I-TY

Active

Private limited companyfounded 201610 yrs activeBoulevard des Nerviens(TOU) 10, 7500 Tournai, BelgiumKBO/BCE: BE 0649.440.041

The computed 12-month bankruptcy probability of I-TY is 1.7% (moderate). The 2024 annual accounts show equity of €154k and a net result of €23k. Equity is growing by ~40.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 1630 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

84 / 100

Excellent▲ +18 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability76▲+32

Solvency67▲+23

Growth78▲+26

Stability100

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €13k at 30 days acceptable

Liquidity tight (current ratio 1.5 against 1.18 in 2023), and 64.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 33

Relative position

BE, all sectors

reference

Sector 33

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.

NBB · 9 filings

Deviation from the deadline

2025

not confirmed

2024

31 d early

2023

83 d late

2022

192 d late

2021

92 d late

2020

83 d late

2019

96 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€688k

EBIT margin

4.7%

Net result

€23k▲ 104%

2023 · €11k

2018: €19k 2019: €-106k 2020: €94k 2021: €51k 2022: €65k 2023: €11k

2018 → 2024

Working capital

€56k▲ 64.7%

2023 · €34k

2018: €-12k 2019: €-125k 2020: €-27k 2021: €22k 2022: €69k 2023: €34k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€21k-€72k▲ 246%€119k▲ 66.0%€131k▲ 9.6%€154k▲ 17.9%

Operating result€105k-€75k▼ 28.6%€99k▲ 32.8%€16k▼ 84.2%€52k▲ 233%

Net result€94k-€51k▼ 45.6%€65k▲ 28.1%€11k▼ 82.5%€23k▲ 104%

Result per fiscal year

Operating resultNet result

The operating result recovers in 2024; 2024 is 233% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €431k

60.5%

39.5%

Fixed assets €260k▼ 5.4%

Current assets €170k▼ 23.2%

Equity and liabilities €431k

35.8%

64.2%

Equity €154k▲ 17.9%

Debt €276k▼ 24.4%

The debt ratio falls from 73.7% to 64.2%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€74k▲

2023 · €30k

Cash flow

€45k▲

2023 · €26k

Solvency

35.8%▲

2023 · 26.3%

Current ratio

1.50▲

2023 · 1.18

Quick ratio

0.96▲

2023 · 0.93

Debt / equity

1.79▼

2023 · 2.80

ROE

15.2%▲

2023 · 8.8%

ROA

5.4%▲

2023 · 2.3%

Interest coverage

22.93▲

2023 · 3.55

Debt

€276k▼

2023 · €366k

Debt ≤ 1 year

€114k▼

2023 · €187k

Debt > 1 year

€163k▼

2023 · €179k

Income taxes

€26k▲

2023 · €-4k

Staff costs

€66k▲

2023 · €50k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€497k€431k▼

Fixed assets21/28€275k€260k▼

Intangible fixed assets21€13k€7k▼

Tangible fixed assets22/27€262k€253k▼

Land and buildings22€255k€244k▼

Furniture and vehicles24€7k€9k▲

Financial fixed assets28€913€913=

Current assets29/58€221k€170k▼

Stocks and contracts in progress3€47k€61k▲

Stocks30/36€47k€61k▲

Amounts receivable within one year40/41€117k€13k▼

Trade receivables40€88k€12k▼

Other amounts receivable41€29k€820▼

Cash at bank and in hand54/58€56k€91k▲

Deferred charges and accrued income490/1€2k€5k▲

Equity and liabilities

Total equity and liabilities10/49€497k€431k▼

Equity10/15€131k€154k▲

Contributions10/11€19k€19k=

Reserves13€112k€136k▲

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Distributable reserves133€110k€134k▲

Amounts payable17/49€366k€276k▼

Amounts payable after more than one year17€179k€163k▼

Financial debts170/4€179k€163k▼

Other amounts payable178/9€130€130=

Amounts payable within one year42/48€187k€114k▼

Current portion of amounts payable after more than one year42€16k€16k▲

Trade debts44€111k€19k▼

Suppliers440/4€111k€19k▼

Advances received on contracts in progress46-€713

Taxes, remuneration and social security45€42k€32k▼

Taxes450/3€30k€22k▼

Remuneration and social security454/9€12k€10k▼

Other amounts payable47/48€18k€46k▲

Accrued charges and deferred income492/3€107€0▼

Income statement Code20232024

Remuneration, social security and pensions62€50k€66k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€21k▲

Other operating charges640/8€4k€4k▲

Gross operating margin9900€85k€144k▲

Operating profit (loss)9901€16k€52k▲

Financial income75/76B€1€60▲

Recurring financial income75€1€60▲

Financial charges65/66B€9k€3k▼

Recurring financial charges65€9k€3k▼

Profit (loss) for the period before taxes9903€7k€49k▲

Income taxes67/77€-4k€26k▲

Profit (loss) for the period9904€11k€23k▲

Profit (loss) for the period to be appropriated9905€11k€23k▲

Appropriation of the result

Profit (loss) to be appropriated9906€11k€23k▲

Transfer to equity691/2€11k€23k▲

To other reserves6921€11k€23k▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 4Filings 9

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Equity above €150kEq €154k ▲17.9%

5 profitable years in a row build equity to €154k.

22-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 83 days late

08-02

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 192 days late

2022

31-12

Financial Equity above €100kEq €119k ▲66%

3 profitable years in a row build equity to €119k.

31-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 92 days late

2021

22-10

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 83 days late

2020

31-12

Financial Back to profitnet €94k

Net result €94k after one loss-making year.

04-11

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 96 days late

2019

31-12

Financial Weakest financial yearnet €-106k ▼668%

Net result drops to €-106k, the lowest in the series; recovery starts the following year.

06-06

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

27-03

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

06-04

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

05-08-2025 Loïc ALCAIDE MARQUEZ: Resigned as Manager

27-03-2023 MASURE Jonathan: Resigned as Director

Location & real-estate footprint

Registered office, Tournai · 3 establishment units since 2016

establishment approximate All 3 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Boulevard des Nerviens(TOU) 107500 Tournai

Ground area

408 m²

Building footprint

182 m²

Volume, LiDAR

2,005 m³

3 parcels, Wallonia · tallest building 15.7 m, ±5 floors. Linked by address, not a title deed.

3 establishment units

I-TY TOURNAI

Boulevard des Nerviens(TOU) 10, 7500 TournaiRetail trade

since 20162.263.046.523

I-TY ATH

Rue de Pintamont 9, 7800 AthRetail trade

since 20162.263.047.018

I-TY MONS

Rue de Nimy 141, 7000 MonsRetail trade

since 20172.263.047.216

3 parcels

Wallonia 3 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
57462A0281/00L023	Wallonia	217 m²	1 · 54 m²	15.7 m · 5 fl.
51004D0587/00D000	Wallonia	112 m²	1 · 45 m²	13.8 m · 4 fl.
53403F0026/00_000	Wallonia	79 m²	1 · 82 m²	13.2 m · 3 fl.