ICTB
ActiveSummary
ICTB has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €141,438 and a net result of -€65,562. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 3540 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency96▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 1.72 against 4.68 in 2023; short-term debt: 28.6% and cash: 23.5% of total assets), and 28.6% 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○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 2024Solvency, return and age of the figures
Solvency
71.4%
Return on assets
-33.1%
Age of the figures
21 mo
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
34 d early
2022
5 d early
2021
4 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2024, micro schema
Equity
€141,438▼ 31.7%
2023 · €206,999
Total assets
€197,968▼ 18.9%
2023 · €244,247
Net result
-€65,562
2023 · €65,039
Working capital
€40,481▼ 70.2%
2023 · €135,974
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€48,844-€27,395▼ 43.9%€99,052▲ 262%-€69,365
Net result€34,789-€18,843▼ 45.8%€65,039▲ 245%-€65,562
Equity€123,117-€141,960▲ 15.3%€206,999▲ 45.8%€141,438▼ 31.7%
Total assets€154,367-€180,257▲ 16.8%€244,247▲ 35.5%€197,968▼ 18.9%
Debt€31,251-€38,297▲ 22.5%€37,248▼ 2.7%€56,530▲ 51.8%
Working capital€106,361-€121,353▲ 14.1%€135,974▲ 12.0%€40,481▼ 70.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €69,365 after €99,052 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €197,968
Fixed assets
€100,957 ▲ 41.6%
Current assets
€97,011 ▼ 43.9%
Equity and liabilities €197,968
Equity
€141,438 ▼ 31.7%
Debt
€56,530 ▲ 51.8%
Debt's share of the balance-sheet total rises from 15.3% to 28.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€52,968▼
2023 · €115,163
Cash flow
-€49,165▼
2023 · €81,150
Current ratio
1.72▼
2023 · 4.68
Quick ratio
1.51▼
2023 · 4.27
Debt to equity
0.40▲
2023 · 0.18
ROE
-46.4%▼
2023 · 31.4%
ROA
-33.1%▼
2023 · 26.6%
Interest coverage
-433.42▼
2023 · 272.08
Debt ≤ 1 year
€56,530▲
2023 · €36,984
Income taxes
€214▼
2023 · €34,880
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | €5,652 | €1,110 | €9,050 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,398 | €13,390 | €16,111 | €16,397 | ▲ 1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €180 | €14,666 | ▲ 8,048% |
| Other operating charges640/8 | €867 | €1,124 | €1,455 | €1,362 | ▼ 6.4% |
| Non-recurring operating charges66A | - | - | - | €942 | - |
| Gross operating margin9900 | €56,108 | €41,908 | €116,797 | -€35,998 | ▼ 131% |
| Operating profit (loss)9901 | €48,844 | €27,395 | €99,052 | -€69,365 | ▼ 170% |
| Financial income75/76B | €1,355 | €1,284 | €1,291 | €4,139 | ▲ 221% |
| Recurring financial income75 | €1,355 | €1,284 | €1,291 | €4,139 | ▲ 221% |
| Financial charges65/66B | €508 | €307 | €423 | €122 | ▼ 71.1% |
| Recurring financial charges65 | €508 | €307 | €423 | €122 | ▼ 71.1% |
| Profit (loss) for the period before taxes9903 | €49,690 | €28,372 | €99,919 | -€65,347 | ▼ 165% |
| Income taxes67/77 | €14,902 | €9,528 | €34,880 | €214 | ▼ 99.4% |
| Profit (loss) for the period9904 | €34,789 | €18,843 | €65,039 | -€65,562 | ▼ 201% |
| Profit (loss) for the period to be appropriated9905 | €34,789 | €18,843 | €65,039 | -€65,562 | ▼ 201% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €154,367 | €180,257 | €244,247 | €197,968 | ▼ 18.9% |
| Fixed assets21/28 | €23,140 | €22,240 | €71,289 | €100,957 | ▲ 41.6% |
| Tangible fixed assets22/27 | €23,140 | €22,240 | €71,289 | €50,957 | ▼ 28.5% |
| Plant, machinery and equipment23 | €7,265 | €6,883 | €4,970 | €3,058 | ▼ 38.5% |
| Furniture and vehicles24 | €15,875 | €15,358 | €66,319 | €47,899 | ▼ 27.8% |
| Financial fixed assets28 | - | - | - | €50,000 | - |
| Current assets29/58 | €131,227 | €158,016 | €172,958 | €97,011 | ▼ 43.9% |
| Amounts receivable after more than one year29 | €11,769 | €5,416 | - | - | - |
| Other amounts receivable291 | €11,769 | €5,416 | - | - | - |
