STYNEN CONSULTANCY
ActiveSummary
STYNEN CONSULTANCY has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.1m and a net result of -€15,163. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 33% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability35▼-43
Solvency70▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 3.61 against 3.9 in 2023; short-term debt: 8.2% and cash: 0.7% of total assets), but 55.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
44.7%
Return on assets
-0.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
14 d late
2022
32 d late
2021
5 d early
2020
38 d late
2019
118 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 38 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#1 company by equity in Huldenberg, Telecoms and IT sector#2 company by total assets in Huldenberg, Telecoms and IT sector#9 oldest company in Huldenberg, Telecoms and IT sector
Equity
€1.1m▼ 5.0%
2023 · €1.2m
Total assets
€2.5m▼ 6.5%
2023 · €2.7m
Net result
-€15,163
2023 · €188,718
Working capital
€533,190▼ 17.1%
2023 · €642,833
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€363,453▲ 16.5%€204,676▼ 43.7%€473,224▲ 131%€324,519▼ 31.4%€12,922▼ 96.0%
Net result€217,300above the sector's middle half▲ 15.3%€110,437above the sector's middle half▼ 49.2%€291,385above the sector's middle half▲ 164%€188,718above the sector's middle half▼ 35.2%-€15,163below the sector's middle half
Equity€702,148above the sector's middle half▲ 32.4%€757,586above the sector's middle half▲ 7.9%€992,970above the sector's middle half▲ 31.1%€1.2mabove the sector's middle half▲ 17.9%€1.1mabove the sector's middle half▼ 5.0%
Total assets€3.2mabove the sector's middle half▲ 4.9%€3.2mabove the sector's middle half▲ 0.1%€2.9mabove the sector's middle half▼ 7.9%€2.7mabove the sector's middle half▼ 8.5%€2.5mabove the sector's middle half▼ 6.5%
Debt€2.4m▼ 0.9%€2.3m▼ 2.2%€1.9m▼ 20.7%€1.4m▼ 22.8%€1.3m▼ 7.8%
Working capital€408,532above the sector's middle half▲ 39.9%€385,117above the sector's middle half▼ 5.7%€516,896above the sector's middle half▲ 34.2%€642,833above the sector's middle half▲ 24.4%€533,190above the sector's middle half▼ 17.1%
Solvency22.2%below the sector's middle half▲ 4.6pp24.0%below the sector's middle half▲ 1.7pp34.1%within the sector's middle half▲ 10.2pp44.0%within the sector's middle half▲ 9.9pp44.7%within the sector's middle half▲ 0.7pp
Current ratio2.20within the sector's middle half▲ 0.051.98within the sector's middle half▼ 0.212.50within the sector's middle half▲ 0.523.90within the sector's middle half▲ 1.393.61within the sector's middle half▼ 0.28
Return on assets (ROA)6.9%within the sector's middle half▲ 0.6pp3.5%below the sector's middle half▼ 3.4pp10.0%within the sector's middle half▲ 6.5pp7.1%within the sector's middle half▼ 2.9pp-0.6%below the sector's middle half▼ 7.7pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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
The operating result has fallen two years in a row; 2024 is 96% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.5m
Fixed assets
€1.8m ▼ 2.5%
Current assets
€737,115 ▼ 14.8%
Equity and liabilities €2.5m
Equity
€1.1m ▼ 5.0%
Provisions
€52,705 ▼ 3.1%
Debt
€1.3m ▼ 7.8%
Debt's share of the balance-sheet total falls from 54.0% to 53.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€61,996▼
2023 · €376,164
Cash flow
€33,911▼
2023 · €240,363
Debt to equity
1.19▼
2023 · 1.23
ROE
-1.4%▼
2023 · 16.1%
Interest coverage
2.08▼
2023 · 9.49
Debt ≤ 1 year
€203,925▼
2023 · €222,030
Debt > 1 year
€1.1m▼
2023 · €1.2m
Income taxes
-€4▼
2023 · €98,222
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,687 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
0.6%
went bankrupt
5.4%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 2,687 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | €54,316 | €136,753 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | - | €566 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63,114 | €64,953 | €66,353 | €51,645 | €49,074 | ▼ 5.0% |
| Other operating charges640/8 | - | €29,626 | €30,766 | €11,267 | €26,114 | ▲ 132% |
