BORN4IT
ActiveSummary
BORN4IT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €29,878 and a net result of €26,441. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 23% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency56▼-5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.31 in 2023; short-term debt: 33.7% and cash: 30.2% of total assets), and 69.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.6%
Return on assets
27.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 20786 sector peers (2024).
NBB · sector comparisonPosition among 20786 sector peers
Solvency
better than 23%
← weakest
strongest →
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 31-07-2025, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
19 d early
2022
25 d early
2021
9 d early
2020
85 d early
2019
63 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€29,878▼ 5.3%
2023 · €31,555
Total assets
€97,590▲ 11.5%
2023 · €87,545
Net result
€26,441▼ 16.6%
2023 · €31,688
Working capital
€15,928▲ 36.4%
2023 · €11,675
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€4,297▼ 34.0%€31,501▲ 633%€24,821▼ 21.2%€41,482▲ 67.1%€35,649▼ 14.1%
Net result€2,188below the sector's middle half▼ 41.7%€24,557within the sector's middle half▲ 1,022%€19,132within the sector's middle half▼ 22.1%€31,688within the sector's middle half▲ 65.6%€26,441within the sector's middle half▼ 16.6%
Equity€33,649within the sector's middle half▲ 4.3%€33,649within the sector's middle half=€31,555within the sector's middle half▼ 6.2%€31,555within the sector's middle half=€29,878within the sector's middle half▼ 5.3%
Total assets€39,834below the sector's middle half▼ 14.8%€61,353below the sector's middle half▲ 54.0%€81,272within the sector's middle half▲ 32.5%€87,545within the sector's middle half▲ 7.7%€97,590within the sector's middle half▲ 11.5%
Debt€6,185▼ 57.3%€27,704▲ 348%€49,716▲ 79.5%€55,990▲ 12.6%€67,711▲ 20.9%
Working capital€28,924within the sector's middle half▲ 33.6%€32,040within the sector's middle half▲ 10.8%€15,443within the sector's middle half▼ 51.8%€11,675within the sector's middle half▼ 24.4%€15,928within the sector's middle half▲ 36.4%
Solvency84.5%above the sector's middle half▲ 15.5pp54.8%within the sector's middle half▼ 29.6pp38.8%within the sector's middle half▼ 16.0pp36.0%within the sector's middle half▼ 2.8pp30.6%below the sector's middle half▼ 5.4pp
Current ratio5.68above the sector's middle half▲ 2.782.16within the sector's middle half▼ 3.521.50within the sector's middle half▼ 0.661.31below the sector's middle half▼ 0.191.48within the sector's middle half▲ 0.17
Return on assets (ROA)5.5%within the sector's middle half▼ 2.5pp40.0%above the sector's middle half▲ 34.5pp23.5%within the sector's middle half▼ 16.5pp36.2%above the sector's middle half▲ 12.7pp27.1%within the sector's middle half▼ 9.1pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €97,590
Fixed assets
€48,758 ▲ 26.2%
Current assets
€48,832 ▼ 0.2%
Equity and liabilities €97,590
Equity
€29,878 ▼ 5.3%
Debt
€67,711 ▲ 20.9%
Debt's share of the balance-sheet total rises from 64.0% to 69.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€38,874▼
2023 · €44,484
Cash flow
€29,666▼
2023 · €34,690
Debt to equity
2.27▲
2023 · 1.77
ROE
88.5%▼
2023 · 100.4%
Interest coverage
24.01▼
2023 · 47.68
Debt ≤ 1 year
€32,904▼
2023 · €37,250
Debt > 1 year
€34,450▲
2023 · €18,740
Income taxes
€7,597▼
2023 · €8,872
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 34,679 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,983 | €3,116 | €3,087 | €3,002 | €3,225 | ▲ 7.4% |
| Other operating charges640/8 | - | €1,279 | €1,661 | €1,404 | €1,225 | ▼ 12.8% |
| Gross operating margin9900 | €14,236 | €35,896 | €29,569 | €45,888 | €40,099 | ▼ 12.6% |
| Operating profit (loss)9901 | €4,297 | €31,501 | €24,821 | €41,482 | €35,649 | ▼ 14.1% |
| Financial income75/76B | - | €6 | €2 | €11 | €8 | ▼ 32.5% |
| Recurring financial income75 | €0 | €6 | €2 | €11 | €8 | ▼ 32.5% |
| Financial charges65/66B | - | €101 | €82 | €933 | €1,619 | ▲ 73.5% |
| Recurring financial charges65 | €205 | €101 | €82 | €933 | €1,619 | ▲ 73.5% |
| Profit (loss) for the period before taxes9903 | €4,092 | €31,406 | €24,740 | €40,560 | €34,038 | ▼ 16.1% |
