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IT UNIT

Active
Private limited companyfounded 20197 yrs activeKauwenlaan 17, 2950 Kapellen, BelgiumKBO/BCE: BE 0733.786.093
Summary

IT UNIT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€40,716) and a net result of -€12,336. Equity is shrinking by ~76.9% per year across the filed fiscal years. Its solvency ranks better than 11% of 2834 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▲+60
Solvency2▼-9
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 0.83 in 2023; short-term debt: 88% and cash: 27.9% of total assets), and equity is negative.
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Signals

Five 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
-22.7%
Return on assets
-6.9%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2021222324
2020 to 2024 · latest year -€40,716
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
68 d late
2023
61 d late
2022
141 d late
2021
36 d late
2020
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 61 days after 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 September 2019, IT UNIT was incorporated as a Private limited company.1 Total assets went from EUR 359,440 in 2020 to EUR 179,509 in 2024 and headcount from 0.3 to 1.8 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
-€40,716▼ 43.5%
2023 · -€28,380
Total assets
€179,509▼ 10.7%
2023 · €201,113
Net result
-€12,336▲ 75.1%
2023 · -€49,624
Working capital
-€39,523▼ 15.3%
2023 · -€34,279
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€65,436--€4,051-€38,946▼ 861%-€49,293▼ 26.6%-€9,645▲ 80.4%
Net result€46,577--€5,154-€40,178▼ 680%-€49,624▼ 23.5%-€12,336▲ 75.1%
Equity€66,577-€61,423▼ 7.7%€21,244▼ 65.4%-€28,380-€40,716▼ 43.5%
Total assets€359,440-€337,972▼ 6.0%€235,840▼ 30.2%€201,113▼ 14.7%€179,509▼ 10.7%
Debt€292,863-€276,549▼ 5.6%€214,595▼ 22.4%€229,493▲ 6.9%€220,225▼ 4.0%
Working capital-€53,036-€33,980€2,323▼ 93.2%-€34,279-€39,523▼ 15.3%
Staff (FTE)0.3-1.7▲ 467%1.9▲ 11.8%1.8▼ 5.3%1.8=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000Operating result 2020: €65,436€65,436Net result 2020: €46,577€46,577Operating result 2021: -€4,051-€4,051Net result 2021: -€5,154-€5,154Operating result 2022: -€38,946-€38,946Net result 2022: -€40,178-€40,178Operating result 2023: -€49,293-€49,293Net result 2023: -€49,624-€49,624Operating result 2024: -€9,645-€9,645Net result 2024: -€12,336-€12,33620202021202220232024-€60,000-€40,000-€20,000€0Operating result 2022: -€38,946-€38,900Net result 2022: -€40,178-€40,200Operating result 2023: -€49,293-€49,300Net result 2023: -€49,624-€49,600Operating result 2024: -€9,645-€9,650Net result 2024: -€12,336-€12,300202220232024
The operating result stays negative: a loss of €9,645 in 2024 against €49,293 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €179,509
Fixed assets €61,021 ▲ 57.6%
Current assets €118,488 ▼ 27.0%
Key figures and ratios
2024 value · change against 2023
EBITDA
€32,896▲
2023 · -€16,105
Cash flow
€30,205▲
2023 · -€16,436
Solvency
-22.7%▼
2023 · -14.1%
Current ratio
0.75▼
2023 · 0.83
Debt to equity
-5.41▲
2023 · -8.09
ROA
-6.9%▲
2023 · -24.7%
Interest coverage
12.51▲
2023 · -10.69
Debt ≤ 1 year
€158,011▼
2023 · €196,686
Debt > 1 year
€62,214▲
2023 · €32,808
Income taxes
€377
Staff costs
€163,649▲
2023 · €156,954
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€201,113€179,509▼
Fixed assets21/28€38,707€61,021▲
Intangible fixed assets21€30,000-
Tangible fixed assets22/27€8,707€61,021▲
Plant, machinery and equipment23€1,200€2,309▲
Furniture and vehicles24€4,757€56,281▲
Other tangible fixed assets26€2,751€2,430▼
Current assets29/58€162,406€118,488▼
Amounts receivable within one year40/41€45,618€67,068▲
Trade receivables40€40,637€64,568▲
Other amounts receivable41€4,982€2,500▼
Cash at bank and in hand54/58€111,857€50,131▼
Deferred charges and accrued income490/1€4,931€1,289▼
Equity and liabilities
Total equity and liabilities10/49€201,113€179,509▼
Equity10/15-€28,380-€40,716▼
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€48,380-€60,716▼
Amounts payable17/49€229,493€220,225▼
Amounts payable after more than one year17€32,808€62,214▲
Financial debts170/4€32,808€62,214▲
Amounts payable within one year42/48€196,686€158,011▼
Current portion of amounts payable after more than one year42€20,167€20,594▲
Trade debts44€138,048€28,777▼
Suppliers440/4€138,048€28,777▼
Taxes, remuneration and social security45€38,471€50,023▲
Taxes450/3€10,215€21,189▲
Remuneration and social security454/9€28,256€28,834▲
Other amounts payable47/48-€58,617
Income statement Code20232024
Remuneration, social security and pensions62€156,954€163,649▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,188€42,541▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€654
Other operating charges640/8€1,034€815▼
Gross operating margin9900€141,883€198,016▲
Operating profit (loss)9901-€49,293-€9,645▲
Financial income75/76B€1,176€315▼
Recurring financial income75€1,176€315▼
Financial charges65/66B€1,507€2,629▲
Recurring financial charges65€1,507€2,629▲
Profit (loss) for the period before taxes9903-€49,624-€11,959▲
Income taxes67/77-€377
Profit (loss) for the period9904-€49,624-€12,336▲
Profit (loss) for the period to be appropriated9905-€49,624-€12,336▲
Appropriation of the result
Profit (loss) to be appropriated9906-€48,380-€60,716▼
Profit (loss) brought forward from the previous period14P€1,244-€48,380▼
Social balance
Average headcount (FTE)90871.81.8=

