IT-TECHNICS
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 08-04-2026 PDF all 17 filings
Turnover
≈ €170,000
Estimated: probably between €160,000 and €220,000
Total assets
€553,148▲ 12.3%
2024 · €492,508
Net result
€74,083▲ 25.9%
2024 · €58,820
Working capital
€409,893▲ 28.4%
2024 · €319,197
In the rankings
#3 company by equity in Hamme, Telecoms and IT sector#4 oldest company in Hamme, Telecoms and IT sector#5 company by total assets in Hamme, Telecoms and IT sector
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€98,891
▲ 20.9%
2025
20192025
Net result
€74,083
▲ 25.9%
2025
highest quarter of the sector
20192025
Equity
€416,694
▲ 21.6%
2025
highest quarter of the sector
20192025
Total assets
€553,148
▲ 12.3%
2025
highest quarter of the sector
20192025
Debt
€136,454
▼ 9.0%
2025
20192025
Working capital
€409,893
▲ 28.4%
2025
highest quarter of the sector
20192025
Solvency
75.3%
▲ 5.8pp
2025
middle half of the sector
20192025
Current ratio
4.26
▲ 1.03
2025
middle half of the sector
20192025
Return on assets (ROA)
13.4%
▲ 1.5pp
2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€50,932-€45,922▼ 9.8%€64,965▲ 41.5%€87,506▲ 34.7%€78,092▼ 10.8%€81,819▲ 4.8%€98,891▲ 20.9%
Net result€36,164-€34,133within the sector's middle half▼ 5.6%€47,319above the sector's middle half▲ 38.6%€64,227above the sector's middle half▲ 35.7%€50,895above the sector's middle half▼ 20.8%€58,820above the sector's middle half▲ 15.6%€74,083above the sector's middle half▲ 25.9%
Equity€237,370-€271,503above the sector's middle half▲ 14.4%€225,310above the sector's middle half▼ 17.0%€289,537above the sector's middle half▲ 28.5%€309,742above the sector's middle half▲ 7.0%€342,612above the sector's middle half▲ 10.6%€416,694above the sector's middle half▲ 21.6%
Total assets€245,899-€275,827within the sector's middle half▲ 12.2%€301,319above the sector's middle half▲ 9.2%€374,394above the sector's middle half▲ 24.3%€423,921above the sector's middle half▲ 13.2%€492,508above the sector's middle half▲ 16.2%€553,148above the sector's middle half▲ 12.3%
Debt€8,529-€4,325▼ 49.3%€76,009▲ 18×€84,857▲ 11.6%€114,180▲ 34.6%€149,897▲ 31.3%€136,454▼ 9.0%
Working capital€218,229-€261,840above the sector's middle half▲ 20.0%€221,948above the sector's middle half▼ 15.2%€235,643above the sector's middle half▲ 6.2%€270,219above the sector's middle half▲ 14.7%€319,197above the sector's middle half▲ 18.1%€409,893above the sector's middle half▲ 28.4%
Solvency96.5%-98.4%above the sector's middle half▲ 1.9pp74.8%within the sector's middle half▼ 23.7pp77.3%within the sector's middle half▲ 2.6pp73.1%within the sector's middle half▼ 4.3pp69.6%within the sector's middle half▼ 3.5pp75.3%within the sector's middle half▲ 5.8pp
Current ratio26.59-61.54above the sector's middle half▲ 34.963.95within the sector's middle half▼ 57.593.88within the sector's middle half▼ 0.073.46within the sector's middle half▼ 0.423.24within the sector's middle half▼ 0.224.26within the sector's middle half▲ 1.03
Return on assets (ROA)14.7%-12.4%within the sector's middle half▼ 2.3pp15.7%within the sector's middle half▲ 3.3pp17.2%within the sector's middle half▲ 1.5pp12.0%within the sector's middle half▼ 5.1pp11.9%within the sector's middle half▼ 0.1pp13.4%within the sector's middle half▲ 1.5pp
