ENTROPY
ENTROPY has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111k and a net result of €-8k. Equity is shrinking by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 2768 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €111k |
| Net result | €-8k |
| Better than sector | 95% |
| Active | 25 yrs |
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 95.2% | 62.1% | |
| Net result | €-8k | €39k | |
| Equity | €111k | €62k | |
| Gross operating margin | €31k | €62k | |
| Total assets | €116k | €121k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €-10k | €2k | €16k |
| Net profit | €-8k | €11k | €7k |
| Cash flow | €-8k | €12k | €11k |
| Staff costs | - | - | - |
| Income taxes | €22 | €8k | €4k |
| Dividends | €48k | €859 | - |
| Total assets | €116k | €189k | €198k |
| Equity | €111k | €166k | €156k |
| Debt | €6k | €23k | €42k |
| of which ≤ 1y | €3k | €21k | €42k |
| of which > 1y | - | - | - |
| Working capital | €113k | €167k | €154k |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 36.11 | 8.86 | 4.67 |
| Quick ratio | 36.11 | 8.86 | 4.67 |
| Working capital ratio | 97.2% | 88.6% | 77.8% |
| Solvency | 95.2% | 88.0% | 78.8% |
| Debt / equity | 0.05 | 0.14 | 0.27 |
| Long-term debt ratio | - | - | - |
| Interest coverage | -8.71 | 3.89 | 154.52 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -6.9% | 5.7% | 3.6% |
| ROE | -7.2% | 6.5% | 4.6% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €116k | €189k | €198k |
| Fixed assets | 21/28 | €0 | €246 | €2k |
| Tangible fixed assets | 22/27 | €0 | €246 | €2k |
| Current assets | 29/58 | €116k | €189k | €197k |
| Amounts receivable within one year | 40/41 | €45k | €85k | €37k |
| Investments | 50/53 | - | - | €94k |
| Cash & bank | 54/58 | €56k | €102k | €64k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €116k | €189k | €198k |
| Equity | 10/15 | €111k | €166k | €156k |
| Contributions / capital | 10/11 | €12k | €12k | €12k |
| Reserves | 13 | €98k | €154k | €144k |
| Amounts payable | 17/49 | €6k | €23k | €42k |
| Amounts payable within one year | 42/48 | €3k | €21k | €42k |
| Trade debts payable within one year | 44 | €741 | €359 | €15k |
| Income statement | ||||
| Gross operating margin | 9900 | €31k | €3k | €17k |
| Operating result | 9901 | €-10k | €915 | €11k |
| Financial income | 75 | €3k | €18k | - |
| Financial charges | 65 | €1k | €508 | €101 |
| Result before taxes | 9903 | €-8k | €19k | €11k |
| Income taxes | 67/77 | €22 | €8k | €4k |
| Net result for the period | 9904 | €-8k | €11k | €7k |
| Result to be appropriated | 9905 | €-8k | €11k | €7k |
| NACE primary | Computer programming(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 03-01-2001 |
| Status | Active |
| Postal code | 2650 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472B0080/00G010 | Flanders | 2,763 m² | 1 · 892 m² | 29.1 m · 3 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
08-03-2024 Change in the board of directors
Technical details
{
"events": [
{
"kind": "substantive_delegation",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "RAEKELBOOM Steven Jozef Anna",
"address": "2650 Edegem, Mechelsesteenweg 432/A001",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": "2024-01-01",
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "retroactive"
}
],
"notary": {
"name": "Caroline de BRUYN",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-08",
"filing_date": "2024-03-06",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-03-06",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0473.697.718",
"name_full": "ENTROPY",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Caroline de BRUYN",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"uitgifte van akte statutenwijziging",
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | ENTROPY |