IT1
ActiveSummary
IT1 has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €298,800. Its solvency ranks better than 37% of 3,396 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 27-06-2025 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200and 2 others
- Establishment units
- 2.375.546.034 9050 Gent, since 27-06-2025
- 2.375.546.133 9200 Dendermonde, since 27-06-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Board and ownership
Board
- IT1 GroupDirector · since 27-06-2025 · permanent representative VAN dE VOORDE Mario Alfonsine
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Turnover
- €11.4m
- Profit
- €298,800
- Equity
- €1.4m
- Total assets
- €4.5m
- Employees on 31-12-2025
- 31
Score breakdownlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.28, cash €927,275Size: turnover €11.4m, 15.1 FTE, total assets €4.5mProfit of €298,800 (financial year 2025)Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 43% of small companies in computer programming and consultancy (NACE 62)
Financial strength
Average
Solvency
56
equity 30.7% of total assets
Liquidity
43
short-term debt 63.0% · cash 20.5%
Profitability
67
return on assets 6.6%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2026: 0.4%highest value
08-2026: 0.1%▼ -0.3 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €120,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is tight, with a current ratio of 1.28, below the usual 1.5. Short-term debt is 63% and cash 20.5% of total assets. 69.3% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, small). It does better than 39% of them on solvency, 43% on liquidity and 47% on profitability.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
18 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 13-07-2026 at the NBB
Turnover
€11.4m
EBIT margin
3.7%
Net result
€298,800
Working capital
€792,495
In the rankings
#3 company by total assets in Dendermonde, Telecoms and IT sector#3 company by equity in Dendermonde, Telecoms and IT sector
Balance-sheet composition
Assets €4.5m
Fixed assets
€878,766
Current assets
€3.6m
Equity and liabilities €4.5m
Equity
€1.4m
Debt
€3.1m
Debt's share of the balance-sheet total is 69.3%.
Key figures and ratios
EBITDA
€778,035
Cash flow
€654,121
Current ratio
1.28
Quick ratio
1.22
Debt to equity
2.25
ROE
21.5%
ROA
6.6%
Interest coverage
32.24
Debt ≤ 1 year
€2.8m
Debt > 1 year
€232,503
Income taxes
€132,260
Customer credit
48 days
Supplier credit
63 days
Staff costs
€1.8m
Staff
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 31 |
| full-time | 29 |
| part-time | 2 |
| in full-time equivalents | 30.6 |
| Average over the year, in full-time equivalents | 15.1 |
| On a permanent contract | 31 |
| Joined | 34 |
| Left | 3 |
| Training hours | 703 |
Source: social balance sheet in the 2025 annual accounts
Securities and guarantees
| Item | 2025 |
|---|---|
| Pledge on the business | €600,000 |
Source: notes to the 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €1.0m |
| Intangible fixed assets | €952,199 |
| Financial fixed assets | €450 |
| Depreciation and write-downs of the year | €355,321 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2025 |
|---|---|
| Turnover70 | €11.4m |
| Non-recurring operating income76A | €0.004m |
| Goods, raw materials, services and sundry goods60/61 | €8.9m |
| Remuneration, social security and pensions62 | €1.8m |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.4m |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0.008m |
| Other operating charges640/8 | €0.01m |
| Gross operating margin9900 | €2.6m |
| Operating profit (loss)9901 | €0.4m |
| Financial income75/76B | €0.03m |
| Recurring financial income75 | €0.03m |
| Financial charges65/66B | €0.02m |
| Recurring financial charges65 | €0.02m |
| Profit (loss) for the period before taxes9903 | €0.4m |
| Income taxes67/77 | €0.1m |
| Profit (loss) for the period9904 | €0.3m |
| Profit (loss) for the period to be appropriated9905 | €0.3m |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €4.5m | |
| Fixed assets21/28 | €0.9m | |
| Intangible fixed assets21 | €0.6m | |
| Tangible fixed assets22/27 | €0.3m | |
| Plant, machinery and equipment23 | €0.3m | |
| Furniture and vehicles24 | €0.004m | |
| Financial fixed assets28 | €0.02m | |
| Current assets29/58 | €3.6m | |
| Stocks and contracts in progress3 | €0.2m | |
| Stocks30/36 | €0.2m | |
| Amounts receivable within one year40/41 | €2.3m | |
| Trade receivables40 | €1.5m | |
| Other amounts receivable41 | €0.8m | |
| Current investments50/53 | €0.2m | |
| Cash at bank and in hand54/58 | €0.9m | |
