BYTE SOLUTIONS
ActiveSummary
BYTE SOLUTIONS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €76,799 and a net result of €363. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 95% of 1555 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability59▼-37
Solvency100=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 33.95 against 43.58 in 2023; short-term debt: 2.9% and cash: 60.9% of total assets), and 2.9% of the assets are financed with debt.
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Signals
Five 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €76,799
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
21 d late
2022
31 d late
2021
2 d early
2020
30 d late
2019
61 d late
← 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 27 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)
History
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Financials · fiscal year 2024, full schema
Turnover
€40,680▼ 35.8%
2023 · €63,412
EBIT margin
2.8%▼ 34.0pp
2023 · 36.9%
Net result
€363▼ 97.7%
2023 · €15,921
Working capital
€75,733▲ 1.6%
2023 · €74,534
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
Turnover€98,111▼ 7.9%€48,150▼ 50.9%€40,756▼ 15.4%€63,412▲ 55.6%€40,680▼ 35.8%
Operating result€62,922▼ 6.6%€7,528▼ 88.0%€6,957▼ 7.6%€23,372▲ 236%€1,152▼ 95.1%
Net result€45,721above the sector's middle half▼ 2.1%€5,027within the sector's middle half▼ 89.0%€5,315within the sector's middle half▲ 5.7%€15,921within the sector's middle half▲ 200%€363within the sector's middle half▼ 97.7%
EBIT margin64.1%▲ 0.9pp15.6%▼ 48.5pp17.1%▲ 1.4pp36.9%▲ 19.8pp2.8%▼ 34.0pp
Equity€98,613within the sector's middle half▲ 86.4%€100,345within the sector's middle half▲ 1.8%€60,515within the sector's middle half▼ 39.7%€76,436within the sector's middle half▲ 26.3%€76,799within the sector's middle half▲ 0.5%
Total assets€154,108within the sector's middle half▲ 70.3%€126,187within the sector's middle half▼ 18.1%€67,167below the sector's middle half▼ 46.8%€78,187within the sector's middle half▲ 16.4%€79,098below the sector's middle half▲ 1.2%
Debt€55,495▲ 47.5%€25,842▼ 53.4%€6,651▼ 74.3%€1,750▼ 73.7%€2,298▲ 31.3%
Working capital€98,613within the sector's middle half▲ 86.4%€100,345within the sector's middle half▲ 1.8%€59,424within the sector's middle half▼ 40.8%€74,534within the sector's middle half▲ 25.4%€75,733within the sector's middle half▲ 1.6%
Solvency64.0%within the sector's middle half▲ 5.5pp79.5%above the sector's middle half▲ 15.5pp90.1%above the sector's middle half▲ 10.6pp97.8%above the sector's middle half▲ 7.7pp97.1%above the sector's middle half▼ 0.7pp
Current ratio2.78within the sector's middle half▲ 0.374.88within the sector's middle half▲ 2.119.93above the sector's middle half▲ 5.0543.58above the sector's middle half▲ 33.6533.95above the sector's middle half▼ 9.63
Return on assets (ROA)29.7%above the sector's middle half▼ 21.9pp4.0%within the sector's middle half▼ 25.7pp7.9%within the sector's middle half▲ 3.9pp20.4%within the sector's middle half▲ 12.4pp0.5%within the sector's middle half▼ 19.9pp
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.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 95% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €79,098
Fixed assets
€1,066 ▼ 44.0%
Current assets
€78,032 ▲ 2.3%
Equity and liabilities €79,098
Equity
€76,799 ▲ 0.5%
Debt
€2,298 ▲ 31.3%
Debt's share of the balance-sheet total rises from 2.2% to 2.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1,988▼
2023 · €23,879
Cash flow
€1,199▼
2023 · €16,428
Debt to equity
0.03▲
2023 · 0.02
ROE
0.5%▼
2023 · 20.8%
Interest coverage
14.16▼
2023 · 19.84
Debt ≤ 1 year
€2,298▲
2023 · €1,750
Income taxes
€648▼
2023 · €6,247
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 5,048 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €98,111 | €48,150 | €40,756 | €63,412 | €40,680 | ▼ 35.8% |
| Goods, raw materials, services and sundry goods60/61 | - | €40,792 | €34,216 | €40,092 | €39,190 | ▼ 2.2% |
| Remuneration, social security and pensions62 | - | €43 | €19 | €7 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €99 | €507 | €836 | ▲ 64.8% |
| Other operating charges640/8 | - | €26 | - | €784 | €952 | ▲ 21.4% |
| Gross operating margin9900 | €63,290 | €7,598 | €7,075 | €24,670 | €2,940 | ▼ 88.1% |
| Operating profit (loss)9901 | €62,922 | €7,528 | €6,957 | €23,372 | €1,152 | ▼ 95.1% |
| Financial income75/76B | - | - | €1 | - | - | - |
| Recurring financial income75 | €0 | - | €1 | - | - | - |
