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BLITSS

Active
Private limited companyfounded 200916 yrs activeLeenstraat 86, 8870 Izegem, BelgiumKBO/BCE: BE 0820.020.875

BLITSS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €918k and a net result of €100k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 75% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
93 / 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▼-19
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 2.26 against 2.12 in 2023), and 19% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
81%
Return on assets
8.8%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
9 d early
2023
61 d late
2022
61 d late
2021
34 d early
2020
4 d early
2019
9 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€918k▲ 12.2%
2023 · €818k
2018: €513k 2019: €566k 2020: €638k 2021: €619k 2022: €698k 2023: €818k
2018 → 2024
Total assets
€1.13M▼ 7.5%
2023 · €1.22M
2018: €838k 2019: €1.11M 2020: €1.11M 2021: €1.05M 2022: €1.12M 2023: €1.22M
2018 → 2024
Net result
€100k▼ 17.1%
2023 · €120k
2018: €97k 2019: €54k 2020: €73k 2021: €28k 2022: €79k 2023: €120k
2018 → 2024
Working capital
€128k▼ 9.3%
2023 · €141k
2018: €119k 2019: €130k 2020: €123k 2021: €78k 2022: €13k 2023: €141k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€638k-€619k▼ 3.1%€698k▲ 12.8%€818k▲ 17.2%€918k▲ 12.2%
Operating result€111k-€50k▼ 54.9%€122k▲ 144%€184k▲ 50.6%€150k▼ 18.3%
Net result€73k-€28k▼ 61.9%€79k▲ 186%€120k▲ 52.0%€100k▼ 17.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150k€200kOperating result 2020: €111k€111kNet result 2020: €73k€73kOperating result 2021: €50k€50kNet result 2021: €28k€28kOperating result 2022: €122k€122kNet result 2022: €79k€79kOperating result 2023: €184k€184kNet result 2023: €120k€120kOperating result 2024: €150k€150kNet result 2024: €100k€100k20202021202220232024
The operating result falls in 2024; 2024 is 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.13M
Fixed assets €902k▼ 5.7%
Current assets €230k▼ 14.1%
Equity and liabilities €1.13M
Equity €918k▲ 12.2%
Debt €215k▼ 47.1%
The debt ratio falls from 33.2% to 19.0%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€228k
2023 · €263k
Cash flow
€178k
2023 · €200k
Solvency
81.0%
2023 · 66.8%
Current ratio
2.26
2023 · 2.12
Quick ratio
2.26
2023 · 2.12
Debt / equity
0.23
2023 · 0.50
ROE
10.9%
2023 · 14.7%
ROA
8.8%
2023 · 9.8%
Interest coverage
23.97
2023 · 22.86
Debt
€215k
2023 · €406k
Debt ≤ 1 year
€102k
2023 · €127k
Debt > 1 year
€108k
2023 · €280k
Income taxes
€45k
2023 · €54k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€1.22M€1.13M
Fixed assets21/28€956k€902k
Tangible fixed assets22/27€956k€902k
Land and buildings22€936k€869k
Plant, machinery and equipment23€3k€13k
Furniture and vehicles24€17k€20k
Financial fixed assets28€624€624=
Current assets29/58€268k€230k
Amounts receivable after more than one year29€55k€55k=
Other amounts receivable291€55k€55k=
Amounts receivable within one year40/41€119k€126k
Trade receivables40€79k€53k
Other amounts receivable41€40k€73k
Cash at bank and in hand54/58€92k€47k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€1.22M€1.13M
Equity10/15€818k€918k
Contributions10/11€6k€8k
Reserves13€769k€866k
Non-distributable reserves130/1€2k€0
Reserves not available under the articles1311€2k€0
Distributable reserves133€767k€866k
Profit (loss) carried forward14€43k€43k=
Amounts payable17/49€406k€215k
Amounts payable after more than one year17€280k€108k
Financial debts170/4€280k€108k
Amounts payable within one year42/48€127k€102k
Current portion of amounts payable after more than one year42€44k€27k
Trade debts44€20k€7k
Suppliers440/4€20k€7k
Taxes, remuneration and social security45€63k€68k
Taxes450/3€63k€68k
Accrued charges and deferred income492/3-€5k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€80k€78k
Other operating charges640/8€2k€3k
Gross operating margin9900€265k€232k
Operating profit (loss)9901€184k€150k
Financial income75/76B€2k€4k
Recurring financial income75€2k€4k
Financial charges65/66B€12k€10k
Recurring financial charges65€12k€10k
Profit (loss) for the period before taxes9903€174k€145k
Income taxes67/77€54k€45k
Profit (loss) for the period9904€120k€100k
Profit (loss) for the period to be appropriated9905€120k€100k
Appropriation of the result
Profit (loss) to be appropriated9906€163k€143k
Profit (loss) brought forward from the previous period14P€43k€43k=
Transfer from equity791/2-€2k
Transfer to equity691/2€120k€101k
To contributions691-€2k
To other reserves6921€120k€100k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial Highest result since 2018net €120k ▲52%
Operating result €184k, net result €120k, both a record.
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
27-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €28k ▼61.9%
Net result drops to €28k, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2009
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Leenstraat 868870 Izegem
Ground area
960 m²
Building footprint
163 m²
Volume, LiDAR
1 m³
Parcel 36494D1275/00T000, Flanders · tallest building 0.9 m. Linked by address, not a title deed.
1 establishment unit
BLITSS
Leenstraat 86, 8870 IzegemWholesale trade
since 20092.182.380.828
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
36494D1275/00T000 Flanders 960 m² 1 · 162 m² 0.9 m
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,885 companies in sector 62200 we hold annual accounts for 18,322. 8,945 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-10-2009
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
47410Retail trade
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.