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BITWIZE

Active Private limited company (pre-2019)founded 1999active for 27 yearsSint-Elooisstraat 119, 8020 OostkampKBO/BCE: BE 0465.696.109
BITWIZE
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Overview

Lifetime

20 annual accounts with figures on one time axis, 27 filings since 1999
peak €136,284 (2024)
€101,976▼ 25.2%
lowest -€9,855 (2008)
€55,495▼ 34.3%
peak €461,325 (2025)
€461,325▲ 11.6%
€34,243▼ 60.4%
Board2 names since 1999
1 directorDries Vyvey
Owners2 names in the annual accounts
  
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from €136,284 to €101,976Result from €84,469 to €55,495Debts from €86,406 to €34,243

Key points

from the 2025 annual accounts

Equity

€461,325 ▲ 11.6%

BITWIZE has made a profit without a break since 2010.

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Liquidity

12.54 was 6.07 in 2024

Short-term debts fell from €68,002 to €33,747.

Filings

27 annual accounts since 1999
AprilJune31 JulyOctober200020102020

Four of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.

Restructuring

2024
  • 22-03-1999 founded
  • 29-05-2024 merger with BITWIZE

Merger with BITWIZE. Merger on 29-05-2024.

Position in the sector

92.7%

Higher solvency than 91% of companies in head offices and management consultancy. Sector median 55.5% · 39,368 companies.

Checked score

97
Excellent
Financially stronger than 73% of micro companies in head offices and management consultancy (NACE 70)
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 48,570 companies (NACE 70, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 92.7% of total assets
100+2short-term debt 6.8% · cash 76.4%
83-7return on assets 11.1%

Score breakdown

lowers risk
Liquidity: current ratio 12.54, cash €380,370
Equity €461,325 (92.7% of total assets)
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €497,861
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 70, micro). It does better than 86% of them on solvency, 97% on liquidity, 50% on profitability and 59% on growth.

The bankruptcy probability was computed on 09-11-2026 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, 20,137 companies had the same profile as BITWIZE has now. Each dot stands for 51 companies, two years later.

95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of BITWIZE itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 20,137 companies, not a prediction for BITWIZE. 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 €40,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 12.54 (6.07 in 2024), above the usual 1.5. Short-term debt is 6.8% and cash 76.4% of total assets. 7.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 12.54, cash €380,370
NBB · annual accounts
lowers risk · Equity €461,325 (92.7% of total assets)
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €497,861
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
6 days late
2023
4 days early
2022
25 days early
2021
23 days late
2020
2 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DV
Dries Vyvey
Director, since 19-03-2024
  • Dries VYVEY 80%annual accounts 2016
  • Nele VAN THUYNE 20%annual accounts 2016

Shares in 1 company, BITWIZE

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0465696109
Merger: TECHNOLOGY AND CONSULTANCY SERVICES takes over BITWIZE Company renamed from TECHNOLOGY AND CONSULTANCY SERVICES to BITWIZE · Reappointment: Dries Vyvey (director) · General meeting of 19-03-2024 · Gazette deed
Merger proposal: TECHNOLOGY AND CONSULTANCY SERVICES takes over BITWIZE Permanent representative: Dries VYVEY · The company holds all the shares of BITWIZE · Gazette deed
Resignation: Nele Van Thuyne (manager) General meeting of 08-07-2019 · Gazette deed
All 42 events

Comparable companies

same main activity, similar in size and age
Company
BITWIZE Oostkamp €497,861 €101,976 92.7% -
FLCS of F.L.C.S. Oostkamp €514,069 €100,169 47.1% -
RENTY & VANHOUTTE Ostend €476,065 €101,598 95.4% 0
MONETALIS Kortrijk €463,246 €109,183 71.7% -
GALOOIE Heuvelland €489,363 €103,341 73.9% -
PROJECT - ENGINEERING Izegem €453,051 €111,561 89.4% 1
GEMA INVEST Wingene €499,764 €116,434 43.7% -

These companies have the same main activity as BITWIZE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €453,000 and €514,000, founded between 1997 and 2003.

