SettinX
ActiveSummary
SettinX has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €21k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 1901 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+14
Solvency78▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.02 against 1.93 in 2024; short-term debt: 45.4% and cash: 71.9% of total assets), and 47.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 63
Relative position
BE, all sectors
reference
Sector 63
lower
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
2 d early
2023
8 d late
2022
5 d early
2021
3 d late
2020
31 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▲ 34.2%
2024 · €63k
2019: €20k
2020: €31k
2021: €41k
2022: €54k
2023: €59k
2024: €63k
2019 → 2025
Total assets
€160k▲ 23.3%
2024 · €129k
2019: €61k
2020: €78k
2021: €93k
2022: €122k
2023: €143k
2024: €129k
2019 → 2025
Net result
€21k▲ 510%
2024 · €4k
2019: €8k
2020: €10k
2021: €10k
2022: €13k
2023: €5k
2024: €4k
2019 → 2025
Working capital
€74k▲ 36.5%
2024 · €54k
2019: €16k
2020: €27k
2021: €39k
2022: €44k
2023: €51k
2024: €54k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€54k▲ 32.3%€59k▲ 9.4%€63k▲ 5.9%€84k▲ 34.2%
Operating result€18k-€12k▼ 32.3%€8k▼ 36.3%€6k▼ 26.2%€30k▲ 445%
Net result€10k-€13k▲ 28.5%€5k▼ 61.5%€4k▼ 31.0%€21k▲ 510%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 445% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €160k
Fixed assets
€13k ▼ 24.0%
Current assets
€146k ▲ 30.8%
Equity and liabilities €160k
Equity
€84k ▲ 34.2%
Debt
€75k ▲ 13.1%
Debt's share of the balance-sheet total falls from 51.5% to 47.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€38k▲
2024 · €13k
Cash flow
€28k▲
2024 · €10k
Current ratio
2.02▲
2024 · 1.93
Quick ratio
1.75▼
2024 · 1.82
Debt to equity
0.90▼
2024 · 1.06
ROE
25.5%▲
2024 · 5.6%
ROA
13.4%▲
2024 · 2.7%
Interest coverage
91.22▲
2024 · 29.14
Debt ≤ 1 year
€73k▲
2024 · €58k
Debt > 1 year
€3k▼
2024 · €9k
Income taxes
€9k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€129k€160k▲
Fixed assets21/28€18k€13k▼
Tangible fixed assets22/27€18k€13k▼
Furniture and vehicles24€16k€9k▼
Other tangible fixed assets26€1k€4k▲
Current assets29/58€112k€146k▲
Stocks and contracts in progress3€7k€19k▲
Stocks30/36€7k€19k▲
Amounts receivable within one year40/41€29k€8k▼
Trade receivables40€28k€8k▼
Other amounts receivable41€682€682=
Current investments50/53€1k€1k=
Cash at bank and in hand54/58€74k€115k▲
Deferred charges and accrued income490/1€966€3k▲
Equity and liabilities
Total equity and liabilities10/49€129k€160k▲
Equity10/15€63k€84k▲
Contributions10/11€19k€19k=
Reserves13€44k€66k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€42k€64k▲
Amounts payable17/49€67k€75k▲
Amounts payable after more than one year17€9k€3k▼
Financial debts170/4€9k€3k▼
Amounts payable within one year42/48€58k€73k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€22k€28k▲
Suppliers440/4€22k€28k▲
Taxes, remuneration and social security45€9k€19k▲
Taxes450/3€9k€17k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€21k€20k▼
Accrued charges and deferred income492/3€200€24▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€2k€629▼
Gross operating margin9900€15k€38k▲
Operating profit (loss)9901€6k€30k▲
Financial income75/76B€28€334▲
Recurring financial income75€28€334▲
Financial charges65/66B€429€411▼
Recurring financial charges65€429€411▼
Profit (loss) for the period before taxes9903€5k€30k▲
Income taxes67/77€2k€9k▲
Profit (loss) for the period9904€4k€21k▲
Profit (loss) for the period to be appropriated9905€4k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€21k▲
Transfer to equity691/2€4k€21k▲
To the legal reserve6920-€21k
To other reserves6921€4k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €21k ▲510%
Operating result €30k, net result €21k, both a record.
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €4k ▼31%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
2023
08-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-10
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 2 acts read
About the unread acts
We know of 2 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
2 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, Bilzen-Hoeselt · 1 establishment unit since 2014
Ground area
230 m²
Building footprint
105 m²
Volume, LiDAR
731 m³
Parcel 73005A0339/00C002, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Nijverheidsstraat 4, 3740 Bilzen-Hoeselt
since 20142.228.173.835
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73005A0339/00C002 | Flanders | 230 m² | 1 · 105 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
B-Mai
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ISISMART
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VersaSense
BE 0652.964.408
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Sensify Technologies
BE 0807.166.296
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SOLISYS
BE 0886.218.130
Courcelles · Eq €84,848
Of 2,725 companies in sector 63100 we hold annual accounts for 1,271. 983 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2014
Fiscal year end31-03
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.