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IFTControl

Open bankruptcy
Private limited companyfounded 2021Nolsebaan 31, 2910 Essen, BelgiumKBO/BCE: BE 0768.632.057

A bankruptcy procedure is open for IFTControl according to publications in the Belgian Official Gazette; trustee: Barbara Heysse.

Summary

The 2022 annual accounts show equity of €32,209 and a net result of €5,991.

IFTControlOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
17 September 2026
Supervising judge
Christiaan Govaerts
Official Gazette
25-09-2026 (pdf) ↗search the document for 2026/139209

Deadlines

Provisional date payments stopped
17 September 2026A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 10 October 2026Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 17 October 2026art. XX.104 and XX.155, Code of Economic Law
First verification report
13 November 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
17 September 2027A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

What to do now

  1. Stop delivering on credit unless the trustee agrees.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.

These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.

File a claim in RegSol ↗ Follow Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Computer programming
NACE 62100
1 site
Size
≈ €68,000turnover 2022, estimated
Equity
€32,209
Profit
€5,991
Turnover estimated from the gross margin
Financial health
Open bankruptcy: no score
Structure
1 of 2 deeds summarised
Signalsraises riskOpen bankruptcy2022 accounts filed 31 days lateShow the evidence

Signals

Two signals.
raises risk
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
raises risk · 2022 accounts filed 31 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
31 days late
2021
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 15 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Antwerp, Antwerp…
  2. Annual accounts filedfinancial year 2022 · micro…
  3. Registered officeRegistered-office move

Financials · financial year 2022, micro format

2022 annual accounts filed late (31 days) Filed on 31 August 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00417847.

Turnover
≈ €68,000
Estimated: probably between €34,000 and €130,000
Total assets
€62,223▲ 77.2%
2021 · €35,113
Net result
€5,991▼ 74.7%
2021 · €23,719
Working capital
-€742
2021 · €26,219
Trend over the years

2021 to 2022, 2 financial years

The operating result falls in 2022; 2022 is 76% below 2021.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€7,860 2022 Net result€5,991 2022

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20212022
Operating result€32,687-€7,860▼ 76.0%
Net result€23,719within the sector's middle half-€5,991within the sector's middle half▼ 74.7%
Equity€26,219below the sector's middle half-€32,209within the sector's middle half▲ 22.8%
Total assets€35,113below the sector's middle half-€62,223below the sector's middle half▲ 77.2%
Debt€8,894-€30,014▲ 237%
Working capital€26,219within the sector's middle half--€742below the sector's middle half
Solvency74.7%within the sector's middle half-51.8%within the sector's middle half▼ 22.9pp
Current ratio3.95within the sector's middle half-0.98below the sector's middle half▼ 2.97
Return on assets (ROA)67.5%above the sector's middle half-9.6%within the sector's middle half▼ 57.9pp
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €62,223
Fixed assets €32,951
Current assets €29,272
Equity and liabilities €62,223
Equity €32,209 ▲ 22.8%
Debt €30,014 ▲ 237%
Debt's share of the balance-sheet total rises from 25.3% to 48.2%. Equity and debt are higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€12,455
Cash flow
€10,585
Debt to equity
0.93▲
2021 · 0.34
ROE
18.6%▼
2021 · 90.5%
Interest coverage
69.77
Debt ≤ 1 year
€30,014▲
2021 · €8,894
Income taxes
€1,691▼
2021 · €8,894
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 36 lines
Balance sheet Code20212022
Assets
Total assets20/58€35,113€62,223▲
Fixed assets21/28-€32,951
Tangible fixed assets22/27-€32,951
Furniture and vehicles24-€32,951
Current assets29/58€35,113€29,272▼
Amounts receivable within one year40/41€11,236€9,886▼
Trade receivables40€6,860€9,882▲
Other amounts receivable41€4,375€4▼
Cash at bank and in hand54/58€23,877€19,386▼
Equity and liabilities
Total equity and liabilities10/49€35,113€62,223▲
Equity10/15€26,219€32,209▲
Contributions10/11€2,500€2,500=
Reserves13€23,719€29,709▲
Distributable reserves133€23,719€29,709▲
Amounts payable17/49€8,894€30,014▲
Amounts payable within one year42/48€8,894€30,014▲
Financial debts43-€105
Credit institutions430/8-€105
Trade debts44-€15,640
Suppliers440/4-€15,640
Taxes, remuneration and social security45€8,894€12,545▲
Taxes450/3€8,894€12,545▲
Other amounts payable47/48-€1,724
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4,594
Other operating charges640/8-€60
Gross operating margin9900€32,687€12,515▼
Operating profit (loss)9901€32,687€7,860▼
Financial charges65/66B€74€179▲
Recurring financial charges65€74€179▲
Profit (loss) for the period before taxes9903€32,613€7,682▼
Income taxes67/77€8,894€1,691▼
Profit (loss) for the period9904€23,719€5,991▼
Profit (loss) for the period to be appropriated9905€23,719€5,991▼
Appropriation of the result
Profit (loss) to be appropriated9906€23,719€5,991▼
Transfer to equity691/2€23,719€5,991▼
To other reserves6921€23,719€5,991▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4,594-
Other operating charges640/8-€60-
Gross operating margin9900€32,687€12,515▼ 61.7%
Operating profit (loss)9901€32,687€7,860▼ 76.0%
Financial charges65/66B€74€179▲ 142%
Recurring financial charges65€74€179▲ 142%
Profit (loss) for the period before taxes9903€32,613€7,682▼ 76.4%
Income taxes67/77€8,894€1,691▼ 81.0%
Profit (loss) for the period9904€23,719€5,991▼ 74.7%
Profit (loss) for the period to be appropriated9905€23,719€5,991▼ 74.7%
Line20212022Change
Assets
Total assets20/58€35,113€62,223▲ 77.2%
Fixed assets21/28-€32,951-
Tangible fixed assets22/27-€32,951-
Furniture and vehicles24-€32,951-
Current assets29/58€35,113€29,272▼ 16.6%
Amounts receivable within one year40/41€11,236€9,886▼ 12.0%
Trade receivables40€6,860€9,882▲ 44.0%
Other amounts receivable41€4,375€4▼ 99.9%
Cash at bank and in hand54/58€23,877€19,386▼ 18.8%
Equity and liabilities
Total equity and liabilities10/49€35,113€62,223▲ 77.2%
Equity10/15€26,219€32,209▲ 22.8%
Contributions10/11€2,500€2,500=
Reserves13€23,719€29,709▲ 25.3%
Distributable reserves133€23,719€29,709▲ 25.3%
Amounts payable17/49€8,894€30,014▲ 237%
Amounts payable within one year42/48€8,894€30,014▲ 237%
Financial debts43-€105-
Credit institutions430/8-€105-
Trade debts44-€15,640-
Suppliers440/4-€15,640-
Taxes, remuneration and social security45€8,894€12,545▲ 41.0%
Taxes450/3€8,894€12,545▲ 41.0%
Other amounts payable47/48-€1,724-
Line20212022Change
Profit (loss) for the period9904€23,719€5,991▼ 74.7%
+ Depreciation and write-downs630-€4,594-
Operating cash flow (approximation)€23,719€10,585▼ 55.4%
Change in cash--€4,491-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2022 micro format 31-08-2023 2023-00417847
31-12-2021 micro format 29-07-2022 2022-20263374

