IThical
ActiveSummary
IThical has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €12k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+21
Solvency100▲+6
Growth52=
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 5.31 against 3.19 in 2024; short-term debt: 18.4% and cash: 86.1% of total assets), and 18.4% of the assets are financed with debt.
Credit check for your own amount and term
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
Sector 62
lower
← 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 dateAge against the risk zone
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
81.6%
Return on assets
26.8%
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 11-06-2026, 50 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
50 d early
2024
49 d early
2023
1 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€35k▲ 49.0%
2024 · €24k
2023: €21k
2024: €24k
2023 → 2025
Total assets
€43k▲ 26.6%
2024 · €34k
2023: €31k
2024: €34k
2023 → 2025
Net result
€12k▲ 299%
2024 · €3k
2023: €18k
2024: €3k
2023 → 2025
Working capital
€34k▲ 49.8%
2024 · €23k
2023: €19k
2024: €23k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€21k-€24k▲ 14.0%€35k▲ 49.0%
Operating result€24k-€5k▼ 79.2%€15k▲ 195%
Net result€18k-€3k▼ 84.1%€12k▲ 299%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 195% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets
€958 ▲ 17.4%
Current assets
€42k ▲ 26.8%
Equity and liabilities €43k
Equity
€35k ▲ 49.0%
Debt
€8k ▼ 24.1%
Debt's share of the balance-sheet total falls from 30.7% to 18.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▲
2024 · €6k
Cash flow
€12k▲
2024 · €4k
Current ratio
5.31▲
2024 · 3.19
Debt to equity
0.23▼
2024 · 0.44
ROE
32.9%▲
2024 · 12.3%
ROA
26.8%▲
2024 · 8.5%
Interest coverage
104.01▼
2024 · 195.82
Debt ≤ 1 year
€8k▼
2024 · €10k
Income taxes
€3k▲
2024 · €2k
Staff costs
€250▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€34k€43k▲
Fixed assets21/28€816€958▲
Tangible fixed assets22/27€816€958▲
Furniture and vehicles24€816€958▲
Current assets29/58€33k€42k▲
Amounts receivable within one year40/41€7k€243▼
Trade receivables40€7k-
Other amounts receivable41-€243
Cash at bank and in hand54/58€22k€37k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€34k€43k▲
Equity10/15€24k€35k▲
Contributions10/11€3k€3k=
Reserves13€3k€14k▲
Distributable reserves133€3k€14k▲
Profit (loss) carried forward14€18k€18k=
Amounts payable17/49€10k€8k▼
Amounts payable within one year42/48€10k€8k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€6k€6k▼
Other amounts payable47/48€545-
Accrued charges and deferred income492/3€56-
Income statement
Code20242025
Remuneration, social security and pensions62€5k€250▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€816€899▲
Other operating charges640/8€193€978▲
Gross operating margin9900€11k€17k▲
Operating profit (loss)9901€5k€15k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€30€152▲
Recurring financial charges65€30€152▲
Profit (loss) for the period before taxes9903€5k€15k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€3k€12k▲
Profit (loss) for the period to be appropriated9905€3k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€30k▲
Profit (loss) brought forward from the previous period14P€18k€18k=
Transfer to equity691/2€3k€12k▲
To other reserves6921€3k€12k▲
The notes to these accounts (5 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
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €3k ▼84.1%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
30-07
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 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, Turnhout · 1 establishment unit since 2022
Ground area
331 m²
Building footprint
105 m²
Volume, LiDAR
780 m³
Parcel 13040C0840/00H006, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IThical
since 20222.339.100.758
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13040C0840/00H006 | Flanders | 331 m² | 1 · 105 m² | 10.6 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500OPDLOUNVV7J057
Similar companies · same sector, comparable size
EVERYTHING OPS
BE 1026.327.702
Awans · Eq €35,165
AVERTIS
BE 0842.440.842
Chaumont-Gistoux · Eq €35,163
Vanisol
BE 0687.590.141
Waregem · Eq €35,167
PEAK SOURCING
BE 0846.440.608
Brussel · Eq €35,162
INSPI-RED
BE 0719.596.973
Eghezée · Eq €35,160
Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,694 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.ithical.be
E-mail:info@ithical.be