Result
Back in profit in 2025, after a loss of €79,054 in 2024.
Back in profit in 2025, after a loss of €79,054 in 2024.
Of this, €514,537 falls due within a year.
Six of the last ten came late. The 2020 accounts came latest: 76 days after the end of the period.
Heads a group.
A director left. Latest change 13-03-2026 · 1 in office.
Lower solvency than 81% of companies in computer programming and consultancy. Sector median 46.4% · 3,399 companies.
The dashed line is the sector median: 0.1% across 25,925 companies (NACE 62, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 14% of them on solvency, 7% on liquidity, 46% on profitability and 96% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Liquidity is insufficient, with a current ratio of 0.06 (0.08 in 2024), below 1. Short-term debt is 65% and cash 1.7% of total assets. 92.7% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 1 day 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.
Shares in 1 company, M&W Investment
Board & ownership| Company | ||||
|---|---|---|---|---|
| 909 Schoten | €791,549 | €67,587 | 7.3% | - |
| CEDERINVEST Ghent | €675,726 | €59,307 | 26.8% | - |
| 10TUBES Nijlen | €950,560 | €76,317 | 75.5% | - |
| AMADIS Antwerp | €797,623 | €96,478 | 48.9% | - |
| VECO Niel | €956,065 | €104,732 | 30.6% | - |
| SWANNET-LEMMENS SERVICES Kasterlee | €635,386 | €101,773 | 40.4% | - |
| CORIOTECH Zandhoven | €875,726 | €104,952 | 6.4% | 4.2 |
These companies have the same main activity as 909: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €635,000 and €956,000, founded between 2001 and 2010.
909 files the abbreviated format. That format states no turnover. The gross margin rose from -€38,097 in 2006 to €67,587 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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