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Pick-It

Active
Public limited companyfounded 2016active for 10 yearsVaartdijk 3, 3018 Leuven, Belgium44 active companies are registered at this addressKBO/BCE: BE 0662.740.919
Summary

Pick-It has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €280,555 and a net result of -€1.1m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 1,656 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Computer programming
NACE 62100Computer consultancy and computer facilities management NACE 62200
10th fastest staff growth in Leuven, Telecoms and IT sector1 site
Size
€2.6mtotal assets 2025
Staff
12.8 FTE
Equity
€280,555
Loss
-€1.1m
Net result -76%: other schema
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Parent
The Fourth Law · 100%
Holdings
2
Accounts filed 24 days late1 of 10 deeds read
Why 66raises riskLoss of €1.1m, the second in a row (financial year 2025)1 change of registered office in 24 monthslowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.82, cash €492,477Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 42% of its sector peers (NACE 62, small)
Financial strength · tick = 2024
Weak
Solvency 36+21
equity 10.8% of total assets
Liquidity 48+18
short-term debt 50.2% · cash 18.9%
Profitability 0=
return on assets -42.1%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (1,160 companies, NACE 62, small)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025lowest value 03-2025: 0.4%● unchanged vs 02-2025lowest value 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 1.4%▲ +0.9 percentage points vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.5%▲ +0.1 percentage points vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 2.4%▲ +0.9 percentage points vs 05-2026 07-2026: 2.5%▲ +0.1 percentage points vs 06-2026 08-2026: 2.6%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 1.0%▼ -1.6 percentage points vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.82, compared with 1.29 in 2024; short-term debt: 50.2% and cash: 18.9% of total assets), but 89.2% 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, small): better than 18% on solvency, 51% on liquidity, 4% on profitability and 95% on growth.

The bankruptcy probability was computed on 11-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €1.1m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 1.82, cash €492,477
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 1656 sector peers (2025).
NBB · sector comparison
Position among 1656 sector peers
Solvency
better than 25%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 8 filings
Deviation from the deadline
2025
24 days late
2024
13 days early
2023
28 days early
2022
28 days early
2021
2 days late
2020
33 days early
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days before 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (3 of the last 3 filed years within 37 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Registered officeRegistered-office move · Power of…
  3. Weakest financial yearnet -€1.1m

Key points

  • Risk: 7 loss-making years in a rowloss financial year 2025 -€1.1m View
  • Caution: Result fell in 2025different schema filed ▼ 76.2% View
  • Caution: Among the weakest 5% on net resultsector median €36,859 · 1,657 companies -€1.1m View
  • Controlled by The Fourth Lawthe company in turn controls 2 companies 100% View
  • Flemish supportawarded from 2022 to 2025 €254,396 View

By topic

Financials

Financial year
2025
Total assets
€2.6m
Loss
-€1.1m
Solvency
10.8%
Total assets▲ 29.0%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2018
Next accounts
by 31-07-2027
  1. 31-12-2025Equity above €200,000
  2. 18-07-2025Annual accounts filed
  3. 03-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Computer programmingNACE 62100
Founded
20-09-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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