itnova
ActiveSummary
itnova has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113,371 and a net result of €37,259. Equity is shrinking by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 39% of 1438 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2023
Profitability68▼-30
Solvency52▼-24
Growth34▼-37
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 5.68 against 3.1 in 2023; short-term debt: 17.4% and cash: 79.1% of total assets), but 73.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.6%
Return on assets
8.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2023
26 d late
2023
5 d early
2022
52 d late
2021
3 d late
2020
40 d late
2019
34 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days after the deadline; the sector median for financial year 2023 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, full schema
Turnover
€1.2m▼ 25.9%
2023 · €1.6m
EBIT margin
5.5%▼ 19.7pp
2023 · 25.2%
Net result
€37,259▼ 87.5%
2023 · €297,599
Working capital
€346,596▼ 59.8%
2023 · €861,537
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320232025
Turnover€1.4m▲ 23.1%€1.6m▲ 15.6%€1.5m▼ 3.1%€1.6m-€1.2m-
Operating result€399,220▲ 40.8%€436,587▲ 9.4%€412,615▼ 5.5%€403,025-€65,329-
Net result€300,019▲ 60.1%€327,633▲ 9.2%€291,132▼ 11.1%€297,599-€37,259-
EBIT margin29.5%▲ 3.7pp27.9%▼ 1.6pp27.2%▼ 0.7pp25.2%-5.5%-
Equity€672,322=€999,955▲ 48.7%€447,013▼ 55.3%€678,112-€113,371-
Total assets€1.4m▲ 22.0%€1.6m▲ 11.3%€1.5m▼ 6.0%€1.3m-€426,709-
Debt€507,507▲ 102%€339,615▼ 33.1%€797,362▲ 135%€410,642-€74,138-
Working capital€856,092▼ 4.9%€1.1m▲ 30.5%€620,964▼ 44.4%€861,537-€346,596-
Staff (FTE)4.6▲ 15.0%5▲ 8.7%6▲ 20.0%7.2-3.5-
Why a figure moved sharply
- 2023 Equity -55% on 2022. Cause not known from the registers.
- 2021 Net result +60% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €426,709
Fixed assets
€5,975 ▼ 89.3%
Current assets
€420,733 ▼ 66.9%
Equity and liabilities €426,709
Equity
€113,371 ▼ 83.3%
Provisions
€239,200 =
Debt
€74,138 ▼ 81.9%
Debt's share of the balance-sheet total falls from 30.9% to 17.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€73,449▼
2023 · €421,096
Cash flow
€45,379▼
2023 · €315,670
Current ratio
5.68▲
2023 · 3.10
Debt to equity
0.65▲
2023 · 0.61
ROE
32.9%▼
2023 · 43.9%
ROA
8.7%▼
2023 · 22.4%
Interest coverage
15.89▼
2023 · 96.07
Debt ≤ 1 year
€74,138▼
2023 · €410,642
Income taxes
€34,712▼
2023 · €106,693
Staff costs
€481,236▼
2023 · €936,655
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,811 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €1.4m | €1.6m | €1.5m | €1.6m | €1.2m | - |
| Non-recurring operating income76A | - | €4,413 | €3,584 | - | €195 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €391,874 | €311,887 | €245,418 | €532,628 | - |
| Remuneration, social security and pensions62 | - | €707,197 | €775,447 | €936,655 | €481,236 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,743 | €37,608 | €23,068 | €18,071 | €8,120 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €88,958 | - |
| Other operating charges640/8 | - | €998 | €998 | €1,090 | €1,431 | - |
| Non-recurring operating charges66A | - | €3,270 | €116 | €960 | €10,756 | - |
| Gross operating margin9900 | €997,843 | €1.2m | €1.2m | €1.4m | €655,831 | - |
| Operating profit (loss)9901 | €399,220 | €436,587 | €412,615 | €403,025 | €65,329 | - |
| Financial income75/76B | - | €11,811 | €10,514 | €5,651 | €11,263 | - |
| Recurring financial income75 | €13,113 | €11,811 | €10,514 | €5,651 | €11,263 | - |
| Financial charges65/66B | - | €3,523 | €28,452 | €4,383 | €4,621 | - |
| Recurring financial charges65 | €5,261 | €3,523 | €7,357 | €4,383 | €4,621 | - |
| Non-recurring financial charges66B | - | - | €21,095 | - | - | - |
| Profit (loss) for the period before taxes9903 | €402,463 | €444,876 | €394,677 | €404,292 | €71,970 | - |
| Income taxes67/77 | €102,443 | €117,243 | €103,545 | €106,693 | €34,712 | - |
| Profit (loss) for the period9904 | €300,019 | €327,633 | €291,132 | €297,599 | €37,259 | - |
| Profit (loss) for the period to be appropriated9905 | €300,019 | €327,633 | €291,132 | €297,599 | €37,259 | - |
| Line | 2021 | 2022 | 2023 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.6m | €1.5m | €1.3m | €426,709 | - |
| Fixed assets21/28 | €90,694 | €140,395 | €65,249 | €55,776 | €5,975 | - |
| Tangible fixed assets22/27 | €89,447 | €139,148 | €64,452 | €54,979 | €5,178 | - |
| Furniture and vehicles24 | - | €139,148 | €64,452 | €54,979 | €5,178 | - |
| Financial fixed assets28 | €1,247 | €1,247 | €797 | €797 | €797 | - |
| Current assets29/58 | €1.3m | €1.4m | €1.4m | €1.3m | €420,733 | - |
| Amounts receivable after more than one year29 | - | €658,735 | €581,169 | €327,973 | - | - |
| Other amounts receivable291 | - | €658,735 | €581,169 | €327,973 | - | - |
