TINY BUGS
ActiveSummary
TINY BUGS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €125,187 and a net result of €33,801. Equity is growing by ~39.8% per year across the filed fiscal years. Its solvency ranks better than 39% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability86▲+4
Solvency76▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.71 in 2023; short-term debt: 46.8% and cash: 80.1% of total assets), and 48.8% 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○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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
1 d early
2022
28 d late
2021
75 d late
2020
18 d late
2019
2 d early
← 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 24 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
Go further with this company
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Financials · fiscal year 2024, micro schema
In the rankings
#9 company by equity in Jemeppe-sur-Sambre, Telecoms and IT sector#9 oldest company in Jemeppe-sur-Sambre, Telecoms and IT sector#10 company by total assets in Jemeppe-sur-Sambre, Telecoms and IT sector
Equity
€125,187▲ 37.0%
2023 · €91,386
Total assets
€244,471▲ 13.6%
2023 · €215,113
Net result
€33,801▲ 49.7%
2023 · €22,582
Working capital
€125,651▲ 46.0%
2023 · €86,058
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€19,271€27,350▲ 41.9%€35,804▲ 30.9%€36,437▲ 1.8%€55,165▲ 51.4%
Net result€12,690within the sector's middle half€19,779within the sector's middle half▲ 55.9%€22,078within the sector's middle half▲ 11.6%€22,582within the sector's middle half▲ 2.3%€33,801within the sector's middle half▲ 49.7%
Equity€26,947within the sector's middle half▲ 89.0%€46,726within the sector's middle half▲ 73.4%€68,804within the sector's middle half▲ 47.2%€91,386within the sector's middle half▲ 32.8%€125,187within the sector's middle half▲ 37.0%
Total assets€109,900within the sector's middle half▲ 40.1%€121,269within the sector's middle half▲ 10.3%€169,737within the sector's middle half▲ 40.0%€215,113within the sector's middle half▲ 26.7%€244,471within the sector's middle half▲ 13.6%
Debt€82,953▲ 29.3%€74,543▼ 10.1%€100,933▲ 35.4%€123,726▲ 22.6%€119,284▼ 3.6%
Working capital€42,734▲ 111%€64,419▲ 50.7%€68,547▲ 6.4%€86,058▲ 25.5%€125,651▲ 46.0%
Solvency24.5%below the sector's middle half▲ 6.3pp38.5%within the sector's middle half▲ 14.0pp40.5%within the sector's middle half▲ 2.0pp42.5%within the sector's middle half▲ 1.9pp51.2%within the sector's middle half▲ 8.7pp
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 risen four years in a row; 2024 is 51% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €244,471
Fixed assets
€4,436 ▼ 38.2%
Current assets
€240,036 ▲ 15.4%
Equity and liabilities €244,471
Equity
€125,187 ▲ 37.0%
Debt
€119,284 ▼ 3.6%
Debt's share of the balance-sheet total falls from 57.5% to 48.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€57,908▲
2023 · €38,556
Cash flow
€36,544▲
2023 · €24,701
Current ratio
2.10▲
2023 · 1.71
Debt to equity
0.95▼
2023 · 1.35
ROE
27.0%▲
2023 · 24.7%
ROA
13.8%▲
2023 · 10.5%
Interest coverage
7.31▼
2023 · 13.00
Debt ≤ 1 year
€114,384▼
2023 · €121,876
Income taxes
€14,435▲
2023 · €11,012
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 34,672 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,520 | €5,704 | €1,707 | €2,118 | €2,743 | ▲ 29.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €5,400 | -€5,400 | ▼ 200% |
| Other operating charges640/8 | - | €2,417 | €1,702 | €1,265 | €664 | ▼ 47.5% |
| Gross operating margin9900 | €30,954 | €35,471 | €39,213 | €45,221 | €53,172 | ▲ 17.6% |
| Operating profit (loss)9901 | €19,271 | €27,350 | €35,804 | €36,437 | €55,165 | ▲ 51.4% |
| Financial income75/76B | - | - | €2 | €122 | €994 | ▲ 717% |
| Recurring financial income75 | - | - | €2 | €122 | €994 | ▲ 717% |
| Financial charges65/66B | - | €1,105 | €2,967 | €2,965 | €7,924 | ▲ 167% |
| Recurring financial charges65 | €649 | €1,105 | €2,967 | €2,965 | €7,924 | ▲ 167% |
| Profit (loss) for the period before taxes9903 | €18,621 | €26,245 | €32,839 | €33,594 | €48,236 | ▲ 43.6% |
| Income taxes67/77 | €5,932 | €6,466 | €10,761 | €11,012 | €14,435 | ▲ 31.1% |
