ITS Consult
ActiveSummary
ITS Consult has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €38k and a net result of €4k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability77▲+5
Solvency88▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 2.08 in 2023; short-term debt: 37% and cash: 13.6% of total assets), and 37% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
63%
Return on assets
6.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
30 d early
2022
18 d early
2021
33 d early
2020
24 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€38k▲ 11.1%
2023 · €34k
2018: €17klowest in 7 years
2019: €22k▲ +28.7% vs 2018
2020: €28k▲ +26.5% vs 2019
2021: €29k▲ +4.8% vs 2020
2022: €32k▲ +9.9% vs 2021
2023: €34k▲ +5.9% vs 2022
2024: €38k▲ +11.1% vs 2023highest in 7 years
2018 → 2024
Total assets
€60k▼ 6.7%
2023 · €65k
2018: €28klowest in 7 years
2019: €36k▲ +28.3% vs 2018
2020: €65k▲ +79.9% vs 2019highest in 7 years
2021: €51k▼ -22.4% vs 2020
2022: €52k▲ +2.0% vs 2021
2023: €65k▲ +25.2% vs 2022
2024: €60k▼ -6.7% vs 2023
2018 → 2024
Net result
€4k▲ 97.5%
2023 · €2k
2018: €-2klowest in 7 years
2019: €5k▲ +379% vs 2018
2020: €6k▲ +19.1% vs 2019highest in 7 years
2021: €1k▼ -76.9% vs 2020
2022: €3k▲ +115% vs 2021
2023: €2k▼ -34.2% vs 2022
2024: €4k▲ +97.5% vs 2023
2018 → 2024
Working capital
€27k▼ 15.3%
2023 · €32k
2018: €17klowest in 7 years
2019: €18k▲ +5.6% vs 2018
2020: €21k▲ +14.2% vs 2019
2021: €23k▲ +9.8% vs 2020
2022: €28k▲ +24.0% vs 2021
2023: €32k▲ +12.9% vs 2022highest in 7 years
2024: €27k▼ -15.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€29k▲ 4.8%€32k▲ 9.9%€34k▲ 5.9%€38k▲ 11.1%
2020: €28klowest in 5 years
2021: €29k▲ +4.8% vs 2020
2022: €32k▲ +9.9% vs 2021
2023: €34k▲ +5.9% vs 2022
2024: €38k▲ +11.1% vs 2023highest in 5 years
Operating result€9k-€3k▼ 70.9%€6k▲ 129%€3k▼ 55.0%€6k▲ 120%
2020: €9khighest in 5 years
2021: €3k▼ -70.9% vs 2020lowest in 5 years
2022: €6k▲ +129% vs 2021
2023: €3k▼ -55.0% vs 2022
2024: €6k▲ +120% vs 2023
Net result€6k-€1k▼ 76.9%€3k▲ 115%€2k▼ 34.2%€4k▲ 97.5%
2020: €6khighest in 5 years
2021: €1k▼ -76.9% vs 2020lowest in 5 years
2022: €3k▲ +115% vs 2021
2023: €2k▼ -34.2% vs 2022
2024: €4k▲ +97.5% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 120% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €60k
Fixed assets
€11k ▲ 176%
Current assets
€49k ▼ 19.1%
Equity and liabilities €60k
Equity
€38k ▲ 11.1%
Debt
€22k ▼ 26.7%
Debt's share of the balance-sheet total falls from 47.1% to 37.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▲
2023 · €5k
Cash flow
€8k▲
2023 · €4k
Current ratio
2.19▲
2023 · 2.08
Debt to equity
0.59▼
2023 · 0.89
ROE
10.0%▲
2023 · 5.6%
ROA
6.3%▲
2023 · 3.0%
Interest coverage
20.25▲
2023 · 9.21
Debt ≤ 1 year
€22k▼
2023 · €29k
Income taxes
€3k▲
2023 · €2k
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€65k€60k▼
Fixed assets21/28€4k€11k▲
Tangible fixed assets22/27€4k€11k▲
Plant, machinery and equipment23€2k€8k▲
Furniture and vehicles24€2k€4k▲
Current assets29/58€61k€49k▼
Stocks and contracts in progress3€5k-
Stocks30/36€5k-
Amounts receivable within one year40/41€15k€32k▲
Trade receivables40€67€17k▲
Other amounts receivable41€15k€15k▼
Cash at bank and in hand54/58€29k€8k▼
Deferred charges and accrued income490/1€11k€9k▼
Equity and liabilities
Total equity and liabilities10/49€65k€60k▼
Equity10/15€34k€38k▲
Contributions10/11€6k€6k=
Reserves13€13k€17k▲
Distributable reserves133€13k€17k▲
Profit (loss) carried forward14€15k€15k▲
Amounts payable17/49€30k€22k▼
Amounts payable within one year42/48€29k€22k▼
Trade debts44€5k€5k▼
Suppliers440/4€5k€5k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€21k€15k▼
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Remuneration, social security and pensions62€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€499€513▲
Gross operating margin9900€7k€10k▲
Operating profit (loss)9901€3k€6k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€541€470▼
Recurring financial charges65€541€470▼
Profit (loss) for the period before taxes9903€4k€7k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€2k€4k▲
Profit (loss) for the period to be appropriated9905€2k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€19k▲
