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IT FREE

Active
Rue de la Gardeuse d'Oies 10 ·4600 Visé, Belgium
KBO/BCE: BE 0754.689.989
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs
Staff (FTE)1.3

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of IT FREE is 0.6% (low). The 2025 annual accounts show equity of €160k and a net result of €31k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 45% of 2748 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.6% Low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Young company +Multiple establishment units +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€31k-32.0%
Working capital€98k+29.6%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 17-12-2025 with the NBB · fiscal year 2025 · micro
€0€20k€40k€60k€80kOperating result 2021: €65k€65kNet result 2021: €46k€46kOperating result 2023: €78k€78kNet result 2023: €55k€55kOperating result 2024: €60k€60kNet result 2024: €46k€46kOperating result 2025: €43k€43kNet result 2025: €31k€31k2021202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~8.1%/year over 4 fiscal years, indicative, assuming unchanged policy.
€50k€100k€150k€200k€250k2026: €179k (€156k - €202k)2027: €192k (€155k - €229k)2028: €205k (€154k - €256k)2021: €56k2023: €160k2024: €160k2025: €160k2021202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 56.8% 62.2%
better than 45% of 2748 sector peers
Net result €31k €40k
better than 42% of 2750 sector peers
Equity €160k €62k
better than 84% of 2749 sector peers
Gross operating margin €140k €63k
better than 91% of 2750 sector peers
Staff costs €51k €17k
higher than 72% of 361 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P45
2021: P25 · n=17322023: P44 · n=58002024: P46 · n=73352025: P45 · n=27482021 2025
Improving position over 2021-2025 · n=1732-7335
Net result P42
2021: P80 · n=17272023: P77 · n=57962024: P65 · n=73322025: P42 · n=27502021 2025
Weakening position over 2021-2025 · n=1727-7332
Equity P84
2021: P68 · n=17322023: P90 · n=58032024: P86 · n=73372025: P84 · n=27492021 2025
Stable position over 2021-2025 · n=1732-7337
Gross operating margin P91
2021: P82 · n=17252023: P91 · n=57922024: P93 · n=73262025: P91 · n=27502021 2025
Stable position over 2021-2025 · n=1725-7326
Describes the position versus peers, not a forecast.
EBITDA
€74k
-21.4% far above sector median
Net profit
€31k
-32.0% +220% vs sector
Cash flow
€62k
-22.2% far above sector median
Total assets
€281k
+9.3% -76% vs sector
Equity
€160k
0.0% -47% vs sector
Working capital
€98k
+29.6% -87% vs sector
Employees (FTE)
1
+44.4% -57% vs sector
Staff costs
€51k
+6.2% -83% vs sector
Income taxes
€9k
-26.4% +157% vs sector
Dividends
€31k
-32.0% -72% vs sector
Debt
€122k
+24.5% -78% vs sector
Debt ≤ 1y
€99k
+12.4% -71% vs sector
Debt > 1y
€20k
+187.8% +168% vs sector
Current ratio
2.00
+7.1% -42% vs sector
Quick ratio
1.77
+6.9% -48% vs sector
Solvency
56.8%
-8.5% +14% vs sector
Debt / equity
0.76
+24.5% -14% vs sector
ROE
19.5%
-32.0% +60% vs sector
ROA
11.1%
-37.8% far above sector median
Interest coverage
22.57
-28.1% far above sector median
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€74k
Net profit€31k
Cash flow€62k
Staff costs€51k
Income taxes€9k
Dividends€31k
Total assets€281k
Equity€160k
Debt€122k
of which ≤ 1y€99k
of which > 1y€20k
Working capital€98k
Employees (FTE)1.3
Ratios (computed)
2025
Current ratio2.00
Quick ratio1.77
Working capital ratio34.9%
Solvency56.8%
Debt / equity0.76
Long-term debt ratio0.13
Interest coverage22.57
Gross margin-
Net margin-
ROA11.1%
ROE19.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€281k
Fixed assets 21/28€84k
Formation expenses 20€32
Intangible fixed assets 21€17k
Tangible fixed assets 22/27€66k
Financial fixed assets 28€2k
Current assets 29/58€197k
Stocks & contracts in progress 3€22k
Amounts receivable within one year 40/41€111k
Cash & bank 54/58€59k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€281k
Equity 10/15€160k
Contributions / capital 10/11€10k
Reserves 13€149k
Accumulated profits (losses) 14€799
Amounts payable 17/49€122k
Amounts payable after one year 17€20k
Amounts payable within one year 42/48€99k
Trade debts payable within one year 44€38k
Income statement
Gross operating margin 9900€140k
Operating result 9901€43k
Financial income 75€1
Financial charges 65€3k
Result before taxes 9903€40k
Income taxes 67/77€9k
Net result for the period 9904€31k
Result to be appropriated 9905€31k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
90 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

2 locations
IT FREE
Rue de la Gardeuse d'Oies 10, 4600 ViséOntwerpen en programmeren van computerprogramma's
since 20202.307.399.178
Bureau
Rue de Herve 123C, 4651 HerveGroothandel in informatie- en communicatieapparatuur
since 20262.387.551.763
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2,338 m²
Buildings2
Building footprint544 m²
Volume (LiDAR)6,158 m³
Tallest building17.0 m · ±4 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63006C0058/00L003 Wallonia 1,713 m² 1 · 441 m² 17.0 m · 4 fl.
62108A0069/00V005 Wallonia 625 m² 1 · 103 m² 6.5 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health90Profitability97Solvency98Growth52Stability94
86 / 100

Exceptional profile, strong across almost every axis.

Health 90
Profitability 97
Solvency 98
Growth 52
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Groothandel in informatie- en communicatieapparatuur46500Detailhandel in ICT-apparatuur47400Detailhandel in computers, randapparatuur en software in gespecialiseerde winkels47410Overige activiteiten op het gebied van telecommunicatie61900Ontwerpen van computerprogramma’s62100Overige diensten op het gebied van informatietechnologie en computer62900Computerinfrastructuur, gegevensverwerking, hosting en aanverwante activiteiten63100Activiteiten van fotografen, met uitzondering van persfotografen74201Activiteiten van fotografen, met uitzondering van persfotografen74201Reparatie en onderhoud van computers en communicatieapparatuur95100
Primary activity highlighted.
Names & trade names
Legal nameFR IT FREE
Registered office
Rue de la Gardeuse d'Oies 10
4600 Visé, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.