ITODD
ActiveSummary
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.
Overview
- Equity
- €72,099
- Profit
- €69,099
Why 54raises riskLast filed accounts filed 168 days late; 1 of the last 3 late1 change of registered office in 24 monthsFounded in 2024lowers riskLiquidity: current ratio 3.15, cash €90,656Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 74% on solvency, 87% on liquidity and 95% on profitability.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeRegistered-office move · Director in…
- IncorporationAppointment: TODDE Massimo (director) ·…
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 and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf 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
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%.
| 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.
| Line | 2025 |
|---|---|
| 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 |
| Line | 2025 | |
|---|---|---|
| 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 | |
| Line | 2025 |
|---|---|
| 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.
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
Subsidies and aid
Flemish government
2024 · 1 entry · €323 awarded · €323 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| TODDE Massimo |
|
Owners and capital
Capital and shareholders
- TODDE Massimo 300 shares (100%) · €3,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 11-03-2024 Incorporation · €3,000 · 300 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
05-03
Gazette deed
Registered officeRegistered-office move · Director in office2 facts ▸
- Registered-office move, JOSEPH SMEETSLAAN 118 TE 3630 MAASMECHELEN
- Director in office, MASSIMO TODDE (director)
11-03
Gazette deed
IncorporationAppointment: TODDE Massimo (director) · Founder · Founding capital12 facts ▸
- Incorporation, “ITODD” (deed in Dutch)
- Founder, TODDE Massimo
- Other provision, “financieel plan, bedrag van het aanvangsvermogen” (deed in Dutch)
- Other provision, “bewaring financieel plan, Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Founding capital, €3,000
- Bank account, “besloten vennootschap in oprichting, bijzondere rekening” (deed in Dutch)
- Other provision, 05-03-2024
- Other provision, “vaststelling statuten” (deed in Dutch)
- Share issue, 300, “inbrengen” (deed in Dutch)
- Registered office clause, “3530 Houthalen-Helchteren,Koolmijnlaan 5 bus 021” (deed in Dutch)
- Board rule, 1
- Director appointment, TODDE Massimo (director (not named in the articles))
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 73048C0530/00P002 | Flanders | 372 m² | 1 · 144 m² | 7.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ITODD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, overbrenging naar om het even welke plaats in tweetalig gebied Brussel Hoofdstad of Nederlands taalgebied door eenvoudige…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen, 1” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager helft koper(s) naar evenredigheid aantal aandelen, elke overdracht onder levenden ten bezwarende of kosteloze titel…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 15 September at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed