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BIT4YOU

Judicial reorganisation1 interim measure
Public limited companyfounded 20188 yrs activeSylvain Dupuislaan 233, 1070 Anderlecht, BelgiumKBO/BCE: BE 0691.780.343
Summary

The file of BIT4YOU contains 1 interim measure and 1 judicial reorganisation, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€960,657) and a net result of €3.9m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 4235 sector peers (fiscal year 2025).

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
French-language Enterprise Court of Brussels
Opened
19 July 2023
Track
Reorganisation by transfer under court supervision
Docket number
20230074
Moratorium until
24 January 2024 (passed; an extension would be in a later judgment)
Delegated judge
Leon Niessen
Official Gazette
27-07-2023 (pdf) ↗search the document for 2023/130036

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. A court officer sells the business or part of it; creditors are paid from the proceeds, according to their ranking.
  3. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  4. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Checked score

Score 2025
44 / 100
Weak
An ongoing judicial reorganisation from the Belgian State Gazette caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+81
Solvency0▼-12
Growth72=
Track record40
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity ample (current ratio 1.98 against 0.99 in 2024; short-term debt: 50.3% and cash: 98.9% of total assets), but equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 4235 sector peers (2025).
NBB · sector comparison
Position among 4235 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · Interim administration
1 publication(s) on interim administration in the Belgisch Staatsblad. An early signal, not a finding of bankruptcy.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filings
Deviation from the deadline
2025
20 d late
2024
31 d late
2023
27 d early
2022
148 d late
2021
57 d late
2020
11 d late
2019
80 d late
← 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 46 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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. Usually files around 31 August (4 of the last 5 filed years within 57 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

