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ITAF

Active Private limited companyfounded 1999active for 27 yearsIndustrieweg 114H, 9032 GhentKBO/BCE: BE 0466.006.806 #6 company by staff growth in East Flanders, Computing infrastructure and information services sector

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 2000
peak €1.7m (2025)
€1.7m▲ 3.7%
lowest -€11,872 (2014)
€16,721▼ 78.7%
peak €800,614 (2025)
€800,614▲ 2.1%
€2.1m▲ 18.7%
peak 16.9 FTE (2021)
16.6 FTE▲ 2.5%
Board6 names since 2020
5 directors and 4 others
Documentsfilings and deeds
01-07-202630 days before the deadline
2025abbreviated format
Result from €78,408 to €16,7213 directors appointed 13-08Debts from €1.8m to €2.1mInvestments €764,228

Key points

from the 2025 annual accounts

Equity

€800,614 ▲ 2.1%

ITAF has made a profit without a break since 2015.

Result

€16,721 ▼ 78.7%
€78,4002024€16,7002025

The result fell in 2025: the 2024 profit included a one-off income of €40,401.

Debts

€2.1m 72% of the balance sheet
Financial debts 26%Suppliers 41%Taxes and wages 10%Other 23%

Of this, €1.6m falls due within a year.

Staff

18 employees on 31-12-2025
9102021252022622023522024662025

In 2025, 6 people joined and 6 left.

Filings

26 annual accounts since 2000
AprilJune31 JulyOctober200020102020

Five of the last ten came late. The 2019 accounts came latest: 53 days after the end of the period.

Board

2 joined · 2 left

Board changed. Latest change 19-01-2026 · 3 in office.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 4,681 companies had the same profile as ITAF has now. Each dot stands for 12 companies, two years later.

97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,681 companies, not a prediction for ITAF. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 19-01-2026
Director, since 19-01-2026
Director
  • 2,219 sharesdeed of 17-12-2020
  • 1,000 sharesdeed of 17-12-2020
  • 1 sharedeed of 17-12-2020

Shares in 1 company,

Board & ownership

Recent changes

2 directors appointed, 3 resignations Resignations: , and · Appointments: and · “Zij mag deelnemen in alle ondernemingen die een gelijkaardig voorwerp nastreven, ook aanverwant, of die de…” (deed in Dutch) · General meeting of 12-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0466006806
3 directors appointed , and · Permanent representative: · Gazette deed
Security firm approval (camera systems) granted Decision of 09-10-2024, published on 06-10-2025
All 42 events

Comparable companies

same main activity, similar in size and age
Company
ITAF Ghent €2.9m €1.7m 27.6% 16.6
LERNOVA Lokeren €3.3m €1.5m 11.9% 13.4
AXYMATIC Ath €2.5m €1.8m 73.9% 11.7
TELEMIS Ottignies-Louvain-la-Neuve €4.3m €2.7m 22.2% 21.2
DELCAMPE INTERNATIONAL Tubize €2.0m €2.1m 52.6% 21.7
GENERIX GROUP BENELUX Ghent €2.2m €1.0m 15.9% 9.7
CloudCom Aalter €1.8m €2.1m 56.7% 19.3

These companies have the same main activity as ITAF: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €1.8m and €4.3m, founded between 1990 and 2007.

Official details

Source: KBO
Status
Active since 06-05-1999Normal situation
Activity
Computing infrastructure, data processing, hosting and related activitiesNACE 63100and 2 others
Establishment units
2.091.215.7739032 Ghent, since 01-06-1999
2.279.721.7143000 Leuven, since 24-09-2018
Financial year end
31 December
Peppol
Reachable since 03-12-2025
Company details

Annual accounts 2025

≈ €3.0mestimated
€2.9m▲ 13.6%
Employeeson 31-12-2025
18=
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on ITAF

ITAF files the abbreviated format. That format states no turnover. The gross margin rose from €38,080 in 2006 to €1.7m in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ITAF

What is the company number of ITAF?
The company number of ITAF is 0466.006.806. The VAT number is the same number with BE in front: BE 0466.006.806.
Where is ITAF based?
The registered office is at Industrieweg 114H, 9032 Ghent.Company details
What does ITAF do?
According to the KBO register, the main activity is computing infrastructure, data processing, hosting and related activities (NACE 63100).
What is the legal form of ITAF?
ITAF is a private limited company (BV).
When was ITAF founded?
ITAF was founded on 06-05-1999.
Is ITAF still active?
Yes, ITAF is an active enterprise in the KBO register.
How many employees does ITAF have?
ITAF had an average of 16.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ITAF?
The turnover in financial year 2025 is ≈ €3.0m. This figure is estimated from the gross margin of €1.7m and 1,585 comparable companies of the same size. It probably lies between €2.0m and €4.9m. It is a rough estimate.
Is ITAF profitable?
In financial year 2025, ITAF made a profit of €16,721.
Where can I find the annual accounts of ITAF?
ITAF filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ITAF due?
ITAF must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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