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FASE IT

Active
Private limited company (pre-2019)founded 199926 yrs activeStatiestraat 8, 9260 Wichelen, BelgiumKBO/BCE: BE 0468.093.492

FASE IT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €753k and a net result of €32k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
94 / 100
Excellent▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability21▲+2
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 64.79 against 63.35 in 2023), and 0.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
99.1%
Return on assets
4.2%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
622 d late
2022
153 d late
2021
153 d late
2020
31 d late
2019
92 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€753k▲ 4.4%
2023 · €721k
2018: €598k 2019: €615k 2020: €635k 2021: €662k 2022: €693k 2023: €721k
2018 → 2024
Total assets
€760k▲ 4.5%
2023 · €728k
2018: €749k 2019: €728k 2020: €721k 2021: €727k 2022: €734k 2023: €728k
2018 → 2024
Net result
€32k▲ 15.6%
2023 · €28k
2018: €37k 2019: €17k 2020: €20k 2021: €27k 2022: €31k 2023: €28k
2018 → 2024
Working capital
€461k▲ 10.0%
2023 · €419k
2018: €384k 2019: €380k 2020: €376k 2021: €384k 2022: €381k 2023: €419k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€635k-€662k▲ 4.3%€693k▲ 4.7%€721k▲ 4.0%€753k▲ 4.4%
Operating result€20k-€28k▲ 42.0%€35k▲ 25.3%€31k▼ 13.2%€36k▲ 15.9%
Net result€20k-€27k▲ 32.2%€31k▲ 14.0%€28k▼ 10.6%€32k▲ 15.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30k€40kOperating result 2020: €20k€20kNet result 2020: €20k€20kOperating result 2021: €28k€28kNet result 2021: €27k€27kOperating result 2022: €35k€35kNet result 2022: €31k€31kOperating result 2023: €31k€31kNet result 2023: €28k€28kOperating result 2024: €36k€36kNet result 2024: €32k€32k20202021202220232024
The operating result recovers in 2024; 2024 is 16% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €760k
Fixed assets €292k▼ 3.2%
Current assets €468k▲ 9.9%
Equity and liabilities €760k
Equity €753k▲ 4.4%
Debt €7k▲ 7.5%
The debt ratio stays at 0.9%.
Key figures and ratios
2024 value · change against 2023
EBITDA
€45k
2023 · €41k
Cash flow
€42k
2023 · €37k
Solvency
99.1%=
2023 · 99.1%
Current ratio
64.79
2023 · 63.35
Quick ratio
64.79
2023 · 63.35
Debt / equity
0.01
2023 · 0.01
ROE
4.2%
2023 · 3.8%
ROA
4.2%
2023 · 3.8%
Interest coverage
342.21
2023 · 46.52
Debt
€7k
2023 · €7k
Debt ≤ 1 year
€7k
2023 · €7k
Income taxes
€15k
2023 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€728k€760k
Fixed assets21/28€302k€292k
Tangible fixed assets22/27€302k€292k
Land and buildings22€291k€284k
Furniture and vehicles24€11k€8k
Current assets29/58€426k€468k
Amounts receivable after more than one year29€345k€345k=
Other amounts receivable291€345k€345k=
Amounts receivable within one year40/41€22k€31k
Trade receivables40€11k€5k
Other amounts receivable41€10k€25k
Cash at bank and in hand54/58€58k€90k
Deferred charges and accrued income490/1€1k€2k
Equity and liabilities
Total equity and liabilities10/49€728k€760k
Equity10/15€721k€753k
Contributions10/11€440k€440k=
Reserves13€281k€313k
Non-distributable reserves130/1€44k€44k=
Reserves not available under the articles1311€44k€44k=
Distributable reserves133€237k€269k
Amounts payable17/49€7k€7k
Amounts payable within one year42/48€7k€7k
Trade debts44€1k€1k=
Suppliers440/4€1k€1k=
Taxes, remuneration and social security45€6k€6k
Taxes450/3€5k€5k
Remuneration and social security454/9€684€684=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€1k€1k
Gross operating margin9900€42k€47k
Operating profit (loss)9901€31k€36k
Financial income75/76B€11k€11k
Recurring financial income75€11k€11k
Financial charges65/66B€872€133
Recurring financial charges65€872€133
Profit (loss) for the period before taxes9903€40k€47k
Income taxes67/77€13k€15k
Profit (loss) for the period9904€28k€32k
Profit (loss) for the period to be appropriated9905€28k€32k
Appropriation of the result
Profit (loss) to be appropriated9906€28k€32k
Transfer to equity691/2€28k€32k
To other reserves6921€28k€32k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
14-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 622 days late
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2023
31-12
Financial Liquidity times 6current ratio 63.35
Current ratio from 10.30 to 63.35; short-term debt falls from €41k to €7k.
31-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
31-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial Weakest financial yearnet €17k ▼54.1%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
30-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 426 days late
2016
31-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 153 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wichelen · 1 establishment unit since 2000
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Statiestraat 89260 Wichelen
Ground area
565 m²
Building footprint
211 m²
Volume, LiDAR
1,047 m³
Parcel 42026A0693/00M000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FASE IT
Statiestraat 8, 9260 WichelenScientific research and development
since 20002.093.598.708
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42026A0693/00M000 Flanders 565 m² 1 · 211 m² 9.1 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,885 companies in sector 62200 we hold annual accounts for 18,321. 9,984 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded08-12-1999
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
46500Wholesale of information and communication equipment
46660Wholesale trade
47400Retail sale of information and communication equipment
47410Retail trade
51850
52487
62900Other information technology and computer services
72600
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.