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IT PRO

In bankruptcy Public limited companyfounded 1992Noorderlaan 79, 2030 AntwerpKBO/BCE: BE 0446.491.988 subsidiary of SwitchOn nv

Annual accounts 2021

full format, filed on 21-10-2021, 10 days before the deadline
€63,665
▼ 99.9%
€37,579
▲ €12.0m
-
-
-
0.03
▼ 0.17

Money flows

turnover is 0.6% of income in 2021

Balance sheet

balance sheet total €847,945 on 31-03-2021
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

-

Lower than 95% of 6,597 companies in 2020.

0.03

Lower than 95% of 6,471 companies in 2021.

106.6%

Higher than 95% of 6,489 companies in 2021.

IT PRO Middle half of the sector 80% of the sector Full accounts in retail trade (NACE 47)

Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter

Staff

Men and women

Not in that year's accounts.

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20212020201920172016201520142013201220112010200920082007
Balance sheet: assets
20/58 847,9455.9m23.8m35.7m15.8m16.8m18.1m17.1m16.1m8.2m8.1m6.7m7.2m4.0m
21/28 70,39388,6574.9m13.9m3.9m--4.4m4.7m3.1m3.6m3.1m3.3m1.1m
21 --1.0m1.1m615,38057,690485,382472,2979,180---7,70217,999
22/27 --3.7m3.2m3.2m3.4m4.1m3.9m3.9m2.6m2.8m2.8m3.0m833,296
22 --2.3m3.1m3.0m3.1m3.7m3.5m3.4m2.5m2.7m2.6m2.8m651,022
23 --60,7761,0442,8344,6249,75219,54919,350-----
24 --264,54678,966103,142177,965276,008308,495386,76613,42113,2545,24521,43451,081
26 --1.1m79,13552,33177,10095,18846,02372,27096,455127,208169,523174,918131,193
28 70,39388,657141,1039.6m48,41648,11647,64432,870747,097526,561767,216354,571298,449220,414
280/1 ---9.5m----475,000490,180----
280 ---9.5m----475,000490,180----
284/8 70,39388,657141,10376,31648,41648,11647,64432,870272,09736,381----
284 -4,3744,3744,3744,3744,3744,3744,374------
285/8 70,39384,283136,72971,94244,04243,74243,27028,496272,09736,381----
29/58 777,5525.8m18.9m21.8m11.9m13.3m13.5m12.8m11.4m5.1m4.6m3.6m3.9m2.9m
29 --60,000128,000128,00068,000--------
291 --60,000128,000128,00068,000--------
3 --8.1m10.3m4.9m5.3m3.5m3.7m3.9m2.8m3.6m1.6m1.6m1.4m
30/36 --8.1m10.3m4.9m5.3m3.5m3.7m3.9m2.8m3.6m1.6m1.6m1.4m
34 --8.1m10.3m4.9m5.3m3.5m3.7m3.9m2.8m----
40/41 252,3844.7m7.6m8.5m6.0m6.2m6.9m6.4m4.6m648,730363,349454,2531.0m518,295
40 104,3864.7m4.2m2.5m1.8m1.8m2.1m1.2m1.1m648,621361,643292,301713,740496,074
41 147,999-3.4m6.0m4.2m4.5m4.9m5.1m3.5m1091,706161,952321,54322,221
50/53 -----29,95029,95029,950------
51/53 -----29,95029,95029,950------
54/58 25,7691.1m2.5m2.8m896,8931.7m3.0m2.7m2.9m1.6m592,5921.6m1.2m970,998
490/1 499,39814,301594,502-----------
Balance sheet: equity and liabilities
10/49 847,9455.9m23.8m35.7m15.8m16.8m18.1m17.1m16.1m8.2m8.1m6.7m7.2m4.0m
10/15 -21.9m-22.8m-9.7m4.6m5.2m4.4m3.9m3.9m3.8m1.7m1.3m1.1m1.0m805,104
10/11 2.6m2.6m2.6m100,000100,000--100,000100,000100,000100,000100,000100,000100,000
10 -----100,000100,000-------
100 2.6m2.6m2.6m100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000100,000
13 2.8m2.8m3.3m3.3m3.3m3.2m2.8m2.8m2.8m704,783704,783704,783705,104129,394
130/1 10,000-------------
130 10,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,000
132 --486,961519,498547,347389,494--------
