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CommunIT

Active
Private limited companyfounded 2020active for 6 yearsJuliaan Dillensstraat 1, 2018 Antwerpen, BelgiumKBO/BCE: BE 0740.869.865

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 20-05-2026 PDF all 6 filings

Turnover
€155,313▼ 5.2%
2024 · €163,833
EBIT margin
33.1%▼ 9.5pp
2024 · 42.6%
Net result
€39,066▼ 21.3%
2024 · €49,650
Working capital
€40,938▼ 5.3%
2024 · €43,225
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result for 2025 is 26% lower than in 2024.

Turnover€155,313 2025 Operating result€51,373 2025 Net result€39,066 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Turnover€134,280€158,910▲ 18.3%€163,833▲ 3.1%€155,313▼ 5.2%
Operating result€36,771-€24,632▼ 33.0%€23,934▼ 2.8%€47,519▲ 98.5%€69,811▲ 46.9%€51,373▼ 26.4%
Net result€25,070within the sector's middle half-€16,890within the sector's middle half▼ 32.6%€20,076within the sector's middle half▲ 18.9%€36,753within the sector's middle half▲ 83.1%€49,650within the sector's middle half▲ 35.1%€39,066within the sector's middle half▼ 21.3%
EBIT margin17.8%29.9%▲ 12.1pp42.6%▲ 12.7pp33.1%▼ 9.5pp
Equity€27,270within the sector's middle half-€43,360within the sector's middle half▲ 59.0%€43,360within the sector's middle half=€43,360within the sector's middle half=€43,360within the sector's middle half=€43,360within the sector's middle half=
Total assets€42,263below the sector's middle half-€69,672below the sector's middle half▲ 64.9%€89,431within the sector's middle half▲ 28.4%€101,973within the sector's middle half▲ 14.0%€115,092within the sector's middle half▲ 12.9%€104,355within the sector's middle half▼ 9.3%
Debt€14,993-€26,312▲ 75.5%€46,071▲ 75.1%€58,613▲ 27.2%€71,732▲ 22.4%€60,995▼ 15.0%
Working capital€28,225within the sector's middle half-€45,186within the sector's middle half▲ 60.1%€42,536within the sector's middle half▼ 5.9%€42,880within the sector's middle half▲ 0.8%€43,225within the sector's middle half▲ 0.8%€40,938within the sector's middle half▼ 5.3%
Solvency64.5%within the sector's middle half-62.2%within the sector's middle half▼ 2.3pp48.5%within the sector's middle half▼ 13.7pp42.5%within the sector's middle half▼ 6.0pp37.7%within the sector's middle half▼ 4.8pp41.6%within the sector's middle half▲ 3.9pp
Current ratio3.25within the sector's middle half-2.94within the sector's middle half▼ 0.321.92within the sector's middle half▼ 1.011.73within the sector's middle half▼ 0.191.60within the sector's middle half▼ 0.131.67within the sector's middle half▲ 0.07
Return on assets (ROA)59.3%above the sector's middle half-24.2%within the sector's middle half▼ 35.1pp22.4%within the sector's middle half▼ 1.8pp36.0%above the sector's middle half▲ 13.6pp43.1%above the sector's middle half▲ 7.1pp37.4%above the sector's middle half▼ 5.7pp
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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €104,355
Fixed assets €2,422 ▲ 18×
Current assets €101,933 ▼ 11.3%
Equity and liabilities €104,355
Equity €43,360 =
Debt €60,995 ▼ 15.0%
Debt's share of the balance-sheet total falls from 62.3% to 58.4%. Debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€52,060▼
2024 · €70,155
Cash flow
€39,754▼
2024 · €49,995
Debt to equity
1.41▼
2024 · 1.65
ROE
90.1%▼
2024 · 114.5%
Interest coverage
34.86▼
2024 · over 100
Debt ≤ 1 year
€60,995▼
2024 · €71,732
Income taxes
€11,102▼
2024 · €20,681
Customer credit
83 days▲
2024 · 75 days
Supplier credit
9 days▲
2024 · 3 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as CommunIT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €93,100 and €119,000, founded between 2019 and 2020.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
CommunIT Antwerpen2020€104,355€43,360€52,941€155,313€39,0662025
KOERRIE Antwerpen2019€97,998€11,541€52,316-€37,1542025
Viccas Lint2019€97,835€6,709€53,477-€31,7092025
OFAMCO Berlaar2019€107,061€49,641€48,442-€25,2882025
OLIFLUOUS Berlaar2019€119,194€59,906€53,486-€28,6422025
JoJo IT Boom2020€111,157€58,546€46,962-€22,7842025
MADEBIT Schilde2019€93,080€34,895€48,461-€32,8952025

