IT1 Group
ActiveIT1 Group has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.34M and a net result of €128k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 62% of 1402 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+9
Solvency76▲+13
Growth35▼-41
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity short (current ratio 0.89 against 1.25 in 2024; short-term debt: 45.7% and cash: 11.3% of total assets), and 48.8% 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 · 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
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
51.2%
Return on assets
4.9%
Age of the figures
9 mo
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 · 10 filingsDeviation from the deadline
2025
18 d early
2024
37 d early
2023
41 d early
2022
18 d early
2021
19 d early
2020
51 d early
2019
31 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€1.79M▼ 87.4%
2024 · €14.28M
2019: €7.98M
2020: €8.98M
2022: €10.12M
2023: €14.34M
2024: €14.28M
2019 → 2025
EBIT margin
8.3%▲ 3.0pp
2024 · 5.3%
2019: 9.3%
2020: 8.4%
2022: 4.0%
2023: 4.0%
2024: 5.3%
2019 → 2025
Net result
€128k▼ 76.3%
2024 · €542k
2018: €446k
2019: €481k
2020: €510k
2021: €435k
2022: €278k
2023: €378k
2024: €542k
2018 → 2025
Working capital
€-126k
2024 · €975k
2018: €754k
2019: €1.15M
2020: €1.20M
2021: €967k
2022: €1.28M
2023: €1.06M
2024: €975k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€10.12M€14.34M▲ 41.7%€14.28M▼ 0.4%€1.79M▼ 87.4%
Equity€2.32M-€2.54M▲ 9.6%€2.68M▲ 5.5%€2.78M▲ 3.6%€1.34M▼ 51.9%
Operating result€625k-€404k▼ 35.4%€580k▲ 43.6%€764k▲ 31.8%€149k▼ 80.5%
Net result€435k-€278k▼ 36.1%€378k▲ 36.1%€542k▲ 43.3%€128k▼ 76.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 80% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.61M
Fixed assets
€1.54M▼ 36.7%
Current assets
€1.07M▼ 78.3%
Equity and liabilities €2.61M
Equity
€1.34M▼ 51.9%
Debt
€1.27M▼ 72.1%
The debt ratio falls from 62.2% to 48.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€318k▼
2024 · €1.27M
Cash flow
€297k▼
2024 · €1.05M
Solvency
51.2%▲
2024 · 37.8%
Current ratio
0.89▼
2024 · 1.25
Quick ratio
0.89▼
2024 · 1.17
Debt / equity
0.95▼
2024 · 1.64
ROE
9.6%▼
2024 · 19.5%
ROA
4.9%▼
2024 · 7.4%
Interest coverage
21.16▼
2024 · 37.71
Debt
€1.27M▼
2024 · €4.57M
Debt ≤ 1 year
€1.19M▼
2024 · €3.93M
Debt > 1 year
€24k▼
2024 · €563k
Income taxes
€40k▼
2024 · €225k
Staff costs
€818k▼
2024 · €2.50M
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€7.34M€2.61M▼
Fixed assets21/28€2.44M€1.54M▼
Intangible fixed assets21€754k€188k▼
Tangible fixed assets22/27€1.59M€1.23M▼
Land and buildings22€872k€832k▼
Plant, machinery and equipment23€644k€325k▼
Furniture and vehicles24€74k€65k▼
Other tangible fixed assets26€5k€5k▼
Financial fixed assets28€92k€129k▲
Companies linked by participating interests282/3€13k€0▼
Participating interests282€13k€0▼
Other financial fixed assets284/8€80k€129k▲
Shares284-€125k
Amounts receivable and cash guarantees285/8€80k€4k▼
Current assets29/58€4.90M€1.07M▼
Stocks and contracts in progress3€327k€0▼
Stocks30/36€327k€0▼
Goods purchased for resale34€327k€0▼
Amounts receivable within one year40/41€1.89M€485k▼
Trade receivables40€1.89M€475k▼
Other amounts receivable41-€10k
Current investments50/53€539k€276k▼
Other investments51/53€539k€276k▼
Cash at bank and in hand54/58€2.05M€294k▼
Deferred charges and accrued income490/1€99k€10k▼
Equity and liabilities
Total equity and liabilities10/49€7.34M€2.61M▼
Equity10/15€2.78M€1.34M▼
Contributions10/11€69k€36k▼
Reserves13€2.17M€886k▼
Non-distributable reserves130/1€7k€4k▼
Reserves not available under the articles1311€7k€4k▼
Tax-exempt reserves132€75k€40k▼
Distributable reserves133€2.08M€843k▼
Profit (loss) carried forward14€542k€413k▼
Amounts payable17/49€4.57M€1.27M▼
Amounts payable after more than one year17€563k€24k▼
Financial debts170/4€563k€24k▼
Credit institutions173€563k€24k▼
Amounts payable within one year42/48€3.93M€1.19M▼
