Skip to content

ITL BELGIUM

Active
Private limited companyfounded 2016active for 10 yearsRue du Bois des Hospices(BL) 1, 7522 Tournai, BelgiumKBO/BCE: BE 0662.957.980
Summary

The computed 12-month bankruptcy probability of ITL BELGIUM is 2.5% (moderate). The 2025 annual accounts show negative equity (-€52,612) and a net result of €177,327, of which €200,750 non-recurring income. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 7% of 889 sector peers (NACE 52, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 27-09-2016 Normal situation
Activity
Logistics services NACE 52250and 1 other
Joint committee
140.03 Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden · annual accounts 2025
Establishment unit
2.259.300.343 7522 Tournai, since 27-09-2016
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • EJM INVEST SRLDirector · since 30-03-2026 · permanent representative Edouard Dubois
  • SHIPEADirector

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.5%
Annual accounts 2025
Gross margin
€447,519
▼ 54.6%
Turnover
≈ €1.1m
estimated
Profit
€177,327
Equity
-€52,612
▲ 77.1%
Total assets
€255,511
▼ 78.5%
Employees on 31-12-2025
1
▼ 95.0%
  • Negative equity on 31-12-2025
Staff (FTE) -85%: other schema
Score breakdownraises riskNegative equity -€52,612Sector: Warehousing and support activities for transportation (NACE 52)Size: 3.1 FTE, total assets €255,511lowers riskFigures for financial year 2025 (filed on 16-07-2026)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 53% of micro companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2024
Weak
Solvency 4-2
equity -20.6% of total assets
Liquidity 28+17
short-term debt 66.6% · cash 11.0%
Profitability 100+100
return on assets 69.4%
Bankruptcy probability within 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,304 companies, NACE 52, micro)
Last 24 months 12-2024: 1.6% 01-2025: 1.6%● unchanged vs 12-2024lowest value 02-2025: 1.7%▲ +0.1 percentage points vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.8%▲ +0.1 percentage points vs 04-2025 06-2025: 1.9%▲ +0.1 percentage points vs 05-2025 07-2025: 2.2%▲ +0.3 percentage points vs 06-2025 08-2025: 4.7%▲ +2.5 percentage points vs 07-2025 09-2025: 4.7%● unchanged vs 08-2025 10-2025: 4.7%● unchanged vs 09-2025 11-2025: 4.7%● unchanged vs 10-2025 12-2025: 4.7%● unchanged vs 11-2025 01-2026: 4.7%● unchanged vs 12-2025 02-2026: 4.7%● unchanged vs 01-2026 03-2026: 4.7%● unchanged vs 02-2026 04-2026: 4.9%▲ +0.2 percentage points vs 03-2026 05-2026: 4.9%● unchanged vs 04-2026 06-2026: 4.9%● unchanged vs 05-2026 07-2026: 5.3%▲ +0.4 percentage points vs 06-2026highest value 08-2026: 2.5%▼ -2.8 percentage points vs 07-2026 09-2026: 2.5%● unchanged vs 08-2026 10-2026: 2.5%● unchanged vs 09-2026 11-2026: 2.5%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.92 (0.85 in 2024), below 1. Short-term debt is 66.6% and cash 11% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 52, micro). It does better than 9% of them on solvency, 22% on liquidity, 93% on profitability and 88% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€52,612
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
raises risk · Size: 3.1 FTE, total assets €255,511
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 889 sector peers (2025).
NBB · sector comparison
Position among 889 sector peers
Solvency
better than 7%
← weakest strongest →
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 16-07-2026, 15 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
15 days early
2024
3 days early
2023
19 days early
2022
21 days early
2021
29 days late
2020
2 days early
2019
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€52,612 View
  • Caution: Fewer staff in 2025different schema filed ▼ 84.7% View
  • Caution: Lower solvency than 92% of companies in warehousing and transport supportsector median 36.8% · 889 companies -20.6% View
  • Board changedlatest change 17-07-2026 · 2 in office 1 joined · 1 left View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Resignation: SHIPEA SAS (director)Appointment: EJM INVEST SRL (director)
  2. · Gazette deed Company renamed from INTERLINES BELGIUM to ITL BelgiumPermanent representatives: DECOTIGNIES Jean-François, VANDE PUTTE Anne-Marie and DUBOIS Edouard Didier Patrick Louis · Resignations: INTERLINES (director) and IMMOA8 (director) · Appointment: SHIPEA (administrateur unique et non statutaire)
  3. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as ITL BELGIUM: logistics services (NACE 52250). They are comparable in size and age: total assets between €160,000 and €467,000, founded between 2009 and 2018.

CompanyTotal assetsGross margin
ITL BELGIUM Tournai€255,511€447,519
EURO CARGO SUPPORT Zoersel€202,163€420,433
BAF LOGISTIQUE Elsene€280,724€298,711
BBC CHARTERING BELGIUM Antwerpen€160,412€464,437
F. LONNEUX LOGISTICS Erquelinnes€434,085€353,806
IMMO ARPI Mons€314,597€313,647
Charterra Antwerpen€467,431€440,396
Full comparison

Key facts about ITL BELGIUM

What is the company number of ITL BELGIUM?
The company number of ITL BELGIUM is 0662.957.980. The VAT number is the same number with BE in front: BE 0662.957.980.
Where is ITL BELGIUM based?
The registered office is at Rue du Bois des Hospices(BL) 1, 7522 Tournai.Company details
What does ITL BELGIUM do?
According to the KBO register, the main activity is logistics services (NACE 52250).
What is the legal form of ITL BELGIUM?
The legal form of ITL BELGIUM is Private limited company (BV).
When was ITL BELGIUM founded?
ITL BELGIUM was founded on 27-09-2016.
Is ITL BELGIUM still active?
Yes, ITL BELGIUM is an active enterprise in the KBO register.
How many employees does ITL BELGIUM have?
ITL BELGIUM had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ITL BELGIUM fall under?
In its 2025 annual accounts, ITL BELGIUM states joint committee 140.03 (Paritair Subcomité voor het wegvervoer en de logistiek voor rekening van derden).
What is the turnover of ITL BELGIUM?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €447,519 and 2,281 comparable companies of the same size. It probably lies between €640,000 and €1.8m. It is a rough estimate.
Is ITL BELGIUM profitable?
In financial year 2025, ITL BELGIUM made a profit of €177,327.
Where can I find the annual accounts of ITL BELGIUM?
ITL BELGIUM filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ITL BELGIUM due?
ITL BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.