ITP Agency
ActiveITP Agency has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.20M and a net result of €1.58M. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 37% of 178 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-15
Solvency54▲+7
Growth75▲+7
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.18 in 2024; short-term debt: 70.4% and cash: 27.1% of total assets), and 71.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
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
28.9%
Return on assets
14.2%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-04-2026, 95 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
95 d early
2024
113 d early
2023
62 d early
2022
109 d early
2021
114 d early
2020
110 d early
2019
105 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€23.04M▼ 6.2%
2024 · €24.57M
2020: €13.41M
2021: €17.48M
2022: €20.53M
2023: €25.84M
2024: €24.57M
2020 → 2025
EBIT margin
9.5%▼ 6.3pp
2024 · 15.8%
2020: 15.6%
2021: 21.1%
2022: 19.6%
2023: 18.3%
2024: 15.8%
2020 → 2025
Net result
€1.58M▼ 44.2%
2024 · €2.83M
2018: €1.22M
2019: €1.47M
2020: €1.54M
2021: €2.74M
2022: €2.90M
2023: €3.42M
2024: €2.83M
2018 → 2025
Working capital
€2.19M▲ 19.6%
2024 · €1.83M
2018: €2.52M
2019: €3.42M
2020: €2.88M
2021: €1.55M
2022: €2.87M
2023: €2.88M
2024: €1.83M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€17.48M-€20.53M▲ 17.4%€25.84M▲ 25.9%€24.57M▼ 4.9%€23.04M▼ 6.2%
Equity€2.11M-€3.20M▲ 52.0%€3.82M▲ 19.3%€2.84M▼ 25.6%€3.20M▲ 12.5%
Operating result€3.69M-€4.01M▲ 8.7%€4.73M▲ 17.8%€3.88M▼ 18.1%€2.18M▼ 43.7%
Net result€2.74M-€2.90M▲ 5.7%€3.42M▲ 18.1%€2.83M▼ 17.4%€1.58M▼ 44.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 44% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.07M
Fixed assets
€1.08M▲ 1.9%
Current assets
€9.98M▼ 15.3%
Equity and liabilities €11.07M
Equity
€3.20M▲ 12.5%
Debt
€7.87M▼ 21.3%
The debt ratio falls from 77.9% to 71.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.38M▼
2024 · €4.03M
Cash flow
€1.78M▼
2024 · €2.98M
Solvency
28.9%▲
2024 · 22.1%
Current ratio
1.28▲
2024 · 1.18
Quick ratio
1.24▲
2024 · 1.15
Debt / equity
2.46▼
2024 · 3.52
ROE
49.3%▼
2024 · 99.5%
ROA
14.2%▼
2024 · 22.0%
Interest coverage
27.79▼
2024 · 47.93
Debt
€7.87M▼
2024 · €10.01M
Debt ≤ 1 year
€7.79M▼
2024 · €9.95M
Income taxes
€614k▼
2024 · €1.02M
Staff costs
€10.45M▼
2024 · €10.75M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€12.85M€11.07M▼
Fixed assets21/28€1.06M€1.08M▲
Intangible fixed assets21-€114k
Tangible fixed assets22/27€319k€225k▼
Plant, machinery and equipment23€28k€22k▼
Furniture and vehicles24€124k€79k▼
Other tangible fixed assets26€168k€125k▼
Financial fixed assets28€745k€745k=
Affiliated companies280/1€710k€710k=
Participating interests280€710k€710k=
Other financial fixed assets284/8€35k€35k=
Shares284€24k€24k=
Amounts receivable and cash guarantees285/8€11k€11k=
Current assets29/58€11.79M€9.98M▼
Amounts receivable after more than one year29€170k€170k=
Trade receivables290€170k€170k=
Stocks and contracts in progress3€319k€306k▼
Contracts in progress37€319k€306k▼
Amounts receivable within one year40/41€5.32M€5.61M▲
Trade receivables40€4.00M€4.84M▲
Other amounts receivable41€1.32M€770k▼
Current investments50/53€1.41M€410k▼
Own shares50€410k€410k=
Other investments51/53€1.00M€0▼
Cash at bank and in hand54/58€4.01M€3.00M▼
Deferred charges and accrued income490/1€558k€480k▼
Equity and liabilities
Total equity and liabilities10/49€12.85M€11.07M▼
Equity10/15€2.84M€3.20M▲
Contributions10/11€403k€403k=
Capital10€403k€403k=
Issued capital100€403k€403k=
Reserves13€2.44M€2.44M=
Non-distributable reserves130/1€451k€451k=
Legal reserve130€40k€40k=
Own shares acquired1312€410k€410k=
Distributable reserves133€1.99M€1.99M=
Investment grants15-€355k
Amounts payable17/49€10.01M€7.87M▼
Amounts payable within one year42/48€9.95M€7.79M▼
Financial debts43€0€506k▲
Credit institutions430/8€0-
Other loans439-€506k
Trade debts44€2.61M€2.69M▲
Suppliers440/4€2.61M€2.69M▲
