Equity
€220,425 ▼ 38.5%
ITS Plus paid out €353,647 in dividends. That is 164% of the 2025 profit.
ITS Plus
Lifetime
5 annual accounts with figures on one time axispeak €490,755 (2025)
€490,755▲ 33.8%
peak €215,905 (2025)
€215,905▲ 40.5%
peak €358,167 (2024)
€220,425▼ 38.5%
€371,116▲ 182%
peak 5.1 FTE (2025)
5.1 FTE▲ 37.8%
Board1 name since 2021
1 directorLANOYE Thomas
Documentsfilings and deeds
09-07-202622 days before the deadline
2025abbreviated format
Gross margin from €366,762 to €490,755Result from €153,647 to €215,905Staff from 3.7 FTE to 5.1 FTEDividend €353,647Equity from €358,167 to €220,425Debts from €131,779 to €371,116
Key points
from the 2025 annual accountsDebts
€371,116 ▲ 182%
Debts rose by €239,338 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€88,507 5.4 × depreciation
Green is investment, beige is depreciation.
Staff
9 employees on 31-12-2025
In 2025, 12 people joined and 8 left.
Liquidity
1.42 was 3.24 in 2024
Short-term debts rose from €131,605 to €325,156.
Position in the sector
€215,905
Higher net result than 89% of companies in retail trade. Sector median €27,404 · 12,850 companies.
Checked score
82
Excellent
Financially stronger than 50% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024lowest value
02-2025: 0.2%● unchanged vs 01-2025lowest value
03-2025: 0.2%● unchanged vs 02-2025lowest value
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.5%▼ -0.1 percentage points vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2021
lowers risk
Liquidity: current ratio 1.42, cash €96,131
Figures for financial year 2025 (filed on 09-07-2026)
Equity €220,425 (37.3% of total assets)
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 47, micro). It does better than 53% of them on solvency, 40% on liquidity, 96% on profitability and 13% on growth.
The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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, 26,972 companies had the same profile as ITS Plus has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ITS Plus itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,448 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 26,972 companies, not a prediction for ITS Plus. 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
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.42 (3.24 in 2024), below the usual 1.5. Short-term debt is 55% and cash 16.3% of total assets. 62.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 09-07-2026, 22 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
22 days early
2024
14 days early
2023
28 days early
2022
31 days early
2021
33 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 26 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 4 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- LANOYE Thomas 90 sharesdeed of 18-01-2021
- VERDONCK Katrien Alice Albert 10 sharesdeed of 18-01-2021
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0761599656
Incorporation
Founding capital of €3,000, 100 shares · Founders: LANOYE Thomas and VERDONCK Katrien Alice Albert · Appointment: LANOYE Thomas (director) · published on 18-01-2021 · Gazette deed
First establishment
Gentse Steenweg 6, Lokeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ITS Plus Lokeren | €0.6m | €490,755 | 37.3% | 5.1 |
| JDV COMPUTERS Herzele | €0.7m | €226,842 | 19.6% | 4.5 |
| Opeak Antwerp | €1.1m | €445,255 | -525.8% | 4.1 |
| 4 Telecom Center Antwerp | €0.6m | €304,315 | 80.7% | 5.3 |
| Just Connect Waregem | €1.0m | €929,400 | 64.9% | 4.5 |
| PC Vision Turnhout | €0.9m | €284,273 | 33.8% | 3.4 |
| LESTERIUS Ghent | €0.4m | €614,081 | 38.8% | 7.5 |
These companies have the same main activity as ITS Plus: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €392,000 and €1.1m, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 14-01-2021Normal situation
- Activity
- Retail sale of information and communication equipmentNACE 47400and 4 others
- Joint committee
- 201Independent retail · annual accounts 2024
- Establishment unit
- 2.311.942.9369160 Lokeren, since 14-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 17-06-2026
Annual accounts 2025
- ≈ €3.3mestimated
- €591,542▲ 20.7%
- Employeeson 31-12-2025
- 9▲ 80.0%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on ITS Plus
ITS Plus files the abbreviated format. That format states no turnover. The gross margin rose from €191,006 in 2021 to €490,755 in 2025.
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 ITS Plus
- What is the company number of ITS Plus?
- The company number of ITS Plus is 0761.599.656. The VAT number is the same number with BE in front: BE 0761.599.656.
- Where is ITS Plus based?
- The registered office is at Gentse Steenweg 6, 9160 Lokeren.Company details
- What does ITS Plus do?
- According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
- What is the legal form of ITS Plus?
- ITS Plus is a private limited company (BV).
- When was ITS Plus founded?
- ITS Plus was founded on 14-01-2021.
- Is ITS Plus still active?
- Yes, ITS Plus is an active enterprise in the KBO register.
- How many employees does ITS Plus have?
- ITS Plus had an average of 5.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ITS Plus fall under?
- In its 2024 annual accounts, ITS Plus states joint committee 201 (Independent retail).
- What is the turnover of ITS Plus?
- The turnover in financial year 2025 is ≈ €3.3m. This figure is estimated from the gross margin of €490,755 and 214 comparable companies (NACE 47). It probably lies between €1.8m and €5.2m.
- Is ITS Plus profitable?
- In financial year 2025, ITS Plus made a profit of €215,905.
- Where can I find the annual accounts of ITS Plus?
- ITS Plus filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ITS Plus due?
- ITS Plus must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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