Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2021 to 2025 closed with a loss. 2021 was the heaviest.
The 2020 accounts came latest: 151 days after the end of the period.
Lower solvency than 95% of companies in computer programming and consultancy. Sector median 46.4% · 3,407 companies.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 3% of them on solvency, 96% on liquidity, 5% on profitability and 21% 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 low class on 30-06-2025, 0.8% 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).
In July 2024, 6,908 companies had the same profile as Bitprods has now. Each dot stands for 18 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Bitprods itself is lower: 0.6% within 12 months. It rests on far more data about Bitprods than the profile alone.
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 6,908 companies, not a prediction for Bitprods. 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.
Cash is 71% of total assets. Equity is negative.
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.
The company filed its last 7 accounts on average 63 days after 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.
| Company | ||||
|---|---|---|---|---|
| Bitprods Zaventem | €26,464 | -€150,641 | -2699.2% | - |
| ASPA INTERNATIONAL Beveren-Kruibeke-Zwijndrecht | €25,352 | -€5,510 | -13.8% | - |
| Cyberty Forest | €25,807 | €404 | 1.4% | - |
| SpiraLink Ghent | €24,443 | -€18,512 | -113.5% | - |
| TOM ANTHONI Antwerp | €30,782 | -€1,226 | 31.0% | - |
| S/V FACTORY Zaventem | €30,349 | -€2,502 | 84.6% | - |
| ConDaSec Lubbeek | €23,620 | -€1,519 | 98.2% | - |
These companies have the same main activity as Bitprods: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €23,600 and €30,800, founded between 2015 and 2018.
Bitprods files the abbreviated format. That format states no turnover. The gross margin fell from -€7,035 in 2016 to -€150,641 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover: not included in this filing.
Higher than 24% of 2,259 companies in 2020.
Higher than 95% of 2,747 companies in 2024.
Lower than 95% of 3,316 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
26,464 | 32,080 | 40,211 | 59,335 | 47,962 | 2.2m | 1.8m | 1.8m | 1.9m | 1.6m | |
21/28 |
3,699 | 10,329 | 22,472 | 34,806 | - | 1.7m | 1.7m | 1.7m | 1.7m | 1.0m | |
22/27 |
3,699 | 10,329 | 22,472 | 34,806 | - | 1.7m | 1.7m | 1.7m | 1.7m | 1.0m | |
22 |
- | - | - | - | - | 1.7m | 1.7m | 1.7m | 1.7m | 1.0m | |
23 |
2,472 | 4,493 | - | - | - | 5,735 | 7,511 | 2,439 | 2,215 | - | |
24 |
1,227 | 5,836 | 22,472 | 34,806 | - | - | - | - | - | - | |
29/58 |
22,766 | 21,751 | 17,739 | 24,529 | 47,962 | 504,385 | 39,092 | 48,888 | 153,290 | 563,156 | |
40/41 |
3,977 | 8,119 | 2,309 | 2,592 | 12,872 | 481,305 | 31,037 | 33,780 | 63,336 | 17,692 | |
40 |
614 | - | - | - | 12,000 | 26,343 | 4,123 | 7,229 | 38,479 | - | |
41 |
3,362 | 8,119 | 2,309 | 2,592 | 872 | 454,962 | 26,914 | 26,551 | 24,857 | 17,692 | |
54/58 |
18,789 | 13,632 | 15,429 | 21,523 | 35,091 | 23,041 | 8,016 | 15,070 | 89,923 | 545,434 | |
490/1 |
- | - | - | 414 | - | 39 | 39 | 39 | 31 | 31 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
26,464 | 32,080 | 40,211 | 59,335 | 47,962 | 2.2m | 1.8m | 1.8m | 1.9m | 1.6m | |
10/15 |
