Equity
€1.9m from €4.4m in 2019
Equity fell by 57% in 6 years.
BITS AND BYTES
Lifetime
19 annual accounts with figures on one time axis, 36 filings since 1990peak €2.4m (2019)
€275,435▼ 59.6%
lowest -€361,423 (2022)
-€212,009▼ €233,432
peak €4.4m (2019)
€1.9m▼ 10.1%
€858,063▼ 15.3%
peak 10 FTE (2008)
-not published
Board3 names since 2001
2 directorsKNOORS William and 1 other
Documentsfilings and deeds
29-01-20262 days before the deadline
2025micro format
Gross margin from €681,000 to €275,435Loss of €212,009Debts from €1.0m to €858,063Cash from €335,987 to €230,751
Key points
from the 2025 annual accountsResult
-€212,009 -€212,009
From profit to loss in 2025, after a profit of €21,423 in 2024.
Investments
€45,048 0.2 × depreciation
Green is investment, beige is depreciation. Machinery stands 147.9% higher than in 2024.
Staff
3.4 FTE from 10 in 2008
Between 2008 and 2025, 66% of the full-time equivalents disappeared.
At the same address
162 companies
Position in the sector
-€212,009
Lower net result than 95% of companies in wholesale trade. Sector median €5,616 · 13,806 companies.
Checked score
93
Excellent
Financially stronger than 51% of small companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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
Financial strengthStrong
Score breakdown
raises risk
Loss of €212,009 (financial year 2025)
lowers risk
Founded in 1989
Size: total assets €2.8m
Equity €1.9m (66.5% of total assets)
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 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as BITS AND BYTES has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
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 497,447 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.
| 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.
Credit verdict
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.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 filingsDeviation 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 monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0438249562
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) · Gazette deed
Merger proposal: BITS AND BYTES takes over II Mondo Verde
The company holds all the shares of II Mondo Verde · Gazette deed
Registered office moved to Herk-de-Stad
Capital decrease of €1,350,000 to €250,000 · Capital from €1,600,000 to €250,000, 1,228 shares cancelled · New registered office: Steenweg 3 bus 5 08, 3540 Herk-de-Stad · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BITS AND BYTES Herk-de-Stad | €2.8m | €275,435 | 66.5% | - |
| FLANDERS INTERNATIONAL TRADING Ghent | €2.0m | €235,085 | 49.5% | 1.9 |
| OMNIPULL Diksmuide | €2.0m | €376,894 | 72.0% | 2.3 |
| ISATRONICK Antwerp | €1.8m | €194,362 | 85.2% | 3 |
| BELGIAN SERVICES COMPANY Grâce-Hollogne | €2.1m | €515,227 | 1.2% | 6.4 |
| LUMOTRONIC Tongeren-Borgloon | €1.9m | €649,855 | 55.7% | 2.9 |
| EURO BUROTIC Charleroi | €1.9m | €461,332 | 28.0% | 4.6 |
These companies have the same main activity as BITS AND BYTES: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €1.8m and €2.1m, founded between 1985 and 1993.
Official details
Source: KBO- Status
- Active since 04-09-1989Normal situation
- Registered office
- 167 active companies are registered at this address12 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Wholesale of information and communication equipmentNACE 46500and 2 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 100Auxiliary committee for blue-collar workers · annual accounts 30-06-2022
- Establishment unit
- 2.045.257.9653540 Herk-de-Stad, since 18-10-1989
- Financial year end
- 30 June
- Peppol
- Reachable since 13-01-2026
Annual accounts to 30-06-2025
- ≈ €1.4mestimated
- €2.8m▼ 11.5%
- Employeeson 30-06-2025
- 3=
- Filing
- Filed on 29-01-2026, 2 days before the end of the filing period
Insights on BITS AND BYTES
BITS AND BYTES files the micro format. That format states no turnover. The gross margin fell from €620,108 in 2007 to €275,435 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BITS AND BYTES
- What is the company number of BITS AND BYTES?
- The company number of BITS AND BYTES is 0438.249.562. The VAT number is the same number with BE in front: BE 0438.249.562.
- Where is BITS AND BYTES based?
- The registered office is at Steenweg 3, 3540 Herk-de-Stad.Company details
- What does BITS AND BYTES do?
- According to the KBO register, the main activity is wholesale of information and communication equipment (NACE 46500).
- What is the legal form of BITS AND BYTES?
- BITS AND BYTES is a public limited company (NV).
- When was BITS AND BYTES founded?
- BITS AND BYTES was founded on 04-09-1989.
- Is BITS AND BYTES still active?
- Yes, BITS AND BYTES is an active enterprise in the KBO register.
- How many employees does BITS AND BYTES have?
- BITS AND BYTES had an average of 3.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BITS AND BYTES fall under?
- In its 30-06-2022 annual accounts, BITS AND BYTES states joint committees 200 (Auxiliary committee for white-collar workers) and 100 (Auxiliary committee for blue-collar workers).
- What is the turnover of BITS AND BYTES?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €275,435 and 160 comparable companies (NACE 46). It probably lies between €850,000 and €2.4m.
- Is BITS AND BYTES profitable?
- In financial year 2025, BITS AND BYTES made a loss of €212,009.
- Where can I find the annual accounts of BITS AND BYTES?
- BITS AND BYTES filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BITS AND BYTES due?
- BITS AND BYTES must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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