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BITS AND BYTES

Active
Public limited companyfounded 1989active for 37 yearsSteenweg 3, 3540 Herk-de-Stad, BelgiumKBO/BCE: BE 0438.249.562
Summary

BITS AND BYTES has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of -€212,009. Equity has been shrinking by about 9.7% per year since 2019. Its solvency ranks better than 71% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 04-09-1989 Normal situation
Registered office
167 active companies are registered at this address 12 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Wholesale of information and communication equipment NACE 46500and 2 others
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
100 Aanvullend Paritair Comité voor de werklieden · annual accounts 30-06-2022
Establishment unit
2.045.257.965 3540 Herk-de-Stad, since 18-10-1989
Financial year end
30 June
Peppol
Reachable since 13-01-2026

Board and ownership

Board

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Gross margin
€275,435
▼ 59.6%
Turnover
≈ €1.4m
estimated
Loss
€212,009
Equity
€1.9m
▼ 10.1%
Total assets
€2.8m
▼ 11.5%
Employees on 30-06-2025
3
=
Score breakdownraises riskLoss of €212,009 (financial year 2025)lowers riskFounded in 1989Size: total assets €2.8mEquity €1.9m (66.5% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 91+1
equity 66.5% of total assets
Liquidity 52-2
short-term debt 23.7% · cash 8.1%
Profitability 59-11
return on assets -7.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: 0.1%▲ +0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.2%▲ +0.1 percentage points vs 12-2025highest value 02-2026: 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €170,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.76 (0.86 in 2024), below 1. Short-term debt is 23.7% and cash 8.1% of total assets. 33.5% of the assets are financed with debt and provisions.
Calculation

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 46, small). It does better than 76% of them on solvency, 66% on liquidity, 44% on profitability and 17% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

Credit check for an amount and term of your choice

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.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €212,009 (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €2.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €1.9m (66.5% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
10 days early
2023
42 days early
2022
8 days early
2021
28 days early
2020
40 days early
2019
5 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 21 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 29-01-2026 PDF all 36 filings

Turnover
≈ €1.4m
Estimated: probably between €860,000 and €2.4m
Total assets
€2.8m▼ 11.5%
2024 · €3.2m
Net result
-€212,009
2024 · €21,423
Working capital
-€164,586▼ 48.4%
2024 · -€110,928
Multi-year overview
2019 to 2025, 7 financial years
Operating result
-€217,049
2025
20192025
Net result
-€212,009
2025
lowest quarter of the sector
20192025
Equity
€1.9m
▼ 10.1% 2025
highest quarter of the sector
20192025
Total assets
€2.8m
▼ 11.5% 2025
highest quarter of the sector
20192025
Debt
€858,063
▼ 15.3% 2025
20192025
Working capital
-€164,586
▼ 48.4% 2025
lowest quarter of the sector
20192025
Solvency
66.5%
▲ 1.0pp 2025
middle half of the sector
20192025
Current ratio
0.76
▼ 0.10 2025
lowest quarter of the sector
20192025
Return on assets (ROA)
-7.5%
▼ 8.1pp 2025
lowest quarter of the sector
20192025
Staff (FTE)
3.4
▼ 15.0% 2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€1.9m--€0.2m-€0.3m▼ 13.3%-€0.3m▼ 24.8%-€0.09m▲ 72.7%€0.1m-€0.2m
Net result€2.0m--€0.2mbelow the sector's middle half-€0.3mbelow the sector's middle half▼ 22.1%-€0.4mbelow the sector's middle half▼ 27.4%-€0.1mbelow the sector's middle half▲ 73.1%€0.02mwithin the sector's middle half-€0.2mbelow the sector's middle half
Equity€4.4m-€2.8mabove the sector's middle half▼ 36.0%€2.5mabove the sector's middle half▼ 10.1%€2.2mabove the sector's middle half▼ 14.3%€2.1mabove the sector's middle half▼ 4.5%€2.1mabove the sector's middle half▲ 1.0%€1.9mabove the sector's middle half▼ 10.1%
Total assets€4.6m-€3.5mabove the sector's middle half▼ 22.7%€3.6mabove the sector's middle half▲ 3.4%€3.2mabove the sector's middle half▼ 12.6%€3.8mabove the sector's middle half▲ 18.9%€3.2mabove the sector's middle half▼ 15.3%€2.8mabove the sector's middle half▼ 11.5%
Debt€0.2m-€0.7m▲ 359%€1.1m▲ 57.5%€1.0m▼ 8.9%€1.7m▲ 69.2%€1.0m▼ 40.7%€0.9m▼ 15.3%
Working capital€3.2m-€1.2mabove the sector's middle half▼ 63.0%€0.4mwithin the sector's middle half▼ 69.6%-€0.2mbelow the sector's middle half-€0.5mbelow the sector's middle half▼ 121%-€0.1mbelow the sector's middle half▲ 78.7%-€0.2mbelow the sector's middle half▼ 48.4%
Solvency96.6%-80.0%above the sector's middle half▼ 16.6pp69.6%above the sector's middle half▼ 10.4pp68.3%above the sector's middle half▼ 1.3pp54.9%within the sector's middle half▼ 13.4pp65.4%within the sector's middle half▲ 10.6pp66.5%within the sector's middle half▲ 1.0pp
Current ratio24.89-5.00above the sector's middle half▼ 19.891.47within the sector's middle half▼ 3.530.67below the sector's middle half▼ 0.810.64below the sector's middle half▼ 0.030.86below the sector's middle half▲ 0.220.76below the sector's middle half▼ 0.10
Return on assets (ROA)43.2%--6.6%below the sector's middle half▼ 49.8pp-7.8%below the sector's middle half▼ 1.2pp-11.4%below the sector's middle half▼ 3.6pp-2.6%below the sector's middle half▲ 8.8pp0.7%within the sector's middle half▲ 3.2pp-7.5%below the sector's middle half▼ 8.1pp
Staff (FTE)5.4-5.6within the sector's middle half▲ 3.7%5.9within the sector's middle half▲ 5.4%5.5within the sector's middle half▼ 6.8%4.9within the sector's middle half▼ 10.9%4within the sector's middle half▼ 18.4%3.4▼ 15.0%
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €217,049, after a profit of €140,723 in 2024.

