ACTIVE

Bitfuse

Financial year 2025 · closed on 31/12/2025
Net result
87,8 k €
+15.0% YoY
Gross margin
113,3 k €
+16.6% YoY
Equity
165,3 k €
+113.3% YoY

What does Bitfuse do?

Bitfuse is a Private limited company incorporated in 2023. Its registered office is in Heist-op-den-Berg.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 1003.801.827
Incorporation
22/12/2023
Legal form
Private limited company
Registered office
Grasheideweg 31/i
2223 Heist-op-den-Berg · FlandreSee on map
Contributed capital
2 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20252024
Income statement
Gross margin113,3 k €97,1 k €
EBITDA113,1 k €97 k €
Operating result111,8 k €96,2 k €
Net result87,8 k €76,3 k €
Balance sheet
Equity165,3 k €77,5 k €
Total assets175,3 k €86,6 k €
Cash26,8 k €51,7 k €
Debts10 k €9,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Bram Van Swalm

Director

Active
At this address

Other companies at this address

CompanyCBE no.
FutureeActive
0786.808.768
Annual accounts

Full financial information

20252024
Type of accountMicro modelMicro model
Start of the financial year01/01/202505/12/2023
Closing of the financial year31/12/202531/12/2024
Length of the financial year12 months13 months
Filing date29/07/202617/07/2025
General meeting19/06/202620/06/2025
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202519/06/202629/07/2026DutchPDF
Micro model31/12/202420/06/202517/07/2025DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

Bram Van Swalm

Director

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other28/12/2023
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202587,8 k €
  2. 2024
    Annual accounts 202476,3 k €
  3. 22/12/2023
    IncorporationPrivate limited company