Project PIT
ActiveProject PIT has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €51k. Its solvency ranks better than 48% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency83▲+19
Growth78
Track record82
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 2.22 against 1.55 in 2024; short-term debt: 41.8% and cash: 66.8% of total assets), and 42% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
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
58%
Return on assets
40.1%
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 20-07-2026, 11 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
11 d early
2024
28 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▲ 223%
2024 · €23k
2024: €23k
2024 → 2025
Total assets
€127k▲ 117%
2024 · €58k
2024: €58k
2024 → 2025
Net result
€51k▲ 156%
2024 · €20k
2024: €20k
2024 → 2025
Working capital
€65k▲ 227%
2024 · €20k
2024: €20k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€23k-€74k▲ 223%
Operating result€26k-€67k▲ 156%
Net result€20k-€51k▲ 156%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 156% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €127k
Fixed assets
€9k▲ 204%
Current assets
€117k▲ 112%
Equity and liabilities €127k
Equity
€74k▲ 223%
Debt
€53k▲ 49.1%
The debt ratio falls from 61.0% to 42.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€68k▲
2024 · €26k
Cash flow
€52k▲
2024 · €20k
Solvency
58.0%▲
2024 · 39.0%
Current ratio
2.22▲
2024 · 1.55
Quick ratio
2.22▲
2024 · 1.55
Debt / equity
0.72▼
2024 · 1.56
ROE
69.0%▼
2024 · 86.8%
ROA
40.1%▲
2024 · 33.9%
Interest coverage
29.39▼
2024 · 29.93
Debt
€53k▲
2024 · €36k
Debt ≤ 1 year
€53k▲
2024 · €36k
Income taxes
€14k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€58k€127k▲
Fixed assets21/28€3k€9k▲
Tangible fixed assets22/27€3k€9k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24-€2k
Other tangible fixed assets26€3k€6k▲
Current assets29/58€55k€117k▲
Amounts receivable within one year40/41€22k€30k▲
Trade receivables40€22k€30k▲
Cash at bank and in hand54/58€32k€85k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€58k€127k▲
Equity10/15€23k€74k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€20k€71k▲
Amounts payable17/49€36k€53k▲
Amounts payable within one year42/48€36k€53k▲
Trade debts44€2k€9k▲
Suppliers440/4€2k€9k▲
Taxes, remuneration and social security45€27k€42k▲
Taxes450/3€22k€37k▲
Remuneration and social security454/9€6k€5k▼
Other amounts payable47/48€6k€1k▼
Accrued charges and deferred income492/3-€250
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28€1k▲
Other operating charges640/8€63€181▲
Gross operating margin9900€26k€68k▲
Operating profit (loss)9901€26k€67k▲
Financial income75/76B-€8
Recurring financial income75-€8
Financial charges65/66B€874€2k▲
Recurring financial charges65€874€2k▲
Profit (loss) for the period before taxes9903€25k€65k▲
Income taxes67/77€5k€14k▲
Profit (loss) for the period9904€20k€51k▲
Profit (loss) for the period to be appropriated9905€20k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€71k▲
Profit (loss) brought forward from the previous period14P-€20k
The notes to these accounts (6 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
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, Waregem · 1 establishment unit since 2024
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.
Leenakkerstraat 488791 WaregemGround area
433 m²
Building footprint
133 m²
Volume, LiDAR
901 m³
Parcel 34006B0350/00K004, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Project PIT
since 20242.362.742.925
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006B0350/00K004 | Flanders | 433 m² | 1 · 133 m² | 10.5 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.
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,392. 15,559 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-2024
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.