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Itna-Tech

Active
Private limited companyfounded 2023active for 3 yearsVan Duyststraat 120, 2100 Antwerp, BelgiumKBO/BCE: BE 0804.571.745
Summary

The computed 12-month bankruptcy probability of Itna-Tech is 2.5% (moderate). The 2025 annual accounts show equity of €28,474 and a net result of €19,917. Its solvency ranks better than 33% of 34,972 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 04-08-2023 Normal situation
Activity
General electrical installation work NACE 43211
Establishment unit
2.348.297.942 2100 Antwerp, since 04-08-2023
Financial year end
30 September
Peppol
Reachable since 11-03-2025

Board and ownership

Board
  • El Bouzidi NassimDirector · since 04-08-2023
Shareholders
  • EL BOUZIDI Nasimdeed of 08-08-2023

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.5%
Annual accounts to 30-09-2025
Gross margin
€25,592
▼ 31.2%
Turnover
≈ €120,000
estimated
Profit
€19,917
▼ 36.7%
Equity
€28,474
▲ 18.9%
Total assets
€91,869
▲ 112%
Score breakdownraises riskFounded in 2023Size: total assets €91,869Liquidity: current ratio 1.13, cash €1,495, halvedSector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 48% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 56-24
equity 31.0% of total assets
Liquidity 26-52
short-term debt 52.2% · cash 1.6%
Profitability 92-8
return on assets 21.7%
Bankruptcy probability within 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 2.4% 01-2025: 2.7%▲ +0.3 percentage points vs 12-2024 02-2025: 2.7%● unchanged vs 01-2025 03-2025: 3.0%▲ +0.3 percentage points vs 02-2025 04-2025: 3.0%● unchanged vs 03-2025highest value 05-2025: 0.5%▼ -2.5 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025lowest value 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.7%▲ +0.1 percentage points vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 1.1%▲ +0.4 percentage points vs 04-2026 06-2026: 2.5%▲ +1.4 percentage points vs 05-2026 07-2026: 2.5%● unchanged vs 06-2026 08-2026: 2.5%● unchanged 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
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.13 (2.24 in 2024), below the usual 1.5. Short-term debt is 52.2% and cash 1.6% of total assets. 69% of the assets are financed with debt and provisions.
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 43, micro). It does better than 33% of them on solvency, 15% on liquidity, 78% on profitability and 66% on growth.

The bankruptcy probability was computed on 04-11-2026 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 30-09-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).

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

Five signals.
raises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €91,869
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.13, cash €1,495, halved
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
on the day
2024
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 1 day before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end05-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 30-04-2026 PDF all 2 filings

Turnover
≈ €120,000
Estimated: probably between €84,000 and €180,000
Total assets
€91,869▲ 112%
2024 · €43,282
Net result
€19,917▼ 36.7%
2024 · €31,458
Working capital
€6,213▼ 74.1%
2024 · €23,958
Multi-year overview
2024 to 2025, 2 financial years
Operating result
€19,916
▼ 45.9% 2025
20242025
Net result
€19,917
▼ 36.7% 2025
middle half of the sector
20242025
Equity
€28,474
▲ 18.9% 2025
middle half of the sector
20242025
Total assets
€91,869
▲ 112% 2025
middle half of the sector
20242025
Debt
€63,395
▲ 228% 2025
20242025
Working capital
€6,213
▼ 74.1% 2025
middle half of the sector
20242025
Solvency
31.0%
▼ 24.4pp 2025
middle half of the sector
20242025
Current ratio
1.13
▼ 1.11 2025
middle half of the sector
20242025
Return on assets (ROA)
21.7%
▼ 51.0pp 2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€36,835-€19,916▼ 45.9%
Net result€31,458above the sector's middle half-€19,917within the sector's middle half▼ 36.7%
Equity€23,958within the sector's middle half-€28,474within the sector's middle half▲ 18.9%
Total assets€43,282below the sector's middle half-€91,869within the sector's middle half▲ 112%
Debt€19,324-€63,395▲ 228%
Working capital€23,958within the sector's middle half-€6,213within the sector's middle half▼ 74.1%
Solvency55.4%within the sector's middle half-31.0%within the sector's middle half▼ 24.4pp
Current ratio2.24within the sector's middle half-1.13within the sector's middle half▼ 1.11
Return on assets (ROA)72.7%above the sector's middle half-21.7%above the sector's middle half▼ 51.0pp
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 46% lower than in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91,869
Fixed assets €37,662
Current assets €54,208
Equity and liabilities €91,869
Equity €28,474 ▲ 18.9%
Debt €63,395 ▲ 228%
Debt's share of the balance-sheet total rises from 44.6% to 69.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€24,601
Cash flow
€24,602
Debt to equity
2.23▲
2024 · 0.81
ROE
69.9%▼
2024 · 131.3%
Debt ≤ 1 year
€47,995▲
2024 · €19,324
Debt > 1 year
€15,400
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item30-09-202430-09-2025
Tangible fixed assets-€42,347
Depreciation and write-downs of the year-€4,686

