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FiftyThree IT

Active
Private limited company (pre-2019)founded 201610 yrs activeSpeltkorenstraat 19, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0653.812.959

FiftyThree IT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €29k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 34% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
53 / 100
Fair▼ -30 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency26▼-21
Growth58=
Stability100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.87 against 1.05 in 2024), and 78.6% 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 risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
21.4%
Return on assets
29.9%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 15-12-2025, 136 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
136 d early
2024
93 d early
2023
71 d early
2022
46 d early
2021
67 d early
2020
64 d early
2019
30 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
12-09-2026 today30-09-2026 close30-04-2027 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 2025, micro schema

Equity
€20k▼ 49.2%
2024 · €40k
2018: €64k 2019: €88k 2020: €52k 2021: €60k 2022: €74k 2023: €75k 2024: €40k
2018 → 2025
Total assets
€96k▼ 30.0%
2024 · €137k
2018: €116k 2019: €126k 2020: €77k 2021: €91k 2022: €159k 2023: €144k 2024: €137k
2018 → 2025
Net result
€29k▲ 10.2%
2024 · €26k
2018: €18k 2019: €22k 2020: €24k 2021: €22k 2022: €14k 2023: €942 2024: €26k
2018 → 2025
Working capital
€-10k
2024 · €4k
2018: €52k 2019: €77k 2020: €43k 2021: €58k 2022: €46k 2023: €39k 2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€60k-€74k▲ 23.9%€75k▲ 1.3%€40k▼ 46.5%€20k▼ 49.2%
Operating result€30k-€20k▼ 32.3%€3k▼ 83.2%€35k▲ 929%€38k▲ 9.7%
Net result€22k-€14k▼ 35.4%€942▼ 93.4%€26k▲ 2,658%€29k▲ 10.2%
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 2021: €30k€30kNet result 2021: €22k€22kOperating result 2022: €20k€20kNet result 2022: €14k€14kOperating result 2023: €3k€3kNet result 2023: €942€942Operating result 2024: €35k€35kNet result 2024: €26k€26kOperating result 2025: €38k€38kNet result 2025: €29k€29k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 10% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets €31k▼ 34.2%
Current assets €65k▼ 27.8%
Equity and liabilities €96k
Equity €20k▼ 49.2%
Debt €75k▼ 21.9%
The debt ratio rises from 70.6% to 78.6%: equity shrinks faster than debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€55k
2024 · €52k
Cash flow
€46k
2024 · €43k
Solvency
21.4%
2024 · 29.4%
Current ratio
0.87
2024 · 1.05
Quick ratio
0.87
2024 · 1.05
Debt / equity
3.68
2024 · 2.40
ROE
139.8%
2024 · 64.5%
ROA
29.9%
2024 · 19.0%
Interest coverage
88.43
2024 · 75.78
Debt
€75k
2024 · €97k
Debt ≤ 1 year
€75k
2024 · €86k
Income taxes
€9k
2024 · €8k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€137k€96k
Fixed assets21/28€46k€31k
Tangible fixed assets22/27€46k€31k
Plant, machinery and equipment23€4k€2k
Furniture and vehicles24€35k€22k
Other tangible fixed assets26€7k€6k
Current assets29/58€90k€65k
Amounts receivable within one year40/41€22k€22k
Trade receivables40€18k€18k
Other amounts receivable41€5k€4k
Cash at bank and in hand54/58€66k€40k
Deferred charges and accrued income490/1€2k€3k
Equity and liabilities
Total equity and liabilities10/49€137k€96k
Equity10/15€40k€20k
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€20k-
Amounts payable17/49€97k€75k
Amounts payable after more than one year17€10k-
Financial debts170/4€10k-
Amounts payable within one year42/48€86k€75k
Current portion of amounts payable after more than one year42€15k€14k
Trade debts44€3k€4k
Suppliers440/4€3k€4k
Taxes, remuneration and social security45€8k€8k
Taxes450/3€8k€8k
Other amounts payable47/48€61k€49k
Accrued charges and deferred income492/3-€326
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k
Other operating charges640/8€1k€1k
Non-recurring operating charges66A€245€74
Gross operating margin9900€54k€57k
Operating profit (loss)9901€35k€38k
Financial income75/76B€0€0
Recurring financial income75€0€0
Financial charges65/66B€685€626
Recurring financial charges65€685€626
Profit (loss) for the period before taxes9903€34k€37k
Income taxes67/77€8k€9k
Profit (loss) for the period9904€26k€29k
Profit (loss) for the period to be appropriated9905€26k€29k
Appropriation of the result
Profit (loss) to be appropriated9906€81k€48k
Profit (loss) brought forward from the previous period14P€55k€20k
Profit to be distributed694/7€61k€48k
Return on contributions (dividend)694€61k€48k

The notes to these accounts (7 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

Next filing, fiscal year 2026, expected by 30-04-2027
2025
15-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-09
Financial Highest result since 2018net €29k ▲10.2%
Operating result €38k, net result €29k, both a record.
27-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
19-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Weakest financial yearnet €942 ▼93.4%
Net result drops to €942, the lowest in the series; recovery starts the following year.
15-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
22-02
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
25-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
21-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Erpe-Mere · 1 establishment unit since 2016
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.

Speltkorenstraat 199420 Erpe-Mere
Ground area
616 m²
Building footprint
157 m²
Volume, LiDAR
815 m³
Parcel 41009B0425/00X000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FiftyThree IT
Speltkorenstraat 19, 9420 Erpe-MereWholesale trade
since 20162.253.055.820
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41009B0425/00X000 Flanders 616 m² 1 · 157 m² 7.7 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 2,120 companies in sector 46500 we hold annual accounts for 1,400. 648 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded04-05-2016
Fiscal year end30-09
Activities, NACEBEL
46500Wholesale of information and communication equipment
46510Wholesale trade
58290Other software publishing
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.