Official details

Source: KBO
Status
Active since 22-03-1999Normal situation
Activity
Business and other management consultancyNACE 70200and 2 others
Establishment unit
2.091.233.7878020 Oostkamp, since 07-06-1999
Financial year end
31 December
Peppol
Reachable since 10-09-2025
Company details

Annual accounts 2025

€101,976▼ 25.2%
€55,495▼ 34.3%
€461,325▲ 11.6%
€497,861▼ 0.8%
Filing
Filed on 29-07-2026, 2 days before the end of the filing period
Financials

Insights on BITWIZE

BITWIZE files the micro format. That format states no turnover. The gross margin rose from €67,940 in 2006 to €101,976 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 29-07-2026, 2 days before the deadline
€101,976
▼ 25.2%
€76,788
▼ 27.8%
€98,752
▼ 22.6%
€77,459
▼ 26.7%
92.7%
▲ 10.3 percentage points
12.54
▲ 6.47

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €170,000. Estimated: probably between €150,000 and €210,000.

Money flows

no detail for 2025

Balance sheet

balance sheet total €497,861 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

92.7%

Higher than 92% of 39,368 companies in 2025.

12.54

Higher than 91% of 38,051 companies in 2025.

11.1%

Higher than 44% of 38,523 companies in 2025.

BITWIZE Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 497,861501,929488,477404,502442,628390,997398,103424,551438,796458,922454,141449,267452,213466,522494,606501,351447,033479,640522,401530,542
21/28 74,66289,313351,136358,095387,380323,340334,769346,943364,033382,408392,375402,033179,013400,935420,912432,721389,618410,975429,330447,872
21 -----------------3108245
22/27 74,66289,313332,536358,095387,380323,340334,769346,943364,033382,408392,375402,033179,013381,549401,526432,721389,618410,972429,222447,627
22 57,79059,792290,410298,654310,303321,952333,804345,657362,839369,362372,806375,940166,817356,429362,126379,364382,982403,588418,982429,662
23 ----3226439651,286----3658862,7644,3185,7786,2391,8841,253
24 16,87229,52142,12659,44176,755745--1,19413,04619,56926,09311,83124,23436,63749,0408581,1458,35616,712
28 --18,600----------19,38619,386-----
29/58 423,199412,616137,34146,40755,24867,65763,33477,60874,76376,51461,76647,234273,20065,58773,69468,63057,41568,66593,07182,670
40/41 40,88725,88860,6223,28812,23759835,15455,78868,82763,74018,05131,888245,82222,83328,08533,51224,33230,89531,48133,197
40 35,33918,84860,62224812,204-31,51355,78867,76052,60713,60024,52026,47519,68124,20032,08824,24521,78024,72328,420
41 5,5487,040-3,040335983,641-1,06711,1334,4517,368219,3473,1523,8851,424879,1156,7584,777
54/58 380,370384,78675,20140,52238,86366,63427,93221,8205,93612,77343,71515,32926,53241,83744,83034,42333,08337,28560,80048,717
490/1 1,9421,9421,5182,5974,148425248--1-17846917779695-485790756
Balance sheet: equity and liabilities
10/49 497,861501,929488,477404,502442,628390,997398,103424,551438,796458,922454,141449,267452,213466,522494,606501,351447,033479,640522,401530,542
10/15 461,325413,230340,611288,732265,657235,605207,275186,364155,269271,075236,656218,151213,554192,796186,269162,140144,218145,159195,014179,747
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,600150,000150,000150,000150,00019,83119,83119,83119,83119,83119,83119,831
100 ------18,60018,60018,600150,000150,000150,000150,00019,83119,83119,83119,83119,83119,83119,831
13 442,725394,630322,011270,132247,057217,005188,675167,764136,669121,07586,65668,15163,554172,965166,344142,244125,144125,144175,144159,844
130/1 ---9,0529,0529,05252,00631,095------------
130 ------9,0529,0529,0529,0526,0312,7581,9831,9831,9831,9831,9831,9831,9831,983
