IT TEC
ActiveSummary
IT TEC has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €12k. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability45▼-55
Solvency60▼-16
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.16 against 1.56 in 2024; short-term debt: 43.7% and cash: 19.7% of total assets), but 65.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
34.8%
Return on assets
6.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
41 d late
2022
71 d late
2021
137 d late
2020
117 d late
2018
117 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€114k
EBIT margin
11.4%
Net result
€12k▼ 68.9%
2024 · €37k
2018: €15k
2020: €12k
2021: €24k▲ +95.7% vs 2020
2022: €9k▼ -64.2% vs 2021lowest value
2023: €40k▲ +364% vs 2022highest value
2024: €37k▼ -6.5% vs 2023
2025: €12k▼ -68.9% vs 2024
2018 → 2025
Working capital
€85k▲ 241%
2024 · €25k
2018: €13k
2020: €-25klowest value
2021: €20k▲ +180% vs 2020
2022: €43k▲ +114% vs 2021
2023: €-11k▼ -126% vs 2022
2024: €25k▲ +322% vs 2023
2025: €85k▲ +241% vs 2024highest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€114k
Equity€36k-€57k▲ 57.7%€15k▼ 74.1%€47k▲ 217%€59k▲ 24.8%
2021: €36k
2022: €57k▲ +57.7% vs 2021
2023: €15k▼ -74.1% vs 2022lowest in 5 years
2024: €47k▲ +217% vs 2023
2025: €59k▲ +24.8% vs 2024highest in 5 years
Operating result€36k-€13k▼ 63.7%€65k▲ 397%€59k▼ 8.2%€30k▼ 48.8%
2021: €36k
2022: €13k▼ -63.7% vs 2021lowest in 5 years
2023: €65k▲ +397% vs 2022highest in 5 years
2024: €59k▼ -8.2% vs 2023
2025: €30k▼ -48.8% vs 2024
Net result€24k-€9k▼ 64.2%€40k▲ 364%€37k▼ 6.5%€12k▼ 68.9%
2021: €24k
2022: €9k▼ -64.2% vs 2021lowest in 5 years
2023: €40k▲ +364% vs 2022highest in 5 years
2024: €37k▼ -6.5% vs 2023
2025: €12k▼ -68.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 49% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €168k
Fixed assets
€9k ▼ 56.9%
Current assets
€159k ▲ 127%
Equity and liabilities €168k
Equity
€59k ▲ 24.8%
Debt
€110k ▲ 145%
Debt's share of the balance-sheet total rises from 48.9% to 65.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35k▼
2024 · €63k
Cash flow
€16k▼
2024 · €41k
Current ratio
2.16▲
2024 · 1.56
Debt to equity
1.87▲
2024 · 0.96
ROE
19.9%▼
2024 · 79.6%
ROA
6.9%▼
2024 · 40.7%
Interest coverage
2.12▼
2024 · 10.13
Debt ≤ 1 year
€74k▲
2024 · €45k
Debt > 1 year
€36k
Income taxes
€4k▼
2024 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€92k€168k▲
Fixed assets21/28€22k€9k▼
Tangible fixed assets22/27€22k€9k▼
Plant, machinery and equipment23€9k€9k▲
Furniture and vehicles24€13k€378▼
Current assets29/58€70k€159k▲
Amounts receivable within one year40/41€27k€124k▲
Trade receivables40€27k€111k▲
Other amounts receivable41-€12k
Cash at bank and in hand54/58€41k€33k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€92k€168k▲
Equity10/15€47k€59k▲
Contributions10/11€6k€6k=
Reserves13€6k€6k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€35k€46k▲
Amounts payable17/49€45k€110k▲
Amounts payable after more than one year17-€36k
Financial debts170/4-€36k
Amounts payable within one year42/48€45k€74k▲
Current portion of amounts payable after more than one year42-€9k
Financial debts43€5-
Credit institutions430/8€5-
Trade debts44€23k€47k▲
Suppliers440/4€23k€47k▲
Taxes, remuneration and social security45€22k€17k▼
Taxes450/3€22k€17k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A-€700
Gross operating margin9900€66k€37k▼
Operating profit (loss)9901€59k€30k▼
Financial income75/76B€2€2k▲
Recurring financial income75€2€2k▲
Financial charges65/66B€6k€16k▲
Recurring financial charges65€6k€16k▲
Profit (loss) for the period before taxes9903€53k€16k▼
Income taxes67/77€16k€4k▼
Profit (loss) for the period9904€37k€12k▼
Profit (loss) for the period to be appropriated9905€37k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€46k▲
Profit (loss) brought forward from the previous period14P€3k€35k▲
Profit to be distributed694/7€5k-
Return on contributions (dividend)694€5k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €114k | - | - | - | - |
| Non-recurring operating income76A | €549 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €98k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €4k | €4k | €4k | ▲ 1.0% |
| Other operating charges640/8 | €1k | €824 | €194 | €2k | €2k | ▼ 5.6% |
| Non-recurring operating charges66A | - | - | - | - | €700 | - |
| Gross operating margin9900 | €39k | €17k | €69k | €66k | €37k | ▼ 43.2% |
| Operating profit (loss)9901 | €36k | €13k | €65k | €59k | €30k | ▼ 48.8% |
