BitaGreen
The computed 12-month bankruptcy probability of BitaGreen is 1.8% (moderate). The 2024 annual accounts show negative equity (€-131k) and a net result of €-182k. Equity is shrinking by ~176.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 3371 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-131k |
| Net result | €-182k |
| Staff (FTE) | 1.3 |
| Better than sector | 5% |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -141.0% | 55.1% | |
| Net result | €-182k | €19k | |
| Equity | €-131k | €45k | |
| Gross operating margin | €-125k | €38k | |
| Staff costs | €47k | €14k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-173k |
| Net profit | €-182k |
| Cash flow | €-173k |
| Staff costs | €47k |
| Income taxes | - |
| Dividends | - |
| Total assets | €93k |
| Equity | €-131k |
| Debt | €224k |
| of which ≤ 1y | €8k |
| of which > 1y | €214k |
| Working capital | €66k |
| Employees (FTE) | 1.3 |
| 2024 | |
|---|---|
| Current ratio | 8.91 |
| Quick ratio | 8.91 |
| Working capital ratio | 71.0% |
| Solvency | -141.0% |
| Debt / equity | -1.71 |
| Long-term debt ratio | -1.63 |
| Interest coverage | -590.17 |
| Gross margin | - |
| Net margin | - |
| ROA | -195.8% |
| ROE | 138.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €93k |
| Fixed assets | 21/28 | €19k |
| Intangible fixed assets | 21 | €18k |
| Tangible fixed assets | 22/27 | €555 |
| Current assets | 29/58 | €74k |
| Amounts receivable within one year | 40/41 | €44k |
| Cash & bank | 54/58 | €30k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €93k |
| Equity | 10/15 | €-131k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-151k |
| Amounts payable | 17/49 | €224k |
| Amounts payable after one year | 17 | €214k |
| Amounts payable within one year | 42/48 | €8k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €-125k |
| Operating result | 9901 | €-182k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €292 |
| Result before taxes | 9903 | €-182k |
| Net result for the period | 9904 | €-182k |
| Result to be appropriated | 9905 | €-182k |
| NACE primary | Architecture & engineering(71209) |
| Legal form | Private limited company(610) |
| Incorporation | 23-03-2022 |
| Status | Active |
| Postal code | 2200 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0181/00P000 | Brussels | 1,180 m² | 1 · 1,184 m² | 32.6 m · 6 fl. |
| 13302G0012/00D002 | Flanders | 791 m² | 1 · 111 m² | 12.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
14-07-2025 Nahad REZAZADEH HELMI resigns as director
- Nahad REZAZADEH HELMI, Bestuurder
Technical details
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"name": "Nahad REZAZADEH HELMI",
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},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2025-02-15",
"evidence_quote": "Met eenparigheid van stemmen wordt het ontslag aanvaard, en wordt kwijting gegeven voor de door hem uitgevoerde activiteiten als bestuurder van de vennootschap, behoudens in geval van fraude / bedrog.",
"decharge_status": "granted",
"mandate_duration": null,
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}
],
"notary": {
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"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
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"pub_date": "2025-07-14",
"filing_date": "2025-07-03",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2025-06-24",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0783.724.960",
"name_full": "BITAGREEN",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Sas Fran\u00E7ois",
"org_rep_person_name": null,
"person_role_at_subject": "Lasthebber"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}30-06-2023 Registered office moved from Heverlee to Herentals
- 3001 Heverlee, Hoveniersdreef 37 → 2200 Herentals, Nederrij 44a
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "combined",
"new_address": {
"raw": "2200 Herentals, Nederrij 44a",
"city": "Herentals",
"region": "vlaams_gewest",
"street": "Nederrij",
"country": "BE",
"postcode": "2200",
"box_number": null,
"street_number": "44a",
"locality_suffix": null
},
"old_address": {
"raw": "3001 Heverlee, Hoveniersdreef 37",
"city": "Heverlee",
"region": "vlaams_gewest",
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"country": "BE",
"postcode": "3001",
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"effective_date": "2023-05-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "beide",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
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},
"act_meta": {
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"filing_date": "2023-06-21",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2023-04-06",
"unanimous": null
},
"subject_company": {
"kbo": "0783.724.960",
"name_full": "BitaGreen",
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},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Nora Van Cauwenbergh",
"org_rep_person_name": null,
"person_role_at_subject": "bestuurder"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad",
"Annexes du Moniteur belge"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | BitaGreen |