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VIRTU-IT

Active
Private limited companyfounded 2024active for 2 yearsResteleustraat(Ove) 4, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 1011.619.829
Summary

VIRTU-IT has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15,502 and a net result of €12,502. Its solvency ranks better than 36% of 20,537 sector peers (NACE 62, financial year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200
1 site
Size
≈ €91,000turnover 2024, estimated
Staff
≈ 0 FTE, estimated
Equity
€15,502
Profit
€12,502
Turnover estimated from the gross margin
Financial health
84 Excellent Checked score 2024
Bankruptcy probabilitywithin 12 months
0.4%
Structure
2024 accounts filed 28 days late
Why 84raises riskFigures for financial year 2024 (filed 28-08-2025)Founded in 2024lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.92, cash €14,887Show the evidence

Checked score

Score 2024
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 62, micro)
Financial strength
Strong
Solvency 73
equity 47.8% of total assets
Liquidity 74
short-term debt 52.2% · cash 45.9%
Profitability 100
return on assets 38.5%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,901 companies, NACE 62, micro)
Last 24 months 08-2025: 0.4% 09-2025: < 0.1%▼ -0.4 percentage points vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 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%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: 0.4%▲ +0.2 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.92, above the usual 1.5; short-term debt: 52.2% and cash: 45.9% of total assets), but 52.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 41% on solvency, 57% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 30-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 28-08-2025)
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.92, cash €14,887
NBB · annual accounts
raises risk · 2024 accounts filed 28 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 28 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. IncorporationAppointment: LEDUC Timothy (director) ·…

Financials · financial year 2024, micro format

2024 annual accounts filed late (28 days) Filed on 28 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00444380.

Turnover
≈ €91,000
Estimated: probably between €43,000 and €170,000
Total assets
€32,437
Net result
€12,502
Working capital
€15,502

Turnover and EBIT margin 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 €32,437
Equity €15,502
Debt €16,935
Debt finances 52.2% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
1.92
Debt to equity
1.09
ROE
80.6%
ROA
38.5%
Debt ≤ 1 year
€16,935
Income taxes
€3,270
Staff costs
€672

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€32,437
Current assets29/58€32,437
Amounts receivable within one year40/41€16,878
Trade receivables40€11,979
Other amounts receivable41€4,899
Cash at bank and in hand54/58€14,887
Deferred charges and accrued income490/1€672
Equity and liabilities
Total equity and liabilities10/49€32,437
Equity10/15€15,502
Contributions10/11€3,000
Reserves13€12,502
Distributable reserves133€12,502
Amounts payable17/49€16,935
Amounts payable within one year42/48€16,935
Trade debts44€3,367
Suppliers440/4€3,367
Taxes, remuneration and social security45€13,568
Taxes450/3€10,218
Remuneration and social security454/9€3,350
Income statement Code2024
Remuneration, social security and pensions62€672
Gross operating margin9900€16,204
Operating profit (loss)9901€15,532
Financial income75/76B€288
Recurring financial income75€288
Financial charges65/66B€47
Recurring financial charges65€47
Profit (loss) for the period before taxes9903€15,773
Income taxes67/77€3,270
Profit (loss) for the period9904€12,502
Profit (loss) for the period to be appropriated9905€12,502
Appropriation of the result
Profit (loss) to be appropriated9906€12,502
Transfer to equity691/2€12,502
To other reserves6921€12,502

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€672
Gross operating margin9900€16,204
Operating profit (loss)9901€15,532
Financial income75/76B€288
Recurring financial income75€288
Financial charges65/66B€47
Recurring financial charges65€47
Profit (loss) for the period before taxes9903€15,773
Income taxes67/77€3,270
Profit (loss) for the period9904€12,502
Profit (loss) for the period to be appropriated9905€12,502
Line2024
Assets
Total assets20/58€32,437
Current assets29/58€32,437
Amounts receivable within one year40/41€16,878
Trade receivables40€11,979
Other amounts receivable41€4,899
Cash at bank and in hand54/58€14,887
Deferred charges and accrued income490/1€672
Equity and liabilities
Total equity and liabilities10/49€32,437
Equity10/15€15,502
Contributions10/11€3,000
Reserves13€12,502
Distributable reserves133€12,502
Amounts payable17/49€16,935
Amounts payable within one year42/48€16,935
Trade debts44€3,367
Suppliers440/4€3,367
Taxes, remuneration and social security45€13,568
Taxes450/3€10,218
Remuneration and social security454/9€3,350
Line2024
Profit (loss) for the period9904€12,502
Operating cash flow (approximation)€12,502

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 28-08-2025 2025-00444380

Similar companies · same sector, comparable size

Of the 29,902 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,962. 12,368 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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

Directors

Directors
1 director, no change since 2024
LEDUC Timothy
Director (not named in the articles) · since 18-07-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
LEDUC Timothy
  • Director (not named in the articles), from 18-07-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 18-07-2024 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 18-07-2024 Incorporation · €3,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 16 July 2024, VIRTU-IT was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 LEDUC Timothy has served as director of the company since 2024.2 The company has filed annual accounts once, for financial year 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 18-07-2024
  3. 3National Bank, annual accounts 2024

