ITI CONSTRUCT

Active

General partnershipfounded 2021active for 4 yearsRerum Novarumlaan 5, 1700 Dilbeek, BelgiumKBO/BCE: BE 0778.605.538

Summary

The computed 12-month bankruptcy probability of ITI CONSTRUCT is 5.6% (elevated). The latest annual accounts of ITI CONSTRUCT were filed more than 90 days after the deadline. The 2023 annual accounts show equity of €51,144 and a net result of €50,144. Its solvency ranks better than 71% of 1,333 sector peers (NACE 41, financial year 2023). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

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ITI CONSTRUCTActive

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Activity

General construction of residential buildings

NACE 41001

1 site

Size

€814,567turnover 2023

Equity: €51,144
Profit: €50,144

Financial health

Bankruptcy probabilitywithin 12 months: 5.6%

2023 figures too old to score

Structure

Accounts filed 202 days late0 of 2 deeds read

Signalsraises riskLatest accounts 202 days late; 1 of the last 3 lateFigures for financial year 2023 (filed 18-11-2024)Size: turnover €814,567, total assets €102,285Filed more than 90 days latelowers riskLegal form: general partnershipShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: Filed more than 90 days late

Financial strength, FY 2023

Strong

Solvency 75

equity 50.0% of total assets

Liquidity 47

short-term debt 50.0% · cash 17.5%

Profitability 77

return on assets 49.0%

Bankruptcy probability, 12 months

5.6% Elevated

0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,377 companies, NACE 41, micro)

Last 24 months 11-2024: 3.6% 12-2024: 3.2%▼ -0.4 percentage points vs 11-2024 01-2025: 3.2%● unchanged vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.1%▼ -0.1 percentage points vs 02-2025 04-2025: 3.1%● unchanged vs 03-2025 05-2025: 2.9%▼ -0.2 percentage points vs 04-2025lowest value 06-2025: 3.3%▲ +0.4 percentage points vs 05-2025 07-2025: 4.2%▲ +0.9 percentage points vs 06-2025 08-2025: 4.0%▼ -0.2 percentage points vs 07-2025 09-2025: 4.6%▲ +0.6 percentage points vs 08-2025 10-2025: 6.3%▲ +1.7 percentage points vs 09-2025highest value 11-2025: 6.3%● unchanged vs 10-2025highest value 12-2025: 6.1%▼ -0.2 percentage points vs 11-2025 01-2026: 5.7%▼ -0.4 percentage points vs 12-2025 02-2026: 5.7%● unchanged vs 01-2026 03-2026: 5.6%▼ -0.1 percentage points vs 02-2026 04-2026: 5.6%● unchanged vs 03-2026 05-2026: 5.6%● unchanged vs 04-2026 06-2026: 5.6%● unchanged vs 05-2026 07-2026: 5.6%● unchanged vs 06-2026 08-2026: 5.6%● unchanged vs 07-2026 09-2026: 5.6%● unchanged vs 08-2026 10-2026: 5.6%● unchanged vs 09-2026

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Signals

Five signals.

−lowers risk+raises risk

Latest accounts 202 days late; 1 of the last 3 late

NBB · filings

Figures for financial year 2023 (filed 18-11-2024)

NBB · annual accounts

Size: turnover €814,567, total assets €102,285

The company's size counts in the probability; how much depends on the rest of its profile.

NBB · annual accounts

Legal form: general partnership

KBO

Filed more than 90 days late

The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 18-11-2024, 202 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.

NBB · 1 filing

Deviation from the deadline

2023

202 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 202 days after the deadline; the sector median (NACE 41) for financial year 2023 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage