ICT Constantinescu
ActiveICT Constantinescu has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €135k and a net result of €29k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 79% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-28
Solvency100=
Growth50▼-17
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 6.16 against 6.13 in 2023; short-term debt: 15.7% and cash: 47.4% of total assets), and 15.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
42 d late
2022
on the day
2021
101 d late
2020
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€156k▲ 1.5%
2023 · €153k
2020: €137k
2021: €137k
2022: €181k
2023: €153k
2020 → 2024
EBIT margin
52.2%▼ 0.5pp
2023 · 52.7%
2020: 35.0%
2021: 38.4%
2022: 47.4%
2023: 52.7%
2020 → 2024
Net result
€29k▼ 53.8%
2023 · €63k
2020: €36k
2021: €40k
2022: €68k
2023: €63k
2020 → 2024
Working capital
€130k▼ 5.3%
2023 · €137k
2020: €40k
2021: €81k
2022: €148k
2023: €137k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€137k-€137k▼ 0.2%€181k▲ 32.0%€153k▼ 15.1%€156k▲ 1.5%
Equity€41k-€81k▲ 97.1%€149k▲ 83.7%€138k▼ 7.8%€135k▼ 1.9%
Operating result€48k-€53k▲ 9.6%€86k▲ 62.9%€81k▼ 5.6%€81k▲ 0.5%
Net result€36k-€40k▲ 10.4%€68k▲ 70.0%€63k▼ 6.8%€29k▼ 53.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 0% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €160k
Fixed assets
€5k▲ 651%
Current assets
€155k▼ 5.4%
Equity and liabilities €160k
Equity
€135k▼ 1.9%
Debt
€25k▼ 6.0%
The debt ratio falls from 16.2% to 15.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€82k▲
2023 · €81k
Cash flow
€30k▼
2023 · €64k
Solvency
84.3%▲
2023 · 83.8%
Current ratio
6.16▲
2023 · 6.13
Quick ratio
6.16▲
2023 · 6.13
Debt / equity
0.19▼
2023 · 0.19
ROE
21.7%▼
2023 · 46.0%
ROA
18.3%▼
2023 · 38.6%
Interest coverage
1.90▼
2023 · 328.99
Debt
€25k▼
2023 · €27k
Debt ≤ 1 year
€25k▼
2023 · €27k
Income taxes
€9k▼
2023 · €17k
Staff costs
€135▼
2023 · €191
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€164k€160k▼
Fixed assets21/28€712€5k▲
Tangible fixed assets22/27€607€5k▲
Furniture and vehicles24€607€5k▲
Financial fixed assets28€105€105=
Current assets29/58€164k€155k▼
Amounts receivable within one year40/41€72k€79k▲
Trade receivables40€25k€31k▲
Other amounts receivable41€47k€48k▲
Cash at bank and in hand54/58€92k€76k▼
Equity and liabilities
Total equity and liabilities10/49€164k€160k▼
Equity10/15€138k€135k▼
Contributions10/11€5k€5k=
Capital10€5k-
Issued capital100€5k-
Reserves13€500€500=
Non-distributable reserves130/1€500-
Legal reserve130€500-
Distributable reserves133-€500
Profit (loss) carried forward14€132k€130k▼
Amounts payable17/49€27k€25k▼
Amounts payable within one year42/48€27k€25k▼
Trade debts44€11k€17k▲
Suppliers440/4€2k€1k▼
Bills of exchange payable441€9k€16k▲
Taxes, remuneration and social security45€16k€8k▼
Taxes450/3€16k€8k▼
Income statement
Code20232024
Turnover70€153k€156k▲
Goods, raw materials, services and sundry goods60/61€88k€90k▲
Remuneration, social security and pensions62€191€135▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€343€624▲
Other operating charges640/8€598€511▼
Gross operating margin9900€82k€83k▲
Operating profit (loss)9901€81k€81k▲
Financial charges65/66B€247€43k▲
Recurring financial charges65€247€43k▲
Profit (loss) for the period before taxes9903€81k€38k▼
Income taxes67/77€17k€9k▼
Profit (loss) for the period9904€63k€29k▼
Profit (loss) for the period to be appropriated9905€63k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€207k€162k▼
Profit (loss) brought forward from the previous period14P€144k€132k▼
Profit to be distributed694/7€75k€32k▼
Return on contributions (dividend)694€75k€32k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Weakest financial yearnet €29k ▼53.8%
Net result drops to €29k, the lowest in the series.
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 42 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2020net €68k ▲70%
Operating result €86k, net result €68k, both a record.
31-12
Financial
Equity above €100kEq €149k ▲83.7%
3 profitable years in a row build equity to €149k.
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 101 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Oudergem · 1 establishment unit since 2019
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.
Herrmann-Debrouxlaan 541160 OudergemGround area
6,047 m²
Building footprint
2,076 m²
Volume, LiDAR
41,107 m³
2 parcels, Brussels · tallest building 30.4 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
ICT Constantinescu
since 20192.296.341.673
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0081/00H002 | Brussels | 3,929 m² | 1 · 1,150 m² | 30.4 m · 9 fl. |
| 21363B0348/00E002 | Brussels | 2,118 m² | 1 · 926 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900LYZ9W8MVF7EJ46
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,390. 15,408 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-11-2019
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.