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BITEC services

Active Private limited companyfounded 2018active for 8 yearsBroekstraat 48, 3530 Houthalen-HelchterenKBO/BCE: BE 0698.771.469
BITEC services
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Overview

Lifetime

8 annual accounts with figures on one time axis
peak €76,096 (2023)
€46,831▼ 6.7%
lowest -€4,472 (2025)
-€4,472▼ €40,797
peak €226,607 (2023)
€14,128▼ 24.0%
€238,653▼ 14.0%
Board1 name since 2018
1 directorBEERTEN Pieter
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Loss of €4,472Equity from €18,600 to €14,128

Key points

from the 2025 annual accounts

Equity

€14,128 from €226,607 in 2023

Equity fell by 94% in 2 years.

Turnover

≈ €160,000 estimated

The micro format states no turnover.

Debts

€238,653 82% of the balance sheet
Suppliers 1%Taxes and wages 5%Other 94%

Filings

8 annual accounts since 2018
AprilJune31 JulyOctober20202025

The last five annual accounts were filed 13 to 34 days before the end of the period.

Position in the sector

4.8%

Lower solvency than 88% of companies in computer programming and consultancy. Sector median 60.0% · 21,217 companies.

Checked score

91
Excellent
Financially stronger than 25% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

30-1equity 4.8% of total assets
55+5short-term debt 81.7% · cash 59.0%
67-17return on assets -1.5%

Score breakdown

raises risk
Equity €14,128 (4.8% of total assets)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €292,126
Liquidity: current ratio 1.20, cash €172,439
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 13% of them on solvency, 37% on liquidity, 26% on profitability and 23% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 849 companies had the same profile as BITEC services has now. Each dot stands for 3 companies, two years later.

91.9%
were still trading
3.3%
stopped another way
4.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a small loss

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of BITEC services itself is lower: 0.1% within 12 months. It rests on far more data about BITEC services than the profile alone.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 849 companies, not a prediction for BITEC services. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.2 (1.05 in 2024), below the usual 1.5. Short-term debt is 81.7% and cash 59% of total assets. 95.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €292,126
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €14,128 (4.8% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.20, cash €172,439
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 21217 sector peers (2025).
NBB · sector comparison
Position among 21217 sector peers
Solvency
better than 11%
← weakest strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
31 days early
2024
34 days early
2023
33 days early
2022
13 days early
2021
32 days early
2020
24 days early
2019
56 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BP
BEERTEN Pieter
Manager
  • BEERTEN Pieter 186 sharesdeed of 27-06-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0698771469
Amendment of the articles · Legal-form change · Resignations & appointments Gazette deed
Incorporation Founding capital of €18,600, 186 shares, €12,400 paid up · Founder: BEERTEN Pieter · Appointment: BEERTEN Pieter (manager) · published on 27-06-2018 · Gazette deed
First establishment Broekstraat 48, Houthalen-Helchteren
All 18 events

Comparable companies

same main activity, similar in size and age
Company
BITEC services Houthalen-Helchteren €292,126 €46,831 4.8% -
Monomegistos Sint-Truiden €295,337 €52,108 85.4% -
NiVo Solutions Tongeren-Borgloon €309,904 €53,713 97.0% -
iBite Company Lokeren €289,406 €49,324 34.9% -
INNOCOG Ranst €313,496 €45,988 12.6% -
CO-CREATE Nazareth-De Pinte €307,696 €46,799 6.0% -
Th17 Ottignies-Louvain-la-Neuve €301,068 €52,048 28.9% -

These companies have the same main activity as BITEC services: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €289,000 and €313,000, founded between 2017 and 2018.

Official details

Source: KBO
Status
Active since 25-06-2018Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.276.937.3193530 Houthalen-Helchteren, since 25-06-2018
Financial year end
31 December
Peppol
Reachable since 27-05-2025
Company details

Annual accounts 2025

€46,831▼ 6.7%
€4,472
€14,128▼ 24.0%
€292,126▼ 1.3%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on BITEC services

BITEC services files the micro format. That format states no turnover. The gross margin rose from €20,891 in 2018 to €46,831 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 30-06-2026, 31 days before the deadline
€46,831
▼ 6.7%
€4,624
▼ 90.1%
-€4,472
▼ €40,797
€48,743
▲ 238%
4.8%
▼ 1.4 percentage points
1.20
▲ 0.15

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €160,000. Estimated: probably between €130,000 and €220,000.

Balance sheet

balance sheet total €292,126 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

4.8%

Higher than 11% of 21,217 companies in 2025.

1.20

Higher than 25% of 20,581 companies in 2025.

-1.5%

Higher than 15% of 20,756 companies in 2025.