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.8m
Fixed assets €2.3m ▼ 7.8%
Current assets €508,360 ▼ 25.1%
Equity and liabilities €2.8m
Equity €1.9m ▼ 10.1%
Provisions €94,182 ▼ 1.0%
Debt €858,063 ▼ 15.3%
Debt's share of the balance-sheet total falls from 31.6% to 30.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€25,443▼
2024 · €377,341
Cash flow
€30,483▼
2024 · €258,041
Quick ratio
0.55▼
2024 · 0.67
Debt to equity
0.45▼
2024 · 0.48
ROE
-11.2%▼
2024 · 1.0%
Interest coverage
7.36▼
2024 · 23.33
Debt ≤ 1 year
€672,946▼
2024 · €789,471
Debt > 1 year
€180,619▼
2024 · €220,635
Income taxes
€1,490▼
2024 · €9,888
Staff costs
€227,339▼
2024 · €271,607
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item30-06-202230-06-202330-06-202430-06-2025
Employees at the balance-sheet date7833
full-time6733
part-time1100
in full-time equivalents6.3033
Average over the year, in full-time equivalents5.54.943.4
On a permanent contract6533
Joined418103
Left317153

Source: social balance sheet in the 2022 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item30-06-202230-06-202330-06-202430-06-2025
Debts secured on the company's own assets--€260,332-
Mortgages, amount registered€100,000-€100,000€100,000
Mortgage mandates€300,000---
Carrying value of the mortgaged assets€713,674-€650,425€603,045

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-06-202230-06-202330-06-202430-06-2025
Tangible fixed assets€415,687€248,145€36,704€45,048
Intangible fixed assets-€130,000--
Depreciation and write-downs of the year€216,003€223,715€236,619€242,492

