Turnover
≈ €160,000 estimated
The micro format states no turnover.
BITS & GRAIN
Lifetime
1 annual account with figurespeak €81,911 (2025)
€81,911
peak €55,750 (2025)
€55,750
peak €58,750 (2025)
€58,750
€22,673
Board1 name since 2024
1 directorSICCARD, Alexander Rita Etienne
Documentsfilings and deeds
04-06-202657 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€3,000 300 shares
Checked score
97
Excellent
Financially stronger than 73% of micro companies in computer programming and consultancy (NACE 62)
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: 0.1% across 25,933 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 0.4%
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: 0.5%▲ +0.1 percentage points vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026highest value
07-2026: < 0.1%▼ -0.5 percentage points vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Liquidity: current ratio 2.66, cash €31,290
Equity €58,750 (72.2% 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 62, micro). It does better than 66% of them on solvency, 72% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.
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, 39,278 companies had the same profile as BITS & GRAIN has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BITS & GRAIN itself is lower: < 0.1% within 12 months. It rests on far more data about BITS & GRAIN than the profile alone.
Test of the method
The method was tested on the 497,448 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 39,278 companies, not a prediction for BITS & GRAIN. 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 €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.66, above the usual 1.5. Short-term debt is 27.8% and cash 38.4% of total assets. 27.8% 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 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
57 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1015202394
Incorporation
Founding capital of €3,000, 300 shares · Founder: SICCARD, Alexander Rita Etienne · Appointment: SICCARD, Alexander Rita Etienne (director) · published on 21-10-2024 · Gazette deed
First establishment
Leugestraat 15, Dendermonde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BITS & GRAIN Dendermonde | €81,423 | €81,911 | 72.2% | - |
| Kargo Consult Sint-Lievens-Houtem | €82,918 | €80,135 | 61.6% | - |
| Code Cabinet Ghent | €85,374 | €81,021 | 72.4% | - |
| ITCH CONSULTING Lebbeke | €78,359 | €80,820 | 79.7% | - |
| C&C Forward Waasmunster | €86,453 | €75,878 | 67.5% | - |
| Messens Consulting Ghent | €80,561 | €80,174 | 81.7% | - |
| Aldego Ghent | €82,012 | €92,213 | 90.2% | - |
These companies have the same main activity as BITS & GRAIN: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €78,400 and €86,500, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 17-10-2024Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.365.187.5239200 Dendermonde, since 17-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2024
Annual accounts 2025
- €81,423
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on BITS & GRAIN
BITS & GRAIN has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,750 and a net result of €55,750.
Its solvency ranks better than 64% of 21,217 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
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 & GRAIN
- What is the company number of BITS & GRAIN?
- The company number of BITS & GRAIN is 1015.202.394. The VAT number is the same number with BE in front: BE 1015.202.394.
- Where is BITS & GRAIN based?
- The registered office is at Leugestraat 15, 9200 Dendermonde.Company details
- What does BITS & GRAIN do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of BITS & GRAIN?
- BITS & GRAIN is a private limited company (BV).
- When was BITS & GRAIN founded?
- BITS & GRAIN was founded on 17-10-2024.
- Is BITS & GRAIN still active?
- Yes, BITS & GRAIN is an active enterprise in the KBO register.
- What is the turnover of BITS & GRAIN?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €81,911 and 60 comparable companies (NACE 62200). It probably lies between €140,000 and €200,000.Financials
- Is BITS & GRAIN profitable?
- In financial year 2025, BITS & GRAIN made a profit of €55,750.
- Where can I find the annual accounts of BITS & GRAIN?
- BITS & GRAIN filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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