BANDIT
ActiveSummary
BANDIT has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6.3m and a net result of €719,477. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 80% of 143 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▲+9
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500,000 at 30 days acceptable
Liquidity ample (current ratio 6.31 against 5.29 in 2023; short-term debt: 9.4% and cash: 8.8% of total assets), and 21.9% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% 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 2024Solvency, return and age of the figures
Solvency
78.1%
Return on assets
9%
Age of the figures
21 mo
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 11-04-2025, 111 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
111 d early
2023
36 d early
2022
56 d early
2021
31 d early
2020
93 d early
2019
22 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 58 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#4 company by equity in Oudsbergen, Manufacturing sector#5 oldest company in Limburg, Computer and electronic products sector#7 company by total assets in Oudsbergen, Manufacturing sector
Equity
€6.3m▲ 11.8%
2023 · €5.6m
Total assets
€8.0m▲ 7.2%
2023 · €7.5m
Net result
€719,477▲ 365%
2023 · €154,762
Working capital
€4.0m▲ 20.9%
2023 · €3.3m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 26, Manufacture of computer, electronic and optical products, 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
Line20202021202220232024
Operating result€711,493▲ 389%€454,989▼ 36.1%€424,268▼ 6.8%€22,286▼ 94.7%€628,445▲ 2,720%
Net result€719,843above the sector's middle half▲ 281%€392,407above the sector's middle half▼ 45.5%€504,413above the sector's middle half▲ 28.5%€154,762within the sector's middle half▼ 69.3%€719,477above the sector's middle half▲ 365%
Equity€4.8mabove the sector's middle half▲ 17.7%€4.9mabove the sector's middle half▲ 3.2%€5.4mabove the sector's middle half▲ 10.2%€5.6mabove the sector's middle half▲ 2.8%€6.3mabove the sector's middle half▲ 11.8%
Total assets€6.9mabove the sector's middle half▲ 8.6%€7.0mabove the sector's middle half▲ 1.9%€7.6mabove the sector's middle half▲ 7.9%€7.5mabove the sector's middle half▼ 1.6%€8.0mabove the sector's middle half▲ 7.2%
Debt€2.1m▼ 7.5%€2.1m▼ 1.0%€2.2m▲ 2.5%€1.9m▼ 12.8%€1.8m▼ 6.4%
Working capital€2.8mabove the sector's middle half▲ 43.3%€2.9mabove the sector's middle half▲ 2.9%€3.2mabove the sector's middle half▲ 9.8%€3.3mabove the sector's middle half▲ 4.9%€4.0mabove the sector's middle half▲ 20.9%
Solvency69.3%above the sector's middle half▲ 5.4pp70.2%within the sector's middle half▲ 0.9pp71.7%above the sector's middle half▲ 1.5pp74.9%above the sector's middle half▲ 3.2pp78.1%above the sector's middle half▲ 3.2pp
Current ratio4.74above the sector's middle half▲ 1.374.27above the sector's middle half▼ 0.464.17above the sector's middle half▼ 0.105.29above the sector's middle half▲ 1.126.31above the sector's middle half▲ 1.02
Return on assets (ROA)10.4%above the sector's middle half▲ 7.5pp5.6%within the sector's middle half▼ 4.9pp6.6%within the sector's middle half▲ 1.1pp2.1%within the sector's middle half▼ 4.6pp9.0%within the sector's middle half▲ 6.9pp
Staff (FTE)18.8above the sector's middle half▼ 15.7%19.8above the sector's middle half▲ 5.3%19.9above the sector's middle half▲ 0.5%17.8above the sector's middle half▼ 10.6%17.2above the sector's middle half▼ 3.4%
above
within
below
the middle half (P25 to P75) of NACE 26, Manufacture of computer, electronic and optical products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 2,720% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.0m
Fixed assets
€3.2m ▼ 4.0%
Current assets
€4.8m ▲ 16.5%
Equity and liabilities €8.0m
Equity
€6.3m ▲ 11.8%
Debt
€1.8m ▼ 6.4%
Debt's share of the balance-sheet total falls from 25.1% to 21.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.0m▲
2023 · €372,787
Cash flow
€1.1m▲
2023 · €505,263
Quick ratio
3.77▲
2023 · 2.58
