IT ADVANTAGE
ActiveSummary
IT ADVANTAGE has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107,992 and a net result of €21,681. Equity is growing by about 5.6% per year across the filed financial years. Its solvency ranks better than 36% of 21,007 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Financials · financial year 2025, micro format
Equity
€107,992▲ 25.1%
2024 · €86,311
Total assets
€246,737▲ 5.6%
2024 · €233,590
Net result
€21,681
2024 · -€6,321
Working capital
€3,370▼ 85.4%
2024 · €23,111
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result recovers in 2025; 2025 is 53,696% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€39,464
2025
Net result€21,681
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€246,737
2025
Equity€107,992
2025
Debt€138,745
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€3,370
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)8.8%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency43.8%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.13
2025
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
Line20182019202020212022202320242025
Operating result€32,511-€56,369▲ 73.4%€60,756▲ 7.8%€10,623▼ 82.5%€8,746▼ 17.7%€3,864▼ 55.8%€73▼ 98.1%€39,464▲ 53,696%
Net result€22,103-€39,891▲ 80.5%€45,962above the sector's middle half▲ 15.2%€7,299within the sector's middle half▼ 84.1%€4,227within the sector's middle half▼ 42.1%-€3,051below the sector's middle half-€6,321below the sector's middle half▼ 107%€21,681within the sector's middle half
Equity€28,303-€68,194▲ 141%€114,156within the sector's middle half▲ 67.4%€91,455within the sector's middle half▼ 19.9%€95,683within the sector's middle half▲ 4.6%€92,631within the sector's middle half▼ 3.2%€86,311within the sector's middle half▼ 6.8%€107,992within the sector's middle half▲ 25.1%
Total assets€39,066-€105,362▲ 170%€144,591within the sector's middle half▲ 37.2%€97,112within the sector's middle half▼ 32.8%€151,721within the sector's middle half▲ 56.2%€279,083above the sector's middle half▲ 83.9%€233,590within the sector's middle half▼ 16.3%€246,737within the sector's middle half▲ 5.6%
Debt€10,763-€37,168▲ 245%€30,434▼ 18.1%€5,657▼ 81.4%€56,038▲ 891%€186,451▲ 233%€147,280▼ 21.0%€138,745▼ 5.8%
Working capital€26,956-€57,815▲ 114%€95,831within the sector's middle half▲ 65.8%€77,439within the sector's middle half▼ 19.2%€46,988within the sector's middle half▼ 39.3%€58,788within the sector's middle half▲ 25.1%€23,111within the sector's middle half▼ 60.7%€3,370below the sector's middle half▼ 85.4%
Solvency72.5%-64.7%▼ 7.7pp79.0%above the sector's middle half▲ 14.2pp94.2%above the sector's middle half▲ 15.2pp63.1%within the sector's middle half▼ 31.1pp33.2%within the sector's middle half▼ 29.9pp36.9%within the sector's middle half▲ 3.8pp43.8%within the sector's middle half▲ 6.8pp
Current ratio3.50-2.56▼ 0.954.15within the sector's middle half▲ 1.5914.69above the sector's middle half▲ 10.543.25within the sector's middle half▼ 11.432.77within the sector's middle half▼ 0.481.87within the sector's middle half▼ 0.911.13below the sector's middle half▼ 0.74
Return on assets (ROA)56.6%-37.9%▼ 18.7pp31.8%above the sector's middle half▼ 6.1pp7.5%within the sector's middle half▼ 24.3pp2.8%below the sector's middle half▼ 4.7pp-1.1%below the sector's middle half▼ 3.9pp-2.7%below the sector's middle half▼ 1.6pp8.8%within the sector's middle half▲ 11.5pp
