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IT2ServU

Active
Private limited companyfounded 2006active for 20 yearsAndré Emondstraat 20, 3012 Leuven, BelgiumKBO/BCE: BE 0882.396.825
Summary

IT2ServU has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €131,011 and a net result of €18,580. Equity is growing by about 8.4% per year across the filed financial years. Its solvency ranks better than 32% of 467 sector peers (NACE 62, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2026, micro format

Turnover
≈ €110,000
Estimated: probably between €95,000 and €140,000
Total assets
€310,076▲ 4.1%
2025 · €297,741
Net result
€18,580▲ 39.9%
2025 · €13,277
Working capital
-€2,551▲ 27.7%
2025 · -€3,527
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

After the dip in 2023 the operating result has climbed three years in a row; 2026 is 30% above 2025.

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

Operating result€32,251 2026 Net result€18,580 2026

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
Line20192020202120222023202420252026
Operating result€39,547-€54,937▲ 38.9%€21,699▼ 60.5%€36,447▲ 68.0%-€4,907€20,153€24,832▲ 23.2%€32,251▲ 29.9%
Net result€31,903-€37,563▲ 17.7%€13,608within the sector's middle half▼ 63.8%€21,263within the sector's middle half▲ 56.3%-€9,038below the sector's middle half€10,853within the sector's middle half€13,277within the sector's middle half▲ 22.3%€18,580▲ 39.9%
Equity€41,863-€79,426▲ 89.7%€93,034within the sector's middle half▲ 17.1%€114,297within the sector's middle half▲ 22.9%€105,259within the sector's middle half▼ 7.9%€99,153within the sector's middle half▼ 5.8%€112,430within the sector's middle half▲ 13.4%€131,011▲ 16.5%
Total assets€323,532-€343,721▲ 6.2%€349,997above the sector's middle half▲ 1.8%€351,867above the sector's middle half▲ 0.5%€305,700above the sector's middle half▼ 13.1%€330,101above the sector's middle half▲ 8.0%€297,741above the sector's middle half▼ 9.8%€310,076▲ 4.1%
Debt€281,669-€264,295▼ 6.2%€256,963▼ 2.8%€237,570▼ 7.5%€200,441▼ 15.6%€230,947▲ 15.2%€185,311▼ 19.8%€179,066▼ 3.4%
Working capital-€13,480-€14,933€14,900within the sector's middle half▼ 0.2%€28,583within the sector's middle half▲ 91.8%€12,966within the sector's middle half▼ 54.6%-€6,586below the sector's middle half-€3,527below the sector's middle half▲ 46.4%-€2,551▲ 27.7%
Solvency12.9%-23.1%▲ 10.2pp26.6%below the sector's middle half▲ 3.5pp32.5%below the sector's middle half▲ 5.9pp34.4%within the sector's middle half▲ 1.9pp30.0%below the sector's middle half▼ 4.4pp37.8%within the sector's middle half▲ 7.7pp42.3%▲ 4.5pp
Current ratio0.71-1.31▲ 0.601.33below the sector's middle half▲ 0.011.54within the sector's middle half▲ 0.211.31below the sector's middle half▼ 0.230.90below the sector's middle half▼ 0.410.93below the sector's middle half▲ 0.030.97▲ 0.04
Return on assets (ROA)9.9%-10.9%▲ 1.1pp3.9%within the sector's middle half▼ 7.0pp6.0%within the sector's middle half▲ 2.2pp-3.0%below the sector's middle half▼ 9.0pp3.3%below the sector's middle half▲ 6.2pp4.5%below the sector's middle half▲ 1.2pp6.0%▲ 1.5pp
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. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €310,076
Fixed assets €238,164 ▼ 4.9%
Current assets €71,912 ▲ 52.4%
Equity and liabilities €310,076
Equity €131,011 ▲ 16.5%
Debt €179,066 ▼ 3.4%
Debt's share of the balance-sheet total falls from 62.2% to 57.7%. Equity is higher and debt is lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€54,745▲
2025 · €47,504
Cash flow
€41,074▲
2025 · €35,949
Debt to equity
1.37▼
2025 · 1.65
ROE
14.2%▲
2025 · 11.8%
Interest coverage
12.20▲
2025 · 9.46
Debt ≤ 1 year
€74,463▲
2025 · €50,702
Debt > 1 year
€104,603▼
2025 · €134,311
Income taxes
€9,185▲
2025 · €6,535
