Equity
-€9,832
Debts exceed assets in financial year 2025.
ITLABZ
Overview
Lifetime
1 annual account with figurespeak -€29,093 (2025)
-€29,093
lowest -€29,832 (2025)
-€29,832
peak -€9,832 (2025)
-€9,832
€38,272
Board1 name since 2025
1 directorAHMAD Nazir
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €29,832Incorporation 11-021 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€38,272 135% of the balance sheet
Suppliers 0%Taxes and wages 7%Other 93%
Position in the sector
-€29,832
Lower net result than 94% of companies in education. Sector median €7,281 · 2,614 companies.
2025 accounts filed 31 days after the deadlineTurnover not published (micro format)
Checked score
52
Fair
Financially stronger than 5% of micro companies in education (NACE 85)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,825 companies (NACE 85, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2026: 0.4%lowest value
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.7%▲ +0.3 percentage points vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026highest value
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€9,832
Liquidity: current ratio 0.31, cash €376
lowers risk
Sector: Education (NACE 85)
Size: total assets €28,440
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 85, micro). It does better than 6% of them on solvency, 2% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,322 companies had the same profile as ITLABZ has now. Each dot stands for 4 companies, two years later.
90.2%
were still trading
5.5%
stopped another way
4.2%
went bankrupt
The bankruptcy probability of ITLABZ itself is lower: 0.7% within 12 months. It rests on far more data about ITLABZ than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,322 companies, not a prediction for ITLABZ. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.31, below 1. Short-term debt is 134.6% and cash 1.3% of total assets. Equity is negative.
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
Seven signals.
lowers riskraises risk
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1019753377
First establishment
Lange Lobroekstraat 201, Antwerp
Incorporation
Founding capital of €20,000, 100 shares · Founder: AHMAD Nazir · Appointment: AHMAD Nazir (director) · published on 11-02-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ITLABZ Antwerp | €28,440 | -€29,093 | -34.6% | - |
| HYPNOTHERAP-IA Bastogne | €33,533 | -€13,235 | -44.9% | - |
| Chrom’Harmonie Soumagne | €23,402 | -€10,034 | -21.4% | - |
| Oo2 FORMATIONS Molenbeek-Saint-Jean | €35,498 | -€5,438 | 93.7% | - |
| Intelligent Nutrition Project Court-Saint-Etienne | €16,685 | -€19,527 | -117.0% | - |
| KEKIDI Koekelberg | €28,187 | -€3,709 | 74.2% | - |
| POWER & CARE Woluwe-Saint-Lambert | €33,992 | -€3,194 | 69.2% | - |
These companies have the same main activity as ITLABZ: vocational training (NACE 85592). They are comparable in size and age: total assets between €16,700 and €35,500, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 07-02-2025Normal situation
- Activity
- Vocational trainingNACE 85592and 4 others
- Establishment unit
- 2.384.218.5272060 Antwerp, since 01-05-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 23-07-2026
Insights on ITLABZ
ITLABZ has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€9,832) and a net result of -€29,832.
Its solvency ranks better than 11% of 2,612 sector peers (NACE 85, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 31-08-2026, 31 days late-€29,093
-€29,897
-€29,832
-€26,295
-34.6%
0.31
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €28,440 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
-34.6%
Higher than 11% of 2,612 companies in 2025.
0.31
Higher than 10% of 2,481 companies in 2025.
-104.9%
Lower than 95% of 2,510 companies in 2025.
ITLABZ
Middle half of the sector
80% of the sector
Micro accounts in education (NACE 85)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
28,440 | |
21/28 |
16,463 | |
22/27 |
9,863 | |
24 |
9,863 | |
28 |
6,600 | |
29/58 |
11,977 | |
40/41 |
11,601 | |
40 |
8,706 | |
41 |
2,895 | |
54/58 |
376 | |
| Balance sheet: equity and liabilities | ||
10/49 |
28,440 | |
10/15 |
-9,832 | |
10/11 |
20,000 | |
14 |
-29,832 | |
17/49 |
38,272 | |
42/48 |
38,272 | |
44 |
123 | |
440/4 |
123 | |
45 |
2,599 | |
450/3 |
2,599 | |
47/48 |
35,550 | |
| Income statement | ||
9900 |
-29,093 | |
630 |
804 | |
9901 |
-29,897 | |
75/76B |
124 | |
75 |
124 | |
65/66B |
59 | |
65 |
59 | |
9903 |
-29,832 | |
9904 |
-29,832 | |
9905 |
-29,832 | |
| Appropriation of the result | ||
9906 |
-29,832 | |
| Document | ||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00504068.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00504068 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| -29,093 | ||
| -29,028 | ||
| 17,268 | ||
| -26,295 | ||
| -34.6% | ||
| 0.31 | ||
| -104.9% | ||
| -494.77 |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €10,668 |
| Financial fixed assets | €6,600 |
| €804 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on ITLABZ
Equity is negative. Debt (€38,272) exceeds the balance-sheet total (€28,440).