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 65 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.2m€2.8m▼
Fixed assets21/28€2.5m€2.3m▼
Intangible fixed assets21€0.2m€0.1m▼
Tangible fixed assets22/27€2.3m€2.2m▼
Land and buildings22€2.3m€2.1m▼
Plant, machinery and equipment23€0.002m€0.006m▲
Furniture and vehicles24€0.03m€0.04m▲
Financial fixed assets28€0-
Current assets29/58€0.7m€0.5m▼
Stocks and contracts in progress3€0.2m€0.1m▼
Stocks30/36€0.2m€0.1m▼
Amounts receivable within one year40/41€0.2m€0.1m▼
Trade receivables40€0.2m€0.1m▼
Other amounts receivable41-€21
Cash at bank and in hand54/58€0.3m€0.2m▼
Deferred charges and accrued income490/1€0.007m€0.006m▼
Equity and liabilities
Total equity and liabilities10/49€3.2m€2.8m▼
Equity10/15€2.1m€1.9m▼
Contributions10/11€0.3m€0.3m=
Capital10€0.3m€0.3m=
Issued capital100€0.3m€0.3m=
Reserves13€1.8m€1.6m▼
Non-distributable reserves130/1€0.03m€0.03m=
Legal reserve130€0.03m€0.03m=
Tax-exempt reserves132€1.0m€0.8m▼
Distributable reserves133€0.9m€0.8m▼
Provisions and deferred taxes16€0.1m€0.09m▼
Deferred taxes168€0.1m€0.09m▼
Amounts payable17/49€1.0m€0.9m▼
Amounts payable after more than one year17€0.2m€0.2m▼
Financial debts170/4€0.2m€0.2m▼
Amounts payable within one year42/48€0.8m€0.7m▼
Current portion of amounts payable after more than one year42€0.04m€0.04m▲
Trade debts44€0.03m€0.02m▼
Suppliers440/4€0.03m€0.02m▼
Taxes, remuneration and social security45€0.04m€0.04m▼
Taxes450/3€0.02m€0.01m▼
Remuneration and social security454/9€0.02m€0.03m▲
Other amounts payable47/48€0.7m€0.6m▼
Accrued charges and deferred income492/3€0.003m€0.004m▲
Income statement Code20242025
Non-recurring operating income76A€0.4m€0▼
Remuneration, social security and pensions62€0.3m€0.2m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.006m-€0.02m▼
Other operating charges640/8€0.04m€0.05m▲
Non-recurring operating charges66A€0.002m€175▼
Gross operating margin9900€0.7m€0.3m▼
Operating profit (loss)9901€0.1m-€0.2m▼
Financial income75/76B€0.002m€0.009m▲
Recurring financial income75€0.002m€0.009m▲
Financial charges65/66B€0.02m€0.003m▼
Recurring financial charges65€0.02m€0.003m▼
Profit (loss) for the period before taxes9903€0.1m-€0.2m▼
Transfer from deferred taxes780€140€0.001m▲
Transfer to deferred taxes680€0.1m€0▼
Income taxes67/77€0.01m€0.001m▼
Profit (loss) for the period9904€0.02m-€0.2m▼
Transfer from tax-exempt reserves789€0.1m€0.1m▲
Transfer to tax-exempt reserves689€0.3m€0▼
Profit (loss) for the period to be appropriated9905-€0.1m-€0.08m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.1m-€0.08m▲
Transfer from equity791/2€0.1m€0.08m▼
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance sheet
Average headcount (FTE)90874.0-

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 29-01-2026.

