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IT2BE

Active
Private limited company (pre-2019)founded 2012active for 14 yearsLeuvensebaan 45, 3110 Rotselaar, BelgiumKBO/BCE: BE 0849.567.768
Summary

For IT2BE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €115,237 and a net result of -€32,328. Equity is shrinking by about 4.2% per year across the filed financial years. Its solvency ranks better than 93% of 18,253 sector peers (NACE 62, financial year 2023). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 23 October 2026.

Equity
€115,237▼ 21.9%
2022 · €147,565
Total assets
€123,608▼ 18.2%
2022 · €151,162
Net result
-€32,328▼ 4.6%
2022 · -€30,915
Working capital
€113,881▼ 21.5%
2022 · €145,113
Trend over the years

2019 to 2023, 5 financial years 2018 to 2023, 6 financial years

The operating result stays negative: a loss of €31,415 in 2023 against €27,166 in 2022; the loss grows and 2023 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€31,415 2023 Net result-€32,328 2023

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020202120222023
Operating result€55,423-€51,880▼ 6.4%-€5,724-€1,163▲ 79.7%-€27,166▼ 2,235%-€31,415▼ 15.6%
Net result€37,410-€38,891▲ 4.0%-€6,134below the sector's middle half-€3,574below the sector's middle half▲ 41.7%-€30,915below the sector's middle half▼ 765%-€32,328below the sector's middle half▼ 4.6%
Equity€149,296-€188,187▲ 26.0%€182,053above the sector's middle half▼ 3.3%€178,479above the sector's middle half▼ 2.0%€147,565within the sector's middle half▼ 17.3%€115,237within the sector's middle half▼ 21.9%
Total assets€156,596-€197,146▲ 25.9%€187,437within the sector's middle half▼ 4.9%€182,201within the sector's middle half▼ 2.8%€151,162within the sector's middle half▼ 17.0%€123,608within the sector's middle half▼ 18.2%
Debt€7,300-€8,959▲ 22.7%€5,384▼ 39.9%€3,722▼ 30.9%€3,598▼ 3.3%€8,372▲ 133%
Working capital€147,909-€187,389▲ 26.7%€181,956above the sector's middle half▼ 2.9%€175,213above the sector's middle half▼ 3.7%€145,113above the sector's middle half▼ 17.2%€113,881within the sector's middle half▼ 21.5%
Solvency95.3%-95.5%▲ 0.1pp97.1%above the sector's middle half▲ 1.7pp98.0%above the sector's middle half▲ 0.8pp97.6%above the sector's middle half▼ 0.3pp93.2%above the sector's middle half▼ 4.4pp
Current ratio21.26-21.92▲ 0.6534.83above the sector's middle half▲ 12.9148.08above the sector's middle half▲ 13.2541.33above the sector's middle half▼ 6.7515.55above the sector's middle half▼ 25.79
Return on assets (ROA)23.9%-19.7%▼ 4.2pp-3.3%below the sector's middle half▼ 23.0pp-2.0%below the sector's middle half▲ 1.3pp-20.5%below the sector's middle half▼ 18.5pp-26.2%below the sector's middle half▼ 5.7pp
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €123,608
Fixed assets €1,900 ▼ 22.5%
Current assets €121,709 ▼ 18.2%
Equity and liabilities €123,608
Equity €115,237 ▼ 21.9%
Debt €8,372 ▲ 133%
Debt's share of the balance-sheet total rises from 2.4% to 6.8%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
-€30,468▼
2022 · -€26,351
Cash flow
-€31,381▼
2022 · -€30,100
Debt to equity
0.07▲
2022 · 0.02
ROE
-28.1%▼
2022 · -20.9%
Interest coverage
-23.37▼
2022 · -5.66
Debt ≤ 1 year
€7,828▲
2022 · €3,598
Income taxes
€303▼
2022 · €314
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 · 2023 against 2022 · 42 lines
Balance sheet Code20222023
Assets
Total assets20/58€151,162€123,608▼
Fixed assets21/28€2,451€1,900▼
Tangible fixed assets22/27€2,451€1,900▼
Plant, machinery and equipment23-€263
Furniture and vehicles24€2,451€1,636▼
Current assets29/58€148,711€121,709▼
Amounts receivable within one year40/41€10,951€12,058▲
Trade receivables40€8,208€8,609▲
Other amounts receivable41€2,743€3,449▲
Current investments50/53€47,350€47,350=
Cash at bank and in hand54/58€88,983€62,279▼
Deferred charges and accrued income490/1€1,428€23▼
Equity and liabilities
Total equity and liabilities10/49€151,162€123,608▼
Equity10/15€147,565€115,237▼
Contributions10/11€7,700€7,700=
Reserves13€180,487€180,487=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€178,627€178,627=
Profit (loss) carried forward14-€40,622-€72,950▼
Amounts payable17/49€3,598€8,372▲
Amounts payable within one year42/48€3,598€7,828▲
Trade debts44€2,970€6,873▲
Suppliers440/4€2,970€6,873▲
Taxes, remuneration and social security45€628€955▲
Taxes450/3€328€655▲
Remuneration and social security454/9€300€300=
Accrued charges and deferred income492/3-€544
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€815€947▲
Other operating charges640/8€529€628▲
