IDD PROJECTS
ActiveSummary
IDD PROJECTS has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €445,804 and a net result of €193,814. Equity has been growing by about 11% per year since 2022. Its solvency ranks better than 35% of 324 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-02-2021 Normal situation
- Activity
- Other software publishing NACE 58290and 2 others
- Joint committees
- 149.01 Paritair Subcomité voor de elektriciens: installatie en distributie
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-06-2025
- Establishment unit
- 2.313.921.835 8793 Waregem, since 08-02-2021
- Financial year end
- 30 June
- Peppol
- Reachable since 29-01-2026
Board and ownership
- Consultancy IOD bvDirector · since 28-01-2021
- Dewaele PetraDirector · since 28-01-2021
- Telecom-IT nvDirector · since 30-01-2023
- TELECOM INTEGRATED TECHNOLOGIES30%· score 892025 annual accounts of TELECOM INTEGRATED TECHNOLOGIES
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €377,210
- ▲ 27.6%
- Turnover
- ≈ €890,000
- estimated
- Profit
- €193,814
- ▲ 80.4%
- Equity
- €445,804
- ▲ 10.8%
- Total assets
- €1.5m
- ▲ 24.6%
- Employees on 30-06-2025
- 2
Score breakdownlowers riskLiquidity: current ratio 2.66, cash €828,097Sector: Publishing activities (NACE 58)Figures for financial year 2025 (filed on 06-02-2026)Size: 1.8 FTE, total assets €1.5mShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 58, micro). It does better than 38% of them on solvency, 75% on liquidity, 72% on profitability and 63% on growth.
The bankruptcy probability was computed on 02-11-2026 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
The company filed its last 4 accounts on average 6 days after the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-01-2026 PDF all 4 filings
Every figure per financial year
The operating result for 2025 is 86% higher than in 2024 and the highest since 2022. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | - | - | - | 2 |
| full-time | - | - | - | 1 |
| part-time | - | - | - | 1 |
| in full-time equivalents | - | - | - | 1.3 |
| Average over the year, in full-time equivalents | 0.1 | 0.1 | 0.1 | 1.8 |
| On a permanent contract | - | - | - | 1 |
| Joined | - | - | - | 7 |
| Left | - | - | - | 5 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €379 | €41,606 | €1,519 | €71,849 |
| Financial fixed assets | €20 | - | - | - |
| Depreciation and write-downs of the year | €3,138 | €2,895 | €8,599 | €22,041 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Public contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €22,204 | €16,352 | €50,486 | €85,335 | ▲ 69.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,138 | €2,895 | €8,599 | €22,041 | ▲ 156% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €49,590 | €55,812 | €122,893 | €59,382 | ▼ 51.7% |
| Other operating charges640/8 | €834 | €1,261 | €1,013 | €1,331 | ▲ 31.4% |
| Gross operating margin9900 | €238,218 | €266,537 | €295,713 | €377,210 | ▲ 27.6% |
| Operating profit (loss)9901 | €162,452 | €190,217 | €112,722 | €209,120 | ▲ 85.5% |
| Financial income75/76B | €108 | €910 | €1,950 | €58 | ▼ 97.0% |
| Recurring financial income75 | €108 | €910 | €1,950 | €58 | ▼ 97.0% |
| Financial charges65/66B | €151 | €100 | €120 | €3,332 | ▲ 28× |
| Recurring financial charges65 | €151 | €100 | €120 | €3,332 | ▲ 28× |
| Profit (loss) for the period before taxes9903 | €162,410 | €191,027 | €114,552 | €205,847 | ▲ 79.7% |
| Income taxes67/77 | €19,293 | €18,642 | €7,089 | €12,033 | ▲ 69.7% |
| Profit (loss) for the period9904 | €143,117 | €172,385 | €107,464 | €193,814 | ▲ 80.4% |
| Profit (loss) for the period to be appropriated9905 | €143,117 | €172,385 | €107,464 | €193,814 | ▲ 80.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €0.8m | €0.8m | €1.2m | €1.5m | ▲ 24.6% |
| Fixed assets21/28 | €389 | €0.04m | €0.03m | €0.08m | ▲ 156% |
| Tangible fixed assets22/27 | €369 | €0.04m | €0.03m | €0.08m | ▲ 156% |
| Plant, machinery and equipment23 | €369 | €0.001m | €0.001m | €0.001m | ▼ 26.1% |
