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Amazing IT

Active
Private limited companyfounded 200422 yrs activeNieuwpoortsesteenweg 579, 8400 Oostende, BelgiumKBO/BCE: BE 0867.006.289
Summary

Amazing IT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19,969 and a net result of €6,541. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 2834 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability83▼-3
Solvency59▲+12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.56 in 2023; short-term debt: 45.7% and cash: 3.3% of total assets), but 65.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
34.1%
Return on assets
11.2%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €19,969
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
20 d early
2023
36 d early
2022
42 d early
2021
34 d early
2020
39 d early
2019
25 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

On 31 August 2004, Amazing IT was incorporated.1 Total assets went from EUR 93,416 in 2018 to EUR 58,494 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€19,969▲ 48.7%
2023 · €13,428
Total assets
€58,494▼ 2.2%
2023 · €59,834
Net result
€6,541▼ 22.3%
2023 · €8,423
Working capital
€20,671▲ 50.9%
2023 · €13,699
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
Line20202021202220232024
Operating result€2,827▲ 30.6%-€5,643€13,624€12,874▼ 5.5%€10,113▼ 21.4%
Net result-€21▲ 98.8%-€8,294▼ 38,930%€9,891€8,423▼ 14.8%€6,541▼ 22.3%
Equity€3,408▼ 0.6%-€4,886€5,005€13,428▲ 168%€19,969▲ 48.7%
Total assets€76,396▼ 9.2%€54,326▼ 28.9%€53,647▼ 1.2%€59,834▲ 11.5%€58,494▼ 2.2%
Debt€72,988▼ 9.6%€59,212▼ 18.9%€48,641▼ 17.9%€46,406▼ 4.6%€38,525▼ 17.0%
Working capital-€6,710▲ 17.3%-€11,929▼ 77.8%-€3,048▲ 74.5%€13,699€20,671▲ 50.9%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000Operating result 2020: €2,827€2,827Net result 2020: -€21-€21Operating result 2021: -€5,643-€5,643Net result 2021: -€8,294-€8,294Operating result 2022: €13,624€13,624Net result 2022: €9,891€9,891Operating result 2023: €12,874€12,874Net result 2023: €8,423€8,423Operating result 2024: €10,113€10,113Net result 2024: €6,541€6,54120202021202220232024€0€5,000€10,000€15,000Operating result 2022: €13,624€13,600Net result 2022: €9,891€9,890Operating result 2023: €12,874€12,900Net result 2023: €8,423€8,420Operating result 2024: €10,113€10,100Net result 2024: €6,541€6,540202220232024
The operating result has fallen two years in a row; 2024 is 21% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €58,494
Fixed assets €11,065 ▼ 49.3%
Current assets €47,429 ▲ 24.8%
Equity and liabilities €58,494
Equity €19,969 ▲ 48.7%
Debt €38,525 ▼ 17.0%
Debt's share of the balance-sheet total falls from 77.6% to 65.9%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€21,915▼
2023 · €25,621
Cash flow
€18,342▼
2023 · €21,170
Current ratio
1.77▲
2023 · 1.56
Debt to equity
1.93▼
2023 · 3.46
ROE
32.8%▼
2023 · 62.7%
ROA
11.2%▼
2023 · 14.1%
Interest coverage
16.00▲
2023 · 13.34
Debt ≤ 1 year
€26,758▲
2023 · €24,309
Debt > 1 year
€3,187▼
2023 · €14,628
Income taxes
€3,686▲
2023 · €3,533
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€59,834€58,494▼
Fixed assets21/28€21,827€11,065▼
Tangible fixed assets22/27€21,827€11,065▼
Land and buildings22€13,648€6,824▼
Furniture and vehicles24€7,447€3,876▼
Other tangible fixed assets26€731€365▼
Current assets29/58€38,008€47,429▲
Amounts receivable after more than one year29-€40,000
Other amounts receivable291-€40,000
Amounts receivable within one year40/41€36,356€5,506▼
Trade receivables40€0€2,424▲
Other amounts receivable41€36,356€3,082▼
Cash at bank and in hand54/58€1,651€1,923▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€59,834€58,494▼
Equity10/15€13,428€19,969▲
Contributions10/11€18,550€18,550=
Reserves13€1,855€1,855=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€1,855€1,855=
Profit (loss) carried forward14-€6,977-€436▲
Amounts payable17/49€46,406€38,525▼
Amounts payable after more than one year17€14,628€3,187▼
Financial debts170/4€14,628€3,187▼
Amounts payable within one year42/48€24,309€26,758▲
Current portion of amounts payable after more than one year42€11,892€11,441▼
Trade debts44€1,898€3,288▲
Suppliers440/4€1,898€3,288▲
Taxes, remuneration and social security45€10,518€11,275▲
Taxes450/3€10,518€11,275▲
Other amounts payable47/48-€754
Accrued charges and deferred income492/3€7,470€8,581▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,747€11,802▼
Other operating charges640/8€1,956€1,946▼
Non-recurring operating charges66A-€17
Gross operating margin9900€27,577€23,878▼
Operating profit (loss)9901€12,874€10,113▼
Financial income75/76B€1,002€1,483▲
Recurring financial income75€1,002€1,483▲
Financial charges65/66B€1,921€1,370▼
Recurring financial charges65€1,921€1,370▼
Profit (loss) for the period before taxes9903€11,955€10,227▼
Income taxes67/77€3,533€3,686▲
Profit (loss) for the period9904€8,423€6,541▼
