SOURCE-E
SOURCE-E has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €387k and a net result of €82k. Equity is growing by ~40.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 16619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €387k |
| Net result | €82k |
| Better than sector | 44% |
| Active | 16 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 53.8% | 60.0% | |
| Net result | €82k | €29k | |
| Equity | €387k | €72k | |
| Gross operating margin | €81k | €55k | |
| Total assets | €719k | €141k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €78k | €81k | €77k | €74k | €53k |
| Net profit | €82k | €133k | €37k | €34k | €24k |
| Cash flow | €105k | €155k | €57k | €54k | €37k |
| Staff costs | - | - | - | - | - |
| Income taxes | €18k | €23k | €17k | €13k | €10k |
| Dividends | - | - | - | - | - |
| Total assets | €719k | €691k | €569k | €557k | €556k |
| Equity | €387k | €305k | €172k | €135k | €102k |
| Debt | €333k | €386k | €397k | €422k | €454k |
| of which ≤ 1y | €52k | €85k | €72k | €48k | €80k |
| of which > 1y | €281k | €301k | €325k | €374k | €374k |
| Working capital | €194k | €162k | €52k | €44k | €-10k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 4.77 | 2.91 | 1.73 | 1.91 | 0.88 |
| Quick ratio | 4.77 | 2.91 | 1.73 | 1.91 | 0.88 |
| Working capital ratio | 27.0% | 23.5% | 9.2% | 7.9% | -1.8% |
| Solvency | 53.8% | 44.1% | 30.2% | 24.2% | 18.3% |
| Debt / equity | 0.86 | 1.27 | 2.31 | 3.13 | 4.47 |
| Long-term debt ratio | 0.73 | 0.99 | 1.89 | 2.77 | 3.68 |
| Interest coverage | 15.49 | 44.31 | 33.53 | 11.76 | 10.27 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 11.4% | 19.3% | 6.5% | 6.0% | 4.3% |
| ROE | 21.1% | 43.7% | 21.4% | 24.8% | 23.3% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €719k | €691k | €569k | €557k | €556k |
| Fixed assets | 21/28 | €473k | €444k | €445k | €464k | €485k |
| Tangible fixed assets | 22/27 | €143k | €113k | €114k | €135k | €155k |
| Financial fixed assets | 28 | €331k | €331k | €331k | €330k | €330k |
| Current assets | 29/58 | €246k | €248k | €124k | €93k | €71k |
| Amounts receivable within one year | 40/41 | €26k | €30k | €33k | €30k | €18k |
| Cash & bank | 54/58 | €70k | €189k | €64k | €36k | €25k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €719k | €691k | €569k | €557k | €556k |
| Equity | 10/15 | €387k | €305k | €172k | €135k | €102k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €337k | €255k | €122k | €85k | €52k |
| Accumulated profits (losses) | 14 | €44k | €44k | €44k | €44k | €44k |
| Amounts payable | 17/49 | €333k | €386k | €397k | €422k | €454k |
| Amounts payable after one year | 17 | €281k | €301k | €325k | €374k | €374k |
| Amounts payable within one year | 42/48 | €52k | €85k | €72k | €48k | €80k |
| Trade debts payable within one year | 44 | €6k | €17k | €13k | €12k | €9k |
| Income statement | ||||||
| Gross operating margin | 9900 | €81k | €82k | €77k | €74k | €64k |
| Operating result | 9901 | €55k | €59k | €56k | €53k | €39k |
| Financial income | 75 | €50k | €98k | €84 | - | - |
| Financial charges | 65 | €5k | €2k | €2k | €6k | €5k |
| Result before taxes | 9903 | €100k | €156k | €54k | €47k | €34k |
| Income taxes | 67/77 | €18k | €23k | €17k | €13k | €10k |
| Net result for the period | 9904 | €82k | €133k | €37k | €34k | €24k |
| Result to be appropriated | 9905 | €82k | €133k | €37k | €34k | €24k |
-
ROKERS PieterDirectorState Gazette act 23435820 (24-11-2023)Current24-11-2023 → present
-
DERUWE Maarten Karel JoséeDirectorState Gazette act 23435820 (24-11-2023)Current01-01-2020 → present
| NACE primary | Computer consultancy and computer facilities management(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 14-07-2010 |
| Status | Active |
| Postal code | 9940 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43006A0442/00M000 | Flanders | 986 m² | 1 · 124 m² | 9.8 m · 2 fl. |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
16-12-2024 Registered office moved from Blankenberge to Ertvelde
- de Limburg Stirumstraat 24 bus 5, 8370 Blankenberge → Zwaluwstraat 9, 9940 Ertvelde
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Zwaluwstraat 9, 9940 Ertvelde",
"city": "Ertvelde",
"region": "vlaams_gewest",
"street": "Zwaluwstraat",
"country": "BE",
"postcode": "9940",
"box_number": null,
"street_number": "9",
"locality_suffix": null
},
"old_address": {
"raw": "de Limburg Stirumstraat 24 bus 5, 8370 Blankenberge",
"city": "Blankenberge",
"region": "vlaams_gewest",
"street": "Stirumstraat",
"country": "BE",
"postcode": "8370",
"box_number": "5",
"street_number": "24",
"locality_suffix": null
},
"effective_date": "2024-10-15",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-12-16",
"filing_date": null,
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2024-10-15",
"unanimous": null
},
"subject_company": {
"kbo": "0827.805.819",
"name_full": "SOURCE-E",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Maarten Deruwe",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}24-11-2023 2 directors appointed
- DERUWE Maarten Karel Josée, Bestuurder
- ROKERS Pieter, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "DERUWE Maarten Karel Jos\u00E9e",
"address": "8370 Blankenberge, de Limburg Stirumstraat 24, bus 5",
"birth_date": "1982-08-20",
"profession": null,
"birth_place": "Brasschaat"
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": "2020-01-01",
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "ROKERS Pieter",
"address": "8370 Blankenberge, de Limburg Stirumstraat 24, bus 5",
"birth_date": "1985-05-27",
"profession": null,
"birth_place": "Schoten"
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": "Gert Siffert",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-11-24",
"filing_date": "2023-11-22",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-10-25",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0827.805.819",
"name_full": "SOURCE-E",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "BOEKHOUDKANTOOR HEBRO",
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"uitgifte",
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | SOURCE-E |