| Gross operating margin9900 | €433,636 | €299,821 | €570,343 | €387,431 | €88,110 | ▼ 77.3% |
| Operating profit (loss)9901 | €363,453 | €204,676 | €473,224 | €324,519 | €12,922 | ▼ 96.0% |
| Financial income75/76B | - | €4,368 | €0 | €367 | €2 | ▼ 99.5% |
| Recurring financial income75 | €2,677 | €4,368 | €0 | €367 | €2 | ▼ 99.5% |
| Financial charges65/66B | - | €45,841 | €40,973 | €39,645 | €29,790 | ▼ 24.9% |
| Recurring financial charges65 | €47,728 | €45,841 | €40,973 | €39,645 | €29,790 | ▼ 24.9% |
| Profit (loss) for the period before taxes9903 | €318,402 | €163,203 | €432,250 | €285,241 | -€16,866 | ▼ 106% |
| Transfer from deferred taxes780 | - | €1,699 | €1,699 | €1,699 | €1,699 | = |
| Income taxes67/77 | €102,800 | €54,465 | €142,564 | €98,222 | -€4 | ▼ 100% |
| Profit (loss) for the period9904 | €217,300 | €110,437 | €291,385 | €188,718 | -€15,163 | ▼ 108% |
| Transfer from tax-exempt reserves789 | - | €3,299 | €3,299 | €3,299 | €3,299 | = |
| Profit (loss) for the period to be appropriated9905 | €220,599 | €113,736 | €294,684 | €192,017 | -€11,864 | ▼ 106% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.2m | €3.2m | €2.9m | €2.7m | €2.5m | ▼ 6.5% |
| Fixed assets21/28 | €2.4m | €2.4m | €2.0m | €1.8m | €1.8m | ▼ 2.5% |
| Tangible fixed assets22/27 | €2.4m | €2.4m | €2.0m | €1.8m | €1.8m | ▼ 2.5% |
| Land and buildings22 | - | €2.4m | €2.0m | €1.8m | €1.7m | ▼ 2.4% |
| Plant, machinery and equipment23 | - | €2,160 | €1,080 | €0 | €3,839 | - |
| Furniture and vehicles24 | - | €32,232 | €23,893 | €15,554 | €9,896 | ▼ 36.4% |
| Current assets29/58 | €749,731 | €776,513 | €861,145 | €864,863 | €737,115 | ▼ 14.8% |
| Amounts receivable within one year40/41 | €78,230 | €110,128 | €33,275 | €4,955 | €53,735 | ▲ 984% |
| Trade receivables40 | - | €30,250 | €33,275 | €0 | €33,235 | - |
| Other amounts receivable41 | - | €79,878 | €0 | €4,955 | €20,500 | ▲ 314% |
| Current investments50/53 | €550,000 | €650,000 | €800,000 | €819,700 | €662,200 | ▼ 19.2% |
| Cash at bank and in hand54/58 | €118,083 | €12,423 | €23,655 | €37,578 | €18,490 | ▼ 50.8% |
| Deferred charges and accrued income490/1 | - | €3,963 | €4,216 | €2,630 | €2,690 | ▲ 2.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.2m | €3.2m | €2.9m | €2.7m | €2.5m | ▼ 6.5% |
| Equity10/15 | €702,148 | €757,586 | €992,970 | €1.2m | €1.1m | ▼ 5.0% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €552,411 | €607,112 | €841,813 | €1.0m | €1.0m | ▼ 0.3% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €112,252 | €108,953 | €105,653 | €102,354 | ▼ 3.1% |
| Distributable reserves133 | - | €493,000 | €731,000 | €912,000 | €912,000 | = |
| Profit (loss) carried forward14 | €143,538 | €144,274 | €144,958 | €145,474 | €89,635 | ▼ 38.4% |
| Provisions and deferred taxes16 | €59,500 | €57,801 | €56,102 | €54,403 | €52,705 | ▼ 3.1% |
| Deferred taxes168 | - | €57,801 | €56,102 | €54,403 | €52,705 | ▼ 3.1% |
| Amounts payable17/49 | €2.4m | €2.3m | €1.9m | €1.4m | €1.3m | ▼ 7.8% |
| Amounts payable after more than one year17 | €2.1m | €2.0m | €1.5m | €1.2m | €1.1m | ▼ 7.7% |
| Financial debts170/4 | - | €2.0m | €1.5m | €1.2m | €1.1m | ▼ 7.7% |
| Amounts payable within one year42/48 | €341,199 | €391,397 | €344,249 | €222,030 | €203,925 | ▼ 8.2% |
| Current portion of amounts payable after more than one year42 | - | €103,957 | €105,970 | €91,452 | €93,220 | ▲ 1.9% |
| Financial debts43 | - | €80,000 | €120,000 | €0 | - | - |
| Credit institutions430/8 | - | €80,000 | €120,000 | €0 | - | - |
| Trade debts44 | €25,421 | €34,274 | €27,161 | €52,772 | €15,537 | ▼ 70.6% |
| Suppliers440/4 | - | €34,274 | €27,161 | €52,772 | €15,537 | ▼ 70.6% |
| Taxes, remuneration and social security45 | - | €138,165 | €75,194 | €32,455 | €61,039 | ▲ 88.1% |
| Taxes450/3 | - | €135,921 | €72,375 | €30,134 | €61,039 | ▲ 103% |
| Remuneration and social security454/9 | - | €2,244 | €2,819 | €2,321 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €35,000 | €15,924 | €45,351 | €34,129 | ▼ 24.7% |
| Accrued charges and deferred income492/3 | - | €1,710 | €0 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €217,300 | €110,437 | €291,385 | €188,718 | -€15,163 | ▼ 108% |
