ITACHION
ActiveSummary
ITACHION has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€57,709) and a net result of -€123,730. Equity is shrinking by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-60
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.13 in 2024; short-term debt: 120.9% and cash: 11.2% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 · 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
-30%
Return on assets
-64.3%
Age of the figures
12 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€57,709
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-05-2026, 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 · 10 filingsDeviation from the deadline
2025
20 d late
2024
7 d late
2023
31 d late
2022
23 d late
2021
24 d late
2020
31 d late
2019
71 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 23 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#6 oldest company in Wezembeek-Oppem, Telecoms and IT sector
Equity
-€57,709
2024 · €66,022
Total assets
€192,366▲ 2.1%
2024 · €188,343
Net result
-€123,730▼ 264%
2024 · -€34,020
Working capital
-€204,991▼ 136%
2024 · -€86,701
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€26,302-€11,370€4,669-€33,347-€123,408▼ 270%
Net result€24,423within the sector's middle half-€12,605below the sector's middle half€3,591within the sector's middle half-€34,020below the sector's middle half-€123,730below the sector's middle half▼ 264%
Equity€109,055within the sector's middle half▲ 28.9%€96,451within the sector's middle half▼ 11.6%€100,042within the sector's middle half▲ 3.7%€66,022within the sector's middle half▼ 34.0%-€57,709below the sector's middle half
Total assets€247,866within the sector's middle half=€210,338below the sector's middle half▼ 15.1%€194,345below the sector's middle half▼ 7.6%€188,343below the sector's middle half▼ 3.1%€192,366within the sector's middle half▲ 2.1%
Debt€100,811▼ 19.6%€75,888▼ 24.7%€72,103▼ 5.0%€100,121▲ 38.9%€232,875▲ 133%
Working capital€18,532within the sector's middle half▲ 78.9%-€8,140below the sector's middle half-€34,282below the sector's middle half▼ 321%-€86,701below the sector's middle half▼ 153%-€204,991below the sector's middle half▼ 136%
Solvency44.0%within the sector's middle half▲ 9.9pp45.9%within the sector's middle half▲ 1.9pp51.5%within the sector's middle half▲ 5.6pp35.1%within the sector's middle half▼ 16.4pp-30.0%below the sector's middle half▼ 65.1pp
Current ratio1.63within the sector's middle half▲ 0.280.71below the sector's middle half▼ 0.920.29below the sector's middle half▼ 0.420.13below the sector's middle half▼ 0.160.12below the sector's middle half▼ 0.01
Return on assets (ROA)9.9%within the sector's middle half▲ 11.0pp-6.0%below the sector's middle half▼ 15.8pp1.8%within the sector's middle half▲ 7.8pp-18.1%below the sector's middle half▼ 19.9pp-64.3%below the sector's middle half▼ 46.3pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €123,408 in 2025 against €33,347 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 €192,366
Fixed assets
€164,755 ▼ 6.0%
Current assets
€27,611 ▲ 110%
Key figures and ratios
EBITDA
-€112,952▼
2024 · -€22,903
Cash flow
-€113,275▼
2024 · -€23,576
Debt to equity
-4.04▼
2024 · 1.52
Interest coverage
-349.73▼
2024 · -34.02
Debt ≤ 1 year
€232,602▲
2024 · €99,833
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,639 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.8%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,639 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,774 | €9,907 | €9,907 | €10,444 | €10,455 | ▲ 0.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | -€15,800 | - | -€5,000 | - |
| Other operating charges640/8 | €576 | €1,947 | €1,368 | €1,442 | €1,493 | ▲ 3.5% |
| Gross operating margin9900 | €36,652 | €484 | €144 | -€21,461 | -€116,460 | ▼ 443% |
| Operating profit (loss)9901 | €26,302 | -€11,370 | €4,669 | -€33,347 | -€123,408 | ▼ 270% |
| Financial income75/76B | - | €242 | €10 | €1 | - | - |
| Recurring financial income75 | - | €242 | €10 | €1 | - | - |
| Financial charges65/66B | €1,837 | €1,476 | €1,088 | €673 | €323 | ▼ 52.0% |
| Recurring financial charges65 | €1,837 | €1,476 | €1,088 | €673 | €323 | ▼ 52.0% |
| Profit (loss) for the period before taxes9903 | €24,465 | -€12,605 | €3,591 | -€34,020 | -€123,730 | ▼ 264% |
| Income taxes67/77 | €42 | - | - | - | - | - |
| Profit (loss) for the period9904 | €24,423 | -€12,605 | €3,591 | -€34,020 | -€123,730 | ▼ 264% |
| Profit (loss) for the period to be appropriated9905 | €24,423 | -€12,605 | €3,591 | -€34,020 | -€123,730 | ▼ 264% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €247,866 | €210,338 | €194,345 | €188,343 | €192,366 | ▲ 2.1% |
| Fixed assets21/28 | €200,080 | €190,173 | €180,265 | €175,210 | €164,755 | ▼ 6.0% |