Board & ownership
Board
1 director, since incorporationDirector
since 07-02-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 31-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 11-02-2025
Mandates through the years
1 name, the dashed line is todayControl
Capital
- Contribution
- €20,000
- Shares
- 100
- Contribution per share
- €200
- Equity per share
- -€98.32 in 2025
- Source
- deed of 11-02-2025
Articles of association
deed of 11-02-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of May at 10:00
Shareholders
At incorporation
deed of 11-02-2025 ↗
- AHMAD Nazir 100 shares (100%) · €20,000
Network & group
No group
ITLABZ has no parent and no holdings in its annual accounts. AHMAD Nazir is the only director. ITLABZ shares no director with another company.
At the same address
Lange Lobroekstraat 201, 2060 Antwerp · 3 other companies| Architecture, Design and More
registered office since 21-08-1989 · founded in 1989 |
5.2 FTE (2025) 0438.173.744 |
| Goedemé, Caroline (sole trader)
establishment since 01-10-2026 |
founded in 2026 0659.880.310 |
| Vereniging van Mede-eigenaars gebouw te Antwerpen, Lange Lobroekstraat 201
registered office since 25-08-1995 |
founded in 1995 0870.021.704 |
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 31 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:1019753377
2025
First establishment Lange Lobroekstraat 201, Antwerp
IncorporationFounding capital of €20,000, 100 shares · Founder: AHMAD Nazir · Appointment: AHMAD Nazir (director) · published on 11-02-20256 points ▸
- Founder, AHMAD Nazir
- Founding capital, €20,000, 100 shares
- 100 shares
- Registered office clause, Lange Lobroekstraat 201/001, 2060 Antwerpen
- Board rule, 1
- Director appointment, AHMAD Nazir
- The deed holds 1 more point.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1019.753.377
- VAT number
- BE 1019.753.377
- Peppol ID
- 0208:1019753377
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 07-02-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of May at 10:00deed of 11-02-2025 (in Dutch)
- Peppol
- Reachable since 23-07-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ITLABZ in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 11-02-2025 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 11-02-2025 (in Dutch)
Activities
NACEBEL 202585592
Vocational training main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Ontwikkeling,ontwerp,implementatie,onderhoud en ondersteuning van software,applicaties en geautomatiseerde systemen; Ontwikkeling van…”deed of 11-02-2025 (in Dutch)
22 activities
- Ontwikkeling,ontwerp,implementatie,onderhoud en ondersteuning van software,applicaties en geautomatiseerde systemen.
- Ontwikkeling van maatwerksoftware,API-integraties en softwaretesting.
- Adviesverlening met betrekking tot IT-strategie,digitale transformatie en procesoptimalisatie.
- IT-audits,systeemanalyses en projectmanagement binnen ICT-omgevingen.
- Ontwikkeling,implementatie en onderhoud van websites,webapplicaties en mobiele applicaties.
- E-commerceoplossingen,online platformen en zoekmachineoptimalisatie(SEO).
- Webdesign en web-development;
- Levering,implementatie en beheer van cloudoplossingen(SaaS,PaaS,IaaS).
- Hostingdiensten,serverbeheer,datacenters en cloudmigraties.
- Advies en implementatie van beveiligingsoplossingen,netwerkbeveiliging en gegevensbescherming.
- Detectie en preventie van cyberdreigingen en naleving van wetgeving inzake gegevensbescherming(waaronder GDPR/AVG).
- Installatie,configuratie,beheer en onderhoud van IT-infrastructuur,netwerken en servers.
- Virtualisatietechnologieën en monitoring van IT-systemen.
- Levering van technische ondersteuning,zowel op afstand als op locatie.
- Incidentbeheer,troubleshooting en IT-training voor gebruikers.
- Verwerking,analyse en interpretatie van data en big data-oplossingen.
- Business intelligence,datavisualisatie en rapportage.
- Levering en beheer van VoIP-telefonie,communicatiesystemen en net-werkinfrastructuren.
- Integratie van unified communications-oplossingen en callcentersystemen.
- Het ter beschikking stellen van IT-specialisten en consultants.
- Beheer van IT-afdelingen en externe IT-services via outsourcing of managed ser-vices.
- Verkoop van IT-apparatuur en gerelateerde producten.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Lange Lobroekstraat 201 registered office 2060 Antwerp 95100 Repair and maintenance of computers and communication equipment | 01-05-2025 | 2.384.218.527 |
Buildings and parcels at the address
- Ground area
- 374 m²
- Buildings
- 107 m²
- Volume, LiDAR
- 1,316 m³
- Tallest building
- 15.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11807G0261/00H003 | 374 m² | 1 · 106 m² | 15.4 m · 5 |