CATCH-IT
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 01-06-2026 PDF all 10 filings
Turnover
€142,161
EBIT margin
33.2%
Net result
€81,776▲ 7.5%
2024 · €76,076
Working capital
€52,462▲ 13.7%
2024 · €46,137
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
no figure
2025
20182025
Operating result
€99,160
▲ 1.0%
2025
20182025
Net result
€81,776
▲ 7.5%
2025
highest quarter of the sector
20182025
EBIT margin
no figure
2025
20182025
Equity
€54,871
▲ 3.3%
2025
middle half of the sector
20182025
Total assets
€161,762
▲ 16.4%
2025
middle half of the sector
20182025
Debt
€106,891
▲ 24.5%
2025
20182025
Working capital
€52,462
▲ 13.7%
2025
middle half of the sector
20182025
Solvency
33.9%
▼ 4.3pp
2025
middle half of the sector
20182025
Current ratio
1.49
▼ 0.06
2025
middle half of the sector
20182025
Return on assets (ROA)
50.6%
▼ 4.2pp
2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€142,161
Operating result€73,054-€66,173▼ 9.4%€48,512▼ 26.7%€47,254▼ 2.6%€32,976▼ 30.2%€54,727▲ 66.0%€98,215▲ 79.5%€99,160▲ 1.0%
Net result€57,763-€52,080▼ 9.8%€42,476above the sector's middle half▼ 18.4%€38,780within the sector's middle half▼ 8.7%€22,126within the sector's middle half▼ 42.9%€36,038within the sector's middle half▲ 62.9%€76,076above the sector's middle half▲ 111%€81,776above the sector's middle half▲ 7.5%
EBIT margin33.2%
Equity€131,517-€117,597▼ 10.6%€90,074within the sector's middle half▼ 23.4%€72,854within the sector's middle half▼ 19.1%€60,981within the sector's middle half▼ 16.3%€47,019within the sector's middle half▼ 22.9%€53,094within the sector's middle half▲ 12.9%€54,871within the sector's middle half▲ 3.3%
Total assets€161,586-€192,716▲ 19.3%€161,364within the sector's middle half▼ 16.3%€154,333within the sector's middle half▼ 4.4%€123,285within the sector's middle half▼ 20.1%€119,059within the sector's middle half▼ 3.4%€138,950within the sector's middle half▲ 16.7%€161,762within the sector's middle half▲ 16.4%
Debt€30,069-€75,119▲ 150%€71,290▼ 5.1%€81,479▲ 14.3%€62,304▼ 23.5%€72,041▲ 15.6%€85,856▲ 19.2%€106,891▲ 24.5%
Working capital€122,526-€111,964▼ 8.6%€88,065within the sector's middle half▼ 21.3%€63,890within the sector's middle half▼ 27.5%€51,145within the sector's middle half▼ 19.9%€38,199within the sector's middle half▼ 25.3%€46,137within the sector's middle half▲ 20.8%€52,462within the sector's middle half▲ 13.7%
Solvency81.4%-61.0%▼ 20.4pp55.8%within the sector's middle half▼ 5.2pp47.2%within the sector's middle half▼ 8.6pp49.5%within the sector's middle half▲ 2.3pp39.5%within the sector's middle half▼ 10.0pp38.2%within the sector's middle half▼ 1.3pp33.9%within the sector's middle half▼ 4.3pp
Current ratio5.68-2.53▼ 3.162.24within the sector's middle half▼ 0.292.02within the sector's middle half▼ 0.222.04within the sector's middle half▲ 0.031.60within the sector's middle half▼ 0.451.55within the sector's middle half▼ 0.041.49within the sector's middle half▼ 0.06
Return on assets (ROA)35.7%-27.0%▼ 8.7pp26.3%within the sector's middle half▼ 0.7pp25.1%within the sector's middle half▼ 1.2pp17.9%within the sector's middle half▼ 7.2pp30.3%within the sector's middle half▲ 12.3pp54.8%above the sector's middle half▲ 24.5pp50.6%above the sector's middle half▼ 4.2pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 1% higher than in 2024 and the highest since 2021. It is the third rise in a row, after the fall in 2022.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €161,762
Fixed assets
€2,408 ▼ 74.1%
