IT42
ActiveSummary
IT42 has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €368k and a net result of €69k. Equity is growing by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▼-4
Solvency100=
Growth46▲+2
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 5.16 against 4.6 in 2024; short-term debt: 18.8% and cash: 92.6% of total assets), and 18.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
81.2%
Return on assets
15.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 5 filingsDeviation from the deadline
2025
20 d late
2024
30 d late
2023
35 d late
2022
19 d late
2021
13 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€191k▲ 5.0%
2024 · €182k
2021: €194k
2022: €199k▲ +2.1% vs 2021highest in 5 years
2023: €143k▼ -27.9% vs 2022lowest in 5 years
2024: €182k▲ +27.4% vs 2023
2025: €191k▲ +5.0% vs 2024
2021 → 2025
EBIT margin
45.7%▼ 7.8pp
2024 · 53.5%
2021: 48.6%
2022: 58.5%▲ +20.3% vs 2021highest in 5 years
2023: 44.6%▼ -23.8% vs 2022lowest in 5 years
2024: 53.5%▲ +19.9% vs 2023
2025: 45.7%▼ -14.6% vs 2024
2021 → 2025
Net result
€69k▼ 10.5%
2024 · €77k
2021: €94khighest in 5 years
2022: €91k▼ -3.2% vs 2021
2023: €50k▼ -45.1% vs 2022lowest in 5 years
2024: €77k▲ +53.8% vs 2023
2025: €69k▼ -10.5% vs 2024
2021 → 2025
Working capital
€353k▲ 28.4%
2024 · €275k
2021: €99klowest in 5 years
2022: €136k▲ +37.2% vs 2021
2023: €188k▲ +38.1% vs 2022
2024: €275k▲ +46.1% vs 2023
2025: €353k▲ +28.4% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€194k-€199k▲ 2.1%€143k▼ 27.9%€182k▲ 27.4%€191k▲ 5.0%
2021: €194k
2022: €199k▲ +2.1% vs 2021highest in 5 years
2023: €143k▼ -27.9% vs 2022lowest in 5 years
2024: €182k▲ +27.4% vs 2023
2025: €191k▲ +5.0% vs 2024
Equity€99k-€172k▲ 72.9%€222k▲ 29.2%€299k▲ 34.7%€368k▲ 23.1%
2021: €99klowest in 5 years
2022: €172k▲ +72.9% vs 2021
2023: €222k▲ +29.2% vs 2022
2024: €299k▲ +34.7% vs 2023
2025: €368k▲ +23.1% vs 2024highest in 5 years
Operating result€95k-€116k▲ 22.8%€64k▼ 45.0%€97k▲ 52.8%€87k▼ 10.3%
2021: €95k
2022: €116k▲ +22.8% vs 2021highest in 5 years
2023: €64k▼ -45.0% vs 2022lowest in 5 years
2024: €97k▲ +52.8% vs 2023
2025: €87k▼ -10.3% vs 2024
Net result€94k-€91k▼ 3.2%€50k▼ 45.1%€77k▲ 53.8%€69k▼ 10.5%
2021: €94khighest in 5 years
2022: €91k▼ -3.2% vs 2021
2023: €50k▼ -45.1% vs 2022lowest in 5 years
2024: €77k▲ +53.8% vs 2023
2025: €69k▼ -10.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €453k
Fixed assets
€15k ▼ 38.5%
Current assets
€438k ▲ 24.7%
Equity and liabilities €453k
Equity
€368k ▲ 23.1%
Debt
€85k ▲ 11.2%
Debt's share of the balance-sheet total falls from 20.4% to 18.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€97k▼
2024 · €107k
Cash flow
€78k▼
2024 · €87k
Current ratio
5.16▲
2024 · 4.60
Debt to equity
0.23▼
2024 · 0.26
ROE
18.8%▼
2024 · 25.8%
ROA
15.2%▼
2024 · 20.5%
Interest coverage
1073.62▲
2024 · 452.37
Debt ≤ 1 year
€85k▲
2024 · €76k
Income taxes
€18k▼
2024 · €20k
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€375k€453k▲
Fixed assets21/28€24k€15k▼
Tangible fixed assets22/27€24k€15k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€19k€11k▼
Assets under construction and advance payments27€940€940=
Current assets29/58€351k€438k▲
Amounts receivable within one year40/41-€16k
Trade receivables40-€16k
Cash at bank and in hand54/58€351k€419k▲
Deferred charges and accrued income490/1€380€2k▲
Equity and liabilities
Total equity and liabilities10/49€375k€453k▲
Equity10/15€299k€368k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€294k€363k▲
Amounts payable17/49€76k€85k▲
Amounts payable within one year42/48€76k€85k▲
Trade debts44€587€960▲
Suppliers440/4€587€960▲
Taxes, remuneration and social security45€12k€16k▲
Taxes450/3€12k€16k▲
Other amounts payable47/48€64k€68k▲
Income statement
Code20242025
Turnover70€182k€191k▲
Goods, raw materials, services and sundry goods60/61€52k€71k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€9k▼
Other operating charges640/8€23k€23k▲
Gross operating margin9900€130k€120k▼
Operating profit (loss)9901€97k€87k▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€237€90▼
Recurring financial charges65€237€90▼
Profit (loss) for the period before taxes9903€97k€87k▼
Income taxes67/77€20k€18k▼
Profit (loss) for the period9904€77k€69k▼
Profit (loss) for the period to be appropriated9905€77k€69k▼
Appropriation of the result
Profit (loss) to be appropriated9906€294k€363k▲
Profit (loss) brought forward from the previous period14P€217k€294k▲
The notes to these accounts (4 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €194k | €199k | €143k | €182k | €191k | ▲ 5.0% |
