Still Different
ActiveSummary
Still Different has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €78k and a net result of €36k. Equity is growing by ~56.6% per year across the filed fiscal years. Its solvency ranks better than 50% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+23
Solvency88▲+16
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity ample (current ratio 2.62 against 1.79 in 2023; short-term debt: 37.1% and cash: 14.8% of total assets), and 37.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-12-2025, 134 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
134 d late
2023
533 d late
2022
899 d late
2021
240 d late
2020
80 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€78k▲ 87.2%
2023 · €42k
Total assets
€124k▲ 39.5%
2023 · €89k
Net result
€36k▲ 170%
2023 · €13k
Working capital
€75k▲ 99.4%
2023 · €37k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€33k-€-15k€31k€26k▼ 17.5%€58k▲ 125%
Net result€22k-€-18k€23k€13k▼ 41.6%€36k▲ 170%
Equity€23k-€5k▼ 77.6%€28k▲ 444%€42k▲ 47.7%€78k▲ 87.2%
Total assets€67k-€57k▼ 15.1%€89k▲ 56.3%€89k▲ 0.4%€124k▲ 39.5%
Debt€44k-€51k▲ 18.1%€60k▲ 17.2%€47k▼ 21.7%€46k▼ 2.6%
Working capital€23k-€3k▼ 88.2%€25k▲ 841%€37k▲ 47.8%€75k▲ 99.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 125% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €124k
Fixed assets
€3k ▼ 21.7%
Current assets
€121k ▲ 42.5%
Equity and liabilities €124k
Equity
€78k ▲ 87.2%
Debt
€46k ▼ 2.6%
Debt's share of the balance-sheet total falls from 53.2% to 37.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▲
2023 · €27k
Cash flow
€38k▲
2023 · €15k
Current ratio
2.62▲
2023 · 1.79
Debt to equity
0.59▼
2023 · 1.14
ROE
46.6%▲
2023 · 32.3%
ROA
29.3%▲
2023 · 15.1%
Interest coverage
27.91▲
2023 · 4.75
Debt ≤ 1 year
€46k▼
2023 · €47k
Income taxes
€20k▲
2023 · €7k
Staff costs
€290▲
2023 · €64
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €567 | - | €64 | €290 | ▲ 356% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €84 | €1k | €1k | €2k | €2k | ▼ 13.1% |
| Other operating charges640/8 | - | €302 | €706 | €460 | €1k | ▲ 159% |
| Gross operating margin9900 | €33k | €-13k | €33k | €28k | €61k | ▲ 118% |
| Operating profit (loss)9901 | €33k | €-15k | €31k | €26k | €58k | ▲ 125% |
| Financial income75/76B | - | €10 | €161 | €708 | €1k | ▲ 45.8% |
| Recurring financial income75 | €5 | €10 | €161 | €708 | €1k | ▲ 45.8% |
| Financial charges65/66B | - | €2k | €4k | €6k | €2k | ▼ 63.2% |
| Recurring financial charges65 | €2k | €2k | €4k | €6k | €2k | ▼ 63.2% |
| Profit (loss) for the period before taxes9903 | €31k | €-17k | €27k | €20k | €56k | ▲ 176% |
| Income taxes67/77 | €9k | €577 | €4k | €7k | €20k | ▲ 186% |
| Profit (loss) for the period9904 | €22k | €-18k | €23k | €13k | €36k | ▲ 170% |
| Profit (loss) for the period to be appropriated9905 | €22k | €-18k | €23k | €13k | €36k | ▲ 170% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67k | €57k | €89k | €89k | €124k | ▲ 39.5% |
| Fixed assets21/28 | €4k | €4k | €3k | €4k | €3k | ▼ 21.7% |
| Tangible fixed assets22/27 | €4k | €4k | €3k | €4k | €3k | ▼ 21.7% |
| Plant, machinery and equipment23 | - | €284 | €224 | €2k | €2k | ▼ 24.9% |
| Furniture and vehicles24 | - | €4k | €3k | €2k | €1k | ▼ 17.6% |
| Current assets29/58 | €63k | €53k | €86k | €85k | €121k | ▲ 42.5% |
| Stocks and contracts in progress3 | €21k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €29k | €41k | €84k | €82k | €102k | ▲ 24.2% |
| Trade receivables40 | - | €37k | €72k | €66k | €84k | ▲ 28.1% |
| Other amounts receivable41 | - | €4k | €11k | €16k | €18k | ▲ 8.9% |
| Cash at bank and in hand54/58 | €11k | €4k | €2k | €2k | €18k | ▲ 769% |
| Deferred charges and accrued income490/1 | - | €7k | - | €180 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67k | €57k | €89k | €89k | €124k | ▲ 39.5% |
| Equity10/15 | €23k | €5k | €28k | €42k | €78k | ▲ 87.2% |
| Contributions10/11 | - | €1k | €1k | €1k | €1k | = |
| Reserves13 | €22k | €22k | €27k | €40k | €77k | ▲ 89.8% |
| Distributable reserves133 | - | €22k | €27k | €40k | €77k | ▲ 89.8% |
| Profit (loss) carried forward14 | - | €-18k | - | - | - | - |
| Amounts payable17/49 | €44k | €51k | €60k | €47k | €46k | ▼ 2.6% |
| Amounts payable after more than one year17 | €3k | €2k | - | - | - | - |
| Financial debts170/4 | - | €2k | - | - | - | - |
| Amounts payable within one year42/48 | €40k | €50k | €60k | €47k | €46k | ▼ 2.6% |
| Current portion of amounts payable after more than one year42 | - | €2k | €2k | - | - | - |
| Financial debts43 | - | - | €42k | €15k | - | - |
| Credit institutions430/8 | - | - | €42k | €15k | - | - |
| Trade debts44 | €11k | €8k | €1k | €10k | €13k | ▲ 31.9% |
| Suppliers440/4 | - | €8k | €1k | €10k | €13k | ▲ 31.9% |
| Taxes, remuneration and social security45 | - | €33k | €9k | €17k | €28k | ▲ 59.8% |
| Taxes450/3 | - | €33k | €9k | €17k | €28k | ▲ 59.8% |
| Other amounts payable47/48 | - | €7k | €7k | €5k | €5k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €-18k | €23k | €13k | €36k | ▲ 170% |
| + Depreciation and write-downs630 | €84 | €1k | €1k | €2k | €2k | ▼ 13.1% |
| Operating cash flow (approximation) | €22k | €-17k | €24k | €15k | €38k | ▲ 149% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | €-3k | €-644 | ▲ 79.3% |
| Change in cash | - | €-7k | €-2k | €0 | €16k | - |
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
2026
15-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 533 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 899 days late
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 134 days late
2024
31-12
Financial
Highest result since 2020net €36k ▲170%
Operating result €58k, net result €36k, both a record.
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 240 days late
2022
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
2021
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 80 days late
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.
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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, Mortsel · 1 establishment unit since 2019
Ground area
174 m²
Building footprint
88 m²
Volume, LiDAR
597 m³
Parcel 11513C0246/00N002, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MadMacX
since 20192.295.176.089
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0246/00N002 | Flanders | 174 m² | 1 · 88 m² | 9.3 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.
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,742. 1,397 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
Founded18-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.