VALUEBYTES
ActiveSummary
VALUEBYTES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-16k) and a net result of €-8k. Equity is shrinking by ~38.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-50
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.37 against 0.63 in 2024; short-term debt: 267.8% and cash: 45.5% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-167.8%
Return on assets
-84.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-16k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
2 d early
2023
6 d early
2022
4 d early
2021
2 d early
2020
36 d early
2019
21 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-16k▼ 102%
2024 · €-8k
2018: €28k
2019: €32k▲ +14.4% vs 2018
2020: €35k▲ +9.5% vs 2019highest in 8 years
2021: €26k▼ -26.3% vs 2020
2022: €11k▼ -56.2% vs 2021
2023: €-3k▼ -130% vs 2022
2024: €-8k▼ -132% vs 2023
2025: €-16k▼ -102% vs 2024lowest in 8 years
2018 → 2025
Total assets
€10k▼ 52.2%
2024 · €20k
2018: €41k
2019: €58k▲ +39.4% vs 2018highest in 8 years
2020: €56k▼ -3.5% vs 2019
2021: €31k▼ -44.7% vs 2020
2022: €16k▼ -49.4% vs 2021
2023: €12k▼ -24.9% vs 2022
2024: €20k▲ +73.0% vs 2023
2025: €10k▼ -52.2% vs 2024lowest in 8 years
2018 → 2025
Net result
€-8k▼ 78.5%
2024 · €-5k
2018: €4k
2019: €4k▲ +14.0% vs 2018highest in 8 years
2020: €3k▼ -24.8% vs 2019
2021: €-9k▼ -404% vs 2020
2022: €-15k▼ -57.9% vs 2021
2023: €-15k▼ -1.5% vs 2022lowest in 8 years
2024: €-5k▲ +69.2% vs 2023
2025: €-8k▼ -78.5% vs 2024
2018 → 2025
Working capital
€-16k▼ 54.2%
2024 · €-10k
2018: €28k
2019: €32k▲ +14.4% vs 2018
2020: €35k▲ +9.5% vs 2019highest in 8 years
2021: €27k▼ -22.9% vs 2020
2022: €11k▼ -59.2% vs 2021
2023: €-11k▼ -198% vs 2022
2024: €-10k▲ +3.5% vs 2023
2025: €-16k▼ -54.2% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€11k▼ 56.2%€-3k€-8k▼ 132%€-16k▼ 102%
2021: €26khighest in 5 years
2022: €11k▼ -56.2% vs 2021
2023: €-3k▼ -130% vs 2022
2024: €-8k▼ -132% vs 2023
2025: €-16k▼ -102% vs 2024lowest in 5 years
Operating result€-8k-€-14k▼ 77.2%€-15k▼ 1.0%€-4k▲ 70.1%€-8k▼ 83.3%
2021: €-8k
2022: €-14k▼ -77.2% vs 2021
2023: €-15k▼ -1.0% vs 2022lowest in 5 years
2024: €-4k▲ +70.1% vs 2023highest in 5 years
2025: €-8k▼ -83.3% vs 2024
Net result€-9k-€-15k▼ 57.9%€-15k▼ 1.5%€-5k▲ 69.2%€-8k▼ 78.5%
2021: €-9k
2022: €-15k▼ -57.9% vs 2021
2023: €-15k▼ -1.5% vs 2022lowest in 5 years
2024: €-5k▲ +69.2% vs 2023highest in 5 years
2025: €-8k▼ -78.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €4k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10k
Fixed assets
€17 ▼ 99.3%
Current assets
€10k ▼ 45.7%
Key figures and ratios
EBITDA
€-6k▼
2024 · €602
Cash flow
€-6k▼
2024 · €384
Solvency
-167.8%▼
2024 · -39.8%
Current ratio
0.37▼
2024 · 0.63
Debt to equity
-1.60▲
2024 · -3.51
ROA
-84.5%▼
2024 · -22.6%
Interest coverage
-70.32▼
2024 · 9.28
Debt
€26k▼
2024 · €28k
Debt ≤ 1 year
€26k▼
2024 · €28k
Income taxes
€152▼
2024 · €155
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€20k€10k▼
Fixed assets21/28€2k€17▼
Tangible fixed assets22/27€2k€17▼
Plant, machinery and equipment23€103€17▼
Furniture and vehicles24€2k€0▼
Current assets29/58€18k€10k▼
Amounts receivable within one year40/41€14k€4k▼
Trade receivables40€14k€4k▼
Other amounts receivable41€0€70▲
Cash at bank and in hand54/58€836€4k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€20k€10k▼
Equity10/15€-8k€-16k▼
Contributions10/11€13k€13k=
Reserves13€985€985=
Non-distributable reserves130/1€985€985=
Reserves not available under the articles1311€985€985=
Profit (loss) carried forward14€-22k€-31k▼
Amounts payable17/49€28k€26k▼
Amounts payable within one year42/48€28k€26k▼
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€2k€152▼
Taxes450/3€2k€152▼
Other amounts payable47/48€21k€23k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€451€465▲
Gross operating margin9900€1k€-5k▼
Operating profit (loss)9901€-4k€-8k▼
Financial income75/76B€2€49▲
Recurring financial income75€2€49▲
Financial charges65/66B€65€78▲
Recurring financial charges65€65€78▲
Profit (loss) for the period before taxes9903€-4k€-8k▼
Income taxes67/77€155€152▼
Profit (loss) for the period9904€-5k€-8k▼
Profit (loss) for the period to be appropriated9905€-5k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-31k▼
Profit (loss) brought forward from the previous period14P€-18k€-22k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €69 | €86 | €3k | €5k | €2k | ▼ 50.3% |
