ITOP
ActiveSummary
ITOP has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of -€9,971. Equity remains stable across the filed fiscal years (±0.7% per year). The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 7 accounts on average 24 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 8,611 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,815 | €51,148 | €48,048 | €45,852 | €47,932 | ▲ 4.5% |
| Other operating charges640/8 | €6,489 | €6,639 | €7,244 | €7,854 | €7,780 | ▼ 0.9% |
| Gross operating margin9900 | €65,948 | €51,441 | €49,827 | €44,594 | €43,200 | ▼ 3.1% |
| Operating profit (loss)9901 | -€5,356 | -€6,345 | -€5,465 | -€9,112 | -€12,511 | ▼ 37.3% |
| Financial income75/76B | €55 | €0 | €2,095 | €2,109 | €2,561 | ▲ 21.5% |
| Recurring financial income75 | €55 | €0 | €2,095 | €2,109 | €2,561 | ▲ 21.5% |
| Financial charges65/66B | €48 | €48 | €96 | €0 | €21 | - |
| Recurring financial charges65 | €48 | €48 | €96 | €0 | €21 | - |
| Profit (loss) for the period before taxes9903 | -€5,348 | -€6,393 | -€3,466 | -€7,003 | -€9,971 | ▼ 42.4% |
| Transfer from deferred taxes780 | €0 | - | - | - | - | - |
| Income taxes67/77 | €1,880 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | -€7,228 | -€6,393 | -€3,466 | -€7,003 | -€9,971 | ▼ 42.4% |
| Transfer from tax-exempt reserves789 | €11,740 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €4,512 | -€6,393 | -€3,466 | -€7,003 | -€9,971 | ▼ 42.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | ▼ 0.8% |
| Fixed assets21/28 | €1.3m | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 3.4% |
| Tangible fixed assets22/27 | €1.3m | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 3.4% |
| Land and buildings22 | €1.3m | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 3.4% |
| Furniture and vehicles24 | €1,244 | €533 | €0 | - | - | - |
| Current assets29/58 | €121,841 | €160,821 | €205,106 | €237,304 | €265,732 | ▲ 12.0% |
| Amounts receivable within one year40/41 | - | - | - | €1,236 | €1,914 | ▲ 54.8% |
| Other amounts receivable41 | - | - | - | €1,236 | €1,914 | ▲ 54.8% |
| Current investments50/53 | - | - | €125,000 | €150,000 | €200,000 | ▲ 33.3% |
| Cash at bank and in hand54/58 | €121,841 | €160,821 | €77,549 | €78,873 | €56,096 | ▼ 28.9% |
| Deferred charges and accrued income490/1 | €0 | - | €2,556 | €7,195 | €7,722 | ▲ 7.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | ▼ 0.8% |
| Equity10/15 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | ▼ 0.7% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €431,200 | €431,200 | €431,200 | €431,200 | €431,200 | = |
| Non-distributable reserves130/1 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €425,000 | €425,000 | €425,000 | €425,000 | €425,000 | = |
| Profit (loss) carried forward14 | €894,082 | €887,689 | €884,223 | €877,220 | €867,250 | ▼ 1.1% |
| Amounts payable17/49 | €9,080 | €7,200 | €8,838 | €9,117 | €8,208 | ▼ 10.0% |
| Amounts payable after more than one year17 | €7,200 | €7,200 | €7,200 | €7,200 | €7,200 | = |
| Other amounts payable178/9 | €7,200 | €7,200 | €7,200 | €7,200 | €7,200 | = |
| Amounts payable within one year42/48 | €1,880 | €0 | €1,590 | €1,917 | €1,008 | ▼ 47.4% |
| Trade debts44 | - | - | €1,590 | €1,917 | €1,008 | ▼ 47.4% |
| Suppliers440/4 | - | - | €1,590 | €1,917 | €1,008 | ▼ 47.4% |
| Taxes, remuneration and social security45 | €1,880 | €0 | - | - | - | - |
| Taxes450/3 | €1,880 | €0 | - | - | - | - |
| Other amounts payable47/48 | €0 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | €0 | - | €48 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,228 | -€6,393 | -€3,466 | -€7,003 | -€9,971 | ▼ 42.4% |
| + Depreciation and write-downs630 | €64,815 | €51,148 | €48,048 | €45,852 | €47,932 | ▲ 4.5% |
| Operating cash flow (approximation) | €57,586 | €44,755 | €44,582 | €38,849 | €37,961 | ▼ 2.3% |
| Investment in fixed assets (approximation) | - | -€3,894 | -€1,936 | -€6,929 | -€8,624 | ▼ 24.5% |
| Change in cash | - | €38,981 | -€83,272 | €1,324 | -€22,777 | ▼ 1,820% |
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
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052A0083/00B006 | Flanders | 710 m² | 1 · 262 m² | 9.6 m · 3 fl. |
Linked by address, not proof of ownership
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 3,300 EUR awarded · 3,300 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,300 EUR | 3,300 EUR |
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.