Profit (loss) brought forward from the previous period14P€15k€15k▲
Transfer to equity691/2€2k€4k▲
To other reserves6921€2k€4k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €2k | €2k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €2k | €2k | €2k | €4k | ▲ 59.5% |
| Other operating charges640/8 | - | €105 | €460 | €499 | €513 | ▲ 2.8% |
| Gross operating margin9900 | €13k | €4k | €10k | €7k | €10k | ▲ 39.1% |
| Operating profit (loss)9901 | €9k | €3k | €6k | €3k | €6k | ▲ 120% |
| Financial income75/76B | - | €34 | €5 | €2k | €1k | ▼ 18.6% |
| Recurring financial income75 | €10 | €34 | €5 | €2k | €1k | ▼ 18.6% |
| Financial charges65/66B | - | €774 | €582 | €541 | €470 | ▼ 13.2% |
| Recurring financial charges65 | €169 | €774 | €582 | €541 | €470 | ▼ 13.2% |
| Profit (loss) for the period before taxes9903 | €9k | €2k | €5k | €4k | €7k | ▲ 80.6% |
| Income taxes67/77 | €3k | €432 | €2k | €2k | €3k | ▲ 61.3% |
| Profit (loss) for the period9904 | €6k | €1k | €3k | €2k | €4k | ▲ 97.5% |
| Profit (loss) for the period to be appropriated9905 | €6k | €1k | €3k | €2k | €4k | ▲ 97.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €65k | €51k | €52k | €65k | €60k | ▼ 6.7% |
| Fixed assets21/28 | €8k | €7k | €5k | €4k | €11k | ▲ 176% |
| Tangible fixed assets22/27 | €8k | €7k | €5k | €4k | €11k | ▲ 176% |
| Plant, machinery and equipment23 | - | €4k | €3k | €2k | €8k | ▲ 316% |
| Furniture and vehicles24 | - | €3k | €2k | €2k | €4k | ▲ 65.2% |
| Current assets29/58 | €58k | €44k | €47k | €61k | €49k | ▼ 19.1% |
| Stocks and contracts in progress3 | €716 | - | €832 | €5k | - | - |
| Stocks30/36 | - | - | €832 | €5k | - | - |
| Amounts receivable within one year40/41 | €9k | €9k | €24k | €15k | €32k | ▲ 107% |
| Trade receivables40 | - | €9k | €9k | €67 | €17k | ▲ 25,560% |
| Other amounts receivable41 | - | €66 | €15k | €15k | €15k | ▼ 2.7% |
| Cash at bank and in hand54/58 | €48k | €34k | €15k | €29k | €8k | ▼ 71.5% |
| Deferred charges and accrued income490/1 | - | €776 | €7k | €11k | €9k | ▼ 23.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €65k | €51k | €52k | €65k | €60k | ▼ 6.7% |
| Equity10/15 | €28k | €29k | €32k | €34k | €38k | ▲ 11.1% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €7k | €9k | €11k | €13k | €17k | ▲ 27.9% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €7k | €10k | €13k | €17k | ▲ 27.9% |
| Profit (loss) carried forward14 | €15k | €15k | €15k | €15k | €15k | ▲ 0.6% |
| Amounts payable17/49 | €37k | €21k | €19k | €30k | €22k | ▼ 26.7% |
| Amounts payable within one year42/48 | €37k | €21k | €19k | €29k | €22k | ▼ 23.2% |
| Trade debts44 | €20k | €2k | €2k | €5k | €5k | ▼ 0.4% |
| Suppliers440/4 | - | €2k | €2k | €5k | €5k | ▼ 0.4% |
| Taxes, remuneration and social security45 | - | €4k | €3k | €4k | €3k | ▼ 17.6% |
| Taxes450/3 | - | €4k | €3k | €4k | €3k | ▼ 17.6% |
| Other amounts payable47/48 | - | €15k | €14k | €21k | €15k | ▼ 29.4% |
| Accrued charges and deferred income492/3 | - | - | €291 | €1k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €1k | €3k | €2k | €4k | ▲ 97.5% |
| + Depreciation and write-downs630 | €3k | €2k | €2k | €2k | €4k | ▲ 59.5% |
| Operating cash flow (approximation) | €9k | €3k | €5k | €4k | €8k | ▲ 76.5% |
| Investment in fixed assets (approximation) | - | €-868 | €0 | €-2k | €-11k | ▼ 525% |
| Change in cash | - | €-13k | €-19k | €14k | €-21k | ▼ 249% |
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €6k ▲19.1%
Net result €6k, the highest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Beernem · 1 establishment unit since 2016
Ground area
586 m²
Building footprint
143 m²
Volume, LiDAR
634 m³
Parcel 31003G0059/00C005, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ITS Consult
since 20162.251.895.481
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003G0059/00C005 | Flanders | 586 m² | 1 · 143 m² | 7.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 36,365 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
58290Other software publishing
62200Computer consultancy and computer facilities management
74120Graphic design and visual communication
Scores and ratios are computed by Checked and are not a credit decision.