Line2019202020212022202320242025Change
Non-recurring operating income76A-----€0.4m€0▼ 100%
Remuneration, social security and pensions62---€0.3m€0.3m€0.3m€0.2m▼ 16.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▲ 2.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4------€0.006m-€0.02m▼ 333%
Other operating charges640/8---€0.02m€0.02m€0.04m€0.05m▲ 33.4%
Non-recurring operating charges66A-----€0.002m€175▼ 92.8%
Gross operating margin9900€2.4m€0.3m€0.3m€0.2m€0.5m€0.7m€0.3m▼ 59.6%
Operating profit (loss)9901€1.9m-€0.2m-€0.3m-€0.3m-€0.09m€0.1m-€0.2m-
Financial income75/76B---€0.002m€0.002m€0.002m€0.009m▲ 369%
Recurring financial income75€0.03m€0.02m€0.001m€0.002m€0.002m€0.002m€0.009m▲ 369%
Financial charges65/66B---€0.005m€0.004m€0.02m€0.003m▼ 78.6%
Recurring financial charges65€0.002m€0.004m€0.009m€0.005m€0.004m€0.02m€0.003m▼ 78.6%
Profit (loss) for the period before taxes9903€2.0m-€0.2m-€0.3m-€0.3m-€0.1m€0.1m-€0.2m-
Transfer from deferred taxes780-----€140€0.001m▲ 595%
Transfer to deferred taxes680-----€0.1m€0▼ 100%
Income taxes67/77-€0.003m€0.005m€0.02m€0.002m€0.01m€0.001m▼ 84.9%
Profit (loss) for the period9904€2.0m-€0.2m-€0.3m-€0.4m-€0.1m€0.02m-€0.2m-
Transfer from tax-exempt reserves789---€0.5m€0.1m€0.1m€0.1m▲ 2.8%
Transfer to tax-exempt reserves689-----€0.3m€0▼ 100%
Profit (loss) for the period to be appropriated9905€0.02m€0.05m€0.04m€0.1m€0.03m-€0.1m-€0.08m▲ 41.4%
Line2019202020212022202320242025Change
Assets
Total assets20/58€4.6m€3.5m€3.6m€3.2m€3.8m€3.2m€2.8m▼ 11.5%
Fixed assets21/28€1.2m€2.0m€2.5m€2.7m€2.9m€2.5m€2.3m▼ 7.8%
Intangible fixed assets21€0.3m€0.3m€0.2m€0.2m€0.3m€0.2m€0.1m▼ 29.1%
Tangible fixed assets22/27€0.8m€1.7m€2.3m€2.5m€2.6m€2.3m€2.2m▼ 5.9%
Land and buildings22---€2.5m€2.5m€2.3m€2.1m▼ 6.9%
Plant, machinery and equipment23---€0.008m€0.005m€0.002m€0.006m▲ 148%
Furniture and vehicles24---€0.01m€0.03m€0.03m€0.04m▲ 70.1%
Financial fixed assets28€0.02m€0.02m€0.02m€0.02m€0.01m€0--
Current assets29/58€3.4m€1.5m€1.1m€0.5m€0.9m€0.7m€0.5m▼ 25.1%
Stocks and contracts in progress3€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.1m▼ 9.5%
Stocks30/36---€0.2m€0.2m€0.2m€0.1m▼ 9.5%
Amounts receivable within one year40/41€2.9m€0.4m€0.4m€0.2m€0.4m€0.2m€0.1m▼ 27.2%
Trade receivables40---€0.2m€0.4m€0.2m€0.1m▼ 27.2%
Other amounts receivable41------€21-
Cash at bank and in hand54/58€0.2m€0.9m€0.6m€0.04m€0.3m€0.3m€0.2m▼ 31.3%
Deferred charges and accrued income490/1---€0.004m€0.003m€0.007m€0.006m▼ 6.5%
Equity and liabilities
Total equity and liabilities10/49€4.6m€3.5m€3.6m€3.2m€3.8m€3.2m€2.8m▼ 11.5%
Equity10/15€4.4m€2.8m€2.5m€2.2m€2.1m€2.1m€1.9m▼ 10.1%
Contributions10/11€1.6m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Capital10---€0.3m€0.3m€0.3m€0.3m=
Issued capital100---€0.3m€0.3m€0.3m€0.3m=
Reserves13€2.8m€2.6m€2.3m€1.9m€1.8m€1.8m€1.6m▼ 11.5%
Non-distributable reserves130/1---€0.03m€0.03m€0.03m€0.03m=
Legal reserve130---€0.03m€0.03m€0.03m€0.03m=
Tax-exempt reserves132---€0.9m€0.8m€1.0m€0.8m▼ 13.9%
Distributable reserves133---€1.0m€1.0m€0.9m€0.8m▼ 9.2%
Provisions and deferred taxes16-----€0.1m€0.09m▼ 1.0%
Deferred taxes168-----€0.1m€0.09m▼ 1.0%
Amounts payable17/49€0.2m€0.7m€1.1m€1.0m€1.7m€1.0m€0.9m▼ 15.3%
Amounts payable after more than one year17€0.02m€0.4m€0.3m€0.3m€0.3m€0.2m€0.2m▼ 18.1%
Financial debts170/4---€0.3m€0.3m€0.2m€0.2m▼ 18.1%
Amounts payable within one year42/48€0.1m€0.3m€0.8m€0.7m€1.4m€0.8m€0.7m▼ 14.8%
Current portion of amounts payable after more than one year42---€0.04m€0.04m€0.04m€0.04m▲ 0.8%
Trade debts44€0.06m€0.1m€0.2m€0.1m€0.3m€0.03m€0.02m▼ 37.5%
Suppliers440/4---€0.1m€0.3m€0.03m€0.02m▼ 37.5%
Taxes, remuneration and social security45---€0.08m€0.04m€0.04m€0.04m▼ 11.1%
Taxes450/3---€0.03m€0.007m€0.02m€0.01m▼ 29.3%
Remuneration and social security454/9---€0.05m€0.04m€0.02m€0.03m▲ 3.5%
Other amounts payable47/48---€0.5m€1.0m€0.7m€0.6m▼ 14.8%
Accrued charges and deferred income492/3-----€0.003m€0.004m▲ 73.0%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€2.0m-€0.2m-€0.3m-€0.4m-€0.1m€0.02m-€0.2m-
+ Depreciation and write-downs630€0.1m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▲ 2.5%
Operating cash flow (approximation)€2.1m-€0.05m-€0.08m-€0.1m€0.1m€0.3m€0.03m▼ 88.2%
Investment in fixed assets (approximation)--€1.0m-€0.7m-€0.4m-€0.4m€0.09m-€0.05m-
Change in cash-€0.6m-€0.3m-€0.6m€0.3m-€0.004m-€0.1m▼ 2,905%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 12,322 companies had the same profile as BITS AND BYTES has now. Two years later, 90.3% were still going and 0.7% had gone bankrupt.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
90.3% was still going
8.6% stopped otherwise
0.7% went bankrupt