-714,329 | -556,121 | -1.4m | -1.2m | -1.1m | 328,272 | 320,882 | 327,181 | 318,322 | 142,684 | |
10/11 |
1.4m | 1.4m | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 200,000 | |
100 |
- | - | - | - | - | - | 400,000 | 400,000 | 400,000 | 400,000 | |
101 |
- | - | - | - | - | - | - | - | - | 200,000 | |
14 |
-2.1m | -2.0m | -1.8m | -1.6m | -1.5m | -71,728 | -79,118 | -72,819 | -81,678 | -57,316 | |
16 |
- | - | - | - | - | 20,460 | - | - | - | - | |
160/5 |
- | - | - | - | - | 20,460 | - | - | - | - | |
164/5 |
- | - | - | - | - | 20,460 | - | - | - | - | |
17/49 |
740,794 | 588,201 | 1.4m | 1.3m | 1.1m | 1.8m | 1.4m | 1.5m | 1.6m | 1.4m | |
17 |
740,794 | 587,929 | 1.4m | 1.3m | 1.1m | 1.7m | 1.1m | 1.3m | 1.2m | 908,335 | |
170/4 |
740,794 | 587,929 | 1.4m | 1.3m | 1.1m | 1.7m | 1.1m | 1.3m | 1.2m | 908,335 | |
42/48 |
- | 272 | - | 4,561 | 548 | 106,072 | 276,490 | 212,922 | 368,435 | 530,935 | |
42 |
- | - | - | - | - | 96,298 | 94,315 | 46,266 | 45,116 | 28,453 | |
43 |
- | - | - | - | - | - | 1,690 | - | - | - | |
430/8 |
- | - | - | - | - | - | 1,690 | - | - | - | |
44 |
- | 272 | - | 4,561 | 395 | 9,775 | 24,985 | 41,156 | 63,319 | 102,482 | |
440/4 |
- | 272 | - | 4,561 | 395 | 9,775 | 24,985 | 41,156 | 63,319 | 102,482 | |
47/48 |
- | - | - | - | 152 | - | 155,500 | 125,500 | 260,000 | 400,000 | |
492/3 |
- | - | - | - | - | 3 | 20,460 | - | - | - | |
| Income statement | |||||||||||
9900 |
-150,641 | -178,266 | -152,335 | -107,717 | -77,886 | 71,933 | 79,873 | 71,439 | 33,057 | -7,035 | |
630 |
7,374 | 8,580 | 12,333 | 2,194 | - | 33,754 | 36,417 | 35,504 | 33,881 | 18,918 | |
631/4 |
- | -511,010 | - | 2,935 | 508,075 | - | - | - | - | - | |
635/8 |
- | - | - | - | -20,460 | - | - | - | - | - | |
640/8 |
- | 513,726 | 5,441 | 3,372 | - | 5,160 | 4,769 | 877 | 2,305 | 3,608 | |
66A |
- | - | - | - | 822,387 | - | - | - | - | - | |
9901 |
-158,015 | -189,563 | -170,109 | -116,218 | -1.4m | 33,020 | 38,687 | 35,059 | -3,128 | -29,561 | |
75/76B |
43 | 1,506 | - | 192 | - | - | - | 1 | 0 | 142 | |
75 |
43 | 1,506 | - | 192 | - | - | - | 1 | 0 | 142 | |
65/66B |
236 | -62 | 941 | 1,857 | 18,969 | 25,629 | 44,986 | 26,236 | 21,234 | 27,861 | |
65 |
236 | -62 | 941 | 1,857 | 18,969 | 25,629 | 44,986 | 26,236 | 21,234 | 27,861 | |
9903 |
-158,208 | -187,995 | -171,050 | -117,882 | -1.4m | 7,390 | -6,299 | 8,824 | -24,362 | -57,280 | |
67/77 |
- | 207 | 402 | - | - | - | - | -36 | - | 36 | |
9904 |
-158,208 | -188,202 | -171,452 | -117,882 | -1.4m | 7,390 | -6,299 | 8,860 | -24,362 | -57,316 | |
9905 |
-158,208 | -188,202 | -171,452 | -117,882 | -1.4m | 7,390 | -6,299 | 8,860 | -24,362 | -57,316 | |
| Appropriation of the result | |||||||||||
9906 |
-2.1m | -2.0m | -1.8m | -1.6m | -1.5m | -71,728 | -79,118 | -72,819 | -81,678 | -57,316 | |
14P |
-2.0m | -1.8m | -1.6m | -1.5m | -71,728 | - | - | - | - | - | |
| Document | |||||||||||
The notes to these accounts have 7 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 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00461761.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00461761 | |
| 31-12-2024 | abbreviated format | 04-07-2025 | 2025-00229857 | |
| 31-12-2023 | abbreviated format | 31-08-2024 | 2024-00442410 | |
| 31-12-2022 | abbreviated format | 01-09-2023 | 2023-00434848 | |
| 31-12-2021 | abbreviated format | 26-12-2022 | 2022-20546520 | |