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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €246,737
Fixed assets
€216,432 ▲ 17.7%
Current assets
€30,305 ▼ 39.1%
Equity and liabilities €246,737
Equity
€107,992 ▲ 25.1%
Debt
€138,745 ▼ 5.8%
Debt's share of the balance-sheet total falls from 63.1% to 56.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39,464▲
2024 · €168
Cash flow
€21,681▲
2024 · -€6,226
Debt to equity
1.28▼
2024 · 1.71
ROE
20.1%▲
2024 · -7.3%
Interest coverage
6.74▲
2024 · 0.03
Debt ≤ 1 year
€26,935▲
2024 · €26,670
Debt > 1 year
€108,800▼
2024 · €117,600
Income taxes
€11,932▲
2024 · €245
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,366 | €6,375 | €7,204 | €8,267 | €4,133 | €4,133 | €95 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €1,467 | €1,328 | €1,134 | €9,700 | €1,887 | ▼ 80.5% |
| Gross operating margin9900 | €35,954 | €64,882 | €69,128 | €20,358 | €14,208 | €9,132 | €9,869 | €41,352 | ▲ 319% |
| Operating profit (loss)9901 | €32,511 | €56,369 | €60,756 | €10,623 | €8,746 | €3,864 | €73 | €39,464 | ▲ 53,696% |
| Financial income75/76B | - | - | - | €958 | €807 | €0 | - | €2 | - |
| Recurring financial income75 | €40 | €7 | €691 | €958 | €807 | €0 | - | €2 | - |
| Financial charges65/66B | - | - | - | €339 | €1,135 | €5,719 | €6,149 | €5,854 | ▼ 4.8% |
| Recurring financial charges65 | €147 | €223 | €148 | €339 | €1,135 | €5,719 | €6,149 | €5,854 | ▼ 4.8% |
| Profit (loss) for the period before taxes9903 | €32,403 | €56,153 | €61,299 | €11,242 | €8,418 | -€1,855 | -€6,075 | €33,613 | - |
| Income taxes67/77 | €10,300 | €16,262 | €15,337 | €3,943 | €4,191 | €1,196 | €245 | €11,932 | ▲ 4,764% |
| Profit (loss) for the period9904 | €22,103 | €39,891 | €45,962 | €7,299 | €4,227 | -€3,051 | -€6,321 | €21,681 | - |
| Profit (loss) for the period to be appropriated9905 | €22,103 | €39,891 | €45,962 | €7,299 | €4,227 | -€3,051 | -€6,321 | €21,681 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €39,066 | €105,362 | €144,591 | €97,112 | €151,721 | €279,083 | €233,590 | €246,737 | ▲ 5.6% |
| Fixed assets21/28 | €1,347 | €10,379 | €18,325 | €14,016 | €83,895 | €187,125 | €183,809 | €216,432 | ▲ 17.7% |
| Tangible fixed assets22/27 | €1,347 | €10,379 | €18,325 | €14,016 | €9,883 | €5,750 | €0 | - | - |
| Plant, machinery and equipment23 | - | - | - | €1,654 | €874 | €95 | €0 | - | - |
| Furniture and vehicles24 | - | - | - | €0 | - | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | €12,363 | €9,009 | €5,655 | €0 | - | - |
| Financial fixed assets28 | - | - | - | - | €74,012 | €181,375 | €183,809 | €216,432 | ▲ 17.7% |
| Current assets29/58 | €37,719 | €94,982 | €126,265 | €83,096 | €67,825 | €91,958 | €49,781 | €30,305 | ▼ 39.1% |
| Amounts receivable within one year40/41 | €25,614 | €69,944 | €44,660 | €61,792 | €61,539 | €59,132 | €24,858 | €17,523 | ▼ 29.5% |
| Trade receivables40 | - | - | - | €39,089 | €53,906 | €52,022 | €22,608 | €15,092 | ▼ 33.2% |
| Other amounts receivable41 | - | - | - | €22,702 | €7,633 | €7,110 | €2,250 | €2,432 | ▲ 8.1% |
| Current investments50/53 | €4 | €4 | €4 | €4 | €4 | €4 | €4 | €4 | ▲ 0.2% |
| Cash at bank and in hand54/58 | €10,968 | €24,148 | €78,484 | €17,315 | €4,961 | €11,022 | €9,816 | €3,068 | ▼ 68.7% |
| Deferred charges and accrued income490/1 | - | - | - | €3,984 | €1,321 | €21,800 | €15,102 | €9,710 | ▼ 35.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €39,066 | €105,362 | €144,591 | €97,112 | €151,721 | €279,083 | €233,590 | €246,737 | ▲ 5.6% |
