FITT
ActiveSummary
FITT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100,886 and a net result of €18,520. Equity is growing by ~23.6% per year across the filed fiscal years. Its solvency ranks better than 41% of 1912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-6
Solvency70▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 1.9 against 1.37 in 2024; short-term debt: 19.5% and cash: 33.8% of total assets), but 55.2% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
44.8%
Return on assets
8.2%
Age of the figures
12 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 29-04-2026, 1 day ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
36 d early
2022
2 d early
2021
31 d early
2020
7 d early
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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 monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€100,886▲ 22.5%
2024 · €82,366
Total assets
€225,100▲ 3.1%
2024 · €218,391
Net result
€18,520▼ 34.0%
2024 · €28,053
Working capital
€39,597▲ 130%
2024 · €17,216
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€25,790▲ 1.5%-€15,740€5,042€35,308▲ 600%€24,493▼ 30.6%
Net result€18,563▼ 1.5%-€18,069€2,610€28,053▲ 975%€18,520▼ 34.0%
Equity€69,772▲ 34.1%€51,702▼ 25.9%€54,312▲ 5.0%€82,366▲ 51.7%€100,886▲ 22.5%
Total assets€224,940▲ 5.4%€207,085▼ 7.9%€202,746▼ 2.1%€218,391▲ 7.7%€225,100▲ 3.1%
Debt€155,168▼ 3.9%€155,382▲ 0.1%€148,433▼ 4.5%€136,025▼ 8.4%€124,214▼ 8.7%
Working capital€55,449▲ 29.3%€31,116▼ 43.9%€32,221▲ 3.6%€17,216▼ 46.6%€39,597▲ 130%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €225,100
Fixed assets
€141,532 ▼ 8.3%
Current assets
€83,568 ▲ 30.5%
Equity and liabilities €225,100
Equity
€100,886 ▲ 22.5%
Debt
€124,214 ▼ 8.7%
Debt's share of the balance-sheet total falls from 62.3% to 55.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39,934▼
2024 · €44,916
Cash flow
€33,961▼
2024 · €37,661
Current ratio
1.90▲
2024 · 1.37
Debt to equity
1.23▼
2024 · 1.65
ROE
18.4%▼
2024 · 34.1%
ROA
8.2%▼
2024 · 12.8%
Interest coverage
28.15▲
2024 · 11.62
Debt ≤ 1 year
€43,972▼
2024 · €46,828
Debt > 1 year
€79,322▼
2024 · €88,303
Income taxes
€5,186▲
2024 · €3,404
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,484 | €7,390 | €7,216 | €9,608 | €15,441 | ▲ 60.7% |
| Other operating charges640/8 | - | €1,330 | €1,114 | €1,386 | €2,315 | ▲ 67.1% |
| Gross operating margin9900 | €37,034 | -€7,020 | €13,373 | €46,302 | €42,249 | ▼ 8.8% |
| Operating profit (loss)9901 | €25,790 | -€15,740 | €5,042 | €35,308 | €24,493 | ▼ 30.6% |
| Financial income75/76B | - | €417 | - | €14 | €632 | ▲ 4,538% |
| Recurring financial income75 | €86 | €417 | - | €14 | €632 | ▲ 4,538% |
| Financial charges65/66B | - | €2,806 | €2,302 | €3,865 | €1,419 | ▼ 63.3% |
| Recurring financial charges65 | €2,251 | €2,806 | €2,302 | €3,865 | €1,419 | ▼ 63.3% |
| Profit (loss) for the period before taxes9903 | €23,626 | -€18,129 | €2,740 | €31,457 | €23,707 | ▼ 24.6% |
| Income taxes67/77 | €5,062 | -€59 | €130 | €3,404 | €5,186 | ▲ 52.4% |
| Profit (loss) for the period9904 | €18,563 | -€18,069 | €2,610 | €28,053 | €18,520 | ▼ 34.0% |
| Profit (loss) for the period to be appropriated9905 | €18,563 | -€18,069 | €2,610 | €28,053 | €18,520 | ▼ 34.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €224,940 | €207,085 | €202,746 | €218,391 | €225,100 | ▲ 3.1% |
| Fixed assets21/28 | €134,371 | €126,981 | €119,764 | €154,347 | €141,532 | ▼ 8.3% |
| Tangible fixed assets22/27 | €134,371 | €126,981 | €119,764 | €154,347 | €141,532 | ▼ 8.3% |
| Land and buildings22 | - | €124,165 | €117,986 | €111,806 | €105,627 | ▼ 5.5% |
| Plant, machinery and equipment23 | - | €2,343 | €1,719 | €16,224 | €15,188 | ▼ 6.4% |
| Furniture and vehicles24 | - | €473 | €60 | €26,317 | €20,717 | ▼ 21.3% |
