Summary
So be iT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €120,631 and a net result of €39,058. Equity is growing by ~51% per year across the filed fiscal years. Its solvency ranks better than 68% of 8102 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 13-07-2026, 18 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
18 d early
2024
45 d early
2023
33 d early
2022
20 d early
2021
37 d early
2020
24 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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 29 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€120,631▲ 10.4%
2024 · €109,309
Net result
€39,058▲ 5.8%
2024 · €36,903
Total assets
€168,741▲ 21.6%
2024 · €138,771
Solvency
71.5%▼ 7.3pp
2024 · 78.8%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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 64, Financial service activities, except insurance and pension funding, 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).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,965€42,135▲ 2,044%€41,993▼ 0.3%€53,703▲ 27.9%€56,409▲ 5.0%
Net result€681below the sector's middle half€28,737within the sector's middle half▲ 4,122%€29,012within the sector's middle half▲ 1.0%€36,903within the sector's middle half▲ 27.2%€39,058within the sector's middle half▲ 5.8%
Equity€15,657below the sector's middle half▲ 4.5%€43,394within the sector's middle half▲ 177%€72,406within the sector's middle half▲ 66.9%€109,309within the sector's middle half▲ 51.0%€120,631within the sector's middle half▲ 10.4%
Total assets€37,396below the sector's middle half▲ 9.2%€56,990below the sector's middle half▲ 52.4%€89,456below the sector's middle half▲ 57.0%€138,771within the sector's middle half▲ 55.1%€168,741within the sector's middle half▲ 21.6%
Debt€21,740▲ 12.7%€13,596▼ 37.5%€17,050▲ 25.4%€29,462▲ 72.8%€48,110▲ 63.3%
Working capital€11,425within the sector's middle half▲ 4.9%€40,583within the sector's middle half▲ 255%€70,706within the sector's middle half▲ 74.2%€106,701within the sector's middle half▲ 50.9%€109,401within the sector's middle half▲ 2.5%
Solvency41.9%within the sector's middle half▼ 1.8pp76.1%within the sector's middle half▲ 34.3pp80.9%above the sector's middle half▲ 4.8pp78.8%within the sector's middle half▼ 2.2pp71.5%within the sector's middle half▼ 7.3pp
Current ratio1.53within the sector's middle half▼ 0.043.98above the sector's middle half▲ 2.465.15above the sector's middle half▲ 1.164.62above the sector's middle half▼ 0.533.27within the sector's middle half▼ 1.35
Return on assets (ROA)1.8%within the sector's middle half▲ 19.3pp50.4%above the sector's middle half▲ 48.6pp32.4%above the sector's middle half▼ 18.0pp26.6%above the sector's middle half▼ 5.8pp23.1%within the sector's middle half▼ 3.4pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €168,741
Fixed assets
€11,230 ▲ 330%
Current assets
€157,511 ▲ 15.7%
Equity and liabilities €168,741
Equity
€120,631 ▲ 10.4%
Debt
€48,110 ▲ 63.3%
Debt's share of the balance-sheet total rises from 21.2% to 28.5%. Equity and debt are higher.
Key figures and ratios
ROE
32.4%▼
2024 · 33.8%
Debt ≤ 1 year
€48,110▲
2024 · €29,462
Income taxes
€16,977▲
2024 · €16,517
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,332 | €1,421 | €1,111 | €1,022 | €1,226 | ▲ 20.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€9,000 | €0 | - | - | - | - |
| Other operating charges640/8 | €9,901 | €692 | €800 | €1,122 | €1,210 | ▲ 7.9% |
| Non-recurring operating charges66A | - | - | - | €1,476 | €0 | ▼ 100% |
| Gross operating margin9900 | €4,198 | €44,248 | €43,904 | €57,323 | €58,845 | ▲ 2.7% |
| Operating profit (loss)9901 | €1,965 | €42,135 | €41,993 | €53,703 | €56,409 | ▲ 5.0% |
| Financial income75/76B | €54 | €35 | €11 | €24 | €17 | ▼ 28.4% |
| Recurring financial income75 | €54 | €35 | €11 | €24 | €17 | ▼ 28.4% |
| Financial charges65/66B | €65 | €507 | €291 | €306 | €391 | ▲ 27.5% |
| Recurring financial charges65 | €65 | €507 | €291 | €306 | €391 | ▲ 27.5% |
| Profit (loss) for the period before taxes9903 | €1,953 | €41,663 | €41,714 | €53,421 | €56,035 | ▲ 4.9% |
| Income taxes67/77 | €1,273 | €12,926 | €12,701 | €16,517 | €16,977 | ▲ 2.8% |
| Profit (loss) for the period9904 | €681 | €28,737 | €29,012 | €36,903 | €39,058 | ▲ 5.8% |
| Profit (loss) for the period to be appropriated9905 | €681 | €28,737 | €29,012 | €36,903 | €39,058 | ▲ 5.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,396 | €56,990 | €89,456 | €138,771 | €168,741 | ▲ 21.6% |
| Fixed assets21/28 | €4,232 | €2,811 | €1,700 | €2,609 | €11,230 | ▲ 330% |
| Intangible fixed assets21 | €2,564 | €1,868 | €1,172 | €476 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €1,409 | €683 | €268 | €1,872 | €10,970 | ▲ 486% |
