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ITD

Active
Private limited companyfounded 20197 yrs activeBurg. Maenhautstraat 75, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0730.608.552
Summary

The computed 12-month bankruptcy probability of ITD is 2.5% (moderate). The 2025 annual accounts show equity of €186,650 and a net result of -€3,366. Equity is growing by ~16.9% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability33▼-19
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
short-term debt: 0.9% and cash: 31% of total assets, and 0.9% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
2 d early
2024
25 d early
2023
43 d early
2022
28 d early
2021
18 d early
2020
24 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 23 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 6 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 July 2019, ITD was incorporated as a Private limited company.1 Total assets went from EUR 71,489 in 2020 to EUR 188,255 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€186,650▼ 1.8%
2024 · €190,016
Total assets
€188,255▼ 1.8%
2024 · €191,621
Net result
-€3,366
2024 · €10,929
Working capital
€186,650▼ 1.8%
2024 · €190,016
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
Line20212022202320242025
Operating result€78,130▲ 21.8%€40,740▼ 47.9%€56,304▲ 38.2%€13,895▼ 75.3%-€1,837
Net result€56,829▲ 22.5%€29,615▼ 47.9%€40,250▲ 35.9%€10,929▼ 72.8%-€3,366
Equity€109,223▲ 108%€138,837▲ 27.1%€179,087▲ 29.0%€190,016▲ 6.1%€186,650▼ 1.8%
Total assets€132,420▲ 85.2%€151,529▲ 14.4%€196,702▲ 29.8%€191,621▼ 2.6%€188,255▼ 1.8%
Debt€23,198▲ 21.5%€12,692▼ 45.3%€17,615▲ 38.8%€1,605▼ 90.9%€1,605=
Working capital€109,223▲ 108%€138,837▲ 27.1%€179,087▲ 29.0%€190,016▲ 6.1%€186,650▼ 1.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€25,000€0€25,000€50,000€75,000Operating result 2021: €78,130€78,130Net result 2021: €56,829€56,829Operating result 2022: €40,740€40,740Net result 2022: €29,615€29,615Operating result 2023: €56,304€56,304Net result 2023: €40,250€40,250Operating result 2024: €13,895€13,895Net result 2024: €10,929€10,929Operating result 2025: -€1,837-€1,837Net result 2025: -€3,366-€3,36620212022202320242025-€20,000€0€20,000€40,000€60,000Operating result 2023: €56,304€56,300Net result 2023: €40,250€40,200Operating result 2024: €13,895€13,900Net result 2024: €10,929€10,900Operating result 2025: -€1,837-€1,840Net result 2025: -€3,366-€3,370202320242025
The operating result turns negative in 2025: a loss of €1,837 after €13,895 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €188,255
Equity €186,650 ▼ 1.8%
Debt €1,605 =
Debt's share of the balance-sheet total stays at 0.9%.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.01▲
2024 · 0.01
ROE
-1.8%▼
2024 · 5.8%
ROA
-1.8%▼
2024 · 5.7%
Debt ≤ 1 year
€1,605=
2024 · €1,605
Income taxes
€298▼
2024 · €4,376
A ratio outside any meaningful range has been withheld (balance sheet total €188,255, equity €186,650).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,441 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.3% went bankrupt
7.5% stopped otherwise
90% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,441 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€191,621€188,255▼
Current assets29/58€191,621€188,255▼
Amounts receivable within one year40/41€4,062€3,385▼
Other amounts receivable41€4,062€3,385▼
Current investments50/53-€126,539
Cash at bank and in hand54/58€187,559€58,332▼
Equity and liabilities
Total equity and liabilities10/49€191,621€188,255▼
Equity10/15€190,016€186,650▼
Contributions10/11€6,000€6,000=
Reserves13€184,016€184,016=
Distributable reserves133€184,016€184,016=
Profit (loss) carried forward14--€3,366
Amounts payable17/49€1,605€1,605=
Amounts payable within one year42/48€1,605€1,605=
Other amounts payable47/48€1,605€1,605=
Income statement Code20242025
Other operating charges640/8€725€731▲
Gross operating margin9900€14,620-€1,106▼
Operating profit (loss)9901€13,895-€1,837▼
Financial income75/76B€1,463€12,277▲
Recurring financial income75€1,463€12,277▲
Financial charges65/66B€52€13,508▲
Recurring financial charges65€52€13,508▲
Profit (loss) for the period before taxes9903€15,305-€3,067▼
Income taxes67/77€4,376€298▼
Profit (loss) for the period9904€10,929-€3,366▼
Profit (loss) for the period to be appropriated9905€10,929-€3,366▼
Appropriation of the result
Profit (loss) to be appropriated9906€10,929-€3,366▼
Transfer to equity691/2€10,929-
To other reserves6921€10,929-

