Summary
ITP GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €2.3m and a net result of -€466,463. Equity is growing by ~2.6% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 5 accounts on average 27 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, abbreviated schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,375 | €2,220 | €2,220 | €4,234 | ▲ 90.8% |
| Other operating charges640/8 | €1,186 | €964 | €1,160 | €1,218 | ▲ 5.0% |
| Gross operating margin9900 | €737,971 | €164,483 | -€54,609 | -€125,427 | ▼ 130% |
| Operating profit (loss)9901 | €733,409 | €161,300 | -€57,988 | -€130,879 | ▼ 126% |
| Financial income75/76B | €225,050 | €0 | €700,000 | €17,829 | ▼ 97.5% |
| Recurring financial income75 | €225,050 | €0 | €700,000 | €17,829 | ▼ 97.5% |
| Financial charges65/66B | €292,471 | €190,951 | €344,283 | €353,413 | ▲ 2.7% |
| Recurring financial charges65 | €292,471 | €190,951 | €344,283 | €353,413 | ▲ 2.7% |
| Profit (loss) for the period before taxes9903 | €665,988 | -€29,651 | €297,728 | -€466,463 | ▼ 257% |
| Income taxes67/77 | €110,247 | €0 | - | - | - |
| Profit (loss) for the period9904 | €555,741 | -€29,651 | €297,728 | -€466,463 | ▼ 257% |
| Profit (loss) for the period to be appropriated9905 | €555,741 | -€29,651 | €297,728 | -€466,463 | ▼ 257% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €7.9m | €8.1m | €10.9m | €16.4m | ▲ 50.1% |
| Formation expenses20 | €7,723 | €5,503 | €3,283 | €1,064 | ▼ 67.6% |
| Fixed assets21/28 | €7.9m | €7.9m | €10.9m | €15.2m | ▲ 39.6% |
| Intangible fixed assets21 | - | - | - | €24,485 | - |
| Financial fixed assets28 | €7.9m | €7.9m | €10.9m | €15.1m | ▲ 39.4% |
| Current assets29/58 | €45,414 | €239,981 | €42,946 | €1.2m | ▲ 2,706% |
| Amounts receivable within one year40/41 | - | €36,300 | €27,413 | €1.1m | ▲ 3,787% |
| Trade receivables40 | - | €36,300 | €0 | €32,268 | - |
| Other amounts receivable41 | - | - | €27,413 | €1.0m | ▲ 3,669% |
| Cash at bank and in hand54/58 | €44,602 | €202,868 | €14,719 | €125,203 | ▲ 751% |
| Deferred charges and accrued income490/1 | €812 | €812 | €814 | €14,217 | ▲ 1,647% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €7.9m | €8.1m | €10.9m | €16.4m | ▲ 50.1% |
| Equity10/15 | €2.3m | €2.5m | €2.8m | €2.3m | ▼ 16.9% |
| Contributions10/11 | €1.8m | €1.9m | €1.9m | €1.9m | = |
| Reserves13 | €555,741 | €526,090 | €823,819 | €357,356 | ▼ 56.6% |
| Distributable reserves133 | €555,741 | €526,090 | €823,819 | €357,356 | ▼ 56.6% |
| Amounts payable17/49 | €5.6m | €5.6m | €8.1m | €14.1m | ▲ 72.8% |
| Amounts payable after more than one year17 | €4.6m | €3.9m | €750,000 | €3.8m | ▲ 407% |
| Financial debts170/4 | €4.6m | €3.9m | €750,000 | €3.8m | ▲ 407% |
| Amounts payable within one year42/48 | €885,574 | €1.7m | €7.4m | €9.9m | ▲ 34.4% |
| Current portion of amounts payable after more than one year42 | €751,667 | €751,667 | €0 | €500,000 | - |
| Financial debts43 | - | - | - | €1.0m | - |
| Credit institutions430/8 | - | - | - | €1.0m | - |
| Trade debts44 | €3,104 | €53,218 | €22,566 | €224,064 | ▲ 893% |
| Suppliers440/4 | €3,104 | €53,218 | €22,566 | €224,064 | ▲ 893% |
| Taxes, remuneration and social security45 | €130,803 | €297 | €0 | - | - |
| Taxes450/3 | €130,803 | €297 | €0 | - | - |
| Other amounts payable47/48 | - | €890,197 | €7.3m | €8.2m | ▲ 11.3% |
| Accrued charges and deferred income492/3 | €74,322 | €73,182 | €29,260 | €377,721 | ▲ 1,191% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €555,741 | -€29,651 | €297,728 | -€466,463 | ▼ 257% |
| + Depreciation and write-downs630 | €3,375 | €2,220 | €2,220 | €4,234 | ▲ 90.8% |
| Operating cash flow (approximation) | €559,117 | -€27,431 | €299,948 | -€462,229 | ▼ 254% |
| Investment in fixed assets (approximation) | - | -€2,220 | -€3.0m | -€4.3m | ▼ 43.5% |
| Change in cash | - | €158,266 | -€188,149 | €110,484 | ▲ 159% |
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
20-05
State Gazette act
Resignation: Confidentius BV (director)Permanent representatives: Veerle Vervaeck, Bart Verhelst and Matthias Van Snick7 facts ▸
- General meeting, 24-02-2026
- Director resignation, Confidentius BV (director)
- Permanent representative, Veerle Vervaeck (permanent representative)
- Board composition, AXI Holdings Services BV (director)
- Permanent representative, Bart Verhelst (permanent representative)
- Board composition, CTRL VS BV (director)
- Permanent representative, Matthias Van Snick (permanent representative)
About the unread acts
Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37302E0523/00F002 | Flanders | 3,093 m² | 1 · 424 m² | 17.9 m |
Linked by address, not proof of ownership
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| confidentius BV |
|
Structure & network
Owners and holdings
2 owners · 5 holdings · 7 subsidiaries in the treeChain of control
- AXI Holdings Services
- ITP GROUP
Highest known parent: AXI Holdings Services. The sources do not say who stands above it.
Owners 2
-
100%
-
100%
Holdings 5
- 2SERVE ICTsubsidiarySourceown accounts 2024100%
-
100%
- HugosubsidiarySourceown accounts 2024100%
-
100%
-
100%
All subsidiaries, including indirect ones 7
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- 2SERVE ICT 100%
- DVIT 100%
IT PROVIDER INVEST 100%1 subsidiary
- IT Provider 100%
- Lovatech 100%
According to the 2024 annual accounts of ITP GROUP and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
Ownership & control
1 board mandatePublic money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 2,250 EUR awarded · 2,250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 2,250 EUR |
| 2022 | 1 | 2,250 EUR | 0 EUR |
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.