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ITSK

Active
Private limited companyfounded 20205 yrs activeStokkelstraat 50, 1950 Kraainem, BelgiumKBO/BCE: BE 0759.987.179

ITSK has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €105k and a net result of €76k. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 57% of 2822 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
78 / 100
Excellent▼ -15 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency77▼-23
Growth52=
Stability94
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 4.32 in 2023), and 50.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 5 years 0 10 y
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 23-07-2025, 8 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
8 d early
2023
37 d early
2022
60 d early
2021
46 d early
← before the deadline after the 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 2024, abbreviated schema

Equity
€105k▼ 54.8%
2023 · €231k
2021: €83k 2022: €154k 2023: €231k
2021 → 2024
Total assets
€210k▼ 20.7%
2023 · €264k
2021: €111k 2022: €205k 2023: €264k
2021 → 2024
Net result
€76k▼ 2.5%
2023 · €78k
2021: €81k 2022: €70k 2023: €78k
2021 → 2024
Working capital
€18k▼ 83.7%
2023 · €110k
2021: €81k 2022: €78k 2023: €110k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2021202220232024Trend
Equity€83k-€154k▲ 84.3%€231k▲ 50.4%€105k▼ 54.8%
Operating result€102k-€92k▼ 9.9%€96k▲ 4.2%€94k▼ 2.2%
Net result€81k-€70k▼ 13.6%€78k▲ 10.2%€76k▼ 2.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €102k€102kNet result 2021: €81k€81kOperating result 2022: €92k€92kNet result 2022: €70k€70kOperating result 2023: €96k€96kNet result 2023: €78k€78kOperating result 2024: €94k€94kNet result 2024: €76k€76k2021202220232024
The operating result falls in 2024; 2024 is 2% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €210k
Fixed assets €87k▼ 28.8%
Current assets €123k▼ 13.7%
Equity and liabilities €210k
Equity €105k▼ 54.8%
Debt €105k▲ 219%
The debt ratio rises from 12.5% to 50.2%: debt grows while equity shrinks.
Key figures and ratios
2024 value · change against 2023
EBITDA
€97k
2023 · €99k
Cash flow
€78k
2023 · €80k
Solvency
49.8%
2023 · 87.5%
Current ratio
1.17
2023 · 4.32
Quick ratio
1.17
2023 · 4.32
Debt / equity
1.01
2023 · 0.14
ROE
72.3%
2023 · 33.5%
ROA
36.0%
2023 · 29.3%
Interest coverage
140.24
Debt
€105k
2023 · €33k
Debt ≤ 1 year
€105k
2023 · €33k
Income taxes
€20k
2023 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€264k€210k
Fixed assets21/28€122k€87k
Tangible fixed assets22/27€3k€6k
Furniture and vehicles24€2k€2k
Other tangible fixed assets26€1k€5k
Financial fixed assets28€118k€80k
Current assets29/58€143k€123k
Amounts receivable after more than one year29-€8k
Other amounts receivable291-€8k
Amounts receivable within one year40/41-€33k
Trade receivables40-€33k
Cash at bank and in hand54/58€142k€80k
Deferred charges and accrued income490/1€657€2k
Equity and liabilities
Total equity and liabilities10/49€264k€210k
Equity10/15€231k€105k
Contributions10/11€2k€2k=
Profit (loss) carried forward14€229k€103k
Amounts payable17/49€33k€105k
Amounts payable within one year42/48€33k€105k
Trade debts44€3k€4k
Suppliers440/4€3k€4k
Taxes, remuneration and social security45€29k€40k
Taxes450/3€29k€40k
Other amounts payable47/48€932€61k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k
Other operating charges640/8€1k€1k
Gross operating margin9900€100k€98k
Operating profit (loss)9901€96k€94k
Financial income75/76B€2k€3k
Recurring financial income75€2k€3k
Financial charges65/66B-€689
Recurring financial charges65-€689
Profit (loss) for the period before taxes9903€98k€96k
Income taxes67/77€20k€20k
Profit (loss) for the period9904€78k€76k
Profit (loss) for the period to be appropriated9905€78k€76k
Appropriation of the result
Profit (loss) to be appropriated9906€229k€305k
Profit (loss) brought forward from the previous period14P€152k€229k
Profit to be distributed694/7-€202k
Return on contributions (dividend)694-€202k

The notes to these accounts (8 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

2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Equity above €200kEq €231k ▲50.4%
3 profitable years in a row build equity to €231k.
01-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €70k ▼13.6%
Net result drops to €70k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €150kEq €154k ▲84.3%
2 profitable years in a row build equity to €154k.
15-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is 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, Kraainem · 1 establishment unit since 2021
establishment The establishment unit on the map
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.

Stokkelstraat 501950 Kraainem
Ground area
237 m²
Building footprint
80 m²
Volume, LiDAR
706 m³
Parcel 22002A0334/00X000, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ITSK
Stokkelstraat 50, 1950 KraainemPublishing activities
since 20212.312.316.583
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22002A0334/00X000 Flanders 237 m² 1 · 79 m² 11.8 m · 3 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.

Similar companies · same sector, comparable size

Of 29,885 companies in sector 62200 we hold annual accounts for 18,322. 15,494 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-12-2020
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.