Financials
- Fiscal year
- 2024
- Total assets
- €224,949
- Loss
- -€19,265
- Solvency
- 54.3%
Total assets▲ 5.5%
Net result
20212024
BITSCO
ActiveSummary
The computed 12-month bankruptcy probability of BITSCO is 2.1% (moderate). The 2024 annual accounts show equity of €122,212 and a net result of -€19,265. Equity is growing by ~37.1% per year across the filed fiscal years. Its solvency ranks better than 42% of 20,773 sector peers (NACE 62, fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Computer consultancy and computer facilities management
NACE 62200
1 site
Size
€224,949total assets 2024
- Equity
- €122,212
- Loss
- -€19,265
Turnover not published (abridged schema)
Structure
Accounts 68 days overdue0 of 4 deeds read
Why 53- 1 financial year not filed after the legal deadline; latest accounts 167 days late; 1 of the last 3 late- Figures for FY 2024 (filed 14-01-2026)+ Sector Computer programming, consultancy and related activities (NACE 62)+ Liquidity: current ratio 2.94, cash €94,448Show the evidence
Checked score
Score 2024
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 42% of its sector peers (NACE 62, micro)
Financial strength · tick = 2023
Strong
Solvency
79-12
equity 54.3% of total assets
Liquidity
92+7
short-term debt 22.3% · cash 42.0%
Profitability
8-92
return on assets -8.6%
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025lowest value
03-2025: 0.4%● unchanged vs 02-2025lowest value
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.5%▲ +0.1 percentage points vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 1.1%▲ +0.5 percentage points vs 07-2025
09-2025: 1.5%▲ +0.4 percentage points vs 08-2025
10-2025: 0.5%▼ -1.0 percentage point vs 09-2025
11-2025: 0.6%▲ +0.1 percentage points vs 10-2025
12-2025: 0.8%▲ +0.2 percentage points vs 11-2025
01-2026: 1.2%▲ +0.4 percentage points vs 12-2025
02-2026: 1.0%▼ -0.2 percentage points vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 0.9%▼ -0.1 percentage points vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 1.5%▲ +0.6 percentage points vs 07-2026
09-2026: 2.0%▲ +0.5 percentage points vs 08-2026
10-2026: 2.1%▲ +0.1 percentage points vs 09-2026highest value
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.94 against 2.88 in 2023; short-term debt: 22.3% and cash: 42% of total assets), and 45.7% of the assets are financed with debt.
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 47% on solvency, 80% on liquidity, 12% on profitability and 28% on growth.
The bankruptcy probability was computed on 06-10-2026 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
Five signals.
−lowers risk+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-01-2026, 167 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
167 days late
2023
7 days early
2022
4 days early
2021
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€19,265
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 7
- Since
- 2022
- 31-12-2023Highest result since 2021
- 31-12-2023Equity above €100,000
- 27-07-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Founded
- 12-01-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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