ReleaseIT
ActiveSummary
ReleaseIT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €-12k. Equity is shrinking by ~27.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 35% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency66▼-34
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 2.85 in 2024; short-term debt: 58.6% and cash: 31.3% of total assets), and 58.6% 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.4%
Return on assets
-26.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-12k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
31 d early
2023
2 d early
2022
26 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▼ 38.7%
2024 · €30k
2022: €46k
2023: €55k▲ +19.5% vs 2022highest in 4 years
2024: €30k▼ -45.5% vs 2023
2025: €18k▼ -38.7% vs 2024lowest in 4 years
2022 → 2025
Total assets
€45k▲ 30.8%
2024 · €34k
2022: €61k
2023: €69k▲ +13.0% vs 2022highest in 4 years
2024: €34k▼ -50.9% vs 2023lowest in 4 years
2025: €45k▲ +30.8% vs 2024
2022 → 2025
Net result
€-12k▲ 53.7%
2024 · €-25k
2022: €16khighest in 4 years
2023: €9k▼ -44.9% vs 2022
2024: €-25k▼ -379% vs 2023lowest in 4 years
2025: €-12k▲ +53.7% vs 2024
2022 → 2025
Working capital
€3k▼ 60.0%
2024 · €7k
2022: €23k
2023: €27k▲ +19.4% vs 2022highest in 4 years
2024: €7k▼ -72.7% vs 2023
2025: €3k▼ -60.0% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€46k-€55k▲ 19.5%€30k▼ 45.5%€18k▼ 38.7%
2022: €46k
2023: €55k▲ +19.5% vs 2022highest in 4 years
2024: €30k▼ -45.5% vs 2023
2025: €18k▼ -38.7% vs 2024lowest in 4 years
Operating result€22k-€14k▼ 37.1%€-22k€-9k▲ 57.6%
2022: €22khighest in 4 years
2023: €14k▼ -37.1% vs 2022
2024: €-22k▼ -256% vs 2023lowest in 4 years
2025: €-9k▲ +57.6% vs 2024
Net result€16k-€9k▼ 44.9%€-25k€-12k▲ 53.7%
2022: €16khighest in 4 years
2023: €9k▼ -44.9% vs 2022
2024: €-25k▼ -379% vs 2023lowest in 4 years
2025: €-12k▲ +53.7% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €22k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45k
Fixed assets
€15k ▼ 31.7%
Current assets
€29k ▲ 155%
Equity and liabilities €45k
Equity
€18k ▼ 38.7%
Debt
€26k ▲ 552%
Debt's share of the balance-sheet total rises from 11.8% to 58.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-1k▲
2024 · €-13k
Cash flow
€-3k▲
2024 · €-16k
Current ratio
1.11▼
2024 · 2.85
Debt to equity
1.42▲
2024 · 0.13
ROE
-63.0%▲
2024 · -83.5%
ROA
-26.1%▲
2024 · -73.7%
Interest coverage
-0.52▲
2024 · -4.46
Debt ≤ 1 year
€26k▲
2024 · €4k
Income taxes
€215▼
2024 · €333
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€34k€45k▲
Fixed assets21/28€23k€15k▼
Tangible fixed assets22/27€22k€14k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€5k€2k▼
Other tangible fixed assets26€9k€8k▼
Financial fixed assets28€357€1k▲
Current assets29/58€11k€29k▲
Amounts receivable within one year40/41€3k€15k▲
Trade receivables40€58€14k▲
Other amounts receivable41€3k€960▼
Cash at bank and in hand54/58€8k€14k▲
Equity and liabilities
Total equity and liabilities10/49€34k€45k▲
Equity10/15€30k€18k▼
Contributions10/11€19k€19k=
Reserves13€28k€28k=
Distributable reserves133€28k€28k=
Profit (loss) carried forward14€-16k€-28k▼
Amounts payable17/49€4k€26k▲
Amounts payable within one year42/48€4k€26k▲
Trade debts44€830€2k▲
Suppliers440/4€830€2k▲
Taxes, remuneration and social security45€333€4k▲
Taxes450/3€333€2k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€3k€20k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼
Other operating charges640/8€758€1k▲
Non-recurring operating charges66A-€9k
Gross operating margin9900€-12k€9k▲
Operating profit (loss)9901€-22k€-9k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-25k€-11k▲
Income taxes67/77€333€215▼
Profit (loss) for the period9904€-25k€-12k▲
Profit (loss) for the period to be appropriated9905€-25k€-12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-28k▼
Profit (loss) brought forward from the previous period14P€9k€-16k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €8k | €9k | €8k | ▼ 9.1% |
| Other operating charges640/8 | €706 | €964 | €758 | €1k | ▲ 56.8% |
| Non-recurring operating charges66A | - | - | - | €9k | - |
