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I & T Works

Active
Private limited companyfounded 2016active for 10 yearsGalgenbergstraat 23, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0663.859.486
Summary

I & T Works has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110,517 and a net result of €59,118. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 56% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

Source: KBO
Status
Active since 05-10-2016 Normal situation
Activity
General electrical installation work NACE 43211
Establishment unit
2.257.544.148 3550 Heusden-Zolder, since 05-10-2016
Financial year end
31 December
Peppol
Reachable since 17-12-2025

Board and ownership

Board

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Gross margin
€132,848
▲ 40.8%
Turnover
≈ €370,000
estimated
Profit
€59,118
▲ 127%
Equity
€110,517
▲ 115%
Total assets
€227,270
▲ 20.6%
Filed on 15-07-2026, 16 days before the deadline
Score breakdownraises riskLiquidity: current ratio 1.69Sector: Specialised construction activities (NACE 43)Size: total assets €227,270lowers riskEquity €110,517 (48.6% of total assets)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 71% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 74+22
equity 48.6% of total assets
Liquidity 51+10
short-term debt 49.0%
Profitability 100+14
return on assets 26.0%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 3.5% 01-2025: 3.4%▼ -0.1 percentage points vs 12-2024 02-2025: 3.2%▼ -0.2 percentage points vs 01-2025 03-2025: 3.2%● unchanged vs 02-2025 04-2025: 3.2%● unchanged vs 03-2025 05-2025: 3.2%● unchanged vs 04-2025 06-2025: 3.1%▼ -0.1 percentage points vs 05-2025 07-2025: 3.2%▲ +0.1 percentage points vs 06-2025 08-2025: 4.0%▲ +0.8 percentage points vs 07-2025highest value 09-2025: 1.4%▼ -2.6 percentage points vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.3%▼ -0.1 percentage points vs 05-2026 07-2026: 1.4%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 1.2%● unchanged vs 08-2026lowest value 10-2026: 1.2%● unchanged vs 09-2026lowest value 11-2026: 1.2%● unchanged vs 10-2026lowest value
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.69 (0.97 in 2024), above the usual 1.5. Short-term debt is 49% of total assets. However, 51.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 53% of them on solvency, 46% on liquidity, 92% on profitability and 92% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.69
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: total assets €227,270
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €110,517 (48.6% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €110,517
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
16 days early
2024
26 days late
2023
9 days early
2022
11 days early
2021
150 days late
2020
31 days late
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 28 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2025from €51,399 to €110,517 ▲ 115% View

Recent changes

  1. · Gazette deed Change of role: KUCUKTOPAL Ibrahim, from manager to director
  2. · Gazette deed Resignation: Kurtal Temel (director)
  3. · Gazette deed Incorporation
All 19 events

Comparable companies

These companies have the same main activity as I & T Works: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €207,000 and €237,000, founded between 2016 and 2018.

CompanyTotal assetsGross margin
I & T Works Heusden-Zolder€227,270€132,848
SUNEXPERT Tessenderlo€206,821€125,353
BRUNELEC Olne€226,221€140,068
MEJORA Nazareth-De Pinte€216,018€119,888
EECKHOUDT MAICK Temse€235,372€155,380
Jérôme BECKERS Plombières€229,529€126,419
SECURCO Roeselare€237,087€113,433
Full comparison

Key facts about I & T Works

What is the company number of I & T Works?
The company number of I & T Works is 0663.859.486. The VAT number is the same number with BE in front: BE 0663.859.486.
Where is I & T Works based?
The registered office is at Galgenbergstraat 23, 3550 Heusden-Zolder.Company details
What does I & T Works do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of I & T Works?
The legal form of I & T Works is Private limited company (BV).
When was I & T Works founded?
I & T Works was founded on 05-10-2016.
Is I & T Works still active?
Yes, I & T Works is an active enterprise in the KBO register.
How many employees does I & T Works have?
I & T Works had an average of 0.3 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of I & T Works?
The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €132,848 and 56 comparable companies (NACE 43211). It probably lies between €280,000 and €460,000.
Is I & T Works profitable?
In financial year 2025, I & T Works made a profit of €59,118.
Where can I find the annual accounts of I & T Works?
I & T Works filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of I & T Works due?
I & T Works must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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