ITEMS
ActiveSummary
ITEMS has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €650,774 and a net result of €60,025. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 44% of 12,578 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Staff
- 0.9 FTE
- Equity
- €650,774
- Profit
- €60,025
- Holdings
- 1
Why 88raises riskLatest accounts 59 days late; 2 of the last 3 latelowers riskFounded in 1994Size: 0.9 FTE, total assets €2.1mLiquidity: current ratio 0.87, cash €337,403Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 47% on solvency, 56% on liquidity, 56% on profitability and 61% on growth.
The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 55 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Equity above €500,000equity €590,749 ▲21.5%
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (59 days) Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00527609.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 30% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 17,042 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €12,644 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €54,040 | €58,195 | €63,854 | €56,911 | €30,057 | ▼ 47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,133 | €10,384 | €10,294 | €1,575 | €11,594 | €33,508 | €37,827 | €96,069 | ▲ 154% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €14,873 | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €3,626 | -€313 | -€732 | -€2,466 | €2,357 | - |
| Other operating charges640/8 | - | - | - | €2,705 | €2,167 | €3,521 | €4,556 | €10,334 | ▲ 127% |
| Non-recurring operating charges66A | - | - | - | - | €22,770 | - | €4,087 | €0 | ▼ 100% |
| Gross operating margin9900 | €146,431 | €198,619 | €115,413 | €163,917 | €274,960 | €178,437 | €267,574 | €256,128 | ▼ 4.3% |
| Operating profit (loss)9901 | €82,360 | €129,293 | €65,045 | €101,971 | €165,675 | €78,286 | €166,659 | €117,311 | ▼ 29.6% |
| Financial income75/76B | - | - | - | €251 | €3,119 | €4,231 | €1,235 | €875 | ▼ 29.1% |
| Recurring financial income75 | €131 | €394 | €102 | €251 | €3,119 | €4,231 | €1,235 | €875 | ▼ 29.1% |
| Financial charges65/66B | - | - | - | €3,474 | €3,534 | €18,422 | €16,144 | €22,871 | ▲ 41.7% |
| Recurring financial charges65 | €7,819 | €4,922 | €4,911 | €3,474 | €3,534 | €18,422 | €16,144 | €22,871 | ▲ 41.7% |
| Profit (loss) for the period before taxes9903 | €74,672 | €124,765 | €60,237 | €98,748 | €165,260 | €64,095 | €151,749 | €95,314 | ▼ 37.2% |
| Income taxes67/77 | €23,416 | €41,602 | €17,716 | €31,797 | €54,353 | €23,150 | €47,326 | €35,290 | ▼ 25.4% |
| Profit (loss) for the period9904 | €51,256 | €83,163 | €42,521 | €66,951 | €110,907 | €40,945 | €104,423 | €60,025 | ▼ 42.5% |
| Profit (loss) for the period to be appropriated9905 | €51,256 | €83,163 | €42,521 | €66,951 | €110,907 | €40,945 | €104,423 | €60,025 | ▼ 42.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.6m | €0.5m | €0.7m | €0.8m | €2.0m | €1.9m | €1.8m | €2.1m | ▲ 15.2% |
| Fixed assets21/28 | €0.04m | €0.04m | €0.03m | €0.1m | €1.3m | €1.4m | €1.4m | €1.4m | ▲ 0.8% |
| Tangible fixed assets22/27 | €0.04m | €0.04m | €0.03m | €0.002m | €1.0m | €1.0m | €1.2m | €1.2m | ▲ 0.2% |
| Land and buildings22 | - | - | - | - | €0.9m | €0.9m | €1.2m | €1.2m | ▲ 1.0% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | €0.09m | €0.08m | €0.07m | €0.06m | ▼ 14.3% |
| Furniture and vehicles24 | - | - | - | €218 | - | - | - | - | - |
| Financial fixed assets28 | €0.002m | €0.002m | €0.002m | €0.1m | €0.3m | €0.4m | €0.1m | €0.2m | ▲ 6.3% |
| Current assets29/58 | €0.5m | €0.5m | €0.6m | €0.7m | €0.7m | €0.5m | €0.5m | €0.7m | ▲ 58.5% |
| Stocks and contracts in progress3 | €0.3m | €0.3m | €0.4m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.9% |
| Stocks30/36 | - | - | - | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 2.9% |
| Amounts receivable within one year40/41 | €0.1m | €0.09m | €0.09m | €0.1m | €0.2m | €0.04m | €0.07m | €0.2m | ▲ 148% |
| Trade receivables40 | - | - | - | €0.05m | €0.1m | €0.03m | €0.04m | €0.1m | ▲ 237% |
| Other amounts receivable41 | - | - | - | €0.08m | €0.03m | €0.008m | €0.03m | €0.03m | ▲ 6.1% |