| Other operating charges640/8 | €1k | €405 | €448 | €451 | €465 | ▲ 3.2% |
| Gross operating margin9900 | €-7k | €-14k | €-11k | €1k | €-5k | ▼ 579% |
| Operating profit (loss)9901 | €-8k | €-14k | €-15k | €-4k | €-8k | ▼ 83.3% |
| Financial income75/76B | €16 | €524 | €13 | €2 | €49 | ▲ 2,561% |
| Recurring financial income75 | €16 | €524 | €13 | €2 | €49 | ▲ 2,561% |
| Financial charges65/66B | €967 | €577 | €158 | €65 | €78 | ▲ 20.7% |
| Recurring financial charges65 | €967 | €577 | €158 | €65 | €78 | ▲ 20.7% |
| Profit (loss) for the period before taxes9903 | €-9k | €-14k | €-15k | €-4k | €-8k | ▼ 81.3% |
| Income taxes67/77 | €183 | €170 | €157 | €155 | €152 | ▼ 2.1% |
| Profit (loss) for the period9904 | €-9k | €-15k | €-15k | €-5k | €-8k | ▼ 78.5% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €-15k | €-15k | €-5k | €-8k | ▼ 78.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31k | €16k | €12k | €20k | €10k | ▼ 52.2% |
| Fixed assets21/28 | €360 | €275 | €7k | €2k | €17 | ▼ 99.3% |
| Tangible fixed assets22/27 | €360 | €275 | €7k | €2k | €17 | ▼ 99.3% |
| Plant, machinery and equipment23 | €360 | €275 | €189 | €103 | €17 | ▼ 83.4% |
| Furniture and vehicles24 | - | - | €7k | €2k | €0 | ▼ 100% |
| Current assets29/58 | €30k | €15k | €4k | €18k | €10k | ▼ 45.7% |
| Amounts receivable within one year40/41 | €22k | €12k | €1k | €14k | €4k | ▼ 73.9% |
| Trade receivables40 | €13k | €7k | €584 | €14k | €4k | ▼ 74.4% |
| Other amounts receivable41 | €9k | €5k | €874 | €0 | €70 | - |
| Cash at bank and in hand54/58 | €8k | €225 | €1k | €836 | €4k | ▲ 425% |
| Deferred charges and accrued income490/1 | €794 | €3k | €2k | €2k | €1k | ▼ 40.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31k | €16k | €12k | €20k | €10k | ▼ 52.2% |
| Equity10/15 | €26k | €11k | €-3k | €-8k | €-16k | ▼ 102% |
| Contributions10/11 | €13k | €13k | €13k | €13k | €13k | = |
| Reserves13 | €13k | €985 | €985 | €985 | €985 | = |
| Non-distributable reserves130/1 | €985 | €985 | €985 | €985 | €985 | = |
| Reserves not available under the articles1311 | €985 | €985 | €985 | €985 | €985 | = |
| Distributable reserves133 | €12k | €0 | - | - | - | - |
| Profit (loss) carried forward14 | - | €-3k | €-18k | €-22k | €-31k | ▼ 36.4% |
| Amounts payable17/49 | €5k | €4k | €15k | €28k | €26k | ▼ 8.5% |
| Amounts payable within one year42/48 | €3k | €4k | €15k | €28k | €26k | ▼ 8.5% |
| Trade debts44 | €2k | €4k | €2k | €5k | €2k | ▼ 56.3% |
| Suppliers440/4 | €2k | €4k | €2k | €5k | €2k | ▼ 56.3% |
| Taxes, remuneration and social security45 | €1k | €353 | €157 | €2k | €152 | ▼ 92.6% |
| Taxes450/3 | €1k | €353 | €157 | €2k | €152 | ▼ 92.6% |
| Other amounts payable47/48 | - | - | €13k | €21k | €23k | ▲ 10.7% |
| Accrued charges and deferred income492/3 | €2k | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-15k | €-15k | €-5k | €-8k | ▼ 78.5% |
| + Depreciation and write-downs630 | €69 | €86 | €3k | €5k | €2k | ▼ 50.3% |
| Operating cash flow (approximation) | €-9k | €-15k | €-12k | €384 | €-6k | ▼ 1,582% |
| Investment in fixed assets (approximation) | - | €0 | €-10k | €0 | €0 | - |
| Change in cash | - | €-7k | €805 | €-194 | €4k | ▲ 1,933% |
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
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 9.43
Current ratio from 2.73 to 9.43; short-term debt falls from €20k to €3k.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €4k ▲14%
Operating result €7k, net result €4k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Leuven · 1 establishment unit since 2008
Ground area
728 m²
Building footprint
140 m²
Volume, LiDAR
1,280 m³
Parcel 24504E0533/00C000, Flanders · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ValueBytes
since 20082.172.947.379
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24504E0533/00C000 | Flanders | 728 m² | 1 · 140 m² | 13.3 m · 4 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 16,879 companies in sector 62100 we hold annual accounts for 8,771. 4,689 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 (pre-2019)
Founded29-07-2008
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
73200Market research and public opinion polling
77330Rental and leasing activities
77400Rental and leasing activities
Contact
Phone
0478269974Leuven
Scores and ratios are computed by Checked and are not a credit decision.