BILLIT
ActiveSummary
BILLIT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.7m and a net result of -€882,680. Equity is growing by ~105.1% per year across the filed fiscal years. Its solvency ranks better than 28% of 483 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-89
Solvency43▼-52
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 2.96 against 1.75 in 2024; short-term debt: 24.3% and cash: 45.5% of total assets), but 81.6% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.4%
Return on assets
-9.6%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-04-2026, 102 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
102 d early
2024
34 d early
2023
64 d early
2022
125 d early
2021
32 d early
2020
120 d early
2019
109 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 84 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 fastest grower in Ghent, Telecoms and IT sector#5 employer in East Flanders, Computing infrastructure and information services sector
Equity
€1.7m▼ 34.1%
2024 · €2.6m
Total assets
€9.2m▲ 151%
2024 · €3.7m
Net result
-€882,680
2024 · €1.9m
Working capital
€4.4m▲ 475%
2024 · €764,126
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, 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
Line20212022202320242025
Operating result€93,774▲ 74.2%€701,390▲ 648%€938,837▲ 33.9%€2.3m▲ 146%-€545,920
Net result€23,513within the sector's middle half▼ 7.8%€446,923above the sector's middle half▲ 1,801%€729,563above the sector's middle half▲ 63.2%€1.9mabove the sector's middle half▲ 157%-€882,680below the sector's middle half
Equity€94,829within the sector's middle half▲ 33.0%€541,752within the sector's middle half▲ 471%€971,315above the sector's middle half▲ 79.3%€2.6mabove the sector's middle half▲ 166%€1.7mabove the sector's middle half▼ 34.1%
Total assets€665,364within the sector's middle half▲ 65.0%€1.4mwithin the sector's middle half▲ 103%€2.1mwithin the sector's middle half▲ 52.8%€3.7mabove the sector's middle half▲ 78.3%€9.2mabove the sector's middle half▲ 151%
Debt€570,534▲ 71.8%€809,379▲ 41.9%€1.1m▲ 35.0%€1.1m▲ 0.2%€7.5m▲ 588%
Working capital-€206,701▼ 31,866%€29,779-€165,723€764,126€4.4m▲ 475%
Solvency14.3%below the sector's middle half▼ 3.4pp40.1%within the sector's middle half▲ 25.8pp47.1%within the sector's middle half▲ 7.0pp70.3%within the sector's middle half▲ 23.2pp18.4%within the sector's middle half▼ 51.8pp
Staff (FTE)14.3above the sector's middle half▲ 52.1%18above the sector's middle half▲ 25.9%21.9above the sector's middle half▲ 21.7%24.5above the sector's middle half▲ 11.9%38.4above the sector's middle half▲ 56.7%
above
within
below
the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €545,920 after €2.3m in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.2m
Fixed assets
€2.6m ▲ 37.1%
Current assets
€6.6m ▲ 272%
Equity and liabilities €9.2m
Equity
€1.7m ▼ 34.1%
Provisions
€8,672
Debt
€7.5m ▲ 588%
Debt's share of the balance-sheet total rises from 29.7% to 81.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€171,740▼
2024 · €2.7m
Cash flow
-€165,020▼
2024 · €2.3m
Current ratio
2.96▲
2024 · 1.75
Debt to equity
4.42▲
2024 · 0.42
ROE
-51.8%▼
2024 · 72.4%
ROA
-9.6%▼
2024 · 50.9%
Interest coverage
0.47▼
2024 · 13.54
Debt ≤ 1 year
€2.2m▲
2024 · €1.0m
Debt > 1 year
€60,542▼
2024 · €70,721
Income taxes
-€31,889▼
2024 · €247,534
Staff costs
€3.5m▲
2024 · €2.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,419 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a small loss
0.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 1,419 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €9,927 | - |
