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Itema

Active
Private limited companyfounded 20224 yrs activeEmile Verhaerenlaan 1, 8660 De Panne, BelgiumKBO/BCE: BE 0787.422.739
Summary

Itema has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €400,166 and a net result of €124,742. Equity is growing by ~42.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100▲+5
Growth52=
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days acceptable
Liquidity ample (current ratio 5.32 against 3.37 in 2024; short-term debt: 18.8% and cash: 97.1% of total assets), and 18.8% of the assets are financed with debt.
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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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
81.2%
Return on assets
25.3%
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 07-07-2026, 24 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
24 d early
2024
7 d early
2023
27 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Itema was incorporated on 20 June 2022 as a Private limited company.1 Total assets rose from EUR 231,038 in 2023 to EUR 492,832 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€400,166▲ 45.3%
2024 · €275,424
Total assets
€492,832▲ 25.8%
2024 · €391,712
Net result
€124,742▲ 11.5%
2024 · €111,835
Working capital
€400,166▲ 45.3%
2024 · €275,424
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€205,678-€137,713▼ 33.0%€152,320▲ 10.6%
Net result€159,589above the sector's middle half-€111,835above the sector's middle half▼ 29.9%€124,742above the sector's middle half▲ 11.5%
Equity€163,589above the sector's middle half-€275,424above the sector's middle half▲ 68.4%€400,166above the sector's middle half▲ 45.3%
Total assets€231,038within the sector's middle half-€391,712above the sector's middle half▲ 69.5%€492,832above the sector's middle half▲ 25.8%
Debt€67,449-€116,288▲ 72.4%€92,666▼ 20.3%
Working capital€163,589-€275,424▲ 68.4%€400,166▲ 45.3%
Solvency70.8%within the sector's middle half-70.3%within the sector's middle half▼ 0.5pp81.2%above the sector's middle half▲ 10.9pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000Operating result 2023: €205,678€205,678Net result 2023: €159,589€159,589Operating result 2024: €137,713€137,713Net result 2024: €111,835€111,835Operating result 2025: €152,320€152,320Net result 2025: €124,742€124,742202320242025€0€100,000€200,000Operating result 2023: €205,678€206,000Net result 2023: €159,589€160,000Operating result 2024: €137,713€138,000Net result 2024: €111,835€112,000Operating result 2025: €152,320€152,000Net result 2025: €124,742€125,000202320242025
The operating result recovers in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €492,832
Equity €400,166 ▲ 45.3%
Debt €92,666 ▼ 20.3%
Debt's share of the balance-sheet total falls from 29.7% to 18.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
5.32▲
2024 · 3.37
Debt to equity
0.23▼
2024 · 0.42
ROE
31.2%▼
2024 · 40.6%
ROA
25.3%▼
2024 · 28.6%
Debt ≤ 1 year
€92,666▼
2024 · €116,288
Income taxes
€34,959▲
2024 · €30,626
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,126 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 3,126 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 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€391,712€492,832▲
Current assets29/58€391,712€492,832▲
Amounts receivable within one year40/41€12,705€14,399▲
Trade receivables40€12,705€14,399▲
Cash at bank and in hand54/58€379,007€478,433▲
Equity and liabilities
Total equity and liabilities10/49€391,712€492,832▲
Equity10/15€275,424€400,166▲
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14€271,424€396,166▲
Amounts payable17/49€116,288€92,666▼
Amounts payable within one year42/48€116,288€92,666▼
Trade debts44-€16
Suppliers440/4-€16
Taxes, remuneration and social security45€83,580€44,011▼
Taxes450/3€83,580€44,011▼
Other amounts payable47/48€32,708€48,639▲
