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BIZZAPPS

Active
Public limited companyfounded 2023active for 3 yearsDuwijckstraat 17, 2500 Lier, Belgium65 active companies are registered at this addressKBO/BCE: BE 0803.123.871
Summary

BIZZAPPS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174,353 and a net result of -€53,159. Its solvency ranks better than 18% of 20,858 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€174,353▼ 23.4%
2024 · €227,512
Total assets
€1.1m▲ 10.5%
2024 · €1.0m
Net result
-€53,159
2024 · €27,512
Working capital
€37,120▼ 72.1%
2024 · €132,986
Trend over the years

2024 to 2025, 2 financial years

The operating result turns negative in 2025: a loss of €25,947 after €60,657 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.03m 2025 Net result-€0.05m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€0.06m--€0.03m
Net result€0.03mwithin the sector's middle half--€0.05mbelow the sector's middle half
Equity€0.2mabove the sector's middle half-€0.2mabove the sector's middle half▼ 23.4%
Total assets€1.0mabove the sector's middle half-€1.1mabove the sector's middle half▲ 10.5%
Debt€0.8m-€1.0m▲ 20.3%
Working capital€0.1mabove the sector's middle half-€0.04mwithin the sector's middle half▼ 72.1%
Solvency22.3%below the sector's middle half-15.5%below the sector's middle half▼ 6.8pp
Current ratio1.42within the sector's middle half-1.09below the sector's middle half▼ 0.33
Return on assets (ROA)2.7%below the sector's middle half--4.7%below the sector's middle half▼ 7.4pp
Staff (FTE)3-4.9▲ 63.3%
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €654,525 ▲ 15.0%
Current assets €472,940 ▲ 4.8%
Equity and liabilities €1.1m
Equity €174,353 ▼ 23.4%
Debt €953,112 ▲ 20.3%
Debt's share of the balance-sheet total rises from 77.7% to 84.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€49,729▼
2024 · €123,770
Cash flow
€22,517▼
2024 · €90,625
Debt to equity
5.47▲
2024 · 3.48
ROE
-30.5%▼
2024 · 12.1%
Interest coverage
1.86▼
2024 · 4.79
Debt ≤ 1 year
€435,820▲
2024 · €318,134
Debt > 1 year
€345,076▲
2024 · €328,986
Income taxes
€942▼
2024 · €7,300
Staff costs
€342,431▲
2024 · €184,856
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,271 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a small loss
4.1% went bankrupt
2.0% stopped otherwise
93.5% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

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 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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 1,271 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.0m€1.1m▲
Fixed assets21/28€0.6m€0.7m▲
Intangible fixed assets21€0.5m€0.6m▲
Tangible fixed assets22/27€0.05m€0.02m▼
Furniture and vehicles24€0.05m€0.02m▼
Financial fixed assets28€0.001m€0.001m=
Current assets29/58€0.5m€0.5m▲
Amounts receivable within one year40/41€0.3m€0.3m▲
Trade receivables40€0.3m€0.3m▲
Other amounts receivable41€5€37▲
Cash at bank and in hand54/58€0.08m€0.09m▲
Deferred charges and accrued income490/1€0.04m€0.04m▲
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.1m▲
Equity10/15€0.2m€0.2m▼
Contributions10/11€0.2m€0.2m=
Capital10€0.2m€0.2m=
Issued capital100€0.2m€0.2m=
Reserves13€0.03m€0.02m▼
Non-distributable reserves130/1€0.02m€0.02m=
Legal reserve130€0.02m€0.02m=
Distributable reserves133€0.008m-
Profit (loss) carried forward14--€0.05m
Amounts payable17/49€0.8m€1.0m▲
Amounts payable after more than one year17€0.3m€0.3m▲
Financial debts170/4€0.3m€0.3m▲
Amounts payable within one year42/48€0.3m€0.4m▲
Current portion of amounts payable after more than one year42€0.1m€0.1m▲
Trade debts44€0.1m€0.3m▲
Suppliers440/4€0.1m€0.3m▲
Taxes, remuneration and social security45€0.07m€0.06m▼
Taxes450/3€0.05m€0.02m▼
Remuneration and social security454/9€0.02m€0.04m▲
Accrued charges and deferred income492/3€0.1m€0.2m▲
Income statement Code20242025
Remuneration, social security and pensions62€0.2m€0.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.08m▲
Other operating charges640/8€0.006m€0.002m▼
Non-recurring operating charges66A-€0.003m
Gross operating margin9900€0.3m€0.4m▲
Operating profit (loss)9901€0.06m-€0.03m▼
Financial income75/76B-€438
Recurring financial income75-€438
Financial charges65/66B€0.03m€0.03m▲
Recurring financial charges65€0.03m€0.03m▲
Profit (loss) for the period before taxes9903€0.03m-€0.05m▼
Income taxes67/77€0.007m€0.001m▼
Profit (loss) for the period9904€0.03m-€0.05m▼
Profit (loss) for the period to be appropriated9905€0.03m-€0.05m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.03m-€0.05m▼
Transfer from equity791/2-€0.008m
Transfer to equity691/2€0.03m-
To the legal reserve6920€0.02m-
To other reserves6921€0.008m-

