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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…

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
2012 value
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
Filed annual accounts As filed with the NBB · 2012 · 23 lines
Balance sheet Code2012
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
Income statement Code2012
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
Line2012
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
Line2012
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
Line2012
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.

Download as CSV

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 15 December 2006, BITS was incorporated.1 The company has filed annual accounts once, for financial year 2012.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2012

Acts, filings and financial milestones

2013
28-03
NBB filing Annual accounts filed
financial year 2012 · abbreviated format · 56 days late
NBB filing
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formGeneral partnership
Founded15-12-2006
Financial year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
55203Holiday cottages, homes and apartments
62900Other information technology and computer services
70200Business and other management consultancy
Contact
E-mail r_lode@hotmail.com
Phone 0476661808
E-invoicing
Reachable via Peppol
Peppol ID 0208:0885703634
Also 9925:BE0885703634
Registered 16-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 12 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2007
registered office establishment The establishment unit on the map
Ground area
316 m²
Building footprint
144 m²
Parcel 44363B0524/00W009, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BITS
Bloemstraat 31, 9050 GentRaising of other animals
since 2007unit no. 2.158.131.323
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44363B0524/00W009 Flanders 316 m² 1 · 144 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.