They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 26,972 companies had the same profile as CommunIT has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of CommunIT itself is lower: < 0.1% within 12 months. It rests on far more data about CommunIT than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 CommunIT. 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.

Subsidies and aid

Flemish government

2023 to 2025 · 3 entries · €1,252 awarded · €1,012 paid
Year Entries AwardedPaid
2025 1 €892€892
2024 1 €240€0
2023 1 €120€120
Schemes
3 entries · €1,252 · €1,012 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines

Source: Annual accounts 2025 (PDF), filed on 20-05-2026.

Balance sheet Code20242025
Assets
Total assets20/58€115,092€104,355▼
Fixed assets21/28€135€2,422▲
Tangible fixed assets22/27€135€2,422▲
Furniture and vehicles24€135€2,422▲
Current assets29/58€114,956€101,933▼
Amounts receivable within one year40/41€33,860€36,089▲
Trade receivables40€33,860€35,155▲
Other amounts receivable41-€934
Cash at bank and in hand54/58€81,096€56,314▼
Deferred charges and accrued income490/1-€9,529
Equity and liabilities
Total equity and liabilities10/49€115,092€104,355▼
Equity10/15€43,360€43,360=
Contributions10/11€3,000€3,000=
Reserves13€40,360€40,360=
Distributable reserves133€40,360€40,360=
Amounts payable17/49€71,732€60,995▼
Amounts payable within one year42/48€71,732€60,995▼
Trade debts44€816€2,915▲
Suppliers440/4€816€2,915▲
Taxes, remuneration and social security45€20,554€22,093▲
Taxes450/3€20,554€22,093▲
Other amounts payable47/48€50,363€35,988▼
Income statement Code20242025
Turnover70€163,833€155,313▼
Non-recurring operating income76A€3,725€20,553▲
Goods, raw materials, services and sundry goods60/61€94,472€122,925▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€344€687▲
Other operating charges640/8€931€881▼
Gross operating margin9900€71,086€52,941▼
Operating profit (loss)9901€69,811€51,373▼
Financial income75/76B€787€289▼
Recurring financial income75€787€289▼
Financial charges65/66B€267€1,493▲
Recurring financial charges65€267€1,493▲
Profit (loss) for the period before taxes9903€70,331€50,169▼
Income taxes67/77€20,681€11,102▼
Profit (loss) for the period9904€49,650€39,066▼
Profit (loss) for the period to be appropriated9905€49,650€39,066▼
Appropriation of the result
Profit (loss) to be appropriated9906€49,650€39,066▼
Profit to be distributed694/7€49,650€39,066▼
Return on contributions (dividend)694€49,650€39,066▼