Acts, filings and financial milestones

2025
28-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 28 days late
2024
18-07
Gazette deed Incorporation
Appointment: LEDUC Timothy (director) · Permanent representative: LEDUC Timothy · Founder7 facts ▸
  • Incorporation, 15-07-2024
  • Founder, LEDUC Timothy
  • Founding capital, €3,000
  • Registered office clause, “9500 Geraardsbergen (Overboelare),Resteleustraat 4” (deed in Dutch)
  • Director appointment, LEDUC Timothy (director (not named in the articles))
  • Permanent representative, LEDUC Timothy (vaste vertegenwoordiger voor uitoefening van bestuursmandaten door de vennootschap)
  • Pre-incorporation commitments, “takeover, verbintenissen in naam van vennootschap in oprichting” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded16-07-2024
Financial year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
58210Publishing activities
62900Other information technology and computer services
62100Computer programming
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011619829
Also 9925:BE1011619829
Registered 05-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Geraardsbergen · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
1,527 m²
Building footprint
156 m²
Building volume
583 m³
Parcel 41056B0330/00H000, Flanders · tallest building 13.0 m. Linked by address, not a title deed.
1 establishment unit
VIRTU-IT
Resteleustraat(Ove) 4, 9500 GeraardsbergenComputer consultancy and computer facilities management
since 2024unit no. 2.363.295.924
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
41056B0330/00H000 Flanders 1,527 m² 1 · 156 m² 13.0 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Activiteiten van systeemintegrators; Verlenen van advies aan de gebruikers over soorten computers(hardware)en hun configuratie en de…” (deed in Dutch)
38 activities (deed in Dutch)
  1. Activiteiten van systeemintegrators.
  2. Verlenen van advies aan de gebruikers over soorten computers(hardware)en hun configuratie en de toepassing van bijbehorende programmatuur(software).
  3. Adviesbureaus op het gebied van public relations en communicatie.
  4. Overige adviesbureaus op het gebied van bedrijfsbeheer;adviesbureaus op het gebied van bedrijfsvoering.
  5. Verlenen van advies op het gebied van beveiliging aan het bedrijfsleven en aan de overheid.
  6. Verschaffen van informatie en advies in de ruimste zin van het woord.
  7. Activiteiten van holdings.
  8. Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven die in meerderheid tot de financiële sector behoren.
  9. Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren.
  10. Management activiteiten van holdings:tussenkomen in het dagelijks bestuur,vertegenwoordigen van bedrijven op grond van bezit van controle van het maatschappelijk kapitaal enz.
  11. Arbeidsbemiddeling.
  12. Zoeken,selecteren,verwijzen en plaatsen van personeel t.b.v.latere werkgever of werkzoeker:formulering van taakomschrijvingen;op geschiktheid testen van sollicitanten;natrekken van referenties.
  13. Zoeken en plaatsen van directieleden(headhunters).
  14. Overige activiteiten i.v.m.recreatie die niet elders zijn gerangschikt.
  15. Berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning,organisatie,efficiëntie,enz.
  16. Algemene auditactiviteiten.
  17. Overige dienstverlenende activiteiten op het gebied van informatie.
  18. Verlenen van advies en praktische hulp aan de bedrijven.
  19. Arbitrage en bemiddeling tussen bedrijfsleiding en werknemers.
  20. Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enz.
  21. Overige gespecialiseerde wetenschappelijke en technische activiteiten.
  22. Ontwerpen en programmeren van computerprogramma's.
  23. Overige diensten op het gebied van informatietechnologie en computer.
  24. Al dan niet permanent verwerken van gegevens met behulp van een eigen programma of een programma van de klant:invoeren van gegevens volledige verwerking van gegevens.
  25. Verhuur van standaardprogrammatuur.
  26. Overige rechtskundige dienstverlening.
  27. Markt en opinieonderzoekbureaus.
  28. Onderzoek naar de omvang van de markt voor bepaalde producten,de ontvangst en de bekendheid van producten en koopgewoonten,met het oog op verkoopbevordering en ontwikkeling van nieuwe producten.Statistische analyses van de resultaten van het onderzoek.
  29. Overige vormen van onderwijs.
  30. Ontwerpen en voeren van reclame en promotiecampagnes voor derden via de verschillende media.
  31. Ontwerpen van publicitaire teksten en slogans(copywriters).
  32. Ontwerpen van publicitaire artikelen.
  33. Concipiëren van reclametechnieken die ernaar streven de individuele consument te benaderen(direct marketing)door middel van geadresseerde reclame(direct mailing),telefonische koopvoorstellen,enz.
  34. Verkopen van tijd en ruimte voor publiciteit in de diverse media(advertentieacquisitie).
  35. Fotokopiëren,documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren.
  36. Permanent beheren van en werken met de gegevensverwerkende apparatuur van derden.
  37. Diverse administratieve activiteiten ten behoeve van kantoren.
  38. De aan-en verkoop,handelsbemiddeling in voertuigen en onderdelen in de ruimste zin van het woord.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
VIRTU-IT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 18-07-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Één of meer bestuurders, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)

deed of 18-07-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Fourth Friday of June at 18:00

deed of 18-07-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Winstverdeling, verminderd met overgedragen verlies of vermeerderd met overgedragen winst” (deed in Dutch)
3 more provisions in the deed, see the deed of 18-07-2024

deed of 18-07-2024