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ITS BELGIUM

Active
Non-profit associationfounded 200323 yrs activeStuiversstraat 8, 1000 Brussel, BelgiumKBO/BCE: BE 0863.769.558
Summary

ITS BELGIUM has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €745k and a net result of €-88k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 87% of 925 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
75 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-31
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 8.92 against 7.7 in 2024; short-term debt: 11.2% and cash: 24.2% of total assets), and 11.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 23 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
88.8%
Return on assets
-10.5%
Age of the figures
9 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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
55 d late
2023
110 d early
2022
122 d early
2021
122 d early
2020
123 d early
2019
on the day
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-88k
2024 · €212
2018: €5k 2019: €17k 2020: €11k 2021: €3k 2022: €2k 2023: €830 2024: €212
2018 → 2025
Working capital
€741k▼ 12.6%
2024 · €848k
2018: €1.04M 2019: €1.03M 2020: €1.16M 2021: €1.08M 2022: €1.03M 2023: €908k 2024: €848k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€830k-€832k▲ 0.3%€833k▲ 0.1%€833k=€745k▼ 10.5%
Operating result€5k-€4k▼ 22.7%€2k▼ 52.9%€531▼ 72.5%€-95k
Net result€3k-€2k▼ 20.9%€830▼ 64.0%€212▼ 74.5%€-88k
Result per fiscal year
Operating resultNet result
€-100k€-75k€-50k€-25k€0Operating result 2021: €5k€5kNet result 2021: €3k€3kOperating result 2022: €4k€4kNet result 2022: €2k€2kOperating result 2023: €2k€2kNet result 2023: €830€830Operating result 2024: €531€531Net result 2024: €212€212Operating result 2025: €-95k€-95kNet result 2025: €-88k€-88k20212022202320242025€-100k€-75k€-50k€-25k€0Operating result 2023: €2k€1.9kNet result 2023: €830€830Operating result 2024: €531€531Net result 2024: €212€212Operating result 2025: €-95k€-95kNet result 2025: €-88k€-88k202320242025
The operating result turns negative in 2025: a loss of €95k after €531 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €839k
Fixed assets €4k ▼ 30.0%
Current assets €835k ▼ 14.3%
Equity and liabilities €839k
Equity €745k ▼ 10.5%
Provisions €0 ▼ 100%
Debt €94k ▼ 25.9%
Debt's share of the balance-sheet total falls from 12.9% to 11.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-93k
2024 · €2k
Cash flow
€-86k
2024 · €2k
Current ratio
8.92
2024 · 7.70
Debt to equity
0.13
2024 · 0.15
ROE
-11.8%
2024 · 0.0%
ROA
-10.5%
2024 · 0.0%
Interest coverage
-173.13
2024 · 2.24
Debt ≤ 1 year
€94k
2024 · €126k
Income taxes
€2k
2024 · €525
Staff costs
€30k
2024 · €103k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€980k€839k
Fixed assets21/28€6k€4k
Intangible fixed assets21€4k€3k
Tangible fixed assets22/27€904€263
Furniture and vehicles24€904€263
Financial fixed assets28€500€500=
Current assets29/58€974k€835k
Amounts receivable within one year40/41€31k€126k
Trade receivables40€31k€101k
Other amounts receivable41-€25k
Current investments50/53-€500k
Cash at bank and in hand54/58€942k€203k
Deferred charges and accrued income490/1€2k€5k
Equity and liabilities
Total equity and liabilities10/49€980k€839k
Equity10/15€833k€745k
Contributions10/11€16k€16k=
Capital10€16k€16k=
Profit (loss) carried forward14€817k€729k
Provisions and deferred taxes16€21k€0
Provisions for liabilities and charges160/5€21k€0
Other liabilities and charges164/5€21k€0
Amounts payable17/49€126k€94k
Amounts payable within one year42/48€126k€94k
Trade debts44€43k€64k
Suppliers440/4€43k€64k
Advances received on contracts in progress46€51k€28k
Taxes, remuneration and social security45€33k€2k
Taxes450/3-€2k
Remuneration and social security454/9€33k€0
Income statement Code20242025
Non-recurring operating income76A-€21k
Remuneration, social security and pensions62€103k€30k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-44k€0
Other operating charges640/8€2k€3k
Gross operating margin9900€64k€-59k
Operating profit (loss)9901€531€-95k
Financial income75/76B€1k€9k
Recurring financial income75€1k€9k
Financial charges65/66B€1k€536
Recurring financial charges65€1k€536
Profit (loss) for the period before taxes9903€737€-86k
Income taxes67/77€525€2k
Profit (loss) for the period9904€212€-88k
Profit (loss) for the period to be appropriated9905€212€-88k
Appropriation of the result
Profit (loss) to be appropriated9906€817k€729k
Profit (loss) brought forward from the previous period14P€817k€817k=
Social balance
Average headcount (FTE)90871.00.3

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet €-88k ▼41599%
Net result drops to €-88k, the lowest in the series.
24-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 55 days late
2024
12-04
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
31-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 366 days late
2019
31-12
Financial Highest result since 2018net €17k ▲215%
Net result €17k, the highest in the series.
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
01-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated 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, Brussel
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.

Stuiversstraat 81000 Brussel
Ground area
1,724 m²
Building footprint
1,087 m²
Volume, LiDAR
20,906 m³
Parcel 21804D0807/00F000, Brussels · tallest building 28.2 m, ±7 floors. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21804D0807/00F000
ProtectedArchitectural ensemble · Site or landscapeKunstbergSource ↗
Brussels 1,724 m² 1 · 1,087 m² 28.2 m · 7 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 18,000 EUR awarded · 18,000 EUR paid
Year Entries awardedpaid
2025 1 0 EUR3,600 EUR
2024 1 0 EUR14,400 EUR
2023 1 18,000 EUR0 EUR
Schemes
Subsidies aangepast vervoer
1 entry · 18,000 EUR · Departement Mobiliteit en Openbare Werken
Subsidies voor de aanleg of herinrichting van een Hoppinpunt
1 entry · 14,400 EUR paid · Departement Mobiliteit en Openbare Werken
Subsidies decreet basisbereikbaarheid
1 entry · 3,600 EUR paid · Departement Mobiliteit en Openbare Werken

Similar companies · same sector, comparable size

Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 5,136 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded28-02-2003
Fiscal year end31-12
Abbreviation NL ITS.BE
Activities, NACEBEL 2025
82990Other business support services
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.