ITG Services
Open bankruptcySummary
A bankruptcy procedure is open for ITG Services according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €203,583 and a net result of €28,028.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Liège, Liège division
- Declared bankrupt
- 19 June 2023
- Supervising judge
- Philippe Greisch
- Official Gazette
- 23-06-2023 (pdf) ↗search the document for 2023/125171
Deadlines
- Appeal or third-party opposition until
- passed on 8 July 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 19 July 2023art. XX.104 and XX.155 CEL
- First verification report
- passed on 3 August 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 19 June 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curators
- Leon LeducPlace De Bronckart 1, 4000 Liege 1l.leduc@avocat.be
- Jean-Luc PaquotAvenue Blonden 33, 4000 Liege 1jl.paquot@avocat.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
30 d late
2018
7 d late
← 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 23 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Business and other management consultancy sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€203,583▲ 16.0%
2020 · €175,555
Total assets
€503,179▲ 4.6%
2020 · €481,261
Net result
€28,028▲ 519%
2020 · €4,528
Working capital
€189,598▲ 51.2%
2020 · €125,380
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line201820202021
Operating result€36,824-€4,328-€29,944▲ 592%
Net result€34,654-€4,528within the sector's middle half-€28,028within the sector's middle half▲ 519%
Equity€162,186-€175,555within the sector's middle half-€203,583within the sector's middle half▲ 16.0%
Total assets€970,072-€481,261within the sector's middle half-€503,179above the sector's middle half▲ 4.6%
Debt€807,886-€305,706-€299,596▼ 2.0%
Working capital€111,332-€125,380-€189,598▲ 51.2%
Solvency16.7%-36.5%within the sector's middle half-40.5%within the sector's middle half▲ 4.0pp
Staff (FTE)1-1within the sector's middle half-1=
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
The operating result rises in 2021; 2021 is 592% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €503,179
Fixed assets
€13,985 ▼ 72.1%
Current assets
€489,194 ▲ 13.5%
Equity and liabilities €503,179
Equity
€203,583 ▲ 16.0%
Debt
€299,596 ▼ 2.0%
Debt's share of the balance-sheet total falls from 63.5% to 59.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.63▲
2020 · 1.41
Quick ratio
1.62▲
2020 · 1.40
Debt to equity
1.47
ROE
13.8%▲
2020 · 2.6%
ROA
5.6%▲
2020 · 0.9%
Debt ≤ 1 year
€299,596▼
2020 · €305,706
Income taxes
€1,909
Staff costs
€61,973
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €61,973 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €342 | €338 | - | - |
| Other operating charges640/8 | - | - | €348 | - |
| Gross operating margin9900 | €87,869 | €67,678 | €92,265 | ▲ 36.3% |
| Operating profit (loss)9901 | €36,824 | €4,328 | €29,944 | ▲ 592% |
| Financial income75/76B | - | - | €487 | - |
| Recurring financial income75 | - | €0 | €487 | ▲ 4,872,200% |
| Non-recurring financial income76B | - | - | €487 | - |
| Financial charges65/66B | - | - | €495 | - |
| Recurring financial charges65 | €1,672 | €289 | €433 | ▲ 50.0% |
| Non-recurring financial charges66B | - | - | €62 | - |
| Profit (loss) for the period before taxes9903 | €35,152 | €4,528 | €29,937 | ▲ 561% |
| Income taxes67/77 | €498 | - | €1,909 | - |
| Profit (loss) for the period9904 | €34,654 | €4,528 | €28,028 | ▲ 519% |
| Profit (loss) for the period to be appropriated9905 | €34,654 | €4,528 | €28,028 | ▲ 519% |
| Line | 2018 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €970,072 | €481,261 | €503,179 | ▲ 4.6% |
| Fixed assets21/28 | €50,854 | €50,175 | €13,985 | ▼ 72.1% |
| Tangible fixed assets22/27 | €36,869 | €36,190 | - | - |
| Financial fixed assets28 | €13,985 | €13,985 | €13,985 | = |
| Current assets29/58 | €919,218 | €431,087 | €489,194 | ▲ 13.5% |
| Stocks and contracts in progress3 | €2,508 | €2,508 | €2,508 | = |
| Stocks30/36 | - | - | €2,508 | - |
| Amounts receivable within one year40/41 | €905,732 | €424,828 | €480,961 | ▲ 13.2% |
| Trade receivables40 | - | - | €397,354 | - |
| Other amounts receivable41 | - | - | €83,607 | - |
| Cash at bank and in hand54/58 | €10,978 | €3,750 | €5,725 | ▲ 52.7% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €970,072 | €481,261 | €503,179 | ▲ 4.6% |
| Equity10/15 | €162,186 | €175,555 | €203,583 | ▲ 16.0% |
| Contributions10/11 | €180,000 | €180,000 | €180,000 | = |
| Capital10 | - | - | €180,000 | - |
| Issued capital100 | - | - | €180,000 | - |
| Reserves13 | €8,000 | €8,000 | €9,401 | ▲ 17.5% |
| Non-distributable reserves130/1 | - | - | €9,401 | - |
| Legal reserve130 | - | - | €9,401 | - |
| Profit (loss) carried forward14 | -€25,814 | -€12,445 | €14,181 | ▲ 214% |
| Amounts payable17/49 | €807,886 | €305,706 | €299,596 | ▼ 2.0% |
| Amounts payable within one year42/48 | €807,886 | €305,706 | €299,596 | ▼ 2.0% |
| Trade debts44 | €420,030 | €176,291 | €171,743 | ▼ 2.6% |
| Suppliers440/4 | - | - | €171,743 | - |
| Advances received on contracts in progress46 | - | - | €40,000 | - |
| Taxes, remuneration and social security45 | - | - | €7,494 | - |
| Taxes450/3 | - | - | €5,279 | - |
| Remuneration and social security454/9 | - | - | €2,215 | - |
| Other amounts payable47/48 | - | - | €80,359 | - |
| Line | 2018 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,654 | €4,528 | €28,028 | ▲ 519% |
| + Depreciation and write-downs630 | €342 | €338 | - | - |
| Operating cash flow (approximation) | €34,995 | €4,866 | €28,028 | ▲ 476% |
| Investment in fixed assets (approximation) | - | - | €36,190 | - |
| Change in cash | - | - | €1,975 | - |
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
2023
23-06
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 19-06-2023
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Equity above €200,000Eq €203,583 ▲16%
3 profitable years in a row build equity to €203,583.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €4,528 ▼86.9%
Net result drops to €4,528, the lowest in the series.
2019
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 18 days late
2015
09-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 29 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
31-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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, Saint-Georges-sur-Meuse · 1 establishment unit since 2003
Ground area
73 m²
Building footprint
57 m²
Volume, LiDAR
399 m³
Parcel 64065B0056/00T002, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
ITG Services
since 20032.133.114.033
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64065B0056/00T002 | Wallonia | 73 m² | 1 · 56 m² | 8.0 m · 2 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | LEON LEDUC PLACE DE BRONCKART 1,
4000 LIEGE 1 |
19-06-2023 → present |
| Curator | JEAN-LUC PAQUOT AVENUE
BLONDEN 33, 4000 LIEGE 1 |
19-06-2023 → present |
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 40,016 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded14-07-2003
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
47761Retail sale of flowers, plants, seeds and fertilisers
70100Activities of head offices
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.