UNCAPPED
ActiveSummary
UNCAPPED has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,944 and a net result of €2,823. Equity has been shrinking by about 18% per year since 2021. Its solvency ranks better than 35% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-05-2015 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200and 5 others
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.242.365.925 2018 Antwerpen, since 27-05-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 22-09-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €179,125
- ▼ 12.8%
- Turnover
- ≈ €270,000
- estimated
- Profit
- €2,823
- ▼ 85.4%
- Equity
- €53,944
- ▲ 5.5%
- Total assets
- €128,913
- ▲ 8.6%
- Employees on 31-12-2025
- 2
- =
Score breakdownlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.58, cash €34,571Size: total assets €128,913Figures for financial year 2025 (filed on 30-06-2026)Show the evidence
Checked score
Score 2025
92
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 38% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2024
Strong
Solvency
67-1
equity 41.8% of total assets
Liquidity
54-1
short-term debt 56.4% · cash 26.8%
Profitability
71-18
return on assets 2.2%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.2%▲ +0.1 percentage points vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025highest value
08-2025: < 0.1%▼ -0.2 percentage points vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58 (1.59 in 2024), above the usual 1.5. Short-term debt is 56.4% and cash 26.8% of total assets. However, 58.2% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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). It does better than 37% of them on solvency, 36% on liquidity, 30% on profitability and 51% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €53,944
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 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
31 days early
2024
13 days early
2023
13 days late
2022
17 days early
2021
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 10 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 5 filings
Turnover
≈ €270,000
Estimated: probably between €250,000 and €340,000
Total assets
€128,913▲ 8.6%
2024 · €118,665
Net result
€2,823▼ 85.4%
2024 · €19,335
Working capital
€42,245▲ 14.4%
2024 · €36,938
Multi-year overview
2021 to 2025, 5 financial yearsOperating result
€4,118
▼ 80.2%
2025
20212025
Net result
€2,823
▼ 85.4%
2025
lowest quarter of the sector
20212025
Equity
€53,944
▲ 5.5%
2025
middle half of the sector
20212025
Total assets
€128,913
▲ 8.6%
2025
middle half of the sector
20212025
Debt
€74,969
▲ 11.0%
2025
20212025
Working capital
€42,245
▲ 14.4%
2025
middle half of the sector
20212025
Solvency
41.8%
▼ 1.2pp
2025
middle half of the sector
20212025
Current ratio
1.58
▼ 0.01
2025
middle half of the sector
20212025
Return on assets (ROA)
2.2%
▼ 14.1pp
2025
lowest quarter of the sector
20212025
Staff (FTE)
2
▼ 9.1%
2025
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Operating result€9,139-€33,010▲ 261%-€50,633€20,749€4,118▼ 80.2%
Net result€2,866below the sector's middle half-€20,035within the sector's middle half▲ 599%-€50,514below the sector's middle half€19,335within the sector's middle half€2,823below the sector's middle half▼ 85.4%
Equity€106,266within the sector's middle half-€82,301within the sector's middle half▼ 22.6%€31,786within the sector's middle half▼ 61.4%€51,121within the sector's middle half▲ 60.8%€53,944within the sector's middle half▲ 5.5%
Total assets€230,684within the sector's middle half-€201,058within the sector's middle half▼ 12.8%€146,333within the sector's middle half▼ 27.2%€118,665within the sector's middle half▼ 18.9%€128,913within the sector's middle half▲ 8.6%
Debt€124,418-€118,757▼ 4.6%€114,547▼ 3.5%€67,544▼ 41.0%€74,969▲ 11.0%
Working capital€92,761within the sector's middle half-€78,589within the sector's middle half▼ 15.3%€15,756within the sector's middle half▼ 80.0%€36,938within the sector's middle half▲ 134%€42,245within the sector's middle half▲ 14.4%
Solvency46.1%within the sector's middle half-40.9%within the sector's middle half▼ 5.1pp21.7%below the sector's middle half▼ 19.2pp43.1%within the sector's middle half▲ 21.4pp41.8%within the sector's middle half▼ 1.2pp
Current ratio1.95within the sector's middle half-1.88within the sector's middle half▼ 0.071.15below the sector's middle half▼ 0.721.59within the sector's middle half▲ 0.441.58within the sector's middle half▼ 0.01
Return on assets (ROA)1.2%below the sector's middle half-10.0%within the sector's middle half▲ 8.7pp-34.5%below the sector's middle half▼ 44.5pp16.3%within the sector's middle half▲ 50.8pp2.2%below the sector's middle half▼ 14.1pp