Current assets
€159,353 ▲ 22.9%
Equity and liabilities €161,762
Equity
€54,871 ▲ 3.3%
Debt
€106,891 ▲ 24.5%
Debt's share of the balance-sheet total rises from 61.8% to 66.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€106,044▲
2024 · €105,617
Cash flow
€88,660▲
2024 · €83,478
Debt to equity
1.95▲
2024 · 1.62
ROE
149.0%▲
2024 · 143.3%
Interest coverage
50.49▼
2024 · 62.42
Debt ≤ 1 year
€106,891▲
2024 · €83,521
Income taxes
€31,279▲
2024 · €26,928
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €30,408 | €2,879 | €1,104 | - | - |
| Depreciation and write-downs of the year | €4,760 | €7,373 | €7,572 | €7,402 | €6,884 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €142,161 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €89,186 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,179 | €6,377 | €6,635 | €4,760 | €7,373 | €7,572 | €7,402 | €6,884 | ▼ 7.0% |
| Other operating charges640/8 | - | - | - | €962 | €916 | €751 | €774 | €797 | ▲ 3.0% |
| Gross operating margin9900 | €79,724 | €73,194 | €55,780 | €52,976 | €41,264 | €63,049 | €106,391 | €106,841 | ▲ 0.4% |
| Operating profit (loss)9901 | €73,054 | €66,173 | €48,512 | €47,254 | €32,976 | €54,727 | €98,215 | €99,160 | ▲ 1.0% |
| Financial income75/76B | - | - | - | €6,796 | €5,259 | €881 | €6,480 | €15,995 | ▲ 147% |
| Recurring financial income75 | €3,029 | €5,891 | €17,126 | €6,796 | €5,259 | €881 | €6,480 | €15,995 | ▲ 147% |
| Financial charges65/66B | - | - | - | €4,830 | €5,580 | €383 | €1,692 | €2,100 | ▲ 24.1% |
| Recurring financial charges65 | €2,392 | €4,938 | €9,653 | €4,830 | €5,580 | €383 | €1,692 | €2,100 | ▲ 24.1% |
| Profit (loss) for the period before taxes9903 | €73,691 | €67,126 | €55,985 | €49,220 | €32,655 | €55,225 | €103,003 | €113,055 | ▲ 9.8% |
| Income taxes67/77 | €15,928 | €15,046 | €13,509 | €10,440 | €10,529 | €19,187 | €26,928 | €31,279 | ▲ 16.2% |
| Profit (loss) for the period9904 | €57,763 | €52,080 | €42,476 | €38,780 | €22,126 | €36,038 | €76,076 | €81,776 | ▲ 7.5% |
| Profit (loss) for the period to be appropriated9905 | €57,763 | €52,080 | €42,476 | €38,780 | €22,126 | €36,038 | €76,076 | €81,776 | ▲ 7.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €161,586 | €192,716 | €161,364 | €154,333 | €123,285 | €119,059 | €138,950 | €161,762 | ▲ 16.4% |
| Fixed assets21/28 | €12,903 | €7,516 | €2,009 | €27,656 | €23,162 | €16,694 | €9,292 | €2,408 | ▼ 74.1% |
| Tangible fixed assets22/27 | €12,903 | €7,516 | €2,009 | €27,656 | €23,162 | €16,694 | €9,292 | €2,408 | ▼ 74.1% |
| Plant, machinery and equipment23 | - | - | - | €1,412 | €2,963 | €2,540 | €1,182 | €344 | ▼ 70.9% |
| Furniture and vehicles24 | - | - | - | €26,244 | €20,199 | €14,155 | €8,110 | €2,065 | ▼ 74.5% |
| Current assets29/58 | €148,683 | €185,200 | €159,355 | €126,677 | €100,122 | €102,365 | €129,658 | €159,353 | ▲ 22.9% |
| Amounts receivable after more than one year29 | - | - | - | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Other amounts receivable291 | - | - | - | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Amounts receivable within one year40/41 | €15,174 | €18,403 | €10,952 | €14,059 | €13,059 | €11,144 | €4,232 | €4,368 | ▲ 3.2% |
| Trade receivables40 | - | - | - | €9,000 | €8,008 | €10,720 | - | €60 | - |
| Other amounts receivable41 | - | - | - | €5,059 | €5,051 | €424 | €4,232 | €4,308 | ▲ 1.8% |
| Current investments50/53 | €59,501 | €58,551 | €43,329 | €32,764 | €28,723 | €37,624 | €68,549 | €98,775 | ▲ 44.1% |
