iTraceiT
The computed 12-month bankruptcy probability of iTraceiT is 1.0% (low). The 2024 annual accounts show negative equity (€-312k) and a net result of €-635k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 7% of 297 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-312k |
| Net result | €-635k |
| Staff (FTE) | 1 |
| Better than sector | 7% |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -45.0% | 42.8% | |
| Net result | €-635k | €28k | |
| Equity | €-312k | €78k | |
| Gross operating margin | €-363k | €73k | |
| Staff costs | €158k | €386k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €-521k |
| Net profit | €-635k |
| Cash flow | €-550k |
| Staff costs | €158k |
| Income taxes | - |
| Dividends | - |
| Total assets | €694k |
| Equity | €-312k |
| Debt | €1.01M |
| of which ≤ 1y | €458k |
| of which > 1y | €533k |
| Working capital | €-138k |
| Employees (FTE) | 1.0 |
| 2024 | |
|---|---|
| Current ratio | 0.70 |
| Quick ratio | 0.68 |
| Working capital ratio | -19.9% |
| Solvency | -45.0% |
| Debt / equity | -3.22 |
| Long-term debt ratio | -1.71 |
| Interest coverage | -17.36 |
| Gross margin | - |
| Net margin | - |
| ROA | -91.6% |
| ROE | 203.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €694k |
| Fixed assets | 21/28 | €374k |
| Intangible fixed assets | 21 | €373k |
| Tangible fixed assets | 22/27 | €1k |
| Current assets | 29/58 | €320k |
| Stocks & contracts in progress | 3 | €10k |
| Amounts receivable within one year | 40/41 | €111k |
| Cash & bank | 54/58 | €199k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €694k |
| Equity | 10/15 | €-312k |
| Contributions / capital | 10/11 | €1.05M |
| Accumulated profits (losses) | 14 | €-1.36M |
| Amounts payable | 17/49 | €1.01M |
| Amounts payable after one year | 17 | €533k |
| Amounts payable within one year | 42/48 | €458k |
| Trade debts payable within one year | 44 | €400k |
| Income statement | ||
| Gross operating margin | 9900 | €-363k |
| Operating result | 9901 | €-607k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €30k |
| Result before taxes | 9903 | €-635k |
| Net result for the period | 9904 | €-635k |
| Result to be appropriated | 9905 | €-635k |
| NACE primary | Ontwerpen van computerprogramma’s(62100) |
| Legal form | Private limited company(610) |
| Incorporation | 24-06-2021 |
| Status | Active |
| Postal code | 7090 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55016A0258/00A006 | Wallonia | 278 m² | 1 · 80 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-06-2025 4 directors appointed
- Guy DE SMET, Commissaris
- Frederik DEGRYSE, Commissaris
- Klaas VAN IMSCHOOT, Commissaris
- Eric VAN ZUIJLEN, Commissaris
Technical details
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}16-01-2025 Capital increase of €465,000
- 2 kapitaalbewegingen in deze akte
Technical details
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}01-08-2023 Capital increase of €171,000 to €171,000
- €0 → €171.000
- Inbreng in natura · Apport en nature
- 2 kapitaalbewegingen in deze akte
Technical details
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}| Legal nameFR | iTraceiT |