Skip to content

Fit-For-Purpose Technologies

Active
Private limited companyfounded 20196 yrs activeLambermontlaan 129, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0739.848.989

Fit-For-Purpose Technologies has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €116k and a net result of €81k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 32% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+99
Solvency68▲+26
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity short (current ratio 0.64 against 0.0 in 2023; short-term debt: 54.3% and cash: 0% of total assets), and 57.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-03-2026, 215 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
215 d late
2023
296 d late
2022
337 d late
2021
78 d late
2020
31 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
€116k▲ 231%
2023 · €35k
2020: €70k 2021: €73k 2022: €77k 2023: €35k
2020 → 2024
Total assets
€273k▲ 34.1%
2023 · €203k
2020: €150k 2021: €185k 2022: €203k 2023: €203k
2020 → 2024
Net result
€81k
2023 · €-42k
2020: €71k 2021: €3k 2022: €4k 2023: €-42k
2020 → 2024
Working capital
€-53k▲ 66.0%
2023 · €-157k
2020: €40k 2021: €-12k 2022: €-73k 2023: €-157k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€70k-€73k▲ 3.6%€77k▲ 5.5%€35k▼ 54.4%€116k▲ 231%
Operating result€90k-€7k▼ 92.1%€20k▲ 177%€-25k€116k
Net result€71k-€3k▼ 96.5%€4k▲ 60.1%€-42k€81k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2020: €90k€90kNet result 2020: €71k€71kOperating result 2021: €7k€7kNet result 2021: €3k€3kOperating result 2022: €20k€20kNet result 2022: €4k€4kOperating result 2023: €-25k€-25kNet result 2023: €-42k€-42kOperating result 2024: €116k€116kNet result 2024: €81k€81k20202021202220232024
The operating result returns to profit in 2024: €116k after a loss of €25k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €273k
Fixed assets €178k▼ 12.4%
Current assets €95k▲ 2,262,683%
Equity and liabilities €273k
Equity €116k▲ 231%
Debt €156k▼ 6.9%
The debt ratio falls from 82.8% to 57.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€141k
2023 · €1k
Cash flow
€106k
2023 · €-16k
Solvency
42.6%
2023 · 17.2%
Current ratio
0.64
2023 · 0.00
Quick ratio
0.64
2023 · 0.00
Debt / equity
1.35
2023 · 4.80
ROE
69.8%
2023 · -119.5%
ROA
29.7%
2023 · -20.6%
Interest coverage
18.98
2023 · 0.16
Debt
€156k
2023 · €168k
Debt ≤ 1 year
€148k
2023 · €157k
Debt > 1 year
€9k
2023 · €11k
Income taxes
€29k
2023 · €8k
Staff costs
€90k
2023 · €82k
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€203k€273k
Fixed assets21/28€203k€178k
Intangible fixed assets21€196k€172k
Tangible fixed assets22/27€2k€2k
Plant, machinery and equipment23€51-
Furniture and vehicles24€635€275
Other tangible fixed assets26€2k€1k
Financial fixed assets28€5k€4k
Current assets29/58€4€95k
Amounts receivable within one year40/41-€94k
Trade receivables40-€66k
Other amounts receivable41-€27k
Cash at bank and in hand54/58€4€76
Deferred charges and accrued income490/1-€913
Equity and liabilities
Total equity and liabilities10/49€203k€273k
Equity10/15€35k€116k
Contributions10/11€1k€1k=
Profit (loss) carried forward14€34k€115k
Amounts payable17/49€168k€156k
Amounts payable after more than one year17€11k€9k
Financial debts170/4€11k€9k
Amounts payable within one year42/48€157k€148k
Financial debts43€25k€11k
Credit institutions430/8€25k€11k
Trade debts44€51k-
Suppliers440/4€51k-
Taxes, remuneration and social security45€58k€137k
Taxes450/3€53k€124k
Remuneration and social security454/9€6k€13k
Other amounts payable47/48€22k-
Income statement Code20232024
Remuneration, social security and pensions62€82k€90k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€25k
Other operating charges640/8€4k€187
Non-recurring operating charges66A€64k€17k
Gross operating margin9900€151k€248k
Operating profit (loss)9901€-25k€116k
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€9k€7k
Recurring financial charges65€9k€7k
Profit (loss) for the period before taxes9903€-34k€110k
Income taxes67/77€8k€29k
Profit (loss) for the period9904€-42k€81k
Profit (loss) for the period to be appropriated9905€-42k€81k
Appropriation of the result
Profit (loss) to be appropriated9906€34k€115k
Profit (loss) brought forward from the previous period14P€76k€34k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2026
03-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 215 days late
2025
23-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 296 days late
2024
31-12
Financial Back to profitnet €81k
Net result €81k after one loss-making year.
31-12
Financial Equity above €100kEq €116k ▲231%
Equity rises from €35k to €116k.
02-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 337 days late
2023
31-12
Financial Weakest financial yearnet €-42k ▼1142%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
2022
17-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Schaarbeek · 2 establishment units since 2020
establishment All 2 establishment units 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.

Lambermontlaan 1291030 Schaarbeek
Ground area
1,868 m²
Building footprint
1,534 m²
Volume, LiDAR
14,017 m³
2 parcels, Brussels · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Neotex Belgium
Lambermontlaan 129, 1030 SchaarbeekGeneral electrical installation work
since 20202.297.562.982
Atrium-Garden
Victor Oudartstraat 7, 1030 SchaarbeekOther business support services
since 20202.308.812.806
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21905C0024/00W002 Brussels 1,700 m² 1 · 1,393 m² 16.8 m · 3 fl.
21902A0423/00R011 Brussels 168 m² 1 · 141 m² 17.4 m · 5 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,516 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded19-12-2019
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.