Treecatch
ActiveSummary
Treecatch has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €302,873 and a net result of €164,896. Its solvency ranks better than 59% of 21,059 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €302,873
- Profit
- €164,896
- Largest shareholder
- BHonit · 16.67%
- BHonitDirector · permanent representative HERCKENS Brent
- TagusDirector · permanent representative BENAIN PERAL Israel
Why 97raises risk1 change of registered office in 24 monthslowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 2.91, cash €148,268Figures for financial year 2025 (filed 28-03-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 61% on solvency, 64% on liquidity, 82% on profitability and 85% on growth.
The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 135 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Resignation: pro-Q (director)Registered-office move · Director discharge…
- Annual accounts filedfinancial year 2025 · micro…
- Equity above €200,000equity €302,873 ▲70.2%
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result falls in 2025; 2025 is 12% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 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% | 1.8% |
| 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 74.5% 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 39,278 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €849 | €12,531 | ▲ 1,377% |
| Other operating charges640/8 | €868 | €603 | ▼ 30.5% |
| Gross operating margin9900 | €227,766 | €211,041 | ▼ 7.3% |
| Operating profit (loss)9901 | €226,050 | €197,908 | ▼ 12.4% |
| Financial income75/76B | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €60 | €205 | ▲ 243% |
| Recurring financial charges65 | €60 | €205 | ▲ 243% |
| Profit (loss) for the period before taxes9903 | €225,990 | €197,702 | ▼ 12.5% |
| Income taxes67/77 | €51,013 | €32,806 | ▼ 35.7% |
| Profit (loss) for the period9904 | €174,977 | €164,896 | ▼ 5.8% |
| Profit (loss) for the period to be appropriated9905 | €174,977 | €164,896 | ▼ 5.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €191,527 | €444,505 | ▲ 132% |
| Fixed assets21/28 | €24,726 | €77,080 | ▲ 212% |
| Intangible fixed assets21 | €24,193 | €72,691 | ▲ 200% |
| Tangible fixed assets22/27 | €534 | €4,389 | ▲ 722% |
| Furniture and vehicles24 | €534 | €4,389 | ▲ 722% |
| Current assets29/58 | €166,800 | €367,424 | ▲ 120% |
| Amounts receivable within one year40/41 | €49,204 | €210,638 | ▲ 328% |
| Trade receivables40 | €49,204 | €199,292 | ▲ 305% |
| Other amounts receivable41 | - | €11,346 | - |
| Cash at bank and in hand54/58 | €104,380 | €148,268 | ▲ 42.0% |
| Deferred charges and accrued income490/1 | €13,217 | €8,519 | ▼ 35.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €191,527 | €444,505 | ▲ 132% |
| Equity10/15 | €177,977 | €302,873 | ▲ 70.2% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €174,977 | €299,873 | ▲ 71.4% |
| Distributable reserves133 | €174,977 | €299,873 | ▲ 71.4% |
| Profit (loss) carried forward14 | - | €0 | - |
| Amounts payable17/49 | €13,550 | €141,631 | ▲ 945% |
| Amounts payable within one year42/48 | €12,095 | €126,120 | ▲ 943% |
| Trade debts44 | €1,651 | €58,312 | ▲ 3,431% |
| Suppliers440/4 | €1,651 | €58,312 | ▲ 3,431% |
| Taxes, remuneration and social security45 | €10,443 | €27,808 | ▲ 166% |
| Taxes450/3 | €10,443 | €27,808 | ▲ 166% |
| Other amounts payable47/48 | - | €40,000 | - |
| Accrued charges and deferred income492/3 | €1,455 | €15,511 | ▲ 966% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €174,977 | €164,896 | ▼ 5.8% |
| + Depreciation and write-downs630 | €849 | €12,531 | ▲ 1,377% |
| Operating cash flow (approximation) | €175,825 | €177,427 | ▲ 0.9% |
| Investment in fixed assets (approximation) | - | -€64,885 | - |
| Change in cash | - | €43,888 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-03-2026 | 2026-00064852 |
| 31-12-2024 | micro format | 08-03-2025 | 2025-00045267 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2025 · 1 entry · €446 awarded · €446 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 2
Permanent representatives 2
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BHonit |
|
| Tagus |
|
| pro-Q |
|
Owners and capital
Owners
2 ownersOwners 2
-
16.67%
- Sourceaccounts Tagus 202516.67%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- VANDERAERDEN Wim 100 shares (33.3%) · €1,000
- BENAIN PERAL Israel 100 shares (33.3%) · €1,000
- HERCKENS Brent 100 shares (33.3%) · €1,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 18-07-2024 Incorporation · €3,000 · 300 shares
Group and network
Connections & network
2 current directorsThe board mandates are listed below; here you explore them as a network.
