Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BITWERK from Zottegem, company number BE0764661193, closed financial year 2025 with a result of € 13,485 after tax. For that financial year BITWERK recorded a gross margin of € 55,730 and equity of € 3,000. Compared with financial year 2024, the result moved from € 5,338 to € 13,485. Profitable, and profit is growing. The buffer shrank hard: equity is 94 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 3,000
▼ 94% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,485
▲ 153% vs 2024
Profit after tax over the fiscal year.
€ 62,623 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 32,399
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 260,650
▼ 10% vs 2024
€ 22,500 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 4,000
▲ 173% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,662
▼ 21% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 54,127 | € 66,226 | € 34,634 | € 55,730 | ▲ 61% |
| Profit after taxes | € 38,944 | € 38,829 | € 5,338 | € 13,485 | ▲ 153% |
| Equity | € 74,295 | € 113,124 | € 52,138 | € 3,000 | ▼ 94% |
| Total debts | € 67,488 | € 59,205 | € 315,086 | € 336,478 | ▲ 7% |
| Cash | € 42,588 | € 46,811 | € 25,854 | - | |
| Land & buildings | - | - | € 255,274 | € 248,181 | ▼ 3% |
| Retained profit | € 71,295 | € 110,124 | € 49,138 | € 0 | ▼ 100% |
| Dividend | € 0 | € 0 | € 66,324 | € 62,623 | ▼ 6% |
| Bank debt | € 47,763 | € 37,843 | € 288,851 | € 260,650 | ▼ 10% |
| Balance sheet total | € 141,783 | € 172,329 | € 367,225 | € 339,478 | ▼ 8% |
Key figures of BITWERK, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BITWERK?
What happened at BITWERK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,485 (▲ 153% vs 2024). Source: NBB ↗
- New establishment in Zottegem. KBO
- New establishment in Zottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,944 profit in 2022 to € 13,485 profit in 2025.
Paid € 27,190 in corporate taxes since 2022.
Best year ever: 2022, with € 38,944 profit.
Paid out € 128,947 in dividends to the owners in total.
Management
Behind BITWERK are Sofie Van Caenegem and Bram De Coninck. Bram De Coninck is also behind RED ROBOT.
Directors
According to the 2025 annual accounts
Sofie Van Caenegem
Bestuurder
Establishments
Establishment units
Physical locations of this company
Saffelstraat 19
9620 Zottegem
Laurens De Metsstraat 54
9620 Zottegem
Active since 8 August 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0764.661.193
- VAT number
- BE 0764.661.193
- Registered office
- Saffelstraat 19, 9620 Zottegem
- Names & denominations
- BITWERK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 March 2021
- Peppol
- Active · Active since 23 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Computerconsultancy-activiteiten
Vervaardiging van ander schrijn- en timmerwerk
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Reparatie en onderhoud van meubelen en stoffering
Vervaardiging van kantoor- en winkelmeubelen