THRIVE ON IT
ActiveSummary
THRIVE ON IT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41k and a net result of €26k. Equity is growing by ~116.7% per year across the filed fiscal years. Its solvency ranks better than 51% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency86▲+11
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.58 against 1.98 in 2024; short-term debt: 38.1% and cash: 77.6% of total assets), and 39% of the assets are financed with debt.
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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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
61%
Return on assets
38.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-10-2025, 99 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
99 d early
2024
95 d early
2023
42 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€41k▲ 159%
2024 · €16k
Total assets
€67k▲ 110%
2024 · €32k
Net result
€26k▲ 105%
2024 · €13k
Working capital
€40k▲ 154%
2024 · €16k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202320242025
Operating result€2k-€21k▲ 1,029%€36k▲ 69.8%
Net result€4-€13k▲ 294,305%€26k▲ 105%
Equity€4k-€16k▲ 297%€41k▲ 159%
Total assets€21k-€32k▲ 54.6%€67k▲ 110%
Debt€17k-€16k▼ 3.5%€26k▲ 62.6%
Working capital€4k-€16k▲ 259%€40k▲ 154%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 70% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€1k
Current assets
€66k
Equity and liabilities €67k
Equity
€41k ▲ 159%
Debt
€26k ▲ 62.6%
Debt's share of the balance-sheet total falls from 50.4% to 39.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k
Cash flow
€26k
Current ratio
2.58▲
2024 · 1.98
Debt to equity
0.64▼
2024 · 1.02
ROE
63.4%▼
2024 · 80.0%
ROA
38.7%▼
2024 · 39.7%
Interest coverage
16.59
Debt ≤ 1 year
€26k▲
2024 · €16k
Income taxes
€8k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €121 | - |
| Other operating charges640/8 | €466 | €1k | €1k | ▼ 7.2% |
| Gross operating margin9900 | €2k | €23k | €37k | ▲ 66.0% |
| Operating profit (loss)9901 | €2k | €21k | €36k | ▲ 69.8% |
| Financial charges65/66B | €788 | €2k | €2k | ▼ 2.8% |
| Recurring financial charges65 | €788 | €2k | €2k | ▼ 2.8% |
| Profit (loss) for the period before taxes9903 | €1k | €19k | €34k | ▲ 78.4% |
| Income taxes67/77 | €1k | €6k | €8k | ▲ 24.9% |
| Profit (loss) for the period9904 | €4 | €13k | €26k | ▲ 105% |
| Profit (loss) for the period to be appropriated9905 | €4 | €13k | €26k | ▲ 105% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €21k | €32k | €67k | ▲ 110% |
| Fixed assets21/28 | - | - | €1k | - |
| Tangible fixed assets22/27 | - | - | €1k | - |
| Furniture and vehicles24 | - | - | €1k | - |
| Current assets29/58 | €21k | €32k | €66k | ▲ 106% |
| Amounts receivable within one year40/41 | €11k | €13k | €14k | ▲ 3.6% |
| Trade receivables40 | €11k | €13k | €14k | ▲ 3.6% |
| Cash at bank and in hand54/58 | €10k | €19k | €52k | ▲ 180% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €21k | €32k | €67k | ▲ 110% |
| Equity10/15 | €4k | €16k | €41k | ▲ 159% |
| Contributions10/11 | €4k | €4k | €4k | = |
| Reserves13 | €4 | €12k | €37k | ▲ 212% |
| Distributable reserves133 | €4 | €12k | €37k | ▲ 212% |
| Profit (loss) carried forward14 | - | €0 | €0 | - |
| Amounts payable17/49 | €17k | €16k | €26k | ▲ 62.6% |
| Amounts payable within one year42/48 | €16k | €16k | €26k | ▲ 58.9% |
| Trade debts44 | €450 | €801 | €196 | ▼ 75.5% |
| Suppliers440/4 | €450 | €801 | €196 | ▼ 75.5% |
| Taxes, remuneration and social security45 | €11k | €14k | €21k | ▲ 49.7% |
| Taxes450/3 | €8k | €12k | €19k | ▲ 60.0% |
| Remuneration and social security454/9 | €3k | €2k | €2k | = |
| Other amounts payable47/48 | €5k | €1k | €4k | ▲ 287% |
| Accrued charges and deferred income492/3 | €423 | €0 | €597 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €4 | €13k | €26k | ▲ 105% |
| + Depreciation and write-downs630 | - | - | €121 | - |
| Operating cash flow (approximation) | €4 | €13k | €26k | ▲ 106% |
| Change in cash | - | €9k | €34k | ▲ 278% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2023net €26k ▲105%
Operating result €36k, net result €26k, both a record.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Damme · 1 establishment unit since 2022
Ground area
543 m²
Building footprint
135 m²
Volume, LiDAR
518 m³
Parcel 31026D0003/00P044, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
THRIVE ON IT
since 20222.337.795.317
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31026D0003/00P044 | Flanders | 543 m² | 1 · 135 m² | 5.2 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.
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,008 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
Founded10-11-2022
Fiscal year end30-06
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
47789Other retail sale of new goods
62900Other information technology and computer services
62100Computer programming
63920Other information service activities
Scores and ratios are computed by Checked and are not a credit decision.