Current portion of amounts payable after more than one year42€311k€74k▼
Trade debts44€2.22M€65k▼
Suppliers440/4€2.22M€65k▼
Advances received on contracts in progress46€555k€17k▼
Taxes, remuneration and social security45€837k€249k▼
Taxes450/3€405k€126k▼
Remuneration and social security454/9€432k€123k▼
Other amounts payable47/48-€787k
Accrued charges and deferred income492/3€76k€59k▼
Income statement
Code20242025
Operating income70/76A€14.38M€2.26M▼
Turnover70€14.28M€1.79M▼
Own construction capitalised72-€144k
Other operating income74€98k€306k▲
Non-recurring operating income76A€7k€16k▲
Operating charges60/66A€13.62M€2.11M▼
Goods for resale, raw materials and consumables60€9.48M€208k▼
Purchases600/8€9.39M€208k▼
Change in stocks: decrease (increase)609€94k€0▼
Services and other goods61€1.11M€902k▼
Remuneration, social security and pensions62€2.50M€818k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€507k€169k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€0▼
Other operating charges640/8€21k€13k▼
Non-recurring operating charges66A€0-
Operating profit (loss)9901€764k€149k▼
Financial income75/76B€41k€35k▼
Recurring financial income75€41k€35k▼
Income from financial fixed assets750€8k€0▼
Income from current assets751€18k€9k▼
Other financial income752/9€14k€27k▲
Financial charges65/66B€38k€16k▼
Recurring financial charges65€38k€16k▼
Debt charges650€34k€15k▼
Other financial charges652/9€4k€599▼
Non-recurring financial charges66B€186€0▼
Profit (loss) for the period before taxes9903€767k€169k▼
Income taxes67/77€225k€40k▼
Taxes670/3€225k€40k▼
Tax adjustments and reversals of tax provisions77€19€0▼
Profit (loss) for the period9904€542k€128k▼
Profit (loss) for the period to be appropriated9905€542k€128k▼
Appropriation of the result
Profit (loss) to be appropriated9906€542k€413k▼
Profit (loss) brought forward from the previous period14P-€285k
Transfer from equity791/2€446k€253k▼
From reserves792€446k€253k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€446k€253k▼
Return on contributions (dividend)694€446k€253k▼
Social balance
Average headcount (FTE)908737.826.1▼
The notes to these accounts (91 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €128k ▼76.3%
Net result drops to €128k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €542k ▲43.3%
Operating result €764k, net result €542k, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €2MEq €2.14M ▲22.5%
3 profitable years in a row build equity to €2.14M.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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 1995
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.
Steenkaaistraat (BAA) 149200 DendermondeGround area
4,213 m²
Building footprint
648 m²
Volume, LiDAR
3,249 m³
Parcel 42002C0436/00F002, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IT1 GROUP
since 19952.070.866.757
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42002C0436/00F002 | Flanders | 4,213 m² | 1 · 648 m² | 7.3 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 2,273 EUR awarded · 2,273 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 107 EUR | 107 EUR |
| 2024 | 1 | 1,190 EUR | 1,190 EUR |
| 2022 | 1 | 976 EUR | 976 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Quality registration as a provider
1 live approvalQuality registration as a provider
Dual-learning approval
1 endedLegal Entity Identifier
549300COLCKZX8J73X80
Similar companies · same sector, comparable size
IT IS BEAUTIFUL
BE 0809.153.214
Watermaal-Bosvoorde · Eq €1.34M
MAJOR SOLUTIONS
BE 0478.469.920
Bierbeek · Eq €1.34M
MARMOQUIST
BE 0824.052.414
Brussel · Eq €1.33M
Phanes
BE 0836.535.621
Kontich · Eq €1.34M
Leplae Consultants
BE 0879.594.515
Hooglede · Eq €1.34M
Of 29,995 companies in sector 62200 we hold annual accounts for 18,391. 6,922 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-1995
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
72100
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.