| Cash at bank and in hand54/58 | €0.05m | €0.08m | €0.2m | €0.3m | €0.2m | €0.3m | €0.2m | €0.3m | ▲ 105% |
| Deferred charges and accrued income490/1 | - | - | - | €0.003m | €0.001m | €0.001m | €0.002m | €0.001m | ▼ 19.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.6m | €0.5m | €0.7m | €0.8m | €2.0m | €1.9m | €1.8m | €2.1m | ▲ 15.2% |
| Equity10/15 | €0.1m | €0.2m | €0.3m | €0.3m | €0.4m | €0.5m | €0.6m | €0.7m | ▲ 10.2% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.1m | €0.2m | €0.2m | €0.3m | €0.4m | €0.5m | €0.6m | €0.6m | ▲ 10.5% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Distributable reserves133 | - | - | - | €0.3m | €0.4m | €0.5m | €0.6m | €0.6m | ▲ 10.5% |
| Provisions and deferred taxes16 | €0.008m | €0.008m | €0.008m | €0.01m | €0.01m | €0.01m | €0.008m | €0.01m | ▲ 29.6% |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | - | - | €0.01m | - |
| Other liabilities and charges164/5 | - | - | - | - | - | - | - | €0.01m | - |
| Deferred taxes168 | - | - | - | €0.01m | €0.01m | €0.01m | €0.008m | - | - |
| Amounts payable17/49 | €0.4m | €0.3m | €0.4m | €0.5m | €1.5m | €1.4m | €1.2m | €1.4m | ▲ 17.6% |
| Amounts payable after more than one year17 | €0.05m | €0.04m | €0.04m | €0.03m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 11.2% |
| Financial debts170/4 | - | - | - | - | €0.4m | €0.3m | €0.4m | €0.3m | ▼ 12.2% |
| Other amounts payable178/9 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Amounts payable within one year42/48 | €0.2m | €0.1m | €0.2m | €0.2m | €0.9m | €0.8m | €0.6m | €0.8m | ▲ 35.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.004m | €0.03m | €0.04m | €0.04m | €0.04m | ▲ 3.8% |
| Trade debts44 | €0.1m | €0.04m | €0.05m | €0.04m | €0.09m | €0.02m | €0.06m | €0.006m | ▼ 89.8% |
| Suppliers440/4 | - | - | - | €0.04m | €0.09m | €0.02m | €0.06m | €0.006m | ▼ 89.8% |
| Advances received on contracts in progress46 | - | - | - | €0.001m | €0.001m | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.07m | €0.08m | €0.05m | €0.04m | €0.04m | ▼ 6.1% |
| Taxes450/3 | - | - | - | €0.07m | €0.07m | €0.04m | €0.04m | €0.04m | ▼ 4.9% |
| Remuneration and social security454/9 | - | - | - | €0.007m | €0.007m | €0.008m | €0.001m | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €0.09m | €0.7m | €0.7m | €0.5m | €0.7m | ▲ 59.3% |
| Accrued charges and deferred income492/3 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | ▲ 18.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.05m | €0.08m | €0.04m | €0.07m | €0.1m | €0.04m | €0.1m | €0.06m | ▼ 42.5% |
| + Depreciation and write-downs630 | €0.009m | €0.01m | €0.01m | €0.002m | €0.01m | €0.03m | €0.04m | €0.1m | ▲ 154% |
| Operating cash flow (approximation) | €0.06m | €0.09m | €0.05m | €0.07m | €0.1m | €0.07m | €0.1m | €0.2m | ▲ 9.7% |
| Investment in fixed assets (approximation) | - | -€0.005m | €0 | -€0.08m | -€1.2m | -€0.07m | -€0.03m | -€0.1m | ▼ 224% |
| Change in cash | - | €0.03m | €0.1m | €0.06m | -€0.01m | €0.05m | -€0.1m | €0.2m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-09-2026 | 2026-00527609 |
| 31-12-2024 | abbreviated format | 30-09-2025 | 2025-00521411 |
| 31-12-2023 | abbreviated format | 12-07-2024 | 2024-00240829 |
| 31-12-2022 | abbreviated format | 31-08-2023 | 2023-00391001 |
| 31-12-2021 | abbreviated format | 10-10-2022 | 2022-20456698 |
| 31-12-2020 | abbreviated format | 30-09-2021 | 2021-69200284 |
| 31-12-2019 | abbreviated format | 30-11-2020 | 2020-72600281 |
| 31-12-2018 | abbreviated format | 12-08-2019 | 2019-45800359 |
| 31-12-2017 | abbreviated format | 31-08-2018 | 2018-54900465 |
| 31-12-2016 | abbreviated format | 25-07-2017 | 2017-34600345 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
- CocagneFRSourceown accounts 202333.33%
According to the 2023 annual accounts of ITEMS and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
No directors read yet: 0 of 1 Gazette act processed.
History
Acts, filings and financial milestones
Show earlier events
About the unread acts
We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 20 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31332E0101/00_000 | Flanders | 159 m² | 1 · 133 m² | 21.4 m · 7 |