BIT4YOU was incorporated on 6 March 2018.1 Revenue grew from EUR 173 million in 2020 to EUR 333 million in 2022 and headcount from 1 full-time equivalents in 2020 to 3.5 in 2023.2 A judicial reorganisation was opened on 19 July 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020, 2022 and 2023
  3. 3Belgian State Gazette, 27-07-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover
€332.9m▼ 81.4%
2021 · €1.79bn
EBIT margin
-0.7%▼ 0.7pp
2021 · 0.0%
Net result
€3.9m▲ 39,290%
2024 · €9,884
Working capital
€1.1m
2024 · -€350,290
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Turnover€1.79bn▲ 935%€332.9m▼ 81.4%
Operating result€61,538▼ 14.5%-€2.4m-€1.6m▲ 33.0%-€355,824▲ 77.9%-€458,834▼ 28.9%
Net result-€38,180below the sector's middle half-€2.4mbelow the sector's middle half▼ 6,167%-€2.2mbelow the sector's middle half▲ 6.8%€9,884within the sector's middle half€3.9mabove the sector's middle half▲ 39,290%
EBIT margin0.0%=-0.7%▼ 0.7pp
Equity-€240,157below the sector's middle half▼ 18.9%-€2.6mbelow the sector's middle half▼ 996%-€4.9mbelow the sector's middle half▼ 84.7%-€4.9mbelow the sector's middle half▲ 0.2%-€960,657below the sector's middle half▲ 80.2%
Total assets€4.3mabove the sector's middle half▲ 643%€427,895within the sector's middle half▼ 90.0%€185,172below the sector's middle half▼ 56.7%€37.0mabove the sector's middle half▲ 19,892%€2.2mwithin the sector's middle half▼ 94.0%
Debt€4.5m▲ 481%€3.1m▼ 32.2%€5.0m▲ 65.0%€41.9m▲ 729%€3.1m▼ 92.5%
Working capital€5,735within the sector's middle half▼ 98.5%€269,332within the sector's middle half▲ 4,596%-€364,131below the sector's middle half-€350,290below the sector's middle half▲ 3.8%€1.1mabove the sector's middle half
Solvency-5.6%below the sector's middle half▲ 29.5pp-615.3%below the sector's middle half▼ 609.7pp-13.1%below the sector's middle half-43.2%below the sector's middle half▼ 30.1pp
Current ratio1.00below the sector's middle half▼ 5.203.07above the sector's middle half▲ 2.070.33below the sector's middle half▼ 2.740.99within the sector's middle half▲ 0.661.98within the sector's middle half▲ 0.99
Return on assets (ROA)-0.9%below the sector's middle half▼ 11.3pp-559.1%below the sector's middle half▼ 558.3pp0.0%within the sector's middle half175.0%above the sector's middle half▲ 175.0pp
Staff (FTE)3within the sector's middle half▲ 200%3.9within the sector's middle half▲ 30.0%3.5within the sector's middle half▼ 10.3%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€4.0m-€2.0m€0€2.0m€4.0mOperating result 2021: €61,538€61,538Net result 2021: -€38,180-€38,180Operating result 2022: -€2.4m-€2.4mNet result 2022: -€2.4m-€2.4mOperating result 2023: -€1.6m-€1.6mNet result 2023: -€2.2m-€2.2mOperating result 2024: -€355,824-€355,824Net result 2024: €9,884€9,884Operating result 2025: -€458,834-€458,834Net result 2025: €3.9m€3.9m20212022202320242025-€4m-€2m€0€2m€4mOperating result 2023: -€1.6m-€1.6mNet result 2023: -€2.2m-€2.2mOperating result 2024: -€355,824-€356,000Net result 2024: €9,884€9,880Operating result 2025: -€458,834-€459,000Net result 2025: €3.9m€3.9m202320242025
The operating result stays negative: a loss of €458,834 in 2025 against €355,824 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets €3,000 =
Current assets €2.2m ▼ 94.0%
Key figures and ratios
2025 value · change against 2024
Quick ratio
1.98▲
2024 · 0.99
Debt to equity
-3.25▲
2024 · -8.63
Debt ≤ 1 year
€1.1m▼
2024 · €37.4m
Debt > 1 year
€2.0m▼
2024 · €4.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€37.0m€2.2m▼
Fixed assets21/28€3,000€3,000=
Financial fixed assets28€3,000€3,000=
Current assets29/58€37.0m€2.2m▼
Stocks and contracts in progress3€58,760€43▼
Stocks30/36€58,760€43▼
Amounts receivable within one year40/41€20,374€20,374=
Trade receivables40€20,374€20,374=
Cash at bank and in hand54/58€23.1m€2.2m▼
Deferred charges and accrued income490/1€13.8m-
Equity and liabilities
Total equity and liabilities10/49€37.0m€2.2m▼
Equity10/15-€4.9m-€960,657▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Profit (loss) carried forward14-€4.9m-€1.0m▲
Provisions and deferred taxes16-€65,592
Provisions for liabilities and charges160/5-€65,592
Other liabilities and charges164/5-€65,592
Amounts payable17/49€41.9m€3.1m▼
Amounts payable after more than one year17€4.5m€2.0m▼
Financial debts170/4€4.5m€2.0m▼
Amounts payable within one year42/48€37.4m€1.1m▼
Trade debts44€335,122€108,434▼
Suppliers440/4€335,122€108,434▼
Taxes, remuneration and social security45€101,182€295▼
Taxes450/3€74,443€295▼
Remuneration and social security454/9€26,739-
Other amounts payable47/48€36.9m€1.0m▼
Income statement Code20242025
Remuneration, social security and pensions62€3,634-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,957-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€65,592
Other operating charges640/8€969€19▼
Gross operating margin9900-€347,264-€393,223▼
Operating profit (loss)9901-€355,824-€458,834▼
Financial income75/76B€371,000€4.4m▲
Recurring financial income75€371,000€2.3m▲
Non-recurring financial income76B-€2.0m
Financial charges65/66B€5,293€669▼
Recurring financial charges65€5,293€669▼
Profit (loss) for the period before taxes9903€9,884€3.9m▲
Profit (loss) for the period9904€9,884€3.9m▲
Profit (loss) for the period to be appropriated9905€9,884€3.9m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€4.9m-€1.0m▲
