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Authentify It

Active Public limited companyfounded 2023active for 3 yearsChaussée de La Hulpe 135A, 1310 La HulpeKBO/BCE: BE 0803.059.535 #7 company by total assets in La Hulpe, Telecoms and IT sector

Lifetime

1 annual account with figures
peak -€652,246 (2024)
-€652,246 
lowest -€653,622 (2024)
-€653,622 
peak -€591,622 (2024)
-€591,622 
€2.6m 
Board2 names since 2023
2 directorsLift Holdings Aps and 1 other
Documentsfilings and deeds
05-01-2026158 days late
2024micro format
Loss of €653,622First year with figures

Key points

from the 2024 annual accounts

Equity

-€591,622
2024

Debts exceed assets in financial year 2024.

Debts

€2.6m 129% of the balance sheet
Suppliers 12%Taxes and wages 2%Other 87%

Position in the sector

-€653,622

Lower net result than 95% of companies in computer programming and consultancy. Sector median €27,605 · 20,539 companies.

2024 accounts filed 158 days after the deadlineTurnover not published (micro format)

Checked score

53
Fair
Financially stronger than 15% of small companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 1,167 companies (NACE 62, small).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4%lowest value 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.9%▲ +0.4 percentage points vs 12-2025 02-2026: 0.5%▼ -0.4 percentage points vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 1.4%▲ +0.6 percentage points vs 09-2026highest value 11-2026: 1.4%● unchanged vs 10-2026highest value

Financial strength
Weak

0equity -28.8% of total assets
40short-term debt 128.8% · cash 31.9%
0return on assets -31.9%

Score breakdown

raises risk
Capped at 59: negative equity
1 financial year not filed after the legal deadline; last filed accounts filed 158 days late; 1 of the last 3 accounts late
Figures for financial year 2024 (filed on 07-01-2026)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €2.1m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, small). It does better than 2% of them on solvency, 38% on liquidity and 4% on profitability.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 490 companies had the same profile as Authentify It has now. Each dot is one company, two years later.

88.8%
were still trading
3.9%
stopped another way
6.7%
went bankrupt
  • Small
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.6% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Authentify It itself is lower: 1.4% within 12 months. It rests on far more data about Authentify It than the profile alone.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 490 companies, not a prediction for Authentify It. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

No credit on open account

Liquidity is insufficient, with a current ratio of 0.43, below 1. Short-term debt is 128.8% and cash 31.9% of total assets. Equity is negative.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 158 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 07-01-2026)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €2.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · 2024 accounts filed 158 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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2024
158 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its 2024 accounts 158 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Board and ownership

LH
Director, since 22-06-2023
  • Olivier Julien Robert VIAUD founderdeed of 26-06-2023
  • Lift Holdings Aps 31,000 sharesdeed of 26-06-2023
  • Olivier VIAUD 31,000 sharesdeed of 26-06-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0803059535
First establishment Chaussée de Bruxelles 135 A, La Hulpe
Incorporation Founding capital of €62,000, 62,000 shares · Founders: Lift Holdings Aps and Olivier Julien Robert VIAUD · Appointments: Olivier Julien Robert VIAUD (chair of the board) and Lift Holdings Aps (vice-chair of the board) · published on 26-06-2023 · Gazette deed
All 4 events

Comparable companies

same main activity, similar in size and age
Company
Authentify It La Hulpe €2.1m -€652,246 -28.8% -
PRAESENS DEVELOPMENT Wavre €1.8m -€14,597 -5.0% -
Companion.energy Ghent €2.1m -€271,955 16.1% -
Team n Time Antwerp €2.1m -€689,633 21.9% 2.5
ARTIFICIEEL Ghent €1.6m -€16,382 73.1% -
nuclivision Ghent €2.0m -€14,470 93.3% -
VATAI Technology Etterbeek €1.5m -€765,184 -40.1% -

These companies have the same main activity as Authentify It: computer programming (NACE 62100). They are comparable in size and age: total assets between €1.5m and €2.1m, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 22-06-2023Normal situation
Activity
Computer programmingNACE 62100and 4 others
Establishment unit
2.352.490.6191310 La Hulpe, since 01-10-2023
Financial year end
31 December
Peppol
Reachable since 24-09-2026
Company details

Annual accounts 2024

€2.1m
Filing
Filed on 05-01-2026
Financials

Insights on Authentify It

Authentify It has been active since 2023 and the Belgian Official 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 5% of 20,537 sector peers (NACE 62, financial year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Authentify It

What is the company number of Authentify It?
The company number of Authentify It is 0803.059.535. The VAT number is the same number with BE in front: BE 0803.059.535.
Where is Authentify It based?
The registered office is at Chaussée de La Hulpe 135A, 1310 La Hulpe.Company details
What does Authentify It do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of Authentify It?
Authentify It is a public limited company (NV).
When was Authentify It founded?
Authentify It was founded on 22-06-2023.
Is Authentify It still active?
Yes, Authentify It is an active enterprise in the KBO register.
What is the turnover of Authentify It?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is Authentify It profitable?
In financial year 2024, Authentify It made a loss of €653,622.
Where can I find the annual accounts of Authentify It?
Authentify It filed 1 annual account with the National Bank of Belgium, for financial year 2024.

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