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I-TRADING

Active
Private limited company (pre-2019)founded 201511 yrs activeKBO/BCE: BE 0629.956.008
Summary

The computed 12-month bankruptcy probability of I-TRADING is 7.8% (elevated). The 2024 annual accounts show negative equity (-€35,058) and a net result of -€5,971. Equity is shrinking by ~21.9% per year across the filed fiscal years. The company has been active since 2015 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record92
Bankruptcy probability, 12 months
7.8% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 0.29 in 2023; short-term debt: 391.9% and cash: 54% of total assets), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024
Solvency, return and age of the figures
Solvency
-291.9%
Return on assets
-49.7%
Age of the figures
21 mo
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€35,058
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-08-2025, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
21 d late
2023
21 d late
2022
29 d late
2021
29 d late
2020
30 d late
2019
89 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 37 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

I-TRADING was incorporated on 12 May 2015.1 Total assets rose from EUR 9,141 in 2018 to EUR 12,011 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
-€35,058▼ 20.5%
2023 · -€29,086
Total assets
€12,011=
2023 · €12,011
Net result
-€5,971▼ 32.3%
2023 · -€4,513
Working capital
-€35,058▼ 20.5%
2023 · -€29,086
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€3,059▼ 7.2%-€3,472▼ 13.5%-€3,570▼ 2.8%-€3,441▲ 3.6%-€4,756▼ 38.2%
Net result-€3,712▼ 8.7%-€4,303▼ 15.9%-€4,505▼ 4.7%-€4,513▼ 0.2%-€5,971▼ 32.3%
Equity-€15,765▼ 30.8%-€20,068▼ 27.3%-€24,574▼ 22.5%-€29,086▼ 18.4%-€35,058▼ 20.5%
Total assets€10,158▲ 5.5%€10,783▲ 6.2%€11,419▲ 5.9%€12,011▲ 5.2%€12,011=
Debt€25,923▲ 19.5%€30,851▲ 19.0%€35,993▲ 16.7%€41,097▲ 14.2%€47,069▲ 14.5%
Working capital-€15,765▼ 30.8%-€20,068▼ 27.3%-€24,574▼ 22.5%-€29,086▼ 18.4%-€35,058▼ 20.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2020: -€3,059-€3,059Net result 2020: -€3,712-€3,712Operating result 2021: -€3,472-€3,472Net result 2021: -€4,303-€4,303Operating result 2022: -€3,570-€3,570Net result 2022: -€4,505-€4,505Operating result 2023: -€3,441-€3,441Net result 2023: -€4,513-€4,513Operating result 2024: -€4,756-€4,756Net result 2024: -€5,971-€5,97120202021202220232024-€6,000-€4,000-€2,000€0Operating result 2022: -€3,570-€3,570Net result 2022: -€4,505-€4,510Operating result 2023: -€3,441-€3,440Net result 2023: -€4,513-€4,510Operating result 2024: -€4,756-€4,760Net result 2024: -€5,971-€5,970202220232024
The operating result stays negative: a loss of €4,756 in 2024 against €3,441 in 2023; the loss grows and 2024 has the lowest result in the available series.
Key figures and ratios
2024 value · change against 2023
Solvency
-291.9%▼
2023 · -242.2%
Current ratio
0.26▼
2023 · 0.29
Debt to equity
-1.34▲
2023 · -1.41
ROA
-49.7%▼
2023 · -37.6%
Debt ≤ 1 year
€47,069▲
2023 · €41,097
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.8% went bankrupt
8.1% stopped otherwise
85% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 7.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,906 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 24 lines
Balance sheet Code20232024
Assets
Total assets20/58€12,011€12,011=
Current assets29/58€12,011€12,011=
Amounts receivable within one year40/41€5,522€5,522=
Other amounts receivable41€5,522€5,522=
Cash at bank and in hand54/58€6,489€6,489=
Equity and liabilities
Total equity and liabilities10/49€12,011€12,011=
Equity10/15-€29,086-€35,058▼
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€35,286-€41,258▼
Amounts payable17/49€41,097€47,069▲
