SmallSteps
ActiveSummary
SmallSteps has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175,692 and a net result of €57,732. Equity is growing by about 8.3% per year across the filed financial years. Its solvency ranks better than 54% of 21,070 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €175,692
- Profit
- €57,732
Why 96lowers riskLiquidity: current ratio 2.18, cash €174,612Size: total assets €277,301Sector: Computer programming, consultancy and related activities (NACE 62)Equity €175,692 (63.4% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 56% on solvency, 67% on liquidity, 59% on profitability and 79% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 57 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Equity above €150,000equity €175,692 ▲48.9%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 16% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 34,695 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €8,118 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,220 | €1,545 | €7,116 | €12,311 | €13,261 | €13,010 | €12,288 | €16,889 | ▲ 37.4% |
| Other operating charges640/8 | - | - | - | €2,417 | €2,325 | €2,020 | €242 | €590 | ▲ 144% |
| Non-recurring operating charges66A | - | - | - | - | -€161 | €0 | - | - | - |
| Gross operating margin9900 | €31,774 | €24,631 | €46,974 | -€18,170 | €21,978 | €71,105 | €108,584 | €97,735 | ▼ 10.0% |
| Operating profit (loss)9901 | -€14,433 | €22,217 | €37,889 | -€32,898 | €6,553 | €56,075 | €96,055 | €80,256 | ▼ 16.4% |
| Financial income75/76B | - | - | - | €103 | €5 | €3 | €82 | €75 | ▼ 8.0% |
| Recurring financial income75 | €139 | €2 | €0 | €103 | €5 | €3 | €82 | €75 | ▼ 8.0% |
| Financial charges65/66B | - | - | - | €437 | €304 | €580 | €380 | €399 | ▲ 5.1% |
| Recurring financial charges65 | €123 | €217 | €296 | €437 | €304 | €580 | €380 | €399 | ▲ 5.1% |
| Profit (loss) for the period before taxes9903 | -€14,416 | €22,002 | €37,593 | -€33,232 | €6,254 | €55,498 | €95,757 | €79,932 | ▼ 16.5% |
| Income taxes67/77 | €6,543 | €4,784 | €11,001 | €471 | €1,470 | €9,343 | €25,940 | €22,199 | ▼ 14.4% |
| Profit (loss) for the period9904 | -€20,959 | €17,218 | €26,593 | -€33,703 | €4,784 | €46,155 | €69,817 | €57,732 | ▼ 17.3% |
| Profit (loss) for the period to be appropriated9905 | -€20,959 | €17,218 | €26,593 | -€33,703 | €4,784 | €46,155 | €69,817 | €57,732 | ▼ 17.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €84,697 | €132,160 | €178,342 | €150,169 | €168,261 | €171,418 | €239,417 | €277,301 | ▲ 15.8% |
| Fixed assets21/28 | €1,585 | €1,545 | €51,406 | €45,169 | €30,948 | €18,405 | €69,867 | €55,320 | ▼ 20.8% |
| Tangible fixed assets22/27 | €1,585 | €1,545 | €51,406 | €45,169 | €30,948 | €18,405 | €69,867 | €55,320 | ▼ 20.8% |
| Plant, machinery and equipment23 | - | - | - | €6,580 | €3,315 | €1,730 | €7,455 | €7,518 | ▲ 0.8% |
| Furniture and vehicles24 | - | - | - | €38,589 | €27,632 | €16,675 | €62,412 | €47,802 | ▼ 23.4% |
| Current assets29/58 | €83,112 | €130,615 | €126,936 | €105,000 | €137,314 | €153,012 | €169,551 | €221,981 | ▲ 30.9% |
| Amounts receivable within one year40/41 | €31,512 | €60,976 | €43,659 | €3,761 | €25,202 | €23,802 | €28,852 | €28,340 | ▼ 1.8% |
| Trade receivables40 | - | - | - | €1,482 | €22,627 | €20,570 | €21,538 | €21,538 | = |
| Other amounts receivable41 | - | - | - | €2,279 | €2,575 | €3,232 | €7,314 | €6,802 | ▼ 7.0% |
| Cash at bank and in hand54/58 | €50,612 | €68,136 | €80,252 | €94,866 | €94,154 | €112,663 | €124,035 | €174,612 | ▲ 40.8% |
| Deferred charges and accrued income490/1 | - | - | - | €6,372 | €17,958 | €16,547 | €16,664 | €19,029 | ▲ 14.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €84,697 | €132,160 | €178,342 | €150,169 | €168,261 | €171,418 | €239,417 | €277,301 | ▲ 15.8% |
| Equity10/15 | €73,382 | €90,600 | €117,193 | €83,490 | €8,274 | €48,143 | €117,960 | €175,692 | ▲ 48.9% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €88,141 | €88,141 | €110,993 | €110,993 | €30,993 | €41,943 | €111,760 | €169,492 | ▲ 51.7% |
| Non-distributable reserves130/1 | - | - | - | €1,855 | €1,855 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,855 | €1,855 | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €109,138 | €29,138 | €41,943 | €111,760 | €169,492 | ▲ 51.7% |
| Profit (loss) carried forward14 | -€20,959 | -€3,741 | €0 | -€33,703 | -€28,919 | €0 | €0 | - | - |
| Amounts payable17/49 | €11,315 | €41,560 | €61,149 | €66,678 | €159,987 | €123,275 | €121,458 | €101,609 | ▼ 16.3% |
| Amounts payable within one year42/48 | €3,801 | €23,802 | €40,163 | €62,662 | €137,936 | €104,363 | €121,237 | €101,609 | ▼ 16.2% |
| Trade debts44 | €1,162 | €2,021 | €298 | €11,096 | €899 | €2,521 | €1,040 | €4,672 | ▲ 349% |
