IT2
ActiveSummary
IT2 has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €-18k. Equity is growing by ~40.6% per year across the filed fiscal years. Its solvency ranks better than 90% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-32
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 5.0 against 10.63 in 2024; short-term debt: 16.5% and cash: 4.2% of total assets), and 16.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
83.5%
Return on assets
-35.4%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-18k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-02-2026, 11 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 · 8 filingsDeviation from the deadline
2025
11 d late
2024
3 d late
2023
58 d early
2022
33 d early
2021
on the day
2020
18 d late
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▼ 29.8%
2024 · €62k
2019: €7klowest in 7 years
2020: €11k▲ +45.0% vs 2019
2021: €33k▲ +210% vs 2020
2022: €34k▲ +3.7% vs 2021
2023: €65k▲ +90.6% vs 2022highest in 7 years
2024: €62k▼ -5.9% vs 2023
2025: €43k▼ -29.8% vs 2024
2019 → 2025
Total assets
€52k▼ 22.6%
2024 · €67k
2019: €56k
2020: €33k▼ -41.2% vs 2019lowest in 7 years
2021: €72k▲ +120% vs 2020
2022: €56k▼ -22.6% vs 2021
2023: €99k▲ +76.8% vs 2022highest in 7 years
2024: €67k▼ -32.7% vs 2023
2025: €52k▼ -22.6% vs 2024
2019 → 2025
Net result
€-18k▼ 374%
2024 · €-4k
2019: €1k
2020: €3k▲ +213% vs 2019
2021: €22k▲ +575% vs 2020
2022: €1k▼ -94.5% vs 2021
2023: €31k▲ +2435% vs 2022highest in 7 years
2024: €-4k▼ -112% vs 2023
2025: €-18k▼ -374% vs 2024lowest in 7 years
2019 → 2025
Working capital
€34k▼ 33.2%
2024 · €51k
2019: €2klowest in 7 years
2020: €6k▲ +294% vs 2019
2021: €23k▲ +287% vs 2020
2022: €27k▲ +15.0% vs 2021
2023: €53k▲ +97.6% vs 2022highest in 7 years
2024: €51k▼ -3.3% vs 2023
2025: €34k▼ -33.2% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€34k▲ 3.7%€65k▲ 90.6%€62k▼ 5.9%€43k▼ 29.8%
2021: €33klowest in 5 years
2022: €34k▲ +3.7% vs 2021
2023: €65k▲ +90.6% vs 2022highest in 5 years
2024: €62k▼ -5.9% vs 2023
2025: €43k▼ -29.8% vs 2024
Operating result€35k-€13k▼ 62.6%€45k▲ 247%€-8€-17k▼ 219,436%
2021: €35k
2022: €13k▼ -62.6% vs 2021
2023: €45k▲ +247% vs 2022highest in 5 years
2024: €-8▼ -100% vs 2023
2025: €-17k▼ -219436% vs 2024lowest in 5 years
Net result€22k-€1k▼ 94.5%€31k▲ 2,435%€-4k€-18k▼ 374%
2021: €22k
2022: €1k▼ -94.5% vs 2021
2023: €31k▲ +2435% vs 2022highest in 5 years
2024: €-4k▼ -112% vs 2023
2025: €-18k▼ -374% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2025 against €8 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52k
Fixed assets
€9k ▼ 13.5%
Current assets
€43k ▼ 24.3%
Equity and liabilities €52k
Equity
€43k ▼ 29.8%
Debt
€9k ▲ 61.1%
Debt's share of the balance-sheet total rises from 7.9% to 16.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-13k▼
2024 · €4k
Cash flow
€-14k▼
2024 · €-13
Current ratio
5.00▼
2024 · 10.63
Debt to equity
0.20▲
2024 · 0.09
ROE
-42.4%▼
2024 · -6.3%
ROA
-35.4%▼
2024 · -5.8%
Interest coverage
-4.26▼
2024 · 2.49
Debt ≤ 1 year
€9k▲
2024 · €5k
Income taxes
€-1k▼
2024 · €4k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€67k€52k▼
Fixed assets21/28€11k€9k▼
Tangible fixed assets22/27€11k€9k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€3k€5k▲
Financial fixed assets28€25€25=
Current assets29/58€56k€43k▼
Amounts receivable within one year40/41€37k€36k▼
Other amounts receivable41€37k€36k▼
Current investments50/53€4k€4k=
Cash at bank and in hand54/58€12k€2k▼
Deferred charges and accrued income490/1€3k€786▼
Equity and liabilities
Total equity and liabilities10/49€67k€52k▼
Equity10/15€62k€43k▼
Contributions10/11€6k€6k=
Reserves13€57k€57k=
Non-distributable reserves130/1€80€80=
Reserves not available under the articles1311€80€80=
Tax-exempt reserves132€3k€3k=
Distributable reserves133€54k€54k=
Profit (loss) carried forward14€-1k€-20k▼
Amounts payable17/49€5k€9k▲
Amounts payable within one year42/48€5k€9k▲
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€3k€196▼
Remuneration and social security454/9€1k€2k▲
Other amounts payable47/48-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Other operating charges640/8€2k€233▼
Gross operating margin9900€6k€-13k▼
Operating profit (loss)9901€-8€-17k▼
Financial income75/76B€2k€990▼
Recurring financial income75€2k€990▼
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€68€-19k▼
Income taxes67/77€4k€-1k▼
Profit (loss) for the period9904€-4k€-18k▼
Profit (loss) for the period to be appropriated9905€-4k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-20k▼
Profit (loss) brought forward from the previous period14P€3k€-1k▼
The notes to these accounts (6 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €6k | €3k | €4k | €5k | ▲ 21.4% |
| Other operating charges640/8 | - | €805 | €801 | €2k | €233 | ▼ 86.9% |