Similar companies · same sector, comparable size

Of the 16,999 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,991. 6,575 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Barbara Heysse
Esmoreitlaan 5, 2050 Antwerpen 5
17-09-2026 → present

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 21 May 2021, IFTControl was incorporated as a private limited company.1 The company has filed 2 sets of annual accounts, the latest for financial year 2022.2 The company was declared bankrupt on 17 September 2026.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2022
  3. 3Belgian Official Gazette, 25-09-2026

Acts, filings and financial milestones

2026
25-09
Bankruptcy Opening
Enterprise Court of Antwerp, Antwerp division · judgment of 17-09-2026
2023
31-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 31 days late
23-06
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, “vergadering van de aandeelhouders” (deed in Dutch)
  • Registered-office move, Nolsebaan 31 te Essen
2022
29-07
NBB filing Annual accounts filed
financial year 2021 · micro format
SignalGazette deedNBB filing
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Opening faillissement

IFTControl is in the KBO register with the legal situation: opening faillissement.

Legal situation
Opening faillissement
Last annual accounts
financial year to 31 December 2022
Legal form
Private limited company
Active since
21 May 2021
Official KBO record

Register details

Identification
Legal formPrivate limited company
Founded21-05-2021
Financial year end31-12
Activities, NACEBEL 2025
62100Computer programming
Contact
E-mail m.aazzam@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0768632057
Also 9925:BE0768632057
Registered 25-01-2026

The company is no longer active; its listing in the Peppol Directory can remain until its access point withdraws it.

Register as of 29 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Essen · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
119 m²
Building footprint
87 m²
Building volume
378 m³
Parcel 11642D0112/00N003, Flanders · tallest building 7.5 m. Linked by address, not a title deed.
1 establishment unit
IFTControl
Nolsebaan 31, 2910 EssenComputer programming
since 2021unit no. 2.319.795.976
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
11642D0112/00N003 Flanders 119 m² 1 · 87 m² 7.5 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

Other provisionsOther rules from the articles that fall under none of the themes above.
1 more provision in the deed, see the deed of 23-06-2023

Read from the deeds: 1 provision, deed of 23-06-2023