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For IT

Active
Private limited companyfounded 2021active for 5 yearsGrotstraat 104, 3200 Aarschot, BelgiumKBO/BCE: BE 0769.655.408

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

For IT has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,000 and a net result of €98,749. Equity has been shrinking by about 28% per year since 2021. If that trend continues, it turns negative around financial year 2026. Its solvency ranks better than 10% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

Download PDF
Financial year ended
31-12-2025
Filed on
09-02-2026
Format
micro format
Reference
2026-00036111
Turnover
≈ €220,000
Estimated: probably between €200,000 and €270,000
Total assets
€94,259▼ 24.4%
2024 · €124,618
Net result
€98,749▼ 8.3%
2024 · €107,675
Working capital
-€8,556▲ 51.5%
2024 · -€17,650
Trend over the years

2021 to 2025, 5 financial years

The operating result for 2025 is 0% higher than in 2024 and the highest since 2021. It is the fourth rise in a row.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€131,704 2025 Net result€98,749 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Operating result€72,596-€119,558▲ 64.7%€127,492▲ 6.6%€131,496▲ 3.1%€131,704▲ 0.2%
Net result€58,100above the sector's middle half-€94,624above the sector's middle half▲ 62.9%€100,379above the sector's middle half▲ 6.1%€107,675above the sector's middle half▲ 7.3%€98,749above the sector's middle half▼ 8.3%
Equity€59,300within the sector's middle half-€153,124within the sector's middle half▲ 158%€253,503above the sector's middle half▲ 65.6%€2,000below the sector's middle half▼ 99.2%€2,000below the sector's middle half=
Total assets€87,007within the sector's middle half-€190,398within the sector's middle half▲ 119%€292,451above the sector's middle half▲ 53.6%€124,618within the sector's middle half▼ 57.4%€94,259within the sector's middle half▼ 24.4%
Debt€27,707-€37,274▲ 34.5%€38,948▲ 4.5%€122,618▲ 215%€92,259▼ 24.8%
Working capital€58,582within the sector's middle half-€113,754within the sector's middle half▲ 94.2%€224,005above the sector's middle half▲ 96.9%-€17,650below the sector's middle half-€8,556below the sector's middle half▲ 51.5%
Solvency68.2%within the sector's middle half-80.4%above the sector's middle half▲ 12.3pp86.7%above the sector's middle half▲ 6.3pp1.6%below the sector's middle half▼ 85.1pp2.1%below the sector's middle half▲ 0.5pp
Current ratio3.11within the sector's middle half-4.05within the sector's middle half▲ 0.946.75above the sector's middle half▲ 2.700.86below the sector's middle half▼ 5.900.91below the sector's middle half▲ 0.05
Return on assets (ROA)66.8%above the sector's middle half-49.7%above the sector's middle half▼ 17.1pp34.3%above the sector's middle half▼ 15.4pp86.4%above the sector's middle half▲ 52.1pp104.8%above the sector's middle half▲ 18.4pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94,259
Fixed assets €10,556 ▼ 46.3%
Current assets €83,703 ▼ 20.3%
Equity and liabilities €94,259
Equity €2,000 =
Debt €92,259 ▼ 24.8%
Debt's share of the balance-sheet total falls from 98.4% to 97.9%. Debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€140,798▼
2024 · €141,344
Cash flow
€107,843▼
2024 · €117,523
Debt to equity
46.13▼
2024 · 61.31
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€92,259▼
2024 · €122,618
Income taxes
€33,161▲
2024 · €29,506
A ratio outside any meaningful range has been withheld (balance sheet total €94,259, equity €2,000).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 2,153 companies had the same profile as For IT has now. Two years later, 1.7% had gone bankrupt and 96.1% were still going.

  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.7% went bankrupt
2.2% stopped otherwise
96.1% was still going

The bankruptcy probability of For IT itself is lower: 0.2% within 12 months. It rests on far more data about For IT than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,153 companies, not a prediction for For IT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines

Source: Annual accounts 2025 (PDF), filed on 09-02-2026.

Balance sheet Code20242025
Assets
Total assets20/58€124,618€94,259▼
Fixed assets21/28€19,650€10,556▼
Tangible fixed assets22/27€19,350€10,256▼
Furniture and vehicles24€19,350€10,256▼
Financial fixed assets28€300€300=
Current assets29/58€104,968€83,703▼
Amounts receivable within one year40/41€37,682€35,384▼
Trade receivables40€37,682€35,384▼
Current investments50/53€35,179€38,000▲
Cash at bank and in hand54/58€32,107€10,319▼
Equity and liabilities
Total equity and liabilities10/49€124,618€94,259▼
Equity10/15€2,000€2,000=
Contributions10/11€2,000€2,000=
Amounts payable17/49€122,618€92,259▼
Amounts payable within one year42/48€122,618€92,259▼
Trade debts44-€743
Suppliers440/4-€743
Taxes, remuneration and social security45€27,360€12,080▼
Taxes450/3€27,360€12,080▼
Other amounts payable47/48€95,258€79,435▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,848€9,094▼
Other operating charges640/8€531€548▲
Gross operating margin9900€141,875€141,346▼
Operating profit (loss)9901€131,496€131,704▲
Financial income75/76B€5,732€248▼
Recurring financial income75€5,732€248▼
Financial charges65/66B€47€42▼
Recurring financial charges65€47€42▼
Profit (loss) for the period before taxes9903€137,180€131,910▼
Income taxes67/77€29,506€33,161▲
Profit (loss) for the period9904€107,675€98,749▼
Profit (loss) for the period to be appropriated9905€107,675€98,749▼
Appropriation of the result
Profit (loss) to be appropriated9906€107,675€98,749▼
Transfer from equity791/2€251,503-
Profit to be distributed694/7€359,178€98,749▼
Return on contributions (dividend)694€359,178€98,749▼