| Remuneration, social security and pensions62 | €811,887 | €1.2m | €1.6m | €2.0m | €3.5m | ▲ 76.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €57,975 | €115,850 | €232,967 | €415,710 | €717,660 | ▲ 72.6% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €8,672 | - |
| Other operating charges640/8 | €5,552 | €8,559 | €9,539 | €8,338 | €8,750 | ▲ 4.9% |
| Non-recurring operating charges66A | - | €1,542 | - | - | €1,167 | - |
| Gross operating margin9900 | €969,188 | €2.0m | €2.8m | €4.7m | €3.7m | ▼ 22.3% |
| Operating profit (loss)9901 | €93,774 | €701,390 | €938,837 | €2.3m | -€545,920 | ▼ 124% |
| Financial income75/76B | €1,985 | €5,903 | €3,491 | €7,626 | €262 | ▼ 96.6% |
| Recurring financial income75 | €1,985 | €5,903 | €3,491 | €7,626 | €262 | ▼ 96.6% |
| Financial charges65/66B | €45,040 | €66,683 | €153,121 | €201,586 | €368,911 | ▲ 83.0% |
| Recurring financial charges65 | €45,040 | €66,683 | €153,121 | €201,586 | €368,911 | ▲ 83.0% |
| Profit (loss) for the period before taxes9903 | €50,719 | €640,610 | €789,207 | €2.1m | -€914,569 | ▼ 143% |
| Income taxes67/77 | €27,205 | €193,687 | €59,644 | €247,534 | -€31,889 | ▼ 113% |
| Profit (loss) for the period9904 | €23,513 | €446,923 | €729,563 | €1.9m | -€882,680 | ▼ 147% |
| Profit (loss) for the period to be appropriated9905 | €23,513 | €446,923 | €729,563 | €1.9m | -€882,680 | ▼ 147% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €665,364 | €1.4m | €2.1m | €3.7m | €9.2m | ▲ 151% |
| Fixed assets21/28 | €342,907 | €614,388 | €1.3m | €1.9m | €2.6m | ▲ 37.1% |
| Intangible fixed assets21 | €208,914 | €290,151 | €868,340 | €1.5m | €2.0m | ▲ 36.8% |
| Tangible fixed assets22/27 | €126,163 | €323,986 | €381,859 | €426,117 | €580,611 | ▲ 36.3% |
| Plant, machinery and equipment23 | €6,475 | €12,511 | €22,948 | €47,280 | €80,719 | ▲ 70.7% |
| Furniture and vehicles24 | €119,688 | €237,114 | €272,978 | €296,370 | €247,116 | ▼ 16.6% |
| Other tangible fixed assets26 | - | €74,362 | €85,933 | €82,468 | €252,776 | ▲ 207% |
| Financial fixed assets28 | €7,830 | €250 | €250 | - | €9,155 | - |
| Current assets29/58 | €322,457 | €736,743 | €813,900 | €1.8m | €6.6m | ▲ 272% |
| Amounts receivable within one year40/41 | €120,623 | €182,663 | €393,350 | €556,725 | €2.3m | ▲ 310% |
| Trade receivables40 | €120,623 | €182,663 | €393,350 | €501,992 | €1.9m | ▲ 271% |
| Other amounts receivable41 | - | - | - | €54,733 | €418,500 | ▲ 665% |
| Cash at bank and in hand54/58 | €181,912 | €516,157 | €364,616 | €1.2m | €4.2m | ▲ 257% |
| Deferred charges and accrued income490/1 | €19,921 | €37,923 | €55,934 | €53,316 | €156,559 | ▲ 194% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €665,364 | €1.4m | €2.1m | €3.7m | €9.2m | ▲ 151% |
| Equity10/15 | €94,829 | €541,752 | €971,315 | €2.6m | €1.7m | ▼ 34.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €61,500 | €61,500 | = |
| Capital10 | - | - | - | €61,500 | €61,500 | = |
| Issued capital100 | - | - | - | €61,500 | €61,500 | = |
| Reserves13 | €76,229 | €523,152 | €952,715 | €2.5m | €1.6m | ▼ 35.0% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €6,150 | €6,150 | = |
| Legal reserve130 | - | - | - | €6,150 | €6,150 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | €74,369 | €521,292 | €950,855 | €2.5m | €1.6m | ▼ 35.0% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Provisions and deferred taxes16 | - | - | - | - | €8,672 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €8,672 | - |
| Pensions and similar obligations160 | - | - | - | - | €8,672 | - |
| Amounts payable17/49 | €570,534 | €809,379 | €1.1m | €1.1m | €7.5m | ▲ 588% |
| Amounts payable after more than one year17 | €41,376 | €68,345 | €52,645 | €70,721 | €60,542 | ▼ 14.4% |
