CONTEXT+
ActiveSummary
CONTEXT+ has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,992 and a net result of €3,829. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 65% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▼-17
Solvency98▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 3.74 against 11.69 in 2024; short-term debt: 26.8% and cash: 28.8% of total assets), and 26.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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 →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.2%
Return on assets
7.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 15-12-2025, 47 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
47 d early
2024
1 d early
2023
23 d early
2022
6 d late
2021
40 d early
2020
41 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€36,992▲ 11.5%
2024 · €33,163
Total assets
€50,512▲ 39.3%
2024 · €36,265
Net result
€3,829▼ 50.1%
2024 · €7,680
Working capital
€36,992▲ 11.5%
2024 · €33,163
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,467€5,613€7,680▲ 36.8%€10,852▲ 41.3%€5,352▼ 50.7%
Net result-€4,993€4,334€4,455▲ 2.8%€7,680▲ 72.4%€3,829▼ 50.1%
Equity€16,694▼ 23.0%€21,027▲ 26.0%€25,483▲ 21.2%€33,163▲ 30.1%€36,992▲ 11.5%
Total assets€37,948▲ 2.3%€36,911▼ 2.7%€35,299▼ 4.4%€36,265▲ 2.7%€50,512▲ 39.3%
Debt€21,254▲ 38.1%€15,883▼ 25.3%€9,816▼ 38.2%€3,103▼ 68.4%€13,520▲ 336%
Working capital€13,157▼ 30.4%€17,067▲ 29.7%€23,474▲ 37.5%€33,163▲ 41.3%€36,992▲ 11.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €50,512
Equity
€36,992 ▲ 11.5%
Debt
€13,520 ▲ 336%
Debt's share of the balance-sheet total rises from 8.6% to 26.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5,352▼
2024 · €12,860
Cash flow
€3,829▼
2024 · €9,688
Current ratio
3.74▼
2024 · 11.69
Debt to equity
0.37▲
2024 · 0.09
ROE
10.4%▼
2024 · 23.2%
ROA
7.6%▼
2024 · 21.2%
Interest coverage
40.98▲
2024 · 22.51
Debt ≤ 1 year
€13,520▲
2024 · €3,103
Income taxes
€1,393▼
2024 · €2,600
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,410 | €2,410 | €2,410 | €2,008 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €884 | €579 | €966 | €1,754 | ▲ 81.6% |
| Gross operating margin9900 | -€140 | €8,908 | €10,668 | €13,826 | €7,107 | ▼ 48.6% |
| Operating profit (loss)9901 | -€3,467 | €5,613 | €7,680 | €10,852 | €5,352 | ▼ 50.7% |
| Financial income75/76B | - | €8 | €1 | €0 | €0 | ▲ 220% |
| Recurring financial income75 | - | €8 | €1 | €0 | €0 | ▲ 220% |
| Financial charges65/66B | - | €190 | €130 | €571 | €131 | ▼ 77.1% |
| Recurring financial charges65 | €260 | €190 | €130 | €571 | €131 | ▼ 77.1% |
| Profit (loss) for the period before taxes9903 | -€3,726 | €5,432 | €7,551 | €10,280 | €5,222 | ▼ 49.2% |
| Income taxes67/77 | €1,267 | €1,098 | €3,096 | €2,600 | €1,393 | ▼ 46.4% |
| Profit (loss) for the period9904 | -€4,993 | €4,334 | €4,455 | €7,680 | €3,829 | ▼ 50.1% |
| Transfer from tax-exempt reserves789 | - | €3,231 | €3,043 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€1,267 | €7,564 | €7,498 | €7,680 | €3,829 | ▼ 50.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,948 | €36,911 | €35,299 | €36,265 | €50,512 | ▲ 39.3% |
| Fixed assets21/28 | €6,828 | €4,418 | €2,008 | - | - | - |
| Tangible fixed assets22/27 | €6,828 | €4,418 | €2,008 | - | - | - |
| Furniture and vehicles24 | - | €4,418 | €2,008 | - | - | - |
| Current assets29/58 | €31,120 | €32,493 | €33,291 | €36,265 | €50,512 | ▲ 39.3% |
| Amounts receivable within one year40/41 | €28,848 | €27,505 | €26,346 | €32,337 | €34,091 | ▲ 5.4% |
| Trade receivables40 | - | €24,819 | €26,029 | €26,460 | €28,726 | ▲ 8.6% |
| Other amounts receivable41 | - | €2,687 | €317 | €5,878 | €5,365 | ▼ 8.7% |
