ITIMIZE
ActiveSummary
ITIMIZE has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,643 and a net result of €29,288. Its solvency ranks better than 61% of 21,110 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €44,643
- Profit
- €29,288
Why 97raises riskFounded in 2024lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 3.42, cash €43,451Equity €44,643 (70.0% of total assets)Show the evidence
Checked score
Fewer than 1 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 62, micro): better than 63% on solvency, 73% on liquidity, 82% on profitability and 94% on growth.
The bankruptcy probability was computed on 29-10-2026 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 2 accounts on average 25 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Registered officeRegistered-office move · Director in…
Financials · financial year 2025, micro format
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 99% above 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.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: 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).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,445 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% | 0.9% |
| 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 39,278 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 | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | - | €128 | - |
| Gross operating margin9900 | €20,653 | €41,127 | ▲ 99.1% |
| Operating profit (loss)9901 | €20,653 | €40,999 | ▲ 98.5% |
| Financial income75/76B | - | €3 | - |
| Recurring financial income75 | - | €3 | - |
| Financial charges65/66B | €1,820 | €1,803 | ▼ 0.9% |
| Recurring financial charges65 | €1,820 | €1,803 | ▼ 0.9% |
| Profit (loss) for the period before taxes9903 | €18,833 | €39,199 | ▲ 108% |
| Income taxes67/77 | €4,786 | €9,911 | ▲ 107% |
| Profit (loss) for the period9904 | €14,047 | €29,288 | ▲ 109% |
| Profit (loss) for the period to be appropriated9905 | €14,047 | €29,288 | ▲ 109% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €31,872 | €63,752 | ▲ 100% |
| Current assets29/58 | €31,872 | €63,752 | ▲ 100% |
| Amounts receivable within one year40/41 | €2,420 | €19,545 | ▲ 708% |
| Trade receivables40 | €2,420 | €19,360 | ▲ 700% |
| Other amounts receivable41 | - | €185 | - |
| Cash at bank and in hand54/58 | €20,260 | €43,451 | ▲ 114% |
| Deferred charges and accrued income490/1 | €9,193 | €757 | ▼ 91.8% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €31,872 | €63,752 | ▲ 100% |
| Equity10/15 | €16,188 | €44,643 | ▲ 176% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €13,188 | €41,643 | ▲ 216% |
| Distributable reserves133 | €13,188 | €41,643 | ▲ 216% |
| Profit (loss) carried forward14 | €0 | €0 | - |
| Amounts payable17/49 | €15,684 | €19,109 | ▲ 21.8% |
| Amounts payable within one year42/48 | €14,034 | €18,657 | ▲ 32.9% |
| Trade debts44 | €1,196 | €884 | ▼ 26.1% |
| Suppliers440/4 | €1,196 | €884 | ▼ 26.1% |
| Taxes, remuneration and social security45 | €12,236 | €16,941 | ▲ 38.4% |
| Taxes450/3 | €10,309 | €15,015 | ▲ 45.6% |
| Remuneration and social security454/9 | €1,927 | €1,926 | ▼ 0.1% |
| Other amounts payable47/48 | €601 | €833 | ▲ 38.5% |
| Accrued charges and deferred income492/3 | €1,650 | €452 | ▼ 72.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €14,047 | €29,288 | ▲ 109% |
| Operating cash flow (approximation) | €14,047 | €29,288 | ▲ 109% |
| Change in cash | - | €23,191 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 13-07-2026 | 2026-00286130 |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00210643 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2025 · 1 entry · €897 awarded · €897 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Geldof Tim |
|
Owners and capital
Capital and shareholders
- Geldof Tim 120 shares (100%) · €3,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 15-04-2024 Incorporation · €3,000 · 120 shares
Group and network
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateHistory
Acts, filings and financial milestones
15-07
Gazette deed
Registered officeRegistered-office move · Director in office3 facts ▸
- Board meeting, 11-06-2024
- Registered-office move, Gampelaeredreef 2 bus 0101,9800 Astene
- Director in office, Tim Geldof (director)
15-04
Gazette deed
IncorporationAppointment: Geldof Tim (director) · Registered office clause · Pre-incorporation commitments7 facts ▸
- Registered office clause, “9000 Gent,Prinses Clementinalaan 119” (deed in Dutch)
