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ITSF

Active
Private limited companyfounded 2017active for 9 yearsGildestraat(WIE) 11, 2222 Heist-op-den-Berg, BelgiumKBO/BCE: BE 0674.882.349

From the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ITSF has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €119,189 and a net result of €17,672. Equity has been growing by about 23% per year since 2019. Its solvency ranks better than 72% of 538 sector peers (NACE 62, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 27-04-2017 Normal situation
Legal form
Private limited company
Registered office
Gildestraat(WIE) 11, 2222 Heist-op-den-Berg
Activity
Computer programming NACE 62100and 2 others
Establishment unit
2.264.075.416 2222 Heist-op-den-Berg, since 27-04-2017
Financial year end
31 March
Peppol
Reachable since 14-10-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-03-2026
Gross margin
€61,350
▲ 14.9%
Turnover
≈ €140,000
estimated
Profit
€17,672
▼ 21.8%
Equity
€119,189
▲ 6.3%
Total assets
€147,888
▲ 3.9%
Staff
0.6 FTE
▲ 100%
2026 accounts filed 36 days before the deadline
Filed on 25-09-2026at the National Bank
Score breakdownlowers riskLiquidity: current ratio 4.66, cash €109,009Sector: Computer programming, consultancy and related activities (NACE 62)Equity €119,189 (80.6% of total assets)Size: total assets €147,888Show the evidence

Checked score

Score 2026
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 66% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2025
Strong
Solvency 100=
equity 80.6% of total assets
Liquidity 94+3
short-term debt 19.4% · cash 73.7%
Profitability 84-5
return on assets 11.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,908 companies, NACE 62, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.2%▼ -0.1 percentage points vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025highest value 11-2025: < 0.1%▼ -0.3 percentage points vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.66 (2.43 in 2025), above the usual 1.5. Short-term debt is 19.4% and cash 73.7% of total assets. 19.4% of the assets are financed with debt and provisions.
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 62, micro). It does better than 85% of them on solvency, 83% on liquidity, 45% on profitability and 52% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.66, cash €109,009
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €119,189 (80.6% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €147,888
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 25-09-2026, 36 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2026
36 days early
2025
23 days early
2024
15 days early
2023
6 days early
2022
31 days early
2021
37 days early
2020
5 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 8 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €17,672 8 years View

Documents

Annual accounts at the NBB

All 9 annual accounts

Articles and registers

Key facts about ITSF

What is the company number of ITSF?
The company number of ITSF is 0674.882.349. The VAT number is the same number with BE in front: BE 0674.882.349.
Where is ITSF based?
The registered office is at Gildestraat(WIE) 11, 2222 Heist-op-den-Berg.Company details
What does ITSF do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of ITSF?
The legal form of ITSF is Private limited company (BV).
When was ITSF founded?
ITSF was founded on 27-04-2017.
Is ITSF still active?
Yes, ITSF is an active enterprise in the KBO register.
How many employees does ITSF have?
ITSF had an average of 0.6 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of ITSF?
The turnover in financial year 2026 is ≈ €140,000. This figure is estimated from the gross margin of €61,350 and 41 comparable companies (NACE 62100). It probably lies between €120,000 and €180,000. In financial year 2020 turnover was €120,303.
Is ITSF profitable?
In financial year 2026, ITSF made a profit of €17,672.
Where can I find the annual accounts of ITSF?
ITSF filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2026.Annual accounts at the National Bank
When are the next annual accounts of ITSF due?
ITSF must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

Comparable companies

These companies have the same main activity as ITSF: computer programming (NACE 62100). They are comparable in size and age: total assets between €145,000 and €168,000, founded between 2015 and 2017.

CompanyTotal assetsGross margin
ITSF Heist-op-den-Berg€147,888€61,350
UnfoldIT Geel€160,007€66,670
XerIT Berlaar€164,139€68,793
IN D&A Schoten€147,201€64,579
PROSYSTEMS & DEVELOPMENT Hulshout€145,419€57,987
Bos Smart Solutions Wuustwezel€167,791€59,688
ICS Solutions Antwerpen€166,619€53,357
Full comparison

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