Essential Complexity

Active

Private limited companyfounded 20197 yrs activeStationsstraat 12, 3060 Bertem, BelgiumKBO/BCE: BE 0734.848.739

Summary

Essential Complexity has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €70k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysis Watch Report Compare

Essential ComplexityActiveChecked score 70/100

Risk analysis Report Compare

Checked score

Score 2025

70 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency35▼-36

Growth58▼-20

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity tight (current ratio 1.04 against 1.74 in 2024; short-term debt: 90.1% and cash: 63.3% of total assets), and 90.1% of the assets are financed with debt.

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

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

9.9%

Return on assets

48.3%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 17090 sector peers (2025).

NBB · sector comparison

Position among 17090 sector peers

Solvency

better than 15%

← weakest strongest →

A punctual record breaks

This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 6 filings

Deviation from the deadline

2025

14 d late

2024

34 d early

2023

35 d early

2022

24 d early

2021

32 d early

2020

10 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

25-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€14k▼ 67.5%

2024 · €44k

2020: €36k 2021: €61k▲ +67.8% vs 2020 2022: €115k▲ +89.0% vs 2021highest in 6 years 2023: €16k▼ -85.8% vs 2022 2024: €44k▲ +170% vs 2023 2025: €14k▼ -67.5% vs 2024lowest in 6 years

2020 → 2025

Total assets

€145k▲ 49.8%

2024 · €97k

2020: €59klowest in 6 years 2021: €80k▲ +35.9% vs 2020 2022: €139k▲ +74.4% vs 2021 2023: €195k▲ +40.1% vs 2022highest in 6 years 2024: €97k▼ -50.3% vs 2023 2025: €145k▲ +49.8% vs 2024

2020 → 2025

Net result

€70k▲ 1.8%

2024 · €69k

2020: €35k 2021: €25k▼ -26.5% vs 2020lowest in 6 years 2022: €55k▲ +116% vs 2021 2023: €66k▲ +20.0% vs 2022 2024: €69k▲ +4.2% vs 2023 2025: €70k▲ +1.8% vs 2024highest in 6 years

2020 → 2025

Working capital

€5k▼ 86.2%

2024 · €39k

2020: €35k 2021: €58k▲ +63.1% vs 2020 2022: €111k▲ +92.8% vs 2021highest in 6 years 2023: €11k▼ -90.5% vs 2022 2024: €39k▲ +269% vs 2023 2025: €5k▼ -86.2% vs 2024lowest in 6 years

2020 → 2025

Trend over the years

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€61k-€115k▲ 89.0%€16k▼ 85.8%€44k▲ 170%€14k▼ 67.5% 2021: €61k 2022: €115k▲ +89.0% vs 2021highest in 5 years 2023: €16k▼ -85.8% vs 2022 2024: €44k▲ +170% vs 2023 2025: €14k▼ -67.5% vs 2024lowest in 5 years

Operating result€33k-€70k▲ 113%€84k▲ 19.5%€85k▲ 1.6%€94k▲ 11.3% 2021: €33klowest in 5 years 2022: €70k▲ +113% vs 2021 2023: €84k▲ +19.5% vs 2022 2024: €85k▲ +1.6% vs 2023 2025: €94k▲ +11.3% vs 2024highest in 5 years

Net result€25k-€55k▲ 116%€66k▲ 20.0%€69k▲ 4.2%€70k▲ 1.8% 2021: €25klowest in 5 years 2022: €55k▲ +116% vs 2021 2023: €66k▲ +20.0% vs 2022 2024: €69k▲ +4.2% vs 2023 2025: €70k▲ +1.8% vs 2024highest in 5 years

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2025 is 11% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €145k

93.8%

Fixed assets €9k ▲ 67.2%

Current assets €136k ▲ 48.7%

Equity and liabilities €145k

10%

90.1%

Equity €14k ▼ 67.5%

Debt €131k ▲ 148%

Debt's share of the balance-sheet total rises from 54.3% to 90.1%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€99k▲