Staff (FTE)2.5-2.9▲ 16.0%3.4▲ 17.2%2.2▼ 35.3%2▼ 9.1%
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 80% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €128,913
Fixed assets
€13,908 ▼ 28.8%
Current assets
€115,005 ▲ 16.0%
Equity and liabilities €128,913
Equity
€53,944 ▲ 5.5%
Debt
€74,969 ▲ 11.0%
Debt's share of the balance-sheet total rises from 56.9% to 58.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15,171▼
2024 · €31,591
Cash flow
€13,876▼
2024 · €30,177
Debt to equity
1.39▲
2024 · 1.32
ROE
5.2%▼
2024 · 37.8%
Interest coverage
8.69▼
2024 · 25.60
Debt ≤ 1 year
€72,760▲
2024 · €62,194
Debt > 1 year
€1,030▼
2024 · €3,351
Income taxes
€369▲
2024 · €342
Staff costs
€161,730▼
2024 · €171,435
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 2 | 4 | 2 | 2 |
| full-time | 3 | 1 | 3 | 2 | 2 |
| part-time | - | 1 | 1 | - | - |
| in full-time equivalents | 3 | 1.8 | 3.8 | 2 | 2 |
| Average over the year, in full-time equivalents | 2.5 | 2.9 | 3.4 | 2.2 | 2 |
| On a permanent contract | 3 | 2 | 4 | 2 | 2 |
| Joined | 1 | 1 | 2 | 0 | - |
| Left | 0 | 2 | 0 | 2 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €29,438 | €4,609 | €7,409 | €1,510 | €5,428 |
| Depreciation and write-downs of the year | €8,055 | €12,163 | €10,922 | €10,842 | €11,053 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 · 1 entry · €515 awardedAnnual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €204 | - | - |
| Remuneration, social security and pensions62 | €176,974 | €206,417 | €257,687 | €171,435 | €161,730 | ▼ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,055 | €12,163 | €10,922 | €10,842 | €11,053 | ▲ 1.9% |
| Other operating charges640/8 | €4,889 | €2,127 | €7,851 | €2,359 | €2,223 | ▼ 5.7% |
| Non-recurring operating charges66A | - | - | €408 | - | - | - |
| Gross operating margin9900 | €199,056 | €253,717 | €226,235 | €205,384 | €179,125 | ▼ 12.8% |
| Operating profit (loss)9901 | €9,139 | €33,010 | -€50,633 | €20,749 | €4,118 | ▼ 80.2% |
| Financial income75/76B | €517 | €388 | €2,116 | €163 | €819 | ▲ 404% |
| Recurring financial income75 | €517 | €388 | €2,116 | €163 | €819 | ▲ 404% |
| Financial charges65/66B | €2,345 | €2,991 | €1,520 | €1,234 | €1,745 | ▲ 41.4% |
| Recurring financial charges65 | €2,345 | €2,991 | €1,520 | €1,234 | €1,745 | ▲ 41.4% |
| Profit (loss) for the period before taxes9903 | €7,311 | €30,408 | -€50,038 | €19,677 | €3,192 | ▼ 83.8% |
| Income taxes67/77 | €4,445 | €10,373 | €477 | €342 | €369 | ▲ 8.0% |
| Profit (loss) for the period9904 | €2,866 | €20,035 | -€50,514 | €19,335 | €2,823 | ▼ 85.4% |
| Profit (loss) for the period to be appropriated9905 | €2,866 | €20,035 | -€50,514 | €19,335 | €2,823 | ▼ 85.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €230,684 | €201,058 | €146,333 | €118,665 | €128,913 | ▲ 8.6% |
| Fixed assets21/28 | €40,340 | €32,787 | €28,865 | €19,533 | €13,908 | ▼ 28.8% |
| Tangible fixed assets22/27 | €40,050 | €32,497 | €28,575 | €19,243 | €13,618 | ▼ 29.2% |
| Plant, machinery and equipment23 | €1,979 | €3,098 | €5,068 | €3,676 | €1,148 | ▼ 68.8% |
| Furniture and vehicles24 | €2,598 | €220 | €1,818 | €1,368 | €5,759 | ▲ 321% |
| Leasing and similar rights25 | €25,550 | €20,012 | €14,474 | €8,936 | €3,399 | ▼ 62.0% |
| Other tangible fixed assets26 | €9,923 | €9,166 | €7,215 | €5,263 | €3,312 | ▼ 37.1% |
| Financial fixed assets28 | €290 | €290 | €290 | €290 | €290 | = |
| Current assets29/58 | €190,344 | €168,271 | €117,468 | €99,131 | €115,005 | ▲ 16.0% |
| Amounts receivable within one year40/41 | €71,623 | €83,487 | €75,777 | €53,201 | €43,636 | ▼ 18.0% |
| Trade receivables40 | €49,023 | €69,736 | €65,547 | €41,928 | €31,695 | ▼ 24.4% |
| Other amounts receivable41 | €22,601 | €13,751 | €10,230 | €11,273 | €11,941 | ▲ 5.9% |
| Current investments50/53 | €12,989 | €12,989 | - | - | - | - |
| Cash at bank and in hand54/58 | €74,418 | €42,001 | €35,943 | €30,071 | €34,571 | ▲ 15.0% |
| Deferred charges and accrued income490/1 | €31,314 | €29,794 | €5,747 | €15,860 | €36,798 | ▲ 132% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €230,684 | €201,058 | €146,333 | €118,665 | €128,913 | ▲ 8.6% |
| Equity10/15 | €106,266 | €82,301 | €31,786 | €51,121 | €53,944 | ▲ 5.5% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €105,266 | €81,301 | €81,301 | €81,301 | €81,301 | = |
| Distributable reserves133 | €105,266 | €81,301 | €81,301 | €81,301 | €81,301 | = |
| Profit (loss) carried forward14 | - | - | -€50,514 | -€31,180 | -€28,357 | ▲ 9.1% |
| Amounts payable17/49 | €124,418 | €118,757 | €114,547 | €67,544 | €74,969 | ▲ 11.0% |
