BITLINK
ActiveSummary
BITLINK has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €20k. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 45% of 918 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+3
Solvency58▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.76 against 0.48 in 2024; short-term debt: 43.7% and cash: 14.2% of total assets), and 67.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← 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
32.8%
Return on assets
7.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
39 d late
2024
on the day
2023
44 d late
2022
32 d late
2021
29 d late
2020
55 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€89k▲ 29.8%
2024 · €68k
2020: €17klowest in 6 years
2021: €20k▲ +18.8% vs 2020
2022: €51k▲ +152% vs 2021
2023: €54k▲ +4.8% vs 2022
2024: €68k▲ +26.7% vs 2023
2025: €89k▲ +29.8% vs 2024highest in 6 years
2020 → 2025
Total assets
€270k▼ 3.1%
2024 · €278k
2020: €86klowest in 6 years
2021: €140k▲ +63.9% vs 2020
2022: €185k▲ +31.6% vs 2021
2023: €216k▲ +17.2% vs 2022
2024: €278k▲ +28.5% vs 2023highest in 6 years
2025: €270k▼ -3.1% vs 2024
2020 → 2025
Net result
€20k▲ 41.4%
2024 · €14k
2020: €15k
2021: €3k▼ -78.7% vs 2020
2022: €31k▲ +860% vs 2021highest in 6 years
2023: €2k▼ -92.1% vs 2022lowest in 6 years
2024: €14k▲ +485% vs 2023
2025: €20k▲ +41.4% vs 2024
2020 → 2025
Working capital
€-28k▲ 63.4%
2024 · €-77k
2020: €-22k
2021: €-17k▲ +23.8% vs 2020highest in 6 years
2022: €-32k▼ -90.5% vs 2021
2023: €-37k▼ -14.5% vs 2022
2024: €-77k▼ -107% vs 2023lowest in 6 years
2025: €-28k▲ +63.4% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€51k▲ 152%€54k▲ 4.8%€68k▲ 26.7%€89k▲ 29.8%
2021: €20klowest in 5 years
2022: €51k▲ +152% vs 2021
2023: €54k▲ +4.8% vs 2022
2024: €68k▲ +26.7% vs 2023
2025: €89k▲ +29.8% vs 2024highest in 5 years
Operating result€7k-€47k▲ 577%€9k▼ 80.2%€36k▲ 281%€38k▲ 6.0%
2021: €7klowest in 5 years
2022: €47k▲ +577% vs 2021highest in 5 years
2023: €9k▼ -80.2% vs 2022
2024: €36k▲ +281% vs 2023
2025: €38k▲ +6.0% vs 2024
Net result€3k-€31k▲ 860%€2k▼ 92.1%€14k▲ 485%€20k▲ 41.4%
2021: €3k
2022: €31k▲ +860% vs 2021highest in 5 years
2023: €2k▼ -92.1% vs 2022lowest in 5 years
2024: €14k▲ +485% vs 2023
2025: €20k▲ +41.4% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €270k
Fixed assets
€180k ▼ 13.7%
Current assets
€90k ▲ 29.0%
Equity and liabilities €270k
Equity
€89k ▲ 29.8%
Debt
€181k ▼ 13.7%
Debt's share of the balance-sheet total falls from 75.5% to 67.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€139k▲
2024 · €129k
Cash flow
€122k▲
2024 · €108k
Current ratio
0.76▲
2024 · 0.48
Quick ratio
0.57▲
2024 · 0.37
Debt to equity
2.05▼
2024 · 3.08
ROE
23.0%▲
2024 · 21.1%
ROA
7.5%▲
2024 · 5.2%
Interest coverage
18.64▲
2024 · 15.50
Debt ≤ 1 year
€118k▼
2024 · €147k
Debt > 1 year
€63k▼
2024 · €64k
Income taxes
€11k▼
2024 · €13k
Staff costs
€47k▲
2024 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€278k€270k▼
Fixed assets21/28€209k€180k▼
Intangible fixed assets21€1k€1k▼
Tangible fixed assets22/27€207k€179k▼
Plant, machinery and equipment23€161k€141k▼
Furniture and vehicles24€46k€38k▼
Current assets29/58€70k€90k▲
Stocks and contracts in progress3€16k€23k▲
Stocks30/36€16k€23k▲
Amounts receivable within one year40/41€38k€26k▼
Trade receivables40€18k€22k▲
Other amounts receivable41€20k€5k▼
Cash at bank and in hand54/58€12k€38k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€278k€270k▼
