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).
Financials · financial year 2012, abbreviated format
Equity
€64,447
Total assets
€123,722
Net result
€19,123
Working capital
€27,022
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
Assets €123,722
Fixed assets
€57,918
Current assets
€65,805
Equity and liabilities €123,722
Equity
€64,447
Debt
€59,276
Debt finances 47.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€34,589
Cash flow
€20,521
Current ratio
1.70
Debt to equity
0.32
ROE
29.7%
ROA
15.5%
Debt ≤ 1 year
€38,783
Debt > 1 year
€20,493
Income taxes
€9,729
Annual accounts
| Line | 2012 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,398 |
| Gross operating margin9900 | €35,968 |
| Operating profit (loss)9901 | €33,191 |
| Recurring financial income75 | €29 |
| Recurring financial charges65 | €3,813 |
| Profit (loss) for the period before taxes9903 | €28,852 |
| Income taxes67/77 | €9,729 |
| Profit (loss) for the period9904 | €19,123 |
| Profit (loss) for the period to be appropriated9905 | €19,123 |
| Line | 2012 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €123,722 | |
| Fixed assets21/28 | €57,918 | |
| Tangible fixed assets22/27 | €57,918 | |
| Current assets29/58 | €65,805 | |
| Amounts receivable within one year40/41 | €25,719 | |
| Cash at bank and in hand54/58 | €30,486 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €123,722 | |
| Equity10/15 | €64,447 | |
| Contributions10/11 | €2,000 | |
| Reserves13 | €62,447 | |
| Amounts payable17/49 | €59,276 | |
| Amounts payable after more than one year17 | €20,493 | |
| Amounts payable within one year42/48 | €38,783 | |
| Trade debts44 | €10,071 | |
| Line | 2012 |
|---|---|
| Profit (loss) for the period9904 | €19,123 |
| + Depreciation and write-downs630 | €1,398 |
| Operating cash flow (approximation) | €20,521 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of the 11,492 companies in this sector, figures are known for 6,710. 5,190 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.