IoT-D
ActiveSummary
IoT-D has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €169,676 and a net result of -€7,913. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 53% of 1547 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability16=
Solvency70=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.57 in 2023; short-term debt: 42.2% and cash: 1.8% of total assets), and 54.7% of the assets are financed with debt.
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Signals
Seven 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
45.3%
Return on assets
-2.1%
Age of the figures
21 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€7,913
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
69 d late
2022
60 d late
2021
31 d late
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check 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 Which of your other customers can you e-invoice via Peppol?Peppol check 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, full schema
In the rankings
#10 company by equity in Chaudfontaine, Telecoms and IT sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€7,913▼ 3.9%
2023 · -€7,616
Working capital
-€86,445▼ 27.7%
2023 · -€67,697
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€6,738▲ 129%-€3,449-€347▲ 89.9%-€43,206▼ 12,342%-€7,525▲ 82.6%
Net result€186,168above the sector's middle half▲ 16,946%-€5,551below the sector's middle half-€1,538below the sector's middle half▲ 72.3%-€7,616below the sector's middle half▼ 395%-€7,913below the sector's middle half▼ 3.9%
Equity€228,293within the sector's middle half▲ 68.8%€222,743within the sector's middle half▼ 2.4%€221,205within the sector's middle half▼ 0.7%€177,589within the sector's middle half▼ 19.7%€169,676within the sector's middle half▼ 4.5%
Total assets€445,480within the sector's middle half▲ 68.7%€434,185within the sector's middle half▼ 2.5%€459,133within the sector's middle half▲ 5.7%€395,507within the sector's middle half▼ 13.9%€374,496within the sector's middle half▼ 5.3%
Debt€217,186▲ 68.6%€211,443▼ 2.6%€237,928▲ 12.5%€217,918▼ 8.4%€204,820▼ 6.0%
Working capital-€22,891▼ 3,363%-€64,279▼ 181%-€35,871▲ 44.2%-€67,697▼ 88.7%-€86,445▼ 27.7%
Solvency51.2%within the sector's middle half=51.3%within the sector's middle half▲ 0.1pp48.2%within the sector's middle half▼ 3.1pp44.9%within the sector's middle half▼ 3.3pp45.3%within the sector's middle half▲ 0.4pp
Staff (FTE)3.4within the sector's middle half▲ 113%5.5within the sector's middle half▲ 61.8%6.3within the sector's middle half▲ 14.5%5.3within the sector's middle half▼ 15.9%2.6below the sector's middle half▼ 50.9%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2020 Net result +16,946% on 2019. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7,525 in 2024 against €43,206 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €374,496
Fixed assets
€302,775 ▼ 0.6%
Current assets
€71,722 ▼ 21.1%
Equity and liabilities €374,496
Equity
€169,676 ▼ 4.5%
Debt
€204,820 ▼ 6.0%
Debt's share of the balance-sheet total falls from 55.1% to 54.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€5,719▲
2023 · -€30,850
Cash flow
-€6,108▼
2023 · €4,740
Current ratio
0.45▼
2023 · 0.57
Debt to equity
1.21▼
2023 · 1.23
ROE
-4.7%▼
2023 · -4.3%
ROA
-2.1%▼
2023 · -1.9%
Interest coverage
-12.45▲
2023 · -75.18
Debt ≤ 1 year
€158,166▼
2023 · €158,624
Debt > 1 year
€42,346=
2023 · €42,346
Staff costs
€147,769▼
2023 · €292,965
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €281,588 | €351,190 | €292,965 | €147,769 | ▼ 49.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €958 | €1,113 | €1,785 | €12,356 | €1,805 | ▼ 85.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €9,613 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €1,499 | €748 | €3,746 | €652 | ▼ 82.6% |
| Gross operating margin9900 | €173,759 | €280,750 | €353,375 | €275,475 | €142,702 | ▼ 48.2% |
| Operating profit (loss)9901 | €6,738 | -€3,449 | -€347 | -€43,206 | -€7,525 | ▲ 82.6% |
| Financial income75/76B | - | €210 | €9 | €36,000 | €71 | ▼ 99.8% |
| Recurring financial income75 | €182,295 | €210 | €9 | €36,000 | €71 | ▼ 99.8% |
| Financial charges65/66B | - | €1,462 | €1,199 | €410 | €459 | ▲ 11.9% |
| Recurring financial charges65 | €2,528 | €1,462 | €1,199 | €410 | €459 | ▲ 11.9% |
| Profit (loss) for the period before taxes9903 | €186,505 | -€4,701 | -€1,538 | -€7,616 | -€7,913 | ▼ 3.9% |
| Income taxes67/77 | €337 | €850 | €0 | - | - | - |
| Profit (loss) for the period9904 | €186,168 | -€5,551 | -€1,538 | -€7,616 | -€7,913 | ▼ 3.9% |
| Profit (loss) for the period to be appropriated9905 | €186,168 | -€5,551 | -€1,538 | -€7,616 | -€7,913 | ▼ 3.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €445,480 | €434,185 | €459,133 | €395,507 | €374,496 | ▼ 5.3% |
| Fixed assets21/28 | €315,695 | €317,622 | €316,936 | €304,580 | €302,775 | ▼ 0.6% |
| Intangible fixed assets21 | €10,540 | €10,540 | €10,540 | €0 | - | - |
| Tangible fixed assets22/27 | €4,554 | €4,482 | €3,795 | €1,980 | €175 | ▼ 91.2% |