| 31-12-2020 | abbreviated format | 29-12-2021 | 2021-82000504 | |
| 31-12-2019 | full format | 12-10-2020 | 2020-61100140 | |
| 31-12-2018 | full format | 30-07-2019 | 2019-39800264 | |
| 31-12-2017 | full format | 23-08-2018 | 2018-48100597 | |
| 31-12-2016 | full format | 22-08-2017 | 2017-45000433 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -150,641 | -180,983 | -157,776 | -114,024 | - | 66,773 | 75,104 | 70,563 | 30,752 | -10,643 | ||
| -150,834 | -179,622 | -159,119 | -115,688 | - | 41,144 | 30,118 | 44,364 | 9,518 | -38,398 | ||
| 744 | 6,659 | 0 | 37,000 | - | -14,982 | 6,471 | 46,986 | 745,232 | 1.0m | ||
| 5,157 | -1,798 | -6,094 | -13,568 | 12,050 | 15,025 | -7,053 | -74,853 | -455,511 | - | ||
| - | 21,479 | - | 19,968 | 47,415 | 398,313 | -237,398 | -164,033 | -215,145 | 32,221 | ||
| - | - | - | - | - | 15.1% | 18.3% | 18.3% | 16.9% | 9.0% | ||
| - | 79.89 | - | 5.38 | 87.60 | 4.76 | 0.14 | 0.23 | 0.42 | 1.06 | ||
| - | - | - | - | - | 5.54 | 4.46 | 4.47 | 4.92 | 10.09 | ||
| - | - | - | - | - | 2.3% | -2.0% | 2.7% | -7.7% | -40.2% | ||
| -597.8% | -586.7% | -426.4% | -198.7% | - | 0.3% | -0.4% | 0.5% | -1.3% | -3.6% | ||
| -637.74 | over 100 | -167.66 | -61.42 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A ratio outside any meaningful range has been withheld (balance sheet total €26,464, equity -€714,329).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | €744 | €6,659 | - | €37,000 | - |
| €7,374 | €8,580 | €12,333 | €2,194 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €158,015, smaller than the loss of €189,563 in 2024.
Equity is negative. Debt (€740,794) exceeds the balance-sheet total (€26,464).
Bitprods has no parent and no holdings in its annual accounts. Bitprods shares no director with another company.
| KANTOOR DESCHOUWER
registered office since 09-02-2004 · founded in 2004 |
total assets €1.4m (2025) 0863.286.538 |
| VAN TIFFANY'S
registered office since 01-07-2014 · founded in 2014 |
turnover €729,194 (2021) 0554.707.465 |
| Willy van den Berk
registered office since 26-06-1986 · founded in 1981 |
total assets €951,554 (2025) 0422.314.838 |
| AIRXPORT
registered office since 09-12-1976 · founded in 1976 |
total assets €774,996 (2025) 0416.634.103 |
| OFF THE ROCKS
registered office since 12-12-2018 · founded in 2018 · accounts filed late |
total assets €651,121 (2024) 0715.727.168 |
| SCANDINAVIAN FINANCIAL SERVICES
registered office since 27-07-1994 · founded in 1990 |
total assets €542,398 (2026) 0439.430.784 |
| Ecoform Management
registered office since 23-02-1995 · founded in 1985 · accounts filed late |
total assets €528,387 (2024) 0428.146.815 |
| WHATCOM CONSULTANTS
registered office since 18-06-2001 · founded in 2001 · accounts filed late |
total assets €523,101 (2024) 0475.010.186 |
| VIRINCO
registered office since 23-08-1990 · founded in 1990 · accounts filed late |
total assets €473,875 (2023) 0441.816.291 |
| THOLLEBEKE & PARTNERS bvbvba
registered office since 19-01-2005 · founded in 2005 |
2.4 FTE (2025) 0871.303.983 |
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 |
|---|---|---|
| Leuvensesteenweg 533 registered office 1930 Zaventem | 01-01-2021 | 2.328.992.467 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23772C0263/00A000 | 2,672 m² | 1 · 443 m² | 7.1 m · 2 |
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