Advances received on contracts in progress46€814k€793k▼
Taxes, remuneration and social security45€2.72M€2.23M▼
Taxes450/3€1.01M€632k▼
Remuneration and social security454/9€1.71M€1.59M▼
Other amounts payable47/48€3.81M€1.58M▼
Accrued charges and deferred income492/3€57k€82k▲
Income statement
Code20242025
Operating income70/76A€25.20M€23.70M▼
Turnover70€24.57M€23.04M▼
Change in stocks of work in progress, finished goods and contracts in progress71€21k€-13k▼
Own construction capitalised72-€171k
Other operating income74€614k€504k▼
Non-recurring operating income76A€0-
Operating charges60/66A€21.32M€21.52M▲
Goods for resale, raw materials and consumables60€5.09M€5.77M▲
Purchases600/8€5.09M€5.77M▲
Services and other goods61€5.31M€5.07M▼
Remuneration, social security and pensions62€10.75M€10.45M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€152k€200k▲
Other operating charges640/8€24k€23k▼
Operating profit (loss)9901€3.88M€2.18M▼
Financial income75/76B€72k€117k▲
Recurring financial income75€72k€117k▲
Other financial income752/9€72k€117k▲
Financial charges65/66B€102k€109k▲
Recurring financial charges65€102k€109k▲
Debt charges650€84k€86k▲
Other financial charges652/9€17k€23k▲
Profit (loss) for the period before taxes9903€3.85M€2.19M▼
Income taxes67/77€1.02M€614k▼
Taxes670/3€1.02M€622k▼
Tax adjustments and reversals of tax provisions77€2k€8k▲
Profit (loss) for the period9904€2.83M€1.58M▼
Profit (loss) for the period to be appropriated9905€2.83M€1.58M▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.83M€1.58M▼
Transfer from equity791/2€1.00M€0▼
From reserves792€1.00M€0▼
Transfer to equity691/2€21k€0▼
To other reserves6921€21k€0▼
Profit to be distributed694/7€3.81M€1.58M▼
Return on contributions (dividend)694€3.45M€1.28M▼
Directors or managers695€355k€300k▼
Social balance
Average headcount (FTE)9087134.7123.7▼
The notes to these accounts (59 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €3.42M ▲18.1%
Operating result €4.73M, net result €3.42M, both a record.
13-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
08-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
12-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
16-07-2021
LFG invest: Resigned as Director
16-07-2021
PIELIE: Resigned as Director
16-07-2021
Superscreen: Resigned as Director
26-03-2018
Louis Jonckheere: Resigned as Director
04-05-2015
Nirınip BVBA: Resigned as Director
05-09-2013
Louis Jonckheere: Resigned as Director
05-09-2013
Jeroen Lemaire: Resigned as Director
05-09-2013
Pieterjan Bouten: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 3 establishment units since 2010
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.
Sassevaartstraat 469000 GentGround area
2.3 ha
Building footprint
1.7 ha
Volume, LiDAR
77,121 m³
2 parcels, Flanders · tallest building 23.8 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
IN THE POCKET
since 20102.187.357.918
ITP Agency
since 20192.288.188.626
ITP Agency
since 20232.340.247.041
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A2735/00X002 | Flanders | 2.2 ha | 1 · 1.6 ha | 23.8 m |
| 24062A0440/00G002 | Flanders | 955 m² | 1 · 824 m² | 14.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 12 entries · 462,254 EUR awarded · 225,647 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 400,653 EUR | 162,573 EUR |
| 2024 | 3 | 29,271 EUR | 29,245 EUR |
| 2023 | 3 | 22,504 EUR | 24,003 EUR |
| 2022 | 2 | 9,826 EUR | 9,826 EUR |
Schemes
Ontwikkelingsproject
Vlaams opleidingsverlof (VOV)
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Werkbaarheidscheque (stopgezet)
Recognitions · licences · registrations
Legal Entity Identifier
967600QSG0X6IJ1X7087
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Proximus Ada
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Of 2,731 companies in sector 63100 we hold annual accounts for 1,275. 359 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-04-2010
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.