| Amounts payable after more than one year17 | €20,078 | €14,596 | €9,021 | €3,351 | €1,030 | ▼ 69.3% |
| Financial debts170/4 | €20,078 | €14,596 | €9,021 | €3,351 | €1,030 | ▼ 69.3% |
| Amounts payable within one year42/48 | €97,583 | €89,682 | €101,711 | €62,194 | €72,760 | ▲ 17.0% |
| Current portion of amounts payable after more than one year42 | €5,391 | €5,482 | €5,575 | €5,669 | €5,748 | ▲ 1.4% |
| Trade debts44 | €37,482 | €45,942 | €32,137 | €15,047 | €26,267 | ▲ 74.6% |
| Suppliers440/4 | €37,482 | €45,942 | €32,137 | €15,047 | €26,267 | ▲ 74.6% |
| Taxes, remuneration and social security45 | €54,711 | €36,947 | €63,284 | €41,060 | €40,745 | ▼ 0.8% |
| Taxes450/3 | €19,689 | €17,029 | €20,214 | €16,157 | €15,631 | ▼ 3.3% |
| Remuneration and social security454/9 | €35,021 | €19,918 | €43,070 | €24,902 | €25,114 | ▲ 0.9% |
| Other amounts payable47/48 | - | €1,310 | €715 | €418 | - | - |
| Accrued charges and deferred income492/3 | €6,757 | €14,479 | €3,815 | €1,999 | €1,179 | ▼ 41.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,866 | €20,035 | -€50,514 | €19,335 | €2,823 | ▼ 85.4% |
| + Depreciation and write-downs630 | €8,055 | €12,163 | €10,922 | €10,842 | €11,053 | ▲ 1.9% |
| Operating cash flow (approximation) | €10,921 | €32,197 | -€39,593 | €30,177 | €13,876 | ▼ 54.0% |
| Investment in fixed assets (approximation) | - | -€4,609 | -€7,000 | -€1,510 | -€5,428 | ▼ 259% |
| Change in cash | - | -€32,417 | -€6,058 | -€5,872 | €4,500 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 10,904 companies had the same profile as UNCAPPED has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
95.1%
was still going
4.0%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of UNCAPPED itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for UNCAPPED. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00218632 | |
| 31-12-2024 | micro format | 18-07-2025 | 2025-00283897 | |
| 31-12-2023 | micro format | 13-08-2024 | 2024-00341701 | |
| 31-12-2022 | micro format | 14-07-2023 | 2023-00235707 | |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20245279 |
Board & ownership
Directors
Directors
1 director
CAP MITCHELL
Current
Director · listed in the 2025 annual accounts, filed on 30-06-2026
Owners and capital
Owners
Network & group
UNCAPPED shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of UNCAPPED. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-06
micro format · 31 days before the deadline
2025
18-07
micro format · 13 days before the deadline
2024
31-12
Financial
Back to profitnet €19,335
The net result is €19,335, after one loss-making year.
13-08
micro format · 13 days late
2023
31-12
Financial
Weakest financial yearnet -€50,514
The net result drops to -€50,514, the lowest from 2021 to 2025. It recovers the following year.
14-07
micro format · 17 days before the deadline
2022
31-12
Financial
Highest result from 2021 to 2025net €20,035 ▲599%
The operating result of €33,010 and the net result of €20,035 are both a record.
29-07
micro format · 2 days before the deadline
2015
29-05
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
UNCAPPED in Dutch
Enterprise number
0630.871.766
LEI code
967600XCDRPI3U9CZ304
no longer live in the LEI register
Legal form
Private limited company
Status
Active, normale toestand
Founded
27-05-2015
Entity type
Legal entity
Registered office and establishments
Registered office
Solvynsstraat 60, 2018 Antwerpen, Belgium
Establishment unit
Solvynsstraat 60, 2018 Antwerpen since 27-05-2015 · unit number 2.242.365.925
Activities
NACEBEL 2025VAT activities
62200
Computer consultancy and computer facilities management main activity
58290
Other software publishing
62900
Other information technology and computer services
63910
Web portal activities
78100
Employment placement agencies
85699
Other educational support services
Social security (RSZ) activities
62200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
VAT activities
62020
IT consultancy main activity
58290
Publishing activities
62090
Computer programming, consultancy and related activities
63120
Computing infrastructure, data processing, hosting and other information service activities
78100
Employment placement agencies
85609
Education
Social security (RSZ) activities
62020
IT consultancy main activity
Joint committee
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
Invoicing and payment
VAT number
BE 0630.871.766
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
96 m²
Building footprint
69 m²
Building volume
901 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11810K1699/00W006 | Flanders | 96 m² | 1 · 69 m² | 17.6 m · 5 |