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€103,906€130,677€156,954€163,649▲ 4.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,000€31,729€32,747€33,188€42,541▲ 28.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€185--€654-
Other operating charges640/8-€542€915€1,034€815▼ 21.2%
Gross operating margin9900€107,425€132,312€125,393€141,883€198,016▲ 39.6%
Operating profit (loss)9901€65,436-€4,051-€38,946-€49,293-€9,645▲ 80.4%
Financial income75/76B-€420€794€1,176€315▼ 73.2%
Recurring financial income75€854€420€794€1,176€315▼ 73.2%
Financial charges65/66B-€1,523€1,962€1,507€2,629▲ 74.5%
Recurring financial charges65€54€1,523€1,962€1,507€2,629▲ 74.5%
Profit (loss) for the period before taxes9903€66,236-€5,154-€40,113-€49,624-€11,959▲ 75.9%
Income taxes67/77€19,659-€66-€377-
Profit (loss) for the period9904€46,577-€5,154-€40,178-€49,624-€12,336▲ 75.1%
Profit (loss) for the period to be appropriated9905€46,577-€5,154-€40,178-€49,624-€12,336▲ 75.1%
Line20202021202220232024Change
Assets
Total assets20/58€359,440€337,972€235,840€201,113€179,509▼ 10.7%
Fixed assets21/28€120,000€100,166€71,895€38,707€61,021▲ 57.6%
Intangible fixed assets21€120,000€90,000€60,000€30,000--
Tangible fixed assets22/27-€10,166€11,895€8,707€61,021▲ 601%
Plant, machinery and equipment23-€1,355€2,040€1,200€2,309▲ 92.5%
Furniture and vehicles24-€8,811€6,784€4,757€56,281▲ 1,083%
Other tangible fixed assets26--€3,071€2,751€2,430▼ 11.7%
Current assets29/58€239,440€237,806€163,944€162,406€118,488▼ 27.0%
Amounts receivable within one year40/41€175,079€187,330€107,054€45,618€67,068▲ 47.0%
Trade receivables40-€184,675€104,325€40,637€64,568▲ 58.9%
Other amounts receivable41-€2,655€2,729€4,982€2,500▼ 49.8%
Cash at bank and in hand54/58€64,017€48,927€55,851€111,857€50,131▼ 55.2%
Deferred charges and accrued income490/1-€1,548€1,039€4,931€1,289▼ 73.9%
Equity and liabilities
Total equity and liabilities10/49€359,440€337,972€235,840€201,113€179,509▼ 10.7%
Equity10/15€66,577€61,423€21,244-€28,380-€40,716▼ 43.5%
Contributions10/11-€20,000€20,000€20,000€20,000=
Profit (loss) carried forward14€46,577€41,423€1,244-€48,380-€60,716▼ 25.5%
Amounts payable17/49€292,863€276,549€214,595€229,493€220,225▼ 4.0%
Amounts payable after more than one year17-€72,722€52,974€32,808€62,214▲ 89.6%
Financial debts170/4-€72,722€52,974€32,808€62,214▲ 89.6%
Amounts payable within one year42/48€292,476€203,826€161,621€196,686€158,011▼ 19.7%
Current portion of amounts payable after more than one year42-€19,339€19,748€20,167€20,594▲ 2.1%
Financial debts43-€405----
Credit institutions430/8-€405----
Trade debts44€256,187€145,497€107,703€138,048€28,777▼ 79.2%
Suppliers440/4-€145,497€107,703€138,048€28,777▼ 79.2%
Taxes, remuneration and social security45-€38,586€34,170€38,471€50,023▲ 30.0%
Taxes450/3-€25,772€17,761€10,215€21,189▲ 107%
Remuneration and social security454/9-€12,814€16,409€28,256€28,834▲ 2.0%
Other amounts payable47/48----€58,617-
Line20202021202220232024Change
Profit (loss) for the period9904€46,577-€5,154-€40,178-€49,624-€12,336▲ 75.1%
+ Depreciation and write-downs630€30,000€31,729€32,747€33,188€42,541▲ 28.2%
Operating cash flow (approximation)€76,577€26,576-€7,431-€16,436€30,205▲ 284%
Investment in fixed assets (approximation)--€11,895-€4,477€0-€64,855-
Change in cash--€15,090€6,924€56,006-€61,726▼ 210%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
07-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 68 days late
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial Weakest financial yearnet -€49,624
Net result drops to -€49,624, the lowest in the series; recovery starts the following year.
19-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 141 days late
2022
05-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 36 days late
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
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, Kapellen · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
866 m²
Building footprint
169 m²
Volume, LiDAR
965 m³
Parcel 11362M0089/00H000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
IT UNIT
Kauwenlaan 17, 2950 KapellenWholesale trade
since 20192.294.519.459
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11362M0089/00H000 Flanders 866 m² 1 · 169 m² 9.5 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.

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,394. 13,225 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
Founded06-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail info@itunit.be
Phone 037474744

Scores and ratios are computed by Checked and are not a credit decision.