2024 · €88k

Cash flow

€74k▲

2024 · €72k

Current ratio

1.04▼

2024 · 1.74

Debt to equity

9.09▲

2024 · 1.19

ROE

487.1%▲

2024 · 155.5%

ROA

48.3%▼

2024 · 71.0%

Interest coverage

995.35▲

2024 · 557.41

Debt ≤ 1 year

€131k▲

2024 · €53k

Income taxes

€24k▲

2024 · €18k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

As filed By statement

Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines

Balance sheet Code20242025

Assets

Total assets20/58€97k€145k▲

Fixed assets21/28€5k€9k▲

Tangible fixed assets22/27€5k€9k▲

Plant, machinery and equipment23€3k€3k▲

Furniture and vehicles24€3k€6k▲

Current assets29/58€92k€136k▲

Amounts receivable within one year40/41€28k€43k▲

Trade receivables40€28k€43k▲

Other amounts receivable41-€334

Cash at bank and in hand54/58€61k€92k▲

Deferred charges and accrued income490/1€2k€1k▼

Equity and liabilities

Total equity and liabilities10/49€97k€145k▲

Equity10/15€44k€14k▼

Contributions10/11€3k€3k=

Profit (loss) carried forward14€42k€12k▼

Amounts payable17/49€53k€131k▲

Amounts payable within one year42/48€53k€131k▲

Trade debts44€140€2k▲

Suppliers440/4€140€2k▲

Taxes, remuneration and social security45€11k€4k▼

Taxes450/3€11k€4k▼

Remuneration and social security454/9€615-

Other amounts payable47/48€41k€125k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲

Other operating charges640/8€630€690▲

Gross operating margin9900€88k€99k▲

Operating profit (loss)9901€85k€94k▲

Financial income75/76B€2k€141▼

Recurring financial income75€2k€141▼

Financial charges65/66B€157€99▼

Recurring financial charges65€157€99▼

Profit (loss) for the period before taxes9903€87k€95k▲

Income taxes67/77€18k€24k▲

Profit (loss) for the period9904€69k€70k▲

Profit (loss) for the period to be appropriated9905€69k€70k▲

Appropriation of the result

Profit (loss) to be appropriated9906€83k€112k▲

Profit (loss) brought forward from the previous period14P€14k€42k▲

Profit to be distributed694/7€41k€100k▲

Return on contributions (dividend)694€41k€100k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement

Income statement Balance sheet Cash flow

Line	2021	2022	2023	2024	2025	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€844	€1k	€2k	€3k	€4k	▲ 52.0%
Other operating charges640/8	€209	€559	€615	€630	€690	▲ 9.5%
Gross operating margin9900	€34k	€72k	€86k	€88k	€99k	▲ 12.5%
Operating profit (loss)9901	€33k	€70k	€84k	€85k	€94k	▲ 11.3%
Financial income75/76B	€0	-	€80	€2k	€141	▼ 93.7%
Recurring financial income75	€0	-	€80	€2k	€141	▼ 93.7%
Financial charges65/66B	€277	€229	€188	€157	€99	▼ 37.0%
Recurring financial charges65	€277	€229	€188	€157	€99	▼ 37.0%
Profit (loss) for the period before taxes9903	€32k	€70k	€83k	€87k	€95k	▲ 8.7%
Income taxes67/77	€7k	€15k	€17k	€18k	€24k	▲ 35.2%
Profit (loss) for the period9904	€25k	€55k	€66k	€69k	€70k	▲ 1.8%
Profit (loss) for the period to be appropriated9905	€25k	€55k	€66k	€69k	€70k	▲ 1.8%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€80k	€139k	€195k	€97k	€145k	▲ 49.8%
Fixed assets21/28	€3k	€4k	€6k	€5k	€9k	▲ 67.2%
Tangible fixed assets22/27	€3k	€4k	€6k	€5k	€9k	▲ 67.2%
Plant, machinery and equipment23	€2k	€3k	€2k	€3k	€3k	▲ 3.6%
Furniture and vehicles24	€2k	€1k	€4k	€3k	€6k	▲ 124%
Current assets29/58	€77k	€135k	€189k	€92k	€136k	▲ 48.7%
Amounts receivable within one year40/41	€22k	€28k	€30k	€28k	€43k	▲ 50.3%
Trade receivables40	€22k	€28k	€30k	€28k	€43k	▲ 49.2%
Other amounts receivable41	-	-	-	-	€334	-
Current investments50/53	-	-	€80k	-	-	-
Cash at bank and in hand54/58	€54k	€107k	€78k	€61k	€92k	▲ 49.9%
Deferred charges and accrued income490/1	€131	€223	€1k	€2k	€1k	▼ 18.3%
Equity and liabilities
Total equity and liabilities10/49	€80k	€139k	€195k	€97k	€145k	▲ 49.8%
Equity10/15	€61k	€115k	€16k	€44k	€14k	▼ 67.5%
Contributions10/11	€3k	€3k	€3k	€3k	€3k	=
Profit (loss) carried forward14	€59k	€113k	€14k	€42k	€12k	▼ 71.6%
Amounts payable17/49	€19k	€24k	€179k	€53k	€131k	▲ 148%
Amounts payable within one year42/48	€19k	€24k	€179k	€53k	€131k	▲ 148%
Trade debts44	€120	€660	€49	€140	€2k	▲ 1,169%
Suppliers440/4	€120	€660	€49	€140	€2k	▲ 1,169%
Taxes, remuneration and social security45	€11k	€23k	€14k	€11k	€4k	▼ 61.3%
Taxes450/3	€11k	€22k	€13k	€11k	€4k	▼ 59.1%
Remuneration and social security454/9	€615	€615	€615	€615	-	-
Other amounts payable47/48	€7k	€845	€165k	€41k	€125k	▲ 204%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€25k	€55k	€66k	€69k	€70k	▲ 1.8%
+ Depreciation and write-downs630	€844	€1k	€2k	€3k	€4k	▲ 52.0%
Operating cash flow (approximation)	€26k	€56k	€68k	€72k	€74k	▲ 3.6%
Investment in fixed assets (approximation)	-	€-2k	€-4k	€-2k	€-8k	▼ 252%
Change in cash	-	€53k	€-29k	€-16k	€31k	▲ 286%

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

All 9Financial 3Filings 6

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

2026

14-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 14 days late

2025

31-12

Financial Highest result since 2020net €70k ▲1.8%

Operating result €94k, net result €70k, both a record.

27-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

26-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

07-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €100kEq €115k ▲89%

3 profitable years in a row build equity to €115k.

29-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Weakest financial yearnet €25k ▼26.5%

Net result drops to €25k, the lowest in the series; recovery starts the following year.

10-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 10 days late

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Bertem · 1 establishment unit since 2019

seat establishment The establishment unit on the map

Ground area

1,612 m²

Building footprint

114 m²

Volume, LiDAR

590 m³

Parcel 24052B0378/00F000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Essential Complexity

Stationsstraat 12, 3060 BertemPublishing activities

since 20192.293.772.559

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24052B0378/00F000	Flanders	1,612 m²	1 · 114 m²	7.0 m · 2 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

Steenokkerzeel · Eq €14,402

UPLIFT & CO

BE 1026.708.871

Rixensart · Eq €14,404

Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 11,494 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

Founded24-09-2019

Fiscal year end31-12

Activities, NACEBEL 2025

62200Computer consultancy and computer facilities management

Contact

Website www.essentialcomplexity.eu

E-mail info@essentialcomplexity.eu

Scores and ratios are computed by Checked and are not a credit decision.