SILVER IT
ActiveSummary
SILVER IT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €500k and a net result of €90k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability88▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 7.44 against 8.16 in 2023; short-term debt: 12.5% and cash: 88.4% of total assets), and 12.5% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young 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 2024Solvency, return and age of the figures
Solvency
87.5%
Return on assets
15.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
37 d early
2022
40 d early
2021
41 d early
2020
40 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€500k▲ 5.5%
2023 · €474k
2018: €292klowest in 7 years
2019: €356k▲ +21.8% vs 2018
2020: €373k▲ +4.7% vs 2019
2021: €362k▼ -2.8% vs 2020
2022: €422k▲ +16.3% vs 2021
2023: €474k▲ +12.5% vs 2022
2024: €500k▲ +5.5% vs 2023highest in 7 years
2018 → 2024
Total assets
€571k▲ 7.2%
2023 · €533k
2018: €317klowest in 7 years
2019: €366k▲ +15.6% vs 2018
2020: €489k▲ +33.4% vs 2019
2021: €452k▼ -7.6% vs 2020
2022: €474k▲ +5.1% vs 2021
2023: €533k▲ +12.4% vs 2022
2024: €571k▲ +7.2% vs 2023highest in 7 years
2018 → 2024
Net result
€90k▼ 5.4%
2023 · €95k
2018: €42klowest in 7 years
2019: €64k▲ +51.5% vs 2018
2020: €106k▲ +66.4% vs 2019highest in 7 years
2021: €105k▼ -1.0% vs 2020
2022: €95k▼ -9.3% vs 2021
2023: €95k▼ -0.5% vs 2022
2024: €90k▼ -5.4% vs 2023
2018 → 2024
Working capital
€459k▲ 9.0%
2023 · €421k
2018: €291klowest in 7 years
2019: €355k▲ +21.9% vs 2018
2020: €372k▲ +4.8% vs 2019
2021: €312k▼ -16.2% vs 2020
2022: €383k▲ +22.8% vs 2021
2023: €421k▲ +10.0% vs 2022
2024: €459k▲ +9.0% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€373k-€362k▼ 2.8%€422k▲ 16.3%€474k▲ 12.5%€500k▲ 5.5%
2020: €373k
2021: €362k▼ -2.8% vs 2020lowest in 5 years
2022: €422k▲ +16.3% vs 2021
2023: €474k▲ +12.5% vs 2022
2024: €500k▲ +5.5% vs 2023highest in 5 years
Operating result€150k-€149k▼ 0.8%€135k▼ 9.5%€134k▼ 0.5%€122k▼ 9.0%
2020: €150khighest in 5 years
2021: €149k▼ -0.8% vs 2020
2022: €135k▼ -9.5% vs 2021
2023: €134k▼ -0.5% vs 2022
2024: €122k▼ -9.0% vs 2023lowest in 5 years
Net result€106k-€105k▼ 1.0%€95k▼ 9.3%€95k▼ 0.5%€90k▼ 5.4%
2020: €106khighest in 5 years
2021: €105k▼ -1.0% vs 2020
2022: €95k▼ -9.3% vs 2021
2023: €95k▼ -0.5% vs 2022
2024: €90k▼ -5.4% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 9% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €571k
Fixed assets
€41k ▼ 22.4%
Current assets
€530k ▲ 10.4%
Equity and liabilities €571k
Equity
€500k ▲ 5.5%
Debt
€71k ▲ 21.0%
Debt's share of the balance-sheet total rises from 11.0% to 12.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€140k▼
2023 · €150k
Cash flow
€108k▼
2023 · €111k
Current ratio
7.44▼
2023 · 8.16
Debt to equity
0.14▲
2023 · 0.12
ROE
17.9%▼
2023 · 20.0%
ROA
15.7%▼
2023 · 17.8%
Interest coverage
808.96▲
2023 · 532.09
Debt ≤ 1 year
€71k▲
2023 · €59k
Income taxes
€37k▼
2023 · €40k
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€533k€571k▲
Fixed assets21/28€53k€41k▼
Tangible fixed assets22/27€53k€41k▼
Furniture and vehicles24€25k€14k▼
Other tangible fixed assets26€28k€27k▼
Current assets29/58€480k€530k▲