BITEC services Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018
Balance sheet: assets
20/58 292,126296,101258,431190,851137,551100,34763,62753,266
20 0000----
21/28 4,7316,2486,3228,1151,8753,75911,15718,556
22/27 4,5816,0986,1727,9651,7253,60911,00718,406
23 2,6683,2042,2983,1101,33373226380
24 1,9142,8943,8744,854393---
28 150150150150150150150150
29/58 287,395289,853252,109182,736135,67696,58852,46934,709
40/41 38,4274,82423,26912,04518,85511,37523,09014,240
40 32,7112,54217,0582,20614,74711,37522,7559,784
41 5,7162,2826,2119,8394,107-3354,455
50/53 75,40956,28338,58722,797987---
54/58 172,439227,676189,219146,492114,87185,21329,37920,361
490/1 1,1211,0701,0341,402963--108
Balance sheet: equity and liabilities
10/49 292,126296,101258,431190,851137,551100,34763,62753,266
10/15 14,12818,600226,607168,980124,80273,00643,23227,994
10/11 18,60018,60018,60018,60018,60018,60018,60018,600
100 ------18,60018,600
13 --208,007150,380106,20254,40624,632510
130/1 ---1,2721,2721,272--
130 ------1,272510
1311 ---1,2721,2721,272--
133 --208,007149,108104,93053,13423,360-
14 -4,472------8,884
16 39,346-------
160/5 39,346-------
163 39,346-------
17/49 238,653277,50131,82421,87112,75027,34120,39425,271
17 ------4,25711,356
170/4 ------4,25711,356
42/48 238,653275,41731,03721,09312,04727,34116,13813,915
42 -----4,2577,0996,955
43 -----144--
430/8 -----144--
44 1,8814022903,778961-219473
440/4 1,8814022903,778961-219473
45 11,4659,38714,3258,5048,60920,3875,8275,687
450/3 11,4659,38714,3258,5048,60920,3875,8275,687
47/48 225,307265,62816,4228,8112,4772,5532,992800
492/3 -2,084787777703---
Income statement
9900 46,83150,19676,09658,18870,15446,78529,91120,891
630 2,1681,8131,7928083,3107,3997,3995,702
635/8 39,346-------
640/8 6931,5857208831,2178691,8291,446
9901 4,62446,79873,58356,49765,62738,51620,68313,743
75/76B 1,0200-1-0--
75 1,0200-1-0--
65/66B 551635832775216228470335
65 551635832775216228470335
9903 5,09446,16372,75255,72365,41238,28820,21313,409
67/77 9,5669,83815,12511,54413,6168,5144,9753,214
9904 -4,47236,32557,62744,17951,79529,77415,23810,194
9905 -4,47236,32557,62744,17951,79529,77415,23810,194
Appropriation of the result
9906 -4,47236,32557,62744,17951,79529,77424,12210,194
791/2 -208,007------
691/2 --57,62744,17951,79529,77424,122510
6920 ------762510
6921 --57,62744,17951,79529,77423,360-
694/7 -244,332-----800
694 -244,332-----800
Document PDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 30-06-2026 2026-00231699 PDF
31-12-2024 micro format 27-06-2025 2025-00196017 PDF
31-12-2023 micro format 28-06-2024 2024-00192626 PDF
31-12-2022 micro format 18-07-2023 2023-00243638 PDF
31-12-2021 micro format 29-06-2022 2022-20106164 PDF
31-12-2020 micro format 07-07-2021 2021-32500509 PDF
31-12-2019 micro format 05-06-2020 2020-14800497 PDF
31-12-2018 micro format 28-06-2019 2019-25400477 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018
6,79248,61175,37657,30568,93745,91528,08219,445
-2,30538,13859,41944,98755,10537,17322,63715,896
6511,73907,0472,0790022,346
-55,23738,45742,72631,62129,65855,8349,018-
48,74314,436221,072161,643123,62969,24836,33220,794
4.8%6.3%87.7%88.5%90.7%72.8%67.9%52.6%
1.201.058.128.6611.263.533.252.49
16.8914.920.140.130.100.370.470.90
-31.7%195.3%25.4%26.1%41.5%40.8%35.2%36.4%
-1.5%12.3%22.3%23.1%37.7%29.7%23.9%19.1%
12.3376.5990.6373.96over 100---

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€651€1,739-€7,047€2,079
€2,168€1,813€1,792€808€3,310

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on BITEC services

The operating result for 2025 is 90% lower than in 2024 and the lowest since 2018. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 93.7% to 81.7%. Equity and debt are lower.

Board & ownership

Board

1 director, since incorporation
BEERTEN Pieter
Manager (not named in the articles)
appointed by deed of 27-06-2018 term without a fixed end
listed in the 2025 annual accounts, filed on 30-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
The sole director
deed of 27-06-2018

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
BEERTEN Pieter
Manager (not named in the articles)
Board
Mandates as a list
  • BEERTEN Pieter
    • Manager (not named in the articles), appointed by deed of 27-06-2018, still in office

See the board, name and registered office on a given date →

Control

Founder
BEERTEN Pieter
This company
BITEC services
Equity €14,128
Loss €4,472 in 2025

Capital

Contribution
€18,600
Shares
186
Contribution per share
€100
Equity per share
€75.96 in 2025
Source
2025 annual accounts

Articles of association

deed of 27-06-2018 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Het orgaan dat de vennootschap vertegenwoordigt, kan gevolmachtigden aanstellen. Alleen bijzondere en beperkte volmachten voor bepaalde of…”

Shareholders

At incorporation deed of 27-06-2018 ↗

Capital transactions

Capital over time
  1. 22-06-2023 Converted to unavailable equity
  2. 27-06-2018 Incorporation · €18,600 · 186 shares

Network & group

No group

BITEC services has no parent and no holdings in its annual accounts. BEERTEN Pieter is the only director. BITEC services shares no director with another company.

