | - | -18 | 123 | 902 | 13,778 | 13,943 | 1 | 11 | 17 | |
9904 |
-69,676 | 115,445 | 76,484 | 123,423 | -26,906 | -7,565 | -23,215 | -194,227 | -517 | 23,702 | 30,332 | 7,772 | 1,295 | -16,295 | |
9905 |
-69,676 | 115,445 | 76,484 | 123,423 | -26,906 | -7,565 | -23,215 | -194,227 | -517 | 23,702 | 30,332 | 7,772 | 1,295 | -16,295 | |
| Appropriation of the result | |||||||||||||||
9906 |
-69,676 | 107,027 | -8,418 | -84,902 | -208,326 | -181,419 | -173,855 | -194,227 | -517 | 23,702 | 23,104 | -7,228 | -15,000 | -16,295 | |
14P |
- | -8,418 | -84,902 | -208,326 | -181,419 | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | 43,588 | 517 | - | - | - | - | - | |
691/2 |
- | 107,027 | - | - | - | - | - | - | - | 23,702 | 23,104 | - | - | - | |
6920 |
- | 7,298 | - | - | - | - | - | - | - | 1,185 | 1,517 | - | - | - | |
6921 |
- | 99,729 | - | - | - | - | - | - | - | 22,517 | 21,588 | - | - | - | |
| Social balance sheet | |||||||||||||||
9087 |
1.8 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2.7 | 3 | 2 | 2 | 2 | 2 | |
Hours worked1013 |
3,139 | 3,352 | 3,296 | 3,472 | 3,520 | 3,462 | 3,504 | 3,464 | 4,607 | 5,332 | 3,536 | 3,496 | 3,500 | 4,451 | |
| Document | |||||||||||||||
Source: Annual accounts 2025 at the NBB, filed on 23-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 23-06-2026 | 2026-00207137 | |
| 31-12-2024 | abbreviated format | 30-06-2025 | 2025-00200222 | |
| 31-12-2023 | abbreviated format | 02-07-2024 | 2024-00216980 | |
| 31-12-2022 | abbreviated format | 28-07-2023 | 2023-00299624 | |
| 31-12-2021 | abbreviated format | 29-06-2022 | 2022-20122337 | |
| 31-12-2020 | abbreviated format | 30-06-2021 | 2021-29300110 | |
| 31-12-2019 | abbreviated format | 26-06-2020 | 2020-21300583 | |
| 31-12-2018 | abbreviated format | 13-06-2019 | 2019-18000522 | |
| 31-12-2017 | abbreviated format | 24-08-2018 | 2018-48800048 | |
| 31-12-2016 | abbreviated format | 05-04-2017 | 2017-08800532 | |
| 31-12-2015 | abbreviated format | 04-08-2016 | 2016-39600258 | |
| 31-12-2014 | abbreviated format | 29-07-2015 | 2015-35900548 | |
| 31-12-2013 | abbreviated format | 04-08-2014 | 2014-38400588 | |
| 31-12-2012 | abbreviated format | 23-08-2013 | 2013-46300115 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | - | - | - | - | - | -7,191 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | -7,295 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 9,000 | ||
| -155,249 | 109,935 | -203,228 | 19,949 | 161,958 | -98,755 | 122,708 | -67,120 | 64,530 | -53,636 | 83,630 | 25,364 | -1,243 | - | ||
| 140,053 | 250,334 | 94,283 | 263,301 | 197,877 | 224,784 | 233,869 | 102,473 | 146,289 | 146,806 | 123,104 | 92,772 | 85,000 | 83,705 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | -11.3% | ||
| 77.1% | 71.9% | 67.2% | 5.7% | -43.8% | -26.5% | -26.4% | -37.2% | 92.0% | 80.4% | 72.6% | 90.5% | 86.9% | 87.1% | ||
| 4.36 | 7.06 | 3.05 | 6.52 | 5.59 | 4.12 | 7.56 | 4.88 | 12.55 | 5.09 | 3.64 | 10.48 | 7.64 | 7.77 | ||
| 0.30 | 0.39 | 0.49 | 16.47 | - | - | - | - | 0.09 | 0.24 | 0.38 | 0.11 | 0.15 | 0.15 | ||
| -49.7% | 55.0% | 81.1% | 693.4% | - | - | - | - | -0.4% | 16.1% | 24.6% | 8.4% | 1.5% | -19.5% | ||
| -38.4% | 39.6% | 54.5% | 39.7% | -11.2% | -2.5% | -8.6% | -150.7% | -0.3% | 13.0% | 17.9% | 7.6% | 1.3% | -17.0% | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 239 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 312 days |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 2 | 2 | 2 | 2 | 2 |
| full-time | 1 | 2 | 2 | 2 | 2 |
| part-time | 1 | - | - | - | - |
| in full-time equivalents | 1.8 | 2 | 2 | 2 | 2 |
| 1.8 | 2 | 2 | 2 | 2 | |
| On a permanent contract | 2 | 2 | 2 | 2 | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
The operating result for 2025 is a loss of €69,444, after a profit of €161,475 in 2024. It is the lowest result since 2018.
Debt's share of the balance-sheet total falls from 28.1% to 22.9%. Equity and debt are lower.
SHARP BRAIN has no parent and no holdings in its annual accounts. Vanstraelen Maria is the only director. SHARP BRAIN shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 27 June 2011, SHARP BRAIN was incorporated.1 In 2024 the registered office moved to Bertem.2 Vanstraelen Maria has served as director since 2022.3 Total assets went from €128,907 in 2018 to €181,677 in 2025 and headcount from 2 to 1.8 full-time equivalents.4
1 of 2 establishments on the map
| Establishment | Since | Unit number |
|---|---|---|
| Tervuursesteenweg 159/0001 registered office 3060 Bertem | ||
| Tervuursesteenweg 161 3060 Bertem | 07-07-2011 | 2.200.733.723 |
| Place de la Libération 10 4430 Ans | 26-07-2011 | 2.200.734.713 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24009C0223/00L002 | 8,439 m² | 1 · 820 m² | 15.3 m |
| 24009C0223/00F002 | 527 m² | 1 · 183 m² | 12.2 m · 3 |
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