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IT PROJECT BE

Active Private limited companyfounded 2023active for 3 yearsRue Joseph-Wauters 20, 1400 NivellesKBO/BCE: BE 0805.082.578

Lifetime

2 annual accounts with figures on one time axis
peak €18,604 (2025)
€18,604▲ 69.6%
lowest -€3,994 (2024)
€8,026▲ €12,020
peak €7,200 (2025)
€7,200▲ 1,127×
€25,603▲ 14.2%
Board1 name since 2023
1 directorIVANOV Yvelin
Documentsfilings and deeds
19-06-202642 days before the deadline
2025micro format
Gross margin from €10,966 to €18,604Back to profit: €8,026Dividend €833Equity from €6 to €7,200Investments €8,829Cash from €3,349 to €5,048

Key points

from the 2025 annual accounts

Equity

€7,200 ▲ 1,127×
62024+8,026Profit-833Dividend7,2002025

IT PROJECT BE paid out €833 in dividends. That is 10% of the 2025 profit.

Turnover

≈ €100,000 estimated

The accounts state no turnover.

Debts

€25,603 78% of the balance sheet
Suppliers 4%Taxes and wages 66%Other 30%

Of this, €24,951 falls due within a year.

Investments

€8,829 3.4 × depreciation
20242025

Green is investment, beige is depreciation.

Position in the sector

€7,200

Less equity than 85% of companies in computer programming and consultancy. Sector median €69,072 · 21,214 companies.

Checked score

91
Excellent
Financially stronger than 49% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,933 companies (NACE 62, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.4 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

47+22equity 21.9% of total assets
28+9short-term debt 76.1% · cash 15.4%
99+85return on assets 24.5%

Score breakdown

raises risk
Founded in 2023
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €32,803
Figures for financial year 2025 (filed on 19-06-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 23% of them on solvency, 10% on liquidity, 64% on profitability and 99% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 7,976 companies had the same profile as IT PROJECT BE has now. Each dot stands for 20 companies, two years later.

94.3%
were still trading
1.8%
stopped another way
3.6%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of IT PROJECT BE itself is lower: 0.1% within 12 months. It rests on far more data about IT PROJECT BE than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,976 companies, not a prediction for IT PROJECT BE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €500 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.77 (0.67 in 2024), below 1. Short-term debt is 76.1% and cash 15.4% of total assets. 78.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €32,803
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 19-06-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 21208 sector peers (2025).
NBB · sector comparison
Position among 21208 sector peers
Solvency
better than 22%
← weakest strongest →
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 19-06-2026, 42 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
42 days early
2024
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 35 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Board and ownership

IY
Director, since 24-08-2023
  • IVANOV Yvelin 100 sharesdeed of 28-08-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0805082578
Incorporation Founding capital of €4,000, 100 shares · Founder: IVANOV Yvelin · Appointment: IVANOV Yvelin (director) · published on 28-08-2023 · Gazette deed
First establishment Rue Joseph-Wauters 20, Nivelles
All 6 events

Comparable companies

same main activity, similar in size and age
Company
IT PROJECT BE Nivelles €32,803 €18,604 21.9% -
CREA'DEV Tubize €31,454 €15,788 88.7% -
Control Games Heusden-Zolder €33,020 €19,514 72.9% -
GJ Consultancy Antwerp €33,635 €19,514 38.3% -
Patney Heist-op-den-Berg €38,377 €18,847 65.0% -
HMZ Acquisition Evere €33,580 €16,094 77.9% -
CYBERNOVA Bernissart €31,950 €17,604 81.8% -

These companies have the same main activity as IT PROJECT BE: computer programming (NACE 62100). They are comparable in size and age: total assets between €31,500 and €38,400, founded between 2023 and 2024.

Official details

Source: KBO
Status
Active since 24-08-2023Normal situation
Activity
Computer programmingNACE 62100and 5 others
Establishment unit
2.349.074.2391400 Nivelles, since 24-08-2023
Financial year end
31 December
Peppol
Reachable since 24-07-2025
Company details

Annual accounts 2025

€32,803▲ 46.3%
Filing
Filed on 19-06-2026, 42 days before the end of the filing period
Financials

Insights on IT PROJECT BE

IT PROJECT BE has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,200 and a net result of €8,026.

Its solvency ranks better than 22% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about IT PROJECT BE

What is the company number of IT PROJECT BE?
The company number of IT PROJECT BE is 0805.082.578. The VAT number is the same number with BE in front: BE 0805.082.578.
Where is IT PROJECT BE based?
The registered office is at Rue Joseph-Wauters 20, 1400 Nivelles.Company details
What does IT PROJECT BE do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of IT PROJECT BE?
IT PROJECT BE is a private limited company (BV).
When was IT PROJECT BE founded?
IT PROJECT BE was founded on 24-08-2023.
Is IT PROJECT BE still active?
Yes, IT PROJECT BE is an active enterprise in the KBO register.
What is the turnover of IT PROJECT BE?
The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €18,604 and 53 comparable companies (NACE 62100). It probably lies between €54,000 and €190,000. It is a rough estimate.Financials
Is IT PROJECT BE profitable?
In financial year 2025, IT PROJECT BE made a profit of €8,026.
Where can I find the annual accounts of IT PROJECT BE?
IT PROJECT BE filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IT PROJECT BE due?
IT PROJECT BE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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