BYTEFLIES
ActiveSummary
BYTEFLIES has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.2m) and a net result of -€1.3m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 1452 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▲+11
Solvency10▼-21
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.96 against 2.27 in 2024; short-term debt: 18.3% and cash: 1.3% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 · 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 2025Solvency, return and age of the figures
Solvency
-15.3%
Return on assets
-17.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.2m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
1 d early
2024
20 d early
2023
on the day
2022
4 d late
2021
30 d early
2020
31 d late
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
On 17 April 2015, BYTEFLIES was incorporated.1 A capital increase in 2026 brought the capital to EUR 643,013.2 Elie Boonefaes has served as director of the company since 2026.3 Total assets went from EUR 1.6 million in 2018 to EUR 7.8 million in 2025 and headcount from 8.4 to 24.6 full-time equivalents.4
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1.3m▲ 35.1%
2024 · -€2.1m
Working capital
-€51,708
2024 · €963,787
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
Line20212022202320242025
Operating result€865,975▲ 230%-€2.5m-€2.0m▲ 22.0%-€1.2m▲ 41.8%-€862,393▲ 25.2%
Net result€858,852above the sector's middle half▲ 231%-€2.6mbelow the sector's middle half-€2.0mbelow the sector's middle half▲ 22.2%-€2.1mbelow the sector's middle half▼ 3.9%-€1.3mbelow the sector's middle half▲ 35.1%
Equity€3.3mabove the sector's middle half▲ 35.1%€750,346above the sector's middle half▼ 77.3%€2.4mabove the sector's middle half▲ 225%€371,346within the sector's middle half▼ 84.8%-€1.2mbelow the sector's middle half
Total assets€3.6mabove the sector's middle half▲ 39.1%€1.9mabove the sector's middle half▼ 46.7%€4.4mabove the sector's middle half▲ 127%€6.6mabove the sector's middle half▲ 50.6%€7.8mabove the sector's middle half▲ 18.7%
Debt€298,456▲ 106%€1.2m▲ 292%€1.9m▲ 64.6%€6.2m▲ 222%€9.0m▲ 45.1%
Working capital€3.0mabove the sector's middle half▲ 47.7%€755,309above the sector's middle half▼ 75.2%€764,073within the sector's middle half▲ 1.2%€963,787above the sector's middle half▲ 26.1%-€51,708below the sector's middle half
Solvency91.7%above the sector's middle half▼ 2.7pp39.0%within the sector's middle half▼ 52.7pp55.8%within the sector's middle half▲ 16.8pp5.6%below the sector's middle half▼ 50.2pp-15.3%below the sector's middle half▼ 21.0pp
Current ratio11.19above the sector's middle half▼ 3.992.01within the sector's middle half▼ 9.191.95within the sector's middle half▼ 0.062.27within the sector's middle half▲ 0.320.96within the sector's middle half▼ 1.31
Return on assets (ROA)23.8%above the sector's middle half▲ 13.8pp-132.9%below the sector's middle half▼ 156.8pp-45.5%below the sector's middle half▲ 87.4pp-31.4%below the sector's middle half▲ 14.1pp-17.2%below the sector's middle half▲ 14.2pp
Staff (FTE)18.4above the sector's middle half▲ 38.3%23above the sector's middle half▲ 25.0%24.4within the sector's middle half▲ 6.1%22.6above the sector's middle half▼ 7.4%24.6within the sector's middle half▲ 8.8%
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 stays negative: a loss of €862,393 in 2025 against €1.2m in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.8m
Fixed assets
€6.4m ▲ 32.6%
Current assets
€1.4m ▼ 20.3%
Key figures and ratios
EBITDA
€649,386▲
2024 · -€294,385
Cash flow
€171,462▲
2024 · -€1.2m
Quick ratio
0.64▼
2024 · 1.63
Debt to equity
-7.53▼
2024 · 16.71
Interest coverage
1.35▲
2024 · -0.32
Debt ≤ 1 year
€1.4m▲
2024 · €759,568
Debt > 1 year
€7.3m▲
2024 · €5.1m
Income taxes
€991
Staff costs
€2.4m▲
2024 · €2.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 598 companies that looked in July 2024 the way this one looks now, 9.4% went bankrupt within 24 months and 83% are still going.