| Gross operating margin9900 | €27k | €23k | €-12k | €9k | ▲ 172% |
| Operating profit (loss)9901 | €22k | €14k | €-22k | €-9k | ▲ 57.6% |
| Financial income75/76B | €20 | €4 | €0 | - | - |
| Recurring financial income75 | €20 | €4 | €0 | - | - |
| Financial charges65/66B | €812 | €2k | €3k | €2k | ▼ 26.5% |
| Recurring financial charges65 | €812 | €2k | €3k | €2k | ▼ 26.5% |
| Profit (loss) for the period before taxes9903 | €22k | €12k | €-25k | €-11k | ▲ 53.9% |
| Income taxes67/77 | €5k | €3k | €333 | €215 | ▼ 35.3% |
| Profit (loss) for the period9904 | €16k | €9k | €-25k | €-12k | ▲ 53.7% |
| Profit (loss) for the period to be appropriated9905 | €16k | €9k | €-25k | €-12k | ▲ 53.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €61k | €69k | €34k | €45k | ▲ 30.8% |
| Fixed assets21/28 | €23k | €28k | €23k | €15k | ▼ 31.7% |
| Tangible fixed assets22/27 | €23k | €28k | €22k | €14k | ▼ 36.7% |
| Plant, machinery and equipment23 | €13k | €9k | €8k | €5k | ▼ 42.1% |
| Furniture and vehicles24 | €4k | €8k | €5k | €2k | ▼ 69.0% |
| Other tangible fixed assets26 | - | €10k | €9k | €8k | ▼ 12.2% |
| Assets under construction and advance payments27 | €6k | - | - | - | - |
| Financial fixed assets28 | €357 | €357 | €357 | €1k | ▲ 280% |
| Current assets29/58 | €38k | €41k | €11k | €29k | ▲ 155% |
| Amounts receivable within one year40/41 | €2k | €18k | €3k | €15k | ▲ 339% |
| Trade receivables40 | €116 | €16k | €58 | €14k | ▲ 24,272% |
| Other amounts receivable41 | €2k | €1k | €3k | €960 | ▼ 71.6% |
| Cash at bank and in hand54/58 | €36k | €24k | €8k | €14k | ▲ 75.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €61k | €69k | €34k | €45k | ▲ 30.8% |
| Equity10/15 | €46k | €55k | €30k | €18k | ▼ 38.7% |
| Contributions10/11 | €19k | €19k | €19k | €19k | = |
| Reserves13 | €28k | €28k | €28k | €28k | = |
| Distributable reserves133 | €28k | €28k | €28k | €28k | = |
| Profit (loss) carried forward14 | - | €9k | €-16k | €-28k | ▼ 72.2% |
| Amounts payable17/49 | €15k | €14k | €4k | €26k | ▲ 552% |
| Amounts payable within one year42/48 | €15k | €14k | €4k | €26k | ▲ 552% |
| Trade debts44 | €9k | €718 | €830 | €2k | ▲ 146% |
| Suppliers440/4 | €9k | €718 | €830 | €2k | ▲ 146% |
| Taxes, remuneration and social security45 | €4k | €13k | €333 | €4k | ▲ 1,245% |
| Taxes450/3 | €4k | €13k | €333 | €2k | ▲ 591% |
| Remuneration and social security454/9 | - | - | - | €2k | - |
| Other amounts payable47/48 | €3k | €609 | €3k | €20k | ▲ 589% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €9k | €-25k | €-12k | ▲ 53.7% |
| + Depreciation and write-downs630 | €4k | €8k | €9k | €8k | ▼ 9.1% |
| Operating cash flow (approximation) | €20k | €17k | €-16k | €-3k | ▲ 78.6% |
| Investment in fixed assets (approximation) | - | €-12k | €-4k | €-1k | ▲ 72.3% |
| Change in cash | - | €-12k | €-16k | €6k | ▲ 138% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
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.
0 of 3 acts read
About the unread acts
We know of 3 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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Directors · office · real estate
Directors
3 acts for this company are 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, Mol · 1 establishment unit since 2017
Ground area
895 m²
Building footprint
211 m²
Volume, LiDAR
897 m³
Parcel 13432B0667/00G002, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ReleaseIT
since 20172.271.095.345
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13432B0667/00G002 | Flanders | 895 m² | 1 · 211 m² | 8.4 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 407 EUR awarded · 407 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 407 EUR | 407 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 12,653 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
90201Performing arts by independent artists
90393Specialised image, lighting and sound technical services
90399Other support activities for arts and performing arts
Scores and ratios are computed by Checked and are not a credit decision.