Equity
€75,207 ▲ 37.2%
INITIUM DIGITAL has made a profit in every financial year since 2020.
INITIUM DIGITAL
Lifetime
6 annual accounts with figures on one time axispeak €105,856 (2020)
€87,695▲ 5.8%
peak €20,374 (2025)
€20,374▲ 9.4%
peak €75,207 (2025)
€75,207▲ 37.2%
€33,621▲ 17.0%
peak 0.8 FTE (2020)
0.8 FTEunchanged
Board1 name since 2019
1 directorINITIUM
Documentsfilings and deeds
16-07-202615 days before the deadline
2025abbreviated format
Equity from €54,833 to €75,207Debts from €28,742 to €33,621Cash from €2,051 to €3,935
Key points
from the 2025 annual accountsChecked score
90
Excellent
Financially stronger than 53% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.3 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026highest value
08-2026: 0.2%▼ -0.2 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: 0.8 FTE, total assets €108,828
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Figures for financial year 2025 (filed on 16-07-2026)
Equity €75,207 (69.1% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 62% of them on solvency, 18% on liquidity, 56% on profitability and 74% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as INITIUM DIGITAL has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of INITIUM DIGITAL itself is lower: 0.2% within 12 months. It rests on far more data about INITIUM DIGITAL than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for INITIUM DIGITAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.23 (2.88 in 2024), above the usual 1.5. Short-term debt is 30.9% and cash 3.6% of total assets. 30.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
15 days early
2024
6 days early
2023
30 days late
2022
59 days late
2021
19 days early
2020
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 8 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0719901237
1 manager resigning, 1 director reappointed
Resignation: INITIUM (manager) · Reappointment: INITIUM (director) · Permanent representative: BYNENS Maarten Louis Gerard · General meeting of 08-12-2023 · Gazette deed
Incorporation
Founders: BYNENS Maarten Louis Gerard and VANBUEL Ine · Founding capital of €18,600, 100 shares, €6,200 paid up · Appointment: INITIUM (manager) · published on 08-02-2019 · Gazette deed
First establishment
Berenbroekstraat 49, Hasselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| INITIUM DIGITAL Hasselt | €108,828 | €87,695 | 69.1% | 0.8 |
| DC DESIGN Sint-Truiden | €122,223 | €76,360 | 25.7% | 0.9 |
| Jeanny Consulting Kontich | €118,263 | €61,548 | 27.0% | 1 |
| W-Tech IT Solutions Wavre | €87,665 | €105,985 | 60.8% | 0.8 |
| ThePickPath Braives | €85,487 | €98,113 | 66.4% | 0.9 |
| HUB.CO Tongeren-Borgloon | €113,810 | €159,731 | 35.4% | 1.8 |
| THE CRAFT Kortrijk | €132,055 | €62,988 | 89.0% | 0.8 |
These companies have the same main activity as INITIUM DIGITAL: computer programming (NACE 62100). They are comparable in size and age: total assets between €85,500 and €132,000, founded between 2016 and 2021.
Official details
Source: KBO- Status
- Active since 06-02-2019Normal situation
- Registered office
- 11 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Computer programmingNACE 62100and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.285.325.8393500 Hasselt, since 06-02-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 05-11-2025
Annual accounts 2025
- €108,828▲ 30.2%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on INITIUM DIGITAL
INITIUM DIGITAL files the abbreviated format. That format states no turnover. The gross margin fell from €105,856 in 2020 to €87,695 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about INITIUM DIGITAL
- What is the company number of INITIUM DIGITAL?
- The company number of INITIUM DIGITAL is 0719.901.237. The VAT number is the same number with BE in front: BE 0719.901.237.
- Where is INITIUM DIGITAL based?
- The registered office is at Berenbroekstraat 49, 3500 Hasselt.Company details
- What does INITIUM DIGITAL do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of INITIUM DIGITAL?
- INITIUM DIGITAL is a private limited company (BV).
- When was INITIUM DIGITAL founded?
- INITIUM DIGITAL was founded on 06-02-2019.
- Is INITIUM DIGITAL still active?
- Yes, INITIUM DIGITAL is an active enterprise in the KBO register.
- How many employees does INITIUM DIGITAL have?
- INITIUM DIGITAL had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does INITIUM DIGITAL fall under?
- In its 2025 annual accounts, INITIUM DIGITAL states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of INITIUM DIGITAL?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €87,695 and 41 comparable companies (NACE 62100). It probably lies between €170,000 and €260,000.
- Is INITIUM DIGITAL profitable?
- In financial year 2025, INITIUM DIGITAL made a profit of €20,374.
- Where can I find the annual accounts of INITIUM DIGITAL?
- INITIUM DIGITAL filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of INITIUM DIGITAL due?
- INITIUM DIGITAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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