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Better It Improvement

Active
Private limited companyfounded 201411 yrs activeAvenue des Violettes 5, 1300 Wavre, BelgiumKBO/BCE: BE 0507.640.392
Summary

Better It Improvement has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66k and a net result of €35k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 25% of 1901 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
70 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-8
Solvency48▼-7
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.94 in 2024; short-term debt: 73.3% and cash: 41.4% of total assets), and 77.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 63
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
22.5%
Return on assets
11.8%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 11 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
6 d late
2023
11 d late
2022
28 d late
2021
28 d late
2020
28 d late
2019
29 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€66k▼ 27.7%
2024 · €91k
2019: €120k 2020: €139k 2021: €150k 2022: €160k 2023: €194k 2024: €91k
2019 → 2025
Total assets
€293k▼ 3.9%
2024 · €305k
2019: €258k 2020: €261k 2021: €252k 2022: €246k 2023: €255k 2024: €305k
2019 → 2025
Net result
€35k▼ 40.0%
2024 · €58k
2019: €47k 2020: €48k 2021: €31k 2022: €30k 2023: €34k 2024: €58k
2019 → 2025
Working capital
€-48k▼ 296%
2024 · €-12k
2019: €48k 2020: €65k 2021: €70k 2022: €74k 2023: €92k 2024: €-12k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€150k-€160k▲ 6.8%€194k▲ 21.0%€91k▼ 52.8%€66k▼ 27.7%
Operating result€41k-€42k▲ 1.4%€46k▲ 10.6%€76k▲ 64.6%€46k▼ 40.2%
Net result€31k-€30k▼ 1.8%€34k▲ 11.2%€58k▲ 71.9%€35k▼ 40.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €41k€41kNet result 2021: €31k€31kOperating result 2022: €42k€42kNet result 2022: €30k€30kOperating result 2023: €46k€46kNet result 2023: €34k€34kOperating result 2024: €76k€76kNet result 2024: €58k€58kOperating result 2025: €46k€46kNet result 2025: €35k€35k20212022202320242025€0€20k€40k€60k€80kOperating result 2023: €46k€46kNet result 2023: €34k€34kOperating result 2024: €76k€76kNet result 2024: €58k€58kOperating result 2025: €46k€46kNet result 2025: €35k€35k202320242025
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €293k
Fixed assets €127k ▲ 1.8%
Current assets €167k ▼ 7.8%
Equity and liabilities €293k
Equity €66k ▼ 27.7%
Debt €227k ▲ 6.3%
Debt's share of the balance-sheet total rises from 70.1% to 77.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€53k
2024 · €84k
Cash flow
€42k
2024 · €66k
Current ratio
0.78
2024 · 0.94
Debt to equity
3.44
2024 · 2.34
ROE
52.5%
2024 · 63.2%
ROA
11.8%
2024 · 18.9%
Interest coverage
38.30
2024 · 59.16
Debt ≤ 1 year
€215k
2024 · €193k
Debt > 1 year
€12k
2024 · €20k
Income taxes
€11k
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€305k€293k
Fixed assets21/28€124k€127k
Tangible fixed assets22/27€124k€127k
Land and buildings22€103k€100k
Plant, machinery and equipment23€654€183
Furniture and vehicles24€2k€5k
Other tangible fixed assets26€19k€22k
Current assets29/58€181k€167k
Amounts receivable within one year40/41€39k€20k
Trade receivables40€39k€18k
Other amounts receivable41-€2k
Cash at bank and in hand54/58€115k€122k
Deferred charges and accrued income490/1€27k€25k
Equity and liabilities
Total equity and liabilities10/49€305k€293k
Equity10/15€91k€66k
Contributions10/11€19k€19k=
Reserves13€19k€19k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€18k€18k=
Profit (loss) carried forward14€53k€28k
Amounts payable17/49€214k€227k
Amounts payable after more than one year17€20k€12k
Financial debts170/4€20k€12k
Amounts payable within one year42/48€193k€215k
Current portion of amounts payable after more than one year42€8k€17k
Trade debts44€1k€2k
Suppliers440/4€1k€2k
Taxes, remuneration and social security45€23k€4k
Taxes450/3€23k€4k
Other amounts payable47/48€161k€192k
Accrued charges and deferred income492/3€387€400
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k
Other operating charges640/8€2k€3k
Gross operating margin9900€86k€56k
Operating profit (loss)9901€76k€46k
Financial income75/76B€626€1k
Recurring financial income75€626€1k
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€75k€45k
Income taxes67/77€18k€11k
Profit (loss) for the period9904€58k€35k
Profit (loss) for the period to be appropriated9905€58k€35k
Appropriation of the result
Profit (loss) to be appropriated9906€213k€88k
Profit (loss) brought forward from the previous period14P€156k€53k
Profit to be distributed694/7€160k€60k
Return on contributions (dividend)694€160k€60k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
29-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
06-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
30-06
Financial Highest result since 2019net €58k ▲71.9%
Operating result €76k, net result €58k, both a record.
11-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 11 days late
2023
28-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-06
Financial Weakest financial yearnet €30k ▼1.8%
Net result drops to €30k, the lowest in the series; recovery starts the following year.
30-06
Financial Equity above €150kEq €160k ▲6.8%
4 profitable years in a row build equity to €160k.
28-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
28-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
29-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2019
28-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-02
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
28-02
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Wavre · 1 establishment unit since 2014
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Avenue des Violettes 51300 Wavre
Ground area
914 m²
Building footprint
143 m²
Volume, LiDAR
778 m³
Parcel 25055A0387/00R000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BETTER IT IMPROVEMENT
Avenue des Violettes 5, 1300 WavreRetail trade
since 20142.238.945.189
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25055A0387/00R000 Wallonia 914 m² 1 · 143 m² 7.3 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,789 companies in sector 63910 we hold annual accounts for 700. 532 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded22-12-2014
Fiscal year end30-06
Activities, NACEBEL 2025
63910Web portal activities
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

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