Equity
Bites & Bytes paid out €105,559 in dividends. That is 100% of the 2025 profit.
Bites & Bytes paid out €105,559 in dividends. That is 100% of the 2025 profit.
The micro format states no turnover.
Higher net result than 94% of companies in computer programming and consultancy. Sector median €28,568 · 21,223 companies.
In July 2024, 26,972 companies had the same profile as Bites & Bytes has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
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.
| 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 26,972 companies, not a prediction for Bites & Bytes. 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.
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.
| Company | ||||
|---|---|---|---|---|
| Bites & Bytes Wichelen | €230,659 | €145,965 | 51.9% | - |
| The Software Hive Ghent | €223,627 | €158,028 | 21.9% | - |
| D-Cloud Aalter | €218,689 | €133,842 | 41.4% | - |
| PROLOG CONSULTING Kruisem | €204,025 | €152,871 | 9.1% | - |
| Infolearn België Ghent | €206,350 | €156,086 | 21.2% | - |
| CoppIT Haaltert | €259,831 | €145,493 | 71.5% | - |
| AKILITY Braine-l'Alleud | €216,506 | €149,245 | 89.5% | - |
These companies have the same main activity as Bites & Bytes: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €204,000 and €260,000, founded between 2016 and 2018.
Bites & Bytes files the micro format. That format states no turnover. The gross margin rose from €39,984 in 2017 to €145,965 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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 ≈ €220,000. Estimated: probably between €200,000 and €280,000.
Higher than 43% of 21,217 companies in 2025.
Higher than 43% of 20,581 companies in 2025.
Higher than 82% of 20,756 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
230,659 | 250,432 | 282,347 | 245,028 | 159,399 | 154,578 | 93,827 | 86,859 | 75,831 | |
21/28 |
11,866 | 16,468 | 23,662 | 30,780 | 4,813 | 6,862 | 14,101 | 21,516 | 27,710 | |
22/27 |
11,866 | 16,468 | 23,662 | 30,780 | 4,813 | 6,862 | 14,101 | 21,516 | 27,710 | |
23 |
1,856 | - | - | - | - | - | - | - | - | |
24 |
9,636 | 15,669 | 22,437 | 29,131 | 2,739 | 6,862 | 14,101 | 21,516 | 27,710 | |
26 |
374 | 799 | 1,224 | 1,650 | 2,075 | - | - | - | - | |
29/58 |
218,792 | 233,964 | 258,685 | 214,248 | 154,585 | 147,716 | 79,726 | 65,343 | 48,121 | |
29 |
- | - | 67,500 | 67,500 | 67,500 | 67,500 | - | - | - | |
291 |
- | - | 67,500 | 67,500 | 67,500 | 67,500 | - | - | - | |
3 |
41 | 41 | 41 | 41 | 41 | 41 | 41 | - | - | |
30/36 |
41 | 41 | 41 | 41 | 41 | 41 | 41 | - | - | |
40/41 |
17,124 | 4,547 | 21,149 | 26,402 | 15,681 | 6,727 | 10,666 | 10,600 | - | |
40 |
12,009 | 892 | 20,678 | 22,090 | 12,335 | 4,127 | 10,666 | 10,200 | - | |
41 |
5,114 | 3,655 | 471 | 4,312 | 3,346 | 2,600 | - | 400 | - | |
50/53 |
100,500 | 100,500 | - | - | - | - | - | - | - | |
54/58 |
100,190 | 127,964 | 169,109 | 119,449 | 70,522 | 71,948 | 68,464 | 54,030 | 47,689 | |
490/1 |
937 | 913 | 886 | 856 | 841 | 1,500 | 556 | 713 | 432 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
230,659 | 250,432 | 282,347 | 245,028 | 159,399 | 154,578 | 93,827 | 86,859 | 75,831 | |
10/15 |
119,756 | 119,756 | 154,797 | 175,573 | 122,207 | 122,185 | 81,628 | 70,077 | 34,270 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | |
13 |
101,156 | 101,156 | 136,197 | 156,973 | 109,807 | 109,785 | 69,228 | 57,677 | 21,870 | |
130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,093 | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | |
133 |
101,156 | 101,156 | 136,197 | 155,113 | 107,947 | 107,925 | 67,368 | 55,817 | 20,776 | |
17/49 |
110,903 | 130,676 | 127,550 | 69,455 | 37,192 | 32,393 | 12,199 | 16,782 | 41,561 | |
17 |
- | - | - | - | - | - | - | - | 12,400 | |
170/4 |
- | - | - | - | - | - | - | - | 12,400 | |
42/48 |
108,846 | 128,650 | 125,251 | 67,330 | 35,830 | 31,140 | 10,806 | 15,244 | 27,132 | |
44 |
707 | 2,829 | 978 | 2,273 | 235 | 167 | 15 | 533 | - | |
440/4 |
707 | 2,829 | 978 | 2,273 | 235 | 167 | 15 | 533 | - | |
45 |
2,580 | 1,587 | 24,631 | 25,430 | 4,851 | 28,040 | 8,333 | 12,852 | 26,248 | |
450/3 |
2,580 | 1,587 | 24,631 | 25,430 | 4,851 | 28,040 | 8,333 | 5,507 | 18,903 | |
454/9 |
- | - | - | - | - | - | - | 7,345 | 7,345 | |
47/48 |
