ASSITEC
ActiveSummary
ASSITEC has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €500,102 and a net result of €160,812. Equity is growing by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 91% of 1913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 12.51 against 7.67 in 2023; short-term debt: 6.7% and cash: 55.4% of total assets), and 7.4% of the assets are financed with debt.
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Signals
Four 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
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92.6%
Return on assets
29.8%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 29-05-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2023
13 d early
2022
on the day
2021
9 d early
2020
6 d early
2019
8 d early
2018
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2023 is 7 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
In the rankings
#2 oldest company in Ypres, Telecoms and IT sector
Equity
€500,102▲ 47.0%
2023 · €340,123
Total assets
€540,159▲ 39.0%
2023 · €388,594
Net result
€160,812▲ 40.8%
2023 · €114,232
Working capital
€418,444▲ 29.4%
2023 · €323,459
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232025
Operating result€67,650▲ 63.3%€73,232▲ 8.3%€94,319▲ 28.8%€162,070▲ 71.8%€215,076-
Net result€54,236above the sector's middle half▲ 88.2%€50,527above the sector's middle half▼ 6.8%€69,112above the sector's middle half▲ 36.8%€114,232above the sector's middle half▲ 65.3%€160,812above the sector's middle half-
Equity€130,252within the sector's middle half▲ 8.5%€156,779above the sector's middle half▲ 20.4%€225,891above the sector's middle half▲ 44.1%€340,123above the sector's middle half▲ 50.6%€500,102above the sector's middle half-
Total assets€222,037within the sector's middle half▼ 5.5%€207,455within the sector's middle half▼ 6.6%€255,708within the sector's middle half▲ 23.3%€388,594above the sector's middle half▲ 52.0%€540,159above the sector's middle half-
Debt€91,785▼ 20.2%€50,677▼ 44.8%€29,817▼ 41.2%€48,471▲ 62.6%€40,057-
Working capital€117,491above the sector's middle half▲ 6.6%€125,664above the sector's middle half▲ 7.0%€203,918above the sector's middle half▲ 62.3%€323,459above the sector's middle half▲ 58.6%€418,444above the sector's middle half-
Solvency58.7%within the sector's middle half▲ 7.6pp75.6%within the sector's middle half▲ 16.9pp88.3%above the sector's middle half▲ 12.8pp87.5%above the sector's middle half▼ 0.8pp92.6%above the sector's middle half-
Current ratio2.60within the sector's middle half▲ 0.123.48within the sector's middle half▲ 0.887.84above the sector's middle half▲ 4.367.67above the sector's middle half▼ 0.1712.51above the sector's middle half-
Return on assets (ROA)24.4%above the sector's middle half▲ 12.2pp24.4%within the sector's middle half▼ 0.1pp27.0%above the sector's middle half▲ 2.7pp29.4%above the sector's middle half▲ 2.4pp29.8%within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €215,076 in 2025, compared with €162,070 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €540,159
Fixed assets
€85,372 ▲ 412%
Current assets
€454,787 ▲ 22.3%
Equity and liabilities €540,159
Equity
€500,102 ▲ 47.0%
Debt
€40,057 ▼ 17.4%
Debt's share of the balance-sheet total falls from 12.5% to 7.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€236,608▲
2023 · €169,648
Cash flow
€182,345▲
2023 · €121,811
Debt to equity
0.08▼
2023 · 0.14
ROE
32.2%▼
2023 · 33.6%
Interest coverage
61.32▼
2023 · 213.95
Debt ≤ 1 year
€36,343▼
2023 · €48,471
Income taxes
€60,373▲
2023 · €47,548
Staff costs
-€79▼
2023 · €24,214
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,129 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €6,405 | - | €13,300 | €0 | - |
| Remuneration, social security and pensions62 | - | €53,367 | €54,459 | €24,214 | -€79 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,985 | €25,849 | €9,142 | €7,579 | €21,532 | - |
| Other operating charges640/8 | - | €203 | €206 | €773 | €4,260 | - |
| Gross operating margin9900 | €147,706 | €152,651 | €158,126 | €194,635 | €240,790 | - |
| Operating profit (loss)9901 | €67,650 | €73,232 | €94,319 | €162,070 | €215,076 | - |
| Financial income75/76B | - | €116 | €2,348 | €503 | €9,969 | - |
| Recurring financial income75 | €11 | €116 | €557 | €503 | €9,969 | - |
| Non-recurring financial income76B | - | - | €1,791 | - | - | - |
| Financial charges65/66B | - | €1,559 | €696 | €793 | €3,859 | - |
| Recurring financial charges65 | €2,915 | €1,559 | €696 | €793 | €3,859 | - |
| Profit (loss) for the period before taxes9903 | €64,745 | €71,789 | €95,970 | €161,780 | €221,186 | - |
| Income taxes67/77 | €10,509 | €21,262 | €26,858 | €47,548 | €60,373 | - |
| Profit (loss) for the period9904 | €54,236 | €50,527 | €69,112 | €114,232 | €160,812 | - |
| Transfer from tax-exempt reserves789 | - | €37,500 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €54,236 | €88,027 | €69,112 | €114,232 | €160,812 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €222,037 | €207,455 | €255,708 | €388,594 | €540,159 | - |
| Fixed assets21/28 | €31,095 | €31,115 | €21,973 | €16,664 | €85,372 | - |
| Tangible fixed assets22/27 | €31,080 | €31,100 | €21,958 | €16,649 | €85,372 | - |
