Skip to content

Straight Up IT

Active
Private limited companyfounded 20179 yrs activeMerkenstraat 25, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0677.651.502

Straight Up IT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €325k and a net result of €101k. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 44% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
91 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+4
Solvency78▼-7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.88 against 5.99 in 2024; short-term debt: 10.8% and cash: 38.1% of total assets), and 47.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
52.9%
Return on assets
16.4%
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 29-07-2026, 2 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
2 d early
2024
8 d early
2023
1 d early
2022
3 d early
2021
2 d early
2020
on the day
2019
2 d early
← 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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€325k▲ 32.5%
2024 · €245k
2018: €71k 2019: €92k 2020: €138k 2021: €169k 2022: €207k 2023: €249k 2024: €245k
2018 → 2025
Total assets
€613k▲ 49.2%
2024 · €411k
2018: €146k 2019: €345k 2020: €401k 2021: €401k 2022: €415k 2023: €439k 2024: €411k
2018 → 2025
Net result
€101k▲ 88.4%
2024 · €53k
2018: €59k 2019: €21k 2020: €45k 2021: €31k 2022: €38k 2023: €41k 2024: €53k
2018 → 2025
Working capital
€191k▲ 14.5%
2024 · €167k
2018: €55k 2019: €31k 2020: €46k 2021: €83k 2022: €121k 2023: €169k 2024: €167k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€169k-€207k▲ 22.5%€249k▲ 19.9%€245k▼ 1.5%€325k▲ 32.5%
Operating result€50k-€59k▲ 18.0%€63k▲ 7.6%€78k▲ 23.2%€130k▲ 67.4%
Net result€31k-€38k▲ 21.5%€41k▲ 8.4%€53k▲ 29.4%€101k▲ 88.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €50k€50kNet result 2021: €31k€31kOperating result 2022: €59k€59kNet result 2022: €38k€38kOperating result 2023: €63k€63kNet result 2023: €41k€41kOperating result 2024: €78k€78kNet result 2024: €53k€53kOperating result 2025: €130k€130kNet result 2025: €101k€101k20212022202320242025
The operating result has risen four years in a row; 2025 is 67% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €613k
Fixed assets €356k▲ 68.9%
Current assets €258k▲ 28.5%
Equity and liabilities €613k
Equity €325k▲ 32.5%
Debt €288k▲ 73.9%
The debt ratio rises from 40.4% to 47.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€156k
2024 · €100k
Cash flow
€126k
2024 · €75k
Solvency
52.9%
2024 · 59.6%
Current ratio
3.88
2024 · 5.99
Quick ratio
3.88
2024 · 5.99
Debt / equity
0.89
2024 · 0.68
ROE
31.0%
2024 · 21.8%
ROA
16.4%
2024 · 13.0%
Interest coverage
41.45
2024 · 36.76
Debt
€288k
2024 · €166k
Debt ≤ 1 year
€66k
2024 · €33k
Debt > 1 year
€222k
2024 · €132k
Income taxes
€33k
2024 · €21k
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€411k€613k
Fixed assets21/28€210k€356k
Tangible fixed assets22/27€210k€356k
Land and buildings22€204k€197k
Plant, machinery and equipment23€3k€2k
Furniture and vehicles24€3k€157k
Current assets29/58€200k€258k
Amounts receivable within one year40/41€15k€20k
Trade receivables40€15k€20k
Other amounts receivable41€27€27=
Current investments50/53€100k-
Cash at bank and in hand54/58€84k€234k
Deferred charges and accrued income490/1€1k€4k
Equity and liabilities
Total equity and liabilities10/49€411k€613k
Equity10/15€245k€325k
Contributions10/11€12k€12k=
Reserves13€233k€312k
Tax-exempt reserves132€3k€4k
Distributable reserves133€230k€308k
Amounts payable17/49€166k€288k
Amounts payable after more than one year17€132k€222k
Financial debts170/4€132k€222k
Amounts payable within one year42/48€33k€66k
Current portion of amounts payable after more than one year42€19k€40k
Trade debts44€1k€3k
Suppliers440/4€1k€3k
Taxes, remuneration and social security45€12k€23k
Taxes450/3€12k€23k
Other amounts payable47/48€2k€651
Income statement Code20242025
Non-recurring operating income76A-€45k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€26k
Other operating charges640/8€3k€3k
Gross operating margin9900€102k€158k
Operating profit (loss)9901€78k€130k
Financial income75/76B-€8k
Recurring financial income75-€8k
Financial charges65/66B€3k€4k
Recurring financial charges65€3k€4k
Profit (loss) for the period before taxes9903€75k€134k
Income taxes67/77€21k€33k
Profit (loss) for the period9904€53k€101k
Transfer to tax-exempt reserves689€1k€1k=
Profit (loss) for the period to be appropriated9905€52k€100k
Appropriation of the result
Profit (loss) to be appropriated9906€52k€100k
Transfer from equity791/2€57k€21k
Transfer to equity691/2€52k€100k
To other reserves6921€52k€100k
Profit to be distributed694/7€57k€21k
Return on contributions (dividend)694€57k€21k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €101k ▲88.4%
Operating result €130k, net result €101k, both a record.
23-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Equity above €200kEq €207k ▲22.5%
5 profitable years in a row build equity to €207k.
29-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €150kEq €169k ▲22.7%
4 profitable years in a row build equity to €169k.
31-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €100kEq €138k ▲49.2%
3 profitable years in a row build equity to €138k.
29-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €21k ▼64.2%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
20-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Tongeren-Borgloon · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

Merkenstraat 253700 Tongeren-Borgloon
Ground area
272 m²
Building footprint
106 m²
Volume, LiDAR
563 m³
Parcel 73347A0301/00B005, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Straight Up IT
Merkenstraat 25, 3700 Tongeren-BorgloonComputer programming, consultancy and related activities
since 20172.265.585.052
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73347A0301/00B005 Flanders 272 m² 1 · 106 m² 9.5 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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 281 EUR awarded · 281 EUR paid
Year Entries awardedpaid
2024 1 281 EUR281 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 281 EUR · 281 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 13,520 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-06-2017
Fiscal year end31-12
Abbreviation NL SUIT
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.