| Plant, machinery and equipment23 | - | €3,452 | €2,349 | €1,247 | €145 | ▼ 88.4% |
| Furniture and vehicles24 | - | €1,030 | €1,446 | €733 | €30 | ▼ 95.9% |
| Financial fixed assets28 | €300,600 | €302,600 | €302,600 | €302,600 | €302,600 | = |
| Current assets29/58 | €129,785 | €116,563 | €142,197 | €90,927 | €71,722 | ▼ 21.1% |
| Stocks and contracts in progress3 | €9,613 | €9,613 | €9,613 | €0 | - | - |
| Stocks30/36 | - | €9,613 | €9,613 | €0 | - | - |
| Amounts receivable within one year40/41 | €92,814 | €57,710 | €46,733 | €51,704 | €50,205 | ▼ 2.9% |
| Trade receivables40 | - | €55,937 | €44,956 | €49,322 | €48,502 | ▼ 1.7% |
| Other amounts receivable41 | - | €1,773 | €1,777 | €2,382 | €1,703 | ▼ 28.5% |
| Cash at bank and in hand54/58 | €18,188 | €49,095 | €25,092 | €2,288 | €6,809 | ▲ 198% |
| Deferred charges and accrued income490/1 | - | €146 | €60,760 | €36,935 | €14,708 | ▼ 60.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €445,480 | €434,185 | €459,133 | €395,507 | €374,496 | ▼ 5.3% |
| Equity10/15 | €228,293 | €222,743 | €221,205 | €177,589 | €169,676 | ▼ 4.5% |
| Contributions10/11 | €0 | €12,670 | €12,670 | €12,670 | €12,670 | = |
| Capital10 | - | €0 | - | - | - | - |
| Issued capital100 | - | €0 | - | - | - | - |
| Uncalled capital101 | - | €0 | - | - | - | - |
| Outside capital11 | - | €12,670 | €12,670 | €12,670 | €12,670 | = |
| Other1109/19 | - | €12,670 | €12,670 | €12,670 | €12,670 | = |
| Profit (loss) carried forward14 | €179,624 | €174,073 | €172,535 | €164,919 | €157,007 | ▼ 4.8% |
| Investment grants15 | - | €36,000 | €36,000 | €0 | - | - |
| Amounts payable17/49 | €217,186 | €211,443 | €237,928 | €217,918 | €204,820 | ▼ 6.0% |
| Amounts payable after more than one year17 | €54,848 | €30,000 | €0 | €42,346 | €42,346 | = |
| Financial debts170/4 | - | €30,000 | €0 | €42,346 | €42,346 | = |
| Amounts payable within one year42/48 | €152,676 | €180,843 | €178,068 | €158,624 | €158,166 | ▼ 0.3% |
| Current portion of amounts payable after more than one year42 | - | €24,848 | €0 | - | - | - |
| Trade debts44 | €10,613 | €6,101 | €15,470 | €16,578 | €32,143 | ▲ 93.9% |
| Suppliers440/4 | - | €6,101 | €15,470 | €16,578 | €32,143 | ▲ 93.9% |
| Taxes, remuneration and social security45 | - | €88,664 | €97,709 | €75,063 | €61,181 | ▼ 18.5% |
| Taxes450/3 | - | €31,702 | €24,528 | €24,111 | €19,437 | ▼ 19.4% |
| Remuneration and social security454/9 | - | €56,962 | €73,181 | €50,952 | €41,744 | ▼ 18.1% |
| Other amounts payable47/48 | - | €61,229 | €64,889 | €66,984 | €64,842 | ▼ 3.2% |
| Accrued charges and deferred income492/3 | - | €600 | €59,860 | €16,948 | €4,307 | ▼ 74.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €186,168 | -€5,551 | -€1,538 | -€7,616 | -€7,913 | ▼ 3.9% |
| + Depreciation and write-downs630 | €958 | €1,113 | €1,785 | €12,356 | €1,805 | ▼ 85.4% |
| Operating cash flow (approximation) | €187,126 | -€4,438 | €247 | €4,740 | -€6,108 | ▼ 229% |
| Investment in fixed assets (approximation) | - | -€3,040 | -€1,099 | €0 | €0 | - |
| Change in cash | - | €30,907 | -€24,004 | -€22,804 | €4,521 | ▲ 120% |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet -€7,913
Net result drops to -€7,913, the lowest in the series.
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 69 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 60 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €186,168 ▲16,946%
Operating result €6,738, net result €186,168, both a record.
31-12
Financial
Equity above €200,000Eq €228,293 ▲68.8%
2 profitable years in a row build equity to €228,293.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Back to profitnet €1,092
Net result €1,092 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €135,247 ▲694%
Equity rises from €17,033 to €135,247.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Chaudfontaine · 1 establishment unit since 2018
Ground area
1,893 m²
Building footprint
197 m²
Volume, LiDAR
1,054 m³
Parcel 62030A0032/00A004, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
IoT-D
since 20182.273.831.042
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62030A0032/00A004 | Wallonia | 1,893 m² | 1 · 197 m² | 7.6 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.
Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 31-12-2023 list no shareholders, and no other source names one.
Holdings 3
-
48.58%
-
20%
-
10%
According to the 2023 annual accounts of IoT-D and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 16,911 companies in sector 62100 we hold annual accounts for 8,778. 6,790 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded27-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
69109Other legal services
70200Business and other management consultancy
72200Scientific research and development
74120Graphic design and visual communication
E-invoicing
Reachable via Peppol
Peppol ID
0208:0691547642
Registered
17-03-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.