Debt to equity
0.28▼
2023 · 0.34
ROE
11.5%▲
2023 · 2.8%
Interest coverage
17.50▲
2023 · 10.24
Debt ≤ 1 year
€755,853▼
2023 · €773,413
Debt > 1 year
€939,457▼
2023 · €1.1m
Income taxes
€68,508▲
2023 · €31,912
Staff costs
€1.2m▲
2023 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 20,134 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 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €99,197 | €24,840 | €20,752 | ▼ 16.5% |
| Remuneration, social security and pensions62 | - | €941,020 | €1.1m | €1.0m | €1.2m | ▲ 17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €267,500 | €272,382 | €317,427 | €350,501 | €404,331 | ▲ 15.4% |
| Other operating charges640/8 | - | €56,818 | €61,405 | €238,001 | €56,442 | ▼ 76.3% |
| Non-recurring operating charges66A | - | - | €15,600 | €0 | - | - |
| Gross operating margin9900 | €1.9m | €1.7m | €1.9m | €1.7m | €2.3m | ▲ 39.7% |
| Operating profit (loss)9901 | €711,493 | €454,989 | €424,268 | €22,286 | €628,445 | ▲ 2,720% |
| Financial income75/76B | - | €7,456 | €101,783 | €200,801 | €218,566 | ▲ 8.8% |
| Recurring financial income75 | €150,957 | €7,456 | €101,783 | €200,801 | €218,566 | ▲ 8.8% |
| Financial charges65/66B | - | €43,370 | €31,417 | €36,412 | €59,026 | ▲ 62.1% |
| Recurring financial charges65 | €98,601 | €43,370 | €31,417 | €36,412 | €59,026 | ▲ 62.1% |
| Profit (loss) for the period before taxes9903 | €763,849 | €419,075 | €494,634 | €186,674 | €787,985 | ▲ 322% |
| Income taxes67/77 | €44,006 | €26,669 | -€9,780 | €31,912 | €68,508 | ▲ 115% |
| Profit (loss) for the period9904 | €719,843 | €392,407 | €504,413 | €154,762 | €719,477 | ▲ 365% |
| Profit (loss) for the period to be appropriated9905 | €719,843 | €392,407 | €504,413 | €154,762 | €719,477 | ▲ 365% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.9m | €7.0m | €7.6m | €7.5m | €8.0m | ▲ 7.2% |
| Fixed assets21/28 | €3.3m | €3.3m | €3.4m | €3.4m | €3.2m | ▼ 4.0% |
| Intangible fixed assets21 | €125,316 | €94,058 | €83,502 | €72,947 | €62,892 | ▼ 13.8% |
| Tangible fixed assets22/27 | €3.1m | €3.0m | €3.2m | €3.2m | €3.0m | ▼ 4.0% |
| Land and buildings22 | - | €2.4m | €2.4m | €2.3m | €2.2m | ▼ 4.3% |
| Plant, machinery and equipment23 | - | €111,910 | €180,052 | €204,738 | €222,030 | ▲ 8.4% |
| Furniture and vehicles24 | - | €2,041 | €2,696 | €7,341 | €9,125 | ▲ 24.3% |
| Leasing and similar rights25 | - | €517,741 | €571,498 | €621,133 | €575,430 | ▼ 7.4% |
| Financial fixed assets28 | €145,126 | €145,126 | €145,126 | €129,476 | €129,476 | = |
| Current assets29/58 | €3.6m | €3.8m | €4.2m | €4.1m | €4.8m | ▲ 16.5% |
| Stocks and contracts in progress3 | €1.5m | €1.5m | €2.0m | €2.1m | €1.9m | ▼ 8.2% |
| Stocks30/36 | - | €1.5m | €2.0m | €2.1m | €1.9m | ▼ 8.2% |
| Amounts receivable within one year40/41 | €579,246 | €944,353 | €1.1m | €791,104 | €896,240 | ▲ 13.3% |
| Trade receivables40 | - | €795,239 | €855,226 | €659,988 | €761,868 | ▲ 15.4% |
| Other amounts receivable41 | - | €149,113 | €206,910 | €131,116 | €134,371 | ▲ 2.5% |
| Current investments50/53 | €240,221 | €240,221 | €240,221 | €358,721 | €1.2m | ▲ 236% |
| Cash at bank and in hand54/58 | €1.2m | €1.1m | €791,919 | €808,037 | €704,949 | ▼ 12.8% |
| Deferred charges and accrued income490/1 | - | €17,686 | €53,200 | €40,465 | €39,847 | ▼ 1.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.9m | €7.0m | €7.6m | €7.5m | €8.0m | ▲ 7.2% |
| Equity10/15 | €4.8m | €4.9m | €5.4m | €5.6m | €6.3m | ▲ 11.8% |
| Contributions10/11 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Capital10 | - | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Issued capital100 | - | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Revaluation surpluses12 | - | €900,000 | €900,000 | €900,000 | €900,000 | = |
| Reserves13 | €2.7m | €2.8m | €3.3m | €3.5m | €4.1m | ▲ 19.0% |
| Non-distributable reserves130/1 | - | €122,600 | €122,600 | €122,600 | €122,600 | = |
| Legal reserve130 | - | €122,600 | €122,600 | €122,600 | €122,600 | = |
