ITF Group
ActiveSummary
ITF Group has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41,529 and a net result of €586. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 50% of 18537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-7
Solvency59▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.64 in 2024; short-term debt: 64.2% and cash: 8.6% of total assets), and 65.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
19 d late
2023
42 d late
2022
14 d late
2021
30 d late
2020
193 d late
2019
79 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€586▼ 87.7%
2024 · €4,777
Working capital
€33,265▼ 15.0%
2024 · €39,117
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20212022202320242025
Operating result€28,701€10,146▼ 64.6%€9,027▼ 11.0%€8,164▼ 9.6%€7,777▼ 4.7%
Net result€26,880within the sector's middle half€9,234within the sector's middle half▼ 65.6%-€3within the sector's middle half€4,777within the sector's middle half€586within the sector's middle half▼ 87.7%
Equity€26,935below the sector's middle half▲ 49,650%€36,169below the sector's middle half▲ 34.3%€36,166within the sector's middle half=€40,943within the sector's middle half▲ 13.2%€41,529within the sector's middle half▲ 1.4%
Total assets€65,813below the sector's middle half▲ 58,999%€140,178below the sector's middle half▲ 113%€181,495within the sector's middle half▲ 29.5%€117,206within the sector's middle half▼ 35.4%€121,598within the sector's middle half▲ 3.7%
Debt€38,878▲ 67,845%€104,009▲ 168%€145,329▲ 39.7%€76,263▼ 47.5%€80,069▲ 5.0%
Working capital€23,935▲ 44,109%€63,169▲ 164%€44,379▼ 29.7%€39,117▼ 11.9%€33,265▼ 15.0%
Solvency40.9%within the sector's middle half25.8%within the sector's middle half▼ 15.1pp19.9%within the sector's middle half▼ 5.9pp34.9%within the sector's middle half▲ 15.0pp34.2%within the sector's middle half▼ 0.8pp
Staff (FTE)1.51.8▲ 20.0%1.8=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 5% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121,598
Fixed assets
€10,289 ▼ 38.9%
Current assets
€111,309 ▲ 10.9%
Equity and liabilities €121,598
Equity
€41,529 ▲ 1.4%
Debt
€80,069 ▲ 5.0%
Debt's share of the balance-sheet total rises from 65.1% to 65.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14,325▲
2024 · €13,024
Cash flow
€7,134▼
2024 · €9,637
Current ratio
1.43▼
2024 · 1.64
Quick ratio
1.17▼
2024 · 1.36
Debt to equity
1.93▲
2024 · 1.86
ROE
1.4%▼
2024 · 11.7%
ROA
0.5%▼
2024 · 4.1%
Interest coverage
5.71▼
2024 · 7.04
Debt ≤ 1 year
€78,044▲
2024 · €61,253
Debt > 1 year
€2,025▼
2024 · €15,010
Income taxes
€4,699▲
2024 · €1,853
Staff costs
€77,393▲
2024 · €47,337
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 16,986 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €34,510 | €43,155 | €47,337 | €77,393 | ▲ 63.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,087 | €4,860 | €6,548 | ▲ 34.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €20,000 | - | - | - | - |
| Other operating charges640/8 | - | €11 | €355 | €1,210 | €1,665 | ▲ 37.6% |
| Gross operating margin9900 | €45,260 | €64,667 | €53,625 | €61,571 | €93,383 | ▲ 51.7% |
| Operating profit (loss)9901 | €28,701 | €10,146 | €9,027 | €8,164 | €7,777 | ▼ 4.7% |
| Financial income75/76B | - | - | €155 | €315 | €143 | ▼ 54.8% |
| Recurring financial income75 | - | - | €155 | €315 | €143 | ▼ 54.8% |
| Financial charges65/66B | - | €271 | €2,360 | €1,849 | €2,635 | ▲ 42.5% |
| Recurring financial charges65 | €60 | €271 | €2,360 | €1,849 | €2,510 | ▲ 35.7% |
| Non-recurring financial charges66B | - | - | - | - | €125 | - |
| Profit (loss) for the period before taxes9903 | €28,640 | €9,875 | €6,822 | €6,630 | €5,285 | ▼ 20.3% |
| Income taxes67/77 | €1,760 | €641 | €6,825 | €1,853 | €4,699 | ▲ 154% |
| Profit (loss) for the period9904 | €26,880 | €9,234 | -€3 | €4,777 | €586 | ▼ 87.7% |
| Profit (loss) for the period to be appropriated9905 | €26,880 | €9,234 | -€3 | €4,777 | €586 | ▼ 87.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €65,813 | €140,178 | €181,495 | €117,206 | €121,598 | ▲ 3.7% |
| Fixed assets21/28 | €3,000 | €3,000 | €6,516 | €16,837 | €10,289 | ▼ 38.9% |
| Intangible fixed assets21 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Tangible fixed assets22/27 | - | - | €3,516 | €13,837 | €7,289 | ▼ 47.3% |
| Plant, machinery and equipment23 | - | - | €3,516 | €1,982 | €447 | ▼ 77.4% |
| Furniture and vehicles24 | - | - | - | €11,855 | €6,842 | ▼ 42.3% |
| Current assets29/58 | €62,813 | €137,178 | €174,979 | €100,369 | €111,309 | ▲ 10.9% |
