Equity
€18,600 from €99,390 in 2022
Equity fell by 81% in 3 years.
Define IT
Lifetime
9 annual accounts with figures on one time axispeak €110,233 (2025)
€110,233▲ 394%
lowest -€23,091 (2023)
€52,916▲ 1,081×
peak €99,390 (2022)
€18,600▲ €23,042
€117,635▲ 112%
Board3 names since 2016
3 directors and 2 others
Documentsfilings and deeds
26-05-202666 days before the deadline
2025micro format
Gross margin from €22,300 to €110,233Result from €49 to €52,916Dividend €29,874Equity from -€4,442 to €18,600Debts from €55,596 to €117,635Cash from €13,574 to €98,287
Key points
from the 2025 annual accountsResult
€52,916 ▲ 1,081×
The result rose in 2025 from €49 to €52,916.
Turnover
≈ €160,000 estimated
The micro format states no turnover.
Debts
€117,635 86% of the balance sheet
Financial debts 2%Suppliers 5%Taxes and wages 3%Other 90%
Of this, €114,568 falls due within a year.
Filings
9 annual accounts since 2017
The last five annual accounts were filed 6 to 67 days before the end of the period.
Position in the sector
13.7%
Lower solvency than 82% of companies in computer programming and consultancy. Sector median 59.9% · 22,044 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,052 companies had the same profile as Define IT has now. Each dot stands for 13 companies, two years later.
95.8%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,052 companies, not a prediction for Define 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 08-01-2020
Director, since 08-01-2020
Director
- 186 sharesdeed of 12-05-2016
Recent changes
Changes of role: (director) and (director)
Director discharge: · Director discharge: · Gazette deed
Appointment: (director)
General meeting of 08-01-2020 · Gazette deed
Registered office moved from Leuven to Kessel-Lo
New registered office: Raadhuislaan 5, 3010 Kessel-Lo · Previous registered office: Tervuursestraat 17 Bus 202, 3000 Leuven · Board meeting of 01-10-2017 · Gazette deed
First establishment
Raadhuislaan 5, Leuven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Define IT Leuven | €136,235 | €110,233 | 13.7% | - |
| Artificial Motions Zemst | €133,655 | €114,709 | 75.5% | - |
| RAVERA CONSULT Meise | €135,551 | €108,725 | 20.5% | - |
| PHI ECKER Grimbergen | €121,069 | €104,055 | 87.3% | - |
| Evelien Caimo Consulting Grimbergen | €110,278 | €103,703 | 18.5% | - |
| Vigo Creative Namur | €128,792 | €100,447 | 20.4% | - |
| Double Rainbow Grez-Doiceau | €137,383 | €96,164 | 45.1% | - |
These companies have the same main activity as Define IT: computer programming (NACE 62100). They are comparable in size and age: total assets between €110,000 and €137,000, founded between 2016 and 2017.
Official details
Source: KBO- Status
- Active since 10-05-2016Normal situation
- Activity
- Computer programmingNACE 62100and 2 others
- Establishment unit
- 2.252.929.4233010 Leuven, since 19-05-2016
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €136,235▲ 166%
- Filing
- Filed on 26-05-2026, 66 days before the end of the filing period
Insights on Define IT
Define IT files the micro format. That format states no turnover. The gross margin rose from €5,665 in 2017 to €110,233 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Define IT
- What is the company number of Define IT?
- The company number of Define IT is 0653.896.301. The VAT number is the same number with BE in front: BE 0653.896.301.
- Where is Define IT based?
- The registered office is at Raadhuislaan 5, 3010 Leuven.Company details
- What does Define IT do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Define IT?
- Define IT is a private limited company (BV).
- When was Define IT founded?
- Define IT was founded on 10-05-2016.
- Is Define IT still active?
- Yes, Define IT is an active enterprise in the KBO register.
- What is the turnover of Define IT?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €110,233 and 32 comparable companies (NACE 62100). It probably lies between €140,000 and €230,000.Financials
- Is Define IT profitable?
- In financial year 2025, Define IT made a profit of €52,916.
- Where can I find the annual accounts of Define IT?
- Define IT filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Define IT due?
- Define IT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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