ITnovation
ActiveITnovation has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €114k and a net result of €10k. Equity is growing by ~33.1% per year across the filed fiscal years. Its solvency ranks better than 64% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
86
/ 100
Excellent▼ -14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability45▼-55
Solvency100=
Growth52▼-26
Stability94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 3.73 against 2.85 in 2023), and 26% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-03-2025, 135 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
135 d early
2023
41 d early
2022
20 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€114k▲ 10.0%
2023 · €103k
2022: €45k
2023: €103k
2022 → 2024
Total assets
€153k▲ 0.6%
2023 · €153k
2022: €77k
2023: €153k
2022 → 2024
Net result
€10k▼ 82.3%
2023 · €58k
2022: €40k
2023: €58k
2022 → 2024
Working capital
€108k▲ 18.4%
2023 · €91k
2022: €36k
2023: €91k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€45k-€103k▲ 129%€114k▲ 10.0%
Operating result€53k-€75k▲ 43.1%€16k▼ 78.1%
Net result€40k-€58k▲ 44.6%€10k▼ 82.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 78% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €153k
Fixed assets
€6k▼ 52.8%
Current assets
€148k▲ 5.1%
Equity and liabilities €153k
Equity
€114k▲ 10.0%
Debt
€40k▼ 19.1%
The debt ratio falls from 32.3% to 26.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€23k▼
2023 · €80k
Cash flow
€17k▼
2023 · €63k
Solvency
74.0%▲
2023 · 67.7%
Current ratio
3.73▲
2023 · 2.85
Quick ratio
3.73▲
2023 · 2.85
Debt / equity
0.35▼
2023 · 0.48
ROE
9.1%▼
2023 · 56.3%
ROA
6.7%▼
2023 · 38.1%
Interest coverage
8.14▼
2023 · 74.96
Debt
€40k▼
2023 · €49k
Debt ≤ 1 year
€40k▼
2023 · €49k
Income taxes
€3k▼
2023 · €16k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€153k€153k▲
Fixed assets21/28€12k€6k▼
Tangible fixed assets22/27€12k€6k▼
Furniture and vehicles24€12k€6k▼
Current assets29/58€141k€148k▲
Amounts receivable within one year40/41€18k€27k▲
Trade receivables40€18k€27k▲
Cash at bank and in hand54/58€123k€121k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€153k€153k▲
Equity10/15€103k€114k▲
Contributions10/11€5k€5k=
Reserves13€98k€109k▲
Distributable reserves133€98k€109k▲
Amounts payable17/49€49k€40k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€49k€40k▼
Current portion of amounts payable after more than one year42€381€0▼
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Taxes, remuneration and social security45€40k€30k▼
Taxes450/3€38k€30k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€3k€5k▲
Accrued charges and deferred income492/3-€240
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€81k€24k▼
Operating profit (loss)9901€75k€16k▼
Financial income75/76B€10€40▲
Recurring financial income75€10€40▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€74k€14k▼
Income taxes67/77€16k€3k▼
Profit (loss) for the period9904€58k€10k▼
Profit (loss) for the period to be appropriated9905€58k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€10k▼
Transfer to equity691/2€58k€10k▼
To other reserves6921€58k€10k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €10k ▼82.3%
Net result drops to €10k, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €58k ▲44.6%
Operating result €75k, net result €58k, both a record.
31-12
Financial
Equity above €100kEq €103k ▲129%
2 profitable years in a row build equity to €103k.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, As · 1 establishment unit since 2021
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.
Verbindingsstraat 63665 AsGround area
457 m²
Building footprint
124 m²
Volume, LiDAR
472 m³
Parcel 71043B0006/00B022, Flanders · tallest building 4.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ITnovation
since 20212.323.507.019
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71043B0006/00B022 | Flanders | 457 m² | 1 · 124 m² | 4.4 m · 1 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.
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Greyfox Consulting
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Kajko
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BRAINLANE
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Of 29,885 companies in sector 62200 we hold annual accounts for 18,322. 15,473 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-10-2021
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.