| Stocks and contracts in progress3 | €28,795 | €8,795 | €12,555 | €16,910 | €20,265 | ▲ 19.8% |
| Stocks30/36 | - | €8,795 | €12,555 | €16,910 | €20,265 | ▲ 19.8% |
| Amounts receivable within one year40/41 | €23,104 | €85,622 | €134,455 | €75,426 | €80,624 | ▲ 6.9% |
| Trade receivables40 | - | €84,320 | €126,165 | €71,967 | €67,564 | ▼ 6.1% |
| Other amounts receivable41 | - | €1,302 | €8,290 | €3,459 | €13,060 | ▲ 278% |
| Cash at bank and in hand54/58 | €10,914 | €42,761 | €27,969 | €8,033 | €10,420 | ▲ 29.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €65,813 | €140,178 | €181,495 | €117,206 | €121,598 | ▲ 3.7% |
| Equity10/15 | €26,935 | €36,169 | €36,166 | €40,943 | €41,529 | ▲ 1.4% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | - | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | - | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | €1,859 | - | - | - |
| Profit (loss) carried forward14 | €6,483 | €15,718 | €15,714 | €20,492 | €21,078 | ▲ 2.9% |
| Amounts payable17/49 | €38,878 | €104,009 | €145,329 | €76,263 | €80,069 | ▲ 5.0% |
| Amounts payable after more than one year17 | - | €30,000 | €14,729 | €15,010 | €2,025 | ▼ 86.5% |
| Financial debts170/4 | - | €30,000 | €14,729 | €15,010 | €2,025 | ▼ 86.5% |
| Amounts payable within one year42/48 | €38,878 | €74,009 | €130,601 | €61,253 | €78,044 | ▲ 27.4% |
| Current portion of amounts payable after more than one year42 | - | - | €7,424 | €13,111 | €12,975 | ▼ 1.0% |
| Trade debts44 | €28,586 | €59,158 | €114,455 | €36,169 | €49,064 | ▲ 35.7% |
| Suppliers440/4 | - | €59,158 | €114,455 | €36,169 | €49,064 | ▲ 35.7% |
| Taxes, remuneration and social security45 | - | €6,360 | €8,722 | €11,972 | €16,004 | ▲ 33.7% |
| Taxes450/3 | - | €6,066 | €6,765 | €8,859 | €8,191 | ▼ 7.5% |
| Remuneration and social security454/9 | - | €294 | €1,957 | €3,113 | €7,814 | ▲ 151% |
| Other amounts payable47/48 | - | €8,490 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,880 | €9,234 | -€3 | €4,777 | €586 | ▼ 87.7% |
| + Depreciation and write-downs630 | - | - | €1,087 | €4,860 | €6,548 | ▲ 34.7% |
| Operating cash flow (approximation) | €26,880 | €9,234 | €1,084 | €9,637 | €7,134 | ▼ 26.0% |
| Investment in fixed assets (approximation) | - | €0 | -€4,603 | -€15,181 | €0 | ▲ 100% |
| Change in cash | - | €31,847 | -€14,792 | -€19,936 | €2,387 | ▲ 112% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
19-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
31-03
Financial
Back to profitnet €4,777
Net result €4,777 after one loss-making year.
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 14 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
12-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 193 days late
31-03
Financial
Highest result since 2019net €26,880
Operating result €28,701, net result €26,880, both a record.
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
12-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
17-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Sint-Gillis (bij-Brussel) · 2 establishment units since 1983
Ground area
192 m²
Building footprint
75 m²
Volume, LiDAR
981 m³
2 parcels, Brussels · tallest building 18.1 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
BIG FESTA
since 19832.165.085.827
BIG FESTA BARRIERE
since 20182.275.303.462
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0417/00X016 | Brussels | 112 m² | - | - |
| 21562A0191/00T006 | Brussels | 80 m² | 1 · 75 m² | 18.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Gillis2.275.303.462
Similar companies · same sector, comparable size
DAR.DISCOUNT
BE 0687.769.788
Anderlecht · Eq €41,530
THELMA INVEST
BE 0827.475.128
Oreye · Eq €41,519
MD 2010
BE 0828.455.125
Braine-le-Comte · Eq €41,546
NSLB
BE 0670.967.410
Lummen · Eq €41,565
AL GH'RIB
BE 0865.226.439
Brussel · Eq €41,570
Of 10,510 companies in sector 47110 we hold annual accounts for 5,853. 4,577 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
Founded13-09-1983
Fiscal year end31-03
Activities, NACEBEL 2025
46499Wholesale of other household goods
47110Non-specialised retail sale with food, beverages or tobacco predominating
46190Agents in non-specialised wholesale trade
47559Retail sale of other household articles
70200Business and other management consultancy
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0424518124
Also
9925:BE0424518124
Registered
30-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.