Kirsch IT
ActiveSummary
Kirsch IT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €190,034 and a net result of €87,553. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 238 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
What stands out
Overview
0 of 2 deeds readAccounts 72 d earlyTurnover not published (abridged schema)
Why 93- Limited track record+ Lower-failure-rate sector+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2026
Axes · tick = 2025
Profitability100▲+8
Solvency92▼-7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 2.99 against 3.81 in 2025; short-term debt: 32.9% and cash: 81.2% of total assets), and 32.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Computer programming, consultancy and related activities (NACE 62)
about 64% 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 2026Solvency, return and age of the figures
Solvency
67.1%
Return on assets
30.9%
Age of the figures
6 mo
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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 20-08-2026, 72 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2026
72 d early
2025
50 d early
2024
2 d early
2023
1 d early
2022
on the day
2021
25 d late
2020
29 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 18 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 29 October (4 of the last 5 filed years within 48 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-03-2027 close31-10-2027 deadline
- Annual accounts filedfiscal year 2026 · micro…
- Highest result since 2020net €87,553 ▲26.2%
- Annual accounts filedfiscal year 2025 · micro…
Financials
Fiscal year 2026Total assets €283,299Profit €87,553Solvency 67.1%Liquidity 2.99
Total assets
€283,299▼ 25.0%
2020 - 2026
Net result
€87,553▲ 26.2%
2020 - 2026
Equity
€190,034▼ 31.9%
2020 - 2026
Solvency
67.1%▼ 6.8pp
2020 - 2026
Financials · fiscal year 2026, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result€92,744▼ 5.8%€63,064▼ 32.0%€41,276▼ 34.5%€97,923▲ 137%€123,649▲ 26.3%
Net result€66,337above the sector's middle half▼ 5.6%€44,929within the sector's middle half▼ 32.3%€28,438within the sector's middle half▼ 36.7%€69,367above the sector's middle half▲ 144%€87,553▲ 26.2%
Equity€212,305above the sector's middle half▲ 43.9%€255,633above the sector's middle half▲ 20.4%€282,406above the sector's middle half▲ 10.5%€279,210above the sector's middle half▼ 1.1%€190,034▼ 31.9%
Total assets€258,566within the sector's middle half▲ 27.2%€317,745above the sector's middle half▲ 22.9%€298,893above the sector's middle half▼ 5.9%€377,851above the sector's middle half▲ 26.4%€283,299▼ 25.0%
Debt€46,261▼ 17.1%€62,111▲ 34.3%€16,487▼ 73.5%€98,641▲ 498%€93,265▼ 5.4%
Working capital€211,563above the sector's middle half▲ 19.5%€255,553above the sector's middle half▲ 20.8%€282,106above the sector's middle half▲ 10.4%€276,832above the sector's middle half▼ 1.9%€185,284▼ 33.1%
Solvency82.1%above the sector's middle half▲ 9.5pp80.5%above the sector's middle half▼ 1.7pp94.5%above the sector's middle half▲ 14.0pp73.9%within the sector's middle half▼ 20.6pp67.1%▼ 6.8pp
Current ratio5.57above the sector's middle half▼ 3.205.13above the sector's middle half▼ 0.4418.11above the sector's middle half▲ 12.983.81within the sector's middle half▼ 14.302.99▼ 0.82
Return on assets (ROA)25.7%within the sector's middle half▼ 8.9pp14.1%within the sector's middle half▼ 11.5pp9.5%within the sector's middle half▼ 4.6pp18.4%within the sector's middle half▲ 8.8pp30.9%▲ 12.5pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 26% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €283,299
Fixed assets
€4,807 ▲ 102%
Current assets
€278,492 ▼ 25.8%
Equity and liabilities €283,299
Equity
€190,034 ▼ 31.9%
Debt
€93,265 ▼ 5.4%
Debt's share of the balance-sheet total rises from 26.1% to 32.9%. Equity and debt are lower.
Key figures and ratios
Key figures and ratios
EBITDA
€125,132▲
2025 · €98,686
Cash flow
€89,036▲
2025 · €70,130
Debt to equity
0.49▲
2025 · 0.35
ROE
46.1%▲
2025 · 24.8%
Interest coverage
2275.13▲
2025 · 1716.27
Debt ≤ 1 year
€93,208▼
2025 · €98,641
Income taxes
€36,048▲
2025 · €28,498
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% 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
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 26,975 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.
