PICAVET IT
ActiveSummary
PICAVET IT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €45k. Equity is growing by ~43.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency85▼-15
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.33 against 6.77 in 2024; short-term debt: 39.7% and cash: 53% of total assets), and 39.7% of the assets are financed with debt.
Credit check for your own amount and term
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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
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
60.3%
Return on assets
43%
Age of the figures
9 mo
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 10-03-2026, 143 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
143 d early
2024
156 d early
2023
34 d early
2022
20 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€63k▼ 51.7%
2024 · €129k
2022: €29k
2023: €79k
2024: €129k
2022 → 2025
Total assets
€104k▼ 31.5%
2024 · €151k
2022: €42k
2023: €100k
2024: €151k
2022 → 2025
Net result
€45k▼ 11.8%
2024 · €50k
2022: €24k
2023: €50k
2024: €50k
2022 → 2025
Working capital
€55k▼ 56.6%
2024 · €127k
2022: €25k
2023: €76k
2024: €127k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€29k-€79k▲ 173%€129k▲ 64.0%€63k▼ 51.7%
Operating result€31k-€65k▲ 108%€65k▲ 0.8%€59k▼ 10.0%
Net result€24k-€50k▲ 109%€50k▲ 1.1%€45k▼ 11.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €104k
Fixed assets
€8k ▲ 180%
Current assets
€96k ▼ 35.4%
Equity and liabilities €104k
Equity
€63k ▼ 51.7%
Debt
€41k ▲ 87.4%
Debt's share of the balance-sheet total rises from 14.5% to 39.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€61k▼
2024 · €67k
Cash flow
€47k▼
2024 · €53k
Current ratio
2.33▼
2024 · 6.77
Debt to equity
0.66▲
2024 · 0.17
ROE
71.3%▲
2024 · 39.0%
ROA
43.0%▲
2024 · 33.4%
Interest coverage
30.67▼
2024 · 91.44
Debt ≤ 1 year
€41k▲
2024 · €22k
Income taxes
€12k▼
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€151k€104k▼
Fixed assets21/28€3k€8k▲
Tangible fixed assets22/27€3k€8k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26-€4k
Current assets29/58€149k€96k▼
Amounts receivable within one year40/41€13k€12k▼
Trade receivables40€13k€12k▼
Current investments50/53-€11k
Cash at bank and in hand54/58€133k€55k▼
Deferred charges and accrued income490/1€3k€18k▲
Equity and liabilities
Total equity and liabilities10/49€151k€104k▼
Equity10/15€129k€63k▼
Contributions10/11€5k€5k=
Reserves13€124k€58k▼
Distributable reserves133€124k€58k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€22k€41k▲
Amounts payable within one year42/48€22k€41k▲
Trade debts44€878€1k▲
Suppliers440/4€878€1k▲
Taxes, remuneration and social security45€21k€10k▼
Taxes450/3€21k€10k▼
Other amounts payable47/48-€30k
Income statement
Code20242025
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€396€547▲
Non-recurring operating charges66A€0€403▲
Gross operating margin9900€68k€62k▼
Operating profit (loss)9901€65k€59k▼
Financial income75/76B€0€263▲
Recurring financial income75€0€263▲
Financial charges65/66B€737€2k▲
Recurring financial charges65€737€2k▲
Profit (loss) for the period before taxes9903€64k€57k▼
Income taxes67/77€14k€12k▼
Profit (loss) for the period9904€50k€45k▼
Profit (loss) for the period to be appropriated9905€50k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€50k€45k▼
Transfer from equity791/2-€111k
Transfer to equity691/2€50k€45k▼
To other reserves6921€50k€45k▼
Profit to be distributed694/7-€111k
Return on contributions (dividend)694-€111k
The notes to these accounts (7 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
10-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €50k ▲1.1%
Operating result €65k, net result €50k, both a record.
31-12
Financial
Equity above €100kEq €129k ▲64%
3 profitable years in a row build equity to €129k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2022
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.
Zonnebloemstraat(BEV) 99120 Beveren-Kruibeke-ZwijndrechtGround area
345 m²
Building footprint
111 m²
Volume, LiDAR
699 m³
Parcel 46003B0542/00H000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Picavet IT
since 20222.332.965.014
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46003B0542/00H000 | Flanders | 345 m² | 1 · 111 m² | 9.9 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.
Similar companies · same sector, comparable size
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DLT CONSULTING
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MicMatic
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 15,484 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.