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BITS AND BYTES itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 12,322 companies, not a prediction for BITS AND BYTES. 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.

Latest 10 of 36 filings with the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 29-01-2026 2026-00017890 PDF
30-06-2024 abbreviated format 21-01-2025 2025-00007258 PDF
30-06-2023 abbreviated format 20-12-2023 2023-00532151 PDF
30-06-2022 abbreviated format 23-01-2023 2023-00001510 PDF
30-06-2021 abbreviated format 03-01-2022 2022-00100037 PDF
30-06-2020 abbreviated format 22-12-2020 2020-76400510 PDF
30-06-2019 abbreviated format 05-02-2020 2020-04300435 PDF
30-06-2018 abbreviated format 29-01-2019 2019-02500154 PDF
30-06-2017 abbreviated format 08-01-2018 2018-00300576 PDF
30-06-2016 abbreviated format 20-12-2016 2016-70500111 PDF

Show all 36 filings

Board & ownership

Directors

Directors
2 directors, 2 in day-to-day management, last change in 2024

Board 2

KNOORS William
Director · in office according to the act of 15-02-2024 · 6-year term from 2024 · listed in the 2025 annual accounts, filed on 29-01-2026
Current
VANDERLINDEN Sylvia
Director · in office according to the act of 15-02-2024 · 6-year term from 2024 · listed in the 2025 annual accounts, filed on 29-01-2026
Current

Day-to-day management 2

KNOORS William
Managing director · appointed in the act of 15-02-2024
Current
VANDERLINDEN Sylvia
Managing director · appointed in the act of 15-02-2024
Current

Owners and capital

Mandate history

3 people, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
KNOORS William
  • Director, since before 15-02-2024
  • Managing director, appointed in the act of 15-02-2024, still in office
VANDERLINDEN Sylvia
  • Director, since before 15-02-2024
  • Managing director, appointed in the act of 15-02-2024, still in office
KNOORS Johannes
  • Director, until 15-02-2024
See the board, name and registered office on a given date →

