ITech Academy
ITech Academy has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €76k and a net result of €8k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 73% of 16691 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €76k |
| Net result | €8k |
| Better than sector | 73% |
| Active | 15 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 79.5% | 60.0% | |
| Net result | €8k | €29k | |
| Equity | €76k | €72k | |
| Gross operating margin | €28k | €55k | |
| Total assets | €96k | €141k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €27k | €54k | €3k | €32k | €54k |
| Net profit | €8k | €28k | €-16k | €11k | €26k |
| Cash flow | €23k | €45k | €-701 | €27k | €41k |
| Staff costs | - | - | - | - | - |
| Income taxes | €4k | €8k | €278 | €6k | €12k |
| Dividends | €10k | €14k | €8k | - | - |
| Total assets | €96k | €114k | €116k | €155k | €155k |
| Equity | €76k | €79k | €64k | €88k | €76k |
| Debt | €20k | €35k | €52k | €67k | €78k |
| of which ≤ 1y | €20k | €20k | €22k | €23k | €20k |
| of which > 1y | €0 | €15k | €30k | €44k | €59k |
| Working capital | €74k | €74k | €59k | €88k | €77k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 4.74 | 4.65 | 3.61 | 4.80 | 4.85 |
| Quick ratio | 4.74 | 4.65 | 3.61 | 4.80 | 4.85 |
| Working capital ratio | 76.7% | 64.9% | 50.4% | 56.6% | 49.5% |
| Solvency | 79.5% | 69.1% | 55.1% | 56.6% | 49.4% |
| Debt / equity | 0.26 | 0.45 | 0.82 | 0.77 | 1.03 |
| Long-term debt ratio | 0.00 | 0.19 | 0.46 | 0.50 | 0.77 |
| Interest coverage | 20.88 | 36.16 | 0.79 | 31.04 | 42.89 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 7.9% | 24.7% | -13.5% | 7.2% | 16.5% |
| ROE | 9.9% | 35.8% | -24.5% | 12.8% | 33.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €96k | €114k | €116k | €155k | €155k |
| Fixed assets | 21/28 | €3k | €20k | €35k | €44k | €58k |
| Intangible fixed assets | 21 | €0 | €14k | €28k | €42k | €56k |
| Tangible fixed assets | 22/27 | €3k | €6k | €7k | €2k | €2k |
| Current assets | 29/58 | €93k | €94k | €81k | €111k | €97k |
| Amounts receivable within one year | 40/41 | €30k | €32k | €36k | €36k | €24k |
| Cash & bank | 54/58 | €64k | €62k | €45k | €75k | €72k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €96k | €114k | €116k | €155k | €155k |
| Equity | 10/15 | €76k | €79k | €64k | €88k | €76k |
| Contributions / capital | 10/11 | €100 | €100 | €6k | €6k | €6k |
| Reserves | 13 | €76k | €78k | €73k | €81k | €70k |
| Accumulated profits (losses) | 14 | €0 | €0 | €-16k | - | - |
| Amounts payable | 17/49 | €20k | €35k | €52k | €67k | €78k |
| Amounts payable after one year | 17 | €0 | €15k | €30k | €44k | €59k |
| Amounts payable within one year | 42/48 | €20k | €20k | €22k | €23k | €20k |
| Trade debts payable within one year | 44 | €42 | €225 | €7k | €5k | €719 |
| Income statement | ||||||
| Gross operating margin | 9900 | €28k | €55k | €4k | €33k | €55k |
| Operating result | 9901 | €12k | €37k | €-12k | €17k | €39k |
| Financial income | 75 | €459 | €461 | €295 | €930 | - |
| Financial charges | 65 | €1k | €1k | €3k | €1k | €1k |
| Result before taxes | 9903 | €11k | €36k | €-15k | €17k | €37k |
| Income taxes | 67/77 | €4k | €8k | €278 | €6k | €12k |
| Net result for the period | 9904 | €8k | €28k | €-16k | €11k | €26k |
| Result to be appropriated | 9905 | €8k | €28k | €-16k | €11k | €26k |
| NACE primary | Computer consultancy and computer facilities management(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 10-02-2011 |
| Status | Active |
| Postal code | 2930 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11324D0381/00S000 | Flanders | 3,960 m² | 1 · 275 m² | 16.2 m · 5 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
21-12-2023 Discharge granted to the board correction
Technical details
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}| Legal nameNL | ITech Academy |