IT LEVEL5
ActiveSummary
IT LEVEL5 has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €441k and a net result of €21k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 83% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 5.25 against 5.41 in 2024; short-term debt: 15.8% and cash: 1.8% of total assets), and 17% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
83%
Return on assets
3.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
31 d late
2022
61 d late
2021
127 d late
2020
22 d late
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€441k▲ 4.9%
2024 · €421k
Total assets
€532k▼ 1.5%
2024 · €540k
Net result
€21k▼ 23.0%
2024 · €27k
Working capital
€358k▲ 1.1%
2024 · €354k
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
Line20212022202320242025
Operating result€76k▲ 88.0%€58k▼ 24.5%€60k▲ 3.5%€40k▼ 33.0%€37k▼ 6.2%
Net result€62k▲ 75.6%€41k▼ 33.4%€44k▲ 7.8%€27k▼ 39.1%€21k▼ 23.0%
Equity€336k▲ 22.6%€349k▲ 3.9%€394k▲ 12.7%€421k▲ 6.9%€441k▲ 4.9%
Total assets€496k▲ 0.4%€527k▲ 6.3%€473k▼ 10.1%€540k▲ 14.2%€532k▼ 1.5%
Debt€160k▼ 27.3%€177k▲ 11.2%€80k▼ 55.2%€119k▲ 50.2%€90k▼ 24.3%
Working capital€289k▲ 21.5%€297k▲ 2.9%€331k▲ 11.6%€354k▲ 6.8%€358k▲ 1.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 6% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €532k
Fixed assets
€90k ▼ 15.3%
Current assets
€442k ▲ 1.8%
Equity and liabilities €532k
Equity
€441k ▲ 4.9%
Debt
€90k ▼ 24.3%
Debt's share of the balance-sheet total falls from 22.1% to 17.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54k▼
2024 · €55k
Cash flow
€37k▼
2024 · €42k
Current ratio
5.25▼
2024 · 5.41
Debt to equity
0.20▼
2024 · 0.28
ROE
4.7%▼
2024 · 6.4%
ROA
3.9%▼
2024 · 5.0%
Interest coverage
5.56▼
2024 · 9.86
Debt ≤ 1 year
€84k▲
2024 · €80k
Debt > 1 year
€6k▼
2024 · €39k
Income taxes
€7k▼
2024 · €7k
Staff costs
€390=
2024 · €390
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €390 | €390 | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €14k | €15k | €15k | €16k | ▲ 6.1% |
| Other operating charges640/8 | €2k | €998 | €2k | €2k | €2k | ▲ 3.7% |
| Gross operating margin9900 | €99k | €72k | €77k | €57k | €56k | ▼ 2.6% |
| Operating profit (loss)9901 | €76k | €58k | €60k | €40k | €37k | ▼ 6.2% |
| Financial income75/76B | €12k | - | €0 | - | - | - |
| Recurring financial income75 | €12k | - | €0 | - | - | - |
| Financial charges65/66B | €9k | €4k | €4k | €6k | €10k | ▲ 72.6% |
| Recurring financial charges65 | €9k | €4k | €4k | €6k | €10k | ▲ 72.6% |
| Profit (loss) for the period before taxes9903 | €80k | €54k | €56k | €34k | €28k | ▼ 19.1% |
| Income taxes67/77 | €18k | €13k | €12k | €7k | €7k | ▼ 4.5% |
| Profit (loss) for the period9904 | €62k | €41k | €44k | €27k | €21k | ▼ 23.0% |
| Profit (loss) for the period to be appropriated9905 | €62k | €41k | €44k | €27k | €21k | ▼ 23.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €496k | €527k | €473k | €540k | €532k | ▼ 1.5% |
| Fixed assets21/28 | €126k | €112k | €103k | €106k | €90k | ▼ 15.3% |
| Tangible fixed assets22/27 | €126k | €112k | €103k | €106k | €90k | ▼ 15.3% |
| Land and buildings22 | €115k | €103k | €91k | €79k | €67k | ▼ 15.4% |
| Furniture and vehicles24 | €268 | €268 | - | - | - | - |
| Other tangible fixed assets26 | €10k | €9k | €12k | €27k | €23k | ▼ 15.1% |
| Current assets29/58 | €370k | €415k | €370k | €434k | €442k | ▲ 1.8% |
| Amounts receivable within one year40/41 | €361k | €394k | €353k | €420k | €429k | ▲ 2.1% |
| Trade receivables40 | €53k | €42k | €14k | €49k | €23k | ▼ 53.5% |
| Other amounts receivable41 | €308k | €351k | €340k | €371k | €406k | ▲ 9.5% |
| Cash at bank and in hand54/58 | €8k | €20k | €16k | €12k | €10k | ▼ 20.1% |
| Deferred charges and accrued income490/1 | €721 | €788 | €954 | €2k | €4k | ▲ 93.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €496k | €527k | €473k | €540k | €532k | ▼ 1.5% |