105,559 | 124,234 | 99,643 | 39,627 | 30,744 | 2,933 | 2,458 | 1,859 | 884 | |
492/3 |
2,056 | 2,026 | 2,298 | 2,125 | 1,362 | 1,253 | 1,393 | 1,538 | 2,029 | |
| Income statement | ||||||||||
76A |
- | - | - | 11,538 | - | - | - | - | - | |
9900 |
145,965 | 127,879 | 141,291 | 126,561 | 42,979 | 65,360 | 27,625 | 59,592 | 39,984 | |
630 |
7,328 | 7,194 | 7,455 | 4,152 | 5,945 | 7,238 | 7,415 | 7,877 | 6,094 | |
640/8 |
540 | 909 | 961 | 889 | 719 | 717 | 2,100 | 718 | 706 | |
9901 |
138,096 | 119,775 | 132,876 | 121,519 | 36,315 | 57,405 | 18,110 | 50,997 | 33,184 | |
75/76B |
4,113 | 961 | 1,912 | 1,936 | 1,912 | 1,116 | - | 0 | - | |
75 |
4,113 | 961 | 1,912 | 1,936 | 1,912 | 1,116 | - | 0 | - | |
65/66B |
70 | 73 | 68 | 79 | 107 | 213 | 50 | 299 | 394 | |
65 |
70 | 73 | 68 | 79 | 107 | 213 | 50 | 299 | 394 | |
9903 |
142,139 | 120,664 | 134,720 | 123,376 | 38,120 | 58,308 | 18,059 | 50,697 | 32,789 | |
67/77 |
36,580 | 31,471 | 35,584 | 37,047 | 8,098 | 16,751 | 5,508 | 14,090 | 10,920 | |
9904 |
105,559 | 89,193 | 99,137 | 86,329 | 30,022 | 41,557 | 12,552 | 36,607 | 21,870 | |
9905 |
105,559 | 89,193 | 99,137 | 86,329 | 30,022 | 41,557 | 12,552 | 36,607 | 21,870 | |
| Appropriation of the result | ||||||||||
9906 |
105,559 | 89,193 | 99,137 | 86,329 | 30,022 | 41,557 | 12,552 | 36,607 | 21,870 | |
791/2 |
- | 35,041 | 20,776 | - | - | - | - | - | - | |
691/2 |
- | - | - | 47,166 | 22 | 40,557 | 11,552 | 35,807 | 21,870 | |
6920 |
- | - | - | - | - | - | - | 767 | 1,093 | |
6921 |
- | - | - | 47,166 | 22 | 40,557 | 11,552 | 35,041 | 20,776 | |
694/7 |
105,559 | 124,234 | 119,913 | 39,163 | 30,000 | 1,000 | 1,000 | 800 | - | |
694 |
105,559 | 124,234 | 119,913 | 39,163 | 30,000 | 1,000 | 1,000 | 800 | - | |
| Document | ||||||||||
The notes to these accounts have 8 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 31-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00381063 | |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00361880 | |
| 31-12-2023 | micro format | 23-07-2024 | 2024-00304912 | |
| 31-12-2022 | micro format | 28-07-2023 | 2023-00305245 | |
| 31-12-2021 | micro format | 27-07-2022 | 2022-20268950 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-64000163 | |
| 31-12-2019 | micro format | 30-10-2020 | 2020-67600050 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-58100098 | |
| 31-12-2017 | micro format | 28-07-2018 | 2018-40800089 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 145,424 | 126,969 | 140,331 | 125,671 | 42,260 | 64,643 | 25,525 | 58,874 | 39,278 | ||
| 112,887 | 96,387 | 106,592 | 90,481 | 35,967 | 48,795 | 19,967 | 44,485 | 27,964 | ||
| 2,727 | 0 | 1,796 | 31,432 | 3,896 | 0 | 0 | 1,684 | 33,804 | ||
| -27,773 | -41,145 | 49,660 | 48,927 | -1,425 | 3,484 | 14,434 | 6,341 | - | ||
| 109,946 | 105,315 | 133,434 | 146,917 | 118,755 | 116,576 | 68,921 | 50,099 | 20,989 | ||
| 51.9% | 47.8% | 54.8% | 71.7% | 76.7% | 79.0% | 87.0% | 80.7% | 45.2% | ||
| 2.01 | 1.82 | 2.07 | 3.18 | 4.31 | 4.74 | 7.38 | 4.29 | 1.77 | ||
| 2.01 | 1.82 | 2.06 | 3.18 | 4.31 | 4.74 | 7.37 | 4.29 | 1.77 | ||
| 0.93 | 1.09 | 0.82 | 0.40 | 0.30 | 0.27 | 0.15 | 0.24 | 1.21 | ||
| 88.1% | 74.5% | 64.0% | 49.2% | 24.6% | 34.0% | 15.4% | 52.2% | 63.8% | ||
| 45.8% | 35.6% | 35.1% | 35.2% | 18.8% | 26.9% | 13.4% | 42.1% | 28.8% | ||
| over 100 | over 100 | over 100 | over 100 | over 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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,727 | - | €1,796 | €31,432 | €3,896 |
| €7,328 | €7,194 | €7,455 | €4,152 | €5,945 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 15% higher than in 2024 and the highest since 2017. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 52.2% to 48.1%. Debt is lower.
Bites & Bytes has no parent and no holdings in its annual accounts. Bites & Bytes shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Hulst 4 registered office 9260 Wichelen | ||
| Gear2ict Hulst 4A, 9260 Wichelen | 01-04-2017 | 2.263.243.887 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 42026B1790/00L000 | 985 m² | 1 · 192 m² | 10.1 m · 2 |
| 42026B1790/00F000 | 562 m² | 1 · 146 m² | 0.1 m |
1 of these parcels carries protected heritage. Expect extra rules on renovation or sale.
If something looks wrong or is missing, please tell us.