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SITECTS

Active
Private limited companyfounded 2024active for 1 yearStichelweg 11, 3360 Bierbeek, BelgiumKBO/BCE: BE 1015.871.595

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

SITECTS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59,487 and a net result of €57,320. Its solvency ranks better than 64% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
30-09-2025
Filed on
08-04-2026
Format
micro format
Reference
2026-00079140
Turnover
≈ €140,000
Estimated: probably between €130,000 and €190,000
Total assets
€82,534
Net result
€57,320
Working capital
€59,391

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Equity and liabilities €82,534
Equity €59,487
Debt €23,047
Debt's share of the balance-sheet total is 27.9%.
Key figures and ratios
2025 value
EBITDA
€73,401
Cash flow
€58,390
Current ratio
3.58
Debt to equity
0.39
ROE
96.4%
ROA
69.5%
Interest coverage
over 100
Debt ≤ 1 year
€23,047
Income taxes
€15,006

Companies with the same profile, two years later

Historical observation

In July 2024, 11,279 companies had the same profile as SITECTS has now. Two years later, 0.7% had gone bankrupt and 96.6% were still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% was still going

That fits the bankruptcy probability of SITECTS itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 11,279 companies, not a prediction for SITECTS. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 30 lines

Source: Annual accounts 2025 at the NBB, filed on 08-04-2026.

Balance sheet Code2025
Assets
Total assets20/58€82,534
Formation expenses20€96
Current assets29/58€82,438
Amounts receivable within one year40/41€11,144
Trade receivables40€11,144
Cash at bank and in hand54/58€71,294
Equity and liabilities
Total equity and liabilities10/49€82,534
Equity10/15€59,487
Contributions10/11€3,000
Profit (loss) carried forward14€56,487
Amounts payable17/49€23,047
Amounts payable within one year42/48€23,047
Trade debts44€657
Suppliers440/4€657
Taxes, remuneration and social security45€21,382
Taxes450/3€21,382
Other amounts payable47/48€1,007
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,070
Other operating charges640/8€387
Gross operating margin9900€73,788
Operating profit (loss)9901€72,331
Financial charges65/66B€5
Recurring financial charges65€5
Profit (loss) for the period before taxes9903€72,326
Income taxes67/77€15,006
Profit (loss) for the period9904€57,320
Profit (loss) for the period to be appropriated9905€57,320
Appropriation of the result
Profit (loss) to be appropriated9906€57,320
Profit to be distributed694/7€833
Return on contributions (dividend)694€833

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,070
Other operating charges640/8€387
Gross operating margin9900€73,788
Operating profit (loss)9901€72,331
Financial charges65/66B€5
Recurring financial charges65€5
Profit (loss) for the period before taxes9903€72,326
Income taxes67/77€15,006
Profit (loss) for the period9904€57,320
Profit (loss) for the period to be appropriated9905€57,320
Line2025
Assets
Total assets20/58€82,534
Formation expenses20€96
Current assets29/58€82,438
Amounts receivable within one year40/41€11,144
Trade receivables40€11,144
Cash at bank and in hand54/58€71,294
Equity and liabilities
Total equity and liabilities10/49€82,534
Equity10/15€59,487
Contributions10/11€3,000
Profit (loss) carried forward14€56,487
Amounts payable17/49€23,047
Amounts payable within one year42/48€23,047
Trade debts44€657
Suppliers440/4€657
Taxes, remuneration and social security45€21,382
Taxes450/3€21,382
Other amounts payable47/48€1,007
Line2025
Profit (loss) for the period9904€57,320
+ Depreciation and write-downs630€1,070
Operating cash flow (approximation)€58,390

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference Document
30-09-2025 micro format 08-04-2026 2026-00079140 NBB

Comparable companies

These companies have the same main activity as SITECTS: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €76,400 and €93,300, founded in 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
SITECTS Bierbeek2024€82,534€59,487€73,788€57,3202025
Smart Spaces and Places Mgmt Boutersem2024€83,266€55,944€74,500€54,9442025
MUTUO Kapelle-op-den-Bos2024€76,380€58,423€71,586€53,4232025
BRIGHTBIRDS Herent2024€88,291€66,471€79,587€58,1862025
Béra Solutions Dilbeek2024€93,341€59,212€72,980€50,1652025
Pretzel IT Consulting Wezembeek-Oppem2024€92,081€60,546€70,219€55,5462025
InfiniIT Aarschot2024€92,859€62,220€77,576€61,2202025

They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.