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line202020212022202320242025Change
Turnover70--€134,280€158,910€163,833€155,313▼ 5.2%
Non-recurring operating income76A---€3,681€3,725€20,553▲ 452%
Goods, raw materials, services and sundry goods60/61--€108,585€113,934€94,472€122,925▲ 30.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€209€344€344€344€344€687▲ 99.6%
Other operating charges640/8-€421€1,118€794€931€881▼ 5.4%
Gross operating margin9900€37,220€25,397€25,397€48,657€71,086€52,941▼ 25.5%
Operating profit (loss)9901€36,771€24,632€23,934€47,519€69,811€51,373▼ 26.4%
Financial income75/76B--€2,758€189€787€289▼ 63.3%
Recurring financial income75--€2,758€189€787€289▼ 63.3%
Non-recurring financial income76B--€2,758----
Financial charges65/66B-€740€347€298€267€1,493▲ 460%
Recurring financial charges65€747€740€347€298€267€1,493▲ 460%
Profit (loss) for the period before taxes9903€36,024€23,892€26,346€47,410€70,331€50,169▼ 28.7%
Income taxes67/77€10,954€7,002€6,270€10,657€20,681€11,102▼ 46.3%
Profit (loss) for the period9904€25,070€16,890€20,076€36,753€49,650€39,066▼ 21.3%
Profit (loss) for the period to be appropriated9905€25,070€16,890€20,076€36,753€49,650€39,066▼ 21.3%
Line202020212022202320242025Change
Assets
Total assets20/58€42,263€69,672€89,431€101,973€115,092€104,355▼ 9.3%
Fixed assets21/28€1,513€1,168€824€480€135€2,422▲ 18×
Tangible fixed assets22/27€1,513€1,168€824€480€135€2,422▲ 18×
Furniture and vehicles24-€1,168€824€480€135€2,422▲ 18×
Current assets29/58€40,751€68,504€88,607€101,493€114,956€101,933▼ 11.3%
Amounts receivable within one year40/41€13,608€15,951€13,371€25,375€33,860€36,089▲ 6.6%
Trade receivables40-€14,714€13,371€12,896€33,860€35,155▲ 3.8%
Other amounts receivable41-€1,237-€12,480-€934-
Current investments50/53---€26,000---
Cash at bank and in hand54/58€27,142€52,553€73,236€50,118€81,096€56,314▼ 30.6%
Deferred charges and accrued income490/1--€2,000--€9,529-
Equity and liabilities
Total equity and liabilities10/49€42,263€69,672€89,431€101,973€115,092€104,355▼ 9.3%
Equity10/15€27,270€43,360€43,360€43,360€43,360€43,360=
Contributions10/11-€3,000€3,000€3,000€3,000€3,000=
Reserves13€24,270€40,360€40,360€40,360€40,360€40,360=
Distributable reserves133-€40,360€40,360€40,360€40,360€40,360=
Amounts payable17/49€14,993€26,312€46,071€58,613€71,732€60,995▼ 15.0%
Amounts payable within one year42/48€12,525€23,318€46,071€58,613€71,732€60,995▼ 15.0%
Trade debts44€110€452€994€2,820€816€2,915▲ 257%
Suppliers440/4-€452€994€2,820€816€2,915▲ 257%
Taxes, remuneration and social security45-€22,066€24,346€19,839€20,554€22,093▲ 7.5%
Taxes450/3-€22,066€24,346€19,839€20,554€22,093▲ 7.5%
Other amounts payable47/48-€800€20,731€35,953€50,363€35,988▼ 28.5%
Accrued charges and deferred income492/3-€2,994-----
Line202020212022202320242025Change
Profit (loss) for the period9904€25,070€16,890€20,076€36,753€49,650€39,066▼ 21.3%
+ Depreciation and write-downs630€209€344€344€344€344€687▲ 99.6%
Operating cash flow (approximation)€25,279€17,234€20,420€37,097€49,995€39,754▼ 20.5%
Investment in fixed assets (approximation)-€0€0€0€0-€2,974-
Change in cash-€25,411€20,683-€23,118€30,978-€24,782-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-12-2025 micro format 20-05-2026 2026-00115186 PDF
31-12-2024 micro format 02-07-2025 2025-00221613 PDF
31-12-2023 micro format 09-07-2024 2024-00251890 PDF
31-12-2022 micro format 25-07-2023 2023-00286405 PDF
31-12-2021 micro format 04-07-2022 2022-20124415 PDF
31-12-2020 micro format 29-06-2021 2021-27900239 PDF

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