| Profit (loss) for the period9904 | €12,690 | €19,779 | €22,078 | €22,582 | €33,801 | ▲ 49.7% |
| Profit (loss) for the period to be appropriated9905 | €12,690 | €19,779 | €22,078 | €22,582 | €33,801 | ▲ 49.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €109,900 | €121,269 | €169,737 | €215,113 | €244,471 | ▲ 13.6% |
| Fixed assets21/28 | €6,310 | €3,764 | €2,057 | €7,179 | €4,436 | ▼ 38.2% |
| Tangible fixed assets22/27 | €6,310 | €3,764 | €2,057 | €7,179 | €4,436 | ▼ 38.2% |
| Furniture and vehicles24 | - | €3,764 | €2,057 | €7,179 | €4,436 | ▼ 38.2% |
| Current assets29/58 | €103,590 | €117,505 | €167,680 | €207,934 | €240,036 | ▲ 15.4% |
| Amounts receivable within one year40/41 | €37,553 | €19,753 | €8,377 | €1,134 | €42,161 | ▲ 3,618% |
| Trade receivables40 | - | €18,934 | €8,377 | €1,134 | €42,161 | ▲ 3,618% |
| Other amounts receivable41 | - | €819 | - | - | - | - |
| Cash at bank and in hand54/58 | €63,475 | €96,183 | €157,437 | €204,899 | €195,915 | ▼ 4.4% |
| Deferred charges and accrued income490/1 | - | €1,569 | €1,867 | €1,901 | €1,960 | ▲ 3.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €109,900 | €121,269 | €169,737 | €215,113 | €244,471 | ▲ 13.6% |
| Equity10/15 | €26,947 | €46,726 | €68,804 | €91,386 | €125,187 | ▲ 37.0% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €10,866 | €30,866 | €55,000 | €77,500 | €111,300 | ▲ 43.6% |
| Non-distributable reserves130/1 | - | €866 | - | - | - | - |
| Reserves not available under the articles1311 | - | €866 | - | - | - | - |
| Distributable reserves133 | - | €30,000 | €55,000 | €77,500 | €111,300 | ▲ 43.6% |
| Profit (loss) carried forward14 | €3,681 | €3,460 | €1,404 | €1,486 | €1,487 | ▲ 0.1% |
| Amounts payable17/49 | €82,953 | €74,543 | €100,933 | €123,726 | €119,284 | ▼ 3.6% |
| Amounts payable within one year42/48 | €60,856 | €53,086 | €99,133 | €121,876 | €114,384 | ▼ 6.1% |
| Trade debts44 | €8,348 | €8,419 | €2,348 | €3,925 | €10,562 | ▲ 169% |
| Suppliers440/4 | - | €8,419 | €2,348 | €3,925 | €10,562 | ▲ 169% |
| Taxes, remuneration and social security45 | - | €20,908 | €36,174 | €38,429 | €28,885 | ▼ 24.8% |
| Taxes450/3 | - | €18,408 | €33,674 | €35,929 | €28,885 | ▼ 19.6% |
| Remuneration and social security454/9 | - | €2,500 | €2,500 | €2,500 | - | - |
| Other amounts payable47/48 | - | €23,760 | €60,610 | €79,522 | €74,937 | ▼ 5.8% |
| Accrued charges and deferred income492/3 | - | €21,457 | €1,800 | €1,850 | €4,900 | ▲ 165% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,690 | €19,779 | €22,078 | €22,582 | €33,801 | ▲ 49.7% |
| + Depreciation and write-downs630 | €5,520 | €5,704 | €1,707 | €2,118 | €2,743 | ▲ 29.5% |
| Operating cash flow (approximation) | €18,210 | €25,483 | €23,785 | €24,701 | €36,544 | ▲ 47.9% |
| Investment in fixed assets (approximation) | - | -€3,158 | €0 | -€7,241 | €0 | ▲ 100% |
| Change in cash | - | €32,708 | €61,253 | €47,462 | -€8,985 | ▼ 119% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €33,801 ▲49.7%
Operating result €55,165, net result €33,801, both a record.
31-12
Financial
Equity above €100,000Eq €125,187 ▲37%
5 profitable years in a row build equity to €125,187.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Back to profitnet €12,690
Net result €12,690 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€5,249
Net result drops to -€5,249, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Jemeppe-sur-Sambre · 1 establishment unit since 2015
Ground area
1,193 m²
Building footprint
115 m²
Volume, LiDAR
621 m³
Parcel 92119E0217/00M000, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TINY BUGS
since 20152.247.481.783
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92119E0217/00M000 | Wallonia | 1,193 m² | 1 · 115 m² | 7.0 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.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 15,460 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
Founded18-11-2015
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
Contact
E-mail
seba.vando@gmail.comJemeppe-sur-Sambre
Phone
0478/55.84.25Jemeppe-sur-Sambre
E-invoicing
Reachable via Peppol
Peppol ID
0208:0642997261
Registered
19-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.