ITINSYS
ActiveSummary
ITINSYS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €60k. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 44% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency78▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.13 against 1.7 in 2024; short-term debt: 46.9% and cash: 91.6% of total assets), and 46.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
53.1%
Return on assets
42.5%
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 17-07-2026, 14 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
14 d early
2024
31 d late
2023
29 d late
2022
31 d late
2021
10 d late
2020
23 d late
← 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
€75k▲ 14.8%
2024 · €65k
2020: €-5k
2021: €-20k▼ -324% vs 2020lowest in 6 years
2022: €61k▲ +400% vs 2021
2023: €93k▲ +52.1% vs 2022highest in 6 years
2024: €65k▼ -30.2% vs 2023
2025: €75k▲ +14.8% vs 2024
2020 → 2025
Total assets
€141k▼ 10.8%
2024 · €158k
2020: €33k
2021: €29k▼ -13.5% vs 2020lowest in 6 years
2022: €118k▲ +312% vs 2021
2023: €116k▼ -1.8% vs 2022
2024: €158k▲ +36.0% vs 2023highest in 6 years
2025: €141k▼ -10.8% vs 2024
2020 → 2025
Net result
€60k▲ 15.2%
2024 · €52k
2020: €-20klowest in 6 years
2021: €-16k▲ +21.2% vs 2020
2022: €82k▲ +623% vs 2021highest in 6 years
2023: €67k▼ -18.5% vs 2022
2024: €52k▼ -22.3% vs 2023
2025: €60k▲ +15.2% vs 2024
2020 → 2025
Working capital
€74k▲ 15.3%
2024 · €64k
2020: €-20k
2021: €-31k▼ -57.8% vs 2020lowest in 6 years
2022: €54k▲ +271% vs 2021
2023: €90k▲ +66.4% vs 2022highest in 6 years
2024: €64k▼ -28.1% vs 2023
2025: €74k▲ +15.3% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-20k-€61k€93k▲ 52.1%€65k▼ 30.2%€75k▲ 14.8%
2021: €-20klowest in 5 years
2022: €61k▲ +400% vs 2021
2023: €93k▲ +52.1% vs 2022highest in 5 years
2024: €65k▼ -30.2% vs 2023
2025: €75k▲ +14.8% vs 2024
Operating result€-15k-€96k€83k▼ 13.5%€68k▼ 18.1%€89k▲ 30.7%
2021: €-15klowest in 5 years
2022: €96k▲ +728% vs 2021highest in 5 years
2023: €83k▼ -13.5% vs 2022
2024: €68k▼ -18.1% vs 2023
2025: €89k▲ +30.7% vs 2024
Net result€-16k-€82k€67k▼ 18.5%€52k▼ 22.3%€60k▲ 15.2%
2021: €-16klowest in 5 years
2022: €82k▲ +623% vs 2021highest in 5 years
2023: €67k▼ -18.5% vs 2022
2024: €52k▼ -22.3% vs 2023
2025: €60k▲ +15.2% vs 2024
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 31% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141k
Fixed assets
€333 ▼ 44.8%
Current assets
€140k ▼ 10.7%
Equity and liabilities €141k
Equity
€75k ▲ 14.8%
Debt
€66k ▼ 28.8%
Debt's share of the balance-sheet total falls from 58.7% to 46.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€90k▲
2024 · €71k
Cash flow
€60k▲
2024 · €55k
Current ratio
2.13▲
2024 · 1.70
Debt to equity
0.88▼
2024 · 1.42
ROE
79.9%▲
2024 · 79.6%
ROA
42.5%▲
2024 · 32.9%
Interest coverage
154.59▲
2024 · 144.77
Debt ≤ 1 year
€66k▼
2024 · €93k
Income taxes
€30k▲
2024 · €18k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€158k€141k▼
Fixed assets21/28€603€333▼
Tangible fixed assets22/27€603€333▼
Furniture and vehicles24€603€333▼
Current assets29/58€157k€140k▼
Amounts receivable within one year40/41€3k€10k▲
Trade receivables40€0€9k▲
Other amounts receivable41€3k€293▼
Cash at bank and in hand54/58€152k€129k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€158k€141k▼
Equity10/15€65k€75k▲
Contributions10/11€15k€15k=
Reserves13-€60k
Distributable reserves133-€60k
Profit (loss) carried forward14€50k€0▼
Amounts payable17/49€93k€66k▼
Amounts payable within one year42/48€93k€66k▼
Current portion of amounts payable after more than one year42€3k€2k▼
Trade debts44€225€41▼
Suppliers440/4€225€41▼
Taxes, remuneration and social security45€9k€25k▲
Taxes450/3€9k€25k▲
Other amounts payable47/48€80k€38k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€270▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€72k€91k▲
Operating profit (loss)9901€68k€89k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€492€579▲
Recurring financial charges65€492€579▲
Profit (loss) for the period before taxes9903€69k€90k▲
Income taxes67/77€18k€30k▲
Profit (loss) for the period9904€52k€60k▲
Profit (loss) for the period to be appropriated9905€52k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€130k€110k▼
Profit (loss) brought forward from the previous period14P€78k€50k▼
Transfer to equity691/2-€60k
To other reserves6921-€60k
Profit to be distributed694/7€80k€50k▼
