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IT CONTRACTOR

Active
Private limited companyfounded 20187 yrs activeLindenlaan 8, 8700 Tielt, BelgiumKBO/BCE: BE 0716.753.091

IT CONTRACTOR has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €465k and a net result of €149k. Equity is growing by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 16922 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
98 / 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency98▼-2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 3.2 in 2024), and 43.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 62
lower
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
56.8%
Return on assets
18.2%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
18 d early
2024
22 d early
2023
15 d early
2022
30 d late
2021
22 d late
2020
11 d early
2019
24 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€465k=
2024 · €465k
2019: €44k 2020: €106k 2021: €218k 2022: €334k 2023: €330k 2024: €465k
2019 → 2025
Total assets
€818k▲ 20.5%
2024 · €679k
2019: €94k 2020: €185k 2021: €329k 2022: €463k 2023: €576k 2024: €679k
2019 → 2025
Net result
€149k▲ 9.4%
2024 · €136k
2019: €33k 2020: €62k 2021: €113k 2022: €111k 2023: €109k 2024: €136k
2019 → 2025
Working capital
€465k▲ 4.0%
2024 · €447k
2019: €21k 2020: €94k 2021: €210k 2022: €330k 2023: €284k 2024: €447k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€218k-€334k▲ 53.1%€330k▼ 1.4%€465k▲ 41.0%€465k=
Operating result€154k-€160k▲ 3.6%€171k▲ 7.1%€209k▲ 22.4%€200k▼ 4.2%
Net result€113k-€111k▼ 2.4%€109k▼ 1.8%€136k▲ 25.1%€149k▲ 9.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2021: €154k€154kNet result 2021: €113k€113kOperating result 2022: €160k€160kNet result 2022: €111k€111kOperating result 2023: €171k€171kNet result 2023: €109k€109kOperating result 2024: €209k€209kNet result 2024: €136k€136kOperating result 2025: €200k€200kNet result 2025: €149k€149k20212022202320242025
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €818k
Fixed assets €11k▼ 59.9%
Current assets €806k▲ 24.0%
Equity and liabilities €818k
Equity €465k=
Debt €353k▲ 65.0%
The debt ratio rises from 31.5% to 43.2%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
EBITDA
€218k
2024 · €226k
Cash flow
€166k
2024 · €153k
Solvency
56.8%
2024 · 68.5%
Current ratio
2.36
2024 · 3.20
Quick ratio
2.36
2024 · 3.00
Debt / equity
0.76
2024 · 0.46
ROE
32.0%
2024 · 29.2%
ROA
18.2%
2024 · 20.0%
Interest coverage
19.10
2024 · 21.60
Debt
€353k
2024 · €214k
Debt ≤ 1 year
€341k
2024 · €203k
Income taxes
€49k
2024 · €64k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€679k€818k
Fixed assets21/28€29k€11k
Tangible fixed assets22/27€29k€11k
Plant, machinery and equipment23€2k€2k
Furniture and vehicles24€27k€10k
Current assets29/58€650k€806k
Stocks and contracts in progress3€41k€0
Stocks30/36€41k€0
Amounts receivable within one year40/41€69k€132k
Trade receivables40€69k€131k
Other amounts receivable41€0€16
Current investments50/53€40k€259k
Cash at bank and in hand54/58€500k€414k
Deferred charges and accrued income490/1€430€1k
Equity and liabilities
Total equity and liabilities10/49€679k€818k
Equity10/15€465k€465k=
Contributions10/11€19k€19k=
Reserves13€446k€446k=
Distributable reserves133€446k€446k=
Profit (loss) carried forward14€0€0=
Amounts payable17/49€214k€353k
Amounts payable within one year42/48€203k€341k
Financial debts43€512€90
Credit institutions430/8€512€90
Trade debts44€4k€12k
Suppliers440/4€4k€12k
Taxes, remuneration and social security45€24k€22k
Taxes450/3€24k€22k
Other amounts payable47/48€175k€308k
Accrued charges and deferred income492/3€11k€12k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k=
Other operating charges640/8€2k€2k
Non-recurring operating charges66A€0-
Gross operating margin9900€228k€219k
Operating profit (loss)9901€209k€200k
Financial income75/76B€1k€8k
Recurring financial income75€1k€6k
Non-recurring financial income76B-€2k
Financial charges65/66B€10k€11k
Recurring financial charges65€10k€11k
Profit (loss) for the period before taxes9903€200k€197k
Income taxes67/77€64k€49k
Profit (loss) for the period9904€136k€149k
Profit (loss) for the period to be appropriated9905€136k€149k
Appropriation of the result
Profit (loss) to be appropriated9906€136k€149k
Transfer from equity791/2€0-
Transfer to equity691/2€135k€0
To other reserves6921€135k€0
Profit to be distributed694/7€833€149k
Return on contributions (dividend)694€833€149k

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2019net €149k ▲9.4%
Net result €149k, the highest in the series.
09-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
22-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial Equity above €200kEq €218k ▲106%
3 profitable years in a row build equity to €218k.
20-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €100kEq €106k ▲139%
2 profitable years in a row build equity to €106k.
07-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Tielt · 1 establishment unit since 2018
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Lindenlaan 88700 Tielt
Ground area
361 m²
Building footprint
90 m²
Volume, LiDAR
620 m³
Parcel 37303G0143/00S000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IT CONTRACTOR
Lindenlaan 8, 8700 TieltPrinting and reproduction of recorded media
since 20182.283.437.408
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37303G0143/00S000 Flanders 361 m² 1 · 90 m² 8.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,885 companies in sector 62200 we hold annual accounts for 18,321. 12,222 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded21-12-2018
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.