Equity
€7,200 ▲ 1,127×
IT PROJECT BE paid out €833 in dividends. That is 10% of the 2025 profit.
IT PROJECT BE
Overview
Lifetime
2 annual accounts with figures on one time axispeak €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 accountsTurnover
≈ €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
Green is investment, beige is depreciation.
Starting capital
€4,000 100 shares
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 strengthAverage
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
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.
| 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
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 comparisonPosition 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 filingsDeviation 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 monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
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
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
Annual accounts 2025
- €18,604▲ 69.6%
- €8,026
- €7,200▲ 1,127×
- €32,803▲ 46.3%
- Filing
- Filed on 19-06-2026, 42 days before the end of the filing period
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.
Financials
Annual accounts 2025
micro format, filed on 19-06-2026, 42 days before the deadline€18,604
▲ 69.6%
€14,859
▲ 402%
€8,026
▲ €12,020
-€5,826
▲ €1,569
21.9%
▲ 21.9 percentage points
0.77
▲ 0.10
The turnover shown is an estimate from the gross margin.
Turnover ≈ €100,000. Estimated: probably between €54,000 and €190,000.
Balance sheet
balance sheet total €32,803 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
21.9%
Higher than 22% of 21,208 companies in 2025.
0.77
Higher than 10% of 20,571 companies in 2025.
24.5%
Higher than 60% of 20,746 companies in 2025.
IT PROJECT BE
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
32,803 | 22,422 | |
21/28 |
13,678 | 7,426 | |
22/27 |
12,578 | 6,326 | |
24 |
12,578 | 6,326 | |
28 |
1,100 | 1,100 | |
29/58 |
19,125 | 14,995 | |
40/41 |
11,770 | 10,769 | |
40 |
11,770 | 10,769 | |
54/58 |
5,048 | 3,349 | |
490/1 |
2,307 | 878 | |
| Balance sheet: equity and liabilities | |||
10/49 |
32,803 | 22,422 | |
10/15 |
7,200 | 6 | |
10/11 |
4,000 | 4,000 | |
14 |
3,200 | -3,994 | |
17/49 |
25,603 | 22,415 | |
42/48 |
24,951 | 22,391 | |
44 |
1,061 | 2,048 | |
440/4 |
1,061 | 2,048 | |
45 |
16,845 | 11,239 | |
450/3 |
16,845 | 11,239 | |
47/48 |
7,045 | 9,104 | |
492/3 |
652 | 25 | |
| Income statement | |||
9900 |
18,604 | 10,966 | |
630 |
2,578 | 1,810 | |
640/8 |
1,167 | 6,197 | |
9901 |
14,859 | 2,959 | |
65/66B |
1,445 | 2,853 | |
65 |
1,445 | 2,853 | |
9903 |
13,414 | 106 | |
67/77 |
5,387 | 4,100 | |
9904 |
8,026 | -3,994 | |
9905 |
8,026 | -3,994 | |
| Appropriation of the result | |||
9906 |
4,033 | -3,994 | |
14P |
-3,994 | - | |
694/7 |
833 | - | |
694 |
833 | - | |
| Social balance sheet | |||
Hours worked1013 |
- | 0 | |
| Document | |||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 19-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| 17,436 | 4,769 | ||
| 10,604 | -2,184 | ||
| 8,829 | 9,236 | ||
| 1,699 | - | ||
| -5,826 | -7,395 | ||
| 21.9% | 0.0% | ||
| 0.77 | 0.67 | ||
| 3.56 | - | ||
| 111.5% | - | ||
| 24.5% | -17.8% | ||
| 12.07 | 1.67 |
EBIT margin: not included in this filing.
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.
Social balance sheet
| Item | 31-12-2024 |
|---|---|
| Employees at the balance-sheet date | 0 |
| full-time | 0 |
| part-time | 0 |
Source: social balance sheet in the 2024 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 |
|---|---|---|
| Tangible fixed assets | €8,829 | €8,136 |
| Financial fixed assets | - | €1,100 |
| €2,578 | €1,810 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Insights on IT PROJECT BE
The operating result for 2025 is 5 times that of 2024.
Debt's share of the balance-sheet total falls from 100.0% to 78.1%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 24-08-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 19-06-2026
Mandates through the years
1 name, the dashed line is todayIVANOV Yvelin
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- IVANOV Yvelin
- Director (not named in the articles), from 24-08-2023 to date
Control
Capital
- Contribution
- €4,000
- Shares
- 100
- Contribution per share
- €40
- Equity per share
- €72.00 in 2025
- Source
- deed of 28-08-2023
Articles of association
deed of 28-08-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Monday of May at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 28-08-2023 ↗
- IVANOV Yvelin 100 shares (100%) · €4,000 in cash
Network & group
No group
IT PROJECT BE has no parent and no holdings in its annual accounts. IVANOV Yvelin is the only director. IT PROJECT BE shares no director with another company.
Timeline
Timeline
6 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 42 days before the deadline
2025
Back to profit net €8,026 The net result is €8,026, after one loss-making year.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0805082578
Annual accounts 2024 filed PDFfull format · 28 days before the deadline
2023
IncorporationFounding capital of €4,000, 100 shares · Founder: IVANOV Yvelin · Appointment: IVANOV Yvelin (director) · published on 28-08-20234 points ▸
- Founder, IVANOV Yvelin
- Founding capital, €4,000, 100 shares
- Registered office clause, Rue Joseph Wauters 20, 1400 Nivelles
- Director appointment, IVANOV Yvelin (director (not named in the articles))
- The deed holds 4 more points.
