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ITDo

Active
Private limited companyfounded 20251 yr activeRue Jeanne Haye(H-A) 43, 7110 La Louvière, BelgiumKBO/BCE: BE 1027.486.356
Summary

ITDo has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,710 and a net result of €6,210. Its solvency ranks better than 43% of 20854 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Financials · fiscal year 2025, micro schema

Equity
€8,710
Total assets
€16,463
Net result
€6,210
Working capital
€7,213

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €16,463
Fixed assets €1,564
Current assets €14,899
Equity and liabilities €16,463
Equity €8,710
Debt €7,753
Debt finances 47.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€8,705
Cash flow
€6,372
Current ratio
1.94
Debt to equity
0.89
ROE
71.3%
ROA
37.7%
Interest coverage
419.73
Debt ≤ 1 year
€7,686
Income taxes
€2,313

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,472 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% 1.8%
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 11,280 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 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€16,463
Fixed assets21/28€1,564
Tangible fixed assets22/27€1,564
Furniture and vehicles24€1,564
Current assets29/58€14,899
Amounts receivable within one year40/41€5,740
Trade receivables40€5,740
Cash at bank and in hand54/58€8,884
Deferred charges and accrued income490/1€276
Equity and liabilities
Total equity and liabilities10/49€16,463
Equity10/15€8,710
Contributions10/11€2,500
Reserves13€6,210
Distributable reserves133€6,210
Amounts payable17/49€7,753
Amounts payable within one year42/48€7,686
Trade debts44€645
Suppliers440/4€645
Taxes, remuneration and social security45€3,041
Taxes450/3€3,041
Other amounts payable47/48€4,000
Accrued charges and deferred income492/3€67
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€162
Gross operating margin9900€8,705
Operating profit (loss)9901€8,543
Financial charges65/66B€21
Recurring financial charges65€21
Profit (loss) for the period before taxes9903€8,523
Income taxes67/77€2,313
Profit (loss) for the period9904€6,210
Profit (loss) for the period to be appropriated9905€6,210
Appropriation of the result
Profit (loss) to be appropriated9906€6,210
Transfer to equity691/2€6,210
To other reserves6921€6,210

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€162
Gross operating margin9900€8,705
Operating profit (loss)9901€8,543
Financial charges65/66B€21
Recurring financial charges65€21
Profit (loss) for the period before taxes9903€8,523
Income taxes67/77€2,313
Profit (loss) for the period9904€6,210
Profit (loss) for the period to be appropriated9905€6,210
Line2025
Assets
Total assets20/58€16,463
Fixed assets21/28€1,564
Tangible fixed assets22/27€1,564
Furniture and vehicles24€1,564
Current assets29/58€14,899
Amounts receivable within one year40/41€5,740
Trade receivables40€5,740
Cash at bank and in hand54/58€8,884
Deferred charges and accrued income490/1€276
Equity and liabilities
Total equity and liabilities10/49€16,463
Equity10/15€8,710
Contributions10/11€2,500
Reserves13€6,210
Distributable reserves133€6,210
Amounts payable17/49€7,753
Amounts payable within one year42/48€7,686
Trade debts44€645
Suppliers440/4€645
Taxes, remuneration and social security45€3,041
Taxes450/3€3,041
Other amounts payable47/48€4,000
Accrued charges and deferred income492/3€67
Line2025
Profit (loss) for the period9904€6,210
+ Depreciation and write-downs630€162
Operating cash flow (approximation)€6,372

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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Similar companies · same sector, comparable size

Of 30,022 companies in this sector we hold annual accounts for 18,908. 9,245 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector