Active BE 0419.207.175Private limited company

DEFIMAD

Kwadepoelstraat(Z) 19E ·8550 Zwevegem, Belgium· 47 yrs active

Sector: Computer programming (62100)

Conclusion Checked

DEFIMAD has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115k and a net result of €-14k. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 43% of 16619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€115k
Net result	€-14k
Better than sector	43%
Active	47 yrs

Financial profile 5 of 5 axes measured · computed by Checked

53 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 60

Profitability 0

Solvency 75

Growth 32

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.2% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1979, 47 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

60 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€7k

estimate, not credit advice

Score history

74 2022

58 2023

86 2024

60 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 1.05 (≥ 1.0) +5

Quick ratio Quick ratio 1.05 (≥ 1.0) +5

Leverage Debt/equity 0.93 (< 1.0) +10

Profitability Negatieve ROE -12% -10

Interest coverage Interest coverage 2.8× +3

Profit trend Net profit down YoY -3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview47 NBB filings

Annual accounts filed on 27-08-2026 with the NBB · fiscal year 2025 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~7.1%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 62, Computer programming, consultancy and related activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	51.7%	60.0%	better than 43% of 16619 sector peers
Net result	€-14k	€29k	better than 8% of 16630 sector peers
Equity	€115k	€72k	better than 64% of 16625 sector peers
Gross operating margin	€24k	€55k	better than 27% of 16616 sector peers
Total assets	€222k	€141k	better than 67% of 16633 sector peers

EBITDA

€20k

-38.5% 22-25

Net profit

€-14k

- 22-25

Cash flow

€18k

-45.0% 22-25

Total assets

€222k

-14.6% 22-25

Equity

€115k

-12.0% 22-25

Working capital

€4k

-81.5% 22-25

Income taxes

€160

-93.2% 22-25

Dividends

€2k

-41.7% 22-25

Debt

€107k

-17.2% 22-25

Debt ≤ 1y

€71k

+2.5% 22-25

Debt > 1y

€36k

-40.1% 22-25

Current ratio

1.05

-18.0% 22-25

Quick ratio

1.05

-18.0% 22-25

Solvency

51.7%

+3.0% 22-25

Debt / equity

0.93

-5.8% 22-25

ROE

-12.2%

- 22-25

ROA

-6.3%

- 22-25

Interest coverage

2.79

-44.0% 22-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022
Deposit	micro schema	micro schema	micro schema	micro schema
Revenue	-	-	-	-
EBITDA	€20k	€33k	€30k	€54k
Net profit	€-14k	€1k	€-4k	€12k
Cash flow	€18k	€32k	€27k	€42k
Staff costs	-	-	-	-
Income taxes	-	€160	€2k	€3k
Dividends	€2k	€3k	€8k	€1k
Total assets	€222k	€259k	€340k	€392k
Equity	€115k	€130k	€132k	€144k
Debt	€107k	€129k	€208k	€247k
of which ≤ 1y	€71k	€70k	€100k	€129k
of which > 1y	€36k	€60k	€107k	€119k
Working capital	€4k	€20k	€19k	€33k
Employees (FTE)	-	-	-	-

Ratios (computed)

	2025	2024	2023	2022
Current ratio	1.05	1.28	1.18	1.26
Quick ratio	1.05	1.28	1.18	1.26
Working capital ratio	1.6%	7.5%	5.5%	8.5%
Solvency	51.7%	50.2%	38.9%	36.8%
Debt / equity	0.93	0.99	1.57	1.72
Long-term debt ratio	0.31	0.46	0.81	0.82
Interest coverage	2.79	4.99	3.99	5.84
Gross margin	-	-	-	-
Net margin	-	-	-	-
ROA	-6.3%	0.5%	-1.2%	3.0%
ROE	-12.2%	0.9%	-3.0%	8.2%
EBITDA margin	-	-	-	-
Days sales outstanding	-	-	-	-
Days payable outstanding	-	-	-	-
Inventory turnover	-	-	-	-
Days inventory (DSI)	-	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €147k · 66.2% Current assets €75k · 33.8%

