Liquidity
Short-term debts fell from €14,931 to €1,227.
Short-term debts fell from €14,931 to €1,227.
The 2021 accounts came latest: 237 days after the end of the period.
Higher solvency than 95% of companies in computer programming and consultancy. Sector median 60.0% · 21,205 companies.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 1 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 62, micro). It does better than 85% of them on solvency, 46% on liquidity, 29% on profitability and 50% 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, 5,047 companies had the same profile as BLOCK IT has now. Each dot stands for 13 companies, two years later.
The bankruptcy probability of BLOCK IT itself is lower: 0.1% within 12 months. It rests on far more data about BLOCK IT than the profile alone.
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 5,047 companies, not a prediction for BLOCK IT. 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 ample, with a current ratio of 38.6 (2.06 in 2024), above the usual 1.5. Short-term debt is 2% and cash 10% of total assets. 2% 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 5 accounts on average 68 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BLOCK IT Drogenbos | €60,292 | €9,521 | 98.0% | - |
| Della Casa Consulting Boutersem | €60,215 | €7,434 | 5.0% | - |
| SPECTEUR Schaerbeek | €54,796 | €9,888 | 21.0% | - |
| Natralink Gembloux | €57,166 | €8,154 | 28.2% | - |
| X Dynamics Group Bredene | €68,375 | €8,497 | 32.1% | - |
| Venture Vessel Rotselaar | €78,143 | €11,446 | 94.0% | - |
| UNINET AGENCY Zaventem | €43,463 | €8,828 | 32.6% | - |
These companies have the same main activity as BLOCK IT: computer programming (NACE 62100). They are comparable in size and age: total assets between €43,500 and €78,100, founded between 2020 and 2021.
BLOCK IT files the micro format. That format states no turnover. The gross margin fell from €33,630 in 2021 to €9,521 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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