| Income taxes67/77 | €1,904 | €6,849 | €5,608 | €8,872 | €7,597 | ▼ 14.4% |
| Profit (loss) for the period9904 | €2,188 | €24,557 | €19,132 | €31,688 | €26,441 | ▼ 16.6% |
| Profit (loss) for the period to be appropriated9905 | €2,188 | €24,557 | €19,132 | €31,688 | €26,441 | ▼ 16.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39,834 | €61,353 | €81,272 | €87,545 | €97,590 | ▲ 11.5% |
| Fixed assets21/28 | €4,725 | €1,608 | €34,853 | €38,620 | €48,758 | ▲ 26.2% |
| Tangible fixed assets22/27 | €4,725 | €1,608 | €32,353 | €36,120 | €46,258 | ▲ 28.1% |
| Land and buildings22 | - | - | €22,740 | €24,455 | €36,907 | ▲ 50.9% |
| Plant, machinery and equipment23 | - | - | - | €3,501 | €2,635 | ▼ 24.8% |
| Furniture and vehicles24 | - | €1,608 | €977 | €488 | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | €8,636 | €7,676 | €6,716 | ▼ 12.5% |
| Financial fixed assets28 | - | - | €2,500 | €2,500 | €2,500 | = |
| Current assets29/58 | €35,109 | €59,744 | €46,419 | €48,924 | €48,832 | ▼ 0.2% |
| Amounts receivable within one year40/41 | €11,585 | €13,997 | €18,827 | €14,373 | €18,434 | ▲ 28.3% |
| Trade receivables40 | - | €13,250 | €16,498 | €13,184 | €14,842 | ▲ 12.6% |
| Other amounts receivable41 | - | €747 | €2,329 | €1,189 | €3,592 | ▲ 202% |
| Cash at bank and in hand54/58 | €23,238 | €45,747 | €27,592 | €33,036 | €29,487 | ▼ 10.7% |
| Deferred charges and accrued income490/1 | - | €0 | - | €1,515 | €910 | ▼ 39.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39,834 | €61,353 | €81,272 | €87,545 | €97,590 | ▲ 11.5% |
| Equity10/15 | €33,649 | €33,649 | €31,555 | €31,555 | €29,878 | ▼ 5.3% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €15,049 | €15,049 | €12,955 | €12,955 | €11,278 | ▼ 12.9% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €13,189 | €11,095 | €12,955 | €11,278 | ▼ 12.9% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €6,185 | €27,704 | €49,716 | €55,990 | €67,711 | ▲ 20.9% |
| Amounts payable after more than one year17 | - | - | €18,740 | €18,740 | €34,450 | ▲ 83.8% |
| Financial debts170/4 | - | - | €18,740 | €18,740 | €34,450 | ▲ 83.8% |
| Amounts payable within one year42/48 | €6,185 | €27,704 | €30,976 | €37,250 | €32,904 | ▼ 11.7% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | €3,826 | - |
| Trade debts44 | €571 | €954 | €3,993 | €1,432 | €629 | ▼ 56.1% |
| Suppliers440/4 | - | €954 | €3,993 | €1,432 | €629 | ▼ 56.1% |
| Taxes, remuneration and social security45 | - | €1,787 | €5,644 | €3,678 | €331 | ▼ 91.0% |
| Taxes450/3 | - | €1,787 | €5,644 | €3,678 | €331 | ▼ 91.0% |
| Other amounts payable47/48 | - | €24,963 | €21,340 | €32,141 | €28,118 | ▼ 12.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €357 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,188 | €24,557 | €19,132 | €31,688 | €26,441 | ▼ 16.6% |
| + Depreciation and write-downs630 | €8,983 | €3,116 | €3,087 | €3,002 | €3,225 | ▲ 7.4% |
| Operating cash flow (approximation) | €11,171 | €27,673 | €22,219 | €34,690 | €29,666 | ▼ 14.5% |
| Investment in fixed assets (approximation) | - | €0 | -€36,331 | -€6,770 | -€13,362 | ▼ 97.4% |
| Change in cash | - | €22,509 | -€18,155 | €5,444 | -€3,549 | ▼ 165% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €31,688 ▲65.6%
Operating result €41,482, net result €31,688, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €2,188 ▼41.7%
Net result drops to €2,188, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Zedelgem · 1 establishment unit since 2016
Ground area
475 m²
Building footprint
152 m²
Volume, LiDAR
811 m³
Parcel 31040B0478/00A002, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Born4IT
since 20162.250.380.796
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040B0478/00A002 | Flanders | 475 m² | 1 · 152 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,557 EUR awarded · 1,557 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 265 EUR | 265 EUR |
| 2024 | 1 | 1,292 EUR | 1,292 EUR |
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 14,330 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-02-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
62100Computer programming
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0648631575
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.