| Deferred charges and accrued income490/1 | €0.05m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €4.5m | |
| Equity10/15 | €1.4m | |
| Contributions10/11 | €0.03m | |
| Reserves13 | €0.8m | |
| Non-distributable reserves130/1 | €0.003m | |
| Reserves not available under the articles1311 | €0.003m | |
| Tax-exempt reserves132 | €0.04m | |
| Distributable reserves133 | €0.8m | |
| Profit (loss) carried forward14 | €0.6m | |
| Amounts payable17/49 | €3.1m | |
| Amounts payable after more than one year17 | €0.2m | |
| Financial debts170/4 | €0.2m | |
| Amounts payable within one year42/48 | €2.8m | |
| Current portion of amounts payable after more than one year42 | €0.2m | |
| Trade debts44 | €1.5m | |
| Suppliers440/4 | €1.5m | |
| Advances received on contracts in progress46 | €0.5m | |
| Taxes, remuneration and social security45 | €0.5m | |
| Taxes450/3 | €0.2m | |
| Remuneration and social security454/9 | €0.3m | |
| Accrued charges and deferred income492/3 | €0.05m | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €298,800 |
| + Depreciation and write-downs630 | €355,321 |
| Operating cash flow (approximation) | €654,121 |
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, 144 companies had the same profile as IT1 has now. Two years later, 95.1% were still going and 0.7% had gone bankrupt.
- Small
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.1%
was still going
4.2%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of IT1 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 144 companies, not a prediction for IT1. 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 13-07-2026 | 2026-00296381 |
Board & ownership
Directors
Directors
1 director, no change since 2025
Board 1
IT1 Group
Current
Director (not named in the articles) · since 27-06-2025 · term without a fixed end · Private limited company · permanent representative: VAN dE VOORDE Mario Alfonsine · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 13-07-2026
Permanent representatives 1
VAN dE VOORDE Mario Alfonsine
Current
Permanent representative · appointed in the act of 08-07-2025 · for IT1 Group
Owners and capital
Shareholders
At incorporation
act of 08-07-2025 ↗
- VAN dE VOORDE Mario Alfonsine 7,120 shares (94.9%)
- VAN LYSEBETTEN Kristof 190 shares (2.5%)
- D'HONT Joeri Marcel Zulma 190 shares (2.5%)
Capital transactions
Capital over time
- 08-07-2025 Incorporation · 7,500 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuursorgaan, bij openvallende plaats vóór einde mandaat in collegiaal orgaan mogen overblijvende bestuurders coöpteren, eerstvolgende…”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft vennootschap, helft overdragende aandeelhouder of rechthebbenden, onderlinge overeenstemming, bij gebreke één deskundige aan te…”
Articles of association, deed of 08-07-2025 (in Dutch)
Network & group
Acquisitions and mergers
1 transactionReceived in a demerger part of:IT1 GROUP
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
VOKA-KAMER VAN KOOPHANDEL OOST-VLAANDEREN
Shared corporate director
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Timeline
Acts, filings and financial milestones
2026
13-07
abbreviated format · 18 days before the deadline
2025
08-07
Gazette deed
IncorporationDemerger: IT1 GROUP splits off to IT1 · Appointment: IT1 GROUP (director) · Permanent representative: VAN dE VOORDE Mario Alfonsine10 points ▸
Gazette deed
Incorporation
Demerger: IT1 GROUP splits off to IT1 · Appointment: IT1 GROUP (director) · Permanent representative: VAN dE VOORDE Mario Alfonsine10 points ▸
- Accounting effect, 01-01-2025
- Registered office clause, “9200 Dendermonde (Baasrode), Steenkaaistraat 14” (deed in Dutch)
- Other provision, “op heden, website en mailadres” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten zonder uitzondering door comparanten in naam en voor rekening van vennootschap in oprichtin…” (deed in Dutch)
- Board rule, 1
- Director appointment, IT1 GROUP (director (not named in the articles))
- Permanent representative, VAN dE VOORDE Mario Alfonsine
- Incorporation, “IT1” (deed in Dutch)
- Demerger, “partiële splitsing door oprichting, buitengewone algemene vergadering van aandeelhouders” (deed in Dutch)
- Founding capital
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordName
IT1 in Dutch
Enterprise number
1024.793.320
LEI code
6994002L6FXKZ0NXH149
live in the LEI register
Legal form
Private limited company
Status
Active, normale toestand
Founded
27-06-2025
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 08-07-2025 (in Dutch)Name clauseThe company operates under this name according to its articles.