Amounts receivable within one year40/41€27k€25k▼
Trade receivables40€27k€25k▼
Cash at bank and in hand54/58€453k€505k▲
Deferred charges and accrued income490/1-€31
Equity and liabilities
Total equity and liabilities10/49€533k€571k▲
Equity10/15€474k€500k▲
Contributions10/11€7k€7k=
Outside capital11€7k-
Share premium1100/10€7k-
Reserves13€464k€490k▲
Distributable reserves133€464k€490k▲
Profit (loss) carried forward14€3k€3k▲
Amounts payable17/49€59k€71k▲
Amounts payable within one year42/48€59k€71k▲
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€14k€12k▼
Taxes450/3€14k€12k▼
Other amounts payable47/48€41k€58k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€18k▲
Other operating charges640/8€434€348▼
Gross operating margin9900€151k€141k▼
Operating profit (loss)9901€134k€122k▼
Financial income75/76B€359€5k▲
Recurring financial income75€359€5k▲
Financial charges65/66B€283€173▼
Recurring financial charges65€283€173▼
Profit (loss) for the period before taxes9903€134k€127k▼
Income taxes67/77€40k€37k▼
Profit (loss) for the period9904€95k€90k▼
Profit (loss) for the period to be appropriated9905€95k€90k▼
Appropriation of the result
Profit (loss) to be appropriated9906€97k€93k▼
Profit (loss) brought forward from the previous period14P€2k€3k▲
Transfer from equity791/2€42k€64k▲
Transfer to equity691/2€94k€90k▼
To other reserves6921€94k€90k▼
Profit to be distributed694/7€42k€64k▲
Return on contributions (dividend)694€42k€64k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €234 | €9k | €12k | €16k | €18k | ▲ 12.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €900 | €-900 | - | - | - |
| Other operating charges640/8 | - | €398 | €1k | €434 | €348 | ▼ 20.0% |
| Gross operating margin9900 | €151k | €160k | €147k | €151k | €141k | ▼ 6.8% |
| Operating profit (loss)9901 | €150k | €149k | €135k | €134k | €122k | ▼ 9.0% |
| Financial income75/76B | - | - | - | €359 | €5k | ▲ 1,246% |
| Recurring financial income75 | - | - | - | €359 | €5k | ▲ 1,246% |
| Financial charges65/66B | - | €81 | €108 | €283 | €173 | ▼ 38.7% |
| Recurring financial charges65 | €72 | €81 | €108 | €283 | €173 | ▼ 38.7% |
| Profit (loss) for the period before taxes9903 | €150k | €149k | €135k | €134k | €127k | ▼ 5.6% |
| Income taxes67/77 | €44k | €44k | €40k | €40k | €37k | ▼ 6.1% |
| Profit (loss) for the period9904 | €106k | €105k | €95k | €95k | €90k | ▼ 5.4% |
| Profit (loss) for the period to be appropriated9905 | €106k | €105k | €95k | €95k | €90k | ▼ 5.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €489k | €452k | €474k | €533k | €571k | ▲ 7.2% |
| Fixed assets21/28 | €701 | €51k | €39k | €53k | €41k | ▼ 22.4% |
| Tangible fixed assets22/27 | €701 | €51k | €39k | €53k | €41k | ▼ 22.4% |
| Furniture and vehicles24 | - | €48k | €37k | €25k | €14k | ▼ 45.3% |
| Other tangible fixed assets26 | - | €3k | €2k | €28k | €27k | ▼ 1.6% |
| Current assets29/58 | €488k | €401k | €436k | €480k | €530k | ▲ 10.4% |
| Amounts receivable within one year40/41 | €42k | €27k | €38k | €27k | €25k | ▼ 9.0% |
| Trade receivables40 | - | €27k | €31k | €27k | €25k | ▼ 9.0% |
| Other amounts receivable41 | - | €189 | €7k | - | - | - |