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 21% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €553,148
Fixed assets
€17,665 ▼ 42.4%
Current assets
€535,484 ▲ 15.9%
Equity and liabilities €553,148
Equity
€416,694 ▲ 21.6%
Debt
€136,454 ▼ 9.0%
Debt's share of the balance-sheet total falls from 30.4% to 24.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€111,910▲
2024 · €94,838
Cash flow
€87,101▲
2024 · €71,838
Debt to equity
0.33▼
2024 · 0.44
ROE
17.8%▲
2024 · 17.2%
Interest coverage
9.65▼
2024 · 12.30
Debt ≤ 1 year
€125,590▼
2024 · €142,628
Income taxes
€28,593▲
2024 · €22,494
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €63,141 | - | - | - |
| Depreciation and write-downs of the year | €10,431 | €13,234 | €13,019 | €13,019 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €16,742 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,478 | €9,478 | €9,340 | €10,431 | €13,234 | €13,019 | €13,019 | = |
| Other operating charges640/8 | - | - | - | €276 | €726 | €679 | €685 | ▲ 1.0% |
| Gross operating margin9900 | €61,044 | €55,866 | €75,081 | €98,214 | €92,052 | €95,517 | €112,595 | ▲ 17.9% |
| Operating profit (loss)9901 | €50,932 | €45,922 | €64,965 | €87,506 | €78,092 | €81,819 | €98,891 | ▲ 20.9% |
| Financial income75/76B | - | - | - | €3,310 | €4,985 | €7,203 | €15,381 | ▲ 114% |
| Recurring financial income75 | €367 | €2,926 | €3,102 | €3,310 | €4,985 | €7,203 | €15,381 | ▲ 114% |
| Financial charges65/66B | - | - | - | €3,390 | €4,588 | €7,708 | €11,597 | ▲ 50.4% |
| Recurring financial charges65 | €48 | €372 | €1,151 | €3,390 | €4,588 | €7,708 | €11,597 | ▲ 50.4% |
| Profit (loss) for the period before taxes9903 | €51,252 | €48,476 | €66,916 | €87,426 | €78,489 | €81,314 | €102,675 | ▲ 26.3% |
| Income taxes67/77 | €15,088 | €14,343 | €19,597 | €23,199 | €27,593 | €22,494 | €28,593 | ▲ 27.1% |
| Profit (loss) for the period9904 | €36,164 | €34,133 | €47,319 | €64,227 | €50,895 | €58,820 | €74,083 | ▲ 25.9% |
| Profit (loss) for the period to be appropriated9905 | €36,164 | €34,133 | €47,319 | €64,227 | €50,895 | €58,820 | €74,083 | ▲ 25.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €245,899 | €275,827 | €301,319 | €374,394 | €423,921 | €492,508 | €553,148 | ▲ 12.3% |
| Fixed assets21/28 | €19,140 | €9,663 | €4,226 | €56,936 | €43,702 | €30,683 | €17,665 | ▼ 42.4% |
| Tangible fixed assets22/27 | €19,140 | €9,663 | €4,226 | €56,936 | €43,702 | €30,683 | €17,665 | ▼ 42.4% |
| Plant, machinery and equipment23 | - | - | - | €3,621 | €3,015 | €2,625 | €2,234 | ▼ 14.9% |
| Furniture and vehicles24 | - | - | - | €53,315 | €40,687 | €28,059 | €15,431 | ▼ 45.0% |
| Current assets29/58 | €226,759 | €266,165 | €297,092 | €317,459 | €380,220 | €461,825 | €535,484 | ▲ 15.9% |
| Amounts receivable within one year40/41 | €27,756 | €15,961 | €25,590 | €39,202 | €40,653 | €19,820 | €22,914 | ▲ 15.6% |
| Trade receivables40 | - | - | - | €37,387 | €38,632 | €19,820 | €17,391 | ▼ 12.3% |
| Other amounts receivable41 | - | - | - | €1,815 | €2,021 | - | €5,523 | - |
