Summary
ITcon is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €6.2m and a net result of €215,824. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 6155 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
44 d early
2022
38 d early
2021
52 d early
2020
51 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
In the rankings
#1 company by total assets in Lede, Finance and insurance sector#1 company by equity in Lede, Finance and insurance sector#6 oldest company in Lede, Finance and insurance sector
Equity
€6.2m▲ 0.8%
2023 · €6.2m
Net result
€215,824▲ 46.1%
2023 · €147,682
Total assets
€6.3m▲ 1.9%
2023 · €6.2m
Solvency
98.3%▼ 1.1pp
2023 · 99.4%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€363,544▲ 40.1%€283,363▼ 22.1%€408,196▲ 44.1%€181,276▼ 55.6%€290,303▲ 60.1%
Net result€462,656▲ 175%€198,140▼ 57.2%€718,635▲ 263%€147,682▼ 79.4%€215,824▲ 46.1%
Equity€5.1m▲ 10.1%€5.3m▲ 3.9%€6.0m▲ 13.6%€6.2m▲ 2.4%€6.2m▲ 0.8%
Total assets€5.2m▲ 11.4%€5.3m▲ 2.4%€6.1m▲ 13.9%€6.2m▲ 2.3%€6.3m▲ 1.9%
Debt€99,406▲ 178%€26,829▼ 73.0%€45,815▲ 70.8%€37,553▼ 18.0%€106,358▲ 183%
Working capital€483,545▲ 107%€675,444▲ 39.7%€1.3m▲ 99.4%€1.1m▼ 15.1%€1.3m▲ 9.4%
Solvency98.1%▼ 1.1pp99.5%▲ 1.4pp99.2%▼ 0.3pp99.4%▲ 0.2pp98.3%▼ 1.1pp
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2023 Net result -79% on 2022. Cause not known from the registers.
- 2022 Net result +263% on 2021. Cause not known from the registers.
- 2021 Net result -57% on 2020. Cause not known from the registers.
- 2020 Net result +175% on 2019. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 60% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.3m
Fixed assets
€5.0m ▼ 1.1%
Current assets
€1.3m ▲ 15.0%
Equity and liabilities €6.3m
Equity
€6.2m ▲ 0.8%
Debt
€106,358 ▲ 183%
Debt's share of the balance-sheet total rises from 0.6% to 1.7%. Equity and debt are higher.
Key figures and ratios
ROE
3.5%▲
2023 · 2.4%
ROA
3.4%▲
2023 · 2.4%
Debt ≤ 1 year
€95,854▲
2023 · €27,954
Income taxes
€112,148▲
2023 · €57,217
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,576 | €47,431 | €54,022 | €148,331 | €60,918 | ▼ 58.9% |
| Other operating charges640/8 | - | €6,289 | €52,373 | €11,021 | €10,074 | ▼ 8.6% |
| Gross operating margin9900 | €434,643 | €337,082 | €514,591 | €340,628 | €361,295 | ▲ 6.1% |
| Operating profit (loss)9901 | €363,544 | €283,363 | €408,196 | €181,276 | €290,303 | ▲ 60.1% |
| Financial income75/76B | - | - | €452,013 | €23,923 | €37,925 | ▲ 58.5% |
| Recurring financial income75 | €225,200 | - | €452,013 | €23,923 | €37,925 | ▲ 58.5% |
| Financial charges65/66B | - | €229 | €418 | €299 | €255 | ▼ 14.6% |
| Recurring financial charges65 | €124 | €229 | €418 | €299 | €255 | ▼ 14.6% |
| Profit (loss) for the period before taxes9903 | €588,620 | €283,134 | €859,791 | €204,900 | €327,972 | ▲ 60.1% |
| Income taxes67/77 | €125,964 | €84,994 | €141,156 | €57,217 | €112,148 | ▲ 96.0% |
| Profit (loss) for the period9904 | €462,656 | €198,140 | €718,635 | €147,682 | €215,824 | ▲ 46.1% |
| Transfer from tax-exempt reserves789 | - | €77,500 | - | €19,412 | €128,550 | ▲ 562% |
| Transfer to tax-exempt reserves689 | - | €84,200 | €252,600 | €63,150 | €21,050 | ▼ 66.7% |
| Profit (loss) for the period to be appropriated9905 | €394,906 | €191,440 | €466,035 | €103,944 | €323,324 | ▲ 211% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.2m | €5.3m | €6.1m | €6.2m | €6.3m | ▲ 1.9% |
| Fixed assets21/28 | €4.6m | €4.6m | €4.7m | €5.0m | €5.0m | ▼ 1.1% |
| Intangible fixed assets21 | €7,125 | €5,625 | €4,125 | €2,625 | €1,125 | ▼ 57.1% |
| Tangible fixed assets22/27 | €1.6m | €1.6m | €1.6m | €2.0m | €1.9m | ▼ 2.8% |
| Land and buildings22 | - | €1.6m | €1.6m | €2.0m | €1.9m | ▼ 2.8% |
| Plant, machinery and equipment23 | - | - | - | - | €1,050 | - |
| Furniture and vehicles24 | - | €11,548 | €12,869 | €9,163 | €7,578 | ▼ 17.3% |
| Other tangible fixed assets26 | - | - | €2,123 | €1,680 | €1,236 | ▼ 26.4% |
| Assets under construction and advance payments27 | - | - | €45,900 | - | - | - |
| Financial fixed assets28 | €3.0m | €3.0m | €3.0m | €3.0m | €3.0m | = |
| Current assets29/58 | €577,170 | €697,215 | €1.4m | €1.2m | €1.3m | ▲ 15.0% |
| Amounts receivable within one year40/41 | €31,733 | €63,363 | €34,970 | €34,972 | €34,908 | ▼ 0.2% |