Return on contributions (dividend)694€80k€50k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €4k | €4k | €3k | €270 | ▼ 91.1% |
| Other operating charges640/8 | €824 | €854 | €936 | €1k | €1k | ▲ 6.4% |
| Gross operating margin9900 | €-10k | €101k | €89k | €72k | €91k | ▲ 25.3% |
| Operating profit (loss)9901 | €-15k | €96k | €83k | €68k | €89k | ▲ 30.7% |
| Financial income75/76B | - | - | €1k | €2k | €1k | ▼ 37.7% |
| Recurring financial income75 | - | - | €1k | €2k | €1k | ▼ 37.7% |
| Financial charges65/66B | €88 | €112 | €110 | €492 | €579 | ▲ 17.6% |
| Recurring financial charges65 | €88 | €112 | €110 | €492 | €579 | ▲ 17.6% |
| Profit (loss) for the period before taxes9903 | €-15k | €96k | €84k | €69k | €90k | ▲ 29.1% |
| Income taxes67/77 | €198 | €14k | €18k | €18k | €30k | ▲ 69.9% |
| Profit (loss) for the period9904 | €-16k | €82k | €67k | €52k | €60k | ▲ 15.2% |
| Profit (loss) for the period to be appropriated9905 | €-16k | €82k | €67k | €52k | €60k | ▲ 15.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €29k | €118k | €116k | €158k | €141k | ▼ 10.8% |
| Fixed assets21/28 | €11k | €7k | €4k | €603 | €333 | ▼ 44.8% |
| Tangible fixed assets22/27 | €11k | €7k | €4k | €603 | €333 | ▼ 44.8% |
| Furniture and vehicles24 | €11k | €7k | €4k | €603 | €333 | ▼ 44.8% |
| Current assets29/58 | €18k | €111k | €112k | €157k | €140k | ▼ 10.7% |
| Amounts receivable within one year40/41 | €1k | €11k | €28k | €3k | €10k | ▲ 203% |
| Trade receivables40 | - | €578 | €15k | €0 | €9k | - |
| Other amounts receivable41 | €1k | €11k | €13k | €3k | €293 | ▼ 90.6% |
| Cash at bank and in hand54/58 | €16k | €98k | €82k | €152k | €129k | ▼ 15.3% |
| Deferred charges and accrued income490/1 | - | €1k | €2k | €2k | €2k | ▲ 5.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €29k | €118k | €116k | €158k | €141k | ▼ 10.8% |
| Equity10/15 | €-20k | €61k | €93k | €65k | €75k | ▲ 14.8% |
| Contributions10/11 | €15k | €15k | €15k | €15k | €15k | = |
| Reserves13 | - | - | - | - | €60k | - |
| Distributable reserves133 | - | - | - | - | €60k | - |
| Profit (loss) carried forward14 | €-35k | €46k | €78k | €50k | €0 | ▼ 100% |
| Amounts payable17/49 | €49k | €57k | €23k | €93k | €66k | ▼ 28.8% |
| Amounts payable within one year42/48 | €49k | €57k | €23k | €93k | €66k | ▼ 28.8% |
| Current portion of amounts payable after more than one year42 | - | - | €3k | €3k | €2k | ▼ 30.0% |
| Trade debts44 | €5k | €777 | €2k | €225 | €41 | ▼ 82.0% |
| Suppliers440/4 | €5k | €777 | €2k | €225 | €41 | ▼ 82.0% |
| Taxes, remuneration and social security45 | €198 | €13k | €12k | €9k | €25k | ▲ 185% |
| Taxes450/3 | €198 | €11k | €12k | €9k | €25k | ▲ 185% |
| Remuneration and social security454/9 | - | €2k | €0 | - | - | - |
| Other amounts payable47/48 | €44k | €43k | €6k | €80k | €38k | ▼ 52.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-16k | €82k | €67k | €52k | €60k | ▲ 15.2% |
| + Depreciation and write-downs630 | €4k | €4k | €4k | €3k | €270 | ▼ 91.1% |
| Operating cash flow (approximation) | €-12k | €86k | €71k | €55k | €60k | ▲ 9.4% |
| Investment in fixed assets (approximation) | - | €-603 | €-449 | €0 | €0 | - |
| Change in cash | - | €82k | €-16k | €70k | €-23k | ▼ 133% |
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
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 4.96
Current ratio from 1.95 to 4.96; short-term debt falls from €57k to €23k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €82k
Net result €82k after 2 loss-making years.
31-12
Financial
Liquidity times 5current ratio 1.95
Current ratio from 0.36 to 1.95.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Paliseul · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Cdt-Henri-Calvez, Maissin 226852 PaliseulGround area
1,149 m²
Building footprint
196 m²
Parcel 25061A0003/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ITINSYS
since 20192.296.426.696
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25061A0003/00G000 | Wallonia | 1,149 m² | 1 · 195 m² | - |
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.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,566 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
62900Other information technology and computer services
62100Computer programming
63910Web portal activities
85592Vocational training
Scores and ratios are computed by Checked and are not a credit decision.