GIT SOLUTIONS
ActiveSummary
GIT SOLUTIONS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57k and a net result of €19k. Equity is growing by ~27% per year across the filed fiscal years. Its solvency ranks better than 43% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▼-17
Solvency58▼-27
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.83 against 4.36 in 2024; short-term debt: 43.3% and cash: 4% of total assets), and 67.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% 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
32.6%
Return on assets
11.1%
Age of the figures
9 mo
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 12-03-2026, 141 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
141 d early
2024
146 d early
2023
114 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€57k▼ 12.4%
2024 · €65k
2023: €26klowest in 3 years
2024: €65k▲ +149% vs 2023highest in 3 years
2025: €57k▼ -12.4% vs 2024
2023 → 2025
Total assets
€174k▲ 59.9%
2024 · €109k
2023: €90klowest in 3 years
2024: €109k▲ +21.2% vs 2023
2025: €174k▲ +59.9% vs 2024highest in 3 years
2023 → 2025
Net result
€19k▼ 51.7%
2024 · €40k
2023: €-15klowest in 3 years
2024: €40k▲ +374% vs 2023highest in 3 years
2025: €19k▼ -51.7% vs 2024
2023 → 2025
Working capital
€-13k
2024 · €47k
2023: €10k
2024: €47k▲ +386% vs 2023highest in 3 years
2025: €-13k▼ -127% vs 2024lowest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€26k-€65k▲ 149%€57k▼ 12.4%
2023: €26klowest in 3 years
2024: €65k▲ +149% vs 2023highest in 3 years
2025: €57k▼ -12.4% vs 2024
Operating result€-13k-€55k€39k▼ 27.9%
2023: €-13klowest in 3 years
2024: €55k▲ +535% vs 2023highest in 3 years
2025: €39k▼ -27.9% vs 2024
Net result€-15k-€40k€19k▼ 51.7%
2023: €-15klowest in 3 years
2024: €40k▲ +374% vs 2023highest in 3 years
2025: €19k▼ -51.7% vs 2024
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 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €174k
Fixed assets
€111k ▲ 135%
Current assets
€62k ▲ 1.8%
Equity and liabilities €174k
Equity
€57k ▼ 12.4%
Debt
€117k ▲ 166%
Debt's share of the balance-sheet total rises from 40.5% to 67.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€55k▼
2024 · €60k
Cash flow
€35k▼
2024 · €46k
Current ratio
0.83▼
2024 · 4.36
Debt to equity
2.07▲
2024 · 0.68
ROE
34.2%▼
2024 · 61.9%
ROA
11.1%▼
2024 · 36.9%
Interest coverage
17.82▼
2024 · 22.70
Debt ≤ 1 year
€75k▲
2024 · €14k
Debt > 1 year
€38k▲
2024 · €26k
Income taxes
€17k▲
2024 · €12k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€109k€174k▲
Fixed assets21/28€47k€111k▲
Tangible fixed assets22/27€47k€111k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€849€65k▲
Leasing and similar rights25€43k€44k▲
Current assets29/58€61k€62k▲
Amounts receivable within one year40/41€15k€24k▲
Trade receivables40€15k€14k▼
Other amounts receivable41-€10k
Current investments50/53€40k€28k▼
Cash at bank and in hand54/58€4k€7k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€109k€174k▲
Equity10/15€65k€57k▼
Contributions10/11€1k€1k=
Reserves13€79k€71k▼
Distributable reserves133€79k€71k▼
Profit (loss) carried forward14€-16k€-15k▲
Amounts payable17/49€44k€117k▲
Amounts payable after more than one year17€26k€38k▲
Financial debts170/4€26k€38k▲
Amounts payable within one year42/48€14k€75k▲
Current portion of amounts payable after more than one year42€7k€22k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€4k€24k▲
Taxes450/3€4k€24k▲
Other amounts payable47/48€1k€28k▲
Accrued charges and deferred income492/3€4k€4k▲
Income statement
Code20242025
Non-recurring operating income76A€35k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€16k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€62k€56k▼
Operating profit (loss)9901€55k€39k▼
Financial income75/76B€3€24▲
Recurring financial income75€3€24▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€52k€36k▼
Income taxes67/77€12k€17k▲
Profit (loss) for the period9904€40k€19k▼
Profit (loss) for the period to be appropriated9905€40k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€4k▼
Profit (loss) brought forward from the previous period14P€-16k€-16k▲
Transfer from equity791/2€1k€27k▲
Transfer to equity691/2€40k€19k▼
To other reserves6921€40k€19k▼
Profit to be distributed694/7€1k€27k▲
