G-ITS
ActiveSummary
G-ITS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €66,260 and a net result of €12,355. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability63▼-34
Solvency78▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity ample (current ratio 2.09 against 2.62 in 2023; short-term debt: 37.7% and cash: 13.4% of total assets), and 47.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
52.6%
Return on assets
9.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
89 d late
2022
32 d late
2021
24 d late
2020
23 d early
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 44 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€66,260▲ 22.9%
2023 · €53,905
Total assets
€126,068▲ 44.6%
2023 · €87,173
Net result
€12,355▼ 36.7%
2023 · €19,528
Working capital
€51,608▼ 4.3%
2023 · €53,905
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€3,644▲ 60.9%€8,466▲ 132%€5,017▼ 40.7%€42,001▲ 737%€36,573▼ 12.9%
Net result-€781below the sector's middle half▲ 37.6%€2,540below the sector's middle half€1,355below the sector's middle half▼ 46.7%€19,528within the sector's middle half▲ 1,342%€12,355within the sector's middle half▼ 36.7%
Equity€30,482within the sector's middle half▼ 2.5%€33,022within the sector's middle half▲ 8.3%€34,377within the sector's middle half▲ 4.1%€53,905within the sector's middle half▲ 56.8%€66,260within the sector's middle half▲ 22.9%
Total assets€64,661below the sector's middle half▲ 12.1%€58,474below the sector's middle half▼ 9.6%€70,063within the sector's middle half▲ 19.8%€87,173within the sector's middle half▲ 24.4%€126,068within the sector's middle half▲ 44.6%
Debt€34,179▲ 29.4%€25,452▼ 25.5%€35,686▲ 40.2%€33,269▼ 6.8%€59,808▲ 79.8%
Working capital€40,181within the sector's middle half▲ 36.4%€38,946within the sector's middle half▼ 3.1%€35,528within the sector's middle half▼ 8.8%€53,905within the sector's middle half▲ 51.7%€51,608within the sector's middle half▼ 4.3%
Solvency47.1%within the sector's middle half▼ 7.1pp56.5%within the sector's middle half▲ 9.3pp49.1%within the sector's middle half▼ 7.4pp61.8%within the sector's middle half▲ 12.8pp52.6%within the sector's middle half▼ 9.3pp
Current ratio2.77within the sector's middle half▲ 0.653.05within the sector's middle half▲ 0.282.03within the sector's middle half▼ 1.012.62within the sector's middle half▲ 0.592.09within the sector's middle half▼ 0.53
Return on assets (ROA)-1.2%below the sector's middle half▲ 1.0pp4.3%within the sector's middle half▲ 5.6pp1.9%below the sector's middle half▼ 2.4pp22.4%within the sector's middle half▲ 20.5pp9.8%within the sector's middle half▼ 12.6pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 13% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €126,068
Fixed assets
€26,938
Current assets
€99,129
Equity and liabilities €126,068
Equity
€66,260 ▲ 22.9%
Debt
€59,808 ▲ 79.8%
Debt's share of the balance-sheet total rises from 38.2% to 47.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37,030▼
2023 · €42,145
Cash flow
€12,812▼
2023 · €19,671
Debt to equity
0.90▲
2023 · 0.62
ROE
18.6%▼
2023 · 36.2%
Interest coverage
3.89▼
2023 · 9.34
Debt ≤ 1 year
€47,522▲
2023 · €33,269
Debt > 1 year
€12,286
Income taxes
€16,851▼
2023 · €17,963
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,105 | €1,248 | €344 | €143 | €457 | ▲ 219% |
| Other operating charges640/8 | - | €2,024 | €2,896 | €1,242 | €565 | ▼ 54.5% |
| Gross operating margin9900 | €6,354 | €11,738 | €8,257 | €43,387 | €37,595 | ▼ 13.3% |
| Operating profit (loss)9901 | €3,644 | €8,466 | €5,017 | €42,001 | €36,573 | ▼ 12.9% |
| Financial income75/76B | - | €1,222 | €2,275 | - | €2,162 | - |
| Recurring financial income75 | €1,225 | €1,222 | €2,275 | - | €2,162 | - |
| Financial charges65/66B | - | €2,663 | €2,748 | €4,510 | €9,529 | ▲ 111% |
| Recurring financial charges65 | €3,389 | €2,663 | €2,748 | €4,510 | €9,529 | ▲ 111% |
| Profit (loss) for the period before taxes9903 | €1,481 | €7,025 | €4,544 | €37,491 | €29,206 | ▼ 22.1% |