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€320€801€725€731▲ 0.9%
Gross operating margin9900€78,330€41,060€57,105€14,620-€1,106▼ 108%
Operating profit (loss)9901€78,130€40,740€56,304€13,895-€1,837▼ 113%
Financial income75/76B-€0-€1,463€12,277▲ 739%
Recurring financial income75-€0-€1,463€12,277▲ 739%
Financial charges65/66B-€38€45€52€13,508▲ 25,866%
Recurring financial charges65€1€38€45€52€13,508▲ 25,866%
Profit (loss) for the period before taxes9903€78,129€40,702€56,260€15,305-€3,067▼ 120%
Income taxes67/77€21,300€11,087€16,010€4,376€298▼ 93.2%
Profit (loss) for the period9904€56,829€29,615€40,250€10,929-€3,366▼ 131%
Profit (loss) for the period to be appropriated9905€56,829€29,615€40,250€10,929-€3,366▼ 131%
Line20212022202320242025Change
Assets
Total assets20/58€132,420€151,529€196,702€191,621€188,255▼ 1.8%
Current assets29/58€132,420€151,529€196,702€191,621€188,255▼ 1.8%
Amounts receivable within one year40/41€42,288€41,476-€4,062€3,385▼ 16.7%
Trade receivables40-€41,476----
Other amounts receivable41---€4,062€3,385▼ 16.7%
Current investments50/53----€126,539-
Cash at bank and in hand54/58€90,132€110,053€196,702€187,559€58,332▼ 68.9%
Equity and liabilities
Total equity and liabilities10/49€132,420€151,529€196,702€191,621€188,255▼ 1.8%
Equity10/15€109,223€138,837€179,087€190,016€186,650▼ 1.8%
Contributions10/11-€6,000€6,000€6,000€6,000=
Reserves13€103,223€132,837€173,087€184,016€184,016=
Distributable reserves133-€132,837€173,087€184,016€184,016=
Profit (loss) carried forward14-----€3,366-
Amounts payable17/49€23,198€12,692€17,615€1,605€1,605=
Amounts payable within one year42/48€23,198€12,692€17,615€1,605€1,605=
Trade debts44€293-----
Taxes, remuneration and social security45-€11,087€16,010---
Taxes450/3-€11,087€16,010---
Other amounts payable47/48-€1,605€1,605€1,605€1,605=
Line20212022202320242025Change
Profit (loss) for the period9904€56,829€29,615€40,250€10,929-€3,366▼ 131%
Operating cash flow (approximation)€56,829€29,615€40,250€10,929-€3,366▼ 131%
Change in cash-€19,921€86,649-€9,144-€129,227▼ 1,313%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
29-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet -€3,366
Net result drops to -€3,366, the lowest in the series.
06-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Liquidity times 11current ratio 119.39
Current ratio from 11.17 to 119.39; short-term debt falls from €17,615 to €1,605.
2023
19-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial Equity above €150,000Eq €179,087 ▲29%
4 profitable years in a row build equity to €179,087.
03-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Liquidity doublescurrent ratio 11.94
Current ratio from 5.71 to 11.94; short-term debt falls from €23,198 to €12,692.
13-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Highest result since 2020net €56,829 ▲22.5%
Operating result €78,130, net result €56,829, both a record.
30-06
Financial Equity above €100,000Eq €109,223 ▲108%
2 profitable years in a row build equity to €109,223.
07-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Merelbeke-Melle · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
2,073 m²
Building footprint
485 m²
Volume, LiDAR
2,620 m³
Parcel 44413A0072/00A002, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
ITD
Burg. Maenhautstraat 75, 9820 Merelbeke-MelleScientific research and development
since 20192.294.005.557
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44413A0072/00A002 Flanders 2,073 m² 1 · 485 m² 11.6 m · 2 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.

Recognitions · licences · registrations

Legal Entity Identifier

699400U9HGZHRJUDNV97
live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company
Founded11-07-2019
Fiscal year end30-06
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.