| Amounts receivable within one year40/41 | €368,454 | €301,900 | €533,689 | €447,013 | €79,921 | - |
| Trade receivables40 | - | €186,703 | €517,234 | €430,558 | €72,783 | - |
| Other amounts receivable41 | - | €115,198 | €16,455 | €16,455 | €7,138 | - |
| Cash at bank and in hand54/58 | €220,764 | €472,086 | €299,224 | €494,639 | €337,318 | - |
| Deferred charges and accrued income490/1 | - | €5,652 | €4,244 | €2,554 | €3,494 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.6m | €1.5m | €1.3m | €426,709 | - |
| Equity10/15 | €672,322 | €999,955 | €447,013 | €678,112 | €113,371 | - |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | - |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | - |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | - |
| Reserves13 | €375,810 | €375,810 | €331,810 | €265,310 | €50,310 | - |
| Non-distributable reserves130/1 | - | €13,310 | €13,310 | €13,310 | €13,310 | - |
| Legal reserve130 | - | €13,310 | €13,310 | €13,310 | €13,310 | - |
| Distributable reserves133 | - | €362,500 | €318,500 | €252,000 | €37,000 | - |
| Profit (loss) carried forward14 | €234,512 | €562,145 | €53,203 | €350,802 | €1,061 | - |
| Provisions and deferred taxes16 | €239,200 | €239,200 | €239,200 | €239,200 | €239,200 | - |
| Provisions for liabilities and charges160/5 | - | €239,200 | €239,200 | €239,200 | €239,200 | - |
| Environmental obligations163 | - | €239,200 | €239,200 | €239,200 | €239,200 | - |
| Amounts payable17/49 | €507,507 | €339,615 | €797,362 | €410,642 | €74,138 | - |
| Amounts payable after more than one year17 | €35,263 | €18,574 | - | - | - | - |
| Financial debts170/4 | - | €18,574 | - | - | - | - |
| Amounts payable within one year42/48 | €472,244 | €321,041 | €797,362 | €410,642 | €74,138 | - |
| Current portion of amounts payable after more than one year42 | - | €93,324 | €103,648 | €85,488 | - | - |
| Trade debts44 | €73,409 | €29,455 | €96,793 | €104,581 | €28,211 | - |
| Suppliers440/4 | - | €29,455 | €96,793 | €104,581 | €28,211 | - |
| Taxes, remuneration and social security45 | - | €145,762 | €305,999 | €194,641 | €4,350 | - |
| Taxes450/3 | - | €63,681 | €213,839 | €87,446 | €4,350 | - |
| Remuneration and social security454/9 | - | €82,080 | €92,160 | €107,195 | - | - |
| Other amounts payable47/48 | - | €52,500 | €290,922 | €25,932 | €41,577 | - |
| Line | 2021 | 2022 | 2023 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €300,019 | €327,633 | €291,132 | €297,599 | €37,259 | - |
| + Depreciation and write-downs630 | €10,743 | €37,608 | €23,068 | €18,071 | €8,120 | - |
| Operating cash flow (approximation) | €310,763 | €365,241 | €314,200 | €315,670 | €45,379 | - |
| Investment in fixed assets (approximation) | - | -€87,309 | €52,078 | - | - | - |
| Change in cash | - | €251,322 | -€172,862 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
25-03
State Gazette act
Registered officeRegistered-office move · Seat change effective date3 facts ▸
State Gazette act
Registered office
Registered-office move · Seat change effective date3 facts ▸
- General meeting, 03/03/2026
- Registered-office move, Avenue de la reine des prés 7, 1020 Bruxelles
- Seat change effective date, 01/04/2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Weakest financial yearnet €37,259 ▼87.5%
Net result drops to €37,259, the lowest in the series.
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
31-12
Financial
Equity above €500,000Eq €678,112 ▲51.7%
6 profitable years in a row build equity to €678,112.
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 52 days late
31-03
Financial
Highest result since 2019net €327,633 ▲9.2%
Operating result €436,587, net result €327,633, both a record.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2020
10-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 40 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
17-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 85 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2003
Ground area
1.7 ha
Building footprint
1,153 m²
Volume, LiDAR
13,904 m³
2 parcels, Brussels, Wallonia · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
51
companies at this address
See who is registered here
1 establishment unit
ITNOVA
since 20032.134.197.364
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112N0017/00A002 | Wallonia | 1.7 ha | 1 · 1,071 m² | 14.7 m · 4 fl. |
| 21818F0017/00L008 | Brussels | 159 m² | 1 · 82 m² | 16.6 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900T6I4N43OMT7W49
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 15,534 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-11-2003
Fiscal year end30-06
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0861505993
Registered
01-01-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.