BITS & GRAIN
ActiveSummary
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 21,099 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €58,750
- Profit
- €55,750
Why 97raises riskFounded in 2024lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 2.66, cash €31,290Equity €58,750 (72.2% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 66% on solvency, 72% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: SICCARD, Alexander Rita Etienne…
Financials · financial year 2025, micro format
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: < 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,981 |
| Other operating charges640/8 | €446 |
| Gross operating margin9900 | €81,911 |
| Operating profit (loss)9901 | €74,484 |
| Financial income75/76B | €5 |
| Recurring financial income75 | €5 |
| Financial charges65/66B | €2,623 |
| Recurring financial charges65 | €2,623 |
| Profit (loss) for the period before taxes9903 | €71,866 |
| Income taxes67/77 | €16,116 |
| Profit (loss) for the period9904 | €55,750 |
| Profit (loss) for the period to be appropriated9905 | €55,750 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €81,423 | |
| Fixed assets21/28 | €21,022 | |
| Intangible fixed assets21 | €2,032 | |
| Tangible fixed assets22/27 | €18,990 | |
| Plant, machinery and equipment23 | €7,688 | |
| Furniture and vehicles24 | €11,302 | |
| Current assets29/58 | €60,401 | |
| Amounts receivable within one year40/41 | €27,617 | |
| Trade receivables40 | €26,425 | |
| Other amounts receivable41 | €1,192 | |
| Cash at bank and in hand54/58 | €31,290 | |
| Deferred charges and accrued income490/1 | €1,494 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €81,423 | |
| Equity10/15 | €58,750 | |
| Contributions10/11 | €3,000 | |
| Profit (loss) carried forward14 | €55,750 | |
| Amounts payable17/49 | €22,673 | |
| Amounts payable within one year42/48 | €22,673 | |
| Financial debts43 | €19 | |
| Credit institutions430/8 | €19 | |
| Trade debts44 | €1,900 | |
| Suppliers440/4 | €1,900 | |
| Taxes, remuneration and social security45 | €20,754 | |
| Taxes450/3 | €20,754 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €55,750 |
| + Depreciation and write-downs630 | €6,981 |
| Operating cash flow (approximation) | €62,731 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 04-06-2026 | 2026-00137427 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| SICCARD, Alexander Rita Etienne |
|
Owners and capital
Capital and shareholders
- SICCARD, Alexander Rita Etienne 300 shares (100%) · €3,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 21-10-2024 Incorporation · €3,000 · 300 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-10
Gazette deed
IncorporationAppointment: SICCARD, Alexander Rita Etienne (director) · Founder · Founding capital8 facts ▸
- Incorporation, “BITS & GRAIN” (deed in Dutch)
- Founder, SICCARD, Alexander Rita Etienne
- Founding capital, €3,000
- Other provision, “statuten” (deed in Dutch)
- Registered office clause, “9200 Dendermonde, Leugestraat 15/A000” (deed in Dutch)
- Board rule, 1
- Director appointment, SICCARD, Alexander Rita Etienne (director (not named in the articles))
- Other provision, “strafrechtelijk of burgerrechtelijk bestuursverbod om persoonlijk of via tussenpersoon onderneming uit te baten of functie van bestuurder,commissaris of zaakvoe…” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 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
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42007B0636/00C000 | Flanders | 961 m² | 1 · 215 m² | 9.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het ontwikkelen, implementeren en uitvoeren van teststrategieën voor softwareapplicaties; Het aanbieden van kwaliteitsborgingsdiensten…” (deed in Dutch)
16 activities (deed in Dutch)
- Het ontwikkelen, implementeren en uitvoeren van teststrategieën voor softwareapplicaties;
- Het aanbieden van kwaliteitsborgingsdiensten, waaronder functionele en niet-functionele testen, performance testing, usability testing, en security testing van software en IT-systemen;
- Het adviseren van bedrijven over softwarekwaliteit, testautomatisering en het optimaliseren van testprocessen;
- Het leveren van consultancy- en supportdiensten met betrekking tot softwareontwikkeling, -testing en -implementatie;
- Het ontwikkelen, verkopen en ondersteunen van tools en methodieken voor softwaretesting en kwaliteitsbewaking;
- Het uitdenken, ontwerpen, programmeren en monitoring van computerprogramma’s;
- Het beheren van computerfaciliteiten zoals onder meer het beheer van pc’s, werkstations, servers;
- Het verlenen van diverse technische en bedrijfseconomisch adviezen, good practices en servicediensten op het gebied van hardware en software.
- Het ontwikkelen, uitwerken, implementeren van organisaties en bedrijfsstructuren, allerhande businessprocessen en -ontwerpen;
- Het ontwerpen en uitrollen van diverse digitale transformaties binnen organisaties en bedrijven, inclusief het opstellen van diverse digitale agenda’s, projectmanagement en veranderingsmanagement;
- Het opmaken van diverse data analyses binnen een bedrijf, organisatie;
- Het verlenen van diverse adviezen op gebied van bedrijfsorganisatie, - structuur, veranderingsmanagement;
- Het geven van diverse opleidingen en workshops over organisatiebeheer en bedrijfsprocessen.
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen, alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan-en verkoop, de bouw, de verbouwing, de binnenhuisinrichting en decoratie, de huur en verhuur, de ruil, verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten;
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals de aankoop- en verkoop, de huur en verhuur, de ruil, in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, obligaties en staatsfondsen;
- Het verwerven en aanhouden van participaties, in eender welke vorm, in alle bestaande of op te richten, industriële, commerciële, financiële, landbouw- of immobiliën vennootschappen of ondernemingen, het stimuleren, de planning, de coördinatie van de ontwikkeling van de vennootschappen en ondernemingen, waarin een participatie aanhoudt, het deelnemen van hun beheer, bestuur vereffening, en toezicht alsmede het verlenen van technische, administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BITS & GRAIN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, algemene vergadering bepaalt aantal, duur en bij meerdere bevoegdheid” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met wettelijk voorgeschreven vermeldingen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday of May at 14:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering in vormen vereist voor statutenwijziging” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)