133 2.8m2.8m2.8m2.8m2.8m2.8m2.8m2.8m2.8m694,783694,783694,783695,104119,394
14 -27.3m-28.2m-15.5m1.2m1.7m1.1m1.0m999,816890,207890,207504,399322,423241,258575,710
16 10,01010,01054,11760,27276,43892,603-245,745245,745245,745245,745245,745178,596178,596
160/5 10,01010,01010,010----245,745245,745245,745245,745245,745178,596178,596
160 10,01010,01010,010-----------
164/5 -------245,745245,745245,745----
168 --44,10760,27276,43892,603--------
17/49 22.7m28.7m33.4m31.0m10.5m12.4m14.2m13.0m12.1m6.3m6.6m5.4m6.0m3.0m
17 --8.2m11.1m1.4m2.4m3.5m3.7m3.9m2.8m2.7m2.7m3.0m760,970
170/4 --8.2m11.1m1.4m2.4m3.5m3.7m3.9m2.8m2.7m2.7m3.0m760,970
173 --8.2m8.6m1.4m2.1m3.1m3.4m3.5m2.4m----
174 ---2.5m-348,390348,390348,390348,390348,390----
42/48 22.7m28.7m25.2m19.9m9.0m--9.3m8.1m3.4m3.9m2.6m3.0m2.2m
42 2.3m10.6m2.6m1.4m1.2m1.9m1.7m1.4m1.2m531,352400,458265,167582,220180,635
43 8.1m6.2m10.8m5.0m1.6m---1.0m-1.2m--250,000
430/8 8.1m6.2m10.8m5.0m1.6m---1.0m-1.2m---
439 -------------250,000
44 11.4m11.1m8.5m11.6m4.5m4.9m5.2m4.7m3.8m1.3m799,5091.4m1.7m1.1m
440/4 11.4m11.1m8.5m11.6m4.5m4.9m5.2m4.7m3.8m1.3m799,5091.4m1.7m1.1m
46 ----66,062265,954830,609506,846173,913154,916----
45 997,612755,7383.1m1.9m1.5m2.0m1.7m1.4m1.6m1.5m1.2m784,387587,796575,150
450/3 813,404571,5301.5m1.4m872,7981.2m1.1m972,6801.2m1.1m885,620514,245333,501392,572
454/9 184,207184,2081.6m450,353600,322869,536660,000390,660377,152369,350280,754270,142254,295182,578
47/48 --158,631-300,000800,0001.2m1.3m365,6584,439357,471150,00058,54470,303
492/3 ---14,028103,51393,83245,918-103,04347,6688,97060343,26717,680
Income statement
70/76A 63,665123.6m241.5m77.5m75.3m--62.3m57.5m40.6m----
70 15,060123.2m240.1m77.3m75.2m71.4m71.4m62.1m57.4m40.5m----
74 -----175,247239,982-------
76A 48,56692,565656,79226,02973,002--661,472--10,09918,18266,369-
9900 ----------3.7m3.1m2.5m1.8m
60/66A 26,086135.6m256.1m77.5m73.4m--60.1m54.2m39.2m----
60 163,847101.7m200.5m64.4m62.5m58.4m59.3m50.8m47.2m34.0m----
600/8 150,36193.7m193.4m69.9m62.1m--50.6m48.3m33.2m----
609 13,4878.0m7.2m-5.4m454,388-1.9m220,000215,000-1.1m780,000----
61 303,46110.9m17.9m5.7m4.5m3.7m3.7m3.3m2.7m2.1m----
62 -11.2m20.8m6.1m5.5m5.7m5.3m5.1m3.8m2.6m1.9m2.1m1.6m1.2m
630 --4.0m1.2m918,116792,963874,829720,206535,101394,023383,833355,016595,666154,931
631/4 -710,7144.0m--12,1492,275-3,54129,110-41,23898,50711,27818,602-193
635/8 -----------67,149--
640/8 21,576259,776427,048110,57344,962104,988160,12049,67614,09656,700131,06049,07327,39617,220
66A 247,9167.6m12.3m155,62671,308--194,9012,96327,65411,50110,9523,39312,540
9901 37,579-12.0m-14.6m-44,4251.9m2.9m2.5m2.2m3.3m1.4m1.2m507,227363,429421,198
75/76B 1.8m13,35257,609311,243189,736--67,445240,458334,644249,605214,827179,406102,733
75 9,84913,35257,609311,243189,73656,50073,20267,445240,458334,644249,605214,827179,406102,733
750 0-------------
751 16849-1198489911,5162,9092,323----
752/9 9,68113,34857,600311,243189,61755,65272,21165,929237,549332,321----
76B 1.8m-------------
65/66B 882,3191.2m2.3m803,067437,069--468,021385,628354,692331,828326,765208,933162,129
65 245,6111.2m1.5m647,441437,069477,413567,267468,021385,628354,692331,828326,765208,933162,129
650 208,217427,115797,694235,032138,804235,519309,013236,609197,319196,320----
