Equity
SITBACK paid out €7,655 in dividends. That is 32% of the 2025 profit.
SITBACK paid out €7,655 in dividends. That is 32% of the 2025 profit.
The micro format states no turnover.
Short-term debts rose from €15,626 to €19,003.
The 2022 accounts came latest: 30 days after the end of the period.
Less equity than 83% of companies in computer programming and consultancy. Sector median €69,058 · 21,211 companies.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 32% of them on solvency, 48% on liquidity, 82% on profitability and 96% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as SITBACK has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of SITBACK itself is lower: 0.1% within 12 months. It rests on far more data about SITBACK than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for SITBACK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.51 (0.52 in 2024), above the usual 1.5. Short-term debt is 66% and cash 59.5% of total assets. However, 66% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 4 accounts on average 13 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| SITBACK Watermael-Boitsfort | €28,814 | €27,102 | 34.0% | - |
| PREDICAT Molenbeek-Saint-Jean | €29,028 | €38,387 | -59.2% | - |
| INTERMETA Knokke-Heist | €27,628 | €23,121 | 41.0% | - |
| CNTRST Merelbeke-Melle | €36,846 | €34,642 | 9.9% | - |
| Bureau de consultance MSB² Sambreville | €20,639 | €34,474 | 2.2% | - |
| Logiweb Lasne | €42,726 | €35,792 | 30.0% | - |
| Blockchain Creek Zele | €41,113 | €20,588 | -1418.1% | - |
These companies have the same main activity as SITBACK: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €20,600 and €42,700, founded between 2020 and 2022.
SITBACK files the micro format. That format states no turnover. The gross margin rose from €11,096 in 2022 to €27,102 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 30% of 21,205 companies in 2025.
Higher than 33% of 20,568 companies in 2025.
Higher than 95% of 20,743 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
28,814 | 8,825 | 14,058 | 14,133 | |
20 |
122 | 317 | 512 | 707 | |
21/28 |
- | 329 | 686 | 1,044 | |
22/27 |
- | 329 | 686 | 1,044 | |
24 |
- | 329 | 686 | 1,044 | |
29/58 |
28,692 | 8,179 | 12,860 | 12,381 | |
40/41 |
4,309 | 3,523 | 417 | 61 | |
40 |
37 | - | 417 | 61 | |
41 |
4,272 | 3,523 | - | - | |
54/58 |
17,144 | 4,656 | 12,442 | 12,321 | |
490/1 |
7,240 | - | - | - | |
| Balance sheet: equity and liabilities | |||||
10/49 |
28,814 | 8,825 | 14,058 | 14,133 | |
10/15 |
9,811 | -6,807 | 9,732 | 9,655 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | |
13 |
- | 7,655 | 7,655 | 7,655 | |
133 |
- | 7,655 | 7,655 | 7,655 | |
14 |
7,811 | -16,461 | 78 | - | |
17/49 |
19,003 | 15,632 | 4,326 | 4,478 | |
42/48 |
19,003 | 15,626 | 4,326 | 4,478 | |
44 |
852 | 14,931 | 1,305 | 740 | |
440/4 |
852 | 14,931 | 1,305 | 740 | |
45 |
2,751 | 19 | 2,345 | 3,620 | |
450/3 |
2,751 | 19 | 2,345 | 3,620 | |
47/48 |
15,400 | 676 | 676 | 119 | |
492/3 |
- | 5 | - | - | |
| Income statement | |||||
70 |
- | - | - | 17,803 | |
9900 |
27,102 | -15,753 | 820 | 11,096 | |
60/61 |
- | - | - | 6,708 | |
630 |
524 | 553 | 553 | 298 | |
9901 |
26,578 | -16,306 | 267 | 10,798 | |
75/76B |
- | - | 1 | - | |
75 |
- | - | 1 | - | |
65/66B |
135 | 233 | 171 | 273 | |
65 |
135 | 233 | 171 | 273 | |
9903 |
26,443 | -16,539 | 97 | 10,525 | |
67/77 |
2,171 | - | 19 | 2,870 | |
9904 |
24,272 | -16,539 | 78 | 7,655 | |
9905 |
24,272 | -16,539 | 78 | 7,655 | |
| Appropriation of the result | |||||
9906 |
7,811 | -16,461 | 78 | 7,655 | |
14P |
-16,461 | 78 | 0 | - | |
791/2 |
7,655 | - | - | - | |
691/2 |
- | - | - | 7,655 | |
6921 |
- | - | - | 7,655 | |
694/7 |
7,655 | - | - | - | |
694 |
7,655 | - | - | - | |
| Document | |||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 22-07-2026.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 27,102 | -15,753 | 820 | 11,096 | ||
| 24,796 | -15,986 | 631 | 7,952 | ||
| 317 | 195 | 195 | 1,074 | ||
| 12,488 | -7,786 | 122 | - | ||
| 9,689 | -7,447 | 8,534 | 7,903 | ||
| - | - | - | 60.7% | ||
| 34.0% | -77.1% | 69.2% | 68.3% | ||
| 1.51 | 0.52 | 2.97 | 2.76 | ||
| 1.94 | - | 0.44 | 0.46 | ||
| 247.4% | - | 0.8% | 79.3% | ||
| 84.2% | -187.4% | 0.6% | 54.2% | ||
| over 100 | -67.50 | 4.80 | 40.66 | ||
| - | - | - | 1 day | ||
| - | - | - | 40 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €1,074 |
| €524 | €553 | €553 | €298 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €26,578, after a loss of €16,306 in 2024. It is the highest result since 2022.
Debt's share of the balance-sheet total is 66.0%.
SITBACK has no parent and no holdings in its annual accounts. DECOSTER Benjamin Etienne Emile is the only director.
| L'Arbre Violet
registered office since 12-04-2024 |
founded in 2024 1008.350.533 |
| ODELENS CONSULT via Olivier DELENS, at SITBACK until 2024 · Permanent representative · deed of 30-09-2026 founded in 2017 · accounts filed late |
1 FTE (2024) |
| FAIR ESTATE INVEST via Olivier DELENS, at SITBACK until 2024 · Director · deed of 02-06-2025 founded in 1989 · group ROGLINE |
total assets €21.9m (2025) |
| FAIR ESTATE via Olivier DELENS, at SITBACK until 2024 · Director · deed of 02-06-2025 founded in 2012 · group ROGLINE |
1 FTE (2025) |
| Fondation BE Central via Olivier DELENS, at SITBACK until 2024 · Director · deed of 03-06-2021 founded in 2021 |
total assets €99,773 (2025) |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
SITBACK was incorporated on 18 August 2021 as a private limited company by two natural persons, with a starting capital of €2,000.12 The registered office moved to Brussels in 2024 and to Watermael-Boitsfort in 2025.34 DECOSTER Benjamin Etienne Emile is director of the company, appointed by deed of 20-08-2021.2 Total assets rose from €14,133 in 2022 to €28,814 in 2025.5
| Establishment | Since | Unit number |
|---|---|---|
| Raymond Volckericksquare 15 registered office 1170 Watermael-Boitsfort | ||
| - Beukenootjesstraat 25, 1120 Brussels | 18-08-2021 | 2.321.878.805 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21819B0217/00L000 | 453 m² | 1 · 293 m² | 13.3 m · 4 |
| 21652E0010/00R007 | 124 m² | 1 · 53 m² | 9.3 m · 2 |
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