| Cash at bank and in hand54/58 | €31 | €2,352 | €4,562 | €1,360 | €14,530 | ▲ 968% |
| Deferred charges and accrued income490/1 | - | €2,635 | €2,382 | €2,568 | €1,891 | ▼ 26.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,948 | €36,911 | €35,299 | €36,265 | €50,512 | ▲ 39.3% |
| Equity10/15 | €16,694 | €21,027 | €25,483 | €33,163 | €36,992 | ▲ 11.5% |
| Contributions10/11 | - | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Reserves13 | €6,274 | €3,043 | - | - | - | - |
| Tax-exempt reserves132 | - | €3,043 | - | - | - | - |
| Profit (loss) carried forward14 | -€4,580 | €2,984 | €10,483 | €18,163 | €21,992 | ▲ 21.1% |
| Amounts payable17/49 | €21,254 | €15,883 | €9,816 | €3,103 | €13,520 | ▲ 336% |
| Amounts payable after more than one year17 | €2,835 | - | - | - | - | - |
| Amounts payable within one year42/48 | €17,963 | €15,426 | €9,816 | €3,103 | €13,520 | ▲ 336% |
| Current portion of amounts payable after more than one year42 | - | €2,835 | - | - | - | - |
| Trade debts44 | €9,477 | €6,715 | €9,301 | €3,024 | €13,441 | ▲ 344% |
| Suppliers440/4 | - | €6,715 | €9,301 | €3,024 | €13,441 | ▲ 344% |
| Taxes, remuneration and social security45 | - | €126 | €260 | - | - | - |
| Taxes450/3 | - | €126 | €260 | - | - | - |
| Other amounts payable47/48 | - | €5,750 | €256 | €79 | €79 | = |
| Accrued charges and deferred income492/3 | - | €458 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,993 | €4,334 | €4,455 | €7,680 | €3,829 | ▼ 50.1% |
| + Depreciation and write-downs630 | €2,410 | €2,410 | €2,410 | €2,008 | €0 | ▼ 100% |
| Operating cash flow (approximation) | -€2,583 | €6,744 | €6,865 | €9,688 | €3,829 | ▼ 60.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €2,321 | €2,210 | -€3,201 | €13,170 | ▲ 511% |
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
2025
15-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €7,680 ▲72.4%
Operating result €10,852, net result €7,680, both a record.
30-06
Financial
Liquidity triplescurrent ratio 11.69
Current ratio from 3.39 to 11.69; short-term debt falls from €9,816 to €3,103.
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 6 days late
2022
30-06
Financial
Back to profitnet €4,334
Net result €4,334 after one loss-making year.
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet -€4,993
Net result drops to -€4,993, the lowest in the series; recovery starts the following year.
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €1,829
Net result €1,829 after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Oostende · 1 establishment unit since 2008
Ground area
288 m²
Building footprint
288 m²
Volume, LiDAR
7,450 m³
Parcel 35013A1253/00S000, Flanders · tallest building 31.2 m, ±10 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
CONTEXT+
since 20082.171.053.109
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A1253/00S000 | Flanders | 288 m² | 1 · 288 m² | 31.1 m · 10 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.
Similar companies · same sector, comparable size
AKRB Solutions
BE 0775.333.470
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Tyrell Corporation
BE 0782.326.378
Sint-Gillis (bij-Brussel) · Eq €37,002
g3dvise
BE 1002.856.175
Wommelgem · Eq €37,003
DG - Innovative
BE 0536.470.178
Kapellen · Eq €37,011
ETLdonkey
BE 1026.490.622
Schaarbeek · Eq €36,949
Of 16,901 companies in sector 62100 we hold annual accounts for 8,775. 6,584 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
Founded20-03-2008
Fiscal year end30-06
Activities, NACEBEL 2025
62100Computer programming
58290Other software publishing
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
Scores and ratios are computed by Checked and are not a credit decision.