1311 ---9,0529,0529,052--------------
1319 ------52,00631,095------------
132 ---------35,09835,09834,05435,09820,72420,72420,72420,72420,72420,72420,724
133 442,725394,630322,011261,080238,005207,953127,617127,617127,61776,92545,52731,33926,473150,258143,637119,537102,437102,437152,437137,137
14 --------------9464-7571843972
16 2,2932,2932,2932,2932,2932,2932,2932,2932,29313,98013,98013,44313,9802,2931,5001,9601,520---
160/5 2,2932,2932,2932,2932,2932,2932,2932,2932,293-2,2932,2932,2932,2931,5001,9601,520---
164/5 2,2932,2932,2932,2932,2932,2932,2932,2932,293-----------
168 ---------13,98011,68711,15011,687-------
17/49 34,24386,406145,573113,477174,678153,099188,535235,894281,234173,867203,505217,673224,679271,433306,836337,252301,295334,481327,387350,795
17 -17,84456,48271,968121,34719,52140,54447,99375,377106,267136,014164,667178,391211,255241,394279,079246,114263,526282,491306,262
170/4 -5,14417,38229,46841,34719,52140,54447,99375,377106,267136,014164,667178,391211,255241,394279,079246,114263,526282,491306,262
178/9 -12,70039,10042,50080,000---------------
42/48 33,74768,00287,84941,14153,219133,402147,862187,901205,83967,55867,46652,58645,55959,37165,44258,17255,18169,02842,00744,533
42 5,14412,23812,08611,93631,27221,02220,74127,38430,88929,72330,99227,60134,47832,46729,68521,19017,41319,27331,93030,680
43 -----------3,914--------
430/8 -----------3,914--------
44 6,1623,0557,35615,8342,3321,3784,6224,8983,3676751,3838543,9338,7728,91710,6347,1574,9325,5605,448
440/4 6,1623,0557,35615,8342,3321,3784,6224,8983,3676751,3838543,9338,7728,91710,6347,1574,9325,5605,448
46 --36,000-----------------
45 15,04140,78620,7291726,3196,7273,18721,34413,49010,52810,4589,7346,5154,6128,6405,7577,5704,8234,5178,405
450/3 15,04140,78620,7291726,3196,7273,18721,34413,49010,52810,4589,7346,5154,6126,3553,4795,2702,5382,2974,661
454/9 --------------2,2852,2782,3002,2852,2203,744
47/48 7,40011,92311,67813,19913,296104,275119,312134,275158,09326,63224,63310,48363313,52018,20020,59123,04140,000--
492/3 4965601,242368112176129-184225420729807---1,9272,889-
Income statement
70 ----------------93,62990,216--
76A ----------17,000-46,888--953----
9900 101,976136,284113,43876,43879,11765,78364,42882,97378,99099,43575,86976,66566,41365,05583,24974,24933,23632,07065,76267,940
60/61 ----------------60,39358,146--
630 21,96421,21425,55929,28521,61012,35412,17418,69718,37518,37617,95537,72024,42437,07636,33435,72323,31831,93530,18830,870
640/8 3,2241,6342,8911,2671,3598941,9031,8241,8451,7681,3592,92124,9451,9521,0891,1081,2491,1961,2201,041
66A -7,125------------3903367650375300
9901 76,788106,31184,98845,88656,14852,53550,35162,45258,77079,29156,55536,02417,04426,02745,82637,4188,669-1,06134,35436,029
75/76B 108,519--1--2117335038471,1778244,4533754,6125,0254,2314,330
75 108,519--1--2117335038471,1778244,4533754,6125,0254,2314,330
65/66B 1,2411,1931,3351,3821,3511,1037,5144,2335,4124,6337,1318,6759,97115,12313,18514,18513,95913,64415,72815,422
65 1,2411,1931,3351,3821,3511,1037,5144,2335,4124,6337,1318,6759,97115,12313,18514,18513,95913,64415,72815,422
9903 75,557113,63783,65344,50454,79851,43242,83758,22153,36975,39166,92728,19655,13811,72836,70424,224-754-9,73022,48224,637
67/77 20,06229,16820,7749,62912,89511,9028,92613,12623,46214,97313,35814,2869,2255,20111,6576,3031871257,215-3,061
9904 55,49584,46962,87934,87541,90339,53033,91145,09541,59460,41853,56914,44734,2266,52725,04717,921-941-9,85515,26727,698
789 --------35,098--1,04420,724-------
689 ------------35,098------12,166
9905 55,49584,46962,87934,87541,90339,53033,91145,09576,69260,41853,56915,49119,8526,52725,04717,921-941-9,85515,26715,532