| Plant, machinery and equipment23 | - | €5,920 | €3,382 | €3,807 | €946 | - |
| Furniture and vehicles24 | - | €24,309 | €18,575 | €12,842 | €84,426 | - |
| Leasing and similar rights25 | - | €870 | - | - | - | - |
| Financial fixed assets28 | €15 | €15 | €15 | €15 | €0 | - |
| Current assets29/58 | €190,941 | €176,341 | €233,735 | €371,930 | €454,787 | - |
| Amounts receivable within one year40/41 | €29,430 | €1,926 | €1,076 | €84,432 | €66,000 | - |
| Trade receivables40 | - | - | - | €80,570 | €34,574 | - |
| Other amounts receivable41 | - | €1,926 | €1,076 | €3,862 | €31,426 | - |
| Current investments50/53 | €4,000 | €15,080 | €27,469 | €69,636 | €84,379 | - |
| Cash at bank and in hand54/58 | €157,512 | €159,195 | €203,078 | €214,676 | €299,346 | - |
| Deferred charges and accrued income490/1 | - | €140 | €2,113 | €3,186 | €5,062 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €222,037 | €207,455 | €255,708 | €388,594 | €540,159 | - |
| Equity10/15 | €130,252 | €156,779 | €225,891 | €340,123 | €500,102 | - |
| Contributions10/11 | - | €25,000 | €25,000 | €25,000 | €25,000 | - |
| Reserves13 | €105,252 | €131,779 | €200,891 | €315,123 | €475,102 | - |
| Non-distributable reserves130/1 | - | €2,500 | €2,500 | €2,500 | €0 | - |
| Reserves not available under the articles1311 | - | €2,500 | €2,500 | €2,500 | €0 | - |
| Distributable reserves133 | - | €129,279 | €198,391 | €312,623 | €475,102 | - |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €91,785 | €50,677 | €29,817 | €48,471 | €40,057 | - |
| Amounts payable after more than one year17 | €18,086 | - | - | - | - | - |
| Amounts payable within one year42/48 | €73,450 | €50,677 | €29,817 | €48,471 | €36,343 | - |
| Current portion of amounts payable after more than one year42 | - | €18,086 | €6,667 | €6,667 | €0 | - |
| Financial debts43 | - | €4 | - | - | €140 | - |
| Credit institutions430/8 | - | €4 | - | - | €140 | - |
| Trade debts44 | €8,966 | €12,029 | €10,388 | €3,539 | €9,262 | - |
| Suppliers440/4 | - | €12,029 | €10,388 | €3,539 | €9,262 | - |
| Taxes, remuneration and social security45 | - | €8,099 | €12,538 | €38,265 | €26,358 | - |
| Taxes450/3 | - | €8,099 | €9,761 | €35,487 | €22,495 | - |
| Remuneration and social security454/9 | - | - | €2,778 | €2,778 | €3,863 | - |
| Other amounts payable47/48 | - | €12,459 | €225 | - | €583 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €3,714 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,236 | €50,527 | €69,112 | €114,232 | €160,812 | - |
| + Depreciation and write-downs630 | €25,985 | €25,849 | €9,142 | €7,579 | €21,532 | - |
| Operating cash flow (approximation) | €80,221 | €76,376 | €78,254 | €121,811 | €182,345 | - |
| Investment in fixed assets (approximation) | - | -€25,868 | €0 | -€2,270 | - | - |
| Change in cash | - | €1,683 | €43,883 | €11,598 | - | - |
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
2026
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-10
Financial
Highest result since 2018net €160,812 ▲40.8%
Operating result €215,076, net result €160,812, both a record.
31-10
Financial
Equity above €500,000Eq €500,102 ▲47%
6 profitable years in a row build equity to €500,102.
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-11
Financial
Liquidity doublescurrent ratio 7.84
Current ratio from 3.48 to 7.84; short-term debt falls from €50,677 to €29,817.
30-11
Financial
Equity above €200,000Eq €225,891 ▲44.1%
4 profitable years in a row build equity to €225,891.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-11
Financial
Equity above €150,000Eq €156,779 ▲20.4%
3 profitable years in a row build equity to €156,779.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-11
Financial
Back to profitnet €28,826
Net result €28,826 after one loss-making year.
Show earlier events
30-11
Financial
Equity above €100,000Eq €120,015 ▲31.6%
Equity rises from €91,189 to €120,015.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-05
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 6 acts read
About the unread acts
We know of 6 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
6 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, Ieper · 1 establishment unit since 1994
Ground area
1,700 m²
Building footprint
193 m²
Volume, LiDAR
1,066 m³
Parcel 33303E0080/00F000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASSITEC
since 19942.068.093.943
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33303E0080/00F000indicative | Flanders | 1,700 m² | 1 · 193 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,727 companies in sector 63100 we hold annual accounts for 1,274. 817 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
Founded11-08-1994
Fiscal year end31-10
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
58290Other software publishing
62100Computer programming
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
63910Web portal activities
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
73300Public relations and communication consultancy
77110Renting and leasing of cars and light motor vehicles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453227847
Also
9925:BE0453227847
Registered
11-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.