IT1
deed of 08-07-2025 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 08-07-2025 (in Dutch)Registered office and establishments
Registered office
Steenkaaistraat (BAA) 14, 9200 Dendermonde, Belgium
Establishment units
IT1, Kerkstraat 108, 9050 Gent since 27-06-2025 · unit number 2.375.546.034
IT1, Steenkaaistraat (BAA) 14, 9200 Dendermonde since 27-06-2025 · unit number 2.375.546.1334649402 Wholesale of non-electrical household articles
Activities
NACEBEL 2025VAT activities
62200
Computer consultancy and computer facilities management main activity
47400
Retail sale of information and communication equipment
Social security (RSZ) activities
62100
Computer programming main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 08-07-2025 (in Dutch)
“De aankoop en verkoop in klein- en groothandel, het huren en verhuren, de huurkoop en leasing, de invoer en uitvoer, en het op de markt…”
12 activities
- De aankoop en verkoop in klein- en groothandel, het huren en verhuren, de huurkoop en leasing, de invoer en uitvoer, en het op de markt brengen van computer hard- en software, informatica en elektronisch materiaal en apparatuur, waaronder fotografie, video, telefonie- en multimediatoestellen en -materiaal, alsook bijhorende distributie en abonnementen, dit alles in de meest ruime betekenis en volgens de meest geavanceerde technologieën
- Het verlenen van alle onderhouds-, reparatie-, opleidings- en andere diensten in de ruime zin van het woord in verband met voormelde computer hardware en software, informatica- en elektronisch materiaal en apparatuur
- De aankoop en verkoop in klein- en groothandel, het huren en verhuren, de huurkoop en leasing, de invoer en uitvoer, en het op de markt brengen van bureelbenodigdheden in de ruimste zin van het woord
- De creatie, ontwikkeling, verbetering, herstelling, installatie, verkoop, distributie, commercialisering, beheer, algemene vertegenwoordiging van websites, logo's, grafisch materiaal, zowel hard- als software, of nog activiteiten van webdesign, webdevelopment, web- en serverhosting
- Advies- en/of dienstverlening aan bedrijven, privé-personen en instellingen in de ruimste zin van het woord, voornamelijk doch niet uitsluitend op het vlak van management, marketing, productie en ontwikkeling, processing en het besturen van vennootschappen, dit alles in de meest ruime betekenis
- Het geven van advies inzake organisatie en het beheer van ondernemingen
- Het organiseren van seminaries, events en trainingen
- Het beleggen, het intekenen op, vast overnemen, plaatsen, kopen, verkopen en verhandelen van aandelen, deelbewijzen, obligaties, inschrijvingsrechten, certificaten, schuldvorderingen, gelden en andere roerende waarden, uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van vennootschappen, administratiekantoren, instellingen en verenigingen al dan niet met een (semi)publiekrechtelijk statuut
- Het beheren van beleggingen en van participaties in dochtervennootschappen, het waarnemen van bestuurdersfuncties, directie, controle of vereffening, het verlenen van advies, management en andere diensten. Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan
- Het verstrekken van leningen en voorschotten onder eender welke vorm of duur, aan al dan niet verbonden ondernemingen, alsmede het waarborgen van verbintenissen van derden
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aan- en verkoop, de verbouwing, de binnenuisinrichting en decoratie, de huur en verhuur, de ruil, de verkaveling, en in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen en onroerende zakelijke rechten, met inbegrip van het geheel of gedeeltelijk ter beschikking stellen, al dan niet tegen betaling, van een onroerend goed aan haar bestuurders, bedrijfsleiders en werknemers in het kader van een verloningspolitiek
Invoicing and payment
VAT number
BE 1024.793.320
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the addresses
Ground area
7,308 m²
Building footprint
2,983 m²
Building volume
20,345 m³
Tallest building: 9.3 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42002C0436/00F002 | Flanders | 4,213 m² | 1 · 648 m² | 7.3 m · 2 |
| 44362B0014/00G002 | Flanders | 3,095 m² | 1 · 2,335 m² | 9.2 m · 2 |