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IT in motion

Active
Private limited companyfounded 200422 yrs activePannenstraat 108, 8301 Knokke-Heist, BelgiumKBO/BCE: BE 0865.970.765

IT in motion has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €290k and a net result of €80k. Equity is growing by ~23.4% per year across the filed fiscal years. Its solvency ranks better than 57% of 16974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
96 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+4
Solvency92▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 5.54 against 3.57 in 2024; short-term debt: 13.1% and cash: 35.7% of total assets), and 33.4% of the assets are financed with debt.
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
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 · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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 22 years 0 30 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
66.6%
Return on assets
18.4%
Age of the figures
9 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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
38 d early
2023
on the day
2022
54 d early
2021
48 d early
2020
18 d early
2019
14 d late
← 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
18-09-2026 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
€290k▲ 20.1%
2024 · €241k
2018: €89k 2019: €84k 2020: €74k 2021: €103k 2022: €143k 2023: €176k 2024: €241k
2018 → 2025
Total assets
€435k▼ 3.0%
2024 · €448k
2018: €294k 2019: €568k 2020: €482k 2021: €468k 2022: €443k 2023: €487k 2024: €448k
2018 → 2025
Net result
€80k▲ 18.8%
2024 · €67k
2018: €5k 2019: €-6k 2020: €-10k 2021: €31k 2022: €57k 2023: €47k 2024: €67k
2018 → 2025
Working capital
€260k▲ 8.6%
2024 · €239k
2018: €73k 2019: €56k 2020: €46k 2021: €87k 2022: €142k 2023: €149k 2024: €239k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€103k-€143k▲ 38.8%€176k▲ 23.2%€241k▲ 37.4%€290k▲ 20.1%
Operating result€40k-€84k▲ 109%€70k▼ 16.2%€101k▲ 43.0%€114k▲ 13.8%
Net result€31k-€57k▲ 87.1%€47k▼ 17.3%€67k▲ 42.2%€80k▲ 18.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €40k€40kNet result 2021: €31k€31kOperating result 2022: €84k€84kNet result 2022: €57k€57kOperating result 2023: €70k€70kNet result 2023: €47k€47kOperating result 2024: €101k€101kNet result 2024: €67k€67kOperating result 2025: €114k€114kNet result 2025: €80k€80k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 14% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €435k
Fixed assets €118k▲ 1.7%
Current assets €317k▼ 4.6%
Equity and liabilities €435k
Equity €290k▲ 20.1%
Debt €145k▼ 29.9%
The debt ratio falls from 46.2% to 33.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€157k
2024 · €155k
Cash flow
€123k
2024 · €122k
Solvency
66.6%
2024 · 53.8%
Current ratio
5.54
2024 · 3.57
Quick ratio
5.19
2024 · 3.16
Debt / equity
0.50
2024 · 0.86
ROE
27.6%
2024 · 27.9%
ROA
18.4%
2024 · 15.0%
Interest coverage
29.67
2024 · 24.15
Debt
€145k
2024 · €207k
Debt ≤ 1 year
€57k
2024 · €93k
Debt > 1 year
€88k
2024 · €114k
Income taxes
€31k
2024 · €28k
Staff costs
€36k
2024 · €46k
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€448k€435k
Fixed assets21/28€116k€118k
Intangible fixed assets21€890-
Tangible fixed assets22/27€113k€116k
Plant, machinery and equipment23€3k€4k
Furniture and vehicles24€84k€64k
Other tangible fixed assets26€26k€48k
Financial fixed assets28€3k€3k=
Current assets29/58€332k€317k
Stocks and contracts in progress3€39k€20k
Stocks30/36€39k€20k
Amounts receivable within one year40/41€42k€69k
Trade receivables40€32k€46k
Other amounts receivable41€11k€23k
Cash at bank and in hand54/58€144k€155k
Deferred charges and accrued income490/1€108k€72k
Equity and liabilities
Total equity and liabilities10/49€448k€435k
Equity10/15€241k€290k
Contributions10/11€7k€7k=
Reserves13€234k€283k
Distributable reserves133€234k€283k
Amounts payable17/49€207k€145k
Amounts payable after more than one year17€114k€88k
Financial debts170/4€114k€88k
Amounts payable within one year42/48€93k€57k
Current portion of amounts payable after more than one year42€26k€27k
Financial debts43-€3k
Other loans439-€3k
Trade debts44€9k€4k
Suppliers440/4€9k€4k
Taxes, remuneration and social security45€17k€13k
Taxes450/3€8k€7k
Remuneration and social security454/9€8k€6k
Other amounts payable47/48€41k€10k
Income statement Code20242025
Remuneration, social security and pensions62€46k€36k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€43k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€33-
Other operating charges640/8€2k€901
Gross operating margin9900€203k€194k
Operating profit (loss)9901€101k€114k
Financial income75/76B€938€2k
Recurring financial income75€938€2k
Financial charges65/66B€6k€5k
Recurring financial charges65€6k€5k
Profit (loss) for the period before taxes9903€95k€111k
Income taxes67/77€28k€31k
Profit (loss) for the period9904€67k€80k
Profit (loss) for the period to be appropriated9905€67k€80k
Appropriation of the result
Profit (loss) to be appropriated9906€67k€80k
Transfer from equity791/2€2k€32k
Transfer to equity691/2€67k€80k
To other reserves6921€67k€80k
Profit to be distributed694/7€2k€32k
Return on contributions (dividend)694€2k€32k

The notes to these accounts (11 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
27-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €80k ▲18.8%
Operating result €114k, net result €80k, both a record.
23-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €200kEq €241k ▲37.4%
4 profitable years in a row build equity to €241k.
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €150kEq €176k ▲23.2%
3 profitable years in a row build equity to €176k.
07-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €31k
Net result €31k after 2 loss-making years.
31-12
Financial Equity above €100kEq €103k ▲39.4%
Equity rises from €74k to €103k.
13-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
14-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
11-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 20 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.

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, Knokke-Heist · 2 establishment units since 2004
establishment All 2 establishment units 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.

Pannenstraat 1088301 Knokke-Heist
Ground area
663 m²
Building footprint
555 m²
Volume, LiDAR
3,209 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
IT IN MOTION
Pannenstraat 108, 8301 Knokke-HeistNACE 72210
since 20042.137.783.295
IT IN MOTION
Pannenstraat 96, 8301 Knokke-HeistOther software publishing
since 20142.232.509.438
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31336H0826/00W002 Flanders 481 m² 1 · 463 m² 10.6 m · 2 fl.
31336H0832/00_000 Flanders 182 m² 1 · 93 m² 9.2 m · 2 fl.
Linked by address, not proof of ownership
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.

Similar companies · same sector, comparable size

Of 29,996 companies in sector 62200 we hold annual accounts for 18,390. 13,829 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-06-2004
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
72100
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 21 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.