| Tangible fixed assets22/27 | €200,080 | €190,173 | €180,265 | €175,210 | €164,755 | ▼ 6.0% |
| Land and buildings22 | €197,218 | €188,174 | €179,131 | €170,087 | €161,044 | ▼ 5.3% |
| Plant, machinery and equipment23 | €1,193 | €663 | €133 | - | - | - |
| Furniture and vehicles24 | €1,669 | €1,335 | €1,001 | €5,123 | €3,712 | ▼ 27.6% |
| Current assets29/58 | €47,786 | €20,166 | €14,080 | €13,132 | €27,611 | ▲ 110% |
| Amounts receivable within one year40/41 | - | €7,711 | - | €3,672 | €4,463 | ▲ 21.6% |
| Trade receivables40 | - | - | - | €197 | - | - |
| Other amounts receivable41 | - | €7,711 | - | €3,475 | €4,463 | ▲ 28.4% |
| Cash at bank and in hand54/58 | €46,361 | €11,415 | €12,602 | €7,938 | €21,518 | ▲ 171% |
| Deferred charges and accrued income490/1 | €1,425 | €1,040 | €1,478 | €1,522 | €1,629 | ▲ 7.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €247,866 | €210,338 | €194,345 | €188,343 | €192,366 | ▲ 2.1% |
| Equity10/15 | €109,055 | €96,451 | €100,042 | €66,022 | -€57,709 | ▼ 187% |
| Contributions10/11 | €18,600 | €18,600 | €20,460 | €20,460 | €20,460 | = |
| Reserves13 | €36,610 | €36,610 | €34,750 | €34,750 | €34,750 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | €34,750 | €34,750 | €34,750 | €34,750 | €34,750 | = |
| Profit (loss) carried forward14 | €53,845 | €41,241 | €44,832 | €10,812 | -€112,919 | ▼ 1,144% |
| Provisions and deferred taxes16 | €38,000 | €38,000 | €22,200 | €22,200 | €17,200 | ▼ 22.5% |
| Provisions for liabilities and charges160/5 | €38,000 | €38,000 | €22,200 | €22,200 | €17,200 | ▼ 22.5% |
| Environmental obligations163 | €38,000 | €38,000 | €22,200 | €22,200 | €17,200 | ▼ 22.5% |
| Amounts payable17/49 | €100,811 | €75,888 | €72,103 | €100,121 | €232,875 | ▲ 133% |
| Amounts payable after more than one year17 | €71,443 | €46,550 | €23,424 | - | - | - |
| Financial debts170/4 | €71,443 | €46,550 | €23,424 | - | - | - |
| Amounts payable within one year42/48 | €29,254 | €28,305 | €48,362 | €99,833 | €232,602 | ▲ 133% |
| Current portion of amounts payable after more than one year42 | €26,576 | €26,951 | €25,214 | €23,424 | - | - |
| Trade debts44 | €442 | €892 | €3,120 | €756 | €20,635 | ▲ 2,629% |
| Suppliers440/4 | €442 | €892 | €3,120 | €756 | €20,635 | ▲ 2,629% |
| Taxes, remuneration and social security45 | €1,278 | €463 | €857 | - | - | - |
| Taxes450/3 | €1,278 | €463 | €857 | - | - | - |
| Other amounts payable47/48 | €958 | - | €19,171 | €75,652 | €211,966 | ▲ 180% |
| Accrued charges and deferred income492/3 | €114 | €1,032 | €317 | €288 | €273 | ▼ 5.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,423 | -€12,605 | €3,591 | -€34,020 | -€123,730 | ▼ 264% |
| + Depreciation and write-downs630 | €9,774 | €9,907 | €9,907 | €10,444 | €10,455 | ▲ 0.1% |
| Operating cash flow (approximation) | €34,197 | -€2,697 | €13,498 | -€23,576 | -€113,275 | ▼ 380% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€5,389 | €0 | ▲ 100% |
| Change in cash | - | -€34,946 | €1,187 | -€4,664 | €13,581 | ▲ 391% |
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
20-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
30-09
Financial
Weakest financial yearnet -€123,730
Net result drops to -€123,730, the lowest in the series.
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 7 days late
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
30-09
Financial
Back to profitnet €3,591
Net result €3,591 after one loss-making year.
30-09
Financial
Equity above €100,000Eq €100,042 ▲3.7%
Equity rises from €96,451 to €100,042.
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
30-09
Financial
Back to profitnet €24,423
Net result €24,423 after 3 loss-making years.
30-09
Financial
Equity above €100,000Eq €109,055 ▲28.9%
Equity rises from €84,632 to €109,055.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
19-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Wezembeek-Oppem · 1 establishment unit since 2003
Ground area
1,863 m²
Building footprint
848 m²
Volume, LiDAR
8,038 m³
Parcel 22006A0163/00M005, Flanders · tallest building 16.3 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Lange Eikstraat 80, 1970 Wezembeek-Oppem
since 20032.123.572.795
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22006A0163/00M005 | Flanders | 1,863 m² | 1 · 847 m² | 16.3 m · 3 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.
Structure & network
Owners and holdings
1 ownerChain of control
- UP2U
- ITACHION
Highest known parent: UP2U. The sources do not say who stands above it.
Owners 1
- UP2UparentSourceaccounts UP2U 202599%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 15,519 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
Founded13-01-2003
Fiscal year end30-09
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479298477
Also
9925:BE0479298477
Registered
16-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.