DeFinIT Solutions
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 18-06-2026 at the NBB all 5 filings
Turnover
≈ €120,000
Estimated: probably between €87,000 and €150,000
Total assets
€135,752▲ 13.6%
2024 · €119,470
Net result
€30,154▼ 5.5%
2024 · €31,901
Working capital
€121,254▲ 43.6%
2024 · €84,444
Multi-year overview
2021 to 2025, 5 financial yearsOperating result
€43,748
▼ 5.7%
2025
20212025
Net result
€30,154
▼ 5.5%
2025
middle half of the sector
20212025
Equity
€128,689
▲ 30.6%
2025
middle half of the sector
20212025
Total assets
€135,752
▲ 13.6%
2025
middle half of the sector
20212025
Debt
€7,063
▼ 66.3%
2025
20212025
Working capital
€121,254
▲ 43.6%
2025
middle half of the sector
20212025
Solvency
94.8%
▲ 12.3pp
2025
highest quarter of the sector
20212025
Current ratio
18.17
▲ 11.82
2025
highest quarter of the sector
20212025
Return on assets (ROA)
22.2%
▼ 4.5pp
2025
middle half of the sector
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Operating result€31,248-€25,379▼ 18.8%€37,412▲ 47.4%€46,407▲ 24.0%€43,748▼ 5.7%
Net result€21,055within the sector's middle half-€15,627within the sector's middle half▼ 25.8%€24,952within the sector's middle half▲ 59.7%€31,901within the sector's middle half▲ 27.8%€30,154within the sector's middle half▼ 5.5%
Equity€26,055below the sector's middle half-€41,682within the sector's middle half▲ 60.0%€66,634within the sector's middle half▲ 59.9%€98,535within the sector's middle half▲ 47.9%€128,689within the sector's middle half▲ 30.6%
Total assets€77,366below the sector's middle half-€79,542below the sector's middle half▲ 2.8%€98,986within the sector's middle half▲ 24.4%€119,470within the sector's middle half▲ 20.7%€135,752within the sector's middle half▲ 13.6%
Debt€51,311-€37,861▼ 26.2%€32,352▼ 14.6%€20,936▼ 35.3%€7,063▼ 66.3%
Working capital€8,501within the sector's middle half-€22,885within the sector's middle half▲ 169%€50,250within the sector's middle half▲ 120%€84,444within the sector's middle half▲ 68.0%€121,254within the sector's middle half▲ 43.6%
Solvency33.7%within the sector's middle half-52.4%within the sector's middle half▲ 18.7pp67.3%within the sector's middle half▲ 14.9pp82.5%above the sector's middle half▲ 15.2pp94.8%above the sector's middle half▲ 12.3pp
Current ratio1.53within the sector's middle half-2.83within the sector's middle half▲ 1.303.95within the sector's middle half▲ 1.126.34above the sector's middle half▲ 2.4018.17above the sector's middle half▲ 11.82
Return on assets (ROA)27.2%above the sector's middle half-19.6%within the sector's middle half▼ 7.6pp25.2%within the sector's middle half▲ 5.6pp26.7%within the sector's middle half▲ 1.5pp22.2%within the sector's middle half▼ 4.5pp
above
within
below
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). 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 6% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €135,752
Fixed assets
€7,435 ▼ 61.3%
Current assets
€128,317 ▲ 28.0%
Equity and liabilities €135,752
Equity
€128,689 ▲ 30.6%
Debt
€7,063 ▼ 66.3%
Debt's share of the balance-sheet total falls from 17.5% to 5.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€56,282▼
2024 · €58,878
Cash flow
€42,688▼
2024 · €44,372
Debt to equity
0.05▼
2024 · 0.21
ROE
23.4%▼
2024 · 32.4%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€7,063▼
2024 · €15,801
Income taxes
€15,054▼
2024 · €15,183
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 | €59,044 | €3,314 | - | - | €743 |
| Depreciation and write-downs of the year | €6,179 | €12,010 | €12,472 | €12,472 | €12,533 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €544 | €2,325 | €2,171 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,179 | €12,010 | €12,472 | €12,472 | €12,533 | ▲ 0.5% |
| Other operating charges640/8 | €3,090 | €102 | €208 | €217 | €219 | ▲ 0.9% |
| Gross operating margin9900 | €41,062 | €39,816 | €52,263 | €59,095 | €56,501 | ▼ 4.4% |
| Operating profit (loss)9901 | €31,248 | €25,379 | €37,412 | €46,407 | €43,748 | ▼ 5.7% |
| Financial income75/76B | €140 | €149 | €555 | €1,049 | €1,711 | ▲ 63.1% |
| Recurring financial income75 | €140 | €149 | €555 | €1,049 | €1,711 | ▲ 63.1% |
