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ITM Management

Active Public limited companyfounded 1993active for 33 yearsRue du Bosquet 4, 1348 Ottignies-Louvain-la-NeuveKBO/BCE: BE 0451.146.109 subsidiary of

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak of €1.5m in 2025
€1.5m▲ 422%
lowest -€266,981 in 2021
€41,428▲ 212%
peak of €505,546 in 2007
€191,389▲ 27.6%
€1.1m▲ 311%
peak of 13.4 FTE in 2010
9.6 FTE▲ 50.0%
Board18 names since 2016all names
4 directors and 3 others
Owners3 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
01-07-202630 days before the deadline
2025abbreviated format
Gross margin from €282,010 to €1.5mResult from €13,261 to €41,428Staff from 6.4 FTE to 9.6 FTE3 directors appointed, 2 resignations 12-11Appointment: (executive director and cEO) 03-06Equity from €149,960 to €191,389

Key points

from the 2025 annual accounts

Equity

€191,389 from €505,546 in 2007

Equity fell by 62% in 18 years.

Debts

€1.1m 85% of the balance sheet
Suppliers 14%Taxes and wages 22%Other 64%

Of this, €398,901 falls due within a year.

Staff

12 employees on 31-12-2025
31382021702024832025

In 2025, 8 people joined and 3 left.

Payment terms

94 days to suppliers
Suppliers
291 to 94

ITM Management pays its suppliers 197 days earlier than in 2024.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

Eight of the last ten came late. The 2016 accounts came in latest, 150 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,986 companies had the same profile as ITM Management has now. Each dot stands for 10 companies, two years later.

96.4%
were still trading
2.4%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 3,986 companies, not a prediction for ITM Management. 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.

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Signals

Board and ownership

Daily manager
Managing director
Managing director
CEO
Director, since 01-10-2025
Auditor,
  • 100%equity €3.3m (2025) · 2025 annual accounts of
  • consolidatesannual accounts 2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0451146109
3 directors appointed, 2 resignations Resignations: (managing director) and (managing director) · Appointments: (managing director), and (managing director) · Director discharge: · Gazette deed
Appointment: (executive director and cEO) Board meeting of 06-05-2025 · Gazette deed
Permanent representative: Appointment: (statutory auditor) · General meeting of 30-10-2024 · Gazette deed
All 53 events

Comparable companies

same main activity, similar in size and age
Company
ITM Management Ottignies-Louvain-la-Neuve €1.3m €1.5m 14.8% 9.6
VDP Ghent €1.0m €1.4m 13.5% 9.4
Van Dijck – Bekaert Antwerp €1.4m €1.2m 13.6% 9
V.D.S. Oudenaarde €2.0m €1.3m 30.1% 8.8
CAPindus Wanze €1.4m €1.2m 40.9% 13.9
VEKMO Tessenderlo-Ham €1.3m €1.0m 44.2% 9.5
SUPPLY CHAIN CONSULTANTS (EUROPE) Antwerp €1.2m €1.1m 63.1% 7.3

These companies have the same main activity as ITM Management: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1m and €2m, founded between 1992 and 2000.

Official details

Source: KBO
Status
Active since 19-10-1993Normal situation
Registered office
19 active companies are registered at this addressSource: KBO register, as of 15 November 2026.
Activity
Business and other management consultancyNACE 70200and 2 others
Joint committee
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.064.530.0834367 Crisnée, since 09-06-1995
Financial year end
31 December
Peppol
Reachable since 10-12-2025
Company details

Annual accounts 2025

≈ €2.8mestimated
€1.3m▲ 209%
Employeeson 31-12-2025
12▲ 71.4%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on ITM Management

ITM Management files the abbreviated format. That format states no turnover. The gross margin rose from €538,573 in 2006 to €1.5m in 2025.

holds all the shares. In November 2025, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about ITM Management

What is the company number of ITM Management?
The company number of ITM Management is 0451.146.109. The VAT number is the same number with BE in front: BE 0451.146.109.
Where is ITM Management based?
The registered office is at Rue du Bosquet 4, 1348 Ottignies-Louvain-la-Neuve.Company details
What does ITM Management do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of ITM Management?
ITM Management is a public limited company (NV).
When was ITM Management founded?
ITM Management was founded on 19-10-1993.
Is ITM Management still active?
Yes, ITM Management is an active enterprise in the KBO register.
How many employees does ITM Management have?
ITM Management had an average of 9.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ITM Management fall under?
In its 2025 annual accounts, ITM Management states joint committee 200 (Auxiliary committee for white-collar workers).
What is the turnover of ITM Management?
The turnover in financial year 2025 is ≈ €2.8m. This figure is estimated from the gross margin of €1.5m and 35 comparable companies (NACE 70200). It probably lies between €1.9m and €3.6m.
Is ITM Management profitable?
In financial year 2025, ITM Management made a profit of €41,428.
Where can I find the annual accounts of ITM Management?
ITM Management filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ITM Management due?
ITM Management must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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