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BITMASTERS

Active
Private limited companyfounded 2025active for 1 yearGroot-Bijgaardenstraat 14, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 1025.839.336

Financials · financial year 2025, micro format

2025 annual accounts filed 47 days after the deadline Filed on 16 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00519808.

Annual accounts 2025 filed on 16-09-2026 at the NBB

Turnover
≈ €27,000
Estimated: probably between €13,000 and €52,000
Total assets
€54,416
Net result
€3,578
Working capital
-€29,192

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

Balance-sheet composition
Assets €54,416
Fixed assets €32,870
Current assets €21,546
Equity and liabilities €54,416
Equity €3,678
Debt €50,738
Debt's share of the balance-sheet total is 93.2%.
Key figures and ratios
2025 value
EBITDA
€5,037
Cash flow
€4,127
Current ratio
0.42
Debt to equity
13.79
ROE
97.3%
ROA
6.6%
Debt ≤ 1 year
€50,738
Income taxes
€910

Investments

fixed assets acquired
Item2025
Tangible fixed assets€33,419
Depreciation and write-downs of the year€549

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

Comparable companies

These companies have the same main activity as BITMASTERS: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €42,400 and €73,500, founded between 2024 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
BITMASTERS Sint-Agatha-Berchem2025€54,416€3,678€5,037€3,5782025
iTomyx Liège2025€53,495€2,038€5,171€1,5382025
VOS Aalst2025€73,451€6,151€4,961€3,6512025
Loxodonta Boechout2025€66,087€5,485€6,436€2,4852025
N-Tech Solutions Anderlecht2025€42,402€7,462€7,995€5,4622025
Pro X Wevelgem2025€61,794€8,717€7,037€1,7172025
be.Oele Ternat2024€50,236€5,928€6,122€3,9282025

They were chosen from the 18,968 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 320 companies had the same profile as BITMASTERS has now. Two years later, 0.9% had gone bankrupt and 96.6% were still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
0.9% went bankrupt
2.5% stopped otherwise
96.6% was still going

That fits the bankruptcy probability of BITMASTERS itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,446 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 320 companies, not a prediction for BITMASTERS. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 29 lines

Source: Annual accounts 2025 at the NBB, filed on 16-09-2026.

Balance sheet Code2025
Assets
Total assets20/58€54,416
Fixed assets21/28€32,870
Tangible fixed assets22/27€32,870
Furniture and vehicles24€32,870
Current assets29/58€21,546
Amounts receivable within one year40/41€10,849
Trade receivables40€10,849
Cash at bank and in hand54/58€10,697
Equity and liabilities
Total equity and liabilities10/49€54,416
Equity10/15€3,678
Contributions10/11€100
Reserves13€3,578
Distributable reserves133€3,578
Amounts payable17/49€50,738
Amounts payable within one year42/48€50,738
Taxes, remuneration and social security45€12,423
Taxes450/3€5,973
Remuneration and social security454/9€6,450
Other amounts payable47/48€38,315
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€549
Gross operating margin9900€5,037
Operating profit (loss)9901€4,488
Profit (loss) for the period before taxes9903€4,488
Income taxes67/77€910
Profit (loss) for the period9904€3,578
Profit (loss) for the period to be appropriated9905€3,578
Appropriation of the result
Profit (loss) to be appropriated9906€3,578
Transfer to equity691/2€3,578
To other reserves6921€3,578

The notes to these accounts have 5 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.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€549
Gross operating margin9900€5,037
Operating profit (loss)9901€4,488
Profit (loss) for the period before taxes9903€4,488
Income taxes67/77€910
Profit (loss) for the period9904€3,578
Profit (loss) for the period to be appropriated9905€3,578
Line2025
Assets
Total assets20/58€54,416
Fixed assets21/28€32,870
Tangible fixed assets22/27€32,870
Furniture and vehicles24€32,870
Current assets29/58€21,546
Amounts receivable within one year40/41€10,849
Trade receivables40€10,849
Cash at bank and in hand54/58€10,697
Equity and liabilities
Total equity and liabilities10/49€54,416
Equity10/15€3,678
Contributions10/11€100
Reserves13€3,578
Distributable reserves133€3,578
Amounts payable17/49€50,738
Amounts payable within one year42/48€50,738
Taxes, remuneration and social security45€12,423
Taxes450/3€5,973
Remuneration and social security454/9€6,450
Other amounts payable47/48€38,315
Line2025
Profit (loss) for the period9904€3,578
+ Depreciation and write-downs630€549
Operating cash flow (approximation)€4,127

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 16-09-2026 2026-00519808 NBB

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