| Distributable reserves133 | - | €2.7m | €3.2m | €3.3m | €4.0m | ▲ 19.7% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | €0 | - |
| Amounts payable17/49 | €2.1m | €2.1m | €2.2m | €1.9m | €1.8m | ▼ 6.4% |
| Amounts payable after more than one year17 | €1.4m | €1.2m | €1.1m | €1.1m | €939,457 | ▼ 11.3% |
| Financial debts170/4 | - | €1.2m | €1.1m | €1.1m | €939,457 | ▼ 11.3% |
| Amounts payable within one year42/48 | €750,721 | €881,116 | €998,496 | €773,413 | €755,853 | ▼ 2.3% |
| Current portion of amounts payable after more than one year42 | - | €262,822 | €249,965 | €272,585 | €281,833 | ▲ 3.4% |
| Financial debts43 | - | - | €2,364 | €2,871 | €348 | ▼ 87.9% |
| Credit institutions430/8 | - | - | €2,364 | €2,871 | €348 | ▼ 87.9% |
| Trade debts44 | €128,919 | €365,894 | €517,995 | €262,056 | €202,486 | ▼ 22.7% |
| Suppliers440/4 | - | €365,894 | €517,995 | €262,056 | €202,486 | ▼ 22.7% |
| Taxes, remuneration and social security45 | - | €105,859 | €101,331 | €130,182 | €119,071 | ▼ 8.5% |
| Taxes450/3 | - | €45,852 | €5,685 | €6,941 | €18,253 | ▲ 163% |
| Remuneration and social security454/9 | - | €60,007 | €95,646 | €123,240 | €100,818 | ▼ 18.2% |
| Other amounts payable47/48 | - | €146,541 | €126,840 | €105,720 | €152,114 | ▲ 43.9% |
| Accrued charges and deferred income492/3 | - | €31,052 | €36,551 | €43,179 | €60,296 | ▲ 39.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €719,843 | €392,407 | €504,413 | €154,762 | €719,477 | ▲ 365% |
| + Depreciation and write-downs630 | €267,500 | €272,382 | €317,427 | €350,501 | €404,331 | ▲ 15.4% |
| Operating cash flow (approximation) | €987,343 | €664,789 | €821,840 | €505,263 | €1.1m | ▲ 122% |
| Investment in fixed assets (approximation) | - | -€193,218 | -€474,625 | -€300,459 | -€268,243 | ▲ 10.7% |
| Change in cash | - | -€136,260 | -€305,629 | €16,118 | -€103,088 | ▼ 740% |
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
26-03
State Gazette act
Resignation: Roberto Stabile (non-statutory director)Power of attorney3 facts ▸
State Gazette act
Resignation: Roberto Stabile (non-statutory director)
Power of attorney3 facts ▸
- General meeting, 05/03/2026
- Director resignation, Roberto Stabile (non-statutory director)
- Power of attorney, BV ANTWERPS BOEKHOUDKANTOOR
2025
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €154,762 ▼69.3%
Net result drops to €154,762, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €5mEq €5.4m ▲10.2%
5 profitable years in a row build equity to €5.4m.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €719,843 ▲281%
Operating result €711,493, net result €719,843, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Oudsbergen · 1 establishment unit since 1995
Ground area
3,891 m²
Building footprint
529 m²
Volume, LiDAR
2,874 m³
Parcel 71562B0920/00W004, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BANDIT
since 19952.042.287.191
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0920/00W004 | Flanders | 3,891 m² | 1 · 529 m² | 7.2 m · 2 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.
Mandate history
1 person since 2026, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Roberto Stabile |
|
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 26,043 EUR awarded · 19,793 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 10,173 EUR | 5,173 EUR |
| 2024 | 2 | 5,092 EUR | 5,092 EUR |
| 2023 | 2 | 4,224 EUR | 4,224 EUR |
| 2022 | 2 | 6,554 EUR | 5,304 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
8945004NZJQDFFH7D658
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Identification & contact
Identification
Legal formPublic limited company
Founded27-01-1989
Fiscal year end31-12
Activities, NACEBEL 2025
25620Manufacture of fabricated metal products, except machinery and equipment
26300Manufacture of computer, electronic and optical products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0436648765
Also
9925:BE0436648765
Registered
27-03-2025
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.