| Current investments50/53 | - | €8,372 | €10,703 | €19,172 | €16,887 | €277,493 | €410,354 | ▲ 47.9% |
| Cash at bank and in hand54/58 | €197,429 | €240,257 | €259,321 | €257,534 | €322,313 | €164,145 | €101,840 | ▼ 38.0% |
| Deferred charges and accrued income490/1 | - | - | - | €1,551 | €366 | €367 | €376 | ▲ 2.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €245,899 | €275,827 | €301,319 | €374,394 | €423,921 | €492,508 | €553,148 | ▲ 12.3% |
| Equity10/15 | €237,370 | €271,503 | €225,310 | €289,537 | €309,742 | €342,612 | €416,694 | ▲ 21.6% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €231,170 | €265,303 | €219,110 | €283,337 | €303,542 | €336,412 | €410,494 | ▲ 22.0% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €281,477 | €301,682 | €334,552 | €408,634 | ▲ 22.1% |
| Amounts payable17/49 | €8,529 | €4,325 | €76,009 | €84,857 | €114,180 | €149,897 | €136,454 | ▼ 9.0% |
| Amounts payable within one year42/48 | €8,529 | €4,325 | €75,145 | €81,816 | €110,001 | €142,628 | €125,590 | ▼ 11.9% |
| Trade debts44 | €3,055 | €862 | €792 | €538 | €340 | €37 | €205 | ▲ 456% |
| Suppliers440/4 | - | - | - | €538 | €340 | €37 | €205 | ▲ 456% |
| Taxes, remuneration and social security45 | - | - | - | €5,634 | €2,011 | €3,774 | - | - |
| Taxes450/3 | - | - | - | €5,634 | €2,011 | €3,774 | - | - |
| Other amounts payable47/48 | - | - | - | €75,644 | €107,650 | €138,817 | €125,386 | ▼ 9.7% |
| Accrued charges and deferred income492/3 | - | - | - | €3,041 | €4,179 | €7,268 | €10,863 | ▲ 49.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,164 | €34,133 | €47,319 | €64,227 | €50,895 | €58,820 | €74,083 | ▲ 25.9% |
| + Depreciation and write-downs630 | €9,478 | €9,478 | €9,340 | €10,431 | €13,234 | €13,019 | €13,019 | = |
| Operating cash flow (approximation) | €45,642 | €43,611 | €56,659 | €74,659 | €64,129 | €71,838 | €87,101 | ▲ 21.2% |
| Investment in fixed assets (approximation) | - | €0 | -€3,904 | -€63,141 | €0 | €0 | €0 | - |
| Change in cash | - | €42,828 | €19,064 | -€1,787 | €64,779 | -€158,168 | -€62,305 | ▲ 60.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,811 companies had the same profile as IT-TECHNICS has now. Two years later, 96.5% were still going and 0.3% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
96.5%
was still going
3.1%
stopped otherwise
0.3%
went bankrupt
That fits the bankruptcy probability of IT-TECHNICS itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 17,811 companies, not a prediction for IT-TECHNICS. 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.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 08-04-2026 | 2026-00074189 | |
| 30-09-2024 | micro format | 18-03-2025 | 2025-00049357 | |
| 30-09-2023 | micro format | 28-03-2024 | 2024-00051275 | |
| 30-09-2022 | micro format | 31-03-2023 | 2023-00050058 | |
| 30-09-2021 | micro format | 29-03-2022 | 2022-08800418 | |
| 30-09-2020 | micro format | 06-04-2021 | 2021-09500377 | |
| 30-09-2019 | micro format | 30-03-2020 | 2020-07700523 | |
| 30-09-2018 | micro format | 29-03-2019 | 2019-08100519 | |
| 30-09-2017 | micro format | 06-04-2018 | 2018-09100258 | |
| 30-09-2016 | abbreviated format | 31-03-2017 | 2017-07700270 |