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€43,282€91,869▲
Fixed assets21/28-€37,662
Tangible fixed assets22/27-€37,662
Furniture and vehicles24-€37,662
Current assets29/58€43,282€54,208▲
Amounts receivable within one year40/41€22,745€52,574▲
Trade receivables40€22,745€48,890▲
Other amounts receivable41-€3,684
Cash at bank and in hand54/58€19,789€1,495▼
Deferred charges and accrued income490/1€747€139▼
Equity and liabilities
Total equity and liabilities10/49€43,282€91,869▲
Equity10/15€23,958€28,474▲
Contributions10/11€2,500€2,500=
Capital10€2,500€2,500=
Issued capital100€2,500€2,500=
Profit (loss) carried forward14€21,458€25,974▲
Amounts payable17/49€19,324€63,395▲
Amounts payable after more than one year17-€15,400
Other amounts payable178/9-€15,400
Amounts payable within one year42/48€19,324€47,995▲
Trade debts44€2,151€38,453▲
Suppliers440/4€2,151€38,453▲
Advances received on contracts in progress46€1,452-
Taxes, remuneration and social security45€5,555€4,399▼
Taxes450/3€5,555€2,978▼
Remuneration and social security454/9-€1,421
Other amounts payable47/48€10,166€5,144▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4,686
Other operating charges640/8€379€991▲
Gross operating margin9900€37,214€25,592▼
Operating profit (loss)9901€36,835€19,916▼
Financial income75/76B€1€1▼
Recurring financial income75€1€1▼
Profit (loss) for the period before taxes9903€36,836€19,917▼
Income taxes67/77€5,378-
Profit (loss) for the period9904€31,458€19,917▼
Profit (loss) for the period to be appropriated9905€31,458€19,917▼
Appropriation of the result
Profit (loss) to be appropriated9906€31,458€41,374▲
Profit (loss) brought forward from the previous period14P-€21,458
Profit to be distributed694/7€10,000€15,400▲
Directors or managers695€10,000€15,400▲

The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 30-04-2026.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4,686-
Other operating charges640/8€379€991▲ 161%
Gross operating margin9900€37,214€25,592▼ 31.2%
Operating profit (loss)9901€36,835€19,916▼ 45.9%
Financial income75/76B€1€1▼ 36.0%
Recurring financial income75€1€1▼ 36.0%
Profit (loss) for the period before taxes9903€36,836€19,917▼ 45.9%
Income taxes67/77€5,378--
Profit (loss) for the period9904€31,458€19,917▼ 36.7%
Profit (loss) for the period to be appropriated9905€31,458€19,917▼ 36.7%
Line20242025Change
Assets
Total assets20/58€43,282€91,869▲ 112%
Fixed assets21/28-€37,662-
Tangible fixed assets22/27-€37,662-
Furniture and vehicles24-€37,662-
Current assets29/58€43,282€54,208▲ 25.2%
Amounts receivable within one year40/41€22,745€52,574▲ 131%
Trade receivables40€22,745€48,890▲ 115%
Other amounts receivable41-€3,684-
Cash at bank and in hand54/58€19,789€1,495▼ 92.4%
Deferred charges and accrued income490/1€747€139▼ 81.5%
Equity and liabilities
Total equity and liabilities10/49€43,282€91,869▲ 112%
Equity10/15€23,958€28,474▲ 18.9%
Contributions10/11€2,500€2,500=
Capital10€2,500€2,500=
Issued capital100€2,500€2,500=
Profit (loss) carried forward14€21,458€25,974▲ 21.0%
Amounts payable17/49€19,324€63,395▲ 228%
Amounts payable after more than one year17-€15,400-
Other amounts payable178/9-€15,400-
Amounts payable within one year42/48€19,324€47,995▲ 148%
Trade debts44€2,151€38,453▲ 18×
Suppliers440/4€2,151€38,453▲ 18×
Advances received on contracts in progress46€1,452--
Taxes, remuneration and social security45€5,555€4,399▼ 20.8%
Taxes450/3€5,555€2,978▼ 46.4%
Remuneration and social security454/9-€1,421-
Other amounts payable47/48€10,166€5,144▼ 49.4%
Line20242025Change
Profit (loss) for the period9904€31,458€19,917▼ 36.7%
+ Depreciation and write-downs630-€4,686-
Operating cash flow (approximation)€31,458€24,602▼ 21.8%
Change in cash--€18,294-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 39,278 companies had the same profile as Itna-Tech has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
95.8% was still going
2.3% stopped otherwise
1.8% went bankrupt

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

The bankruptcy probability of Itna-Tech itself is higher: 2.5% within 12 months. It rests on far more data about Itna-Tech than the profile alone.

