IT 4 PROGRESS
ActiveFrom the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
IT 4 PROGRESS has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210,173 and a net result of €27,040. Equity has been growing by about 9% per year since 2019. Its solvency ranks better than 77% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 22-06-2011 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200and 3 others
- Establishment unit
- 2.200.943.460 1750 Lennik, since 22-06-2011
- Financial year end
- 30 June
- Peppol
- Reachable since 08-07-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €50,152
- ▲ 13.9%
- Turnover
- ≈ €96,000
- estimated
- Profit
- €27,040
- ▲ 54.6%
- Equity
- €210,173
- ▲ 13.7%
- Total assets
- €257,750
- ▲ 6.5%
- Staff
- ≈ 0 FTE
- estimated
Score breakdownlowers riskLiquidity: current ratio 4.86, cash €69,648Sector: Computer programming, consultancy and related activities (NACE 62)Equity €210,173 (81.5% of total assets)Figures for financial year 2025 (filed on 05-02-2026)Show 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 62, micro). It does better than 85% of them on solvency, 68% on liquidity, 42% on profitability and 60% on growth.
The bankruptcy probability was computed on 31-10-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 13 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-01-2026 PDF all 14 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 35% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Comparable companies
These companies have the same main activity as IT 4 PROGRESS: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €225,000 and €281,000, founded between 2010 and 2013.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| IT 4 PROGRESS Lennik | 2011 | €257,750 | €210,173 | €50,152 | €27,040 | 2025 |
| Blits Holsbeek | 2010 | €267,691 | €234,663 | €50,990 | €31,601 | 2026 |
| JB-VISION Grimbergen | 2011 | €243,398 | €3,421 | €51,196 | €3,822 | 2025 |
| FAURGA Rotselaar | 2012 | €280,897 | €226,181 | €51,221 | €28,052 | 2025 |
| 2F CONSULTING Wezembeek-Oppem | 2012 | €224,525 | €185,749 | €47,662 | €24,627 | 2025 |
| FLEMING INTERTRADE & CONSULTING Landen | 2013 | €233,311 | €96,951 | €52,249 | €19,040 | 2025 |
| VANDEBON SOLUTIONS Glabbeek | 2013 | €268,245 | €161,848 | €52,836 | €25,557 | 2025 |
They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 34,693 companies had the same profile as IT 4 PROGRESS has now. Two years later, 0.7% had gone bankrupt and 95.3% were still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of IT 4 PROGRESS itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 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 34,693 companies, not a prediction for IT 4 PROGRESS. 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €786 | €2,504 | €2,430 | €1,366 | ▼ 43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,314 | €12,765 | €13,542 | €17,933 | €18,355 | €10,750 | €8,761 | ▼ 18.5% |
| Other operating charges640/8 | - | - | - | €2,954 | €2,202 | €3,167 | €2,742 | ▼ 13.4% |
| Gross operating margin9900 | €47,340 | €38,673 | €45,716 | €44,699 | €37,409 | €44,029 | €50,152 | ▲ 13.9% |
| Operating profit (loss)9901 | €31,069 | €23,378 | €29,249 | €23,026 | €14,348 | €27,682 | €37,282 | ▲ 34.7% |
| Financial income75/76B | - | - | - | €774 | €481 | €650 | €2,810 | ▲ 333% |
| Recurring financial income75 | €0 | €0 | €4 | €774 | €481 | €650 | €2,810 | ▲ 333% |
| Financial charges65/66B | - | - | - | €1,464 | €1,273 | €2,349 | €1,956 | ▼ 16.8% |
| Recurring financial charges65 | €2,057 | €2,028 | €1,701 | €1,464 | €1,273 | €2,349 | €1,956 | ▼ 16.8% |
| Profit (loss) for the period before taxes9903 | €29,013 | €21,350 | €27,551 | €22,336 | €13,555 | €25,982 | €38,137 | ▲ 46.8% |
| Income taxes67/77 | €6,708 | €4,775 | €8,704 | €7,275 | €5,135 | €8,496 | €11,096 | ▲ 30.6% |
| Profit (loss) for the period9904 | €22,304 | €16,574 | €18,848 | €15,061 | €8,420 | €17,487 | €27,040 | ▲ 54.6% |