Filed annual accounts
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,872 | €442 | - | €763 | €1,483 | ▲ 94.4% |
| Other operating charges640/8 | €706 | €916 | €1,225 | €1,070 | €1,303 | ▲ 21.8% |
| Gross operating margin9900 | €96,322 | €64,422 | €42,501 | €99,756 | €126,435 | ▲ 26.7% |
| Operating profit (loss)9901 | €92,744 | €63,064 | €41,276 | €97,923 | €123,649 | ▲ 26.3% |
| Financial income75/76B | - | - | €0 | €0 | €7 | - |
| Recurring financial income75 | - | - | €0 | €0 | €7 | - |
| Financial charges65/66B | €47 | €393 | €302 | €58 | €55 | ▼ 4.3% |
| Recurring financial charges65 | €47 | €393 | €302 | €58 | €55 | ▼ 4.3% |
| Profit (loss) for the period before taxes9903 | €92,697 | €62,671 | €40,974 | €97,865 | €123,601 | ▲ 26.3% |
| Income taxes67/77 | €26,360 | €17,742 | €12,535 | €28,498 | €36,048 | ▲ 26.5% |
| Profit (loss) for the period9904 | €66,337 | €44,929 | €28,438 | €69,367 | €87,553 | ▲ 26.2% |
| Profit (loss) for the period to be appropriated9905 | €66,337 | €44,929 | €28,438 | €69,367 | €87,553 | ▲ 26.2% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €258,566 | €317,745 | €298,893 | €377,851 | €283,299 | ▼ 25.0% |
| Fixed assets21/28 | €742 | €300 | €300 | €2,378 | €4,807 | ▲ 102% |
| Tangible fixed assets22/27 | €442 | - | - | €2,078 | €4,507 | ▲ 117% |
| Furniture and vehicles24 | €442 | - | - | €2,078 | €4,507 | ▲ 117% |
| Financial fixed assets28 | €300 | €300 | €300 | €300 | €300 | = |
| Current assets29/58 | €257,824 | €317,445 | €298,593 | €375,473 | €278,492 | ▼ 25.8% |
| Amounts receivable after more than one year29 | - | - | - | €167,000 | - | - |
| Other amounts receivable291 | - | - | - | €167,000 | - | - |
| Amounts receivable within one year40/41 | €39,066 | €53,719 | €20,731 | €21,344 | €47,855 | ▲ 124% |
| Trade receivables40 | €39,023 | €41,485 | €8,228 | €21,341 | €47,855 | ▲ 124% |
| Other amounts receivable41 | €43 | €12,234 | €12,503 | €2 | - | - |
| Cash at bank and in hand54/58 | €217,731 | €258,323 | €277,060 | €186,310 | €229,995 | ▲ 23.4% |
| Deferred charges and accrued income490/1 | €1,028 | €5,402 | €802 | €819 | €642 | ▼ 21.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €258,566 | €317,745 | €298,893 | €377,851 | €283,299 | ▼ 25.0% |
| Equity10/15 | €212,305 | €255,633 | €282,406 | €279,210 | €190,034 | ▼ 31.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €206,105 | €249,433 | €276,206 | €273,010 | €183,834 | ▼ 32.7% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €204,245 | €247,573 | €274,346 | €271,150 | €181,974 | ▼ 32.9% |
| Profit (loss) carried forward14 | - | - | - | €0 | - | - |
| Amounts payable17/49 | €46,261 | €62,111 | €16,487 | €98,641 | €93,265 | ▼ 5.4% |
| Amounts payable within one year42/48 | €46,261 | €61,892 | €16,487 | €98,641 | €93,208 | ▼ 5.5% |
| Trade debts44 | €593 | €1,417 | €543 | €333 | €2,036 | ▲ 512% |
| Suppliers440/4 | €593 | €1,417 | €543 | €333 | €2,036 | ▲ 512% |
| Taxes, remuneration and social security45 | €34,005 | €44,340 | €7,990 | €19,232 | €23,624 | ▲ 22.8% |
| Taxes450/3 | €24,553 | €33,179 | €1,084 | €19,232 | €23,624 | ▲ 22.8% |
| Remuneration and social security454/9 | €9,452 | €11,161 | €6,906 | €0 | - | - |
| Other amounts payable47/48 | €11,662 | €16,134 | €7,954 | €79,076 | €67,548 | ▼ 14.6% |
| Accrued charges and deferred income492/3 | - | €219 | - | - | €57 | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,337 | €44,929 | €28,438 | €69,367 | €87,553 | ▲ 26.2% |
| + Depreciation and write-downs630 | €2,872 | €442 | - | €763 | €1,483 | ▲ 94.4% |
| Operating cash flow (approximation) | €69,208 | €45,370 | €28,438 | €70,130 | €89,036 | ▲ 27.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€2,841 | -€3,912 | ▼ 37.7% |
| Change in cash | - | €40,593 | €18,737 | -€90,750 | €43,685 | ▲ 148% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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GO4PROJECT
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SPEAK
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SAVIVA
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Of 29,996 companies in this sector we hold annual accounts for 18,400. 14,852 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
13 eventsLatest 20-08-2026Next filing 31-10-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Highest result since 2020net €87,553 ▲26.2%
Operating result €123,649, net result €87,553, both a record.
2025
11-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €28,438 ▼36.7%
Net result drops to €28,438, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity quadruplescurrent ratio 18.11
Current ratio from 5.13 to 18.11; short-term debt falls from €61,892 to €16,487.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €200,000Eq €212,305 ▲43.9%
3 profitable years in a row build equity to €212,305.
2021
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
31-03
Financial
Liquidity times 5current ratio 8.78
Current ratio from 1.90 to 8.78; short-term debt falls from €77,078 to €22,758.
31-03
Financial
Equity above €100,000Eq €147,568 ▲87%
2 profitable years in a row build equity to €147,568.
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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Company details
Private limited company · founded 24-08-2018Year ends 31-03Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded24-08-2018
Fiscal year end31-03
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0701738085
Registered
09-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Beersel · 1 establishment unit since 2018
Ground area
1,180 m²
Building footprint
209 m²
Volume, LiDAR
644 m³
Parcel 23001B0297/00T000, Flanders · tallest building 4.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kirsch IT
since 2018unit no. 2.278.840.004
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23001B0297/00T000 | Flanders | 1,180 m² | 1 · 209 m² | 4.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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