| Equity10/15 | €336k | €349k | €394k | €421k | €441k | ▲ 4.9% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Capital10 | €12k | €12k | - | - | - | - |
| Issued capital100 | €19k | €19k | - | - | - | - |
| Uncalled capital101 | €6k | €6k | - | - | - | - |
| Outside capital11 | - | - | €12k | €12k | €12k | = |
| Other1109/19 | - | - | €12k | €12k | €12k | = |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | €1k | €1k | - | - | €1k | - |
| Legal reserve130 | €1k | €1k | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1k | - |
| Distributable reserves133 | - | - | €1k | €1k | - | - |
| Profit (loss) carried forward14 | €322k | €336k | €380k | €407k | €428k | ▲ 5.1% |
| Amounts payable17/49 | €160k | €177k | €80k | €119k | €90k | ▼ 24.3% |
| Amounts payable after more than one year17 | €78k | €60k | €40k | €39k | €6k | ▼ 84.2% |
| Financial debts170/4 | €78k | €60k | €40k | €39k | €6k | ▼ 84.2% |
| Amounts payable within one year42/48 | €81k | €118k | €39k | €80k | €84k | ▲ 4.9% |
| Current portion of amounts payable after more than one year42 | €18k | €19k | €19k | €31k | €33k | ▲ 4.3% |
| Financial debts43 | €6k | €6k | €6k | €6k | €6k | = |
| Other loans439 | €6k | €6k | €6k | €6k | €6k | = |
| Trade debts44 | €10k | €13k | €1k | €25k | €15k | ▼ 42.4% |
| Suppliers440/4 | €10k | €13k | €1k | €25k | €15k | ▼ 42.4% |
| Advances received on contracts in progress46 | €23k | €23k | - | €8k | €22k | ▲ 164% |
| Taxes, remuneration and social security45 | €25k | €18k | €13k | €10k | €10k | ▼ 0.3% |
| Taxes450/3 | €25k | €18k | €13k | €10k | €10k | ▼ 0.3% |
| Other amounts payable47/48 | - | €39k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62k | €41k | €44k | €27k | €21k | ▼ 23.0% |
| + Depreciation and write-downs630 | €21k | €14k | €15k | €15k | €16k | ▲ 6.1% |
| Operating cash flow (approximation) | €83k | €55k | €60k | €42k | €37k | ▼ 12.5% |
| Investment in fixed assets (approximation) | - | €0 | €-6k | €-19k | €0 | ▲ 100% |
| Change in cash | - | €13k | €-4k | €-4k | €-2k | ▲ 44.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €21k ▼23%
Net result drops to €21k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 9.47
Current ratio from 3.52 to 9.47; short-term debt falls from €118k to €39k.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
05-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 127 days late
2021
31-12
Financial
Highest result since 2019net €62k ▲75.6%
Operating result €76k, net result €62k, both a record.
22-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 22 days late
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
23-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has 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
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, Braine-le-Château · 1 establishment unit since 2009
Ground area
1,345 m²
Building footprint
87 m²
Parcel 25015C0029/00A005, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Auguste Latour 13, 1440 Braine-le-Château
since 20092.179.023.143
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015C0029/00A005 | Wallonia | 1,345 m² | 1 · 87 m² | - |
Linked by address, not proof of ownership
Good to know
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
J-WIRE
BE 0471.595.390
Destelbergen · Eq €441,463
VACS Services
BE 0455.037.391
Oosterzele · Eq €441,704
MR SOLUTIONS
BE 0463.228.448
Sint-Truiden · Eq €440,987
NALANTIS
BE 0847.668.944
Antwerpen · Eq €442,031
EPIC Agency
BE 0812.258.994
Liège · Eq €442,277
Of 16,901 companies in sector 62100 we hold annual accounts for 8,772. 5,665 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-05-2009
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.