ITL BELGIUM
ActiveITL BELGIUM has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-53k) and a net result of €177k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency4▼-2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.92 against 0.85 in 2024; short-term debt: 66.6% and cash: 11% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-20.6%
Return on assets
69.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 716 sector peers (2025).
NBB · sector comparisonPosition among 716 sector peers
Solvency
better than 6%
← 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 filingsDeviation from the deadline
2025
15 d early
2024
3 d early
2023
19 d early
2022
21 d early
2021
29 d late
2020
2 d early
2019
26 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€177k
2024 · €-212k
2019: €14k
2020: €20k
2021: €-991k
2022: €925k
2023: €715k
2024: €-212k
2019 → 2025
Working capital
€-13k▲ 91.0%
2024 · €-150k
2019: €-799k
2020: €-696k
2021: €-571k
2022: €-188k
2023: €418k
2024: €-150k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-823k-€-583k▲ 29.2%€-18k▲ 96.9%€-230k▼ 1,170%€-53k▲ 77.1%
Operating result€-921k-€971k€733k▼ 24.6%€-178k€192k
Net result€-991k-€925k€715k▼ 22.8%€-212k€177k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €192k after a loss of €178k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €256k
Fixed assets
€99k▼ 70.6%
Current assets
€157k▼ 81.6%
Key figures and ratios
EBITDA
€257k▲
2024 · €-57k
Cash flow
€242k▲
2024 · €-91k
Solvency
-20.6%▼
2024 · -19.3%
Current ratio
0.92▲
2024 · 0.85
Quick ratio
0.92▲
2024 · 0.81
Debt / equity
-5.86▲
2024 · -6.18
ROA
69.4%▲
2024 · -17.8%
Interest coverage
15.33▲
2024 · -1.94
Debt
€308k▼
2024 · €1.42M
Debt ≤ 1 year
€170k▼
2024 · €1.00M
Debt > 1 year
€138k▼
2024 · €416k
Income taxes
€36▼
2024 · €5k
Staff costs
€142k▼
2024 · €982k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.19M€256k▼
Fixed assets21/28€336k€99k▼
Intangible fixed assets21€18k€0▼
Tangible fixed assets22/27€302k€99k▼
Land and buildings22€163k€99k▼
Plant, machinery and equipment23€118k€0▼
Furniture and vehicles24€20k€0▼
Financial fixed assets28€17k€363▼
Current assets29/58€853k€157k▼
Stocks and contracts in progress3€45k€0▼
Stocks30/36€45k€0▼
Amounts receivable within one year40/41€664k€125k▼
Trade receivables40€599k€124k▼
Other amounts receivable41€65k€1k▼
Cash at bank and in hand54/58€75k€28k▼
Deferred charges and accrued income490/1€69k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.19M€256k▼
Equity10/15€-230k€-53k▲
Contributions10/11€163k€163k=
Profit (loss) carried forward14€-393k€-216k▲
Amounts payable17/49€1.42M€308k▼
Amounts payable after more than one year17€416k€138k▼
Financial debts170/4€416k€138k▼
Amounts payable within one year42/48€1.00M€170k▼
Current portion of amounts payable after more than one year42€83k€78k▼
Financial debts43€132k€0▼
Credit institutions430/8€132k€0▼
Trade debts44€475k€64k▼
Suppliers440/4€475k€64k▼
Advances received on contracts in progress46€150k€0▼
Taxes, remuneration and social security45€144k€9k▼
Taxes450/3€4k€938▼
Remuneration and social security454/9€139k€8k▼
Other amounts payable47/48€20k€20k=
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Non-recurring operating income76A€402k€201k▼
Remuneration, social security and pensions62€982k€142k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€121k€65k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€56k€-165k▼
Other operating charges640/8€6k€184k▲
Non-recurring operating charges66A-€29k
Gross operating margin9900€987k€448k▼
Operating profit (loss)9901€-178k€192k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€30k€17k▼
Recurring financial charges65€30k€17k▼
Profit (loss) for the period before taxes9903€-206k€177k▲
Income taxes67/77€5k€36▼
Profit (loss) for the period9904€-212k€177k▲
Profit (loss) for the period to be appropriated9905€-212k€177k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-393k€-216k▲
Profit (loss) brought forward from the previous period14P€-181k€-393k▼
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)908720.33.1▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €177k
Net result €177k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €925k
Net result €925k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-991k ▼5140%
Net result drops to €-991k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
22-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Tournai · 1 establishment unit since 2016
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 du Bois des Hospices(BL) 17522 TournaiGround area
1.0 ha
Building footprint
7,360 m²
Volume, LiDAR
65,715 m³
Parcel 57008D0179/00Y000, Wallonia · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
INTERLINES BELGIUM
since 20162.259.300.343
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57008D0179/00Y000 | Wallonia | 1.0 ha | 1 · 7,360 m² | 13.0 m · 3 fl. |
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
ILB INTERFREIGHT LOGISTICS BENELUX ANTWERP
BE 0874.963.358
Kapellen · Eq €259k
ATTENT TAXI
BE 0679.558.937
Lommel · Eq €260k
Belgian American Transworld Air Consolidators
BE 0412.532.090
Brussel · Eq €260k
Wijnen JACOBS
BE 0460.132.366
Lille · Eq €256k
STEJA TRANSPORT INTERNATIONAL
BE 0458.982.224
Antwerpen · Eq €261k
Of 3,190 companies in sector 52250 we hold annual accounts for 1,956. 1,465 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-09-2016
Fiscal year end31-12
Activities, NACEBEL
52250Logistics services
52290Warehousing and support activities for transportation
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.