ITELK
ActiveITELK has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €79k and a net result of €36k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 26% of 16974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+2
Solvency52▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.95 against 3.02 in 2024; short-term debt: 18.9% and cash: 30.8% of total assets), but 72.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.4%
Return on assets
12.5%
Age of the figures
9 mo
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 18-05-2026, 74 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
74 d early
2024
127 d early
2023
49 d early
2022
12 d early
2021
52 d early
2020
39 d early
2019
22 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€79k▼ 22.9%
2024 · €103k
2018: €40k
2019: €63k
2020: €80k
2021: €108k
2022: €124k
2023: €124k
2024: €103k
2018 → 2025
Total assets
€288k▼ 0.7%
2024 · €290k
2018: €271k
2019: €280k
2020: €303k
2021: €318k
2022: €322k
2023: €331k
2024: €290k
2018 → 2025
Net result
€36k▲ 14.3%
2024 · €32k
2018: €21k
2019: €24k
2020: €18k
2021: €29k
2022: €16k
2023: €18k
2024: €32k
2018 → 2025
Working capital
€52k▼ 43.7%
2024 · €92k
2018: €34k
2019: €60k
2020: €78k
2021: €87k
2022: €103k
2023: €108k
2024: €92k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€124k▲ 14.4%€124k=€103k▼ 17.2%€79k▼ 22.9%
Operating result€47k-€25k▼ 46.8%€27k▲ 7.7%€44k▲ 62.7%€51k▲ 15.6%
Net result€29k-€16k▼ 43.4%€18k▲ 7.3%€32k▲ 79.8%€36k▲ 14.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 16% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €288k
Fixed assets
€182k▲ 19.4%
Current assets
€106k▼ 22.8%
Equity and liabilities €288k
Equity
€79k▼ 22.9%
Debt
€209k▲ 11.4%
The debt ratio rises from 64.7% to 72.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€69k▲
2024 · €58k
Cash flow
€54k▲
2024 · €46k
Solvency
27.4%▼
2024 · 35.3%
Current ratio
1.95▼
2024 · 3.02
Quick ratio
1.95▼
2024 · 3.02
Debt / equity
2.65▲
2024 · 1.83
ROE
45.6%▲
2024 · 30.8%
ROA
12.5%▲
2024 · 10.9%
Interest coverage
15.11▲
2024 · 13.63
Debt
€209k▲
2024 · €188k
Debt ≤ 1 year
€54k▲
2024 · €46k
Debt > 1 year
€155k▲
2024 · €142k
Income taxes
€11k▲
2024 · €9k
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€290k€288k▼
Fixed assets21/28€152k€182k▲
Tangible fixed assets22/27€152k€182k▲
Land and buildings22€143k€151k▲
Furniture and vehicles24€9k€31k▲
Financial fixed assets28€25€25=
Current assets29/58€138k€106k▼
Amounts receivable within one year40/41€30k€16k▼
Trade receivables40€12k€16k▲
Other amounts receivable41€19k€39▼
Cash at bank and in hand54/58€106k€89k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€290k€288k▼
Equity10/15€103k€79k▼
Contributions10/11€19k€19k=
Reserves13€84k€61k▼
Distributable reserves133€84k€61k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€188k€209k▲
Amounts payable after more than one year17€142k€155k▲
Financial debts170/4€142k€155k▲
Amounts payable within one year42/48€46k€54k▲
Current portion of amounts payable after more than one year42€9k€15k▲
Trade debts44€102€227▲
Suppliers440/4€102€227▲
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€5k€7k▲
Other amounts payable47/48€32k€32k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€18k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€60k€74k▲
Operating profit (loss)9901€44k€51k▲
Financial income75/76B€428€416▼
Recurring financial income75€428€416▼
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€40k€47k▲
Income taxes67/77€9k€11k▲
Profit (loss) for the period9904€32k€36k▲
Profit (loss) for the period to be appropriated9905€32k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€36k▲
Transfer from equity791/2€21k€23k▲
Profit to be distributed694/7€53k€60k▲
Return on contributions (dividend)694€53k€60k▲
The notes to these accounts (14 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
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €36k ▲14.3%
Operating result €51k, net result €36k, both a record.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €16k ▼43.4%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €108k ▲35.1%
4 profitable years in a row build equity to €108k.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Menen · 1 establishment unit since 2017
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.
Leopold Sabbestraat 788930 MenenGround area
350 m²
Building footprint
109 m²
Volume, LiDAR
649 m³
Parcel 34024C0194/00Z000, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ITELK
since 20172.262.814.317
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024C0194/00Z000 | Flanders | 350 m² | 1 · 109 m² | 10.9 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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Of 29,996 companies in sector 62200 we hold annual accounts for 18,390. 15,598 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2017
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
26200Manufacture of computer, electronic and optical products
47400Retail sale of information and communication equipment
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.