Summary
Let-IT.be has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2016 annual accounts show equity of €92,534 and a net result of €26,968. The computed 12-month bankruptcy probability is 0.6% (low).
Financials · financial year 2016, abbreviated format
Turnover
≈ €140,000
Estimated: probably between €100,000 and €250,000
Total assets
€117,109
Net result
€26,968
Working capital
€82,919
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €117,109
Fixed assets
€9,945
Current assets
€107,164
Equity and liabilities €117,109
Equity
€92,534
Debt
€24,575
Debt finances 21.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€54,745
Cash flow
€36,913
Current ratio
4.42
ROE
29.1%
ROA
23.0%
Debt ≤ 1 year
€24,245
Income taxes
€21,064
Annual accounts
| Line | 2016 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,945 |
| Gross operating margin9900 | €55,498 |
| Operating profit (loss)9901 | €44,800 |
| Recurring financial income75 | €3,300 |
| Recurring financial charges65 | €68 |
| Profit (loss) for the period before taxes9903 | €48,033 |
| Income taxes67/77 | €21,064 |
| Profit (loss) for the period9904 | €26,968 |
| Profit (loss) for the period to be appropriated9905 | €26,654 |
| Line | 2016 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €117,109 | |
| Fixed assets21/28 | €9,945 | |
| Tangible fixed assets22/27 | €9,945 | |
| Current assets29/58 | €107,164 | |
| Amounts receivable within one year40/41 | €15,396 | |
| Current investments50/53 | €90,018 | |
| Cash at bank and in hand54/58 | €1,750 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €117,109 | |
| Equity10/15 | €92,534 | |
| Contributions10/11 | €34,400 | |
| Reserves13 | €51,556 | |
| Profit (loss) carried forward14 | €6,578 | |
| Amounts payable17/49 | €24,575 | |
| Amounts payable within one year42/48 | €24,245 | |
| Trade debts44 | €1,757 | |
| Line | 2016 |
|---|---|
| Profit (loss) for the period9904 | €26,968 |
| + Depreciation and write-downs630 | €9,945 |
| Operating cash flow (approximation) | €36,913 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2016 | abbreviated format | 31-03-2017 | 2017-08200023 |
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Of the 29,902 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,962. 15,974 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.