First establishment Rue Joseph-Wauters 20, Nivelles
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
IT PROJECT BE was incorporated on 24 August 2023 as a private limited company by one natural person, with a starting capital of €4,000.12 Since 2023, IVANOV Yvelin has served as director.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 0805.082.578
- VAT number
- BE 0805.082.578
- Peppol ID
- 0208:0805082578
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 24-08-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Fourth Monday of May at 18:00deed of 28-08-2023 (in French)
- Peppol
- Reachable since 24-07-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- IT PROJECT BE in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 28-08-2023 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Rue Joseph Wauters 20, 1400 Nivelles”deed of 28-08-2023 (in French)
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
62020
IT consultancy
63110
Computing infrastructure, data processing, hosting and other information service activities
70220
Business consulting
71121
Engineering activities
74102
Other professional, scientific and technical activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “La programmation informatique et le développement d’applications,les prestations de design et d’implémentation d’architectures,l’analyse,la…”deed of 28-08-2023 (in French)
29 activities
- La programmation informatique et le développement d’applications,les prestations de design et d’implémentation d’architectures,l’analyse,la gestion d’installations de tous types,la recherche technique,la consultance,ainsi que le conseil en ces matières.
- Les missions de contrôle,d’audit et de compliance dans les domaines de l’informatique ainsi que la gestion de projets divers.
- Le commerce de détail d'ordinateurs et de logiciel non personnalisés.
- Faire ou exécuter toutes opérations se rattachant,directement ou indirectement,aux secteurs de l’informatique en général,de la gestion,des réseaux,de l’administration web,de l’électronique,de l’automatisme,de la communication,de la publicité au sens large,de l’innovation,du droit informatique,toutes activités en rapport avec la conception,la réalisation,la promotion,l’organisation et la gestion de tous types d’événements en ce compris la vente et la location de matériel s’y rapportant,à tout acte en gros ou au détail,import,export,réparation,service,bureau d’étude,recherche et développement.
- Toutes autres activités de télécommunication et toutes autres activités informatiques.
- La conception,la fabrication,la distribution,l'édition,la vente de tous travaux d'impression surtout type de support et de tous moyens de communication de l'information ;
- Toutes activités dans le domaine de la photographie et de l'illustration ;
- La création et gestion de banques d'images ;
- La représentation et la vente de toute machine et de tous produits et services se rapportant à ses activités ;
- L'étude,le conseil,la consultation,l’expertise,l'ingénierie et toutes prestations de services dans le cadre des activités prédécrites.
- Toutes les prestations se rapportant à la communication d'entreprises,les relations publiques,l'organisation d'évènements,l'infographie,le graphisme,le dessin,la formation,l'édition,l'architecture d'intérieur,le design,la conception de stands,et d'une manière générale toute activité en rapport avec la conception,la production et la distribution de produits de décoration,l'image et l'animation sous n'importe quelle forme ;
- L'activité de garçon de salle et/ou barman,que ce soit dans un café,une taverne,une brasserie,un bar,un cabaret,un club ou un restaurant.
- Toutes fonctions de consultance,de conseil en management,et de management d'entreprises,et notamment ;
- Le conseil,la formation,l'expertise technique et l'assistance dans les domaines précités ;
- L'élaboration de stratégie économique,productive,marketing ou organisationnelle ;
- La prestation de service de conseil en organisation et gestion d'entreprises actives dans ce ou ces domaines,la représentation et l'intervention en tant qu'intermédiaire commercial ;
- La réalisation d'études de marché ;
- La création de marques,de concepts et d'évènements musicaux,artistiques et/ou culturels.
- La création de broderie et de textiles ainsi que la confection et ventes de vêtements ;
- L'édition de publications et objets d'ordre divers tels que livres,revues,périodiques,enregistrements sonores et audio-visuels,sites ou publications internet ou en rapport avec les nouvelles technologies ;
- La promotion d'auteurs et l'organisation de conférences.
- Le shooting photo en studio,le shooting photo packshot,la création de contenu audiovisuel,la réalisation de clip musicaux ou publicitaires ou autres.
- Consentir tous prêts,crédits et avances sous quelque forme que ce soit et pour quelque durée que ce soit,à toutes entreprises affiliées ou dans laquelle la société possède une participation ;
- Se voir octroyer,sous quelque forme que ce soit et pour quelque durée que ce soit,tous prêts,crédits et avances par toute personne physique ou morale dans le cadre de ses activités ;
- Donner caution,aval ou toutes garanties généralement quelconques,tant pour ses propres engagements que pour les engagements de tiers,entre autres en donnant ses biens en hypothèque ou en gage,y compris son fonds de commerce ;
- Exercer la fonction de gérant,d’administrateur,de délégué à la gestion journalière,de liquidateur ainsi que toute autre fonction autorisée dans toute personne morale belge ou étrangère.
- L’acquisition,la gestion et l'exploitation de tous droits intellectuels,brevets et licences.
- L’acquisition,la vente ou l’échange de tout droit mobilier et de toute valeur mobilière,en ce compris notamment la constitution et la gestion d’un portefeuille de valeurs mobilières pour son compte propre uniquement ;
- La prise de participations,directe ou indirecte,dans le capital de toute personne morale belge ou étrangère,existante ou à créer,de quelque manière que ce soit,notamment par voie d'apport,de fusion,de souscription et de commandite.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Rue Joseph-Wauters 20 registered office 1400 Nivelles | 24-08-2023 | 2.349.074.239 |
Buildings and parcels at the address
- Ground area
- 314 m²
- Buildings
- 63 m²
- Volume, LiDAR
- 516 m³
- Tallest building
- 10.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 25072B0157/00D006 | 314 m² | 1 · 63 m² | 10.1 m · 3 |