BITLINK
ActiveSummary
BITLINK has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88,561 and a net result of €20,355. Equity is growing by about 27% per year across the filed financial years. Its solvency ranks better than 46% of 1,130 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
- Staff
- 1 FTE
- Equity
- €88,561
- Profit
- €20,355
Why 66raises riskLatest accounts 39 days late; 2 of the last 3 lateFounded in 2019Size: total assets €269,747lowers riskLiquidity: current ratio 0.76, cash €38,365Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 77, micro): better than 49% on solvency, 50% on liquidity, 70% on profitability and 79% on growth.
The bankruptcy probability was computed on 23-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 6 accounts on average 33 days after the deadline; the sector median (NACE 77) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Appointment: STAEPELS Lester Willy Hilda (sole…Kind of shares · Amendment…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 77, Rental and leasing activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 26,974 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €8,927 | €36,353 | €50,954 | €44,695 | €46,574 | ▲ 4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €73,061 | €58,226 | €49,953 | €75,813 | €93,305 | €101,565 | ▲ 8.9% |
| Other operating charges640/8 | - | €709 | €1,228 | €1,165 | €829 | €1,091 | ▲ 31.6% |
| Gross operating margin9900 | €99,926 | €74,829 | €134,738 | €137,274 | €174,435 | €186,970 | ▲ 7.2% |
| Operating profit (loss)9901 | €25,504 | €6,969 | €47,204 | €9,341 | €35,606 | €37,740 | ▲ 6.0% |
| Financial income75/76B | - | €224 | - | - | €93 | €1,435 | ▲ 1,440% |
| Recurring financial income75 | €163 | €224 | - | - | €93 | €1,435 | ▲ 1,440% |
| Financial charges65/66B | - | €1,431 | €3,026 | €3,517 | €8,317 | €7,475 | ▼ 10.1% |
| Recurring financial charges65 | €895 | €1,431 | €3,026 | €3,517 | €8,317 | €7,475 | ▼ 10.1% |
| Profit (loss) for the period before taxes9903 | €24,772 | €5,761 | €44,178 | €5,823 | €27,383 | €31,700 | ▲ 15.8% |
| Income taxes67/77 | €9,622 | €2,533 | €13,199 | €3,365 | €12,991 | €11,345 | ▼ 12.7% |
| Profit (loss) for the period9904 | €15,150 | €3,228 | €30,979 | €2,459 | €14,391 | €20,355 | ▲ 41.4% |
| Profit (loss) for the period to be appropriated9905 | €15,150 | €3,228 | €30,979 | €2,459 | €14,391 | €20,355 | ▲ 41.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €85,632 | €140,349 | €184,759 | €216,448 | €278,238 | €269,747 | ▼ 3.1% |
| Fixed assets21/28 | €45,543 | €77,553 | €115,880 | €129,684 | €208,626 | €179,954 | ▼ 13.7% |
| Intangible fixed assets21 | €2,506 | €2,206 | €1,906 | €1,606 | €1,306 | €1,006 | ▼ 23.0% |
| Tangible fixed assets22/27 | €43,037 | €75,347 | €113,974 | €128,078 | €207,320 | €178,948 | ▼ 13.7% |
| Plant, machinery and equipment23 | - | €73,111 | €102,634 | €125,422 | €161,286 | €140,651 | ▼ 12.8% |
| Furniture and vehicles24 | - | €2,236 | €11,341 | €2,656 | €46,033 | €38,297 | ▼ 16.8% |
| Current assets29/58 | €40,089 | €62,796 | €68,879 | €86,763 | €69,612 | €89,793 | ▲ 29.0% |
| Stocks and contracts in progress3 | €13,514 | €19,894 | €25,396 | €19,325 | €15,963 | €22,695 | ▲ 42.2% |
| Stocks30/36 | - | €19,894 | €25,396 | €19,325 | €15,963 | €22,695 | ▲ 42.2% |
| Amounts receivable within one year40/41 | €22,349 | €29,556 | €29,468 | €52,019 | €37,724 | €26,313 | ▼ 30.2% |
| Trade receivables40 | - | €25,501 | €26,406 | €33,888 | €18,107 | €21,799 | ▲ 20.4% |
| Other amounts receivable41 | - | €4,055 | €3,062 | €18,131 | €19,616 | €4,515 | ▼ 77.0% |
| Current investments50/53 | €2,412 | €1,426 | - | - | - | - | - |
| Cash at bank and in hand54/58 | - | €10,503 | €13,427 | €5,739 | €12,445 | €38,365 | ▲ 208% |
| Deferred charges and accrued income490/1 | - | €1,418 | €588 | €9,680 | €3,481 | €2,419 | ▼ 30.5% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €85,632 | €140,349 | €184,759 | €216,448 | €278,238 | €269,747 | ▼ 3.1% |
| Equity10/15 | €17,150 | €20,378 | €51,356 | €53,815 | €68,206 | €88,561 | ▲ 29.8% |
