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IT Efficiency

Active
Private limited company (pre-2019)founded 200719 yrs activeKersenstraat 35, 3510 Hasselt, BelgiumKBO/BCE: BE 0886.887.430

IT Efficiency has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6k and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
60 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability55▼-21
Solvency29▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies more bankruptcies →
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
elevated failure risk from 2 to 8 years 19 years 0 20 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
4.2%
Return on assets
5.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 18173 sector peers (2025).
NBB · sector comparison
Position among 18173 sector peers
Solvency
better than 25%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 10 filings
Deviation from the deadline
2025
24 d late
2024
61 d late
2023
8 d early
2022
28 d late
2021
53 d early
2020
16 d early
2019
7 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
19-09-2026 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
€6k
2024 · €-2k
2018: €42k 2019: €51k 2020: €82k 2021: €103k 2022: €33k 2023: €-20k 2024: €-2k
2018 → 2025
Total assets
€140k▼ 26.0%
2024 · €189k
2018: €333k 2019: €243k 2020: €280k 2021: €279k 2022: €158k 2023: €118k 2024: €189k
2018 → 2025
Net result
€8k▼ 55.8%
2024 · €18k
2018: €6k 2019: €9k 2020: €31k 2021: €21k 2022: €-71k 2023: €-52k 2024: €18k
2018 → 2025
Working capital
€15k▲ 170%
2024 · €6k
2018: €41k 2019: €82k 2020: €108k 2021: €129k 2022: €58k 2023: €12k 2024: €6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€103k-€33k▼ 68.5%€-20k€-2k▲ 90.3%€6k
Operating result€32k-€-55k€-49k▲ 11.9%€27k€22k▼ 16.8%
Net result€21k-€-71k€-52k▲ 26.4%€18k€8k▼ 55.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€-50k€0€50kOperating result 2021: €32k€32kNet result 2021: €21k€21kOperating result 2022: €-55k€-55kNet result 2022: €-71k€-71kOperating result 2023: €-49k€-49kNet result 2023: €-52k€-52kOperating result 2024: €27k€27kNet result 2024: €18k€18kOperating result 2025: €22k€22kNet result 2025: €8k€8k20212022202320242025
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets €59k▼ 29.2%
Current assets €81k▼ 23.5%
Equity and liabilities €140k
Equity €6k
Debt €134k
Debt finances 95.8% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€48k
2024 · €47k
Cash flow
€34k
2024 · €38k
Solvency
4.2%
2024 · -1.0%
Current ratio
1.23
2024 · 1.06
Quick ratio
1.09
2024 · 0.96
Debt / equity
22.70
ROE
132.1%
ROA
5.6%
2024 · 9.3%
Interest coverage
3.46
2024 · 5.44
Debt
€134k
2024 · €191k
Debt ≤ 1 year
€66k
2024 · €101k
Debt > 1 year
€65k
2024 · €86k
Income taxes
€326
2024 · €290
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€189k€140k
Fixed assets21/28€83k€59k
Tangible fixed assets22/27€82k€59k
Land and buildings22€48k€37k
Plant, machinery and equipment23€16k€9k
Furniture and vehicles24€18k€13k
Financial fixed assets28€770€0
Current assets29/58€106k€81k
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€75k€37k
Trade receivables40€74k€37k
Other amounts receivable41€1k€365
Cash at bank and in hand54/58€22k€34k
Deferred charges and accrued income490/1€110€1k
Equity and liabilities
Total equity and liabilities10/49€189k€140k
Equity10/15€-2k€6k
Contributions10/11€13k€13k=
Reserves13€55k€55k=
Distributable reserves133€55k€55k=
Profit (loss) carried forward14€-70k€-62k
Amounts payable17/49€191k€134k
Amounts payable after more than one year17€86k€65k
Financial debts170/4€86k€65k
Amounts payable within one year42/48€101k€66k
Current portion of amounts payable after more than one year42€23k€23k
Trade debts44€36k€18k
Suppliers440/4€36k€18k
Taxes, remuneration and social security45€13k€10k
Taxes450/3€13k€10k
Other amounts payable47/48€29k€15k
Accrued charges and deferred income492/3€5k€4k
Income statement Code20242025
Non-recurring operating income76A€1k€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€26k
Other operating charges640/8€2k€2k
Non-recurring operating charges66A-€770
Gross operating margin9900€48k€51k
Operating profit (loss)9901€27k€22k
Financial charges65/66B€9k€14k
Recurring financial charges65€9k€14k
Profit (loss) for the period before taxes9903€18k€8k
Income taxes67/77€290€326
Profit (loss) for the period9904€18k€8k
Profit (loss) for the period to be appropriated9905€18k€8k
Appropriation of the result
Profit (loss) to be appropriated9906€-70k€-62k
Profit (loss) brought forward from the previous period14P€-87k€-70k
Transfer from equity791/2€0-

The notes to these accounts (15 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
24-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Back to profitnet €18k
Net result €18k after 2 loss-making years.
23-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial Weakest financial yearnet €-71k ▼430%
Net result drops to €-71k, the lowest in the series; recovery starts the following year.
08-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €100kEq €103k ▲26.1%
4 profitable years in a row build equity to €103k.
15-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €31k ▲260%
Operating result €49k, net result €31k, both a record.
24-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
894 m²
Building footprint
133 m²
Volume, LiDAR
815 m³
Parcel 71028B0172/00T000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IT Efficiency
Kersenstraat 35, 3510 HasseltNACE 5248701
since 20072.159.581.076
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71028B0172/00T000 Flanders 894 m² 1 · 133 m² 9.3 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 379 EUR awarded · 379 EUR paid
Year Entries awardedpaid
2025 1 183 EUR183 EUR
2024 1 196 EUR196 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 379 EUR · 379 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

699400952HZ35GMT3D92
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 3,226 companies in sector 47400 we hold annual accounts for 1,807. 713 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded31-01-2007
Fiscal year end31-12
Activities, NACEBEL
47400Retail sale of information and communication equipment
47410Retail trade
52487
62010Computer programming, consultancy and related activities
62020IT consultancy
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
72100
72220
72300
72400
72600
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.