IT SOLUTIONS
ActiveSummary
IT SOLUTIONS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2,271 and a net result of -€402. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability16▼-56
Solvency38▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six 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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
13.2%
Return on assets
-2.3%
Age of the figures
21 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 20783 sector peers (2024).
NBB · sector comparisonPosition among 20783 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-06-2025, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d early
2023
54 d early
2022
24 d early
2021
83 d early
2020
58 d early
2019
74 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 58 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€2,271▼ 15.0%
2023 · €2,674
Total assets
€17,241▲ 5.7%
2023 · €16,309
Net result
-€402
2023 · €391
Working capital
€1,557▼ 36.8%
2023 · €2,462
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
Line20202021202220232024
Operating result€3,732▲ 133%€2,035▼ 45.5%-€2,866€454-€426
Net result€11,236▲ 635%€1,486▼ 86.8%-€2,951€391-€402
Equity€3,747€5,233▲ 39.7%€2,282▼ 56.4%€2,674▲ 17.1%€2,271▼ 15.0%
Total assets€18,014▲ 147%€18,779▲ 4.2%€15,113▼ 19.5%€16,309▲ 7.9%€17,241▲ 5.7%
Debt€14,267▼ 3.4%€13,546▼ 5.1%€12,830▼ 5.3%€13,635▲ 6.3%€14,970▲ 9.8%
Working capital€4,283€4,416▲ 3.1%€1,768▼ 60.0%€2,462▲ 39.3%€1,557▼ 36.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €426 after €454 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17,241
Fixed assets
€714 ▲ 238%
Current assets
€16,526 ▲ 2.7%
Equity and liabilities €17,241
Equity
€2,271 ▼ 15.0%
Debt
€14,970 ▲ 9.8%
Debt's share of the balance-sheet total rises from 83.6% to 86.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€205▼
2023 · €756
Cash flow
-€182▼
2023 · €694
Current ratio
1.10▼
2023 · 1.18
Quick ratio
1.10▼
2023 · 1.13
Debt to equity
6.59▲
2023 · 5.10
ROE
-17.7%▼
2023 · 14.6%
ROA
-2.3%▼
2023 · 2.4%
Interest coverage
-2.19▼
2023 · 12.13
Debt ≤ 1 year
€14,970▲
2023 · €13,635
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,448 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
1.4%
went bankrupt
5.0%
stopped otherwise
93%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,448 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €359 | €91 | €303 | €303 | €221 | ▼ 27.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €35 | €44 | €68 | ▲ 55.2% |
| Other operating charges640/8 | - | - | - | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €4,091 | €2,126 | -€2,528 | €1,185 | €250 | ▼ 78.9% |
| Operating profit (loss)9901 | €3,732 | €2,035 | -€2,866 | €454 | -€426 | ▼ 194% |
| Financial income75/76B | - | €0 | - | - | €118 | - |
| Recurring financial income75 | - | €0 | - | - | €118 | - |
| Financial charges65/66B | - | €76 | €85 | €62 | €94 | ▲ 50.5% |
| Recurring financial charges65 | €76 | €76 | €85 | €62 | €94 | ▲ 50.5% |
| Profit (loss) for the period before taxes9903 | €11,236 | €1,959 | -€2,951 | €391 | -€402 | ▼ 203% |
| Income taxes67/77 | - | €473 | - | - | - | - |
| Profit (loss) for the period9904 | €11,236 | €1,486 | -€2,951 | €391 | -€402 | ▼ 203% |
| Profit (loss) for the period to be appropriated9905 | €11,236 | €1,486 | -€2,951 | €391 | -€402 | ▼ 203% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €18,014 | €18,779 | €15,113 | €16,309 | €17,241 | ▲ 5.7% |
| Fixed assets21/28 | - | €817 | €514 | €212 | €714 | ▲ 238% |
| Tangible fixed assets22/27 | - | €817 | €514 | €212 | €714 | ▲ 238% |
| Furniture and vehicles24 | - | €817 | €514 | €212 | €714 | ▲ 238% |
| Current assets29/58 | €18,014 | €17,962 | €14,598 | €16,097 | €16,526 | ▲ 2.7% |
| Stocks and contracts in progress3 | €740 | €611 | €198 | €752 | €25 | ▼ 96.7% |
| Stocks30/36 | - | €611 | €198 | €752 | €25 | ▼ 96.7% |
| Amounts receivable within one year40/41 | - | €640 | €90 | - | €328 | - |
| Trade receivables40 | - | €640 | €90 | - | €181 | - |
| Other amounts receivable41 | - | - | - | - | €147 | - |
| Cash at bank and in hand54/58 | €17,274 | €16,711 | €14,310 | €14,810 | €15,474 | ▲ 4.5% |
| Deferred charges and accrued income490/1 | - | - | - | €536 | €700 | ▲ 30.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €18,014 | €18,779 | €15,113 | €16,309 | €17,241 | ▲ 5.7% |
| Equity10/15 | €3,747 | €5,233 | €2,282 | €2,674 | €2,271 | ▼ 15.0% |
| Contributions10/11 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Profit (loss) carried forward14 | -€4,310 | -€2,824 | -€5,774 | -€5,383 | -€5,785 | ▼ 7.5% |
| Amounts payable17/49 | €14,267 | €13,546 | €12,830 | €13,635 | €14,970 | ▲ 9.8% |
| Amounts payable within one year42/48 | €13,731 | €13,546 | €12,830 | €13,635 | €14,970 | ▲ 9.8% |
| Trade debts44 | €1,110 | €1,682 | €1,206 | €2,471 | €3,706 | ▲ 50.0% |
| Suppliers440/4 | - | €1,682 | €1,206 | €2,471 | €3,706 | ▲ 50.0% |
| Taxes, remuneration and social security45 | - | €663 | €630 | €121 | - | - |
| Taxes450/3 | - | €663 | €630 | €121 | - | - |
| Other amounts payable47/48 | - | €11,201 | €10,994 | €11,043 | €11,263 | ▲ 2.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,236 | €1,486 | -€2,951 | €391 | -€402 | ▼ 203% |
| + Depreciation and write-downs630 | €359 | €91 | €303 | €303 | €221 | ▼ 27.1% |
| Operating cash flow (approximation) | €11,595 | €1,577 | -€2,648 | €694 | -€182 | ▼ 126% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | -€724 | - |
| Change in cash | - | -€563 | -€2,401 | €499 | €664 | ▲ 33.1% |
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
2025
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €391
Net result €391 after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€2,951
Net result drops to -€2,951, the lowest in the series; recovery starts the following year.
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €11,236 ▲635%
Operating result €3,732, net result €11,236, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.31
Current ratio from 0.47 to 1.31; short-term debt falls from €14,773 to €13,731.
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Mont-Saint-Guibert · 1 establishment unit since 2000
Ground area
3,092 m²
Building footprint
210 m²
Volume, LiDAR
1,245 m³
Parcel 25068B0199/00N000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Ecoles 17, 1435 Mont-Saint-Guibert
since 20002.093.784.194
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25068B0199/00N000 | Wallonia | 3,092 m² | 1 · 210 m² | 7.4 m · 2 fl. |
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.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 3,517 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
Founded14-03-2000
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46643Wholesale of electrical equipment, including installation materials
47400Retail sale of information and communication equipment
62100Computer programming
95100Repair and maintenance of computers and communication equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471426037
Registered
27-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.