Return on contributions (dividend)694€1k€27k▲
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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €35k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €6k | €16k | ▲ 176% |
| Other operating charges640/8 | €1k | €2k | €1k | ▼ 40.1% |
| Gross operating margin9900 | €-2k | €62k | €56k | ▼ 9.5% |
| Operating profit (loss)9901 | €-13k | €55k | €39k | ▼ 27.9% |
| Financial income75/76B | €0 | €3 | €24 | ▲ 621% |
| Recurring financial income75 | €0 | €3 | €24 | ▲ 621% |
| Financial charges65/66B | €1k | €3k | €3k | ▲ 16.6% |
| Recurring financial charges65 | €1k | €3k | €3k | ▲ 16.6% |
| Profit (loss) for the period before taxes9903 | €-14k | €52k | €36k | ▼ 30.2% |
| Income taxes67/77 | €604 | €12k | €17k | ▲ 42.3% |
| Profit (loss) for the period9904 | €-15k | €40k | €19k | ▼ 51.7% |
| Profit (loss) for the period to be appropriated9905 | €-15k | €40k | €19k | ▼ 51.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €90k | €109k | €174k | ▲ 59.9% |
| Fixed assets21/28 | €54k | €47k | €111k | ▲ 135% |
| Tangible fixed assets22/27 | €54k | €47k | €111k | ▲ 135% |
| Plant, machinery and equipment23 | €8k | €3k | €2k | ▼ 21.1% |
| Furniture and vehicles24 | €2k | €849 | €65k | ▲ 7,587% |
| Leasing and similar rights25 | €43k | €43k | €44k | ▲ 0.6% |
| Current assets29/58 | €36k | €61k | €62k | ▲ 1.8% |
| Amounts receivable within one year40/41 | €30k | €15k | €24k | ▲ 54.7% |
| Trade receivables40 | €12k | €15k | €14k | ▼ 10.7% |
| Other amounts receivable41 | €17k | - | €10k | - |
| Current investments50/53 | €1k | €40k | €28k | ▼ 30.7% |
| Cash at bank and in hand54/58 | €1k | €4k | €7k | ▲ 68.3% |
| Deferred charges and accrued income490/1 | €4k | €2k | €4k | ▲ 96.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €90k | €109k | €174k | ▲ 59.9% |
| Equity10/15 | €26k | €65k | €57k | ▼ 12.4% |
| Contributions10/11 | €1k | €1k | €1k | = |
| Reserves13 | €41k | €79k | €71k | ▼ 10.6% |
| Distributable reserves133 | €41k | €79k | €71k | ▼ 10.6% |
| Profit (loss) carried forward14 | €-16k | €-16k | €-15k | ▲ 2.3% |
| Amounts payable17/49 | €64k | €44k | €117k | ▲ 166% |
| Amounts payable after more than one year17 | €33k | €26k | €38k | ▲ 45.9% |
| Financial debts170/4 | €33k | €26k | €38k | ▲ 45.9% |
| Amounts payable within one year42/48 | €26k | €14k | €75k | ▲ 435% |
| Current portion of amounts payable after more than one year42 | €8k | €7k | €22k | ▲ 217% |
| Trade debts44 | €2k | €2k | €1k | ▼ 26.7% |
| Suppliers440/4 | €2k | €2k | €1k | ▼ 26.7% |
| Taxes, remuneration and social security45 | €9k | €4k | €24k | ▲ 480% |
| Taxes450/3 | €9k | €4k | €24k | ▲ 480% |
| Other amounts payable47/48 | €7k | €1k | €28k | ▲ 1,930% |
| Accrued charges and deferred income492/3 | €4k | €4k | €4k | ▲ 1.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €40k | €19k | ▼ 51.7% |
| + Depreciation and write-downs630 | €9k | €6k | €16k | ▲ 176% |
| Operating cash flow (approximation) | €-6k | €46k | €35k | ▼ 23.1% |
| Investment in fixed assets (approximation) | - | €596 | €-80k | ▼ 13,508% |
| Change in cash | - | €3k | €3k | ▼ 6.2% |
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
12-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.36
Current ratio from 1.37 to 4.36; short-term debt falls from €26k to €14k.
08-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Welkenraedt · 2 establishment units since 2007
Ground area
1,325 m²
Building footprint
241 m²
Volume, LiDAR
838 m³
2 parcels, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
GIT SOLUTIONS
since 20072.158.294.837
HORIZONS VERTS
since 20242.365.786.052
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63084A0315/00R002 | Wallonia | 690 m² | 1 · 120 m² | - |
| 63084A0111/00S013 | Wallonia | 635 m² | 1 · 121 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,121 companies in sector 46500 we hold annual accounts for 1,403. 925 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
Founded28-12-2006
Fiscal year end31-12
Trade name FR
Horizons Verts
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
58290Other software publishing
62100Computer programming
62200Computer consultancy and computer facilities management
77330Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.