WATCH IT
ActiveWATCH IT has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61k and a net result of €19k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 71% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 3.1 against 4.05 in 2024; short-term debt: 22.1% and cash: 16.6% of total assets), and 22.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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 2025Solvency, return and age of the figures
Solvency
77.9%
Return on assets
24.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 31-03-2026, 122 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
122 d early
2024
on the day
2023
57 d early
2022
7 d early
2021
83 d early
2020
58 d early
2019
81 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 monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€48k▼ 54.0%
2018 · €105k
2018: €105k
2018 → 2019
EBIT margin
-90.6%▼ 76.4pp
2018 · -14.3%
2018: -14.3%
2018 → 2019
Net result
€19k▼ 38.8%
2024 · €31k
2018: €-17k
2019: €-46k
2020: €48k
2021: €25k
2022: €33k
2023: €-7k
2024: €31k
2018 → 2025
Working capital
€36k▲ 22.4%
2024 · €30k
2018: €29k
2019: €-14k
2020: €29k
2021: €45k
2022: €56k
2023: €29k
2024: €30k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€75k▲ 42.9%€63k▼ 16.5%€57k▼ 9.1%€61k▲ 6.8%
Operating result€33k-€45k▲ 37.6%€-10k€40k€27k▼ 31.6%
Net result€25k-€33k▲ 31.6%€-7k€31k€19k▼ 38.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78k
Fixed assets
€25k▼ 10.1%
Current assets
€54k▲ 36.2%
Equity and liabilities €78k
Equity
€61k▲ 6.8%
Debt
€17k▲ 77.8%
The debt ratio rises from 14.6% to 22.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▼
2024 · €46k
Cash flow
€25k▼
2024 · €37k
Solvency
77.9%▼
2024 · 85.4%
Current ratio
3.10▼
2024 · 4.05
Quick ratio
3.10▼
2024 · 4.05
Debt / equity
0.28▲
2024 · 0.17
ROE
31.0%▼
2024 · 54.0%
ROA
24.1%▼
2024 · 46.2%
Interest coverage
13.54▼
2024 · 15.73
Debt
€17k▲
2024 · €10k
Debt ≤ 1 year
€17k▲
2024 · €10k
Income taxes
€6k▼
2024 · €6k
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€67k€78k▲
Fixed assets21/28€28k€25k▼
Tangible fixed assets22/27€27k€25k▼
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€13k€12k▼
Other tangible fixed assets26€5k€5k=
Financial fixed assets28€200€200=
Current assets29/58€39k€54k▲
Amounts receivable within one year40/41€16k€12k▼
Trade receivables40€12k-
Other amounts receivable41€4k€12k▲
Current investments50/53€15k€29k▲
Cash at bank and in hand54/58€8k€13k▲
Deferred charges and accrued income490/1€355€313▼
Equity and liabilities
Total equity and liabilities10/49€67k€78k▲
Equity10/15€57k€61k▲
Reserves13€27k€27k=
Distributable reserves133€27k€27k=
Profit (loss) carried forward14€31k€35k▲
Amounts payable17/49€10k€17k▲
Amounts payable within one year42/48€10k€17k▲
Trade debts44€730€2k▲
Suppliers440/4€730€2k▲
Taxes, remuneration and social security45€282€2k▲
Taxes450/3€282€2k▲
Other amounts payable47/48€9k€13k▲
Accrued charges and deferred income492/3€30-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€49k€34k▼
Operating profit (loss)9901€40k€27k▼
Financial income75/76B€192€76▼
Recurring financial income75€192€76▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€37k€25k▼
Income taxes67/77€6k€6k▼
Profit (loss) for the period9904€31k€19k▼
Profit (loss) for the period to be appropriated9905€31k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€50k▲
Profit (loss) brought forward from the previous period14P€7k€31k▲
Transfer from equity791/2€30k-
Profit to be distributed694/7€37k€15k▼
Return on contributions (dividend)694€37k€15k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €48k
Net result €48k after 2 loss-making years.
31-12
Financial
Liquidity times 6current ratio 4.05
Current ratio from 0.64 to 4.05; short-term debt falls from €39k to €10k.
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-46k
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Etterbeek · 1 establishment unit since 2014
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.
Sint-Michielslaan 1051040 EtterbeekGround area
323 m²
Building footprint
193 m²
Volume, LiDAR
3,291 m³
Parcel 21362B0298/00M003, Brussels · tallest building 21.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Watch IT
since 20142.227.829.781
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0298/00M003 | Brussels | 322 m² | 1 · 193 m² | 21.8 m · 6 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.
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,470 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-03-2014
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.