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EITHICS

Active Private limited companyfounded 2019active for 7 yearsAvenue van de Walle 59, 1340 Ottignies-Louvain-la-NeuveKBO/BCE: BE 0727.495.149

Lifetime

6 annual accounts with figures on one time axis
peak €62,314 (2024)
€59,801▼ 4.0%
peak €46,164 (2024)
€44,644▼ 3.3%
peak €78,343 (2022)
€2,000▼ 97.2%
€142,786▲ 598%
Board2 names since 2019
1 directorBel Haj Ammar Safouane
Documentsfilings and deeds
27-02-202627 days late
2025micro format
Dividend €115,102Equity from €72,459 to €2,000Debts from €20,448 to €142,786

Key points

from the 2025 annual accounts

Equity

€2,000 from €78,343 in 2022

Equity fell by 97% in 3 years.

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Debts

€142,786 99% of the balance sheet
Suppliers 14%Taxes and wages 5%Other 81%

Liquidity

0.96 was 4.16 in 2024

Short-term debts rose from €20,448 to €142,786.

Filings

6 annual accounts 6 late
deadline202020222024

The 2020 accounts came latest: 28 days after the end of the period.

Position in the sector

1.4%

Lower solvency than 90% of companies in computer programming and consultancy. Sector median 60.0% · 21,217 companies.

Checked score

91
Excellent
Financially stronger than 29% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: 0.1%▲ +0.1 percentage points vs 01-2025 03-2025: < 0.1%▼ -0.1 percentage points vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: 0.1%▲ +0.1 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

26-74equity 1.4% of total assets
43-49short-term debt 98.6% · cash 34.0%
100=return on assets 30.8%

Score breakdown

raises risk
Equity €2,000 (1.4% of total assets)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €144,786
Liquidity: current ratio 0.96, cash €49,242
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 10% of them on solvency, 18% on liquidity, 82% on profitability and 4% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,153 companies had the same profile as EITHICS has now. Each dot stands for 6 companies, two years later.

96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

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

Test of the method

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.

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 2,153 companies, not a prediction for EITHICS. 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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Signals

Six signals.
lowers riskraises risk
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €144,786
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €2,000 (1.4% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.96, cash €49,242
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 21217 sector peers (2025).
NBB · sector comparison
Position among 21217 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
27 days late
2024
27 days late
2023
26 days late
2022
28 days late
2021
28 days late
2020
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 27 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 February (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BH
Bel Haj Ammar Safouane
Director
  • BEL HAJ AMMAR Safouene 100 sharesdeed of 28-05-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0727495149
Registered-office move General meeting of 30-04-2021 · Gazette deed
Incorporation Founding capital of €2,000, 100 shares · Founder: BEL HAJ AMMAR Safouene · Appointment: BEL HAJ AMMAR Safouene (director) · published on 28-05-2019 · Gazette deed
First establishment Avenue van de Walle 59, Ottignies-Louvain-la-Neuve
All 13 events

Comparable companies

same main activity, similar in size and age
Company
EITHICS Ottignies-Louvain-la-Neuve €144,786 €59,801 1.4% -
TOKONI Zwevegem €148,233 €59,893 56.1% -
Saptividade Keerbergen €147,085 €56,988 31.4% -
LUDEBO Mons €140,877 €58,421 37.7% -
IDEA4BUSINESS Wortegem-Petegem €144,014 €63,429 59.1% -
Datafever Vorselaar €150,236 €60,748 38.6% -
AZLO Evere €147,358 €59,048 12.6% -

These companies have the same main activity as EITHICS: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €141,000 and €150,000, founded between 2018 and 2019.

Official details

Source: KBO
Status
Active since 24-05-2019Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200
Establishment unit
2.290.002.2291340 Ottignies-Louvain-la-Neuve, since 24-05-2019
Financial year end
30 June
Peppol
Reachable since 04-12-2025
Company details

Annual accounts to 30-06-2025

€144,786▲ 55.8%
Filing
Filed on 27-02-2026
Financials

Insights on EITHICS

EITHICS files the micro format. That format states no turnover. The gross margin rose from €47,821 in 2020 to €59,801 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 EITHICS

What is the company number of EITHICS?
The company number of EITHICS is 0727.495.149. The VAT number is the same number with BE in front: BE 0727.495.149.
Where is EITHICS based?
The registered office is at Avenue van de Walle 59, 1340 Ottignies-Louvain-la-Neuve.Company details
What does EITHICS do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of EITHICS?
EITHICS is a private limited company (BV).
When was EITHICS founded?
EITHICS was founded on 24-05-2019.
Is EITHICS still active?
Yes, EITHICS is an active enterprise in the KBO register.
What is the turnover of EITHICS?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €59,801 and 60 comparable companies (NACE 62200). It probably lies between €100,000 and €150,000.Financials
Is EITHICS profitable?
In financial year 2025, EITHICS made a profit of €44,644.
Where can I find the annual accounts of EITHICS?
EITHICS filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of EITHICS due?
EITHICS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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