Network & group

Acquisitions and mergers

1 transaction
Took over:IL MONDO VERDE

Companies at the same address

166 other companies

Connections & network

2 current directors
Depth

The network starts from the directors of BITS AND BYTES. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-01-2027
2026
29-01
NBB filing Annual accounts 2025 filedPDF
micro format · 2 days before the deadline
2025
21-01
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 10 days before the deadline
2024
30-06
Financial Back to profitnet €21,423
The net result is €21,423, after 4 loss-making years.
15-02
Gazette deed Merger: Bits & Bytes takes over IL MONDO VERDE
Changes of role: KNOORS William (managing director) and VANDERLINDEN Sylvia (managing director) · Resignation: KNOORS Johannes (director) · Reappointments: KNOORS William (director) and VANDERLINDEN Sylvia (director)15 points ▸
  • General meeting, “éénparigheid van stemmen, buitengewone algemene vergadering” (deed in Dutch)
  • Merger, “meer dan zes weken voor de huidige algemene vergaderingen”, 01-12-2021 (deed in Dutch)
  • Other provision, “fusievoorstellen ter beschikking voor kennisneming, respectievelijke aandeelhouders” (deed in Dutch)
  • Other provision, “vermogen van ieder van de betrokken vennootschappen, geen belangrijke wijzigingen in activa en passiva” (deed in Dutch)
  • Other provision, “bevestiging kennis fusievoorstellen, aanwezige of vertegenwoordigde aandeelhouders en bestuurders” (deed in Dutch)
  • Merger, “gehele vermogen zowel rechten als verplichtingen, vanaf heden op te bestaan” (deed in Dutch)
  • The company holds all the shares of IL MONDO VERDE
  • Accounting effect, 31-10-2021
  • Director resignation, KNOORS William (director)
  • Director resignation, VANDERLINDEN Sylvia (director)
  • Director resignation, KNOORS Johannes (director)
  • Director reappointment, KNOORS William (director)
  • The act holds 3 more points.

Open the act in the Belgian Official Gazette

2023
20-12
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 42 days before the deadline
23-01
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 8 days before the deadline
2022
30-06
Financial Weakest financial yearnet -€361,423
The net result drops to -€361,423, the lowest from 2019 to 2025. It recovers the following year.
03-01
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 28 days before the deadline
2020
22-12
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 40 days before the deadline
05-02
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 5 days late
2019
29-01
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 2 days before the deadline
2018
08-01
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 23 days before the deadline
2016
20-12
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 42 days before the deadline
1989
23-09
Gazette deed Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

BITS AND BYTES was incorporated on 4 September 1989.1 Total assets fell from €4.6m in 2019 to €2.8m in 2025 and headcount from 5.4 to 3.4 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Register details

Identity

KBO record
Name BITS AND BYTES in Dutch
Enterprise number 0438.249.562
Legal form Public limited company
Status Active, normale toestand
Founded 04-09-1989
Entity type Legal entity

Registered office and establishments

Registered office Steenweg 3, 3540 Herk-de-Stad, Belgium
Establishment unit BITS & BYTES, BITAC COMPUTERS, Steenweg 3, 3540 Herk-de-Stad since 18-10-1989 · unit number 2.045.257.965

Activities

NACEBEL 2025
VAT activities
46500 Wholesale of information and communication equipment main activity
47400 Retail sale of information and communication equipment
63100 Computing infrastructure, data processing, hosting and related activities
Social security (RSZ) activities
46500 Wholesale of information and communication equipment main activity
Codes under NACEBEL 2008
VAT activities
46510 Wholesale trade main activity
47410 Retail trade
47430 Retail trade
63110 Computing infrastructure, data processing, hosting and other information service activities
Social security (RSZ) activities
46510 Wholesale trade main activity
Codes under NACEBEL 2003
51840 main activity
Joint committees 200 Aanvullend Paritair Comité voor de bedienden
100 Aanvullend Paritair Comité voor de werklieden annual accounts 30-06-2022

Invoicing and payment

VAT number BE 0438.249.562
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0438249562
Registered 13-01-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 30-06

Sites & property

Location
registered office establishment The establishment unit on the map
167 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
5,956 m²
Building footprint
357 m²
Building volume
2,407 m³
Cadastral parcel Region Area Buildings Height / floors
71003B0070/00Z004 Flanders 5,956 m² 1 · 357 m² 7.5 m · 2