Profit (loss) brought forward from the previous period14P-€4.9m-€4.9m▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€1.79bn€332.9m----
Non-recurring operating income76A-€3,802----
Goods, raw materials, services and sundry goods60/61€1.79bn€333.8m----
Remuneration, social security and pensions62€113,932€182,629€125,553€3,634--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64,986€348,797€9,736€3,957--
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€6,821----
Provisions for liabilities and charges: additions (uses and reversals)635/8----€65,592-
Other operating charges640/8€256€13,240€5,983€969€19▼ 98.1%
Non-recurring operating charges66A-€1.0m----
Gross operating margin9900€240,711-€821,793-€1.5m-€347,264-€393,223▼ 13.2%
Operating profit (loss)9901€61,538-€2.4m-€1.6m-€355,824-€458,834▼ 28.9%
Financial income75/76B€165€69,919-€371,000€4.4m▲ 1,073%
Recurring financial income75€165€69,919-€371,000€2.3m▲ 532%
Non-recurring financial income76B----€2.0m-
Financial charges65/66B€98,369€61,727€621,989€5,293€669▼ 87.4%
Recurring financial charges65€98,369€61,727€28,987€5,293€669▼ 87.4%
Non-recurring financial charges66B--€593,002---
Profit (loss) for the period before taxes9903-€36,666-€2.4m-€2.2m€9,884€3.9m▲ 39,290%
Income taxes67/77€1,514€697€294---
Profit (loss) for the period9904-€38,180-€2.4m-€2.2m€9,884€3.9m▲ 39,290%
Profit (loss) for the period to be appropriated9905-€38,180-€2.4m-€2.2m€9,884€3.9m▲ 39,290%
Line20212022202320242025Change
Assets
Total assets20/58€4.3m€427,895€185,172€37.0m€2.2m▼ 94.0%
Formation expenses20€2,103€0----
Fixed assets21/28€1.4m€28,444€6,957€3,000€3,000=
Intangible fixed assets21€1.4m€0----
Tangible fixed assets22/27€19,893€17,646€3,957---
Furniture and vehicles24€19,893€17,646€3,957---
Financial fixed assets28€10,798€10,798€3,000€3,000€3,000=
Current assets29/58€2.9m€399,451€178,216€37.0m€2.2m▼ 94.0%
Stocks and contracts in progress3--€54,180€58,760€43▼ 99.9%
Stocks30/36--€54,180€58,760€43▼ 99.9%
Amounts receivable within one year40/41€16,867€712€21,086€20,374€20,374=
Trade receivables40€10,071-€20,374€20,374€20,374=
Other amounts receivable41€6,796€712€712---
Cash at bank and in hand54/58€2.8m€396,498€102,950€23.1m€2.2m▼ 90.5%
Deferred charges and accrued income490/1€111,166€2,241-€13.8m--
Equity and liabilities
Total equity and liabilities10/49€4.3m€427,895€185,172€37.0m€2.2m▼ 94.0%
Equity10/15-€240,157-€2.6m-€4.9m-€4.9m-€960,657▲ 80.2%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10€62,000€62,000€62,000€62,000€62,000=
Issued capital100€62,000€62,000€62,000€62,000€62,000=
Profit (loss) carried forward14-€302,157-€2.7m-€4.9m-€4.9m-€1.0m▲ 79.2%
Provisions and deferred taxes16----€65,592-
Provisions for liabilities and charges160/5----€65,592-
Other liabilities and charges164/5----€65,592-
Amounts payable17/49€4.5m€3.1m€5.0m€41.9m€3.1m▼ 92.5%
Amounts payable after more than one year17€1.6m€2.9m€4.5m€4.5m€2.0m▼ 55.6%
Financial debts170/4€1.6m€2.9m€4.5m€4.5m€2.0m▼ 55.6%
Amounts payable within one year42/48€2.9m€130,120€542,346€37.4m€1.1m▼ 97.0%
Trade debts44€2.8m€63,192€446,846€335,122€108,434▼ 67.6%
Suppliers440/4€2.8m€63,192€446,846€335,122€108,434▼ 67.6%
Taxes, remuneration and social security45€51,020€64,995€93,733€101,182€295▼ 99.7%
Taxes450/3€37,739€36,746€70,629€74,443€295▼ 99.6%
Remuneration and social security454/9€13,281€28,249€23,104€26,739--
Other amounts payable47/48€2,149€1,933€1,768€36.9m€1.0m▼ 97.3%
Line20212022202320242025Change
Profit (loss) for the period9904-€38,180-€2.4m-€2.2m€9,884€3.9m▲ 39,290%
+ Depreciation and write-downs630€64,986€348,797€9,736€3,957--
Operating cash flow (approximation)€26,806-€2.0m-€2.2m€13,840€3.9m▲ 28,029%
Investment in fixed assets (approximation)-€1.0m€11,751€0€0-
Change in cash--€2.4m-€293,548€23.0m-€20.9m▼ 191%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 20 days late
2025
31-12
Financial Highest result since 2018net €3.9m ▲39,290%
Net result €3.9m, the highest in the series.
31-12
Financial Liquidity doublescurrent ratio 1.98
Current ratio from 0.99 to 1.98; short-term debt falls from €37.4m to €1.1m.
31-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 31 days late
2024
31-12
Financial Back to profitnet €9,884
Net result €9,884 after 3 loss-making years.
04-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
26-12
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 148 days late
24-08
Interim measure Provisional administrator
Tribunal de l’entreprise francophone de Bruxelles · Nicholas Ouchinsky · event 14-08-2023
27-07
Judicial reorganisation Opening
Tribunal de l’entreprise francophone de Bruxelles · court-supervised transfer · event 19-07-2023
2022
31-12
Financial Weakest financial yearnet -€2.4m
Net result drops to -€2.4m, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity triplescurrent ratio 3.07
Current ratio from 1.00 to 3.07; short-term debt falls from €2.9m to €130,120.
26-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 57 days late
Show earlier events
2021
11-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 11 days late
2020
31-12
Financial Back to profitnet €60,154
Net result €60,154 after 2 loss-making years.
31-12
Financial Liquidity times 20current ratio 6.20
Current ratio from 0.31 to 6.20; short-term debt falls from €459,366 to €71,522.
19-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 80 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts

