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IT DEVELOPMENT AND MANAGEMENT

Active
Private limited companyfounded 200917 yrs activeKBO/BCE: BE 0809.156.083
Summary

The computed 12-month bankruptcy probability of IT DEVELOPMENT AND MANAGEMENT is 5.4% (elevated). The 2024 annual accounts show negative equity (-€11,330) and a net result of €852. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2009 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency0=
Growth78▲+26
Track record92
Bankruptcy probability, 12 months
5.4% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Age of the figures
Age of the figures
21 mo
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-01-2026, 155 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
155 d late
2023
184 d early
2022
20 d early
2021
11 d late
2020
40 d early
2019
95 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 3 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 16 January 2009, IT DEVELOPMENT AND MANAGEMENT was incorporated.1 Total assets went from EUR 1,196 in 2018 to EUR 1,926 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€11,330▲ 7.0%
2023 · -€12,182
Total assets
€1,926▲ 427%
2023 · €365
Net result
€852
2023 · -€1,871
Working capital
-€11,330▲ 7.0%
2023 · -€12,182
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€18,871▲ 0.5%-€1,413-€1,350▲ 4.4%-€1,823▼ 35.0%€984
Net result€18,829▲ 0.5%-€1,458-€1,446▲ 0.8%-€1,871▼ 29.4%€852
Equity-€7,407▲ 71.8%-€8,865▼ 19.7%-€10,311▼ 16.3%-€12,182▼ 18.1%-€11,330▲ 7.0%
Total assets€5,941▲ 457%€5,297▼ 10.9%€1,975▼ 62.7%€365▼ 81.5%€1,926▲ 427%
Debt€13,349▼ 51.1%€14,162▲ 6.1%€12,285▼ 13.2%€12,547▲ 2.1%€13,256▲ 5.7%
Working capital-€7,407▲ 71.8%-€8,865▼ 19.7%-€10,311▼ 16.3%-€12,182▼ 18.1%-€11,330▲ 7.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000Operating result 2020: €18,871€18,871Net result 2020: €18,829€18,829Operating result 2021: -€1,413-€1,413Net result 2021: -€1,458-€1,458Operating result 2022: -€1,350-€1,350Net result 2022: -€1,446-€1,446Operating result 2023: -€1,823-€1,823Net result 2023: -€1,871-€1,871Operating result 2024: €984€984Net result 2024: €852€85220202021202220232024-€2,000-€1,000€0€1,000Operating result 2022: -€1,350-€1,350Net result 2022: -€1,446-€1,450Operating result 2023: -€1,823-€1,820Net result 2023: -€1,871-€1,870Operating result 2024: €984€984Net result 2024: €852€852202220232024
The operating result returns to profit in 2024: €984 after a loss of €1,823 in 2023.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€13,256▲
2023 · €12,547
Ratios withheld: a balance sheet total of €1,926 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more
2.9% went bankrupt
4.8% stopped otherwise
92% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 5.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€365€1,926▲
Current assets29/58€365€1,926▲
Amounts receivable within one year40/41€219€176▼
Other amounts receivable41€219€176▼
Cash at bank and in hand54/58€146-
Deferred charges and accrued income490/1-€1,750
Equity and liabilities
Total equity and liabilities10/49€365€1,926▲
Equity10/15-€12,182-€11,330▲
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€20,242-€19,390▲
Amounts payable17/49€12,547€13,256▲
Amounts payable within one year42/48€12,547€13,256▲
Financial debts43-€119
Credit institutions430/8-€119
Other amounts payable47/48€12,547€13,137▲
Income statement Code20232024
Goods, raw materials, services and sundry goods60/61-€34,596
Other operating charges640/8€764-
Gross operating margin9900-€1,059€984▲
Operating profit (loss)9901-€1,823€984▲
Financial charges65/66B€48€133▲
Recurring financial charges65€48€133▲
Profit (loss) for the period before taxes9903-€1,871€852▲
Profit (loss) for the period9904-€1,871€852▲
Profit (loss) for the period to be appropriated9905-€1,871€852▲
Appropriation of the result
Profit (loss) to be appropriated9906-€20,242-€19,390▲
