HIT-IT
The computed 12-month bankruptcy probability of HIT-IT is 1.5% (low). The 2024 annual accounts show equity of €829k and a net result of €-116k. Equity is shrinking by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 51% of 4923 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €829k |
| Net result | €-116k |
| Better than sector | 51% |
| Active | 4 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 18.0% | 16.7% | |
| Net result | €-116k | €2k | |
| Equity | €829k | €27k | |
| Gross operating margin | €307k | €27k | |
| Total assets | €4.62M | €302k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €284k |
| Net profit | €-116k |
| Cash flow | €94k |
| Staff costs | - |
| Income taxes | €100k |
| Dividends | - |
| Total assets | €4.62M |
| Equity | €829k |
| Debt | €3.79M |
| of which ≤ 1y | €787k |
| of which > 1y | €3.00M |
| Working capital | €-584k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.26 |
| Quick ratio | 0.26 |
| Working capital ratio | -12.6% |
| Solvency | 18.0% |
| Debt / equity | 4.57 |
| Long-term debt ratio | 3.62 |
| Interest coverage | 3.18 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.5% |
| ROE | -14.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.62M |
| Fixed assets | 21/28 | €4.41M |
| Tangible fixed assets | 22/27 | €4.41M |
| Current assets | 29/58 | €203k |
| Amounts receivable within one year | 40/41 | €79k |
| Cash & bank | 54/58 | €113k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.62M |
| Equity | 10/15 | €829k |
| Contributions / capital | 10/11 | €146k |
| Reserves | 13 | €648k |
| Accumulated profits (losses) | 14 | €35k |
| Amounts payable | 17/49 | €3.79M |
| Amounts payable after one year | 17 | €3.00M |
| Amounts payable within one year | 42/48 | €787k |
| Trade debts payable within one year | 44 | €80k |
| Income statement | ||
| Gross operating margin | 9900 | €307k |
| Operating result | 9901 | €74k |
| Financial income | 75 | €149 |
| Financial charges | 65 | €89k |
| Result before taxes | 9903 | €-15k |
| Income taxes | 67/77 | €100k |
| Net result for the period | 9904 | €-116k |
| Result to be appropriated | 9905 | €-116k |
| NACE primary | Real estate activities(68201) |
| Legal form | Private limited company(610) |
| Incorporation | 21-12-2021 |
| Status | Active |
| Postal code | 8870 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36008A0730/00Y000 | Flanders | 700 m² | 1 · 488 m² | 15.6 m · 4 fl. |
| 31807H0534/00A000 | Flanders | 589 m² | 1 · 554 m² | 18.9 m · 5 fl. |
| 31805E0982/00A000 | Flanders | 60 m² | 1 · 61 m² | 8.8 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-02-2024 Registered office moved from Brugge to Izegem
- 8000 Brugge, Jan Boninstraat 31 → 8870 Izegem, Kruisstraat 16
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_administratif",
"new_address": {
"raw": "8870 Izegem, Kruisstraat 16",
"city": "Izegem",
"region": "vlaams_gewest",
"street": "Kruisstraat",
"country": "BE",
"postcode": "8870",
"box_number": null,
"street_number": "16",
"locality_suffix": null
},
"old_address": {
"raw": "8000 Brugge, Jan Boninstraat 31",
"city": "Brugge",
"region": "vlaams_gewest",
"street": "Jan Boninstraat",
"country": "BE",
"postcode": "8000",
"box_number": null,
"street_number": "31",
"locality_suffix": null
},
"effective_date": "2023-12-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-02-16",
"filing_date": "2024-01-12",
"act_kind_objet": "Zetelverplaatsing"
},
"decision": {
"body": "bestuur",
"date": "2023-12-21",
"unanimous": null
},
"subject_company": {
"kbo": "0779.575.637",
"name_full": "HIT-IT",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0466.459.637",
"org_name": "boekhoudkantoor MAREL NV",
"person_name": null,
"org_rep_person_name": "WALCARIUS ISABEL",
"person_role_at_subject": null
},
"co_filed_documents": [
"de notulen van de vergadering van het bestuursorgaan de dato 21 december 2023"
]
}08-12-2022 All shares are now held by a single shareholder
Technical details
{
"events": [
{
"kind": "eenhoofdigheid_declaration",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Jeroen Van Gampelaere",
"firm_city": null,
"firm_name": null,
"office_city": "Izegem",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-12-08",
"filing_date": "2022-12-06",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2022-11-22",
"unanimous": null,
"under_authorized_capital": true,
"underlying_resolution_date": "2022-11-21"
},
"bedrijfsrevisor": {
"waived": false,
"firm_kbo": null,
"firm_name": "Vandelanotte Bedrijfsrevisoren CVBA",
"ibr_number": null,
"mission_type": "apport_nature",
"individual_name": "Jan Degryse"
},
"subject_company": {
"kbo": "0779.575.637",
"name_full": "HIT-IT",
"legal_form": "Besloten Vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"gelijkvormig afschrift notari\u00EBle akte wijziging statuten",
"Verslag bestuursorgaan",
"Verslag bedrijfsrevisor",
"Geco\u00F6rdineerde statuten"
],
"shareholders_after": [
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Niek Marijsse",
"role": null,
"n_shares": 11,
"share_class": null
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "Veerle Callens",
"role": null,
"n_shares": 11,
"share_class": null
}
],
"share_classes_after": [
{
"n_shares": 22,
"class_name": "Gewone Aandelen",
"capital_share_eur": 137000.0,
"voting_rights_per_share": 1.0
}
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | HIT-IT |