ITAZ
ActiveThe computed 12-month bankruptcy probability of ITAZ is 6.3% (elevated). The 2025 annual accounts show negative equity (€-25k) and a net result of €-641. Equity is shrinking by ~56% per year across the filed fiscal years. Its solvency ranks better than 5% of 13270 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
27
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▲+35
Solvency0=
Growth54=
Track record100
Bankruptcy probability, 12 months
6.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.26 against 0.15 in 2024; short-term debt: 183.5% and cash: 29.6% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
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
-268.6%
Return on assets
-6.8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-25k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
25 d late
2023
35 d late
2022
27 d early
2021
34 d early
2020
25 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€108k▲ 4.7%
2022 · €103k
2020: €96k
2021: €112k
2022: €103k
2020 → 2023
EBIT margin
-13.2%▼ 2.2pp
2022 · -11.0%
2020: -19.4%
2021: 0.1%
2022: -11.0%
2020 → 2023
Net result
€-641▲ 77.6%
2024 · €-3k
2020: €-20k
2021: €-661
2022: €-12k
2023: €-15k
2024: €-3k
2020 → 2025
Working capital
€-13k▲ 32.8%
2024 · €-19k
2020: €-7k
2021: €-6k
2022: €-15k
2023: €-19k
2024: €-19k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€112k-€103k▼ 7.9%€108k▲ 4.7%
Equity€7k-€-5k€-20k▼ 315%€-25k▼ 24.5%€-25k▼ 2.6%
Operating result€118-€-11k€-14k▼ 25.9%€-2k▲ 83.1%€-31▲ 98.7%
Net result€-661-€-12k▼ 1,649%€-15k▼ 30.0%€-3k▲ 81.0%€-641▲ 77.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31 in 2025 against €2k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9k
Fixed assets
€5k▼ 21.5%
Current assets
€5k▲ 32.3%
Key figures and ratios
EBITDA
€1k▲
2024 · €-553
Cash flow
€689▲
2024 · €-1k
Solvency
-268.6%▼
2024 · -255.9%
Current ratio
0.26▲
2024 · 0.15
Quick ratio
0.16▲
2024 · 0.07
Debt / equity
-1.37▲
2024 · -1.39
ROA
-6.8%▲
2024 · -29.7%
Interest coverage
2.98▲
2024 · -1.21
Debt
€35k▲
2024 · €34k
Debt ≤ 1 year
€17k▼
2024 · €22k
Debt > 1 year
€9k=
2024 · €9k
Income taxes
€174
Staff costs
€42k▲
2024 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€10k€9k▼
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€6k€5k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€1k€940▼
Current assets29/58€3k€5k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€92€0▼
Other amounts receivable41€92€0▼
Cash at bank and in hand54/58€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€10k€9k▼
Equity10/15€-25k€-25k▼
Contributions10/11€10k€10k=
Reserves13€15k€15k=
Tax-exempt reserves132€15k€15k=
Profit (loss) carried forward14€-50k€-50k▼
Amounts payable17/49€34k€35k▲
Amounts payable after more than one year17€9k€9k=
Financial debts170/4€9k€9k=
Amounts payable within one year42/48€22k€17k▼
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€0€183▲
Taxes450/3-€183
Remuneration and social security454/9€0-
Other amounts payable47/48€19k€12k▼
Accrued charges and deferred income492/3€3k€8k▲
Income statement
Code20242025
Remuneration, social security and pensions62€39k€42k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€41k€45k▲
Operating profit (loss)9901€-2k€-31▲
Financial income75/76B€5€0▼
Recurring financial income75€5€0▼
Financial charges65/66B€455€436▼
Recurring financial charges65€455€436▼
Profit (loss) for the period before taxes9903€-3k€-467▲
Income taxes67/77-€174
Profit (loss) for the period9904€-3k€-641▲
Profit (loss) for the period to be appropriated9905€-3k€-641▲
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-50k▼
Profit (loss) brought forward from the previous period14P€-47k€-50k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
04-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 35 days late
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
NBB filing
Directors · office · real estate
Directors
2 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, Boortmeerbeek · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kapitein A.Tobbackstraat 343190 BoortmeerbeekGround area
404 m²
Building footprint
270 m²
Volume, LiDAR
1,895 m³
Parcel 24014A0393/00S000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ITAZ
since 20192.292.421.685
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24014A0393/00S000 | Flanders | 404 m² | 1 · 270 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBoortmeerbeek2.292.421.685
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 5,905 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-08-2019
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.itaz.be