ITee
ActiveSummary
ITee has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €66k and a net result of €6k. Equity is growing by ~31.4% per year across the filed fiscal years. Its solvency ranks better than 55% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-32
Solvency92▼-8
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.65 against 5.12 in 2023; short-term debt: 33.1% and cash: 0.1% of total assets), and 33.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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
66.9%
Return on assets
5.9%
Age of the figures
21 mo
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 26-06-2025, 35 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
86 d early
2022
4 d early
2021
4 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€66k▲ 9.6%
2023 · €60k
2021: €21k
2022: €37k
2023: €60k
2021 → 2024
Total assets
€98k▲ 32.2%
2023 · €74k
2021: €35k
2022: €48k
2023: €74k
2021 → 2024
Net result
€6k▼ 75.2%
2023 · €23k
2021: €19k
2022: €15k
2023: €23k
2021 → 2024
Working capital
€54k▼ 9.3%
2023 · €59k
2021: €20k
2022: €36k
2023: €59k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€21k-€37k▲ 72.9%€60k▲ 63.6%€66k▲ 9.6%
Operating result€24k-€22k▼ 11.0%€31k▲ 44.4%€9k▼ 72.7%
Net result€19k-€15k▼ 17.4%€23k▲ 50.8%€6k▼ 75.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 73% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €98k
Fixed assets
€12k ▲ 1,360%
Current assets
€86k ▲ 17.2%
Equity and liabilities €98k
Equity
€66k ▲ 9.6%
Debt
€33k ▲ 126%
Debt's share of the balance-sheet total rises from 19.3% to 33.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11k▼
2023 · €32k
Cash flow
€8k▼
2023 · €24k
Current ratio
2.65▼
2023 · 5.12
Debt to equity
0.49▲
2023 · 0.24
ROE
8.8%▼
2023 · 38.9%
ROA
5.9%▼
2023 · 31.4%
Interest coverage
5.05▼
2023 · 21.44
Debt ≤ 1 year
€33k▲
2023 · €14k
Income taxes
€3k▼
2023 · €8k
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 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€74k€98k▲
Fixed assets21/28€832€12k▲
Tangible fixed assets22/27€832€12k▲
Plant, machinery and equipment23€832€289▼
Furniture and vehicles24-€12k
Current assets29/58€74k€86k▲
Amounts receivable within one year40/41€71k€84k▲
Trade receivables40€38k€25k▼
Other amounts receivable41€33k€59k▲
Cash at bank and in hand54/58€123€102▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€74k€98k▲
Equity10/15€60k€66k▲
Contributions10/11€3k€3k=
Reserves13€58k€63k▲
Distributable reserves133€58k€63k▲
Amounts payable17/49€14k€33k▲
Amounts payable within one year42/48€14k€33k▲
Financial debts43€2k€24k▲
Credit institutions430/8€2k€24k▲
Trade debts44€9k€6k▼
Suppliers440/4€9k€6k▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€565€2k▲
Other operating charges640/8€894€1k▲
Gross operating margin9900€33k€12k▼
Operating profit (loss)9901€31k€9k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€31k€9k▼
Income taxes67/77€8k€3k▼
Profit (loss) for the period9904€23k€6k▼
Profit (loss) for the period to be appropriated9905€23k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€6k▼
Transfer to equity691/2€23k€6k▼
To other reserves6921€23k€6k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €6k ▼75.2%
Net result drops to €6k, the lowest in the series.
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €23k ▲50.8%
Operating result €31k, net result €23k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Machelen (Brab.) · 1 establishment unit since 2021
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.
Koningin Fabiolalaan 481830 Machelen (Brab.)Ground area
313 m²
Building footprint
78 m²
Volume, LiDAR
519 m³
Parcel 23047C0161/00C004, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ITee
since 20212.316.167.879
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047C0161/00C004 | Flanders | 313 m² | 1 · 78 m² | 9.8 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.
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CAN I KICK IT
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Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 6,914 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
Founded16-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.