Appropriation of the result
9906 55,49584,46962,87934,87541,90339,53033,91145,09576,69260,41853,56915,49119,8526,62125,09417,164-757-9,81615,33914,672
791/2 -----------------50,000--
691/2 48,09572,61951,87923,07530,05328,33020,91131,09550,69234,41829,5695,64119,8526,62125,00017,100--15,30014,600
6920 ---------3,0212,678775--------
6921 48,09572,61951,87923,07530,05328,33020,91131,09550,69231,39726,8914,86619,8526,62125,00017,100--15,30014,600
694/7 7,40011,85011,00011,80011,85011,20013,00014,00026,00026,00024,0009,850-----40,000--
694 -----------9,850-----40,000--
695 7,40011,85011,00011,80011,85011,20013,00014,00026,00026,00024,000---------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 7 older financial years (1999-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 29-07-2026 2026-00349712 PDF
31-12-2024 micro format 06-08-2025 2025-00364681 PDF
31-12-2023 micro format 27-07-2024 2024-00304429 PDF
31-12-2022 micro format 06-07-2023 2023-00221035 PDF
31-12-2021 micro format 23-08-2022 2022-20312745 PDF
31-12-2020 micro format 29-07-2021 2021-43100447 PDF
31-12-2019 micro format 30-06-2020 2020-23900155 PDF
31-12-2018 micro format 05-08-2019 2019-43900142 PDF
31-12-2017 abbreviated format 31-07-2018 2018-41800043 PDF
31-12-2016 abbreviated format 31-08-2017 2017-55700485 PDF
31-12-2015 abbreviated format 31-08-2016 2016-57400446 PDF
31-12-2014 abbreviated format 31-08-2015 2015-54000527 PDF
31-12-2013 abbreviated format 29-08-2014 2014-55500298 PDF
31-12-2012 abbreviated format 29-08-2013 2013-53300184 PDF
31-12-2011 abbreviated format 22-05-2012 2012-12200401 PDF
31-12-2010 abbreviated format 30-07-2011 2011-36700131 PDF
31-12-2009 abbreviated format 05-08-2010 2010-39300283 PDF
31-12-2008 abbreviated format 16-07-2009 2009-43400271 PDF
31-12-2007 abbreviated format 15-05-2008 2008-14200261 PDF
31-12-2006 abbreviated format 04-07-2007 2007-35200298 PDF
31-12-2005 abbreviated format 28-07-2006 2006-60300081 PDF
31-12-2004 abbreviated format 20-05-2005 2005-15805126 PDF
31-12-2003 abbreviated format 25-05-2004 2004-16602079 PDF
31-12-2002 abbreviated format 14-07-2003 2003-44104109 PDF
31-12-2001 abbreviated format 09-09-2002 2002-54501286 PDF
31-12-2000 abbreviated format 16-07-2001 2001-38203714 PDF
31-12-1999 abbreviated format 03-07-2000 2000-35201401 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
98,752127,525110,54775,17177,75864,88962,52581,14977,14597,66774,51073,74441,46863,10382,16073,14131,98730,87464,54266,899
77,459105,68388,43864,16063,51351,88446,08563,79259,96978,79471,52452,16758,65043,60361,38153,64422,37722,08045,45558,568
7,31310,42018,600085,65092501,60708,409692260,740-197,49817,09924,52579,6671,96413,58111,64613,308
-4,416309,58534,6791,659-27,77138,7026,11215,884-6,837-30,94228,386-11,203-15,305-2,99310,4071,340-4,202-23,51512,083-
389,452344,61449,4925,2662,029-65,745-84,528-110,293-131,0768,956-5,700-5,352227,6416,2168,25210,4582,234-36351,06438,137
----------------9.3%-1.2%--
92.7%82.3%69.7%71.4%60.0%60.3%52.1%43.9%35.4%59.1%52.1%48.6%47.2%41.3%37.7%32.3%32.3%30.3%37.3%33.9%
12.546.071.561.131.040.510.430.410.361.130.920.906.001.101.131.181.040.992.221.86
0.070.210.430.390.660.650.911.271.810.640.861.001.051.411.652.082.092.301.681.95
12.0%20.4%18.5%12.1%15.8%16.8%16.4%24.2%26.8%22.3%22.6%6.6%16.0%3.4%13.4%11.1%-0.7%-6.8%7.8%15.4%
11.1%16.8%12.9%8.6%9.5%10.1%8.5%10.6%9.5%13.2%11.8%3.2%7.6%1.4%5.1%3.6%-0.2%-2.1%2.9%5.2%
79.57over 10082.8154.3957.56---------------
----------------95 days88 days--
----------------43 days31 days--

