Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Of this, €178,039 falls due within a year.
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 55.5% · 41,211 companies.
In July 2024, 6,007 companies had the same profile as Bitview has now. Each dot stands for 16 companies, two years later.
Another 0.8% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,007 companies, not a prediction for Bitview. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Bitview Westerlo | €137,953 | -€24,821 | -43.4% | - |
| ADVISABELLA Lier | €149,513 | -€1,872 | 94.2% | - |
| ChallengerZ Antwerp | €154,661 | -€86,183 | 5.4% | - |
| Sunny Side Up Kasterlee | €155,172 | -€5,456 | 95.9% | - |
| MD LEGAL Brasschaat | €113,004 | -€4,461 | 93.0% | - |
| COLLECTIFY Antwerp | €123,718 | -€2,942 | -14.2% | - |
| C3.ai Belgium Zandhoven | €110,216 | €710 | 90.0% | 0 |
These companies have the same main activity as Bitview: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €110,000 and €155,000, founded between 2018 and 2019.
Bitview files the micro format. That format states no turnover. The gross margin fell from -€8,928 in 2020 to -€24,821 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Lower than 95% of 41,211 companies in 2025.
Higher than 18% of 39,782 companies in 2025.
Higher than 7% of 40,303 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
137,953 | 221,600 | 191,007 | 53,913 | 255,383 | 240,099 | |
21/28 |
508 | 767 | 1,027 | 1,287 | - | - | |
22/27 |
508 | 767 | 1,027 | 1,287 | - | - | |
23 |
508 | 767 | 1,027 | 1,287 | - | - | |
29/58 |
137,445 | 220,833 | 189,980 | 52,626 | 255,383 | 240,099 | |
3 |
132,624 | 216 | 5,830 | 2,174 | 119,616 | 102,932 | |
30/36 |
132,624 | 216 | 5,830 | 2,174 | 119,616 | 102,932 | |
40/41 |
- | - | - | - | - | 494 | |
41 |
- | - | - | - | - | 494 | |
50/53 |
0 | 220,578 | 183,879 | 49,702 | 133,562 | 126,369 | |
54/58 |
4,445 | 39 | 271 | 751 | 2,204 | 10,303 | |
490/1 |
376 | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
137,953 | 221,600 | 191,007 | 53,913 | 255,383 | 240,099 | |
10/15 |
-59,895 | -34,049 | -50,511 | -55,237 | 43,461 | 3,371 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
31,000 | 31,000 | 31,000 | 31,000 | 31,000 | - | |
133 |
31,000 | 31,000 | 31,000 | 31,000 | 31,000 | - | |
14 |
-103,295 | -77,449 | -93,911 | -98,637 | 61 | -9,029 | |
17/49 |
197,847 | 255,649 | 241,518 | 109,150 | 211,922 | 236,727 | |
17 |
19,808 | 19,808 | 19,808 | 19,808 | 19,808 | 19,808 | |
178/9 |
19,808 | 19,808 | 19,808 | 19,808 | 19,808 | 19,808 | |
42/48 |
178,039 | 235,775 | 221,646 | 89,279 | 192,114 | 216,919 | |
44 |
202 | 1,412 | 133 | 266 | - | 136 | |
440/4 |
202 | 1,412 | 133 | 266 | - | 136 | |
45 |
- | - | - | 16,348 | 16,348 | - | |
450/3 |
- | - | - | 16,348 | 16,348 | - | |
47/48 |
177,837 | 234,363 | 221,513 | 72,664 | 175,765 | 216,784 | |
492/3 |
0 | 66 | 64 | 64 | - | - | |
| Income statement | |||||||
9900 |
-24,821 | 17,261 | 5,624 | -97,926 | 58,929 | -8,928 | |
630 |
260 | 260 | 260 | 12 | - | - | |
640/8 |
520 | 505 | 592 | 570 | 1,481 | 100 | |
9901 |
-25,600 | 16,496 | 4,772 | -98,508 | 57,448 | -9,028 | |
75/76B |
124 | 0 | 1 | - | - | - | |
75 |
124 | 0 | 1 | - | - | - | |
65/66B |
370 | 34 | 47 | 190 | 209 | 0 | |
65 |
370 | 34 | 47 | 190 | 209 | 0 | |
9903 |
-25,846 | 16,462 | 4,726 | -98,698 | 57,238 | -9,029 | |
67/77 |
- | - | - | - | 16,348 | - | |
9904 |
-25,846 | 16,462 | 4,726 | -98,698 | 40,890 | -9,029 | |
9905 |
-25,846 | 16,462 | 4,726 | -98,698 | 40,890 | -9,029 | |
| Appropriation of the result | |||||||
9906 |
-103,295 | -77,449 | -93,911 | -98,637 | 31,861 | -9,029 | |
14P |
-77,449 | -93,911 | -98,637 | 61 | -9,029 | - | |
691/2 |
- | - | - | - | 31,000 | - | |
6921 |
- | - | - | - | 31,000 | - | |
694/7 |
- | - | - | - | 800 | - | |
694 |
- | - | - | - | 800 | - | |
| Document | |||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 06-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-03-2026 | 2026-00049918 | |
| 31-12-2024 | micro format | 03-06-2025 | 2025-00116381 | |
| 31-12-2023 | micro format | 26-07-2024 | 2024-00292865 | |
| 31-12-2022 | micro format | 25-08-2023 | 2023-00353914 | |
| 31-12-2021 | micro format | 03-08-2022 | 2022-20265665 | |
| 31-12-2020 | micro format | 06-07-2021 | 2021-32400129 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| -25,340 | 16,756 | 5,032 | -98,496 | - | - | ||
| -25,586 | 16,722 | 4,986 | -98,686 | - | - | ||
| 0 | 0 | 0 | 1,299 | - | - | ||
| 4,406 | -232 | -480 | -1,454 | -8,099 | - | ||
| -40,594 | -14,942 | -31,666 | -36,653 | 63,269 | 23,179 | ||
| -43.4% | -15.4% | -26.4% | -102.5% | 17.0% | 1.4% | ||
| 0.77 | 0.94 | 0.86 | 0.59 | 1.33 | 1.11 | ||
| 0.03 | 0.94 | 0.83 | 0.57 | 0.71 | 0.63 | ||
| - | - | - | - | 4.88 | 70.22 | ||
| - | - | - | - | 94.1% | -267.8% | ||
| -18.7% | 7.4% | 2.5% | -183.1% | 16.0% | -3.8% | ||
| -68.53 | over 100 | over 100 | -518.10 | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €1,299 | - |
| €260 | €260 | €260 | €12 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €25,600, after a profit of €16,496 in 2024. It is the lowest result since 2022.
Equity is negative. Debt (€197,847) exceeds the balance-sheet total (€137,953).
Bitview has no parent and no holdings in its annual accounts. is the only director. Bitview shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Boerenkrijglaan 78 registered office 2260 Westerlo 62200 Computer consultancy and computer facilities management | 22-02-2019 | 2.290.163.763 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13049B0293/00M003 | 471 m² | 1 · 94 m² | 10.1 m · 2 |
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