We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
11 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, Anderlecht · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
2,843 m²
Building footprint
699 m²
Volume, LiDAR
17,557 m³
Parcel 21001A0265/00G000, Brussels · tallest building 30.3 m, ±9 floors. Linked by address, not a title deed.
36 companies at this address See who is registered here
1 establishment unit
Sylvain Dupuislaan 233, 1070 Anderlecht
Agents specialised in the wholesale of other particular products
since 20182.273.943.482
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21001A0265/00G000 Brussels 2,843 m² 1 · 699 m² 30.3 m · 9 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.

Insolvency mandates

1 mandate
Role Name Tenure
Interim administrator Nicholas Ouchinsky 14-08-2023 → present

Structure & network

Owners and holdings

1 owner

Chain of control

  1. CHAINIUS SOLUTIONS 99.99%
  2. BIT4YOU

Highest known parent: CHAINIUS SOLUTIONS. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Recognitions · licences · registrations

Legal Entity Identifier

984500AAGCV5E0F59C24
live in the LEI register

Similar companies · same sector, comparable size

Of 12,955 companies in sector 47120 we hold annual accounts for 2,193. 1,466 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
Founded06-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
Contact
E-mail support@bit4you.com
Phone +32 460 24 06 60
Website www.bit4you.beAnderlecht
E-invoicing
Reachable via Peppol
Peppol ID 0208:0691780343
Registered 26-12-2025

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.