Financials
- Fiscal year
- 2024
- Total assets
- €31,089
- Profit
- €7,209
- Solvency
- 11.0%
Total assets▼ 49.6%
Net result
20202024
BY TECHNOLOGY
ActiveSummary
The computed 12-month bankruptcy probability of BY TECHNOLOGY is 1.7% (moderate). The 2024 annual accounts show equity of €3,427 and a net result of €7,209. Equity is shrinking by ~26.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 13% of 20775 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Computer consultancy and computer facilities management
NACE 62200IT consultancy NACE 62020
1 site
Size
€31,089total assets 2024
- Equity
- €3,427
- Profit
- €7,209
Turnover not published (abridged schema)
Structure
Accounts 65 d overdue0 of 1 deed read
Why 53- 1 financial year not filed after the legal deadline; latest accounts 110 days late; 3 of the last 3 late- Figures for FY 2024 (filed 19-11-2025)+ Sector Computer programming, consultancy and related activities (NACE 62)+ Size: total assets €31,089Show the evidence
Checked score
Score 2024
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 24% of its sector peers (NACE 62, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
36-3
equity 11.0% of total assets
Liquidity
20-17
short-term debt 89.0% · cash 15.6%
Profitability
95+95
return on assets 23.2%
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%lowest value
12-2024: 0.3%● 0.0% vs 11-2024lowest value
01-2025: 0.3%● 0.0% vs 12-2024lowest value
02-2025: 0.3%● 0.0% vs 01-2025lowest value
03-2025: 0.3%▲ +5.2% vs 02-2025
04-2025: 0.3%▲ +1.6% vs 03-2025
05-2025: 0.3%● 0.0% vs 04-2025
06-2025: 0.3%▲ +7.7% vs 05-2025
07-2025: 0.3%▲ +1.8% vs 06-2025
08-2025: 0.6%▲ +65.4% vs 07-2025
09-2025: 0.8%▲ +34.6% vs 08-2025
10-2025: 1.3%▲ +73.4% vs 09-2025
11-2025: 1.3%▲ +1.7% vs 10-2025
12-2025: 0.7%▼ -47.0% vs 11-2025
01-2026: 0.7%▼ -1.3% vs 12-2025
02-2026: 0.7%● 0.0% vs 01-2026
03-2026: 0.8%▲ +7.7% vs 02-2026
04-2026: 0.8%▲ +4.9% vs 03-2026
05-2026: 0.8%▼ -1.5% vs 04-2026
06-2026: 0.7%▼ -4.6% vs 05-2026
07-2026: 0.7%▲ +0.7% vs 06-2026
08-2026: 1.0%▲ +30.7% vs 07-2026
09-2026: 1.2%▲ +20.1% vs 08-2026
10-2026: 1.7%▲ +47.8% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 110 days late; 3 of the last 3 late raises the probability
- Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
- Figures for FY 2024 (filed 19-11-2025) raises the probability
- Size: total assets €31,089 lowers the probability for this profile
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.76 against 0.97 in 2023; short-term debt: 89% and cash: 15.6% of total assets), and 89% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 62, micro). Better than this share of them on solvency 17%, liquidity 7%, profitability 60%, growth against the median 12%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 20775 sector peers (2024).
NBB · sector comparisonPosition among 20775 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-11-2025, 110 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
110 d late
2023
57 d late
2022
31 d late
2021
19 d late
2020
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 49 days after 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)
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €7,209
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 8
- Since
- 2021
- 18-11-2025Annual accounts filed
- 31-12-2024Back to profit
- 26-09-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Founded
- 26-06-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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