| Plant, machinery and equipment23 | - | - | - | - | €9,483 | - |
| Furniture and vehicles24 | €1,409 | €683 | €268 | €1,872 | €1,486 | ▼ 20.6% |
| Financial fixed assets28 | €260 | €260 | €260 | €260 | €260 | = |
| Current assets29/58 | €33,164 | €54,179 | €87,756 | €136,162 | €157,511 | ▲ 15.7% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - |
| Stocks30/36 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €20,867 | €25,674 | €15,772 | €36,070 | €16,708 | ▼ 53.7% |
| Trade receivables40 | €20,784 | €23,595 | €15,600 | €35,360 | €16,000 | ▼ 54.8% |
| Other amounts receivable41 | €83 | €2,079 | €173 | €710 | €708 | ▼ 0.3% |
| Cash at bank and in hand54/58 | €10,250 | €26,011 | €69,505 | €98,439 | €138,369 | ▲ 40.6% |
| Deferred charges and accrued income490/1 | €2,047 | €2,494 | €2,479 | €1,653 | €2,435 | ▲ 47.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,396 | €56,990 | €89,456 | €138,771 | €168,741 | ▲ 21.6% |
| Equity10/15 | €15,657 | €43,394 | €72,406 | €109,309 | €120,631 | ▲ 10.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €9,457 | €37,194 | €66,206 | €103,109 | €114,431 | ▲ 11.0% |
| Distributable reserves133 | €9,457 | €37,194 | €66,206 | €103,109 | €114,431 | ▲ 11.0% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | €0 | - |
| Amounts payable17/49 | €21,740 | €13,596 | €17,050 | €29,462 | €48,110 | ▲ 63.3% |
| Amounts payable within one year42/48 | €21,740 | €13,596 | €17,050 | €29,462 | €48,110 | ▲ 63.3% |
| Financial debts43 | €183 | €2 | €383 | €939 | €909 | ▼ 3.2% |
| Credit institutions430/8 | €183 | €2 | €383 | €939 | €909 | ▼ 3.2% |
| Trade debts44 | €2,440 | €2,361 | €4,774 | €5,690 | €12,567 | ▲ 121% |
| Suppliers440/4 | €2,440 | €2,361 | €4,774 | €5,690 | €12,567 | ▲ 121% |
| Taxes, remuneration and social security45 | €9,163 | €11,158 | €9,658 | €17,658 | €2,958 | ▼ 83.3% |
| Taxes450/3 | €9,163 | €11,158 | €9,658 | €17,658 | €2,958 | ▼ 83.3% |
| Other amounts payable47/48 | €9,955 | €76 | €2,236 | €5,175 | €31,677 | ▲ 512% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €681 | €28,737 | €29,012 | €36,903 | €39,058 | ▲ 5.8% |
| + Depreciation and write-downs630 | €1,332 | €1,421 | €1,111 | €1,022 | €1,226 | ▲ 20.0% |
| Operating cash flow (approximation) | €2,012 | €30,158 | €30,124 | €37,925 | €40,285 | ▲ 6.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€1,931 | -€9,847 | ▼ 410% |
| Change in cash | - | €15,761 | €43,494 | €28,934 | €39,930 | ▲ 38.0% |
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
13-08
State Gazette act
Resignations & appointmentsPurpose change · Power of attorney5 facts ▸
State Gazette act
Resignations & appointments
Purpose change · Power of attorney5 facts ▸
- General meeting, 28-07-2026
- Purpose change
- Power of attorney
- Power of attorney, Acctive Zuid
- Power of attorney, Filip Van de Velde
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €39,058 ▲5.8%
Operating result €56,409, net result €39,058, both a record.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100,000Eq €109,309 ▲51%
4 profitable years in a row build equity to €109,309.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 3.98
Current ratio from 1.53 to 3.98; short-term debt falls from €21,740 to €13,596.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €681
Net result €681 after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€5,979
Net result drops to -€5,979, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2018
Ground area
142 m²
Building footprint
76 m²
Volume, LiDAR
727 m³
Parcel 11805E0491/00X000, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
So be iT
since 20182.275.655.632
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E0491/00X000 | Flanders | 142 m² | 1 · 76 m² | 15.4 m · 4 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.
Structure & network
Owners and holdings
1 holdingOwners 0
No owner stated in the accounts, acts or LEI register we read.
Holdings 1
- LERNER ENGINEERINGsubsidiary100%
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.
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Of 24,721 companies in this sector we hold annual accounts for 19,804. 12,790 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded26-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
47540Retail sale of electrical household appliances
63100Computing infrastructure, data processing, hosting and related activities
70200Business and other management consultancy
74120Graphic design and visual communication
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0695512962
Also
9925:BE0695512962
Registered
05-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.