BIT-CARE
ActiveSummary
BIT-CARE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74,980 and a net result of €58,046. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 17239 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+6
Solvency31▲+3
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 1.79 against 0.65 in 2024; short-term debt: 6.9% and cash: 12.1% of total assets), but 94.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
5.7%
Return on assets
4.4%
Age of the figures
12 mo
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 dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 17239 sector peers (2025).
NBB · sector comparisonPosition among 17239 sector peers
Solvency
better than 12%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €74,980
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-04-2026, 4 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
4 d early
2024
107 d early
2023
28 d early
2022
21 d early
2021
30 d early
2020
35 d early
2019
31 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 37 days before 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 3 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€171,428
EBIT margin
64.2%
Net result
€58,046▲ 71.4%
2024 · €33,859
Working capital
€70,724
2024 · -€63,499
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€171,428
Operating result€70,325▼ 8.9%€93,275▲ 32.6%€67,508▼ 27.6%€58,934▼ 12.7%€110,044▲ 86.7%
Net result€48,751above the sector's middle half▼ 6.9%€65,963above the sector's middle half▲ 35.3%€43,554within the sector's middle half▼ 34.0%€33,859within the sector's middle half▼ 22.3%€58,046above the sector's middle half▲ 71.4%
EBIT margin64.2%
Equity€151,530within the sector's middle half▲ 46.3%€222,894above the sector's middle half▲ 47.1%€64,848within the sector's middle half▼ 70.9%€18,600below the sector's middle half▼ 71.3%€74,980within the sector's middle half▲ 303%
Total assets€372,565above the sector's middle half▲ 187%€442,233above the sector's middle half▲ 18.7%€414,596above the sector's middle half▼ 6.2%€710,942above the sector's middle half▲ 71.5%€1.3mabove the sector's middle half▲ 83.9%
Debt€221,034▲ 744%€219,339▼ 0.8%€349,748▲ 59.5%€692,342▲ 98.0%€1.2m▲ 78.0%
Working capital€77,638within the sector's middle half▲ 2.5%€126,492above the sector's middle half▲ 62.9%-€32,292below the sector's middle half-€63,499below the sector's middle half▼ 96.6%€70,724within the sector's middle half
Solvency40.7%within the sector's middle half▼ 39.2pp50.4%within the sector's middle half▲ 9.7pp15.6%below the sector's middle half▼ 34.8pp2.6%below the sector's middle half▼ 13.0pp5.7%below the sector's middle half▲ 3.1pp
Current ratio4.90within the sector's middle half▲ 1.005.48above the sector's middle half▲ 0.580.81below the sector's middle half▼ 4.670.65below the sector's middle half▼ 0.161.79within the sector's middle half▲ 1.14
Return on assets (ROA)13.1%within the sector's middle half▼ 27.3pp14.9%within the sector's middle half▲ 1.8pp10.5%within the sector's middle half▼ 4.4pp4.8%within the sector's middle half▼ 5.7pp4.4%within the sector's middle half▼ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 87% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€1.1m ▲ 93.2%
Current assets
€160,464 ▲ 37.0%
Equity and liabilities €1.3m
Equity
€74,980 ▲ 303%
Debt
€1.2m ▲ 78.0%
Debt's share of the balance-sheet total falls from 97.4% to 94.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€110,768▲
2024 · €59,657
Cash flow
€58,769▲
2024 · €34,583
Debt to equity
16.44▼
2024 · 37.22
ROE
77.4%▼
2024 · 182.0%
Interest coverage
5.15▼
2024 · 5.72
Debt ≤ 1 year
€89,740▼
2024 · €180,646
Debt > 1 year
€1.1m▲
2024 · €511,696
Income taxes
€30,469▲
2024 · €14,646
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,603 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
1.9%
went bankrupt
1.8%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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% | 1.8% |
| 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 1,603 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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €171,428 | - |
| Non-recurring operating income76A | - | €0 | €1,741 | €0 | €100 | ▲ 58,982% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €67,972 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,165 | €952 | €604 | €723 | €723 | = |
| Other operating charges640/8 | - | €1,065 | €2,086 | €2,163 | €1,460 | ▼ 32.5% |
| Non-recurring operating charges66A | - | - | - | €682 | €0 | ▼ 100% |
| Gross operating margin9900 | €103,121 | €95,292 | €70,198 | €62,502 | €112,227 | ▲ 79.6% |
| Operating profit (loss)9901 | €70,325 | €93,275 | €67,508 | €58,934 | €110,044 | ▲ 86.7% |
| Financial income75/76B | - | €1 | €1,245 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | €1 | €1,245 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | €3,246 | €6,453 | €10,429 | €21,529 | ▲ 106% |
| Recurring financial charges65 | €3,880 | €3,246 | €6,453 | €10,429 | €21,529 | ▲ 106% |
| Profit (loss) for the period before taxes9903 | €66,445 | €90,029 | €62,301 | €48,505 | €88,515 | ▲ 82.5% |
