Userspace
ActiveSummary
Userspace has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€351) and a net result of -€3,158. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 20890 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Financials · fiscal year 2025, micro schema
2022 to 2025, 4 fiscal years
The operating result turns negative in 2025: a loss of €3,141 after €3,520 in 2024, the lowest result in the available series.
What the company sold each fiscal 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.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 6,008 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,471 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% 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 6,008 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Other operating charges640/8 | - | €122 | €132 | €1,039 | ▲ 689% |
| Gross operating margin9900 | -€140 | -€826 | €3,652 | -€2,102 | ▼ 158% |
| Operating profit (loss)9901 | -€140 | -€948 | €3,520 | -€3,141 | ▼ 189% |
| Financial charges65/66B | €96 | - | €48 | €17 | ▼ 65.6% |
| Recurring financial charges65 | €96 | - | €48 | €17 | ▼ 65.6% |
| Profit (loss) for the period before taxes9903 | -€236 | -€948 | €3,472 | -€3,158 | ▼ 191% |
| Income taxes67/77 | - | - | €482 | - | - |
| Profit (loss) for the period9904 | -€236 | -€948 | €2,991 | -€3,158 | ▼ 206% |
| Profit (loss) for the period to be appropriated9905 | -€236 | -€948 | €2,991 | -€3,158 | ▼ 206% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €926 | €85 | €4,039 | €783 | ▼ 80.6% |
| Current assets29/58 | €926 | €85 | €4,039 | €783 | ▼ 80.6% |
| Cash at bank and in hand54/58 | €926 | €85 | €4,039 | €783 | ▼ 80.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €926 | €85 | €4,039 | €783 | ▼ 80.6% |
| Equity10/15 | €764 | -€184 | €2,807 | -€351 | ▼ 112% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | -€236 | -€1,184 | €1,807 | -€1,351 | ▼ 175% |
| Amounts payable17/49 | €162 | €269 | €1,232 | €1,134 | ▼ 8.0% |
| Amounts payable within one year42/48 | €162 | €269 | €1,232 | €1,134 | ▼ 8.0% |
| Trade debts44 | €21 | €135 | - | €384 | - |
| Suppliers440/4 | €21 | €135 | - | €384 | - |
| Taxes, remuneration and social security45 | - | - | €482 | - | - |
| Taxes450/3 | - | - | €482 | - | - |
| Other amounts payable47/48 | €141 | €134 | €750 | €750 | = |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€236 | -€948 | €2,991 | -€3,158 | ▼ 206% |
| Operating cash flow (approximation) | -€236 | -€948 | €2,991 | -€3,158 | ▼ 206% |
| Change in cash | - | -€840 | €3,953 | -€3,256 | ▼ 182% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.