Equity & liabilities

Equity €115k · 51.7% Debt €107k · 48.3%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€222k	€259k	€340k	€392k
Fixed assets	21/28	€147k	€170k	€221k	€229k
Tangible fixed assets	22/27	€147k	€170k	€221k	€229k
Current assets	29/58	€75k	€89k	€119k	€162k
Amounts receivable within one year	40/41	€75k	€88k	€118k	€155k
Cash & bank	54/58	€141	€905	€580	€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€222k	€259k	€340k	€392k
Equity	10/15	€115k	€130k	€132k	€144k
Contributions / capital	10/11	€19k	€19k	€19k	€19k
Reserves	13	€96k	€112k	€113k	€125k
Amounts payable	17/49	€107k	€129k	€208k	€247k
Amounts payable after one year	17	€36k	€60k	€107k	€119k
Amounts payable within one year	42/48	€71k	€70k	€100k	€129k
Trade debts payable within one year	44	€386	€126	€4k	€1k
Income statement
Gross operating margin	9900	€24k	€35k	€32k	€56k
Operating result	9901	€-12k	€2k	€-1k	€24k
Financial income	75	€5k	€6k	€7k	€0
Financial charges	65	€7k	€7k	€7k	€9k
Result before taxes	9903	€-14k	€1k	€-2k	€15k
Income taxes	67/77	-	€160	€2k	€3k
Net result for the period	9904	€-14k	€1k	€-4k	€12k
Result to be appropriated	9905	€-14k	€1k	€-4k	€12k

Directors & mandates 1 directors

Current directors & mandates

Lampole Annie
Director
State Gazette act 24414669 (10-07-2024)

Current
10-07-2024 → present

Legal Structure

NACE primary	Computer programming(62100)
Legal form	Private limited company(610)
Incorporation	28-02-1979
Status	Active
Postal code	8550

Establishment units 2 locations

Kwadepoelstraat(Z) 19E, 8550 Zwevegem

NACE 5147802

since 19792.015.843.310

Tapuitstraat 13, 8540 Deerlijk

NACE 72100

since 19802.015.843.409

Real-estate footprint Source: CBE × cadastre

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34392D0395/00W000	Flanders	1,189 m²	1 · 242 m²	4.3 m · 1 fl.
34042D0301/00B002	Flanders	498 m²	1 · 113 m²	7.6 m · 2 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

All 13Financial 2Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

27-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 27 days late

2025

31-12

Financial Weakest financial yearnet €-14k ▼1237%

Net result drops to €-14k, the lowest in the series.

04-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €1k

Net result €1k after one loss-making year.

19-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 19 days late

10-07

State Gazette act Capital & shares

JOYCE DE KETELE

2023

26-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

24-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

18-05

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

04-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 35 days late

2019

26-06

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

15-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

21-06

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

Capital history · 1

10-07-2024

Capital change

All acts · 1 updated 2 years ago

2024

10-07-2024 Capital decrease of €20,460 to €0 Capital & shares·JOYCE DE KETELE

€20.460 → €0

Notary: JOYCE DE KETELE · Zwevegem

Original publication ↗

Technical details

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    },
    {
      "kind": "statutory_reserve_release",
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    },
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      "kind": "share_split",
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        "nominal_value_eur": null,
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      },
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      "kind": "share_class_creation",
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  "notary": {
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    "firm_city": null,
    "firm_name": null,
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    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-07-10",
    "filing_date": "2024-07-08",
    "act_kind_objet": "Onderwerp akte:"
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  "decision": {
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    "act_date": "2024-07-03",
    "unanimous": null,
    "under_authorized_capital": true,
    "underlying_resolution_date": null
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0419.207.175",
    "name_full": "DEFIMAD",
    "legal_form": "BV",
    "is_foreign_registered": false
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  "publication_proxy": {
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  "co_filed_documents": [
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  "shareholders_after": [],
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      "n_shares": 400,
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}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Computer programming, consultancy and related activities62010Computer programming6210072220

Names & trade names

Legal nameNL

DEFIMAD

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