Bits and fire
ActiveSummary
Bits and fire has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2k and a net result of €6k. Its solvency ranks better than 35% of 2043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency49▲+11
Growth78
Track record82
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Three 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 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 2 filingsDeviation from the deadline
2025
27 d late
2024
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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▲ 235%
2024 · €740
2024: €740
2024 → 2025
Total assets
€10k▲ 78.9%
2024 · €6k
2024: €6k
2024 → 2025
Net result
€6k
2024 · €-2k
2024: €-2k
2024 → 2025
Working capital
€2k
2024 · €-650
2024: €-650
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€740-€2k▲ 235%
Operating result€-2k-€6k
Net result€-2k-€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10k
Fixed assets
€924 ▼ 33.5%
Current assets
€10k ▲ 114%
Equity and liabilities €10k
Equity
€2k ▲ 235%
Debt
€8k ▲ 56.2%
Debt's share of the balance-sheet total falls from 87.3% to 76.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6k▲
2024 · €-2k
Cash flow
€6k▲
2024 · €-2k
Current ratio
1.28▲
2024 · 0.87
Debt to equity
3.22
ROE
231.5%
ROA
54.9%▲
2024 · -28.4%
Interest coverage
122.54▲
2024 · -2143.61
Debt ≤ 1 year
€7k▲
2024 · €5k
Income taxes
€15
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6k€10k▲
Fixed assets21/28€1k€924▼
Tangible fixed assets22/27€1k€924▼
Furniture and vehicles24€1k€924▼
Current assets29/58€4k€10k▲
Amounts receivable within one year40/41€1k€7k▲
Trade receivables40€1k€7k▲
Cash at bank and in hand54/58€2k€1k▼
Deferred charges and accrued income490/1€783€668▼
Equity and liabilities
Total equity and liabilities10/49€6k€10k▲
Equity10/15€740€2k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-2k€80▲
Amounts payable17/49€5k€8k▲
Amounts payable within one year42/48€5k€7k▲
Trade debts44€414€1k▲
Suppliers440/4€414€1k▲
Taxes, remuneration and social security45-€15
Taxes450/3-€15
Other amounts payable47/48€5k€6k▲
Accrued charges and deferred income492/3-€556
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9€466▲
Other operating charges640/8€322€128▼
Gross operating margin9900€-1k€6k▲
Operating profit (loss)9901€-2k€6k▲
Financial charges65/66B€1€51▲
Recurring financial charges65€1€51▲
Profit (loss) for the period before taxes9903€-2k€6k▲
Income taxes67/77-€15
Profit (loss) for the period9904€-2k€6k▲
Profit (loss) for the period to be appropriated9905€-2k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€4k▲
Profit (loss) brought forward from the previous period14P-€-2k
Profit to be distributed694/7-€4k
Directors or managers695-€4k
The notes to these accounts (4 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
01-09
State Gazette act
Appointment: Moeder Vos BV (director)Resignation: Kristof Devos (director) · Accounting effect4 facts ▸
State Gazette act
Appointment: Moeder Vos BV (director)
Resignation: Kristof Devos (director) · Accounting effect4 facts ▸
- General meeting, 23-07-2026
- Director appointment, Moeder Vos BV (director)
- Director resignation, Kristof Devos (director)
- Accounting effect, 30-12-2025
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2025
Moeder Vos
CurrentDirector · since 30-12-2025 · Private limited company
30-12-2025
Moeder Vos: Appointed as Director
30-12-2025
Devos Kristof: Resigned as Director
Location & real-estate footprint
Registered office, Torhout · 1 establishment unit since 2024
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.
Kleistraat 18820 TorhoutGround area
506 m²
Building footprint
235 m²
Volume, LiDAR
856 m³
Parcel 31033A0014/00W002, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bits and fire
since 20242.364.723.309
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31033A0014/00W002 | Flanders | 506 m² | 1 · 235 m² | 8.4 m · 1 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.
Structure & network
Similar companies · same sector, comparable size
FPPGO
BE 0805.413.566
Gembloux · Eq €2,471
DELRION PARTNERS
BE 0788.875.165
Brussel · Eq €2,464
Bellaflora
BE 0776.769.664
Tessenderlo-Ham · Eq €2,464
Isabel De Beule
BE 0767.452.122
Bornem · Eq €2,500
REMEDIAL TEACHING CENTER
BE 0874.996.616
Hasselt · Eq €2,528
Of 11,671 companies in sector 85599 we hold annual accounts for 1,329. 392 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.