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Bits and fire

Active
Private limited companyfounded 2024active for 2 yearsKleistraat 1, 8820 Torhout, BelgiumKBO/BCE: BE 1014.821.621
Summary

Bits and fire has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,480 and a net result of €5,740. Its solvency ranks better than 34% of 2,602 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 08-10-2024 Normal situation
Activity
Other education NACE 85599
Establishment unit
2.364.723.309 8820 Torhout, since 08-10-2024
Financial year end
31 December
Peppol
Reachable since 08-12-2024

Board and ownership

Board
  • Moeder VosDirector · permanent representative Kristof Devos

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€6,401
Turnover
≈ €23,000
estimated
Profit
€5,740
Equity
€2,480
▲ 235%
Total assets
€10,455
▲ 78.9%
  • 2025 accounts filed 27 days after the deadline
Score breakdownraises riskFounded in 2024lowers riskSector: Education (NACE 85)Size: total assets €10,455Figures for financial year 2025 (filed on 27-08-2026)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of micro companies in education (NACE 85)
Financial strength · tick: 2024
Average
Solvency 49+11
equity 23.7% of total assets
Liquidity 28-24
short-term debt 71.0% · cash 13.2%
Profitability 100+100
return on assets 54.9%
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 0.1% (3,822 companies, NACE 85, micro)
Last 24 months 11-2025: 0.1% 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged 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: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
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 85, micro). It does better than 33% of them on solvency, 14% on liquidity, 90% on profitability and 96% 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Education (NACE 85)
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €10,455
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 · Figures for financial year 2025 (filed on 27-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 2 filings
Deviation from the deadline
2025
27 days late
2024
42 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 8 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Caution: Board changedlatest change 30-12-2025 · 1 in office 1 joined · 1 left View

Recent changes

  1. · Gazette deed Appointment: Moeder Vos BV (director)Permanent representative: Kristof Devos · Resignation: Kristof Devos (director)
  2. · Gazette deed IncorporationStarting capital €2,400 · Appointment: DEVOS Kristof Roger (director)
All 5 events

Comparable companies

These companies have the same main activity as Bits and fire: other education (NACE 85599). They are comparable in size and age: total assets between €11,700 and €17,600, founded between 2024 and 2025.

CompanyTotal assetsGross margin
Bits and fire Torhout€10,455€6,401
STIJNS COACH Ottignies-Louvain-la-Neuve€11,711€7,145
Tournavis Consultancy Hasselt€16,061€6,750
BREMISE Hasselt€15,414€7,558
Christine GILLON-psychologue Dalhem€17,558€7,155
EMANI’SENS Quaregnon€13,123€11,769
Wolf’s Health Concept Middelkerke€16,371€11,267
Full comparison

Key facts about Bits and fire

What is the company number of Bits and fire?
The company number of Bits and fire is 1014.821.621. The VAT number is the same number with BE in front: BE 1014.821.621.
Where is Bits and fire based?
The registered office is at Kleistraat 1, 8820 Torhout.Company details
What does Bits and fire do?
According to the KBO register, the main activity is other education (NACE 85599).
What is the legal form of Bits and fire?
The legal form of Bits and fire is Private limited company (BV).
When was Bits and fire founded?
Bits and fire was founded on 08-10-2024.
Is Bits and fire still active?
Yes, Bits and fire is an active enterprise in the KBO register.
What is the turnover of Bits and fire?
The turnover in financial year 2025 is ≈ €23,000. This figure is estimated from the gross margin of €6,401 and 42 comparable companies (NACE 855). It probably lies between €16,000 and €48,000. It is a rough estimate.Financials
Is Bits and fire profitable?
In financial year 2025, Bits and fire made a profit of €5,740.
Where can I find the annual accounts of Bits and fire?
Bits and fire filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Bits and fire due?
Bits and fire must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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