| Contributions10/11 | - | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Contributions outside capital11 | - | - | - | €2,000 | €2,000 | €2,000 | = |
| Other1109/19 | - | - | - | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | - | €3,228 | €3,228 | €3,228 | €66,206 | €86,561 | ▲ 30.7% |
| Distributable reserves133 | - | €3,228 | €3,228 | €3,228 | €66,206 | €86,561 | ▲ 30.7% |
| Profit (loss) carried forward14 | €15,150 | €15,150 | €46,128 | €48,587 | - | - | - |
| Amounts payable17/49 | €68,483 | €119,971 | €133,402 | €162,633 | €210,031 | €181,186 | ▼ 13.7% |
| Amounts payable after more than one year17 | €6,084 | €40,166 | €32,122 | €38,755 | €63,515 | €63,251 | ▼ 0.4% |
| Financial debts170/4 | - | €40,166 | €32,122 | €38,755 | €63,515 | €63,251 | ▼ 0.4% |
| Amounts payable within one year42/48 | €62,399 | €79,805 | €101,280 | €123,878 | €146,516 | €117,935 | ▼ 19.5% |
| Current portion of amounts payable after more than one year42 | - | €34,054 | €41,457 | €41,111 | €51,513 | €59,954 | ▲ 16.4% |
| Financial debts43 | - | - | €755 | €565 | - | €1,267 | - |
| Credit institutions430/8 | - | - | €755 | €565 | - | €1,267 | - |
| Trade debts44 | €10,559 | €15,236 | €4,705 | €11,010 | €9,876 | €15,534 | ▲ 57.3% |
| Suppliers440/4 | - | €15,236 | €4,705 | €11,010 | €9,876 | €15,534 | ▲ 57.3% |
| Taxes, remuneration and social security45 | - | €4,759 | €14,704 | €20,764 | €23,465 | €24,595 | ▲ 4.8% |
| Taxes450/3 | - | €3,622 | €13,258 | €14,243 | €13,809 | €18,978 | ▲ 37.4% |
| Remuneration and social security454/9 | - | €1,137 | €1,445 | €6,521 | €9,656 | €5,617 | ▼ 41.8% |
| Other amounts payable47/48 | - | €25,756 | €39,660 | €50,428 | €61,663 | €16,585 | ▼ 73.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,150 | €3,228 | €30,979 | €2,459 | €14,391 | €20,355 | ▲ 41.4% |
| + Depreciation and write-downs630 | €73,061 | €58,226 | €49,953 | €75,813 | €93,305 | €101,565 | ▲ 8.9% |
| Operating cash flow (approximation) | €88,211 | €61,454 | €80,932 | €78,272 | €107,697 | €121,920 | ▲ 13.2% |
| Investment in fixed assets (approximation) | - | -€90,235 | -€88,281 | -€89,617 | -€172,247 | -€72,893 | ▲ 57.7% |
| Change in cash | - | - | €2,924 | -€7,688 | €6,706 | €25,921 | ▲ 287% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 08-09-2026 | 2026-00508195 |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00353328 |
| 31-12-2023 | micro format | 13-09-2024 | 2024-00462364 |
| 31-12-2022 | micro format | 01-09-2023 | 2023-00408338 |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20333819 |
| 31-12-2020 | micro format | 24-09-2021 | 2021-68600188 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 · 1 entry · €1,194 awarded · €1,194 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Lester Willy Hilda STAEPELS |
|
Owners and capital
Capital and shareholders
- 07-05-2026 Capital stated in the deed · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
07-05
Gazette deed
Appointment: STAEPELS Lester Willy Hilda (sole director)Kind of shares · Amendment of the articles · Capital8 facts ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Other provision, “approval of board report on share class creation, artikel 5:102 WVV” (deed in Dutch)
- Kind of shares, “creation, nieuwe tekst van de statuten” (deed in Dutch)
- Director appointment, STAEPELS Lester Willy Hilda (sole director)
- Amendment of the articles
- Capital
- Other provision, “statutory unavailable equity” (deed in Dutch)
- Director in office, STAEPELS Lester Willy Hilda (sole director)
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11007B0022/00C005 | Flanders | 230 m² | 1 · 111 m² | 11.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verstrekken van allerhande prestaties op het gebied van informatica en elektronica, diensten en bijhorende producten m.b.t. het leveren…” (deed in Dutch)
19 activities (deed in Dutch)
- Het verstrekken van allerhande prestaties op het gebied van informatica en elektronica, diensten en bijhorende producten m.b.t. het leveren van computerprogramma’s, soft- en hardware.
