Equity
€384,421 ▼ 10.2%
Trustbit paid out €73,250 in dividends. That is 246% of the 2025 profit.
Trustbit
Lifetime
5 annual accounts with figures on one time axispeak €344,507 (2023)
€161,941▼ 8.4%
peak €215,747 (2023)
€29,813▼ 66.0%
peak €427,858 (2024)
€384,421▼ 10.2%
€725,858▲ 183%
Board2 names since 2020
2 directorsBRACKE Tim Christiaan Walter and 1 other
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Result from €87,630 to €29,813Dividend €73,250Debts from €256,586 to €725,858Investments €660,153Cash from €180,393 to €49,636
Key points
from the 2025 annual accountsResult
€29,813 ▼ 66.0%
The result fell in 2025 from €87,630 to €29,813.
Debts
€725,858 ▲ 183%
Debts rose by €469,272 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€660,153 5.3 × depreciation
Green is investment, beige is depreciation.
Filings
5 annual accounts 3 late
The 2024 accounts came latest: 41 days after the end of the period.
Position in the sector
€384,421
More equity than 92% of companies in computer programming and consultancy. Sector median €69,072 · 21,214 companies.
Checked score
89
Excellent
Financially stronger than 31% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: 0.1%▲ +0.1 percentage points vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.2%▲ +0.1 percentage points vs 08-2025highest value
10-2025: < 0.1%▼ -0.2 percentage points vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: 0.1%▲ +0.1 percentage points vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 of the last 3 accounts late
Liquidity: current ratio 1.94, cash €49,636, halved
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €1.1m
Calculation
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, 30% on liquidity, 30% on profitability and 31% on growth.
The bankruptcy probability was computed on 09-11-2026 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).
Comparable companies, two years later
In July 2024, 1,639 companies had the same profile as Trustbit has now. Each dot stands for 5 companies, two years later.
95.5%
were still trading
3.7%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Trustbit itself: 0.1% within 12 months.
Test of the method
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 1,639 companies, not a prediction for Trustbit. 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.
Credit verdict
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.94 (2.57 in 2024), above the usual 1.5. Short-term debt is 18.9% and cash 4.5% of total assets. However, 65.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
41 days late
2023
15 days early
2022
31 days late
2021
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 18 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.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- BRACKE Tim Christiaan Walter founderdeed of 10-03-2020
- VANDEWALLE Kathleen Maria Liliane Cornelia founderdeed of 10-03-2020
- Tim Bracke 125 sharesdeed of 10-03-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0744836472
Appointment: Kathleen Vandewalle (director)
General meeting of 04-01-2021 · Gazette deed
Incorporation
Founders: BRACKE Tim Christiaan Walter and VANDEWALLE Kathleen Maria Liliane Cornelia · 250 shares · Appointment: BRACKE Tim Christiaan Walter (director) · published on 10-03-2020 · Gazette deed
First establishment
Markussenhof 6, Lochristi
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Trustbit Lochristi | €1.1m | €161,941 | 34.6% | - |
| Aecon Zottegem | €1.0m | €145,393 | 17.5% | - |
| Foxy solutions Ganshoren | €1.1m | €161,068 | -0.5% | - |
| REIGEL INVESTMENT Brussels | €1.1m | €173,182 | 68.3% | - |
| FILOSOFANT Lierde | €0.9m | €178,159 | 18.6% | - |
| VERIT Destelbergen | €1.1m | €179,237 | 40.9% | - |
| IT4two Aalst | €1.1m | €189,508 | 94.2% | - |
These companies have the same main activity as Trustbit: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €931,000 and €1.1m, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 06-03-2020Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 2 others
- Establishment unit
- 2.300.081.7179080 Lochristi, since 06-03-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 05-02-2026
Annual accounts 2025
- ≈ €250,000estimated
- €1.1m▲ 62.2%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on Trustbit
Trustbit files the micro format. That format states no turnover. The gross margin fell from €167,696 in 2021 to €161,941 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Trustbit
- What is the company number of Trustbit?
- The company number of Trustbit is 0744.836.472. The VAT number is the same number with BE in front: BE 0744.836.472.
- Where is Trustbit based?
- The registered office is at Markussenhof 6, 9080 Lochristi.Company details
- What does Trustbit do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of Trustbit?
- Trustbit is a private limited company (BV).
- When was Trustbit founded?
- Trustbit was founded on 06-03-2020.
- Is Trustbit still active?
- Yes, Trustbit is an active enterprise in the KBO register.
- What is the turnover of Trustbit?
- The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €161,941 and 42 comparable companies (NACE 62200). It probably lies between €220,000 and €310,000.Financials
- Is Trustbit profitable?
- In financial year 2025, Trustbit made a profit of €29,813.
- Where can I find the annual accounts of Trustbit?
- Trustbit filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Trustbit due?
- Trustbit must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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