| Cash at bank and in hand54/58 | €446k | €373k | €397k | €453k | €505k | ▲ 11.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €31 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €489k | €452k | €474k | €533k | €571k | ▲ 7.2% |
| Equity10/15 | €373k | €362k | €422k | €474k | €500k | ▲ 5.5% |
| Contributions10/11 | €61k | - | €7k | €7k | €7k | = |
| Outside capital11 | - | - | €7k | €7k | - | - |
| Share premium1100/10 | - | - | - | €7k | - | - |
| Other1109/19 | - | - | €7k | - | - | - |
| Reserves13 | €310k | €360k | €412k | €464k | €490k | ▲ 5.6% |
| Non-distributable reserves130/1 | - | €7k | - | - | - | - |
| Legal reserve130 | - | €7k | - | - | - | - |
| Distributable reserves133 | - | €353k | €412k | €464k | €490k | ▲ 5.6% |
| Profit (loss) carried forward14 | €2k | €2k | €2k | €3k | €3k | ▲ 4.2% |
| Amounts payable17/49 | €116k | €89k | €53k | €59k | €71k | ▲ 21.0% |
| Amounts payable within one year42/48 | €116k | €89k | €53k | €59k | €71k | ▲ 21.0% |
| Trade debts44 | €593 | €2k | €516 | €4k | €1k | ▼ 68.7% |
| Suppliers440/4 | - | €2k | €516 | €4k | €1k | ▼ 68.7% |
| Taxes, remuneration and social security45 | - | €35k | €17k | €14k | €12k | ▼ 16.7% |
| Taxes450/3 | - | €35k | €17k | €14k | €12k | ▼ 16.7% |
| Other amounts payable47/48 | - | €52k | €35k | €41k | €58k | ▲ 43.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €106k | €105k | €95k | €95k | €90k | ▼ 5.4% |
| + Depreciation and write-downs630 | €234 | €9k | €12k | €16k | €18k | ▲ 12.0% |
| Operating cash flow (approximation) | €106k | €114k | €107k | €111k | €108k | ▼ 2.8% |
| Investment in fixed assets (approximation) | - | €-59k | €0 | €-31k | €-6k | ▲ 79.4% |
| Change in cash | - | €-73k | €24k | €55k | €53k | ▼ 5.1% |
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
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €500k ▲5.5%
7 profitable years in a row build equity to €500k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €106k ▲66.4%
Operating result €150k, net result €106k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 35.44
Current ratio from 12.80 to 35.44; short-term debt falls from €25k to €10k.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Sint-Genesius-Rode · 1 establishment unit since 2010
Ground area
1,146 m²
Building footprint
190 m²
Volume, LiDAR
1,277 m³
2 parcels, Flanders, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Rue Auguste Lannoye 28, 1332 Rixensart
since 20102.185.721.784
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22004D0002/00A002 | Flanders | 1,005 m² | 1 · 141 m² | 7.9 m · 2 fl. |
| 25033B0517/00A000 | Wallonia | 141 m² | 1 · 49 m² | 10.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
BV STORE BE
BE 0552.920.784
Waterloo · Eq €503,892
VDsoft
BE 0892.624.088
Assenede · Eq €504,046
ITF - Consult
BE 0763.940.722
Aalst · Eq €505,309
qomIT
BE 0553.465.865
Olne · Eq €511,434
INFORMATION TECHNOLOGIE AMEYE
BE 0466.538.029
Londerzeel · Eq €488,225
Of 3,225 companies in sector 47400 we hold annual accounts for 1,807. 1,108 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
Founded14-01-2010
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
95100Repair and maintenance of computers and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.