| Current assets29/58 | €90,569 | €80,104 | €82,981 | €64,044 | €83,568 | ▲ 30.5% |
| Amounts receivable within one year40/41 | €6,031 | €13,674 | €11,863 | €15,678 | €6,051 | ▼ 61.4% |
| Trade receivables40 | - | €13,674 | €11,863 | €13,580 | €6,051 | ▼ 55.4% |
| Other amounts receivable41 | - | - | - | €2,098 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €83,325 | €66,055 | €70,437 | €47,135 | €76,169 | ▲ 61.6% |
| Deferred charges and accrued income490/1 | - | €374 | €681 | €1,230 | €1,348 | ▲ 9.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €224,940 | €207,085 | €202,746 | €218,391 | €225,100 | ▲ 3.1% |
| Equity10/15 | €69,772 | €51,702 | €54,312 | €82,366 | €100,886 | ▲ 22.5% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €61,712 | €43,642 | €46,252 | €74,306 | €92,826 | ▲ 24.9% |
| Amounts payable17/49 | €155,168 | €155,382 | €148,433 | €136,025 | €124,214 | ▼ 8.7% |
| Amounts payable after more than one year17 | €119,589 | €105,935 | €97,173 | €88,303 | €79,322 | ▼ 10.2% |
| Financial debts170/4 | - | €105,935 | €97,173 | €88,303 | €79,322 | ▼ 10.2% |
| Amounts payable within one year42/48 | €35,121 | €48,988 | €50,761 | €46,828 | €43,972 | ▼ 6.1% |
| Current portion of amounts payable after more than one year42 | - | €13,654 | €8,762 | €8,871 | €8,981 | ▲ 1.2% |
| Trade debts44 | €640 | €9,847 | €14,811 | €11,157 | €2,541 | ▼ 77.2% |
| Suppliers440/4 | - | €9,847 | €14,811 | €11,157 | €2,541 | ▼ 77.2% |
| Advances received on contracts in progress46 | - | €1,537 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €23,950 | €27,188 | €26,800 | €10,040 | ▼ 62.5% |
| Taxes450/3 | - | €4,250 | €5,288 | €4,900 | €10,040 | ▲ 105% |
| Remuneration and social security454/9 | - | €19,700 | €21,900 | €21,900 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | - | €22,409 | - |
| Accrued charges and deferred income492/3 | - | €460 | €499 | €895 | €921 | ▲ 2.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,563 | -€18,069 | €2,610 | €28,053 | €18,520 | ▼ 34.0% |
| + Depreciation and write-downs630 | €10,484 | €7,390 | €7,216 | €9,608 | €15,441 | ▲ 60.7% |
| Operating cash flow (approximation) | €29,047 | -€10,680 | €9,827 | €37,661 | €33,961 | ▼ 9.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€44,191 | -€2,626 | ▲ 94.1% |
| Change in cash | - | -€17,270 | €4,382 | -€23,302 | €29,033 | ▲ 225% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Equity above €100,000Eq €100,886 ▲22.5%
3 profitable years in a row build equity to €100,886.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €28,053 ▲975%
Operating result €35,308, net result €28,053, both a record.
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €2,610
Net result €2,610 after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet -€18,069
Net result drops to -€18,069, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Moorslede · 1 establishment unit since 2016
Ground area
5,080 m²
Building footprint
49 m²
Volume, LiDAR
203 m³
Parcel 36003A0811/00L000, Flanders · tallest building 18.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
FITT
since 20162.260.682.691
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36003A0811/00L000indicative | Flanders | 5,080 m² | 1 · 49 m² | 18.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 3,768 EUR awarded · 3,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 268 EUR | 0 EUR |
| 2024 | 1 | 3,500 EUR | 3,500 EUR |
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Of 2,727 companies in sector 63100 we hold annual accounts for 1,271. 981 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-10-2016
Fiscal year end30-09
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
74209Other photographic activities
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0664825231
Registered
20-11-2020
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.