- Small
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
9.4%
went bankrupt
6.0%
stopped otherwise
83%
still going
A further 1.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 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% | 1.9% |
| 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 598 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1.5m | €2.1m | €2.5m | €2.1m | €2.4m | ▲ 10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €174,063 | €167,578 | €332,431 | €858,064 | €1.5m | ▲ 76.2% |
| Other operating charges640/8 | - | - | €44 | €125 | €45,983 | ▲ 36,822% |
| Non-recurring operating charges66A | - | - | €4,498 | €507 | - | - |
| Gross operating margin9900 | €2.6m | -€268,343 | €832,857 | €1.9m | €3.1m | ▲ 65.4% |
| Operating profit (loss)9901 | €865,975 | -€2.5m | -€2.0m | -€1.2m | -€862,393 | ▲ 25.2% |
| Financial income75/76B | - | - | €9,133 | €3,484 | €3,035 | ▼ 12.9% |
| Recurring financial income75 | - | - | €9,133 | €3,484 | €3,035 | ▼ 12.9% |
| Financial charges65/66B | €7,122 | €17,407 | €17,879 | €916,961 | €479,969 | ▼ 47.7% |
| Recurring financial charges65 | €7,122 | €17,407 | €17,879 | €916,961 | €479,969 | ▼ 47.7% |
| Profit (loss) for the period before taxes9903 | €858,852 | -€2.6m | -€2.0m | -€2.1m | -€1.3m | ▲ 35.2% |
| Income taxes67/77 | - | - | €207 | - | €991 | - |
| Profit (loss) for the period9904 | €858,852 | -€2.6m | -€2.0m | -€2.1m | -€1.3m | ▲ 35.1% |
| Profit (loss) for the period to be appropriated9905 | €858,852 | -€2.6m | -€2.0m | -€2.1m | -€1.3m | ▲ 35.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.6m | €1.9m | €4.4m | €6.6m | €7.8m | ▲ 18.7% |
| Fixed assets21/28 | €262,680 | €416,775 | €2.8m | €4.9m | €6.4m | ▲ 32.6% |
| Intangible fixed assets21 | €107,302 | €22,651 | €2.4m | €4.6m | €6.3m | ▲ 36.7% |
| Tangible fixed assets22/27 | €62,376 | €301,122 | €281,071 | €169,483 | €63,257 | ▼ 62.7% |
| Land and buildings22 | €6,441 | €243,401 | €238,480 | €152,591 | €57,706 | ▼ 62.2% |
| Plant, machinery and equipment23 | €6,201 | - | - | - | - | - |
| Furniture and vehicles24 | €49,735 | €57,720 | €42,591 | €16,891 | €5,551 | ▼ 67.1% |
| Financial fixed assets28 | €93,003 | €93,003 | €93,003 | €92,003 | €92,003 | = |
| Current assets29/58 | €3.3m | €1.5m | €1.6m | €1.7m | €1.4m | ▼ 20.3% |
| Stocks and contracts in progress3 | €366,180 | €429,165 | €380,130 | €485,541 | €462,111 | ▼ 4.8% |
| Stocks30/36 | €366,180 | €429,165 | €380,130 | €485,541 | €462,111 | ▼ 4.8% |
| Amounts receivable within one year40/41 | €1.2m | €929,748 | €1.2m | €627,541 | €409,250 | ▼ 34.8% |
| Trade receivables40 | €737,682 | €12,311 | €131,052 | €614,104 | €405,667 | ▼ 33.9% |
| Other amounts receivable41 | €492,907 | €917,437 | €1.0m | €13,436 | €3,583 | ▼ 73.3% |
| Cash at bank and in hand54/58 | €1.7m | €76,542 | €11,766 | €458,112 | €97,587 | ▼ 78.7% |
| Deferred charges and accrued income490/1 | €64,479 | €69,502 | - | €152,161 | €405,018 | ▲ 166% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.6m | €1.9m | €4.4m | €6.6m | €7.8m | ▲ 18.7% |
| Equity10/15 | €3.3m | €750,346 | €2.4m | €371,346 | -€1.2m | ▼ 422% |
| Contributions10/11 | €1.1m | €1.1m | €4.8m | €357,002 | €357,002 | = |
| Capital10 | €146,301 | €146,301 | €186,117 | €357,002 | €357,002 | = |
| Issued capital100 | €146,301 | €146,301 | €186,117 | €357,002 | €357,002 | = |
| Outside capital11 | €995,469 | €995,469 | €4.6m | - | - | - |
| Share premium1100/10 | €995,469 | €995,469 | €4.6m | - | - | - |