- Pre-incorporation commitments, “takeover, verbintenissen in naam van vennootschap in oprichting” (deed in Dutch)
- Director appointment, Geldof Tim (director (not named in the articles))
- Other provision, “vereniging van alle aandelen in één hand, in vennootschapsdossier neergelegd dat alle aandelen in één hand zijn verenigd” (deed in Dutch)
- Incorporation, 09-04-2024
- Founder, Geldof Tim
- Founding capital, €3,000
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 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
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44004B0434/00L006 | Flanders | 1,675 m² | 1 · 582 m² | 19.2 m |
| 36494D0808/00K000 | Flanders | 407 m² | 1 · 144 m² | 4.1 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het verlenen van advies en bijstand,het uitvoeren van studies en opdrachten,het aanbieden van oplossingen,als tussenpersoon of…” (deed in Dutch)
13 activities (deed in Dutch)
- Het verlenen van advies en bijstand,het uitvoeren van studies en opdrachten,het aanbieden van oplossingen,als tussenpersoon of rechtstreeks,exclusief of in samenwerkingsverband - betreffende,management,communicatie,human ressources,sales en marketing,financieringen en overheidstegemoetkomingen,alle domeinen die gepaard gaan met het opstarten,acquisities,overnames,fusies en splitsingen,herstructureringen,aan- en verkopen,huur en onderhuur,exploitatie,leasing en franchising en het overlaten of overdragen daarvan - vrijwillig of gedwongen - van ondernemingen,handelsfondsen,vennootschappen,bedrijfstakken,productie-eenheden,gebouwen en uitrustingsgoederen,al dan niet industrieel,gronden,landerijen,domeinen en alle roerende en onroerende goederen,in België of in het buitenland,dit alles in de ruimste zin. Dit omvat het verstrekken van adviezen,het aanraden,uitwerken,uitvoeren en opvolgen van studie- en expertise-opdrachten,consultatie in en de organisatie van alle financiële,juridische,fiscale,sociale (micro- en macro) economische,administratieve en organisatorische aangelegenheden;dit omvat tevens engineeringactiviteiten in verband met software,bouw,machinebouw,(electro) mechanica,hydraulica,productieprocessen,research en development en dergelijke;het ontwikkelen en commercialiseren van hardware en software;het uitvoeren van administratieve werkzaamheden,in de ruimste zin,voor derden;
- Het waarnemen van alle beheersopdrachten,het uitoefenen van mandaten en functies welke rechtstreeks met haar voorwerp verband houden;
- Het verhuren of huren,de aan-en verkoop van roerende en onroerende goederen,het kopen en in licentie nemen van octrooien;
- De vennootschap zal rechtstreeks of onrechtstreeks mogen deelnemen in het kapitaal,belangen nemen in of deelnemen aan de werking van andere vennootschappen of bedrijven en dit door inbreng,versmelting,samenwerking,participatie of op gelijk welke andere wijze,rechtstreeks of onrechtstreeks;
- Zij zal opdrachten als bestuurder,beheerder,vereffenaar of commissaris,of van gelijk welke opdrachten en functies in andere vennootschappen en/of verenigingen kunnen waarnemen;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen: alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten (vruchtgebruik,recht van opstal,erfpacht,…),zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen,het ontwerpen en opvolgen van projecten,en het maken van studies met betrekking tot immobiliën,de aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen;alsmede zich borg stellen voor het goede verloop van verbintenissen,door derde personen aangegaan,die het genot zouden hebben van voormelde roerende en onroerende goederen;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen: alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop,het beheren van aandelen,aandelenopties,obligaties,kasbons,afgeleide producten of andere roerende waarden,van welke vorm ook,uitgegeven door Belgische of buitenlandse emittenten;
- Het verhuren of huren,de aan-en verkoop van roerende en onroerende goederen,het kopen en in licentie nemen van octrooien;
- De aankoop,verkoop,zowel in groot – als in kleinhandel,handelsbemiddeling en in – en uitvoer van allerlei producten,dit in de meest ruime zin;
- De detailhandel in allerlei producten via postorderbedrijven;
- De detailhandel in allerlei producten via het internet (e-commerce);
- De vennootschap mag leningen verstrekken aan derden of waarborgen stellen voor derden. De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ITIMIZE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Thursday of June at 10:00