Profit (loss) brought forward from the previous period14P-€18,371-€20,242▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Goods, raw materials, services and sundry goods60/61----€34,596-
Other operating charges640/8-€546€549€764--
Gross operating margin9900€19,073-€867-€801-€1,059€984▲ 193%
Operating profit (loss)9901€18,871-€1,413-€1,350-€1,823€984▲ 154%
Financial charges65/66B-€45€96€48€133▲ 176%
Recurring financial charges65€42€45€96€48€133▲ 176%
Profit (loss) for the period before taxes9903€18,829-€1,458-€1,446-€1,871€852▲ 146%
Profit (loss) for the period9904€18,829-€1,458-€1,446-€1,871€852▲ 146%
Profit (loss) for the period to be appropriated9905€18,829-€1,458-€1,446-€1,871€852▲ 146%
Line20202021202220232024Change
Assets
Total assets20/58€5,941€5,297€1,975€365€1,926▲ 427%
Current assets29/58€5,941€5,297€1,975€365€1,926▲ 427%
Amounts receivable within one year40/41€1,318€3,175€1,802€219€176▼ 19.6%
Trade receivables40-€2,037€180---
Other amounts receivable41-€1,138€1,622€219€176▼ 19.6%
Cash at bank and in hand54/58€4,607€2,105€156€146--
Deferred charges and accrued income490/1-€17€17-€1,750-
Equity and liabilities
Total equity and liabilities10/49€5,941€5,297€1,975€365€1,926▲ 427%
Equity10/15-€7,407-€8,865-€10,311-€12,182-€11,330▲ 7.0%
Contributions10/11-€6,200€6,200€6,200€6,200=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14-€15,467-€16,925-€18,371-€20,242-€19,390▲ 4.2%
Amounts payable17/49€13,349€14,162€12,285€12,547€13,256▲ 5.7%
Amounts payable within one year42/48€13,349€14,162€12,285€12,547€13,256▲ 5.7%
Financial debts43----€119-
Credit institutions430/8----€119-
Trade debts44€920€1,733----
Suppliers440/4-€1,733----
Other amounts payable47/48-€12,428€12,285€12,547€13,137▲ 4.7%
Line20202021202220232024Change
Profit (loss) for the period9904€18,829-€1,458-€1,446-€1,871€852▲ 146%
Operating cash flow (approximation)€18,829-€1,458-€1,446-€1,871€852▲ 146%
Change in cash--€2,502-€1,949-€9--

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

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Timeline · acts, filings and financial milestones

2026
02-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 155 days late
2025
22-12
KBO administration Address struck
2024
31-12
Financial Back to profitnet €852
Net result €852 after 3 loss-making years.
29-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€1,871
Net result drops to -€1,871, the lowest in the series; recovery starts the following year.
11-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
11-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
21-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €18,829 ▲0.5%
Operating result €18,871, net result €18,829, both a record.
03-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
2019
31-12
Financial Back to profitnet €18,733
Net result €18,733 after one loss-making year.
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
Show earlier events
2018
07-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
25-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 56 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 31 days late
SignalFinancial 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, Etterbeek · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
593 m²
Building footprint
295 m²
Volume, LiDAR
4,273 m³
2 parcels, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
334 companies at this address See who is registered here
1 establishment unit
ICTSMC
Middelburgstraat 84, 1170 Watermaal-BosvoordeGeneral electrical installation work
since 20092.175.592.709
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21005A0542/00B006 Brussels 325 m² 1 · 129 m² 17.0 m · 5 fl.
21652E0631/00D003 Brussels 268 m² 1 · 166 m² 16.0 m · 5 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded16-01-2009
Fiscal year end31-12
Abbreviation FR IDM
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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