- De aankoop, de verkoop, de verhuring, leasing, de ontwikkeling, de handel, de vertegenwoordiging, de commissiehandel, de import, de export van: standaard softwarepakketten, software op maat, computers, barcodelezers, cad/cam systemen, modems, monitors, opslagsystemen, randapparatuur, alle computertoebehoren, kantoorbenodigdheden, rekenmachines en meubilair.
- Lessen en workshops ter ondersteuning van bovengenoemde activiteiten.
- Web: aan- en verkoop, ontwerp en ontwikkeling van websites en webplatformen, hosting van websites en webservices, grafisch design en webdesign.
- Het maken van economische studies en marktonderzoeken.
- Het organiseren van ontmoetingen en trainingen voor bedrijven en incentives uit binnen- en buitenland.
- Het verschaffen van dienstprestaties van bedrijfseconomische, informatica-technische, commerciële, juridische financiële, technische, logistieke of administratieve aard ter ondersteuning van het beleid binnen- of buitenlandse ondernemingen.
- Alle mogelijk elektriciteitswerken zoals aanleg van bekabeling voor elektriciteit- en datakabels.
- En in het algemeen alle bestaande en in de toekomst nog te ontwikkelen hard- en software, producten en technologieën, en hun toepassingen, door derden en de onderneming, en dit zonder enige beperking.
- Alsook het ontwikkelen, kopen, verkopen, in licentie nemen of geven en beheer van octrooien, knowhow, intellectuele rechten en aanverwante immateriële vaste activa.
- Zij kan optreden als tussenpersoon inzake handel, in de ruimste zin van het woord, waaronder te verstaan bemiddeling in aankoop- en verkoop aangelegenheden, adviesorgaan, makelaarsactiviteiten, commissiehandel en agentuur zowel in binnen-als buitenlandse handel.
- De Vennootschap handelt voor eigen rekening, in commissie, als tussenpersoon of als vertegenwoordiger.
- Zij kan deelnemen in allerhande vennootschappen, ondernemingen, groeperingen of organisaties.
- Zij mag haar onroerende goederen in hypotheek stellen en al haar andere goederen, met inbegrip van het handelsfonds, in pand stellen en mag aval verlenen voor alle leningen, kredietopeningen en andere verbintenissen zowel voor haarzelf als voor alle derden op voorwaarde dat zij er zelf belang bij heeft.
- Zij kan ook functies van bestuurder of vereffenaar van andere vennootschappen uitoefenen.
- Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van dien aard zouden zijn dat zij de verwezenlijking van dit voorwerp, rechtstreeks of onrechtstreeks, geheel of ten dele vergemakkelijken.
- Zij kan belangen nemen door associatie, inbreng, fusie, financiële tussenkomst of op gelijk welke andere wijze, in alle vennootschappen, verenigingen of ondernemingen met een identiek, gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
- Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen.
- De Vennootschap mag zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren, in de meest ruime zin.
- Name clauseThe name the company operates under according to its articles.
- BITLINK
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Enige Bestuurder, door de Algemene Vergadering bepaald” (deed in Dutch)“Algemene Vergadering kan het mandaat van een niet-statutair benoemd bestuurder te allen tijde beëindigen zonder opgave van reden al dan niet…” (deed in Dutch)“Enige Bestuurder is bevoegd om alle handelingen te verrichten die nodig of dienstig zijn tot verwezenlijking van het voorwerp van de…” (deed in Dutch)5 more provisions on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Statuten” (deed in Dutch)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 19:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Indien enkel de stemrechten geschorst zijn, mag hij nog steeds deelnemen aan de Algemene Vergadering zonder te kunnen deelnemen aan de…” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “In geval van ontbinding zal de Algemene Vergadering de wijze van vereffening bepalen overeenkomstig de wettelijke bepalingen, Na…” (deed in Dutch)