| Gross operating margin9900 | €47k | €20k | €49k | €6k | €-13k | ▼ 322% |
| Operating profit (loss)9901 | €35k | €13k | €45k | €-8 | €-17k | ▼ 219,436% |
| Financial income75/76B | - | €0 | €2k | €2k | €990 | ▼ 38.9% |
| Recurring financial income75 | €8 | €0 | €2k | €2k | €990 | ▼ 38.9% |
| Financial charges65/66B | - | €99 | €2k | €2k | €3k | ▲ 93.6% |
| Recurring financial charges65 | €189 | €99 | €2k | €2k | €3k | ▲ 93.6% |
| Profit (loss) for the period before taxes9903 | €34k | €13k | €44k | €68 | €-19k | ▼ 28,790% |
| Income taxes67/77 | €12k | €12k | €13k | €4k | €-1k | ▼ 128% |
| Profit (loss) for the period9904 | €22k | €1k | €31k | €-4k | €-18k | ▼ 374% |
| Profit (loss) for the period to be appropriated9905 | €22k | €1k | €31k | €-4k | €-18k | ▼ 374% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €72k | €56k | €99k | €67k | €52k | ▼ 22.6% |
| Fixed assets21/28 | €13k | €10k | €13k | €11k | €9k | ▼ 13.5% |
| Tangible fixed assets22/27 | €12k | €10k | €13k | €11k | €9k | ▼ 13.5% |
| Plant, machinery and equipment23 | - | €6k | €9k | €8k | €5k | ▼ 39.7% |
| Furniture and vehicles24 | - | €4k | €4k | €3k | €5k | ▲ 54.9% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €60k | €46k | €86k | €56k | €43k | ▼ 24.3% |
| Amounts receivable within one year40/41 | €44k | €39k | €77k | €37k | €36k | ▼ 4.9% |
| Trade receivables40 | - | €0 | - | - | - | - |
| Other amounts receivable41 | - | €39k | €77k | €37k | €36k | ▼ 4.9% |
| Current investments50/53 | - | €4k | €4k | €4k | €4k | = |
| Cash at bank and in hand54/58 | €16k | €3k | €6k | €12k | €2k | ▼ 81.8% |
| Deferred charges and accrued income490/1 | - | - | - | €3k | €786 | ▼ 73.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €72k | €56k | €99k | €67k | €52k | ▼ 22.6% |
| Equity10/15 | €33k | €34k | €65k | €62k | €43k | ▼ 29.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €26k | €26k | €57k | €57k | €57k | = |
| Non-distributable reserves130/1 | - | €80 | €80 | €80 | €80 | = |
| Reserves not available under the articles1311 | - | €80 | €80 | €80 | €80 | = |
| Tax-exempt reserves132 | - | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | - | €23k | €54k | €54k | €54k | = |
| Profit (loss) carried forward14 | €786 | €2k | €3k | €-1k | €-20k | ▼ 1,437% |
| Amounts payable17/49 | €39k | €22k | €34k | €5k | €9k | ▲ 61.1% |
| Amounts payable after more than one year17 | €3k | €3k | €0 | - | - | - |
| Financial debts170/4 | - | €3k | €0 | - | - | - |
| Amounts payable within one year42/48 | €37k | €19k | €34k | €5k | €9k | ▲ 61.1% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | - | - |
| Trade debts44 | €14k | €13k | €18k | €1k | €4k | ▲ 247% |
| Suppliers440/4 | - | €13k | €18k | €1k | €4k | ▲ 247% |
| Taxes, remuneration and social security45 | - | €3k | €16k | €4k | €2k | ▼ 53.3% |
| Taxes450/3 | - | €3k | €16k | €3k | €196 | ▼ 92.6% |
| Remuneration and social security454/9 | - | - | - | €1k | €2k | ▲ 21.4% |
| Other amounts payable47/48 | - | €4k | €0 | - | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €1k | €31k | €-4k | €-18k | ▼ 374% |
| + Depreciation and write-downs630 | €11k | €6k | €3k | €4k | €5k | ▲ 21.4% |
| Operating cash flow (approximation) | €34k | €8k | €34k | €-13 | €-14k | ▼ 105,171% |
| Investment in fixed assets (approximation) | - | €-4k | €-6k | €-2k | €-3k | ▼ 86.4% |
| Change in cash | - | €-13k | €3k | €6k | €-10k | ▼ 266% |
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
11-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
30-06
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Liquidity quadruplescurrent ratio 10.63
Current ratio from 2.56 to 10.63; short-term debt falls from €34k to €5k.
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2019net €31k ▲2,435%
Operating result €45k, net result €31k, both a record.
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2019
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro 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, Putte · 1 establishment unit since 2016
Ground area
432 m²
Building footprint
236 m²
Volume, LiDAR
897 m³
Parcel 12001C0071/00F000, Flanders · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
IT2
since 20162.261.894.005
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12001C0071/00F000 | Flanders | 432 m² | 1 · 236 m² | 6.5 m · 1 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.
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Of 2,607 companies in sector 47551 we hold annual accounts for 1,716. 1,152 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 (pre-2019)
Founded02-12-2016
Fiscal year end30-06
Activities, NACEBEL 2025
47551Retail sale of household furniture
Scores and ratios are computed by Checked and are not a credit decision.