Gross operating margin9900-€25,822-€29,840▼
Operating profit (loss)9901-€27,166-€31,415▼
Financial income75/76B€1,219€694▼
Recurring financial income75€1,219€694▼
Financial charges65/66B€4,654€1,304▼
Recurring financial charges65€4,654€1,304▼
Profit (loss) for the period before taxes9903-€30,601-€32,025▼
Income taxes67/77€314€303▼
Profit (loss) for the period9904-€30,915-€32,328▼
Profit (loss) for the period to be appropriated9905-€30,915-€32,328▼
Appropriation of the result
Profit (loss) to be appropriated9906-€40,622-€72,950▼
Profit (loss) brought forward from the previous period14P-€9,708-€40,622▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€969€893€697€910€815€947▲ 16.2%
Other operating charges640/8---€924€529€628▲ 18.8%
Gross operating margin9900€57,834€53,615-€4,565€671-€25,822-€29,840▼ 15.6%
Operating profit (loss)9901€55,423€51,880-€5,724-€1,163-€27,166-€31,415▼ 15.6%
Financial income75/76B---€417€1,219€694▼ 43.1%
Recurring financial income75€452€817€1,367€417€1,219€694▼ 43.1%
Financial charges65/66B---€2,573€4,654€1,304▼ 72.0%
Recurring financial charges65€2,754-€1,230€1,503€2,573€4,654€1,304▼ 72.0%
Profit (loss) for the period before taxes9903€53,121€53,927-€5,860-€3,319-€30,601-€32,025▼ 4.7%
Income taxes67/77€15,711€15,036€274€255€314€303▼ 3.4%
Profit (loss) for the period9904€37,410€38,891-€6,134-€3,574-€30,915-€32,328▼ 4.6%
Profit (loss) for the period to be appropriated9905€37,410€38,891-€6,134-€3,574-€30,915-€32,328▼ 4.6%
Line201820192020202120222023Change
Assets
Total assets20/58€156,596€197,146€187,437€182,201€151,162€123,608▼ 18.2%
Fixed assets21/28€1,388€798€101€3,266€2,451€1,900▼ 22.5%
Tangible fixed assets22/27€1,388€798€101€3,266€2,451€1,900▼ 22.5%
Plant, machinery and equipment23-----€263-
Furniture and vehicles24---€3,266€2,451€1,636▼ 33.2%
Current assets29/58€155,209€196,348€187,335€178,935€148,711€121,709▼ 18.2%
Amounts receivable within one year40/41€38,073€59,292€42,809€6,510€10,951€12,058▲ 10.1%
Trade receivables40---€2,149€8,208€8,609▲ 4.9%
Other amounts receivable41---€4,361€2,743€3,449▲ 25.7%
Current investments50/53€23,353€25,098€48,017€49,963€47,350€47,350=
Cash at bank and in hand54/58€91,774€102,217€94,297€120,759€88,983€62,279▼ 30.0%
Deferred charges and accrued income490/1---€1,703€1,428€23▼ 98.4%
Equity and liabilities
Total equity and liabilities10/49€156,596€197,146€187,437€182,201€151,162€123,608▼ 18.2%
Equity10/15€149,296€188,187€182,053€178,479€147,565€115,237▼ 21.9%
Contributions10/11€7,700€7,700-€7,700€7,700€7,700=
Reserves13€141,596€180,487€180,487€180,487€180,487€180,487=
Non-distributable reserves130/1---€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860=
Distributable reserves133---€178,627€178,627€178,627=
Profit (loss) carried forward14---€6,134-€9,708-€40,622-€72,950▼ 79.6%
Amounts payable17/49€7,300€8,959€5,384€3,722€3,598€8,372▲ 133%
Amounts payable within one year42/48€7,300€8,959€5,379€3,722€3,598€7,828▲ 118%
Trade debts44€6,356€5,964€2,729€3,722€2,970€6,873▲ 131%
Suppliers440/4---€3,722€2,970€6,873▲ 131%
Taxes, remuneration and social security45----€628€955▲ 52.0%
Taxes450/3----€328€655▲ 99.5%
Remuneration and social security454/9----€300€300=
Accrued charges and deferred income492/3-----€544-
Line201820192020202120222023Change
Profit (loss) for the period9904€37,410€38,891-€6,134-€3,574-€30,915-€32,328▼ 4.6%
+ Depreciation and write-downs630€969€893€697€910€815€947▲ 16.2%
Operating cash flow (approximation)€38,378€39,784-€5,437-€2,664-€30,100-€31,381▼ 4.3%
Investment in fixed assets (approximation)--€303€0-€4,074€0-€395-
Change in cash-€10,443-€7,920€26,463-€31,776-€26,705▲ 16.0%

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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Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference
31-12-2023 micro format 30-07-2024 2024-00302629
31-12-2022 micro format 13-10-2023 2023-00488509
31-12-2021 micro format 31-08-2022 2022-20386673
31-12-2020 micro format 30-09-2021 2021-70700513
31-12-2019 micro format 09-10-2020 2020-60900466
31-12-2018 micro format 29-08-2019 2019-55000515
31-12-2017 micro format 29-08-2018 2018-51600205
31-12-2016 micro format 14-07-2017 2017-31300378
31-12-2015 abbreviated format 23-08-2016 2016-46100145
31-12-2014 abbreviated format 24-07-2015 2015-34000545

Show all 11 filings

Similar companies · same sector, comparable size

Of the 29,864 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,795. 15,813 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.