Equity10/15€68k€89k▲
Contributions10/11€2k€2k=
Outside capital11€2k€2k=
Other1109/19€2k€2k=
Reserves13€66k€87k▲
Distributable reserves133€66k€87k▲
Amounts payable17/49€210k€181k▼
Amounts payable after more than one year17€64k€63k▼
Financial debts170/4€64k€63k▼
Amounts payable within one year42/48€147k€118k▼
Current portion of amounts payable after more than one year42€52k€60k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€10k€16k▲
Suppliers440/4€10k€16k▲
Taxes, remuneration and social security45€23k€25k▲
Taxes450/3€14k€19k▲
Remuneration and social security454/9€10k€6k▼
Other amounts payable47/48€62k€17k▼
Income statement
Code20242025
Remuneration, social security and pensions62€45k€47k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€93k€102k▲
Other operating charges640/8€829€1k▲
Gross operating margin9900€174k€187k▲
Operating profit (loss)9901€36k€38k▲
Financial income75/76B€93€1k▲
Recurring financial income75€93€1k▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€27k€32k▲
Income taxes67/77€13k€11k▼
Profit (loss) for the period9904€14k€20k▲
Profit (loss) for the period to be appropriated9905€14k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€63k€20k▼
Profit (loss) brought forward from the previous period14P€49k-
Transfer to equity691/2€63k€20k▼
To other reserves6921€63k€20k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €9k | €36k | €51k | €45k | €47k | ▲ 4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €58k | €50k | €76k | €93k | €102k | ▲ 8.9% |
| Other operating charges640/8 | €709 | €1k | €1k | €829 | €1k | ▲ 31.6% |
| Gross operating margin9900 | €75k | €135k | €137k | €174k | €187k | ▲ 7.2% |
| Operating profit (loss)9901 | €7k | €47k | €9k | €36k | €38k | ▲ 6.0% |
| Financial income75/76B | €224 | - | - | €93 | €1k | ▲ 1,440% |
| Recurring financial income75 | €224 | - | - | €93 | €1k | ▲ 1,440% |
| Financial charges65/66B | €1k | €3k | €4k | €8k | €7k | ▼ 10.1% |
| Recurring financial charges65 | €1k | €3k | €4k | €8k | €7k | ▼ 10.1% |
| Profit (loss) for the period before taxes9903 | €6k | €44k | €6k | €27k | €32k | ▲ 15.8% |
| Income taxes67/77 | €3k | €13k | €3k | €13k | €11k | ▼ 12.7% |
| Profit (loss) for the period9904 | €3k | €31k | €2k | €14k | €20k | ▲ 41.4% |
| Profit (loss) for the period to be appropriated9905 | €3k | €31k | €2k | €14k | €20k | ▲ 41.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €140k | €185k | €216k | €278k | €270k | ▼ 3.1% |
| Fixed assets21/28 | €78k | €116k | €130k | €209k | €180k | ▼ 13.7% |
| Intangible fixed assets21 | €2k | €2k | €2k | €1k | €1k | ▼ 23.0% |
| Tangible fixed assets22/27 | €75k | €114k | €128k | €207k | €179k | ▼ 13.7% |
| Plant, machinery and equipment23 | €73k | €103k | €125k | €161k | €141k | ▼ 12.8% |
| Furniture and vehicles24 | €2k | €11k | €3k | €46k | €38k | ▼ 16.8% |
| Current assets29/58 | €63k | €69k | €87k | €70k | €90k | ▲ 29.0% |
| Stocks and contracts in progress3 | €20k | €25k | €19k | €16k | €23k | ▲ 42.2% |
| Stocks30/36 | €20k | €25k | €19k | €16k | €23k | ▲ 42.2% |
| Amounts receivable within one year40/41 | €30k | €29k | €52k | €38k | €26k | ▼ 30.2% |
| Trade receivables40 | €26k | €26k | €34k | €18k | €22k | ▲ 20.4% |
| Other amounts receivable41 | €4k | €3k | €18k | €20k | €5k | ▼ 77.0% |
| Current investments50/53 | €1k | - | - | - | - | - |
| Cash at bank and in hand54/58 | €11k | €13k | €6k | €12k | €38k | ▲ 208% |
