Skip to content

itinco

Active
Private limited companyfounded 201313 yrs activeMoerhoek 15, 2400 Mol, BelgiumKBO/BCE: BE 0525.955.675

itinco has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €335k and a net result of €59k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 87% of 2820 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
100 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+8
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 12.86 against 9.32 in 2023), and 16.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 13 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
83.7%
Return on assets
14.8%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
59 d early
2023
47 d early
2022
41 d early
2021
27 d early
2020
32 d early
2019
17 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€335k▲ 21.4%
2023 · €276k
2018: €126k 2019: €152k 2020: €193k 2021: €204k 2022: €232k 2023: €276k
2018 → 2024
Total assets
€400k▲ 13.0%
2023 · €354k
2018: €137k 2019: €177k 2020: €308k 2021: €304k 2022: €315k 2023: €354k
2018 → 2024
Net result
€59k▲ 33.4%
2023 · €44k
2018: €22k 2019: €26k 2020: €41k 2021: €11k 2022: €28k 2023: €44k
2018 → 2024
Working capital
€276k▲ 26.5%
2023 · €218k
2018: €124k 2019: €146k 2020: €140k 2021: €153k 2022: €177k 2023: €218k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€193k-€204k▲ 5.9%€232k▲ 13.6%€276k▲ 19.1%€335k▲ 21.4%
Operating result€60k-€15k▼ 75.5%€41k▲ 175%€63k▲ 55.5%€84k▲ 32.1%
Net result€41k-€11k▼ 72.2%€28k▲ 146%€44k▲ 59.8%€59k▲ 33.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2020: €60k€60kNet result 2020: €41k€41kOperating result 2021: €15k€15kNet result 2021: €11k€11kOperating result 2022: €41k€41kNet result 2022: €28k€28kOperating result 2023: €63k€63kNet result 2023: €44k€44kOperating result 2024: €84k€84kNet result 2024: €59k€59k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 32% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €400k
Fixed assets €101k▼ 7.9%
Current assets €300k▲ 22.4%
Equity and liabilities €400k
Equity €335k▲ 21.4%
Debt €65k▼ 16.6%
The debt ratio falls from 22.1% to 16.3%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€96k
2023 · €76k
Cash flow
€71k
2023 · €56k
Solvency
83.7%
2023 · 77.9%
Current ratio
12.86
2023 · 9.32
Quick ratio
12.86
2023 · 9.32
Debt / equity
0.20
2023 · 0.28
ROE
17.7%
2023 · 16.1%
ROA
14.8%
2023 · 12.5%
Interest coverage
66.25
2023 · 54.74
Debt
€65k
2023 · €78k
Debt ≤ 1 year
€23k
2023 · €26k
Debt > 1 year
€42k
2023 · €52k
Income taxes
€23k
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€354k€400k
Fixed assets21/28€110k€101k
Tangible fixed assets22/27€110k€101k
Land and buildings22€102k€93k
Plant, machinery and equipment23€529€252
Furniture and vehicles24€8k€8k
Current assets29/58€245k€300k
Amounts receivable within one year40/41€20k€25k
Trade receivables40€20k€25k
Cash at bank and in hand54/58€224k€274k
Equity and liabilities
Total equity and liabilities10/49€354k€400k
Equity10/15€276k€335k
Contributions10/11€12k€12k=
Reserves13€74k€133k
Distributable reserves133€74k€133k
Profit (loss) carried forward14€190k€190k=
Amounts payable17/49€78k€65k
Amounts payable after more than one year17€52k€42k
Financial debts170/4€52k€42k
Amounts payable within one year42/48€26k€23k
Current portion of amounts payable after more than one year42€10k€10k
Trade debts44€3k€2k
Suppliers440/4€3k€2k
Taxes, remuneration and social security45€13k€11k
Taxes450/3€13k€8k
Remuneration and social security454/9-€3k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k
Other operating charges640/8€1k€1k
Gross operating margin9900€77k€97k
Operating profit (loss)9901€63k€84k
Financial income75/76B€5€111
Recurring financial income75€5€111
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€62k€82k
Income taxes67/77€18k€23k
Profit (loss) for the period9904€44k€59k
Profit (loss) for the period to be appropriated9905€44k€59k
Appropriation of the result
Profit (loss) to be appropriated9906€234k€249k
Profit (loss) brought forward from the previous period14P€190k€190k=
Transfer to equity691/2€44k€59k
To other reserves6921€44k€59k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
02-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €59k ▲33.4%
Operating result €84k, net result €59k, both a record.
14-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Weakest financial yearnet €11k ▼72.2%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €200kEq €204k ▲5.9%
4 profitable years in a row build equity to €204k.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Equity above €150kEq €152k ▲20.7%
2 profitable years in a row build equity to €152k.
29-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated 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
2 directors, last change in 2023
GEERTS Hans Jan Elisa
Director · since 22-12-2023
Current
SNELLINX Zita Josephina
Director · since 22-12-2023
Current
22-12-2023 GEERTS Hans Jan Elisa: Appointed as Director
22-12-2023 SNELLINX Zita Josephina: Appointed as Director
Not every act has been read: a resignation may be missing here
4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Mol · 1 establishment unit since 2013
exact location from the address register On OpenStreetMap
Ground area
1,092 m²
Building footprint
166 m²
Volume, LiDAR
44 m³
Parcel 13025G0975/00G037, Flanders · tallest building 4.0 m. Linked by address, not a title deed.
1 establishment unit
Itinco
Moerhoek 15, 2400 MolComputer programming, consultancy and related activities
since 20132.218.409.004
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13025G0975/00G037 Flanders 1,092 m² 1 · 166 m² 4.0 m
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.

Similar companies · same sector, comparable size

Of 16,803 companies in sector 62100 we hold annual accounts for 8,745. 6,011 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-04-2013
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
43211General electrical installation work
47400Retail sale of information and communication equipment
47410Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.