Equity
BRYTECODE paid out €192,337 in dividends. That is 307% of the 2025 profit.
BRYTECODE paid out €192,337 in dividends. That is 307% of the 2025 profit.
The micro format states no turnover.
Debts rose by €128,167 in 2025.
Green is investment, beige is depreciation.
Short-term debts rose from €14,171 to €142,415.
The last five annual accounts were filed 8 to 147 days before the end of the period.
The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).
Fewer than 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 31% of them on solvency, 34% on liquidity, 82% on profitability and 11% on growth.
The bankruptcy probability was computed on 10-11-2026 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, 26,972 companies had the same profile as BRYTECODE has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BRYTECODE itself is lower: < 0.1% within 12 months. It rests on far more data about BRYTECODE than the profile alone.
The method was tested on the 497,448 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 26,972 companies, not a prediction for BRYTECODE. 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 (14.72 in 2024), below the usual 1.5. Short-term debt is 67.2% and cash 30.6% of total assets. 67.2% 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 6 accounts on average 47 days before 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 | ||||
|---|---|---|---|---|
| BRYTECODE Watermael-Boitsfort | €212,019 | €88,612 | 32.8% | - |
| MKNO Consulting Services Brussels | €216,016 | €84,275 | 42.9% | - |
| Sparkswell Schaerbeek | €191,850 | €83,282 | 56.9% | - |
| Sbrango Forest | €192,182 | €89,652 | 98.6% | - |
| Solkern Uccle | €216,825 | €89,812 | 59.6% | - |
| ICT Constantinescu Auderghem | €182,273 | €89,467 | 91.2% | - |
| BytePower Brecht | €220,736 | €87,588 | 55.3% | - |
These companies have the same main activity as BRYTECODE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €182,000 and €221,000, founded between 2018 and 2019.
BRYTECODE files the micro format. That format states no turnover. The gross margin fell from €104,472 in 2020 to €88,612 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €150,000 and €220,000.
Higher than 29% of 21,208 companies in 2025.
Higher than 22% of 20,571 companies in 2025.
Higher than 66% of 20,746 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
212,019 | 213,603 | 147,202 | 163,355 | 134,517 | 101,160 | |
21/28 |
51,454 | 5,057 | 6,137 | 1,206 | 2,115 | 1,145 | |
22/27 |
51,204 | 4,807 | 5,887 | 956 | 1,865 | 895 | |
24 |
51,204 | 4,807 | 5,887 | 956 | 1,865 | 895 | |
28 |
250 | 250 | 250 | 250 | 250 | 250 | |
29/58 |
160,564 | 208,545 | 141,066 | 162,148 | 132,402 | 100,015 | |
29 |
77,930 | 80,199 | 82,383 | - | - | - | |
291 |
77,930 | 80,199 | 82,383 | - | - | - | |
40/41 |
17,140 | 49,322 | 21,204 | 21,584 | 16,321 | 16,744 | |
40 |
11,798 | 14,520 | 10,500 | 13,426 | 11,730 | 13,649 | |
41 |
5,343 | 34,802 | 10,704 | 8,158 | 4,591 | 3,095 | |
54/58 |
64,967 | 75,901 | 34,733 | 138,449 | 114,353 | 81,477 | |
490/1 |
527 | 3,124 | 2,745 | 2,116 | 1,729 | 1,793 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
212,019 | 213,603 | 147,202 | 163,355 | 134,517 | 101,160 | |
10/15 |
69,604 | 199,355 | 139,046 | 139,821 | 115,140 | 84,217 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 14,000 | 14,000 | |
13 |
51,004 | 180,755 | 121,221 | 121,221 | 101,140 | 70,217 | |
133 |
51,004 | 180,755 | 121,221 | 121,221 | 101,140 | 70,217 | |
14 |
0 | 0 | -775 | - | - | - | |
17/49 |
142,415 | 14,248 | 8,157 | 23,533 | 19,377 | 16,942 | |
42/48 |
142,415 | 14,171 | 8,157 | 23,533 | 19,127 | 16,942 | |
44 |
924 | 191 | 2,631 | 2,687 | 1,948 | 50 | |
440/4 |
924 | 191 | 2,631 | 2,687 | 1,948 | 50 | |
45 |
18,509 | 13,980 | 5,526 | 6,213 | 1,228 | 4,748 | |
450/3 |
15,286 | 10,839 | 2,491 | 6,213 | 1,228 | 4,748 | |
454/9 |
3,223 | 3,141 | 3,035 | - | - | - | |
47/48 |
122,982 | - | 0 | 14,633 | 15,950 | 12,144 | |
492/3 |
0 | 77 | - | - | 250 | - | |
| Income statement | |||||||
9900 |
88,612 | 77,913 | 4,499 | 32,386 | 47,858 | 104,472 | |