| Furniture and vehicles24 | - | €0.04m | €0.03m | €0.08m | ▲ 164% |
| Financial fixed assets28 | €20 | €20 | €20 | €20 | = |
| Current assets29/58 | €0.8m | €0.8m | €1.2m | €1.4m | ▲ 21.1% |
| Stocks and contracts in progress3 | €0.3m | €0.1m | €0.2m | €0.2m | ▼ 18.7% |
| Stocks30/36 | €0.3m | €0.1m | €0.2m | €0.2m | ▼ 18.7% |
| Amounts receivable within one year40/41 | €0.4m | €0.4m | €0.3m | €0.4m | ▲ 41.3% |
| Trade receivables40 | €0.2m | €0.3m | €0.3m | €0.4m | ▲ 48.7% |
| Other amounts receivable41 | €0.2m | €0.03m | €0.02m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.2m | €0.3m | €0.7m | €0.8m | ▲ 23.0% |
| Deferred charges and accrued income490/1 | €276 | €0.001m | €0.001m | €0.003m | ▲ 147% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €0.8m | €0.8m | €1.2m | €1.5m | ▲ 24.6% |
| Equity10/15 | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 10.8% |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.2m | €0.2m | €0.3m | €0.3m | ▲ 16.2% |
| Non-distributable reserves130/1 | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Tax-exempt reserves132 | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Distributable reserves133 | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 17.5% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €0.09m | €0.1m | €0.3m | €0.3m | ▲ 22.1% |
| Provisions for liabilities and charges160/5 | €0.09m | €0.1m | €0.3m | €0.3m | ▲ 22.1% |
| Other liabilities and charges164/5 | €0.09m | €0.1m | €0.3m | €0.3m | ▲ 22.1% |
| Amounts payable17/49 | €0.4m | €0.3m | €0.5m | €0.7m | ▲ 36.2% |
| Amounts payable after more than one year17 | €59 | €59 | €59 | €0.2m | ▲ 3,391× |
| Other amounts payable178/9 | €59 | €59 | €59 | €0.2m | ▲ 3,391× |
| Amounts payable within one year42/48 | €0.4m | €0.3m | €0.5m | €0.5m | ▼ 0.7% |
| Trade debts44 | €0.3m | €0.2m | €0.5m | €0.3m | ▼ 23.9% |
| Suppliers440/4 | €0.3m | €0.2m | €0.5m | €0.3m | ▼ 23.9% |
| Taxes, remuneration and social security45 | €0.03m | €0.02m | €0.007m | €0.04m | ▲ 431% |
| Taxes450/3 | €0.02m | €0.02m | €0 | €0.02m | - |
| Remuneration and social security454/9 | €0.007m | €0.006m | €0.007m | €0.02m | ▲ 108% |
| Other amounts payable47/48 | €0.09m | €0.1m | €0.08m | €0.2m | ▲ 90.9% |
| Accrued charges and deferred income492/3 | - | €45 | €0 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €143,117 | €172,385 | €107,464 | €193,814 | ▲ 80.4% |
| + Depreciation and write-downs630 | €3,138 | €2,895 | €8,599 | €22,041 | ▲ 156% |
| Operating cash flow (approximation) | €146,255 | €175,279 | €116,063 | €215,855 | ▲ 86.0% |
| Investment in fixed assets (approximation) | - | -€41,606 | -€1,519 | -€71,849 | ▼ 4,630% |
| Change in cash | - | €72,323 | €381,239 | €154,599 | ▼ 59.4% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,713 companies had the same profile as IDD PROJECTS has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of IDD PROJECTS itself is lower: < 0.1% within 12 months. It rests on far more data about IDD PROJECTS than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for IDD PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (4)
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerOwners 1
- Equity €3.9m Profit of €699,218 in 2025 (profit of €957,456 in 2024) Checked score 8930%
Mandate history
- Board
- end not dated
| Name | Functions and periods |
|---|---|
| Consultancy IOD bv |
|
| Dewaele Petra |
|
| Telecom-IT nv |
|
| TELECOM INTEGRATED TECHNOLOGIES |
|
Network & group
Connections & network
3 current directorsThe network starts from the directors of IDD PROJECTS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
31-03
Gazette deed
Appointment: Telecom-Integrated Technologies (bijkomend bestuurder)Permanent representative: Karl Neyrinck3 points ▸
- General meeting, 30-01-2023
- Director appointment, Telecom-Integrated Technologies (bijkomend bestuurder)
- Permanent representative, Karl Neyrinck
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34035A0302/00L000 | Flanders | 634 m² | 1 · 623 m² | 23.1 m · 3 |