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August IT

Active
Private limited companyfounded 2024active for 1 yearFalconplein 16, 2000 Antwerpen, BelgiumKBO/BCE: BE 1018.088.838
Summary

August IT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,802 and a net result of €21,802. Its solvency ranks better than 37% of 21,059 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (21 days) Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00419848.

Equity
€24,802
Total assets
€55,952
Net result
€21,802
Working capital
€16,841

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

Balance-sheet composition
Assets €55,952
Fixed assets €7,961
Current assets €47,991
Equity and liabilities €55,952
Equity €24,802
Debt €31,149
Debt finances 55.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€33,685
Cash flow
€22,379
Current ratio
1.54
Debt to equity
1.26
ROE
87.9%
ROA
39.0%
Interest coverage
29.46
Debt ≤ 1 year
€31,149
Income taxes
€10,163

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,280 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
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€55,952
Fixed assets21/28€7,961
Tangible fixed assets22/27€7,961
Plant, machinery and equipment23€6,017
Furniture and vehicles24€1,944
Current assets29/58€47,991
Amounts receivable within one year40/41€20,184
Trade receivables40€20,184
Cash at bank and in hand54/58€25,024
Deferred charges and accrued income490/1€2,782
Equity and liabilities
Total equity and liabilities10/49€55,952
Equity10/15€24,802
Contributions10/11€3,000
Reserves13€21,802
Distributable reserves133€21,802
Amounts payable17/49€31,149
Amounts payable within one year42/48€31,149
Trade debts44€1,249
Suppliers440/4€1,249
Taxes, remuneration and social security45€16,380
Taxes450/3€16,380
Other amounts payable47/48€13,521
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€576
Other operating charges640/8€459
Gross operating margin9900€34,144
Operating profit (loss)9901€33,109
Financial charges65/66B€1,144
Recurring financial charges65€1,144
Profit (loss) for the period before taxes9903€31,965
Income taxes67/77€10,163
Profit (loss) for the period9904€21,802
Profit (loss) for the period to be appropriated9905€21,802
Appropriation of the result
Profit (loss) to be appropriated9906€21,802
Transfer to equity691/2€21,802
To other reserves6921€21,802

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

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€576
Other operating charges640/8€459
Gross operating margin9900€34,144
Operating profit (loss)9901€33,109
Financial charges65/66B€1,144
Recurring financial charges65€1,144
Profit (loss) for the period before taxes9903€31,965
Income taxes67/77€10,163
Profit (loss) for the period9904€21,802
Profit (loss) for the period to be appropriated9905€21,802
Line2025
Assets
Total assets20/58€55,952
Fixed assets21/28€7,961
Tangible fixed assets22/27€7,961
Plant, machinery and equipment23€6,017
Furniture and vehicles24€1,944
Current assets29/58€47,991
Amounts receivable within one year40/41€20,184
Trade receivables40€20,184
Cash at bank and in hand54/58€25,024
Deferred charges and accrued income490/1€2,782
Equity and liabilities
Total equity and liabilities10/49€55,952
Equity10/15€24,802
Contributions10/11€3,000
Reserves13€21,802
Distributable reserves133€21,802
Amounts payable17/49€31,149
Amounts payable within one year42/48€31,149
Trade debts44€1,249
Suppliers440/4€1,249
Taxes, remuneration and social security45€16,380
Taxes450/3€16,380
Other amounts payable47/48€13,521
Line2025
Profit (loss) for the period9904€21,802
+ Depreciation and write-downs630€576
Operating cash flow (approximation)€22,379

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 21-08-2026 2026-00419848

Similar companies · same sector, comparable size

Of the 29,864 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,795. 14,186 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.