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 31,368 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 52 lines
Balance sheet Code20252026
Assets
Total assets20/58€297,741€310,076▲
Fixed assets21/28€250,566€238,164▼
Tangible fixed assets22/27€247,373€230,184▼
Land and buildings22€203,796€198,157▼
Plant, machinery and equipment23€12,135€9,380▼
Furniture and vehicles24€31,442€22,647▼
Financial fixed assets28€3,192€7,981▲
Current assets29/58€47,175€71,912▲
Amounts receivable within one year40/41€20,419€16,823▼
Trade receivables40€20,385€16,789▼
Other amounts receivable41€34€34=
Cash at bank and in hand54/58€26,392€53,716▲
Deferred charges and accrued income490/1€365€1,373▲
Equity and liabilities
Total equity and liabilities10/49€297,741€310,076▲
Equity10/15€112,430€131,011▲
Contributions10/11€6,200€6,200=
Reserves13€106,230€124,811▲
Distributable reserves133€106,230€124,811▲
Profit (loss) carried forward14€0-
Amounts payable17/49€185,311€179,066▼
Amounts payable after more than one year17€134,311€104,603▼
Financial debts170/4€134,311€104,603▼
Amounts payable within one year42/48€50,702€74,463▲
Current portion of amounts payable after more than one year42€28,947€29,708▲
Trade debts44€1,891€5,702▲
Suppliers440/4€1,891€5,702▲
Taxes, remuneration and social security45€11,995€16,325▲
Taxes450/3€11,995€13,725▲
Remuneration and social security454/9-€2,600
Other amounts payable47/48€7,869€22,727▲
Accrued charges and deferred income492/3€297€0▼
Income statement Code20252026
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,672€22,494▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€990€980▼
Gross operating margin9900€48,494€55,725▲
Operating profit (loss)9901€24,832€32,251▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€5,021€4,486▼
Recurring financial charges65€5,021€4,486▼
Profit (loss) for the period before taxes9903€19,812€27,766▲
Income taxes67/77€6,535€9,185▲
Profit (loss) for the period9904€13,277€18,580▲
Profit (loss) for the period to be appropriated9905€13,277€18,580▲
Appropriation of the result
Profit (loss) to be appropriated9906€13,277€18,580▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€0-
Transfer to equity691/2€13,277€18,580▲
To other reserves6921€13,277€18,580▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023202420252026Change
Non-recurring operating income76A-----€446€0--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,212€16,281€18,952€22,247€18,893€17,189€22,672€22,494▼ 0.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-----€1,119€0--
Other operating charges640/8--€726€611€749€871€990€980▼ 0.9%
Non-recurring operating charges66A--€158------
Gross operating margin9900€58,821€72,624€41,535€59,304€14,735€39,332€48,494€55,725▲ 14.9%
Operating profit (loss)9901€39,547€54,937€21,699€36,447-€4,907€20,153€24,832€32,251▲ 29.9%
Financial income75/76B--€3,306€65€0€208€0--
Recurring financial income75€298-€0€65€0€208€0--
Non-recurring financial income76B--€3,306------
Financial charges65/66B--€5,273€5,148€4,131€5,110€5,021€4,486▼ 10.7%
Recurring financial charges65€7,782€5,822€5,273€5,148€4,131€5,110€5,021€4,486▼ 10.7%
Profit (loss) for the period before taxes9903€32,063€49,115€19,732€31,363-€9,038€15,251€19,812€27,766▲ 40.1%
Income taxes67/77€160€11,552€6,124€10,100-€4,398€6,535€9,185▲ 40.6%
Profit (loss) for the period9904€31,903€37,563€13,608€21,263-€9,038€10,853€13,277€18,580▲ 39.9%
Profit (loss) for the period to be appropriated9905€31,903€37,563€13,608€21,263-€9,038€10,853€13,277€18,580▲ 39.9%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€323,532€343,721€349,997€351,867€305,700€330,101€297,741€310,076▲ 4.1%
Fixed assets21/28€290,056€280,890€289,318€270,361€251,468€268,996€250,566€238,164▼ 4.9%
Tangible fixed assets22/27€290,056€280,890€289,318€270,361€251,468€268,996€247,373€230,184▼ 6.9%