| Cash at bank and in hand54/58 | €22,840 | €57,054 | €54,508 | €28,512 | €7,076 | €2,646 | €5,425 | €5,592 | ▲ 3.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,342 | €1,264 | €950 | €1,452 | €617 | ▼ 57.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €161,586 | €192,716 | €161,364 | €154,333 | €123,285 | €119,059 | €138,950 | €161,762 | ▲ 16.4% |
| Equity10/15 | €131,517 | €117,597 | €90,074 | €72,854 | €60,981 | €47,019 | €53,094 | €54,871 | ▲ 3.3% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €63,860 | €63,860 | €63,860 | €35,860 | €1,860 | €11,860 | €11,860 | €11,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €34,000 | - | €11,860 | €11,860 | €11,860 | = |
| Profit (loss) carried forward14 | €49,057 | €35,137 | €7,614 | €18,394 | €40,521 | €16,559 | €22,634 | €24,411 | ▲ 7.8% |
| Amounts payable17/49 | €30,069 | €75,119 | €71,290 | €81,479 | €62,304 | €72,041 | €85,856 | €106,891 | ▲ 24.5% |
| Amounts payable after more than one year17 | €3,912 | €1,883 | - | €18,692 | €13,327 | €7,875 | €2,335 | - | - |
| Financial debts170/4 | - | - | - | €18,692 | €13,327 | €7,875 | €2,335 | - | - |
| Amounts payable within one year42/48 | €26,157 | €73,236 | €71,290 | €62,787 | €48,978 | €64,166 | €83,521 | €106,891 | ▲ 28.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,280 | €5,365 | €5,451 | €5,540 | €2,335 | ▼ 57.9% |
| Trade debts44 | €360 | €1,250 | €468 | €552 | €366 | €163 | €866 | €556 | ▼ 35.8% |
| Suppliers440/4 | - | - | - | €552 | €366 | €163 | €866 | €556 | ▼ 35.8% |
| Taxes, remuneration and social security45 | - | - | - | €860 | €1,365 | €7,878 | €160 | €22,769 | ▲ 142× |
| Taxes450/3 | - | - | - | €860 | €1,365 | €7,878 | €160 | €22,769 | ▲ 142× |
| Remuneration and social security454/9 | - | - | - | - | €0 | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €56,095 | €41,882 | €50,673 | €76,955 | €81,231 | ▲ 5.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57,763 | €52,080 | €42,476 | €38,780 | €22,126 | €36,038 | €76,076 | €81,776 | ▲ 7.5% |
| + Depreciation and write-downs630 | €6,179 | €6,377 | €6,635 | €4,760 | €7,373 | €7,572 | €7,402 | €6,884 | ▼ 7.0% |
| Operating cash flow (approximation) | €63,942 | €58,457 | €49,111 | €43,541 | €29,499 | €43,610 | €83,478 | €88,660 | ▲ 6.2% |
| Investment in fixed assets (approximation) | - | -€990 | -€1,127 | -€30,408 | -€2,879 | -€1,104 | €0 | €0 | - |
| Change in cash | - | €34,214 | -€2,546 | -€25,997 | -€21,435 | -€4,430 | €2,779 | €167 | ▼ 94.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as CATCH-IT has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.3%
was still going
3.9%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of CATCH-IT itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 34,693 companies, not a prediction for CATCH-IT. 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.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-06-2026 | 2026-00128982 | |
| 31-12-2024 | micro format | 27-06-2025 | 2025-00185884 | |
| 31-12-2023 | micro format | 25-06-2024 | 2024-00158897 | |
| 31-12-2022 | micro format | 19-06-2023 | 2023-00134538 | |
| 31-12-2021 | micro format | 01-07-2022 | 2022-20117556 | |
| 31-12-2020 | micro format | 30-06-2021 | 2021-28500128 | |
| 31-12-2019 | micro format | 10-07-2020 | 2020-28500579 | |
| 31-12-2018 | micro format | 15-07-2019 | 2019-33000442 | |
| 31-12-2017 | micro format | 03-07-2018 | 2018-28500438 | |
| 31-12-2016 | micro format | 10-08-2017 | 2017-42900566 |