652/9 37,393787,088740,715412,409298,265241,894258,254231,412188,309158,372----
66B 636,708-725,118155,626----------
9903 920,104-13.2m-16.8m-536,2491.6m1.9m1.9m2.3m3.1m1.4m1.1m402,519396,878349,262
780 -----16,165--------
680 -----108,768--------
67/77 16,423-61,03223,009525,311581,878680,743857,1981.1m474,314454,867171,354155,620135,270
670/3 16,423-61,03223,009531,018581,878680,743977,1981.1m628,314----
77 ----5,707--120,00010,696154,000----
9904 903,681-13.1m-16.8m-543,0931.1m1.2m1.2m1.4m2.0m885,808681,976231,165241,258213,992
789 -486,961-32,53832,53732,539--------
689 ---4,689190,390422,032--------
9905 903,681-12.7m-16.8m-515,244971,363836,6591.2m1.4m2.0m885,808681,976231,165241,258213,992
Appropriation of the result
9906 -27.3m-28.2m-15.5m1.2m2.0m1.9m2.2m2.3m2.9m1.4m1.0m472,423816,968696,097
14P -----1.0m999,816-------
691/2 --------2.0m---575,71084
6920 -------------84
6921 --------2.0m---575,710-
694/7 ----300,000--1.3m-500,000500,000150,000-120,303
694 ----300,000800,0001.2m1.3m-500,000500,000150,000-120,303
Social balance sheet
9087 -278.5322.1142.2130.5121.1114.3115.299.959.249.146.242.531.4
Men (FTE)1003 -241.5280.3123.9114.5--103------
Women (FTE)1003 -3741.818.316--12.2------
Agency workers1501 ---0.74.3---------
Hours worked1013 -424,300742,440238,396217,972--194,424170,369102,76384,95978,93074,12555,324
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 13 older financial years (1994-2006) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2021 (PDF), filed on 21-10-2021.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-03-2021 full format 21-10-2021 2021-73700396 PDF
31-03-2020 full format 30-12-2020 2020-77900016 PDF
31-03-2019 full format 18-12-2019 2019-76400509 PDF
30-09-2017 full format 21-06-2018 2018-21800468 PDF
30-09-2016 full format 10-03-2017 2017-06300348 PDF
30-09-2015 full format 23-03-2016 2016-07700190 PDF
30-09-2014 full format 27-01-2015 2015-03500204 PDF
30-09-2013 full format 17-03-2014 2014-06700208 PDF
30-09-2012 full format 30-01-2013 2013-02700192 PDF
30-09-2011 full format 11-02-2012 2012-03900382 PDF
30-09-2010 abbreviated format 21-03-2011 2011-06300133 PDF
30-09-2009 abbreviated format 18-03-2010 2010-06900397 PDF
30-09-2008 abbreviated format 06-04-2009 2009-10400315 PDF
30-09-2007 abbreviated format 21-01-2008 2008-01700263 PDF
30-09-2006 abbreviated format 28-02-2007 2007-06301293 PDF
31-12-2005 abbreviated format 18-07-2006 2006-49001621 PDF
31-12-2004 abbreviated format 22-06-2005 2005-30801676 PDF
31-12-2003 abbreviated format 02-08-2004 2004-57503697 PDF
31-12-2002 abbreviated format 19-11-2003 2003-79300161 PDF
31-12-2001 abbreviated format 11-09-2002 2002-55003928 PDF
31-12-2000 abbreviated format 31-07-2001 2001-46100698 PDF
31-12-1999 abbreviated format 16-06-2000 2000-23204335 PDF
31-12-1998 abbreviated format 17-06-1999 1999-19401790 PDF
31-12-1997 abbreviated format 22-06-1998 1998-20304772 PDF
31-12-1996 abbreviated format 24-07-1997 1997-33200245 PDF
31-12-1995 abbreviated format 01-08-1996 1996-38604122 PDF
31-12-1994 abbreviated format 18-07-1995 1995-40404244 PDF
31-05-1994 abbreviated format 23-01-1995 1995-01300866 PDF