Land and buildings22--€235,586€228,181€219,198€213,094€203,796€198,157▼ 2.8%
Plant, machinery and equipment23--€30,876€24,202€19,169€15,461€12,135€9,380▼ 22.7%
Furniture and vehicles24--€22,856€17,978€13,100€40,441€31,442€22,647▼ 28.0%
Financial fixed assets28------€3,192€7,981▲ 150%
Current assets29/58€33,476€62,831€60,679€81,507€54,232€61,104€47,175€71,912▲ 52.4%
Amounts receivable after more than one year29----€12,900€0---
Other amounts receivable291----€12,900€0---
Amounts receivable within one year40/41€26,406€48,825€22,626€19,985€23,699€32,836€20,419€16,823▼ 17.6%
Trade receivables40--€22,587€19,985€14,854€23,354€20,385€16,789▼ 17.6%
Other amounts receivable41--€38-€8,846€9,482€34€34=
Cash at bank and in hand54/58€5,983€13,474€38,054€45,226€17,127€28,042€26,392€53,716▲ 104%
Deferred charges and accrued income490/1---€16,296€506€225€365€1,373▲ 276%
Equity and liabilities
Total equity and liabilities10/49€323,532€343,721€349,997€351,867€305,700€330,101€297,741€310,076▲ 4.1%
Equity10/15€41,863€79,426€93,034€114,297€105,259€99,153€112,430€131,011▲ 16.5%
Contributions10/11€6,200-€6,200€6,200€6,200€6,200€6,200€6,200=
Reserves13€35,663€73,226€86,834€108,097€108,097€92,953€106,230€124,811▲ 17.5%
Non-distributable reserves130/1--€1,860€1,860€1,860€0---
Reserves not available under the articles1311--€1,860€1,860€1,860€0---
Distributable reserves133--€84,974€106,237€106,237€92,953€106,230€124,811▲ 17.5%
Profit (loss) carried forward14-----€9,038€0€0--
Amounts payable17/49€281,669€264,295€256,963€237,570€200,441€230,947€185,311€179,066▼ 3.4%
Amounts payable after more than one year17€234,713€216,397€210,792€184,647€159,175€163,258€134,311€104,603▼ 22.1%
Financial debts170/4--€210,792€184,647€159,175€163,258€134,311€104,603▼ 22.1%
Amounts payable within one year42/48€46,956€47,898€45,779€52,923€41,267€67,690€50,702€74,463▲ 46.9%
Current portion of amounts payable after more than one year42--€25,613€26,145€25,083€28,206€28,947€29,708▲ 2.6%
Trade debts44€3,475€338€2,173€1,672€1,528€5,986€1,891€5,702▲ 201%
Suppliers440/4--€2,173€1,672€1,528€5,986€1,891€5,702▲ 201%
Taxes, remuneration and social security45--€15,869€21,985€14,656€11,202€11,995€16,325▲ 36.1%
Taxes450/3--€13,469€19,585€12,056€11,202€11,995€13,725▲ 14.4%
Remuneration and social security454/9--€2,400€2,400€2,600€0-€2,600-
Other amounts payable47/48--€2,123€3,121-€22,295€7,869€22,727▲ 189%
Accrued charges and deferred income492/3--€392---€297€0▼ 100%
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€31,903€37,563€13,608€21,263-€9,038€10,853€13,277€18,580▲ 39.9%
+ Depreciation and write-downs630€16,212€16,281€18,952€22,247€18,893€17,189€22,672€22,494▼ 0.8%
Operating cash flow (approximation)€48,115€53,844€32,560€43,510€9,855€28,042€35,949€41,074▲ 14.3%
Investment in fixed assets (approximation)--€7,115-€27,380-€3,290€0-€34,718-€4,241-€10,093▼ 138%
Change in cash-€7,491€24,580€7,172-€28,099€10,915-€1,651€27,324-

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

Download as CSV

Latest 10 of 20 filings with the National Bank
Financial year Type Filed Reference
30-06-2026 micro format 06-10-2026 2026-00549587
30-06-2025 micro format 08-10-2025 2025-00536937
30-06-2024 micro format 17-12-2024 2024-00619518
30-06-2023 micro format 25-01-2024 2024-00006234
30-06-2022 micro format 17-01-2023 2023-00000417
30-06-2021 micro format 01-12-2022 2022-20529797
30-06-2020 micro format 26-02-2021 2021-06500443
30-06-2019 micro format 24-02-2020 2020-05700154
30-06-2018 micro format 28-02-2019 2019-06000536
30-06-2017 micro format 20-12-2017 2017-73100085

Show all 20 filings

Similar companies · same sector, comparable size

Of the 29,903 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,949. 15,792 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.