| Trade receivables40 | - | €53,357 | €34,970 | €30,374 | €30,310 | ▼ 0.2% |
| Other amounts receivable41 | - | €10,006 | - | €4,598 | €4,598 | = |
| Current investments50/53 | - | - | - | €900,000 | €1.2m | ▲ 36.4% |
| Cash at bank and in hand54/58 | €540,558 | €628,926 | €1.3m | €225,666 | €28,558 | ▼ 87.3% |
| Deferred charges and accrued income490/1 | - | €4,927 | €4,808 | €10,958 | €55,990 | ▲ 411% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.2m | €5.3m | €6.1m | €6.2m | €6.3m | ▲ 1.9% |
| Equity10/15 | €5.1m | €5.3m | €6.0m | €6.2m | €6.2m | ▲ 0.8% |
| Contributions10/11 | - | €802,400 | €802,400 | €802,400 | €802,400 | = |
| Reserves13 | €4.3m | €4.5m | €5.2m | €5.4m | €5.4m | ▲ 0.9% |
| Non-distributable reserves130/1 | - | €81,846 | - | - | - | - |
| Reserves not available under the articles1311 | - | €81,846 | - | - | - | - |
| Tax-exempt reserves132 | - | €189,450 | €442,050 | €485,788 | €378,288 | ▼ 22.1% |
| Distributable reserves133 | - | €4.2m | €4.8m | €4.9m | €5.0m | ▲ 3.2% |
| Amounts payable17/49 | €99,406 | €26,829 | €45,815 | €37,553 | €106,358 | ▲ 183% |
| Amounts payable within one year42/48 | €93,625 | €21,772 | €39,256 | €27,954 | €95,854 | ▲ 243% |
| Trade debts44 | €5,479 | €5,543 | €10,753 | €3,208 | €4,845 | ▲ 51.0% |
| Suppliers440/4 | - | €5,543 | €10,753 | €3,208 | €4,845 | ▲ 51.0% |
| Taxes, remuneration and social security45 | - | €12,874 | €24,398 | €18,763 | €85,804 | ▲ 357% |
| Taxes450/3 | - | €12,874 | €24,398 | €18,763 | €85,804 | ▲ 357% |
| Other amounts payable47/48 | - | €3,354 | €4,106 | €5,983 | €5,205 | ▼ 13.0% |
| Accrued charges and deferred income492/3 | - | €5,057 | €6,559 | €9,599 | €10,504 | ▲ 9.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €462,656 | €198,140 | €718,635 | €147,682 | €215,824 | ▲ 46.1% |
| + Depreciation and write-downs630 | €64,576 | €47,431 | €54,022 | €148,331 | €60,918 | ▼ 58.9% |
| Operating cash flow (approximation) | €527,233 | €245,571 | €772,657 | €296,013 | €276,742 | ▼ 6.5% |
| Investment in fixed assets (approximation) | - | -€52,149 | -€101,948 | -€501,433 | -€3,391 | ▲ 99.3% |
| Change in cash | - | €88,368 | €717,407 | -€1.1m | -€197,108 | ▲ 82.4% |
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
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €147,682 ▼79.4%
Net result drops to €147,682, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €718,635 ▲263%
Operating result €408,196, net result €718,635, both a record.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity times 5current ratio 32.02
Current ratio from 6.16 to 32.02; short-term debt falls from €93,625 to €21,772.
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €5mEq €5.1m ▲10.1%
3 profitable years in a row build equity to €5.1m.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity triplescurrent ratio 8.82
Current ratio from 3.17 to 8.82; short-term debt falls from €42,642 to €29,844.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
08-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Lede · 2 establishment units since 2000
Ground area
1.2 ha
Building footprint
6,564 m²
Volume, LiDAR
15,991 m³
3 parcels, Flanders · tallest building 13.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
Smesweg 92, 9340 Lede
since 20002.094.953.540
Nieuwevaart 187, 9000 Gent
since 20222.339.185.682
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44810K0568/00C000 | Flanders | 7,675 m² | 1 · 6,191 m² | 13.4 m |
| 41034D0393/00P000 | Flanders | 3,487 m² | 1 · 257 m² | 8.0 m · 2 fl. |
| 41034D0746/00L000 | Flanders | 841 m² | 1 · 116 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
75%
According to the 2024 annual accounts of ITcon and those 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 24,729 companies in sector 64210 we hold annual accounts for 19,773. 7,459 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
Founded16-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
62100Computer programming
62200Computer consultancy and computer facilities management
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0470933416
Also
9925:BE0470933416
Registered
28-01-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.