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24€8,057€9,873€9,848€9,094▼ 7.7%
Other operating charges640/8-€171€136€531€548▲ 3.2%
Gross operating margin9900€72,620€127,786€137,501€141,875€141,346▼ 0.4%
Operating profit (loss)9901€72,596€119,558€127,492€131,496€131,704▲ 0.2%
Financial income75/76B---€5,732€248▼ 95.7%
Recurring financial income75---€5,732€248▼ 95.7%
Financial charges65/66B€17€34€35€47€42▼ 11.7%
Recurring financial charges65€17€34€35€47€42▼ 11.7%
Profit (loss) for the period before taxes9903€72,579€119,524€127,457€137,180€131,910▼ 3.8%
Income taxes67/77€14,479€24,900€27,078€29,506€33,161▲ 12.4%
Profit (loss) for the period9904€58,100€94,624€100,379€107,675€98,749▼ 8.3%
Profit (loss) for the period to be appropriated9905€58,100€94,624€100,379€107,675€98,749▼ 8.3%
Line20212022202320242025Change
Assets
Total assets20/58€87,007€190,398€292,451€124,618€94,259▼ 24.4%
Fixed assets21/28€719€39,371€29,498€19,650€10,556▼ 46.3%
Tangible fixed assets22/27€719€39,071€29,198€19,350€10,256▼ 47.0%
Plant, machinery and equipment23€719€471€223---
Furniture and vehicles24-€38,600€28,975€19,350€10,256▼ 47.0%
Financial fixed assets28-€300€300€300€300=
Current assets29/58€86,288€151,028€262,953€104,968€83,703▼ 20.3%
Amounts receivable within one year40/41€31,769€32,530€17,260€37,682€35,384▼ 6.1%
Trade receivables40€31,766€32,530€17,260€37,682€35,384▼ 6.1%
Other amounts receivable41€3-----
Current investments50/53--€200,000€35,179€38,000▲ 8.0%
Cash at bank and in hand54/58€54,519€118,497€45,693€32,107€10,319▼ 67.9%
Equity and liabilities
Total equity and liabilities10/49€87,007€190,398€292,451€124,618€94,259▼ 24.4%
Equity10/15€59,300€153,124€253,503€2,000€2,000=
Contributions10/11€2,000€2,000€2,000€2,000€2,000=
Reserves13€57,300€151,124€251,503---
Distributable reserves133€57,300€151,124€251,503---
Amounts payable17/49€27,707€37,274€38,948€122,618€92,259▼ 24.8%
Amounts payable within one year42/48€27,707€37,274€38,948€122,618€92,259▼ 24.8%
Trade debts44€303€376€333-€743-
Suppliers440/4€303€376€333-€743-
Taxes, remuneration and social security45€25,944€33,187€36,231€27,360€12,080▼ 55.8%
Taxes450/3€25,944€33,187€36,231€27,360€12,080▼ 55.8%
Other amounts payable47/48€1,460€3,711€2,384€95,258€79,435▼ 16.6%
Line20212022202320242025Change
Profit (loss) for the period9904€58,100€94,624€100,379€107,675€98,749▼ 8.3%
+ Depreciation and write-downs630€24€8,057€9,873€9,848€9,094▼ 7.7%
Operating cash flow (approximation)€58,125€102,681€110,252€117,523€107,843▼ 8.2%
Investment in fixed assets (approximation)--€46,709€0€0€0-
Change in cash-€63,978-€72,804-€13,586-€21,788▼ 60.4%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference Document
31-12-2025 micro format 09-02-2026 2026-00036111 PDF
31-12-2024 micro format 04-03-2025 2025-00042999 PDF
31-12-2023 micro format 12-06-2024 2024-00135097 PDF
31-12-2022 micro format 23-06-2023 2023-00168097 PDF
31-12-2021 micro format 07-06-2022 2022-20056682 PDF

Comparable companies

These companies have the same main activity as For IT: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €83,500 and €100,000, founded between 2021 and 2022.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
For IT Aarschot2021€94,259€2,000€141,346€98,749-2025
BitUnit Rotselaar2021€97,364€2,000€140,071€94,879-2025
Vekor Solutions Begijnendijk2021€83,519€2,288€152,547€115,145-2025
FIRMAMENTA Antwerpen2021€96,091-€15,635€152,832€70,50402025
3A Solutionss Evere2021€92,029€38,582€158,930€21,956-2025
STIJNS Pelt2022€92,304€2,500€132,274€103,095-2025
INTYB TECHNOLOGIES Brussel2021€99,989€5,000€122,385€58,727-2025

They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.