Overdue debts
€1,616 on 31-12-2025
The annual accounts state €1,616 of overdue tax debts on 31-12-2025.
ITPL
Lifetime
18 annual accounts with figures on one time axispeak €241,568 (2008)
€53,207▼ 7.0%
lowest -€138,181 (2015)
-€57,790▼ €9,086
peak €290,242 (2012)
-€11,295▼ €57,790
€231,405▼ 1.2%
peak 1 FTE (2008)
-not published
Board1 name since 2024
1 directorGRENIER Frans
Documentsfilings and deeds
05-07-202626 days before the deadline
2025micro format
Gross margin from -€16,350 to -€37,257Loss of €57,790Equity from €46,495 to -€11,295
Key points
from the 2025 annual accountsEquity
-€11,295
Debts exceed assets in financial year 2025.
Losses
-€106,494 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Payment terms
3 days to suppliers
ITPL pays its suppliers 29 days earlier than in 2024. Customers pay 17 days later.
Liquidity
54.58 was 21.24 in 2024
Short-term debts fell from €8,506 to €2,411.
Position in the sector
-€57,790
Lower net result than 90% of companies in waste collection and treatment. Sector median €5,666 · 205 companies.
Checked score
52
Fair
Financially stronger than 36% of micro companies in waste collection and treatment (NACE 38)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 520 companies (NACE 38, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025lowest value
07-2025: 0.8%▲ +0.5 percentage points vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.9%▲ +0.1 percentage points vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.8%▼ -0.1 percentage points vs 05-2026
07-2026: 0.9%▲ +0.1 percentage points vs 06-2026
08-2026: 2.3%▲ +1.4 percentage points vs 07-2026highest value
09-2026: 2.3%● unchanged vs 08-2026highest value
10-2026: 2.3%● unchanged vs 09-2026highest value
11-2026: 2.3%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €57,790, the second in a row (financial year 2025)
Negative equity -€11,295
Sector: Waste collection, recovery and disposal activities (NACE 38)
lowers risk
Size: turnover €53,207, total assets €495,935
Calculation
The band follows from the bankruptcy probability. 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 38, micro). It does better than 14% of them on solvency, 98% on liquidity, 14% on profitability and 18% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 678 companies had the same profile as ITPL has now. Each dot stands for 2 companies, two years later.
84.5%
were still trading
6.2%
stopped another way
6.8%
went bankrupt
Another 2.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ITPL itself: 2.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 678 companies, not a prediction for ITPL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is ample, with a current ratio of 54.58 (21.24 in 2024), above the usual 1.5. Short-term debt is 0.5% of total assets. However, equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€11,295
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 05-07-2026, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
26 days early
2024
37 days early
2023
43 days early
2022
34 days early
2021
76 days late
2020
38 days late
2019
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 38), the median for financial year 2024 was 8 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0436150897
Change of role: GRENIER Frans, from manager to director
Director discharge: GRENIER Frans · Gazette deed
First establishment
Rue de Stalingrad 11, Aiseau-Presles
Incorporation
published on 07-01-1989 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ITPL Aiseau-Presles | €53,207 | - | -2.3% | - |
| BIO-N.R.GY Pittem | - | - | -1877.3% | 2.3 |
| MIG Balen | - | - | 40.8% | - |
| ANDA Projects Hove | - | - | 59.0% | - |
| LA FILIERE BOIS Seraing | - | - | -42.3% | - |
| L.W.Z. Lendelede | - | - | 92.4% | 0 |
| BILZEN NOORD METAAL Bilzen-Hoeselt | €3,816 | - | 97.0% | - |
These companies have the same main activity as ITPL: materials recovery from waste (NACE 38210). They are comparable in size and age: total assets between €258,000 and €701,000, founded between 1991 and 2004.
Official details
Source: KBO- Status
- Active since 22-12-1988Normal situation
- Activity
- Materials recovery from wasteNACE 38210
- Establishment unit
- 2.041.370.3446250 Aiseau-Presles, since 23-12-1988
- Financial year end
- 31 December
- Peppol
- Reachable since 16-03-2026
Annual accounts 2025
- €495,935▼ 10.9%
- Filing
- Filed on 05-07-2026, 26 days before the end of the filing period
Insights on ITPL
ITPL has existed since 1988. Turnover fell from €236,566 in 2011 to €62,056 in 2013.
Solvency fell in 2025 from 8.4% to -2.3% because of the loss.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ITPL
- What is the company number of ITPL?
- The company number of ITPL is 0436.150.897. The VAT number is the same number with BE in front: BE 0436.150.897.
- Where is ITPL based?
- The registered office is at Rue de Stalingrad 11, 6250 Aiseau-Presles.Company details
- What does ITPL do?
- According to the KBO register, the main activity is materials recovery from waste (NACE 38210).
- What is the legal form of ITPL?
- ITPL is a private limited company (BV).
- When was ITPL founded?
- ITPL was founded on 22-12-1988.
- Is ITPL still active?
- Yes, ITPL is an active enterprise in the KBO register.
- What is the turnover of ITPL?
- The turnover of ITPL was €53,207 in financial year 2025, according to the filed annual accounts.Financials
- Is ITPL profitable?
- In financial year 2025, ITPL made a loss of €57,790.
- Where can I find the annual accounts of ITPL?
- ITPL filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ITPL due?
- ITPL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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