| Income taxes67/77 | €17,694 | €24,066 | €18,747 | €14,646 | €30,469 | ▲ 108% |
| Profit (loss) for the period9904 | €48,751 | €65,963 | €43,554 | €33,859 | €58,046 | ▲ 71.4% |
| Profit (loss) for the period to be appropriated9905 | €48,751 | €65,963 | €43,554 | €33,859 | €58,046 | ▲ 71.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €372,565 | €442,233 | €414,596 | €710,942 | €1.3m | ▲ 83.9% |
| Fixed assets21/28 | €275,000 | €287,480 | €278,069 | €593,795 | €1.1m | ▲ 93.2% |
| Tangible fixed assets22/27 | €275,000 | €287,480 | €278,069 | €593,795 | €1.1m | ▲ 93.2% |
| Land and buildings22 | - | €275,000 | €275,000 | €275,000 | €275,000 | = |
| Furniture and vehicles24 | - | €12,480 | €3,069 | €1,664 | €941 | ▼ 43.5% |
| Assets under construction and advance payments27 | - | - | - | €317,131 | €871,048 | ▲ 175% |
| Current assets29/58 | €97,565 | €154,752 | €136,527 | €117,147 | €160,464 | ▲ 37.0% |
| Amounts receivable within one year40/41 | €10,308 | €16,687 | €995 | - | €72 | - |
| Trade receivables40 | - | €145 | €985 | - | €72 | - |
| Other amounts receivable41 | - | €16,542 | €10 | - | - | - |
| Cash at bank and in hand54/58 | €86,705 | €137,577 | €134,275 | €114,983 | €158,084 | ▲ 37.5% |
| Deferred charges and accrued income490/1 | - | €489 | €1,257 | €2,165 | €2,308 | ▲ 6.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €372,565 | €442,233 | €414,596 | €710,942 | €1.3m | ▲ 83.9% |
| Equity10/15 | €151,530 | €222,894 | €64,848 | €18,600 | €74,980 | ▲ 303% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | €18,600 | €18,600 | - | - | - |
| Other1109/19 | - | €18,600 | €18,600 | - | - | - |
| Reserves13 | €136,860 | €201,860 | €46,248 | - | €56,380 | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €200,000 | €44,388 | - | €56,380 | - |
| Profit (loss) carried forward14 | €2,270 | €2,434 | - | - | €0 | - |
| Amounts payable17/49 | €221,034 | €219,339 | €349,748 | €692,342 | €1.2m | ▲ 78.0% |
| Amounts payable after more than one year17 | €201,107 | €191,078 | €180,930 | €511,696 | €1.1m | ▲ 123% |
| Financial debts170/4 | - | €191,078 | €180,930 | €381,696 | €810,733 | ▲ 112% |
| Other amounts payable178/9 | - | - | - | €130,000 | €332,000 | ▲ 155% |
| Amounts payable within one year42/48 | €19,927 | €28,261 | €168,819 | €180,646 | €89,740 | ▼ 50.3% |
| Current portion of amounts payable after more than one year42 | - | €10,029 | €10,149 | €10,270 | €30,072 | ▲ 193% |
| Financial debts43 | - | €68 | €1,578 | €106 | €168 | ▲ 58.1% |
| Credit institutions430/8 | - | €68 | €1,578 | €106 | €168 | ▲ 58.1% |
| Trade debts44 | €439 | €327 | €273 | €31,442 | €14,619 | ▼ 53.5% |
| Suppliers440/4 | - | €327 | €273 | €31,442 | €14,619 | ▼ 53.5% |
| Taxes, remuneration and social security45 | - | €17,036 | €10,990 | €18,431 | €35,313 | ▲ 91.6% |
| Taxes450/3 | - | €17,036 | €10,990 | €18,431 | €35,313 | ▲ 91.6% |
| Other amounts payable47/48 | - | €800 | €145,829 | €120,397 | €9,568 | ▼ 92.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,751 | €65,963 | €43,554 | €33,859 | €58,046 | ▲ 71.4% |
| + Depreciation and write-downs630 | €32,165 | €952 | €604 | €723 | €723 | = |
| Operating cash flow (approximation) | €80,916 | €66,915 | €44,158 | €34,583 | €58,769 | ▲ 69.9% |
| Investment in fixed assets (approximation) | - | -€13,432 | €8,807 | -€316,449 | -€553,917 | ▼ 75.0% |
| Change in cash | - | €50,872 | -€3,302 | -€19,292 | €43,101 | ▲ 323% |
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
26-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity triplescurrent ratio 1.79
Current ratio from 0.65 to 1.79; short-term debt falls from €180,646 to €89,740.
13-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €33,859 ▼22.3%
Net result drops to €33,859, the lowest in the series; recovery starts the following year.
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2019net €65,963 ▲35.3%
Net result €65,963, the highest in the series.
30-09
Financial
Equity above €200,000Eq €222,894 ▲47.1%
4 profitable years in a row build equity to €222,894.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €150,000Eq €151,530 ▲46.3%
3 profitable years in a row build equity to €151,530.
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €100,000Eq €103,579 ▲99.1%
2 profitable years in a row build equity to €103,579.
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Wortegem-Petegem · 1 establishment unit since 2018
Ground area
1.7 ha
Building footprint
79 m²
Volume, LiDAR
205 m³
2 parcels, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BIT-CARE
since 20182.274.573.883
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45039C0187/00_000 | Flanders | 1.6 ha | - | - |
| 34040C0113/00N000 | Flanders | 245 m² | 1 · 79 m² | 9.1 m · 1 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.
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Of 30,008 companies in sector 62200 we hold annual accounts for 18,400. 15,568 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-03-2018
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0692969087
Also
9925:BE0692969087
Registered
10-12-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.