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.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€7,313€10,420--€85,650
Financial fixed assets--€18,600--
€21,964€21,214€25,559€29,285€21,610

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on BITWIZE

The operating result for 2025 is 28% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total falls from 17.2% to 6.9%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, last change in 2024
Dries Vyvey
Director
since 19-03-2024
listed in the 2025 annual accounts, filed on 29-07-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Dries Vyvey
Director
Nele Van Thuyne
Manager (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • Dries Vyvey
    • Director, from 08-03-1999 to date
  • Nele Van Thuyne
    • Manager (not named in the articles), until 08-07-2019

See the board, name and registered office on a given date →

Control

Shareholder
Dries VYVEY
640 voting rights
80%
This company
BITWIZE
Equity €461,325
Profit €55,495 in 2025

and 1 other shareholder

Capital

Contribution
€18,600
Shares
800
Contribution per share
€23.25
Equity per share
€577 in 2025
Source
2025 annual accounts

Articles of association

deed of 29-05-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Ten allen tijde ontslagbaar door enige aandeelhouder, derde tot bestuurder benoemd zelfs in statuten en zonder duurbeperking”
Share issue ruleThe articles set how and by whom new shares are issued.
“Alle aandeelhouders kunnen afstand doen bij besluit algemene vergadering tot uitgifte nieuwe aandelen, voorkeurrecht eigenaar-pandgever”

Shareholders

2 owners

Owners 2

Network & group

Holdings

own 2012 accounts, the bar shows equity in euros
This companyBITWIZE1 holding, 1 country 2012 accounts

Belgium 1 Equity Result

  • BE Bitwize49%no longer active €23,706 result €33,441

Source: list of holdings in its own 2012 accounts. Every holding stands with its own latest accounts.

At the same address

Sint-Elooisstraat 119, 8020 Oostkamp · 1 other company
Vyvey, Ruben (sole trader)
establishment since 02-01-2025
 founded in 2025
1017.488.329

Holdings and subsidiaries

1 holding

Holdings 1

Share, source and own figures per holding (1)
Holdings through the years 2011 to 2012
Holdings through the years
Name20112012
BITWIZE 49%

Source: list of holdings in its own accounts

Acquisitions and mergers

1 transaction
Took over:BITWIZE
BE 0896.638.997operation treated as a merger by absorption · Gazette deed of 29-05-2024 (4 deeds)

Connections & network

1 current director
Depth

The network starts from the directors of BITWIZE. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

42 events since 1999

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 2 days before the deadline
2025
Liquidity more than doubled current ratio 12.54 The current ratio rises from 6.07 to 12.54. Short-term debt falls from €68,002 to €33,747.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0465696109
Annual accounts 2024 filed PDFmicro format · 6 days late
2024
Highest result from 2006 to 2025 net €84,469 ▲34.3% The operating result of €106,311 and the net result of €84,469 are both a record.
Liquidity more than triples current ratio 6.07 The current ratio rises from 1.56 to 6.07. Short-term debt falls from €87,849 to €68,002.
Annual accounts 2023 filed PDFmicro format · 4 days before the deadline
Merger: TECHNOLOGY AND CONSULTANCY SERVICES takes over BITWIZECompany renamed from TECHNOLOGY AND CONSULTANCY SERVICES to BITWIZE · Reappointment: Dries Vyvey (director) · General meeting of 19-03-20247 points ▸
  • Director reappointment, Dries Vyvey (director (not named in the articles))
  • Name change, BITWIZE, mentioned twice in the deed
  • 800 shares
  • Registered office clause, Sint-Elooisstraat 119 8020 Oostkamp
  • General meeting, 19-03-2024
  • Accounting effect, 01-01-2024
  • Director reappointment, Dries Vyvey
  • The deed holds 11 more points.