Amounts payable within one year42/48€41,097€47,069▲
Trade debts44€2,546€3,377▲
Suppliers440/4€2,546€3,377▲
Other amounts payable47/48€38,551€43,692▲
Income statement Code20232024
Other operating charges640/8€493€505▲
Gross operating margin9900-€2,947-€4,251▼
Operating profit (loss)9901-€3,441-€4,756▼
Financial charges65/66B€1,072€1,215▲
Recurring financial charges65€1,072€1,215▲
Profit (loss) for the period before taxes9903-€4,513-€5,971▼
Profit (loss) for the period9904-€4,513-€5,971▼
Profit (loss) for the period to be appropriated9905-€4,513-€5,971▼
Appropriation of the result
Profit (loss) to be appropriated9906-€35,286-€41,258▼
Profit (loss) brought forward from the previous period14P-€30,774-€35,286▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€449€450€493€505▲ 2.4%
Gross operating margin9900-€2,612-€3,023-€3,121-€2,947-€4,251▼ 44.2%
Operating profit (loss)9901-€3,059-€3,472-€3,570-€3,441-€4,756▼ 38.2%
Financial charges65/66B-€831€935€1,072€1,215▲ 13.4%
Recurring financial charges65€653€831€935€1,072€1,215▲ 13.4%
Profit (loss) for the period before taxes9903-€3,712-€4,303-€4,505-€4,513-€5,971▼ 32.3%
Profit (loss) for the period9904-€3,712-€4,303-€4,505-€4,513-€5,971▼ 32.3%
Profit (loss) for the period to be appropriated9905-€3,712-€4,303-€4,505-€4,513-€5,971▼ 32.3%
Line20202021202220232024Change
Assets
Total assets20/58€10,158€10,783€11,419€12,011€12,011=
Current assets29/58€10,158€10,783€11,419€12,011€12,011=
Amounts receivable within one year40/41€3,668€4,293€4,930€5,522€5,522=
Other amounts receivable41-€4,293€4,930€5,522€5,522=
Cash at bank and in hand54/58€6,489€6,489€6,489€6,489€6,489=
Equity and liabilities
Total equity and liabilities10/49€10,158€10,783€11,419€12,011€12,011=
Equity10/15-€15,765-€20,068-€24,574-€29,086-€35,058▼ 20.5%
Contributions10/11-€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€21,965-€26,268-€30,774-€35,286-€41,258▼ 16.9%
Amounts payable17/49€25,923€30,851€35,993€41,097€47,069▲ 14.5%
Amounts payable within one year42/48€25,923€30,851€35,993€41,097€47,069▲ 14.5%
Trade debts44€2,239€1,545€2,009€2,546€3,377▲ 32.7%
Suppliers440/4-€1,545€2,009€2,546€3,377▲ 32.7%
Other amounts payable47/48-€29,306€33,984€38,551€43,692▲ 13.3%
Line20202021202220232024Change
Profit (loss) for the period9904-€3,712-€4,303-€4,505-€4,513-€5,971▼ 32.3%
Operating cash flow (approximation)-€3,712-€4,303-€4,505-€4,513-€5,971▼ 32.3%
Change in cash-€0€0€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
16-03
KBO administration Address struck
event 28-02-2026
2025
21-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
31-12
Financial Weakest financial yearnet -€5,971
Net result drops to -€5,971, the lowest in the series.
21-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
28-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 89 days late
2019
26-11
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 118 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
29-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 121 days late
2016
17-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 78 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Brasschaat · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
2,400 m²
Building footprint
126 m²
Volume, LiDAR
727 m³
Parcel 11322E0001/00H003, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
86 companies at this address See who is registered here
1 establishment unit
I-Trading
Agents in the wholesale of industrial machinery, ships and aircraft
since 20152.248.236.306
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11322E0001/00H003 Flanders 2,400 m² 1 · 126 m² 8.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded12-05-2015
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.