| Income taxes67/77 | €2,262 | €4,485 | €3,189 | €17,963 | €16,851 | ▼ 6.2% |
| Profit (loss) for the period9904 | -€781 | €2,540 | €1,355 | €19,528 | €12,355 | ▼ 36.7% |
| Profit (loss) for the period to be appropriated9905 | -€781 | €2,540 | €1,355 | €19,528 | €12,355 | ▼ 36.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €64,661 | €58,474 | €70,063 | €87,173 | €126,068 | ▲ 44.6% |
| Fixed assets21/28 | €1,735 | €487 | €143 | - | €26,938 | - |
| Tangible fixed assets22/27 | €1,735 | €487 | €143 | - | €26,938 | - |
| Furniture and vehicles24 | - | €487 | €143 | - | €26,938 | - |
| Current assets29/58 | €62,926 | €57,987 | €69,920 | €87,173 | €99,129 | ▲ 13.7% |
| Amounts receivable within one year40/41 | €45,594 | €42,235 | €55,182 | €24,560 | €78,208 | ▲ 218% |
| Trade receivables40 | - | €16,644 | €16,961 | €16,093 | €15,246 | ▼ 5.3% |
| Other amounts receivable41 | - | €25,591 | €38,221 | €8,467 | €62,962 | ▲ 644% |
| Current investments50/53 | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Cash at bank and in hand54/58 | €13,109 | €11,727 | €10,619 | €58,613 | €16,921 | ▼ 71.1% |
| Deferred charges and accrued income490/1 | - | €25 | €119 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €64,661 | €58,474 | €70,063 | €87,173 | €126,068 | ▲ 44.6% |
| Equity10/15 | €30,482 | €33,022 | €34,377 | €53,905 | €66,260 | ▲ 22.9% |
| Contributions10/11 | - | €22,000 | €22,000 | €20,000 | €20,000 | = |
| Reserves13 | €10,232 | €11,022 | €12,377 | €33,905 | €46,260 | ▲ 36.4% |
| Distributable reserves133 | - | €11,022 | €12,377 | €33,905 | €46,260 | ▲ 36.4% |
| Profit (loss) carried forward14 | -€1,750 | - | - | - | - | - |
| Amounts payable17/49 | €34,179 | €25,452 | €35,686 | €33,269 | €59,808 | ▲ 79.8% |
| Amounts payable after more than one year17 | €11,434 | €6,412 | €1,294 | - | €12,286 | - |
| Financial debts170/4 | - | €6,412 | €1,294 | - | €12,286 | - |
| Amounts payable within one year42/48 | €22,745 | €19,040 | €34,392 | €33,269 | €47,522 | ▲ 42.8% |
| Current portion of amounts payable after more than one year42 | - | €5,022 | €9,623 | €4,926 | €16,318 | ▲ 231% |
| Trade debts44 | €2,315 | €2,763 | €4,605 | €2,023 | €231 | ▼ 88.6% |
| Suppliers440/4 | - | €2,763 | €4,605 | €2,023 | €231 | ▼ 88.6% |
| Taxes, remuneration and social security45 | - | €11,255 | €20,163 | €26,320 | €30,973 | ▲ 17.7% |
| Taxes450/3 | - | €11,255 | €20,163 | €26,320 | €30,973 | ▲ 17.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€781 | €2,540 | €1,355 | €19,528 | €12,355 | ▼ 36.7% |
| + Depreciation and write-downs630 | €1,105 | €1,248 | €344 | €143 | €457 | ▲ 219% |
| Operating cash flow (approximation) | €324 | €3,788 | €1,698 | €19,671 | €12,812 | ▼ 34.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€1,382 | -€1,108 | €47,995 | -€41,692 | ▼ 187% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 89 days late
2023
31-12
Financial
Highest result since 2018net €19,528 ▲1,342%
Operating result €42,001, net result €19,528, both a record.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Back to profitnet €2,540
Net result €2,540 after 2 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€1,251
Net result drops to -€1,251, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2001
Ground area
1.3 ha
Building footprint
3,763 m²
Volume, LiDAR
36,255 m³
2 parcels, Flanders · tallest building 20.3 m, ±3 floors. Linked by address, not a title deed.
46
companies at this address
See who is registered here
1 establishment unit
Schuurveldlaan 56, 2610 Antwerpen
since 20012.097.866.312
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0271/00V000 | Flanders | 1.2 ha | 1 · 3,657 m² | 20.3 m · 3 fl. |
| 11463D0440/00L000 | Flanders | 413 m² | 1 · 106 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,214 companies in sector 62900 we hold annual accounts for 1,746. 1,382 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-01-2001
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473938436
Also
9925:BE0473938436
Registered
25-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.