| Financial charges65/66B | €285 | €559 | €492 | €371 | €251 | ▼ 32.5% |
| Recurring financial charges65 | €285 | €559 | €492 | €371 | €251 | ▼ 32.5% |
| Profit (loss) for the period before taxes9903 | €31,103 | €24,969 | €37,475 | €47,084 | €45,208 | ▼ 4.0% |
| Income taxes67/77 | €10,048 | €9,343 | €12,523 | €15,183 | €15,054 | ▼ 0.9% |
| Profit (loss) for the period9904 | €21,055 | €15,627 | €24,952 | €31,901 | €30,154 | ▼ 5.5% |
| Profit (loss) for the period to be appropriated9905 | €21,055 | €15,627 | €24,952 | €31,901 | €30,154 | ▼ 5.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €77,366 | €79,542 | €98,986 | €119,470 | €135,752 | ▲ 13.6% |
| Fixed assets21/28 | €52,864 | €44,169 | €31,697 | €19,226 | €7,435 | ▼ 61.3% |
| Tangible fixed assets22/27 | €52,864 | €44,169 | €31,697 | €19,226 | €7,435 | ▼ 61.3% |
| Furniture and vehicles24 | €52,864 | €44,169 | €31,697 | €19,226 | €7,435 | ▼ 61.3% |
| Current assets29/58 | €24,501 | €35,374 | €67,288 | €100,245 | €128,317 | ▲ 28.0% |
| Amounts receivable after more than one year29 | €7,140 | €20,839 | €35,191 | €70,720 | €100,000 | ▲ 41.4% |
| Trade receivables290 | €7,140 | €20,839 | €35,191 | €70,720 | €100,000 | ▲ 41.4% |
| Amounts receivable within one year40/41 | €14,003 | €12,132 | €16,104 | €14,857 | €16,650 | ▲ 12.1% |
| Trade receivables40 | €12,100 | €12,132 | €16,098 | €14,282 | €14,604 | ▲ 2.3% |
| Other amounts receivable41 | €1,903 | - | €6 | €575 | €2,046 | ▲ 256% |
| Cash at bank and in hand54/58 | €3,358 | €2,403 | €10,292 | €13,105 | €7,490 | ▼ 42.8% |
| Deferred charges and accrued income490/1 | - | - | €5,702 | €1,563 | €4,177 | ▲ 167% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €77,366 | €79,542 | €98,986 | €119,470 | €135,752 | ▲ 13.6% |
| Equity10/15 | €26,055 | €41,682 | €66,634 | €98,535 | €128,689 | ▲ 30.6% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €21,055 | €36,682 | €61,634 | €93,535 | €123,689 | ▲ 32.2% |
| Distributable reserves133 | €21,055 | €36,682 | €61,634 | €93,535 | €123,689 | ▲ 32.2% |
| Amounts payable17/49 | €51,311 | €37,861 | €32,352 | €20,936 | €7,063 | ▼ 66.3% |
| Amounts payable after more than one year17 | €35,311 | €25,372 | €15,314 | €5,135 | - | - |
| Financial debts170/4 | €35,311 | €25,372 | €15,314 | €5,135 | - | - |
| Amounts payable within one year42/48 | €16,000 | €12,489 | €17,038 | €15,801 | €7,063 | ▼ 55.3% |
| Current portion of amounts payable after more than one year42 | €9,822 | €9,939 | €10,058 | €10,179 | €5,135 | ▼ 49.6% |
| Trade debts44 | €1,130 | €331 | €1,536 | €1,248 | €245 | ▼ 80.4% |
| Suppliers440/4 | €1,130 | €331 | €1,536 | €1,248 | €245 | ▼ 80.4% |
| Taxes, remuneration and social security45 | €5,048 | €2,219 | €5,444 | €4,374 | €1,683 | ▼ 61.5% |
| Taxes450/3 | €5,048 | €2,219 | €5,444 | €4,374 | €1,683 | ▼ 61.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,055 | €15,627 | €24,952 | €31,901 | €30,154 | ▼ 5.5% |
| + Depreciation and write-downs630 | €6,179 | €12,010 | €12,472 | €12,472 | €12,533 | ▲ 0.5% |
| Operating cash flow (approximation) | €27,234 | €27,636 | €37,424 | €44,372 | €42,688 | ▼ 3.8% |
| Investment in fixed assets (approximation) | - | -€3,314 | €0 | €0 | -€743 | - |
| Change in cash | - | -€955 | €7,890 | €2,813 | -€5,615 | - |
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, 26,972 companies had the same profile as DeFinIT Solutions has now. Two years later, 94.9% were still going and 1.6% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
94.9%
was still going
3.4%
stopped otherwise
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of DeFinIT Solutions itself is lower: 0.1% within 12 months. It rests on far more data about DeFinIT Solutions than the profile alone.
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 26,972 companies, not a prediction for DeFinIT Solutions. 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 (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-06-2026 | 2026-00178381 | |
| 31-12-2024 | micro format | 24-06-2025 | 2025-00177064 | |
| 31-12-2023 | micro format | 19-07-2024 | 2024-00270402 | |
| 31-12-2022 | micro format | 20-06-2023 | 2023-00144951 | |
| 31-12-2021 | micro format | 21-06-2022 | 2022-20083627 |