| Profit (loss) for the period to be appropriated9905 | €22,304 | €16,574 | €18,848 | €15,061 | €8,420 | €17,487 | €27,040 | ▲ 54.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €232,811 | €235,915 | €238,849 | €237,096 | €230,774 | €242,105 | €257,750 | ▲ 6.5% |
| Fixed assets21/28 | €167,818 | €156,300 | €153,991 | €151,535 | €133,180 | €123,644 | €130,876 | ▲ 5.8% |
| Tangible fixed assets22/27 | €167,818 | €156,300 | €153,991 | €151,535 | €133,180 | €123,644 | €130,876 | ▲ 5.8% |
| Land and buildings22 | - | - | - | €126,941 | €123,182 | €119,423 | €115,664 | ▼ 3.1% |
| Plant, machinery and equipment23 | - | - | - | €3,467 | €2,518 | €1,570 | €621 | ▼ 60.4% |
| Furniture and vehicles24 | - | - | - | €21,127 | €7,480 | €2,652 | €14,592 | ▲ 450% |
| Current assets29/58 | €64,993 | €79,614 | €84,857 | €85,560 | €97,594 | €118,461 | €126,874 | ▲ 7.1% |
| Amounts receivable within one year40/41 | €12 | €237 | €6,440 | €6,733 | €7,872 | €8,166 | €27,213 | ▲ 233% |
| Trade receivables40 | - | - | - | €458 | €309 | €31 | €16,608 | ▲ 529× |
| Other amounts receivable41 | - | - | - | €6,276 | €7,563 | €8,135 | €10,605 | ▲ 30.4% |
| Current investments50/53 | - | - | €2,500 | €8,500 | €14,500 | €20,500 | €26,500 | ▲ 29.3% |
| Cash at bank and in hand54/58 | €62,369 | €76,543 | €72,709 | €67,163 | €66,770 | €74,940 | €69,648 | ▼ 7.1% |
| Deferred charges and accrued income490/1 | - | - | - | €3,164 | €8,452 | €14,855 | €3,513 | ▼ 76.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €232,811 | €235,915 | €238,849 | €237,096 | €230,774 | €242,105 | €257,750 | ▲ 6.5% |
| Equity10/15 | €122,434 | €131,408 | €148,632 | €162,093 | €168,912 | €184,799 | €210,173 | ▲ 13.7% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €4,427 | €13,401 | €30,625 | €44,085 | €50,905 | €66,792 | €93,832 | ▲ 40.5% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | €2,567 | €2,567 | €2,567 | €2,567 | = |
| Distributable reserves133 | - | - | - | €39,659 | €46,478 | €64,225 | €91,265 | ▲ 42.1% |
| Profit (loss) carried forward14 | €111,807 | €111,807 | €111,807 | €111,807 | €111,807 | €111,807 | €110,141 | ▼ 1.5% |
| Amounts payable17/49 | €110,377 | €104,506 | €90,217 | €75,003 | €61,862 | €57,306 | €47,576 | ▼ 17.0% |
| Amounts payable after more than one year17 | €85,793 | €70,729 | €56,546 | €47,096 | €38,946 | €30,692 | €21,491 | ▼ 30.0% |
| Financial debts170/4 | - | - | - | €47,096 | €38,946 | €30,692 | €21,491 | ▼ 30.0% |
| Amounts payable within one year42/48 | €24,584 | €32,648 | €32,543 | €26,389 | €21,289 | €26,392 | €26,085 | ▼ 1.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €9,451 | €8,885 | €8,775 | €9,200 | ▲ 4.8% |
| Trade debts44 | €956 | €1,524 | €480 | €851 | €1,851 | €782 | €2,761 | ▲ 253% |
| Suppliers440/4 | - | - | - | €851 | €1,851 | €782 | €2,761 | ▲ 253% |
| Taxes, remuneration and social security45 | - | - | - | €14,337 | €8,554 | €13,835 | €12,124 | ▼ 12.4% |
| Taxes450/3 | - | - | - | €14,337 | €8,554 | €13,835 | €12,124 | ▼ 12.4% |
| Other amounts payable47/48 | - | - | - | €1,750 | €2,000 | €3,000 | €2,000 | ▼ 33.3% |
| Accrued charges and deferred income492/3 | - | - | - | €1,518 | €1,627 | €223 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,304 | €16,574 | €18,848 | €15,061 | €8,420 | €17,487 | €27,040 | ▲ 54.6% |
| + Depreciation and write-downs630 | €13,314 | €12,765 | €13,542 | €17,933 | €18,355 | €10,750 | €8,761 | ▼ 18.5% |
| Operating cash flow (approximation) | €35,618 | €29,339 | €32,389 | €32,993 | €26,775 | €28,237 | €35,801 | ▲ 26.8% |
| Investment in fixed assets (approximation) | - | -€1,247 | -€11,233 | -€15,477 | €0 | -€1,214 | -€15,993 | ▼ 1,217% |
| Change in cash | - | €14,174 | -€3,833 | -€5,547 | -€392 | €8,169 | -€5,292 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 30-01-2026 | 2026-00033300 | |
| 30-06-2024 | micro format | 31-01-2025 | 2025-00019212 | |
| 30-06-2023 | micro format | 21-12-2023 | 2023-00535491 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00022622 | |
| 30-06-2021 | micro format | 21-12-2021 | 2021-81200093 | |
| 30-06-2020 | micro format | 26-01-2021 | 2021-01900261 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03600317 | |