| Deferred charges and accrued income490/1 | €1k | €588 | €10k | €3k | €2k | ▼ 30.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €140k | €185k | €216k | €278k | €270k | ▼ 3.1% |
| Equity10/15 | €20k | €51k | €54k | €68k | €89k | ▲ 29.8% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Outside capital11 | - | - | €2k | €2k | €2k | = |
| Other1109/19 | - | - | €2k | €2k | €2k | = |
| Reserves13 | €3k | €3k | €3k | €66k | €87k | ▲ 30.7% |
| Distributable reserves133 | €3k | €3k | €3k | €66k | €87k | ▲ 30.7% |
| Profit (loss) carried forward14 | €15k | €46k | €49k | - | - | - |
| Amounts payable17/49 | €120k | €133k | €163k | €210k | €181k | ▼ 13.7% |
| Amounts payable after more than one year17 | €40k | €32k | €39k | €64k | €63k | ▼ 0.4% |
| Financial debts170/4 | €40k | €32k | €39k | €64k | €63k | ▼ 0.4% |
| Amounts payable within one year42/48 | €80k | €101k | €124k | €147k | €118k | ▼ 19.5% |
| Current portion of amounts payable after more than one year42 | €34k | €41k | €41k | €52k | €60k | ▲ 16.4% |
| Financial debts43 | - | €755 | €565 | - | €1k | - |
| Credit institutions430/8 | - | €755 | €565 | - | €1k | - |
| Trade debts44 | €15k | €5k | €11k | €10k | €16k | ▲ 57.3% |
| Suppliers440/4 | €15k | €5k | €11k | €10k | €16k | ▲ 57.3% |
| Taxes, remuneration and social security45 | €5k | €15k | €21k | €23k | €25k | ▲ 4.8% |
| Taxes450/3 | €4k | €13k | €14k | €14k | €19k | ▲ 37.4% |
| Remuneration and social security454/9 | €1k | €1k | €7k | €10k | €6k | ▼ 41.8% |
| Other amounts payable47/48 | €26k | €40k | €50k | €62k | €17k | ▼ 73.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €31k | €2k | €14k | €20k | ▲ 41.4% |
| + Depreciation and write-downs630 | €58k | €50k | €76k | €93k | €102k | ▲ 8.9% |
| Operating cash flow (approximation) | €61k | €81k | €78k | €108k | €122k | ▲ 13.2% |
| Investment in fixed assets (approximation) | - | €-88k | €-90k | €-172k | €-73k | ▲ 57.7% |
| Change in cash | - | €3k | €-8k | €7k | €26k | ▲ 287% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 39 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 44 days late
2023
31-12
Financial
Weakest financial yearnet €2k ▼92.1%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Highest result since 2020net €31k ▲860%
Operating result €47k, net result €31k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
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, Antwerpen · 1 establishment unit since 2019
Ground area
230 m²
Building footprint
111 m²
Volume, LiDAR
691 m³
Parcel 11007B0022/00C005, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BITLINK
since 20192.289.760.521
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11007B0022/00C005 | Flanders | 230 m² | 1 · 111 m² | 11.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,194 EUR awarded · 1,194 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,194 EUR | 1,194 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 174 companies in sector 77330 we hold annual accounts for 109. 71 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
Founded10-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
77330Rental and leasing activities
63100Computing infrastructure, data processing, hosting and related activities
95100Repair and maintenance of computers and communication equipment
Contact
Website
www.bitlink.be
E-mail
lester@bitlink.be
Scores and ratios are computed by Checked and are not a credit decision.