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ITODD

Active
Private limited companyfounded 2024active for 2 yearsJoseph Smeetslaan(M) 118, 3630 Maasmechelen, BelgiumKBO/BCE: BE 1006.880.586
Summary

The computed 12-month bankruptcy probability of ITODD is 2.7% (moderate). The 2025 annual accounts show equity of €72,099 and a net result of €69,099. Its solvency ranks better than 73% of 13,668 sector peers (NACE 46, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

2025 annual accounts filed late (168 days) Filed on 17 April 2026, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2026-00081575.

Turnover
≈ €370,000
Estimated: probably between €200,000 and €520,000
Total assets
€105,383
Net result
€69,099
Working capital
€71,495

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

Balance-sheet composition
Assets €105,383
Fixed assets €604
Current assets €104,779
Equity and liabilities €105,383
Equity €72,099
Debt €33,284
Debt finances 31.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€97,000
Cash flow
€69,153
Current ratio
3.15
Debt to equity
0.46
ROE
95.8%
ROA
65.6%
Interest coverage
over 100
Debt ≤ 1 year
€33,284
Income taxes
€23,140

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% still going

For this company itself Checked computes a higher bankruptcy probability: 2.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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
Filed annual accounts As filed with the NBB · 2025 · 32 lines
Balance sheet Code2025
Assets
Total assets20/58€105,383
Fixed assets21/28€604
Tangible fixed assets22/27€604
Furniture and vehicles24€604
Current assets29/58€104,779
Amounts receivable within one year40/41€14,123
Other amounts receivable41€14,123
Cash at bank and in hand54/58€90,656
Equity and liabilities
Total equity and liabilities10/49€105,383
Equity10/15€72,099
Contributions10/11€3,000
Profit (loss) carried forward14€69,099
Amounts payable17/49€33,284
Amounts payable within one year42/48€33,284
Trade debts44€109
Suppliers440/4€109
Taxes, remuneration and social security45€23,140
Taxes450/3€23,140
Other amounts payable47/48€10,035
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54
Gross operating margin9900€97,000
Operating profit (loss)9901€96,946
Financial income75/76B€216
Recurring financial income75€216
Financial charges65/66B€99
Recurring financial charges65€99
Profit (loss) for the period before taxes9903€97,063
Transfer to deferred taxes680€4,824
Income taxes67/77€23,140
Profit (loss) for the period9904€69,099
Profit (loss) for the period to be appropriated9905€69,099
Appropriation of the result
Profit (loss) to be appropriated9906€69,099

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54
Gross operating margin9900€97,000
Operating profit (loss)9901€96,946
Financial income75/76B€216
Recurring financial income75€216
Financial charges65/66B€99
Recurring financial charges65€99
Profit (loss) for the period before taxes9903€97,063
Transfer to deferred taxes680€4,824
Income taxes67/77€23,140
Profit (loss) for the period9904€69,099
Profit (loss) for the period to be appropriated9905€69,099
Line2025
Assets
Total assets20/58€105,383
Fixed assets21/28€604
Tangible fixed assets22/27€604
Furniture and vehicles24€604
Current assets29/58€104,779
Amounts receivable within one year40/41€14,123
Other amounts receivable41€14,123
Cash at bank and in hand54/58€90,656
Equity and liabilities
Total equity and liabilities10/49€105,383
Equity10/15€72,099
Contributions10/11€3,000
Profit (loss) carried forward14€69,099
Amounts payable17/49€33,284
Amounts payable within one year42/48€33,284
Trade debts44€109
Suppliers440/4€109
Taxes, remuneration and social security45€23,140
Taxes450/3€23,140
Other amounts payable47/48€10,035
Line2025
Profit (loss) for the period9904€69,099
+ Depreciation and write-downs630€54
Operating cash flow (approximation)€69,153

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-03-2025 micro format 17-04-2026 2026-00081575

Similar companies · same sector, comparable size

Of the 266 active companies whose main activity is wholesale trade (NACE 46474), figures are known for 187. 122 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 · 1 entry · €323 awarded · €323 paid
Schemes
1 entry · €323 · €323 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.