| 30-06-2018 | micro format | 31-01-2019 | 2019-04100376 | |
| 30-06-2017 | micro format | 23-01-2018 | 2018-02700347 | |
| 30-06-2016 | abbreviated format | 31-01-2017 | 2017-03300062 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 19-12-2023 Converted to unavailable equity
- 19-12-2023 Capital reduction of €12,400 · “vrijstelling van storting van volledige saldo nog niet volstorte inbreng”
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| VANPOECKE Luc |
|
| BOSSUYT Katrien |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Voor benoeming en beëindiging opdracht vaste vertegenwoordiger gelden zelfde regels openbaarmaking alsof hij in eigen naam en voor eigen…”
Articles of association, deed of 19-12-2023 (in Dutch)
Network & group
IT 4 PROGRESS shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of IT 4 PROGRESS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-12
Gazette deed
Resignation: VANPOECKE Luc (manager)Appointments: VANPOECKE Luc (director) and BOSSUYT Katrien (director) · Capital conversion · Reserve release17 points ▸
- General meeting, 11-12-2023
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV en rechtsvorm besloten vennootschap(afgekort BV)behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden statutenwijziging, aangelegde statutair onbeschikbare eigen vermogensrekening opheffen en middelen beschikbaar maken voor uitkering” (deed in Dutch)
- Capital decrease, €12,400
- Net-asset statement, 30-06-2023
- Other provision, “volstorting alle aandelen, ingevolge huidig besluit alle aandelen volledig volstort” (deed in Dutch)
- Other provision, “geen familiale vermindering of vrijstelling voorafgaand, 3 jaar voorafgaand aan akte” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, VANPOECKE Luc (manager)
- Board rule, 1
- The act holds 5 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202510 activities
- Alle operaties die rechtstreeks of onrechtstreeks betrekking hebben op de informatica in de ruime zin van het woord en onder meer softwareontwikkeling,verkoop en installatie van computer hardware en -software,verkoop en installatie van randapparatuur en toebehoren,verkoop van alle bureelartikelen in verband met computers,elektronische en elektrische installaties in verband met computers,de aankoop,verkoop,verhuring,import,export van alle artikelen die betrekking hebben op of behoren tot de handelssector van de computers,ontwikkelen van programma's,de studie en het ontwerpen van netwerken van computers en randapparatuur
- De groot- en kleinhandel in,evenals in-en uitvoer van alle elektrische en elektronische apparaten en toestellen,zoals telefoons,faxtoestellen en fotokopieerapparaten
- Het geven van opleidingen en cursussen en het organiseren van studiedagen,congressen en colloquia inzake informatica in de ruimste zin van het woord
- De groot- en kleinhandel in,evenals in- en uitvoer van boeken,tijdschriften en gespecialiseerde vakliteratuur inzake informatica in de ruimste zin van het woord
- Het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enzovoort
- Het geven van management,adviezen op het gebied van marketing,productie,financiën en administratief en commercieel beheer,het uitwerken van organisatieprojecten in alle ondernemingen
- Alle activiteiten die behoren tot het verstrekken van adviezen van bedrijfseconomische aard evenals het organiseren en voeren van de volledige administratieve organisatie voor bedrijven
- De vennootschap mag voorzien in supervisie,beheren,het raadgeven en controleren van filialen,van alle onroerende en roerende goederen,het beheren van vennootschappen in de meest uitgebreide zin
- Het opnemen en uitoefenen van bestuursmandaten in vennootschappen evenals het vervullen van de functie van vereffenaar
- Het beheer van onroerend vermogen,ze mag in dit verband,alle verrichtingen van aankoop,bouw,verandering,inrichting,verhuring,onderhuur,ruil en verkoop van alle onroerende goederen uitvoeren.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23072D0317/00Z002 | Flanders | 1,183 m² | 1 · 135 m² | 9.0 m · 2 |