Profit (loss) for the period to be appropriated9905€8,423€6,541▼
Appropriation of the result
Profit (loss) to be appropriated9906-€6,977-€436▲
Profit (loss) brought forward from the previous period14P-€15,400-€6,977▲
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,924€15,268€11,784€12,747€11,802▼ 7.4%
Other operating charges640/8-€2,094€2,464€1,956€1,946▼ 0.5%
Non-recurring operating charges66A--€661-€17-
Gross operating margin9900€19,824€11,720€28,532€27,577€23,878▼ 13.4%
Operating profit (loss)9901€2,827-€5,643€13,624€12,874€10,113▼ 21.4%
Financial income75/76B-€451€573€1,002€1,483▲ 48.0%
Recurring financial income75€705€451€573€1,002€1,483▲ 48.0%
Financial charges65/66B-€2,863€2,720€1,921€1,370▼ 28.7%
Recurring financial charges65€3,321€2,863€2,720€1,921€1,370▼ 28.7%
Profit (loss) for the period before taxes9903€212-€8,055€11,476€11,955€10,227▼ 14.5%
Income taxes67/77€233€238€1,585€3,533€3,686▲ 4.4%
Profit (loss) for the period9904-€21-€8,294€9,891€8,423€6,541▼ 22.3%
Profit (loss) for the period to be appropriated9905-€21-€8,294€9,891€8,423€6,541▼ 22.3%
Line20202021202220232024Change
Assets
Total assets20/58€76,396€54,326€53,647€59,834€58,494▼ 2.2%
Fixed assets21/28€58,764€44,896€34,573€21,827€11,065▼ 49.3%
Tangible fixed assets22/27€56,561€44,896€34,573€21,827€11,065▼ 49.3%
Land and buildings22-€27,296€20,472€13,648€6,824▼ 50.0%
Furniture and vehicles24-€15,476€13,005€7,447€3,876▼ 48.0%
Other tangible fixed assets26-€2,123€1,097€731€365▼ 50.0%
Financial fixed assets28€2,204-----
Current assets29/58€17,631€9,430€19,073€38,008€47,429▲ 24.8%
Amounts receivable after more than one year29----€40,000-
Other amounts receivable291----€40,000-
Amounts receivable within one year40/41€10,748€8,400€18,547€36,356€5,506▼ 84.9%
Trade receivables40-€1,160€400€0€2,424-
Other amounts receivable41-€7,241€18,147€36,356€3,082▼ 91.5%
Cash at bank and in hand54/58€6,119€1,004€149€1,651€1,923▲ 16.4%
Deferred charges and accrued income490/1-€26€377€0--
Equity and liabilities
Total equity and liabilities10/49€76,396€54,326€53,647€59,834€58,494▼ 2.2%
Equity10/15€3,408-€4,886€5,005€13,428€19,969▲ 48.7%
Contributions10/11-€18,550€18,550€18,550€18,550=
Reserves13€1,855€1,855€1,855€1,855€1,855=
Non-distributable reserves130/1-€1,855€1,855€0--
Reserves not available under the articles1311-€1,855€1,855€0--
Distributable reserves133---€1,855€1,855=
Profit (loss) carried forward14-€16,997-€25,291-€15,400-€6,977-€436▲ 93.7%
Amounts payable17/49€72,988€59,212€48,641€46,406€38,525▼ 17.0%
Amounts payable after more than one year17€48,647€37,852€26,520€14,628€3,187▼ 78.2%
Financial debts170/4-€37,852€26,520€14,628€3,187▼ 78.2%
Amounts payable within one year42/48€24,341€21,360€22,121€24,309€26,758▲ 10.1%
Current portion of amounts payable after more than one year42-€10,795€11,332€11,892€11,441▼ 3.8%
Trade debts44€3,892€1,587€2,255€1,898€3,288▲ 73.2%
Suppliers440/4-€1,587€2,255€1,898€3,288▲ 73.2%
Taxes, remuneration and social security45-€8,978€8,534€10,518€11,275▲ 7.2%
Taxes450/3-€8,978€8,534€10,518€11,275▲ 7.2%
Other amounts payable47/48----€754-
Accrued charges and deferred income492/3---€7,470€8,581▲ 14.9%
Line20202021202220232024Change
Profit (loss) for the period9904-€21-€8,294€9,891€8,423€6,541▼ 22.3%
+ Depreciation and write-downs630€14,924€15,268€11,784€12,747€11,802▼ 7.4%
Operating cash flow (approximation)€14,903€6,974€21,675€21,170€18,342▼ 13.4%
Investment in fixed assets (approximation)--€1,399-€1,462€0-€1,040-
Change in cash--€5,115-€855€1,502€271▼ 81.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €9,891
Net result €9,891 after 3 loss-making years.
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€8,294
Net result drops to -€8,294, the lowest in the series; recovery starts the following year.
22-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
06-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing Annual accounts filed
fiscal year 2015 · 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, Oostende · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
782 m²
Building footprint
252 m²
Volume, LiDAR
3,777 m³
Parcel 35385B0042/00X002, Flanders · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Amazing IT
Nieuwpoortsesteenweg 579, 8400 OostendeNACE 7210001
since 20042.139.405.571
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35385B0042/00X002 Flanders 782 m² 1 · 252 m² 18.1 m · 5 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

Of 30,002 companies in sector 62200 we hold annual accounts for 18,394. 13,019 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
Founded31-08-2004
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
58290Other software publishing
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
86995Nutrition and dietetics services
96999Other personal services

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