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Ten Thousand Hours

Active
Private limited companyfounded 20233 yrs activeOude Houtmarktstraat 13, 8900 Ieper, BelgiumKBO/BCE: BE 0803.371.816
Summary

Ten Thousand Hours has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137,836 and a net result of €141,622. Equity is growing by ~37.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 18866 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

What they do
Computer consultancy and computer facilities management
NACE 62200IT consultancy NACE 62020
1 site
How big
€333,777total assets 2025
Equity
€137,836
Profit
€141,622
Turnover not published (abridged schema)
Financially healthy?
92 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Who decides
Accounts 121 d early0 of 1 deed read
Why 92- Founded in 2023+ Sector Computer programming, consultancy and related activities (NACE 62)+ Size: total assets €333,777+ Figures for FY 2025 (filed 03-04-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Better than 43% of its sector peers (NACE 62, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 66-34
equity 41.3% of total assets
Liquidity 33-46
short-term debt 58.7% · cash 10.9%
Profitability 100=
return on assets 42.4%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,484 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● 0.0% vs 11-2024lowest value 01-2025: 0.1%● 0.0% vs 12-2024lowest value 02-2025: 0.1%● 0.0% vs 01-2025lowest value 03-2025: 0.1%● 0.0% vs 02-2025lowest value 04-2025: 0.1%● 0.0% vs 03-2025lowest value 05-2025: 0.1%● 0.0% vs 04-2025lowest value 06-2025: 0.1%● 0.0% vs 05-2025lowest value 07-2025: 0.1%● 0.0% vs 06-2025lowest value 08-2025: 0.1%● 0.0% vs 07-2025lowest value 09-2025: 0.1%● 0.0% vs 08-2025lowest value 10-2025: 0.1%● 0.0% vs 09-2025lowest value 11-2025: 0.1%● 0.0% vs 10-2025lowest value 12-2025: 0.1%● 0.0% vs 11-2025lowest value 01-2026: 0.1%● 0.0% vs 12-2025lowest value 02-2026: 0.1%● 0.0% vs 01-2026lowest value 03-2026: 0.1%● 0.0% vs 02-2026lowest value 04-2026: 0.1%● 0.0% vs 03-2026lowest value 05-2026: 0.1%▲ +120% vs 04-2026 06-2026: 0.1%● 0.0% vs 05-2026 07-2026: 0.1%● 0.0% vs 06-2026 08-2026: 0.1%● 0.0% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%▲ +1.8% vs 09-2026highest value
  • Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
  • Founded in 2023 raises the probability for this profile
  • Size: total assets €333,777 lowers the probability for this profile
  • Figures for FY 2025 (filed 03-04-2026) lowers the probability
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 1.7 against 4.21 in 2024; short-term debt: 58.7% and cash: 10.9% of total assets), but 58.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 62, micro). Better than this share of them on solvency 36%, liquidity 13%, profitability 83%, growth against the median 41%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Sector Computer programming, consultancy and related activities (NACE 62)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Founded in 2023
In the bankruptcy model this factor raises the probability for this profile.
KBO
lowers risk · Size: total assets €333,777
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 03-04-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
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 01-04-2026, 121 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
121 d early
2024
31 d early
2023
54 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 69 days before 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 (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 8 June (3 of the last 3 filed years within 68 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Highest result since 2023net €141,622 ▲35.7%
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 5% on net resultsector median €28,485 · 18,873 companies €141,622 View
  • Total assets 20253 fiscal years filed €333,777 View
  • Active since 2023founded 29-06-2023 3 years View

By topic

Financials

Fiscal year
2025
Total assets
€333,777
Profit
€141,622
Solvency
41.3%
Total assets▲ 84.7%
Net result
20232025
Go to Financials

Timeline

Events
5
Since
2024
Next accounts
by 31-07-2027
  1. 01-04-2026Annual accounts filed
  2. 31-12-2025Highest result since 2023
  3. 30-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
29-06-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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