| Financial debts170/4 | €41,376 | €68,345 | €52,645 | €70,721 | €60,542 | ▼ 14.4% |
| Amounts payable within one year42/48 | €529,158 | €706,964 | €979,623 | €1.0m | €2.2m | ▲ 120% |
| Current portion of amounts payable after more than one year42 | €49,376 | €87,449 | €82,634 | €53,781 | €55,046 | ▲ 2.4% |
| Financial debts43 | €110,000 | - | - | - | - | - |
| Credit institutions430/8 | €110,000 | - | - | - | - | - |
| Trade debts44 | €161,963 | €213,362 | €390,902 | €364,591 | €1.1m | ▲ 189% |
| Suppliers440/4 | €161,963 | €213,362 | €390,902 | €364,591 | €1.1m | ▲ 189% |
| Taxes, remuneration and social security45 | €207,819 | €406,153 | €506,087 | €605,930 | €1.1m | ▲ 88.2% |
| Taxes450/3 | €100,908 | €255,773 | €280,035 | €359,991 | €639,015 | ▲ 77.5% |
| Remuneration and social security454/9 | €106,911 | €150,379 | €226,052 | €245,939 | €501,175 | ▲ 104% |
| Accrued charges and deferred income492/3 | - | €34,069 | €60,766 | - | €5.2m | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,513 | €446,923 | €729,563 | €1.9m | -€882,680 | ▼ 147% |
| + Depreciation and write-downs630 | €57,975 | €115,850 | €232,967 | €415,710 | €717,660 | ▲ 72.6% |
| Operating cash flow (approximation) | €81,488 | €562,773 | €962,530 | €2.3m | -€165,020 | ▼ 107% |
| Investment in fixed assets (approximation) | - | -€387,331 | -€869,027 | -€1.1m | -€1.4m | ▼ 34.3% |
| Change in cash | - | €334,245 | -€151,541 | €813,771 | €3.0m | ▲ 272% |
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
Next filing, fiscal year 2026, expected by
2026
20-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€882,680
Net result drops to -€882,680, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €1.9m ▲157%
Operating result €2.3m, net result €1.9m, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.75
Current ratio from 0.83 to 1.75.
31-12
Financial
Equity above €2mEq €2.6m ▲166%
7 profitable years in a row build equity to €2.6m.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €500,000Eq €541,752 ▲471%
5 profitable years in a row build equity to €541,752.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
15-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Gent · 1 establishment unit since 2018
Ground area
1,619 m²
Building footprint
1,590 m²
Volume, LiDAR
9,034 m³
Parcel 44807G0728/02L013, Flanders · tallest building 18.6 m, ±1 floor. Linked by address, not a title deed.
130
companies at this address
See who is registered here
1 establishment unit
Billit
since 20182.285.226.760
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0728/02L013 | Flanders | 1,619 m² | 1 · 1,590 m² | 18.6 m · 1 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.
Structure & network
Owners and holdings
1 ownerChain of control
- Billit Holding
- BILLIT
Highest known parent: Billit Holding. The sources do not say who stands above it.
Owners 1
- Billit HoldingparentSourceown accounts 2025100%
Holdings 0
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of BILLIT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 12,465 EUR awarded · 12,465 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,500 EUR | 7,500 EUR |
| 2024 | 1 | 2,730 EUR | 4,395 EUR |
| 2023 | 1 | 2,235 EUR | 570 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
875500V1E3XS0E7O7J64
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Of 2,727 companies in sector 63100 we hold annual accounts for 1,271. 509 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-09-2014
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0563846944
Also
9925:BE0563846944
Registered
31-10-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.