Open the deed in the Belgian Official Gazette

Merger proposal: TECHNOLOGY AND CONSULTANCY SERVICES takes over BITWIZEPermanent representative: Dries VYVEY · The company holds all the shares of BITWIZE3 points ▸
  • Permanent representative, Dries VYVEY
  • The company holds all the shares of BITWIZE
  • Accounting effect, 01-01-2024
  • The deed holds 7 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 25 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 23 days late
2021
Liquidity doubles current ratio 1.04 The current ratio rises from 0.51 to 1.04. Short-term debt falls from €133,402 to €53,219.
Annual accounts 2020 filed PDFmicro format · 2 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 31 days before the deadline
2019
Resignation: Nele Van Thuyne (manager)General meeting of 08-07-20192 points ▸
  • General meeting, 08-07-2019
  • Director resignation, Nele Van Thuyne (manager (not named in the articles))

Open the deed in the Belgian Official Gazette

Annual accounts 2018 filed PDFmicro format · 5 days late
2018
Annual accounts 2017 filed PDFabbreviated format · on the deadline day
Capital decrease of €131,400 to €18,600Capital from €150,000 to €18,600 · General meeting of 20-12-20174 points ▸
  • General meeting, 20-12-2017
  • Capital decrease, €131,400
  • Capital, €18,600
  • Amendment of the articles, article 5
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2017
Annual accounts 2016 filed PDFabbreviated format · 31 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 31 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 31 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 29 days late
2013
Liquidity more than 5 times current ratio 6.00 The current ratio rises from 1.10 to 6.00. Short-term debt falls from €59,371 to €45,559.
Equity above €200,000 equity €213,554 ▲10.8% After 4 profitable years in a row, equity reaches €213,554.
Annual accounts 2012 filed PDFabbreviated format · 29 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 70 days before the deadline
2011
Annual accounts 2010 filed PDFabbreviated format · 1 day before the deadline
2010
Back to profit net €17,921 The net result is €17,921, after 2 loss-making years.
Annual accounts 2009 filed PDFabbreviated format · 5 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 15 days before the deadline
2008
Weakest financial year net -€9,855 The net result drops to -€9,855, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2007 filed PDFabbreviated format · 77 days before the deadline
2007
Annual accounts 2006 filed PDFabbreviated format · 27 days before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
Annual accounts 2000 filed PDFabbreviated format
2000
Annual accounts 1999 filed PDFabbreviated format
1999
First establishment Sint-Elooisstraat 119, Oostkamp
Incorporation published on 27-03-1999

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 22 March 1999, BITWIZE was incorporated.1 BITWIZE was merged into the company in 2024.2 The company has filed 27 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 29-05-2024
  3. 3National Bank, annual accounts 2025

Company details

Identity

Enterprise number
0465.696.109
VAT number
BE 0465.696.109
Peppol ID
0208:0465696109
Other Peppol ID
9925:BE0465696109
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
22-03-1999
Financial year
ends on 31 December
Peppol
Reachable since 10-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
BITWIZE in Dutch
Abbreviation
TaCS in Dutch
Former name
TECHNOLOGY AND CONSULTANCY SERVICES until the deed of 29-05-2024
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 29-05-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 29-05-2024 (in Dutch)