| Goods, raw materials, services and sundry goods60/61 | €76k | €52k | €53k | €52k | €71k | ▲ 36.0% |
| Remuneration, social security and pensions62 | €80 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €5k | €9k | €10k | €9k | ▼ 5.4% |
| Other operating charges640/8 | €24k | €25k | €17k | €23k | €23k | ▲ 3.5% |
| Gross operating margin9900 | €119k | €146k | €90k | €130k | €120k | ▼ 7.5% |
| Operating profit (loss)9901 | €95k | €116k | €64k | €97k | €87k | ▼ 10.3% |
| Financial income75/76B | - | - | - | €1 | - | - |
| Recurring financial income75 | - | - | - | €1 | - | - |
| Financial charges65/66B | €196 | €271 | €374 | €237 | €90 | ▼ 62.0% |
| Recurring financial charges65 | €196 | €271 | €374 | €237 | €90 | ▼ 62.0% |
| Profit (loss) for the period before taxes9903 | €94k | €116k | €63k | €97k | €87k | ▼ 10.2% |
| Income taxes67/77 | - | €25k | €13k | €20k | €18k | ▼ 9.2% |
| Profit (loss) for the period9904 | €94k | €91k | €50k | €77k | €69k | ▼ 10.5% |
| Profit (loss) for the period to be appropriated9905 | €94k | €91k | €50k | €77k | €69k | ▼ 10.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €128k | €283k | €327k | €375k | €453k | ▲ 20.7% |
| Fixed assets21/28 | - | €35k | €34k | €24k | €15k | ▼ 38.5% |
| Tangible fixed assets22/27 | - | €35k | €34k | €24k | €15k | ▼ 38.5% |
| Plant, machinery and equipment23 | - | - | €6k | €4k | €3k | ▼ 30.7% |
| Furniture and vehicles24 | - | €35k | €27k | €19k | €11k | ▼ 42.2% |
| Assets under construction and advance payments27 | - | - | €940 | €940 | €940 | = |
| Current assets29/58 | €128k | €248k | €293k | €351k | €438k | ▲ 24.7% |
| Amounts receivable within one year40/41 | €759 | €62k | €29k | - | €16k | - |
| Trade receivables40 | - | €61k | €27k | - | €16k | - |
| Other amounts receivable41 | €759 | €894 | €2k | - | - | - |
| Cash at bank and in hand54/58 | €127k | €186k | €263k | €351k | €419k | ▲ 19.5% |
| Deferred charges and accrued income490/1 | - | €634 | €1k | €380 | €2k | ▲ 520% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €128k | €283k | €327k | €375k | €453k | ▲ 20.7% |
| Equity10/15 | €99k | €172k | €222k | €299k | €368k | ▲ 23.1% |
| Contributions10/11 | €5k | €5k | €5k | €5k | €5k | = |
| Capital10 | €5k | €5k | - | - | - | - |
| Issued capital100 | €5k | €5k | - | - | - | - |
| Profit (loss) carried forward14 | €94k | €167k | €217k | €294k | €363k | ▲ 23.5% |
| Amounts payable17/49 | €29k | €112k | €105k | €76k | €85k | ▲ 11.2% |
| Amounts payable within one year42/48 | €29k | €112k | €105k | €76k | €85k | ▲ 11.2% |
| Trade debts44 | €19 | €3k | €602 | €587 | €960 | ▲ 63.7% |
| Suppliers440/4 | €19 | €3k | €602 | €587 | €960 | ▲ 63.7% |
| Taxes, remuneration and social security45 | €4k | €47k | €39k | €12k | €16k | ▲ 28.5% |
| Taxes450/3 | €4k | €47k | €39k | €12k | €16k | ▲ 28.5% |
| Other amounts payable47/48 | €25k | €62k | €65k | €64k | €68k | ▲ 7.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €94k | €91k | €50k | €77k | €69k | ▼ 10.5% |
| + Depreciation and write-downs630 | - | €5k | €9k | €10k | €9k | ▼ 5.4% |
| Operating cash flow (approximation) | €94k | €96k | €59k | €87k | €78k | ▼ 9.9% |
| Investment in fixed assets (approximation) | - | - | €-7k | €0 | €0 | - |
| Change in cash | - | €58k | €77k | €88k | €68k | ▼ 22.5% |
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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
2023
31-12
Financial
Weakest financial yearnet €50k ▼45.1%
Net result drops to €50k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €222k ▲29.2%
3 profitable years in a row build equity to €222k.
19-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 19 days late
2022
31-12
Financial
Equity above €150kEq €172k ▲72.9%
2 profitable years in a row build equity to €172k.
13-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Ramillies · 1 establishment unit since 2020
Ground area
385 m²
Building footprint
130 m²
Volume, LiDAR
878 m³
Parcel 25002C0534/00K000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IT42
since 20202.306.906.557
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25002C0534/00K000 | Wallonia | 385 m² | 1 · 129 m² | 8.4 m · 2 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 29,993 companies in sector 62200 we hold annual accounts for 18,396. 13,123 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
Founded27-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
74999Other professional, scientific and technical activities
Scores and ratios are computed by Checked and are not a credit decision.