| Suppliers440/4 | - | - | - | €11,096 | €899 | €2,521 | €1,040 | €4,672 | ▲ 349% |
| Taxes, remuneration and social security45 | - | - | - | €9,814 | €15,151 | €7,145 | €8,472 | €8,902 | ▲ 5.1% |
| Taxes450/3 | - | - | - | €9,814 | €15,151 | €7,145 | €8,472 | €8,902 | ▲ 5.1% |
| Other amounts payable47/48 | - | - | - | €41,752 | €121,885 | €94,697 | €111,725 | €88,034 | ▼ 21.2% |
| Accrued charges and deferred income492/3 | - | - | - | €4,016 | €22,051 | €18,913 | €221 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,959 | €17,218 | €26,593 | -€33,703 | €4,784 | €46,155 | €69,817 | €57,732 | ▼ 17.3% |
| + Depreciation and write-downs630 | €1,220 | €1,545 | €7,116 | €12,311 | €13,261 | €13,010 | €12,288 | €16,889 | ▲ 37.4% |
| Operating cash flow (approximation) | -€19,739 | €18,763 | €33,709 | -€21,392 | €18,044 | €59,165 | €82,105 | €74,621 | ▼ 9.1% |
| Investment in fixed assets (approximation) | - | -€1,505 | -€56,977 | -€6,074 | €961 | -€468 | -€63,749 | -€2,342 | ▲ 96.3% |
| Change in cash | - | €17,524 | €12,116 | €14,614 | -€712 | €18,509 | €11,372 | €50,577 | ▲ 345% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 29-04-2026 | 2026-00093621 |
| 31-12-2024 | micro format | 20-05-2025 | 2025-00099568 |
| 31-12-2023 | micro format | 29-04-2024 | 2024-00073534 |
| 31-12-2022 | micro format | 22-06-2023 | 2023-00148793 |
| 31-12-2021 | micro format | 04-07-2022 | 2022-20127267 |
| 31-12-2020 | micro format | 14-06-2021 | 2021-19500521 |
| 31-12-2019 | micro format | 01-07-2020 | 2020-24100117 |
| 31-12-2018 | micro format | 25-06-2019 | 2019-22100528 |
| 31-12-2017 | micro format | 06-07-2018 | 2018-30200328 |
| 31-12-2016 | micro format | 13-06-2017 | 2017-16900570 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- 28-11-2023 Capital stated in the deed · 100 shares
Group and network
Connections & network
No directors read yet: 1 of 2 Gazette acts processed.
History
Acts, filings and financial milestones
28-11
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsCapital conversion · Reserve release · Capital7 facts ▸
- General meeting, 14-11-2023
- Amendment of the articles (2 times)
- Capital conversion, “unanimiteit van de stemmen, Tweede beslissing” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening en beschikbaar maken voor uitkering, unanimiteit van de stemmen” (deed in Dutch)
- Capital
- Other provision, “BV niet langer bestuurd door zaakvoerders maar door bestuurders krachtens WVV, bevestiging omvorming mandaat zaakvoerders naar bestuurders” (deed in Dutch)
- Registered office clause, “adres niet meer in statuten vermeld,bevestigd, unanimiteit” (deed in Dutch)
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23643G0460/00X000 | Flanders | 290 m² | 1 · 172 m² | 17.7 m · 4 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Computerprogrammering,installatie van allerlei informatiesystemen,en de uitvoering van werken op computer; Programmering van elektronische…” (deed in Dutch)
7 activities (deed in Dutch)
- Computerprogrammering,installatie van allerlei informatiesystemen,en de uitvoering van werken op computer
- Programmering van elektronische dataverwerking
- De levering van hard-en software van computers
- De aan-en verkoop,de huur en verhuur van alle apparatuur voor het verwerken van gegevens,van alle hard-en softwareproducten en van alle soorten computers en computerapparatuur en alle aanverwante producten
- Consultancy en projectbegeleiding bij de implementering van informatiesystemen
- Het geven van adviezen,het maken van studies,het voorbereiden en op gang brengen van organisatiesystemen,het in toepassing brengen van systemen voor gegevensverwerking en alle technieken in verband met technische administratief economisch en algemeen beheer van ondernemingen
- Het inrichten,organiseren en geven van allerhande opleidingen en trainingen bij middel van alle mogelijke voordrachten,cursussen,seminaries,workshops,ontwikkelingsactiviteiten en publicaties,dit alles in het algemeen en in het bijzonder in het kader van de activiteiten die verband houden met het voorwerp
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SmallSteps
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Voor zover geen wijziging van toepasselijk taalregime, België of buitenland” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Benoeming/beëindiging via neerlegging vennootschapsdossier en publicatie Bijlagen Belgisch Staatsblad, door kennisgeving aan…” (deed in Dutch)“Bezoldigd of kosteloze titel, algemene vergadering” (deed in Dutch)“Kan dagelijks bestuur niet opdragen aan andere personen, bestuursorgaan” (deed in Dutch)1 more provision on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed