ITRAC
ActiveITRAC has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145k and a net result of €12k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 92% of 2252 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability42▼-48
Solvency100=
Growth56=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 14.64 against 49.7 in 2024), and 6.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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
93.7%
Return on assets
7.9%
Age of the figures
8 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
26 d late
2023
33 d early
2022
123 d early
2021
2 d early
2020
1 d early
2019
on the day
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€106k▲ 49.2%
2023 · €71k
2018: €64k
2019: €21k
2020: €35k
2021: €74k
2022: €80k
2023: €71k
2018 → 2024
EBIT margin
25.3%▼ 5.3pp
2023 · 30.6%
2018: 66.3%
2019: 6.2%
2020: 30.7%
2021: 20.9%
2022: 36.8%
2023: 30.6%
2018 → 2024
Net result
€12k▼ 34.0%
2024 · €19k
2018: €42k
2019: €922
2020: €10k
2021: €15k
2022: €29k
2023: €20k
2024: €19k
2018 → 2025
Working capital
€134k▲ 23.2%
2024 · €108k
2018: €38k
2019: €39k
2020: €32k
2021: €51k
2022: €84k
2023: €107k
2024: €108k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€74k-€80k▲ 8.2%€71k▼ 11.5%€106k▲ 49.2%
Equity€65k-€94k▲ 45.5%€114k▲ 21.2%€133k▲ 16.3%€145k▲ 9.3%
Operating result€15k-€30k▲ 90.6%€22k▼ 26.4%€27k▲ 23.2%€17k▼ 37.0%
Net result€15k-€29k▲ 91.2%€20k▼ 32.1%€19k▼ 6.8%€12k▼ 34.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €155k
Fixed assets
€12k▼ 52.7%
Current assets
€143k▲ 29.6%
Equity and liabilities €155k
Equity
€145k▲ 9.3%
Debt
€10k▲ 340%
The debt ratio rises from 1.6% to 6.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€31k▼
2024 · €41k
Cash flow
€26k▼
2024 · €33k
Solvency
93.7%▼
2024 · 98.4%
Current ratio
14.64▼
2024 · 49.70
Quick ratio
14.64▼
2024 · 49.70
Debt / equity
0.07▲
2024 · 0.02
ROE
8.5%▼
2024 · 14.0%
ROA
7.9%▼
2024 · 13.8%
Interest coverage
265.63▼
2024 · 391.30
Debt
€10k▲
2024 · €2k
Debt ≤ 1 year
€10k▲
2024 · €2k
Income taxes
€7k▼
2024 · €9k
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€135k€155k▲
Fixed assets21/28€24k€12k▼
Tangible fixed assets22/27€24k€12k▼
Plant, machinery and equipment23€293€844▲
Furniture and vehicles24€24k€11k▼
Current assets29/58€111k€143k▲
Amounts receivable within one year40/41€12k€17k▲
Trade receivables40€9k€11k▲
Other amounts receivable41€3k€6k▲
Current investments50/53€50k€50k▲
Cash at bank and in hand54/58€49k€74k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€135k€155k▲
Equity10/15€133k€145k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€65k€77k▲
Amounts payable17/49€2k€10k▲
Amounts payable within one year42/48€2k€10k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€487€8k▲
Taxes450/3€487€8k▲
Income statement
Code20242025
Turnover70€106k-
Goods, raw materials, services and sundry goods60/61€65k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Other operating charges640/8€2k€702▼
Gross operating margin9900€43k€31k▼
Operating profit (loss)9901€27k€17k▼
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€106€115▲
Recurring financial charges65€106€115▲
Profit (loss) for the period before taxes9903€28k€19k▼
Income taxes67/77€9k€7k▼
Profit (loss) for the period9904€19k€12k▼
Profit (loss) for the period to be appropriated9905€19k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€77k▲
Profit (loss) brought forward from the previous period14P€46k€65k▲
The notes to these accounts (4 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 6current ratio 391.08
Current ratio from 61.19 to 391.08; short-term debt falls from €1k to €275.
31-12
Financial
Equity above €100kEq €114k ▲21.2%
6 profitable years in a row build equity to €114k.
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 825current ratio 4852.08
Current ratio from 5.88 to 4852.08; short-term debt falls from €7k to €11.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €922 ▼97.8%
Net result drops to €922, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 7.16
Current ratio from 3.39 to 7.16; short-term debt falls from €16k to €6k.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kraainem · 1 establishment unit since 1992
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.
Crocussenlaan 291950 KraainemGround area
524 m²
Building footprint
143 m²
Volume, LiDAR
707 m³
Parcel 22002C0048/00E008, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ITRAC - VODEALS
since 19922.057.043.465
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0048/00E008 | Flanders | 524 m² | 1 · 143 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,420 companies in sector 82990 we hold annual accounts for 9,359. 7,099 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-02-1992
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.