IT-Source
ActiveIT-Source has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €186k and a net result of €62k. Equity is growing by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 17007 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
98
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+9
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 6.04 against 5.57 in 2024; short-term debt: 16.3% and cash: 58.9% of total assets), and 16.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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
Sector 62
lower
← 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
83.3%
Return on assets
28%
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 25-08-2026, 25 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
25 d late
2024
26 d late
2023
29 d late
2022
18 d late
2021
30 d late
2020
26 d late
2019
84 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€186k▲ 50.5%
2024 · €124k
2018: €40k
2019: €52k
2020: €55k
2021: €73k
2022: €80k
2023: €97k
2024: €124k
2018 → 2025
Total assets
€223k▲ 47.9%
2024 · €151k
2018: €65k
2019: €76k
2020: €81k
2021: €83k
2022: €119k
2023: €125k
2024: €151k
2018 → 2025
Net result
€62k▲ 137%
2024 · €26k
2018: €2k
2019: €15k
2020: €10k
2021: €18k
2022: €26k
2023: €17k
2024: €26k
2018 → 2025
Working capital
€184k▲ 51.3%
2024 · €121k
2018: €31k
2019: €47k
2020: €54k
2021: €69k
2022: €78k
2023: €94k
2024: €121k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€80k▲ 10.3%€97k▲ 21.4%€124k▲ 27.1%€186k▲ 50.5%
Operating result€24k-€36k▲ 50.4%€27k▼ 25.5%€40k▲ 50.9%€91k▲ 128%
Net result€18k-€26k▲ 47.6%€17k▼ 33.9%€26k▲ 53.3%€62k▲ 137%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 128% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €223k
Fixed assets
€3k▲ 4.6%
Current assets
€220k▲ 48.8%
Equity and liabilities €223k
Equity
€186k▲ 50.5%
Debt
€37k▲ 36.2%
The debt ratio falls from 18.1% to 16.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€93k▲
2024 · €41k
Cash flow
€64k▲
2024 · €28k
Solvency
83.3%▲
2024 · 81.9%
Current ratio
6.04▲
2024 · 5.57
Quick ratio
6.04▲
2024 · 5.57
Debt / equity
0.20▼
2024 · 0.22
ROE
33.6%▲
2024 · 21.3%
ROA
28.0%▲
2024 · 17.4%
Interest coverage
808.14▲
2024 · 360.24
Debt
€37k▲
2024 · €27k
Debt ≤ 1 year
€36k▲
2024 · €27k
Income taxes
€29k▲
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€151k€223k▲
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Furniture and vehicles24€920€1k▲
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€17€22▲
Current assets29/58€148k€220k▲
Amounts receivable after more than one year29€15k€15k=
Other amounts receivable291€15k€15k=
Amounts receivable within one year40/41€59k€72k▲
Trade receivables40€18k€19k▲
Other amounts receivable41€41k€53k▲
Cash at bank and in hand54/58€73k€132k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€151k€223k▲
Equity10/15€124k€186k▲
Contributions10/11€6k€6k=
Reserves13€109k€171k▲
Distributable reserves133€109k€171k▲
Profit (loss) carried forward14€9k€9k▲
Amounts payable17/49€27k€37k▲
Amounts payable within one year42/48€27k€36k▲
Trade debts44€8k€5k▼
Suppliers440/4€8k€5k▼
Taxes, remuneration and social security45€19k€31k▲
Taxes450/3€19k€31k▲
Accrued charges and deferred income492/3€850€850=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€232€361▲
Gross operating margin9900€42k€93k▲
Operating profit (loss)9901€40k€91k▲
Financial income75/76B€10€10▼
Recurring financial income75€10€10▼
Financial charges65/66B€115€115▲
Recurring financial charges65€115€115▲
Profit (loss) for the period before taxes9903€40k€91k▲
Income taxes67/77€14k€29k▲
Profit (loss) for the period9904€26k€62k▲
Profit (loss) for the period to be appropriated9905€26k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€71k▲
Profit (loss) brought forward from the previous period14P€9k€9k▲
Transfer to equity691/2€26k€62k▲
To other reserves6921€26k€62k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Highest result since 2018net €62k ▲137%
Operating result €91k, net result €62k, both a record.
31-12
Financial
Equity above €150kEq €186k ▲50.5%
8 profitable years in a row build equity to €186k.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Equity above €100kEq €124k ▲27.1%
7 profitable years in a row build equity to €124k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 8.03
Current ratio from 3.14 to 8.03; short-term debt falls from €25k to €10k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Dendermonde · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bevrijdingslaan (APP) 1559200 DendermondeGround area
227 m²
Building footprint
102 m²
Volume, LiDAR
725 m³
Parcel 42001B0106/00Z002, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IT-Source
since 20122.209.537.462
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42001B0106/00Z002 | Flanders | 227 m² | 1 · 102 m² | 11.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
TECH SESSION
BE 0867.077.159
Dilbeek · Eq €186k
CoppIT
BE 0693.982.144
Haaltert · Eq €186k
CYBERTEK
BE 0465.157.956
Elsene · Eq €186k
JURA CONSULTING
BE 0846.354.296
Boortmeerbeek · Eq €186k
OffBeat
BE 1004.920.691
Gent · Eq €186k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,392. 15,048 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2012
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
47410Retail trade
58290Other software publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.