Income statement Code20242025
Other operating charges640/8-€126
Gross operating margin9900€137,713€152,446▲
Operating profit (loss)9901€137,713€152,320▲
Financial income75/76B€4,782€7,500▲
Recurring financial income75€4,782€7,500▲
Financial charges65/66B€34€119▲
Recurring financial charges65€34€119▲
Profit (loss) for the period before taxes9903€142,461€159,701▲
Income taxes67/77€30,626€34,959▲
Profit (loss) for the period9904€111,835€124,742▲
Profit (loss) for the period to be appropriated9905€111,835€124,742▲
Appropriation of the result
Profit (loss) to be appropriated9906€271,424€396,166▲
Profit (loss) brought forward from the previous period14P€159,589€271,424▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,280---
Other operating charges640/8€115-€126-
Gross operating margin9900€207,073€137,713€152,446▲ 10.7%
Operating profit (loss)9901€205,678€137,713€152,320▲ 10.6%
Financial income75/76B€498€4,782€7,500▲ 56.8%
Recurring financial income75€498€4,782€7,500▲ 56.8%
Financial charges65/66B€37€34€119▲ 250%
Recurring financial charges65€37€34€119▲ 250%
Profit (loss) for the period before taxes9903€206,139€142,461€159,701▲ 12.1%
Income taxes67/77€46,550€30,626€34,959▲ 14.1%
Profit (loss) for the period9904€159,589€111,835€124,742▲ 11.5%
Profit (loss) for the period to be appropriated9905€159,589€111,835€124,742▲ 11.5%
Line202320242025Change
Assets
Total assets20/58€231,038€391,712€492,832▲ 25.8%
Current assets29/58€231,038€391,712€492,832▲ 25.8%
Amounts receivable within one year40/41€7,796€12,705€14,399▲ 13.3%
Trade receivables40€7,796€12,705€14,399▲ 13.3%
Cash at bank and in hand54/58€223,242€379,007€478,433▲ 26.2%
Equity and liabilities
Total equity and liabilities10/49€231,038€391,712€492,832▲ 25.8%
Equity10/15€163,589€275,424€400,166▲ 45.3%
Contributions10/11€4,000€4,000€4,000=
Profit (loss) carried forward14€159,589€271,424€396,166▲ 46.0%
Amounts payable17/49€67,449€116,288€92,666▼ 20.3%
Amounts payable within one year42/48€67,449€116,288€92,666▼ 20.3%
Trade debts44€139-€16-
Suppliers440/4€139-€16-
Taxes, remuneration and social security45€53,897€83,580€44,011▼ 47.3%
Taxes450/3€53,897€83,580€44,011▼ 47.3%
Other amounts payable47/48€13,413€32,708€48,639▲ 48.7%
Line202320242025Change
Profit (loss) for the period9904€159,589€111,835€124,742▲ 11.5%
+ Depreciation and write-downs630€1,280---
Operating cash flow (approximation)€160,869€111,835€124,742▲ 11.5%
Change in cash-€155,765€99,426▼ 36.2%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €111,835 ▼29.9%
Net result drops to €111,835, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €200,000Eq €275,424 ▲68.4%
2 profitable years in a row build equity to €275,424.
04-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, De Panne · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
2,503 m²
Building footprint
511 m²
Volume, LiDAR
11,832 m³
Parcel 38352D0344/00C000, Flanders · tallest building 26.1 m, ±7 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Itema
Emile Verhaerenlaan 1, 8660 De PanneComputer programming, consultancy and related activities
since 20222.332.509.411
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38352D0344/00C000
ProtectedCultural-historical landscapeWesthoekduinenSource ↗
Flanders 2,503 m² 1 · 511 m² 26.1 m · 7 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector, comparable size

Of 3,214 companies in sector 62900 we hold annual accounts for 1,743. 1,171 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
63920Other information service activities
71121Engineering and related technical consultancy, excluding land surveyors
73300Public relations and communication consultancy
95100Repair and maintenance of computers and communication equipment
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
E-invoicing
Reachable via Peppol
Peppol ID 0208:0787422739
Registered 08-04-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.