| Financial income75/76B | - | €34 | €0 | €2 | €2k | ▲ 112,270% |
| Recurring financial income75 | - | €34 | €0 | €2 | €2k | ▲ 112,270% |
| Financial charges65/66B | €2k | €2k | €4k | €6k | €16k | ▲ 161% |
| Recurring financial charges65 | €2k | €2k | €4k | €6k | €16k | ▲ 161% |
| Profit (loss) for the period before taxes9903 | €33k | €11k | €61k | €53k | €16k | ▼ 70.2% |
| Income taxes67/77 | €9k | €2k | €21k | €16k | €4k | ▼ 73.5% |
| Profit (loss) for the period9904 | €24k | €9k | €40k | €37k | €12k | ▼ 68.9% |
| Profit (loss) for the period to be appropriated9905 | €24k | €9k | €40k | €37k | €12k | ▼ 68.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €85k | €85k | €93k | €92k | €168k | ▲ 83.3% |
| Fixed assets21/28 | €16k | €14k | €26k | €22k | €9k | ▼ 56.9% |
| Tangible fixed assets22/27 | €16k | €14k | €26k | €22k | €9k | ▼ 56.9% |
| Plant, machinery and equipment23 | €15k | €12k | €12k | €9k | €9k | ▲ 2.8% |
| Furniture and vehicles24 | €2k | €2k | €14k | €13k | €378 | ▼ 97.1% |
| Current assets29/58 | €69k | €71k | €66k | €70k | €159k | ▲ 127% |
| Amounts receivable within one year40/41 | €52k | €29k | €21k | €27k | €124k | ▲ 364% |
| Trade receivables40 | €51k | €15k | €20k | €27k | €111k | ▲ 317% |
| Other amounts receivable41 | €1k | €14k | €227 | - | €12k | - |
| Cash at bank and in hand54/58 | €15k | €40k | €46k | €41k | €33k | ▼ 18.1% |
| Deferred charges and accrued income490/1 | €2k | €2k | - | €3k | €2k | ▼ 25.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €85k | €85k | €93k | €92k | €168k | ▲ 83.3% |
| Equity10/15 | €36k | €57k | €15k | €47k | €59k | ▲ 24.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Outside capital11 | €6k | - | - | - | - | - |
| Other1109/19 | €6k | - | - | - | - | - |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €4k | €4k | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €24k | €45k | €3k | €35k | €46k | ▲ 33.5% |
| Amounts payable17/49 | €49k | €28k | €78k | €45k | €110k | ▲ 145% |
| Amounts payable after more than one year17 | - | - | - | - | €36k | - |
| Financial debts170/4 | - | - | - | - | €36k | - |
| Amounts payable within one year42/48 | €49k | €28k | €78k | €45k | €74k | ▲ 63.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €9k | - |
| Financial debts43 | €9 | €5 | €5 | €5 | - | - |
| Credit institutions430/8 | - | €5 | €5 | €5 | - | - |
| Other loans439 | €9 | - | - | - | - | - |
| Trade debts44 | €22k | €3k | €3k | €23k | €47k | ▲ 102% |
| Suppliers440/4 | €22k | €3k | €3k | €23k | €47k | ▲ 102% |
| Advances received on contracts in progress46 | €10k | - | - | - | - | - |
| Taxes, remuneration and social security45 | €17k | €24k | €43k | €22k | €17k | ▼ 19.7% |
| Taxes450/3 | €17k | €22k | €41k | €22k | €17k | ▼ 19.7% |
| Remuneration and social security454/9 | - | €2k | €2k | - | - | - |
| Other amounts payable47/48 | €501 | - | €32k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24k | €9k | €40k | €37k | €12k | ▼ 68.9% |
| + Depreciation and write-downs630 | €2k | €3k | €4k | €4k | €4k | ▲ 1.0% |
| Operating cash flow (approximation) | €26k | €12k | €44k | €41k | €16k | ▼ 62.0% |
| Investment in fixed assets (approximation) | - | €-1k | €-16k | €0 | €8k | - |
| Change in cash | - | €25k | €5k | €-5k | €-7k | ▼ 38.7% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
10-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
2023
31-12
Financial
Highest result since 2018net €40k ▲364%
Operating result €65k, net result €40k, both a record.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Weakest financial yearnet €9k ▼64.2%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 137 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 1.41
Current ratio from 0.34 to 1.41.
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 117 days late
2019
25-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 117 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Sint-Niklaas · 1 establishment unit since 2017
Ground area
2,362 m²
Building footprint
599 m²
Volume, LiDAR
4,059 m³
2 parcels, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IT TEC
since 20172.270.052.990
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002A0778/00E000 | Flanders | 1,258 m² | 1 · 436 m² | 10.4 m · 3 fl. |
| 46008A0353/00A002 | Flanders | 1,104 m² | 1 · 164 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,440 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
Founded02-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.