| + Depreciation and write-downs630 | €63,114 | €64,953 | €66,353 | €51,645 | €49,074 | ▼ 5.0% |
| Operating cash flow (approximation) | €280,415 | €175,391 | €357,737 | €240,363 | €33,911 | ▼ 85.9% |
| Investment in fixed assets (approximation) | - | -€39,860 | €269,421 | €200,630 | -€4,660 | ▼ 102% |
| Change in cash | - | -€105,661 | €11,232 | €13,923 | -€19,087 | ▼ 237% |
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€15,163
Net result drops to -€15,163, the lowest in the series.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Equity above €1mEq €1.2m ▲17.9%
6 profitable years in a row build equity to €1.2m.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Highest result since 2018net €291,385 ▲164%
Operating result €473,224, net result €291,385, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 38 days late
09-07
State Gazette act
General meeting · Demerger
Capital increase · Name change · Matthieu DERYNCK
26-05
State Gazette act
Demerger · Corporate purpose
Capital · Capital increase
26-05
State Gazette act
Demerger · Capital
Capital decrease · Capital increase
26-05
State Gazette act
Demerger · Capital increase
Capital decrease · Accounting effect
Show earlier events
20-05
State Gazette act
Demerger · Corporate purpose
Capital · Capital increase
20-05
State Gazette act
Demerger · Capital
Capital increase · Capital decrease
20-05
State Gazette act
Demerger · Capital decrease
Capital increase · Share issue
20-05
State Gazette act
Demerger · Corporate purpose
Capital · Capital increase
20-05
State Gazette act
Demerger · Corporate purpose
Capital · Capital increase
20-05
State Gazette act
Demerger · Capital
Capital increase · Capital decrease
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
15-10
State Gazette act
General meeting · Director reappointment
Permanent representative · Board meeting
2019
31-12
Financial
Equity above €500,000Eq €530,348 ▲32%
2 profitable years in a row build equity to €530,348.
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 33 days late
02-04
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
29-05
State Gazette act
Demerger · Permanent representative
Capital · Capital decrease
29-05
State Gazette act
Merger · Capital
Capital increase · Capital decrease
29-05
State Gazette act
Demerger · Capital
Capital decrease · Capital increase
29-05
State Gazette act
Demerger · Capital
Capital decrease · Capital increase
29-05
State Gazette act
Demerger · Capital
Capital increase · Capital decrease
29-05
State Gazette act
Demerger · Capital
Capital increase · Capital decrease
29-05
State Gazette act
Demerger · Capital
Capital increase · Capital decrease
09-04
State Gazette act
General meeting · Director appointment
Permanent representative · Mandate compensation
2017
08-05
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
05-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
7 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, Huldenberg · 1 establishment unit since 2008
Ground area
1,552 m²
Building footprint
178 m²
Volume, LiDAR
851 m³
Parcel 24064A0180/00T000, Flanders · tallest building 13.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STYNEN CONSULTANCY
since 20082.174.478.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24064A0180/00T000 | Flanders | 1,552 m² | 1 · 178 m² | 13.7 m · 2 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
Connections & network
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Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
8 locations
3 locations
Recognitions · licences · registrations
Legal Entity Identifier
699400QZBH13OUQ6RO62
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Of 30,009 companies in sector 62200 we hold annual accounts for 18,399. 8,001 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
Founded12-11-2008
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
85599Other education
Contact
E-mail
andy.stynen@one-agency.beHuldenberg
Phone
0475/46 05 61Huldenberg
E-invoicing
Reachable via Peppol
Peppol ID
0208:0807694155
Also
9925:BE0807694155
Registered
02-09-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.