| Reserves13 | €14,630 | €14,630 | €14,630 | €14,630 | €14,630 | = |
| Non-distributable reserves130/1 | €14,630 | €14,630 | €14,630 | €14,630 | €14,630 | = |
| Legal reserve130 | €14,630 | €14,630 | €14,630 | €14,630 | €14,630 | = |
| Profit (loss) carried forward14 | €2.1m | -€406,054 | -€2.4m | -€287 | -€1.6m | ▼ 546,252% |
| Amounts payable17/49 | €298,456 | €1.2m | €1.9m | €6.2m | €9.0m | ▲ 45.1% |
| Amounts payable after more than one year17 | - | €421,738 | €1.1m | €5.1m | €7.3m | ▲ 44.1% |
| Financial debts170/4 | - | €421,738 | €1.1m | €5.1m | €7.3m | ▲ 44.1% |
| Amounts payable within one year42/48 | €298,456 | €749,648 | €803,331 | €759,568 | €1.4m | ▲ 87.7% |
| Current portion of amounts payable after more than one year42 | - | €126,997 | €296,524 | €218,003 | €244,965 | ▲ 12.4% |
| Financial debts43 | - | - | €70,000 | - | - | - |
| Credit institutions430/8 | - | - | €70,000 | - | - | - |
| Trade debts44 | €139,007 | €420,302 | €226,411 | €333,447 | €301,590 | ▼ 9.6% |
| Suppliers440/4 | €139,007 | €420,302 | €226,411 | €333,447 | €301,590 | ▼ 9.6% |
| Taxes, remuneration and social security45 | €159,449 | €202,349 | €210,272 | €208,118 | €246,242 | ▲ 18.3% |
| Taxes450/3 | €616 | - | - | €26,005 | - | - |
| Remuneration and social security454/9 | €158,833 | €202,349 | €210,272 | €182,113 | €246,242 | ▲ 35.2% |
| Other amounts payable47/48 | - | - | €124 | - | €632,877 | - |
| Accrued charges and deferred income492/3 | - | - | - | €345,719 | €230,036 | ▼ 33.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €858,852 | -€2.6m | -€2.0m | -€2.1m | -€1.3m | ▲ 35.1% |
| + Depreciation and write-downs630 | €174,063 | €167,578 | €332,431 | €858,064 | €1.5m | ▲ 76.2% |
| Operating cash flow (approximation) | €1.0m | -€2.4m | -€1.7m | -€1.2m | €171,462 | ▲ 114% |
| Investment in fixed assets (approximation) | - | -€321,673 | -€2.7m | -€2.9m | -€3.1m | ▼ 6.2% |
| Change in cash | - | -€1.6m | -€64,777 | €446,346 | -€360,525 | ▼ 181% |
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
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
10-07
State Gazette act
Resignation: Louis Jonckheere (director)Appointment: Elie Boonefaes (director)3 facts ▸
State Gazette act
Resignation: Louis Jonckheere (director)
Appointment: Elie Boonefaes (director)3 facts ▸
- Board meeting, 21-01-2026
- Director resignation, Louis Jonckheere (director)
- Director appointment, Elie Boonefaes (director)
09-07
State Gazette act
Capital & shares · Statutes amendmentAuditor report · Capital increase · Capital6 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Auditor report · Capital increase · Capital6 facts ▸
- General meeting, 06-07-2026
- Auditor report, kapitaalverhoging in natura van schuldvorderingen onder converteerbare leningsovereenkomst, Norm inzake opdracht bedrijfsrevisor in kader inbreng in natura en q…
- Capital increase, €286.010,05
- Capital increase, €0,07
- Capital, €643.012,58
- Statutes amendment, 5
06-07
State Gazette act
Permanent representatives: Ellen De Winter and Emmanuel Ernotte3 facts ▸
State Gazette act
Permanent representatives: Ellen De Winter and Emmanuel Ernotte
3 facts ▸
- Permanent representative, Ellen De Winter (permanent representative)
- Permanent representative, Emmanuel Ernotte (permanent representative)
- Other statement, kantoor lasthebbers, Karel Oomsstraat 47A,2018 Antwerpen,België
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €2mEq €2.4m ▲225%
Equity rises from €750,346 to €2.4m.
