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BITS

Active Risk: very low
General partnershipfounded 2006active for 19 yearsBloemstraat 31, 9050 Gent, BelgiumKBO/BCE: BE 0885.703.634
Summary

BITS has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2012 annual accounts show equity of €64,447 and a net result of €19,123. The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
1 site
Size
€123,722total assets 2012
Equity
€64,447
Profit
€19,123
Turnover not published (abbreviated format)
Financial health
Bankruptcy probabilitywithin 12 months
0.4%
2012 figures too old to score
Structure
Accounts filed 56 days late0 of 3 deeds read
Signalsraises riskFigures for financial year 2012 (filed 08-04-2013)Latest accounts 57 days late; 1 of the last 3 latelowers riskSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Liquidity: current ratio 1.70, cash €30,486neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2012 are too old to assess current financial health.
Financial strength, FY 2012
Strong
Solvency 77
equity 52.1% of total assets
Liquidity 67
short-term debt 31.3% · cash 24.6%
Profitability 76
return on assets 15.5%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,793 companies, NACE 71, micro)
Last 24 months 11-2024: 0.4%highest value 12-2024: 0.4%● unchanged vs 11-2024highest value 01-2025: 0.4%● unchanged vs 12-2024highest value 02-2025: 0.4%● unchanged vs 01-2025highest value 03-2025: 0.4%● unchanged vs 02-2025highest value 04-2025: 0.4%● unchanged vs 03-2025highest value 05-2025: 0.4%● unchanged vs 04-2025highest value 06-2025: 0.4%● unchanged vs 05-2025highest value 07-2025: 0.4%● unchanged vs 06-2025highest value 08-2025: 0.4%● unchanged vs 07-2025highest value 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026lowest value
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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2012 (filed 08-04-2013)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Liquidity: current ratio 1.70, cash €30,486
NBB · annual accounts
raises risk · Latest accounts 57 days late; 1 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 30-06-2012 was due by 31-01-2013 and was filed on 28-03-2013, 56 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2012
56 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2012 · abbreviated…

Key points

  • Active since 2006founded 15-12-2006 19 years View
  • Total assets 2012first financial year filed €123,722 View

By topic

Financials

Financial year
2012
Total assets
€123,722
Profit
€19,123
Solvency
52.1%
Go to Financials

Company details

Sites
1
Legal form
General partnership
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
15-12-2006
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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