FUSE IT
ActiveFUSE IT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €572k and a net result of €76k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 83% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.75 against 3.56 in 2024; short-term debt: 13% and cash: 23.2% of total assets), and 13.4% 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○neutral
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 dateAge against the risk zone
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
86.6%
Return on assets
11.5%
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 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
12 d early
2023
4 d early
2022
20 d early
2021
40 d early
2020
18 d early
2019
34 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 monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€572k▲ 0.2%
2024 · €571k
2018: €293k
2019: €343k
2020: €402k
2021: €474k
2022: €537k
2023: €604k
2024: €571k
2018 → 2025
Total assets
€660k▼ 4.2%
2024 · €689k
2018: €416k
2019: €500k
2020: €488k
2021: €572k
2022: €577k
2023: €618k
2024: €689k
2018 → 2025
Net result
€76k▲ 7.4%
2024 · €71k
2018: €27k
2019: €49k
2020: €59k
2021: €72k
2022: €63k
2023: €67k
2024: €71k
2018 → 2025
Working capital
€321k▲ 7.8%
2024 · €298k
2018: €86k
2019: €125k
2020: €176k
2021: €235k
2022: €286k
2023: €363k
2024: €298k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€474k-€537k▲ 13.4%€604k▲ 12.5%€571k▼ 5.6%€572k▲ 0.2%
Operating result€90k-€74k▼ 18.0%€79k▲ 7.0%€80k▲ 1.5%€88k▲ 9.8%
Net result€72k-€63k▼ 12.2%€67k▲ 6.1%€71k▲ 5.5%€76k▲ 7.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €660k
Fixed assets
€253k▼ 7.9%
Current assets
€407k▼ 1.8%
Equity and liabilities €660k
Equity
€572k▲ 0.2%
Debt
€88k▼ 25.4%
The debt ratio falls from 17.2% to 13.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€110k▲
2024 · €96k
Cash flow
€98k▲
2024 · €87k
Solvency
86.6%▲
2024 · 82.8%
Current ratio
4.75▲
2024 · 3.56
Quick ratio
4.75▲
2024 · 3.56
Debt / equity
0.15▼
2024 · 0.21
ROE
13.3%▲
2024 · 12.4%
ROA
11.5%▲
2024 · 10.3%
Interest coverage
722.36▲
2024 · 627.95
Debt
€88k▼
2024 · €119k
Debt ≤ 1 year
€86k▼
2024 · €116k
Income taxes
€29k▲
2024 · €27k
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€689k€660k▼
Fixed assets21/28€275k€253k▼
Tangible fixed assets22/27€275k€253k▼
Land and buildings22€229k€218k▼
Furniture and vehicles24€46k€36k▼
Current assets29/58€414k€407k▼
Amounts receivable after more than one year29€153k€113k▼
Other amounts receivable291€153k€113k▼
Amounts receivable within one year40/41€113k€137k▲
Trade receivables40€0€626▲
Other amounts receivable41€113k€136k▲
Cash at bank and in hand54/58€145k€153k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€689k€660k▼
Equity10/15€571k€572k▲
Contributions10/11€147k€147k=
Reserves13€424k€425k▲
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Distributable reserves133€409k€410k▲
Amounts payable17/49€119k€88k▼
Amounts payable within one year42/48€116k€86k▼
Trade debts44€5k€537▼
Suppliers440/4€5k€537▼
Taxes, remuneration and social security45€7k€9k▲
Taxes450/3€7k€9k▲
Other amounts payable47/48€105k€76k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Non-recurring operating income76A€29k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€22k▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€13k-
Gross operating margin9900€112k€112k▼
Operating profit (loss)9901€80k€88k▲
Financial income75/76B€17k€17k▼
Recurring financial income75€17k€17k▼
Financial charges65/66B€154€152▼
Recurring financial charges65€154€152▼
Profit (loss) for the period before taxes9903€97k€105k▲
Income taxes67/77€27k€29k▲
Profit (loss) for the period9904€71k€76k▲
Profit (loss) for the period to be appropriated9905€71k€76k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€76k▲
Transfer from equity791/2€105k€75k▼
Transfer to equity691/2€71k€76k▲
To other reserves6921€71k€76k▲
Profit to be distributed694/7€105k€75k▼
Return on contributions (dividend)694€105k€75k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €76k ▲7.4%
Net result €76k, the highest in the series.
18-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity quadruplescurrent ratio 30.83
Current ratio from 8.65 to 30.83; short-term debt falls from €37k to €12k.
10-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity doublescurrent ratio 8.65
Current ratio from 4.27 to 8.65; short-term debt falls from €72k to €37k.
30-09
Financial
Equity above €500kEq €537k ▲13.4%
5 profitable years in a row build equity to €537k.
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity doublescurrent ratio 5.89
Current ratio from 2.48 to 5.89; short-term debt falls from €85k to €36k.
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Bilzen-Hoeselt · 1 establishment unit since 2004
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.
Reekstraat 18A3742 Bilzen-HoeseltGround area
829 m²
Building footprint
134 m²
Volume, LiDAR
833 m³
Parcel 73047B0286/00C000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FUSE IT
since 20042.144.493.717
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73047B0286/00C000 | Flanders | 828 m² | 1 · 134 m² | 8.8 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.
Recognitions · licences · registrations
Legal Entity Identifier
699400I2RLA5CAWKJ646
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Of 29,992 companies in sector 62200 we hold annual accounts for 18,386. 11,386 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-12-2004
Fiscal year end30-09
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
47400Retail sale of information and communication equipment
47410Retail trade
52487
68204Real estate activities
70200Business and other management consultancy
70204
70220Business consulting
74142
80424
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.