ITSIDE
The computed 12-month bankruptcy probability of ITSIDE is 0.6% (low). The 2024 annual accounts show equity of €21k and a net result of €30k. Equity is growing by ~39% per year across the filed fiscal years. Its solvency ranks better than 17% of 7321 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €21k |
| Net result | €30k |
| Staff (FTE) | 2 |
| Better than sector | 17% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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 | 22.2% | 65.1% | |
| Net result | €30k | €32k | |
| Equity | €21k | €58k | |
| Gross operating margin | €147k | €52k | |
| Staff costs | €98k | €17k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €48k |
| Net profit | €30k |
| Cash flow | €30k |
| Staff costs | €98k |
| Income taxes | €14k |
| Dividends | €24k |
| Total assets | €96k |
| Equity | €21k |
| Debt | €75k |
| of which ≤ 1y | €75k |
| of which > 1y | - |
| Working capital | €19k |
| Employees (FTE) | 2.0 |
| 2024 | |
|---|---|
| Current ratio | 1.25 |
| Quick ratio | 1.25 |
| Working capital ratio | 19.6% |
| Solvency | 22.2% |
| Debt / equity | 3.51 |
| Long-term debt ratio | - |
| Interest coverage | 12.32 |
| Gross margin | - |
| Net margin | - |
| ROA | 31.0% |
| ROE | 140.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €96k |
| Fixed assets | 21/28 | €2k |
| Tangible fixed assets | 22/27 | €429 |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €94k |
| Amounts receivable within one year | 40/41 | €33k |
| Cash & bank | 54/58 | €60k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €96k |
| Equity | 10/15 | €21k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €18k |
| Amounts payable | 17/49 | €75k |
| Amounts payable within one year | 42/48 | €75k |
| Trade debts payable within one year | 44 | €32k |
| Income statement | ||
| Gross operating margin | 9900 | €147k |
| Operating result | 9901 | €48k |
| Financial income | 75 | €17 |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €44k |
| Income taxes | 67/77 | €14k |
| Net result for the period | 9904 | €30k |
| Result to be appropriated | 9905 | €30k |
| NACE primary | Computer programming & consultancy(62900) |
| Legal form | Private limited company(610) |
| Incorporation | 30-11-2021 |
| Status | Active |
| Postal code | 1440 |
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. |
|---|---|---|---|---|
| 25111A0610/00B000 | Wallonia | 1.5 ha | 1 · 3,823 m² | 9.2 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
22-04-2024 Transaction in capital or shares
Technical details
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"act_meta": {
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"pub_date": "2024-04-22",
"filing_date": "2024-03-29",
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},
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"subject_company": {
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"shareholders_after": [
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"role": "g\u00E9rant_statutaire",
"n_shares": null,
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}
],
"share_classes_after": []
}11-08-2023 Registered office moved from Forest to Braine-le-Château
- Rue des Anciens Etangs, 55 - 1190 Forest → Parc Industriel, 37 à 1440 Braine-le-Château
Technical details
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"events": [
{
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"seat_type": "siege_social",
"new_address": {
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"street": "Parc Industriel",
"country": "BE",
"postcode": "1440",
"box_number": null,
"street_number": "37",
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},
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"city": "Forest",
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"street": "Rue des Anciens Etangs",
"country": "BE",
"postcode": "1190",
"box_number": null,
"street_number": "55",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "Le transfert du si\u00E8ge social sis \u003C\u003C\u003C Rue des Anciens Etangs, 55 \u00E0 1190 Forest \u003E vers l\u0027adresse suivante: \u003C Parc Industriel, 37 \u00E0 1440 Braine-le-Ch\u00E2teau \u00BB.",
"region_changed": true,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": true,
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"notary": {
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"office_city": "Bruxelles",
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"act_meta": {
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"subject_company": {
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"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
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"org_name": "Bureau de Comptabilit\u00E9, Gestion et Fiscalit\u00E9",
"person_name": null,
"org_rep_person_name": "Gr\u00E8gory Van Michel dit Valet",
"person_role_at_subject": null
},
"co_filed_documents": [
"Staatsblad-11/08/2023-Annex\u0113s du Moniteur b\u00E9lge",
"Mod DOC 19.01",
"Volet B"
]
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | ITSIDE |