Subsidies and aid

Flemish government 2022, 1 entry, €2,763 awarded, €2,763 paid

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20212020201920172016201520142013201220112010200920082007
---10.5m1.1m2.8m3.7m3.4m2.9m3.8m1.8m1.6m862,243959,095576,129
---12.8m630,9632.0m2.0m2.1m2.1m2.6m1.3m1.1m586,181836,924368,923
--12.7m12.2m1.3m255,5451.1m1.2m1.9m233,472890,489164,1042.8m323,702
-1.1m-1.4m-1.9m-763,500-1.4m360,010-220,9871.3m992,921-957,811332,894246,511-
-22.0m-22.9m-6.3m1.9m2.9m--3.5m3.3m1.7m692,261995,246922,208690,641
--9.7%-6.1%-0.1%2.5%4.0%3.5%3.5%5.7%3.5%----
--384.3%-40.6%13.0%32.8%25.9%21.7%22.7%23.5%20.7%16.1%16.7%14.5%20.3%
0.030.200.751.091.32--1.371.411.481.181.381.311.31
0.030.200.430.580.78--0.970.930.650.250.760.760.68
---6.682.032.853.603.343.183.695.024.775.713.69
----11.7%21.8%28.2%31.4%36.2%53.4%52.3%52.1%20.5%23.1%26.6%
106.6%-221.4%-70.5%-1.5%7.1%7.3%6.8%8.2%12.6%10.8%8.4%3.4%3.4%5.4%
---13.214.8120.1915.5810.9612.3519.369.18----
2530 days14 days6 days12 days9 days9 days11 days7 days7 days6 days----
8887 days36 days14 days60 days24 days29 days30 days32 days28 days13 days----

EBIT margin. Not meaningful: turnover is only a small part of operating income.

A ratio outside any meaningful range has been withheld (balance sheet total €847,945, equity -€21.9m).

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Revenue breakdown

as filed

By activity 2020

  • gerealiseerde omzet €123,578,485100.0%

Revenue in the income statement €123,205,191

Source: 2020 accounts, page 20, filing 2020-77900016

The 2021 accounts state only “gerealiseerde omzet” in the revenue breakdown.

All years (2011 to 2020)
By activity2011201220162017201820192020
gerealiseerde omzet--€75,168,587€75,168,587€75,168,587€240,848,777€123,578,485
verkopen€40,527,893€57,424,370-----
Total€40,527,893€57,424,370€75,168,587€75,168,587€75,168,587€240,848,777€123,578,485

Public contracts

2 awards · 2017
Appel d’offre ouvert avec publicité européenne — Accord-cadre avec centrale de marchés pour l'acquisition de matériels informatiques et de logiciels pédagogiques: Malle avec 12 tablettes 10'' IOS + accessoires
buyer: Direction des politiques transversales Région-CommunautéOffice and computing machineryawarded 31-08-2017€10,5672 tendersTED 208629-2018
Appel d’offre ouvert avec publicité européenne — Accord-cadre avec centrale de marchés pour l'acquisition de matériels informatiques et de logiciels pédagogiques: Ordinateur portable 13'' Mac Book Pro
buyer: Direction des politiques transversales Région-CommunautéOffice and computing machineryawarded 31-08-2017€1,3473 tendersTED 208629-2018

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Insights on IT PRO

The operating result for 2021 is a profit of €37,579, after a loss of €12.0m in 2020. It is the highest result since 2016.

Equity is negative. Debt (€22.7m) exceeds the balance-sheet total (€847,945).