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
63100 Computing infrastructure, data processing, hosting and related activities
85599 Other education
Codes under NACEBEL 2008
70220 Business consulting main activity
63110 Computing infrastructure, data processing, hosting and other information service activities
85599 Other education
Codes under NACEBEL 2003
72300 main activity
80424
PurposeThe purpose describes the activities the company may carry out under its articles.
“1.het waamemen van functies als bestuurder,zaakvoerder of vereffenaar van andere vennootschappen; 2.het verstrekken van alle mogelijke…”
17 activities
  1. 1.het waamemen van functies als bestuurder,zaakvoerder of vereffenaar van andere vennootschappen;
  2. 2.het verstrekken van alle mogelijke advies-en/of dienstenfuncties alsook alle mogelijke activiteiten uitoefenen die verband houden met het verlenen van consultancy,opleiding,technische expertise en bijstand en dit onder welke vorm ook,inclusief bijstand en diensten op financieel,technisch,commercieel,fiscaal,juridische en administratief vlak,onder meer door het verlenen van adviezen,het waamemen van bestuursopdrachten en de activiteit van controle en auditing,voor zoveel als wettelijk is toegelaten;
  3. 3.het geven van advies en verstrekken van diensten met betrekking tot de organisatie en het beheer van bedrijven en ondermemingen,de vertegenwoordiging en het optreden als commercieel tussenpersoon;
  4. 4.het verlenen van bijstand,advies en leiding aan bedrijven,privépersonen en instellingen,voomamelijk doch niet uitsluitend op het vlak van management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis;
  5. 5.zij mag bij wijze van inbreng in speciën of in natura,van fusie of splitsing,inschrijving,deelneming,financiële tussenkomst of op een andere wijze,een aandeel nemen in alle bestaande of op te richten vennootschappen of bedrijven,in België of het buitenland,waarvan het voorwerp identiek,gelijkaardig of verwant is met het hare,of van aard is de uitoefening van haar voorwerp te bevorderen;
  6. 6.Het verwerven en aanhouden van participaties,in eender welke vorm,in alle bestaande of op te richten,industriële,commerciële,financiële,landbouw-of immobiliënvennootschappen of-ondememingen;het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze een participatie aanhoudt;het deelnemen aan hun beheer,bestuur,vereffening en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
  7. 7.het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,warrants,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van vennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een(semi)-publiekrechtelijk statuut;
  8. 8.het beheren van beleggingen en van participaties in dochtervennootschappen,het waamemen van bestuurdersfuncties,het verlenen van advies,management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert.Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt;
  9. 9.het verstrekken van leningen en voorschotten onder eender welke vorm of duur,aan alle verbonden ondernemingen of ondermemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen;
  10. 10.de vennootschap kan een onroerend vermogen aanleggen,oordeelkundig uitbouwen,beheren en verhandelen en daarnaast alle verrichtingen,studies en operaties met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan-en verkoop,de bouw,de verbouwing,de aanpassing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de 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.Dit alles uitsluitend voor eigen rekening,tenzij zou worden voldaan aan de voorwaarden als omschreven in het Koninklijk Besluit van 6 september 1993 inzake vastgoedmakelaar.
  11. 11.de vennootschap kan een roerend vermogen aanleggen,oordeelkundig uitbouwen en beheren;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan-en verkoop,de huur en verhuur,de ruil in het bijzonder het beheer en de valorsatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen;
  12. 12.de vennootschap mag zowel in België als in het buitenland,hetzij rechtstreeks,hetzij als tussenpersoon,alle activiteiten waamemen als holding,patrimoniumvennootschap,beheersmaatschappij,managementvennootschap,syndicus,makelaar,aannemer,handelaar,expert,commissionair,financier,adviseur op alle domeinen waarin zij competent is,en waarin zij actief mag zijn in overeenstemming met de wettelijke reglementeringen,dit alles ter uitsluiting van de activiteiten inzake beleggingsadvies en vermogensbeheer die overeenkomstig de wet van 4 december 1990 en latere uitvoeringsbesluiten aan een wettelijk erkennings-en inschrijvingsregime onderworpen zijn en ter uitsluiting van alle andere activiteiten wettelijk voorbehouden aan erkende financiële instellingen en andere tussenpersonen,voor zoverre daartoe geen erkenning en/of inschrijving werd bekomen;
  13. 13.de import en export,groothandel en kleinhandel in toestellen,onderdelen en alle benodigdheden inzake verlichting,beveiliging,domotica,telefonie,telecommunicalie,informatica,netwerken automatisatie,elektronische en elektrische componenten,consumptiegoederen,huishoudapparatuur,meetinstrumenten en gereedschappen;
  14. 14.installatie,onderhoud en herstelling van vermelde goederen;
  15. 15.het ontwikkelen en begeleiden van software en processingsystemen voor vermelde goederen;
  16. 16.het verrichten van studie-en onderzoekswerk,het geven van voordrachten en opleidingen,het organiseren van seminaries met het doel om opleiding of vorming te geven inzake voomoemde goederen en installaties;
  17. 17.het verlenen van persoonlijke of zakelijk waarborgen.
deed of 29-05-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Sint-Elooisstraat 119 registered office 8020 Oostkamp 46500 Wholesale of information and communication equipment 07-06-1999 2.091.233.787

Buildings and parcels at the address

Ground area
1,206 m²
Buildings
217 m²
Volume, LiDAR
1,336 m³
Tallest building
9.2 m
Buildings to scale, each on its own parcel
217 m², 9.2 m 217 m², 9.2 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
31025B0704/00E0001,206 m² 1 · 217 m² 9.2 m · 2

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