General partnership · founded 2006 · active 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).
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
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2012 are too old to assess current financial health.
Financial strength, FY 2012
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency77
equity 52.1% of total assets
Liquidity67
short-term debt 31.3% · cash 24.6%
Profitability76
return on assets 15.5%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
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 months11-2024: 0.4%highest value12-2024: 0.4%● unchanged vs 11-2024highest value01-2025: 0.4%● unchanged vs 12-2024highest value02-2025: 0.4%● unchanged vs 01-2025highest value03-2025: 0.4%● unchanged vs 02-2025highest value04-2025: 0.4%● unchanged vs 03-2025highest value05-2025: 0.4%● unchanged vs 04-2025highest value06-2025: 0.4%● unchanged vs 05-2025highest value07-2025: 0.4%● unchanged vs 06-2025highest value08-2025: 0.4%● unchanged vs 07-2025highest value09-2025: 0.4%● unchanged vs 08-202510-2025: 0.4%● unchanged vs 09-202511-2025: 0.4%● unchanged vs 10-202512-2025: 0.4%● unchanged vs 11-202501-2026: 0.4%● unchanged vs 12-202502-2026: 0.4%● unchanged vs 01-202603-2026: 0.4%● unchanged vs 02-202604-2026: 0.4%● unchanged vs 03-202605-2026: 0.4%● unchanged vs 04-202606-2026: 0.4%● unchanged vs 05-202607-2026: 0.4%● unchanged vs 06-202608-2026: 0.4%● unchanged vs 07-202609-2026: 0.4%● unchanged vs 08-202610-2026: 0.4%● unchanged vs 09-2026lowest value
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.