ITC MULTIMEDIA
ActiveSummary
ITC MULTIMEDIA has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €80k and a net result of €14k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 30% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability49▲+16
Solvency39▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.17 in 2023; short-term debt: 36.9% and cash: 0.7% of total assets), and 86.2% of the assets are financed with debt.
Credit advice 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 · 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 2024Solvency, return and age of the figures
Solvency
13.8%
Return on assets
2.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-10-2025, 83 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
not confirmed
2024
83 d late
2023
61 d late
2022
122 d late
2021
76 d late
2020
192 d late
2019
82 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€80k▲ 18.4%
2023 · €67k
2018: €11k
2019: €14k
2020: €17k
2021: €87k
2022: €77k
2023: €67k
2018 → 2024
Total assets
€576k▼ 9.4%
2023 · €636k
2018: €630k
2019: €619k
2020: €605k
2021: €656k
2022: €620k
2023: €636k
2018 → 2024
Net result
€14k
2023 · €-8k
2018: €3k
2019: €4k
2020: €5k
2021: €72k
2022: €-8k
2023: €-8k
2018 → 2024
Working capital
€18k▼ 54.4%
2023 · €40k
2018: €-33k
2019: €-21k
2020: €5k
2021: €74k
2022: €54k
2023: €40k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€17k-€87k▲ 418%€77k▼ 11.0%€67k▼ 12.8%€80k▲ 18.4%
Operating result€13k-€84k▲ 569%€-2k€5k€31k▲ 531%
Net result€5k-€72k▲ 1,308%€-8k€-8k▼ 4.4%€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 531% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €576k
Fixed assets
€345k ▼ 5.9%
Current assets
€231k ▼ 14.2%
Equity and liabilities €576k
Equity
€80k ▲ 18.4%
Provisions
€120k =
Debt
€377k ▼ 16.1%
Debt's share of the balance-sheet total falls from 70.6% to 65.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54k▲
2023 · €24k
Cash flow
€37k▲
2023 · €11k
Current ratio
1.09▼
2023 · 1.17
Quick ratio
0.02▼
2023 · 0.04
Debt to equity
4.74▼
2023 · 6.68
ROE
18.0%▲
2023 · -11.8%
ROA
2.5%▲
2023 · -1.2%
Interest coverage
3.26▲
2023 · 1.89
Debt ≤ 1 year
€213k▼
2023 · €229k
Debt > 1 year
€164k▼
2023 · €220k
Income taxes
€68▼
2023 · €72
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 · 2024 against 2023 · 61 lines
Balance sheet
Code20232024
Assets
Total assets20/58€636k€576k▼
Formation expenses20€0-
Fixed assets21/28€367k€345k▼
Tangible fixed assets22/27€367k€345k▼
Land and buildings22€243k€230k▼
Plant, machinery and equipment23€114k€106k▼
Furniture and vehicles24€475€354▼
Leasing and similar rights25€0-
Other tangible fixed assets26€0-
Assets under construction and advance payments27€10k€10k=
Financial fixed assets28€50€50=
Current assets29/58€269k€231k▼
Stocks and contracts in progress3€260k€227k▼
Stocks30/36€260k€227k▼
Amounts receivable within one year40/41€3k€368▼
Trade receivables40€3k€0▼
Other amounts receivable41€0€368▲
Cash at bank and in hand54/58€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€636k€576k▼
Equity10/15€67k€80k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€6k€20k▲
Investment grants15€41k€39k▼
Provisions and deferred taxes16€120k€120k=
Provisions for liabilities and charges160/5€120k€120k=
Pensions and similar obligations160€120k€120k=
Amounts payable17/49€449k€377k▼
Amounts payable after more than one year17€220k€164k▼
Financial debts170/4€56k€26k▼
Other amounts payable178/9€164k€138k▼
Amounts payable within one year42/48€229k€213k▼
Current portion of amounts payable after more than one year42€88k€80k▼
Financial debts43€75k€75k=
Credit institutions430/8€75k€75k=
Trade debts44€53k€44k▼
Suppliers440/4€53k€44k▼
Advances received on contracts in progress46€8k€8k=
Taxes, remuneration and social security45€2k€607▼
Taxes450/3€2k€0▼
Remuneration and social security454/9€607€607=
Other amounts payable47/48€3k€5k▲
Accrued charges and deferred income492/3-€0
Income statement
Code20232024
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€23k▲
Other operating charges640/8€5k€10k▲
Non-recurring operating charges66A€150€75▼
Gross operating margin9900€30k€63k▲
Operating profit (loss)9901€5k€31k▲
Financial income75/76B€1€1▼
Recurring financial income75€1€1▼
Financial charges65/66B€13k€16k▲
Recurring financial charges65€13k€16k▲
Profit (loss) for the period before taxes9903€-8k€14k▲
Income taxes67/77€72€68▼
Profit (loss) for the period9904€-8k€14k▲
Profit (loss) for the period to be appropriated9905€-8k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€20k▲
Profit (loss) brought forward from the previous period14P€14k€6k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 83 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 122 days late
2022
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 76 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 192 days late
2021
31-12
Financial
Highest result since 2018net €72k ▲1308%
Operating result €84k, net result €72k, both a record.
2020
21-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 82 days late
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Fleurus · 1 establishment unit since 2002
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.
Rue des Fabriques(FL) 46220 FleurusGround area
2,767 m²
Building footprint
756 m²
Volume, LiDAR
5,034 m³
Parcel 52021C0318/00H005, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Fabriques(FL) 4, 6220 Fleurus
since 20022.094.725.490
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52021C0318/00H005 | Wallonia | 2,767 m² | 1 · 756 m² | 7.6 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.
Similar companies · same sector, comparable size
GLOBAL STOCKS
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PACKING SUPPORT BENELUX
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LIWO Products
BE 0677.934.879
Linter · Eq €80,174
Bentech
BE 0884.734.822
Grobbendonk · Eq €78,846
ALRO INT
BE 0457.680.939
Sint-Truiden · Eq €80,657
Of 1,565 companies in sector 46900 we hold annual accounts for 920. 578 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2002
Fiscal year end31-12
Activities, NACEBEL 2025
46900Non-specialised wholesale trade
47400Retail sale of information and communication equipment
47640Retail sale of games and toys
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.