Timeline

Timeline

18 events since 2018

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 31 days before the deadline
2025
Weakest financial year net -€4,472 The net result drops to -€4,472, the lowest from 2018 to 2025.
Annual accounts 2024 filed PDFmicro format · 34 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0698771469
2024
Annual accounts 2023 filed PDFmicro format · 33 days before the deadline
2023
Highest result from 2018 to 2025 net €57,627 ▲30.4% The operating result of €73,583 and the net result of €57,627 are both a record.
Equity above €200,000 equity €226,607 ▲34.1% With a profit in every financial year since 2018, equity grows to €226,607.
Annual accounts 2022 filed PDFmicro format · 13 days before the deadline
Amendment of the articles · Legal-form change · Resignations & appointments PDF
2022
Equity above €150,000 equity €168,980 ▲35.4% With a profit in every financial year since 2018, equity grows to €168,980.
Annual accounts 2021 filed PDFmicro format · 32 days before the deadline
2021
Liquidity more than triples current ratio 11.26 The current ratio rises from 3.53 to 11.26. Short-term debt falls from €27,341 to €12,047.
Equity above €100,000 equity €124,802 ▲70.9% With a profit in every financial year since 2018, equity grows to €124,802.
Annual accounts 2020 filed PDFmicro format · 24 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 56 days before the deadline
2019
Annual accounts 2018 filed PDFmicro format · 33 days before the deadline
2018
IncorporationFounding capital of €18,600, 186 shares, €12,400 paid up · Founder: BEERTEN Pieter · Appointment: BEERTEN Pieter (manager) · published on 27-06-20184 points ▸
  • Founder, BEERTEN Pieter
  • Founding capital, €18,600, 186 shares
  • Capital, €18,600, 186 shares
  • Director appointment, BEERTEN Pieter (manager (not named in the articles))
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

First establishment Broekstraat 48, Houthalen-Helchteren

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

BITEC services was incorporated on 25 June 2018 by one natural person, with a starting capital of €18,600.12 BEERTEN Pieter is manager of the company, appointed by deed of 27-06-2018.2 Total assets rose from €53,266 in 2018 to €292,126 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 27-06-2018
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0698.771.469
VAT number
BE 0698.771.469
Peppol ID
0208:0698771469
Other Peppol ID
9925:BE0698771469
LEI code
984500L41DB3F0DAC342 no longer live in the LEI register
Legal form
Private limited company
Status
Active, normal situation
Founded
25-06-2018
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Het orgaan dat de vennootschap vertegenwoordigt, kan gevolmachtigden aanstellen. Alleen bijzondere en beperkte volmachten voor bepaalde of…”
deed of 27-06-2018 (in Dutch)
Peppol
Reachable since 27-05-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
BITEC services in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 27-06-2018 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Broekstraat 48, 3530 Houthalen-Helchteren”
deed of 27-06-2018 (in Dutch)

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020 IT consultancy main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het ontwikkelen, verbeteren en uitbaten van websites en apps; Het hosten van websites; Het uitbaten of helpen uitbaten van webshops; Het…”
11 activities
  1. Het ontwikkelen, verbeteren en uitbaten van websites en apps;
  2. Het hosten van websites;
  3. Het uitbaten of helpen uitbaten van webshops;
  4. Het beoefenen of helpen beoefenen van E-commerce;
  5. Het aanbieden van ICT-dienstverlening en al hetgeen daarmee samenhangt;
  6. Het uitvoeren van grafisch werk zowel print als digitaal;
  7. Het maken van filmmateriaal voor bedrijven, verenigingen, particulieren en evenementen;
  8. Advies, bijstand en know-how verlenen in alle domeinen waarin zij competent is, zoals software ontwikkelingen, projectmanagement, IT consulting, procesmanagement, procesoptimalisatie, implementatie, E-commerce;
  9. De promotie, het ontwikkelen, begeleiden, uitwerken en organiseren van activiteiten en evenementen voor bedrijven en particulieren;
  10. Het verhuur en de verkoop van kantoor, IT, evenement, promotie en werk materiaal
  11. Haar patrimonium, bestaande uit onroerende en roerende goederen en rechten, te behouden, in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden; alle onroerende verrichtingen, inclusief onroerende leasing;
deed of 27-06-2018 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Broekstraat 48 registered office 3530 Houthalen-Helchteren 25-06-2018 2.276.937.319

Buildings and parcels at the address

Ground area
2,092 m²
Buildings
150 m²
Volume, LiDAR
825 m³
Tallest building
17.3 m
Buildings to scale, each on its own parcel
150 m², 17.3 m 150 m², 17.3 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
72014D0122/00A0002,092 m² 1 · 150 m² 17.3 m · 2

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