History
Acts, filings and financial milestones
09-04
Gazette deed
Resignation: pro-Q (director)Registered-office move · Director discharge · Power of attorney5 facts ▸
- General meeting, 22-12-2025
- Registered-office move, Attenhovenstraat 56 te 3806 Velm
- Director resignation, pro-Q (director)
- Director discharge, pro-Q (director)
- Power of attorney, ontward accounting BV
18-07
Gazette deed
IncorporationAppointments: pro-Q, Tagus and BHonit · Permanent representatives: VANDERAERDEN Wim, BENAIN PERAL Israel and HERCKENS Brent · Founder16 facts ▸
- Incorporation, 15-07-2024
- Founder, VANDERAERDEN Wim
- Founder, BENAIN PERAL Israel
- Founder, HERCKENS Brent
- Other provision, “financial plan and founder liability warning”, 07-07-2024 (deed in Dutch)
- Registered office clause, “Beeklaan 6,3001 Heverlee” (deed in Dutch)
- Founding capital, €3,000
- Other provision, “notarial confirmation of deposit, Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Capital, €3,000
- Board rule, 3, “vergadering beslist aantal bestuurders te bepalen op drie” (deed in Dutch)
- Director appointment, pro-Q (director)
- Permanent representative, VANDERAERDEN Wim
- +4 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71058D0274/00S000 | Flanders | 745 m² | 1 · 148 m² | 9.5 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Ontwerpen en programmeren van computerprogramma's; Computerconsultancy-activiteiten; Beheer van computerfaciliteiten; Overige diensten op…” (deed in Dutch)
22 activities (deed in Dutch)
- Ontwerpen en programmeren van computerprogramma's
- Computerconsultancy-activiteiten
- Beheer van computerfaciliteiten
- Overige diensten op het gebied van informatietechnologie en computer
- Gegevensverwerking,webhosting en aanverwante activiteiten
- Webportalen
- Overige dienstverlenende activiteiten op het gebied van informatie,n.e.g.
- Holdings
- Handel in eigen onroerend goed
- Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed,exclusief sociale woningen
- Overige adviesbureaus op het gebied van bedrijfsbeheer;adviesbureaus op het gebied van bedrijfsvoering
- Diverse administratieve activiteiten ten behoeve van kantoren
- Overige zakelijke dienstverlening,n.e.g.
- Het verwerven of vervreemden van roerende en onroerende goederen,het toestaan van zakelijke rechten
- Het beheer van een onroerend vermogen en alle handelingen die van aard zijn de opbrengst van de onroerende goederen te bevorderen zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen,alsmede zich borg stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen
- Het aangaan of toestaan van een onroerende leasing
- Het vestigen en uitoefenen van opstalrecht op onroerende goederen,en andere zakelijke rechten
- Verhuur,onroerende leasing,opstalrecht,beheer van onroerend goed
- Het huren en verhuren van onroerende goederen,zulks zowel in hoofdhuur als in onderhuur
- Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering in allerhande sectoren
- De deelneming,onder gelijk welke vorm,aan de oprichting,de uitbreiding,de omvorming,de fusie,de opslorping,het beheer en de controle van ondernemingen van gelijk welke aard,en het verlenen,aan ondernemingen waarin de vennootschap belang stelt,van alle hulp,onder meer in de vorm van leningen,voorschotten of borgstellingen
- Het verwerven,door inschrijving of aankoop,en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten vennootschappen
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, geheel van bevoegdheden toegekend met…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of June at 20:00