2023 figures too old to scoreTurnover not published (micro format)
Bankruptcy probability
No current score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
10.2% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months12-2024: 2.5%01-2025: 2.5%● unchanged vs 12-202402-2025: 2.5%● unchanged vs 01-202503-2025: 2.6%▲ +0.1 percentage points vs 02-202504-2025: 2.6%● unchanged vs 03-202505-2025: 2.5%▼ -0.1 percentage points vs 04-202506-2025: 2.5%● unchanged vs 05-2025lowest value07-2025: 2.8%▲ +0.3 percentage points vs 06-202508-2025: 3.3%▲ +0.5 percentage points vs 07-202509-2025: 3.2%▼ -0.1 percentage points vs 08-202510-2025: 3.4%▲ +0.2 percentage points vs 09-202511-2025: 3.6%▲ +0.2 percentage points vs 10-202512-2025: 4.5%▲ +0.9 percentage points vs 11-202501-2026: 7.4%▲ +2.9 percentage points vs 12-202502-2026: 7.4%● unchanged vs 01-202603-2026: 7.7%▲ +0.3 percentage points vs 02-202604-2026: 7.1%▼ -0.6 percentage points vs 03-202605-2026: 7.1%● unchanged vs 04-202606-2026: 7.1%● unchanged vs 05-202607-2026: 7.1%● unchanged vs 06-202608-2026: 9.3%▲ +2.2 percentage points vs 07-202609-2026: 9.3%● unchanged vs 08-202610-2026: 10.2%▲ +0.9 percentage points vs 09-2026highest value11-2026: 10.2%● unchanged vs 10-2026highest value
Financial strength, FY 2023
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
Weak
0=equity -142.3% of total assets
0-1short-term debt 242.3% · cash 0.3%
0=return on assets -26.7%
Credit check for an amount and term of your choice
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline11-11-2026 today
raises risk · 2023 accounts filed 55 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-09-2024, 55 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.
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 4 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472339322
Resignation: Erik Penne (director)
Appointment: Johnny Van Hyfte (director) · General meeting of 22-10-2024 · Gazette deed
Company renamed from INTERNATIONAL IT SOLUTIONS to Apps ict
Resignation: Erik Penne (director) · Reappointment: Erik Penne (director) · “Computers,onderdelen daarvan,software,computerbenodigdheden evenals kantoormaterialen te ontwikkelen,aan te…” (deed in Dutch) · General meeting of 18-03-2024 · Gazette deed
First establishment
INITSO BVBA, Arthur Borghijsstraat 28, Puurs-Sint-Amands
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Apps ict: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €18,500 and €35,800, founded between 1997 and 2003.