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Authentify It

Active
Public limited companyfounded 20233 yrs activeChaussée de La Hulpe 135A, 1310 La Hulpe, BelgiumKBO/BCE: BE 0803.059.535
Summary

Authentify It has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€591,622) and a net result of -€653,622. Its solvency ranks better than 6% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record79
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.43; short-term debt: 128.8% and cash: 31.9% of total assets), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 →
raises risk · 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
highest failure risk from 2 to 8 years 3 years 0 10 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
-28.8%
Return on assets
-31.9%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-01-2026, 158 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2024
158 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 158 days after 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 22 June 2023, Authentify It was incorporated as a Public limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

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

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Financials · fiscal year 2024, micro schema

Equity
-€591,622
Total assets
€2.1m
Net result
-€653,622
Working capital
-€1.5m

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

Balance-sheet composition
Assets €2.1m
Fixed assets €915,055
Current assets €1.1m
Key figures and ratios
2024 value
EBITDA
-€652,246
Cash flow
-€653,001
Solvency
-28.8%
Current ratio
0.43
Debt to equity
-4.47
ROA
-31.9%
Interest coverage
-671.14
Debt
€2.6m
Debt ≤ 1 year
€2.6m
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 35 lines
Balance sheet Code2024
Assets
Total assets20/58€2.1m
Fixed assets21/28€915,055
Intangible fixed assets21€913,156
Tangible fixed assets22/27€1,632
Furniture and vehicles24€1,632
Financial fixed assets28€266
Current assets29/58€1.1m
Amounts receivable within one year40/41€483,030
Trade receivables40€418,787
Other amounts receivable41€64,243
Cash at bank and in hand54/58€654,055
Equity and liabilities
Total equity and liabilities10/49€2.1m
Equity10/15-€591,622
Contributions10/11€62,000
Capital10€62,000
Issued capital100€62,000
Profit (loss) carried forward14-€653,622
Amounts payable17/49€2.6m
Amounts payable within one year42/48€2.6m
Trade debts44€313,141
Suppliers440/4€313,141
Taxes, remuneration and social security45€41,904
Taxes450/3€41,904
Other amounts payable47/48€2.3m
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€621
Gross operating margin9900-€652,246
Operating profit (loss)9901-€652,867
Financial income75/76B€217
Recurring financial income75€217
Financial charges65/66B€972
Recurring financial charges65€972
Profit (loss) for the period before taxes9903-€653,622
Profit (loss) for the period9904-€653,622
Profit (loss) for the period to be appropriated9905-€653,622
Appropriation of the result
Profit (loss) to be appropriated9906-€653,622

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€621
Gross operating margin9900-€652,246
Operating profit (loss)9901-€652,867
Financial income75/76B€217
Recurring financial income75€217
Financial charges65/66B€972
Recurring financial charges65€972
Profit (loss) for the period before taxes9903-€653,622
Profit (loss) for the period9904-€653,622
Profit (loss) for the period to be appropriated9905-€653,622
Line2024
Assets
Total assets20/58€2.1m
Fixed assets21/28€915,055
Intangible fixed assets21€913,156
Tangible fixed assets22/27€1,632
Furniture and vehicles24€1,632
Financial fixed assets28€266
Current assets29/58€1.1m
Amounts receivable within one year40/41€483,030
Trade receivables40€418,787
Other amounts receivable41€64,243
Cash at bank and in hand54/58€654,055
Equity and liabilities
Total equity and liabilities10/49€2.1m
Equity10/15-€591,622
Contributions10/11€62,000
Capital10€62,000
Issued capital100€62,000
Profit (loss) carried forward14-€653,622
Amounts payable17/49€2.6m
Amounts payable within one year42/48€2.6m
Trade debts44€313,141
Suppliers440/4€313,141
Taxes, remuneration and social security45€41,904
Taxes450/3€41,904
Other amounts payable47/48€2.3m
Line2024
Profit (loss) for the period9904-€653,622
+ Depreciation and write-downs630€621
Operating cash flow (approximation)-€653,001

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

2026
05-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 158 days late
NBB filing
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.

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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, La Hulpe · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
5.7 ha
Building footprint
1.5 ha
Volume, LiDAR
151,788 m³
2 parcels, Wallonia · tallest building 21.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Authentify it
Chaussée de Bruxelles 135 A, 1310 La HulpeRetail trade
since 20232.352.490.619
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25050E0040/00S000
ProtectedSite or landscape
Wallonia 5.5 ha 1 · 1.5 ha 21.1 m · 3 fl.
25050F0026/00S015 Wallonia 1,650 m² 1 · 100 m² 13.9 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 16,910 companies in sector 62100 we hold annual accounts for 8,775. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded22-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
47400Retail sale of information and communication equipment
58290Other software publishing
62900Other information technology and computer services
62200Computer consultancy and computer facilities management

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