Test of the method

The method was tested on the 497,446 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 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 39,278 companies, not a prediction for Itna-Tech. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
30-09-2025 micro format 30-04-2026 2026-00104138 PDF
30-09-2024 micro format 28-04-2025 2025-00078527 PDF

Board & ownership

Directors

Directors
1 director, since incorporation
El Bouzidi Nassim
Director · since 04-08-2023 · listed in the 2025 annual accounts, filed on 30-04-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“TITEL IV. BESTUUR - CONTROLE Artikel 11. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
deed of 08-08-2023

Owners and capital

Shareholders

At incorporation deed of 08-08-2023 ↗

Capital transactions

Capital over time
  1. 08-08-2023 Incorporation · €2,500 · 100 shares

Mandate history

2 people, 1 in office
Show
  • Board
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
El Bouzidi Nassim
  • Director, from 04-08-2023 to date
EL BOUZIDI Nasim
  • Director (not named in the articles), appointed by deed of 08-08-2023, no longer listed in the 2025 annual accounts
See the board, name and registered office on a given date →

Network & group

Itna-Tech shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of Itna-Tech. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Deeds, filings and financial milestones

Deadline for the 2026 accounts: 30-04-2027
2026
30-04
NBB filing Annual accounts 2025 filedPDF
micro format · on the deadline day
2025
28-04
NBB filing Annual accounts 2024 filedPDF
micro format · 2 days before the deadline
2023
08-08
Gazette deed Incorporation
Founding capital of €2,500, 100 shares · Founder: EL BOUZIDI Nasim · Appointment: EL BOUZIDI Nasim (director)6 points ▸
  • Incorporation, 04-08-2023
  • Founder, EL BOUZIDI Nasim
  • Founding capital, €2,500, 100 shares
  • Registered office clause, Van Duyststraat 120, 2100 Antwerpen (Deurne)
  • Board rule, 1
  • Director appointment, EL BOUZIDI Nasim (director (not named in the articles))
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

Itna-Tech was incorporated on 4 August 2023 as a private limited company by one natural person, with a starting capital of €2,500.12 Since 2023, El Bouzidi Nassim has served as director.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-08-2023
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name Itna-Tech in Dutch
Enterprise number 0804.571.745
Legal form Private limited company
Status Active, normal situation
Founded 04-08-2023
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 08-08-2023 (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 08-08-2023 (in Dutch)

Registered office and establishments

Registered office Van Duyststraat 120, 2100 Antwerp, Belgium
Establishment unit Itna-Tech, Van Duyststraat 120, 2100 Antwerp since 04-08-2023 · unit number 2.348.297.942

Activities

NACEBEL 2025
43211 General electrical installation work main activity
Codes under NACEBEL 2008
43211 Specialised construction activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Grondwerken, aanleggen van leidingen, loodgieterij, elektricien, aanleg glasvezel; Koeltechnieker, plaatsen van airco’s en aanverwanten…”
23 activities
  1. Grondwerken, aanleggen van leidingen, loodgieterij, elektricien, aanleg glasvezel
  2. Koeltechnieker, plaatsen van airco’s en aanverwanten
  3. Installatie van industriële machines, toestellen en werktuigen
  4. Reparatie van andere apparatuur
  5. Reparatie van machines, plaatsen van digitale meters
  6. Ontwerpen, montage en onderhoud van systemen voor de continue bewaking van industriële processen
  7. Ontwerpen, montage en onderhoud van geautomatiseerde fabrieken, bestaande uit diverse machines en besturingsmechanismen en uit centrale bewakingsapparatuur
  8. Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden
  9. Reparatie van machines
  10. Plaatsten van digitale gas, elektriciteit en watermeters
  11. Allerlei bouwwerkzaamheden, voegwerken, metser, aanleggen van daken
  12. Isolatiewerkzaamheden, herstellen en onderhouden van allerlei ketels
  13. Allerlei schoonmaakwerken
  14. Overige adviesbureau, public relations, marketingbureau
  15. Restaurant, catering, brasserie
  16. De verkoop van consumptieproducten
  17. E-commerce, detailhandel, postorder bedrijf
  18. Autohandel, auto onderhoud, takeldienst
  19. Goederenvervoer, personenvervoer
  20. Horeca
  21. Adviesbureau, reclamebureau, administratiekantoor
  22. Handel in eigen onroerend goederen
  23. Patrimoniumvennootschap
deed of 08-08-2023 (in Dutch)

Invoicing and payment

VAT number BE 0804.571.745
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0804571745
Other Peppol ID 9925:BE0804571745
Registered 11-03-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0804.571.745

Financial year and general meeting

Accounts at the NBB
Financial year end 30-09
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of March at 20:00
deed of 08-08-2023 (in Dutch)

Recognitions · licences · registrations

Recognised contractor

2 categories
Itna-Tech BVapproval number 43174
  • C2 Water supply and laying all kinds of pipesclass 1, up to €162,000
  • P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 1, up to €162,000
decision 03-10-2023

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
87 m²
Building footprint
74 m²
Building volume
435 m³
Cadastral parcel Region Area Buildings Height / floors
11012A0024/00N003 Flanders 87 m² 1 · 74 m² 9.2 m · 2