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
2022
31-12
Financial
Weakest financial yearnet -€2.6m
Net result drops to -€2.6m, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
Show earlier events
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €1.4m ▲9,721%
Operating result €1.4m, net result €1.4m, both a record.
31-12
Financial
Liquidity times 8current ratio 10.47
Current ratio from 1.26 to 10.47; short-term debt falls from €837,957 to €177,534.
31-12
Financial
Equity above €2mEq €2.2m ▲183%
2 profitable years in a row build equity to €2.2m.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
3 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 3 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Elie Boonefaes
CurrentDirector · since 21-01-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
7 of this company's 10 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2015
Ground area
2.4 ha
Building footprint
2,699 m²
Parcel 11302A0095/00E008, Flanders. Linked by address, not a title deed.
177
companies at this address
See who is registered here
1 establishment unit
Byteflies
since 20152.243.219.525
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0095/00E008 | Flanders | 2.4 ha | 1 · 2,699 m² | - |
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.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Elie Boonefaes |
|
| Louis Jonckheere |
|
Articles of association
Other statement
One provision in the deed
Structure & network
Owners and holdings
1 ownerOwners 1
-
17.46%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Capital and shareholders
Capital over the years
- 09-07-2026 Capital increase of 286,010.05 EUR · to 643,012.51 EUR · 1,491,189 new shares · in kind
- 09-07-2026 Capital increase of 0.07 EUR · to 643,012.58 EUR · 106,681 new shares · in cash
Public money · subsidies and aid
Flemish government
2022 to 2025 · 20 entries · 1,277,184 EUR awarded · 975,395 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 9 | 2,292 EUR | 429,063 EUR |
| 2024 | 6 | 764,157 EUR | 137,482 EUR |
| 2023 | 4 | 507,217 EUR | 405,332 EUR |
| 2022 | 1 | 3,518 EUR | 3,518 EUR |
Schemes
Show 1 more
Federal government
2024 to 2025 · 2 entries · 1,173,542 EUR in total| Year | Department | Transactions | Amount |
|---|---|---|---|
| 2025 | FOD Economie | 1 | 821,479 EUR |
| 2024 | FOD Economie | 1 | 352,063 EUR |
Budget allocations
European Union, budget
2024 · 1 entry · 83,185 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2024 | 1 | 83,185 EUR |
Projects
PROCON - BOOSTING INNOVATION, ENTREPRENEURSHIP AND TRAINING FOR PROMOTING CONTINENCE IN NURSING HOMES.
European research
1 project · 199,915 EUR EU contributionProgrammes
Projects
Identifying Digital Endpoints to Assess FAtigue, Sleep and acTivities in daily living in Neurodegenerative disorders and Immune-mediated inflammatory diseases
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Identification & contact
Identification
Legal formPublic limited company
Founded17-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
72109Other research and development on natural sciences
61100Wired, wireless and satellite telecommunications
E-invoicing
Reachable via Peppol
Peppol ID
0208:0628669272
Also
9925:BE0628669272
Registered
23-04-2025
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.