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€184,856€342,431▲ 85.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63,113€75,676▲ 19.9%
Other operating charges640/8€5,680€1,996▼ 64.9%
Non-recurring operating charges66A-€3,389-
Gross operating margin9900€314,305€397,545▲ 26.5%
Operating profit (loss)9901€60,657-€25,947-
Financial income75/76B-€438-
Recurring financial income75-€438-
Financial charges65/66B€25,845€26,708▲ 3.3%
Recurring financial charges65€25,845€26,708▲ 3.3%
Profit (loss) for the period before taxes9903€34,812-€52,217-
Income taxes67/77€7,300€942▼ 87.1%
Profit (loss) for the period9904€27,512-€53,159-
Profit (loss) for the period to be appropriated9905€27,512-€53,159-
Line20242025Change
Assets
Total assets20/58€1.0m€1.1m▲ 10.5%
Fixed assets21/28€0.6m€0.7m▲ 15.0%
Intangible fixed assets21€0.5m€0.6m▲ 21.0%
Tangible fixed assets22/27€0.05m€0.02m▼ 49.4%
Furniture and vehicles24€0.05m€0.02m▼ 49.4%
Financial fixed assets28€0.001m€0.001m=
Current assets29/58€0.5m€0.5m▲ 4.8%
Amounts receivable within one year40/41€0.3m€0.3m▲ 0.4%
Trade receivables40€0.3m€0.3m▲ 0.4%
Other amounts receivable41€5€37▲ 722%
Cash at bank and in hand54/58€0.08m€0.09m▲ 23.7%
Deferred charges and accrued income490/1€0.04m€0.04m▲ 7.4%
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.1m▲ 10.5%
Equity10/15€0.2m€0.2m▼ 23.4%
Contributions10/11€0.2m€0.2m=
Capital10€0.2m€0.2m=
Issued capital100€0.2m€0.2m=
Reserves13€0.03m€0.02m▼ 27.3%
Non-distributable reserves130/1€0.02m€0.02m=
Legal reserve130€0.02m€0.02m=
Distributable reserves133€0.008m--
Profit (loss) carried forward14--€0.05m-
Amounts payable17/49€0.8m€1.0m▲ 20.3%
Amounts payable after more than one year17€0.3m€0.3m▲ 4.9%
Financial debts170/4€0.3m€0.3m▲ 4.9%
Amounts payable within one year42/48€0.3m€0.4m▲ 37.0%
Current portion of amounts payable after more than one year42€0.1m€0.1m▲ 4.4%
Trade debts44€0.1m€0.3m▲ 94.6%
Suppliers440/4€0.1m€0.3m▲ 94.6%
Taxes, remuneration and social security45€0.07m€0.06m▼ 18.7%
Taxes450/3€0.05m€0.02m▼ 67.0%
Remuneration and social security454/9€0.02m€0.04m▲ 72.2%
Accrued charges and deferred income492/3€0.1m€0.2m▲ 18.4%
Line20242025Change
Profit (loss) for the period9904€27,512-€53,159-
+ Depreciation and write-downs630€63,113€75,676▲ 19.9%
Operating cash flow (approximation)€90,625€22,517▼ 75.2%
Investment in fixed assets (approximation)--€161,217-
Change in cash-€17,945-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
30-06-2025 micro format 10-01-2026 2026-00005399
30-06-2024 micro format 26-01-2025 2025-00010325

Similar companies · same sector, comparable size

Of the 16,927 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,927. 6,857 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2025 · 3 entries · €1,508 awarded · €1,508 paid
Year Entries AwardedPaid
2025 1 €518€518
2024 1 €0€990
2023 1 €990€0
Schemes
3 entries · €1,508 · €1,508 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.