Equity
BIZZIT has made a profit in every financial year since 2016.
BIZZIT has made a profit in every financial year since 2016.
Of this, €628,383 falls due within a year.
Latest accounts filed late: after the legal deadline.
2 restructurings since 2024. Latest: merger with LIESENS ACCOUNTANTSKANTOOR.
Lower net result than 89% of companies in legal and accounting. Sector median €94,952 · 4,124 companies.
The dashed line is the sector median: < 0.1% across 1,476 companies (NACE 69, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 69, small). It does better than 32% of them on solvency, 12% on liquidity, 22% on profitability and 32% on growth.
The bankruptcy probability was computed on 08-11-2026 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).
In July 2024, 4,107 companies had the same profile as BIZZIT has now. Each dot stands for 11 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BIZZIT itself: 0.2% within 12 months.
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.
| 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 4,107 companies, not a prediction for BIZZIT. 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.
Liquidity is tight, with a current ratio of 1.13 (1.18 in 2024), below the usual 1.5. Short-term debt is 51.3% and cash 7.6% of total assets. 73.7% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 45 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Shares in 1 company, LIESENS ACCOUNTANTSKANTOOR
Board & ownership| Company | ||||
|---|---|---|---|---|
| BIZZIT Diepenbeek | €1.2m | €1.2m | 26.3% | 16.1 |
| Huysmans-Ruette Boekhouding & Fiscaliteit Lanaken | €1.3m | €1.3m | 58.2% | 13.2 |
| Eeco Twins Accounting Denderleeuw | €1.6m | €1.3m | 27.2% | 13.8 |
| Registor(e) Vilvoorde | €1.3m | €1.3m | 50.2% | 12.8 |
| FIDUCIAIRE JORIS & ASSOCIES Somme-Leuze | €1.5m | €1.1m | 56.1% | 12.1 |
| FINANCIAL WAY Liège | €1.5m | €1.6m | 26.3% | 16.9 |
| KEMPAS Turnhout | €1.6m | €1.8m | 22.6% | 16.3 |
These companies have the same main activity as BIZZIT: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €1.3m and €1.6m, founded between 2012 and 2017.
BIZZIT files the abbreviated format. That format states no turnover. The gross margin rose from €280,461 in 2016 to €1.2m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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