| Financial charges65/66B | - | €206 | €502 | €1,204 | €140 | ▼ 88.3% |
| Recurring financial charges65 | €0 | €206 | €502 | €1,204 | €140 | ▼ 88.3% |
| Profit (loss) for the period before taxes9903 | €62,921 | €7,322 | €6,456 | €22,168 | €1,011 | ▼ 95.4% |
| Income taxes67/77 | €17,200 | €2,295 | €1,140 | €6,247 | €648 | ▼ 89.6% |
| Profit (loss) for the period9904 | €45,721 | €5,027 | €5,315 | €15,921 | €363 | ▼ 97.7% |
| Profit (loss) for the period to be appropriated9905 | €45,721 | €5,027 | €5,315 | €15,921 | €363 | ▼ 97.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €154,108 | €126,187 | €67,167 | €78,187 | €79,098 | ▲ 1.2% |
| Fixed assets21/28 | - | - | €1,092 | €1,902 | €1,066 | ▼ 44.0% |
| Tangible fixed assets22/27 | - | - | €1,092 | €1,902 | €1,066 | ▼ 44.0% |
| Furniture and vehicles24 | - | - | €1,092 | €1,902 | €1,066 | ▼ 44.0% |
| Current assets29/58 | €154,108 | €126,187 | €66,075 | €76,285 | €78,032 | ▲ 2.3% |
| Amounts receivable within one year40/41 | €16,304 | €1,543 | €20,422 | €29,033 | €29,841 | ▲ 2.8% |
| Trade receivables40 | - | €1,102 | €1,587 | €420 | €5,881 | ▲ 1,300% |
| Other amounts receivable41 | - | €441 | €18,835 | €28,613 | €23,960 | ▼ 16.3% |
| Cash at bank and in hand54/58 | €122,954 | €124,644 | €41,603 | €47,252 | €48,161 | ▲ 1.9% |
| Deferred charges and accrued income490/1 | - | - | €4,050 | - | €30 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €154,108 | €126,187 | €67,167 | €78,187 | €79,098 | ▲ 1.2% |
| Equity10/15 | €98,613 | €100,345 | €60,515 | €76,436 | €76,799 | ▲ 0.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | €12,400 | €12,400 | - | - | - |
| Outside capital11 | - | - | - | €6,200 | €6,200 | = |
| Other1109/19 | - | - | - | €6,200 | €6,200 | = |
| Reserves13 | €47,581 | €49,000 | €49,000 | €66,000 | €66,000 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €47,140 | €47,140 | €64,140 | €64,140 | = |
| Profit (loss) carried forward14 | €44,832 | €45,145 | €5,315 | €4,237 | €4,599 | ▲ 8.6% |
| Amounts payable17/49 | €55,495 | €25,842 | €6,651 | €1,750 | €2,298 | ▲ 31.3% |
| Amounts payable within one year42/48 | €55,495 | €25,842 | €6,651 | €1,750 | €2,298 | ▲ 31.3% |
| Trade debts44 | €10,667 | €1,070 | €2,406 | €1,198 | €908 | ▼ 24.3% |
| Suppliers440/4 | - | €5 | €343 | €1,198 | €908 | ▼ 24.3% |
| Bills of exchange payable441 | - | €1,065 | €2,063 | - | - | - |
| Taxes, remuneration and social security45 | - | €24,772 | €4,246 | €552 | €1,391 | ▲ 152% |
| Taxes450/3 | - | €22,791 | €4,246 | €552 | €285 | ▼ 48.5% |
| Remuneration and social security454/9 | - | €1,982 | - | - | €1,106 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45,721 | €5,027 | €5,315 | €15,921 | €363 | ▼ 97.7% |
| + Depreciation and write-downs630 | - | - | €99 | €507 | €836 | ▲ 64.8% |
| Operating cash flow (approximation) | €45,721 | €5,027 | €5,415 | €16,428 | €1,199 | ▼ 92.7% |
| Investment in fixed assets (approximation) | - | - | - | -€1,318 | €0 | ▲ 100% |
| Change in cash | - | €1,690 | -€83,041 | €5,649 | €909 | ▼ 83.9% |
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
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 20 days late
2024
31-12
Financial
Weakest financial yearnet €363 ▼97.7%
Net result drops to €363, the lowest in the series.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 43.58
Current ratio from 9.93 to 43.58; short-term debt falls from €6,651 to €1,750.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 9.93
Current ratio from 4.88 to 9.93; short-term debt falls from €25,842 to €6,651.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €100,345 ▲1.8%
3 profitable years in a row build equity to €100,345.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
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, Brussel · 1 establishment unit since 2019
Ground area
878 m²
Building footprint
570 m²
Volume, LiDAR
13,194 m³
Parcel 21803C0109/00M000, Brussels · tallest building 30.3 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
BYTE SOLUTIONS
since 20192.283.645.561
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0109/00M000 | Brussels | 878 m² | 1 · 570 m² | 30.3 m · 8 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.
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Of 30,008 companies in sector 62200 we hold annual accounts for 18,400. 15,581 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
Founded08-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0717769415
Also
9925:BE0717769415
Registered
30-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.