BITSCO
The computed 12-month bankruptcy probability of BITSCO is 0.6% (low). The 2024 annual accounts show equity of €122k and a net result of €-19k. Equity is growing by ~37.1% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €122k |
| Net result | €-19k |
| Active | 5 yrs |
| Locations | 1 |
Mixed profile: strong on solvency, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-10k |
| Net profit | €-19k |
| Cash flow | €-14k |
| Staff costs | - |
| Income taxes | €295 |
| Dividends | - |
| Total assets | €225k |
| Equity | €122k |
| Debt | €103k |
| of which ≤ 1y | €50k |
| of which > 1y | €53k |
| Working capital | €97k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.94 |
| Quick ratio | 2.94 |
| Working capital ratio | 43.2% |
| Solvency | 54.3% |
| Debt / equity | 0.84 |
| Long-term debt ratio | 0.43 |
| Interest coverage | -2.78 |
| Gross margin | - |
| Net margin | - |
| ROA | -8.6% |
| ROE | -15.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €225k |
| Fixed assets | 21/28 | €77k |
| Tangible fixed assets | 22/27 | €74k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €147k |
| Amounts receivable within one year | 40/41 | €53k |
| Cash & bank | 54/58 | €94k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €225k |
| Equity | 10/15 | €122k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €140k |
| Accumulated profits (losses) | 14 | €-19k |
| Amounts payable | 17/49 | €103k |
| Amounts payable after one year | 17 | €53k |
| Amounts payable within one year | 42/48 | €50k |
| Trade debts payable within one year | 44 | €11k |
| Income statement | ||
| Gross operating margin | 9900 | €-10k |
| Operating result | 9901 | €-16k |
| Financial income | 75 | €566 |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-19k |
| Income taxes | 67/77 | €295 |
| Net result for the period | 9904 | €-19k |
| Result to be appropriated | 9905 | €-19k |
| NACE primary | Computer programming & consultancy(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 12-01-2021 |
| Status | Active |
| Postal code | 2860 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0171/00V003 | Flanders | 743 m² | 1 · 102 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-09-2024 Registered office moved from Mechelen to Sint-Katelijne-Waver
- MC-Square offices, Schaliënhoevedreef 20T te 2800 Mechelen → Stationsstraat 257 te 2860 Sint-Katelijne-Waver
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Stationsstraat 257 te 2860 Sint-Katelijne-Waver",
"city": "Sint-Katelijne-Waver",
"region": "vlaams_gewest",
"street": "Stationsstraat",
"country": "BE",
"postcode": "2860",
"box_number": null,
"street_number": "257",
"locality_suffix": null
},
"old_address": {
"raw": "MC-Square offices, Schali\u00EBnhoevedreef 20T te 2800 Mechelen",
"city": "Mechelen",
"region": "vlaams_gewest",
"street": null,
"country": "BE",
"postcode": "2800",
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"effective_date": "2024-08-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2024-09-09",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2024-07-27",
"unanimous": true
},
"subject_company": {
"kbo": "0761.506.616",
"name_full": "Bitsco",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Yaakoubi Yassine",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen-bij het-Belgisch-Staatsblad~17/09/2024-Annexes du-Moniteur belge"
]
}11-09-2023 Registered office moved within Mechelen
- Battelsesteenweg 306 te 2800 Mechelen → MC-Square Offices, Schaliënhoevedreef 20T 2800 Mechelen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "MC-Square Offices, Schali\u00EBnhoevedreef 20T 2800 Mechelen",
"city": "Mechelen",
"region": "vlaams_gewest",
"street": "Schali\u00EBnhoevedreef",
"country": "BE",
"postcode": "2800",
"box_number": "T",
"street_number": "20",
"locality_suffix": null
},
"old_address": {
"raw": "Battelsesteenweg 306 te 2800 Mechelen",
"city": "Mechelen",
"region": "vlaams_gewest",
"street": "Battelsesteenweg",
"country": "BE",
"postcode": "2800",
"box_number": null,
"street_number": "306",
"locality_suffix": null
},
"effective_date": "2023-08-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-09-11",
"filing_date": "2023-08-30",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2023-07-27",
"unanimous": true
},
"subject_company": {
"kbo": "0761.506.616",
"name_full": "Anhwarpe",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Yaakoubi Yassine",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Uittreksel uit de bijzondere algemene vergadering van 27/07/2023"
]
}30-06-2022 Bourakadi Nora appointed as director
- Bourakadi Nora, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": "98.11.19-500.95",
"name": "Bourakadi Nora",
"address": "Battelsesteenweg 306, 2800 Mechelen",
"birth_date": "1998-11-19",
"profession": null,
"birth_place": "Etterbeek"
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": "2022-05-01",
"evidence_quote": "De vergadering beslist te benoemen als bestuurder van de Vennootschap, vanaf 01/05/2022 en voor een onbepaalde duur: mevrouw Bourakadi Nora, geboren te Etterbeek op 19 november 1998, wonende te 2800 Mechelen, Battelsesteenweg 306, met rijksregisternummer 98.11.19-500.95.",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-06-30",
"filing_date": "2022-06-23",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2022-04-22",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0761.506.616",
"name_full": "Bitsco",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Yaakoubi Yassine",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | BITSCO |