| Stocks and contracts in progress3 | €53,462 | €36,226 | €14,920 | €11,678 | ▼ 21.7% |
| Stocks30/36 | €53,462 | €36,226 | €14,920 | €11,678 | ▼ 21.7% |
| Amounts receivable within one year40/41 | €22,682 | €22,906 | €36,527 | €26,957 | ▼ 26.2% |
| Trade receivables40 | €16,242 | €16,538 | €31,111 | €23,828 | ▼ 23.4% |
| Other amounts receivable41 | €6,440 | €6,368 | €5,416 | €3,129 | ▼ 42.2% |
| Current investments50/53 | €33,484 | €33,484 | €33,484 | €6,550 | ▼ 80.4% |
| Cash at bank and in hand54/58 | €4,786 | €53,757 | €82,815 | €46,466 | ▼ 43.9% |
| Deferred charges and accrued income490/1 | €5,045 | €6,226 | €5,212 | €5,361 | ▲ 2.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €154,367 | €180,257 | €244,247 | €197,968 | ▼ 18.9% |
| Equity10/15 | €123,117 | €141,960 | €206,999 | €141,438 | ▼ 31.7% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Outside capital11 | €2,500 | - | - | - | - |
| Other1109/19 | €2,500 | - | - | - | - |
| Reserves13 | €120,617 | €139,460 | €204,499 | €204,499 | = |
| Distributable reserves133 | €120,617 | €139,460 | €204,499 | €204,499 | = |
| Profit (loss) carried forward14 | - | - | - | -€65,562 | - |
| Amounts payable17/49 | €31,251 | €38,297 | €37,248 | €56,530 | ▲ 51.8% |
| Amounts payable after more than one year17 | €5,849 | €1,105 | - | - | - |
| Financial debts170/4 | €5,849 | €1,105 | - | - | - |
| Amounts payable within one year42/48 | €24,866 | €36,664 | €36,984 | €56,530 | ▲ 52.8% |
| Current portion of amounts payable after more than one year42 | €3,955 | €4,381 | €1,105 | - | - |
| Trade debts44 | €5,581 | €9,549 | €6,333 | €4,724 | ▼ 25.4% |
| Suppliers440/4 | €5,581 | €9,549 | €6,333 | €4,724 | ▼ 25.4% |
| Advances received on contracts in progress46 | - | - | €1,499 | €1,499 | = |
| Taxes, remuneration and social security45 | €15,331 | €18,985 | €19,618 | €4,830 | ▼ 75.4% |
| Taxes450/3 | €15,331 | €18,985 | €17,588 | €771 | ▼ 95.6% |
| Remuneration and social security454/9 | - | - | €2,030 | €4,060 | ▲ 100% |
| Other amounts payable47/48 | - | €3,749 | €8,429 | €45,477 | ▲ 440% |
| Accrued charges and deferred income492/3 | €536 | €527 | €264 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,789 | €18,843 | €65,039 | -€65,562 | ▼ 201% |
| + Depreciation and write-downs630 | €6,398 | €13,390 | €16,111 | €16,397 | ▲ 1.8% |
| Operating cash flow (approximation) | €41,187 | €32,233 | €81,150 | -€49,165 | ▼ 161% |
| Investment in fixed assets (approximation) | - | -€12,490 | -€65,160 | -€46,064 | ▲ 29.3% |
| Change in cash | - | €48,972 | €29,057 | -€36,349 | ▼ 225% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€65,562
Net result drops to -€65,562, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €65,039 ▲245%
Operating result €99,052, net result €65,039, both a record.
31-12
Financial
Equity above €200,000Eq €206,999 ▲45.8%
3 profitable years in a row build equity to €206,999.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial 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, Hasselt · 1 establishment unit since 2009
Ground area
913 m²
Building footprint
175 m²
Volume, LiDAR
935 m³
Parcel 71324E0419/00D000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Techniekshop.be
since 20092.178.949.602
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0419/00D000 | Flanders | 913 m² | 1 · 175 m² | 7.8 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 333 EUR awarded · 333 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 333 EUR | 333 EUR |
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Of 862 companies in sector 95100 we hold annual accounts for 264. 203 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
Founded10-06-2009
Fiscal year end31-12
Activities, NACEBEL 2025
95100Repair and maintenance of computers and communication equipment
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
Contact
E-mail
bart.coenen@ictb.beHasselt
Phone
0477/345777Hasselt
Scores and ratios are computed by Checked and are not a credit decision.