630 |
7,835 | 3,066 | 3,461 | 909 | 862 | 1,253 | |
640/8 |
4,164 | 727 | 867 | 500 | 499 | 239 | |
66A |
- | - | - | - | 895 | - | |
9901 |
76,614 | 74,120 | 172 | 30,977 | 45,603 | 102,980 | |
75/76B |
3,076 | 4,131 | 803 | 10 | 0 | 1 | |
75 |
3,076 | 4,131 | 803 | 10 | 0 | 1 | |
65/66B |
179 | 197 | 350 | 492 | 466 | 58 | |
65 |
179 | 197 | 350 | 492 | 466 | 58 | |
9903 |
79,511 | 78,054 | 624 | 30,496 | 45,137 | 102,923 | |
67/77 |
16,926 | 17,745 | 1,400 | 9,615 | 13,414 | 31,905 | |
9904 |
62,586 | 60,309 | -775 | 20,881 | 31,723 | 71,017 | |
9905 |
62,586 | 60,309 | -775 | 20,881 | 31,723 | 71,017 | |
| Appropriation of the result | |||||||
9906 |
62,586 | 59,534 | -775 | 20,881 | 31,723 | 71,017 | |
14P |
0 | -775 | - | - | - | - | |
791/2 |
129,751 | - | - | - | - | - | |
691/2 |
0 | 59,534 | 0 | 20,081 | 30,923 | 70,217 | |
6921 |
0 | 59,534 | 0 | 20,081 | 30,923 | 70,217 | |
694/7 |
192,337 | - | 0 | 800 | 800 | 800 | |
694 |
192,337 | - | 0 | 800 | 800 | 800 | |
| Document | |||||||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 06-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-03-2026 | 2026-00049926 | |
| 31-12-2024 | micro format | 23-07-2025 | 2025-00305600 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00204746 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00198669 | |
| 31-12-2021 | micro format | 30-06-2022 | 2022-20141035 | |
| 31-12-2020 | micro format | 25-06-2021 | 2021-25200530 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 84,449 | 77,186 | 3,633 | 31,886 | 46,464 | 104,233 | ||
| 70,421 | 63,375 | 2,685 | 21,790 | 32,584 | 72,270 | ||
| 57,274 | 1,987 | 8,391 | 0 | 2,727 | 2,398 | ||
| -10,934 | 41,168 | -103,716 | 24,096 | 32,876 | - | ||
| 18,150 | 194,374 | 132,909 | 138,615 | 113,275 | 83,072 | ||
| 32.8% | 93.3% | 94.5% | 85.6% | 85.6% | 83.3% | ||
| 1.13 | 14.72 | 17.29 | 6.89 | 6.92 | 5.90 | ||
| 2.05 | 0.07 | 0.06 | 0.17 | 0.17 | 0.20 | ||
| 89.9% | 30.3% | -0.6% | 14.9% | 27.6% | 84.3% | ||
| 29.5% | 28.2% | -0.5% | 12.8% | 23.6% | 70.2% | ||
| over 100 | over 100 | 10.37 | 64.84 | 99.76 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €57,274 | €1,987 | €8,391 | - | €2,727 |
| Financial fixed assets | €0 | - | - | - | - |
| €7,835 | €3,066 | €3,461 | €909 | €862 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 3% higher than in 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 6.7% to 67.2%. Equity is lower and debt is higher.
BRYTECODE has no parent and no holdings in its annual accounts. ELLIOTT Dries Simonne Door is the only director. BRYTECODE shares no director with another company.
| TRANSPORTS SCHMIT - ROUFOSSE - DESTRIJKER
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76 FTE (2025) 0453.084.426 |
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| BATIRO
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| WaveXpert
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| YULIZEN
registered office since 23-11-2023 · founded in 2023 |
total assets €45,745 (2025) 1002.607.836 |
| Pirard, Stéphane (sole trader)
establishment since 18-04-2025 |
founded in 2025 0795.735.441 |
| Wanet, Elie (sole trader)
establishment since 01-10-2021 |
founded in 2021 0774.802.247 |
| Association des copropriétaires à Watermael-Boitsfort, rue des Pêcheries, 79, Résidence Léopold II
registered office since 01-01-2008 |
founded in 1979 0833.444.190 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 3 April 2019, BRYTECODE was incorporated by one natural person, with a starting capital of €18,600.12 In 2023 the registered office moved to Watermael-Boitsfort.3 A capital increase in 2023 brought the capital to €18,600.4 ELLIOTT Dries Simonne Door has served as director since 2019.5 Total assets went from €101,160 in 2020 to €212,019 in 2025.6
| Establishment | Since | Unit number |
|---|---|---|
| Visserijstraat 79 registered office 1170 Watermael-Boitsfort | 03-04-2019 | 2.287.331.066 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21017D0205/00G000 | 1.2 ha | 1 · 646 m² | 30.2 m · 9 |
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