iTEK HASSELT
ActiveiTEK HASSELT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €-80k. Equity is shrinking by ~29% per year across the filed fiscal years. Its solvency ranks better than 41% of 4149 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-6
Solvency54▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.02 against 0.28 in 2024; short-term debt: 67% and cash: 1% of total assets), and 71.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
28.9%
Return on assets
-20.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-80k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
8 d early
2023
30 d late
2022
24 d late
2021
121 d late
2020
8 d early
2019
10 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-80k▼ 61.5%
2024 · €-50k
2018: €65k
2019: €19k
2020: €155k
2021: €97k
2022: €51k
2023: €-29k
2024: €-50k
2018 → 2025
Working capital
€-262k▼ 27.9%
2024 · €-205k
2018: €586k
2019: €629k
2020: €807k
2021: €879k
2022: €-175k
2023: €-175k
2024: €-205k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.35M-€275k▼ 79.6%€246k▼ 10.5%€196k▼ 20.2%€116k▼ 41.0%
Operating result€96k-€62k▼ 36.1%€-19k€-40k▼ 106%€-73k▼ 84.9%
Net result€97k-€51k▼ 47.2%€-29k€-50k▼ 72.6%€-80k▼ 61.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €73k in 2025 against €40k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €401k
Fixed assets
€395k▼ 5.4%
Current assets
€6k▼ 92.0%
Equity and liabilities €401k
Equity
€116k▼ 41.0%
Debt
€285k▼ 5.0%
The debt ratio rises from 60.4% to 71.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-51k▼
2024 · €-17k
Cash flow
€-58k▼
2024 · €-27k
Solvency
28.9%▼
2024 · 39.6%
Current ratio
0.02▼
2024 · 0.28
Quick ratio
0.02▼
2024 · 0.28
Debt / equity
2.46▲
2024 · 1.53
ROE
-69.4%▼
2024 · -25.4%
ROA
-20.1%▼
2024 · -10.0%
Interest coverage
-6.22▼
2024 · -1.35
Debt
€285k▼
2024 · €300k
Debt ≤ 1 year
€268k▼
2024 · €284k
Staff costs
€138k▼
2024 · €142k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€496k€401k▼
Fixed assets21/28€417k€395k▼
Tangible fixed assets22/27€362k€339k▼
Land and buildings22€321k€301k▼
Plant, machinery and equipment23€41k€38k▼
Financial fixed assets28€56k€56k=
Current assets29/58€79k€6k▼
Amounts receivable within one year40/41€75k€2k▼
Trade receivables40€70k€2k▼
Other amounts receivable41€5k€66▼
Cash at bank and in hand54/58€402€4k▲
Deferred charges and accrued income490/1€4k€218▼
Equity and liabilities
Total equity and liabilities10/49€496k€401k▼
Equity10/15€196k€116k▼
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€25k€25k=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Profit (loss) carried forward14€-79k€-159k▼
Amounts payable17/49€300k€285k▼
Amounts payable within one year42/48€284k€268k▼
Current portion of amounts payable after more than one year42€5k-
Financial debts43-€16k
Credit institutions430/8-€16k
Trade debts44€139k€65k▼
Suppliers440/4€139k€65k▼
Advances received on contracts in progress46€955€2k▲
Taxes, remuneration and social security45€34k€39k▲
Taxes450/3€8k€9k▲
Remuneration and social security454/9€25k€30k▲
Other amounts payable47/48€106k€147k▲
Accrued charges and deferred income492/3€16k€17k▲
Income statement
Code20242025
Non-recurring operating income76A€12k€20k▲
Remuneration, social security and pensions62€142k€138k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€127k€89k▼
Operating profit (loss)9901€-40k€-73k▼
Financial income75/76B€3k€1k▼
Recurring financial income75€3k€1k▼
Financial charges65/66B€13k€8k▼
Recurring financial charges65€13k€8k▼
Profit (loss) for the period before taxes9903€-50k€-80k▼
Profit (loss) for the period9904€-50k€-80k▼
Profit (loss) for the period to be appropriated9905€-50k€-80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-79k€-159k▼
Profit (loss) brought forward from the previous period14P€-29k€-79k▼
Social balance
Average headcount (FTE)90875.03.6▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-80k
Net result drops to €-80k, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 121 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €155k ▲712%
Operating result €208k, net result €155k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 10.02
Current ratio from 3.61 to 10.02; short-term debt falls from €241k to €89k.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Bocholt · 1 establishment unit since 2006
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.
Industrieweg 33950 BocholtGround area
2.7 ha
Building footprint
1.4 ha
Volume, LiDAR
39,746 m³
2 parcels, Flanders · tallest building 21.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
iTEK Hasselt
since 20062.153.744.844
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322B0557/00D002 | Flanders | 1.4 ha | 1 · 4,439 m² | - |
| 72016A0002/00Y002 | Flanders | 1.3 ha | 1 · 9,346 m² | 21.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 50,400 EUR awarded · 50,400 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 8,903 EUR | 8,903 EUR |
| 2024 | 1 | 12,916 EUR | 12,916 EUR |
| 2023 | 1 | 14,874 EUR | 14,874 EUR |
| 2022 | 1 | 13,707 EUR | 13,707 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.153.744.844
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
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VERSCHUEREN
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Hoogstraten · Eq €113k
Of 1,128 companies in sector 47830 we hold annual accounts for 468. 385 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-04-2006
Fiscal year end31-12
Activities, NACEBEL
45402
47632Retail sale of bicycles
47785Retail trade
47830Retail sale of motorcycles and motorcycle parts and accessories
50400Inland freight water transport
52492
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52421
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.