| Equity10/15 | €28,303 | €68,194 | €114,156 | €91,455 | €95,683 | €92,631 | €86,311 | €107,992 | ▲ 25.1% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €41,860 | €71,860 | €79,060 | €83,260 | €83,260 | €83,260 | €101,790 | ▲ 22.3% |
| Non-distributable reserves130/1 | - | - | - | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €79,060 | €83,260 | €83,260 | €83,260 | €101,790 | ▲ 22.3% |
| Profit (loss) carried forward14 | €20,243 | €20,134 | €36,096 | €6,195 | €6,223 | €3,171 | -€3,149 | €2 | - |
| Amounts payable17/49 | €10,763 | €37,168 | €30,434 | €5,657 | €56,038 | €186,451 | €147,280 | €138,745 | ▼ 5.8% |
| Amounts payable after more than one year17 | - | - | - | - | €35,200 | €151,400 | €117,600 | €108,800 | ▼ 7.5% |
| Financial debts170/4 | - | - | - | - | €35,200 | €151,400 | €117,600 | €108,800 | ▼ 7.5% |
| Amounts payable within one year42/48 | €10,763 | €37,168 | €30,434 | €5,657 | €20,838 | €33,170 | €26,670 | €26,935 | ▲ 1.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €8,800 | €8,800 | €8,800 | €8,800 | = |
| Financial debts43 | - | - | - | - | - | €1,837 | €737 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | - | - | €1,837 | €737 | €0 | ▼ 100% |
| Trade debts44 | €3,662 | €22,089 | €24,248 | €2,442 | €6,869 | €9,175 | €4,156 | €449 | ▼ 89.2% |
| Suppliers440/4 | - | - | - | €2,442 | €6,869 | €9,175 | €4,156 | €449 | ▼ 89.2% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | - | €4,182 | - |
| Taxes, remuneration and social security45 | - | - | - | €3,215 | €5,169 | €9,981 | €8,184 | €10,729 | ▲ 31.1% |
| Taxes450/3 | - | - | - | €3,215 | €5,169 | €9,981 | €8,184 | €10,729 | ▲ 31.1% |
| Other amounts payable47/48 | - | - | - | - | - | €3,378 | €4,792 | €2,775 | ▼ 42.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €1,881 | €3,010 | €3,010 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,103 | €39,891 | €45,962 | €7,299 | €4,227 | -€3,051 | -€6,321 | €21,681 | - |
| + Depreciation and write-downs630 | €2,366 | €6,375 | €7,204 | €8,267 | €4,133 | €4,133 | €95 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €24,469 | €46,266 | €53,166 | €15,566 | €8,361 | €1,082 | -€6,226 | €21,681 | - |
| Investment in fixed assets (approximation) | - | -€15,407 | -€15,150 | -€3,958 | -€74,012 | -€107,363 | €3,220 | -€32,622 | - |
| Change in cash | - | €13,180 | €54,336 | -€61,169 | -€12,354 | €6,060 | -€1,205 | -€6,749 | ▼ 460% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 17-07-2026 | 2026-00304417 |
| 31-12-2024 | micro format | 17-06-2025 | 2025-00143746 |
| 31-12-2023 | micro format | 11-07-2024 | 2024-00234127 |
| 31-12-2022 | micro format | 15-06-2023 | 2023-00128569 |
| 31-12-2021 | micro format | 15-06-2022 | 2022-20064585 |
| 31-12-2020 | micro format | 18-06-2021 | 2021-21400337 |
| 31-12-2019 | micro format | 14-07-2020 | 2020-30100225 |
| 31-12-2018 | micro format | 11-07-2019 | 2019-31900118 |
Similar companies · same sector, comparable size
L-Soft
BE 0800.726.189
Zwevegem · equity €108,010
Specified
BE 0727.537.711
Kontich · equity €108,032
NUMISYS
BE 0712.896.451
Watermaal-Bosvoorde · equity €107,934
Karimba
BE 0781.526.921
Landen · equity €108,071
DIGICOR
BE 0875.064.219
Grimbergen · equity €108,084
Of the 29,849 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,795. 15,852 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.