Equity
DO IT Services has made a profit in every financial year since 2018.
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In July 2024, 26,972 companies had the same profile as DO IT Services has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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 DO IT Services. 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.
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| Company | ||||
|---|---|---|---|---|
| DO IT Services Braine-l'Alleud | €303,108 | €48,797 | 97.6% | - |
| Th17 Ottignies-Louvain-la-Neuve | €301,068 | €52,048 | 28.9% | - |
| VOIPSWER Ypres | €301,661 | €49,242 | 42.6% | - |
| CO-CREATE Nazareth-De Pinte | €307,696 | €46,799 | 6.0% | - |
| Monomegistos Sint-Truiden | €295,337 | €52,108 | 85.4% | - |
| UPSTREAM DATA Antwerp | €281,699 | €45,886 | 98.7% | - |
| BITEC services Houthalen-Helchteren | €292,126 | €46,831 | 4.8% | - |
These companies have the same main activity as DO IT Services: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €282,000 and €308,000, founded between 2017 and 2018.
DO IT Services files the micro format. That format states no turnover. The gross margin fell from €69,856 in 2018 to €48,797 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.
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